LONDON (Reuters) – The U.S. dollar consolidated gains on Friday but was set for its biggest weekly rise in 2-1/2 months as an overnight drop in high-flying U.S. technology stocks fuelled a bout of risk aversion in global markets. The dollar’s bounce this week comes after weeks of losses which saw the greenback fall to […]
SINGAPORE – All Integrated Shield Plan (IP) insurers will provide coverage of diagnostic endoscopy – a common procedure that allows doctors to look inside a patient’s body and detect diseases – which are medically necessary, said the Life Insurance Association, Singapore (LIA) in a statement on Friday (Sept 4). This comes after the Singapore Medical […]
(Reuters) – European shares overcame early losses on Friday, with bank stocks leading gains on merger talks between two major Spanish lenders, while markets bet on the European Central Bank maintaining easy monetary policy at a meeting next week. The pan-European STOXX 600 index rose 0.5% after falling as much as 1% at the open. […]
SINGAPORE – Unlike many other commuters who are glued to their phones while on public transport, undergraduate Valerie Lee, 19, and her brother Nicholas, 22, keep an eye out for trouble when commuting. The siblings watch out for suspicious behaviour or objects. They are two of some 48,000 volunteers with the police’s Riders-On-Watch (ROW) scheme, […]
KUALA LUMPUR – Malaysian Prime Minister Muhyiddin Yassin has expressed his hope that procedures on allowing the cross-border movements of workers between Malaysia and Singapore can be finalised soon. This was among some of the issues discussed during a courtesy call by Singapore’s High Commissioner to Malaysia, Mr Vanu Gopala Menon, on Tan Sri Muhyiddin […]
KUALA LUMPUR – A Johor state lawmaker for Parti Pribumi Bersatu Malaysia has lost his membership of the party, Malaysiakini news site reported on Friday (Sept 4), possibly resulting in a hung state assembly that could cripple policymaking. In what is seen as a breach of the party’s Constitution, Datuk Osman Sapian was seen in […]
JAKARTA (REUTERS) – Each day in Jakarta at 9am sharp, local government official Ricky Mulyana and three colleagues don full personal protective equipment, hoist a wooden coffin onto their shoulders, and set out on a “funeral” procession down busy city streets. The coffin, wrapped in plastic, contains only an effigy. But as Indonesia struggles to contain […]
LONDON (Reuters) – Senior officials in British Prime Minister Boris Johnson’s office see only a 30%-40% chance that there will be a Brexit trade agreement with the European Union due to an impasse over state aid rules, The Times reported. Britain left the EU on Jan. 31 but talks have so far made little headway […]
SINGAPORE – A former domestic worker has been cleared by the High Court of stealing more than $34,000 worth of items from Changi Airport Group (CAG) chairman Liew Mun Leong and his family. Miss Parti Liyani, who worked for the family from 2007 to 2016, had appealed to the High Court against her conviction and […]
SYDNEY (REUTERS) – Cyber attacks against Australia have increased in frequency in recent months, Defence Minister Linda Reynolds said on Friday (Sept 4), as the country released its first cyber security threat report which cited 4,500 hacking attempts in one day. Australia said in June it would strengthen cyber defences after a “sophisticated state-based actor” […]