Are global oil markets heading for a bust as China optimism fizzles?

Are global oil markets heading for a bust as China optimism fizzles?

The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images SINGAPORE — As the world’s oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody’s mind. China, the … Read more

Alibaba’s Taobao launches AI-powered English version in Singapore

Alibaba’s Taobao launches AI-powered English version in Singapore

The logo of Alibaba’s e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. Reuters | Florence Lo Singapore — Chinese e-commerce giant Alibaba‘s Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to … Read more

Deep vein thrombosis while flying — who gets it and how to prevent it

Deep vein thrombosis while flying — who gets it and how to prevent it

Experts call it “economy class syndrome” — but it can happen to anyone in any class of an airplane. Deep vein thrombosis, or DVT as it’s known, occurs when blood clots in one or more veins. It can happen at any time, but people who travel on long-haul flights are at a higher risk because … Read more

Oil glut is a dramatic overestimation by markets: Carlyle

Oil glut is a dramatic overestimation by markets: Carlyle

An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas.  Brandon Bell | Getty Images News | Getty Images SINGAPORE — Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle. Concerns about a supply glut … Read more

India and Singapore agree to cooperate on chips as countries seek to strengthen partnership

India and Singapore agree to cooperate on chips as countries seek to strengthen partnership

India’s Prime Minister Narendra Modi speaks prior to a meeting with Brunei Sultan Hassanal Bolkiah at Istana Nurul Iman in Bandar Seri Begawan on September 4, 2024. Dean Kassim | Afp | Getty Images SINGAPORE — India and Singapore on Thursday signed memorandums of understanding for cooperation on a number of key areas including semiconductors, … Read more

Chinese companies huge advantage vs. South Korea, Japan peers

Chinese companies huge advantage vs. South Korea, Japan peers

Pictured here in Nov. 2023 is a storefront for Chinese retailer Miniso in London. Peter Dazeley | Getty Images News | Getty Images BEIJING — Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses that went global: a large ethnic Chinese diaspora. That’s according to … Read more

Chinese consumer brands look to crack the global market with Singapore as a testbed

Chinese consumer brands look to crack the global market with Singapore as a testbed

Hangzhou-based toy company Dodo Sugar, pictured here at the Pop Toy Show in Singapore on Aug. 23, 2024, is expanding to Thailand and other parts of Southeast Asia. CNBC | Sonia Heng Chinese consumer brands are using Singapore as a cultural testbed in their quest to expand globally, thanks to the city-state’s unique blend of … Read more

A new MIT study shows flying gets safer by the decade

A new MIT study shows flying gets safer by the decade

Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft itself.    One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly … Read more

Singapore introduces cooling measures for public housing market

Singapore introduces cooling measures for public housing market

The Pinnacle@Duxton, a Housing & Development Board (HDB) public housing estate, center, in Singapore, on Monday, Feb. 19, 2024.  Bloomberg | Bloomberg | Getty Images Singapore has tightened the maximum loan that home buyers can take out in a bid to cool the country’s public housing resale market. From Tuesday, buyers of HDB flats won’t … Read more