What's News: August 29, 2015

Malaysia's PM Najib Razak addressing a press conference at his office in Putrajaya. PHOTO: AFP

TOP OF THE NEWS

Rally organisers criticised

In an audio recording on his blog, Malaysian Prime Minister Najib Razak criticised the organisers of this weekend's Bersih rally. He said the country's Independence Day should not be a platform for airing political differences. The Bersih rally, which protests against Datuk Seri Najib's alleged bid to muzzle criticism of his administration, will clash with Independence Day parade rehearsals.

TOP OF THE NEWS

Asian markets on the mend

Bourses across Asia rebounded yesterday, capping a volatile week best described as bipolar, on a high note. But most could not reverse the damage wrought by Black Monday's savage global selloff, and posted losses for the week.

North Korean leader Kim Jong Un at the Central Military Commission. PHOTO: EUROPEAN PRESSPHOTO AGENCY

WORLD

N. Korea sacks top officials

North Korean leader Kim Jong Un fired officials from the country's top military decision-making body yesterday, just days after the two Koreas reached an uneasy truce over a mine blast. Neither names nor reasons were given but there was speculation that the move was made in response to the truce.

WORLD

Threat to Asia's coastal cities

Asia is building coastal megacities without enough regard for the growing threat of powerful storms, insurers and disaster risk experts say. Of the world's 10 cities most exposed to coastal flooding, Asia is expected to have eight, including Mumbai and Tianjin.

OPINION

No China economic collapse

Behind all the panic this week in stock markets was heightened concern over the health of the Chinese economy. No, the world's second-largest economy is not on the verge of an imminent collapse, says China watcher and economist John Wong.

Sky Urban Solutions' farm in Lim Chu Kang houses 1,000 vertical farming towers and produces 800kg of greens. ST PHOTO: JAMIE KOH

HOME

Local firm bags global award for farming system

A vertical farming system that can grow 10 times as many vegetables as traditional methods has won a local firm a prestigious design award.

Sky Urban Solutions received the biennial INDEX: Award in Denmark on Thursday night.

HOME

Govt looking at ex-poly site

The Bestway Building near Shenton Way, the former site of Singapore Polytechnic, is "being studied for conservation", said the authorities, after a Straits Times reader expressed concern that the building might be demolished.

HOME

Need to reach out to seniors

The Action Plan for Successful Ageing must appeal to senior citizens with a wide range of interests, as well as those who are socially isolated, experts say. The plan aims to let Singaporeans learn, volunteer and live independently long after retirement.

BUSINESS

Mitsubishi buying Olam stake

The share price of agri-business Olam International surged as much as 13 per cent yesterday, as investors gave a big thumbs up to news that Japanese trading giant Mitsubishi Corporation is buying a 20 per cent stake worth $1.53 billion in the mainboard-listed company.

SPORT

Top cyclist enlists new coach

Singapore's top woman cyclist Dinah Chan is training in Queensland under Australia's Sara Carrigan, the 2004 Olympic gold medallist in the women's road race. Chan's coach Daniel Loy, who will be moving to Britain, put her in touch with the Australian, who has only good things to say about her new protege.

PHOTO: MEDIACORP

LIFE

From music video to movie

The local hit music video Unbelievable has inspired a movie titled Mr Unbelievable, starring the tune's singer, Chen Tianwen (above). The $1 million production will start filming next month and is slated for release in December. The music video, from an episode of Channel 5 show Spouse For House, became an overnight hit when it was released online in April.

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A version of this article appeared in the print edition of The Straits Times on August 29, 2015, with the headline What's News: August 29, 2015. Subscribe