SYDNEY (REUTERS) – Australia’s most populous state reported its biggest one-day rise in novel coronavirus infections in more than a month on Thursday as a growing cluster threatens to slow the easing of restrictions. New South Wales (NSW) said it has detected 12 infections over the previous 24 hours, the biggest one-day jump since Sept […]
TOKYO (BLOOMBERG) – Japanese Prime Minister Yoshihide Suga could call a general election either at the beginning of 2021, or after the Tokyo Olympics and Paralympics end in early September, according to a key political strategist. Mr Suga sparked renewed speculation about a swift vote by picking campaign consultant Hiroshi Miura, who specialises in election […]
SINGAPORE – A guide on how meetings, incentives, conventions and exhibitions (Mice) events can be held safely amid the coronavirus pandemic has been rolled out to help organisers as business events are gradually allowed to resume. The first edition of the Event Industry Resilience Roadmap, unveiled on Thursday (Oct 8), also includes information on the […]
SINGAPORE – Local food manufacturer Whye Kee Foodstuff has been fined $17,700 for illegal discharge of trade effluent, or liquid waste created by businesses, into public sewers on multiple occasions. The company was fined $14,400 for similar offences in May last year. Whye Kee’s offences this year were discovered by the Public Utilities Board (PUB) […]
When Mr Joko Widodo was re-elected as Indonesia’s president last year, his dream was to transform the country into one that would have an annual per capita income of 320 million rupiah (S$29,500) and a gross domestic product of US$7 trillion (S$9.5 trillion) by 2045. He introduced then the concept of an “omnibus law” – […]
FILE PHOTO: Skyscrapers in The City of London financial district are seen at sunrise in London, Britain, September 14, 2020. REUTERS/Hannah McKay/File PhotoLONDON (Reuters) – Financial services firms in Britain turned more optimistic for the first time this year as a drop in business bottomed out, but big uncertainties remained about COVID-19 and a post-Brexit […]
(Reuters) – U.S. Federal Reserve policymakers split over how to apply a new strategy for monetary policy at their September meeting, and, amid growing doubts about the path of the economy, offered no clear sense of their next steps to offset the coronavirus recession.FILE PHOTO: The Federal Reserve building is set against a blue sky, […]
FILE PHOTO: A residential building construction site is seen, amid the outbreak of the coronavirus disease (COVID-19), in Detroit, Michigan, U.S., April 28, 2020. REUTERS/Rebecca CookNEW YORK (Reuters) – African Americans still pay more than any other group to own a home, a disparity that over 30 years contributes to roughly half the current $130,000 […]
SINGAPORE (REUTERS) – The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters. The warning from Malaysia Aviation Group (MAG), the holding company for the […]
FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) participates in a news conference at the U.S. Capitol in Washington, U.S. October 1, 2020. REUTERS/Erin ScottWASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi on Wednesday criticized President Donald Trump for abruptly ending negotiations for further COVID-19 aid talks on Tuesday, and brushed aside the possibility of […]