China home sales plunge as Evergrande crisis deters buyers
BEIJING (BLOOMBERG) – China’s residential property slump dragged on last month as the debt crisis at China Evergrande Group spread to other developers, keeping buyers […]
Category: Business
Hong Kong muscles in on Singapore’s China stock futures monopoly
SINGAPORE (BLOOMBERG)- Hong Kong is starting futures contracts that make it easier for international investors to bet on mainland Chinese stocks, intensifying rivalry between the […]
Singapore non-oil export growth rises to 12.3% in September, higher than expected
SINGAPORE – Singapore’s non-oil domestic exports (Nodx) expanded at a faster pace last month from August, helped by growth in both electronics and non-electronics shipments. […]
Singapore-based operator to launch maiden data centre in Batam
SINGAPORE – Data Center First, a Singapore-based company, announced on Monday (Oct 18) that it would launch its maiden data centre in the Indonesian island […]
New Zealand inflation surges to fastest pace in 10 years
WELLINGTON (BLOOMBERG)- New Zealand inflation surged to the fastest pace in 10 years in the third quarter, reinforcing bets that the central bank will keep […]
SIA sees moderate uptick in September passenger traffic on VTL tailwind
SINGAPORE (THE BUSINESS TIMES) – The vaccinated travel lane (VTL) arrangement has helped to lift demand for Singapore Airlines (SIA), as the designated carrier for […]
Evergrande CEO in Hong Kong for restructuring, asset sale talks: Sources
HONG KONG (REUTERS, BLOOMBERG) – Evergrande Group’s chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and […]
These homes are built with big 3D printers
(NYTIMES) – Mr Pedro Garcia Hernandez is a carpenter in the south-eastern Mexican state of Tabasco, a rainforest-shrouded region of the country where about half […]
Russian billionaire eyes modular housing take-off
(BLOOMBERG) – Russian billionaire Sergey Gordeev, whose PIK Group surged nearly 140 per cent this year to become Europe’s most valuable home builder, thinks his […]
Cryptocurrency at a crossroads: What’s next for Singapore?
Crypto at the crossroads as S’pore okays firms offering digital payment token services The cryptocurrency revolution has been gathering pace of late and looks set […]
How to trade in digital currencies and what are the risks
A: Digital assets are issued and transferred using blockchain technology. They include private cryptocurrencies, central bank digital currencies and non-fungible tokens. Private cryptocurrencies are digital […]
Stuck at home and jobless, 26-year-old found passive income in crypto
SINGAPORE – When the pandemic hit last year and left Mr Ng Yu Jie stuck at home without a job, a seemingly improbable solution popped […]
Man’s digital wallet wiped out after he left crypto trading to robot
SINGAPORE – “Buy low, sell high” was a strategy that worked a treat for Derrick when he started trading in cryptocurrency two years ago, so […]
US poised to allow its first Bitcoin futures ETF to begin trading
NEW YORK (BLOOMBERG) – The Securities and Exchange Commission (SEC) is poised to allow the first United States Bitcoin futures exchange-traded fund (ETF) to begin […]
ESR-Reit, ARA Logos propose $1.4 billion merger
SINGAPORE (THE BUSINESS TIMES) – The managers of ESR-Reit and ARA Logos Logistics Trust (ARA Logos) have proposed a $1.4 billion merger, where ESR-Reit will acquire […]
China GDP data to show hit from property to energy crises
BEIJING (BLOOMBERG) – China’s economy is being hit from all sides – a property slump, energy crisis, weak consumer sentiment and soaring raw material costs […]
Global economy caught in perfect storm as prices soar
LONDON/TOKYO (REUTERS) – From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the pinch from the surge in costs […]
Welcome to Britain, the bank scam capital of the world
LONDON (REUTERS) – It was an e-mail offering a discount on an electric toothbrush that began the sequence of events that ruined Anna’s life. Within […]