The Straits Times - March 24, 2023
The Straits Times - March 24, 2023
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In this issue
March 24, 2023
Singapore core inflation stays firm at 14-yr high of 5.5% in Feb
Overall inflation eases to 6.3% in February
2 mins
DPM Wong: Military has to work with companies to tap latest tech
Govts will have to guide development of technologies for collective security, he says
3 mins
Fed hikes rates, but it's Yellen's comments that rattle markets
Treasury chief says it’s not time yet to expand guarantees to all bank deposits
4 mins
Trial begins on battery swop stations for electric motorcycles
Taiwanese company partners automotive group C&C to test viability of concept in Singapore
2 mins
Fourth service can help SAF, commercial sector co-exist
Digital and Intelligence Service's chief says private firms already play key role in modern warfare
2 mins
Moderna boss defends planned price hike of Covid-19 jab to $173
Moderna's chief executive on Wednesday defended the company's plan to quadruple the price of its Covid-19 vaccine, telling a United States Senate committee hearing that it will no longer have the economies of scale from government procurement when the shots move into the private market.
1 min
11 million families in the Philippines facing water crisis
Struggle to provide access to clean water worsened by extreme climate conditions
2 mins
Selangor polls a litmus test for Anwar's govt: State's leader
Menteri Besar says partners PH, BN can’t afford to fail, warns about trickle effects
2 mins
Vienna museum tilts paintings to illustrate climate change threat
Austrian Klimt's well-known artist Gustav Attersee lake painting tilted by two degrees, Egon Schiele's painting of a tree in late autumn rotated by five degrees.
1 min
Sri Lanka to restore foreign reserves in 4 years, says central bank chief
He commits to recovery to pre-crisis levels under IMF loan programme
3 mins
Australia to vote on indigenous advisory body by December
Australia will hold a national vote between October and December on creating a new advisory group to Parliament for the nation's indigenous people.
1 min
Beijing blasts Aukus' nuclear submarine agreement
China lambasted the latest steps taken by Britain and the United States to supply conventionally armed but nuclear-powered submarines to Australia, in a diplomatic broadside circulated overnight among international atomic envoys.
1 min
End to Taiwan ties looms as Honduras minister heads to China
The Honduran Foreign Minister is travelling to China to \"promote\" the establishment of diplomatic ties, an official said, signalling that the end is most likely near for the country's decades-long relations with Taiwan.
2 mins
Aussie submarine plan sparks debate over nuclear waste
States across country quick to reject storage of radioactive waste from vessels
3 mins
How Singaporean ended up heading popular social media app
Hwa Chong alumnus Chew Shou Zi was appointed TikTok chief exec in May 2021
3 mins
Japan cashes in on sakura season sans Covid-19 rules
With cherry blossom trees in full bloom in Tokyo, there has been a rush to sell various products for the first cherry blossom viewing season in four years without Covid-19 restrictions.
1 min
US lawmakers grill TikTok CEO over company's alleged Beijing ties
US lawmakers began the hearing on Thursday of TikTok chief executive Chew Shou Zi over the company's alleged ties to the Chinese government and its danger to young people, as the popular video-sharing app faces a ban in its biggest market.
2 mins
China watching world's response to war: Blinken
China is \"very carefully\" watching how Washington and the world respond to Russia's invasion of Ukraine, but has not yet crossed the line of providing lethal aid to Moscow, US Secretary of State Antony Blinken said on Wednesday.
1 min
Any attempt to arrest Putin would be declaration of war, says Russian ex-president
Any attempt to arrest President Vladimir Putin after the International Criminal Court (ICC) issued a warrant for the Kremlin chief would amount to a declaration of war against Russia, his ally, former president Dmitry Medvedev, said on Thursday.
2 mins
Bakhmut counter-strike 'very soon': Ukraine commander
Indications are Russian forces have failed to make gains in bloodiest battle of conflict
3 mins
Protesters, police clash across France over Macron's pension changes
French workers angry with President Emmanuel Macron and his plan to raise the pension age blocked access to an airport terminal, sat on train tracks, clashed with police and threw projectiles at a police station in a day of demonstrations across France.
2 mins
Sunak survives day of drama as ex-PM Johnson is grilled over Partygate
British Prime Minister Rishi Sunak emerged unscathed from a day of parliamentary drama after convincingly winning a key Brexit vote, while former premier Boris Johnson cut a defensive figure as he denied lying to lawmakers during the so-called Partygate scandal.
3 mins
Nostalgia in the air as Toa Payoh heritage trail gets 2 more markers
Playground sporting iconic dragon and block visited by queen are the newly marked sites
2 mins
NUS, NTU retain top spots in Asia on subject rankings
Both rank higher than Chinese, Japanese, HK unis in number of top 10 programmes
2 mins
Heavy traffic at land checkpoints as Johor's long weekend starts
Motorists entering Johor via the Woodlands and Tuas checkpoints were caught in heavy traffic on Thursday, the start of a four-day long holiday weekend in Johor.
1 min
Singapore Children's Society raises record $6.6 million
Over 1,800 enterprises, individuals donated to two of its fund-raising initiatives last year
3 mins
S'pore marine fuel sales fall by 13.5%, outlook still weak
February’s drop due to shorter month, Chinese export contraction, among others: Analyst
3 mins
Job site Indeed to cut 2,200 positions as tech sector cools
Job hiring platform Indeed will cut about 2,200 positions, roughly 15 per cent of its total workforce, joining a cohort of technology companies including Amazon.com and Facebook parent Meta in culling workers amid economic uncertainty.
1 min
S'pore carbon exchange CIX to launch nature-based contract
Carbon exchange Climate Impact X (CIX) said on Thursday that it will launch a nature-based standardised (NBS) contract, whose sale will give buyers credits and proceeds that are intended to be used to help save forests.
1 min
Toshiba board said to have accepted JIP's $20b buyout proposal
Toshiba Corp's board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), source familiar with the matter said, potentially drawing a line under years of upheaval for the company.
2 mins
WFH concerns among issues raised at dialogue on workplace fairness
Panellists touch on efficacy, requirements of proposed Bill to protect workers against biases
2 mins
Fintech firm raises $358m, Asia's largest round since SVB's collapse
Fintech company Kredivo Holdings has raised about US$270 million (S$358 million) in equity financing, defying a market correction that has made it difficult for many start-ups to obtain fresh capital.
1 min
Who is stuck with Credit Suisse's worthless ATI bonds?
Takeover by UBS will trigger write-down of $23 billion of additional tier 1 notes
2 mins
Shareholders will absorb losses before bond holders, says MAS
It explains hierarchy in the event of a financial institution’s resolution
2 mins
Xi Jinping's takeaways Moscow visit: Key for South-east Asia
The Chinese leader’s visit has brought home some hard truths that will profoundly affect South-east Asia in the years ahead
4 mins
Future crises: How not to fight the last war
Lessons from Singapore's Covid-l9 response include planning for new scenarios and possibilities
6 mins
Bring on near-misses to avoid the financial meltdowns
Those who saw SVB's troubles coming had often seen, and learnt from, previous crises.
3 mins
Murray's half-time rant sparks comeback
The Denver Nuggets are top of the National Basketball Association's Western Conference, but they know they must not take their foot off the pedal under any circumstance.
2 mins
Sweden's 'past, present and future' returns
Sweden have welcomed back Zlatan Ibrahimovic from a knee injury ahead of their opening Euro 2024 qualifier on Friday, with the striker cheekily declaring himself \"the past, present and future\" of the side.
2 mins
TAN'S BITTERSWEET DEBUT
Defender marks bow with goals at both ends in Lions’ draw with Hong Kong
2 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
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