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NEWS HEADLINES 

- US stocks closed lower on Thu as investors digested the possibility that the Fed may taper bond buys sooner than expected.

- The jobless rate in Singapore fell to 1.8% in Sep - the lowest level since last Dec - as layoffs subsided in 3Q13, preliminary official figures released yesterday showed.

- Natural Cool Holdings CEO Ang Choon Cheng has been hit with a civil penalty and has resigned from his position over false trading and manipulation of shares in the company.

- Jaya Holdings posted a 24% fall in 1QFY14 net profit to US$7.6m from a year ago.

- Sin Heng Heavy Machinery reported a net profit of S$3.8m for 1QFY14, up 15.8% from S$3.3m for the same period a year ago.

- Soilbuild Construction Group's 3Q13 net profit rose 13% YoY to S$6.32m, on the back of healthy progress in its construction projects.
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