Singapore 

White smoke from train at Buona Vista Station due to air-con refrigerant leak: SMRT, Singapore News

SINGAPORE – White smoke that was seen wafting out from a train at Buona Vista Station on Wednesday morning (March 20) was due to an air-conditioner refrigerant leak, said SMRT. In a Facebook post late Wednesday night, the public transport operator said that the MRT train was travelling along the East-West Line in the direction of Pasir Ris. When the incident happened at around 7.45am, all commuters on the train were asked to alight and board the next train, as a safety precaution. “The train was immediately withdrawn for further…

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Home 

London's creative professionals are heading west to White City

[Sponsored Article] The former home of BBC Television in London, White City is earning a new reputation as a world-leading center for education, media, science and technology. £8 billion (HKD 82.6bn) in public and private investment is funding a spate of new developments and creating around 20,000 new jobs within the next five years, along with 6,000 new homes to meet the high demand from the influx of creative professionals to the area. In the past, creative development in London has… Source link

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Singapore 

House tour: White and wood fills this HDB home on Havelock Road, Singapore News

If a white-and-wood palette is what you’re looking for in your home, this 1,380sqf HDB apartment at Havelock Road is a good design inspiration for you. Designed by Mark Chen of Artistroom, homeowners Benjamin Chia and Adelle Tay’s home is bright and spacious. Even in the kitchen, they chose to incorporate lots of cabinetry in white. The kitchen counter and working area are clad in black finishes, making the space look so seamless you wouldn’t even realise the induction hob and hood have been installed right next to the oven.…

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Investment 

Potential white knight waiting in the wings as private sector bond defaulter struggles to restructure debt

China Singyes Solar Technologies Holdings, whose shares fell as much as 72 per cent in Hong Kong last week after a three-month trading suspension, is in talks with at least three potential buyers for its assets. The Zhuhai, Guangdong-based solar farm operator had defaulted on a one-year, US$160 million offshore bond in October and is in danger of defaulting on another two-year, US$260 million offshore bond due next month. China Singyes plunges, highlighting cash flow woes of China’s private companies and solar industry “Since news of our default broke, many…

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Home 

White House said to mull new year executive order to bar Huawei, ZTE purchases

President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar US companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with the situation told Reuters.  It would be the latest step by the Trump administration to cut Huawei Technologies and ZTE Corp, two of China’s biggest network equipment companies, out of the US market. The United States alleges that the two companies work at the behest of the Chinese government and that their equipment could…

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Home 

Asia stocks rally after White House says Fed chief’s job is safe and US equities stage history-making surge

Asian shares shot up on Thursday after the White House calmed jittery markets by voicing support for the US Federal Reserve chairman and US stocks surged in their largest post-Christmas rally ever. Kevin Hassett, chairman of the White House Council of Economic Advisers, said on Wednesday that Federal Reserve Chairman Jerome Powell’s job is “100 per cent” safe, according to media reports. Earlier reports had said President Donald Trump wanted to fire Powell, blaming his interest rate increases for a recent ugly downturn on Wall Street. Concern had grown that…

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Money 

There is a ceasefire in the US-China trade war. So who waved the white flag first?

Who really waved the white flag first in the ceasefire of the US-China trade war? US President Donald Trump would never admit the funk he is in, but has more reason than Chinese President Xi Jinping to be scared of the ending of the war he started. Bluster and bravado aside, the truce suggests a growing awareness within the Trump camp of the need to reach a deal with China – and soon! There is real cause for alarm, and that is the ticking bomb at the heart of the…

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China 

Xi Jinping ‘bolstered Chinese commitments’ to US by taking lead role in trade talks, says White House aide Larry Kudlow

Chinese President Xi Jinping “made the pitch himself” in Saturday’s dinner with Donald Trump that ended with a truce in the trade war with the US, according to White House economic adviser Larry Kudlow. Kudlow told reporters outside the White House on Monday that it was unusual to see government leaders taking such a hands-on role in this type of negotiation. “We’ve never seen that hands-on participation by President Xi before. In fact, that dinner was quite remarkable,” Kudlow said. “President Xi engaged in a level of detail – you…

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Global 

White House trade adviser Peter Navarro ‘excluded from Xi Jinping-Donald Trump dinner’

Peter Navarro, the controversial White House trade policy adviser and a famous China hawk, will not be on the guest list when US President Donald Trump meets his Chinese counterpart Xi Jinping in Buenos Aires on December 1, according to a source with knowledge of the matter. “Navarro will not attend the summit,” the person told the South China Morning Post on condition of anonymity. The source added that Beijing and Washington were still in the process of finalising the list of advisers taking part in the key diplomatic event…

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Home 

Bitcoin turns 10: how everything started with Satoshi Nakamoto’s 9-page white paper

Bitcoin, the world’s first and biggest cryptocurrency, is 10 years old today. It has been a long journey from an abstract concept in a pseudonymous inventor’s 9-page white paper to a US$200 billion economy, with 2,000 types of cryptocurrencies, 15,000 exchanges, and the potential to overthrow the financial industry and beyond. Here’s all you need to know about bitcoin. How does bitcoin work?  It all started with a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” written by an unknown person or group of people using the name Satoshi…

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