SINGAPORE: The company behind independent cinema operator the Projector, Pocket Cinema, owes more than S$1.2 million (US$933,300) to creditors, according to an email sent on Tuesday night (Aug 19).

The fall was sharper than the 2.1% contraction expected by economists polled by Reuters. Exports to the U.S. also continued to fall, dropping 10.1% in July. While the effects of the 15% tariffs will ...