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Singapore's exporters suffered yet another bleak month in October as a hoped-for lift towards the end of the year failed to materialise. Non-oil domestic exports sank 12 per cent last month over a year earlier, worse than market expectations of a 3 per cent slide.
TOP OF THE NEWS
Foreign banks in Malaysia are trying to work out how to comply with the central bank's clampdown on offshore ringgit trading, a move the broader market views as a form of capital control, causing the ringgit to fall nearly 1 per cent yesterday to a fresh 11-month low of 4.385 against the US dollar.
India announced new measures yesterday to let farmers and marrying couples withdraw more money from banks, as frustration grew over a cash crisis triggered by the withdrawal of all high-value notes. The government has placed a weekly limit of 24,000 rupees (S$500) on withdrawals as banks struggle with a cash shortage.
During the AFF Cup in 2002, then trainees Shahril Ishak, Hassan Sunny, Juma'at Jantan and Baihakki Khaizan witnessed from the stands the 4-0 defeat by Malaysia. They are now senior members of the squad for the same cup. Shahril cautions that Singapore should never be written off.
Two former Hong Kong lawmakers, who were stripped of their posts over their derogatory remarks against China, said they were surprised by Beijing's move to disqualify them. They said they were not the first legislators to have altered their swearing-in oaths.
As Asia awaits Mr Donald Trump, it might be wise to hold off on the panic, says associate editor Ravi Velloor. It may even be premature to write off the trans-Pacific trade deal as Mr Trump's comments since his win suggest an openness to adjust his campaign positions.
A six-year study led by scientists in Singapore claims to have discovered chemical changes in the brains of autistic people - a finding that could pave the way for the first drug to treat the condition. The brain development disorder affects about one in 100 people.
Doctors are seeking clarity about new rules from January on fees they pay third-party administrators (TPAs) for services such as billing patients. Most TPAs charge a percentage of the bill but the new rules say fees must not be based primarily on services provided.
The private sector and the Government must strengthen their relationship to ensure the best outcome for Singapore's development, said National Development Minister Lawrence Wong yesterday. One partnership model under study is a "master developer" approach for developing new districts.
At the Amoy Street Bloc Party this Sunday, partygoers can try out food from swanky Amoy Street eateries and cocktails from top bars at a discount. A small section of the street, from Gemmill Lane to Boon Tat Street, will be closed to traffic from 3pm to 10pm. The party will take place, rain or shine.
When singer-songwriter Leonard Cohen's family announced last week that he had died, no reason was given. On Wednesday, his manager Robert Kory said Cohen (photo), who was 82, died during his sleep following a fall in the middle of the night on Nov 7.