Daily Briefing: Property investment sales plummet 52.9%; Daiwa's top Singapore stock picks

And here are tips to reduce your utility bills.

The quiet quarter is attributed to weak global economic conditions and unexpected negative developments pertaining to the Chinese currency which then translated to increased volatility in the global financial markets, said Savills. Read more here.

By several measures, the Singapore equity market, following the 3Q15 rout, appears to have discounted our subdued prognosis for the domestic economy. Our economist Christie Chien is lowering her 2016E GDP growth to 1.6% YoY (from 2.4%) and now expects the SGD to depreciate by 10% from current levels by end-2016. Find out more here.

Our utility bills seem to go only in one direction. In fact, from July 1 to September 30 this year, there had been an increase of 7.5 percent in households’ electricity tariffs. SP Services cited rising costs of natural gas as the reason for the increase. Read more here.