SINGAPORE: Singapore’s overall unemployment rate rose in the second quarter to its highest level in more than a decade, as retrenchments more than doubled and total employment declined amid the COVID-19 pandemic. The overall unemployment rate rose to 2.9 per cent from 2.4 per cent in the preceding quarter, while […]
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Watford’s owner and chief executive have said that while their efforts surrounding the team were not good enough this season, relegation from the Premier League should not erase the achievements of the last eight years. REUTERS: Watford’s owner and chief executive have said that while their efforts surrounding the team […]
LONDON: Formula One world champion Lewis Hamilton has said he was “misinterpreted” after sharing a post on social media that accused Bill Gates of lying about a coronavirus vaccine. Hamilton said he wanted to “clarify (his) thoughts” on the issue after the video posted to his 18.3 million Instagram followers […]
TOKYO: The WTA Pan Pacific Open in Japan, one of Asia’s top women’s tennis tournaments, has been scrapped for the first time because of the coronavirus, organisers said on Tuesday (Jul 28). The cancellation of the event, which was scheduled for November and was won by Japan’s Naomi Osaka last […]
Shares of Japan’s Mitsubishi Motors Corp plunged more than 10per cent to an all-time low on Tuesday after the automaker posted dismal sales in its key Southeast Asian market and forecast a huge loss for this financial year. TOKYO: Japan’s Mitsubishi Motors faced doubts about a quick recovery after posting […]
Remington Arms Co on Monday filed for Chapter 11 bankruptcy protection for the second time in two years as the U.S. gunmaker faced financial troubles partly because some retailers placed restrictions on gun sales after school shootings. REUTERS: Remington Arms Co on Monday filed for Chapter 11 bankruptcy protection for […]
Shares of Samsung Electronics rallied on Tuesday, joining its bigger rival TSMC, driven by growing expectations that the chipmakers may benefit from Intel Corp’s plan to outsource more chip manufacturing. SEOUL: Shares of Samsung Electronics rallied on Tuesday, joining its bigger rival TSMC, driven by growing expectations that the chipmakers […]
GENEVA: Bans on international travel cannot stay in place indefinitely, and countries are going to have to do more to reduce the spread of the novel coronavirus within their borders, the World Health Organization said on Monday (Jul 27). A surge of infections has prompted countries to reimpose some travel […]
TOKYO: The United States has awarded a US$265 million contract to a Texas facility of Japan’s Fujifilm Holdings to step up production of a coronavirus vaccine candidate, President Donald Trump said. Trump made the announcement on Monday (Jul 27), as he toured another Fujifilm facility in North Carolina. The order […]
SYDNEY: Australian police on Tuesday (Jul 28) detained at least one person and ordered about 50 others to disperse after they gathered in Sydney to go ahead with a Black Lives Matter protest despite an official ban because of the COVID-19 pandemic. The march, arranged to build on momentum from […]