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Asia
Sustainability
Infrastructure development key to Asian growth, says Teo Chee Hean
SINGAPORE (Aug 19): Collaborative infrastructure development can help unlock Asia’s growth potential, even as the region struggles with environmental vulnerability and growing income disparity, says Senior Minister Teo Chee Hean.
August 19, 2019
Online privacy
Facebook sues Asian developers over malware on Android apps
(Aug 7): Facebook Inc sued two Asia-based developers for allegedly planting malware on Android apps that robotically clicked on ads to inflate revenue.
August 07, 2019
Company in the news
Netflix plunges after biggest stumble in streaming era
(July 22): Netflix shocked investors by reporting a drop in US customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.
The shares plunged 11% to about US$323 in pre-mar
July 19, 2019
Global Economy
State Street's investor confidence index up 8.2 points to 87.6 as central banks turn dovish
SINGAPORE (June 27): The State Street Investor Confidence Index (ICI) has increased to 87.6, up 8.2 points from May’s revised reading of 79.4 – a reflection of how investors across all regions investors across all regions have an improved appetite for
June 27, 2019
Global stocks
EPS growth of global markets likely to slow from 16% to 5%: Citi 2H outlook
SINGAPORE (June 25): Diversify your investments; Don’t time the markets; and look at opportunities in Emerging Markets, says Citi Private Bank in its mid-year outlook report.
June 25, 2019
Property
KKR raising first Asia real estate fund, targeting US$1.5 billion
HONG KONG (Mar 21): Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting US$1.5 billion ($2 billion) as it looks to deepen its real estate portfolio in the region, said people with knowledge of the matter
March 21, 2019
Careers & Training
Singapore's workforce faced with conservative salary increments; less likely to enjoy bonuses in 2019: Hays
SINGAPORE (Mar 5): Companies in Singapore are predicting conservative salary increases in the year ahead after a stagnant 2018, finds a recent research report by recruitment specialist Hays.
March 05, 2019
Property
Property markets from Hong Kong to Sydney join global downturn
HONG KONG/SHANGHAI (Jan 4): Asia is finally succumbing to the global property slowdown that’s jolted homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong and Australia showing fresh signs of softening.
January 04, 2019
Swiss private banks urged to find partners in ‘complex’ world
SINGAPORE (Oct 1): Switzerland’s diminishing band of mid-sized private banks should consider teaming up with other firms to expand in Asia and tap into the business of managing the wealth of the region’s millionaires, according to the chairman of the
October 01, 2018
Succession planning
After amassing $30 tril, Asia's rich face succession pains
(Sept 26): Having a grandfather with four wives can make for some complex succession issues, as Cheong Wing Kiat found when running his family’s Singapore-based drug company a few years ago.
September 26, 2018