Girl hurt in Woodlands crash wakes up after 11 days in coma
SINGAPORE (THE NEW PAPER) – An eight-year-old girl who was flung out of a van in a road accident in Woodlands last month woke up on Tuesday (Nov 3) after […]
Sustainability should be put at the core of post-pandemic recovery plans: Grace Fu
SINGAPORE – As Singapore revives its pandemic-hit economy, sustainability and the fight against climate change must be a fundamental driver in post Covid-19 recovery plans, said Minister for Sustainability and […]
US stock futures climb with early vote counts coming in
NEW YORK (BLOOMBERG) – US equity futures pointed to further gains after the biggest two-day rally since September, while Treasury futures slid as investors speculated America would get a clear […]
Great Eastern Q3 profit up 40% to $287.9 million
SINGAPORE (THE BUSINESS TIMES) – Great Eastern Holdings on Wednesday (Nov 4) posted a 40 per cent rise in net profit to $287.9 million for the third quarter ended Sept […]
UOB Q3 profit falls 40% to $668 million on higher provisions
SINGAPORE – United Overseas Bank posted a 40 per cent drop in third-quarter net profit to $668 million from $1.12 billion a year earlier as the bank built up on allowances […]
Jack Ma’s personal wealth drops US$3 billion after Ant Group IPO freeze
HONG KONG (BLOOMBERG) – Jack Ma was poised to become Asia’s richest person with Ant Group’s public offering. Instead his net worth has tumbled almost US$3 billion (S$4.1 billion) and […]
Jack Ma’s blunt words just cost him US$37 billion
HONG KONG (BLOOMBERG) – Jack Ma is a very busy man. China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group […]
SFA directs recall of 2 ‘gluten-free’ cereal products for containing the protein
SINGAPORE – Two cereal products which are labelled as gluten-free are being recalled for containing the protein, said the Singapore Food Agency (SFA) on Tuesday (Nov 3). The products – […]
Covid-19: Automated wireless system that monitors blood oxygen successfully piloted
SINGAPORE – A new weapon has been added to Singapore’s arsenal against Covid-19: an automated system that monitors oxygen levels in the blood. Low blood oxygen could be a symptom […]
SGO, No. 1 Oilless Bearing Company in Korea, Goes Online
Seoul, Korea – The demand for bearings used in mechanical equipment has been increasing worldwide, and the bearing market is expected to grow rapidly. SGO is Korea’s No. 1 manufacturer […]
MAS to stop issuing $1,000 notes over money laundering, terrorism financing concerns
SINGAPORE – The Monetary Authority of Singapore (MAS) will stop issuing the $1,000 note from January next year to minimise the money laundering and terrorism financing risks associated with such a […]
Singapore tourism industry offers bundled promotions to entice locals
SINGAPORE – Local tourism is getting a boost from bundled promotions by hotels, attractions, restaurants and shops, which are being offered under the SingapoRediscovers campaign from Tuesday (Nov 3). The […]
Jobless man of unsound mind ordered to be detained after trial for murdering 75-year-old father
SINGAPORE – A 46-year-old man of unsound mind was ordered to be detained at the President’s pleasure on Tuesday (Nov 30) after the High Court found, following a trial, that […]
Mukesh Ambani loses $8.87 billion as oil sinks Reliance stock
MUMBAI (BLOOMBERG) – Mukesh Ambani, Asia’s richest man, saw US$6.5 billion (S$8.87 billion) wiped from his net worth as Reliance Industries shares tumbled the most in over seven months following […]
Singapore-based hedge fund is world’s best-performing with 275% gains
SINGAPORE (BLOOMBERG) – Long before he ran the world’s best-performing hedge fund, Qian Yong Qiang chaired China’s biggest online dating service. The Yale graduate would spend hours tracking down attractive […]
Fin or tech? Why China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank
BEIJING (REUTERS) – China’s Ant Group, about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it – a financial colossus […]
Royal Caribbean suspends cruises through year end on rising Covid-19 cases
BENGALURU (REUTERS) – Cruise operator Royal Caribbean Group said on Monday (Nov 2) it would stop all its cruises through the end of the year, extending previous suspensions, as coronavirus […]
Wall Street rises but market braced for choppy trade in US election week
NEW YORK (REUTERS) – The Dow and S&P closed higher on Monday (Nov 2) with the Nasdaq posted slimmer gains on the eve of the US presidential election, as investors […]
Valarhash Officially Launches New Service Series for its Mining Hosting Operations
CHENGDU, CHINA, Oct 31, 2020 – (ACN Newswire) – Valarhash, a leader in digital asset services, officially launches a new series of cryptocurrency miner hosting services, now enabling customers with remote online access to […]
With no grand festivities this year, crowds still visit Little India to shop ahead of Deepavali
SINGAPORE – There will be no grand festivities for Deepavali this year, but crowds still descended on Little India on Sunday (Nov 1) afternoon to get their shopping done ahead […]