Research Laboratory of Electronics, Department of Physics, Massachusetts Institute of Technology, Cambridge, MA 02139, USA. 2 Center for Quantum Technologies, National University of Singapore, 3 Science Drive 2, Singapore 117543, Singapore. ( read original story ...)
Amazon Off to a Rocky Start In Southeast Asia
We are rapidly opening up new windows to ensure we can continue delighting customers in Singapore," it said in the statement ... toys and consumer electronics to name a few. The feature is part of its Prime membership that gives subscribers free shipping ... ( read original story ...)
Get a room: where to play escape games and solve mysteries in Singapore
Despite having just recently opened, The Fragment Room has already seen lots of damage to their furniture, crockery and electronics. But it’s all good, because at Singapore’s first rage room experience, customers pay for the licence to smash – while ... ( read original story ...)
Asian Stocks Slide as Technology Names Track U.S. Peers Lower
Singapore-based managing director and head of Asia research at Bank Julius Baer. "It’s a small correction for technology shares. They’ll probably bounce back because it’s not 2001 and they are not wildly overvalued." Samsung Electronics Co. was the b ... ( read original story ...)
Singapore unemployment rate eases in Q2
SINGAPORE: The uptrend seen since September 2016 was halted. The unemployment rate in Singapore moderated in the second quarter of the year, with the jobless rate amongst residents going down slightly from 3.2% to 3.1%. This is according to the preliminary ... ( read original story ...)
Global LNG prices lifted on demand from Japan and India
LONDON/SINGAPORE (Reuters) - Asian spot LNG prices extended gains with demand coming from India and Japan, while recent export disruptions from Peru left Royal Dutch Shell shopping for replacement supply. Higher prices triggered a supply-side response with ... ( read original story ...)
U.S. Coal Exports Soar, Revived in Part by New Energy Policy
Exports to Asia meanwhile, totaled 12.3 million tons ... off the Faroe Islands neighbouring the more mature UK North Sea… A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might ... ( read original story ...)
UK must address giant trade deficit, IMF warns
The current account deficit is made up of the trade deficit – as the UK imports more than it exports – combined with the balance ... demand and foster competition,” the IMF said. Singapore’s surplus of 19pc is the largest, followed by Thailand ... ( read original story ...)
Owners of Modern VLCCs Could See Rates Blip in Market Under Pressure
SINGAPORE, July 28 (Reuters ... Saudi Arabia and the United Arab Emirates said this week they would curb or cut exports in line with OPEC production targets. “The overall cut in Arabian Gulf crude exports may potentially lead to a month-on-month ... ( read original story ...)
China diesel demand expected to return to growth as economy improves
China H1 truck sales up over 22 percent year-on-year SINGAPORE, July 28 (Reuters ... That could cap increases in exports of the fuel from the world's second-biggest oil consumer, while bolstering benchmark Asian diesel margins already near 8-month ... ( read original story ...)
Modern VLCC Rates Under Pressure
"W44.50 is a horrible rate," said the Singapore broker. Freight rates could bounce again ... Saudi Arabia and the United Arab Emirates said this week they would curb or cut exports in line with OPEC production targets. "The overall cut in Arabian Gulf ... ( read original story ...)
Amazon’s Singapore quick delivery stalls as demand overwhelms at launch
SINGAPORE (Reuters) - Amazon.com Inc's Prime Now quick delivery service in Singapore, which launched on Thursday and kicked off its push into Southeast Asia, has been overwhelmed by demand, preventing it from taking on fresh orders. "Due to great customer ... ( read original story ...)
HNA Seeks More Banks for Delayed Singapore Trust IPO
HNA Commercial REIT is seeking to add arrangers to its planned Singapore initial public offering as Bank of America Corp. walks away from the deal, people with knowledge of the matter said. The property trust, backed by embattled Chinese conglomerate HNA ... ( read original story ...)
Derivatives slump depresses Singapore Exchange’s annual profit
a government arm that runs an accreditation program for Singapore-based startups. The two parties will work together to attract companies keen on raising funds in an IPO. The exchange will facilitate pre-IPO funding and offer advice on the listing process. ( read original story ...)
UOB, OCBC report strong Q2 profit on higher lending income and fees
SINGAPORE — The first two of Singapore’s Big Three banks ... with earnings boosted by their lending businesses as well as fees and other income. United Overseas Bank (UOB) reported on Friday (July 28) that for the three months ended June 30, net ... ( read original story ...)
Japan to hike tariffs on frozen beef imports from U.S., other nations
TOKYO/SINGAPORE (Reuters) - Japan will raise tariffs from August on imports of frozen beef from the United States and other countries, in a move to protect domestic producers, the Ministry of Finance (MOF) said on Friday. Between Aug. 1 and the end of ... ( read original story ...)