SINGAPORE — Sentosa Island boasts the luxury, five-star Ora and Michael hotels, with palm-tree-lined pools, lobbies flanked with luxury stores, and a casino that adjoins both hotels and buzzes with gamblers. The Singapore resort is also where a group of federal employees from the U.S. Food and Drug Administration were …
The latest nighttime photograph shared by the International Space Station offers a striking view of how human activity shapes the Earth after dark. The image highlights cities across Asia and South America that stand out because of their dense networks of artificial light. Delhi appears especially radiant, its interconnected roads …
SINGAPORE — For decades, private markets have been the preserve of pension funds, endowments and sovereign wealth giants. Now, that exclusivity is fading. More wealthy individuals are getting invited into a once-closed club reserved for long-term investments from large institutions — and that is ruffling feathers. The trend has been …
Singapore’s reputation as a safe harbor for wealthy mainland Chinese families is fading, reversing an inflow that came at the expense of rival wealth hubs like Hong Kong and Japan. Its allure for China’s wealthy surged after 2019, when a wave of pro-democracy protests in Hong Kong led to a …
Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain. Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed. “At the end of …
ASEAN member nations’ flags outside the Pullman Hotel, the venue for the ASEAN Foreign Ministers’ retreat meeting in Luang Prabang, Laos, in January 2024. Tang Chhin Sothytang Chhin Sothy | Afp | Getty Images The U.S. and China are usually top of mind when it comes to artificial intelligence and …
‘Fake news’: White House dismisses report of Trump considering 90-day pause The White House dismissed a wire headline that said Trump is considering pausing new tariffs for 90 days. “Fake news,” White House Press Secretary Karoline Leavitt told CNBC’s Eamon Javers after a headline that cited Kevin Hassett, the director …
David Cameron says Trump’s latest comments on Russia “hugely reassuring” Former U.K. Prime Minister David Cameron described U.S. President Donald Trump’s latest comments on Russia as “hugely reassuring” in ensuring Ukraine’s independence. Trump said he could impose a “devastating” financial blow if Russian President Vladimir Putin refused to accept a …
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession. The news Bank of America said in a note Wednesday that Salesforce is one of the stocks it would recommend in any environment due to the likelihood of seeing “growing revenue contribution from …
On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction. His company was moving a large amount of Ether, a popular digital currency, from one account to another. Thirty minutes …