TOKYO (REUTERS) – US retailer Walmart has agreed to sell most of Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten in …
India to fly in medical staff, ramp up testing amid rising Covid-19 cases in Delhi
CHENNAI (REUTERS) – India will fly doctors in from other regions, double the quantity of tests carried out and ensure people wear masks in efforts …
Seven dead in Hong Kong apartment fire: Officials
HONG KONG (AFP) – Seven people were killed and several others were injured when a blaze tore through an apartment in Hong Kong on Sunday …
Preserving wealth with gold you can touch
This is what more than $4 million worth of gold looks like. In all, these two stacks of pure gold bullion comprise 50 pieces, each …
Singlife CEO channels funds to where he can add value
Cars may be depreciating assets in Singapore and are generally regarded as a poor investment from a financial standpoint, but Singlife founder and group chief …
How parents can plan for their kids
Children’s happiness is often linked to the financial preparedness of their parents, and what is worrying is that a survey conducted by Income found that …
Older interns impress with growth mindset
When Robert De Niro’s 70-year-old character takes up an internship at an e-commerce fashion start-up in the movie The Intern (2015), he starts off needing …
Q: My employer owes me several months’ worth of salary and says he cannot afford to pay me yet because business is really bad due to Covid-19. What should I do?
A: Under the Employment Act, your employer must pay your salary within seven days after the end of a salary period, which cannot be longer …
India Love Project – an online repository of acceptance and hope
NEW DELHI – A Hindu woman happily married to a Muslim man for nearly 20 years, Ms Priyadarshini Narendra felt exasperated by the fallout around …
Wall Street ends volatile week with gains, S&P at record
NEW YORK (AFP) – After an unpredictable week, Wall Street finished Friday (Nov 13) on a high note, shrugging off concerns over the surge in …
Saving Christmas from Covid-19 critical for Britain’s economy
LONDON • Britain knows Christmas is coming when John Lewis Partnership launches its television ad. Selling the season as a time for acts of charity …
Semiconductor firms face hiring challenges even amid sector boom
The semiconductor sector is booming and continues to offer good job opportunities despite the economic downturn caused by the Covid-19 pandemic. But the problem is …
Vaccine not immediate cure to economic risks, Fed chief warns
WASHINGTON • Three of the world’s top central bankers warned on Thursday that the prospect of a Covid-19 vaccine is not enough to put an …
Malaysia’s economy shrinks less than forecast in Q3
KUALA LUMPUR • Malaysia’s economy shrank by less than expected in the third quarter from a year earlier as consumers increased spending and businesses resumed …
Why is China regulating Big Tech now?
HONG KONG (BLOOMBERG) – Governments around the world put out consultation papers all the time. But only in China can one vaguely worded, 22-page document …
US airlines to end year with 90,000 fewer workers
NEW YORK (AFP) – Hit with a collapse of demand, US airlines will end the year with the lowest number of workers since at least …
Singapore Airlines prices $850m five-year convertible bonds at 1.625%
SINGAPORE (THE BUSINESS TIMES) – The new $850 million five-year convertible bonds by Singapore Airlines (SIA) will carry a coupon of 1.625 per cent per …
A third of the world’s air routes have been lost due to Covid-19
SYDNEY (BLOOMBERG) – Before the coronavirus, a decades-long aviation boom spawned a network of nearly 50,000 air routes that traversed the world. In less than …
Fed chief warns vaccine not immediate cure to economic risks with Covid-19 resurgence
WASHINGTON (BLOOMBERG) – Three of the world’s top central bankers warned on Thursday (Nov 12) that the prospect of a Covid-19 vaccine isn’t enough to …
South Korean Edtech company Probo launches Probo Connect robotics curriculum in South East Asia
Korean company Probo’s robotic educational products help children learn the science behind robots with fun activities. Seoul, Korea – Learning with robotics can foster children’s …