Singapore 

Manchester United fanboys in Singapore included one Lee Chong Wei, Singapore News

By now, English football giants Manchester United are back in Europe preparing for the new season kicking off on Aug 9. Not long ago, the team’s sporting idols were in Singapore thrilling local fans at the National Stadium and at sponsor events around the island. United played a friendly match with Italy’s Inter Milan on July 20 and did not forget to chronicle their time here on social media. One of the posts made for fans online is an all-access film that features pre- and post-match highlights, plus the actual…

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Home 

New Frontier agrees to buy China private hospital operator United Family Healthcare for US$1.44 billion

New Frontier Corp, the New York-listed investment arm affiliated with New Frontier Group, has agreed to buy United Family Healthcare for US$1.44 billion to create one of the biggest publicly traded health care service companies in China.New Frontier will buy the stake in United Family, one of the largest privately-held hospitals on the mainland from private equity firm TPG and Shanghai Fosun Pharmaceutical Group, according to a press release. New Frontier will use proceeds from its initial… Source link

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Singapore 

Manchester United remind Singapore again and again they beat us 8-1, Singapore News

Eighteen years ago, at the old National Stadium, Manchester United thrashed a Singapore selection team 8-1. Eighteen Julys on, United, arguably the most supported football club here, finally returned, although this time no Singaporean had to lace up his boots. Still, when they were in town during the weekend, some in the English team’s camp seemed unable to avoid mentioning that night in 2001. First, Simon Hoppe, the club’s Head of Travel and Financial Services Partnerships, recalled the scoreline while segueing into the point that two goals back then were…

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Money 

Why issue of forced technology transfer is so vital for China and the United States

Technology transfers, especially the allegedly forced ones, have continually been in the crosshairs of the trade disputes between the United States and China. One side has been saying forced transfers counteract intellectual property protection, infringing on the rights of the original owner. The other has maintained there is hardly any proof of involuntary transfers taking place.Technology transfer is of tremendous interest, since technology is the key to value creation and competitive… Source link

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Global 

US-China trade war impact on Japan limited but risks high if United States imposes new tariffs, analysts say

The US-China trade war has so far only had a limited impact on Japan’s lukewarm economic growth, but the affect is likely to grow if Washington imposes further sanctions on Chinese imports, Japanese analysts said.The downward pressure on Japanese growth over the last year, in fact, has been less to do with the trade war and more to do with declining global demand for smartphones, which has hit Japanese exports. The lingering effects of China’s deleveraging campaign to reduce debt and risky… Source link

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China 

China’s exports suffer surprise fall in April amid heightened trade war tensions with United States

China’s exports surprisingly shrank in April after a short-lived recovery as fears of an escalating trade war with the United States clouds the economic outlook for the world’s second largest economy.Exports fell 2.7 per cent last month compared with the same period in 2018, a sharp reversal from the 14.2 per cent rise in March.The decline was a surprise, with analysts having expected a 3 per cent increase in exports, according to a Bloomberg survey.Imports, an indication of domestic demand,… Source link

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Home 

Singapore investment holding firm United Industrial raises stake in Marina Centre for S$485 million

United Industrial Corporation, a subsidiary of UOL Group, is acquiring a further 24.27 per cent stake in indirect subsidiary Marina Centre Private Holdings (MCH) for S$485.3 million (US$358.86 million), to be paid in cash. It already owns a 53.07 per cent stake in MCH.The acquisition is being made through the purchase of shares from the following vendors – 10 per cent from OUE for S$200 million, 10.27 per cent from Finnegan Investments for S$205.3 million and 4 per cent from Mackmoor for US$80… Source link

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China 

United States sets sights on China in new electric vehicle push

US government officials plan to meet carmakers and lithium miners in Washington next month as part of an effort to launch a national electric vehicle supply chain strategy, according to sources familiar with the matter.While Volkswagen AG, Tesla and other electric-focused carmakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing… Source link

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Singapore 

Inter Milan, Juventus, Manchester United and Tottenham confirmed for ICC Singapore, Singapore News

SINGAPORE – English Premier League (EPL) giants Manchester United and Tottenham Hotspur, along with Italian Serie A’s top clubs Juventus and Inter Milan have been announced on Wednesday morning (March 27) as the teams playing in the International Champions Cup (ICC) in Singapore in July. The pre-season tournament for Europe’s top football clubs will be played in Singapore’s National Stadium. The Red Devils will take on Inter on July 20 and a day later, the Old Lady of Turin will meet Spurs. Legends from the clubs – Dwight Yorke (United),…

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China 

Hamburger and stir-fry diplomacy: how China and the United States showed goodwill in trade war talks

Trade talks in Washington last month were so intense that Chinese Vice-Premier Liu He and US Trade Representative Robert Lighthizer had to skip the usual formal lunch one day and dine in on takeaway, a Chinese official has revealed for the first time.Vice commerce minister Wang Shouwen, a member of the Chinese delegation, said on Saturday that both sides pressed on with the negotiations for four days – through the weekend, heavy snow and a US government shutdown.In a gesture of goodwill and… Source link

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