A former teacher was charged in Singapore court on Thursday with multiple charges over sexual acts with an underage student. The 34-year-old Singaporean was handed nine charges in total – six of committing indecent acts with a young person and three charges of sexual penetration of a minor. A gag order imposed by the court prevents the publication of anything that might identify the accused and th...
A former teacher was charged in Singapore court on Thursday with multiple charges over sexual acts with an underage student. The 34-year-old Singaporean was handed nine charges in total – six of committing indecent acts with a young person and three charges of sexual penetration of a minor. A gag order imposed by the court prevents the publication of anything that might identify the accused and the victim. Court records indicate that the pair have a “former teacher and student...
Japan’s 10-year government bond auction saw the weakest demand since May after a renewed rise in oil prices fueled inflation worries and damped investor appetite. Existing 10- and 30-year debt fell after the bid-to-cover ratio at the sale of new notes dropped to 2.57, from 3.3 last month. It was also lower than the 12-month average of 3.28. Global bond yields climbed on Thursday after President Do...
Japan’s 10-year government bond auction saw the weakest demand since May after a renewed rise in oil prices fueled inflation worries and damped investor appetite. Existing 10- and 30-year debt fell after the bid-to-cover ratio at the sale of new notes dropped to 2.57, from 3.3 last month. It was also lower than the 12-month average of 3.28. Global bond yields climbed on Thursday after President Donald Trump said the US would hit Iran extremely hard over the next two to three weeks, damping hopes for a swift resolution to the conflict. The oil price climbed above $106 a barrel on concerns about further disruption to energy supplies. The 10-year JGB yield rose to 2.35%, just below the 2.39% peak reached last month. The yen weakened to 159.48 against the dollar after Trump’s comments. Investors are increasingly speculating that the Bank of Japan may need to tighten policy to counter depreciation in the currency, which briefly fell past the 160-per-dollar level late last week and again on Monday. Overnight index swaps imply traders are pricing in more than a 70% probability of a rate hike by April, with a 25-basis-point increase fully priced in by July.