SINGAPORE (Reuters) – The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback found broad support as the euro and pound came under pressure after downbeat […]
KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) – Former Malaysian deputy prime minister Ahmad Zahid Hamidi faces an additional charge for criminal breach of trust (CBT) involving RM10 million (S$3.2 million). The charge was read out on Friday (Dec 14). Zahid was accused of committing CBT by dishonestly giving a loan of RM10 million from his […]
JOHOR BARU – Johor Crown Prince Tunku Ismail Sultan Ibrahim said he hopes Malaysia and Singapore can find a “win-win” solution amid disputes over airspace and territorial waters. In a Facebook post on Thursday (Dec 13), he said: “I hope the countries can find a solution that is a win-win situation to prosper together and […]
JASIN (THE STAR/ASIA NEWS NETWORK) – A toddler drowned in a pail of water at his home in Melaka on Thursday (Dec 13). The one-year-old, who had just celebrated his birthday in November, was found unconscious in the pail by his mother. The accident happened at Sungai Rambai, Jasin, Melaka. Jasin OCPD Deputy Superintendent Arshad Abu identified […]
DHAKA (THE DAILY STAR/ASIA NEWS NETWORK) – The three most important takeaways of the Congress Party’s victory in assembly elections in the heartland states of India are: (1) it has suddenly opened up the race for power in the parliamentary polls due in the first quarter of the New Year; (2) it has dramatically altered […]
Senators also pass resolution saying that Mohammed bin Salman is responsible for the murder of Jamal Khashoggi. US Senators have voted to recommend that the US stop supporting the Saudi-UAE-led war in Yemen, directly challenging both Saudi Arabia and President Donald Trump in the wake of columnist Jamal Khashoggi’s slaying. Senators also approved a non-binding […]
SINGAPORE – Imagine a girl in a blue dress and a leg brace, with a teddy bear in one hand and a donation box in the other. Sounds familiar? You are likely thinking of Suzy, a life-sized doll that collects donations for the Cerebral Palsy Alliance Singapore (CPAS). CPAS recently started a campaign till the […]
NEW YORK (Reuters) – Declining global economic growth rates will boost defensive stocks and could lead to opportunities in emerging market currencies and mortgage bonds in the year ahead, asset manager Pacific Investment Management Co (Pimco) said in its 2019 outlook on Thursday. Higher interest rates and fading fiscal stimulus will leave the U.S. economy […]
SINGAPORE – Over more than two years, a dealer at OCBC bank allegedly made numerous unauthorised foreign exchange trades in the bank’s system, involving accounts belonging to its clients. Lu Chor Sheng, 40, formerly a treasury adviser at the bank, is accused of committing 40 offences under the Computer Misuse Act, two other offences involving […]
BEIJING (Reuters) – China and the United States are in close contact over trade, and any U.S. trade delegation would be welcome to visit, a commerce ministry spokesman said on Thursday. U.S. President Donald Trump and Chinese President Xi Jinping this month agreed to a truce that delayed the planned Jan. 1 U.S. increase of […]