Lion City Life

(Bloomberg) In a change of tone over the world’s two biggest emerging markets, global investors overseeing billions of dollars are slowly starting to favour China over India – reversing a year-long trend that has pushed stocks in opposite directions. BlackRock has upgraded Chinese stocks as policy hurdles ease, saying “the time to position in China […]

(BLOOMBERG) Responsible investing is paying dividends for Australia’s A$3.4 trillion (S$3.3 trillion) pension pot. Funds seen as sustainable leaders controlled 42 per cent of the assets in the nation’s default savings plans last year, up from 28 per cent in 2019, according to the Responsible Investment Association of Australasia (RIAA). The 13 leading funds – […]

Singapore’s property market will end 2021 with its best sales performance in recent years, with prices of private homes rising six consecutive quarters to a historical high in the third quarter of this year. Prices of city fringe condominium units in the Rest of Central Region (RCR) and landed properties reached their peaks last quarter, […]

SINGAPORE – Many people are paying close attention to updates on rules for Covid-19 travel, Ms Liaw Wan Ye among them. As an actuary involved in designing and pricing insurance products, she has to understand what benefits customers want in their travel insurance and whether these need to be updated. Please subscribe or log in […]

(NYTIMES) If groceries, petrol or cars were any part of your budget this year, inflation has hit you hard. Now perhaps you want to keep the gift budget in check. Then again, maybe you haven’t seen your relatives in a long while and you’d rather not be anything less than generous. So here’s a challenge […]

SINGAPORE – A young adult’s first investing venture back in the day might have involved getting mum and dad’s advice on buying a few blue-chip shares but technology is fast making the roboinvestor the primary stop in the investment journey for many. So do these investments managed by algorithms actually reap returns? Please subscribe or […]

(NYTIMES) Justin Bieber performed at a live concert last month, but the show wasn’t in a stadium or arena. Like recent performances from Ariana Grande, the Weeknd and Travis Scott, this concert was held in the metaverse, the online world that stretches the corners of the Internet into immersive, four-dimensional experiences. Fans from all over […]

It’s fine to trust your instincts when making investments but you should always check your hunches against the numbers, says entrepreneur Ong Shu Hwai. The founder and managing director of blinds distributor and fabricator Durablinds believes that ultimately, decisions should be driven by facts, not emotions. Please subscribe or log in to continue reading the […]

SINGAPORE – They might not have the human touch and won’t make you a consoling cup of tea when your shares take a hit but roboadvisers are becoming an increasingly popular for investors. Tech-based solutions have become far more acceptable in the pandemic and its proving no different among investors – especially younger ones – […]

The needs of the vulnerable in Singapore are growing amid a pandemic that never seems to end.  But how, in this time of social distancing, can corporate volunteerism programmes continue giving? Like many other aspects of our lives, they have shifted online. Companies and their employees are seizing opportunities from virtual and skills-based volunteering to […]

NEW YORK (AFP) – The Nasdaq led Wall Street lower on Friday (Dec 3) as stocks concluded a losing week on a downcast note following disappointing results from tech highflyer DocuSign and lacklustre US jobs growth. Investors shunned highly valued tech shares after DocuSign offered a disappointing outlook and signalled that demand for its e-signature business […]

Sending an item from one part of the world to another is now taking longer and costing more, as disruptions continue to choke the global supply chain system. Yet around the world, ordinary people, from truckers to warehouse workers, are keeping things chugging along amid the challenges. The Straits Times examines the situation amid the […]

SINGAPORE – Exports seem to have defied supply disruptions stemming from the pandemic but persistent stress on global supply chains may have ramifications down the line for a trade-dependent economy like Singapore. Inflation is the immediate threat, of course, but another longer-term risk looms for Singapore, given that it is mainly a producer of intermediate […]

BEIJING – Logistics agent Lily Chen now spends most of her work day wrangling for spots on cargo ships leaving China. What used to take less than five minutes now occupies most of her working hours, after Covid-19 threw the shipping industry into chaos. Please subscribe or log in to continue reading the full article. […]

WASHINGTON – If freight trains rumbling across the great American plains are the sinews of the supply chain in the biggest market on the planet, then trucks are its life blood. Normally, an estimated 3.5 million truckers driving 16- and 18-wheel behemoths stitch together America’s supply chain, a complex web from ports to warehouses to […]

SINGAPORE – With just three weeks to go until Christmas, retailers are racing to replenish their stocks of festive items and fighting the supply chain crunch to do so. While many are still sweating over whether their merchandise will arrive in time to catch holiday shoppers, some have learnt from last year’s Covid-19 pandemic disruptions […]

SINGAPORE – One of the biggest challenges – and opportunities – facing the wealth management industry, especially in Asia, is the transfer of inter-generational wealth. As the first-generation creators of wealth reach retirement age, they are starting to restructure their asset holdings. This will add complexity to the wealth management marketplace, says Bank of Singapore […]

HONG KONG (BLOOMBERG) – Chinese tech shares fell near a record low in Hong Kong on Friday (Dec 3), as Didi Global’s US delisting announcement and rising scrutiny on mainland firms listed there dealt a further blow to already soured sentiment on the sector. The Hang Seng Tech Index, which tracks mostly big Chinese technology […]

HONG KONG (BLOOMBERG) – Didi Global has begun preparations to withdraw from United States stock exchanges and will start work on a Hong Kong share sale, a stunning reversal as it yields to demands from Chinese regulators that had opposed its American listing. The ride-hailing giant’s board has authorised the company to file for a […]