The Straits Times - March 15, 2023
The Straits Times - March 15, 2023
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In this issue
March 15, 2023
Easier for merchants to accept Nets, credit card payments on one terminal
Merchants can now use their Nets terminals to accept Visa and Mastercard payments from customers without having to go through multiple payment service providers, following new agreements inked between the local company and both credit card networks.
3 mins
Aukus allies unveil details of nuclear-powered submarine plan
US to sell Australia 3 subs in early 2030s; countries will develop new class of vessels
3 mins
Chinese Embassy in Singapore lifting Covid-19 visa suspensions
It will resume issuing all types of visas to foreigners, including for tourism and medical treatment
1 min
China to raise retirement age to cope with ageing population
China is planning to raise its retirement age gradually and in phases to cope with the country's rapidly ageing population, state-backed newspaper Global Times said on Tuesday, citing a senior expert from China's Ministry of Human Resources.
1 min
Australia's nuclear submarine plan set to cost up to $330b by 2055
CANBERRA Australia's nuclear-powered submarine programme with the United States and Britain will cost up to A$368 billion (S$330 billion) over the next three decades, a defence official said on Tuesday.
2 mins
Women's development still a work in progress: Shanmugam
Minister says whole-of-society effort needed to bring about lasting and positive change
3 mins
It's getting hot in S'pore. How much hotter is it than before?
ST dives into decades of data to observe trends, understand how warmer weather affects people
3 mins
Muhyiddin aims to be lightning rod for anti-government dissent
Like jailed ex-PM Najib, he claims he is a victim of political persecution
3 mins
Britain to boost defence spending but can it really head off risks?
Doubts remain on ability of future govts to fend off Russia risk and China challenge
3 mins
Japan joins Asean hotline for defence ministers
Japan has joined the hotline set up to promote swift cooperation between Asean defence ministers in times of emergency, becoming the first non-member nation of the 10country bloc to do so.
1 min
S'pore, Japan can boost cooperation amid geopolitical tensions: Forum
Both should build on economic, security ties as partners in region
3 mins
S. Korea to rethink plan for 69-hour work week after outcry by 'Gen MZ'
South Korea will reconsider its plan to raise the maximum weekly work hours to 69 after its \"MZ Generation (Gen MZ)\" of millennials and Gen Z baulked at the idea that many saw as destroying a healthy work-life balance.
2 mins
Biggest Philippines-US war games set for April
First live-fire drills at sea, I7,00 troops to showcase maritime capabilities amid China tensions
2 mins
Philippine cop jailed for killing 2 teens in 2017 case
A police officer in the Philippines has been found guilty of killing two teenagers during former president Rodrigo Duterte's drug war, court documents showed on Tuesday, in a rare conviction of one of the crackdown's enforcers.
1 min
EU seeks to avoid economic dependence on China, not decoupling
The head of the European Commission, Dr Ursula von der Leyen, said on Monday that she wants to avoid economic dependence on China, but not fully \"decouple\" the European Union's economy from the country.
1 min
Holi fest - where violence lurks behind innocent fun
Some women in India, fearing assault and harassment, shun celebrations
3 mins
AI tool helps docs spot nearly invisible colon cancer growths
It can detect 20% more polyps than via the human eye, says Sengkang General Hospital
3 mins
Meta to slash 10,000 jobs in 2nd round of mass layoffs
SAN FRANCISCO - Meta Platforms plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months.
1 min
Latest inflation data points to Fed hiking key rate by quarter point next week
The Federal Reserve is seen raising its benchmark rate a quarter of a percentage point next week and delivering another hike of the same size in May, as a government report on Tuesday showed consumer prices in the United States rose slower but solidly in February.
2 mins
$47.5m compensation but no bonus for exec board of Credit Suisse
Credit Suisse Group's executive board took home 32.2 million Swiss francs (S$47.5 million) in fixed compensation while collectively forgoing a bonus for the first time in more than 15 years, according to the Swiss bank in its annual report published on Tuesday.
1 min
China giants keen as PSA seeks $5.4b for stake in CK Hutchison ports: Sources
Chinese state-owned conglomerates China Merchants Group and China Cosco Shipping are among the firms expressing interest in PSA International's minority stake in the ports business of Hong Kong's CK Hutchison Holdings, according to people familiar with the matter.
1 min
Singapore bank stocks decline amid global rout on SVB collapse
Investors cut exposure to lenders despite assurances from US president, policymakers
3 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
Unlock your access to award-winning journalism on Singapore and the world. With bureaus in major cities around the world, The Straits Times correspondents bring world news to readers on a Singapore platter, helping them appreciate world events from a Singaporean perspective.
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