The Straits Times - January 25, 2025
The Straits Times - January 25, 2025
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In this issue
January 25, 2025
Private home prices jump 2.3% in Q4 2024 after surge of new home sales in November
Private residential property prices rose 2.3 per cent in the last three months of 2024, reversing a 0.7 per cent drop from the previous quarter after a last-minute surge in new home sales in November following cuts in local mortgage interest rates.
3 mins
Resale flat prices up 9.7% in 2024; rise set to continue in 2025
HDB says prices were driven by strong broad-based demand, tight market supply
3 mins
19 1/2 years' jail for man who raped domestic helper
A 68-year-old man who raped a domestic worker in 2020 while his family was overseas was sentenced to 191/2 years' jail on Jan 24.
3 mins
New endowment fund for 60-year-old educational charity
The Prophet Muhammad's Birthday Memorial Scholarship Fund (LBKM), which has provided financial support to students of all races and religions since 1965, will launch a new endowment fund targeted at large donors and corporate sponsors to ensure the sustainability of its mission.
2 mins
Alfa Romeo and Jeep dealership in Singapore to close by June
Brands have seen modest popularity, face stiff competition from German rivals
2 mins
Global growth driven by strong US economy expected in 2025
The world is expected to achieve positive growth in 2025 despite continued trade and geopolitical tensions and relatively higher interest rates than in previous years, the leaders of some economies and financial institutions said.
3 mins
Invest in the US or pay tariffs, says Trump in Davos address
He offers lowest taxes of any nation’ if businesses bring manufacturing to America
5 mins
China delivers quick justice in recent high-profile violent cases
Man who killed Japanese boy four months ago latest to get death penalty
3 mins
South Korea court rejects request to extend Yoon's detention
A South Korean court on Jan 24 rejected the request by the prosecutors' office to extend the detention of impeached President Yoon Suk Yeol over a criminal investigation into his short-lived martial law declaration on Dec 3, the Yonhap news agency reported.
1 min
Cash incentives to encourage births bear fruit in Tianmen
But modest bump in births unlikely to reverse China’s population decline: Analysts
5 mins
Ishiba sticks to safe ground in aspirational but stale policy speech
Premier presents grandiose vision of an 'enjoyable Japan', but with few details
4 mins
Man wanted in Indonesia graft case held; suspect says he has diplomatic passport
A businessman wanted by the authorities in Indonesia over his alleged involvement in a corruption case there has been arrested by Singapore's Corrupt Practices Investigation Bureau (CPIB).
2 mins
Customs officers recognised for tech innovations, excellence
Over 200 officers receive Customs awards for their excellent work in 15 categories
3 mins
20 accessible carparks in industrial areas to have 46 mostly fast EV charging points by 2026
Twenty publicly accessible carparks in industrial areas will be equipped with at least 46 new electric vehicle (EV) charging points - most of which are fast chargers - by 2026, said EV-Electric Charging (EVe) on Jan 24.
1 min
STI down 0.1% despite record session on Wall Street overnight
Investors focus on MAS policy, Trump's call for lower rates | Singtel tops local index while Sats is biggest decline | Regional indexes end mixed with Tokyo, KL in the red
1 min
Binance co-founder turning VC arm into giant family office
Mr Zhao \"CZ\" Chang-peng, a few months out of prison and now worth US$70 billion (S$94 billion) thanks to the relentless Trump-fuelled crypto rally, is turning the former venture capital arm of his Binance Holdings into a family office.
2 mins
Retailers' body calls for relaxed foreign worker quotas, levies
An increase in the dependency ratio ceiling (DRC) and reduced foreign worker levies are among the measures that Budget 2025 could adopt to help Singapore retailers manage rising costs and a tight labour market, the Singapore Retailers Association (SRA) said.
2 mins
Self-storage firms in 20 areas can operate until leases expire
Self-storage companies located in 20 areas around the island can stay put until their leases expire, following a review by industrial landlord JTC.
2 mins
TEEN MAY WELL RULE CAPE MET
Old guard may have to pass baton to 3YO star Eight On Eighteen in South Africa G1
2 mins
Wembanyama puts on a 'top-five' show for Paris crowd
Victor Wembanyama said he played one of the best five games of his young career after delighting his home crowd in Paris on Jan 23 by scoring 30 points to lead the San Antonio Spurs to a 140-110 rout of the Indiana Pacers.
2 mins
Aberg hangs on to lead at Farmers in darkness
Ludvig Aberg of Sweden finished off a three-over 75 after sunset on Jan 23 in San Diego but still shares the lead at the Farmers Insurance Open with Lanto Griffin.
2 mins
VELOSO'S 'SWEET' COMEBACK SUCCESS
First golds since 2022 make up for missing Olympics; Irwan also wins at regional event
3 mins
Stiffer penalties for race drivers who swear
Formula One drivers face the possibility of fines or points deductions after the International Automobile Federation (FIA) introduced new guidelines to punish swearing or other sporting violations.
2 mins
EAGLE AIMS FOR SPL MARK
At the start of the Singapore Premier League (SPL) season, Geylang International forward Tomoyuki Doi outlined his lofty ambition to The Straits Times, declaring his intention to cement his name as the best striker in the league's history.
3 mins
Fernandes eyes Europa League after United win
Manchester United captain Bruno Fernandes said the club's fans should not lower their expectations, despite the Red Devils struggles this season, particularly at Old Trafford.
2 mins
Maresca backs under-fire rival Pep
Chelsea manager Enzo Maresca has rallied around Pep Guardiola and said the struggling Manchester City boss needs support after a run of two wins in seven European games left City's Champions League knockout-phase hopes under threat.
2 mins
NO 'STUPID BALLS' ALLOWED
Liverpool manager Arne Slot joked on Jan 24 that his father sometimes complains that his football is not \"exciting\" enough.
3 mins
Arteta consults his own players on January signings
Arsenal need to strengthen their front line with Brazilian Gabriel Jesus and England international Bukayo Saka both sidelined, manager Mikel Arteta said on Jan 24, ahead of an English Premier League meeting with Wolverhampton Wanderers.
2 mins
Shenzhen to host Billie Jean King Cup
The Billie Jean King Cup Finals will be hosted in Shenzhen, China from 2025 until 2027, the International Tennis Federation (ITF) said on Jan 23.
1 min
The complete player against the one-time teen prodigy
Aryna Sabalenka, who can write her name into the tennis record books with a third consecutive Australian Open title on Jan 25, has become the complete player.
1 min
CRAMPING SINNER ACHES FOR THE TITLE
Italian pushes past pain to set up Zverev final for chance to win third Major trophy
3 mins
LESSONS IN LOSS FOR TEH
Beaten by Thai ace, S'porean admits he has to work on his speed, consistency
2 mins
One last fight confronts an injured Djokovic on the chase: Him v Time
Record books often tell innocent lies. The one concerning Jan 24 at the Australian Open will state that the No. 2 seed Alexander Zverev defeated the No. 7 seed Novak Djokovic in their semi-final but it is an incomplete truth. The true victor on this surprising sunshine afternoon was time.
3 mins
SCENTS OF PLACE
From Changi Airport to MRT stations to a church, more public spaces are using fragrance to improve the visitor experience
4 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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