10 must-reads for today

Indian Prime Minister Narendra Modi (centre) greeting schoolchildren during Independence Day celebrations in New Delhi yesterday. PHOTO: EPA-EFE
Indian Prime Minister Narendra Modi (centre) greeting schoolchildren during Independence Day celebrations in New Delhi yesterday. PHOTO: EPA-EFE
ST PHOTO: KHALID BABA

1 Modi hails Kashmir move

Indian Prime Minister Narendra Modi yesterday hailed his "path-breaking" move to strip Kashmir of its autonomy, as his Pakistani counterpart warned of possible "ethnic cleansing". Parts of Kashmir that India controls have been under lockdown since Aug 4.

2 Recession fears hit markets

Stock markets retreated in Singapore and several key Asian markets after a historic indicator of a recession reared its head. The yield on the United States Treasury 10-year note briefly fell below the two-year yield, signalling economic pessimism. 

3 Private home sales up 43.5% 

Developers sold 1,178 private homes in July, up 43.5 per cent from 821 in June, but lower than the 1,724 units sold in July last year before property cooling measures. Analysts said the increase showed strong demand for new homes.

4 Microplastics in the Arctic

Scientists say they have found an abundance of tiny plastic particles in Arctic snow, indicating that microplastics are being sucked into the atmosphere and carried long distances to some of the remotest corners of the planet. 

5 Fallout of Trump's actions 

The bond market warning is just one danger for Asian economies as President Donald Trump zigs and zags in his handling of United States economic policy while fighting a trade war with China, says journalist William Pesek. 

6 SGH Burn Centre reopens

Singapore General Hospital opened its upgraded Burn Centre yesterday after $6 million, 15-month upgrading works. The Ministry of Health also said it would redevelop burns capability in other hospitals. 

7 CAAS: Simplify processes

The Civil Aviation Authority of Singapore's director-general urged the aviation industry to improve and simplify its processes or face the difficult task of hiring thousands more skilled workers in the next decade.

8 Big jump in fintech funding

Financial technology (Fintech) investments in Singapore nearly quadrupled in the first half of this year compared with the same period last year. This puts the country as the third-largest fintech market by funds in the Asia-Pacific, just behind China and India, according to new research. 

9 MGS reign in squash

With the boisterous crowd behind them, Methodist Girls' School (girl in dark blue) romped to their third consecutive Schools National C Division squash title by thrashing National Junior College 4-1 at the Kallang Squash Centre yesterday. 

10 Fans worry about boy band

Fans of South Korean boy band Got7 are urging the group to cancel its concerts in Hong Kong on Aug 31 and Sept 1, fearing for the safety of band member Jackson Wang, who is known for his pro-Beijing views. The worry arose after the group's arrival time in Hong Kong, which has been hit by demonstrations, was reportedly leaked. 


Straits Times Digital

VIDEO

Hangout with ST

We meet the couple whose newest family member - their seventh child - arrived on National Day, and catch up with local actor-comedian Hossan Leong, who shares more about his last solo show. http://str.sg/hangout77

VIDEO

Supportive workplaces 'critical'

Since April, the Government has been gathering views of Singaporeans on marriage and parenthood through online polls. Manpower Minister Josephine Teo talks about some of the findings. http://str.sg/havekids

A version of this article appeared in the print edition of The Straits Times on August 16, 2019, with the headline '10 must-reads for today'. Print Edition | Subscribe