TOP OF THE NEWS
Singapore and Malaysia took a concrete step yesterday in getting the high-speed rail project started. Both sides signed a memorandum of understanding that set out several points of agreement, including setting a target deadline to get it running in 10 years.
TOP OF THE NEWS
The longest trading outage in the Singapore Exchange's (SGX) history was triggered by disk failure and a software application that did not detect the problem. Attempts to reopen the market last Thursday were stymied by problems in the orders and trade confirmation process, the SGX said yesterday.
Santoso, Indonesia's most wanted terrorist, is dead, the Indonesian authorities confirmed yesterday. The leader of terrorist group East Indonesia Mujahideen, who had pledged allegiance to the Islamic State in Iraq and Syria, was killed on Monday during a gunfight with troops in Poso, Central Sulawesi.
A Taiwanese bus taking mainland Chinese tourists to the airport for their flight home caught fire and crashed yesterday, killing all 26 on board as desperate passengers struggled in vain to escape. The bus had rammed into an expressway barrier near Taipei.
Brexit may prompt European banks to look east to Asia, writes Sam Ahmed. It could be a good match: The region's vigour would bring new life to moribund Europeans, while the latter's savvy with riskier products has its own attractions.
The Step-Up Centre, which helps drug offenders re-integrate into society, will be officially launched next week. The centre in Sengkang has provided counselling, mediation and financial aid for hundreds of people.
Singapore has asked Thailand for its help in repatriating the Canadian suspected to have robbed the Standard Chartered Bank in Holland Village. The Singapore authorities said that if Thailand cannot return David James Roach here, they will pursue his return from whichever country he is sent to.
Wong Fong Industries launched its initial public offering (IPO) for listing on the Singapore Exchange's Catalist board yesterday. It is the latest to join an IPO scene that is heating up. Three other companies - United Global, Procurri Corporation and Katrina Group - launched IPOs this month, with EC World Reit soon to follow.
New Manchester United recruit Zlatan Ibrahimovic, who is never short of self-confidence, wants to be the "god" of Old Trafford. Former Red Devil Eric Cantona, known as "the king", told the Swede that he would not be able to usurp the title but could become the club's prince. Ibrahimovic replied: "I won't be king of Manchester. I will be god of Manchester."
When local music act The Freshman was composing the theme song for the telemovie, The Provision Shop, which portrays how tensions in a community are resolved, the members tried not to make it sound too much like a National Day Parade song.
Singer Taylor Swift denies she signed off on the lyrics of Kanye West's song Famous, although his wife Kim Kardashian released footage on Snapchat that appeared to show a phone call between Swift and West as proof that the songstress approved the lyrics before the song was released. But making that recording may have violated state wiretap laws.