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November 1, 2017 6:05 PM Fed holds rates steady; 'solid' growth keeps December hike in view

WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while downplaying the impact of recent hurricanes, a sign it is on track to lift borrowing costs again in December. The U.S. central bank acknowledged that inflation remained soft, but it did not downgrade 230

November 1, 2017 9:41 AM 5 Bangladeshi men arrested in case of woman prostituting daughters in Johor

JOHOR BARU: Malaysian police arrested five male Bangladeshi nationals on Wednesday (Nov 1), to facilitate investigations into the case of two sisters who were allegedly prostituted by their mother. Johor police chief Mohd Khalil Kader Mohd said the five men, who are factory workers aged between 28 and 42, were picked up in the vicinity of Senai near Kulai 209

October 31, 2017 9:01 PM Maintenance team signed off on work not done: SMRT

Staff in charge of pump system that failed may have falsified records Train operator SMRT has found that the team responsible for maintaining a pump system that malfunctioned may have falsified documents by signing off on work that they had not done. It is suspected that such falsification of quarterly maintenance records could stretch all the way back to December 216

October 31, 2017 9:01 PM SMRT must take tough action, say observers

The fact that work neglect went undetected for a year 'suggests problem is deep-seated' If SMRT personnel did, indeed, falsify maintenance records, then tough action should be taken against them, observers said. The lapse resulted in flooding that led to a 20-hour breakdown of the North-South Line last month. The rail operator revealed yesterday that though 198

October 31, 2017 3:22 PM Negligence by SMRT crew tantamount to criminal offence, analyst says

SINGAPORE — The negligence of the SMRT crew responsible for the maintenance of a water pump system borders on a criminal offence, Dr Park Byung Joon said. The urban transport expert from the Singapore University of Social Sciences was commenting on the preliminary findings of rail operator SMRT’s internal investigation into the flooding of MRT train 203

October 31, 2017 2:22 PM At least 200 feared dead after North Korean nuclear test site tunnel collapses: report

More than 200 people were believed to have died in North Korea when an underground tunnel at the country’s main nuclear test site collapsed last month after its sixth and most powerful atomic test, a report said Tuesday. The tunnel at the Punggye-ri test site was undergoing construction sometime around Sept. 10, days after the North set off the Sept. 3 nuclear 213

October 31, 2017 12:15 PM I didn’t expect Aljunied GRC winning margin in 2015 GE to be so close: Low Thia Khiang

SINGAPORE – Revealing that he was confident the Workers’ Party (WP) would retain Aljunied GRC in the 2015 General Election, WP chief Low Thia Khiang conceded that he was surprised by the narrow winning margin in an interview contained in the party’s commemorative book. The WP team headed by Mr Low and consisting Ms Sylvia Lim, Mr Pritam Singh, Mr Faisal 215

October 30, 2017 9:02 PM Cheaper MRT rides for pre-peak weekday travel

From Dec 29, commuters who start their journeys at any of the 157 MRT and LRT stations before 7.45am on weekdays will see their fares discounted by up to 50 cents. The Public Transport Council (PTC) announced this yesterday as part of its annual transport fare review. It also said other transport fares will not be adjusted for now. Under the new initiative 197

October 30, 2017 9:01 PM Financial sector to add 4,000 jobs a year

Industry road map aims to lift productivity; banks urged to do more to retrain workers The financial services industry is looking to create around 3,000 new jobs and a further 1,000 in financial technology a year under a road map to transform the sector. At the same time, banks and financial institutions have to do more to retrain workers whose jobs are affected 195

October 30, 2017 9:00 PM Catalan leaders may be charged with rebellion

No sign of sacked head as Spanish prosecutors get down to work BARCELONA • Spanish prosecutors yesterday demanded that Catalonia's dismissed leaders be charged with rebellion after the regional Parliament declared independence last week and the central government in Madrid moved to take control of the region. Upping the ante in the European Union country's 174