India has started planning to distribute the Covid-19 vaccine whenever it is ready as the number of new cases continues on a downward trend. The …
Umno calls for ceasefire in PN, a week after threat to pull out
The biggest party in Malaysia’s Perikatan Nasional (PN) ruling coalition – Umno – yesterday called for a political ceasefire, about a week after it threatened …
Olympus to Support Endoscopic AI Diagnosis Education for Doctors in India and to Launch the AI Diagnostic Support Application
Participating in Ministry of Internal Affairs and Communications project: “Survey Study for International Expansion of AI Diagnosis Support System Using Ultra-High Magnifying Endoscopes in India” …
CDL Hospitality Trusts sells Brisbane hotel at slight premium, exiting market as challenges loom
SINGAPORE (THE BUSINESS TIMES) – CDL Hospitality Trusts (CDLHT) is selling its 4.5-star hotel Novotel Brisbane in Australia for A$67.9 million (S$66.4 million) to an …
Indonesia street protests reignite over disputed labour law
JAKARTA (BLOOMBERG) – Student groups across Indonesia resumed protests against a landmark labour law passed earlier this month that opponents say will erode workers’ rights …
CMT gets new name on Nov 3 after merger; CCT Q3 DPU falls 9% to 2 cents
SINGAPORE (THE BUSINESS TIMES) – The trust scheme for the merger of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT, along with an expanded …
Amazon extends work from home option till June
SEATTLE (REUTERS) – Amazon.com on Tuesday (Oct 20) told employees whose work can be done from home that they can do so until June, extending …
Snapchat parent’s revenue beat estimates on rebound in digital ad spending
NEW YORK (BLOOMBERG) – Shares of Snapchat parent Snap surged more than 20 per cent after the social-media company reported quarterly revenue and user growth …
Brazil police expand Car Wash probe to Petrobras trades of diesel, jet fuel in Asia and Europe
RIO DE JANEIRO (REUTERS) – Brazilian police expanded a long-running corruption probe at state-controlled oil company Petroleo Brasileiro or Petrobras based in part on secret …
Why Modi is still so popular even as India fails to fight coronavirus
NEW DELHI (BLOOMBERG) – India is battling one of the world’s highest coronavirus caseloads, its worst-ever economic slump, shuttered factories, farmer protests and the deadliest …
China defends giving experimental Covid-19 vaccines to thousands
BEIJING (BLOOMBERG) – China said giving coronavirus vaccines still being tested to hundreds of thousands of people outside of clinical trials is justified given the …
Buick Electra Electric Crossover Concept Makes Global Premiere
SHANGHAI, Oct 16, 2020 – The Buick Electra concept vehicle made its global premiere in Shanghai. The all-electric crossover offers a sneak peek at Buick’s vision for …
Mapletree Logistics Trust in $1.09b acquisition spree for properties across China, Malaysia and Vietnam
SINGAPORE (THE BUSINESS TIMES) – Mapletree Logistics Trust (MLT) announced on Monday (Oct 19) that it is seeking to acquire nine logistics properties in China, …
Ant Group ‘has China nod for Hong Kong leg of $48b dual listing’
HONG KONG • Investor Jack Ma’s Ant Group has won key approval from the China Securities Regulatory Commission (CSRC) for its listing in Hong Kong, …
Singapore shares rally on hope of US stimulus
Most key regional share markets rallied yesterday on the back of optimism that a new United States stimulus package would be passed before the Nov …
Dyson sells Singapore luxury penthouse for $62m
British billionaire inventor James Dyson is selling his luxurious Singapore penthouse atop the city state’s tallest building, his company said yesterday, about a year after …
SingPost to buy 38% stake in Australian logistics firm
Singapore Post is looking to buy a 38 per cent stake in an Australian logistics firm for A$85 million (S$82 million) in cash. It signed …
Prospect for Singapore semiconductor industry very bright, says Chan Chun Sing
SINGAPORE – Singapore’s electronics sector in general and the semiconductor industry in particular have outperformed other segments of the economy and they are likely to …
Alibaba to take control of Sun Art, one of China’s largest hypermart chains
BEIJING (BLOOMBERG) – Alibaba Group Holding will invest about US$3.6 billion to double its stake in Sun Art Retail Group, taking control of one of …
Biolidics issues letter of demand to biochip partner Sysmex over alleged IP deal breaches
SINGAPORE (THE BUSINESS TIMES) – A Catalist-listed medtech firm that made strong gains this year as investors hunt for tech exposure, has now claimed that …