[ad_1] SINGAPORE: Hyflux Ltd., in its third year of a debt restructuring process, supports a plan proposed by Strategic Growth Investments LLC to acquire and privatize the Singapore-based water treatment company in a transaction that includes an injection of cash of 208 million Singaporean dollars ($ 154 million). The firm …
Read More »Biden is likely to break barriers and elect a woman to lead the Pentagon
[ad_1] WASHINGTON: President-elect Joe Biden is expected to take a historic step and select a woman to head the Pentagon for the first time, breaking one of the few remaining barriers for women in the department and the presidential cabinet. Michele Flournoy, a politically moderate Pentagon veteran, is viewed by …
Read More »State control of China’s economy grows with 50 clandestine acquisitions
[ad_1] SHANGHAI – The suspension of Ant Group’s long-awaited stock market debut, allegedly at the behest of President Xi Jinping, is just one sign of the Chinese government’s growing dominance over private sector companies. The Chinese government, state-owned companies or state-backed funds have taken de facto control of 51 companies …
Read More »Comment: China will bet heavily on clean energy to achieve carbon neutrality
[ad_1] COLOGNE: In a speech to the UN General Assembly in September, Chinese President Xi Jinping made the world’s largest climate commitment to date by stating that China would become carbon neutral by 2060. The importance of this declaration for the global fight against climate change cannot be underestimated. Ad …
Read More »China’s Xi Jinping personally halted Ant’s record $ 37 billion IPO after Chief Jack Ma snubbed government leaders, report says
[ad_1] Ted S. Warren-Pool / Getty Images Chinese President Xi Jinping halted Ant Group’s historic $ 37 billion initial public offering after its founder, Jack Ma, criticized government leaders, The Wall Street Journal reported. A week before the Chinese fintech went public, Ma made inflammatory remarks that were not well …
Read More »Asean Summit: Prime Minister Lee Highlights Need for Deepening Economic Cooperation, Connectivity in the Region, Political News and Highlights
[ad_1] SINGAPORE – ASEAN countries and their key partners must deepen economic cooperation and maintain connectivity to recover from the Covid-19 pandemic, Prime Minister Lee Hsien Loong said on Thursday (November 12). He added that the conclusion of the Regional Comprehensive Economic Partnership (RCEP) trade agreement, which is expected to …
Read More »China congratulates Biden and Harris on elections
[ad_1] BEIJING (Reuters) – China on Friday congratulated U.S. President-elect Joe Biden, who won a Nov.3 election that President Donald Trump did not grant, nearly a week after the former vice president won enough states for victory. “We respect the choice of the American people. We extend our congratulations to …
Read More »COVID-19: Fauci does not advise Biden, sees no reason to quit Trump now
[ad_1] CHICAGO: Dr. Anthony Fauci, America’s leading infectious disease expert, said he has had no contact with President-elect Joe Biden’s COVID-19 transition team and sees no reason to resign and join that. effort when there is so much to do now to fight. the growing pandemic. “I stay in my …
Read More »China Under Pressure to Reveal Covid-19 Vaccine Data After Pfizer’s Success, East Asia News & Top Stories
[ad_1] BEIJING (BLOOMBERG) – Western politicians have blamed China for initial delays in providing information as the coronavirus spreads around the world. Now that Beijing is developing a vaccine, the need for transparency is critical to rebuilding trust. American pharmaceutical company Pfizer Inc and German biotechnology firm BioNTech SE announced …
Read More »UOB staff to go to work from home two days a week, Companies and Markets
[ad_1] Friday, November 13, 2020 – 2:23 pm UPDATED Fri, Nov 13, 2020 – 6:53 pm In a move to boost mental well-being, the majority of UOB’s 26,000-strong workforce will have the option to work remotely two days a week once Covid-19 restrictions are lifted, the bank announced Friday. . …
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