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

A new book on the late Mr Lee Kuan Yew, comprising 37 essays written by former colleagues and friends, was launched on March 15, 2016.
A new book on the late Mr Lee Kuan Yew, comprising 37 essays written by former colleagues and friends, was launched on March 15, 2016.PHOTO: THE NEW PAPER

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

It appears on weekdays, available by 7am.

Launch of book on Lee Kuan Yew's role in developing Singapore

A book that records the role founding Prime Minister Lee Kuan Yew played in the development of Singapore will be launched on Wednesday (March 16) by Foreign Affairs Minister Vivian Balakrishnan. The coffee table book, “The Singapore Story”, compiles oil paintings of Mr Lee that were displayed at an exhibition in Suntec City last year. - Yuen Sin 

Last day of Chinese People’s Political Consultative Conference


Former Chinese NBA star Yao Ming (centre) attends the opening session of the Chinese People's Political Consultative Conference on March 3, 2016. PHOTO: AFP

China’s annual meetings of its Chinese People’s Political Consultative Conference, the nation’s top political advisory body, and National People’s Congress, its communist-controlled Parliament, will come to a close today(March 16). It will be followed by a once-a-year press conference by Premier Li Keqiang at Beijing’s Great Hall of the People. Reporters attending the annual event are typically required to submit their questions in advance. 

Fed not expected to raise rates 



The New York Stock Exchange (NYSE) in New York, on Friday, March 11, 2016. PHOTO: BLOOMBERG

The US Federal Open Market Committee meeting will conclude late tonight after two days of deliberations . Although the Fed is not expected to raise interest rates this time around, the minutes of the meeting will be closely scrutinised for clues on future hikes. Fed chairman Janet Yellen had pulled off the bank’s first rate hike in almost a decade last December, and signalled more such moves this year.