JUNE 27, 2002 THU Updated @ 11.55 am
BRAZIL VS GERMANY IT IS: Brazilian forward Ronaldo (right) bypassing Turkish midfielders Bulent Korkmaz (centre) and Emre Belozoglu on his way to scoring the only goal in the Brazil-Turkey encounter on Wednesday. The Brazilians now meet Germany in the cup final on Sunday. -- AFP Webspecial S$7b scandal rocks markets
GLOBAL stock markets were sent reeling yesterday after United States telecommunications giant WorldCom shocked investors by saying it had uncovered improper accounting practices involving almost US$4 billion (almost S$7 billion). This could force WorldCom into what would be the biggest corporate bankruptcy in American history - exceeding even the collapse of Enron Corp. Full Story
Temasek set to play more aggressive role
TEMASEK Holdings, the investment-holding arm of the Government, will cease playing a passive shareholder role and adopt aggressive strategies to create value and build platforms for future successful enterprises. Hacker swipes $1,000 from woman's POSB account
SOMEONE logged onto her DBS online banking account and transferred $1,000 from her POSBank savings account, but Ms Alexis Toh was none the wiser until the bank alerted her about it last Friday. One beautiful Ronaldo moment was all it took
SAVE the last dance for Brazil. The samba will be at the final on Sunday. And Germany might just finish the 2002 World Cup as a wallflower. The signs were all there, when Turkey had to bow out with great honour, outwitted ultimately 0-1 by Brazil in the semi-final at the Saitama Stadium last night. Sampras, Agassi and Safin shown the door
LONDON -- It was a day of David versus Goliath upsets at Wimbledon here on Wednesday with favourites Pete Sampras, Andre Agassi and Marat Safin, holding a total of 21 Grand Slams between them, shocked by unseeded players in the second round. What do you make of Dr Mahathir's sudden resignation and retraction?
How can the rising cost of public transportation be defrayed? Who should qualify for World Cup All-Star team?
In which area does your bank fall short?
Prime News
WHO'S AFRAID OF ONLINE BANKING?
Two cases of mystery siphoning out of funds from personal bank accounts have surfaced lately, where account holders lost between $500 and $5,000 to online thieves. Does this make you nervous all over again about online banking?
Click here to poll AP Headlines
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- S$7b scandal rocks markets
- Temasek set to play more aggressive role
- Ronaldo shoots Brazil into final
- Palestinians unveil plans for January polls
- Hacker swipes $1,000 from woman's POSB account
SINGAPORE
- Top foreign talent quit S'pore firms
- Construction costs in S'pore may go up
- MTI's chief economist joins World Bank in China for a year
- NCS chief buys 20,000 shares of SingTel
- Local bourse hit by WorldCom scandal
REGIONAL
- Asian equity buyers could be first to rebound from WorldCom risks
- Money World
WORLD
- Andersen in the spotlight again
- An M&A maestro who had investors under his thumb
- How the world came apart for two high-fliers... and company
- Martha Stewart faces wider probe, says WSJ
- US cable giant Adelphia files for bankruptcy
- Handwriting experts are well-trained
- Bus, MRT firms spend too much
- Make it fairer for phone-card users
- Quality baby care needed
- SingTel's location-based services don't violate users' privacy
- Race for brainier babies fuels US toy market
- US draws foreign students despite Sept 11
- 10 Pakistanis die in raid on Al-Qaeda
- Website lets credit card holders check on thefts
- Cell-phone cancer fears 'unfounded'
- Stress leading teachers to abuse students in China
- Destroy, burn, execute
- Rats - if you can't kill them, make them sterile
- Beijing warns Hongkong against direct elections move
- East Asia File
EAST ASIA
We need to change from driving a Volkswagen to a Formula 1 racing car to compete with the best in the world.
- Ms Ho Ching, newly appointed executive director of Temasek Holdings, on her plans to give a shot in the investment-holding arm of the Government. Full story
- S-E ASIA
- Mega stuns own party by backing governor
- Police protected me while I fled, says Tommy
- Armed militia group trains outside Jakarta
- Plan to beat teacher shortage
- Bangkok a key base for African criminals
MALAYSIA
- 'The captain may have left the bridge but this man's at the helm'
- Transition period too long: Opposition
- Abdullah likely to seek closer trade and political ties with key partners
- Family relieved uncertainty is over
- Banks replacing ATM cards to prevent fraud
- Terrible end to stormy marriage
- Ex-ACS head to answer to 10 charges
- Horticulturist now nurtures children instead
- Widow's case: Minister explains decision
- WP slams Govt for fare hike
- Plans for fast jet could push limits of air travel
- Race to find perfect boost to women's libido
- Tech Bits, Science Bytes
- PDAs take on cell phone function
- One beautiful Ronaldo moment was all it took
- Yao may be the first Asian No 1 pick in the NBA draft today
- SGA to relax rules on junior sponsorship
- Don't mess with these Asian women players
- Ronaldo scores but Rivaldo is the genius
- The Reign In Spain
- Mixing tablas & turntables
- No Rhapsody blues for Lam
- Has public transport policy lost its way?
- Anti-sweatshop? Think less of feel-good steps
- Korea sparks new hope for Asian soccer