What's News: February 17, 2017

PHOTO: AGENCE FRANCE-PRESSE
PHOTO: TAMIL MURASU

TOP OF THE NEWS

Family earnings from work up

Families earned more from work last year, but the rise in their monthly income was smaller than in the previous year, figures released by the Statistics Department show. Income inequality in Singapore last year was also at its lowest in a decade, as households with the highest incomes experienced the biggest slump in wage growth. 

TOP OF THE NEWS

Expanding abroad a winner

Expanding into markets abroad has paid off for companies here, with overseas revenue growing at a faster rate, according to International Enterprise Singapore. It found in a survey that turnover from abroad increased 4.2 per cent last year compared with 2015 and outpaced the total revenue growth of 1.3 per cent for 2016. 

WORLD

Putin seeks intelligence ties

President Vladimir Putin yesterday called for Russia's intelligence agencies to bolster ties with their American counterparts in the fight against terrorism. This comes even as US President Donald Trump looks to appoint an ally, billionaire Stephen Feinberg, to review his own spy agencies. 

WORLD

ADHD a brain disorder: Study

People with attention deficit hyperactivity disorder (ADHD) have slightly smaller brains than those without the condition, said a study. It said the brains of people with ADHD also had "structural differences", with evidence of delayed development. 

OPINION

End drilling culture in schools

Singapore's primary school kids are busier than a McKinsey consultant, writes Bobby Jayaraman, who used to work at McKinsey and is now an investment professional and tutor to his young son. It is time to end the drilling of English and maths for the sake of the country, he says. 

HOME

Smuggling tactics a concern

Even though the number of contraband cases detected dropped by 8 per cent last year, the Immigration and Checkpoints Authority said it remains concerned that terrorists may use tactics employed by smugglers to bring in dangerous materials.

HOME

Income gap narrows

The gap between top and bottom earners was at its lowest in a decade last year, but observers said more can still be done. The bottom 10 per cent of households with at least one working member saw income going up by 1.4 per cent per household member. 

BUSINESS

DBS net profit down 9%

DBS Group Holdings yesterday reported its lowest quarterly profit in two years, as the impact of oil- and gas-related loans continued to beset the bank. Net profit slid 9 per cent to $913 million for the three months ended Dec 31, even as revenue gained 5 per cent to $2.78 billion. 

SPORT

Gunners lost it, admits Wenger

Arsenal manager Arsene Wenger conceded his side had "collapsed mentally" in their 5-1 Champions League rout by Bayern Munich on Wednesday. As the Gunners faced a seventh last-16 exit in a row, former England striker Gary Lineker called the side "rudderless". Deflecting questions about his prospects at the club, Wenger focused only on his disappointment at the loss. 

LIFE

Singing voice of superstar

Sripathi Panditaradhyula Balasubrahmanyam, responsible for the on-screen singing voice of Indian superstar actor Rajinikanth, needed his son to nudge him into holding a 50th anniversary tour to thank his fans. He will perform here tonight as part of the tour.

A version of this article appeared in the print edition of The Straits Times on February 17, 2017, with the headline 'What's News'. Print Edition | Subscribe