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September 23, 2017 8:07 PM North Korea says strike on US is 'inevitable' as Pentagon flies bombers off coast

North Korea's foreign minister called U.S. President Donald Trump "a mentally deranged person full of megalomania" and promised a strike on the American mainland was "inevitable" in a blistering speech to the United Nations General Assembly Saturday. The address by Ri Yong Ho began as the Pentagon announced that it had flown bombers and fighter escorts 2

September 22, 2017 9:00 PM May calls for 2-year transition after Brexit

But British PM's concessions to EU may still not be enough to move stalled negotiations FLORENCE • British Prime Minister Theresa May called yesterday for Britain to stay in the European Union's single market during a roughly two-year transition out of the EU, while offering concessions on a divorce deal as she appealed for a revival of Brexit negotiations 3

September 22, 2017 2:44 PM Britain's May calls for post-Brexit transition in single market

FLORENCE: Prime Minister Theresa May called on Friday (Sep 22) for Britain to stay in the European Union's single market during a roughly two-year transition out of the EU while offering concessions on a divorce deal as she appealed for a revival of Brexit negotiations. In a speech in a 14th century church in Florence, May spent much of the speech drawing 3

September 22, 2017 12:35 PM May seeks Florentine renaissance for deadlocked Brexit talks

FLORENCE, Italy (Reuters) - British Prime Minister Theresa May will try to rescue stalled Brexit talks on Friday and set out a vision for future ties in a speech in the Italian city of Florence she hopes will convince the European Union she is ready to cut a fair divorce deal. Europe’s capitals and boardrooms will be watching to see if May can offer 3

September 20, 2017 11:51 AM 2,100 jobs in electronics sector to be created by 2020

SINGAPORE — Up to 2,100 new jobs are expected to be created for professionals, managers, executives and technicians (PMETs) in Singapore’s electronics manufacturing sector by 2020, said Minister for Trade and Industry (Industry) S Iswaran on Wednesday (Sept 20). Speaking at the official launch of JTC nanoSpace @ Tampines, Mr Iswaran unveiled the Industry 4

September 19, 2017 9:00 PM How Singapore-China ties have kept up with the times

China is undergoing a big rejuvenation as its tech-based businesses lead the world. A successful China is good for Singapore and the world, says PM Lee. Singapore Prime Minister Lee Hsien Loong is on an official visit to China which started yesterday and ends tomorrow. These are highlights from an interview in Mandarin he gave to Xinhuanet last Saturday 3

September 18, 2017 4:30 PM EU regulators approve RBS plan to help challenger banks

BRUSSELS - EU state aid regulators formally approved on Monday a British plan allowing bailed-out lender Royal Bank of Scotland to fund about 835 million pounds ($1.1 billion) to boost competition by helping challenger banks. The British government had reached an agreement in principle with the European Commission on July 26 after RBS failed to sell a business 3

September 18, 2017 2:15 PM Reuters surveys UK financial services jobs post-Brexit

LONDON - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Reuters approached 158 banks, asset managers, private equity firms, insurers and exchanges with UK operations 3

September 18, 2017 5:18 AM Mahathir: Forex trading started without my knowledge

Former PM says he was told by the late BNM governor Jaffar Hussein that forex trading was aimed at strengthening the central bank’s reserves and stabilising the ringgit. PUTRAJAYA: Dr Mahathir Mohamad said Bank Negara Malaysia (BNM) conducted forex trading in the late 1980s without his knowledge, the Royal Commission of Inquiry (RCI) heard today 6

September 18, 2017 5:16 AM I was not informed of BNM's forex trading policy changes in 1980s, Tun Daim says

PUTRAJAYA (Sept 18): Former finance minister Tun Abdul Daim Haji Zainuddin told the Royal Commission of Inquiry (RCI) that he was not aware of any policy changes by Bank Negara Malaysia (BNM) with regards to its approach to foreign exchange (forex) trading after 1985. "I was not informed by the bank of any changes in policy [regarding forex trading which 4