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 ...)
Singapore oil traders face credit crunch after Hin Leong fiasco
Hin Leong owes about $3.85bn to more than 20 lenders, including $600m to HSBC. Of Singapore’s three largest banks — DBS, UOB and OCBC — 5 per cent of their loan books is exposed to the energy sector, ... ( read original story ...)
Singapore Airlines: Trading Cheap, Awaiting Relief Package Amid Travel Restrictions
Coronavirus pandemic resulted in grounding a vast majority of its aircraft. The common stock is trading at 10-year lows and well below 50- an ... ( read original story ...)
Bruno Michieli Examines the Outlook for Private Equity in APAC Region
Having enjoyed two phenomenal years in succession, the Asia-Pacific (APAC) private equity industry slowed down in 2019 as its main driving force, China, grappled with a softening economy and the ... ( read original story ...)
Singapore Proves There’s No Textbook Virus Response
Once lauded as a beacon in the fight against Covid-19, Singapore reached an unenviable milestone this week: the most cases in Southeast Asia.Soaring infections suggest rapidly tightening restrictions ... ( read original story ...)
Singapore’s Coronavirus Success Story Hits a Snag
Though the curve has flattened, new cases have exploded among migrant workers who live in the country’s far-flung dormitories. Human rights watchers say these ... ( read original story ...)
Singapore’s IPOS ranked world’s most innovative IP office
SINGAPORE, April 9 (Xinhua) -- The Intellectual Property Office of Singapore (IPOS) said on Thursday it was ranked as the world's most innovative intellectual property (IP) office for the first time, ... ( read original story ...)
Singapore Pledges Extra $2.7 Billion as Virus Measures Extended
Singapore will extend its partial lockdown for a further four weeks until June 1 to “decisively” bring down coronavirus cases within the community, and will provide an additional S$3.8 billion ($2.7 ... ( read original story ...)
Singapore lost control of its coronavirus outbreak, and migrant workers are the victims
The modern city-state was labeled the gold standard for virus tracing, but cases have now risen tenfold in a month, concentrated among low-income laborers. ( read original story ...)
Singapore expands lockdown as Covid cases surge past 9,000
Fast-growing second peak of infections underlines how easily virus is able to return ... ( read original story ...)
Singapore extends partial lockdown until June 1 as infections surge
Singapore will extend a partial lockdown until June 1 to curb a sharp rise in coronavirus infections in the city-state, Prime Minister Lee Hsien Loong said on Tuesday. The measures, which include the ... ( read original story ...)
‘Technologies help me overcome any difficulties’ – An Indian professional on life in Russia
Born in India’s Kolkata, Pratik Bhattacharjee now works in Moscow as Head of Credit Cards & Personal Loans at Citibank. He explains what it was like to move to Russia after Singapore in 2017 and why ... ( read original story ...)
Coronavirus to sap Philippines’ dollar sources — DBS Bank
But in a report released Tuesday, the research unit of Singapore-based DBS Bank said the recent spike in demand for locally manufactured electronic products, the Philippines’ top export, seen in the ... ( read original story ...)
Asia Today: Singapore extends lockdown amid surge in cases
Singapore will extend its partial lockdown by four more weeks after reporting thousands of new coronavirus cases in recent days, Prime Minister Lee Hsien Loong said ... ( read original story ...)
Spain’s daily death rate from coronavirus rises slightly; Singapore extends ‘circuit breaker’ measures until June 1
Spain's daily death toll has risen slightly from Monday; meanwhile, Singapore's partial lockdown, known as the "circuit breaker," has been extended to June 1. ( read original story ...)