Morning Minutes: What will make headlines, Feb 16, 2016

British Prime Minister David Cameron will address European Parliament leaders over Britain's departure from the European Union today (Feb 16).
British Prime Minister David Cameron will address European Parliament leaders over Britain's departure from the European Union today (Feb 16).PHOTO: EPA

Good morning! Morning Minutes is a round-up of stories that will break on Tuesday, Feb 16, and which we think you'd be interested in.

It appears on weekdays, available by 7am. 

CAMERON TO ADDRESS BREXIT ISSUE

British Prime Minister David Cameron will today (Feb 16) address European Parliament leaders over “Brexit”, or Britain’s departure from the European Union, ahead of a critical summit of EU leaders in Brussels later this week. Mr Cameron is hoping to use the leverage that his country has as the bloc's second-biggest economy to gain support for some of the legislation changing Britain’s EU membership terms. Bones of contention remain the extent to which financial regulations in the euro region would affect the City of London.

DETAILS ON NEW LAW SCHOOL OUT TODAY (FEB 16)

Details of Singapore's third law school that is being set up to train prospective family and criminal lawyers, will be announced today. 

The proposed intake for the third law school will be about 50 to 70 students a year, from Singaporeans wanting to study law and who would otherwise pursue this option overseas.

It will focus on mature students with experience in fields such as social work and law enforcement, and who display a keen interest in these areas of law. The school is also likely to announce when it will start its first intake. 

UOB UNVEILING Q4, FULL-YEAR RESULTS


UOB will unveil their fourth-quarter and full-year results today (Feb 16). PHOTO: REUTERS

The unveiling today (Feb 16) of United Overseas Bank's (UOB) fourth-quarter and full-year results will be keenly anticipated by investors.

The share prices of the three local lenders - UOB, DBS Group Holdings, and OCBC Bank -  have fallen sharply so far this year, on fears that a steep downturn in the oil and gas sector could lead to higher provisions on loans to companies in the industry.