Nobel Physics Prize winner
The Nobel Physics Prize will be announced today, with the discovery of gravitational waves mentioned as a possible winner. Sending ripples through space and time, gravitational waves were first predicted by Albert Einstein a century ago as part of his Theory of General Relativity, but the first hard evidence of their existence came only in 2015. That discovery could, however, be considered too recent by the Nobel committee.
ST Engineering will launch an engineering-based incubator today, touted as the first of its kind. Called the Innosparks Open Innovation Lab, it will feature a programme that helps individuals or start-ups shorten the process of turning their ideas into viable products. The launch will be officiated by Minister for Trade and Industry (Industry) S. Iswaran.
Australia to unveil interest rate policy
The Australian central bank is expected to announce its interest rate policy following its board meeting for this month, held today.
The Reserve Bank of Australia is expected to leave interest rates unchanged for a 14th straight month as it waits for signs of a gradual improvement in economic growth to play out more clearly.