Daily Debrief: What Happened Today

Stories you might have missed

Share prices of Singapore banks dip following expectations of Fed rate hikes ending

AFTER the US Federal Reserve instituted a smaller hike of another 25 basis point in its policy rate as expected on Wednesday, the local banking trio were all trading in the red amid market expectations that the US central bank is close to the end of its hiking cycle.

New career conversion programme to re-skill 280 PMETs for Singapore’s furniture industry

A NEW scheme aims to re-skill up to 280 mid-career professionals, managers, executives and technicians (PMETs) for jobs in Singapore’s furniture industry by September 2024, with salary support provided to employers.

Latest 6-month T-bill offers 3.88% yield; March Singapore Savings Bond opens with 10-year average return of 2.9%

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SINGAPORE’S latest six-month Treasury bill (T-bill) closed its auction with a cut-off yield of 3.88 per cent on Thursday (Feb 2).

Singapore launches region’s largest energy storage system operated by Sembcorp

SINGAPORE’S clean energy efforts to maximise its solar power potential has made a big leap with the official opening of its massive energy storage system (ESS) of “giant batteries” – the largest of such a facility in South-east Asia – in Jurong Island, that is owned and operated by Sembcorp Industries.

DBS now accepts online applications for T-bills using CPF Ordinary Account funds

INVESTORS can now make online applications at DBS for Singapore Treasury Bills (T-bills) using funds in their Central Provident Fund Ordinary Accounts (CPF OA).

The STI today

Banks lead decline in Singapore shares on Thursday amid slowing rate hikes

SINGAPORE shares fell on Thursday (Feb 2), led by declines in the trio of local banks.