THE "spinning" that followed the release of the Public Accounts Committee (PAC) report on troubled 1Malaysia Development Berhad (1MDB) – despite grave revelations of widespread governance lapses – came in fast and furious on Thursday.

THE yen continued maiming the Japanese economy as it climbed against the dollar and other major currencies on Thursday, and even as a senior government official pledged that Tokyo would take the necessary steps to stem its ascent, markets are assuming a further strengthening of the currency.

THE Causeway that links Singapore and Malaysia has "sufficient capacity" and replacing it will not solve the congestion problems, Foreign Minister Vivian Balakrishnan told Parliament on Thursday.

DENMARK-BASED Maersk Oil, in seeking competitive solutions towards ensuring the Culzean field development off the UK remains economically viable even under low oil and gas prices, is undertaking a major part of the project work in Singapore.

SINGAPORE must maintain its steady expenditure on defence even as its population continues to age and social spending goes up, Defence Minister Ng Eng Hen told Parliament on Thursday.

THE number of corruption cases in Singapore hit a new low last year – thanks to a strong political leadership, a robust anti-corruption framework and a culture that frowns on corruption, says Prime Minister Lee Hsien Loong.