MADRID (Reuters) – Investment giant Blackstone BX.N is offering a sweetener to buyers as it tries to speed up the sale of 8,400 properties in Spain in the teeth of the country’s deepest recession on record. Two Blackstone units, Aliseda and Anticipa, said on Tuesday they would reimburse buyers up to one tenth of the […]
SINGAPORE – United States business leaders in Singapore have expressed confidence in Singapore’s ability to seize opportunities and overcome the challenges of Covid-19 pandemic. They gave this affirmation, based on the Singapore Government’s strong political will and commitment, at a dialogue session with Minister for Trade and Industry Chan Chun Sing at a dialogue session […]
FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium August 21, 2020. REUTERS/Yves HermanAMSTERDAM (Reuters) – The European Commission is exploring using auctions to sell bonds as it prepares to ramp up debt issuance to finance the European Union’s post-pandemic recovery programmes, the EU Commissionner for Budget and Administration said […]
SINGAPORE – The Singapore Food Shows are moving to the virtual space this year due to the Covid-19 restrictions, and will be launching an e-shop on Oct 9. The online platform has already secured 30 vendors with over 500 food and beverage products, offering deals of up to 50 per cent off products such as […]
SINGAPORE (REUTERS) – China is in talks to have its locally-produced Covid-19 vaccines assessed by the World Health Organisation (WHO), as a step towards making them available for international use, a WHO official said on Tuesday (Oct 6). Hundreds of thousands of essential workers and other groups considered at high risk in China have been […]
SINGAPORE – Mr Leong Sze Hian may not have known that the allegations he shared were false, but he made no attempt to ascertain the truth either way, said Prime Minister Lee Hsien Loong, taking the witness stand in the second half of Tuesday’s defamation hearing. Responding to Mr Leong’s lawyer, Mr Lim Tean, who […]
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 2, 2020. REUTERS/Staff(Reuters) – European stocks were little changed on Tuesday as mixed corporate updates tempered optimism about fresh U.S. stimulus measures that bolstered Wall Street indexes overnight. The pan-European STOXX 600 .STOXX slipped 0.1% by […]
WASHINGTON (Reuters) – The world’s top central bankers have opened the taps with trillions of dollars in promised credit to prevent a global pandemic from causing a global economic depression.FILE PHOTO: Jerome H. Powell, Chairman, Board of Governors of the Federal Reserve System during the Senate’s Committee on Banking, Housing, and Urban Affairs hearing examining […]
SINGAPORE (STOMP) – The police said on Tuesday (Oct 6) that they are investigating an incident involving a student who was caught on camera repeatedly hitting his mother. Several contributors had alerted citizen journalism website Stomp to a TikTok video of the incident that has been making the rounds on social media. The video has […]
SINGAPORE – Prime Minister Lee Hsien Loong is in the High Court on Tuesday (Oct 6) for the start of a four-day hearing in his defamation suit against blogger and financial adviser Leong Sze Hian. PM Lee, who is represented by Senior Counsel Davinder Singh from Davinder Singh Chambers, will enter the witness box to […]