SAN FRANCISCO (AFP, REUTERS) – Facebook beat Wall Street expectations for both quarterly revenue and profit on Wednesday (April 28) but warned that growth later this year could “significantly” decline […]
ISLAMABAD (BLOOMBERG) – Pakistan International Airlines (PIA) will lay off half of its 14,000 employees, replace some of its fleet and permanently close loss-making routes in a bid to become […]
MANILA (AFP) – The Asian Development Bank (ADB) has raised its growth forecast for developing Asia this year on the rollout of Covid-19 vaccines and the strength of global export […]
TOKYO (BLOOMBERG) – Nomura Holdings suspended a group of senior executives at its investment bank and replaced a top risk official as it reels from billions of dollars of losses […]
NEW YORK (BLOOMBERG) – Microsoft reported quarterly sales and profit that topped analysts’ estimates for a ninth straight quarter, lifted by booming cloud-computing demand. This time, investors weren’t satisfied. Sales […]
NEW YORK (BLOOMBERG, REUTERS) – Google’s results, showing a surge in ad sales related to travel and retail, offered a glimpse of online spending in a post-pandemic world: Businesses are […]
WASHINGTON (REUTERS) – The US Chamber of Commerce on Monday (April 26) warned that the Indian economy – the world’s sixth largest – could falter as a result of a […]
HONGKONG (BLOOMBERG) – Hong Kong home owners may sell as much as HK$150 billion (S$25.6 billion) worth of property this year when residents emigrate to the UK. The city is […]
SEOUL (REUTERS) – South Korea’s economic recovery beat expectations in the first quarter, extending the country’s export-led recovery and as the government maintained support for ailing small businesses. Gross domestic […]
NEW YORK (REUTERS) – Tesla’s quarterly report on Monday (April 26) hit targets qualifying chief executive Elon Musk for two options payouts worth a combined US$11 billion (S$14.6 billion). The […]
SINGAPORE (BLOOMBERG) – Containers piled high on giant vessels carrying everything from car tyres to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking […]
SINGAPORE – The rise of private payment networks and cryptocurrencies is challenging central banks’ control over the flow of money within the financial system, the broader economy and across borders. […]
SINGAPORE – Property owners looking to have a more eco-friendly home may be able to take up a green renovation loan from DBS. The bank said the rate of 2.68 […]
SINGAPORE – A mixed-use project developed by Frasers Property Australia has won praise for its high level of sustainability. Burwood Brickworks in Melbourne has achieved the Living Building Challenge Petal […]
SINGAPORE – If there is one thing that is a constant for equity markets, it is turbulence and volatility. And that proved true last week as key stock indexes bounced […]
SINGAPORE – Mount Alvernia Hospital has consistently been praised by insurers for charging the lowest among all private hospitals here because it does not see itself as a profit centre. […]
(NYTIMES) – Ms Dani Rizzo and Mr Adam Hoyt are diligently saving for retirement. They are putting away money each month and monitoring their investments. They are looking ahead, as […]
(NYTIMES) – For those lucky enough to have saved more money in the past year, the next question is: What should you do with it? The big secret to being […]
(BLOOMBERG) – Mr Ulf Erlandsson is not your typical climate campaigner: He prefers the trading desk to the picket line. He pushed Amundi, Europe’s largest asset manager, into divesting bonds […]
(NYTIMES) – How does a country deal with climate disasters when it is drowning in debt? Not very well, it turns out. Especially not when a global pandemic clobbers its […]
