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Malaysian Prime Minister Najib Razak yesterday announced a RM20 billion (S$6.6 billion) lifeline for Malaysia's battered stock market, sending shares surging, even as the state investor 1MDB scandal continues to weigh on the economy. The cash infusion is one of several measures formulated by the three-week-old Special Economic Committee.
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Zouk, the iconic nightclub in Jiak Kim Street, is up for sale to the highest bidder, says its founder Lincoln Cheng, who adds that there have been at least four offers for it.
Observers say the club - often in the list of the world's top 10 nightclubs - would have an eight-figure value on it. It was valued at $40 million in 2013.
China is set for reportedly the most ambitious overhaul of its state sector in more than two decades by introducing private investment. But experts say the plan, which still prioritises the Communist Party's desire to control state-owned enterprises, could send a "mixed message" instead.
Large plantations have been blamed for the forest fires in Sumatra and Kalimantan, but the situation is more complex, involving some small and mid-size landowners clearing forest to grab land. Some officials say large firms pay third parties to start fires. The Straits Times investigates.
In a more fluid external political environment, aspirants to political office in Singapore need to develop an awareness of Singapore's external challenges and vulnerabilities, writes By Invitation columnist Barry Desker.
The two most senior leaders of City Harvest Church are liars and men without credibility, the prosecution said yesterday as it highlighted the contradictions in evidence given by senior pastors Kong Hee and Tan Ye Peng. They and four others are accused of misappropriating church funds.
A man, who had a grudge against another man, marshalled a group and supplied them with weapons to kill him. Mohamed Azhar Ayoob then fled to Malaysia, living freely until he was caught for drug offences. He will serve time for the assault he started 13 years ago.
Singapore's key short-term interest rate surged to a new seven-year high as investors prepare for the first possible US interest rate hike in almost a decade. The three-month Singapore interbank offered rate surged to 1.131 per cent - its highest level since November 2008.
New Zealand Prime Minister John Key led the congratulations yesterday after 18-year-old Lydia Ko made golfing history on Sunday as the youngest winner of a women's Major title. The Seoul-born Kiwi golfer already has 13 professional wins to her name, and appears to be well on her way to breaking more records.
After a career spent making movies, Malaysian-born action star Michelle Yeoh takes a stab at the small screen, playing the wife of the British Ambassador to Thailand in the action series Strike Back.
But, of course, no one casts Yeoh to play just a wife. The character is a double agent and a villain.
Nepalese-American designer to the A-list Prabal Gurung poured his heart onto the runway with a deeply personal New York show, paying tribute to his homeland following the devastating earthquake.
His spring/summer 2016 edition is one of the highlights on day four of the city's fashion week.