News: Stanley appointed Asia-Pacific president for Airbus

Based in Singapore, Anand Stanley will lead the strategy and future positioning of Airbus and its divisions across the region.

The CCl Exchange Has Become a Bellwether for the Issuance of New Currency at Home and Abroad

NEW YORK, NY / ACCESSWIRE / June 5, 2020 / The CCl Digital Currency Trading Platform, CCI Exchange, which is headquartered in Singapore, is a global digital currency trading service provider.

Singapore plans a coronavirus contact tracing device for all to wear

Singapore plans to soon launch a wearable device for novel coronavirus contact tracing that, if successful, it will distribute to all of its 5.7 million residents, the government said on Friday.

Vega Launches Market Maker Program Before Public Testnet

Vega, a DeFi protocol for creating decentralized derivatives markets, has launched a program providing early platform access to liquidity providers. Decentralized finance (DeFi) protocol Vega has launched a program to grant market makers early-access to the platform ahead of its public test-net launch. Vega comprises a Proof-of-Stake protocol that facilitates the creation of leveraged financial products. Vega’s "Liquidity and Market Maker Programme" has already attracted liquidity providers based in the United States, Israel, Singapore, Australia and Switzerland. Market makers given early access to Vega The startup believes that it can attract robust liquidity by offering liquidity providers significantly higher returns than traditional exchanges. Vega co-founder Tamlyn Rudolph speculated that market makers could earn between ten and 20 times that offered by traditional centralized platforms, stating, “We have disintermediated the typical expenses incurred by exchanges, with the preserved profit largely redirected to the market makers on Vega.”  Rudolph stated that Vega’s model is intended to reward liquidity providers “for the high-value activity of incubating and growing healthy markets,” estimating that market makers will receive between 50–70% of total fee revenues generated on the platform. “We recognize the essential value provided by market makers and innovators, so the protocol strongly rewards the value they add with a share of each market's overall revenue,” said Vega co-founder Barney Mannerings. “Current market infrastructures benefit from fantastic economies of scale, which currently help to line the pockets of exchanges and other rent-seekers while traders are charged excessively for services that should be cheap or free,” he added. Vega to launch public testnet soon In addition to gaining access to Vega’s private testnet, program members will gain access to Vega’s protocol design, technical teams, tools,

Delta Cryptocurrency Exchange Launches Interest Rate Swaps

The Singapore-based crypto exchange is launching interest rate swaps that allow traders to speculate on the rates themselves. Singapore-based Delta Exchange has announced the launch of interest rate swaps (IRS) on DeFi rates, flash rates on Bitfinex, and interest rates on the BitMEX perpetual swap, starting today. According to the company, Delta will soon launch IRS for USD Coint (USDC) lending rates on Compound Finance and Dai (DAI) lending rates on Compound Finance at 50x leverage. As the name suggests, an interest rate swap is a forward contract in which one stream of future interest payments is exchanged for another based on a specified principal amount. Opening up a bridge between centralized and decentralized exchanges Speaking with Cointelegraph, Pankaj Balani, CEO of Delta Exchange, said it was a first in the industry: “Delta Exchange will be the first centralized exchange to offer interest rates swaps on any interest rates in the crypto ecosystem.

Stop the Coronavirus Superspreaders

In our study, 20 percent of Covid-19 cases accounted for 80 percent of transmissions.

Schools reopen as Singapore eases lockdown restrictions

With temperatures checked, masks fitted, and hand sanitizers at the ready, many Singapore children returned to school on Tuesday after a novel coronavirus lockdown of nearly two months.

Singapore tentatively reopens after two months of lockdown

Singapore is gradually reopening schools and its economy after a two-month lockdown that throttled business activity on the island.

ZebPay Commissions Chainalysis for Crypto Compliance in India

ZebPay teams up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country. Major Indian cryptocurrency exchange and wallet provider Zebpay has commissioned blockchain forensics firm Chainalysis to monitor transactions executed across its platforms in India. The move comprises an expansion in the partnership between Chainalysis and ZebPay, with Chainalysis already providing its Know Your Transaction (KYT) services for ZebPay’s operations in Singapore.

Malaysia, Singapore defer high-speed rail project until year-end

Malaysia said on Sunday it had agreed with neighbouring Singapore to suspend until Dec.

The Crypto Enthusiast’s Dream: Top Countries That Tick All the Boxes

Alongside the internet, cryptocurrencies have made the world a global village.

Master of cargo ship charged over Australia container spill

The ship master of a Singapore-registered vessel that spilled some of its cargo off the Australian east coast has been charged with damage of the marine environment and pollution.

Images reveal Singapore jets equipped with reconnaissance pods — a capability thought missing for 15 years

Defense News has been given access to several images of different F-16D Block 52 Fighting Falcons in service with the Republic of Singapore Air Force, revealing the aircraft are equipped with Elbit Condor 2 Long Range Oblique Photography systems on their centerline station.

Singapore Exchange shares post steepest drop since 2008 on end of MSCI licence

Shares in bourse operator Singapore Exchange Ltd suffered their steepest daily fall in more than a decade after the company said its profit would be hit when a licence to offer a suite of regional equity derivatives ends in February 2021.

A Virus-Hunter Falls Prey to a Virus He Underestimated

Peter Piot, 71, one of the giants of Ebola and AIDS research, is still battling a coronavirus infection that hit him “like a bus” in March.

Tony Hadley helps man from Singapore win a withheld radio competition prize

A man from Singapore has thanked singer Tony Hadley for helping him to finally win a radio competition cash prize - after it was initially withheld over claims he mispronounced the star's name.

Singapore warns of worst economic contraction since independence

Singapore's embattled economy could shrink by as much as seven percent this year, which would be the worst reading since independence, with the government saying Tuesday the coronavirus pandemic had throttled the key export sector.

Death of 'Mr Big' stirs memories of Singapore's gangland past

Early one October morning in 1969, Singapore police officers found the body of a man dumped in a storm drain.

Death of 'Mr Big' stirs memories of Singapore's gangland past

Early one October morning in 1969, Singapore police officers found the body of a man dumped in a storm drain.

Singapore cuts 2020 GDP outlook again as virus batters economy

Singapore downgraded its 2020 gross domestic product forecast for the third time on Tuesday, the trade ministry said, as the bellwether economy braces for its deepest ever recession.

Singaporean cooks up Eid feast for migrant workers in lockdown

As Muslims around the world celebrate Eid al-Fitr to mark the end of the fasting month, thousands of migrant workers in Singapore have had to spend the holiday in quarantine because of outbreaks of the novel coronavirus in their dormitories.

Coronavirus patients stop being infectious after 11 days of being ill

A coronavirus patient becomes contagious around two days before symptoms show and remains contagious for seven to ten days afterwards researchers from Singapore found.

US Stock Futures Open Flat as Tensions Mount: Markets Wrap

(Bloomberg) -- Currency markets and US equity futures saw a placid start to trading early on Monday as traders monitored more signs of economies reopening around the world against a deepening of tensions between the US and China.The Australian dollar and the offshore yuan edged lower, though trading will be light with holidays in the US, UK and Singapore.

Coronavirus hope! UK outbreak could end on September 30 according to model

DATA MODELLING from Singapore University of Technology innovation lab suggests the UK's coronavirus crisis could end on September 30.

Coronavirus could be completely wiped out in Britain by September 30

A team at the Singapore University of Technology plotted data from the pandemic to pinpoint the date cases will die out.

Boy, 9, cries after mum surprises him with first McDonald's since lockdown

Adam Bin Mohammad Irwan was overwhelmed when his mum surprised him with his favourite McDonald's meal for the first time in months since Singapore's lockdown

Moment boy, 9, weeps with joy as he tucks into his first McDonald's after months of lockdown

Adam Bin Mohammad Irwan from Singapore was overcome with emotion after seeing the meal.

Scientists predict exact date coronavirus pandemic will be over in UK

The Singapore University of Technology has used data-driven modelling to predict the exact day the coronavirus crisis will be over in the UK, meaning social distancing measures can be lifted

Tony Hadley: Spandau Ballet star rescues Singapore radio quiz winner, who finally lands prize

The singer backed Muhammad Shalehan's pronounciation of his name

A radio station denied a caller a prize because he'd 'mispronounced' a pop star's name. Then the star waded in

Spandau Ballet front man and 1980s icon Tony Hadley has stepped in to solve a bizarre controversy erupting in Singapore, earning a man a cash prize by clarifying exactly how the star's surname is pronounced.

Hadley's delight after 'mispronunciation row' resolved

The singer explains how he intervened when a Singapore radio station refused to give a $10,000 prize to a caller.

Singapore quizzer finally wins $10k after Tony Hadley's message

Muhammad Shalehan was originally denied the prize as judges claimed he mispronounced "Tony Hadley".

Singapore quizzer finally wins $10k after Tony Hadley's message

Muhammad Shalehan was originally denied the prize as judges claimed he mispronounced "Tony Hadley".

Tony Hadley: Spandau Ballet star comes to the rescue of quiz contestant in Singapore with lockdown video

The quiz contestant had to guess the names of 14 celebrities whose voices were played in a contest on Singapore’s Gold 905 radio station

Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker

Digital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t.

Coronavirus-fighting robots disinfect shopping mall by blasting surfaces with UV

A shopping mall in Singapore is deploying a newly developed smart robot to fight the novel coronavirus, not with chemicals - but with light

Jadestone Energy Inc Announces Notice of Results and Conference Call

Notice of Financial Results for the Period Ending March 31, 2020 and Conference Call SINGAPORE / ACCESSWIRE / May 21, 2020 / Jadestone Energy Inc.

Asia virus latest: South Koreans back to school, Singapore Zoom death sentence

Hundreds of thousands of South Korean students returned to school as educational establishments started re-opening after being shuttered by coronavirus for more than two months.

Man sentenced to death in Singapore via Zoom

The Covid-19 pandemic has forced the city to postpone all but 'essential' court cases.

Man Sentenced To Death In Singapore Via Zoom Call

Rights group lambasted the video judgment as inhumane.

Man handed death sentence on Zoom video call

A man has been sentenced to death in Singapore via a Zoom video call.

Malaysian man sentenced to death in Singapore via Zoom call

Punithan Genasan, a 37-year-old Malaysian, received the sentence for his role in a 2011 heroin transaction.

Drug trafficker sentenced to death via Zoom call during coronavirus lockdown

Punithan Genasan, a 37-year-old Malaysian man, learned of his fate on Friday over video call having previously been convicted of dealing heroin in Singapore back in 2011

Man in Singapore sentenced to death via Zoom call

Three quarters of Singapore economy will resume operations from June 2 - government

Singapore will see three-quarters of its economy resume normal operations when curbs to fight the coronavirus are eased from June 2, although the relaxing of measures will likely see a rise in daily cases, its government said on Tuesday.

Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea

Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report. South Korea's central bank, the Bank of Korea, has conducted new research and analysis on the progress of central bank digital currencies — or CBDCs — around the world. The bank released its “Overseas CBDC Progress Report” on May 18, in which the institution analyzed the CBDC projects of 14 central banks. New tech is a catalysts for CBDC projects The bank found that recent advances in payment settlements, decentralized ledger technology and the sharp declines in cash use are the main factors driving central banks to research and develop CBDCs. Most central banks in the report are currently developing IT systems to examine the feasibility of the established CBDC model. According to the report, central banks in Sweden, Singapore, Canada, Japan, Thailand, Hong Kong have revealed the implementation of distributed ledger technology in their respective CBDC research.

Singapore knicker nicker gets nicked for lockdown breach

A serial underwear thief has admitted to breaching Singapore's strict coronavirus lockdown to sneak into a backyard and try to purloin women's lingerie.

Robot dog enforces physical distancing rules

Spot the robot dog is patrolling a Singapore park to enforce physical distancing as part of a coronavirus-related trial.

China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities

Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities. China’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority. Through the new partnership, WeBank will provide the FISCO BCOS blockchain platform to Singaporean academics to innovate and build on. The initiative seeks to offer the blockchain platform as an “innovation playground“ to Singapore’s student communities to expedite development in the field of DLT.  As a requirement of participation in the program, all innovations produced through the FISCO BCOS initiative are made available as open-source. The program hopes to stimulate research into blockchain applications for the supply chain and finance sectors.  WeBank to support DLT development in Singapore Students from Singapore University of Technology and Design, Nanyang Technological University and Singapore Management University are expected to participate in building with the FISCO BCOS platform.  “We seek to spur the next-generation talents into building viable solutions using blockchain to serve the general public,” said WeBank executive VP and CIO, Henry Ma. “Providing this open-source technology as a developer arena will also help us strengthen the stack of our technologies in the process while allowing for better products and services for the general public,” he added. WeBank and OpenNodes will host workshops and hackathons to drive awareness and engagement with the platform, and support development from the initiative. WeBank to integrate DAML onto FISCO BCOS FISCO BCOS is an open-source blockchain platform developed by the non-profit Financial Blockchain Shenzhen Consortium (FISCO) to foster DLT research and innovation through collaboration. The platform’s development saw contributions from 20 top Chinese fintech firms and was established during 2016, before being open-sourced the following year.

Did the Coronavirus Kill Ideology in Australia?

How a government both sectarian and divisive learned (briefly) to become inclusive.

German Bank Partners With Singapore Fintech Consortium on Blockchain

German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries. Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital. While the entities have yet to detail the specific projects they’ll work together on, a press release announced that the partnership will involve exploring blockchain applications within the context of banking and financial services. Anquan Capital has launched a number of distributed ledger technology, or DLT, firms, including Zilliqa and Anqlave.  Ten31 chief executive, Matthias von Hauff, stated: “With Anquan as a shareholder, we have added yet another ideal partner to our network.

Qatar Airways' new policy is letting customers book 2020 travel from the US to nearly anywhere in the world for under $500 — but it still may be too soon to travel

A $494 ticket from Washington, DC to Yerevan, Armenia can be changed to New York to Singapore with no additional fees if the requirements are met.

American FedEx pilot imprisoned for breaking quarantine order in Singapore

Brian Dugan Yeargan sentenced to four weeks in prison after leaving hotel room for three hours to buy masks and thermometer Coronavirus – latest US updates Coronavirus – latest global updates An American cargo pilot who admitted to “poor judgment” in breaking a quarantine order to buy medical supplies has become the first foreigner imprisoned in Singapore for breaching its restrictions meant to curb the coronavirus. FedEx pilot Brian Dugan Yeargan, 44, from Eagle River in Alaska, was sentenced to four weeks on Wednesday after he pleaded guilty to leaving his hotel room for three hours to buy masks and a thermometer.

Singapore Airlines Is Now Most Shorted Stock in City-State

(Bloomberg) -- Bearish bets have risen sharply on Singapore Airlines Ltd.

CoinMarketCap Initially Rejected the Metric That Now Puts Binance at No.1

CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners  Binance in the top spot.  But this stands in stark contrast to the words of CoinMarketCap’s Chief Strategy Officer and acting CEO Carylyne Chan, who said in a podcast interview late last year that web traffic was “not a good indicator.” Introduced just six weeks after Binance bought CoinMarketCap for hundreds of millions of dollars, the new ranking methodology prioritizes web traffic over CMC’s painstakingly developed “liquidity metric,” which was only introduced in November and was due to become the default ranking. When ranked by average liquidity, Binance lands in fourth place, following Bitfinex, Coinbase Pro, and Huobi Global respectively. Indications are not good On an episode of the podcast Blockchain Journeys recorded at the Capital Conference in Singapore in November, where the liquidity metric was introduced, Chan was asked specifically about using web traffic as a metric.

Infected in the tens of thousands, Singapore's migrant workers are stuck in their dorms as the country opens up

At the start of April, Singapore had about 1,000 cases.

First Sovereign Wealth Fund Joins Libra Association

One of the Singapore government’s two sovereign wealth funds, Temasek, is joining the Libra Association, alongside Paradigm and Slow Ventures in the latest round of additions to the stablecoin project.

Singapore sovereign fund Temasek joins Facebook-backed Libra

The Singapore sovereign wealth fund Temasek has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said Thursday.

Boy, 6, promises supporters 'massive party' after recovery from leukemia

Oscar Saxelby-Lee was flown to Singapore over Christmas to have CAR-T cell therapy and a second bone marrow transplant, which helped rid the six-year-old of leukemia

SE Asia Stocks-Most down on doubts over economic recovery; Singapore hits near 3-week low

* Singapore shares hit near 3-week low * Singapore Airlines tumbles to more than two-decade low * Philippine shares snap two days of gains By Pranav A K May 14 (Reuters) - Most Southeast Asian stock markets fell on Thursday as worries over a prolonged global economic recovery from the damages caused by COVID-19 pandemic were exacerbated by the World Health Organization's warning that the virus may never go away.

Asian Countries Leading the Way for FATF Travel Rule

South Korea and Singapore may have the best regulations around compliance with the Financial Action Task Force guidelines. CoolBitX Founder Michael Ou believes regulators in Asia are leading the way when it comes to compliance with the Financial Action Task Force (FATF) travel rule, which is due to be implemented in June. The startup has developed a solution to the travel rule, called Sygna Bridge, which allows exchanges to communicate the identities of the senders and receivers of each transaction. On May 7 it announced it had conducted a series of cross-border transfer tests that demonstrated Sygna Bridge’s effectiveness in complying with the FATF guidelines by verifying transactions against the names of known terrorists and drug dealers.  Singapore and South Korea Ou told Cointelegraph that in his opinion Singapore and South Korea have the best regulatory oversight in the lead up to the travel rule being reviewed in a few weeks.  “Asia is on the path to change the [crypto] industry and may provide a blueprint for the rest of the world,” he said, noting Singapore’s Payment Services Act and South Korean legislation amending the Act on Reporting and Using Specified Financial Transaction Information, as examples of regulators who were prepared for the travel rule. As the world’s third-largest economy, Japan has seen major financial institutions such as Nomura, SBI Holdings, and Rakuten making significant investments into the Japanese crypto market.

Exchange Run by Ex-Morgan Stanley Team Drops Trading Fees for Subscription Model

The subscription model offers smaller frequent traders a flat fee monthly, something normally only major clients get.

Las Vegas Sands Puts A Lid On Potential Japanese Development

In a surprise announcement, the famous casino and resort company Las Vegas Sands (LVS) has revealed that it is no longer pursuing the opportunity to develop a resort in Japan.“While my positive feelings for Japan are undiminished, and I believe the country would benefit from the business and leisure tourism generated by an Integrated Resort, the framework around the development of an IR has made our goals there unreachable” explained the company’s billionaire CEO, Sheldon Adelson.He continued: “We are grateful for all of the friendships we have formed and the strong relationships we have in Japan, but it is time for our company to focus our energy on other opportunities.”According to Bloomberg, one of the biggest problems for LVS was that the concession would only last 10 years vs 20 and 30 years in Macau and Singapore, respectively.As the 86-year old CEO points out, Las Vegas Sands is currently executing significant investment programs in both Macao and Singapore to “create meaningful new growth from our existing portfolio.”Encouragingly, the stock has received a string of recent analyst upgrades.

Global report: Wuhan to test all as Germany pinpoints new Covid-19 outbreaks

China, Denmark and Singapore expand testing; Spain to quarantine new arrivals; France bans drinking on Seine Coronavirus – latest updates See all our coronavirus coverage Countries are taking urgent steps to avoid a damaging second wave of Covid-19 infections, stepping up mass testing programmes and announcing strict quarantines on incoming travellers in a bid to keep the virus under control. China, Singapore and Denmark were among countries to announced substantial expansions of their testing regimes, with the Chinese city of Wuhan, the original centre of the pandemic, saying it planned to test all 11 million residents.

Singapore Changi Airport is world's best airport for eighth time

The Asian hub has scooped the top gong at the 2020 Skytrax World Airport Awards, with Tokyo's Haneda International coming second.

SE Asia Stocks-Markets skid on coronavirus resurgence fears; Singapore drops most

* Singapore down after 4 straight session of gains * Financials drag Indonesian stocks lower * Philippines set to extend lockdown in some areas By Pranav A K May 12 (Reuters) - Southeast Asian stock markets fell on Tuesday amid fears of a coronavirus resurgence in China and its implications for countries easing restrictions, while prospects of Sino-US tensions flaring further also weighed on sentiment.

Coronavirus: Robot dog enforces social distancing in Singapore park

The four-legged robot carries a camera and speaker to play social distancing messages in Singapore.

DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement

Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda.

Robodog patrols parks to enforce social distancing in Singapore

It politely reminds visitors: ‘For your own safety and for those around you, please stand at least one meter apart.

Singapore Officials Using ‘Robodogs’ To Enforce Social Distancing In Parks

The machine warns, “For your own safety and for those around you, please stand at least one metre apart.

Bitcoin Cash DeFi Startup Raises $1 Million in Seed Round

Bitcoin Cash startup General Protocols has raised more than $1 Million for its DeFi vision. The General Protocols startup is developing its Decentralized Finance (DeFi) vision on Bitcoin Cash after raising more than $1 million in a seed funding round.  This round of funding allows the Singapore-based team to develop their flagship product AnyHedge on Bitcoin Cash.

Coronavirus lockdown: Would you report people who break the rules?

A hotline in New York was mocked for encouraging "snitches" but in Singapore citizen police are out.

Why is coronavirus mortality rate lower in some countries?

Singapore and Qatar stand out as two nations that have managed to keep the number of deaths down.

Alibaba Buys 50% Stake in Singapore Office Building

Most of Singapore's 20,000 coronavirus cases are migrant workers

Migrant workers particularly at risk from contracting coronavirus due to cramped dormitories.

Jadestone Energy Inc. Announces Publication of Annual Report

Jadestone Energy Publishes 2019 Annual Report SINGAPORE / ACCESSWIRE / May 6, 2020 / Jadestone Energy Inc.

Singapore bank UOB's first-quarter profit falls to two-year low, raises impairment charges

Singapore's United Overseas Bank reported a smaller-than-expected 19% drop in first-quarter net profit on Wednesday, but it increased impairment charges to reflect worsening economic conditions due to the coronavirus outbreak.

Asian shares advance following rebound on Wall Street

Shares rose in Hong Kong, Sydney and Singapore.

Singapore-based logistics firm Ninja Van raises $279 million

E-commerce delivery firm Ninja Van said it raised $279 million in funding from investors including Facebook co-founder Eduardo Saverin's B Capital and ride-hailing firm Grab as the COVID-19 pandemic has led more people to shop online.

Stranded at sea for months due to Covid-19 and refused port three times, sailor docks in Fiji

Wong Tetchoong set off from Singapore in February but the coronavirus pandemic meant he could not find anywhere to dock Coronavirus – latest updates See all our coronavirus coverage A Singaporean man has been rescued after being stranded at sea for three months and being turned away from three countries as ports around the world closed due to coronavirus. The man, who has been identified by Fijian media as Wong Tetchoong, 59, set off from Singapore on a sailing adventure on 2 February that was meant to last for three years.