TOP STORIES
Will S$92b do it? Jobs may be best gauge of efficacy of support moves
THE effectiveness of government support in the Covid-19 crisis might better be...
SGX hit by loss of most MSCI contracts to HKEx
SINGAPORE Exchange shares were mauled on Wednesday on news that the Hong Kong bourse...
Singapore's financial position weaker in coming years: Heng
WITH almost S$100 billion set aside to combat Covid-19, Singapore's financial position...
A new way of doing things after the circuit breaker lifts
JUNE 2 marks the day when Singapore cautiously initiates its first phase of reopening...
S$285m support for startups: Will vetting be stringent enough?
THE government's additional S$285 million startup support measure announced on Tuesday...
Singapore services receipts down 1.1% in Q1
SINGAPORE'S services sector saw receipts fall 1.1 per cent year on year in the first...
Telecommuting as the default mode of working
Singapore formally exits the eight-week Circuit Breaker period when it ends on June 1...
National Jobs Council could drive a rethink of Singapore's skills and labour profile
THE National Jobs Council will help Singapore sharpen workforce planning in a post-...
Employers urge caution amid calls to cut back foreign worker pool
AMID calls from some quarters for a reduction in the number of migrant workers in...
EU unveils proposed 750b euro post-pandemic recovery package
THE EU unveiled a proposed 750 billion euro (S$1.2 trillion) recovery plan on...
Japan approves new 117t-yen package to boost economy
JAPANESE Prime Minister Shinzo Abe's cabinet on Wednesday approved a new US$1.1...
COMPANIES & MARKETS
CDL unit M&C axes 8% of global team, furloughs about 30% of employees
MILLENNIUM & Copthorne (M&C) Hotels has reduced its global headcount by 8 per...
Is it time to rethink Singapore Savings Bonds programme?
SGX RegCo queries EHT on restructuring process and progress of strategic review
THE Singapore Exchange Regulation (SGX RegCo) on Wednesday night asked Eagle...
Sharing of rent liabilities will hit office, industrial Reits more
THE government's mandate for landlords to help small- and medium-sized enterprise (SME...
Hyflux rescue deal hits snag as Utico changes cash offer to shares
THE rescue deal for Hyflux has hit another snag, with potential investor Utico now...
Singapore firms to pay 5% less dividends this year: IHS Markit
SINGAPORE companies are expected to deliver US$14.2 billion in dividends in 2020, down...
Corporate digest
CATALIST-LISTED startup incubator The Trendlines Group on Wednesday said it has...
STI slips 10.82 points to close at 2,519.48
SINGAPORE stocks ended Wednesday on a softer note, with the benchmark Straits Times...
Euro up on proposed EU recovery package
THE euro headed towards a two-month high on Wednesday after the European Commission...
REAL ESTATE
A greater need for real estate agility
IT IS not hyperbolic to say that Covid-19 has significantly transformed the way we...
Singapore's Infrastructure Asia, Myanmar sign collaboration agreement
SINGAPORE'S Infrastructure Asia (IA) initiative will identify suitable investors for...
HK property sector hit by pandemic, protests
PESSIMISM towards some Hong Kong real estate stocks, especially those of landlords,...
KKR to invest US$1b to build data centres in Europe
KKR said it will put US$1 billion into a new data centre venture in Europe, as private...
US new-home sales post surprise gain in sign of stability
NEW-home sales in the US unexpectedly increased in April after swooning a month...
Reuben Brothers to develop houses, hotel near Madrid
BILLIONAIRE real estate investors David and Simon Reuben have made a push into Madrid'...
BANKING & FINANCE
NUS raises S$300m in its first green bond issuance
THE National University of Singapore (NUS) has raised S$300 million through its first...
China's offshore yuan on brink of record low
CHINA'S offshore yuan slumped to approach a record low amid concern authorities will...
Virtual wallet for Libra digital coins renamed 'Novi'
FACEBOOK's virtual wallet for yet-to-be-minted Libra digital coins was renamed "Novi"...
ENERGY & COMMODITIES
Virus sparks record drop in energy investment: IEA
THE energy industry is set to suffer a record drop in investment due to the...
Trafigura targets big boost to renewables portfolio
COMMODITIES trader Trafigura Group is planning a major increase in renewable-energy...
TECHNOLOGY
ByteDance hit US$3b in net profit in 2019
TIKTOK'S parent ByteDance generated more than US$17 billion in revenue and more than...
Heartland merchants to be offered discounted tools to go digital
MERCHANTS in heartland precincts will soon get curated solutions and discounts to go...
CONSUMER
A socially distant Las Vegas? What are the odds?
FOR decades, the El Cortez Hotel & Casino in downtown Las Vegas has been known for...
Pharmaceutical exports a rare bright spot for Singapore economy
SINGAPORE'S exports of pharmaceutical products have surged this year as the...
TRANSPORT
Nissan, Renault unveil steps to reduce costs, revamp alliance
RENAULT SA and Japanese partners Nissan Motor Co and Mitsubishi Motors Corp unveiled...
Air France-KLM seeks to cut staff in revamp
AIR France-KLM has started talks with unions to reduce staff as part of a...
GOVERNMENT & ECONOMY
HK police fire pepper pellets to disperse protests over security bill
HONG KONG police fired pepper pellets to disperse protesters in the heart of the...
Taiwan pledges action plan for HK activists seeking sanctuary
TAIWAN'S President Tsai Ing-wen on Wednesday pledged a humanitarian "action plan" for...
Malaysia to discharge Covid-19 patients after 2 weeks even if they still test positive
MALAYSIA'S Health Ministry will be discharging Covid-19 patients even if they test...
Boris Johnson under severe pressure to sack his chief aide
PRESSURE is building on Prime Minister Boris Johnson to fire his chief aide, Dominic...
Covid patients were at Bt Panjang FairPrice, market in Jurong West
TWO NTUC FairPrice supermarkets in Bukit Panjang and a market and hawker centre in...
Lagarde 'not overly concerned' about new euro crisis
EUROPEAN Central Bank (ECB) chief Christine Lagarde said on Wednesday that she was "...
India adds troops to northern border with China
INDIA has moved additional troops along its northern border as it prepares for an...
Malaysian launches landmark case against Islamic gay sex law
A MALAYSIAN man has launched the country's first legal challenge against Islamic laws...
LIFE & CULTURE
Technology's role in Covid-19 battle
LAI Wai Hang, a 19-year-old student from ITE East, is learning about AI and blockchain...
Long lost Philip Glass work recorded, finally
IN the early 1970s, Philip Glass was already writing masterpieces and performing them...
OPINION
Returning to work after Covid-19 will require a full reboot
WHILE it may be an oversimplification, Covid-19 has presented businesses with the rare...
HK, Huawei could 'deep freeze' UK-China ties
BORIS Johnson's government has begun a new review into the impact of allowing Huawei...
Singapore 5G rollout: Unforeseen hurdles need to be overcome
DESPITE the economic challenges posed by the novel coronavirus pandemic, Singapore...
How Covid-19 is inspiring the hospitality sector to raise the bar
THE world certainly feels odd right now. Everyone's plans are no longer existent, from...
The pandemic could lead to outbreaks of other maladies
AN UNUSUAL silence fills the waiting area of my fellow paediatrician's office in...
Post-Covid secret weapon comes out of the shadows
OVER the coming months, we are going to emerge from global lockdown into an economy...
BREAKING NEWS
SGX queries UG Healthcare after shares surge 40.9% on the week
THE Singapore Exchange on Thursday queried UG Healthcare about "unusual price movements" in the latter's shares...
Offshore yuan wallows near record low as Sino-US tensions worsen
[SHANGHAI] China's yuan inched up from a record low in offshore trade on Thursday, helped by firmer-than-expected...
Eagle Hospitality Trust to use maiden distribution to pay for sponsor's liabilities
MONIES that were originally intended for Eagle Hospitality Trust's (EHT) maiden distribution to unitholders will now...
China refuses UN Security Council meeting on Hong Kong
[UNITED STATES] Washington on Wednesday requested an emergency United Nations (UN) meeting over a controversial...
Australia Q2 employment fall may now be 15% vs earlier 20% estimate
[SYDNEY] Australian employment in the June quarter may have fallen by only 15 per cent from a year earlier, less...
Billionaire Icahn exits Hertz with 'significant' loss after bankruptcy filing
[BENGALURU] Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded...
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