NEW YORK (NYTIMES) – When times were flush for the property developer China Fortune Land, it bought a trophy soccer club and recruited star athletes from Argentina. These days, the […]
NEW YORK (BLOOMBERG) – General Electric’s break-up raises the question of how many remaining conglomerates will be able to avoid the same fate. GE, an iconic business built over decades […]
HONG KONG (BLOOMBERG) – China Evergrande Group is facing its biggest payment test since signs of a liquidity crisis emerged at the firm five months ago. Investors are waiting to […]
CHICAGO (REUTERS) – General Electric will split into three public companies as the storied US industrial conglomerate seeks to simplify its business, pare down debt and breathe life into a […]
NEW YORK (AFP) – Major US stock indices dropped at the close of trading on Tuesday (Nov 9), ending a streak of record-setting sessions as traders digested the latest sign […]
SINGAPORE/BENGALURU (REUTERS) – Tesla chief Elon Musk’s Twitter poll proposing to sell a tenth of his holdings in the electric carmaker shaved around US$60 billion (S$80.9 billion) off the company’s […]
NEW YORK (BLOOMBERG) – Bitcoin jumped past US$67,000 for the first time to a new all-time high, part of a wider recent rally in the cryptocurrency sector. The world’s largest […]
SINGAPORE – Interest rates on loans and fixed-income yields may remain low for a while more after some of the world’s most influential central banks recently decided to temper expectations […]
NEW YORK (AFP) – US cyber-security firm McAfee announced on Monday (Nov 8) that it will be sold to a group of investors for more than US$14 billion (S$18.9 billion), […]
WASHINGTON (BLOOMBERG) – The United States Federal Reserve is warning that prices of risky assets keep rising, making them more susceptible to perilous plunges if the economy takes a turn […]
SINGAPORE (BLOOMBERG) – Singapore’s financial watchdog is turning to regulation and technology to tackle so-called “greenwashing,” which it considers the weakest link in the push to expanding sustainable finance. Banks […]
SINGAPORE (THE BUSINESS TIMES) – Hot pot chain giant Haidilao International Holding said it will be shutting down or suspending the operations of around 300 poorly performing restaurants, after having […]
SINGAPORE – Information technology (IT) infrastructure may sound bland and businesslike, but a hospital’s computer network is a lifesaver. When Covid-19 struck last year, Singapore’s health tech agency – Integrated […]
SINGAPORE – The United States Congress’ passing of the US$1 trillion (S$1.35 trillion) infrastructure Bill proposed by President Joe Biden is one of the biggest positive market news coming through the […]
The 1970s was a time of disco music and social movements but also a period of economic upheaval and market chaos. Stagflation struck, causing economic growth to plunge and unemployment […]
SINGAPORE – Many of us donate to charity and likely want to do more but there is always one question eating away at us: Which one really deserves our hard-earned […]
In so many ways, the success story of Mr Muhammed Aziz Khan, chairman of Summit Group, Bangladesh’s largest infrastructure conglomerate, is interwoven with the modern history of his country. Soon […]
(BLOOMBERG) – When a twenty-something Park Kwan Ho created the Legend Of Mir more than two decades ago, he was driven mostly by his love for online gaming. Now at […]
(NYTIMES) – When her phone buzzed on June 6, Ms Iole Lucchese was still absorbing a shock that had come the day before. Her long-time boss M. Richard Robinson Jr, […]
(NYTIMES) – Introducing your child to the real-world use of money often means hacking together half-baked solutions: jars stuffed with bills combined with repeated trips to the ATM and teenage […]
