European shares dip as investors eye PMI data, ECB meeting

(Reuters) – European shares dipped slightly on Monday after striking a record closing high in the previous session, as investors paused before launching into a week packed with economic data and the European Central Bank’s first policy meeting of the year. The pan-European STOXX 600 index was down about 0.1%, after gaining nearly 1% on Friday on optimism around U.S.-EU […]

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Pirates on sampans loot barge twice in Singapore Strait

SINGAPORE (THE NEW PAPER) – Pirates on sampans struck in the Singapore Strait again last Saturday (Jan 18), targeting a barge pulled by the tug boat Kim Hock Tug 9 twice in five hours. While the pirates did not confront the crew members, they were able to escape with several pieces of scrap metal. In an incident alert on Sunday, […]

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Victims lose over $987k to iTunes and Google Play gift card e-mail scams targeting businesses since Jan 2019

SINGAPORE – Police on Monday (Jan 20) warned businesses against falling for e-mail impersonation scams involving iTunes and Google Play cards, with more than $987,000 lost since January 2019. In these scams, the victims responded to e-mails supposedly from their colleagues or employers, instructing them to purchase iTunes or Google Play cards for work-related purposes such as gifts for clients […]

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Japan's Abe strikes conciliatory note on South Korea, row may be easing

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday that South Korea was its “most important neighbor” and that the two shared basic values, taking a conciliatory tone toward the country that has been locked in a bitter row with Tokyo for over a year. The comment comes after South Korean President Moon Jae-in last week proposed the […]

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After fire, dust and hail play havoc on Australian summer

SYDNEY (REUTERS) – Drought-ravaged parts of rural Australia have been hit by dust storms that threaten to drift over more heavily populated cities including Sydney, bringing a new element to the extreme weather that has dominated the country over summer. The vast clouds of thick red dust have smothered inland towns such as Dubbo in the country’s most populous state, […]

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Masagos asks Saudi Arabia for more haj spots for Singaporean pilgrims

SINGAPORE – Minister-in-charge of Muslim Affairs Masagos Zulkifli has asked Saudi Arabia to allow more Singaporeans to perform the annual haj pilgrimage in the holy city of Mecca. In a Facebook post on Monday (Jan 20), Mr Masagos said more Singaporeans want to perform the haj, and both President Halimah Yacob and Prime Minister Lee Hsien Loong have made similar […]

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Ready, steady, review: Five questions for the ECB

LONDON (Reuters) – The European Central Bank’s first meeting of the year is set to bring the formal launch of a strategy review, most likely including a rethink of an inflation goal the bank has failed to meet since 2013. The scope and scale of the review is likely to be discussed and is a key focus for markets given […]

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Ready, steady, review: Five questions for the ECB

LONDON (Reuters) – The European Central Bank’s first meeting of the year is set to bring the formal launch of a strategy review, most likely including a rethink of an inflation goal the bank has failed to meet since 2013. The scope and scale of the review is likely to be discussed and is a key focus for markets given […]

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Seven killed, three missing in Indonesia bridge collapse

BENGKULU (AFP) – Seven people drowned and three others are missing after a bridge collapsed on Indonesia’s Sumatra island, the disaster agency said Monday (Jan 20). Some 30 people, mostly students, were on the bridge Sunday afternoon in the town of Kaur when the newly built crossing suddenly collapsed, hurtling some teens into the water below while others clutched on […]

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