Start of International Energy Week
The Singapore International Energy Week, starting today, is an annual week-long platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space. It aims to facilitate the exchange of ideas on pertinent energy-related issues, while meeting the strategic objectives of Singapore's commitment to becoming a global leading energy hub and "living lab".
Xi to consolidate power at key meeting
China's Communist Party members will gather for the Sixth Plenum in Beijing today to discuss changes in how the party will be managed. The four-day meeting will be attended by nearly 400 members, and will mull over the issue of "party discipline". President Xi Jinping, who will chair the meeting, has been waging a far-reaching battle against official graft, even as he aims to consolidate his power amid a pushback by those affected by the drive.
Local banks, Sembcorp to post results
The latest company results reporting season got off to a less than stellar start last week. This week, local banks and key players in the ailing marine offshore sector will be among the companies turning in their financial scorecards. Sembcorp Marine's results are due out tomorrow while its parent Sembcorp Industries reports on Thursday. OCBC has its turn also on Thursday, while United Overseas Bank is scheduled to follow on Friday.