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THE BUSINESS TIMES - Get the Latest Business & Financial News US: S&P 500 ENDS CHOPPY SESSION AT FRESH RECORD, STOCKS 8 hours ago · The Dow Jones Industrial edged up less than 0.1 per cent to 34,479.60. The broad-based S&P 500 added 0.2 per cent at 4,247.44, a second straight record, while the tech-rich Nasdaq Composite Index gained 0.4 per cent to 14,069.42. WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sgTHE BUSINESS TIMES
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Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to your inbox. Daily Debrief A round-up of all the important things that happened today. BT Lifestyle Wine and dine or plan your next holiday with BT’s weekend newsletter.THE BUSINESS TIMES
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to your inbox. Daily Debrief A round-up of all the important things that happened today. BT Lifestyle Wine and dine or plan your next holiday with BT’s weekend newsletter.THE BUSINESS TIMES
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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Wealth (May 2021) SPOTLIGHT. Universal life insurance - not just a wealth protection plan. UNIVERSAL life insurance plans have long been a core feature in wealthy clients' succession and wealth planning, thanks to a number of attributes - the ability to secure a high death benefit; availability of premium financing; liquidity; and an assetthat
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Read more at The Business Times. THE confluence of the global economy re-opening, ongoing accommodative monetary policy and incremental fiscal stimulus brought about inflation concerns inTHE BUSINESS TIMES
An Everest permit alone costs US$11,000 and climbers pay upward of US$40,000 for an expedition. But the warmer weather that ushers in safer conditions for scaling Nepal's dangerous, snow-capped peaks has coincided with a deadly second wave of Covid-19 infections, with active cases in the country rising six-fold in the last two weeks. HK BUYERS MAKING STEADY INVESTMENTS IN SINGAPORE PROPERTY Singapore. HONG Kong investors are expected to continue looking at Singapore property, though no spike in interest is expected, said analysts. The number of transactions have held steady, said Christine Sun, senior vice-president of research and analytics at OrangeTee &Tie.
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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For luxury homes priced at S$5 million and above, the number of caveats lodged by Singaporeans jumped 44%; buyers included owner-occupiers and investors. Thu, May 13, 2021 - 5:50 AM. Fiona Lam fiolam@sph.com.sg@FionaLamBT. Owner-occupiers are turning to larger, more luxurious residential properties as many spend more time at homedue to the
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CHEUNG Woh Technologies posted a S$3.09 million loss for the half year ended Feb 28, 2021, narrowing a S$4.6 million loss in the corresponding period of the previous year. Revenue shrank 43.3 per cent to S$13.4 million on the back of declines in its hard disk drive (HDD) components and precision metal stamping (PMS) componentssegments.
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According to a Korn Ferry Hay Group study in 2017, the median total pay for CEOs at Singapore-listed companies was constant at S$625,000 per annum in financial year 2016. While CEOs of large companies had a median remuneration of S$3.41 million in 2016, medium-sized company CEOs were paid S$1.25 million. The median total pay for small companyTHE BUSINESS TIMES
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CHEUNG Woh Technologies posted a S$3.09 million loss for the half year ended Feb 28, 2021, narrowing a S$4.6 million loss in the corresponding period of the previous year. Revenue shrank 43.3 per cent to S$13.4 million on the back of declines in its hard disk drive (HDD) components and precision metal stamping (PMS) componentssegments.
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According to a Korn Ferry Hay Group study in 2017, the median total pay for CEOs at Singapore-listed companies was constant at S$625,000 per annum in financial year 2016. While CEOs of large companies had a median remuneration of S$3.41 million in 2016, medium-sized company CEOs were paid S$1.25 million. The median total pay for small companyTHE BUSINESS TIMES
CHEUNG Woh Technologies posted a S$3.09 million loss for the half year ended Feb 28, 2021, narrowing a S$4.6 million loss in the corresponding period of the previous year. Revenue shrank 43.3 per cent to S$13.4 million on the back of declines in its hard disk drive (HDD) components and precision metal stamping (PMS) componentssegments.
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Globally, private banking client assets grew to US$394 billion in 2020, up 9 per cent year on year. This is notable as our private bank client assets comprise a quarter of the US$1.6 trillion wealth balances in wealth and personal banking, up 12 per cent year on year. Significantly, Asia continued to be a substantial contributor in netnew
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SGX drops quarterly reporting, strengthens continuous disclosures. Compliance costs, short-term bias among main factors behind decision; continuous disclosure rules beefed up in specific areas. Fri, Jan 10, 2020 - 5:50 AM. Claudia Tan claudiat@sph.com.sg@ClaudiaTanBT. Angela Tan angelat@sph.com.sg.THE BUSINESS TIMES
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The more US foreign policy changes, the more it remains the same. Expectations for dramatic alterations tend to rise based on the presidential candidate's campaign rhetoric, but these tend to remain unfulfilled. Thu, May 13, 2021 - 5:50 AM. Leon Hadarbtworld@sph.com.sg.
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Home > Government & Economy SINGAPORE BANS SHORT-TERM TRAVELLERS FROM DAEGU, CHEONGDO Tue, Feb 25, 2020 - 6:49 PM Singapore is refusing entry to all new visitors with recent travel history to Daegu and Cheongdo in South Korea within the last 14 days, even as it announced a breakthrough on Tuesday in what's believed to be the first use of serological testing to uncover links between existing coronavirus clusters here. ST PHOTO: LIM YAOHUI SINGAPORE is refusing entry to all new visitors with recent travel history to Daegu and Cheongdo in South Korea within the last 14 days, even as it announced a breakthrough on Tuesday in what's believed to be the first use of serological testing to uncover links between existing coronavirus clusters here. The serological testing, a type of blood test that looks for antibodies, was used on two suspect cases - 83 and 91 - to determine if they had virus-specific antibodies in their blood, Singapore's Ministry of Health (MOH) said in a statement. This is because the standard laboratory test for Covid-19 infections - a molecular test called Polymerase Chain Reaction (PCR) - will not work on patients who have recovered and whose immune system has cleared the virus, MOH said. However, the immune system produces antibodies in response to the infection, and these virus-specific antibodies could stay with the recovered patient for several years, the ministry said. Developed by a research team at Duke-NUS Medical School, it is believed to be the first time in the world serological testing is used in the context of contact tracing for Covid-19.SEE ALSO
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With the assistance of the Singapore Police Force, this has helped the ministry link the clusters at Life Church and Missions service on Jan 19, a Chinese New Year family gathering at Mei Hwan Drive on Jan 25, and Grace Assembly of God activities between Jan 29 and Feb 9. This is because Cases 83 and 91 were present at the Life Church and Missions service and the Chinese New Year gathering at Mei Hwan Drive. "While we have seen the number of new cases here in Singapore remain low for the last few days, we must be aware that the global situation remains dynamic and we cannot afford to be complacent," Gan Kim Yong, Health Minister and co-chair of a multi-ministry taskforce set up to deal with the coronavirus outbreak, said at a press conference on Tuesday evening, noting the sudden increasing cases in South Korea,Italy and Iran.
With South Korea now seeing the largest number of cases outside China, Lawrence Wong, National Development Minister and co-chair of the multi-ministry taskforce, said the authorities have decided to take additional precautions for travellers coming from Cheongdo and Daegu, the two cities with the highest number of cases. The restriction kicks in from Feb 26 at 11.59pm. As at 12pm on Feb 25, South Korea has reported 893 confirmed cases of Covid-19 infection, of which 501 are from Daegu and 113 from Cheongdo. The restriction comes after a Feb 23 travel advisory from MOH for Singaporeans to defer non-essential travel to Daegu and Cheongdo, and is similar to what the Republic has put in place for short-term travellers from China. Mr Wong said a more stringent restriction on travellers from the whole of South Korea may be imposed if the virus spreads beyond the twocities.
Returning residents and long-term pass holders will be placed on Stay-Home Notice, he added.Stay updated
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GOVERNMENT & ECONOMY MUHYIDDIN SWORN IN AS MALAYSIA'S PM; MAHATHIR CALLS FOR URGENT PARLIAMENT SITTING AS PH RESISTANCE CONTINUES US POSTPONES SUMMIT WITH ASEAN LEADERS AMID CORONAVIRUS FEARS:SOURCES
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