Singapore / DPA The contract to build a four-in-one rail and bus depot in Singapore- said to be the world’s first such facility – has been awarded to South Korea-based GS Engineering & Construction Corporation for around US$1.46 billion. The East Coast Integrated Depot will contain three train depots and one bus depot within a single site of 36ha. It ...

Bloomberg President Barack Obama is in Cuba, and Silicon Valley is tagging along for the ride. Executives from several technology companies are traveling with the U.S. president on his goodwill tour or introducing new business initiatives focused on the island—or both. Among the companies joining the Cuba parade this week are Google parent Alphabet Inc., Airbnb Inc., PayPal Holdings Inc., ...

Bloomberg A gauge of the dollar dropped, halting a two-day advance, as comments by Federal Reserve officials suggesting the central bank may raise interest rates as soon as next month failed to boost the U.S. currency’s appeal. The dollar weakened against most of its major peers as traders saw only a 10 percent probability of a U.S. rate hike in ...