logo
Owen earns Australia squad spots for South Africa short-format series

Owen earns Australia squad spots for South Africa short-format series

Straits Times6 days ago
Sign up now: Get ST's newsletters delivered to your inbox
SYDNEY - Mitch Owen has been rewarded for his fine form in his first five Twenty20 internationals by being named in both of Australia's squads for short-format series against South Africa in the far north of the country next month.
The 23-year-old all-rounder, who has yet to play a one-day international, scored 125 runs and took two wickets as Australia swept West Indies in all five T20s in the Caribbean this month.
Mitch Marsh captains both T20 and ODI squads in the absence of regular 50-overs skipper Pat Cummins, who will sit out the series with fellow quick Mitch Starc.
Paceman Josh Hazlewood and batter Travis Head return to both squads as Australia continue their preparations for the T20 World Cup in India and Sri Lanka early next year.
Steve Smith and Glenn Maxwell have both retired from ODIs but the latter was named in the T20 squad, which will face South Africa in two matches in Darwin and another in Cairns.
"As we build towards the T20 World Cup the flexibility and depth shown in the West Indies, outside of the obvious results, has been a huge positive," said chief selector George Bailey.
"The flexibility within the batting order and ability of bowlers to bowl in different stages of the innings were particularly pleasing to see."
Top stories
Swipe. Select. Stay informed.
Asia Japan issues tsunami warning after 8.8-magnitude earthquake strikes off Russia
Business S'pore's Q2 total employment rises, but infocomm and professional services sectors see more job cuts
Business MAS keeps Singapore dollar policy unchanged amid US tariff risks to economy
Singapore Singapore prepared to recognise State of Palestine in principle; goal is to reach peace, 2-state solution
Business Cathay Cineplexes ropes in restructuring specialist as more payment demands pile up
Opinion Nobel Prize? Maybe not, but give Asean credit for Cambodia-Thailand ceasefire
Asia Fragile Cambodia-Thailand truce faces challenges on day one
Singapore Grace Fu apologises for Tanjong Katong sinkhole, says road may stay closed for a few more days
Wicketkeeper Alex Carey and top-order batsman Marnus Labuschagne were included in the ODI squad only, along with fast bowlers Xavier Bartlett and Lance Morris.
The ODI series takes place after the completion of the T20s, kicking off in Cairns with the last two matches at the Great Barrier Reef Arena in Mackay.
T20 Squad: Mitchell Marsh (captain), Sean Abbott, Tim David, Ben Dwarshuis, Nathan Ellis, Cameron Green, Josh Hazlewood, Travis Head, Josh Inglis, Matt Kuhnemann, Glenn Maxwell, Mitchell Owen, Matthew Short, Adam Zampa
ODI Squad: Mitchell Marsh (captain), Xavier Bartlett, Alex Carey, Ben Dwarshuis, Nathan Ellis, Cameron Green, Josh Hazlewood, Travis Head, Josh Inglis, Marnus Labuschagne, Lance Morris, Mitchell Owen, Matthew Short, Adam Zampa REUTERS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Here are the 10 best-performing ETFs on SGX
Here are the 10 best-performing ETFs on SGX

Straits Times

timea minute ago

  • Straits Times

Here are the 10 best-performing ETFs on SGX

Sign up now: Get ST's newsletters delivered to your inbox As at June, Singapore's ETF market comprised 47 listings with total assets under management reaching $14.3 billion, up 32 per cent year on year. SINGAPORE - Exchange-traded funds (ETFs) listed on the Singapore Exchange (SGX) have recorded net inflows of $700 million in the first half of 2025, according to the local bourse's latest ETF Market Highlights report. This is supported by $1.2 billion in net creations across 22 ETFs, alongside $500 million in net redemptions from 13 ETFs. As at June, Singapore's ETF market comprised 47 listings with total assets under management (AUM) reaching $14.3 billion, up 32 per cent year on year. Equity and gold ETFs led the growth, with turnover increasing by 69 per cent and 62 per cent, respectively. Retail segment turnover also saw strong momentum, climbing 67 per cent. Inflows for Singapore-focused ETFs stood at $568 million, driven by declining Singapore dollar rates and robust market momentum. In particular, the combined AUM of the SPDR Straits Times Index ETF and Nikko AM Singapore STI ETF hit a record high of $2.8 billion in June. Here are the top 10 SGX-listed ETFs in terms of total returns for the first half of 2025. As a gauge, the US S&P 500 is up more than 8 per cent this year. 1. SPDR Gold Shares The SPDR Gold Shares ETF tracks the performance of gold bullion, with its underlying index being LBMA Gold Price PM. As such, it provides investors with direct exposure to gold prices without the need to hold physical metal. Its return rate was the highest among all SGX-listed ETFs for the half year at 17 per cent. With growing geopolitical uncertainties and robust safe-haven demand, the ETF saw record inflows and AUM, as holdings surged 75 per cent year on year to reach $2.4 billion in June 2025. 2. Phillip SING Income ETF The top Singapore equity ETF for H1 of this year offers exposure to 30 high-yielding SGX-listed stocks screened for quality and financial health. Its interest is in income-focused strategies and has a dividend yield of 3.6 per cent. It tracks the Morningstar Singapore Yield Focus Index and saw a return of 11.9 per cent for the half year and nearly 26 per cent for the full year. 3. Lion-Nomura Japan Active ETF (Powered by AI) An actively managed ETF using artificial intelligence (AI)-driven models to select constituents from Japan's Tokyo Stock Price Index, its returns for the first half year was at 11.7 per cent. Its total returns for one year stood at 13.8 per cent. The Lion-Nomura Japan Active ETF is the second best performing equity ETF on SGX for the half year. 4. Lion-OCBC Securities Hang Seng Tech ETF The ETF tracks the Hang Seng Tech Index, and provides exposure to 30 of the largest Chinese tech firms listed in Hong Kong, such as Tencent, Alibaba, and Meituan. Its first half year return stood at 10.4 per cent. The Lion-OCBC Securities Hang Seng Tech ETF continued to perform well amid China's stimulus efforts and optimism on AI-related technologies despite broader macro challenges. Its top three sectors are consumer discretionary, communications and information technology, with its AUM standing at $378 million as at May 2025. 5. Lion-OCBC Securities APAC Financials Dividend Plus ETF This ETF tracks top dividend-paying financial stocks across Apac via the iEdge APAC Financials Dividend Plus Index, with a 9.9 per cent return recorded for the period. It is able to offer stable income and quality exposure to the region's banking and insurance sectors, and benefits from regional rate cut expectations. The Lion-OCBC Securities APAC Financials Dividend Plus ETF is the fourth top-performing equity SGX-listed ETF for the half year. 6. Xtrackers FTSE Vietnam Swap UCITS ETF This ETF offers exposure to Vietnam's equity market, which made gains on manufacturing recovery and foreign direct investment inflows. It tracks the FTSE Vietnam Index, and benefits from Vietnam's export-driven growth and regional supply chain shifts. For the first half, its return stood at 9.9 per cent. It is the fifth top-performing equity SGX-listed ETF for the half year. 7. CGS-Fullgoal Vietnam 30 Sector Capped ETF The CGS-Fullgoal Vietnam 30 Sector Capped ETF tracks 30 of Vietnam's top-performing sectors with caps to prevent over-concentration. It gives investors balanced exposure across financials, industrials, and consumer sectors – key growth drivers in the country's economy. The ETF's underlying index is the SGX iEdge Vietnam 30 Index, and recorded a first-half return of 9.7 per cent. 8. Xtrackers MSCI Singapore UCITS ETF The ETF benefited from the recovery in property and banking stocks, and Singapore dollar-focused investor sentiment amid falling local rates. It provides exposure to large-, mid-, and small-cap Singapore companies by tracking the MSCI Singapore Investable Market Total Return Net Index, with a first half return of 9.7 per cent. 9. UOB APAC Green REIT ETF Focused on high-yield real estate investment trusts (Reits) across Apac with strong ESG credentials, the UOB APAC Green Reit ETF achieved the best half year performance among the five Reit ETFs listed on the SGX. It tracks the iEdge-UOB APAC Yield Focus Green Reit Index, with a first half half return at 9.3 per cent. The ETF recorded the highest returns among SGX's sustainability-linked ETFs as well for H1 of this year. 10. Xtrackers MSCI China UCITS ETF This ETF offers broad exposure to Chinese equities including tech, financials, and consumer names, as its underlying index is the MSCI China TR Net Daily USD Index. For the half year, its returns stood at 8.9 per cent. It tracks the performance of large and mid-cap Chinese companies across A Shares, H Shares, B Shares, Red Chips, P Chips and foreign listings. Reit ETFs see new AUM all-time high; S-Reits record strong distribution yield Amid the current murky geopolitical and global trade climate, SGX-listed Reit ETFs displayed strength in the first half, with S-Reit ETFs offering highest returns in June. S-Reit ETFs also have the highest gross dividend indicated yields of up to 6 per cent now. The AUM value of Reit ETFs achieved a new record of nearly $1.2 billion, surpassing the last high in September 2024 of around $1 billion. UOB APAC Green Reit ETF recorded the top half-year returns level of 9.3 per cent followed by Phillip APAC Div Reit ETF with 7.5 per cent. CSOP iEdge S-Reit ETF was the best performer for the month of June, returning 4.7 per cent. The five Reit ETFs pay out an average dividend of close to 5.2 per cent, with the CSOP iEdge S-Reit ETF's 12-month gross yield at about 6 per cent. According to SGX data in June, retail investors were the net buyers of S-Reits, as the sector received a total net retail inflow of around $400 million as at June 26.

Indonesia police detain former eFishery CEO who faked data
Indonesia police detain former eFishery CEO who faked data

Straits Times

time2 hours ago

  • Straits Times

Indonesia police detain former eFishery CEO who faked data

Sign up now: Get ST's newsletters delivered to your inbox The company claimed revenues of US$752 million in the first nine months of 2024, while the true number was just US$157 million. JAKARTA – Indonesian police have detained the co-founder and former chief executive officer of eFishery, who has previously admitted faking financial information at the once high-flying aquaculture startup. Gibran Huzaifah was detained along with two other former executives, Angga Hadrian Raditya and Andri Yadi, according to a text message from the director of special economic crimes at the National Police's Criminal Investigation Agency, Helfi Assegaf. DealStreetAsia earlier reported the detentions. There was no immediate indication the three former executives have been charged with any wrongdoing or named as suspects. All three have been held since July 31, according to the police. Gibran has told Bloomberg News he faked accounts at eFishery , which since the scandal has been administered by FTI Consulting. By the time it collapsed, the scheme had blown up into a multinational web of fake shell companies and padded accounts. The company claimed revenues of US$752 million (S$970 million) in the first nine months of 2024, while the true number was just US$157 million, according to an internal investigation. 'You see yourself in the mirror and when you do something wrong, you know that you're not proud of yourself,' Gibran said during a five-hour conversation on the scheme. 'I thought I would just do it to survive.' Several high-profile firms had invested in eFishery, including Japan's SoftBank Group and Singapore's Temasek Holdings. Bloomberg

When Trump changes his mind, Republicans find a way to fall in line
When Trump changes his mind, Republicans find a way to fall in line

Straits Times

time2 hours ago

  • Straits Times

When Trump changes his mind, Republicans find a way to fall in line

Sign up now: Get ST's newsletters delivered to your inbox Mr Donald Trump has a pattern of accepting results that benefit him and denigrating those he dislikes as being rigged or part of a scam. WASHINGTON – President Donald Trump and his top aides used to be all too happy to praise the numbers from the Bureau of Labor Statistics. In February, Mr Trump displayed a chart in the Oval Office showing that the United States had gained an estimated 10,000 manufacturing jobs. When the bureau's March report came out, Ms Karoline Leavitt, the White House press secretary, celebrated the 'GREAT NEWS!' on social media. And as recently as last week, Vice-President J.D. Vance promoted data from the bureau that showed an increase in jobs among US-born residents. That was then. After the bureau put out a less-than-impressive jobs report on Aug 1, Mr Trump fired Ms Erika McEntarfer, the agency's commissioner, and claimed the figures were rigged. (In the way of proof, he said it was 'my opinion'.) Now, many Trump allies who walk in lock step with the president are in an awkward position. They have to justify tarnishing the reputation of the very bureau whose work they had cited freely in the past. Some began arguing that there were too many revisions, long a part of the process in calculating jobs data. Others accused the bureau of lacking transparency. Some simply argued that the president had the right to fire whomever he likes. Still others repeated Mr Trump's claim of rigged data. Senator Markwayne Mullin who voted for Ms McEntarfer's confirmation in 2024, accused her on Fox News of generating 'fake reports'. 'I'm glad she's out of a job,' he said. Senator Roger Marshall who also voted for Ms McEntarfer, accused her of incompetence. 'Legacy media's wrong on why the BLS chief was fired,' Mr Marshall wrote on social media. 'It's not 'bad numbers' – it's incompetence. She inflated job numbers by 800,000 pre-election, then missed by 250,000 last two months. How can the Fed make sound decisions with such flawed data? Trump was right to act.' Labor Secretary Lori Chavez-DeRemer, who in March had hailed the bureau's statistics showing strong job growth, backed Mr Trump's concerns about Ms McEntarfer in a post on social media. A spokesperson for Mr Vance – who had promoted the bureau's work the same day that Mr Trump fired Ms McEntarfer – said he was 'completely aligned with President Trump and was glad to see him dismiss the BLS commissioner'. Appearing on NBC's 'Meet the Press,' Mr Kevin Hassett, the director of the White House National Economic Council, declined on Aug 3 to furnish detailed evidence that would substantiate the president's claims that data had been manipulated. Instead, Mr Hassett, who in the past has cited staff at the bureau as 'professionals', said, 'The president wants his own people there so that when we see the numbers, they're more transparent and more reliable.' On CBS' 'Face the Nation,' Mr Jamieson Greer, the US trade representative, cited the bureau's use of revisions, even though they are part of a normal process of shoring up statistical data to ensure it is accurate. 'There are always revisions, but sometimes you see these revisions go in really extreme ways,' Mr Greer said. 'And it's, you know, the president is the president. He can choose who works in the executive branch.' The White House distributed a document accusing Ms McEntarfer, a Biden appointee who was confirmed by a vote of 86-8 in the Senate, of a 'lengthy history of inaccuracies and incompetence'. 'The fact of the matter is that BLS has had clear problems with the reliability and accuracy of its employment statistics since the start of the Covid pandemic over five years ago,' the White House said in a statement on Aug 4. Mr Trump has a pattern of accepting results that benefit him and denigrating those he dislikes as being rigged or part of a scam. He has objected to the results of the Emmys, falsely claimed that President Barack Obama did not win the popular vote and asserted that his erstwhile rival Senator Ted Cruz of Texas 'stole' a primary victory from him in Iowa in 2016. After losing the 2020 election, Mr Trump spread the lie that the election had been stolen from him. And since returning to office, he has lashed out at the sources of bad news for his administration, including judges who rule against him. In May, when he received a mix of good and bad economic news, Mr Trump said the 'good parts' of the economy were his, while the 'bad parts' belonged to the previous administration. Mr Stephen J. Farnsworth, political science professor at the University of Mary Washington, said even though much of the economic news Ms McEntarfer delivered to the Trump White House was positive, 'that wasn't enough.' 'The firing is a warning to other government officials that Trump pays very close attention to whether the news makes him look good or not,' he said. 'The larger issue is what this means for markets and for investors. If we're talking about an environment where the impartiality or accuracy of government statistics is called into question, it's much harder for people to make rational and informed choices.' While it remains to be seen whom Mr Trump will appoint to the position, the vote will serve as a test for Republican senators. 'The key question for the Congress is: To what extent will they insist on a competent professional to be confirmed for this position going forward?' Prof Farnsworth said. NYTIMES

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store