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November 8, 2017 5:25 PM UK regulator plans to ban former Libor trader Tom Hayes

LONDON - Britain's markets regulator said on Wednesday it plans to ban convicted former Libor trader Tom Hayes from the financial services industry because he is not a "fit and proper person". The Financial Conduct Authority (FCA) said Hayes, who has been sentenced to 11 years in jail for interest rate benchmark manipulation, disputes the decision and is appealling 275

November 7, 2017 10:30 AM Singapore Airlines Q2 net profit nearly triples to S$190 million

SINGAPORE — Singapore Airlines Ltd said on Tuesday (Nov 7) second-quarter net profit nearly tripled on the back of stronger operating results. The carrier, a benchmark for Asia's full-service airline industry, earned S$190 million (US$139.26 million) in the three months to Sept. 30, up from S$65 million a year before, it said in a stock exchange filing 291

November 2, 2017 11:02 AM Singapore Air splurges S$1.15 billion to redefine luxury with revamped A380 cabins

SINGAPORE — Singapore Airlines Ltd, the first carrier to put a double bed in its cabins, is spending US$850 million (S$1.15 billion) to refit all its Airbus SE A380 jets to take airborne luxury up another notch. The airline on Thursday unveiled its first major overhaul across cabin classes of its Airbus SE A380s since 2007, when it became the first carrier 140

November 2, 2017 5:34 AM Japan 'serial killer' said to be quiet child turned sex trade scout

TOKYO: Takahiro Shiraishi, the Japanese man who has reportedly confessed to murdering and hacking up nine young people in his Tokyo bathroom, was said to be a quiet schoolboy who would grow up to work on the fringes of the sex industry and become a suspected serial killer. Pictures of the 27-year-old show an ordinary-looking man with neat, dark hair and glasses 122

November 2, 2017 2:30 AM SIA's new A-380s to offer better seats and carry more economy, premium economy passengers

SINGAPORE - Singapore Airlines (SIA) has revealed - as it unveiled new seats and other in-flight products as part of a US$850 million (S$1.16 billion) investment - that its Airbus 380s will carry more economy and premium economy passengers than they do now. This, though, will not be at the expense of customer comfort and convenience, the airline said. The first 118

November 1, 2017 9:00 PM Case for sensitive approach to maintaining monuments

Today's article marks the end of The Straits Times' weekly Heritage Gems series on Singapore's 72 national monuments. For more than a year, ST has shone the spotlight on the architecture of these monuments, as well as the people whose personal histories were intertwined with them. The monuments range from the former Keng Teck Whay Building, previously 120

November 1, 2017 8:34 PM US stocks end mostly higher as Fed keeps rates unchanged

NEW YORK: Wall Street stocks finished mostly higher on Wednesday (Nov 1) following another round of solid US data and an upbeat appraisal on economic conditions by the Federal Reserve. The Fed, as expected, kept interest rates unchanged as it reported the US was growing at a "solid pace" and was not significantly dented by Hurricanes Harvey and Irma. That statement 111

November 1, 2017 3:07 PM 848 more HDB blocks to be installed with solar panels

SINGAPORE – Around 850 additional Housing Development Board (HDB) blocks and 27 government sites will be equipped with solar panels by mid-2020. The HDB and the Singapore Economic Board (EDB) launched its third bulk tender for solar panels on Wednesday (Nov 1). It is the largest tender under the SolarNova programme, which aims to spur growth of Singapore’s 101

November 1, 2017 3:42 AM MAS issues prohibition orders against individuals involved in 1MDB-related breaches

SINGAPORE: The Monetary Authority of Singapore (MAS) announced on Wednesday (Nov 1) that it has issued prohibition orders against two individuals involved in breaches related to Malaysian state fund 1Malaysia Development Berhad (1MDB). Six-year prohibition orders have been issued against Mr Ang Wee Keng Kelvin and Mr Lee Chee Waiy, said MAS in a media 93

October 31, 2017 3:16 PM Singapore shares rich and enduring relationship with the UK: President Halimah Yacob

SINGAPORE: Singapore and the United Kingdom enjoy a natural affinity due to the countries' common history, President Halimah Yacob said on Tuesday (Oct 31). The two countries share a rich and enduring relationship as well, Madam Halimah said during an official dinner at the Istana's Banquet Hall for Prince Charles and his wife Camilla, the Duchess of Cornwall 92