NMDC Energy bags $1bn deal for subsea gas pipeline off Taiwan

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTThe former vice president of the Law Society Chia Boon Teck resigned after he was heavily criticised for his comments about a rape victim.Steven Chia and Otelli Edwards speak to Mark Yeo, director at Fortress Law Corporation and Sugidha Nithiananthan, director of advocacy and research...

Beijing is strategically positioning itself to counter Donald Trump's trade policies, as it has become clear that China is the main target of U.S. tariffs. According to Patrick Wintour, the Chinese government appears to have devised a plan to withstand and potentially thrive amid Trump's economic aggression, emphasizing its commitment to multilateral trade and stability as a global partner, which has been cautiously acknowledged by Europe. This suggests that China's economy may emerge in a...

UK civil servants are enhancing security protocols for handling sensitive trade documents due to concerns over the potential impacts of US trade policy amid Donald Trump's tariff war. The Guardian reports that British officials have revised document-handling guidelines, applying higher classifications to certain trade negotiation papers to prevent unauthorized access by American entities. This move reflects growing tensions in the "special relationship" between the UK and the US, highlighting the need for greater protection of...

The value of California chip designer Nvidia plummeted by billions following new trade restrictions imposed by Donald Trump, causing significant turmoil in the semiconductor sector. As a result, US stock markets saw a sharp decline, with the S&P 500 index dropping approximately 1.3%, the tech-heavy Nasdaq index falling 2.1%, and the Dow Jones decreasing by 0.6% in early trading. This sell-off rattled investors and highlighted the vulnerability of the technology sector to regulatory changes. Full...

Xiaofeng Wang, a cybersecurity professor at Indiana University, was fired on the same day that FBI and Department of Homeland Security agents raided his homes, prompting concerns among Asian students about potential political motivations. Previously, Wang had been questioned by the university regarding undisclosed funding from China for a project that also received US federal research grants. His dismissal via email contradicted the university's own policies, leading to widespread shock in the Bloomington community. Full...

Read a summary of this article on FAST.SINGAPORE: A new task force addressing the impact of US tariffs includes five Cabinet ministers and representatives from business and labor, chaired by Deputy Prime Minister Gan Kim Yong. The task force will assess immediate challenges, communicate with affected businesses, and develop long-term strategies to maintain Singapore's economic stability and attractiveness to investors. Concerns about potential economic recession have led to downgraded growth forecasts and eased monetary policies...