Daily Briefing: Grab joins Singapore self-driving trial; How does leveraged trading work in Singapore?

And Wartsila Singapore to sell five industrial properties.

Grab, Southeast Asia’s largest ride-hailing service, is about to get a piece of the world’s first public self-driving taxis. Grab will team with driver-less software developer nuTonomy Inc. to expand the reach of its small fleet of autonomous driving cars in Singapore, and work toward nuTonomy’s goal of a full commercial launch by 2018. Grab becomes the second car-hailing service to offer self-driven vehicles on a trial basis to its users, after Uber Technologies Inc. Read more here.

If you are like us, finance geeks, then you probably would have heard before of the term, “Leveraged Trading”. Or maybe you read up about some terms that sound similar to it, such as “Contract For Differences (CFDs)”, “Forex trading” or “Indices trading”, and are curious to know what these terms mean, and how they are related to leverage trading. Find out more here.

Wartsila Singapore has placed five industrial properties located in the western part of Singapore up for sale by expressions of interest. Wartsila is a Finnish corporation that manufactures and services power sources and other equipment in the marine and energy markets. According to C&W, the appointed marketing agent for the five properties, two of them — 11 Pandan Crescent and 14 Benoi Crescent — will be sold with leaseback arrangements. Read more here.