What's Next: May 20, 2016

Taiwan's President-elect Tsai Ing-wen at a press conference in Taipei on April 22, 2016.
Taiwan's President-elect Tsai Ing-wen at a press conference in Taipei on April 22, 2016. PHOTO: AFP

All eyes on Tsai's inauguration speech

Taiwan's Beijing-sceptic President-elect Tsai Ing-wen is set to be sworn in today, with all eyes glued on her inauguration speech.

Earlier reports said she would avoid provoking China and leave out her stance on the 1992 consensus, a tacit agreement between Beijing and Taipei that there is only one China, with each having its own interpretation of what that means.

Kids to present transport staff with gifts

About 500 children will be at bus interchanges and MRT stations around Singapore today, to show their appreciation to bus drivers and station staff for their dedicated service. The kindergarten and primary pupils, as well as secondary school students, will present them with cards and handmade gifts.

US home sales figures out today

Existing homes sales data in the United States will be released today, with investors paying close attention to US data following a report from the US Federal Reserve that showed a rate hike is on the cards next month.

Any further improvement in the US housing market could mean a stronger case for the rate hike.

A version of this article appeared in the print edition of The Straits Times on May 20, 2016, with the headline 'What's Next'. Print Edition | Subscribe