One third of Hin Leong founder’s ships sold to repay debt: Sources
SINGAPORE (REUTERS) – About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part of […]
Hedge fund boss takes home UK record pay of $634m
LONDON (AFP) – Hedge fund boss Christopher Hohn set a UK record in 2020 for the biggest ever annual paycheck after he paid himself almost half a billion US dollars, […]
S&P 500 surges in strongest one-day rise since June
NEW YORK (REUTERS) – The S&P 500 surged on Monday (March 1) in its strongest one-day gain since June as bond markets calmed after a month-long selloff, while another Covid-19 […]
SIA still best capitalised airline after $8 billion spend
SINGAPORE – Singapore Airlines remains the best capitalised carrier in the world despite spending S$8.1 billion since June. As many of its biggest global rivals struggle to stay aloft, the […]
Decentralized Digital Currency Companies Leverage AsiaPresswire’s Press Release Distribution in Korea
Seoul, Korea / SEAPRWire.com / Korea is a new battlefield for Decentralized Digital Currency giants. They leverage AsiaPresswire’s Korea press release distribution services to build their brand image and draw awareness of […]
Budget debate: Transformation to next-gen SAF on track despite Covid-19, says Ng Eng Hen
SINGAPORE – Despite the pandemic, the transformation of the Singapore Armed Forces (SAF) into a new-generation defence force by 2040 remains on track, Defence Minister Ng Eng Hen said on […]
SAF to review medical classification system to let more NSmen take on operational roles
SINGAPORE – More national service enlistees will soon be able to take on operational roles within the Singapore Armed Forces (SAF), regardless of medical fitness, as the organisation reviews the […]
Weight-loss products found to have banned substance, high doses of laxative
SINGAPORE – Consumers have been warned not to buy or consume the weight-loss products “Bobba Fitz” and “Bobba Toxx” after they were found to contain a banned substance and a […]
Parliament: Illegal vehicle modification offences down; Tanjong Pagar Road not known to be a speeding-prone area
SINGAPORE – Stricter penalties as well as regular enforcement and inspections have brought the number of illegal vehicle modification offences down over the past five years, said Senior Minister of […]
$90m to be spent on Singapore’s first top-level biosafety lab, to be operational by 2025
SINGAPORE – Singapore will get its first highest-level biosafety containment lab ready by 2025 – the first such facility in South-east Asia – to prepare for the next big pandemic […]
Asia stocks bounce as bond market calms
SYDNEY (REUTERS) – Asian shares firmed on Monday (March 1) as some semblance of calm returned to bond markets after last week’s wild ride, while progress in the huge US […]
Australia home prices surge at fastest pace since 2003 in February
SYDNEY (BLOOMBERG, REUTERS) – Australian home prices climbed by the most since August 2003 in February as record low borrowing rates and government incentives lure more buyers into the market, raising fears […]
China fintech curbs that hit Ant were no surprise, Ping An says
BEIJING (BLOOMBERG) – China’s curbs on fintech that thwarted a massive stock sale by Ant Group have been under consideration for years and weren’t a surprise to those in the […]
Upside for stocks intact despite inflations fears
SINGAPORE – US equities last week were rattled by a sharp upwards movement in US bond yields, which many market watchers fear is a sign of inflationary pressures which could […]
Local banks step up to help Singapore SMEs go global
SINGAPORE – When a small and medium-sized enterprise (SME) decides to take its first step outside the country, it will look for a bank where it can open a business […]
Morning Briefing: Top stories from The Straits Times on Feb 28
Good morning! Here are our top stories to kick-start your Sunday, Feb 28. She was severely burnt in 2000 Taipei crash: Ex-SIA girl traces her recovery She watched in horror […]
Me & My Money: Investing regularly and for the long-term helps veteran investor tide over market uncertainty
SINGAPORE – Investing small amounts at regular intervals over the long term is the winning strategy of veteran investor Raymond Wong. Mr Wong, 49, associate director at financial advisory firm […]
Collect antiques from US presidents
(NYTIMES) – Mr Robert Russell Crans Jr is storing a bounty of items once owned and touched by President Abraham Lincoln and his family that represent a time in US […]
Off to climb ‘Mount Fuji’ here to raise funds for special needs youth
Over the next three months, eight people with special needs in Singapore will each attempt to scale the equivalent of Mount Fuji, which stands at 3,776m. They will climb hills […]
Ex-SIA girl traces her recovery after plane crash
She watched in horror as the video clip of a fiery car crash in Tanjong Pagar unfolded. But Madam Farzana Abdul Razak also felt admiration for the young woman seen […]