Oil rebounds by almost 5% on Omicron hopes, Iran talks
NEW YORK (REUTERS) – Oil prices climbed by nearly 5 per cent on Monday (Dec 6) on hopes the Omicron coronavirus variant would have a less damaging economic impact if […]
Singapore suspends crypto exchange in dispute with K-pop stars BTS, FT says
SINGAPORE (BLOOMBERG) – The Monetary Authority of Singapore has suspended Bitget, a crypto exchange that got into a dispute after promoting the digital currency Army Coin, named after the South Korean […]
3 key areas Raeesah Khan’s testimony differs from Workers’ Party chief Pritam Singh’s account
SINGAPORE – Further questions have been raised about the incident involving former Sengkang GRC MP Raeesah Khan lying in Parliament, after she and other Workers’ Party members gave evidence to a […]
Oil extends gains after Opec+ takes flexible stance on supply
SINGAPORE (BLOOMBERG) – Oil rose in Asian trading after the Opec+ alliance decided to keep restoring supply, but also said it could revisit the decision at any moment due to […]
WP leaders told by Raeesah Khan in August she had lied, decided to give her time to deal with matter: Pritam Singh
SINGAPORE – Leaders of the Workers’ Party (WP) were told by their MP Raeesah Khan that she had lied in Parliament, about a week after she made false statements about […]
Raeesah Khan resigns from WP: Parliament’s Committee of Privileges to continue probe into admission of lying
SINGAPORE – The Committee of Privileges looking into the complaint against former Workers’ Party MP Raeesah Khan for lying in Parliament will continue with its work, the Clerk of Parliament […]
US Fed chief ditches ‘transitory’ tag, paves way for rate hike
WASHINGTON (BLOOMBERG) – Team Transitory is throwing in the towel. In a clear sign that the US Federal Reserve is shifting to tighter monetary policy, Jerome Powell – who’s spent […]
Who is Parag Agrawal, Twitter’s new CEO?
SAN FRANCISCO (AFP) – Parag Agrawal, who took over on Monday (Nov 29) as the new head of Twitter, shot from relative obscurity as the platform’s technology expert to becoming […]
Wall Street rebounds after virus-related sell-off
NEW YORK (REUTERS) – Wall Street stocks closed higher on Monday (Nov 29), regaining some of the ground they lost in Friday’s sell-off, as investors were hopeful that the Omicron […]
New lawyer for bus drivers tells court they are continuing with lawsuit against SBS Transit
SINGAPORE – Lawyer Lim Tean, who has taken over the case of 13 bus drivers suing SBS Transit over overtime pay, told the High Court on Monday (Nov 29) that […]
Political leaders, MPs expected to be truthful in what they say: PM Lee at PAP Convention
SINGAPORE – Political leaders and members of parliament (MPs) are expected to have personal conduct that is beyond reproach and be truthful in what they say both inside and outside […]
4G team will need a little longer to decide on leader, says PM Lee at PAP convention
SINGAPORE – The issue of choosing the next prime minister is an important matter that cannot be put off indefinitely as the Covid-19 situation stabilises, said Prime Minister Lee Hsien […]
PAP launches digital party newsletter to better explain decisions, policies to public
SINGAPORE – The People’s Action Party (PAP) started a new sociopolitical website on Sunday (Nov 28) to better explain its decisions and policy positions. Petir.sg seeks to be the digital […]
Inflation worries dominated Fed’s last meeting
WASHINGTON (NYTIMES) – Worries about inflation dominated the Federal Reserve’s November policy meeting, with some policymakers suggesting that the United States central bank should move more quickly to reduce its […]
Markets see June liftoff on US rate hikes after Biden sticks with Powell to lead Fed
WASHINGTON (BLOOMBERG, REUTERS) – Traders are pricing in a ramp-up in tapering bond purchases by the US Federal Reserve and the potential for a June liftoff on rate hikes after […]
Some parents keep kids at home, but overall pre-school attendance remains high
SINGAPORE – Madam Shannon Loh has been keeping her two young children at home since March. “Their pre-school strongly encouraged parents to keep children at home if they can, so […]
Everyone can do their part to keep Singapore clean and green: DPM Heng
SINGAPORE – As Singapore marks 50 years since its first Tree Planting Day, each and every Singaporean can do his or her part to keep the country green and sustainable, […]
Bookings for cruises not hard hit despite launch of vaccinated travel lanes
SINGAPORE – Cruises here are still sailing on smooth waters even with the launch of several vaccinated travel lanes by Singapore. Despite still not allowed to have ports of calls, […]
Technology is key to resilient supply chains, experts say
SINGAPORE – As supply chain snags continue into 2022, it is important to strike a balance between efficiency and resilience, and make use of technology to build trust among countries. […]
Hyflux’s unsecured creditors likely to receive ‘small dividend’, liquidators say
SINGAPORE (THE BUSINESS TIMES) – The liquidators for water-treatment company Hyflux said on Thursday (Nov 18) that unsecured creditors, including medium-term noteholders, are likely to receive a “small dividend” following […]