Dow falls the most in 2 months on fears of rising rates as 10-year yield hits highest since 2011. Stocks fell sharply on Thursday as interest rates hit new multiyear highs, dampening investor sentiment. Job openings in the U.S exceeded the number of unemployed people by the most on record in July. The tally of part-timers who’d prefer a full-time position has fallen to a post-recession low of 4.4 million.

Chip Eng Seng halts trading after late Thursday rally draws query. The company's stock spent most of Thursday lying in negative territory on thin volumes. But volume spiked after 4pm, and the share price climbed sharply before ending the day at 94.5 Singapore cents, with most of the gain of 5.6 per cent, or 5 Singapore cents, coming in the last hour of the trading session. A total of 8.9 million shares changed hands on Thursday.

Singapore Airlines and Air New Zealand's joint venture alliance has received renewed approval from the New Zealand Ministry of Transport, the final step in enabling the two flag carriers to extend their alliance for a further five years until March 2024.

Big-ticket property deals fall 42% in Q3 after cooling measures. Property transactions of S$10 million and above across all sectors tumbled 42 per cent to S$6.5 billion in the third quarter from S$11.2 billion in Q2 - after the July property curbs put the brakes on residential collective sales.

A Joint Venture between CapitaLand and The Work Project, has acquired Collective Works' co-working business for an undisclosed amount.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research