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Cheaper gold by Rs 10 lakh - 15% import duty prompts smuggling wave in India
The government's recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion. According to industry participants cited by ET, gold brought into the country through unofficial routes is currently available at a discount of Rs 8-10 lakh per kilogram when compared current domestic market prices. Much of this gold is said to come...
Singapore pushes to become regional gold hub as demand for bullion rises
Singapore pushes to become regional gold hub as demand for bullion rises Industry players say interest in storing gold in Singapore is rising among investors from markets such as India, Indonesia and Vietnam, drawn by the country's reputation for stability, security and strong governance. Singapore is looking to position itself as a regional hub for gold trading and storage, as demand for bullion grows across Asia. Industry players say interest in storing gold in the country is rising among...
Why 'irresponsible' dumping of mercury caused evacuations in outback town
Mercury dangers explained as authorities respond to contamination in Cunnamulla Sun 31 May 2026 at 5:30am In short: Authorities have spent days combing through suspected contamination sites in a remote Queensland town after students found mercury at the tip. A researcher says it was irresponsible for the vials to be dumped there due to the metal's health effects. Instead, the disposer should have contacted authorities or the local council for advice on what to do with it.
More than 250 athletes provisionally selected to represent Singapore at 2026 Asian Games
More than 250 athletes provisionally selected to represent Singapore at 2026 Asian Games Defending Asian Games champions Shanti Pereira and Ryan Lo are among those selected, along with Loh Kean Yew and the Quah siblings. SINGAPORE: A total of 256 athletes across 23 sports have been provisionally selected to represent Singapore at the upcoming Asian Games in Japan. In a media release issued on Tuesday (Jun 2), the Singapore National Olympic Council (SNOC) announced the first batch of athletes...
Gold Coast mayor questions axing of more than 500 affordable homes
Gold Coast mayor calls out Qld government for axing more than 500 affordable homes Wed 10 Jun 2026 at 3:31pm In short: Gold Coast mayor Tom Tate has called for the state to guarantee more affordable homes after 550 were scrapped from a new development. Deputy Premier Jarrod Bleijie wrote to developers in May requesting the removal of an affordable housing component for two south-east Queensland developments. Mr Bleijie has defended the decision, saying it will lead to an increase in housing...
ANU approved $250m cost-cutting plan without clear evidence, report finds
ANU council approved $250m of savings 'without clear evidence it was needed', report finds Thu 4 Jun 2026 at 7:45pm In short: A new report has found ANU approved its $250 million Renew ANU program without a clear understanding of its need, risks or likely impacts. The report recommended the university improve financial reporting and seek independent advice prior to making some financial decisions. ANU says it will implement all the recommendations in the report.
How have countries around the world responded to the US-Israel war on Iran?
How have countries around the world responded to the US-Israel war on Iran? The war, which has entered its 100th day, has upended global financial and energy markets, drawing concerns from world leaders. Sunday marks 100 days since the United States and Israel launched war on Iran – a conflict that has triggered a global energy crisis and darkened the global economic outlook.
David Sullivan: how did the pornographer rise so high in modern football?
Sullivan hoped football would legitimise him but claims about historical conduct have led to his resignation from West Ham• Sullivan steps down at West Ham to fight claims about private lifeWhen David Sullivan was growing up in a council house in Cardiff, he dreamed of becoming a professional footballer. Short and squat, he would never be a player, but later in life the fortune he built through the pornography industry and the property world gave him a route into the sport. The only problem,...
David Sullivan: how did the pornographer rise so high in modern football?
Sullivan hoped football would legitimise him but claims about historical conduct have led to his resignation from West Ham• Sullivan steps down at West Ham to fight claims about private lifeWhen David Sullivan was growing up in a council house in Cardiff, he dreamed of becoming a professional footballer. Short and squat, he would never be a player, but later in life the fortune he built through the pornography industry and the property world gave him a route into the sport. The only problem,...