Friday, February 16, 2007

Tonight in Summary

Capital flows to emerging markets 'to slip 7%'
WASHINGTON - PRIVATE capital flows into emerging markets will drop by 7 per cent this year as economic growth eases, according to projections by the Institute of International Finance (IIF).Projected flows of US$469 billion (S$721 billion) would still be the third-highest... [Read more]

No gassing at Auschwitz, says historian
BRITISH historian David Irving, who was jailed for questioning the Holocaust in a book, has called the Auschwitz death camp a tourist attraction and said there was no proof it ever had gas chambers.He said there was no doubt the Nazis... [Read more]

Lawmakers snub Bush's plea on Iraq
WASHINGTON - PRESIDENT George W. Bush's plea for congressional support on his new Iraq strategy fell on deaf ears.Less than a day after he made the call in his State of the Union address, the influential Senate Foreign Relations Committee adopted... [Read more]

Utac's earnings jump 82% on rising chip demand
UNITED Test and Assembly Center (Utac) has posted an 82 per cent surge in full-year profit to US$76.2 million (S$117 million), after a record fourth-quarter profit of US$22.8 million. Revenue for the year ended Dec 31 was up 75 per cent... [Read more]

THEN: Jailbird NOW: Model youth
GLENN Lim spiralled downwards from a rebellious youth to a drug user. It did not look like he was about to stop, until he was busted by the police for drug trafficking. That day in court 12 years ago - faced... [Read more]

Russia to build nuclear plants in India
NEW DELHI - RUSSIAN President Vladimir Putin sealed a deal yesterday to construct nuclear power plants in India as Moscow moved closer to its long-term Asian partner through lucrative energy and arms agreements.Mr Putin met Indian Prime Minister Manmohan Singh yesterday... [Read more]

The would-be suicide bombers
Hussein Osman, 28, no fixed address Osman planned to detonate a bomb at Shepherd's Bush, a district of west London, but the device failed. Born in Ethiopia, Osman travelled to Italy in 1992 before moving to Britain. He was living in... [Read more]

Why warranty in S'pore is one year
WITH regard to Mr Yeo Law Learn's letter, '1-year warranty here, 3 years in Australia' (ST, Jan 24), Philips would like to clarify that every country has its own industry standard practice, which Philips adheres to. In the case of Singapore,... [Read more]

I committed no wrong...And I admit no guilt
CONTROVERSY continued to swirl around one topic - former Youth Challenge head Vincent Lam's salary - while the man himself insists he has 'nothing to hide'. On Tuesday, the Commissioner of Charities (COC) said it had found 'many irregularities', including how... [Read more]

Athletes for Project 2012
SAILING Laser - Maximilian Soh, Koh Seng Leong, Colin Cheng Laser Radial - Lo Man Yi, Victoria Chan Men's 470 - Roy Tay/Chung Peiming, Xu Yuanzhen/Terence Koh, Teo Wee Chin/Benjamin Tan Women's 470 - Toh Liying/Deborah Ong 'This is just the... [Read more]

Biggest revamp of soldier's gear
ALL new recruits going in for Basic Military Training (BMT) are now being issued with new personal equipment in the army's biggest revamp of soldiering gear in decades. They will receive four new items: a load-bearing vest; a waterproof torchlight with... [Read more]

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