SINGAPORE – Manpower and building material costs in the construction sector have spiked since the Covid-19 pandemic began, delaying projects and hitting the cash flow for companies in the supply […]
No one doubts the past 18 months have been rough, not just for ordinary folk coping with a pandemic but also those in the medical system who somehow need to […]
(NYTIMES) – Cryptocurrencies have emerged as one of the most captivating, yet head-scratching, investments in the world. They soar in value. They crash. They’ll change the world, their fans claim, […]
(NYTIMES) – The Federal Reserve’s low interest rate policies and other steps meant to boost the economy are driving the value of stocks and other assets to the moon and […]
(NYTIMES) – Maybe you lost your job. Maybe your hours were cut. Or maybe you had to take over caregiving responsibilities. If your income fell precipitously in the past 18 […]
MUNICH (NYTIMES) – Before the pandemic, German car shows looked like this: Automakers competed to occupy the most floor space. Gleaming new models were unveiled to the accompaniment of cheesy […]
NEW YORK (REUTERS) – The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook […]
Major media company WarnerMedia has opened a regional hub in Singapore and will be launching its premium HBO Max platform in Asia. This is significant for Singapore’s media companies, said […]
HONG KONG (BLOOMBERG) – FWD, the acquisitive Asian insurer backed by billionaire Richard Li, filed on Thursday (Sept 23) to go public in the United States, confirming an earlier Bloomberg […]
WASHINGTON (NYTIMES) – When Janet Yellen was Federal Reserve chair in 2014, she faced a grilling from Republicans about whether the federal government had a plan if the nation’s borrowing […]
BENGALURU (REUTERS) – Nike on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left […]
HONG KONG (REUTERS) – Evergrande US dollar bondholders were still waiting for information about a key interest payment due Thursday (Sept 23) but the property developer was instead expected to […]
SINGAPORE (THE BUSINESS TIMES) – More than 70 per cent of Singapore consumers are open to migrating to digital-first banks, signalling strong competition ahead for the incumbents. While traditional banks […]
HONG KONG (REUTERS) – Impossible Foods is rolling out its meatless pork product in Hong Kong in October and Singapore later in the year as it tries to bolster its […]
SAN FRANCISCO (NYTIMES, BLOOMBERG) – In a rare change to Facebook’s top ranks, Mr Mike Schroepfer, chief technology officer and a long-time executive, plans to step down from his position […]
WASHINGTON (REUTERS, BLOOMBERG) – United States Federal Reserve chair Jerome Powell said on Wednesday (Sept 22) that the debt problems of property developer Evergrande seem particular to China and that […]
NEW YORK (AFP) – Wall Street stocks advanced on Wednesday (Sept 22) following reassurances from China’s Evergrande over its finances, while the Federal Reserve kept interest rates low, as expected. […]
WASHINGTON (AFP) – The Federal Reserve said on Wednesday (Sept 22) that increasing Covid-19 cases have slowed the United States’ economic recovery, but it may nonetheless be ready to “soon” […]
TOULOUSE (REUTERS) – Airbus is in talks with several potential customers for a new A350 freighter while seeing signs of demand for smaller A320 passenger jets in Europe, its sales […]
NEW YORK (NYTIMES) – Google on Tuesday announced it would spend US$2.1 billion to buy a sprawling Manhattan office building on the Hudson River waterfront, paying one of the largest […]
