1 European Central Bank chief Mario Draghi said the bank will "do what we must" to lift inflation as quickly as possible - a new sign that the bank could boost its anti-deflation defences.

AGENCE-FRANCE PRESSE

2 Malaysia's central bank said that reserves as of Nov 13 were US$93.9 billion (S$132.5 billion) , slightly lower than the US$94 billion it reported on Oct 30.

REUTERS

3 Singapore Exchange executive vice-president Bob Caisley, who heads technology operations and solutions delivery, is leaving, say sources. His post will be taken by Ms Tinku Gupta, head of market data and access.

REUTERS

4 KOP Properties has entered into an agreement with Shanghai Lujiazui and Shanghai Harbour City Development to develop Winterland Shanghai. The total investment is about 3 billion yuan (S$665.4 million).

5 Beauty group Mary Chia said it is finalising the process for a candidate to replace financial controller Cheong Kuei Jung, who has resigned. Chief executive officer Wendy Ho will help oversee the finance functions in the meantime.