Air travel to outside Asia to recover faster than within region
SINGAPORE (BLOOMBERG) - International air travel beyond Asia is expected to recover sooner than between countries within the region, given...
Business
Chinese firm buys Canadian mRNA vaccine rights in $670 million deal
BEIJING (BLOOMBERG) - Chinese biopharma firm Everest Medicines will license an mRNA Covid-19 vaccine from Canada's Providence Therapeutics Holdings as...
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...
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...