What's News: September 19 2015


Most Asian markets rally

Most Asian markets, some currencies and gold rallied further yesterday as investors cautiously welcomed the United States Federal Reserve's more dovish stance on interest rates. At a closely watched meeting on Thursday, Fed officials voted to keep the benchmark federal funds rate range unchanged at between 0 per cent and 0.25 per cent.


Engineering skills needed

Prime Minister Lee Hsien Loong said engineering expertise will continue to be needed in the next phase of nation-building, whether it is upgrading infrastructure, or overcoming constraints such as the lack of natural resources. He was speaking at the 30th anniversary dinner of Nanyang Technological Institute's class of 1985.


No racial hatred, warns Najib

Malaysian Prime Minister Najib Razak has warned that the government will not compromise with those who threaten the sensitivities of other races.

Protesters who had incited racial hatred at the "red shirts" rally in the heart of Kuala Lumpur will be investigated by police and may be charged under the Sedition Act.

An activist, wearing a placard on minimum wages, giving out pamphlets at a protest rally in Bangalore earlier this month. PHOTO: AGENCE FRANCE-PRESSE


Too many job-seekers, too few jobs

India's disproportionately large number of job-seekers chasing only a handful of jobs is posing a challenge for Prime Minister Narendra Modi, who swept to power last year . Capturing the worrying trend in a recent recruitment drive is Uttar Pradesh, where 2.3 million people gunned for only 368 low-level government jobs.


The 'new normal' voter

In the "new normal" of Singapore politics, expect voters to be strategic, using their votes to push for the outcome they want.

Voters' support is conditional and can change from election to election, says Professor Chan Heng Chee.


Warning lights at bus lanes

New signs with LED lights will warn motorists at problem spots to stay out of bus lanes.

The pair of circular amber lights will provide a visual cue to motorists that the bus lanes are in operation.


Patient-specific drug imports

More requests are being made to authorities to bring in new drugs which have not yet been approved, for specific patients. The drugs are usually for people with cancer or serious infectious diseases who have run out of options.


A-Reit's $1b Aussie portfolio

Ascendas Real Estate Investment Trust has entered the Australian market with a bang, buying 26 properties with over 630,000 sq m of prime institutional grade logistics space in Sydney, Melbourne, Perth and Brisbane worth $1 billion.


High stakes for Chelsea

A loss to Arsenal today could leave EPL defending champions Chelsea 14 points behind Manchester City and in the relegation zone as well as trigger the biggest crisis in Jose Mourinho's managerial career. Chelsea's shaky start to the season is a rare comfort for Arsenal manager Arsene Wenger.


Golden Horse premiere

Distance, for which Singapore's Golden Horse winner Anthony Chen is executive producer, will open the prestigious Golden Horse Film Festival in November. The Taipei screening will also be the world premiere for the anthology, which stars Taiwanese A-list actor Chen Bo-lin (photo) in three different roles in three shorts helmed separately by Singaporean director Tan Shijie, Thai film-maker Sivaroj Kongsakul and Chinese director Xin Yukun.

A version of this article appeared in the print edition of The Straits Times on September 19, 2015, with the headline 'What's News: September 19 2015'. Print Edition | Subscribe