Morning Briefing: Top stories from The Straits Times on June 11
Good morning! Here are our top stories to kick-start your Friday, June 11. S’pore eases Covid-19 curbs from June 14: All your questions on the new rules answered Which activities […]
China’s Evergrande tycoon loses $25 billion as investors revolt
SHANGHAI (BLOOMBERG) – Just eight months after celebrating a narrow escape from financial disaster, Chinese billionaire Hui Ka Yan finds himself back in crisis-fighting mode. Resurgent concerns about the health […]
Chinese ride-hailing giant Didi reveals $2 billion loss in US IPO filing
NEW YORK (BLOOMBERG) – Chinese ride-hailing company Didi revealed a US$1.6 billion (S$2 billion) net loss for 2020 as it moves ahead with plans for a US initial public offering […]
Goldman Sachs orders US staff to report Covid-19 vaccine status
NEW YORK (AFP) – Goldman Sachs has ordered United States employees to report their Covid-19 vaccination status as the investment bank orchestrates a return to the office, according to a staff […]
Recovered Covid-19 patients to get one vaccine dose to boost immunity
SINGAPORE – People who have recovered from Covid-19 and with more than six months since their infection will get priority for a single-dose of the vaccine. This is because they […]
S&P 500 ends at record as US stocks shrug off inflation spike
NEW YORK (AFP) – The S&P 500 finished at a fresh record on Thursday (June 10) as markets took in stride data showing another spike in annual inflation last month […]
7,000 market stallholders to get rental waivers to cope with decline in business during Covid-19 curbs
SINGAPORE – Market stallholders will be getting some help in coping with reduced business during this period of Covid-19 curbs. A month’s worth of rental waivers will be given to […]
Racist acts signal it’s time for S’poreans to confront ‘painful truths’ about beliefs: President Halimah
SINGAPORE – President Halimah Yacob on Thursday (June 10) said recent incidents of “hatred and chauvinism” have shaken confidence in Singaporeans’ belief in hard-won cohesion. “It is agonising to read […]
Robinsons to reopen as online mall on June 24
SINGAPORE – After exiting Singapore in January, 163-year-old retailer Robinsons will make a comeback as an online department store. In a statement on Thursday (June 10), the iconic mall announced […]
Morning Briefing: Top stories from The Straits Times on June 10
Good morning! Here are our top stories to kick-start your Thursday, June 10. How much will S’pore ease Covid-19 restrictions after June 13? Any changes are likely to be calibrated […]
GameStop says SEC is investigating trading of its shares
NEW YORK (BLOOMBERG, REUTERS) – GameStop, one of the popular “meme” companies whose stock has soared this year, said US securities regulators are looking into the trading of its shares. […]
US remains far ahead of global pack as financial centre: Study
LONDON (REUTERS) – The United States remains the world’s dominant financial centre, well ahead of nearest rival Britain, whose lead over Frankfurt and Paris so far easily outweighs the hit […]
US stocks end down after another lacklustre session
NEW YORK (AFP) – Wall Street stocks finished lower after another sluggish session on Wednesday (June 9) as markets look ahead to key consumer inflation data. “It’s quiet, light trading, […]
Singapore biomedical start-up Lucence seeks more funding to grow
SINGAPORE – His brother founded a Singapore online gaming company that became a home-grown unicorn that listed in Hong Kong. Now he is on the path to do the same with […]
Racist comments made in public may break laws in S’pore: Lawyers
SINGAPORE – From the Penal Code to the Protection from Harassment Act, lawyers say Singapore has a range of laws to guard against racist comments. They apply whether the comments […]
New global tax plan adds to list of challenges for Singapore
SINGAPORE – The world’s richest countries have proposed laying out new international tax rules that will only add to the challenges that trade-and investment-dependent countries like Singapore face in the […]
Pangea Ocean Cleanup Announces World Ocean Week Campaign, the Crypto Community Can Save Our Oceans
Singapore / SEAPRWire / June 09, 2021 / – PANGEA is an ecological organization, and movement which was founded in 2019 by three nature-loving travelers: Marcos, William, and Juan. Now they have announced a World […]
All staff at Four Leaves bakery at Ion Orchard quarantined; outlet closed temporarily
SINGAPORE – All staff at the Four Leaves outlet in Ion Orchard have been quarantined, and the outlet has been closed temporarily, after a retail assistant working there was confirmed […]
550 out of about 62,000 Covid-19 cases in Singapore infected with Delta variant
SINGAPORE – Of the roughly 62,000 Covid-19 cases recorded in Singapore as at end-May, 550 had been infected with the Delta variant of the coronavirus first detected in India. This […]
Man accused of Ang Mo Kio cat slashings charged in court, remanded at IMH
SINGAPORE – A man who is allegedly behind a series of cat slashings in Ang Mo Kio has been charged. Leow Wei Liang, 37, was handed one charge of animal […]