The following companies saw new developments that may affect trading of their shares on Wednesday (Aug 12):. Read more at straitstimes.com. ( read original story ...)
Singapore’s top banks brace for more challenges after reporting a plunge in quarterly profits
The three largest Singapore banks warned that the global environment remains uncertain even though some business activity has picked up as economies reopen from coronavirus lockdown measures. ( read original story ...)
Singapore start-up QIQ aims to roll out shared electric microcars for last-mile trips
Come next year, some commuters may be able to make the last-mile journey between their home and the MRT station in a small, two-seater ... ( read original story ...)
French insurer AXA weighs sale of S’pore business to raise cash
AXA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter.. Read more at straitstimes.com. ( read original story ...)
China’s Ucommune Changes Course On Planned US IPO
Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed with the U.S. Securities and Exchange Commission. ( read original story ...)
New tool lets brands in Singapore remove listings on Amazon to fight counterfeiting
SINGAPORE - E-commerce giant Amazon has expanded its anti-counterfeit programme Project Zero to seven more countries including Singapore, as part of an ongoing effort to fight the sale of counterfeit ... ( read original story ...)
Singapore Is Putting Trackers on Some Incoming Travellers. Should Other Countries Do the Same?
To monitor incoming travelers required to quarantine at home amid the pandemic, Singapore and other Asian countries have turned to monitoring devices. Experts don't think it'll work elsewhere. ( read original story ...)
Standard Chartered Bank partners with Microsoft to become a cloud-first bank
Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank's digital transformation through a cloud-first strategy. This partnership ... ( read original story ...)
Asian Insider, August 11: Singapore will not return to pre-Covid-19 world, US to label Hong Kong goods as ‘Made in China’
Singapore to chart new path now says Trade Minister Chan Chun Sing, US to label imports from Hong Kong as ‘Made in China’ in a blow to the Asian financial hub, global coronavirus tally crosses 20 ... ( read original story ...)
Singapore crushes ivory from around 300 elephants to deter illegal trade
Singapore started crushing nine tonnes worth of elephant ivory on Tuesday, in what authorities said was the biggest such event globally in recent years and signalled the island nation's fight against ... ( read original story ...)
Singapore will not return to pre-Covid-19 world, must chart a new path now: Chan Chun Sing
The Government will help businesses and workers make sense of, and adjust to, the new world, he said.. Read more at straitstimes.com. ( read original story ...)
Singapore Is Putting Trackers on Some Incoming Travelers to Make Sure They’re Following Quarantine Measures. Will the US and Australia Do the Same?
Experts told us they aren't convinced that a similar effort would work in the US or Australia because of privacy concerns. ( read original story ...)
Singapore marks World Elephant Day with ivory crush and new forensics centre
Singapore today crushed ivory from its largest ever seizure and more to signal its commitment to combating the illicit ivory ... ( read original story ...)
Singapore’s Incomlend Raises $20 Mn In Series A To Expand Its Market
Singapore-based Incomlend, an online invoice trading platform, on Tuesday announced it has raised $20 million funds in Series A round led by Sequoia India. The CMA CGM Group, a player in shipping and ... ( read original story ...)
Singapore crushes massive ivory haul on eve of World Elephant Day
Singapore began destroying nine tonnes of seized ivory Tuesday, the largest such action globally in recent years, including contraband tusks that came from more than 300 African elephants. The ... ( read original story ...)
EMERGING MARKETS-Thai, South Korean stocks hold to growth hopes, Singapore slips
Thailand and South Korea led gains for most of Asia's emerging currency and stock markets on Tuesday, bolstered by recent signs of an improving economic landscape in China and further heavy inflows of ... ( read original story ...)