Singapore

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9-Year-Old Writes Popular iPhone App

(Newser) - A 9-year-old Singapore boy has created a drawing application for the iPhone that is popular around the world, the Electric New Paper reports. Lim Ding Wen reworked one of his existing 20 programs for the touchscreen gadget. “I wrote the program for my younger sisters, who like to draw,...

Super Spas (for the Still-Rich)
 Super Spas (for the Still-Rich) 
TRAVEL

Super Spas (for the Still-Rich)

Less waiting perhaps, too, at these top-flight pushers of relaxation

(Newser) - From ancient minerals and monasteries to herb-infused wraps and waterfalls, sit back, relax, and enjoy Vanity Fair’s list of the world’s poshest spas:
  • Amangani, Jackson Hole, Wyoming: Jet-setters can get a taste of the Old American West, where “wildlife runs wild.”
  • The Spa at Gleneagles, Scotland:
...

Outage Strands 173 on Singapore Ferris Wheel

545-foot-tall ride is world's largest; no serious injuries reported

(Newser) - 173 passengers on the world’s largest observation wheel were stuck for 6 hours today when a fire caused the Singapore Flyer to lose power, AFP reports. 10 of the stranded sightseers were lowered to safety in harnesses, while the rest waited for electricity to return. Its manager said some...

Asia Stocks Edge Up
 Asia Stocks Edge Up 

Asia Stocks Edge Up

Aussie rate cut spurs recovery in some markets, Nikkei down to 5-year-low

(Newser) - Asian stocks outside Japan made a modest recovery from yesterday's plunge after Australia slashed its interest rate a full percentage point to 6%, Reuters reports. Indexes in South Korea, Taiwan and Singapore all edged up slightly. In Japan, the Nikkei was down 3% to a 5-year low after the Bank...

300M 'Chinglish' Speakers Can't Be Wrong

English as spoken in China may soon become a dialect

(Newser) - Some 300 million English speakers in China are altering the language in small but important ways—and may be creating their own dialect, Michael Erard writes in Wired. So-called "Chinglish"—which stresses unique syllables, drops dos and dids, and adds sounds for questions—has already been studied in...

Dubai Is the New Mecca for Theme Parks

Abu Dhabi, Shanghai also among locations planning impressive amusements

(Newser) - The big US amusement companies—Six Flags, Universal, SeaWorld, Warner Bros., MGM—have all seen the future, and it's in Dubai. That's where the world's largest playland—a sprawling $64-billion collection of theme parks, golf courses, museums and hotels—is going up, but it's only the most dramatic of projects...

Sovereign Funds Agree on Conduct

Treasury's Paulson works deal on keeping investment from crossing political bounds

(Newser) - Investment funds bankrolled by the governments of Abu Dhabi and Singapore agreed today with US Treasury Secretary Henry Paulson on guidelines aimed at allaying fears of political interference by the sovereign wealth funds, the Wall Street Journal reports. Decisions should be “based solely on commercial grounds," a statement...

Get Creative at Top Artsy Hotels
Get Creative at Top Artsy Hotels
TRAVEL

Get Creative at Top Artsy Hotels

Pitched tent, disco balls enliven lodgings on Budget Travel list

(Newser) - A good hotel provides comfort; a great hotel ... inspiration? Artists touched up the staid look of these hotels, selected by Budget Travel for their fake-fur tapestry, psychedelic mazes, and speckled French graffiti:
  1. The Winston, Amsterdam: This avant-garde hotel once displayed dead leaves; check out the Playnation room's trippy ceiling mural
...

Jesus-Themed Cosmetics Fail to Amuse
Jesus-Themed Cosmetics
Fail to Amuse

Jesus-Themed Cosmetics Fail to Amuse

Mock-religious line pulled from shelves in Singapore

(Newser) - What would Jesus use? A line of cosmetics that worked just that angle has been whisked from shelves in Singapore after a Catholic backlash, reports the Independent. The US-made line, called "Lookin’ Good for Jesus," drew criticism over slogans for lotions and bubble bath like “Get Tight...

For Hurting US Companies, World Supplies Band-Aid

In economic sea change, 'we need the money,' one US Rep. says

(Newser) - The subprime collapse has US financial institutions in uncharted waters—asking for help from foreign investors and governments, the Wall Street Journal reports. Citigroup, Merrill Lynch, and Morgan Stanley all have recently sought bailouts, a dramatic switch from a tradition that saw US banks coming to the “rescue of...

Merrill's $15B Write-Down Nearly Doubles Estimate

Latest loss, driven by mortgage woes, dwarfs original figure

(Newser) - Merrill Lynch will announce $15 billion in losses stemming from mortgage investments, figure twice its earlier forecast, the New York Times reports. The firm is expected to raise $4 billion quickly from outside investors. New CEO John Thain, who has already sold a $5.6 billion stake to a Singapore...

Merrill Deal Yields $6.2B in Capital

Bank sells discounted stock to investors, sells division to GE

(Newser) - With another quarter of massive writedowns looming, Merrill Lynch today announced a deal to raise up to $6.2 billion by selling discounted stock to two investors. Up to $5 billion will come from Temasek Holdings, Singapore's state-owned investment company. The other $1.2 billion comes from money managers Davis...

UBS Writes Down $10B; Sells $11.5B Stake

Subprime exposure will cost bank Q4 profit, result in loss for the year

(Newser) - Investors from Singapore and the Mideast will breathe $11.5 billion in new capital into UBS as the Swiss banking giant announces that it will write down an additional $10 billion in subprime holdings, Bloomberg reports. The bank said the subprime losses, the biggest  by a European bank, will wipe...

Rudy Partners Served Some Sketchy Clients

Singapore gambling venture linked to organized crime

(Newser) - Rudy Giuliani's presidential bid has focused on his record as mayor of New York, while his highly lucrative run at Giuliani Partners has received little scrutiny. The company declines to reveal all the clients in its far-flung portfolio, but the Chicago Tribune did some digging on one, a proposed $3....

Singapore Lifts Ban on Game With Lesbian Love
Singapore Lifts Ban on Game With Lesbian Love
UPDATED

Singapore Lifts Ban on Game With Lesbian Love

Mass Effect can be sold with M18 rating

(Newser) - Gamers in Singapore may now buy Microsoft's Mass Effect despite a female-female love scene. The country has decided to allow the sale of the video game under an M18 rating, reports Singapore's Straits Times, after previously banning it due to a scene showing a human woman and an alien woman...

Game Banned for Lesbian Scene
Game Banned for Lesbian Scene

Game Banned for Lesbian Scene

Microsoft's anticipated "Mass Effect" not showing up in Singapore

(Newser) - Singaporeans anticipating Microsoft’s much-ballyhooed Mass Effect video game should stop anticipating. Thanks to a scene in which a human woman kisses and caresses an alien woman, Singapore has banned the action-RPG, Reuters reports. Microsoft said it would respect the ban, but outraged gamers decried the decision as too strict....

A380's First Flight 'Phenomenal'
A380's First Flight 'Phenomenal'

A380's First Flight 'Phenomenal'

After long delays, the A380 delivers staggering experience

(Newser) - The Airbus A380 touched down in Sydney this morning, completing the festive maiden voyage of the world's largest jet. After a 2-year delay, passengers who boarded in Singapore say the champagne-fueled, 7-hour trip was worth the wait. “It's going to make everything else after this simply awful,” one...

Danger! Crocs on the Escalator!
Danger! Crocs on the Escalator!

Danger! Crocs on the Escalator!

Accidents on the rise for kids wearing popular shoes

(Newser) - At rail stations, department stores and shopping malls from Washington to Tokyo, kids wearing Crocs shoes or similar footwear are getting their toes caught in escalators with painful and occasionally bloody results. The accidents have become so commonplace that the Washington Metro has posted ads—featuring a crocodile—calling for...

7.5 Tremor Hits Indonesia
7.5 Tremor Hits Indonesia

7.5 Tremor Hits Indonesia

Sparks new tsunami alert and causes buildings to sway in Singapore

(Newser) - A 7.5-magnitude aftershock has rocked Indonesia, sparking a new tsunami alert and making buildings sway in nearby Singapore. This morning's 8.4 quake killed at least 5, injured dozens and sent people fleeing inland for safety. Governments issued alerts as far as Kenya and Tanzania warning people to abandon...

Asian Markets Soar After Fed's Rate Cut

Stocks see biggest jump in 5 years as panic gives way to optimism

(Newser) - The global equities sell-off ground to a halt today as Asian stocks had their biggest gains in five years. Responding to Friday’s cut in the US Federal Reserve’s discount rate, Japan’s Nikkei 225, Hong Kong's Hang Seng and South Korea's Kospi indexes all saw huge gains as...

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