NEW YORK (REUTERS) – Asian stocks skidded on Thursday (Jan 28) after Wall Street sank amid deepening concerns about stretched valuations in stock markets, while the US dollar and bonds strengthened. Paring opening losses, Australia’s S&P/ASX 200 benchmark lost 1.9 per cent, Japan’s Nikkei fell 1 per cent and South Korea’s Kospi index lost 0.9 per cent. Hong […]

JAKARTA (BLOOMBERG) – Sea Ltd and Gojek are snapping up Indonesian lenders, betting they can make headway into one of the world’s largest unbanked markets. The buying spree is set to continue as financial technology firms set their sights on the nation’s more than 175 million Internet users, many of whom rely on online banking […]

SINGAPORE – The 16-year-old behind the racial attack of a Singaporean, then a student in London, was sentenced on Wednesday (Jan 27) to an 18-month youth rehabilitation order. A British court also ordered the teenager to follow a curfew from 8pm to 7am which will be electronically monitored and pay £600 (S$1,000) compensation to Mr […]

Co2Bitcoin将于 2021 年 1 月 28 日在 www. coinsbit.io 交易所上市。 纽约 – Co2Bitcoin是一种新的金融工具。该工具由具有创新精神的去中心化团体创立，专注于缓解气候变化带来的不利影…

Co2Bitcoin will be available on January 28, 2021 at the www.coinsbit.io exchange. New York, NY – A decentralized group of innovators and visionaries, focused on mitigating the causes and potentially cataclysmic effects of climate change, has introduced a new financial instrument. A cryptocurrency, Co2Bitcoin, available to the public on January 28th, 2021, will help Countries to finance local projects to combat global […]

SINGAPORE (BLOOMBERG) – Foreigners snapping up private apartments in Singapore declined to a 17-year low last year as travel restrictions and lockdowns in various countries deterred them from coming to the city-state. Purchases of units fell to 742 last year, according to real estate consultancy firms ERA Realty Network and OrangeTee & Tie. That’s the […]

SINGAPORE (THE BUSINESS TIMES) – Ascott Residence Trust’s (ART) distribution per stapled security (DPS) fell by 52 per cent to 1.99 cents for its half year ended Dec 31, 2020 compared to 4.18 cents a year ago, reported its managers on Wednesday morning (Jan 26). This brings ART’s DPS for the full year to 3.03 […]

NEW YORK (BLOOMBERG, REUTERS) – Goldman Sachs cut chief executive officer David Solomon’s annual compensation by 36 per cent after deducting a penalty for the bank’s role in Malaysia’s 1MDB bribery scandal. The board reduced his package to US$17.5 million (S$23.2 million) for 2020, down from US$27.5 million a year earlier. The payout fell after […]

WASHINGTON (BLOOMBERG) – The International Monetary Fund (IMF) raised its forecast for global growth this year, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent pandemic. Global gross domestic product (GDP) will soar 5.5 per cent this year, faster than the 5.2 per cent projected […]

NEW YORK (BLOOMBERG) – Etsy shares jumped on Tuesday (Jan 26) after the e-commerce company earned praise from Elon Musk, the third time this month that the Tesla Inc. leader drove up a stock with the push of a social media button. “I kinda love Etsy,” Tesla’s chief executive officer wrote in a tweet. In […]

When the pandemic hit, some students from the Singapore Raffles Music College who were abroad found themselves stranded, with few avenues of continuing their studies. The college management scrambled to find a way to ensure that this group of students could pivot to e-learning. Through Lark’s business collaboration platform, students from different regions could remain […]

Stock Up Express (www.stockupexpress.com) Receives More Than 1,000,000 Annual Online Visitors, Consisting of a Diverse Group of Customers NEW YORK, NY, Jan 26, 2021 – (ACN Newswire) – via NewMediaWire – Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of CBD & CBG infused Supplement chewing gums […]

Stirling, Alberta, Jan 25, 2021 – (ACN Newswire) – Greenbriar Capital Corp. (TSXV: GRB) (“Greenbriar”) is pleased to announce that it has entered into a unique industry leading marketing partnership with Ridge Utilities Ltd. (“Ridge”). The partnership will see Greenbriar support the development of micro-generation capacity for numerous commercial and agricultural sites across southern Alberta, while Ridge Utilities will […]

SINGAPORE – Businesses in Singapore remain hopeful although almost two-thirds or 63 per cent were negatively impacted by the Covid-19 pandemic with revenue plunging by 31 per cent on average, an annual survey by the Singapore Business Federation (SBF) found. Despite the challenges of an uncertain economic climate engendered by the pandemic, 69 per cent […]

SINGAPORE (THE BUSINESS TIMES) – Medtech firm Biolidics on Monday (Jan 25) launched a Covid-19 antigen test kit which can be marketed and sold in the European Union (EU). The raw materials of the antigen test kit, named ClearEpi Sars-CoV-2 Antigen Rapid Test Kit (ClearEpi ART), are sourced from JOYSBIO (Tianjin) Biotechnology Co, which Biolidics […]

SINGAPORE (THE BUSINESS TIMES) – Suntec Real Estate Investment Trust (Suntec Reit) posted on Tuesday (Jan 26) a 3.7 per cent fall in distribution per unit (DPU) to 2.261 cents for the fourth quarter compared with 2.347 cents for the year-ago period. Gross revenue also fell 12 per cent at $165.9 million for H2, compared […]

HONG KONG (BLOOMBERG) – Pony Ma got US$6.9 billion (S$9.2 billion) richer on Monday (Jan 25) after one of the companies his Tencent Holdings backs revealed its IPO plans, while Jack Ma’s public reappearance on Wednesday added US$1.6 billion to his net worth. Tencent and Alibaba Group Holding, along with food-delivery giant Meituan and carmaker […]

SEOUL (REUTERS) – South Korea’s economy grew at a faster-than-expected pace in the fourth quarter as it ended the coronavirus-stricken year solidly poised for a recovery in 2021 thanks to surging exports. Gross domestic product (GDP) grew a seasonally adjusted 1.1 per cent in the December quarter from the third quarter, the Bank of Korea […]

SINGAPORE (BLOOMBERG) – Singapore leaped three spots to reclaim its No. 3 rank in the 2020 Bloomberg Innovation Index, while economies across Asia-Pacific showed a mixed picture of progress. After a six-year streak at the top, South Korea was unseated from its best-in-world spot by Germany – but only just. Japan and New Zealand were […]

SYDNEY (REUTERS) – Asian shares were on the defensive on Monday (Jan 25) as rising Covid-19 cases and doubts over the ability of vaccine makers to supply the promised doses on time soured risk appetite. MSCI’s broadest index of Asia-Pacific shares outside Japan was barely changed at 718.72. The benchmark is below the record high […]