Singapore 

Ngee Ann City fall victim was American citizen, Singapore News

SINGAPORE – The United States Embassy has confirmed the death of an American citizen in Singapore, following a query from The Straits Times in relation to a man who died after falling several storeys in Ngee Ann City on Sunday (July 14). On Tuesday, embassy spokesman Cain Harrelson said: “We can confirm the death of a US citizen in Singapore. “When a US citizen dies abroad, the department provides all appropriate consular assistance to the family. Out of respect for the privacy of the family, we have no further comment at this time.”…

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Vietnam 

VN coffee exports plummet as robusta prices fall – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Exports of coffee in the first six months fell by around 20 per cent year-on-year. – VNA Photo Vũ Sinh HCM CITY — Việt Nam’s coffee exports dropped by around 20 per cent in the first half of the year. According to the Agricultural Products Processing and Market Development Department under the Ministry of Agriculture and Rural Development (MARD), coffee export value was worth US$1.6 billion in the first six months as most markets except the Philippines reduced purchases. Most countries are sitting on…

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Home 

When stock markets fall on good jobs data and easy money is the norm, we are in the midst of a Mad Hatter’s tea party

Alice was walking in Wonderland when the White Rabbit rushed by, glancing anxiously at his pocket watch. “Can’t stop to talk, got to pass on the bad news,” he gasped. “What bad news?” inquired Alice. “Haven’t you heard?” came back the response. “The employment data is even better than expected.” Surely you mean, said Alice, “worse” than expected if that is the bad news? “No,” snapped the White Rabbit, “the number of jobs is up and that’s bad news for the stock market.” But, protested a now… Source link

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Home 

Tencent, health care boost Hong Kong shares, while Chinese shares fall on swirling uncertainties

Meanwhile, the CSI 300 of large caps traded in Shanghai and Shenzhen slipped by 0.17 per cent to 3,786.74. Hong Kong saw rallies by two pharmaceuticals – CSPC Pharmaceutical and Sino Biopharmaceuticals – as traders looked to the sector for safety amid so many uncertainties. CSPC was up 4.1 per cent to HK$12.70 while Sino Biopharmaceuticals jumped 3.3 per cent to HK$8.72. They were the benchmark’s biggest percentage gainers of the day. Chinese carmaker Geely finally had a good day, rising 2.6 per cent to HK$12, after four straight days…

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Singapore 

Singapore women fall victim to DeepNude app, Singapore News

Using app to doctor photos of people to make them appear naked is a criminal offence similar to taking a nude photo, lawyers warn She posted an innocuous selfie on social media more than a year ago. Last week, her photo appeared on a sex forum with a startling difference – she is naked. Yesterday, the 27-year-old woman, who wanted to be known only as Rose, was aghast when The New Paper told her her photo had been doctored using artificial intelligence to show her in the nude. She is…

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Vietnam 

Taxes on imported cars from EU to fall to 0% – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Deputy Minister of Industry and Trade Trần Quốc Khánh at the press conference. — VNS Photo HÀ NỘI — The taxes on imported cars from Europe to Việt Nam will drop to zero per cent in the next nine to 10 years, creating new competitiveness in the automobile market. Deputy Minister of Industry and Trade, Trần Quốc Khánh made the statement at a press conference held in Hà Nội on Thursday. Việt Nam and the European Union officially signed the Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Việt Nam…

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Vietnam trade deficit widens in April as exports to the US fall short of imports from China

Vietnam’s imports from China are growing at a much faster rate than exports to the US, as manufacturers in the Southeast Asian country rely heavily on final-stage assembly or re-exports, tapping opportunities in the trade war between the world’s two largest economies, a study by Bank of America Merrill Lynch showed on Wednesday.“Vietnam’s net export position has deteriorated since the US-China trade war escalated. Exports to the US have risen, but these have more than been compensated by… Source link

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Hong Kong, China shares fall on trade worries, profit taking

Hong Kong and China markets lost ground Tuesday, as faith in a clear path to end the US-China trade war faded and new data gave further evidence of an economic slowdown on the mainland. Traders took profits.The Hang Seng Index on Wednesday reversed the previous day’s gains that came on the back of seeming progress between Donald Trump and Xi Jinping over the weekend. It closed down 0.1 per cent to 28,855.14.“After the recent rally, the market has already reflected improvement in the trade war,”… Source link

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Home 

Multinational firms fall in love with the flexibility offered by co-working spaces

Co-working operators may have initially imagined their clientele to consist of start-ups and small businesses. No one foresaw this would revolutionise real estate, and awaken a vast occupier base – multinational corporations.More than 40 per cent of co-working spaces are now occupied by MNC’s, doubling in the last two years. No surprise they are now the number one target for flexible workspace providers. The evolution of this sector is happening at such a rate that the design of committed space… Source link

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Property 

Hong Kong’s new business hub at Kai Tak may fall years late as developers turn skittish

The bold vision to transform the former Kai Tak airport site into a second major business hub in Kowloon East may have to be put on hold for a while, as confidence in the project has been dealt a blow after a local developer judged it too risky to proceed with the purchase of a HK$11.1 billion (US$1.42 billion) site, according to industry experts.The government may opt to defer the sale of some commercial sites at the city’s former airport by up to two years until sentiment improves, a delay……

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