SINGAPORE — The Monetary Authority of Singapore will soon start consultations on quicker approvals of new types of investment funds within its retail funds regulatory framework, Deputy Prime Minister Gan Kim Yong said at the Association of Banks in Singapore's annual dinner on Thursday (June 25).After the consultation process, the central bank could introduce a new category and approval process for non-traditional funds.Here are some details:Gan said that for most new fund types, MAS will aim to establish the necessary guardrails in about three months, which is quicker than the current process.Once the guardrails are in place, similar funds could receive authorisation in around three weeks.Funds would still need to meet core requirements in governance and asset safekeeping. He said a fund's underlying assets should be based on publicly traded securities and financial derivatives.Gan also said the MAS would establish the Future of Finance Institute, an innovation centre to pool resources for specific artificial intelligence and tokenisation capabilities as well as test emerging technologies.[[nid:738841]]

SINGAPORE – Disgruntled with their leader Pritam Singh and agitating for change, a group of Workers’ Party cadres aim to unseat him at the party’s internal elections come June 28.The search for a challenger has intensified in recent weeks, stemming from a High Court decision in December 2025 to uphold Singh’s conviction for lying to a parliamentary committee.The disgruntled lot have made overtures to several of the opposition party’s senior MPs, though no one has confirmed that they will run against Singh so far, party insiders told The Straits Times. They did not want to be named, citing disciplinary actions against members who had been publicly critical of the party.Names that have come up in discussion include Aljunied GRC MP Gerald Giam and Hougang MP Dennis Tan. Also mentioned were Sengkang GRC MPs He Ting Ru and Jamus Lim, who were part of a three-person disciplinary panel that found Singh had contravened the WP’s Constitution over his conviction.Several cadres said the situation was still fluid and may continue to change even up to the day of the votes.

Upset that he was penalised for a mistake he claimed he did not commit, a Foodpanda delivery rider has taken the battle to his customer.The rider, who identified himself as Sam, filed a police report after a customer allegedly cancelled an order he completed, he told AsiaOne on Thursday (June 25).According to the police report seen by AsiaOne, Sam received the customer's order on Tuesday at around 11.45am.The 39-year-old claimed he left the order at the designated drop-off point at the customer's office located within the Marina Bay financial district. Completing the order just after noon, Sam was on his way to get a separate order done when he received a notification from Foodpanda requesting compliance.This refers to Foodpanda's rider compliance rule, which deters riders against a range of negative behaviour such as missing items in delivery, taking long breaks or incorrectly marking orders as complete.Sam, who has been doing deliveries since 2020, immediately submitted an investigation request to Foodpanda, claiming that it was «very unlikely» that he delivered the wrong order.

Denmark plans to end refugee protections for military-age Ukrainians Read Full Article at RT.com

First responders are working at the site where the debris fell

According to the TV channel, as a gesture of good will, Israel will withdraw its troops from an area in southern Lebanon that has been under occupation

The Dutch team defeated Tunisia 3-1 in the final Group F match

The US has threatened to divert LNG supplies from the EU unless it eases methane rules imposed on foreign exporters Read Full Article at RT.com

A new book from two Washington reporters reveals what took place inside the White House after President Donald Trump’s return to power.

Calgary police say they are making progress in tackling extortion against members of the city's South Asian community. But they say they need the public's help and released mugshots of most of the suspects in an attempt to get it.

Red tornado warnings were issued for several London-area communities Thursday afternoon and evening as a severe thunderstorm made its way across southwestern Ontario, bringing torrential downpours and strong winds.

A specialized national security unit within the RCMP has opened an investigation into ideologically motivated violent extremism after Monday's midday shooting in Montreal that left three people dead, including a police officer and a bystander.

Depuis janvier, les candidatures explosent, le nouveau service militaire proposé par le président de la République séduit les jeunes. Quelles sont les particularités de ce service national ?

Russian lawmaker Andrey Kolesnik emphasized that several squadrons of fighter aircraft and strategic bombers have already been deployed near Russia’s borders

The forum will bring together more than 500 male and female youths from 70 countries as well as high-ranking delegations from 10 countries

Two house buildings and two civilian infrastructure facilities were damaged

Team Ecuador will now stay in the top eight of third-place teams at the FIFA World Cup

The Ivorians finished second in their group

A 31-year-old man was arrested on Wednesday (June 24) for allegedly molesting an 11-year-old girl in Woodlands.In a news release on Thursday afternoon, the police said the alleged offence happened at about 8.30pm on June 23 in the vicinity of Woodlands Drive 50.Checks by AsiaOne show that the stretch of road runs through several HDB precincts, including Woodlands Primary School.The man was identified and arrested by officers from Woodlands Police Division and the Criminal Investigation Department through follow-up investigations and with the aid of images from police cameras.He was arrested within a day of the report being made.If found guilty of outage of modesty, he faces a jail term of up to 10 years, along with mandatory caning. The police advised victims of molestation to move away from perpetrators and call the police immediately when it is safe to do so. Where possible and safe, victims should try to note key details such as the perpetrator's physical appearance, clothing, the time and location of the incident. [[nid:737395]]editor@asiaone.com 

A Singaporean photographer got off a flight and was greeted with «disbelief» after he was informed that Cristiano Ronaldo had reposted his pictures on Instagram.Freelance sports photographer Edmund Wong was in Houston to shoot the Portugal vs Uzbekistan match at the 2026 World Cup, when he managed to snap a couple of candid shots of the Portuguese superstar on the field.Much to Wong's «disbelief», the photos were later shared by Ronaldo, 41, to his 668 million Instagram followers, but without crediting Wong.The match, which saw Portugal win 4-0, also featured the football star's first two goals of the tournament.An emotional moment ensued on the field where Ronaldo's teammates hugged him after his first goal — that was immortalised by Wong in one of his photos, which he managed to capture with a bird's-eye view.This photo was reposted by Ronaldo on his account, which has since garnered eight million likes.However, Wong, a Fifa-accredited photographer, was not credited or tagged anywhere in the caption.

Malawi’s long‑running struggle to raise sufficient domestic revenue has placed renewed attention on the institutions responsible for collecting it. This week, Malawi Revenue Authority Commissioner General Felix Kingstone Tambulasi met with the GIZ Malawi “PFEM – Tikuze Malawi” team to map out the next phase of a partnership aimed at tightening the country’s tax administration. […] The post Mobilising Malawi’s revenue base: Inside MRA’s push to strengthen tax governance appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times.

CBC Sports' daily newsletter assesses Canada's chances against South Africa in the World Cup knockout stage this Sunday at 3 p.m. ET.

Montrealers of Venezuelan descent are living in uncertainty after two earthquakes struck north central Venezuela on Wednesday afternoon. The earthquakes, one a magnitude of 7.2 and the other 7.5, struck just one minute apart, causing widespread devastation and triggering the collapse of several buildings in the capital Caracas.

RCMP say although the two robberies took place four days and 170 metres apart, it is not clear if they are connected or if there are two scooter-riding bank robbers at large.

N.W.T. Fire extended its condolences to the families of three people who have been confirmed dead following a plane crash near Fort Simpson on Wednesday evening. The plane involved was responding to a wildfire, when it crashed about 50 kilometres from the N.W.T. community.

Shiv Sena MP Sanjay Dina Patil apologized to journalists after an aggressive outburst, citing continuous humiliation and repeated questioning. He expressed regret for using inappropriate words in the heat of the moment, but insisted his family be kept out of political discourse. Deputy Chief Minister Eknath Shinde suggested Patil's reaction stemmed from personal attacks, while Chief Minister Devendra Fadnavis stated he would gather more information before commenting.