HONG KONG (BLOOMBERG) – The future of Ant Group remains up in the air after its dramatic fall from grace. Regulators seem to have stopped …
Gojek in talks with Tokopedia for $23.7 billion merger, sources say
SINGAPORE (BLOOMBERG) – Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned …
Asian shares fall amid uncertainty about Georgia Senate runoffs
TOKYO (REUTERS) – Asian shares edged lower on Tuesday (Jan 5) amid uncertainty about Senate runoffs in Georgia, which could have a big impact on …
Bitcoin falls, bringing dizzying rally to a halt
NEW YORK (BLOOMBERG) – Bitcoin fizzled in trading on Monday (Jan 4) as the famously volatile cryptocurrency pulled back after a spectacular new-year rally. Prices …
China delistings threaten $190 billion US fundraising boom
NEW YORK (BLOOMBERG) – For more than two decades Chinese companies have turned to the US stock market for capital and international prestige, raising at …
Uproar after India’s Covid-19 vaccine is approved before clinical trials end
BANGALORE – India’s indigenously produced Covid-19 vaccine is at the centre of a controversy after it was licensed with clinical trials for effectiveness still incomplete. …
China oil majors may face US delisting after telcos cut
HONG KONG (BLOOMBERG) – Chinese oil majors may be next in line for delisting in the US after the New York Stock Exchange said last …
Opec+ warns of risk to oil recovery from resurgent Covid-19 pandemic
LONDON (BLOOMBERG) – Opec warned of risks to the oil market from the resurgent pandemic, a day before the group and its allies meet to …
Singapore economy shrinks 5.8% in 2020 after contraction eases to 3.8% in Q4: Flash data
SINGAPORE – Singapore’s economy contracted by 5.8 per cent for the whole of 2020, according to the Ministry of Trade and Industry’s (MTI) advanced estimates …
Australia home prices end rocky 2020 on recovery track
SYDNEY (REUTERS) – Australian home prices climbed for a third straight month in December as 2020 ended on a strong note across major cities and …
Buildings, firms in Singapore tap smart tech to monitor operations
SINGAPORE – The pandemic is turbocharging the adoption of smart technologies in commercial buildings and workplaces across the island. Going digital is not only reducing …
Picking the right fund for your money
“The number of things that are true for everyone in finance is small; everything else is just figuring out how much risk you want to …
Luxurious UK homes used for money laundering
Investors are not the only ones who are snapping up all the best homes in London. The UK property market is increasingly a prime target …
How you can make up to $1 million with CPF
To start the new year on a positive note, here are some tips on how you can invest your money so that you can reap …
Considering managed or index funds
Mr Christopher Tan’s obsession with index funds started more than a decade ago. He liked the funds not only because of their lower costs, but …
Me & My Money: Staying invested for the long term is key for veteran investor
SINGAPORE – Investing is about growing your pot of gold, but part of it is also about enjoying what you reap, says investment professional Anubhuti …
MAS will take action if CoAssets unit has breached regulations
The Monetary Authority of Singapore (MAS) will review and take necessary action if CoAssets’ licensed subsidiary – now known as CA Funding – has breached …
Lie back, relax, it’s okay to work from bed
NEW YORK • For years, sleep experts have held one piece of common wisdom above all else: that devices have no place in the bedroom. …
Firms, employees in Singapore make good use of paid leave in a year of no travel
SINGAPORE – With leisure travel grinding to a halt amid the coronavirus pandemic in 2020, many employees in Singapore found themselves in the strange position …
Missed out on vacation last year? You’re not alone
NEW YORK • In a typical year, New York employees of magazine publisher Conde Nast must use their vacation days before late December or lose …