WELLINGTON (BLOOMBERG)- New Zealand inflation surged to the fastest pace in 10 years in the third quarter, reinforcing bets that the central bank will keep raising interest rates. The currency […]
BEIJING (REUTERS)- China’s economy likely grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat […]
LONDON/NEW YORK/HONG KONG (REUTERS)- Bitcoin topped US$60,000 for the first time in six months on Friday, nearing its all-time high, as hopes grew that United States regulators would allow a […]
LONDON (BLOOMBERG) – People’s Bank of China (PBOC) governor Yi Gang said the authorities can contain risks posed to the Chinese economy and financial system from the struggles of China […]
Pick up Okta, Inc’s latest annual report and on page 18 comes the warning that the company has a history of losses and these will continue in the foreseeable future. […]
(NYTIMES) – As the frenzied real estate market in the United States approached a fever pitch, Ms Bridget Medina jumped into the fray. In doing so, she had a distinct […]
(NYTIMES) – The prices of stocks, bonds and real estate, the three major asset classes in the United States, are all extremely high. In fact, the three have never been […]
(NYTIMES) – Mr Pedro Garcia Hernandez is a carpenter in the south-eastern Mexican state of Tabasco, a rainforest-shrouded region of the country where about half of the residents live below […]
(BLOOMBERG) – Russian billionaire Sergey Gordeev, whose PIK Group surged nearly 140 per cent this year to become Europe’s most valuable home builder, thinks his industry is due for a […]
Crypto at the crossroads as S’pore okays firms offering digital payment token services The cryptocurrency revolution has been gathering pace of late and looks set to shift into a new […]
A: Digital assets are issued and transferred using blockchain technology. They include private cryptocurrencies, central bank digital currencies and non-fungible tokens. Private cryptocurrencies are digital assets that are not issued […]
SINGAPORE – Institutional demand for investments in digital assets continues to rise, and most banks here are taking a sure and steady approach towards cryptocurrency. Caution seems the obvious option, […]
SINGAPORE – When the pandemic hit last year and left Mr Ng Yu Jie stuck at home without a job, a seemingly improbable solution popped into his head – dabble […]
SINGAPORE – “Buy low, sell high” was a strategy that worked a treat for Derrick when he started trading in cryptocurrency two years ago, so he saw no reason to […]
LONDON/TOKYO (REUTERS) – From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the pinch from the surge in costs coursing through the global economy. […]
LONDON (REUTERS) – It was an e-mail offering a discount on an electric toothbrush that began the sequence of events that ruined Anna’s life. Within minutes of entering her card […]
LONDON (BLOOMBERG) – Asia is taking more fuel oil from Europe to help deal with the energy crisis, according to a company that manages hundreds of ocean-going tankers. There has […]
NEW YORK (AFP) – Wall Street stocks shrugged off weeks of lackluster trading and forged higher on Thursday (Oct 14) following strong earnings and better-than-expected economic data. Analysts greeted a […]
A 29-year-old sales executive is behind the creation of a security system that measures your temperature, recognises your face and, among other things, scans your body. And the company behind […]
SINGAPORE – Singapore’s economy expanded at a slower annual pace in the third quarter compared to the previous three-month period when growth was boosted by a low-base effect. Gross domestic […]
