CATEGORIES

Retaliatory tariffs could undermine Asia's growth: IMF

The International Monetary Fund (IMF) warned on Nov 19 that tit-for-tat tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains, even as it expects the region to remain a key engine of growth for the global economy.

MBS eyes $12b loan to fund planned expansion of resort

Marina Bay Sands (MBS) is seeking a loan of around $12 billion, in what would be the largest financing from Singapore, as the firm looks to fund the planned expansion of its casino resort in the Republic.

Push for Google to sell Chrome browser to break search monopoly

US Justice Dept's proposals could reshape online search market, burgeoning AI sector

S,pore stocks to gain from MAS reforms, says Morgan Stanley

South-east Asia's top-performing stock market in 2024 is likely to continue its momentum into 2025 as Singapore unveils measures to revive its stock market, according to analysts at Morgan Stanley.

Funds raised via regional IPOs at 9-year low, but Outlook positive

Deloitte sees expected rate cuts among factors creating a 'more favourable, climate

Boeing to axe 2,500 workers in US as part of sweeping cuts

Boeing will lay off more than 2,500 workers in the US states of Washington, Oregon, South Carolina and Missouri, as part of the debt-heavy US plane maker's plan to cut 17,000 jobs, or 10 per cent of its global workforce.

News agency AP looks to slash nearly one in 10 jobs

The US-based Associated Press news agency is looking to cut almost one in 10 jobs to slash costs, its management said on Nov 18, as the wire service battles client cancellations and economic challenges.

Spirit Airlines files for bankruptcy after string of losses, failed merger

Spirit Airlines has filed for bankruptcy protection after the pioneer of no-frills travel in the US struggled with a long run of quarterly losses, failed merger attempts and looming debt maturities.

STI up in tandem with region amid lower US Treasury yields

● Seatrium top constituent stock, rising 3.8% to $1.91 ● Gainers beat losers 297-214 across broader local market ● Key regional indexes Nikkei, Kospi, Hang Seng end higher

HOME AWAY FROM HOME

Children and young people needing long-term medical care find a surrogate family at Singapore's only paediatric ward in a nursing home.

Judge chides lawyer for convoluted mitigation filled with grammar errors

A judge chided a criminal lawyer for the poor quality of a written mitigation plea the latter submitted to the court on behalf of a client who admitted to a cheating charge.

Man gets $1.3m more in divorce after appeal over $13.2m in assets

A man who was initially awarded a 55 per cent share of $13.2 million in matrimonial assets following a divorce will now get $1.3 million more, after he partly succeeded in his appeal.

RWS' casino licence renewed for only 2 years after 'unsatisfactory' tourism performance

Resorts World Sentosa's (RWS) casino licence has been renewed for two years instead of three, after its tourism performance was found unsatisfactory by the authorities.

Robot to deliver meals on wheels for Bird Paradise's creatures

Robots on patrol, concierge duties also part of trial at Mandai Wildlife Reserve's parks

73 under probe for suspected roles in illegal horse betting activities

In the first major operation against illegal horse betting activities following the closure of the Singapore Turf Club on Oct 5, 73 people are being investigated for their suspected involvement in such activities.

Tasmania in talks with SIA, Cathay Pacific over direct flights, says its premier

Singaporeans travelling to Tasmania could have an easier time getting there, with national carrier Singapore Airlines (SIA) in discussions to launch non-stop flights to the Australian island state.

More agencies join project for seniors with dementia

AWWA's newer hosts among its 12 partners include a dog shelter, fish farm, monastery

Mental health issues: Greater awareness, less stigma today

Nearly six in 10 polled can spot common conditions like dementia and depression

Full portability of IPs will not be mandated here

Full portability of Integrated Shield Plan (IP) insurance policies will not be mandated in the Republic – it is not an international best practice, according to a feasibility study conducted by the Ministry of Health (MOH).

Gaza ministry says over 20 killed in operation targeting aid looters

Gaza's Hamas-run Interior Ministry said on Nov 18 at least 20 people were killed in an operation targeting \"gangs\" that looted trucks bringing aid into the war-torn territory threatened with famine.

Kyiv hits Russia with US-supplied long-range missiles for first time

Moscow says strike marks 'new phase of the Western war,' vows to react accordingly

US envoy in Beirut amid hopes for Hezbollah-Israel truce

US envoy Amos Hochstein landed in Beirut on Nov 19 for talks with officials on a truce between armed group Hezbollah and Israel, Lebanon's state news agency said, hours after a proposal drafted by Washington won a nod from the Iran-backed group.

European nations denounce Russian hybrid attacks

European governments accused Russia of escalating hybrid attacks on Ukraine's Western allies on Nov 19, as Baltic nations investigated whether the cutting of two fibre-optic telecommunication cables in the Baltic Sea was sabotage.

Ex-congressman is Trump's pick to head transportation dept

US President-elect Donald Trump said he will nominate former congressman Sean Duffy as the head of his Department of Transportation.

Trump confirms he,ll use US military in mass deportations

Immigrant advocates question legality of proposal, raise alarm about potential fallout

Tens of thousands march in NZ Maori rights protest

Booming Indigenous Maori \"haka\" chants rang out across New Zealand's capital on Nov 19, as tens of thousands rallied against a conservative push to redefine the nation's founding treaty.

Johor rejects 30% of applications to open data centres

State's focus is on conserving resources, ensuring maximum gain for local economy

South Korea opposition leader Lee indicted for misuse of public funds

South Korea's main opposition leader Lee Jae-myung was indicted on Nov 19 over allegations that he used more than 100 million won (S$96,300) of public funds for personal purposes when he was a governor, Yonhap News Agency reported.

Driver arrested after many children hurt in car crash at school in China

A 39-year-old male driver of a vehicle that ploughed into pupils in Changde, a city in southern China, has been arrested, according to local police.

Singapore and Zambia to team up on carbon credits

Move paves way for carbon trading in the future, to the benefit of both countries