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Temasek’s investee company Chesapeake crashes to $2.05bn loss

Temasek’s investee company Chesapeake crashes to $2.05bn loss

(1 Nov) - Beleaguered land explorer Chesapeake Energy fell to a $2.05bn third-quarter loss on huge impairment charges, hedging losses and low natural gas prices, the company said Thursday. In the three months to September, the company took a $2.02 billion writedown on oil and gas properties, a $63 million charge in natural... 

Singapore Managers Turn Delivery Men in Labor Crunch

Singapore Managers Turn Delivery Men in Labor Crunch

Office workers walk through the central business district during lunch in Singapore. (2 Nov) - At Pine Garden’s Cake Pte., Wei Chan used to have three drivers delivering chocolate and martini-flavored cakes around Singapore. Now, the head of the company transports the goods himself because he can’t get enough workers. A... 

Zimbabwean dictator makes another secret visit to S’pore to see doctor

Zimbabwean dictator makes another secret visit to S’pore to see doctor

Zimbabwe President Mugabe (2 Nov) - PRESIDENT Robert Mugabe last week used the World Energy Forum in Dubai as an opportunity to secretly go for a medical check-up in Singapore. Although there is no official confirmation of him having visited Singapore, the Zimbabwe Independent has established that Mugabe visited the Far East... 



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