What's Next: June 2, 2016

Metro, port workers to strike in France

Workers at the Paris metro and French ports are set to walk off the job from today, joining a rolling strike against a labour reform Bill. The spreading labour unrest has President Francois Hollande scrambling to calm the situation eight days before the beginning of the Euro 2016 football tournament, which France is hosting this year.

Great Singapore Sale starting

The annual Great Singapore Sale (GSS) will start tomorrow, with a new sale period, a new logo and a new official card. The GSS is usually held from the end of May to July, but this year it will run from tomorrow to Aug 14.

Organised by the Singapore Retailers Association, the 10-week sale will have promotions and rewards for shoppers, as well as exclusive offers and privileges for holders of UnionPay cards, the new official card this year.

ECB policy meeting today

Policymakers will get a fresh glimpse of the global balance of risks today, when Mr Mario Draghi's European Central Bank (ECB) releases its latest monetary policy decision.

The ECB eased policy in March, announcing an expansion of its monthly asset-purchase programme by a third to €80 billion (S$123 billion) and a cut to the deposit rate further below zero. It is expected to hold rates steady at today's meeting.

A version of this article appeared in the print edition of The Straits Times on June 02, 2016, with the headline 'What's Next'. Print Edition | Subscribe