Greensill Capital files for Chapter 11 bankruptcy in New York
NEW YORK (BLOOMBERG) – Greensill Capital filed for Chapter 11 bankruptcy protection for its US unit in New York, as another part of Lex Greensill’s trade finance empire seeks safety […]
Deliveroo strikes to precede London share listing
LONDON (AFP) – The meal delivery platform Deliveroo is bracing for strikes and other social actions by disgruntled riders as it gears up for a major London stock listing. Tipped […]
New York Times turns a column into an NFT and sells it for US$560,000
NEW YORK (BLOOMBERG) – The New York Times sold an article tied to an NFT, or nonfungible token, for about US$560,000 (S$755,000), another sign of the red-hot market for digital […]
Oil prices drop 4% as new lockdowns undermine hopes for economic recovery
NEW YORK (REUTERS) – Oil prices fell 4 per cent per barrel on Thursday (March 25), extending a string of market weakness on renewed lockdowns in Europe and Asia to […]
Suez Canal container ship incident a reminder of global trade’s vulnerabilities
SINGAPORE – Just when global sea shipments seem to be starting to flow again, an event at the key Suez Canal literally and figuratively threatens to put a choke-hold on […]
Oxford GAV Conservation Venture Studio Appoints William I.Y Byun to Build Presence across Asia
Oxford, UK / SEAPRWire / Mar 25, 2021 / – Oxford GAV Conservation Venture Studio (CVS) announces that William I.Y. Byun has joined the team as a Partner to drive forward partnerships […]
Over 150,000 employers to get more than $3b in Jobs Support Scheme payouts from end-March
SINGAPORE – From March 30, more than 150,000 employers will receive payouts of over $3 billion under the Jobs Support Scheme (JSS) of wage subsidies. The payment will benefit over […]
HSA warns against 4 ‘weight-loss’ products; consumer suffers nausea, insomnia after taking pills
SINGAPORE – Four products sold on e-commerce sites and social media platforms were found to contain sibutramine, a banned substance that could increase the risk of heart attack and stroke. […]
2 in 5 security officers abused on the job, with figures rising due to Covid-19: Survey
SINGAPORE – Security officers here say it has become increasingly common for them to be subjected to some form of abuse, with the Covid-19 pandemic being blamed for increased tensions. […]
50,000 staff in education sector receive Covid-19 vaccination letters; over 80% have made appointments
SINGAPORE – Over 80 per cent of staff in education institutions who have been invited to take the Covid-19 vaccine have made appointments to do so, said Education Minister Lawrence […]
Independent Artist Bryce Watanasoponwong Sets up an Exhibition on Abstract Art in Bangkok on 3-6 April 2021
Bangkok, Thailand – Thai-Australian photographer Bryce Watanasoponwong plans drives home his message on crossing the static boundaries existing between two cultures through an abstract art-based exhibition in Bangkok. The 4-day long exhibition […]
Gardens by the Bay sakura season extended till April 11
SINGAPORE – Visitors to Gardens by the Bay will have three extra weeks to enjoy the popular peach and cherry blossoms display, with the Sakura Featuring Hello Kitty floral display […]
Undervalued Hong Fok a stock to consider for the long term
SINGAPORE – Would you pay $1 for an asset worth $4? Of course you would. The folks at listed property group Hong Fok Corporation have been doing precisely this, perfectly […]
S&P 500 slips as tech stocks pull market lower
NEW YORK (REUTERS) – The S&P 500 closed lower on Wednesday (March 24) as optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen […]
Stranded Suez Canal ship’s owner, insurers face millions in claims
LONDON (REUTERS) – The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship […]
Capturing the decarbonisation investment opportunity
The world is at a tipping point as far as climate change is concerned. Research released in early 2020 by NASA – the United States’ National Aeronautics and Space Administration […]
US companies in Asean expect drop in revenue contribution, but eager to continue investing
SINGAPORE – American companies based in Asean are expecting a drop in revenue contributions to businesses in the near term, a poll by the American Chamber of Commerce in Singapore […]
Blogger Leong Sze Hian ordered to pay PM Lee $133,000 for defamation over sharing of article
SINGAPORE – The High Court has ordered blogger and financial adviser Leong Sze Hian to pay Prime Minister Lee Hsien Loong $133,000 for defamation. The sum includes $100,000 in general […]
Man charged with attempted rape of 15-year-old girl arrested after failing to show up in court
SINGAPORE – The 21-year-old who skipped a court appearance on Monday (March 22) where he was supposed to enter his plea over sexual assault charges has been arrested. Police said […]
SLA appoints Frasers Hospitality Trust CEO as new chief, effective April 12
SINGAPORE – The Ministry of Law (MinLaw) on Wednesday (March 24) announced that it has appointed Mr Colin Low as the new chief executive of the Singapore Land Authority (SLA). […]