What's News: Dec 8, 2016

President Barack Obama


Deadly quake hits Aceh

At least 94 people have died, with 128 seriously injured, after a 6.5-magnitude quake struck the Sumatran province of Aceh at the crack of dawn yesterday.

The death toll is expected to rise as rescue workers race against time to find survivors trapped under hundreds of collapsed buildings.


Mortgagee sales could go up

Higher interest rates, weak growth and concerns over the job market could lead to more properties going up for auction next year. Consultancy JLL expects a 10 per cent to 20 per cent increase in mortgagee sales for next year compared with this year. 


Obama defends terror fight

President Barack Obama has used his final address on national security to defend his approach to the fight against terrorism, calling for coalition- building to continue battlefield successes while rejecting the use of torture. He also took a swipe at his successor Donald Trump who has not spelt out his counter-terrorism strategy.


China transforms neighbours

China's investment is transforming its smaller South-east Asian neighbours - namely Cambodia, Laos and Myanmar - like never before, driving some of the world's fastest economic growth rates as the East Asia giant gets costlier for its own firms.


Pisa takeaways for Singapore

The biggest value of the Programme for International Student Assessment (Pisa) test goes beyond showing how students worldwide fare in maths, science and reading. It shows what works and what doesn't in an education system, says Sandra Davie. 


Secrets of longevity in S'pore

Duke-NUS Medical School has released the results of a study which tracked about 1,000 Singaporeans 85 years old and older for over 20 years. It seeks to unlock the secrets behind their longevity.


Travel firm's licence revoked

Sky Travel & Tours has had its travel agency licence revoked since it shut its doors abruptly on Monday, leaving customers with unfulfilled travel packages. One customer, a cleaner in her 60s, was told hours before her flight on Monday that the company had closed. 


More interest in Catalist

Interest in the Singapore Exchange's Catalist board is picking up, with at least four technology firms expected to list by the first half of next year, including a British fintech firm.

The secondary board is also attracting interest from small and medium-sized enterprises that want funding to scale up. 


Man U keen to end stalemate

A second-leg draw against Zorya Luhansk will be sufficient for Manchester United to make the Europa League knockout stages. Jose Mourinho's men are keen to end a sequence of draws, the latest being the 1-1 stalemate at Everton last weekend. United's Anthony Martial said: "We're expecting a difficult encounter." 



Seafolly doing well in S'pore

Singapore is swimwear brand Seafolly's biggest customer - at least in per sq ft terms. This is quite a feat considering that the Australian label has 2,500 stores and sales points in over 40 countries. Its chief executive officer Anthony Halas (photo), who was in Singapore last month, says that Singapore shoppers spend an average of $700 per transaction.

A version of this article appeared in the print edition of The Straits Times on December 08, 2016, with the headline 'What's News'. Print Edition | Subscribe