Wall Street ends mostly lower despite new stimulus plan
NEW YORK (AFP) – Worrisome US economic data and concerns over a new coronavirus variant in Britain hit Wall Street and led US equities to close mostly lower on Tuesday […]
Tech giant Sea makes big strides as it takes on digital banking
SINGAPORE – Singapore-based technology giant Sea, which owns e-commerce platform Shopee, has rapidly grown to become South-east Asia’s most valuable company and one of the region’s largest tech players over […]
Oil tumbles as new virus strain revives demand fears
LONDON • Oil prices dropped almost 2 per cent yesterday to below US$50 a barrel, adding to losses from the previous session, as a new coronavirus strain in the United […]
Wary mood over global virus curbs sends STI down 0.67%
Investors turned defensive yesterday as the pandemic sparked more lockdowns and tighter border restrictions across the world. The wary mood left the Straits Times Index (STI) down 0.67 per cent, […]
Newly-wed man lied to court he had not slept with wife to save money on divorce proceedings
SINGAPORE – In a desperate bid to save costs on divorce proceedings, a man lied before a court that his newly-wed wife had refused to consummate their marriage, so that […]
Seven more people arrested for suspected connection to rioting in Clarke Quay
SINGAPORE – Seven more people have been arrested for their suspected participation in a rioting incident involving a deadly weapon in Clarke Quay last Saturday night (Dec 19), said the […]
More IPPT-related activities to resume from Jan 4: Mindef
SINGAPORE – More individual physical proficiency test (IPPT) related activities for operationally ready national servicemen will resume in January, said the Ministry of Defence on Monday (Dec 21). From Jan 4, […]
6000 CREAM Airdrop to those who are participating in Vault Tokensale
VaultSwap, a crypto-swapping service, has entered into a partnership with CREAM Finance to officially add CREAM to its Staking platform. And 6000 CREAM airdrop to those who participate in Vault […]
Morning Briefing: Top stories from The Straits Times on Dec 22
Good morning! Here are our top stories to kick-start your Tuesday, Dec 22. First shipment of Covid-19 vaccine arrives in S’pore on SIA flight from Brussels It is the first […]
S&P 500 ends lower on new Covid strain, losses pared by stimulus
NEW YORK (REUTERS) – The S&P 500 closed lower on Monday (Dec 21), having clawed its way back from steep losses early in the session as investors juggled the outbreak […]
Oil price falls on fears of Covid-19 mutation
NEW YORK • Oil fell to less than US$48 a barrel in Asian trading – after posting a seventh weekly gain – on concern a Covid-19 mutation discovered in Britain […]
Lighting up a downturn
Despite the economic fallout from the coronavirus pandemic, the Orchard Road Christmas light-up remains a bright spot in Singapore. It has gone ahead as planned this year, with retail experts […]
SIA has spent $7.1b of $8.8b raised in rights issue
Singapore Airlines (SIA) has used approximately $7.1 billion of the $8.8 billion raised from a rights issue in June, it said in a filing to the Singapore Exchange yesterday. Between […]
E-shopping addiction lays waste to green packaging drive in China
SHANGHAI • If you worry about all the waste generated by the annual rush of holiday shopping and gift giving, it is nothing compared with the mountains of discarded packaging […]
Gold climbs to six-week high on US stimulus news
BENGALURU • Gold climbed to a six-week high yesterday, driven by news that United States congressional leaders had reached an agreement on a Covid-19 aid package, while lockdowns in Britain […]
Singapore’s first head of navy Jaswant Singh Gill dies, aged 97
SINGAPORE – Mr S. Jaswant Singh Gill, Singapore’s first head of navy and a pillar of the Sikh community, died last Saturday (Dec 19) at about 10am, aged 97. He […]
First Singaporean appointed to Unesco evaluation body
SINGAPORE – A director from the National Heritage Board (NHB) is the first Singaporean to be appointed to Unesco’s evaluation body, said the statutory board on Monday (Dec 21). Mr […]
HDB to launch 17,000 BTO flats in 2021, including in Bidadari, Queenstown and Geylang
SINGAPORE – About 17,000 Build-To-Order (BTO) flats will be launched in 2021, keeping the supply of new flats in line with what was launched this year. However, given the economic […]
A*Star, alternative protein firm Perfect Day setting up joint R&D lab in Singapore
SINGAPORE – Alternative protein company Perfect Day, which produces animal-free dairy proteins, is linking up with the Agency of Science, Technology and Research (A*Star) to set up a research and […]
S’pore could help in fill-and-finish production, regional distribution of Covid-19 vaccines: Chan Chun Sing
SINGAPORE – Singapore is in discussions with the major suppliers of coronavirus vaccines and could possibly play a role in distributing them, said Trade and Industry Minister Chan Chun Sing […]