SINGAPORE: About 3,800 companies closed down in April, comparable to the average of 3,700 recorded in the same month over the past five years, said Senior Minister of State for Trade and Industry Chee Hong Tat on Friday (Jun 5). However, business cessation could see an “uptick” in the coming […]
Day: June 4, 2020
NEW YORK: The combined wealth of America’s billionaires, including Amazon.com founder Jeff Bezos and Facebook CEO Mark Zuckerberg, jumped more than 19 per cent or by half a trillion since the onset of the COVID-19 pandemic in the United States, according to a report published by the Institute for Policy […]
SINGAPORE: Singapore should celebrate this year’s National Day Parade (NDP) even amid the difficulties brought about by the COVID-19 pandemic, “and indeed because more challenging times are ahead”, said Minister for Defence Ng Eng Hen in Parliament on Friday (Jun 5). Responding to parliamentary questions about NDP celebrations amid the […]
MINNEAPOLIS: Hundreds of mourners joined an emotional memorial service in Minneapolis on Thursday (Jun 4) for George Floyd, the black man killed by police last week, as civil rights leader Al Sharpton vowed mass protests will continue until “we change the whole system of justice” in the United States. Demonstrations, […]
LONDON: United Nations Secretary-General Antonio Guterres on Thursday (Jun 4) said a new vaccine against the coronavirus had to be available to everyone across the world, as an international conference got under way to raise funds for new life-saving treatments. The virtual meeting, hosted by Britain, aims to raise US$7.4 […]
WASHINGTON: The White House said on Thursday (Jun 4) that China’s “slaughter” of protesters in Tiananmen Square in 1989 has not been forgotten, urging Beijing to give its first accurate accounting of the bloodshed. “The Chinese Communist Party’s slaughter of unarmed Chinese civilians was a tragedy that will not be […]
LONDON: Luxury car manufacturer Bentley is cutting about 1,000 jobs in the United Kingdom amid the ongoing coronavirus outbreak. The cuts at the Volkswagen-owned brand are expected to be announced on Friday, according to the report. The carmaker is likely to offer workers the chance to take voluntary redundancy, the […]
WASHINGTON: The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said. On Thursday (Jun 4), China said it would ease coronavirus restrictions to allow in more foreign carriers, shortly […]
Hong Kong’s currency, pegged to the US dollar, provides considerable financial buffer, says an observer. CORK, Ireland: Increasing economic tensions between the US and China continue to threaten Hong Kong’s economy. China’s national security law will see greater controls over areas such as secessionist activities, terrorism and foreign interference. Similarly, […]
NEW YORK: New York nurses and doctors, hailed as heroes for fighting the coronavirus outbreak, are denouncing racial segregation in the public health system by joining the George Floyd protests. Wearing masks, hospital scrubs and other personal protective equipment like face visors, about a hundred-something medical workers briefly walked out […]