Singapore News Highlights : 1st Sept 15

• Singapore shares opened almost flat, with the Straits Times Index up 0.88 points to 2,922.32 despite overnight weakness in US equities.
• Chinese stocks fall at market open.
• Sembcorp Marine has clinched a approx US$1 billion engineering, procurement and construction contract to build three topsides for the Culzean Field development in the North Sea.
• Singtel has completed purchase of a 98 per cent stake in cyber security firm Trustwave for a lowered price of US$770 million. 
• Chinese Global Investors Group will resume trading today.
• Singapore listed companies lost approx S$83b in value in August.
• Asian market turmoil is forcing Croesus Retail Trust to rethink deal terms.
• Asian shares nervous ahead of China data.
• Oil prices leap 8% on lower US output and Opec signal
• Dubai gold retailer defaults on US$136m.
• Asia-Pacific crude is weighed by Slow demand.
• Dollar lowers as investors seek Fed rate hike clues.
• Singapore eases to 0.6% in July in Growth in bank lending.