Daily Debrief: What Happened Today (Oct 8)

Stories you might have missed

Singapore and Australia’s upgrade of ties can help strengthen wider multilateralism: PM Wong

[SINGAPORE] Singapore and Australia’s upgrade of bilateral ties will not only benefit both countries, but also can help strengthen multilateralism more widely, said Singapore’s Prime Minister Lawrence Wong on Wednesday (Oct 8).

Mainstream car COE premium blitzes to new S$128,105 record as EVs continue to jolt demand

[SINGAPORE] Singapore and Australia’s upgrade of bilateral ties will not only benefit both countries, but also can help strengthen multilateralism more widely, said Singapore’s Prime Minister Lawrence Wong on Wednesday (Oct 8).

At least 22 luxury condos linked to S$3 billion money laundering case resold for S$116 million since August 2024 

[SINGAPORE] Since Singapore’s largest money laundering case concluded more than a year ago, several luxury condominium units previously owned by persons linked to it have been resold.

Vietnam to be promoted to emerging stock market by FTSE in September 2026

[HO CHI MINH CITY] Vietnam is set to be reclassified to the secondary emerging market status by global index provider FTSE Russell on Sep 21, 2026, after eight years on the watch list for a potential upgrade from its frontier market status.

Singapore dollar surges against the Japanese yen to its strongest level in more than a year

[SINGAPORE] The Singapore dollar strengthened to its strongest level against the yen in more than a year on Wednesday (Oct 8) morning.

Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase

[SINGAPORE] Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent interest in a freehold retail mall in Sydney for A$393.8 million (S$334.8 million) on Tuesday (Oct 7).

Gold is booming. From mega vaults to discreet transport, who are the key players in Singapore?

[SINGAPORE] Gold surged into uncharted territory on Wednesday (Oct 8), opening above US$4,000 an ounce for the first time, in a year that has seen it consistently set new records.