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Posted on June 17, 2020

Winson seeks $30 mln from Standard Chartered Singapore over Hin Leong deal

Winson Oil Trading Pte Ltd has started legal proceedings against Standard Chartered Bank (Singapore) Ltd to claim at least $30.4 million in payment for a diesel cargo it sold to Hin Leong Trading Pte …

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Posted on June 17, 2020

Indonesia reports 1,031 new coronavirus infections; Southeast Asia’s highest case total

Indonesia reported 1,031 new coronavirus infections on Wednesday taking the total to 41,431 and overtaking Singapore with the highest number of COVID-19 cases in Southeast Asia.

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Posted on June 17, 2020

Aviation hub Singapore suspends construction of airport terminal

Singapore will suspend the construction of a major airport terminal for at least two years as global aviation struggles to recover from the coronavirus pandemic, the transport minister said Tuesday. K …

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Posted on June 16, 2020

Reebelo, a Singapore-based site for refurbished electronics, raises $1.25 million seed round

Reebelo, a Singapore-based marketplace for refurbished electronics, announced it has raised a seed round of $1.25 million led by June Fund, with participation from Antler. The new funding will be used …

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Posted on June 16, 2020

Why North Korea just blew up its de facto embassy with South Korea

Almost exactly two years ago, a historic meeting between President Trump and Kim in Singapore sparked hopes that North Korea could denuclearize. But those initial hopes have prove …

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Posted on June 16, 2020

Home Is Where Singapore’s New Casino Is

The house arrest of pandemic lockdowns seems to have thrown open the gambling switch in our brains.How else to rationalize the frothy frenzy across asset classes globally, a madness so complete that …

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Posted on June 16, 2020

A Real Market in Medical Care? Singapore Shows the Way

Some American companies have embraced elements of it, such as price transparency and HSAs.

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Posted on June 16, 2020

Singapore Stock Market Due For Support On Tuesday

(RTTNews) – The Singapore stock market has ended lower in three consecutive sessions, retreating more than 185 points or 6.7 percent in that span. The Straits Times Index now rests just beneath the …

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Posted on June 16, 2020

U.S. Cases Rise 0.9%; Singapore to Ease Limits: Virus Update

New outbreaks in the U.S. have raised concerns about the pace of reopening the economy. Singapore prepared to ease curbs, while the World Health Organization said a cluster of cases in Beijing is a …

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Posted on June 15, 2020

ByteDance in talks with Singapore business family on banking licence

The company has bid for a digital bank licence in the city-state and is negotiating a tie-up with an investment group linked to the Lees, said three people with knowledge of the situation. ByteDance …

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