TOKYO (Reuters) – Japanese bank lending rose at the fastest annual pace on record in May as cash-strapped companies tapped loans to meet immediate funding needs to survive slumping sales from the coronavirus pandemic, central bank data showed on Monday. The data suggests a raft of measures the government and the central bank took to […]
Good morning! Here are our top stories to kick-start your Monday, June 8. PM Lee tells Singaporeans ‘do not fear’, despite huge challenges ahead PM Lee spells out how Singapore can emerge stronger from the ‘crisis of a generation’. READ MORE HERE Mustafa Centre, Tampines Mall and Geylang Serai market added to list of places […]
Listening to Goh Choon Phong, one can’t help but catch a hint of weariness and wariness in his voice as he describes plans to get his planes back in the skies and claw back the markets that his company has lost amid the Covid-19 coronavirus pandemic. “We don’t know what is ahead of us in […]
The world is headed for its greatest economic crisis since the Great Depression, and Singapore will likely see its sharpest contraction since independence. Businesses are concerned about their survival, workers about holding on to their jobs, and families about making ends meet. Anxiety is on the rise, and may give rise to fear and anger. […]
Good evening! Catch up on some of the main headlines on Sunday, June 7. Stronger S’pore can emerge from humanity’s ‘most dangerous crisis’, says PM Lee on Covid-19 pandemic PM Lee speaks on “overcoming the crisis of a generation” | Post-Covid-19 Singapore PM Lee outlined the breadth of the challenge that Singapore faced and how […]
NEW DELHI – A joke is doing the rounds of Bollywood these days. It is about how filmmakers will have to revert to old demure means of portraying physical intimacy on screen – such as two flowers brushing against each other to indicate kissing, a tactic that was used decades ago. Cutting out scenes of […]
SINGAPORE – World Environment Day is celebrated on June 5 every year, and Singapore marked the occasion last Friday (June 5) with a rare sighting: a colony of large flying foxes soaring over the Central Catchment Nature Reserve. The last time these bats were seen in Singapore was more than four years ago, with six sighted […]
BEIJING (BLOOMBERG) – China lambasted suggestions that it hid information about the coronavirus outbreak, saying in a newly published white paper that it has acted transparently and informed the world of developments in a timely manner. “Some foreign politicians and media have presumed guilt for the origin of the virus, put labels on the virus […]
SINGAPORE – Singapore’s biggest defence technology firm ST Engineering on Sunday (June 7) said its IT network in Singapore and its other businesses have not been compromised by a cyberattack on its US subsidiary. The ransomware attack on the subsidiary, VT San Antonio Aerospace, led to the leakage of data, including contract details with various […]
NEW DELHI (AFP) – India and China have agreed to “peacefully resolve” a latest border flare-up that has heightened tensions between the nuclear-armed neighbours, New Delhi said on Sunday (June 7), after a high-level meeting between army commanders. Tensions have flared in recent weeks between the two regional powers over their 3,500km frontier, which has […]