The Straits Times - September 26, 2024
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In this issue
September 26, 2024
ADB raises forecast for Singapore's GDP growth in 2024 to 2.6%
Improving prospects of demand for electronic goods and financial services have lifted Singapore's economic outlook for 2024, the Asian Development Bank (ADB) said on Sept 25.
4 mins
Power fault causes major disruption on East-West Line
No service between Jurong East and Buona Vista stations today as repairs continue
4 mins
Iran has three options; all may lead to broader Middle East war
It cannot afford to see Hezbollah destroyed amid Israel's lethal pounding of Lebanon
4 mins
East-West Line disruption 'Inconvenient and messy': Thousands face longer journeys
Snaking queues for bus bridging services; some confused by shuttle train operations
4 mins
Submarine on land boosts training for RSN servicemen
Upgraded centre has advanced simulators modelled after new submarines
3 mins
Sinkhole appears in front of Kuala Lumpur airport's VIP complex
A sinkhole that is estimated to be 5m wide and a metre deep has appeared near the entrance to Kuala Lumpur International Airport's (KLIA) Bunga Raya Complex, said Malaysia's Works Ministry.
1 min
Iran says it is ready to end nuclear stand-off with the West
Iran is ready to end its nuclear stand-off with the West, President Masoud Pezeshkian told the UN General Assembly on Sept 24, while calling for an end to Russia's war in Ukraine via dialogue.
2 mins
Israel widens air strikes after Tel Aviv targeted
Hezbollah ballistic missile said to be aimed at Mossad HQ intercepted by air defences
3 mins
S'pore firms tap China's silver economy in Tianjin
Perennial launches four hotels as part of $1b development that includes eldercare facilities
2 mins
lndia's neighbourhood policy faces new test after Sri Lankan polls
Leftist president the latest challenge amid spate of leadership changes in the region
4 mins
Prabowo's Cabinet: Is bigger really better for Indonesia?
Some say it offers more flexibility to tackle national issues, others warn of inefficiencies
3 mins
Nusantara airport to be opened for commercial flights, says Jokowi
Nusantara looks set to become a commercial hub in East Kalimantan after President Joko Widodo announced that its airport will open for commercial flights by the end of 2024.
2 mins
Trump vows to take jobs, factories from allies and China
lf elected, he plans to offer incentives to foreign manufacturers to relocate to US
2 mins
Harris blunts Trump's edge on economy to widen lead in new poll
Democratic Vice President Kamala Harris leads Republican Donald Trump 47 per cent to 40 per cent in the race to win the Nov 5 US presidential election, as she appeared to blunt Trump's edge on the economy and jobs, a Reuters/Ipsos poll published on Sept 24 found.
2 mins
Mahathir, 99, still has the need for speed at Sepang circuit
Age is just a number for 99-year-old Tun Dr Mahathir Mohamad, as Malaysia's former prime minister was recently seen flooring the pedal at the Sepang International Circuit (SIC).
1 min
Around 17,000 youth here not in school, work or training
Unable to reach their full potential, they may also be at risk of being excluded from society
4 mins
More help for vulnerable youth, families affected by incarceration
3 new project groups part of efforts by Malay/ Muslim Organisations rehab network
3 mins
Jail, caning for man who pulled knife on stranger, bit officer
A man pulled a knife on a stranger at a shop on the first floor of a Housing Board block because he thought the stranger was staring at him.
2 mins
No S'pore families affected by China halting foreign adoptions
Agents say China adoptions not popular with couples here, given the long wait
3 mins
STI falls 1.1% as traders take stock of China's stimulus measures
● Gainers outpace losers 302 to 289 on trade of 1.4b securities ● Mapletree Pan Asia Commercial Trust tops STI ● Three local banks continue drop; regional indexes mixed
1 min
Hong Kong planning to cut tax on spirits in bid to revive nightlife
Hong Kong is planning to lower the amount of tax it levies on spirits, according to people familiar with the matter, as the Asian financial centre seeks to regain its edge as a premier destination for nightlife, dining and shopping.
2 mins
China, HK stocks rise again, buoyed by stimulus plan
Real estate, broker sectors lead rally in China; HK-listed mainland developers gain
3 mins
Miniso's bid to buy stake in supermarket leads to fall in founder's wealth
Until recently, China's budget retail billionaire Ye Guofu had been on a roll, building his fortune as his stores proved a hit in the nation's slowing economy.
2 mins
US sues Visa in antitrust case over debit card payments
The US Justice Department has sued Visa, alleging the global payments giant illegally monopolized the debit card market, in the Biden administration's first major antitrust case in the financial services industry.
3 mins
Citibank to close its last branch in Singapore on Oct 12
Move comes as it shifts focus to serving customers online and at wealth hubs
2 mins
Investors look to Meta event for next stock rally catalyst
Meta's annual Connect conference kicked off on Sept 25, with industry buzz around the reveal of a prototype augmented reality eyewear product, plus the usual star turn by chief executive Mark Zuckerberg. Attendees want to hear the CEO's latest updates on artificial intelligence applications and investment.
2 mins
Amos Group gets 7 cents per share offer from controlling shareholder
Offshore oil and gas equipment manufacturer Amos Group has received a voluntary unconditional general offer of seven cents per share in cash from its controlling shareholder, PeakBayou.
1 min
Global market for AI products may surge to $1.3 trillion by 2027
The global market for artificial intelligence (AI)-related products is ballooning and will hit as much as US$990 billion (S$1.27 trillion) in 2027, as the technology's quick adoption disrupts companies and economies, Bain & Co said.
1 min
$2.1b of green bonds go to Jurong Region, Cross Island lines
MRT lines part of push to raise peak-hour public transport usage, cut emissions
2 mins
Global supply chain at risk as US dockworker strike looms
Move would lead to shipment delays, supply shortfalls and affect freight costs
4 mins
Singapore places fourth in world financial centres ranking
Singapore placed fourth in a ranking system that evaluates the competitiveness of financial centres around the world, trouncing other cities including San Francisco, Shanghai and Geneva.
1 min
Israel's pager attacks have changed the world
Our supply chains are vulnerable, which means that we are vulnerable.
4 mins
Joe Biden is missing in action
The US President's prevarications over the Middle East and Ukraine threaten his legacy and Kamala Harris' election prospects.
3 mins
Respecting the wishes of people with dementia while keeping them safe
Even if their cognitive abilities diminish, people with dementia feel emotions and have a right to live with dignity.
5 mins
‘Alive, but just a shell’ - the grief that haunts dementia caregivers
It's called pre-death grief and it afflicts caregivers even before the physical loss of their loved one.
3 mins
Asia's middle powers' activism a plus for regional stability
Singapore is an example of strategic activism among middle powers, which is often determined not by their size, but their mindset.
4 mins
Japan's next leader will be different, and flawed
A pack of three leads the race to be the next prime minister, and each brings their own risks.
3 mins
Singapore could consider ETA for visitors from overseas to enhance security
The UK and other countries are introducing electronic travel authorisation (ETA) for overseas visitors (Singaporeans will need ETA permit to enter the UK from Jan 8, 2025, Sept 13). Singaporeans will pay about $17 each for the ETA to enter the UK.
1 min
Relief teaching stint long ago convinced me not to enter the profession
Correspondent Elisha Tushara's Opinion piece \"Address teachers' heavy workload, not just the inconveniences\" (Sept 24) hit the nail on the head.
1 min
Can we draw money only with pen and paper?
I recently came across a TV commercial from the Speak Good English Movement that said it is wrong to say \"draw money\" from a bank, and that we should instead say \"withdraw money\".
1 min
WHERE WILL OUR 16 TRAINERS GO?
Here is a run-down of life after Kranji for its hard-working men in binoculars
1 min
VET TESTS MATTER TILL THE VERY END
Solo spins around Kranji may not draw too many looks, but they remain tickets to ride
3 mins
Pride drives Scheffler in tussle on foreign soil
Before he sets out for a December exhibition that will get the golf world talking, Scottie Scheffler has a team event of a different kind to attend to at Royal Montreal Golf Club.
2 mins
BANK ON AMAZING ATMOSPHERE
Conners urges Int'l team to embrace Canadians' support at Presidents Cup
2 mins
Furyk relishes chance to be 'villain' at Royal Montreal
Every captain has his own personality. A lot of the guys know me very well, and I'm not a rah-rah type of guy. If I acted like that, the guys would look at me funny. I kind of lead more by example. I have played on a lot of Ryder Cup teams and Presidents Cup teams, and I believe the guys understand who I am.
2 mins
Boks’ kindness an enduring memory for Cane
All Blacks flanker Sam Cane has enjoyed many a ferocious battle with the Springboks over his 12-year international career, but he also recalled a memorable act of kindness from the South Africans in the lead-up to his 100th Test.
2 mins
HOME SUPPORT LIFTS SHANG TO TITLE FEAT
Teen becomes second Chinese to win ATP crown after downing Musetti in Chengdu
3 mins
Equal starting salaries for cricket from 2025
Women's minimum starting salaries in domestic cricket will be the same as men's from 2025, the England and Wales Cricket Board (ECB) announced on Sept 25.
2 mins
Cameroonian playing for S. Korea, asylum at homeless cup
Fleeing civil war in his home country Cameroon, Fossi Wandji found himself stuck at Incheon Airport for a year when his attempt at obtaining asylum from South Korea was rejected.
2 mins
LATE DOUBLE NO TROUBLE FOR REAL
Coach Ancelotti opts to focus on his side's dominant display over Alaves' near comeback in La Liga
2 mins
Tatum aims for multiple titles and greatness
The Boston Celtics are hungry for more titles as they prepare to launch the defence of their National Basketball Association (NBA) crown when the new season tips off on Oct 22, said Jayson Tatum.
2 mins
Maresca faces 'nice problem' after Nkunku's hat-trick
Christopher Nkunku scored a hat-trick to give his manager \"a nice problem\" as Chelsea thrashed fourth-tier Barrow 5-0 to reach the last 16 of the League Cup on Sept 24.
2 mins
Bentancur nearly cried when apologising to Son
Son Heung-min said on Sept 25 that there is no bad feeling with Tottenham Hotspur teammate Rodrigo Bentancur after the Uruguayan was charged by the Football Association (FA) with misconduct after using insulting words towards him during a TV interview.
2 mins
"'IRREPLACEABLE' RODRI WILL NOT BE MISSED: PEP
Injury to midfielder a 'big blow' but City boss insists, as a team, they will overcome the loss
2 mins
Saudi Arabia will respect LGBTQ fans at World Cup
Hammad Albalawi, head of Saudi Arabia's 2034 World Cup bid unit, said his country welcomes all visitors, including LGBTQ people, and its bid to host the 48-team showpiece event has nothing to do with \"sportswashing\" its human rights record.
2 mins
NG THRIVES WHEN IT'S FUN
Feeling relaxed, S'porean golfer bags titles and record at US collegiate event
2 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
Unlock your access to award-winning journalism on Singapore and the world. With bureaus in major cities around the world, The Straits Times correspondents bring world news to readers on a Singapore platter, helping them appreciate world events from a Singaporean perspective.
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