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Blast off: Rocket Lab shares jump 34%, adding $28 billion to its market value

The Kiwi-American firm scores wins from the Pentagon to the Red Planet.

US Secretary of War Pete Hegseth with Rocket Lab founder Sir Peter Beck during the US cabinet member's visit to Rocket Lab's Long Beach, California headquarters on January 9.

US Secretary of War Pete Hegseth with Rocket Lab founder Sir Peter Beck during the US cabinet member's visit to Rocket Lab's Long Beach, California headquarters on January 9.

US Secretary of War Pete Hegseth with Rocket Lab founder Sir Peter Beck during the US cabinet member's visit to Rocket Lab's Long Beach, California headquarters on January 9.

US Secretary of War Pete Hegseth with Rocket Lab founder Sir Peter Beck during the US cabinet member's visit to Rocket Lab's Long Beach, California headquarters on January 9.
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ASEAN needs to involve private sector in oil stockpiling framework: Malaysian minister

Malaysian Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani said the proposal to develop the framework was tabled during an ASEAN meeting held in Cebu, the Philippines on May 7.

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Pope Leo asks God to ‘enlighten’ world leaders in veiled message to Trump

The Pontiff asked worshippers to pray that governments turn away from violence.

Pope Leo XIV waves to the crowd from the Popemobile at the end of a pastoral visit in Naples. Photo / AFP

Pope Leo XIV waves to the crowd from the Popemobile at the end of a pastoral visit in Naples. Photo / AFP

Pope Leo XIV waves to the crowd from the Popemobile at the end of a pastoral visit in Naples. Photo / AFP

Pope Leo XIV waves to the crowd from the Popemobile at the end of a pastoral visit in Naples. Photo / AFP
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Weather: Six people rescued after becoming trapped in floodwaters in Marlborough

The group were rescued from vehicles trapped in floodwaters near Canvastown.

Most parts of the country are in for wet weather and lower temperatures this weekend. Photo / MetService

Most parts of the country are in for wet weather and lower temperatures this weekend. Photo / MetService

Most parts of the country are in for wet weather and lower temperatures this weekend. Photo / MetService

Most parts of the country are in for wet weather and lower temperatures this weekend. Photo / MetService
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Philippines records largest trade deficit among ASEAN economies

Based on bilateral trade figures from the UN Commodity Trade Statistics Database, the Philippines posted the largest trade deficit among member economies of the Association of Southeast Asian Nations (ASEAN) from 2015 to 2024.

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‘Burnt-out and lost’ employee wants to quit amid growing responsibilities ‘for growth’ with no hope of promotion, advised to ‘quiet quit’

SINGAPORE: Netizens have advised a “burnt-out and lost” employee to “quiet quit” after she shared online that she had been “crying every day” and felt “super miserable” amid growing responsibilities at work, asking others, “How do you all bite through such days, and is this really the economy to be prioritising mental health?” as she considers quitting.

The post author, who had been in her current role for two years, shared on r/askSingapore that her work had been filled with “compressed timelines and bloated responsibilities,” with no hope of promotion.

According to her, her responsibilities continued to balloon even after she said she had clearly expressed that she was “happy” in her current role and “not looking to get promoted,” yet was still given new responsibilities for “growth.” Her co-workers, she said, are “suffering” just the same.

Netizens online appeared to feel the same way, with one sharing that she too has been crying “before work, during work, while on meal breaks, then back to the grind”.

She added, “Every day, there are so many posts of people struggling with their jobs, and I don’t know what it would take to have a reform of the workplace globally because it sure isn’t only just in SG that we are feeling it. I’m seeking therapy to deal with the burnout.”

Another commenter advised to “quiet quit”, adding that she should start looking for a new job or a side hustle—something that can tide her through.

“Just go home every day on the dot and delay deadlines, saying that it can’t be done on time without proper help. Getting it done is only going to show them it’s possible to keep pushing you and provide less support. Or maybe save more to be able to semi- or fully retire by a certain age? Gotta start thinking about your future. Everything’s changing fast with AI, and it’s crazy,” she added.

Others who are also in similar situations, however, advised quitting altogether.

One wrote: “I’m struggling and overloaded, and sometimes my tears just flowed while working. I’ve been sending resumes and praying I can leave this job asap. I plan for holidays, short weekend trips and things to do after work so that I can have something to look forward to. If not, I’ll go crazy thinking about the never-ending workload. I know it can be difficult, but cheer up, and I hope that we can escape this soon!”

In March, a survey found that Singapore workers reported being stressed at work due to heavy workloads, poor management or leadership, and tight deadlines, but were receiving little meaningful support.

In fact, a recent poll by global recruitment consultancy and talent solutions firm Robert Walters also found that three in 10 workers in the little red dot have been “frequently” quiet cracking, while about seven in 10 occasionally feel the same, as they continue to show up at work despite burning out.

Still, according to global executive search and leadership consulting firm Pearson Partners International, quiet quitting, the rejection of the idea that employees should go above and beyond their job scope, is not the answer.

It may provide temporary relief, but just that: temporary. /TISG

Read also: Resilient but disengaged? Report says ‘functional disengagement’ rises among Singapore workers

This article (‘Burnt-out and lost’ employee wants to quit amid growing responsibilities ‘for growth’ with no hope of promotion, advised to ‘quiet quit’) first appeared on The Independent Singapore News.

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After more than a century, Labour has lost Wales

After all the predictions, projections and polling permutations, Welsh Labour’s defeat has been confirmed.

In 1985, Welsh historian Gwyn Alf Williams described Labour majorities standing “like Aneurin Bevan’s memorial stones”. Forty years on, the stones have finally been eroded. On the worst day for the party in its history in Wales, even its leader, Eluned Morgan, lost her seat.

After more than a century as Wales’ dominant political force, the figures and symbols that once anchored Welsh Labour now lie broken.

The scale of the defeat is difficult to overstate. Losses in historic heartlands that have voted Labour consistently for more than a century represent a devastating indictment of a party that has long mistaken dominance for consent. This is not a routine electoral setback, but a collapse.

Short-term factors played their part. Welsh Labour’s decision to abandon its “standing up for Wales” rhetoric and attach itself to an unpopular Keir Starmer-led UK government led the party to surrender one of its strongest political identities.


Read more: Elections 2026: Experts react to the Reform surge and Labour losses


Furthermore, the short-lived, scandal-ridden leadership of Vaughan Gething, and an incumbency backlash among certain voters, contributed to Labour’s worst-ever Senedd result. But while these factors shaped the timing and scale of the loss, they cannot by themselves explain it.

This election marks a reckoning that has been coming for a while. After more than a century of political dominance, the myths and symbols that sustained Welsh Labour (and the idea that Labour is Wales, and Wales is Labour), have finally withered. The defeat reflects not simply a bad campaign or unpopular leaders, but a party that has run out of steam and ideas.

Since devolution, Welsh Labour has spoken the language of radical politics while failing to realise radical outcomes. Limited powers and constrained budgets are real obstacles, but they do not excuse the absence of political ambition from a party that has governed Wales uninterrupted for nearly three decades. Few parties in democratic systems have enjoyed such long-term dominance; Welsh Labour has failed to take advantage of it.

Longer-term decay

The electoral collapse reflects a deeper unwillingness to confront Wales’ long-term material decline. Across health, housing, education and the economy, rhetorical ambition has been undermined by narrow, managerial interventions. Child poverty remains entrenched, educational standards have declined and the NHS is under sustained pressure. Progressive language has failed to translate into material improvement.

In defending Wales against Tory austerity, Welsh Labour neglected the harder task of articulating what Wales could become and how devolved powers could be wielded effectively to improve people’s lives. The result has been a politics that speaks the language of progress while leaving the structures of inequality largely untouched.

Over time, this gap between promise and experience has eroded trust. In an era of weakening party attachment and fluid political identities, historical loyalty can no longer be relied upon. The continued invocation of figures such as Aneurin Bevan may still resonate within the party but beyond this, their power has faded. Nostalgia has become a liability, especially when it substitutes for critical reflection or ideological renewal. Welsh Labour came to mistake familiarity for consent.

bronze statue of nye bevan in cardiff.
Welsh Labour can no longer rely on the legacy of ‘father of the NHS’ Nye Bevan. Steve Travelguide/Shutterstock

The Senedd election result is not a rejection of progressive values, but of Labour’s symbolic performance of them. Many voters were not turning away from radical ambition when they voted for Plaid Cymru; they were seeking a party they believed could still embody it. Welsh politics has often been defined by its radical traditions – and progressive voters have put their faith in Plaid to inherit them.

One-party dominance insulated Welsh Labour from the pressures that force political renewal. When that dominance finally fractured, the party found itself unable to articulate an alternative sense of purpose.

The collapse, therefore, is not a sudden termination, but the culmination of a prolonged period of stagnation. The majorities once symbolised by Aneurin Bevan’s memorial stones have been gradually eroded, enduring for decades but now standing merely as reminders of a Labour legacy that no longer finds resonance in Wales.

The Conversation

Nye Davies does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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Katikati’s Reid family resentenced after mystery benefactor fails to pay fines on their behalf

The Reids were fined $138,000 for unconsented buildings and dwellings on their rural land.

The Reid family (Jason, Dhruva, Bianca and Bhadra) had to be resentenced after a benefactor failed to pay their court-imposed fines, as promised.

The Reid family (Jason, Dhruva, Bianca and Bhadra) had to be resentenced after a benefactor failed to pay their court-imposed fines, as promised.

The Reid family (Jason, Dhruva, Bianca and Bhadra) had to be resentenced after a benefactor failed to pay their court-imposed fines, as promised.

The Reid family (Jason, Dhruva, Bianca and Bhadra) had to be resentenced after a benefactor failed to pay their court-imposed fines, as promised.
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