MORNING MINUTES: What will make headlines, Nov 4, 2015

Janet Yellen, chair of the US Federal Reserve, speaks during an open meeting.
Janet Yellen, chair of the US Federal Reserve, speaks during an open meeting.PHOTO: BLOOMBERG

Good morning! Morning Minutes is a round-up of stories that will break on Wednesday, Nov 4, which we think you'd be interested in.

It appears on weekdays, available by 7am.

Janet Yellen to speak on readiness to rasie interest rates

Federal Reserve Chair Janet Yellen and her top two lieutenants, all speaking publicly today, have a chance to drive home a united message about their readiness to raise interest rates in December if the labour market continues to show modest improvement.  

The trio of appearances comes in the wake of an unexpectedly upbeat message from the Federal Open Market Committee (FOMC), following a mixed bag of domestic economic data, in which they drew specific attention to the possibility of a rate hike in December when the panel will next meet. 

Thailand's central bank to leave policy interest rate unchanged


Thailand’s central bank is expected to leave its policy interest rate steady at 1.5 per cent. PHOTO: BLOOMBERG

Thailand’s central bank is expected to leave its policy interest rate steady at 1.5 per cent today for a fourth straight meeting despite a sputtering economy. The central bank is likely to wait for the effects of recent stimulus measures and a weak baht to filter through while the trade-dependent economy confronts global market uncertainties.

The meeting will be led for the first time by new Bank of Thailand Governor Veerathai Santiprabhob. He said last month that monetary policy in the short term would remain accommodative to support growth but keeping interest rates very low for a long time is not an option. 

Second batch of Sana beauticians graduate today

Female ex-drug addicts are being trained to become beauticians as part of a Singapore Anti-Narcotics Association (Sana) programme to help recovering drug abusers to be gainfully employed upon their return to society. 

The programme involves Sana teaming up with community partners in various fields to provide ex-addicts, both male and female, assistance, training and employment opportunities. Sana will present the second and newest batch of six graduates from the 2015 course today. - JASMINE OSADA

Canada's prime minister Justin Trudeau to be sworn in


Canada’s prime minister-elect Justin Trudeau will be sworn in Wednesday (Nov 4)

Canada’s prime minister-elect Justin Trudeau will be sworn in today along with his Cabinet after winning elections on Oct 19 and ending a decade of Conservative rule. He is expected to move quickly to implement campaign promises such as overhauling security legislation, sources in his party say. But he faces early challenges with pledges on Syrian refugees and climate change.

Mr Trudeau will make his international debut as Canadian leader when he meet other leaders of the Group of 20 major advanced and emerging nations in Turkey on Nov 15-16, before attending an Asia-Pacific Economic Cooperation summit on Nov 18-19 in Manila.