Singapore's credit profile reflects the city state's very high per-capita income, a diverse and competitive economy, strong fiscal metrics, and robust institutions, Moody's Investors Service said on Thursday.
A quick look at all the market moving events and big financial news of the day. From Noble Group share plunge to Creative Technology lawsuit victory, get your daily dose of all the latest in the world of business right here.
Indian shares advanced on Wednesday led by gains in consumer goods stocks such as ITC while easing global tensions over a potential clash between the U.S. and North Korea also supported sentiment.
Financials pulled the index lower, with DBS Group Holdings falling 1.8 percent, United Overseas Bank shedding 1 percent and Oversea-Chinese Banking Corp declining 0.8 percent.
Three telcos and four banks have signed agreement with Singapore's communications and media regulator to support small and medium-sized enterprises' Go Digital programme.