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Malaysia says multilateral power deal delayed by Thai politics, renewal expected next month
[KUALA LUMPUR] Thailand has delayed renewing a South-east Asian multilateral power trade deal due to local political changes, Malaysia’s energy minister said on Friday (Oct 17).The Lao PDR-Thailand-Malaysia-Singapore (LTMS)...
Hong Kong won’t impose special port fees despite US-China spat
[HONG KONG] Hong Kong will not start imposing port fees targeting individual countries, despite China and the US charging special levies aimed at one another’s ships.The Hong Kong Special...
Cincinnati Taco Bell Employee Fatally Shoots Manager a Day After Being Fired from the Job
A man has been arrested over the fatal shooting of his Taco Bell manager in Cincinnati, Ohio.Prosecutors revealed in court this week that Jonathan Morris, 21, was fired from...
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years[NEW YORK/LONDON/SINGAPORE] A clutch of bad loans at banks in recent weeks has...
HSBC expects gold’s ‘bull wave’ to hit US$5,000 an ounce in 2026
The bank has cited geopolitical risks, economic policy uncertainty and rising public debt as factors supporting the price[BENGALURU] HSBC on Friday (Oct 17) forecast that gold’s bull rally would...
Oil set for weekly loss as global conflicts ease, signs of glut emerge
[HOUSTON] Oil prices managed small gains on Friday (Oct 17) but were headed for a weekly loss of nearly 3 per cent after the IEA forecast a growing glut...
Europe: Stocks fall as US bank jitters spark flight to safety
[BENGALURU] European shares fell on Friday (Oct 17), as signs of credit stress at US regional lenders unnerved investors and drove them into safe-haven assets.The continent-wide Stoxx 600 index...
Singapore Driver Arrested After Running Red Light, Crashing into Another Lorry and Injuring 21 People
A 24-year-old truck driver was arrested after he ran a red light and struck another truck, injuring 21 persons.On Friday, October 17, the police said that the incident took...
Singapore: 74 Arrested, 2.5Kg of Cannabis Seized in Five-Day Islandwide Drug Bust
The Central Narcotics Bureau (CNB) arrested 74 people in a five-day drug bust and seized over 2.5kg of cannabis, among other drugs.CNB said in a statement on Friday, October...
US: Wall Street ends higher as investors digest Trump trade comments