Oil declines after OPEC+ agrees to boost production into 2022
NEW YORK (BLOOMBERG) – Oil eased after OPEC+ agreed to boost production into 2022, resolving an internal dispute that had shaken the alliance. Brent crude declined 0.5 per cent after […]
Morning Briefing: Top stories from The Straits Times on July 19
Good morning! Here are our top stories to kick-start your Monday, July 19. Fencing, mandatory SafeEntry to be implemented at more markets amid rise in Covid-19 cases: MOH The added […]
China’s luxury retirement homes draw millions from investors
BEIJING (BLOOMBERG) – Retiree William Tang recently decided to swap his life in downtown Shanghai for a luxury elder-care development in the city’s far west, paying US$220,000 to rent a […]
Sustainable investments account for more than a third of global assets
LONDON (REUTERS) – Sustainable investments total US$35.3 trillion, or more than a third of all assets in five of the world’s biggest markets, a report from the Global Sustainable Investment […]
Binance focusing on compliance amid global scrutiny: CEO
SINGAPORE – The regulatory minefield that cryptocurrency platform Binance must navigate amid growing scrutiny globally is its biggest task ahead, said its chief executive and founder Zhao Changpeng in an […]
Business as usual at S’pore’s wet markets, but seafood in short supply
SINGAPORE – Fishmongers at several wet markets around the island were closed but it was business as usual at meat and vegetable stalls as residents largely stuck to their regular […]
KTV, Jurong Fishery Port Covid-19 clusters a reminder why everyone must get vaccinated, says PM Lee
SINGAPORE – The recent large clusters of Covid-19 cases from the KTV lounges and Jurong Fishery Port are a reminder of the need to get everyone vaccinated, said Prime Minister […]
Morning Briefing: Top stories from The Straits Times on July 18
Good morning! Here are our top stories to kick-start your Sunday, July 18. Businesses scramble for alternative supplies of fresh seafood as Jurong Fishery Port shuts over Covid-19 cases Consumers […]
Churches in Singapore taking steps to fight right-wing extremism
SINGAPORE – The National Council of Churches of Singapore (NCCS) has been in touch with church leaders here to keep watch over the youth in their congregations to combat far-right influence. […]
ISD watching social media, gaming platforms for terror-related activity
SINGAPORE – The online platform Roblox, popular with young gamers who assume avatars and play games similar to Minecraft, looks like any other online resource. But tucked behind the building […]
Resale condos are back in vogue in Singapore
The private resale market is making a solid comeback after a hiatus of two years. About 8,880 condominium units were sold last year, over 16 per cent higher than the […]
Women lose out amid fall in bank teller jobs
(BLOOMBERG) – For years, women have had a foot in the door to the finance industry by becoming bank tellers. Now that path is disappearing due to the increase in […]
Are workers more creative in the office?
(NYTIMES) – When Yahoo banned working from home in 2013, the reason was one often cited in corporate America: Being in the office is essential for spontaneous collaboration and innovation. […]
Battery tycoon charges ahead in wealth rankings
(BLOOMBERG) – Looks like selling car batteries is a better business than e-commerce and fintech combined. After all, Dr Zeng Yuqun, founder of the world’s biggest electric-vehicle battery maker, has […]
Pandemic hobbies that make money
(NYTIMES) – Ms Jenny Eisler learnt to knit in the first grade and was good at it. She also did time as a Girl Scout, which imbued her with an […]
Long queues form at wet markets following Jurong Fishery Port’s closure
SINGAPORE – The closure of Jurong Fishery Port has affected fish suppliers and market stalls, and also caused a bit of anxiety among shoppers, who were seen snapping up fish […]
URA seeks ideas from Singaporeans for long-term land use plans
SINGAPORE – For the first time in 50 years, the review of the Singapore’s long-term land use plans will yield not just one plan, but several options to deal with […]
Morning Briefing: Top stories from The Straits Times on July 17
Good morning! Here are our top stories to kick-start your Saturday, July 17. Jurong Fishery Port, Hong Lim Market, Jalan Besar eatery closed as 2 new Covid-19 clusters surface Seven […]
US stocks end lacklustre week on losing note
NEW YORK (AFP) – Wall Street stocks fell on Friday (July 16), ending a lacklustre week on a negative note amid uncertainty over the outlook for global growth and inflation. […]
S’pore’s construction sector faces manpower, materials roadblocks with future uncertain
SINGAPORE – The road ahead for the construction industry remains uncertain, for while Singapore may have quelled the Covid-19 outbreak in worker dormitories here and is gradually opening up, the […]