SEOUL (KOREA HERALD/ASIA NEWS NETWORK) – Jim Rogers, a renowned investor and chairman of Rogers Holdings, plans to visit North Korea next month at the invitation of Chairman Kim Jong Un, according to sources on Tuesday (Feb 12). The Singapore-based investor, who once said he would “put all of my money” in North Korea if […]
SINGAPORE – More than $96,000 in fraudulent credit card transactions were found after police nabbed four syndicate suspects. Police arrested three men and a woman, aged between 24 and 32, after receiving a report on Feb 1 about fraudulent activities being carried out on YouTrip. YouTrip is a multi-currency electronic wallet application. Preliminary investigations revealed that […]
(Reuters) – California Governor Gavin Newsom said Tuesday the state will not complete a $77.3 billion planned high-speed rail train, but will finish a smaller section. “The project, as currently planned, would cost too much and take too long. There’s been too little oversight and not enough transparency,” Newsom said in his first State of […]
Local catering company Team Catering, which provided buffet food to Raffles Institution (RI) students for a graduation event last October, has had its food hygiene grade downgraded to “C”. In a notice on its website on Monday, the National Environment Agency (NEA) said it adjusted the caterer’s food hygiene grade after investigations into the Oct […]
BANGKOK (REUTERS) – The Thai King’s sister, disqualified this week by the Election Commission from running for prime minister, apologised on Tuesday (Feb 12) for causing “problems” for the Thai people ahead of next month’s election, the country’s first since a 2014 coup. Princess Ubolratana Rajakanya Sirivadhana Barnavadi’s comments came a day after the commission […]
SINGAPORE – More than $1.6 million was raised by United Overseas Bank (UOB) Group Commercial Banking at an annual fundraising dinner on Tuesday night (Feb 12) involving more than 800 business owners from across the region. Together with clients and colleagues, UOB ushered in the Year of the Pig with an evening of festive fun […]
ISLAMABAD (AFP) – An opinion piece in the International New York Times criticising Pakistan’s powerful army was censored by its local publisher on Tuesday (Feb 12), replaced by a blank space in a country where it can be dangerous to reprimand the military. The article by Mr Manzoor Pashteen, the leader of a movement which […]
FRANKFURT (Reuters) – The survival of Euribor interest rates, which have been marred by a manipulation scandal, will rely on the “judgement” of some of the very banks that rigged them only a few years ago, under a new methodology proposed on Tuesday. Euribor is designed to reflect how much a bank pays to borrow […]
BRUSSELS (Reuters) – Finance ministers from smaller European Union states on Tuesday opposed a plan to limit governments’ power to block EU reforms on tax matters, in a move that further reduces the chances of introducing an EU levy on large digital firms. EU countries with smaller populations have for years blocked efforts to narrow […]
SINGAPORE – Officers at the Singapore Cruise Centre seized duty-unpaid cigarettes from two bags belonging to an 80-year-old Singaporean man on Sunday (Feb 10). In a Facebook post on Tuesday, the Immigration and Checkpoints Authority (ICA) said that a total of three cartons, 34 packets and 21 loose sticks of duty-unpaid cigarettes were concealed in […]