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Asia One - Bussiness

  • FWD to exit group medical insurance business here
    Asian insurer FWD Group is exiting its group medical insurance business in Singapore, less than four years after setting up shop here.The company - owned by Mr Richard Li, a son of Hong Kong tycoon Li Ka-shing - said it will wind down its employee…
    - 1 day ago 5 Dec 19, 7:02am -
  • Expedia CEO, CFO sent packing after clash over strategy with board
    SAN FRANCISCO - Expedia Group's chief executive officer Mark Okerstrom and finance head Alan Pickerill have resigned with immediate effect following a disagreement with the online travel company's board over its business outlook, chairman Barry Dill…
    - 1 day ago 5 Dec 19, 1:40am -
  • Sasa to close all 22 cosmetics retail shops in Singapore, 170 staff affected
    SINGAPORE - All 22 Sasa International shops in Singapore will be shut down, the cosmetics retailer announced on Monday (Dec 2), in a move that is likely to affect about 170 workers.It said its decision came after its stores here recorded losses for…
    - 3 days ago 3 Dec 19, 12:37am -
  • mm2 announces launch of video streaming service mPlay Asia
    Singapore's leading media entertainment and content company mm2 Entertainment (a wholly owned subsidiary of mm2 Asia Ltd) is announcing its latest venture into content streaming services with the launch of mPlay Asia.mPlay Asia is a free-to-use vid…
    - 9 days ago 27 Nov 19, 2:07am -
  • PayPal halts payment support to PornHub models
    PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the permission of the payment processor."Following a review, we have discovered tha…
    - 21 days ago 15 Nov 19, 7:24am -
  • Vividthree Holdings posts higher year-on-year revenue and profit for 2QFY2020
    Vividthree Holdings Ltd. (SGX: OMK), a virtual reality, visual effects and computer-generated imagery production studio ("Vividthree", the "Company" or the "Group") today announced its financial results for the second quarter ended 30 September 2019…
    - 25 days ago 11 Nov 19, 9:54am -
  • How to 'live and play safely', according to cybersecurity expert
    Speedy, unpredictable and headline-grabbing? Sounds like Lewis Hamilton behind the wheel in Formula 1?Not quite.As Darric Hor puts it, cybersecurity is just as fast-paced and just as fraught with changes and dangers."This industry is in a fast-…
    - 25 days ago 11 Nov 19, 1:00am -
  • Vividthree enters into MOU with Malaysia Institute of Economic Research and Science Discoveries Sdn Bhd
    Vividthree Holdings Ltd. (SGX: OMK), a virtual reality, visual effects and computer-generated imagery production studio (“Vividthree”, the “Company” or the “Group”) is delighted to announce that it has entered into a Memorandum of Underst…
    - 29 days ago 7 Nov 19, 10:15am -
  • After 30 years in Singapore, rogue trader losses force Mitsubishi to shut Petro-Diamond
    SINGAPORE/TOKYO - About three years ago, Japanese oil trading firm Petro-Diamond Singapore (PDS) relocated to a bigger office in the 41-storey Millenia Tower as parent Mitsubishi Corp started combining its Tokyo trade operation with that in the city…
    - 29 days ago 7 Nov 19, 1:54am -
  • Google takes on wearables giants with US$2.1b Fitbit deal
    NEW YORK - Alphabet-owned Google will buy fitness tracker pioneer Fitbit for US$2.1 billion (S$2.8 billion), as the search giant looks to take on Apple and Samsung in the fast-growing market for wearable devices.Google said on Friday (Nov 1) that…
    - 34 days ago 2 Nov 19, 6:07am -

Strait Times - Business

  • nieuwPound hits 7-month high against US dollar on election hopes
    December 06, 2019 5:00 AMLONDON • The pound surged above US$1.31 and hit its highest level in about 2½ years against the euro on Wednesday, lifted by growing expectations that Britain will avoid a hung Parliament after next week's election and a b…
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwExpedia CEO, finance head quit after clash with board
    December 06, 2019 5:00 AMSAN FRANCISCO • Expedia Group's chief executive officer Mark Okerstrom and finance head Alan Pickerill have resigned with immediate effect following a disagreement with the online travel company's board over its business ou…
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwSingtel veteran Allen Lew to take on new roles
    December 06, 2019 5:00 AMTelco veteran Allen Lew, who is currently chief executive of Singtel's Australian subsidiary Optus, is moving next year to the newly created roles of CEO for group strategy and business development and country chief officer o…
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwS'pore Reit aims to reopen HK mall in Q1 next year
    December 06, 2019 5:00 AMMapletree North Asia Commercial Trust said it hopes to soon reopen the Festival Walk mall in Hong Kong that was damaged during widespread protests.
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwKampong Bugis and River Valley sites up for application: URA
    December 06, 2019 5:00 AMThe Urban Redevelopment Authority (URA) has made available for application a white site in Kampong Bugis and a hotel site in River Valley Road on the Government's reserve list.
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwSTI up on hopes of fresh US-China trade deal
    December 06, 2019 5:00 AMAsian equity markets were in a cheery mood after reports indicated that the final details of the United States-China "phase one" trade deal could be ironed out later this month.
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwCentre supporting heartland businesses to expand reach
    December 06, 2019 5:00 AMThe move to revitalise the heartland retail scene is well under way, with ambitious plans by Heartland Enterprise Centre Singapore (HECS) to upgrade businesses and workers next year.
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwHow Sasa lost its shine amid fierce competition
    December 06, 2019 5:00 AMTo some beauty lovers here, pink and white has become a garish combination to steer clear of in malls. But Sasa was not always poised to fail in Singapore.
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwRebound hopes dim as German factory orders fall
    December 06, 2019 5:00 AMFRANKFURT • German factory orders unexpectedly fell, suggesting Europe's largest economy is still struggling to overcome a manufacturing slump and fend off recession.
    - 14 hours ago 5 Dec 19, 9:00pm -
  • nieuwS. Korean tycoon's wife wants $1.6b in divorce settlement
    December 06, 2019 5:00 AMA new female billionaire could emerge from what may turn out to be one of Asia's biggest divorce settlements.
    - 14 hours ago 5 Dec 19, 9:00pm -


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