News Headlines In 60 Seconds Daily
Headline News In 60 Seconds Daily 2024-11-19T08:01:02.992Z
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- ⚖️ Singapore Tycoon OK Lim Sentenced: Oil magnate receives 17.5-year jail term for massive fraud scheme. O.K. Lim, founder of Hin Leong Trading, was sentenced on November 18, 2024, in Singapore. He was convicted for his role in concealing $800 million in losses. This verdict marks the conclusion of a financial scandal that shook the oil trading industry globally. Lim was found guilty of falsifying accounts to obtain additional credit from banks.
- 🔒 Hin Leong Founder O.K. Lim Sentenced to 17½ Years for Cheating and Forgery O.K. Lim, 81, founder of Singapore's Hin Leong Trading, was jailed for 17½ years on October 19, 2023. Lim deceived nine banks into lending US$745 million. His company's downfall led to its 2020 bankruptcy with over US$3.5 billion in debt.
- 🚔 Singapore Sentences O.K. Lim: Over 17 Years in Prison for Fraud Scheme O.K. Lim, former CEO of Hin Leong Trading, was sentenced to 17 years and 4 months in prison on October 12, 2023. Lim's charges involved hiding US$808 million in losses, directly impacting creditors and sparking regulatory reforms in Singapore's commodity trading sector.
- 🌏 Singapore 🇸🇬 and Japan 🇯🇵 Forge Ahead with Aviation Partnerships to Boost Travel On October 10, 2023, Singapore Airlines and All Nippon Airways announced a collaborative effort, starting December 1, 2023. This partnership seeks to enhance flight connectivity between Singapore and major Japanese cities, aiming for...
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Headline News In 60 Seconds Daily 2024-11-19T08:01:02.992Z
ILovehead6.9
Head News
- ⚖️ Singapore Tycoon OK Lim Sentenced: Oil magnate receives 17.5-year jail term for massive fraud scheme. O.K. Lim, founder of Hin Leong Trading, was sentenced on November 18, 2024, in Singapore. He was convicted for his role in concealing $800 million in losses. This verdict marks the conclusion of a financial scandal that shook the oil trading industry globally. Lim was found guilty of falsifying accounts to obtain additional credit from banks.
- 🔒 Hin Leong Founder O.K. Lim Sentenced to 17½ Years for Cheating and Forgery O.K. Lim, 81, founder of Singapore's Hin Leong Trading, was jailed for 17½ years on October 19, 2023. Lim deceived nine banks into lending US$745 million. His company's downfall led to its 2020 bankruptcy with over US$3.5 billion in debt.
- 🚔 Singapore Sentences O.K. Lim: Over 17 Years in Prison for Fraud Scheme O.K. Lim, former CEO of Hin Leong Trading, was sentenced to 17 years and 4 months in prison on October 12, 2023. Lim's charges involved hiding US$808 million in losses, directly impacting creditors and sparking regulatory reforms in Singapore's commodity trading sector.
- 🌏 Singapore 🇸🇬 and Japan 🇯🇵 Forge Ahead with Aviation Partnerships to Boost Travel On October 10, 2023, Singapore Airlines and All Nippon Airways announced a collaborative effort, starting December 1, 2023. This partnership seeks to enhance flight connectivity between Singapore and major Japanese cities, aiming for...
- Click to read the full article
Headline News In 60 Seconds Daily 2024-11-18T08:00:56.982Z
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- 🌍 No Pathway to Net Zero Without Carbon Pricing: PM Wong During the Singapore International Energy Week on October 25, 2023, Prime Minister Lawrence Wong emphasized the importance of properly pricing carbon to achieve net zero emissions.
- 🏢 China, Singapore Pivotal in Hongkong Land’s $10 Billion Asset Disposal Hongkong Land aims to offload assets worth US$10 billion by 2026, targeting China and Singapore as key markets. John Witt, CFO, outlined plans amid shifting market dynamics, focusing on reducing debt and enhancing portfolio resilience.
- 🌏 Singapore's Pledge to APEC: Nation offers to host the 2030 Summit, asserts unwavering commitment through PM Wong's leadership. On October 15, 2023, Singaporean Deputy Prime Minister Lawrence Wong affirmed the nation's commitment to APEC by offering to host the 2030 Summit. His announcement highlighted economic importance and regional collaboration.
- 🦔 Rare Pangolin Showdown: Researchers Capture Unique Footage of Two Pangolins Fighting in Singapore On September 2023, researchers from the Mandai Nature group documented two Sunda pangolins engaging in a rare fighting behavior at the Central Catchment Nature Reserve, Singapore, highlighting territorial conflicts among this vulnerable species.
- 🌉 Singapore Woman Jailed for Bribery Attempt: Caught Offering $65 to Causeway Cop Singapore Woman Jailed for Bribery Attempt: Caught Offering $65 to Causeway Cop On December 19, 2022, 45-year-old Nurul Syahirah Mohamed Ali was sentenced to three weeks in jail by Singapore's State Courts. She...
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Headline News In 60 Seconds Daily 2024-11-18T08:00:56.982Z
ILovehead6.9
Head News
- 🌍 No Pathway to Net Zero Without Carbon Pricing: PM Wong During the Singapore International Energy Week on October 25, 2023, Prime Minister Lawrence Wong emphasized the importance of properly pricing carbon to achieve net zero emissions.
- 🏢 China, Singapore Pivotal in Hongkong Land’s $10 Billion Asset Disposal Hongkong Land aims to offload assets worth US$10 billion by 2026, targeting China and Singapore as key markets. John Witt, CFO, outlined plans amid shifting market dynamics, focusing on reducing debt and enhancing portfolio resilience.
- 🌏 Singapore's Pledge to APEC: Nation offers to host the 2030 Summit, asserts unwavering commitment through PM Wong's leadership. On October 15, 2023, Singaporean Deputy Prime Minister Lawrence Wong affirmed the nation's commitment to APEC by offering to host the 2030 Summit. His announcement highlighted economic importance and regional collaboration.
- 🦔 Rare Pangolin Showdown: Researchers Capture Unique Footage of Two Pangolins Fighting in Singapore On September 2023, researchers from the Mandai Nature group documented two Sunda pangolins engaging in a rare fighting behavior at the Central Catchment Nature Reserve, Singapore, highlighting territorial conflicts among this vulnerable species.
- 🌉 Singapore Woman Jailed for Bribery Attempt: Caught Offering $65 to Causeway Cop Singapore Woman Jailed for Bribery Attempt: Caught Offering $65 to Causeway Cop On December 19, 2022, 45-year-old Nurul Syahirah Mohamed Ali was sentenced to three weeks in jail by Singapore's State Courts. She...
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Headline News In 60 Seconds Daily 2024-11-17T08:00:58.782Z
ILovehead6.9
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- 🧠 New Guide Released: Empowering Communities to Provide Mental Health Support Locally The Singapore Mental Wellbeing Network launched on October 19, 2023, advocates for mental health awareness, featuring Minister Sun Xueling and local organizations, to bolster community support approaches effectively.
- 🥋 Taekwondo Goes Digital: Singapore Innovates Gear for World Championships The World Virtual Taekwondo Championships in Singapore utilized groundbreaking home-grown wearable tech on September 25-29, 2023. Singapore's Imagine Co. developed this new gear, enhancing performance analytics, with support from Sport Singapore.
- 🥋 Taekwondo Enters Digital Age: Singapore Innovates with Virtual Gear at World Championships The Taekwondo World Championships held on October 21, 2023, introduced a new virtual scoring gear made by Singapore's VATA Technology under World Taekwondo's initiative to enhance fairness and accuracy in matches.
- 🌟 Singapore's Diplomatic Engagement: PM Lawrence Wong meets Chinese President Xi Jinping at APEC Summit, signaling strengthened bilateral ties. On November 20, 2023, Singapore's Prime Minister Lawrence Wong met Chinese President Xi Jinping on the sidelines of the APEC Summit in Peru. This meeting underscores the strengthening diplomatic relations between Singapore and China, reflecting a commitment to collaborate on regional issues and economic partnerships.
- 🍽️ Savour Singapore: The Straits Times Unveils 'Food In The Hood' Guide for Local Culinary Gems The Straits Times introduced the "Food In The Hood" guide to showcase Singapore's diverse culinary landscape, highlighting local eateries like Tekka Centre's traditional...
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Headline News In 60 Seconds Daily 2024-11-17T08:00:58.782Z
ILovehead6.9
Head News
- 🧠 New Guide Released: Empowering Communities to Provide Mental Health Support Locally The Singapore Mental Wellbeing Network launched on October 19, 2023, advocates for mental health awareness, featuring Minister Sun Xueling and local organizations, to bolster community support approaches effectively.
- 🥋 Taekwondo Goes Digital: Singapore Innovates Gear for World Championships The World Virtual Taekwondo Championships in Singapore utilized groundbreaking home-grown wearable tech on September 25-29, 2023. Singapore's Imagine Co. developed this new gear, enhancing performance analytics, with support from Sport Singapore.
- 🥋 Taekwondo Enters Digital Age: Singapore Innovates with Virtual Gear at World Championships The Taekwondo World Championships held on October 21, 2023, introduced a new virtual scoring gear made by Singapore's VATA Technology under World Taekwondo's initiative to enhance fairness and accuracy in matches.
- 🌟 Singapore's Diplomatic Engagement: PM Lawrence Wong meets Chinese President Xi Jinping at APEC Summit, signaling strengthened bilateral ties. On November 20, 2023, Singapore's Prime Minister Lawrence Wong met Chinese President Xi Jinping on the sidelines of the APEC Summit in Peru. This meeting underscores the strengthening diplomatic relations between Singapore and China, reflecting a commitment to collaborate on regional issues and economic partnerships.
- 🍽️ Savour Singapore: The Straits Times Unveils 'Food In The Hood' Guide for Local Culinary Gems The Straits Times introduced the "Food In The Hood" guide to showcase Singapore's diverse culinary landscape, highlighting local eateries like Tekka Centre's traditional...
- Click to read the full article
Headline News In 60 Seconds Daily 2024-11-16T08:01:05.773Z
ILovehead6.9
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- 🛳️ Disney Announces First Cruise in Asia: Booking Details and Costs Revealed Disney is setting sail for a cruise in Asia, with bookings for the Singapore journey opening on November 20, 2023. Prices for this 2025 voyage start at $3,200 per person for a seven-night adventure.
- 🔥 Over 200 Participants Tackle Cyber Threats at Critical Infrastructure Defence Exercise 2024; First National Cyber Defence Exercise to Include Cloud Testbed for Cyber Defender Training More than 300 cybersecurity experts participated in the Critical Infrastructure Defence Exercise 2024 from November 10 to 15, 2024, in Singapore, featuring a new cloud testbed for enhanced cybersecurity training and resilience.
- 👜 Labubu Luxury Bags: Over 13,000 Travellers Fined More Than $3 Million for Undeclared Goods Labubu, a luxury bag company, reported that more than 13,000 travelers were fined over $3 million for undeclared merchandise in Singapore. This enforcement action occurred between January and September 2023, aiming to curb smuggling.
- 🏡 Sizzling Sales Surge: Suburban Demand Drives Singapore Home Market to 11-Month High In October 2024, Singapore's suburban home sales soared to their highest in 11 months, driven by robust demand. Analysts attribute this surge to favorable interest rates and new government housing policies.
- 🎰 Genting and Sands Intensify Expansion Rivalry in Singapore Genting Singapore and Las Vegas Sands are investing $7.6 billion collectively to expand their casino resorts on Sentosa Island and Marina Bay Sands...
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Headline News In 60 Seconds Daily 2024-11-16T08:01:05.773Z
ILovehead6.9
Head News
- 🛳️ Disney Announces First Cruise in Asia: Booking Details and Costs Revealed Disney is setting sail for a cruise in Asia, with bookings for the Singapore journey opening on November 20, 2023. Prices for this 2025 voyage start at $3,200 per person for a seven-night adventure.
- 🔥 Over 200 Participants Tackle Cyber Threats at Critical Infrastructure Defence Exercise 2024; First National Cyber Defence Exercise to Include Cloud Testbed for Cyber Defender Training More than 300 cybersecurity experts participated in the Critical Infrastructure Defence Exercise 2024 from November 10 to 15, 2024, in Singapore, featuring a new cloud testbed for enhanced cybersecurity training and resilience.
- 👜 Labubu Luxury Bags: Over 13,000 Travellers Fined More Than $3 Million for Undeclared Goods Labubu, a luxury bag company, reported that more than 13,000 travelers were fined over $3 million for undeclared merchandise in Singapore. This enforcement action occurred between January and September 2023, aiming to curb smuggling.
- 🏡 Sizzling Sales Surge: Suburban Demand Drives Singapore Home Market to 11-Month High In October 2024, Singapore's suburban home sales soared to their highest in 11 months, driven by robust demand. Analysts attribute this surge to favorable interest rates and new government housing policies.
- 🎰 Genting and Sands Intensify Expansion Rivalry in Singapore Genting Singapore and Las Vegas Sands are investing $7.6 billion collectively to expand their casino resorts on Sentosa Island and Marina Bay Sands...
- Click to read the full article
Headline News In 60 Seconds Daily 2024-11-15T08:01:00.559Z
ILovehead6.9
Head News
- 🌕 Beaver Moon Dazzles Singapore Skies: See 2024's Last Supermoon on Nov 15! Astronomy enthusiasts in Singapore can witness the stunning spectacle of the Beaver Moon, the last supermoon of 2024, on November 15, marking an exciting celestial event.
- 🏦 Traditional Banks Retain Loyalty: Limited Branches and In-Person Service Keep Singaporeans on Board As of October 16, 2023, Singapore's digital banks face challenges primarily due to limited physical presence, impacting customer acquisition. Branches are critical, highlighting a preference for in-person interactions among Singaporeans.
- ✈️ Garuda Indonesia Boosts Singapore Routes: Garuda Indonesia will increase its flights between Jakarta and Singapore starting December 1, enhancing connectivity between the two cities. The airline aims to meet rising travel demand.
- 🚫 Drink Alert: Avoid 7 Products with Hidden Medicinal Substances Warns SFA Singapore Food Agency (SFA) advised consumers on October 18, 2023, to avoid seven drink products containing undeclared medical ingredients, risking serious health impacts. The Advisory includes names like Coco Yoko, Instant Jelly Mix.
- 🍽️ Singapore's Food Safety Challenge: Examining the Causes Behind Frequent Food Poisoning Cases A Channel News Asia report on October 3, 2023, investigates recent food poisoning incidents in Singapore. A notable case involved food caterer Spize, linked to a mass salmonella outbreak in 2018, causing 63 hospitalizations and one fatality. Despite improvements, lapses persist due to complex supply chains and regulatory challenges.
- 🌍 Southeast Asia...
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Headline News In 60 Seconds Daily 2024-11-15T08:01:00.559Z
ILovehead6.9
Head News
- 🌕 Beaver Moon Dazzles Singapore Skies: See 2024's Last Supermoon on Nov 15! Astronomy enthusiasts in Singapore can witness the stunning spectacle of the Beaver Moon, the last supermoon of 2024, on November 15, marking an exciting celestial event.
- 🏦 Traditional Banks Retain Loyalty: Limited Branches and In-Person Service Keep Singaporeans on Board As of October 16, 2023, Singapore's digital banks face challenges primarily due to limited physical presence, impacting customer acquisition. Branches are critical, highlighting a preference for in-person interactions among Singaporeans.
- ✈️ Garuda Indonesia Boosts Singapore Routes: Garuda Indonesia will increase its flights between Jakarta and Singapore starting December 1, enhancing connectivity between the two cities. The airline aims to meet rising travel demand.
- 🚫 Drink Alert: Avoid 7 Products with Hidden Medicinal Substances Warns SFA Singapore Food Agency (SFA) advised consumers on October 18, 2023, to avoid seven drink products containing undeclared medical ingredients, risking serious health impacts. The Advisory includes names like Coco Yoko, Instant Jelly Mix.
- 🍽️ Singapore's Food Safety Challenge: Examining the Causes Behind Frequent Food Poisoning Cases A Channel News Asia report on October 3, 2023, investigates recent food poisoning incidents in Singapore. A notable case involved food caterer Spize, linked to a mass salmonella outbreak in 2018, causing 63 hospitalizations and one fatality. Despite improvements, lapses persist due to complex supply chains and regulatory challenges.
- 🌍 Southeast Asia...
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Headline News In 60 Seconds Daily 2024-11-14T08:01:20.530Z
ILovehead6.9
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- 🏢 Singapore REITs' Overseas Ventures: Assessing Their Potential for Your Investment Portfolio Manulife US REIT faced challenges in 2023 due to increasing interest rates in the U.S., while CapitaLand Ascendas REIT expanded its presence in Europe to seek growth opportunities.
- 🏓 Singapore Smash Extends: China National Team Debut to Lead 2025 CNY Opener, Event Secures Five-Year Future Singapore Smash, starting with the China National Team in February 2025, will continue for another five years. The announcement by the World Table Tennis organization on October 10, 2023, guarantees the event's future until 2030.
- 📈 US Stock Highlights: Major US companies like Apple, Tesla, and Amazon are key focuses for investors in Singapore, providing lucrative opportunities amidst evolving market trends and economic conditions. Investors in Singapore are eyeing significant US stocks such as Apple, Tesla, and Amazon for potential gains. The interest is spurred by these companies' innovation and growth prospects, especially considering the evolving market conditions as of November 8, 2023.
- 🔪 Condo Confrontation: Woman Displays Knife in Dispute Over Rental Deposit at Yishun Condo 🔪 Condo Confrontation: Woman Displays Knife in Dispute Over Rental Deposit at Yishun Condo On August 8, 2022, a woman clashed with Tan and Lim over a rental deposit dispute at Eight Courtyards condominium in Yishun, Singapore. The confrontation escalated when the woman brandished a knife.
- 🟠 Singapore PM Eases Taiwan Tension: Lee...
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Headline News In 60 Seconds Daily 2024-11-14T08:01:20.530Z
ILovehead6.9
Head News
- 🏢 Singapore REITs' Overseas Ventures: Assessing Their Potential for Your Investment Portfolio Manulife US REIT faced challenges in 2023 due to increasing interest rates in the U.S., while CapitaLand Ascendas REIT expanded its presence in Europe to seek growth opportunities.
- 🏓 Singapore Smash Extends: China National Team Debut to Lead 2025 CNY Opener, Event Secures Five-Year Future Singapore Smash, starting with the China National Team in February 2025, will continue for another five years. The announcement by the World Table Tennis organization on October 10, 2023, guarantees the event's future until 2030.
- 📈 US Stock Highlights: Major US companies like Apple, Tesla, and Amazon are key focuses for investors in Singapore, providing lucrative opportunities amidst evolving market trends and economic conditions. Investors in Singapore are eyeing significant US stocks such as Apple, Tesla, and Amazon for potential gains. The interest is spurred by these companies' innovation and growth prospects, especially considering the evolving market conditions as of November 8, 2023.
- 🔪 Condo Confrontation: Woman Displays Knife in Dispute Over Rental Deposit at Yishun Condo 🔪 Condo Confrontation: Woman Displays Knife in Dispute Over Rental Deposit at Yishun Condo On August 8, 2022, a woman clashed with Tan and Lim over a rental deposit dispute at Eight Courtyards condominium in Yishun, Singapore. The confrontation escalated when the woman brandished a knife.
- 🟠 Singapore PM Eases Taiwan Tension: Lee...
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