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No Signboard snags rescue funding ahead of moratorium hearing

By administrator May 26, 2022

The Straits Times Business News May 26, 2022 8:14 AMSINGAPORE (THE BUSINESS TIMES) – Ahead of its moratorium hearings on Thursday (May 26), No Signboard Holdings announced a lifeline by an unnamed investor who has agreed to invest up to $5 million into the debt-ridden restaurant operator. Go to Source May 26, 2022 – 3:11 […]Continue reading

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Incoming directors should ‘step aside’ until Hwa Hong’s review is done: Sias

By administrator May 25, 2022

The Straits Times Business News May 25, 2022 6:03 PMSINGAPORE (THE BUSINESS TIMES) – The Securities Investors Association (Singapore) has voiced concerns over recent developments at the Ong family-controlled property player Hwa Hong Corporation. Go to Source May 25, 2022 – 3:02 pm / Twitter: @hoffeldtcom

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S’pore services exports to continue growth in 2022 amid fewer border restrictions, higher demand

By administrator May 25, 2022

The Straits Times Business News May 25, 2022 11:46 AMSINGAPORE – The Republic’s services exports are expected to continue expanding this year amid easing of border restrictions and higher global demand in line with post-pandemic recovery. Go to Source May 25, 2022 – 6:02 am / Twitter: @hoffeldtcom

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S’pore raises 2022 trade forecasts after Q1 outperforms on higher oil prices, strong chip demand

By administrator May 25, 2022

The Straits Times Business News May 25, 2022 8:05 AMHigher oil prices drove Singapore’s oil trade in the first trade. Go to Source May 25, 2022 – 3:04 am / Twitter: @hoffeldtcom

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S&P 500, Nasdaq slide as weak economic data, dire outlooks stoke recession fears

By administrator May 25, 2022

The Straits Times Business News May 25, 2022 5:18 AMAll three major US stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Go to Source May 25, 2022 – 12:02 am / Twitter: @hoffeldtcom

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MAS and Swiss government body to promote data connectivity for financial services

By administrator May 24, 2022

The Straits Times Business News May 24, 2022 7:45 PMSINGAPORE (THE BUSINESS TIMES) – The Monetary Authority of Singapore (MAS) and the Swiss State Secretariat for International Finance (SIF) have issued a joint statement about their plan to promote data connectivity for financial services. Go to Source May 24, 2022 – 3:04 pm / Twitter: […]Continue reading

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CDL sees home sales drop 41% in Q1, expects market to firm up

By administrator May 24, 2022

The Straits Times Business News May 24, 2022 7:40 PMSINGAPORE (THE BUSINESS TIMES) – City Developments on Tuesday (May 24) posted a 41 per cent year-on-year drop in homes sold for the three months ended Mar 31, the first full quarter since cooling measures were implemented in December last year. Go to Source May 24, […]Continue reading

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To use rather than collect, the second coming of NFTs

By administrator May 24, 2022

The Straits Times Business News May 24, 2022 10:39 AMEarly adopters see a future for them as uniquely useful tools for business, health and the arts that go beyond mere digital collecting. Go to Source May 24, 2022 – 6:02 am / Twitter: @hoffeldtcom

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Pandemic-driven trade boom is fading, say Asia manufacturers

By administrator May 24, 2022

The Straits Times Business News May 24, 2022 9:56 AMClothing companies and gadget-makers seeing early signs of cooling demand from global customers  Go to Source May 24, 2022 – 6:02 am / Twitter: @hoffeldtcom

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Zoom raises full-year profit view on strong enterprise demand

By administrator May 24, 2022

The Straits Times Business News May 24, 2022 7:27 AMBENGALURU (REUTERS) – Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses in a hybrid work environment, sending shares of the company up 15 per cent in extended trading. Go to Source May 24, 2022 – […]Continue reading

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