Daily Briefing: Singapore stocks at cheapest in decade; Can Singaporeans cope with the pre-school fee hike?

And here's the deal on declining Asian shares.

It’s too soon to bet on a rebound for Singapore stocks, according to Samsung Asset Management Ltd., which sees little value in the shares even at the widest discount to global equities in more than a decade. Read more here.

Last week, the PAP Community Foundation (PCF), the largest pre-school operator in Singapore, announced that it will raise fees across its kindergarten and child care centres from 2016. According to a report by Channel News Asia, there was a lack of clarity on the exact quantum of increase as programmes and fees vary across the different education centres. Find out more here.

Singapore entered a bear market as Asian stock markets slumped Monday on fears about faltering China growth and the prospect of higher US interest rates. The benchmark Straits Times Index ended down 1.4 percent -- at its lowest in over three years and down 21 percent from an April peak -- after data showed profits at China's industrial companies fell 8.8 percent year-on-year in August. Read more here.

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