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AseanPlus News

Singapore court refuses bid by Saudi diplomat who molested hotel intern to suspend jail term

SINGAPORE: The High Court on Friday (Nov 3) rejected a bid by a Saudi Arabian diplomat, who is in jail for groping a hotel intern, to be released for the time being, pending a hearing next January before the Court of Appeal.

Corporate News

AIG swings to quarterly loss, adds US$836mil to reserves

NEW YORK: American International Group Inc posted a bigger-than-expected quarterly loss on Thursday as the insurer booked huge catastrophe losses, and said it had set aside $836 million to meet losses related to prior-year accident claims.

Metro News

Run for a chance to join Antarctica expedition

If you are into fitness and want to support the first All Women Expedition to Antarctica scheduled next year, join the Antarctica Charity Run 2018.

AseanPlus News

From quiet child to serial killer

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.

Corporate News

Mokhzani exiting O&G

PETALING JAYA: Tan Sri Mokhzani Mahathir, who spotted the trend of investing in the oil and gas (O&G) industry some 15 years ago, is completely exiting the sector as sentiment in crude oil prices picks up. In the latest development, he is looking to sell his entire 10.1% stake or 605 million shares in Sapura Energy Bhd via a private placement.

TECH

Fake news on social media a far greater concern than Russian ads: Tim Cook

As Facebook, Twitter and Google endured intense questioning on Capitol Hill on Nov 1, Apple CEO Tim Cook decided to jump into the fray to call out the tech giants himself.

Corporate News

Trump taps Fed centrist Powell to lead US central bank

WASHINGTON: President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling a continuation of her cautious monetary policies.

Corporate News

Global stocks edge up after US tax plan, Powell nomination; sterling drops

NEW YORK: World stock markets edged higher on Thursday, with Wall Street up slightly and the U.S. dollar modestly weaker after details of a Republican tax plan were released and the nomination of Jerome Powell as the new head of the Federal Reserve.

AseanPlus News

Chinese tai chi master finds online lessons hard to deliver

Ye Yongxiang, a sixth-generation tai chi master, says the internet is a great way to promote Chinese art to the world

TECH

Qualcomm, JMC seek to exit Alphabet-backed New York WiFi project

Chipmaker Qualcomm Inc and private equity firm JMC Capital Partners are looking to sell their stakes in a joint venture that operates more than 1,300 free WiFi kiosks fashioned from old phone booths around New York City.