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STI down 0.1% despite record session on Wall Street overnight

The Straits Times

|

January 25, 2025

Investors focus on MAS policy, Trump's call for lower rates | Singtel tops local index while Sats is biggest decline | Regional indexes end mixed with Tokyo, KL in the red

- Ranamita Chakraborty and Romaine Chan

A record session on Wall Street overnight failed to inspire local investors, who were more focused on the Monetary Authority of Singapore (MAS) easing policy settings and US President Donald Trump calling for lower interest rates.

The mixed signals left the Straits Times Index (STI) in the doldrums, eventually dipping 0.1 per cent, or 2.31 points, to 3,804.26 on Jan 24.

PLUS D'HISTOIRES DE The Straits Times

The Straits Times

The Straits Times

UPS cuts 48,000 jobs on fewer Amazon deliveries

NEW YORK - United Parcel Service (UPS) is cutting some 48,000 jobs as part of a major reorganisation connected to a planned reduction in delivery services for Amazon packages, company officials said on Oct 28.

time to read

1 min

October 30, 2025

The Straits Times

The Straits Times

Child protection • Consider renaming agency to reinforce its enforcement role

A nation searches its soul over the brutal abuse and killing of four-year-old Megan Khung.

time to read

1 min

October 30, 2025

The Straits Times

S'pore investing in field of embodied Al

Of the two cohorts supported so far, six startups are based in Singapore, reflecting how local innovators are helping to shape the region's low-carbon transition, said DPM Gan.

time to read

2 mins

October 30, 2025

The Straits Times

KL's ban on raw rare earths exports remains despite US deal: Minister

KUALA LUMPUR - Malaysia will maintain a ban on the export of raw rare earths to protect its domestic resources, despite signing a critical minerals deal with the US this week, the investment, trade and industry minister said on Oct 29.

time to read

1 min

October 30, 2025

The Straits Times

At least 132 killed in Brazil police raids in Rio ahead of COP30

Eighty-one arrested in operation described by state govt as largest to target major gang

time to read

2 mins

October 30, 2025

The Straits Times

Enlivening S’pore’s north, helping shops digitalise among ideas being studied by RTS Link task force

Rejuvenating neighbourhoods in Singapore’s north and supporting businesses through promotions and digitalisation are some plans being explored by a task force helping Singaporeans and local businesses seize opportunities from the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.

time to read

3 mins

October 30, 2025

The Straits Times

Nasa tests ‘quiet’ supersonic jet in quest for faster passenger air travel

- Nasa’s X-59 Quesst supersonic-but-quiet jet soared over the Southern California desert on Oct 28 in the first test flight of an experimental aircraft designed to break the sound barrier with little noise, paving the way for faster commercial air travel.

time to read

2 mins

October 30, 2025

The Straits Times

Repetitive dullness snuffs out A House Of Dynamite

A HOUSE OF DYNAMITE (M18) 115 minutes, available on Netflix ★★☆☆☆ The story: A missile, possibly armed with a nuclear payload, launches from Asia and is headed towards the United States. Impact is expected in minutes. In the White House situation room, Captain Walker (Rebecca Ferguson) tries to work out the origins of the launch and the reasons for it. At the same time, at a military command centre in Nebraska, General Brady (Tracy Letts) weighs his options. Walker and Brady report their findings to the US President (Idris Elba) and Secretary of Defence Baker (Jared Harris). As minutes tick by, officials are forced to consider the unthinkable: a retaliatory nuclear strike.

time to read

1 mins

October 30, 2025

The Straits Times

What Asean and buoyant Manchester United have in common

Years of underachievement, now a moment in the sun. For both, the hard part comes next.

time to read

4 mins

October 30, 2025

The Straits Times

Advertising Extend SkillsFuture safeguards to financial marketing

I refer to your Oct 8 report “SkillsFuture training providers barred from using third-party promoters from Dec 1”.

time to read

1 min

October 30, 2025

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