Singaporean firms embarking on a global acquisition spree, with one eye on the US-China trade war

Singapore Inc is stirring, with companies from real estate to engineering becoming bolder in their hunt for acquisitions abroad.
Companies in the city state announced around US$91 billion of overseas deals this year through September, more than double the US$41.9 billion of transactions for the same period of 2017, data compiled by Bloomberg show. Temasek Holdings Pte and GIC Pte still loom large, but increasingly others are inking their biggest ever transactions to put Singapore on the world…

Australia set to eradicate cervical cancer within two decades

Australia looks set to become the first country in the world to wipe out cervical cancer, thanks to national vaccination and screening programmes which could see the disease effectively eliminated as a public health issue within 20 years.
New research published in The Lancet Public Health forecasts the disease will soon be a rarity in Australia, with fewer than six new cases per 100,000 women by 2022, and fewer than four new cases per 100,000 women by 2035.
In 2007, Australia launched a…

Rosmah Mansor, wife of disgraced Malaysian ex-PM Najib Razak arrested

Rosmah Mansor, the wife of former Malaysian prime minister Najib Razak, was arrested on Wednesday afternoon in relation to the multibillion-dollar 1MDB scandal, the country’s anti-graft agency has said. The arrest of Rosmah – long compared with Imelda Marcos, the spouse of the corruption-tainted late Philippine dictator Ferdinand Marcos, because of their extravagant spending habits – signalled prosecutors were intensifying their months-long probe into the scandal. The…

Dozens of dead pulled from church as Indonesia reels from quake

The bodies of dozens of students have been pulled from their landslide-swamped church in Sulawesi, officials said Tuesday, as an international effort to help nearly 200,000 increasingly desperate Indonesian quake-tsunami victims ground into gear.
The discovery adds to the already-high death toll from Friday’s disaster, when a powerful earthquake triggered a tsunami that smashed into the seaside city of Palu.
At least 1,234 people are already known to have died, but officials say that…

Death toll from Indonesia earthquake and tsunami hits 1,234

Desperation exploded into anger Tuesday in the town closest to the epicenter of the massive earthquake and tsunami that hit parts of Sulawesi island four days ago, with residents begging Indonesia’s president to help them as hungry survivors crawled into stores and grabbed boxes of food.
“Pay attention to Donggala, Mr. Jokowi. Pay attention to Donggala,” yelled one resident in footage broadcast on local television, referring to President Joko “Jokowi” Widodo….

Gay sex: is Singapore ready to follow India out of the legal closet?

A new push to decriminalise gay sex in Singapore is gaining force three weeks after the Indian Supreme Court struck down a similar colonial-era law, putting liberalising forces in the Lion City on a collision course with conservative religious groups.
A petition to repeal Section 377A of Singapore’s Penal Code – a law both India and the Lion City inherited from British rule – was submitted to the government on Friday, having gained the signatures of 44,650 Singaporeans and…

Indian fugitive billionaire Nirav Modi’s assets seized in London, New York

Indian authorities on Monday said they had seized assets of fugitive billionaire jeweller Nirav Modi worth some US$87 million, piling pressure on one of the main suspects in a US$1.8-billion fraud at a major state-run bank.
The seized assets included overseas bank accounts and diamond-studded jewellery to the tune of US$3.1 million that had been brought back to India from Hong Kong in 23 shipments, the Enforcement Directorate (ED) said.
The jewellery had been shipped out after Indian federal…