BEIJING (CAIXIN GLOBAL) – China’s gross domestic product (GDP) growth is expected to slow even further in the fourth quarter, as outbreaks of Covid-19 across the country, power shortages, surging […]
“I’d rather be lucky than be smart!” A lecturer in fund management for my Master of Science in Applied Finance course used to repeat this mantra in class. He used […]
(BLOOMBERG) – Hit TV series Squid Game may be exciting to watch, but its focus on the woes of the working class in South Korea is hitting too close to […]
(NYTIMES) – Odd-job worker Kermit Warren had about US$30,000 (S$40,600) cash on him when he flew from New Orleans to Ohio to buy a truck for a recycling business. What […]
(NYTIMES) – You are expected to do much of the holiday shopping online this year even as the pandemic recedes, and it is expected that criminals will be following along. […]
(NYTIMES) – When you buy shares of a publicly traded company, you’re a part owner and, in theory, have a right to vote on some important matters that come before […]
NEW YORK (AFP) – Wall Street closed the week on an upbeat note on Friday (Nov 12), brushing off data showing consumer sentiment fell to a 10-year low amid rising […]
SINGAPORE – Digital payments and settlements have been around for a long time; even private digital currencies are now more than a decade old. Energised by rapid advances in connectivity, […]
NEW YORK (REUTERS) – Tesla’s chief executive officer, Elon Musk, sold another block of company shares worth about US$700 million (S$946 million), filings showed on Friday (Nov 12), as the […]
NEW YORK (REUTERS) – The number of Americans voluntarily quitting their jobs rose to a record high in September while job openings stayed stubbornly above pre-pandemic levels, a sign that […]
BENGALURU (REUTERS) – South-east Asia’s largest ride-hailing and food delivery firm Grab Holdings on Thursday (Nov 11) reported a net loss of US$988 million (S$1.34 billion) for the July-September quarter, […]
LONDON (BLOOMBERG) – The British Chambers of Commerce said 80 per cent of UK businesses are feeling the effects of higher prices as well as shortages of goods and workers, […]
NEW YORK (BLOOMBERG) – Economists are getting a dose of humility on forecasting inflation after a resurgent coronavirus, a tenuous global supply network and stimulus-fueled consumers combined to send US […]
BEIJING (BLOOMBERG) – China’s economy likely continued to weaken across the board in October with little signs of bottoming out. A set of key economic data to be released on […]
BENGALURU (REUTERS) – Asia-focused insurer AIA Group posted a 4 per cent jump in its quarterly value of new business (VONB) on Friday (Nov 12), as it continues to recover […]
NEW YORK (BLOOMBERG) – Tesla chief executive officer Elon Musk exercised 2.15 million stock options in the electric car-maker, and then sold stock, shortly after he held a vote over […]
WASHINGTON (BLOOMBERG) – After US prices climbed by the most in three decades, there’s even worse news ahead for households and policy makers: Inflation likely has further to rise before […]
NEW YORK (REUTERS) – Oil prices slumped on Wednesday (Nov 10), hit by a surge in the United States dollar after US President Joe Biden said his administration was looking […]
NEW YORK (BLOOMBERG) – Property developer China Evergrande Group looks set to avert another default in its biggest test since its debt crisis began. Customers of international clearing firm Clearstream […]
NEW YORK (AFP) – United States shares fell sharply on Wednesday (Nov 10) after consumer inflation hit a 30-year high, and as investors headed for the exits after a streak […]
