SINGAPORE – All eyes have been on China lately. Beijing’s new vision to achieve “common prosperity” is raising alarm over a broader, longer-lasting regulatory crackdown and a vast wealth redistribution. […]
WASHINGTON (NYTIMES) – Expanded unemployment benefits that have kept millions of Americans afloat during the pandemic expired on Monday (Sept 6), setting up an abrupt cutoff of assistance to 7.5 […]
LONDON (REUTERS) – Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to […]
WASHINGTON (BLOOMBERG) – Goldman Sachs Group economists revised down their forecast for growth in the United States economy this year, pointing to a “harder path” ahead for the American consumer […]
SAN SALVADOR(REUTERS, BLOOMBERG) -El Salvador holds 400 Bitcoins, President Nayib Bukele said on Monday (Sept 6), one day before the country formally adopts it as legal tender alongside the United […]
In times of economic uncertainties, it is almost a no-brainer for investors to turn to safe-haven assets like gold. It may thus seem surprising that many institutional investors – including […]
LONDON (BLOOMBERG) – The green bond market is hotting up again with investors bracing for a potentially record month of sovereign sales. Spain, Colombia and the UK are due to […]
LONDON (REUTERS) – BlackRock, Fidelity, Legal & General, M&G and abrdn are among 125 firms endorsed under Britain’s tougher best practice code to stop “greenwashing” by asset managers, though 64 […]
NEW YORK (BLOOMBERG) – Oil extended losses at the open after Saudi Arabia slashed crude prices for Asian buyers by a larger-than-expected margin just days after Opec+ agreed to continue […]
SINGAPORE – Given all the fears about a tapering by the US Federal Reserve amid an economic recovery, one would have thought the disappointing US jobs report would – in […]
SINGAPORE – Cheques were once a key feature of public servant Victor Lim’s financial armoury but they have become a relic of a bygone age. Paying bills no longer requires […]
SINGAPORE – It has been the best of times and the worst of times for local car dealers as demand accelerates, but a lack of vehicles worldwide has meant sales […]
(NYTIMES) – In my 17 years on Wall Street advising corporate executives on restructurings, leveraged buyouts, and mergers and acquisitions, I was far from God’s gift to the profession. But […]
(NYTIMES) – The climate crisis is at high risk of becoming an economic crisis. That is an increasingly widespread view among leading economic thinkers – that a range of economic […]
(NYTIMES) – In 2014, Mr Scott Hassan, known by some as the third Google founder, sent Ms Allison Huynh, his wife of 13 years, a text message that their marriage […]
Time was when eating fruits was not something that, well, exercised you over much. You peeled a banana, gulped the flesh and looked for a convenient place to dispose of […]
NEW YORK (AFP) – Wall Street stocks shrugged off a disappointing August US jobs report and finished mixed as investors eyed a potentially slower phasing down of monetary stimulus. The US […]
SHANGHAI (REUTERS) – China’s Alibaba Group Holding will invest 100 billion yuan (S$20.8 billion) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant to pledge […]
SINGAPORE (BLOOMBERG) – OCBC Bank is boosting its wealth management and corporate banking staff for Greater China to capture regional business flow from the world’s second-largest economy. South-east Asia’s second-largest […]
NEW YORK (AFP) – Major US equity indices again finished at records on Thursday (Sept 2) following better weekly jobless claim data ahead of the closely-watched August employment report. The […]
