Why It Matters
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Every day on Page 2 of The Straits Times, reporters write about why certain news reports matter to readers. This is a weekly round-up.
The shutdown of Swiss private bank BSI on May 25 demonstrated the close cooperation between the Monetary Authority of Singapore and Switzerland's Financial Market Supervisory Authority, said business writer Grace Leong. http://str.sg/4J8K
United States President Barack Obama's trip to Vietnam lays to rest the ghosts of the Cold War and highlights America's immense soft power in the region, associate editor (global affairs) Ravi Velloor noted. http://str.sg/4JWD
Malaysia has grand plans to turn Kuala Lumpur International Airport into an aviation hub. But aviation correspondent Karamjit Kaur pointed out that Singapore is already planning more handling capacity to make sure the Republic will grow as an air hub. http://str.sg/4JY9
The Zika virus has been found in 279 pregnant women in the US and its territories. US correspondent Melissa Sim said this has prompted calls for more, and faster, action from public health officials to curb the spread of the disease in the country. http://str.sg/4JcX
The collective sale of Shunfu Ville for $638 million may have been heartening news for other ageing condominium complexes hoping for a windfall, but business reporter Rennie Whang said this sale may be the exception rather than a sign of a new spark in the collective sale market. http://str.sg/4J54
