Daily Debrief: What Happened Today

Equitable distribution of wealth key for sustainable growth: Swee Keat

A key factor in sustainable economic development is the equitable distribution of wealth, said Singapore Finance Minister Heng Swee Keat on Thursday.

Singapore resident unemployment stays low but inching up: MOM

The overall seasonally adjusted unemployment rate in Singapore remained unchanged over the quarter at 2 per cent in September 2015, according to the Ministry of Manpower on Thursday.

Committee needs to look at strengthening Singapore's comparative advantages: Iswaran

Singapore will need to deepen its comparative advantages in three areas so as to compete globally, and these are key issues for the Committee on the Future Economy to look into.

Iras recovers S$217m in taxes and penalties after reviews, issues filing guide

The Inland Revenue Authority of Singapore (Iras) said on Thursday it had recovered S$217 million in taxes and penalties from its compliance reviews on companies last year, prompting it to highlight three common mistakes firms should avoid when filing their income.

Changi Airport achieves record quarterly traffic in Q3 after 3.9% rise in Sept

Changi Airport said on Thursday that it handled 4.42 million passengers in September 2015, an increase of 3.9 per cent year-on-year.

Deutsche Bank to cut workforce by 15,000

Deutsche Bank said it was reducing its workforce by 15,000 as new Chief Executive John Cryan seeks to improve returns at Germany's biggest bank.

Corporate Earnings

The STI Today

Singapore shares close weaker on news that US rates may be raised in Dec

News from the US that the Federal Reserve has left the door open for an interest rate hike in December probably led to Thursday's 39-point or 1.3-per-cent loss for the Straits Times Index (STI) at 3,001.51.