The Straits Times - October 22, 2024
The Straits Times - October 22, 2024
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In this issue
October 22, 2024
Perks for more S'pore firms to cut peak-period electricity usage
More businesses will reap savings and earn rewards by lowering their energy usage during peak periods under an expanded programme by the Energy Market Authority (EMA).
3 mins
Growing concern over rise in scams, criminal activity on Telegram app
Sun Xueling urges platform to tighten user verification measures, usage of chat groups
4 mins
Growing concern over rise in scams, criminal activity on Telegram app
Sun Xueling urges platform to tighten user verification measures, usage of chat groups
3 mins
Oil giant CEO says fossil fuel shift unrealistic for developing nations
Conventional fossil-based energy cannot be replaced by cleaner sources: Aramco boss
4 mins
S'pore launches grant call to study carbon capture and storage methods
Singapore is taking steps to study how planet-warming carbon dioxide (CO2) from natural gas power plants can be captured and locked away, as the Republic is likely to continue relying on fossil fuel over the next few decades.
3 mins
Key points as defence cross-examines ex-WP cadre Nathan
Former Workers' Party (WP) cadre Yudhishthra Nathan was cross-examined on Oct 21, the sixth day of WP chief and Leader of the Opposition Pritam Singh's trial.
7 mins
Tense exchange between defence, prosecution over redacted messages
Deputy A-G says they're not relevant; lawyer says line of inquiry reasonable
4 mins
Mastermind behind $32m luxury goods scam convicted
Prosecution seeking jail term of between 14 and 15 years for cheating, money laundering
3 mins
Precautionary measures taken after 30 tonnes of 'slop' leak into sea
More than 30 tonnes of \"slop\" - a mixture of oil and water - leaked into the sea between Bukom Island and Bukom Kecil early on Oct 20, after an oil leak from a land-based pipeline belonging to petrochemical firm Shell.
2 mins
Caution the key word as Britain takes steps to improve relations with China
London, while keen to boost trade with Chinese, is mindful of its MPs' scrutiny
4 mins
Prabowo swears in Cabinet of over 100 ministers, deputies
New Indonesian president's line-up shows continuity of predecessor's main policies
2 mins
Prestigious schools to be set up in rural Indonesia to groom leaders
JAKARTA – Business executive Kariyanto Hardjosoemarto helps his company to sell Mercedes-Benz vehicles that can cost 12 billion rupiah (S$1.02 million) each in Jakarta, a far cry from his childhood on a farm in rural Magetan regency, some 600km to the east.
3 mins
Philippine court jails 17 militants for life over resort kidnappings
MANILA - Seventeen members of an ISIS-linked militant group have been sentenced to life in prison for kidnapping foreign and Filipino nationals in Malaysia nearly 25 years ago, the Philippine Justice Department said on Oct 21.
1 min
Russian navy ships arrive in Myanmar for joint maritime exercises
A group of Russian navy ships arrived in war-torn Myanmar to join maritime exercises with the ruling junta's navy, Myanmar state media said on Oct 21.
1 min
New PM Ishiba facing lukewarm approval ahead of election
TOKYO – Approval ratings for Japan's new Prime Minister Shigeru Ishiba have fallen ahead of an Oct 27 general election, one weekend poll showed, with another survey suggesting the ruling coalition could struggle to secure a majority.
1 min
Washington investigates intel leak on Israel's plan to attack Iran
WASHINGTON - The US is investigating the leak of a pair of highly classified intelligence documents describing Israel's preparations for a retaliatory strike on Iran, said House Speaker Mike Johnson on Oct 20.
1 min
Lebanese flee as Israel warns of strikes on Hezbollah finance arm
Multiple explosions across Beirut, with Israel intensifying attacks to stop rivals regrouping
3 mins
US Thaad anti-missile system rushed to Israel and now 'in place'
KYIV – The US military has rushed its advanced anti-missile system to Israel, and it is now \"in place\", Defence Secretary Lloyd Austin said.
1 min
Taiwan 'very open' to nuclear tech amid surge in AI demand
TAIPEI - Taiwan is \"very open\" to using new nuclear technology to meet surging demand from chipmakers devouring electricity in the artificial intelligence (AI) boom, according to Premier Cho Jung-tai - one of the strongest signs yet that the government is rethinking its opposition to reactors.
2 mins
Militants kill 7, including migrant workers, in Kashmir
NEW DELHI/SRINAGAR - Gunmen in Indian-administered Kashmir raked a construction site work camp with bullets, killing seven and wounding several others, days after a new government was formed in the territory.
2 mins
HK's traders say cut in spirits tax not deep enough
Govt's tax cuts seen as unlikely to boost city's competitiveness
4 mins
UN chief urges 'significant investment' in fund to save nature
Those profiting from nature must help in its protection, restoration, he says at summit
3 mins
South Korea to conduct biennial mental health check-up for young people
SEOUL The South Korean government said that it has decided to administer a regular mental health check-up for those aged between 20 and 34, starting in 2025, as part of the state-run national health examination programme.
1 min
Harris visits Georgia churches as Trump serves McDonald's
US V-P turns 60 on campaign trail as both candidates spend final stretch in key states
2 mins
Moldova backs joining EU by razor-thin margin
A referendum on Moldova joining the European Union passed with a razor-thin majority on Oct 21 as pro-Brussels President Maia Sandu blamed the close outcome on foreign meddling, in a veiled reference to Russia which denied the accusations.
2 mins
11 dead, many missing after boat sinks off Myanmar
YANGON - Rescuers have recovered 11 bodies after an overloaded boat carrying around 30 people sank in the Andaman Sea off Myanmar's southern coast, a local resident told AFP on Oct 21, with the rest of the passengers still missing.
1 min
Musk's $1.3m daily giveaway promise sparks call for probe
HARRISBURG, Pennsylvania – Pennsylvania's Democratic Governor Josh Shapiro on Oct 20 called on law enforcement to investigate billionaire Elon Musk for his promise at a weekend pro-Donald Trump rally to give away US$1 million (S$1.3 million) each day until election day.
2 mins
Boy rescued from HDB ledge; woman assisting with police investigations
A 25-year-old woman is assisting with police investigations after a toddler was seen standing on the third-storey ledge of an HDB block in Canberra Road before being rescued by a member of the public.
1 min
Family Justice Courts set to move to Havelock building by end-Nov
Bigger refurbished premises will allow it to meet caseload, provide specialised facilities
3 mins
Leaders must uphold high standards of conduct, says MOE after affair claims
School leaders are expected to maintain high standards of personal conduct to uphold the integrity and reputation of the public service, said the Ministry of Education (MOE), following allegations that the vice-principal of a primary school had an extra-marital affair with the parent of a pupil.
1 min
Overwhelming demand for 2-room flexi flats in October BTO launch
Overall surge driven by pent-up demand from first-time single buyers, says HDB
3 mins
Arts varsity's students to get chance to gain work experience
University of the Arts Singapore partners Arts House Limited to provide internships
2 mins
Suspect nabbed over death of man found unconscious in Clementi
A 50-year-old man has been arrested for his suspected involvement in the death of a 41-year-old man, who was found unconscious at the void deck of a Clementi housing block on Oct 21.
2 mins
Website selling vapes resembling stationery products blocked here
Access to a website that sells e-vaporisers resembling stationery has been blocked in Singapore after reports of such products surfaced online.
1 min
Global stocks start week on back foot after Wall Street rally
● STI slips 0.7% with most of index's stocks in the red ● On broader market, losers outpace gainers 324 to 251 ● Bitcoin retreats after spike last week; gold hits new highs
1 min
WiseTech's shares sink on claims of past inappropriate behaviour of CEO
SYDNEY – WiseTech Global shares plunged on Oct 21 after the tech company's board said it is reviewing media allegations against billionaire co-founder and chief executive officer Richard White of past inappropriate behaviour.
2 mins
Malaysia's economy grows faster than expected in third quarter
KUALA LUMPUR - Malaysia's economy expanded faster than expected in the third quarter of 2024 on gains in the services and manufacturing sectors, putting the nation on track to meet the government's revised annual growth forecast.
1 min
Qantas told to pay $150,000 to three sacked workers in outsourcing case
SYDNEY - A court on Oct 21 ordered Australia's Qantas Airways to pay a combined A$170,000 (S$149,400) to three baggage handlers it unlawfully sacked in 2020, implying a big damages bill for a lawsuit involving about 1,700 former workers whose jobs were outsourced.
1 min
Early trade data from South Korea shows slowing export growth
SEOUL - South Korea's early trade data showed that growth in exports has slowed so far in October, indicating the softening of a rally that has been led by global demand for semiconductors.
2 mins
China slashes key lending rates to bolster ailing economy
Loan prime rate cut comes after central bank's Sept push to encourage bank lending
2 mins
Keppel inks conditional deal for supply of liquid hydrogen to power its data centres
Keppel has signed a conditional offtake term sheet with Woodside Energy, Australia's largest oil and gas developer, for the supply and purchase of liquid hydrogen to power its data centres in Singapore.
1 min
New grant helping firms with climate reporting to launch in November
Large companies and small and medium-sized enterprises (SMEs) will receive help to produce their first climate-related sustainability reports from Nov 1.
2 mins
CDL's Norwood Grand sells 84% of units at $2,067 psf at launch
Woodlands residential project Norwood Grand sold 292 units, or 84 per cent of its 348 units, over its launch weekend, at an average selling price of $2,067 per sq ft (psf).
3 mins
25 firms to be lauded for steward leadership projects in region
Honourees drive profit growth by addressing wide range of social and climate challenges
2 mins
DBS chief says only half of banking industry making enough tech progress
The head of Singapore's biggest lender said only about half of companies in the banking industry have made sufficient progress in transforming their businesses to embrace digitalisation and artificial intelligence.
2 mins
Temasek invests in firms with clear green plans for long-term profits
Strategy vital for it to realise sustainability goals and help future generations prosper
4 mins
Temasek, Saudi Arabia's PIF are tops in credit metrics and liquidity: Moody's
Singapore's Temasek and Saudi Arabia's Public Investment Fund (PIF) have the strongest intrinsic credit quality among 11 government-owned investment holding companies (IHCs) rated, said Moody's Ratings in an Oct 17 report.
1 min
Why the West should not dismiss the building of a Brics wall
The instrument of choice of Russia and China to chip away at US global influence is growing.
7 mins
Power, as well as price, matters in a well-run economy
That's the lesson to take from both the founding of the Bretton Woods system 80 years ago and the Biden administration today.
3 mins
What makes Chinese students so successful by international standards?
Research by Australian scholars, who have been studying the 'paradox of the Chinese learner' since the 1990s, shows common perceptions of Chinese and other Asian learners are wrong.
3 mins
There is no leadership without risk
Those in positions of leadership in the US fear they will say the wrong thing, or say what they believe to be the right thing in the wrong way.
4 mins
WONDERFUL SLEW TAKES GOVERNOR'S CUP AGAIN
Leading Seoul rider, 2017 Kranji visitor Moon honours late father
3 mins
LECLERC AIMS FOR PERFECT ENDING
Ferrari bullish about finishing season with constructors’ title after dominating US GP
3 mins
Overtaking rules need relook after Norris-Verstappen clash
Lando Norris and Max Verstappen occupied the front row of the grid for the United States Grand Prix in Texas on Sunday, the day after the world champion had returned to victory lane with yet another triumph in a sprint race, but it was the Ferraris on the second row that everyone watched like hawks.
3 mins
CELTICS WANT THEIR 19TH NBA CROWN
As Boston chase history, Lakers’ father-son pair of LeBron-Bronny embark on their own
3 mins
‘X-factor’ Sabally sparks Liberty to first WNBA title
NEW YORK – Nyara Sabally picked a good night to play one of the best games of her life.
2 mins
Bournemouth pain for Shakhtar gain: Arteta
LONDON - Mikel Arteta has urged Arsenal to use the \"pain\" of their first loss in six months as motivation for the Champions League clash against Shakhtar Donetsk on Oct 22.
2 mins
Dortmund to avoid Bernabeu 'spies': Report
BERLIN – Borussia Dortmund have opted not to train at the Santiago Bernabeu ahead of their Champions League final rematch against Real Madrid on Oct 22, fearing there will be \"spies\" monitoring the session and potentially picking up some tactical clues.
2 mins
SLOT HAILS WORK RATE AND FIGHT
Liverpool boss proud of defensive effort in win over Chelsea as Reds pass first big test
3 mins
Women players want Fifa to end deal with Aramco
ZURICH – A group of over 100 professional women footballers on Oct 21 sent an open letter to Fifa, urging the world governing body to end its partnership with oil and gas conglomerate Saudi Aramco.
2 mins
AMBITIOUS DRIVE FOR GLORY
SBA seeks separate top-notch singles coaches for men and women's players
3 mins
I discover veteran acts Nile Rodgers and more at Desaru's Ombak Festival
DESARU, Malaysia - Nearly everyone I told about my plans to attend a music festival in Desaru gave me a look of confusion.
2 mins
Skyscanner's evolution shaped by what travellers want
The company's chief executive says as traveller demands evolve, the future belongs to platforms that combine elements of media, inspiration and deal aggregation
5 mins
Young pianists in perfect harmony
Piano duets were an indispensable feature of 19th-century European bourgeois home life. As a Singaporean family today might consume K-dramas from their sofa, so a French family of the 1850s would gather around their Erard to play four-hand works written for domestic consumption.
2 mins
Singapore Lyric Opera presents beginner's guide to Puccini
In lieu of a fully staged opera production in 2024, Singapore Lyric Opera (SLO) presented a gala commemorating the 100th anniversary of Italian composer Giacomo Puccini's death.
2 mins
Hasbro's Magic unveils its first cards from tie-in with Marvel
NEW YORK - Hasbro's popular trading card game Magic: The Gathering is taking a radical departure from its fantasy roots with an upcoming set of cards based on Walt Disney's Marvel superheroes.
1 min
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
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