Did you miss out on vacation this year? You’re not alone
NEW YORK (NYTIMES) – In a typical year, New York employees of the magazine publisher Condé Nast must use their vacation days before late December or lose them – a […]
Tesla’s dominant position in China could be threatened next year
BEIJING (BLOOMBERG) – Tesla is coming to the end of its first year selling China-made cars with a commanding position in the world’s biggest electric-vehicle (EV) market, but Elon Musk […]
Hong Kong Exchange finding it tough to appoint a new CEO
HONG KONG (BLOOMBERG) – In a Hong Kong transformed by China’s crackdown on everything from political dissent to the media and judiciary, picking a new top boss for the financial […]
Wall Street climbs to record as fiscal aid bill signed
NEW YORK (REUTERS) – US stocks rallied on Monday (Dec 28), with each of Wall Street’s main indexes closing at record levels as President Donald Trump’s signing of a long-awaited […]
Once a billionaire factory, South Korea’s beauty industry turns ugly
SEOUL (BLOOMBERG) – Three years ago, Suh Kyung-bae was the second-richest person in South Korea. Today he’s barely Top 10, a stark reversal in a K-beauty boom known for minting […]
Chinese banks to feel fund-raising pain as investors fear bad loans
BEIJING (REUTERS) – Chinese banks are expected to face headwinds raising funds next year as profit-conscious investors cling to the sidelines, expecting a wave of bad loans to hammer the […]
China tells Ant to return to its roots in payments services
BEIJING • Chinese regulators have ordered billionaire Jack Ma’s online financial titan Ant Group to return to its roots as a provider of payments services, threatening to throttle growth in […]
NTUC Income to double its licensed financial advisers
Insurer NTUC Income plans to double its licensed financial advisers in the next few years, as part of a broader effort to transform the business and reach out to younger […]
No swift recovery in 2021, but Singapore job market on the mend
SINGAPORE – Hopes for a better 2021 are aplenty, but recovery for the labour market is likely to be protracted, experts say. Although the latest quarterly labour market data released […]
How Tesla is jolting the US stock market
(NYTIMES) – Forget bitcoin. If you are looking for a more tangible investment on technology, how about electric cars? The stock market has never seen anything quite like Tesla. Led […]
Give financial advice? I’ve lost so much money, it’s not funny
I was recently asked by the Invest Editor to give an interview for the Me And My Money column. Why me, I thought? I’m terrible with numbers and have no […]
Invest’s top 20 resale condos
Marina One Residences at Marina Way PHOTO: m+S Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive […]
askST: What can you do if a potential employer discriminates against you, including over your age?
A: You can report discriminatory job adverts or hiring practices to the Tripartite Alliance for Fair and Progressive Employment Practices (Tafep) using the form here. Tafep works closely with the […]
Good to buy homes with the ‘wow’ factor
When someone asks for property buying tips, I always offer this bit of advice – buy one that will have no trouble finding buyers easily next time. This seems like […]
Cryptocurrency XRP dives as Ripple faces SEC charges
NEW YORK • Cryptocurrency XRP crashed on Wednesday after the US Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with conducting a US$1.3 billion (S$1.7 billion) unregistered securities […]
UOB raises Christmas cheer with 2,000 gifts for children
Children from underprivileged backgrounds have been receiving Christmas presents as part of a campaign by UOB to brighten up the festive season. The scheme involves encouraging bank customers to buy […]
Pharma industry drives rebound in factory output
As a year weighed down by the coronavirus pandemic drew to a close, Singapore’s manufacturing industry rebounded last month, partly because the pharmaceutical segment grasped the opportunities created by the […]
Company Briefs: AMTD International
AMTD International Investment banking firm AMTD International, which is dual-listed in New York and Singapore, has promoted Mr William Fung to chief executive, succeeding Mr Calvin Choi. This is in […]
Watershed year for Singapore’s economy
Singapore’s economy saw its worst recession since independence this year, with global supply and demand battered by the coronavirus pandemic. While the Republic’s industries have seen some signs of recovery […]
Cryptocurrency XRP crashes after US regulator charges Ripple
NEW YORK (REUTERS, BLOOMBERG) – Cryptocurrency XRP dived on Wednesday (Dec 23) after the US Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with conducting a US$1.3 billion […]