Daily Debrief: What Happened Today (Nov 20)

Stories you might have missed

Mainstream car COE drops S$10,000 in largest price fall of 2024; Cat A now under S$90,000 for first time since June

THE Certificate of Entitlement (COE) price for the mainstream car category, Category A, has taken a notable plunge, falling by 10 per cent or S$10,000 to S$89,889, as most COE premiums also declined in November’s second round of bidding.

Condo rents up 0.5% in October; HDB rental market picks up slightly: SRX, 99.co

HOUSING and Development Board (HDB) rents were slightly higher in October, up 0.5 per cent from the previous month. Rents increased by 0.9 per cent in mature estates, but non-mature estates experienced a 0.2 per cent decline for the month.

Indonesia’s central bank holds rates steady, focuses on foreign-exchange stability

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BANK Indonesia (BI) kept its key interest rate unchanged at 6 per cent at its meeting on Wednesday (Nov 20), with the aim to stabilise the rupiah amid the currency’s post-US election slump.

Bentley Singapore launches S$1.5 million hybrid EV version of its most powerful road car

BRITISH ultra-luxury carmaker Bentley launched a hybrid electric version of its most powerful road car – the Continental GT Speed – in Singapore on Wednesday (Nov 20).

CLI to acquire initial 40% interest in SC Capital Partners for S$280 million

CAPITALAND Investment (CLI) has agreed to buy an initial 40 per cent stake in Singapore-headquartered real estate investment manager, SC Capital Partners, for S$280 million.

Singapore stocks fall amid mixed regional showing; STI drops 0.4%

SINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited chipmaker Nvidia’s earnings report and grappled with concerns over escalating geopolitical tensions after Ukraine fired its first US missile to Russia.