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Hundreds of billions of dollars were wiped off the value of global shares yesterday as panicked investors sent stock markets into a tailspin. The losses on Black Monday, as the carnage has been dubbed, have not been seen since the darkest days of the financial crisis and worse is to come, warn analysts.
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Those applying for new Housing Board flats and executive condominiums (ECs) need not worry about greater competition now that the income ceiling has been raised, as supply can be tweaked accordingly, says National Development Minister Khaw Boon Wan.
Three Americans and a Briton were awarded France's highest honour by President Francois Hollande for overpowering a suspected Islamic militant gunman on a train.
Mr Hollande praised them for preventing "a real carnage".
Private residential units in Geylang continue to be converted into unauthorised dormitories for foreign workers, checks by The Straits Times revealed. Many apartments have exposed wires, overused electrical outlets and are overcrowded - despite a spate of deadly fires in the past year.
The temple of Baal Shamin, one of the most important sites in Syria's ancient city of Palmyra, has been blown up by ISIS militants. Sunday's bombing marks the first time that the insurgents have destroyed monumental Roman-era ruins.
The Trans-Pacific Partnership is not just about economics. It is also about power politics. Its collapse would be a blow to US President Barack Obama's Asia policy and a serious setback for US regional leadership, writes By Invitation columnist Hugh White.
The former tour guide embroiled in a court tussle over control of a rich widow’s estimated $40 million in assets must wait longer to find out if he can dip into two life insurance policies to pay for his legal fees.
Inflation in Singapore fell for a ninth straight month in July due mainly to the Government's measures to cool the prices of housing and cars. Consumer prices dipped 0.4 per cent last month from the same period a year ago and followed a 0.3 per cent decline in June.
Roger Federer moved into pole position for a US Open title run on Sunday, capturing his seventh Cincinnati Masters with a dominant 7-6 (7-1), 6-3 win over tennis world No. 1 Novak Djokovic.
In the women's singles, Serena Williams finished her final US Open tune-up in style by beating Simona Halep of Romania 6-3, 7-6 (7-5).
The hugely successful British boy band One Direction will take a break next year so that the members can pursue separate interests, a report in a British newspaper said yesterday. The break will start in March after the band releases its fifth album, The Sun said, quoting a source.
Chinese sci-fi bestseller The Three-Body Problem won the 2015 Hugo Award for Best Novel on Sunday. Liu Cixin is the first Asian writer to win the Hugo Award, deemed the highest honour for science-fiction works along with the Nebula Awards. The book was published in the United States last November.