TOKYO (AFP) – Tokyo’s key Nikkei 225 index plunged more than 2 per cent at the open on Tuesday (Sept 21), extending Wall Street falls on …
India gives record 22 million Covid-19 shots for PM Narendra Modi’s birthday
NEW DELHI (AFP) – India on Friday (Sept 17) made a record 22 million coronavirus jabs in a day as part of a special vaccination …
Japan’s new richest person builds $51.3 billion automation fortune
TOKYO (BLOOMBERG) – Takemitsu Takizaki, the founder of electronic-sensor maker Keyence Corp, has overtaken Uniqlo billionaire Tadashi Yanai to become Japan’s richest person. Mr Takizaki …
Asia’s fashion showcase CENTRESTAGE concludes
HONG KONG, Sep 13, 2021 – (ACN Newswire via SEAPRWire.com) – Asia’s premier fashion event CENTRESTAGE, organised by the Hong Kong Trade Development Council (HKTDC) …
Office air quality affects workers’ cognitive function: Study
WASHINGTON (AFP) – Feeling sluggish at work? Poor ventilation and pollution might play a part. A new study by scientists at Harvard has found that …
US stocks fall again in ‘exhausted’ market
NEW YORK (AFP) – Wall Street stocks ended lower again on Thursday (Sept 9) as markets weighed better employment data against uncertainty over United States …
Bitcoin drops to lowest in month as El Salvador roll-out falters
NEW YORK (BLOOMBERG) – Bitcoin plunged as much as 17 per cent to its lowest level in a month as El Salvador’s crypto roll-out got …
Oil rises as Hurricane Ida pounds US crude patch Louisiana
REUTERS (TOKYO) – Oil prices rose around 1 per cent on Monday after a powerful hurricane ploughed through the Gulf of Mexico, forcing shutdowns and …
How climate-focused are sovereign funds?
(REUTERS) – Risks don’t come much longer term than climate change, so you might expect sovereign wealth funds (SWFs) to be all over it, as …
Equities gain, US dollar falls; Fed seen less eager to taper
NEW YORK (REUTERS) – Global equity markets rose while the US dollar dipped on Monday (Aug 23) as investors grew less concerned that the Federal …
Costly electric cars deter drivers from switching
(NYTIMES) – Mr Robert Teglia bought a Tesla Model 3 sedan even though he knew it cost more than many luxury cars. The commercial real …
People now spend more at Amazon than at Walmart
SEATTLE (NYTIMES) – Amazon has eclipsed Walmart to become the world’s largest retail seller outside China, according to corporate and industry data, a milestone in …
Evergrande bonds sink as S&P analysts warn of ‘downward spiral’
NEW YORK (BLOOMBERG) – China Evergrande Group bonds dropped toward record lows, with S&P Global Ratings warning of a potential “downward spiral” as creditors lose …
An industry at a crossroads – reimagining the automobile company
HONG KONG, Aug 4, 2021 – (ACN Newswire via SEAPRWire.com) – The automotive industry is at a crossroads. Traditional automakers, or original equipment manufacturers (OEMs), …
Tencent shares plummet on fears of China gaming crackdown
SHANGHAI (REUTERS) – China’s Tencent Holdings said on Tuesday (Aug 3) it would further curb minors’ access to its flagship video game, hours after its …
US stocks fall on Delta worries, profit taking
NEW YORK (AFP) – Wall Street stocks fell on Friday (Juy 30), concluding the week on a lackluster note on worries about the Delta variant …
Will making salary public boost fairness?
(NYTIMES) – Ms Carolyn Kopprasch earns US$225,000 (S$306,000) a year. Ms Maria Thomas makes US$267,890. Then comes Ms Darcy Peters with a salary of US$105,143. …
Battery tycoon charges ahead in wealth rankings
(BLOOMBERG) – Looks like selling car batteries is a better business than e-commerce and fintech combined. After all, Dr Zeng Yuqun, founder of the world’s …
India’s most populous state seeks to promote two-child policy
NEW DELHI (REUTERS) – India’s most populous state, Uttar Pradesh, has proposed legislation that aims to discourage couples from having more than two children, becoming …
GIC-backed Bukalapak hikes IPO target to over $1.35 billion on strong demand: Sources
SINGAPORE (REUTERS) – Indonesian e-commerce firm Bukalapak is targeting raising more than US$1 billion (S$1.35 billion) in its IPO, 25 per cent more than previously …