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The Singapore branches of Standard Chartered and Coutts have been fined $5.2 million and $2.4 million respectively for breaches related to 1Malaysia Development Berhad (1MDB).
The Monetary Authority of Singapore also plans to bar former Goldman Sachs star banker Tim Leissner from the country's securities industry for 10 years.
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Minister for Home Affairs K. Shanmugam yesterday warned that the threat of a terror attack in the region this festive season is higher than last year, due to the spread of extremist beliefs propagated by the Islamic State in Iraq and Syria (ISIS) in South-east Asia.
Analysts say it is inevitable South Korea will have a new leader ahead of the original schedule for polls next December, with President Park Geun Hye facing impeachment if she does not resign. The ruling Saenuri party is hoping she will step down in April to be followed by a presidential poll in June, but the opposition is pushing for an impeachment vote next Friday.
Malaysian Deputy Prime Minister Ahmad Zahid Hamidi has accused the ruling Barisan Nasional's component parties of not pulling their weight in the coalition, charging that this is boosting the chances of an opposition win in the next general election.
Is Mr Donald Trump a narcissist? Psychiatrist Chong Siow Ann ponders the common dinner party question and the issue of mental health in politics, pointing to a study that concluded that a few of America's greatest presidents - such as Thomas Jefferson and Abraham Lincoln - likely suffered from mental illness.
A mobile crane toppled at a construction site in Siglap, damaging the roofs and a wall of two neighbouring houses. A witness said the crane appeared to be lifting a big load of concrete when it toppled over in the incident at Siglap Plain, off Changi Road.
Schools will be recruited to join the National Environment Agency's fight against food waste. Ten will get food waste recycling machines, and staff and students will be trained on how to separate compostable food waste from trash.
Singapore's manufacturing sector continued to show signs of a tentative recovery last month, with factory output rising slightly for the third month in a row.
Singapore's Purchasing Managers' Index came in at 50.2 last month, up slightly from 50 in October.
The Cleveland Cavaliers lost a second successive game for the first time this season, beaten 113-94 at home by the Los Angeles Clippers. The Cavs, reigning NBA champions, also went down to the Milwaukee Bucks on Tuesday. "I thought every single guy had a contribution," said Clippers coach Doc Rivers.
For nearly four years, BBC producer Fredi Devas travelled to 12 cities, including Singapore, to produce one hour of television. The footage his team shot was stitched together to make Cities - the sixth and final episode of BBC's Planet Earth II. Singapore's Gardens by the Bay is featured in the episode.
The sun has set for local punk/indie rock band Plainsunset. They will play their last gig tonight at the Esplanade Annexe Studio, a final show before the band members go their separate ways. Having roots that trace back to the early 1990s, the quartet have been one of the more prominent bands in the independent music circuit.