‘We will have to raise prices’: gloom and resolve in Yiwu, on China’s trade war frontline

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: The Monetary Authority of Singapore (MAS) rejected former NTUC Income CEO Tan Suee Chieh's request for a meeting regarding the halted Income-Allianz deal, citing extensive parliamentary discussions on the matter. Tan had previously raised concerns in three open letters about MAS's regulatory oversight, particularly during...

Oversea-Chinese Banking Corp (OCBC) announced it will not pursue another offer to acquire the remaining shares of Great Eastern if shareholders reject the delisting proposal on July 8. OCBC, which currently owns 93.72% of Great Eastern, plans to maintain its non-voting shares to restore free float and trading if the delisting does not proceed. Need More Context? 🔎

Singapore Airlines has cancelled all flights between Singapore and Dubai until June 25 due to security concerns stemming from the ongoing conflict between Israel and Iran. The airline stated it will contact affected customers for rebooking or refunds, as the situation remains fluid and other flights may also be impacted. Need More Context? 🔎

A recent White Paper indicates that over 70% of female employees in Singapore believe menopause-friendly policies would benefit their organizations, yet few companies provide such support. CNA Women emphasizes that addressing menopause in the workplace is not only a women's issue but also a strategic business advantage. Need More Context? 🔎

SINGAPORE has evacuated four citizens from Iran amid the escalating Iran-Israel conflict, with a family of three transported to Muscat, Oman, and another Singaporean evacuated to Turkmenistan with Malaysians. The Ministry of Foreign Affairs is assisting seven additional Singaporeans leaving through the Iran-Armenia border and the port of Bandar Abbas, while advising all citizens in Iran to remain vigilant and consider departing as soon as possible. Need More Context? 🔎

The Ministry of Defence (MINDEF) confirmed that all safety protocols were followed during a live-firing exercise at the Nee Soon 500m Range, where a cyclist was shot while trespassing in a restricted area. The incident, which occurred on June 15, is under investigation, with MINDEF urging public cooperation to avoid restricted zones for safety reasons. Need More Context? 🔎