Daily Debrief: What Happened Today
Stories you might have missed
Automotive activities viable again as Hyundai opens first EV facility in Singapore: PM Lee
AUTOMOTIVE activities are becoming viable in Singapore again, as the process of making electric vehicles (EVs) complements Singapore's strengths in advanced manufacturing and logistics, Prime Minister Lee Hsien Loong said on Tuesday.
Hyflux disputes several statements by suitor Utico
HYFLUX has disputed several statements made by its Emirati suitor Utico including that various groups of creditors are working with Hyflux and Utico in tandem, and that Utico is the only potential investor with a firm binding offer.
iFast says its to-be-released financial results may explain jump in share price
IFAST Corp said its to-be-released unaudited financial results for the third quarter ended Sept 30 may explain unusual price movements in the company's share on Monday.
Auditor issues disclaimer of opinion on Tee International's finances
FOO Kon Tan LLP said in its report that it was not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on the financial statements.
Cecil Street Grade A office units launched for sale with S$100m indicative price
THE Grade A units can be purchased individually or in bulk, said joint marketing agents PropNex Singapore and Savills Singapore.
Singapore condo resale volume up 0.4% in September: SRX
RESALE volumes of non-landed private homes in Singapore rose 0.4 per cent month on month to about 1,286 units resold in September 2020, inching up to a fresh two-year high.
The STI today
STI up 0.6%, building on optimism of Q3 results season
THE benchmark Straits Times Index on Tuesday climbed 0.6 per cent or 15.23 points to close at 2,567.65, extending Monday's gains.
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International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month