Hin Leong, one of the largest oil traders in the world, already owes some $3.85 billion to 23 banks, including JPMorgan Chase (JPM) and HSBC Holdings (HSBC), and is seeking protection from its lenders …
Explaining Successful (and Unsuccessful) COVID-19 Responses in Southeast Asia
We have seen huge disparities in the number of confirmed cases, even when we account for cases per capita. There are enormous differences in case fatality rates, from well under 1 percent in Singapore …
Spain’s daily death rate from coronavirus rises slightly; Singapore extends ‘circuit breaker’ measures until June 1
Spain’s daily death toll has risen slightly from Monday; meanwhile, Singapore’s partial lockdown, known as the “circuit breaker,” has been extended to June 1.
How Singapore Flipped From Virus Hero to Cautionary Tale
In the early days of the coronavirus pandemic, Singapore was a global standard bearer for taming the deadly illness. Now it’s home to Southeast Asia’s largest recorded outbreak and is racing to regain …
Coronavirus live updates: Spain’s daily death rate rises slightly; Singapore extends ‘circuit breaker’ measures until June 1
Spain’s daily death toll has risen slightly from Monday; meanwhile, Singapore’s partial lockdown, known as the “circuit breaker,” has been extended to June 1.
Singapore PM to Update Country on Coronavirus Measures
A man stands in front of a screen showing a telecast of Singapore’s Prime Minister Lee Hsien Loong addressing the outbreak of coronavirus disease (COVID-19), at the central business district in …
Coronavirus response: ‘We don’t want to be like Singapore’ hospital official says, warning against reopening too son
But, he warned, “Today, I want to tell you that we don’t want to be like Singapore.” Singapore, a densely populated nation of 5 million, put strict regulations in place in ear …
Oil, Singapore, Nova Scotia: Your Monday Evening Briefing
Good evening. Here’s the latest. 1. Something bizarre happened in the markets today: The price of a barrel of oil went negative. That has never happened before, and it was a sharp turnaround from …
Former Singapore Billionaire Lim’s Oil Giant Files For Bankruptcy
Hin Leong Trading (HLT), one of Singapore’s largest independent oil traders, said that it failed to declare “about $800 million in futures losses over the years,” Reuters reported, citing a court …
World News Updates: Coronavirus Death Toll Soars in Turkey, Amid Signs Reality Is Even Worse
A W.H.O. official warns of roadblocks in the way of a vaccine. Singapore, an early success story, is having a surge in cases, while European countries start to ease restrictions.