What's News: December 23, 2015

Undergraduate John Ang (left), 22, and full-time national serviceman Calvin Wong (right), 20, cycling on Sentosa's new on-road cycling lanes on Dec 21, 2015.
Undergraduate John Ang (left), 22, and full-time national serviceman Calvin Wong (right), 20, cycling on Sentosa's new on-road cycling lanes on Dec 21, 2015. ST PHOTO: LAU FOOK KONG

TOP OF THE NEWS

First on-road bike lanes

Sentosa now boasts Singapore's first on-road cycle lanes, as the country looks to encourage pedal power. The Sentosa Development Corporation has started work on a network of bright green routes that are due to be completed by the middle of next year. The Government plans to create a cycling network spanning 700km by 2030.

TOP OF THE NEWS

Rush to refinance mortgages

The threat of rising interest rates is prompting more home owners to refinance their mortgages by tying them to fixed deposit rates. DBS Bank said its 18-month fixed deposit home loan package makes up 80 per cent of its new bookings.


Rescuers at work near a collapsed house in Shenzhen yesterday. PHOTO: REUTERS

WORLD

Public outrage in Shenzhen

Public anger is mounting in the wake of the massive landslide in Shenzhen, with survivors demanding that someone be held accountable for the "man-made" tragedy. The authorities have raided the offices of a company that could be responsible. Rescuers have pulled out the first casualty and 76 people are still missing.

WORLD

Modi in Russia to boost ties

Indian Prime Minister Narendra Modi starts a two-day visit to Russia today, aimed at reinvigorating an old friendship overshadowed by New Delhi's growing ties with the United States. Mr Modi is expected to hold talks with Russian President Vladimir Putin.

OPINION

Buy - and not be bought up

2015 is a year of mergers and consolidation. Local companies have to buck up and be less timid about mergers - or they could end up being the ones bought up, not the ones doing the buying to build up scale in their industries, says Business Editor Lee Su Shyan.

HOME

LTA on Stevens station issue

Commuters will not have to pay extra if they tap into the wrong platform at the new Stevens station and have to tap out again to get to the right one, the Land Transport Authority assured ahead of the Downtown Line 2's opening.

HOME

DBS probing log-in disruption

Customers of DBS could not log into online services for three hours yesterday, sparking an investigation by the bank. Users who typed in a one-time password received an error message saying they had entered the wrong one. The downtime is believed to have been caused by system issues.

BUSINESS

The Verge sold for $317m

The Verge is being sold for $317 million to be redeveloped into a mixed project, including a mall and serviced apartments. The buyer of the former Tekka Mall is Mr Keith Tang, the chairman of privately held hospitality company Heritage Group and grandson of the late founder of Tangs department store, Mr Tang Choon Keng.


Arsenal's Olivier Giroud scored one of the two goals in the Gunners' 2-1 victory over Manchester City. PHOTO: EUROPEAN PRESSPHOTO AGENCY

SPORT

Arsenal's EPL title hopes ignited by win over Man City

Arsenal manager Arsene Wenger heaped praise on his team after their 2-1 victory over Manchester City on Monday, and said beating a fellow title contender had strengthened belief within the club that they can be Premier League champions for the first time since 2004.


PHOTO: WALT DISNEY STUDIOS

LIFE

Don't say never to spoilers

Star Wars fans all over the world have generally managed to keep mum about The Force Awakens' (above) shocking twist, even almost a week after its theatrical release. But movies and TV shows should be open to detailed analysis and discussion, and not only months or even years later.

A version of this article appeared in the print edition of The Straits Times on December 23, 2015, with the headline 'What's News: December 23, 2015'. Print Edition | Subscribe