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Daily Debrief: What Happened Today

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Year on year, there was a 23 per cent increase to S$900.7 million in weighted single premiums, a 15 per cent increase to S$1.85 billion in weighted annual premiums and a 27 per cent increase to S$147 million in weighted premiums for retirement products.
THE life insurance industry achieved double digit growth for the first nine months of this year with strong uptake across all product types.

Charles Schwab opens Singapore office
BROKERAGE powerhouse and New York-listed Charles Schwab announced on Wednesday the launch of its Singapore office aimed at providing Singapore and Asian investors greater access to the US market, which has been hindered by high transaction fees and unfamiliarity.



Commodity trader Trafigura to start apprenticeship scheme for A-level, diploma holders
A-LEVEL and diploma holders will soon have another pathway to the world of commodity trading, thanks to a scheme unveiled on Wednesday.

Market voices on:

Singapore was world's fourth most-visited city, will overtake London by 2025: Euromonitor
SINGAPORE was the fourth most-visited city in the world last year and is tipped to become No 3 by 2025, according to Euromonitor's latest ranking of the the top 100 tourist destinations.

Alliance Mineral completes placement to Burwill Commodity
AUSTRALIAN miner Alliance Mineral Assets Limited said it has completed its placement with Burwill Commodity Limited after issuing a fourth and final tranche of 17.9 million shares to the Hong Kong-listed firm.


Corporate Earnings

The STI Today

Singapore stocks close higher with STI up 8.15 points
INVESTORS went for the profits on Wednesday following Singapore equities' sprint the day before.