camila

camila September 26, 2021

SINGAPORE – Many love stories start with the usual courtship rituals, but this boy-meets-girl tale ended especially badly with an unusual twist. That the twist involved money should not come as a total surprise, of course, given the Singapore Dream often involves a property and that in turn always involves big bucks. Please subscribe or […]

camila September 26, 2021

(NYTIMES) – Cryptocurrencies have emerged as one of the most captivating, yet head-scratching, investments in the world. They soar in value. They crash. They’ll change the world, their fans claim, by displacing traditional currencies like the dollar, rupee or ruble. And in the process of simply existing, cryptocurrencies like Bitcoin, one of the most popular, […]

camila September 26, 2021

No one doubts the past 18 months have been rough, not just for ordinary folk coping with a pandemic but also those in the medical system who somehow need to keep their own heads and health through all the trauma. IHH Healthcare – which owns hospitals branded as Parkway, Pantai and Fortis – has been […]

camila September 26, 2021

SINGAPORE – Many of us have more than one credit card, but having piles of plastic does not mean you have more back-up credit lines if you have busted on one. Here are four things about debt you should know. Please subscribe or log in to continue reading the full article. Get unlimited access to […]

camila September 26, 2021

(NYTIMES) – The Federal Reserve’s low interest rate policies and other steps meant to boost the economy are driving the value of stocks and other assets to the moon and thus are a major cause of high wealth inequality. New evidence suggests high inequality is the cause, not the result, of the low interest rates […]

camila September 26, 2021

More individuals and institutions today are looking to generate positive returns for themselves and the world through sustainable investing. This approach of incorporating environmental, social and governance (ESG) factors into investment decisions, once seen as a niche strategy that trades returns for virtuosity, is now mainstream. “While sustainability is not new, the megatrend that has […]

camila September 25, 2021

NEW YORK (REUTERS) – The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike. Athletic wear company Nike’s shares fell 6.3% and were the biggest drag on the Dow and the S&P 500 […]

camila September 25, 2021

Major media company WarnerMedia has opened a regional hub in Singapore and will be launching its premium HBO Max platform in Asia.  This is significant for Singapore’s media companies, said Minister for Communications and Information Josephine Teo at the opening on Friday (Sept 24).  By working with local professionals and companies to produce original content, WarnerMedia […]

camila September 24, 2021

SINGAPORE – Sportsmen have a somewhat different world view from the average businessman: They tend to be perfectionists and display incredible stamina, determination and wherewithal to raise themselves to peak performance. They are also extremely tenacious, focused and goal-oriented and have the patience to see through the process to achieve their objective – to win. […]

camila September 24, 2021

SINGAPORE – The lack of local talent is a big challenge for Singapore businesses in building their workforce, a survey has found. The survey of more than 1,500 business leaders across the Asia-Pacific (Apac) region by workforce solutions provider Persolkelly aimed to find out more about human resource challenges, as well as the rationale behind current […]

camila September 24, 2021

HONG KONG (BLOOMBERG) – FWD, the acquisitive Asian insurer backed by billionaire Richard Li, filed on Thursday (Sept 23) to go public in the United States, confirming an earlier Bloomberg News report. The Hong Kong-based company listed the size of the offering as US$100 million (S$134.8 million), a placeholder that will likely change when the […]

camila September 24, 2021

WASHINGTON (NYTIMES) – When Dr Janet Yellen was Federal Reserve chair in 2014, she faced a grilling from Republicans about whether the federal government had a plan if the nation’s borrowing limit was breached and measures to keep paying the country’s bills were exhausted. Dr Yellen, appearing at a congressional hearing, outlined a dire scenario […]

camila September 24, 2021

BENGALURU (REUTERS) – Nike on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left it with soaring freight costs and products stuck in transit. Months-long factory closures in Vietnam, where about half of all Nike footwear is manufactured, have […]

camila September 24, 2021

SINGAPORE (REUTERS, BLOOMBERG) – China Evergrande slipped toward a kind of limbo on Friday (Sept 24) with bondholders still waiting for information about a key interest payment due on Thursday, leaving global financial markets on tenterhooks over the embattled property giant’s fate. Evergrande shares fell as much as 6 per cent in early trade on Friday, […]

camila September 24, 2021

SINGAPORE (THE BUSINESS TIMES) – More than 70 per cent of Singapore consumers are open to migrating to digital-first banks, signalling strong competition ahead for the incumbents. While traditional banks have been beefing up their digital capabilities, many are still not doing enough to convert customer interest in digital products into digital sales despite higher […]

camila September 24, 2021

SINGAPORE – Retail investors are ready to open their cheque books for the Monetary Authority of Singapore (MAS) bond auction that aims to raise $2.6 billion to fund infrastructure development. The auction for the 30-year Singapore Government Securities (Infrastructure) will be held next Tuesday (Sept 28). Please subscribe or log in to continue reading the […]

camila September 24, 2021

NEW YORK (AFP) – Wall Street stocks climbed for a second session in a row on Thursday (Sept 23), shrugging off disappointing labour data and rallying on improved sentiment about China’s embattled Evergrande and United States monetary policy. Investors are feeling better about Evergrande’s situation following steps by Beijing to avoid a domino effect from […]

camila September 23, 2021

HONG KONG (BLOOMBERTG, REUTERS) – Asian stocks mostly rose on Thursday (Sept 23) as some fears over embattled China Evergrande Group eased and Wall Street weathered the prospect of a reduction in Federal Reserve stimulus as early as November. Stocks in China and Hong Kong rallied, including a surge in the shares of indebted developer […]