Tag Archives: Asia News

economy hires 12.6% year-over-year

An overview of the Marina Bay Sands, the ArtScience Museum, the Singapore Flyer and the Central Business District on June 19, 2020 in Singapore. Suhaimi Abdullah | fake pictures Singapore’s economy contracted 12.6% in the second quarter compared to the previous year, according to advance estimates from the Ministry of …

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Fraud at China’s Luckin Coffee is a warning to investors

Charles Zhengyao Lu, President and Founder of Luckin Coffee, and Jenny Qian Zhiya, CEO of Luckin Coffee, ringing the opening bell during the company’s Initial Public Offering (IPO) at Nasdaq in New York on May 17, 2019. Victor J. Blue | Bloomberg | fake pictures The Luckin Coffee fraud scandal …

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