CATEGORIES

How one of the tiniest oil markets cost Singapore-based Trafigura $1.5b
The Straits Times

How one of the tiniest oil markets cost Singapore-based Trafigura $1.5b

Firm says staff in Mongolia manipulated payments while concealing overdue debts

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7 mins  |
November 05, 2024
The Straits Times

Billionaire Dyson blasts 'spiteful' tax hikes in British budget

The tax hikes on British businesses in Chancellor Rachel Reeves' first budget will lead to the \"death of entrepreneurship\" and could \"kill off\" growth, according to Mr James Dyson, the billionaire founder of vacuum cleaner maker Dyson.

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1 min  |
November 05, 2024
The Straits Times

Fed and peers set to proceed with rate cuts after US polls

The US Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential election that may not be decided yet.

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2 mins  |
November 05, 2024
Walden, NTU launch $50m fund to support deep-tech start-ups
The Straits Times

Walden, NTU launch $50m fund to support deep-tech start-ups

Aim is to help them avoid the 'valley of death' and make the jump to market

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3 mins  |
November 05, 2024
The Straits Times

S'pore shares up on eve of US vote in line with regional trend

In broader market, advancers beat decliners 262 to 247 Hongkong Land top gainer on STI, climbing 7.1% DBS Bank up while UOB and OCBC Bank close lower

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1 min  |
November 05, 2024
The Straits Times

6 charged over malware scams involving nearly $8m in transfers

More people have been charged in relation to a spate of malware scams reported between May and June 2023, with some of them acting on behalf of a criminal syndicate.

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3 mins  |
November 05, 2024
Cop who shot man wielding knife not errant in use of firearm: Judge
The Straits Times

Cop who shot man wielding knife not errant in use of firearm: Judge

While under the influence of drugs, a 64-year-old man brandished a kitchen knife at the doorway of his home despite being confronted by four police officers.

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2 mins  |
November 05, 2024
CAG loses appeal to have tax break for $273m spent on assets
The Straits Times

CAG loses appeal to have tax break for $273m spent on assets

Runways, taxiways and aprons at airport are structures, not tools of trade: Judge

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2 mins  |
November 05, 2024
Firms roll out sensors to detect vaping amid surge in use among students
The Straits Times

Firms roll out sensors to detect vaping amid surge in use among students

Devices pick up vaping aerosols, can be placed overhead in toilets or classrooms

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3 mins  |
November 05, 2024
The Straits Times

SPH Media lays off 34 employees amid restructuring of technology division

SPH Media announced on Nov 4 the layoff of 34 employees, amid a restructuring of the company's technology division.

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3 mins  |
November 05, 2024
Money launderer's former Sentosa Cove plot sold for $22m
The Straits Times

Money launderer's former Sentosa Cove plot sold for $22m

Land that once belonged to Su Baolin sold after two unsuccessful auction attempts

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3 mins  |
November 05, 2024
New mRNA production facility paves way for pandemic preparedness
The Straits Times

New mRNA production facility paves way for pandemic preparedness

A cutting-edge mRNA production laboratory that can quickly produce materials for pre-clinical or animal studies for vaccines to respond to future pandemics, or drugs to combat cancers and other diseases, was launched officially on Nov 4.

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2 mins  |
November 05, 2024
Over 15,300 EV charging stations now available across the island
The Straits Times

Over 15,300 EV charging stations now available across the island

S'pore is more than a quarter of the way to achieving its goal of 60,000 points by 2030

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2 mins  |
November 05, 2024
The Straits Times

Over 100 live quail chicks found in rubbish bin; all eventually die

More than 100 live quail chicks were found discarded in a green rubbish bin in Lim Chu Kang late on Oct 27.

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1 min  |
November 05, 2024
The Straits Times

Israel probing suspected Gaza intelligence leak by Netanyahu aide

A suspected leak of a classified Gaza document involving an aide to Prime Minister Benjamin Netanyahu has jolted Israeli politics and outraged the families of hostages held by Hamas who have been pushing for a deal to get their loved ones home.

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2 mins  |
November 05, 2024
The Straits Times

Trudeau condemns violence at Hindu temple near Toronto

Canadian Prime Minister Justin Trudeau condemned as \"unacceptable\" violence at a Hindu temple near Toronto on Nov 3, following skirmishes blamed by some leaders on Sikh activists.

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1 min  |
November 05, 2024
Israel officially informs UN of end to ties with Palestinian aid agency
The Straits Times

Israel officially informs UN of end to ties with Palestinian aid agency

Israel has officially notified the UN that it was cancelling the agreement that regulated its relations with the main UN relief organisation for Palestinian refugees (UNRWA) since 1967, the country's Foreign Ministry said on Nov 4.

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1 min  |
November 05, 2024
The Straits Times

Nations to gather for crunch climate talks after US election

Stakes are high as talks come in a year that has seen barrage of floods, heatwaves, storms

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3 mins  |
November 05, 2024
The Straits Times

Tik Tok sued over harmful content for kids

Seven French families have filed a lawsuit against social media giant TikTok, accusing the platform of exposing their adolescent children to harmful content that led to two of them taking their own lives at the age of 15, their lawyer said on Nov 4.

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1 min  |
November 05, 2024
S. Korea considers curbing cellphone use in schools
The Straits Times

S. Korea considers curbing cellphone use in schools

Proposal comes amid concerns over pupils' dependence on smart devices

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3 mins  |
November 05, 2024
Eastern Indonesia's Laki-laki volcano erupts, killing 10
The Straits Times

Eastern Indonesia's Laki-laki volcano erupts, killing 10

People from several villages evacuated; state of emergency declared for next 58 days

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2 mins  |
November 05, 2024
The Straits Times

Lahore shuts primary schools over dangerous smog

Pakistan's second-largest city, Lahore, will close primary schools for a week over record pollution, the authorities said on Nov 3, to avoid exposing millions of children to smog that is several times above levels deemed dangerous.

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1 min  |
November 05, 2024
The Straits Times

Johor to offer premium starting salaries for jobs related to SEZ

JOHOR BAHRU - Johor is set to become the first Malaysian state to offer a starting salary of RM4,000 (S$1,200) for diploma holders and RM5,000 for those with degrees in specific sectors related to the Johor-Singapore Special Economic Zone (JS-SEZ), said Deputy Prime Minister Zahid Hamidi.

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1 min  |
November 05, 2024
The Straits Times

India fines owners of cars, work sites amid air pollution

NEW DELHI - The authorities in India's capital and surrounding areas fined the owners of thousands of vehicles and construction sites for infringing pollution rules, in a bid to counter a slump in air quality during the last three weeks.

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1 min  |
November 05, 2024
Eastern Indonesia's Laki-laki volcano erupts, killing 10
The Straits Times

Eastern Indonesia's Laki-laki volcano erupts, killing 10

People from several villages evacuated; state of emergency declared for next 58 days

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2 mins  |
November 05, 2024
The Straits Times

Indonesian and Russian navies hold first joint drills in Java Sea

Naval forces of Indonesia and Russia began their first joint military training drills in the Java Sea on Nov 4, the Indonesian Navy said, a move analysts say shows the South-east Asian country's willingness to befriend any country.

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1 min  |
November 05, 2024
The Straits Times

$263m a year, rice supplies part of North Korea's deal with Russia

SEOUL - North Korea is believed to have dispatched thousands of soldiers to Russia to support its invasion of Ukraine, with thousands more, reportedly paid around US$2,000 (S$2,600) a month, anticipated to join by the year's end, according to South Korean intelligence and military officials.

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3 mins  |
November 05, 2024
Moldova rebuffs Russia with re-election of pro-Western leader
The Straits Times

Moldova rebuffs Russia with re-election of pro-Western leader

President wins 55% of the vote despite Russian tactics that shocked Western govts

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4 mins  |
November 05, 2024
The Straits Times

Voters see economy, threats to democracy as biggest problems facing US

Trump and his allies, who falsely claim that his 2020 defeat was the result of fraud, have spent months laying the groundwork to again challenge the result if he loses.

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2 mins  |
November 05, 2024
The Straits Times

Untapped potential seen in four Asean members' link-up with Brics

JAKARTA - Nearly half of Asean's member states have aligned themselves with Brics, the nine-member bloc of emerging economies often viewed as a strategic counterbalance to Western influence.

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6 mins  |
November 05, 2024