[ad_1] BEIJING (BLOOMBERG, AGENCE FRANCE-PRESSE) – China congratulated Joe Biden and Kamala Harris on winning the November 3 US presidential election, ending days of speculation about when Beijing would formally acknowledge victory. “We have been following the reaction in this US presidential election both within the United States and the …
Read More »Chan Chun Sing Says New Job Pass “is not about replacing locals”
[ad_1] – Advertising – Trade and Industry Minister Chan Chun Singh said yesterday (Nov 12) that the new specific job pass, Tech.Pass, will not displace local workers and is intended to strengthen Singapore. Tech.Pass, launched yesterday, aims to attract founders, leaders and technical experts with experience from established or fast-growing …
Read More »Chinese President Xi Jinping Decided To Stop Ant Group IPO: Report, Garage
[ad_1] [BEIJING] Chinese President Xi Jinping personally decided to cancel Ant Group’s $ 37 billion initial public offering (IPO), the Wall Street Journal reported on Thursday, citing Chinese officials with knowledge of the matter. The decision to stop what would have been the world’s largest IPO came days after the …
Read More »The opening of the new Punggol Coast MRT station will be delayed until 2024
[ad_1] SINGAPORE: The opening of a new MRT station that will serve the upcoming Punggol digital district was delayed by a year. The Punggol Coast Station on the Northeast Line was scheduled to open in 2023, but will now open a year later in 2024. Ad Ad Transport Minister Ong …
Read More »Punggol Coast MRT station ready by 2024, 40% of work completed, Transport News & Top Stories
[ad_1] SINGAPORE – The next Punggol Coast MRT station will be ready by 2024, with approximately 40 percent of construction work completed. Transport Minister Ong Ye Kung gave this update on Friday (November 13), in a ceremony to mark the completion of tunnel boring works from the existing Punggol Station …
Read More »Chinese President Xi Jinping decided to stop Ant’s IPO: WSJ
[ad_1] SHANGHAI: Chinese President Xi Jinping has personally decided to cancel Ant Group’s $ 37 billion initial public offering, the Wall Street Journal reported on Thursday (Nov 12), citing Chinese officials with knowledge of the matter. The decision to stop what would have been the world’s largest IPO came days …
Read More »Tech bounces from the US, stumbles from China; Oil surges
[ad_1] © Reuters. By Geoffrey Smith Investing.com – US tech stocks pick up some momentum, but China slips again after Beijing drafts tough new antitrust measures. Oil prices rebound on signs of strong US demand, but watch out for OPEC’s monthly report later. Here’s what you need to know in …
Read More »Comment: Ant Group will return, but their path may not be so easy
[ad_1] SINGAPORE: China’s Ant Group is in a strange situation. The fintech firm went in a matter of days from being on the cusp of the world’s largest initial public offering (IPO) to those plans that were thwarted by new regulations from its own government. This sudden development has not …
Read More »China’s tech selloff deepens to $ 203 billion after antitrust rules and actions
[ad_1] Wed, Nov 11, 2020 – 11:02 am [BEIJING] Chinese tech shares tumbled for a second day after Beijing cracked down on the internet industry, wiping out more than $ 200 billion of value. The Hang Seng Tech Index slumped 3.9 percent on Wednesday in Hong Kong, taking its two-day …
Read More »Trump Administration Says It Is Still Seeking A TikTok Resolution
[ad_1] – Advertising – President Donald Trump’s administration said Wednesday that it was still working to resolve its security concerns about the Chinese-owned app TikTok after the firm sought to delay a deadline to sell its US operations. Chinese company ByteDance has until Thursday to restructure ownership of the app …
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