SIA seeks S$8.8b in rights issue of shares and bonds
SINGAPORE Airlines has proposed a massive cash call comprising a 3-for-2 rights issue of shares and...
PUBLISHED Mar 27, 05:50 AM
Hot stock: Singapore Airlines shares fall after S$8.8b cash call unveiled
SINGAPORE Airlines' (SIA) stock price saw some volatility on Friday morning, shortly after the flag...
PUBLISHED Mar 27, 10:36 AM
Singtel's video streaming service Hooq in liquidation
HOOQ Digital, a joint-venture company in which Singtel has an indirect 76.5 per cent effective inter...
PUBLISHED Mar 27, 02:45 PM
Stocks to watch: Singapore Airlines, MCT, Singapore Press Holdings, SPH Reit, UOB
THE following companies saw new developments that may affect trading of their securities on Friday:
PUBLISHED Mar 27, 09:05 AM
China tycoon sells S$14m of ESR-Reit and IReit units in a fortnight
CHINESE tycoon Tong Jinquan has sold nearly S$14 million worth of units in Singapore-focused industr...
PUBLISHED Mar 27, 05:50 AM
STI rally loses steam as economic realities hit
THE recent rally in the Singapore equity market fizzled out on Thursday, as optimism gave way to the...
PUBLISHED Mar 27, 05:50 AM
MOM to enforce safe-distancing measures; firms which flout rules face stop-work order
COMPANIES which do not adhere to recently unveiled safe-distancing measures could face stop-work or...
PUBLISHED Mar 27, 03:18 PM
Resilience package to mitigate earnings drop for STI stocks
"SIGNIFICANT" cost savings of 4 per cent are expected for Straits Times Index (STI) stocks arising f...
PUBLISHED Mar 28, 05:50 AM
Hedge funds are pouncing on companies infected by coronavirus
[NEW YORK] Hedge funds have lost billions of dollars as coronavirus has stalled the economy and sent...
PUBLISHED Mar 28, 10:46 AM
'Corona criminals' prey on Europe's virus fears
[THE HAGUE] From trafficking dodgy surgical masks to peddling counterfeit medicines and running inte...
PUBLISHED Mar 28, 02:23 PM
Deep value has yet to emerge in Singapore equities: OCBC
SINGAPORE equities are trading at attractive valuations following a Covid-19 induced market sell-off...
PUBLISHED Mar 27, 05:50 AM
Measures won't stave off recession but will contain damage: economists
THOUGH the larger-than-expected S$48.4 billion Resilience Budget will not stave off recession, it wi...
PUBLISHED Mar 28, 05:50 AM
URA urges showflat viewings by appointments amid Covid-19
CHIP Eng Seng's Kopar At Newton condo could serve to be a test case of how developers can launch pro...
PUBLISHED Mar 28, 05:50 AM
US lab unveils portable 5-minute Covid-19 test
[WASHINGTON] A US-based lab has unveiled a portable test that can tell if someone has Covid-19 in as...
PUBLISHED Mar 28, 01:26 PM
Singtel's streaming service Hooq files for liquidation
HOOQ Digital, a joint-venture firm in which Singtel has a 76.5 per cent effective interest, has comm...
PUBLISHED Mar 28, 05:50 AM
Freelancers to get $1,000 monthly for nine months, higher training allowances
FREELANCERS and gig workers welcome the new slew of support measures to help them ride out the Covid...
PUBLISHED Mar 27, 05:50 AM
Tenants sceptical that landlords will pass on rebates in Resilience Budget
MAJOR landlords say they intend to pass on the expanded property tax rebates announced in Thursday's...
PUBLISHED Mar 27, 05:50 AM
SGD bounces slightly after fiscal blast
THE beleaguered Singapore dollar (SGD) rallied on Friday, after Deputy Prime Minister Heng Swee Keat...
PUBLISHED Mar 28, 05:50 AM
Taiwan says US media expelled from China are welcome
[TAIPEI] American journalists expelled by China are welcome to set up shop in Taiwan, foreign minist...
PUBLISHED Mar 28, 02:17 PM
Singapore hotels 51% full in Feb 2020, room revenues plunge 40%: STB
SINGAPORE hotels were only half-filled in February, resulting in a 40 per cent plunge in room revenu...
PUBLISHED Mar 27, 01:56 PM
UOBAM rolls out sustainable bond fund for retail investors
UOB Asset Management (UOBAM) on Friday launched a sustainable bond fund in Singapore targeted at ret...
PUBLISHED Mar 27, 12:22 PM
S$15b cash call gives SIA a shot at surviving Covid-19
SINGAPORE Airlines' massive cash call of up to S$15 billion - backed by Temasek Holdings' financial...
PUBLISHED Mar 28, 05:50 AM
Customer leaves US$10,000 tip, anonymously, in Florida restaurant
[MIAMI] A customer left a US$10,000 tip to be divided among the employees of a Florida restaurant, a...
PUBLISHED Mar 28, 07:19 AM
Govt will do whatever it takes to help Singaporeans through Covid-19 outbreak: PM Lee
WHILE the economic challenge caused by the Covid-19 outbreak is very grave, the Government wil...
PUBLISHED Mar 27, 03:28 PM
My dad has coronavirus. I don't know if I should say goodbye
ON Monday, around 5am, I drove my father to Hackensack University Medical Center in New Jersey, wher...
PUBLISHED Mar 28, 05:50 AM
Stranded by virus lockdown, India migrant workers walk home
[NEW DELHI] With India locked down over the coronavirus and no way to earn money, Dilipji Thakor fac...
PUBLISHED Mar 28, 10:50 AM
Singapore hotels 51% full in Feb, room revenues drop 40%
SINGAPORE hotels were only half-filled in February, resulting in a 40 per cent plunge in room revenu...
PUBLISHED Mar 28, 05:50 AM
49 new coronavirus cases in Singapore; new cluster at SingPost Centre linked to 3 cases
[SINGAPORE] Singapore announced 49 new coronavirus cases on Friday (March 27), with a new cluster at...
PUBLISHED Mar 27, 09:55 PM
Australia tightens social distancing rules to combat coronavirus
[MELBOURNE] Australia stepped up enforcement of social distancing rules on Saturday to contain commu...
PUBLISHED Mar 28, 01:28 PM
Daily Debrief: What Happened Today
Stories you might have missed
PUBLISHED Mar 27, 06:30 PM
honestbee loses court protection from creditors
THE Singapore High Court has dismissed honestbee's application to convene a scheme meeting to restru...
PUBLISHED Mar 27, 05:50 AM
Malaysia announces RM250b stimulus package to cushion impact of coronavirus
[KUALA LUMPUR] Malaysia will launch a stimulus package worth 250 billion ringgit (S$83.02 billion) t...
PUBLISHED Mar 27, 03:57 PM
Turning leaders into winners
With safe distancing limits in place, coaches find themselves pushed to change the way they interact...
PUBLISHED Mar 28, 05:50 AM
Tokyo restricts movement to combat virus, some folk carry on as usual
[TOKYO] People in greater Tokyo and the Osaka area in western Japan hunkered down on Saturday as off...
PUBLISHED Mar 28, 01:30 PM
US: Stocks fall, snapping three-day winning streak
[NEW YORK] Wall Street stocks sank on Friday, plunging after three positive sessions despite the Hou...
PUBLISHED Mar 28, 06:10 AM
'Printing money': booming mask producers in China meet global demand
[BEIJING] As the coronavirus pandemic that originated in a central Chinese city has gone global, tho...
PUBLISHED Mar 27, 12:47 PM
IHH Healthcare auditor issues qualified opinion
THE external auditor for IHH Healthcare has issued a qualified opinion, as ongoing probes relating t...
PUBLISHED Mar 27, 10:13 AM
Singapore clothing rental market a bright spot for fashion sector
SINGAPORE'S clothing rental subscription market might just be a ray of hope for the fashion industry...
PUBLISHED Mar 28, 05:50 AM
The Design Ethos of Kengo Kuma
IT ALL STARTED WITH a modest public bathhouse in a small Japanese town. Now, Kengo Kuma is a big-nam...
PUBLISHED Mar 27, 05:50 AM
Vickers hits US$200m first close for largest fund; portfolio biotechs tackling virus outbreak
THE novel coronavirus pandemic has raised the potential of deep-tech investor Vickers Venture Partne...
PUBLISHED Mar 27, 08:00 AM
As US virus cases exceed 100,000, doctors decry scarcity of drugs and equipment
[NEW YORK] Doctors and nurses on the front lines of the US coronavirus crisis pleaded on Friday for...
PUBLISHED Mar 28, 10:41 AM
ECB asks banks to halt dividends over virus crisis
[FRANKFURT AM MAIN] The European Central Bank on Friday asked eurozone banks to freeze dividend paym...
PUBLISHED Mar 28, 07:07 AM
China dialing back virus conspiracy claims, US says
[WASHINGTON] China has retreated from spreading conspiracy theories online in the developing world a...
PUBLISHED Mar 28, 06:56 AM
Singapore: Shares advance at Friday's open; STI up 2.6%
SINGAPORE stocks opened higher on Friday after the government unveiled a S$48.4 billion commitment t...
PUBLISHED Mar 27, 09:47 AM
More SGX-listed firms keep Malaysia operations shut amid extended lockdown
MORE Singapore-listed firms are keeping their Malaysia operations closed in order to comply with the...
PUBLISHED Mar 27, 11:24 AM
Japan's Mitsui says may book up to 70b yen impairment loss
[TOKYO] Japanese trading house Mitsui & Co said on Friday it may book impairment losses between...
PUBLISHED Mar 27, 08:40 AM
Emergency flights for tens of thousands stranded by virus in South Asia
[KATHMANDU] Foreign governments on Friday stepped up operations to evacuate tens of thousands of tou...
PUBLISHED Mar 28, 07:11 AM
European airlines resist mounting coronavirus refund claims
[PARIS] European airlines waiting in line for coronavirus bailouts want to tap another source of int...
PUBLISHED Mar 28, 08:07 AM
Living for the better
ASK Jonas Samuelson about his favourite household appliance and the chief executive of Electrolux, t...
PUBLISHED Mar 28, 05:50 AM
Battle On The Dining Front
SINCE HE AND some industry friends launched a drive to raise money to buy food for healthcare worker...
PUBLISHED Mar 27, 05:50 AM
Coronavirus prompts layoffs at e-scooter startup Bird
[SAN FRANCISCO] Electric-scooter startup Bird on Friday said it is laying off nearly a third of its...
PUBLISHED Mar 28, 09:45 AM
Shipyards' funding need to get more acute with bigger projects
SINGAPORE shipyards' need for financing support for projects will become more acute as projects get...
PUBLISHED Mar 28, 05:50 AM
S$48b support package could be reviewed nearer year end: PM
IT is "quite possible" that Singapore may have to do even more to help people and businesses cope wi...
PUBLISHED Mar 28, 05:50 AM
United Hampshire US Reit says portfolio 'remains resilient' amid Covid-19 pandemic
UNITED Hampshire US Real Estate Investment Trust (United Hampshire US Reit) on Friday said its portf...
PUBLISHED Mar 27, 02:35 PM
SoftBank's bet on sharing economy backfires with Covid-19
MASAYOSHI Son has been among the most fervent believers in the sharing economy, investing billions i...
PUBLISHED Mar 28, 05:50 AM
Sponsors aim to buy back cheap debt
[LONDON] Sponsors are looking to profit from what they consider overselling in Europe's leveraged lo...
PUBLISHED Mar 27, 07:12 AM
Trump to receive new coronavirus recommendations this weekend, plans Xi call
[WASHINGTON] President Donald Trump will receive recommendations this weekend from his advisers abou...
PUBLISHED Mar 27, 08:43 AM
USD/CNH futures shoots past US$119b
TRADING value for the Singapore Exchange (SGX) USD/CNH (US dollar and offshore Chinese yuan) futures...
PUBLISHED Mar 27, 09:07 PM
Frasers Hospitality Trust expects Q2 performance to be hit by Covid-19
FRASERS Hospitality Trust (FHT) on Friday announced that its financial performance for the second qu...
PUBLISHED Mar 27, 09:27 PM
Spain death toll hits 4,858 as 769 die in 24 hours
[MADRID] The death toll in Spain soared to over 4,800 on Friday after 769 people died in 24 hours, i...
PUBLISHED Mar 28, 07:17 AM
US has world's most confirmed coronavirus cases: trackers
[NEW YORK] The United States now has the highest number of confirmed coronavirus cases in the world,...
PUBLISHED Mar 27, 06:54 AM
Frasers Property sets aside S$45m in further rental rebates for tenants
Frasers Property is setting aside S$45 million to provide further rental rebates for tenants across...
PUBLISHED Mar 27, 10:08 PM
Fox News slammed for talking hair, nails during pandemic
[WASHINGTON] A Fox News host sparked a firestorm of outrage on Thursday by voicing concern over how...
PUBLISHED Mar 27, 07:04 AM
STI finishes week at 2,528.76, up 4.9%
Singapore stocks closed higher on Friday, a day after the government announced a S$48 billion relief...
PUBLISHED Mar 27, 05:37 PM
What's in a name? Questions to ask to spot ESG washing
MANY of us are now familiar with shopping for organic food, but there used to be a time when we were...
PUBLISHED Mar 28, 05:50 AM
Apple's factories are running, but suppliers wary about iPhone demand
[TAIPEI] As China reopens its economy after months of lockdown, Apple Inc's iPhone factories are lar...
PUBLISHED Mar 28, 10:31 AM
US: Stocks open lower, resuming sell-off after 3-day surge
[NEW YORK] After three straight sessions of gains, Wall Street opened sharply lower Friday amid a wo...
PUBLISHED Mar 27, 10:03 PM
UOBAM launches sustainable bond fund for retail investors
UOB Asset Management (UOBAM) on Friday launched a sustainable bond fund in Singapore targeted at ret...
PUBLISHED Mar 28, 05:50 AM
WeWork says virus will hamper ability to hit 2020 targets
[SAN FRANCISCO] WeWork says it doesn't expect to hit its 2020 financial targets as it grapples with...
PUBLISHED Mar 27, 12:38 PM
Maserati Levante review: The Trofeo life
THIS is Italy's latest, limited-edition, high performance monster with its cost on the giddy end of...
PUBLISHED Mar 28, 05:50 AM
Rising above a crisis
The Singapore government on Thursday unveiled a record S$48.4 billion support package to rescue busi...
PUBLISHED Mar 27, 05:50 AM
49 new coronavirus cases in Singapore, 22 imported; new cluster at SingPost Centre
Singapore announced 49 new coronavirus cases on Friday, with a new cluster at SingPost Centre in Eun...
PUBLISHED Mar 28, 05:50 AM
US: Dow surges again after economic relief bill advances
[NEW YORK] The Dow surged for a third straight session on Thursday after a massive US economic relie...
PUBLISHED Mar 27, 06:13 AM
Small businesses become endangered in virus-stricken New York
[NEW YORK] As New York becomes the epicentre of the coronavirus outbreak in the United States, even...
PUBLISHED Mar 28, 10:44 AM
Vickers secures US$200m commitments for its largest fund yet; portfolio biotechs active in Covid-19 space
THE novel coronavirus pandemic has raised the potential of deep-tech investor Vickers Venture Partne...
PUBLISHED Mar 28, 05:50 AM
Rich Capital terminates consultancy services for Batam project
RICH Capital Holdings on Friday announced that the structural consultancy services provided by Arici...
PUBLISHED Mar 28, 05:50 AM
Stand back and see the big picture
IN these difficult times in the stock market, it can be hard, if not impossible, to see the woods fo...
PUBLISHED Mar 28, 05:50 AM
Making the virtual as good as real
SUDDENLY we all have to work virtually. Where we used to have a meeting or a lunch, with time to wei...
PUBLISHED Mar 28, 05:50 AM
Oil plunges posting fifth straight weekly loss despite stimulus efforts
[NEW YORK] Oil prices plunged 5 per cent on Friday and posted a fifth straight weekly loss as demand...
PUBLISHED Mar 28, 06:43 AM
India's coronavirus heroes come under attack
[NEW DELHI] They have been hailed as India's coronavirus "heroes", but doctors, nurses, delivery dri...
PUBLISHED Mar 27, 12:25 PM
US dollar pulls back as panic selling eases, on course for biggest loss in decade
[TOKYO] The dollar was on track for its biggest weekly fall in more than a decade on Friday as a ser...
PUBLISHED Mar 27, 11:46 AM
Hong Kong limits gatherings to four after record virus surge
[HONG KONG] Hong Kong announced plans to ban gatherings of more than four people and close cinemas,...
PUBLISHED Mar 27, 08:25 PM
Malaysia mulls buying coronavirus test kits from South Korea as tally rises
[KUALA LUMPUR] Malaysia is considering buying up to 1 million coronavirus test kits from South Korea...
PUBLISHED Mar 27, 08:40 PM
Infinite QE is destroying traditional bond-fund strategies
IN A matter of weeks, bond investors have seen some of their firmest market convictions swept away i...
PUBLISHED Mar 28, 05:50 AM
Wage support may help save jobs - but not all of them
THE financial ordeal is far from over, but a fresh round of wage support could stave off the spectre...
PUBLISHED Mar 27, 05:50 AM
China's Xi offers Trump help in coronavirus fight as Wuhan reopens to traffic
[WUHAN] Chinese President Xi Jinping told US President Donald Trump on Friday that he would have Chi...
PUBLISHED Mar 28, 06:29 AM
Rich Capital terminates consultancy services for Batam project
RICH Capital Holdings on Friday announced that the structural consultancy services provided by Aric...
PUBLISHED Mar 27, 08:48 PM
IMF chief: 'Clear we have entered recession'
[WASHINGTON] The coronavirus pandemic has driven the global economy into a downturn that will requir...
PUBLISHED Mar 28, 06:19 AM
United Hampshire US Reit's portfolio to 'remain resilient' amid virus pandemic: manager
UNITED Hampshire US Real Estate Investment Trust (United Hampshire US Reit) on Friday said its portf...
PUBLISHED Mar 28, 05:50 AM
Merkel says Germany opposes 'coronabonds' in virus crisis
[BERLIN] Germany remains opposed to the idea of so-called "corona bonds" that would pool the debt of...
PUBLISHED Mar 27, 06:55 AM
Trump invokes defence powers to order GM to produce ventilators
[WASHINGTON] President Donald Trump issued a federal order on Friday to force auto giant General Mot...
PUBLISHED Mar 28, 06:48 AM
PUBLISHED Mar 28, 05:50 AM
Hong Kong watchdog steps up monitoring of fund managers amid volatility
[HONG KONG] Hong Kong's markets watchdog warned fund managers on Friday to be careful when selling i...
PUBLISHED Mar 27, 01:29 PM
SoftBank's sharing economy bet backfires with coronavirus outbreak
[NEW YORK] Masayoshi Son has been among the most fervent believers in the sharing economy, inve...
PUBLISHED Mar 27, 11:52 AM
US prepares crackdown on Huawei's global chip supply: sources
[BENGALURU] Senior officials in the Trump administration agreed to new measures to restrict the glob...
PUBLISHED Mar 27, 08:39 AM
Satisfying izakaya cooking at Mobomoga
HUNGER may be the best sauce, but uncertainty is a garnish that doesn't go well with any dish.
PUBLISHED Mar 27, 05:50 AM
Set an end date for Covid-19 economy shutdowns
THE human and economic devastation caused by the novel coronavirus is multiplying every day. The spr...
PUBLISHED Mar 27, 05:50 AM
Behind-the-scenes look at President's nod to draw on reserves
SINGAPORE'S president has given "in-principle support" for the government to draw on past reserves t...
PUBLISHED Mar 27, 05:50 AM
Dogs being trained to sniff out Covid-19: charity
[LONDON] A British charity has teamed up with scientists to see whether dogs could help detect Covid...
PUBLISHED Mar 27, 08:26 AM
Consumer sentiment in US slumps by most since October 2008
[WASHINGTON] US consumer sentiment plummeted in March by the most since October 2008 as mounting Cov...
PUBLISHED Mar 27, 11:02 PM
From Singapore to Milan
WITH MAJOR EVENTS around the world cancelled or postponed because of the Covid-19 outbreak, it’s no...
PUBLISHED Mar 27, 05:50 AM
Biolidics to acquire Biomedics Laboratory for up to S$3.7m
CANCER-diagnostics company Biolidics has entered an agreement to acquire Biomedics Laboratory from S...
PUBLISHED Mar 27, 10:19 PM
Gold rallies on stimulus hopes and supply squeeze
GOLD this week rallied 16 per cent after the sell-off last week. The global equity meltdown and trea...
PUBLISHED Mar 28, 05:50 AM
Big-name US hotels go empty while smaller owners are hurt
IT all started to fall apart for Vinay Patel about a week ago.
PUBLISHED Mar 27, 05:50 AM
In the US, restaurants on the edge of failure over virus crisis
[WASHINGTON] It was supposed to be a happy time for Will, a musician in the Washington area. He was...
PUBLISHED Mar 27, 10:21 AM
France reports 299 more coronavirus deaths, total toll 1,995
[PARIS] France on Friday reported that 299 more people had died in hospital from the coronavirus epi...
PUBLISHED Mar 28, 07:13 AM
Hard hit aviation, tourism sectors get biggest help in wage subsidies
THE battered services and labour-intensive sectors plus supermarket and F&B operators on the Sin...
PUBLISHED Mar 27, 05:50 AM
Britain's Next bows to staff pressure and ceases online operation
[LONDON] British clothing retailer Next has bowed to pressure from its worried workers and stopped i...
PUBLISHED Mar 27, 04:19 PM
How 'muscle memory' may help keep us fit
FOR those of us sheltering at home because of coronavirus and unable to visit the gym or otherwise w...
PUBLISHED Mar 28, 05:50 AM
Trump signs US$2t recovery plan as US virus cases skyrocket
[WASHINGTON] President Donald Trump signed into law Friday the US$2 trillion rescue plan to salvage...
PUBLISHED Mar 28, 06:50 AM
Canada pumps C$200b into virus-stricken economy
[OTTAWA] Prime Minister Justin Trudeau on Friday announced a series of measures to boost the Canadia...
PUBLISHED Mar 28, 09:39 AM
Regional automakers' supply, sales to take a hit from pandemic
Markets such as Thailand could see production stoppages, Fitch analysts warned.
PUBLISHED Mar 27, 02:36 PM
Singapore, South Korea affirm importance of keeping trade, supply chains open
[SINGAPORE] Singapore and South Korea reiterated the importance of ensuring open trade flows and sup...
PUBLISHED Mar 27, 01:36 PM
More help for aviation industry, plus tourism, hotel, convention sectors
HARD hit by the Covid-19 pandemic, aviation firms are receiving an enhanced support package and wage...
PUBLISHED Mar 27, 05:50 AM
Quarantine a boon for some HK hotels as thousands return
AS THOUSANDS of Hong Kong citizens and expatriates return to the city, many are choosing to seek ref...
PUBLISHED Mar 28, 05:50 AM
Assessing the suitability of complex financial instruments
REMEMBER Lehman Brothers? Or more specifically, Lehman Brothers minibonds?
PUBLISHED Mar 28, 05:50 AM
Japan real estate surges after Olympics delay
FOR the better part of a decade, investors and speculators in Japan's booming real estate sector hav...
PUBLISHED Mar 27, 05:50 AM
Australia to quarantine international arrivals in virus fight
[CANBERRA] Australian authorities will quarantine anyone arriving in the nation's airports to s...
PUBLISHED Mar 27, 12:06 PM
British PM Johnson tests positive for Covid-19
[LONDON] British Prime Minister Boris Johnson announced on Friday that he is self-isolating after te...
PUBLISHED Mar 27, 08:09 PM
Italy's dead overwhelm morgues as virus toll tops 8,000
[BERGAMO, Italy] An overwhelmed Italian city at the heart of the coronavirus pandemic on Thursday se...
PUBLISHED Mar 27, 06:58 AM
Instacart gig workers threaten walkoff over virus safety
[SAN FRANCISCO] A group claiming to represent gig workers for grocery delivery startup Instacart cal...
PUBLISHED Mar 28, 07:09 AM
Oil storage buckles as virus saps demand
[LONDON] Global oil storage capacity is under intense pressure because of booming output from Saudi...
PUBLISHED Mar 27, 11:41 AM
South Korea investors rush back to stocks at record pace, betting on bounce
[SEOUL] South Korea is bracing for a recession as the coronavirus pandemic batters global trade and...
PUBLISHED Mar 27, 11:57 AM
Kim Heng Offshore & Marine incorporates JV company and branch in Taiwan
A WHOLLY-OWNED subsidiary of Kim Heng Offshore & Marine Holdings has incorporated a joint ventur...
PUBLISHED Mar 28, 05:50 AM
Big tech will save us after the pandemic is over
LAST month, as the coronavirus started to spread in the United States, I wrote about a smallish onli...
PUBLISHED Mar 27, 05:50 AM
Kim Heng Offshore & Marine incorporates JV company and branch in Taiwan
A WHOLLY-OWNED subsidiary of Kim Heng Offshore ...
PUBLISHED Mar 27, 06:07 PM
MAS to boost USD liquidity with auctions of dollars from Fed swap facility
AMID broadening concerns over a record surge in the greenback, the Monetary Authority of Singapore (...
PUBLISHED Mar 27, 05:50 AM
STI gains on S$48b virus relief package
SINGAPORE stocks closed higher on Friday, a day after the government announced a S$48 billion relief...
PUBLISHED Mar 28, 05:50 AM
Cash payouts a much-needed 'steroid jab'
THE various moves by the government to put cash back in the hands of individuals and households is a...
PUBLISHED Mar 27, 05:50 AM
A wine can be thin and bitter - but in a good way
THE first question many people ask about a wine is: "What does it taste like?"
PUBLISHED Mar 27, 05:50 AM
Huawei unveils P40 smartphones online as coronavirus thwarts launch event
[LONDON] China's Huawei Technologies unveiled its new flagship photography-focused P40 smartphones o...
PUBLISHED Mar 27, 06:43 AM
China's industrial firms post steepest fall in profits in a decade
[BEIJING] Profits at China's industrial firms slumped in the first two months of the year to their l...
PUBLISHED Mar 27, 10:30 AM
Malaysia ramps up support for virus-hit economy to RM250b
MALAYSIA announced billions of dollars in fresh support for an economy punished by the coronavirus p...
PUBLISHED Mar 28, 05:50 AM
The healthcare startup that's fast-tracking drone delivery
[SAN FRANCISCO] In early March, a hospital in Rwanda needed blood urgently for a patient with a leg...
PUBLISHED Mar 27, 12:03 PM
UK urges people not to move as housing market freezes
THE UK government has urged people to avoid moving house during the novel coronavirus outbreak, as t...
PUBLISHED Mar 28, 05:50 AM
China reports one local coronavirus case, 54 imported, cuts international flights
[BEIJING] Mainland China reported its first locally transmitted coronavirus case in three days...
PUBLISHED Mar 27, 09:33 AM
ARA completes acquisition of stake in Venn Partners
REAL assets fund manager ARA Asset Management on Thursday said it has completed the acquisition of a...
PUBLISHED Mar 27, 05:50 AM
Middle East airlines must tap handouts to survive virus crisis
[DUBAI] As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle Eas...
PUBLISHED Mar 27, 10:52 AM
Coronavirus pushes Zimbabwe to re-introduce use of US dollar
[HARARE] Zimbabwe has re-introduced the use of foreign currency for domestic transactions in what wa...
PUBLISHED Mar 27, 07:06 AM
Fitch downgrades UK debt to AA-, outlook negative
[WASHINGTON] Fitch Ratings on Friday downgraded Britain's debt a notch and lowered the outlook to ne...
PUBLISHED Mar 28, 06:53 AM
Online shops must ride South-east Asia's digital wave
E-COMMERCE is growing at a blistering pace in South-east Asia, as middle-class consumers embrace the...
PUBLISHED Mar 27, 05:50 AM
Designer Dining
When it first opened in 1976, Red House Seafood – one of Singapore’s oldest seafood restaurants – wa...
PUBLISHED Mar 27, 05:50 AM
Taking Singapore through uncertain storms
WITH the ongoing Covid-19 situation, Singapore is heading towards not just rainy days, but a thunder...
PUBLISHED Mar 27, 05:50 AM
Europe: Stock markets drop more than 2% at open
[LONDON] European stock markets dropped over 2 per cent at the open Friday following three days of g...
PUBLISHED Mar 27, 04:27 PM
Europe: Shares fall after 3-day rally, but mark best week since 2011
[BENGALURU] European shares closed in the red on Friday after EU lawmakers failed to agree on a coro...
PUBLISHED Mar 28, 06:04 AM
Airlines turn to cargo for revenue as it faces aviation apocalypse
DELTA Air Lines and Air New Zealand said they would offer cargo charter services on passenger planes...
PUBLISHED Mar 27, 05:50 AM
An action plan for companies to combat Covid-19
TO SAY that these are unprecedented and extraordinary times is an understatement. The Covid-19 pande...
PUBLISHED Mar 27, 05:50 AM
BlackGold extends cut off date for bond subscription agreement
BLACKGOLD Natural Resources is extending the cut-off date for Jinzhou Business Investment Logistics...
PUBLISHED Mar 27, 05:46 PM
Corporate digest
KOYO International announced on Friday that its wholly-owned subsidiary Koyo Engineering (South-east...
PUBLISHED Mar 28, 05:50 AM
The world will be as one
IN A FEW MONTHS when the tumult caused by the novel coronavirus subsides to a level where people hav...
PUBLISHED Mar 28, 05:50 AM
European bourses defend coronavirus plans in extreme conditions
[LONDON] Stock exchanges defended their coronavirus contingency plans on Thursday, saying they are w...
PUBLISHED Mar 27, 06:40 AM
Oil sheds more than US$1 as weakening demand outweighs stimulus hopes
[NEW YORK] Oil prices dropped more than US$1 a barrel on Thursday as a growing number of virus-relat...
PUBLISHED Mar 27, 06:08 AM
Google offers US$800m to pandemic-impacted businesses, health agencies
[SAN FRANCISCO] Google on Friday pledged US$800 million worth of support in response to the coronavi...
PUBLISHED Mar 28, 07:04 AM
Thailand closes more public facilities as coronavirus cases top 1,100
[BANGKOK] The Thai government on Friday ordered the closing down of more public facilities and busin...
PUBLISHED Mar 27, 09:47 PM
Speedy, broad-based help for all
THE Resilience Budget, a supplementary budget announced by Minister for Finance Heng Swee Keat to su...
PUBLISHED Mar 27, 05:50 AM
Australian, New Zealand dollars get a reprieve as US dollar falters
[SYDNEY] The Australian and New Zealand dollars were boasting their best weekly performance in eight...
PUBLISHED Mar 27, 09:44 AM
Spain virus toll passes 4,000 but death rate slows
[MADRID] Spain's coronavirus toll surged above 4,000 on Thursday but the increase in both fatalities...
PUBLISHED Mar 27, 07:00 AM
Trump encourages cruise lines that want stimulus money to register in US
[WASHINGTON] US President Donald Trump on Thursday said he approved of American cruise lines incorpo...
PUBLISHED Mar 27, 08:22 AM
Koyo unit bags electrical contracts
KOYO International announced on Friday that its wholly-owned subsidiary Koyo Engineering (South-east...
PUBLISHED Mar 27, 06:34 PM
New York hotels tapped for extra beds with hospitals short
[NEW YORK] New York officials are talking to a wide range of Manhattan hotel owners as they muster r...
PUBLISHED Mar 27, 12:16 PM
Asia: Markets extend gains, dollar sinks on stimulus pledges
[HONG KONG] Asian equities rallied again and the dollar extended losses on Friday, with traders buoy...
PUBLISHED Mar 27, 11:39 AM
Tencent to develop cloud game platform with Huawei
[HONG KONG] China's Tencent Holdings launched a co-innovation lab with Huawei to develop a cloud gam...
PUBLISHED Mar 27, 11:43 AM
Japan says no need now for state of emergency
[TOKYO] The Japanese government said on Friday there was no need now to declare a state of emergency...
PUBLISHED Mar 27, 09:39 AM
Mnuchin pledges speedy delivery of cash to Americans
[WASHINGTON] US Treasury Secretary Steven Mnuchin on Friday pledged to quickly send cash to American...
PUBLISHED Mar 27, 10:41 PM
EU leaders give Eurogroup two weeks for virus response
[BRUSSELS] EU leaders on Thursday gave the finance ministers of the 19-member eurozone single curren...
PUBLISHED Mar 27, 07:02 AM
Australians trial TB vaccine to fight coronavirus
[SYDNEY] Australian researchers are fast-tracking large-scale human testing to see if a vaccine used...
PUBLISHED Mar 27, 06:52 AM
Corporate Digest
THE Public Utilities Board (PUB) has awarded the Tuas Water Reclamation Plant contract worth S$433 m...
PUBLISHED Mar 27, 05:50 AM
S&P cuts Airbus outlook amid concern over deliveries, advances
[PARIS] Ratings agency Standard & Poors placed Airbus on its watch list for a possible downgrade...
PUBLISHED Mar 28, 06:20 AM
Restructured companies can still benefit from previous tax incentives
COMPANIES that had been offered tax breaks under a government scheme aimed at encouraging them to op...
PUBLISHED Mar 27, 05:50 AM
UK records over 100 daily Covid-19 deaths for first time
[LONDON] Britain recorded more than 100 coronavirus deaths in a 24-hour period for the first time on...
PUBLISHED Mar 27, 06:44 AM
US consumer spending increases moderately in February
US CONSUMER spending rose moderately in February and momentum is set to fade rapidly in the coming m...
PUBLISHED Mar 28, 05:50 AM
World's hospitals are running out of vital rubber gloves
AN impending glove shortage is hitting the world, compounded by measures to contain the deadly novel...
PUBLISHED Mar 27, 05:50 AM
Tokyo: Nikkei index closes up 3.88%
[TOKYO] Tokyo's key Nikkei index closed up nearly four pe rcent on Friday, tracking rallies on Wall...
PUBLISHED Mar 27, 03:01 PM
Fake cures, risky rumours: The dangers of virus misinformation
From being duped into taking poisonous "cures", to watching businesses crumble and avoiding life-sav...
PUBLISHED Mar 27, 05:50 AM
Hong Kong: Stocks finish with gains
[HONG KONG] Hong Kong stocks rose Friday, closing a healthy week on a positive note as investors wel...
PUBLISHED Mar 27, 04:32 PM
US Space Force launches first mission despite coronavirus
[WASHINGTON] The United States Space Force launched its first national security mission Thursday, se...
PUBLISHED Mar 27, 08:21 AM
South Korea reports 91 new coronavirus cases, total 9,332: KCDC
[SEOUL] South Korea reported 91 new coronavirus cases on Friday, taking the national tally to 9,332,...
PUBLISHED Mar 27, 09:47 AM
Baring All With Sapphire
Is the transparent sapphire case the next coveted feature of watches?
PUBLISHED Mar 27, 05:50 AM
Hong Kong: Shares rally at open
[HONG KONG] Hong Kong stocks started Friday morning on the front foot following another surge on Wal...
PUBLISHED Mar 27, 09:58 AM
Beware the false security of wearing plastic gloves
SINGAPORE is very fortunate as the entire population has access to clean water, soap and handwashing...
PUBLISHED Mar 27, 05:50 AM
Fitch maintains US AAA rating despite coronavirus
[WASHINGTON] Fitch Ratings on Thursday reaffirmed the United States's AAA credit rating, even with t...
PUBLISHED Mar 27, 06:50 AM
Amazon pauses sellers' loan repayments amid pandemic
AMAZON.COM on Wednesday said it temporarily would not require sellers in its marketplace to repay lo...
PUBLISHED Mar 27, 05:50 AM
US cancels major Philippines war games due to virus
[MANILA] The US military has cancelled large-scale exercises involving thousands of troops in the Ph...
PUBLISHED Mar 27, 12:27 PM
A Language Of His Own
National Gallery Singapore’s first solo exhibition of 2020 looks at the distinctive art of Latiff Mo...
PUBLISHED Mar 27, 05:50 AM
New date for Tokyo Olympics 'won't satisfy everybody', says Coe
[PARIS] World Athletics president Sebastian Coe admitted on Friday that settling on a new date for t...
PUBLISHED Mar 28, 07:05 AM
The Art (Or Crime) Of Seduction
A new book chronicles the changing rules of seduction, from Casanova to #MeToo
PUBLISHED Mar 27, 05:50 AM
Deskbound
Don’t stay home without this stylish addition to your residential workspace.
PUBLISHED Mar 27, 05:50 AM
Famous chefs, NY restaurants to push landlords for rent breaks amid Covid-19
RENOWNED restaurants, including Cipriani, Smith & Wollensky, The Smith, and Boqueria, as well as...
PUBLISHED Mar 27, 05:50 AM
Australia: Shares drop, but set for best weekly gain since 2011; New Zealand higher
[BENGALURU] Australian shares fell on Friday as investors booked profits amid rising coronavirus cas...
PUBLISHED Mar 27, 10:54 AM
Tokyo: Stocks open up more than 3% on Friday
[TOKYO] Tokyo stocks opened more than three per cent higher on Friday, tracking rallies on Wall Stre...
PUBLISHED Mar 27, 08:24 AM
Covid-19 pushes US jobless claims last week to record 3.3 million
THE economic shutdown caused by the novel coronavirus pandemic sparked an explosion of Americans fil...
PUBLISHED Mar 27, 05:50 AM
Malaysia: Shares close higher on Friday
MALAYSIA share prices closed higher on Friday, with the FTSE Bursa Malaysia Kuala Lumpur Composite I...
PUBLISHED Mar 27, 05:15 PM
Battle between high- and low-sulphur fuels shaping up
ON JAN 1, 2020, new global sulphur specifications for bunker fuel from the International Marine Orga...
PUBLISHED Mar 27, 05:50 AM
Venezuela blasts US Maduro indictment as 'coup'
[CARACAS] Venezuela's foreign minister accused Washington of a coup attempt on Thursday after the US...
PUBLISHED Mar 27, 06:48 AM
Europe: Stocks close third straight day higher; emergency fund vote eyed
[BENGALURU] European stocks reversed course to end higher on Thursday, tracking gains on Wall Street...
PUBLISHED Mar 27, 06:05 AM
Money FM podcast: Global COVID-19 situation
We speak to Dr. Ben Rolfe, CEO, Communicable Disease Threats Initiative, about the current COVID-19...
PUBLISHED Mar 27, 05:50 AM
US consumer spending held up in February before virus hit
[WASHINGTON] US consumer spending held up in February, the latest sign that the world's largest econ...
PUBLISHED Mar 27, 09:20 PM
Seoul: Shares mark best weekly gain since 2008 on stimulus hopes
[SEOUL] South Korean shares jumped on Friday to mark their best weekly gain in more than 11 years as...
PUBLISHED Mar 27, 05:14 PM
Virus restrictions ground most of Africa's airlines: association
[ABIDJAN] Almost all of Africa's airlines are currently grounded because of the coronavirus pandemic...
PUBLISHED Mar 27, 06:47 AM
Malaysia: Shares open higher on Friday
MALAYSIA share prices opened higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite In...
PUBLISHED Mar 27, 09:25 AM
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