LONDON (Reuters) – European shares rose cautiously on Wednesday with gains in most sectors lifting the market amid speculation the U.S. Federal Reserve will signal a dovish stance towards monetary policy. The pan-European STOXX 600 index closed up 0.3 percent after four straight sessions of losses due mostly to mounting worries over slowing economic growth. […]
NEW YORK (Reuters) – A former Goldman Sachs Group Inc (GS.N) employee pleaded guilty on Wednesday to engaging in insider trading based on non-public information about several companies that were clients of the investment bank, Manhattan federal prosecutors announced. Woojae “Steve” Jung, who was a vice president with the bank in San Francisco, has agreed […]
JAKARTA – Earlier this year, as Japan’s Prime Minister Shinzo Abe was considering teaming up with arch rival China to help deliver infrastructure projects under the country’s US$1 trillion Belt Road Initiative (BRI), his ambassador to Indonesia was overseeing the finishing touches of an early study to construct a railway between Jakarta and the country’s […]
SINGAPORE – An elderly man who had been investigated for picking up a child who was not related to him from a childcare centre in Tiong Bahru was innocent. On Tuesday (Dec 18), Tiong Bahru Village, a community page, had said in a Facebook post that an elderly man had tried to pick up a […]
SINGAPORE – Grab users experienced problems while booking a ride on the platform’s mobile app on Wednesday morning (Dec 19). At 8.21am, Grab posted on its Facebook page that it was “experiencing a service interruption, which may result in your Grab app not functioning as expected”. Forty minutes later, it updated its post to clarify […]
SINGAPORE – Religious leaders in Singapore have an important role in leading the fight against fake news. They are responsible for guiding their congregations to discern rumours, distortions and myths about each other’s religions and current affairs, said Minister for Culture, Community and Youth Grace Fu on Wednesday (Dec 19). Speaking to more than 400 […]
SINGAPORE – The fishing industry and authorities have played down fears of seafood shortages, saying Singapore is “well-prepared” for Malaysia’s temporary restrictions on exports of certain varieties of wild caught fish and shrimp. The Malaysian government said on Monday (Dec 17) that it will prohibit the export of the seafood from Jan 1 to Feb 28 […]
BEIJING (REUTERS) – China hopes Britain’s exit from the European Union can happen in an orderly way and that the bloc will reduce hurdles to Chinese investment and keep its markets open, China’s foreign ministry said on Tuesday (Dec 18). China, the world’s second-largest economy, has watched Brexit nervously, worried not only about potential market […]
SHANGHAI (AFP) – US rapper Lil Pump has triggered an uproar in China after posting a video of a song containing racially offensive lyrics and a squinty-eye gesture, inspiring Chinese rap artists to fire back with “diss tracks”. The 18-year-old Colombian-American rapper, whose real name is Gazzy Garcia, posted the song on his Instagram account […]
SINGAPORE – Significant weight gain or loss among middle-aged and elderly Chinese Singaporeans can increase the risk of an early death, especially from cardiovascular diseases, a study has found. Led by Professor Koh Woon Puay of Duke-NUS Medical School and the National University of Singapore’s Saw Swee Hock School of Public Health, a team of researchers […]