Ty Gibson, 20, of Greensboro, North Carolina, brushed off speculation last week on TikTok that his favorite video sharing platform was going to be banned. REUTERS: Ty Gibson, 20, of Greensboro, North Carolina, brushed off speculation last week on TikTok that his favorite video sharing platform was going to be […]
Business
SINGAPORE: Singapore’s grim gross domestic product (GDP) for the April to June period could see a slight upward revision when fuller data for the quarter is available, taking into account the resumption of some economic activities with the lifting of the “circuit breaker” in June, economists said. It will however […]
Delta Air Lines warned on Tuesday it will be more than two years before the industry sees a sustainable recovery from the “staggering” impact of the coronavirus pandemic, with demand largely tracking the curve of infections in different places. CHICAGO: Delta Air Lines scaled back the flights it planned to […]
HONG KONG: China has loosened coronavirus-related border restrictions between Macau and the neighbouring coastal province of Guangdong, sending shares of Macau casino operators surging on hopes of a quick pickup in demand. Guangdong authorities said late on Monday (Jul 13) that from Jul 15 visitors arriving from the world’s biggest […]
BEIJING: China will put sanctions on Lockheed Martin for involvement in the latest US arms sale to Chinese-claimed Taiwan, China said on Tuesday, adding tension to its troubled relationship with the United States. The US weapons maker is the main contractor for a US$620 million upgrade package for Taiwan’s Patriot […]
U.S. automaker Tesla Inc has met with officials from a district in the city of Chongqing in southwestern China to discuss “accelerating projects”, the Liangjiang New Area said on Tuesday. BEIJING: U.S. automaker Tesla Inc has met with officials from a district in the city of Chongqing in southwestern China […]
SINGAPORE: The National Trades Union Congress (NTUC) Central Committee stands in “unanimous” support for Mr Ng Chee Meng as the NTUC secretary-general, said NTUC president Mary Liew on Tuesday (Jul 14). In a media statement, Ms Liew said the results of the 2020 General Election had “brought to the fore” […]
SINGAPORE: Singapore’s economic recovery in the months ahead will be “challenging”, with the journey “slow and uneven”, said Trade and Industry Minister Chan Chun Sing on Tuesday (Jul 14). Mr Chan’s comments came after official advance estimates showed Singapore’s gross domestic product (GDP) contracted 41.2 per cent on a quarter-on-quarter […]
SINGAPORE: Singapore has entered a technical recession after its economy contracted 41.2 per cent in the second quarter from the previous three months, dragged down by weak external demand and COVID-19 “circuit breaker” measures. Several months of COVID-19 restrictions and workplace closures have battered Singapore’s construction, retail and tourism sectors, […]
SACRAMENTO: California’s governor on Monday (Jul 13) clamped new restrictions on businesses as coronavirus cases and hospitalizations soared, and the state’s two largest school districts, in Los Angeles and San Diego, said children would be made to stay home in August. Governor Gavin Newsom, a Democrat, ordered bars closed and […]