Singapore Telecommunications' (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities, it said on Friday. ( read original story ...)
Asia Deal Digest: April 2020
The 50-year trench is the longest dated sovereign bond ever offered by an Asian issuer. Allen & Overy Singapore partner Felipe Duque led the team advising the Indonesian government. New York partner ... ( read original story ...)
Claims mount against Singapore’s Hin Leong
SMBC has an exposure of $140m. The Singapore police this week launched an investigation into Hin Leong after founder Lim Oon Kuin said he had directed the company’s finance department not to disclose ... ( read original story ...)
Singapore oil trader Hin Leong seeks court-appointed manager to oversee debts – sources
Singapore's Hin Leong Trading Pte Ltd, one of Asia's top oil traders, has applied for a court-appointed supervisor to manage the company and restructure billions of dollars of debt owed to multiple ... ( read original story ...)
Singapore Exchange Q3 profit hits 13-year high as trading volume surges
Singapore Exchange's profit jumped 38% to a 13-year high in the January-March quarter as extreme market volatility amid the coronavirus outbreak boosted equities and derivatives trading volumes. "With ... ( read original story ...)
Aytu BioScience Announces Exclusive Distribution Agreement for COVID-19 IgG/IgM Rapid Test with Singapore-Based Biolidics Limited
ENGLEWOOD, CO / ACCESSWIRE / April 23, 2020 / Aytu BioScience, Inc. (NASDAQ:AYTU) (the "Company"), a specialty pharmaceutical company focused on commercializing novel products that address significant ... ( read original story ...)
Singapore Sees Sharper Economic Slump on Global Virus Spread
Singapore is bracing for a sharper economic contraction this year than an earlier forecast of a slump of as much as 4%, as the coronavirus pandemic continues to spread globally and disrupts supply ... ( read original story ...)
Singapore Sees Sharper Economic Slump as Virus Spreads Globally
Singapore is bracing for a sharper economic contraction this year than an earlier forecast of as much as a 4% slump, as the coronavirus pandemic continues to spread globally and disrupts supply chains ... ( read original story ...)
Singapore Unicorns Bigo Live and Razer to Bring The First Cloud Clubbing Experience Down Under
Bigo Live, the Singapore-headquartered livestreaming platform, together with Razer, the world's leading lifestyle brand for gamers, are proud to bring the highly successful Southeast Asian cloud ... ( read original story ...)
Singapore Tanker Parking – At-Risk Players
Hin Leong Trading and Ocean Tankers filed for bankruptcy protection, seeking to restructure. Universal Terminal operations continue, for now. Singapore host the ... ( read original story ...)
N.Y. Death Rate Lowest Since Early April; EU Plan: Virus Update
The coronavirus caused two deaths in California in early and mid-February, suggesting the pathogen was circulating in the U.S. weeks earlier than health officials thought. New York Governor Andrew ... ( read original story ...)
N.Y. Tops 15,000 Deaths; Regional Contact Tracing: Virus Update
New York Governor Andrew Cuomo reported 474 fatalities, the lowest daily rate since early April, pushing the total deaths for the state past 15,000. The state is planning to coordinate contact tracing ... ( read original story ...)
Half of Singapore finance leaders say their company falls short in sustainability reporting: Survey
SINGAPORE - Half of finance leaders in Singapore said their company falls short in reporting its triple bottom line of people, planet and profit. A report published on Wednesday (April 22) by Workday, ... ( read original story ...)
BRIEF-Xiangyang Changyuandonggu Industry Aims To Raise Up To 915.1 Mln Yuan In Shanghai IPO
In an announcement to the Australian Stock Exchange, Virgin said it planned to keep operating flights despite handing over the keys to administrators. - Singapore extends curbs - Singapore extended ... ( read original story ...)
U.S. Cases Accelerate; Singapore Extends Lockdown: Virus Update
The U.S. saw its biggest daily tally of new coronavirus infections in almost two weeks, though a senior official said most cities are seeing an improvement. The U.S. Senate passed a $484 billion ... ( read original story ...)
Top Singapore Oil Trader Cooked Books For Years, Owes Banks Billions
Hin Leong, one of the largest oil traders in the world, already owes some $3.85 billion to 23 banks, including JPMorgan Chase (JPM) and HSBC Holdings (HSBC), and is seeking protection from its lenders ... ( read original story ...)