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Ferrari crash fuels Singapore anti-foreign sentiment

A wealthy Chinese expatriate who crashed his million-dollar Ferrari into a taxi killing himself and two others has sparked outrage in Singapore, where anti-immigrant sentiment is on the rise.

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SingTel Q4 net profit inches up, sees slim growth

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Robust performances by Singapore Telecommunications Ltd's units in Indonesia and Thailand helped Southeast Asia's largest telecoms firm reverse four straight quarters of falling year-on-year profits.

Singapore Airlines seeks tie-ups in India, China

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Singapore Airlines (SIA) on Thursday said it is looking for potential partnerships in India and China, a move that could help it stay profitable.

The airline is specifically working closely with

Asian shares, euro slip as data casts doubt on recovery

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Asian shares slipped on Thursday and the euro languished near a 2-week low after disappointing economic data from both sides of the Atlantic rekindled concerns about the strength of global growth.

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Half Iran tanker fleet storing oil at sea after sanctions hit crude supply

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Iran has been forced to deploy more than half its fleet of supertankers to store oil at anchorage in the Gulf as buyers of its crude cut back because of sanctions, two Iran-based shipping sources said

Mahindra Satyam to invest $240 mn globally on infrastructure

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Mahindra Satyam will invest USD 240 million globally to set up infrastructure and support services for its clients over the next three years, top company official said here on Thursday.

"Fifty per ce

Manchester United owners revive $1bln IPO plan: Report

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The American owners of English Premier League soccer champions Manchester United have reactivated an earlier plan to float its shares on the stock market in Singapore following improved market conditi

Indonesia quake a record, risks for Aceh grow

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The powerful undersea earthquake off the Indonesian island of Sumatra this week was a once in 2,000 years event, and although it resulted in only a few deaths, it increases the risks of a killer quake

Indian economic growth faces challenges: Montek

India has the potential to register economic growth of 8-9 per cent for several years by hugely investing in infrastructure, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday.

Gold extends losses as U.S. stimulus hopes fade

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Gold edged lower on Wednesday, extending a nearly 2 per cent tumble in the previous session, as the minutes of the U.S. Federal Reserve's last policy meeting showed diminishing appetite for further mo

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.