Singapore

SINGAPORE (Reuters) - Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to “challenging” oil markets.

Brent crude futures rose 11.36%, or $2.81, to $27.55 as of 0701 GMT, while U.S. West Texas Intermediate (WTI) crude futures increased 10.0% or $2.03, at $22.34.

SINGAPORE, Mar 29 (NNN-CNA) – Singapore has begun penalising people, who refused to adhere to social distancing, in the latest bid to curb the COVID-19.

Beginning Friday, anyone found standing in a queue, or sitting, less than a metre (3.3 feet) from another person, in a public place, can be jailed up to six months or fined up to 10,000 Singapore dollars ($7,000), or both.

SINGAPORE, Mar 28 (NNN-CNA) – It would be “a significant challenge” to hold the Shangri-La Dialogue (SLD) in early June, in view of the COVID-19 outbreak, Singapore Defence Minister, Ng Eng Hen said.

The SLD is held in Singapore in late May or early June, by London-based International Institute for Strategic Studies (IISS). The think tank announced that it would call off this year’s SLD, scheduled for June 5-7.

SINGAPORE (Reuters) - State investor Temasek Holdings and others put together a funding package of up to S$19 billion ($13.27 billion) for Singapore Airlines (SIA) (SIAL.SI) in the single biggest rescue for an airline slammed by the coronavirus pandemic.

The massive financing plan, which drove SIA shares down as much as 10.5% on Friday, underscores the depth of financial trouble for the global airline industry, with nearly one-third of the world’s aircraft already grounded because of the pandemic, according to data provider Cirium.

SINGAPORE (Reuters) - China has begun buying U.S. liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of U.S. goods as part of the Sino-U.S. Phase 1 trade deal, industry sources said.

Importers have rushed to apply for waivers for the 25% tariff to buy the fuel, a by-product from U.S. shale gas production, after Beijing started granting exemptions this month for nearly 700 U.S. goods.

SINGAPORE, March 23 (NNN-BERNAMA) — Singapore Airlines (SIA) will be cutting 96 per cent of the capacity that had been originally scheduled up to end-April, given the further tightening of border controls around the world over the last week to stem the COVID-19 outbreak.

“This will result in the grounding of around 138 SIA and SilkAir aircraft, out of a total fleet of 147, amid the greatest challenge that the SIA Group has faced in its existence,” it said in its website.

Singapore, Mar 22 (PTI) Singapore has reported 47 new coronavirus cases, including 39 imported infections, taking the total number to 432 in the country, officials have said.

The city-state reported two deaths related to the COVID-19 infections on Saturday while 89 foreigners were banned for breaching safety measures.

SINGAPORE, March 20. /TASS/: Russia’s embassy in Indonesia is considering sending charter flights to facilitate the evacuation of Russian nationals, the diplomatic mission told TASS on Friday.

"The embassy has sent a note to the local Foreign Ministry requesting it to urgently extend permission to stay in the country for Russians, who have been forced to remain there due to the cancellation of most flights to Russia," the mission said.

SINGAPORE (Reuters) - Oil prices bounced 8% on Tuesday from the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus amid a price war between Russia and Saudi Arabia and as new virus cases slowed in China.

President Donald Trump on Monday said he will be taking “major” steps to gird the U.S. economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday.

SINGAPORE (Reuters) - Oil prices tumbled by 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about a hit to demand.

Global shares also extended losses as concerns about the impact of the new virus grew, with the number of infections jumping in Iran, Italy and South Korea.

Brent crude was down $1.78, or 3%, to $56.72 a barrel by 0755 GMT, after falling to an intraday low of $56.53 earlier. U.S. crude futures fell by $1.53, or 2.9%, to $51.85.