Broken signalling cable led to 6-hour disruption on Downtown Line
SINGAPORE – A broken signalling cable has been identified as the cause of delays that lasted for about six hours on the Downtown Line (DTL) on Monday (Dec 28). Commuters […]
Some MyRepublic broadband users face connectivity issues for more than 24 hours
SINGAPORE – Some customers of Internet service provider MyRepublic were hit by a broadband outage on Thursday (Dec 31) morning and there were reports of the problem continuing for more […]
Timeline of events for terminated KL-Singapore HSR project
SINGAPORE – In 2013, Singapore and Malaysia had agreed to build a 350km High Speed Rail (HSR) line between Kuala Lumpur and Singapore, which would have cut travelling time to […]
Wall Street closes out wild pandemic year with Dow, S&P at records
NEW YORK (REUTERS) – US stocks ended a tumultuous year with the Dow and S&P 500 at records, as the three major US equity indexes notched solid-to-spectacular yearly gains despite […]
Singdollar hits 2-year high against greenback
NEW YORK • The Singapore dollar, euro, and Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback. The Singapore dollar was trading at US$1.3230 […]
STI is region’s worst performer of 2020
The pandemic hammered South-east Asian stock markets last year, with the Straits Times Index (STI) taking the biggest hit in region. The local bourse ended the year down nearly 12 […]
UK-Singapore free trade deal kicks in
A free trade agreement (FTA) between the United Kingdom and Singapore takes effect from 7am today, ensuring that companies from both countries continue to enjoy the same trading benefits, even […]
Company Briefs : KrisEnergy
KrisEnergy Upstream oil and gas firm KrisEnergy has extended the maturity of its revolving credit facility (RCF) from DBS by an initial six months to June 30. The facility may […]
Algorima, a Korean AI-focused education company executes MOU with Inganam
Seoul, Korea – Algorima, an AI-focused education company, and Inganam, a human sciences education company, have entered into a Memorandum of Understanding (MOU). This will secure future opportunities for Korean startups […]
JobsPivot Joins 2021 Efforts to Combat Unemployment in Singapore
Opportunities Provider Aims to Help Struggling Singaporeans Rebound After Difficult Year Singapore – JobsPivot today announced a series of job fairs and training partnerships in 2021 meant to help mitigate the […]
Family Justice Courts to pilot programme using panel of financial experts for asset valuation in divorces
SINGAPORE – A new programme will allow the court to appoint third party financial experts to give objective opinions of the valuation of assets being divided during a contentious divorce. […]
Youth ordered to undergo reformative training for stabbing man who offered sexual act
SINGAPORE – An angered drug offender repeatedly stabbed a man who had offered to perform a sexual act on him, causing nine wounds near his heart, liver, colon, small intestine […]
Competition and Consumer Commission of Singapore gets new chairman and board members
SINGAPORE – A new chairman and three new board members have been appointed to the Competition and Consumer Commission of Singapore (CCCS), said the Ministry of Trade and Industry (MTI) […]
Healthcare staff receive fruits from local restaurant on last day of 2020
SINGAPORE – On the last day of what has been a gruelling 2020, healthcare staff at 20 hospitals here received some cheer in the form of cartons of fruit, packed […]
Man charged with attempted murder of woman in Bedok
SINGAPORE – A man was charged on Thursday (Dec 31) with attempted murder after a woman was found injured the day before. Lim Song Chua, 59, who was charged in hospital, […]
Move over Mukesh Ambani, Asia has a new richest person – China’s ‘Lone Wolf’
BEIJING (THE BUSINESS TIMES) – Zhong Shanshan is a private billionaire who’s rarely quoted in the press. Now, after an improbable career spanning journalism, mushroom farming and healthcare, he’s become […]
China averts liquidity squeeze that was wreaking havoc on bonds
BEIJING (BLOOMBERG) – China’s central bank has pumped enough cash into the banking system to convince government bond investors that the worst is finally over. Over the past month, the […]
Gold firms as US dollar slides to multi-year low
BENGALURU (REUTERS) – Gold prices edged higher on Wednesday (Dec 30), as the prospect of increased fiscal aid pushed the US dollar to its lowest in more than two years, […]
US dollar plumbs more than 2-year lows to Singapore dollar
NEW YORK (REUTERS) – The Singapore dollar, euro, Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback as investors bet on more US fiscal […]
Dow edges to record as US stock rally resumes
NEW YORK (AFP) – Wall Street stocks resumed their holiday season rally on Wednesday (Dec 30), shrugging off the dimming chances of more US stimulus being enacted while another coronavirus […]