The Straits Times - November 28, 2024
The Straits Times - November 28, 2024
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In this issue
November 28, 2024
Lebanese cheer Israel-Hezbollah ceasefire agreement
Deal is major win for US-led diplomacy; Israel expected to focus on Iran, Hamas
3 mins
Household debt up, but financial assets grow at faster pace
The debt of households in Singapore may have risen in the past year, but their financial assets such as cash and stocks grew at a faster pace, so they can withstand pressures, said the central bank.
3 mins
Malaysia, S'pore reaffirm efforts to protect marine life in Johor Strait
The Johor Strait, the narrow body of water between Singapore and Malaysia, is under growing pressure from many sources, including aquaculture farms and land reclamation.
2 mins
AGC under fire after IMDB-linked charges against Najib dropped
KUALA LUMPUR - Malaysia's public prosecutors have drawn flak from analysts and observers after former prime minister Najib Razak and former treasury chief Mohd Irwan Serigar Abdullah were on Nov 27 granted a discharge not amounting to an acquittal (DNAA) in a graft case linked to the 1Malaysia Development Berhad (1MDB) state fund scandal.
3 mins
News analysis Latest graft probe on China defence minister a blow to engagement
But analysts say the military's fighting capability will not be critically impacted
2 mins
Build optimism, solidarity to tackle 3 'long problems': President Tharman
Climate change, AI and ageing societies are the largest governance challenges that countries face, he says
5 mins
PM Wong visiting Thailand today
Prime Minister Lawrence Wong will visit Bangkok on Nov 28 at the invitation of Thai Prime Minister Paetongtarn Shinawatra.
2 mins
Companies' debt levels in S'pore low; banks and insurers can withstand shocks: MAS
Despite still-high borrowing costs and weaker earnings, businesses in Singapore have been able to service their debts, the central bank has found, adding that macroeconomic uncertainty and geopolitical tensions are key hurdles ahead.
2 mins
Ng Yu Zhi allegedly lived lavishly on gains from scam
More than $481m channeled to his personal bank accounts, says prosecutor
3 mins
Indian classical musician and artist awarded Cultural Medallion
Indian classical flautist, composer and conductor Ghanavenothan Retnam, 63, had good reason to cheer on Nov 27.
2 mins
Key provisions of Israel-Hezbollah ceasefire
BEIRUT - Israel and Lebanese armed group Hezbollah agreed to implement a ceasefire early on Nov 27 as part of a US-proposed deal for a 60-day truce to end more than a year of hostilities.
2 mins
Bidens plan fbr Middle East peace a fifagile hope amid Trump transition
After ceasefire deal in Lebanon, focus now shifts to the Israel-Gaza conflict
4 mins
Huawei plans to drop Android entirely in gadgets from 2025
SHENZHEN - Huawei Technologies said that from 2025, its new smartphones and tablets will run on an operating system stripped of Google's open-source Android technology.
2 mins
Opposition claims victory in race for Jakarta governor
If confirmed, result will be a blow to President Prabowo and his bid to consolidate power
3 mins
Seoul hit by heaviest November snowfall on record
South Korea's capital was blanketed on Nov 27 by the heaviest November snowfall since records began over a century ago, the weather agency said.
1 min
India's Parliament proceedings halted again over Adani graft issue
MPs disrupt proceedings, demanding discussion of billionaire's US indictment
2 mins
Nearly 1,000 supporters of Pakistan's ex-PM Imran Khan arrested
Pakistani authorities arrested nearly 1,000 supporters of jailed former Prime Minister Imran Khan who stormed the capital this week to demand his release, the city's police chief said on Nov 27.
1 min
S. Koreans oppose arms for Ukraine as envoy visits
South Koreans remain widely opposed to directly supplying arms to Ukraine, recent polls show, despite renewed international requests from Kyiv and allied capitals after North Korean troops were reported to be helping Russia.
2 mins
Japan moves to change consumption tax system for tourists
Refund system slated to be introduced in 2026 in bid to curb fraudulent behaviour
2 mins
ICC prosecutor seeks arrest warrant for Myanmar leader over Rohingya campaign
The prosecutor of the International Criminal Court (ICC) said on Nov 27 he would seek an arrest warrant for Myanmar's military leader, General Min Aung Hlaing, for crimes against humanity over the alleged persecution of the Rohingya, a mainly Muslim minority.
2 mins
'Sorry for wrongfully putting you on death row for 46 years'
TOKYO - A senior Japanese public prosecutor on Nov 27 bowed in apology to Mr Iwao Hakamada, the world's longest-serving death row prisoner, whose conviction was quashed in 2024.
1 min
Trump picks veteran of first-term trade war to ramp up tariff plan
US President-elect Donald Trump on Nov 26 chose trade lawyer Jamieson Greer as his new US trade representative, elevating a key veteran of his first-term trade war against China to execute a sweeping tariff agenda that promises to upend global trade.
2 mins
Chinese state media warns of mutually destructive tariff war
China's state media warned US President-elect Donald Trump his pledge to slap additional tariffs on Chinese goods over fentanyl flows could drag the world's top two economies into a mutually destructive tariff war.
3 mins
Trump weighs direct talks with N. Korea's Kim
His transition team hopes that a new diplomatic push can lower the risks of an armed conflict
3 mins
Australia moves closer to social media ban for under-16s
SYDNEY - Australia on Nov 27 moved closer to banning social media for children under 16 after Parliament's Lower House passed the Bill, even as Alphabet's Google and Facebook-owner Meta pressed the government to delay the legislation.
3 mins
Negotiators must speed up to get plastics deal, chair warns
Negotiators must move \"significantly\" faster to agree on a landmark treaty to curb plastic pollution, the diplomat chairing the talks warned on Nov 27, as countries lined up to express frustration about the limited progress.
2 mins
Philippine police file complaint against V-P over alleged assault
MANILA - The police in the Philippines said on Nov 27 they had filed a formal complaint against Vice President Sara Duterte and several members of her security detail over a recent incident at the Lower House of Congress.
1 min
ST Explains Race against time as UN talks tackle plastics crisis
The goal is to develop a legally binding instrument to address plastic pollution
3 mins
Beijing could launch drills near Taiwan over Lai's Pacific trip
China set to use Taiwanese leader's visit to allies and US transit as pretext: Sources
3 mins
China cautions NZ against joining Aukus
Chinese Ambassador to New Zealand Wang Xiaolong said that if New Zealand were to join security grouping Aukus, it would \"inevitably\" have negative consequences for the country's relationship with China.
1 min
HSA removes over 3,000 illegal health product listings online
Eight platforms take part in operation that sees over 1,470 warnings issued to sellers
3 mins
News analysis Is there a better, more holistic way to track health of MRT system?
Beyond engineering performance, consider the impact on passengers and service quality too
5 mins
EPL gets court order to block 50 sites, apps showing matches illegally
A court order has been obtained requiring local internet service providers to block access to 50 more pirate domains linked to apps and websites showing English Premier League (EPL) matches illegally.
2 mins
New Jurong facility to cut production times for concrete
Related construction plants brought closer; emissions reduced with fewer truck trips
3 mins
FirstCom Academy to be suspended for flouting SkillsFuture marketing guidelines
Training provider FirstCom Academy will be suspended for three months for using a referral programme for marketing which goes against terms for training providers by SkillsFuture Singapore (SSG).
2 mins
Motorcyclist dies in PIE accident with Tower Transit bus
A motorcyclist was killed in an accident with a Tower Transit bus on the PIE on Nov 27.
1 min
SBS Transit senior bus captain She stopped bus and put out car fire before firefighters arrived
The Transport Gold Awards is an annual event that recognises and honours transport industry staff who have demonstrated exceptional service and gracious behaviour in the course of their work
2 mins
SMRT assistant station manager He resuscitated man who collapsed at station
When SMRT assistant station manager Abdul Hadi Ngadino was alerted in February by his colleague that a man in his 60s had collapsed at Woodlands station, he immediately rushed to the scene.
2 mins
S'pore stocks dip as US tariff concerns weigh on investors
● STI down 0.1%; ThaiBev leads index, with YZJ in last place ● SingPost up 4.5% after talks on Aussie business' potential sale ● Chinese stocks rise despite country's industrial profit drop
1 min
Australia's monthly inflation rate holds steady in October
Australia's consumer price inflation rate stayed at a three-year low in October as government rebates drove electricity and rent prices down, though core inflation picked up in a sign of lingering cost pressure elsewhere.
1 min
US consumer spending helps GDP grow by 2.8%
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool.
1 min
Post-election euphoria buoys US consumer confidence
Index beats forecast to hit 16-month high amid optimism over labour market, stocks
3 mins
Walmart eases diversity push amid pressure
In June 2020, as protesters spilled into the streets after the murder of George Floyd, Walmart's chief executive Doug McMillon promised action.
1 min
China's industrial profits fall again but decline not as sharp
October profits in most industries improve, but headwinds loom from US tariff threat
2 mins
Chow Tai Fook Jewellery sees steep revenue fall amid slowdown
China's largest jewellery retailer Chow Tai Fook Jewellery Group saw revenue plunge 20.4 per cent in the half year ended September, the biggest drop for the period since 2016 as the world's No. 2 economy slows and record high gold prices dent luxury spending.
1 min
GM, Ford shares fall amid Trump's tariff threat
Additional levies would see car prices soar; analysts say move would be 'devastating'
4 mins
Apple misses out on big smartphone sales rebound in 2024: Study
Global smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent study showed, underscoring the speed with which Android-based rivals are gaining ground in China and emerging markets.
1 min
Levies on metal imports to raise aluminium, steel prices
NEW YORK - Aluminium and steel will be the most impacted metals under US President-elect Donald Trump's threat to impose 25 per cent tariffs on imports from top suppliers Canada and Mexico, according to Citigroup analysts.
1 min
Fintech firm backed by Temasek, DBS secures new Series B funding
A blockchain-based fintech firm that counts DBS Bank and Singapore investment firm Temasek among its founding backers has secured new funding, bringing the total investment to US$80 million (S$107.5 million).
1 min
Shares in Hello Kitty firm dive as investors plan to trim stakes
TOKYO - Shares in the Japanese entertainment giant behind the popular Hello Kitty brand plunged on Nov 27 after major shareholders said they would reduce their stakes.
1 min
Sanofi opens new $800m Tuas plant to produce biopharma products
It will hire 200 people by 2026 in roles such as engineering, data analysis and tech
2 mins
Data centres: Climate killers or green saviours?
The growing energy demands of data centres could just be the boost to green energy investment we need.
7 mins
Donald Trump's plans threaten the EV transition
An abrupt change of course on US subsidies would come at a time when demand is already slowing in developed economies.
3 mins
AI's challenge to universities: What happens when EQ trumps IQ?
Artificial intelligence will soon surpass knowledge workers in most tasks for which they are trained. Should universities switch from educating the mind to educating the heart?
7 mins
I ran Operation Warp Speed, and I'm concerned about bird flu
Avian influenza might mutate to enable human-to-human transmission.
4 mins
The woman who may break through Indonesia's boys' club
Politics is often a male-dominated family affair in South-east Asia's largest economy. Change may come from East Java.
3 mins
Of speaking up and importance of health as SG60 nears
I refer to Mr Chan Whye Shiung's letter \"Dad's letter was run in the Forum 44 years ago\" (Nov 21).
1 min
Bouquets Feeling lost Helped by two RGS students
I would like to express my appreciation to two Secondary 3 students of Raffles Girls' School who helped me with directions recently.
1 min
Lying ● Always tell children the truth on issues that matter
A decision on whether or not to lie to a child is one that can be made only by the parents (Parents lie to kids all the time, but they should think twice first, Nov 23).
1 min
S'PORE PRESENCE IN PIALA EMAS
Dream Alliance in last Malaysian feature but Pacific Warrior is out
2 mins
RICH N POWERFUL IS STILL GOING STRONG
Bold Runner and Popeyethesailorman also show their wares at the KL trials on Nov 26
3 mins
Longer trip should help Last Car To Pass
Nov 28 South Africa (Vaal) form analysis
2 mins
Boston Marathon organiser to pay runners affected by doping offenders
The Boston Athletic Association (BAA) has confirmed that it will be paying prize money to athletes who finished behind doping offenders at their races, including the Boston Marathon.
2 mins
Hartenstein to help Thunder roar against Golden State
SAN FRANCISCO - The Oklahoma City Thunder have a new weapon to unleash when they try to avenge a loss to the Golden State Warriors in a meeting between two Western Conference powerhouses on Nov 27 (Nov 28, Singapore time) in San Francisco.
2 mins
LILLARD GETS HOT TO BEAT THE HEAT
He leads Bucks in the absence of Antetokounmpo as they improve to 3-0 in NBA Cup group play
3 mins
Angel City lift NWSL to attendance record
NEW YORK - The United States National Women's Soccer League (NWSL) set an attendance record in 2024, according to a report from Sports Business Journal, as clubs averaged 11,250 fans in attendance, a 6 percent increase compared to the previous year.
2 mins
Japan need time, there's no magic solution: Jones
TOKYO - Eddie Jones has urged Japan to keep faith in him, despite lacklustre results that have included several heavy defeats since he returned as coach almost a year ago.
2 mins
FERRARI POWER 'THE OBJECTIVE'
Andretti says GM's proposed engine deal with Italian giants 'will be best of all worlds'
3 mins
Southgate not 'limiting options to coaching'
LONDON - Former England manager Gareth Southgate is exploring a \"change of direction\" after quitting in the aftermath of the Euro 2024 final loss to Spain.
1 min
CONFUSED KOMPANY IGNORES STANDINGS
Bayern still out of automatic qualification places in Champions League after PSG win
2 mins
Barca reunion continues as Mascherano helms Miami
MIAMI - Inter Miami have appointed former Argentina midfielder Javier Mascherano as their new coach, the Major League Soccer (MLS) club said on Nov 26.
2 mins
Flick finds centurion Lewy 'unbelievable'
Barcelona coach Hansi Flick said Robert Lewandowski's goalscoring feats were \"unbelievable\", after the striker passed a century of Champions League goals on Nov 26.
2 mins
'FRAGILE' CITY COLLAPSE AGAIN
LONDON - Manchester City manager Pep Guardiola is rarely one to point the finger at his players, and despite a calamitous 3-3 draw at home to Feyenoord in the Champions League on Nov 26 after they threw away a three-goal lead, the Spaniard stuck by his team again.
2 mins
Arsenal continue revival with 'big result' in Lisbon
LISBON - Mikel Arteta said that Arsenal delivered a Champions League statement of intent with their 5-1 away demolition of Sporting Lisbon on Nov 26.
2 mins
THAI CALL-UP A WORRY FOR NS DEFAULTER
Should Davis travel to Singapore for Asean Cup, he could be in trouble with the law
3 mins
Amorim wants a win on 'special' home debut
LONDON - Ruben Amorim will make his Old Trafford debut as Manchester United manager when the Red Devils host Norwegian champions Bodo/Glimt in the Europa League on Nov 28, and he is clear what he is aiming for.
2 mins
Building bridges with his flute
For most musicians, stage performances are the end-goal, the culmination of behind-the-scenes effort.
3 mins
Recipients take Singapore arts to the world
From winning prizes at the Venice Film Festival to touring with Mandopop queen A-mei, the four 2024 Young Artist Award recipients have made waves internationally.
1 min
Making sense of the World through art
Artist Siew Hock Meng
4 mins
Music kings take back their crowns
Must-see MV: G-Dragon – 2024 Mama performance medley
2 mins
New head hopes to offer alternative to 'junk food'
General manager of SGIFF Jeremy Chua courts young viewers and social media
4 mins
Shrek director tackles animation taboo in Netflix fairy tale Spellbound
Animated films tackling parent separation and divorce are few and far between.
2 mins
Moana 2 charts familiar waters, but stays buoyant
Disney's second voyage with Moana dives deeper into Pacific culture
2 mins
Binge-worthy K-variety series is a celebration of tenacity and sisterhood
Iron Girls follows the trials and triumphs of four award-winning South Korean actresses who signed up for the toughest roles of their lives – participants of the 2024 World Triathlon Cup in Tongyeong.
2 mins
Problemista's whimsy is wearying, Blitz a conventional WWII drama
Alejandro (Julio Torres) from El Salvador is an aspiring toy designer in New York City. With time running out on his American work visa, he becomes personal assistant to an erratic art critic (Tilda Swinton) as his only hope for a sponsored residency.
2 mins
Society is sick': Actor Ryan Lian after netizens laugh at him for being attacked
Local actor Ryan Lian has hit back at netizens who were unkind to him after learning that he was injured in a recent knife attack.
1 min
BTS' Jimin and Jung Kook face off at Billboard Music Awards
K-pop supergroup BTS members Jimin and Jung Kook will face off at the upcoming Billboard Music Awards (BBMAs), which will take place on Dec 12.
3 mins
Stefanie Sun fails to nab Taipei Arena for 2025 world tour
It has been a decade since homegrown Mandopop star Stefanie Sun last headlined her own tour, so when her upcoming world tour Aut Nihilo Sun Yanzi In Concert was announced recently, fans went into a frenzy.
2 mins
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Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
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