Oct 16 evening round-up:

1. Big Tech is here, and it's snapping up real estate in Singapore
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2. Retail rents may bottom out by early 2021; Orchard malls still leading decline
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3. Singapore firms may cut wages temporarily to protect jobs: NWC
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4. Asean IPO volume, proceeds rebound in Q3 from previous quarter: EY
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5. US-based hedge fund D E Shaw to open Singapore office
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6. Singapore-Hong Kong airfares jump 40% on travel bubble plan
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For the latest numbers on the global coronavirus situation, go to bt.sg/ncov

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