Park Hotel Group ends management of Grand Park Orchard; Singapore portfolio shrinks to two
SINGAPORE - Park Hotel Group has terminated its management contract for Grand Park Orchard hotel, bringing the number of hotels...
Wealth
Evergrande denies bankruptcy rumours as protests break out in China
BEIJING (BLOOMBERG, AFP) - China Evergrande Group said on Monday (Sept 13) it is facing "unprecedented difficulties" but denied rumours...
More than 1 in 3 employers expect to hire more in Q4 but 37% plan to cut hiring: Survey
SINGAPORE - More than one in three employers - 35 per cent - surveyed in July expect to hire more in...
Wall Street bounces back as key data loom
NEW YORK (AFP) - US shares rebounded after a negative week, closing Monday's (Sept 13) session higher as investors await...
Phony Walmart news release on Litecoin tie-up likely crypto pump-and-dump scheme
NEW YORK (NYTIMES) - The news release went out at 9.30am Eastern time on Monday (Sept 13), just as the...
Grab Q2 loss widens to $1.09 billion, cuts full-year outlook on Covid-19 spread
SINGAPORE (THE BUSINESS TIMES) - Grab sank deeper into the red in its second quarter, even as revenue more than doubled. ...
Embattled China Evergrande warns of cross-default, liquidity crunch
HONG KONG (REUTERS) - Cash-strapped China Evergrande Group warned on Tuesday (Sept 14) of a risk of cross-default as property sales...
Japan’s new richest person builds $51.3 billion automation fortune
TOKYO (BLOOMBERG) - Mr Takemitsu Takizaki, the founder of electronic-sensor maker Keyence Corp, has overtaken Uniqlo billionaire Tadashi Yanai to...
Singapore business sentiment improves slightly for Q4 but construction, transportation stay gloomy: Survey
SINGAPORE - Local companies' business confidence improved further for the fourth quarter amid resilient demand and a positive outlook for...
China bubble tea chain Heytea taps UBS for $671 million Hong Kong IPO
HONG KONG (BLOOMBERG) - Heytea, the Chinese bubble tea maker, has tapped UBS Group for its potential Hong Kong initial...