Proposed changes to traffic rules send wrong signal to road users
The Straits Times|November 20, 2024
The proposed changes to traffic rules to prevent some offenders from being "overly punished" are inappropriate, unwise and lack empathy for the victims (Proposed changes to traffic rules to prevent some offenders from being overly punished, Nov 11), particularly the one on the removal of mandatory minimum sentences for first-time offenders who commit dangerous driving offences that cause grievous hurt or death.
Foo Sing Kheng

I believe the aim of the sentences is not just to punish offenders, but also to act as a deterrence to potential offenders who will hopefully understand the serious consequences of dangerous driving.

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The Straits Times

Choon Huat Engineering is tops at Enterprise 50 Awards

It was Choon Huat Engineering's first time participating in the Enterprise 50 (E50) Awards in 2024, and the construction equipment rental firm hit a home run.

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3 mins  |
November 26, 2024
The Straits Times

Call for views on why retail investors shun S'pore stocks

Survey aims to ascertain their needs and challenges to revitalise trading on SGX

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4 mins  |
November 26, 2024
Musk's wealth hits record $469b on post-election boom
The Straits Times

Musk's wealth hits record $469b on post-election boom

Mr Elon Musk's net worth hit an all-time high of US$347.8 billion (S$469 billion) on Nov 22, driven by Tesla's ongoing stock rally and a new funding round valuing his artificial intelligence start-up xAI at US$50 billion.

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2 mins  |
November 26, 2024
The Straits Times

Adani reports sufficient cash after rout sparked by US charges

India's Adani Group said it has enough cash to service debt obligations, as it sought to reassure creditors after a US bribery indictment against founder Gautam Adani triggered a sell-off in the conglomerate's stocks and bonds.

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1 min  |
November 26, 2024
The Straits Times

S'pore financial sector's exposure to Adani Group limited so far

Banks have measures to manage exposures to borrowers and counterparties, says MAS

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2 mins  |
November 26, 2024
The Straits Times

CapitaLand Investment rebalancing portfolio to grow Asia businesses

CapitaLand Investment (CLI) will rebalance its portfolio to grow its India and South-east Asia businesses and optimize its China holdings, as it seeks further geographical diversification for growth.

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2 mins  |
November 26, 2024
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
The Straits Times

Singapore Gulf Bank to raise funds, buy stablecoin payments firm

Singapore Gulf Bank is seeking to raise at least US$50 million (S$67.3 million) in a funding round and plans to acquire a stablecoin payments company in 2025, according to people with direct knowledge of the matter.

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1 min  |
November 26, 2024
Chinese investors digest letdown from Big Tech earnings
The Straits Times

Chinese investors digest letdown from Big Tech earnings

BEIJING - From Tencent Holdings to Alibaba Group Holding, China's tech leaders have delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty.

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3 mins  |
November 26, 2024
The Straits Times

China exports set to hit record high before Trump takes office

Economists expect panic-stockpiling by foreign firms amid spectre of trade war

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2 mins  |
November 26, 2024
South Korean prosecutors seek 5-year jail term for Samsung chairman
The Straits Times

South Korean prosecutors seek 5-year jail term for Samsung chairman

South Korean prosecutors requested on Nov 25 a five-year jail term for Samsung Electronics chairman Lee Jae-yong over his actions during a controversial merger of affiliates that helped solidify his control, in a case being tried at an appeals court.

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1 min  |
November 26, 2024