TOP STORIES
Axe falls on Resorts World jobs; MBS not expected to be spared
RESORTS World Singapore (RWS) held a "one-off workforce rationalisation" on Wednesday...
Casinos can't survive on local 'revenge gamblers' alone
SINGAPORE'S tourism attractions were given the go-ahead to reopen their doors this...
Finding opportunities in a crisis
WHEN life throws you a curveball, catch it. It could mean the difference between...
June new condo sales more than double on pent-up demand, foreigner buying
DEVELOPERS in Singapore sold 998 new private homes in June, 105 per cent more than May...
June 2019: SIA flies 1.9m passengers. June 2020: 13,900
SINGAPORE Airlines (SIA) flew just 13,900 passengers in June 2020, down from nearly 1....
New job scopes for remaining RWS staff
STAFF who have escaped the axe at Resorts World Sentosa (RWS) could take up higher-...
Problem gambling under control: casino regulator
THE authorities have a close eye on Singapore's problem-gambling situation, the Casino...
ChildAid raises S$1.95m for underprivileged children
IN homes across the world, over 1,150 performing artists got together to celebrate the...
COMPANIES & MARKETS
Sembmarine institutes pay cuts as yard shutdowns bring H1 net loss to S$192m
AFTER a washout first half, Sembcorp Marine's (Sembmarine's) ability to ramp up...
SGX queries Biolidics on A*Star licence deal
THE Singapore Exchange (SGX) on Wednesday posed a series of queries to Biolidics about...
Keppel bags two FPSO contracts worth S$73m
KEPPEL Offshore & Marine (Keppel O&M) has, through its wholly-owned...
Neil Montefiore, former Starhub and M1 CEO, dies, aged 67
TRIBUTES poured in for Neil Montefiore, the former chief executive of telcos StarHub...
Acquiring full control of BidFX will enable SGX to unlock vast potential of FX OTC market
ABOUT seven years ago, the Singapore Exchange (SGX) was not in the foreign exchange (...
No sign of panic exit from Singapore investors despite volatility: Endowus
ROBO-ADVISER Endowus has seen "no mass panic" from Singapore investors despite the...
DBS raises target price on Riverstone on rising glove prices, fatter margins
DBS Group Research has raised its target price on Malaysia-based nitrile glove...
DBS, Contour complete secured LC transaction on blockchain network
EFFORTS to digitalise trade finance are taking shape amid renewed questions over fraud...
STI closes 28.71 points higher amid mixed sentiment across the region
AMID mixed sentiment across the region, the benchmark Straits Times Index (STI) ended...
Riskier currencies gain on Covid-19 vaccine hopes
RISK sentiment revived in currency markets on Wednesday, as progress towards a Covid-...
REAL ESTATE
Condo, HDB rents slide further in June: SRX
RENTS for private apartments and Housing and Development Board (HDB) flats continued...
Redevelopment of Marina Bay floating platform to start in 2022
THE redevelopment works on The Float @ Marina Bay are scheduled to start in March 2022...
Shenzhen tightens restrictions on home purchases as prices spike
THE southern Chinese technology hub of Shenzhen announced new restrictions on home...
Lazada helps South-east Asia's malls go online
CLOBBERED by the crushing effects of the coronavirus pandemic, thousands of retailers...
Green buildings are so yesterday. 'Deep-green' ones are actually good for the planet
FOR a couple of decades, many in the real estate industry have been trying to make...
UK tax break pits landlords against first-time home buyers
AFTER five years spent making it easier for first-time home buyers to compete with...
BANKING & FINANCE
Economy past the worst, but recovery will be slow: BOJ head
BANK of Japan (BOJ) governor Haruhiko Kuroda said that Japan's economy was past the...
Spate of bank runs forces China regulators and police to act
SOCIAL media-fuelled rumours about banks collapsing are popping up at an unprecedented...
Bankers mull exit from Hong Kong on shock 45% China tax rate
FEARS of a Hong Kong brain drain are increasing after China moved to tax its citizens...
ENERGY & COMMODITIES
Modi's fuel-tax hikes put brakes on India's recovery
DILIP Lamba, who owns a transport company in Jodhpur in western India, has had more...
Oil edges higher on drop in US stockpiles, Opec+ compliance
OIL edged higher after a report pointed to a drop in US crude stockpiles and on signs...
TECHNOLOGY
Huawei ban turns UK phone market into duopoly
WITH Huawei Technologies Co barred from Britain's future wireless networks, its two...
Over 2,500 games removed from Apple's China app store
MORE than 2,500 mobile games were removed from Apple's China app store in the first...
Sony boosts output of PlayStation 5 to meet surge in demand
SONY Corp is roughly doubling its PlayStation 5 production to 10 million units this...
CONSUMER
The New York Times will move part of Hong Kong office to Seoul
THE New York Times will shift part of its Hong Kong office to Seoul, the latest sign...
Australia weighs further curbs as outbreak grows
AUSTRALIA'S most populous states will impose harsher restrictions on movement if a...
Naiise exits Design Orchard, cuts headcount, operating costs
FOLLOWING a series of cost-cutting measures which have included layoffs, design...
TRANSPORT
Nissan unveils new electric SUV and corporate logo redesign
NISSAN Motor Co unveiled a new electric vehicle and redesign of its "hamburger"...
Boeing lost 60 Max orders in June amid Covid-19 pandemic
BOEING Co's order stockpile shrank further last month as more airlines and lessors...
Heathrow Airport deploys cleaning robots to kill viruses
HEATHROW Airport is introducing cleaning robots and other measures to try to reduce...
GOVERNMENT & ECONOMY
Apple wins fight against 13b euro tax order
APPLE scored a major win on Wednesday as Europe's second-highest court rejected an...
EU to clamp down on harmful corporate tax systems
THE European Commission on Wednesday unveiled plans to clamp down on aggressive...
Trump ends Hong Kong trade preferences, backs banking sanctions
US PRESIDENT Donald Trump on Tuesday stripped Hong Kong of preferential trade...
Arbitration preferred choice for dispute resolution: Ministry of Law study
AN INAUGURAL study commissioned by the Ministry of Law has shown that almost three in...
LIFE & CULTURE
Documenting the year 2020
A few weeks ago, a nerdy joke went viral on Twitter: Future historians will be asked...
Metropolitan Opera will livestream its biggest stars
FOR months, the Metropolitan Opera has been streaming operas from its extensive video...
OPINION
Covid-19: Comprehensive shutdown needed in US
WHEN you mix science and politics, you get politics. With the coronavirus, the United...
Pandemic-induced recession demands a different response
THE recession that Singapore has now officially entered is unprecedented in many ways...
To bypass China, India should try a 'costless trick'
INDIA'S economic policy elite has been oscillating in its recommendations of doing...
Contact tracing: China's health code offers some lessons
EVEN as the still-evolving Covid-19 situation looks to have peaked in many parts of...
Women advance in politics, but what about in business?
ONE significant outcome of Singapore's general election that has been largely...
Business leaders must retain focus as Asia's 'riskscape' evolves
WHILE Asia-Pacific businesses are better prepared to address the adverse financial...
BREAKING NEWS
Uber acquires public transportation software company in latest transit expansion
[NEW YORK] Uber Technologies on Thursday announced the acquisition of transit software provider Routematch, marking...
US: Wall St opens lower as virus fears eclipse upbeat retail sales
[NEW YORK] US stocks opened lower on Thursday as concerns about the economic toll of another round of coronavirus-...
Cirque du Soleil accepts recapitalisation offer from creditors
[MONTREAL] Cirque du Soleil accepted a recapitalisation offer from its creditors on Thursday, after an earlier deal...
Keppel Pacific Oak US Reit obtains US$115m five-year term loan facility
KEPPEL Pacific Oak US Reit (KORE) has obtained a US$115 million, five-year term loan facility to pay off its...
Novartis to provide 'no profit' Covid-19 drugs to low income countries
[ZURICH] Novartis's Sandoz division will not profit from 15 generic drugs it is making available to developing...
US sanctions world's top surgical glove maker over forced labour
[KUALA LUMPUR] The US has banned the import of surgical gloves from two subsidiaries of Malaysia's Top Glove, the...
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