Latest Singapore News

World shares sink as US-China spat takes center stage

May. 23, 2019 7:20 AM EDT

SINGAPORE (AP) — World stock markets fell sharply Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. Private surveys, meanwhile, showed continued weakness in the eurozone economy in May, with a slowdown in manufacturing and services. France's...

Asian shares slip as US-China spat takes center stage

May. 22, 2019 11:36 PM EDT

SINGAPORE (AP) — Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South Korea was...

World shares fall as Huawei sanctions stir trade fears

May. 17, 2019 7:30 AM EDT

SINGAPORE (AP) — Global markets were mostly lower on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China. Germany's DAX slid 0.8% to 12,215.20 and the CAC 40 in France lost 0.5% to 5,418.70. Britain's FTSE 100 fell 0.5% to 7,319.61. Stocks in the U.S....

Singapore PM says call to curb online violence 'effective'

May. 17, 2019 3:53 AM EDT

SINGAPORE (AP) — Singapore's Prime Minister Lee Hsien Loong said Friday that a global call to curb the spread of hate and extremism on internet platforms was an "effective" response to the New Zealand mosque attacks, but stopped short of endorsing it. The "Christchurch Call" set of guidelines for world...

Asian shares mixed as Huawei sanctions stir trade fears

May. 16, 2019 11:27 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would cast a pall on trade negotiations with China. Hong Kong's Hang Seng shed 0.4% to 28,161.89 while Japan's benchmark Nikkei 225 jumped 1.6% to 21,391.53. The Kospi in South Korea added 0.2% to...

Admiral: US hasn't stepped up sea patrols to confront China

May. 15, 2019 6:46 AM EDT

SINGAPORE (AP) — A top U.S. admiral said Wednesday the Navy has not stepped up maritime patrols to challenge China's sweeping territorial claims in the South China Sea but is maintaining a "consistent" presence in the disputed waters. Chief of Naval Operations Adm. John Richardson, addressing an...

20 Singapore students injured in bus accident in Vietnam

May. 13, 2019 6:23 AM EDT

HANOI, Vietnam (AP) — A van carrying 20 Singaporean students participating in a community service project crashed into a curb in central Vietnam on Monday, injuring 12, official media said. The state-owned Tuoi Tre newspaper said two of the students, who were traveling to Bach Ma national park in Hue...

Singapore outlaws fake news, allows govt to block, remove it

May. 9, 2019 3:50 AM EDT

SINGAPORE (AP) — Singapore has passed a law criminalizing publication of fake news and allowing the government to block and order the removal of such content. The Protection from Online Falsehoods and Manipulation Bill passed Wednesday night by a vote of 72-9, a lawmaker with the opposition Worker's Party,...

Malaysia: US to return $196M in 1MDB-linked seized assets

May. 7, 2019 4:00 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's attorney general said Tuesday that the U.S. will return $196 million recovered from seized assets linked to the multibillion-dollar looting of the 1MDB state investment fund, part of which has already been repatriated. Attorney General Tommy Thomas said Malaysia has...

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

May. 6, 2019 11:55 PM EDT

SINGAPORE (AP) — Asian airlines are cutting routes, revamping their schedules and leasing extra aircraft to fill gaps left by the grounding of Boeing 737 Max 8s after deadly crashes in Indonesia and Ethiopia killed 346 people. So far, regional carriers have managed to avoid major disruptions, but analysts...