G.H.Y Culture & Media’s IPO shares priced at 66 cents
Entertainment company G.H.Y Culture & Media Holding lodged its final prospectus yesterday ahead of a mainboard listing. It is offering 21.7 million shares at 66 cents each in its initial […]
Jail for doctor who took more than 3,000 upskirt videos; described as a prolific serial voyeur
SINGAPORE – A doctor who concealed a camera in his shoe and used it to record more than 3,000 upskirt videos was sentenced on Friday (Dec 11) to three years’ […]
Five schools recognised for efforts in improving mental health
SINGAPORE – Five educational institutions here were recognised on Friday morning (Dec 11) for their efforts in promoting mental health awareness on campus. They received the inaugural Silver Ribbon Mental […]
Mandatory treatment order for man who drove stolen ambulance to girlfriend’s condominium
SINGAPORE – A full-time national serviceman with the Singapore Civil Defence Force (SCDF) will have to undergo mandatory treatment for two years after he stole an ambulance and drove it […]
BTO flats in prime locations may get more govt subsidies but face resale restrictions: Desmond Lee
SINGAPORE – Build-To-Order (BTO) flats in prime locations may receive more subsidies as the Government considers ways to ensure new Housing Board units remain affordable for ordinary Singaporeans. Among the […]
Grab to implement 30-cent platform fee for rides from Dec 18
SINGAPORE – Ride-hailing firm Grab will start charging a platform fee of 30 cents for rides booked through its platform from Dec 18. The fee is inclusive of goods and […]
Airbnb shines as Dow, S&P 500 edge lower
NEW YORK (AFP) – Wall Street stocks had a mixed session on Thursday (Dec 10) following disappointing employment data, while Airbnb rocketed higher in its market debut. New applications for […]
Chinese firms dropped from Dow Jones indexes after US order
SHANGHAI • S&P Dow Jones Indices (DJI) said yesterday it would remove Chinese companies, including Hikvision, from its products, becoming the latest index provider to do so following a Trump […]
Facebook faces US antitrust suits over WhatsApp, Instagram
WASHINGTON • United States federal and state antitrust enforcers filed suit against Facebook on Wednesday, claiming the social media giant abused its dominant position and seeking to unwind its acquisitions […]
ADB forecasts shallower slump for Asia this year
MANILA • Developing Asia’s economy will contract this year by less than previously estimated as it begins recovering from the coronavirus pandemic, according to the Asian Development Bank (ADB). The […]
FTA with UK further cements S’pore’s status as top trading hub
Even as trade remains muddied by rising protectionism and a recession-inducing pandemic, Singapore continues to consolidate its position as a major node in the global supply chains that lead in […]
N-level results to be released on Dec 17
SINGAPORE – Students will be getting their N-level results next Thursday (Dec 17). Arrangements have been made for school candidates to receive their results in their classrooms or online, because […]
Cyclist jailed after crashing into pedestrian who died five days later
SINGAPORE – A cyclist has been given a prison sentence over an accident involving a pedestrian who died of his injuries five days after the crash. Toni Timo Salminen, who […]
7 special education schools to progressively operate at permanent sites from 2022
SINGAPORE – Seven government-funded special education (Sped) schools will progressively begin operations on new campuses at permanent sites from 2022. This is part of the Ministry of Education (MOE)’s ongoing efforts […]
Number of HDB resale flats sold for at least $1m hits new high; 72 in first 11 months of 2020
SINGAPORE – The number of Housing Board (HDB) resale flats sold for $1 million or more each has hit a new high, following 13 transactions done in November, according to […]
Close to 5,500 jobs available in S’pore’s healthcare sector; 3 in 4 are long-term positions
SINGAPORE – Nearly 5,500 job openings are on offer in the healthcare sector, with three in four of them being long-term positions. Close to 40 per cent – or 1,530 […]
US economy to slow in first quarter of 2021 but reach pre-Covid levels in a year: Poll
BENGALURU (REUTERS) – US economic growth will lose momentum this quarter and next but expand faster than previously thought after that, according to a Reuters poll of economists, a firm […]
Airbnb reaches $62.8 billion value in above-range IPO
NEW YORK (BLOOMBERG) – Airbnb, within hours of DoorDash nearly doubling in its trading debut, priced its initial public offering (IPO) above a marketed range to raise about US$3.5 billion […]
Credit Suisse shuts $2.67 billion insurance units after withdrawals
ZURICH (BLOOMBERG) – Credit Suisse Group is winding down two reinsurance vehicles with assets of about US$2 billion (S$2.67 billion) after key investors moved their funds out. Humboldt Re and […]
Pound drops after leaders dinner fails to break Brexit impasse
SINGAPORE (BLOOMBERG) – The pound fell after the UK and the European Union agreed to give Brexit trade negotiations until Sunday (Dec 13), with large gaps remaining between the two […]