As the severe acute respiratory syndrome (Sars) epidemic reached its height in 2003, corporate finance activity fell sharply with the volume of initial public offerings (IPO) dropping to levels not ... ( read original story ...)
Singapore Cases Keep Rising; Europe Outbreak Eases: Virus Update
Signs of easing in the global pandemic emerged as hot spots in Europe reported the smallest increases in fatalities in weeks, while New York appeared to be “on the other side” of the outbreak.The Worl ... ( read original story ...)
Singapore Cases Rise; U.S. Nears Business Aid: Virus Update
Signs emerged that the global pandemic is easing as hot spots in Europe reported the smallest increases in fatalities in weeks, while New York appeared to be “on the other side” of the outbreak. ( read original story ...)
Singapore oil trader hid US$800 million of losses before collapse that stuns lenders including HSBC, DBS
The trader’s troubles have rippled through the oil trading community in Singapore, one of the world’s most important oil markets and the biggest ship fuelling hub. Asian banks from DBS to HSBC are ... ( read original story ...)
Foreign Workers Are Safer in Singapore, Minister Says
Foreign workers in Singapore know they are currently safer in the city-state than elsewhere including their own countries, a minister said, even as a massive coronavirus outbreak among that community ... ( read original story ...)
Singapore giant oil trader Hin Leong failed to declare $1.14 billion losses
Three Singapore banks — DBS Group, OCBC Bank and United Overseas Bank — have a combined exposure of at least US$600 million. DBS has the highest exposure at around US$290 million, OCBC Bank is owed ... ( read original story ...)
Singapore reports new spike in coronavirus among migrant workers
Singapore set a new daily case record over the weekend as the city-state once lauded for its handling of the outbreak struggled to contain the virus’s spread among its 1m low-wage migrant workers. The ... ( read original story ...)
The Latest: McDonalds to suspend operations in Singapore
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause ... ( read original story ...)
Chartered Group and MAFAT mark a major milestone between Japan and Israel, with corporate Japan gaining access to advanced Israeli technology
For the first time, one of the most advanced and innovative defense technology organization in the world (The Israel Ministry of Defense Directorate of Defense Research and Development – DDR&D;, aka ... ( read original story ...)
Foreign Workers in Singapore Are Safer Here, Minister Says
Foreign workers in Singapore know they are currently safer in the city-state than elsewhere including their own countries, a minister said, even as a massive coronavirus outbreak among that community ... ( read original story ...)
Singapore giant oil trader Hin Leong said to have failed to declare $1.14 billion losses
Three Singapore banks — DBS Group, OCBC Bank and United Overseas Bank — have a combined exposure of at least US$600 million. DBS has the highest exposure at around US$290 million, OCBC Bank is owed ... ( read original story ...)
Foreign Workers Safer in Singapore Than Elsewhere, Minister Says
Foreign workers in Singapore know they are currently safer in the city-state than elsewhere including their own countries, a minister said, even as a massive coronavirus outbreak among that community ... ( read original story ...)
Singapore reports 596 new coronavirus cases, taking total to 6,588
Singapore’s health ministry confirmed 596 new infections on Sunday, taking the total number of cases in the city-state to 6,588. The vast majority of the new cases are migrant workers living in ... ( read original story ...)
Singapore Now Has Most Coronavirus Cases in Southeast Asia
Singapore overtook Indonesia in coronavirus infections and now has the most cases in Southeast Asia after the city-state detected hundreds more victims among low-wage foreign workers. ( read original story ...)
Standard Chartered donates $1m to help Singapore community respond to Covid-19
SINGAPORE (THE BUSINESS TIMES) - Standard Chartered has made a $1 million donation in Singapore as part of its US$50 million (S$71 million) global assistance fund to help communities deal with ... ( read original story ...)
Singapore giant oil trader Hin Leong, Ocean Tankers apply for court protection from creditors
HSBC is the bank with the biggest exposure to Hin Leong at US$600 million, followed by ABN Amro at US$300m. Three Singapore banks - DBS Group, OCBC Bank and United Overseas Bank - reportedly have a ... ( read original story ...)