News about <![CDATA[Singapore]]> News about en-us <![CDATA[Cegos Asia Pacific Survey identifies the 2014 Workplace Learning Trends across APAC Region]]> <![CDATA[Access to Tesla cars only a password away, researcher says]]> ]]> <![CDATA[Nepal and Singapore Set the Stage for "The Tissue Trail," a New Novel of International Intrigue]]> <![CDATA[Here are the world's best airports]]> <![CDATA[Hedge fund showcase event may exit Singapore]]> <![CDATA[FILMTACK announces Window Film Carbon Emission Reduction Calculator (CERC) Collaboration]]> <![CDATA[Japan Feb Consumer Confidence Index Slumps on Jobs, Wages]]> --Japan Feb Consumer Confidence Index 38.3 Vs Jan 40.5 --Japan Feb Consumer Confidence Posts 3rd Straight Drop --Japan Gov Downgrades View: Consumer Confidence Weaker TOKYO (MNI) - The Cabinet Office on Wednesday released the results of its latest monthly Consumer Confidence Survey, which was conducted on Feb. 15. Of the 8,400 households polled...

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<![CDATA[China’s Zhou: Liberalizing Deposit Rate Could Take 1-2 Years]]> BEIJING (MNI) - The liberalization of Chinese deposit rates will take one to two years in a process which could see higher rates as they are freed up, People's Bank of China Governor Zhou Xiaochuan said Tuesday. The governor, appearing before the press with the heads of the...

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<![CDATA[China PBOC Extends Open Market Operations As Rates Plunge]]> BEIJING (MNI) - The People's Bank of China has responded to plunging money market rates with expanded operations to scoop even more funds out of the system, and for longer periods of time. The bank drained CNY100 billion on Tuesday morning via 28-day repos, traders said. It dropped altogether the 14-day instruments that it has ...

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<![CDATA[China Feb New Credit Creation Shrinks On Shadow Bank Crackdown]]> BEIJING (MNI) - Data released by the People's Bank of China on Monday: New Loans M2 (% y/y) Total Finance ------------------------------------------------ February 644.5 13.3 939 Consensus 726.1 13.3 -- January 1320 13.2 2580 All figures billions CNY unless otherwise indicated FACTORS: -- Feb outstanding CNY loans +14.2% y/y vs +14.3% -- Feb outstanding CNY deposits +12.5% y/y ...

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<![CDATA[Car Rental Startup Drive.SG Lands $790,000 For Asia Expansion]]> Read More
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<![CDATA[Japan Feb Econ Watchers Sentiment Hit By Snow; Tax Hike Feared]]> --Japan Feb Economy Watchers' Current Index 53.0 Vs Jan 54.7 --Japan Feb Watchers' Current Index Posts 2nd Straight Drop --Japan Feb Watchers' Outlook Index 40.0 Vs Jan 49.0 --Japan Feb Watchers' Outlook Index Posts 3rd Straight Drop --Japan Govt Repeats Econ Up Moderately, Tax Hike To Affect Mood TOKYO (MNI) - The Cabinet Office on ...

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<![CDATA[Japan Q4 GDP Revised Down on Weaker-Than-Forecast Consumption]]> --Japan Q4 GDP Rev +0.2% Q/Q; Prelim +0.3%; MNI Median +0.2% --Japan Q4 Annualized GDP Rev +0.7% Vs +1.0%; MNI Median +1.0% --Japan Q4 Consumption Contribution +0.2 Point; Prelim +0.3 --Japan Q4 Capex Rev +0.8% Q/Q; PRELIM +1.3%; MNI...

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<![CDATA[Bitcoin pits the gold bugs vs the 'techno geeks']]> <![CDATA[Chaori Becomes China’s First Yuan Bond Default: Press]]> BEIJING (MNI) - Shanghai Chaori Solar Energy has become the first Chinese company to default on a yuan-denominated bond after failing to make an interest payment on Friday, the Wall Street Journal reported. The newspaper quoted board secretary Liu Tielong saying that the company defaulted after Chaori warned earlier this week ...

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<![CDATA[Elusive bitcoin creator found in California: Report]]> <![CDATA[China MOF Offl: EU’s Economic Recovery Policies Inadequate]]> BEIJING (MNI) - European policymakers need to do more to ensure the region's economic recovery, a senior Chinese finance ministry official said Thursday. Vice-Minister of Finance Zhu Guangyao told reporters on the sidelines of the National People's Congress here that the Chinese government is worried about the uncertainties facing economic recoveries in the U.S. and Europe. "Currently...

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<![CDATA[The priciest real estate? Hint: It's not New York]]> <![CDATA[Bitcoin exchange CEO found dead in Singapore]]> <![CDATA[China’s First Bond Default Looms In Test Of Reform Commitment]]> BEIJING (MNI) - China may see its first ever corporate bond default this week in what may be a landmark case for the new leadership's pledge to allow markets to play a "decisive" role in the economy. Shanghai Chaori Solar Energy Science & Technology said late Tuesday that ...

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<![CDATA[TNETS launches initiative to help exporters avoid penalties]]> <![CDATA[UPDATE: China Keeps Same GDP Target; Sees Investment Cooling]]> BEIJING (MNI) - The Chinese government has targeted GDP growth of 7.5% again in 2014, even as it has cut its goals for the growth of output, investment and trade. The targets were contained in Li Keqiang's work report to this year's National People's Congress in which the Chinese premier warned of an unstable global ...

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<![CDATA[Euro rebounds against yen as Russia-Ukraine fears wane]]> The euro rose against the yen following reports that Vladimir Putin has ordered troops in military exercises in Russia to return to base.

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<![CDATA[Hong Kong Stock Exchange to offer after-hours yuan futures trading from April 7]]> Hong Kong Stock Exchange, world's fourth-largest exchange operator, would add yuan currency futures to after-hours trading from April 7.

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<![CDATA[Mt. Gox bitcoin debacle: huge heist or sloppy glitch?]]> ]]> <![CDATA[Singapore label Mash-Up goes Loco in Tokyo]]> <![CDATA[Entertainment Platform mig33 Acquires Celebrity Site AlivenotDead]]> mig33, a mobile social entertainment platform based in Singapore, announced today that it has acquired AlivenotDead (AnD), an online community for celebrities to connect with fans through official accounts. The acquisition of AnD, which was launched in Hong Kong five years ago by Rotten Tomatoes co-founder Patrick Lee, will help mig33 grow in emerging markets as it transitions away from its start as a messaging platform for featurephone users. The acquisition price was undisclosed.]]> <![CDATA[SMEs march into the Marketing Bootcamp to learn Social, Video & Mobile Phone marketing strategies]]> <![CDATA[Xiaomi Sets Singapore Launch Date As It Prepares For Global Expansion]]> Xiaomi just announced that it will launch in Singapore on Feb. 21. This is a significant move because it marks the company's first expansion beyond China, Hong Kong, and Taiwan six months after naming Google's former Android vice president Hugo Barra as the head of Xiaomi Global in a surprise announcement.]]> <![CDATA[Small is the next big thing in Asia aviation]]> ]]> <![CDATA[Barclays Shares Fall As Bank Lays Off 12,000 And Increases Bonuses For Top Staff]]> Shares of U.K. bank,Barclays PLC (NYSE: BCS), fell nearly seven percent Tuesday on word the bank posted a £329 million ($539 million) loss in the fourth quarter and was poised to cut up to 12,000 jobs this year while at the same time increasing bonuses for top

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<![CDATA[Cloud provider Digital Ocean expands globally with new Singapore data center]]> ]]> <![CDATA[Singapore Slump: City-State’s ETFs Slide]]> ]]> <![CDATA[Clickdrive Is One On-Board Device To Rule All Your Driving Apps]]> Clickdrive wants to be the first open platform device that connects all driving apps and aftermarket monitors. The small black box, which plugs into an adapter under your steering wheel, lets you run several apps simultaneously from your smartphone, directly on the device itself, or on Clickdrive's cloud platform.]]> <![CDATA[IJOAR.org Announces a Call for Papers for Its Forthcoming Issue]]> <![CDATA[Media Alert: Opening Ceremony of the U.S. International Pavilion at the Singapore Airshow]]> <![CDATA[U.S. Pavilion at Singapore Airshow is Largest Ever]]> <![CDATA[Singapore Online Grocer RedMart Raises $5.4M From Investors Including Facebook Co-founder]]> RedMart, an online grocery service based in Singapore, announced today that it has closed a $5.4 million bridge round led by Facebook co-founder Eduardo Saverin; Property Guru founders Steve Melhuish and Jani Rautiainen; Meng Weng Wong, the co-founder of incubator JFDI; Wee Teng Wen, founder of The Lo & Behold Group; and Lion Rock Capital. The round was oversubscribed and brings RedMart's total raised so far to $10 million. ]]> <![CDATA[Futurist: Chinese democracy? It will never happen]]> <![CDATA[Healint Wants To Make Life Better For Stroke Patients]]> Mobile health tech startup Healint wants to make life better for patients suffering from neurological conditions like strokes, epilepsy and migraines. Their first product, Android app JustShakeIt, is an emergency alert system triggered by shaking a smartphone. You can help its development by signing up for the app’s public beta test. JustShakeIt is only the beginning for the startup. Healint’s co-founders say their upcoming products will focus on preventative care and helping patients monitor their health between doctor visits. The startup has received early funding from JFDI.Asia‘s accelerator program, as well as individual investors in India, Europe, Japan and Singapore. It is currently seeking pre-seed funding. Co-founder Francois Cadiou says Healint is developing predictive analysis tools using smartphone sensors and proprietary algorithms to help identify warning signs for chronic neurological conditions. JustShakeIt is designed to let people who are at risk for strokes and other conditions send an alert to their caregivers by shaking their smartphones, which sends a SMS and email blast to designated recipients with the user’s real-time location. The company hopes to log at least 5,000 active usage hours on each of  the 10 Android smartphone models they are currently testing to maximize the app’s reliability. JustShakeIt completed its close beta testing round by 50 active users earlier this year. The app uses Healint’s machine learning algorithms and data sourced from users to continuously improve the reliability of the app. Strokes can affect a person’s ability to speak, see and move, so JustShakeIt was designed to be operated with one hand. The app runs in the background and works without needing to unlock the smartphone. The team’s tasks during public beta testing include ruling out movements that can accidentally trigger the app, so users can keep their smartphones in their pocket or bag without worrying about false alarms. Low battery consumption is also key; JustShakeIt is designed to run in the background, but use less power per day than the equivalent of a five-minute phone call. The status of the public beta, with current test results for each Android smartphone, is currently available on Healint’s site. The startup says they are ranking which devices collect the most accurate data so they can recommend certain smartphones to patients. Though its products will be available for users around the world, Healint is headquartered in Singapore because the country’s high smartphone penetration rate and rapidly increasing number of older residents gives the]]> <![CDATA[SingTel’s 3G network starts optimizing itself thanks to an Ericsson upgrade]]> ]]> <![CDATA[After WTO, expectations grow for Trans-Pacific trade deal]]> ]]> <![CDATA[From the Archives: Hanukkah at the White House]]> Ed. note: Today at 4:10 ET, tune in to whitehouse.gov/live to see President Obama deliver remarks at a White House Hanukkah Reception

See the full size gallery

Among the gifts from heads of state that are in the holdings of the Harry S. Truman Presidential Library and Museum is a menorah presented to President Truman by Israel’s first Prime Minister, David Ben-Gurion. The menorah dates back to at least 1767, when it was donated to a synagogue in Buergel, Germany. 

The menorah was used in the synagogue until 1913, when it was found broken in pieces.  A man by the name of Siegfried Guggenheim asked for the broken pieces and provided a replacement. The Guggenheim family restored the old menorah for their personal use, and brought it to the United States when they immigrated in the 1930s.  Eventually, the menorah was acquired by the Jewish Museum in New York. 

When Prime Minister Ben-Gurion visited the United States in 1951, he searched for a suitable gift to give to Harry S. Truman in light of the President’s recognition and support of the State of Israel.  The Jewish Museum suggested the menorah, and Prime Minister Ben-Gurion presented it to Truman on his birthday, May 8, 1951.

In 1979, Jimmy Carter participated in lighting a Hanukkah menorah on the Ellipse, just south of the White House.  Each President since then has commemorated Hanukkah at the White House.  The ceremonies have ranged from small presentations in the Oval Office to large parties with the First Family, but they have all shared the common element of a Hanukkah menorah. 

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<![CDATA[Small Business Saturday is November 30th]]>

November 30 is Small Business Saturday, a day to celebrate and support small businesses in the holiday season and all they do for their communities. 

In the past, President Obama has been no stranger to enjoying all that this country's small businesses have to offer. 

Check out some moments of the President at some of his favorite small businesses, then make sure shop small and support the great businesses in your area this Saturday. You can also check out SBA’s tips on how to prepare for the holiday season at www.sba.gov/saturday.

 
Click here to see the full size photos and their captions. 
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<![CDATA[Viddsee Gives Top Southeast Asian Short Films A Worldwide Audience]]> The Southeast Asia film industry is rich with talent (for example, look at Thai horror cinema's growing fan base), but independent filmmakers have very few opportunities to reach a global audience. Viddsee wants to change that by giving Southeast Asian short films an online platform. The site, which launched earlier this year and now has over 200 titles, just unveiled its Channels program, which are collections of films curated by content partners like the Singapore Short Film Awards and the Hong Kong Arts Centre. Though Viddsee's films were made in languages like Chinese, Tagalog and Thai, all have English subtitles and the site's discovery features are also in English to help it reach a wider audience. ]]> <![CDATA[Why Asian property investors may fear US taper]]> <![CDATA[TrakInvest Is A Fantasy Stock Trading Platform That Can Lead To Real Jobs]]> There are several virtual stock exchanges, including ones just for kids, but TrakInvest stands apart by giving its members a chance to turn fantasy trades into real jobs. Founded by a former JP Morgan principal, TrakInvest partners with institutions like Thomson Reuters and Religare to offer sponsored internships to students in emerging Asian markets. The platform launched to the public in late December and is open to people anywhere in the world (TechCrunch readers can sign up through this link), though it currently focuses on reaching aspiring traders in India, Singapore and other Asian countries. Headquartered in Singapore with offices in India, TrakInvest has received early investment from SparkLabs Korea, as well as leading family offices in India and the Middle East. Founder Bobby Bhatia say his site seeks to differentiate from other fantasy trading platforms with a “learn-share-earn” model. TrakInvest’s main goal is to serve as an education and talent identification tool where students can connect with experienced traders from institutions like JP Morgan. Two of the top traders on the platform represent the types of users Bhatia wants to sign up: Roshni Kanchan, a housewife in India with a 12% return and Alex Dicu, a Polish student studying for an MBA in Singapore. “As more people start using it, our belief is that what we will do is change how trading is done in the emerging markets,” says Bhatia. “In emerging markets there has been arbitrage opacity. We are moving to arbitraging intelligence.” Helping Aspiring Traders Launch Their Careers TrakInvest currently has 50 sponsored internships lined up to offer to the top student performers over the next few months. So far, 15 of TrakInvest’s top traders have landed internships in Hong Kong and Singapore at Thomson Reuters, Religare and TrakInvest’s office, and TrakInvest is finalizing details with banks in Singapore and Hong Kong. Interns are picked based on their portfolio performance, research and discussions on the site. A former JP Morgan Partners principal and managing director at AIG, Bhatia began thinking about creating a combination virtual trading community/talent discovery platform after returning to Asia and serving as a mentor to university students. Many had trouble finding the internships they needed to launch a financial career. “When I became independent and set up my own businesses, I started trading equities much more actively. I also saw a number of inefficiencies,” he says. “I built this for my own personal use]]> <![CDATA[Zycraft joins IMRF and unveils unmanned SAR USV design]]> <![CDATA[Marketplace App Carousell Raises $800K Seed Round Led By Rakuten]]> Carousell, a Singapore-based consumer-to-consumer marketplace app for iOS and Android, has raised a $1 million SGD (about $800,000 USD) seed round led by Rakuten. Other investors include Golden Gate Ventures, 500 Startups, Danny Oei Wirianto and Darius Cheung. The startup will use its funding to expand into Indonesia and Malaysia before tackling other Southeast Asian markets.]]> <![CDATA[Quiznos Finds Financial Foothold in Emerging Asian Markets]]>