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Dollar firms to eight-month high against euro

The dollar firmed on Tuesday against most other major currencies, especially the euro, as easing US consumer inflation data pointed to the Federal Reserve keeping a steady course on interest rates.


Asia Pacific

Presidential candidate Joko Widodo (R) accompanied by his running mate Jusuf Kalla, celebrate together during a press conference in Jakarta, Indonesia on July 22, 2014. (AP/Tatan Syuflana)

Widodo wins Indonesian presidential election

The reform-minded governor of Jakarta, Joko Widodo, was Tuesday (July 22) declared the winner of Indonesia's presidential election after a closely-fought race against a controversial ex-general with deep roots in the era of strongman Suharto.



Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam (Photo: Ministry of Finance)

CPF system will evolve to meet changing needs: DPM Tharman

For CPF members who can stomach higher risks, the Deputy Prime Minister agreed that options that may enable higher returns should be studied, but stressed the importance of understanding the risks involved in options like private pension plans.



A Donetsk People's Republic official (L) and Colonel Mohamed Sakri of the Malaysian National Security Council sign documents during the handing over to Malaysia of the two black boxes recovered from the crash site of the MH17 jet at a press conference in Donetsk. (AFP Photo)

MH17 black boxes handed to Dutch investigators

Malaysian officials have handed over the black boxes from flight MH17 to Dutch lead investigators of the crash in rebel-held Ukraine, the Netherlands government said.



File photo of a "For Sale" sign standing in front of a house in Chicago, Illinois. (AFP/Scott Olson)

US existing home sales hit eight-month high

Sales of existing US homes in June hit the highest level in eight months as home price gains slowed to "more welcoming levels," the National Association of Realtors said on Tuesday.



James Rodriguez (AFP/Daniel Garcia)

Football: Real Madrid signs Rodriguez

Real Madrid on Tuesday (July 22) signed Colombian striker James Rodriguez, the top scorer at the World Cup, from Monaco on a six season contract



Dasmond Koh (left), Cynthia Koh (centre) and Desmond Tan (right) with the students and staff of Tanglin Secondary School during a motivational talk which kicked off MediaCorp Artiste Management’s new youth outreach programme.

Cynthia Koh, Desmond Tan kick off new youth outreach programme

Actress Cynthia Koh, actor Desmond Tan and television host Dasmond Koh visited Tanglin Secondary School recently as part of MediaCorp Artiste Management's new youth outreach programme.



The Nvidia tablet launched a high-performance tablet for gamers.

Nvidia launches tablet for on-the-go gamers

US computer chip maker Nvidia launched a high-performance eight-inch tablet Tuesday aimed at gamers who want the convenience of a mobile device. 



India smokers fume over cigarette tax hike

Smokers in India have been left fuming, after the government announced a hike in “sin taxes” for cigarettes in its latest budget. The government said the increased excise tax is an attempt to reduce tobacco-related deaths, but there are smokers who doubt the move will work.



File photo: A greater mouse-eared bat. (AFP PHOTO/PATRICK PLEUL)

How bats use a compass to find their way at night

A European bat type can use the scatter patterns of sunlight to programme its internal compass for hunting after dark, the first mammal known to do so, researchers said Tuesday (July 22).