Singapore 

Two stone cladding pieces fall from 10-storey building at Raffles Place, Singapore News

SINGAPORE – Two pieces of stone cladding fell from the facade of Bharat Building in Raffles Place on Wednesday (April 10), breaking part of the glass canopy that shelters the property’s entrance. The pieces fell from near the top of the 10-storey commercial building, which was built in 1990. The Building and Construction Authority (BCA) said it is investigating the incident and confirmed there were no reported injuries from it. The authority received a call from the police around 3.30pm about stone cladding that had fallen at 3 Raffles Place,…

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China 

China’s thermal coal imports ‘will fall 10-12 million tonnes in 2019’

China’s thermal coal imports will decline by between 10 million and 12 million tonnes in 2019, a leading industry analyst said on Tuesday, largely because of rising domestic output in the world’s top producer and consumer.The country’s coal output will increase from the second quarter of 2019, reducing its reliance on overseas supplies, Rodrigo Echeverri, head of hard commodities at trader Noble Group, told an industry conference in Shanghai.China is set to produce an additional 100 million… Source link

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Singapore 

60kg metal sheets fall 6 storeys, nearly hit passer-by at Changi building; BCA orders inspection, Singapore News

A woman was nearly hit by heavy metal sheets that dislodged from the roof of a Changi building on Thursday morning (April 4). In response to queries, the Building and Construction Authority (BCA) said it has ordered the building owner to carry out a detailed investigation. No injuries were reported and the structural integrity of the building is not affected, BCA added in its Saturday reply. BCA said that the incident, reported by Chinese-language daily Lianhe Zaobao, occurred at around 10am at 116 Changi Road. The address belongs to WIS @ Changi,…

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Singapore 

Storm causes tree to fall on HDB block, shattering windows, Singapore News

Heavy rain and strong winds early yesterday morning caused an eight-storey-tall tree to topple onto a Housing Board block in the Old Airport Road area. There were no injuries and the tree and debris have been removed. Mr Lim Biow Chuan, Member of Parliament for Mountbatten, told The New Paper that 10 units of Block 97 Jalan Dua were affected, mostly by windows getting smashed. They are on the third and eighth storeys of the 10-storey building. A 66-year-old resident living on the sixth storey, who wanted to be known…

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Singapore 

From Crazy Rich Asians to a poor man’s Bali: the rise and fall (and rise) of Sentosa Cove, Singapore’s ‘Monte Carlo’, Singapore News

In Singapore’s exclusive Sentosa Cove residential enclave – touted as “the world’s most desired address” – the Cape Royale development stands out as one of the tallest buildings on the man-made island. The luxury condominium was one of the latest additions to the prestigious waterfront haven, boasting unparalleled views of the South China Sea. It even landed a cameo in last year’s Hollywood box-office hit Crazy Rich Asians . Beneath that shiny facade, though, there is another reality: not a single one of the 302 units at Cape Royale has…

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Home 

Inside the rise and fall (and rise?) of crypto mining giant Bitmain

The world’s biggest cryptocurrency mining company is going through tough times. But a code change in bitcoin might come to the rescue, again.Beijing-based Bitmain Technologies on Tuesday called off its plan to go public in Hong Kong after its application lapsed after six months. The failure of what was billed as potentially the world’s largest crypto-related IPO adds to news of retrenchments. A new CEO has been appointed to replace the two main founders, who had previously shared the role.Hope… Source link

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Vietnam 

Pig supply could fall as African swine fever takes its toll – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Pig prices have gone up slightly in recent days in the south after falling for several weeks under the impact of African swine fever. In Đồng Nai yesterday they went up by VNĐ1,000 a kilogramme to VNĐ41,000, Trần Minh Hùng, a local pig farmer, said. This is a positive sign after several days of falling prices, he said. The news about the spread of the disease has worried the public and many people have opted for other foods instead, resulting…

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Vietnam 

Stocks fall, dragged down by blue chips – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese shares declined for a third session on Thursday as the market reversed quickly at the end of the trading session, dragged down by blue chips in the banking and energy sectors. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost 2.05 per cent to close at 981.78 points, finally falling below the 1,000-point level maintained during the last seven sessions. More than 200 million shares were exchanged on the southern bourse, worth VNĐ4.3 trillion (US$184 million). The…

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Vietnam 

VAMA reports sharpest month-on-month fall in automobile sales – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Automobile sales by firms in the Vietnam Automobile Manufacturer Association (VAMA) in February declined 61 per cent from the previous month, the sharpest month-on-month fall ever recorded. On Wednesday, the association reported its members sold just 13,143 vehicles in February. The sharpest drop was seen in sales of passenger cars (67 per cent to only 9,157 vehicles) followed by special-use vehicles (47 per cent to 176 vehicles) and commercial vehicles (34 per cent to 3,810 vehicles). Similar downturns were seen both in…

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Home 

Boeing shares fall for a second day as more countries ground 737 MAX 8 planes, knocking US$25 billion off market value

Boeing Co’s stock took another beating on Tuesday, knocking off more than US$25 billion from the aerospace manufacturer’s market value over the past two days, as more countries lined up to ground its 737 MAX 8 aircraft following Sunday’s deadly crash in Ethiopia.Britain joined China, Malaysia, Singapore, Australia and other countries in banning the 737 MAX planes, squeezing the shares, which had been one of best performing stocks so far this year on the Dow Jones Industrial Average. … Source link

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