The US Justice Department is looking to seize more than $1bn (£761m) in assets as part of its investigation into Malaysia’s state fund 1MDB. Lawsuits filed in Los Angeles by the Justice Department allege there
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All California Fitness outlets shut
SINGAPORE – California Fitness has shut down, “until further notice”, all its outlets including the ones in Novena and Bugis, because its owner JV Fitness lacks the finances to keep them running. This was announced
Read moreTemasek said to weigh buyout of Singapore subway operator SMRT
Singapore state investment company Temasek Holdings Pte Ltd is considering a buyout offer for SMRT Corp, the city-state’s biggest subway operator, a person with knowledge of the matter said. Temasek is weighing an offer to
Read moreMan convicted of raping partygoer on Sentosa beach
SINGAPORE – A 26-year-old former Sentosa beach patrol officer was on Monday (July 18) convicted of raping and sexually assaulting a drunk partygoer on Siloso Beach. The High Court found that the prosecution had proved
Read morePM Lee to visit Malaysia on Tuesday to witness signing of MOU on KL-Singapore high-speed rail
SINGAPORE – Prime Minister Lee Hsien Loong will be in Putrajaya on Tuesday (July 19) for the signing of an agreement on the much-anticipated high-speed rail (HSR) that will connect Kuala Lumpur and Singapore. Mr
Read morePow Sing Restaurant at Serangoon Gardens suspended as 29 cases of gastric flu surface
SINGAPORE – Several cases of gastroenteritis reported at Pow Sing Restaurant are being investigated, the authorities said on Wednesday (July 13). Commonly known as gastric flu, the illness can cause diarrhoea, vomiting, fever and abdominal
Read moreSingapore-registered car catches fire at Malaysia customs
JOHOR BARU – A Singapore-registered car with cartons of cigarettes in its engine compartment caught fire at the exit lane of the Customs, Immigration and Quarantine (CIQ) Complex at Sultan Iskandar Building on Tuesday night
Read moreSuspected Standard Chartered Bank robber arrested in Bangkok
SINGAPORE: The man who allegedly made off with S$30,000 from the Holland Village branch of Standard Chartered Bank (SCB) has been arrested in Bangkok, the Singapore Police Force (SPF) announced on Monday (Jul 11). Police
Read moreSingapore Money scam foiled by moneychanger
SINGAPORE: Police have commended staff from a moneychanger and a remittance company for their “timely interventions” in foiling a scam attempt involving S$25,000. In a news release on Friday (Jul 8), police said Mr Malik
Read moreTwo US funds sue DBS Bank, OCBC for Singapore rate rigging
SINGAPORE: Two US-based investment funds have filed a lawsuit in New York against dozens of banks accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court filing showed. The suit
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