CATEGORIES

India can't wait to see Trump back in the White House

The incoming US president and India’s prime minister get along well, though some friction is inevitable.

Oat milk producer Oatly to shut down its Singapore facility

Swedish oat milk producer Oatly is closing its manufacturing facility in Singapore, the company's first factory in Asia, after evaluating its supply chain network in the region.

SGX's four IPOs in 2024 the lowest in over a decade

But PwC sees brighter outlook for 2025 with more healthcare, Reit listings expected

Stellantis to add new car models to its Italy plants

Stellantis vowed to replenish its Italian plants with new models over the next few years as part of a push to repair relations with government and union leaders infuriated by dramatic declines in production.

Australia sees wider budget deficit, weaker growth ahead

Rising govt spending, China slowdown among concerns

AI start-up Databricks raises $13.5b from investors including GIC

Databricks has secured a US$62 billion valuation after raising a whopping US$10 billion (S$13.5 billion) in one of the largest venture capital funding rounds in history, underscoring the unprecedented appetite for fast-growing private companies that have seen accelerated growth due to artificial intelligence (AI).

US manufacturing rebounds less than expected in Nov

US manufacturing production rebounded less than expected in November as the boost from motor vehicle output was partially offset by persistent weakness in the aerospace industry, despite the end of a crippling strike by factory workers at Boeing.

US retail sales beat expectations in sign of economy's strength

US retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong underlying momentum in the economy as the year winds down.

GIC invests additional $203m in Asia Healthcare Holdings

GIC announced on Dec 18 that it will be investing an additional US$150 million (S$202.6 million) in Asia Healthcare Holdings (AHH), a healthcare delivery platform from South Asia.

Weaker yen helps Japan's exports rise faster than expected

Exports up 3.8% year on year in November on solid demand while imports drop 3.8%

Singapore stocks continue slide, mirroring Wall Street

STI down 0.5%; gainers outnumber losers 258 to 224 | Local banks continue descent, with DBS the biggest loser | Key regional indexes mostly up, but Nikkei falls 0.7%

Senior who found friendship in a time of need now pays it forward

Although a self-professed introvert who delights in her alone time, retired childcare centre teaching assistant Ng Tang Puay is no stranger to the sharp sting of loneliness.

Worker travelling on the back of lorry dies in accident; driver held

A 40-year-old man, who was among several migrant workers travelling on the back of a lorry, died after an accident on the morning of Dec 15 in Tuas.

Sports School diver uses injury downtime to prep, acing IB exam

While preparing for his first international diving competition in late 2022, Singapore Sports School student Yim Shek Yen, 18, faced his first hurdle.

Firm fined $160,000 over 2020 workplace death at LTA site

A construction company has been fined $160,000 over a workplace accident that killed a worker near the Changi MRT depot in December 2020.

S'pore students continue streak of surpassing global average

Students here average 38.4 points out of 45, higher than 29.2 globally

Be kind to yourself as you navigate the holiday season

The holidays are here again – that time of the year when shopping malls are decked out in twinkling lights, Christmas carols play on a loop, and our social media feeds are flooded with pictures of families on holiday or friends at festive gatherings.

BEATING THE FESTIVE BLUES

Break from social media, self-reflection and focus on spirituality among ways to cope

US repatriates Malaysians who aided alleged mastermind of Bali bombings

The US military said on Dec 18 that it had repatriated two Malaysian men from its prison at Guantanamo Bay, Cuba, who admitted to committing war crimes for an affiliate of Al-Qaeda that carried out deadly bombings in Bali, Indonesia, in 2002.

Race to find survivors as Mayotte reels from cyclone devastation

Macron set to visit after most destructive cyclone to hit the French territory in 90 years

2 in 5 Americans have favourable view of Trump: Poll

About two in five Americans view US President-elect Donald Trump favourably, fewer than when the Republican was on the cusp of his first presidential term, a new Reuters/Ipsos poll showed.

Stay in the fight, V-P Harris urges young US voters

US Vice-President Kamala Harris on Dec 17 suggested she did not intend to fade into the background after President-elect Donald Trump's November victory, and used her first major post-election speech to urge young people to \"stay in the fight\".

Canada expands aerial border surveillance to appease Trump

Canada is deploying what it calls an \"aerial intelligence task force\" as part of a new C$1.3 billion (S$1.23 billion) plan to address US President-elect Donald Trump's concerns about migrants and fentanyl flowing across the northern border.

Trudeau battles for survival after deputy PM resigns

New calls for Canadian leader to quit as he faces first open dissent from within Cabinet

Several hundred North Korean casualties in Kursk: US official

North Korean forces have suffered \"several hundred\" casualties fighting against Ukrainian troops in Russia's Kursk region, a senior US military official said on Dec 17.

Russia detains suspect over killing of chemical weapons chief

Russia said on Dec 18 it had detained an Uzbek man who confessed to planting and detonating a bomb that killed Lieutenant-General Igor Kirillov in Moscow on the instructions of Ukraine's SBU security service.

With Trump in the ascendant, even Kyiv's allies in US Congress rethink aid

When US President Joe Biden made a last-minute request to Congress recently that lawmakers include an extra US$24 billion (S$32.4 billion) in military aid for Ukraine in their year-end spending package, it received little attention and no serious consideration from members of either party.

Zelensky pleads with allies to send more aid for troops

Kyiv's army is struggling against better-equipped Russian forces on several parts of the front

Treat biodiversity and climate issues as a single challenge: Report

Current approaches to tackling these crises seen as fragmented, leading to inefficiencies

US Republican committee head expects revival of DOJ counter-China programme

The Republican chairman of the US House of Representatives Committee on Homeland Security said on Dec 17 he expects to see the revival of a Department of Justice (DOJ) programme focused on fighting Chinese espionage and intellectual property theft.