Pay $272k to return to life decades after death?
(NYTIMES) – When an 87-year-old California man was wheeled into an operating room just outside Phoenix last year, the pandemic was at its height and […]
Category: Business
How a green future could look like
(BLOOMBERG) – It’s just after 5pm on Friday in late July 2035. You’re driving home from work in your electric car. It’s peaceful – more […]
Will making salary public boost fairness?
(NYTIMES) – Ms Carolyn Kopprasch earns US$225,000 (S$306,000) a year. Ms Maria Thomas makes US$267,890. Then comes Ms Darcy Peters with a salary of US$105,143. […]
Losing money is bad for the heart, says study
(BLOOMBERG) – You probably know this already – high-risk investments are not for the faint-hearted. But what you may not know is that the ups […]
Dow ends above 35,000 for first time as US stocks hit records
NEW YORK (AFP) – US stocks rocketed to fresh records on Friday (July 23), with the Dow finishing above 35,000 for the first time, in […]
Growth in Singapore private home prices slows to 0.8% in Q2 amid tighter Covid-19 measures
SINGAPORE – The growth in Singapore’s private home prices cooled in the second quarter of this year, due to a pullback in landed housing prices […]
Singapore office rents up 1.3% in second quarter; islandwide vacancy rises to 12.6%
SINGAPORE (THE BUSINESS TIMES) – The Urban Redevelopment Authority’s (URA) rental index for office space in Singapore’s central region rose 1.3 per cent in the […]
SGX expands forex trading reach with $171 million acquisition of MaxxTrader
SINGAPORE – Singapore Exchange (SGX) is acquiring foreign exchange (FX) trading platform MaxxTrader to expand its reach in the FX space and support its position […]
Australia’s Crown Resorts loses $12 billion lifeline as shutdown hangs over casinos
SYDNEY (BLOOMBERG) – Crown Resorts, facing a potential shutdown of its entire Australian casino empire, lost a lifeline on Friday (July 23) after its closest rival […]
China crypto miners plot their next moves to evade crackdown
BEIJING (BLOOMBERG) – The title of the forum was arcane even by cryptocurrency standards: Web 3.0 Blockchain Application Cum Computing Power Overseas and Distributed Storage […]
Sabana Reit to remove Shariah compliance requirement
SINGAPORE – Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Reit) will no longer be bound by the requirement for its business to be managed […]
Qantas domestic capacity running below 40% of pre-Covid-19 levels due to lockdowns
SYDNEY (REUTERS) – Qantas Airways’ domestic capacity has fallen to less than 40 per cent of pre-Covid-19 levels due to lockdowns in three Australian states, […]
Australian regulator to probe Amazon, eBay and other online markets to ensure fairness
SYDNEY (REUTERS) – The Australian antitrust regulator on Thursday (July 22) kicked off an inquiry into the local units of Amazon.com, eBay and other online […]
UBS hikes junior bankers’ pay to US$100,000, following Wall Street rivals
NEW YORK (BLOOMBERG) – UBS Group is lifting salaries for junior bankers, associates and directors in the United States, making it the latest financial firm […]
Temasek defends green goals as it backs Singapore Airlines, Sembcorp Marine
SINGAPORE (BLOOMBERG) – It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that’s exactly what Singapore’s investment company, Temasek, is […]
Evergrande contagion risk rises as stock, bonds sink to new lows
HONG KONG (BLOOMBERG) – Fresh signs of a cash crunch at China Evergrande Group sent shares and bonds of the world’s most indebted developer to […]
Central banks, wealth funds going greener and more activist: Survey
LONDON (REUTERS) – The Covid-19 pandemic is accelerating a shift by central banks and sovereign wealth and public pension funds to greener and more activist […]
CapitaLand’s Ascott sees over 40% unit growth, boosted by record signings in Vietnam
SINGAPORE (THE BUSINESS TIMES) – The Ascott has secured over 8,300 units across more than 30 properties in the first seven months of 2021, marking […]
BHP considering exit from oil and gas, in retreat from fossil fuels: Sources
LONDON (BLOOMBERG) – BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, […]