[ad_1] SINGAPORE – The operator of the embattled Jurong West Hawker Center, previously reported to only have half of its positions open for business, does not renew its contract that expires in August, citing mediocre results. Hawker Management, a subsidiary of the Koufu Group, said in a statement that the …
Read More »Oil spurt lifts stocks out of three-day losing streak
[ad_1] LONDON (Reuters) – Stock markets snapped a three-day losing streak on Tuesday and oil was on its longest run of gains in nine months as moves to ease major economies out of their coronavirus lockdowns lifted sentiment. FILE PHOTO: People are seen on a pedestrian overpass with an electronic …
Read More »Oil and stocks buoyed by cautious easing of lockdowns
[ad_1] US oil prices rose for a fifth straight day and global stocks pushed higher as the cautious reopening of economies helped buoy markets. Countries such as Spain, Italy and India have tentatively eased lockdown measures this week, allowing some businesses to reopen. California, the most populous US state, is …
Read More »Singapore retail sales fell 13.3% in March, but supermarkets slow trend
[ad_1] SINGAPORE: Retail sales in almost all categories plummeted in March, but some sectors remained unscathed, especially supermarkets and hypermarkets. Figures released by the Department of Statistics (SingStat) on Tuesday (May 5) showed that overall retail sales in March decreased by 13.3 percent, compared to the same period last year. …
Read More »Publicis goes fishing | Advertising
[ad_1] With most agencies and brands operating at reduced capacity, and the effects of COVID-19 dominating business news, there’s currently not much interest in our glorious advertising world. The trades are quickly running out of idiot ‘What will marketing look like after the pandemic?’ And self-promoting CEOs have composed almost …
Read More »Remdesivir of the Ebola drug is used to treat patients with COVID-19 in Singapore as part of clinical trials
[ad_1] SINGAPORE: Doctors in Singapore are using remdesivir, a medication originally created to combat Ebola, to treat patients with COVID-19 here as part of clinical trials. Dr. Shawn Vasoo, clinical director of the National Center for Infectious Diseases (NCID), told CNA that “there are no proven therapies” for coronavirus, and …
Read More »Commentary: It is time central banks and governments shoot for negative interest rates
[ad_1] CAMBRIDGE, MASSACHUSETTS: For those who viewed negative interest rates as a bridge too far for central banks, it might be time to think again. Right now, in the United States, the Federal Reserve – supported both implicitly and explicitly by the Treasury – is on track to backstop virtually …
Read More »Asia’s stock falls when Trump revives fears of a trade war between the United States and China; STI closes 2.3%, News and news from companies and markets
[ad_1] HONG KONG (AFP, REUTERS) – Asian markets suffered heavy losses on Monday (May 4), following a sell-off in New York after Donald Trump raised fears of a renewed trade war with China over his role in the pandemic. of coronavirus. The affirmations of the president and secretary of State …
Read More »Malaysia criticizes WHO advice against palm oil during COVID-19 outbreak
[ad_1] KUALA LUMPUR: Malaysia criticized the World Health Organization on Monday (May 4) for recommending that adults avoid palm oil in their diet during the COVID-19 outbreak and that they use alternatives such as olive oil. The WHO Regional Office for the Eastern Mediterranean said in a recent advisory that …
Read More »Look out Alibaba, JD.com is expanding its cloud and AI presence
[ad_1] JD.com (NASDAQ: JD), China’s largest direct retailer and the second-largest e-commerce company, recently partnered with Cloud flame (NYSE: NET) to strengthen your AI and cloud business. Cloudflare, which secures Internet traffic between clients and servers, entered the Chinese market in 2015 and currently operates in more than 90 countries …
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