Nobel Peace Prize announcement

This year's highly anticipated Nobel Peace Prize winner will be announced today. 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.

Front runners for the prize include German Chancellor Angela Merkel, Eritrean priest Mussie Zerai and Pope Francis.

Children's Festival 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 today, with over 1,500 children taking part in a free drawing competition and colouring activity. Other free activities include growing a "pocket garden" and constructing a pipe maze. The festival ends on Sunday.

US Fed to shed light on rate hike delay

The US Federal Reserve will release the minutes of its last Federal Open Market Committee meeting held last month. The release today should shed more light on why it decided not to carry out 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.