MORNING MINUTES: What will make headlines, Oct 9, 2015

Children enjoying themselves while climbing through the kaleidoscopic live-art installation aMaze Me! at the Esplanade’s Courtyard Green as part of Esplanade's Octoburst! festivities, on Oct 3, 2014. PHOTO: ST FILE

Good morning! Morning Minutes is a round-up of stories that will break on Friday, Oct 9, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

Three-day festival celebrating Children's Day at the Esplanade

Esplanade - Theatres on the Bay celebrates Children's Day with Octoburst! - A Children's Festival, an annual festival of arts and culture for those aged from two to 12 years. It starts on Friday (Oct 9), with over 1,500 children taking part in a free drawing competition and colouring activities. Other free activities include growing a "pocket garden" and constructing a pipe maze. The festival ends on Sunday (Oct 11). - TIFFANY FUMIKO TAY

Fed committee meeting's minutes sheds light on rate hike decision

Federal Reserve chairman Janet Yellen holds a news conference following the Federal Open Market Committee meeting in Washington on Sept 17, 2015. PHOTO: REUTERS

The US Federal Reserve released the minutes of its last Federal Open Market Committee meeting held last month earlier today, which should shed further light on why it decided to not not launch its much-awaited rate hike in September.

Separately, Federal Reserve Bank of Atlanta president Dennis Lockhart will give a speech today. He is likely to speak on the timing of a potential interest rate hike as well as his view of the US economic recovery.

All eyes on Nobel committee as they announce Peace Prize winner

The Nobel Peace Prize will be handed out today in Oslo, Norway, the only one of the Nobel prizes to not be awarded in Stockholm, Sweden. PHOTO: AFP

This year's highly anticipated Nobel Peace Prize winner will be announced on Friday (Oct 9). The Norwegian Nobel Committee, which chooses the laureate, does not name those nominated but has said that there were 273 candidates, made up of 68 organisations and 205 individuals.

Frontrunners for the prize include German Chancellor Angela Merkel for her response to Europe's refugee crisis; Mussie Zerai, the Eritrean priest who helps refugees, and Pope Francis, who has made the fight against poverty a focus.

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