What's News: Aug 4, 2015

Mr Shin Dong Bin (centre), the younger son of Lotte founder Shin Kyuk Ho, surrounded by the media in Seoul yesterday.
Mr Shin Dong Bin (centre), the younger son of Lotte founder Shin Kyuk Ho, surrounded by the media in Seoul yesterday.PHOTO: REUTERS

TOP OF THE NEWS

Bus, train fares to come down

Bus and train fares will be reduced by as much as 1.9 per cent in December to reflect falling fuel costs, Transport Minister Lui Tuck Yew said yesterday.

This marks the first time that fares have been reduced since 2010.


MND appeal: No decision yet

After a four-hour court hearing yesterday, the Court of Appeal said it will give its decision at a later date on whether to uphold a High Court decision that rejects the National Development Ministry's bid for the court to appoint accountants at the town council run by the Workers' Party.


'Funds from donors, not 1MDB'

Malaysia's anti-corruption body yesterday quashed reports that the US$700 million (S$960 million) deposited into Prime Minister Najib Razak's (photo) accounts came from state fund 1MDB, saying it came from donations instead.


WORLD

Son ousts father at Lotte Group

Retail giant Lotte Group was rocked by a family feud, which saw Mr Shin Dong Bin, the younger son of the conglomerate's founder Shin Kyuk Ho, dethrone his 92-year-old father. The unfolding drama would intensify Koreans' aversion to chaebol, media reported.


OPINION

Lessons from ancient route

A 21st-century Maritime Silk Road is a flagship project of Chinese President Xi Jinping. There are two lessons to be learnt from that old sea route: the need for freedom of navigation and the importance of multiculturalism, writes Professor Tommy Koh.


HOME

Shorter wait with more trains

Commuters can expect shorter waiting times, with plans to add more trains to the Circle and North-East lines. Seven trains have already been added to the Circle Line since June 24, as part of a plan to roll out 24 new trains by the middle of next year.


BUSINESS

Noble shares rally

Noble Group shares enjoyed a modest rally yesterday on news that a white knight may be in the wings with financing, as the beleaguered commodity giant continues to battle a volatile share price and criticisms.


SPORT

Park wins British Open

South Korean golfer Park In Bee claimed her seventh Major title on Sunday, when she carded a record-equalling final round of 65 to win the Women's British Open.

It is the 27-year-old world No. 1's second Major title of the season to set alongside her third successive LPGA Championship in June.


LIFE

7 Letters at the cinemas

The acclaimed short film anthology 7 Letters, directed by seven of Singapore's most prominent film-makers, including Royston Tan (photo), to celebrate SG50, will be released in seven Golden Village cinemas for one week from Aug 20 to 26. Normal prices to the screenings apply.


Art to mark SG50

Galleries are commissioning works and presenting specially curated shows to mark Singapore's 50th anniversary. Among these are two significant gallery shows: the return of the headline-grabbing Singapore Survey at Artspace at Helutrans, and Sundaram Tagore Gallery's first group show of Singapore artists, Dear Painter.


What it should have been

Last Thursday's report, "Cleaner tells of drug syndicate with 600 runners", stated that a Malaysian offender was spared the gallows and jailed for life after the court deemed him merely a courier. The Ministry of Home Affairs has clarified that to be spared the death penalty, the courier must also have cooperated with the Central Narcotics Bureau in a substantive way, or have a mental disability which substantially impairs his appreciation of the gravity of the act.

A version of this article appeared in the print edition of The Straits Times on August 04, 2015, with the headline 'What'sNews'. Print Edition | Subscribe