The Straits Times - March 18, 2023
The Straits Times - March 18, 2023
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In this issue
March 18, 2023
Stocks rally as fears of bank crisis cool
Lifelines for US, Swiss banks shore up investor confidence but uncertainty persists
3 mins
Man, 59, arrested over alleged murder of co-tenant in Redhill flat
A 59-year-old man has been arrested for his suspected involvement in killing a 61-year-old man.
2 mins
S'pore non-oil exports down 15.6% in Feb; 5th straight month of falls
External demand unlikely to pick up any time soon amid bank turmoil in US, Europe
3 mins
Credit Suisse has its lifeline - now it must win back clients
The US$54 billion (S$73 billion) lifeline won by Credit Suisse on Thursday gives it a fighting chance to rebuild its business. But some clients are not waiting around to find out how that goes.
4 mins
Wall Street giants inject $40.3b to shore up First Republic Bank
America's largest banks moved on Thursday to shore up First Republic Bank, easing fears that the regional US lender could be the next domino to fall after collapses including Silicon Valley Bank (SVB).
2 mins
Slaps and vulgarities: Healthcare staff recall physical, verbal abuse
When senior staff nurse Devi Raman tried to stop a patient from breaking Covid-19 rules by leaving a Tan Tock Seng Hospital ward, she was verbally abused and hit on the wrist - all over a glass of iced water.
3 mins
China to set up financial watchdog run by the ruling party
It will be responsible for top-level design, development and supervision of the sector
2 mins
One year into Indo-Pacific strategy, US angers China with deeper alliances
Experts worry that emphasis on military deterrence may end up inviting conflict
4 mins
Anwar orders security forces to be on alert amid religious rhetoric
Malaysian PM’s call follows spike in ethnic tensions, and comes ahead of Malay nationalist convention
2 mins
Clock ticking as TikTok owner tries to find buyer
ByteDance under US pressure to sell app or face ban, but willing or able buyers are few
4 mins
Woes from British workers' strikes not over, despite PM's tactical retreat
Health sector to get pay rise but walkouts by transport and other workers still a threat
3 mins
Xi to have one-to-one meeting with Putin in Russia
It will be Chinese leader’s first trip to Moscow since it invaded Ukraine
2 mins
Some Russian actions in Ukraine may be crimes against humanity: UN inquiry
Russia has committed wide-ranging war crimes in Ukraine, such as wilful killings and torture, a United Nations-mandated investigative body said on Thursday, in some cases making children watch loved ones being raped and detaining others alongside dead bodies.
2 mins
Stewards of cultural heritage
Duo and two groups to be honoured for promoting, passing on skills, traditions
4 mins
SpaceX, Netflix to join US business mission to Vietnam
SpaceX, Netflix and Boeing are among companies joining the \"biggest-ever\" United States business mission to Vietnam next week to discuss investment and sales opportunities in the booming Southeast Asian nation, the organiser said.
2 mins
Petronas plans to expand venture capital arm with up to $268m
Malaysia's national oil company Petroliam Nasional, or Petronas, plans to expand its corporate venture capital arm with up to US$200 million (S$268.4 million) as early as April, two sources with knowledge of the matter told Reuters.
1 min
Tata Consultancy's chief executive resigns in surprise move
India's largest IT services provider Tata Consultancy Services (TCS) said on Thursday that Mr Rajesh Gopinathan will resign as chief executive, just a year into his second five-year term at the helm of the company.
1 min
What's wrong with the banks
Rising interest rates have left banks exposed. Time to fix the system again.
4 mins
STREET OF DREAMS OUT OF RAFFLES
Rising star abstains from Gl race, but stays the course for Kranji Mile and S’pore Derby
3 mins
EUROPEAN EXIT GIVES ARSENAL 'CLARITY'
Gunners boss Arteta says it shifts focus to the league, as ten Hag hails winning attitude
2 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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