Daily Debrief: What happened today

Stories you might have missed

'Hawkish' MAS takes action on rising prices, signals confidence in economic rebound

SINGAPORE'S central bank kick-started regional policy normalisation on Thursday (Oct 14), as it moved to "raise slightly the slope" of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, up from a flat or "zero" slope before.

Lights dim for 3 more power retailers amid record wholesale prices

AT least 3 more electricity retailers in Singapore may turn off the lights and exit operations as staggering spikes in spot electricity prices and an inability to hedge adequately sent their businesses reeling.

Q3 GDP growth skids to 6.5% in absence of circuit breaker effect in Q2

SINGAPORE'S economy grew 6.5 per cent year on year in the third quarter of 2021, easing from a jump seen in the previous quarter as a result of last year's low base, according to advance estimates from the Ministry of Trade and Industry (MTI) on Thursday morning (Oct 14).

NTU issues maiden sustainability-linked bond; prices S$650m 15-year bond at 2.185%

NANYANG Technological University (NTU) on Wednesday (Oct 13) priced S$650 million worth of 15-year notes with a coupon of 2.185 per cent per annum. The notes are the world's 1st publicly-offered sustainability-linked bond by a university, and one with the longest tenor in the Asia-Pacific region.

Japan dissolves Parliament, gears up for general election

JAPAN dissolved its Parliament on Thursday, setting the stage for an election at the end of the month that will pit new Prime Minister Fumio Kishida against unpopular opposition in a battle over who can better fix the pandemic-battered economy.

The STI today

Singapore shares rise in line with most regional markets on Thurday; STI up 0.3% SINGAPORE shares shrugged off a surprise tightening of monetary policy on Thursday (Oct 14) to end the day higher, in line with most markets in the region.