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Month: April 2020

Posted on 29/04/2020

SE Asia Stocks-Tick up on easing restrictions; Fed decision in focus

Thai stocks hit highest since March 9 * Telecoms lift Indonesia, Singapore By Nikhil Subba April 29 (Reuters) - Southeast Asian stock markets edged higher on Wednesday, as investors cheered easing cor ... ( read original story ...)

Posted on 29/04/2020

Credit Suisse ‘Dream’ Client Luckin Coffee Becomes Nightmare

Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I’ve had I don’t know ... ( read original story ...)

Posted on 29/04/2020

‘Invisible and possibly forgotten’: Singapore’s second wave of coronavirus cases prompts soul searching on the conditions of foreign workers

Low-paid South Asian laborers in the city-state have been the worst affected by COVID-19 and have the most trouble accessing health care. ( read original story ...)

Posted on 29/04/2020

Coronavirus pandemic will likely end the strong profit growth in Singapore banks

Singapore's three largest banks are scheduled to release first-quarter earnings in the coming days, starting with DBS on Thursday. ( read original story ...)

Posted on 29/04/2020

Singapore’s ‘hooligan cook’ offers free meals for needy during virus lockdown

As food stalls around him have closed during the coronavirus outbreak in Singapore, 28-year-old cook Jason Chua has vowed to stay open for the many that now depend on him. ( read original story ...)

Posted on 29/04/2020

Packed With Migrant Workers, Dormitories Fuel Coronavirus in Singapore

Cases of the virus in dormitories, which can house up to 20 people per room, accounted for 88 percent of the nation’s cases, as of Tuesday. ( read original story ...)

Posted on 29/04/2020

Credit Suisse ‘Dream’ Client Becomes Nightmare in Luckin Scandal

Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I’ve had I don’t know ... ( read original story ...)

Posted on 29/04/2020

Singapore stock watch: Sheng Siong, DBS, UOB, OCBC, SIA, Ascendas Reit, Dairy Farm

The following companies saw new developments that may affect trading of their shares on Wednesday (April 29):. Read more at straitstimes.com. ( read original story ...)

Posted on 29/04/2020

Singapore pilots world’s fastest patent application to grant process

The Intellectual Property Office of Singapore is launching a pilot programme to accelerate grants of patent applications in all technology fields to just six months. ( read original story ...)

Posted on 29/04/2020

Singapore Banks Set to Post First Profit Decline Since 2016

All three of Singapore’s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fueled economic ... ( read original story ...)

Posted on 29/04/2020

Hit With Late Coronavirus Surges, Japan and Singapore Shut Down Music Sectors

Taken together, Japan and Singapore are underscoring that no major music market has been immune from the global reach of the virus. ( read original story ...)

Posted on 29/04/2020

A British expat in Singapore is paying $7,000 a month to swim in a pool during quarantine

The pool at the man's condominium was closed due to social distancing measures, so he struck a deal with a neighbor. ( read original story ...)

Posted on 29/04/2020

Singapore’s bid to contain dorm outbreaks may cause lag in coronavirus tally

Singapore's health ministry has said it is not able to test all migrant workers in dormitories and has been isolating some symptomatic patients first, a method that a government health adviser said ... ( read original story ...)

Posted on 29/04/2020

Singapore Management University, Tradeteq experiment with quantum computing-based credit scoring

Singapore Management University and Tradeteq are exploring the advantages of a quantum system for machine learning applied to credit scoring. ( read original story ...)

Posted on 28/04/2020

COVID-19: Esprit to close all 56 outlets in Asia outside China, including those in Singapore

HONG KONG: Hong Kong-listed Esprit will shut its Singapore stores as part of Asia-wide closures that exclude mainland China, the company said in ... ( read original story ...)

Posted on 28/04/2020

Siltronic AG’s (SSLLF) CEO Christoph Von Plotho on Q1 2020 Results – Earnings Call Transcript

Q1 2020 Results Earnings Conference Call April 28, 2020, 04:00 AM ET Company Participants Petra Müller - Corporate Vice President, He ... ( read original story ...)

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