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Best Places in Every State To Live on a Fixed Income

The average Social Security benefit for retired workers in 2017 was $1,369 per month. That comes out to $16,428 in annual benefits for a single person or $32,856 per year for a couple — about...


Goldman wants bankers to return to office in June

Staff are being encouraged to return to office-based working when Covid restrictions are lifted.


Strait Times Index marks strongest start to a year since 1999

STI recorded a 13.2% price gain over the first four months of 2021. With 13.2% price gains over the first four months of 2021, this year has been the strongest start to a calendar year for the Strait Times Index (STI) since 1999. The STI has also been the second strongest benchmark across the Asia Pacific in the 2021 YTD.


Albemarle profit beats expectations on rising lithium demand

Albemarle profit beats expectations on rising lithium demand


Australian shares rise almost 0.4% as Hong Kong and Singapore shares struggle for gains

The benchmark ASX 200 advanced 0.39% to 7,095.80 with the heavily-weighted financials subindex rising 0.57%


Asia's uber rich looking at Singapore penthouses

A $4,200 per square foot for a penthouse at Midtown Modern has brought life back into the luxury market. A clear and noticeable trend has emerged over the last few months for that ultimate of status symbols —the top floor penthouse apartment.


KPMG UK staff to work in offices up to four days a fortnight from June

KPMG UK staff to work in offices up to four days a fortnight from June


Jessica Alba's Honest Co valued at nearly $2 billion in strong market debut

Jessica Alba's Honest Co valued at nearly $2 billion in strong market debut


Worst Places to Spend Your Golden Years -- And Where to Retire Instead

Retirement is about living your life the way you want. But if you can't afford your dream city, it's time to consider alternative and cheaper places to retire.


14 Key Signs You Will Run Out of Money in Retirement

Despite all your preparation, you might discover that your retirement is going to cost more than you planned.


Adidas launches Reebok auction, China row may dent Asian interest: sources

Adidas launches Reebok auction, China row may dent Asian interest: sources


No full-time return to the office for over a million

The vast majority of 50 big UK firms say staff will divide their time between home and office, BBC research finds.


Ikea starts buy-back scheme to tackle waste

The service encourages customers to sell back furniture they no longer need in return for vouchers to spend in-store.


GM's Barra sees a more profitable future through the haze of chip shortage

GM's Barra sees a more profitable future through the haze of chip shortage


Common Ways Smart People Lose Their Jobs

Intelligent people can lose their jobs for silly reasons. Although some of the mistakes are due to momentary lapses, others result from serious judgment problems. Even some CEOs have been fired for...


10 Cost-Friendly Ways To Support Working Moms This Mother’s Day

Mother’s Day may come once every year, but this past year in particular has been one of the most challenging years for many moms due to the COVID-19 pandemic. Many working moms had to do double...


'We are desperate to go travelling again'

"Digital nomads" aim to get back to mobile working after Covid, with many countries wooing them.


OUE C-Reit redeems $155m convertible units in One Raffles Place deal

THe units will be redeemed on 1 June. OUE Commercial REIT Management Pte Ltd has announced, in its capacity as manager, that it will redeem 155m convertible perpetual preferred units (CPPUs) of OUE Commercial Real Estate Investment Trust, worth $155m. In a notice, the manager of OUE C-Reit announced an irrevocable redemption of the CPPUs which were issued as part of the payment purchase consideration to OUE Limited for OUE C-REIT's acquisition...


9 Ways Student Debt Is Affecting Every Aspect of Americans’ Lives

Student loan debt affects many parts of a person's life, including goals of buying a home or saving for retirement. Here's how student debt is causing problems.


New York Times beats revenue estimates on higher digital subscriptions

New York Times beats revenue estimates on higher digital subscriptions


Spirit AeroSystems to increase 737 MAX parts delivery in 2021

Spirit AeroSystems to increase 737 MAX parts delivery in 2021


April PMI hits another two year high, at 50.9

The Purchasing Managers' Index for April has continued its rally, and was at its highest since December 2018.last month. Singapore's Purchasing Managers' Index (PMI) for April rose to 50.9, showing an optimistic manufacturing sector. This was also the highest recorded since the 51.1 recorded in December 2018. The PMI, compiled monthly by the Singapore Institute of Purchasing and Materials Management (SIPMM), measures the strength of the...


City Developments in the midst of a board exodus

Lim Yin Nee Jenny is the fourth director to resign from the property developer's board.


What you need to know about 500 Startups newest startup ignition program

This new program is in partnership with the Singapore government. 500 Startups has launched a partnership with Enterprise Singapore, the government's arm for enterprise development, to help emerging entrepreneurs in Singapore create innovative ventures through assistance with founding teams, validating potential opportunities, and building out their product roadmaps and business plans. The program, called 500 Ignition Singapore, is a virtual...


23 Reasons You Will Always Be Poor

Many Americans face a slew of financial burdens, from high costs of living and healthcare expenses to taxes and college tuition. And for some people, these countless burdens can make it seem like...


Private Swiss bank buys BMO private bank in Singapore and Hong Kong

The J Safra Sarasin Group completed the acquisition of the Bank of Montreal's Private Banking Business. Private Swiss bank J.


Asda owners to sell 27 forecourts to avoid probe

Regulators had raised concerns about potential price hikes after the Issa brothers bought Asda for £6.6bn.


End of an era for Debenhams as final shops close

The department store will disappear from high streets on 15 May after more than two centuries.


Ascendas Reit to acquire remaining 75% interest in Galaxis

The acquisition is estimated to be worth a total of $534.4m. Ascendas Funds Management (S) Limited (AFM) announced Ascendas Reit's proposed acquisition of the remaining 75% equity stake in Ascendas Fusion 5 Pte Ltd (AF5PL), the holding entity for Galaxis. AFM is the manager of Ascendas Real Estate Investment Trust (Ascendas Reit). The purchase consideration for the Proposed Acquisition is estimated to be $534.4 million. "We are excited to add...


25 Secret Money Traps at Target, Walmart and Other Big-Box Stores

Don't let stores make you spend more than you intend to. By knowing how they can trick you into overspending, you can avoid buying things you don't need.


Is a Tiny House the Big Solution for Your Retirement?

Extreme downsizing could have benefits for retirees.


OCBC leads April share buyback rally

OCBC, ST Engineering and Global Investments were the top firms that bought back shares last month. Approximately 23 million shares were bought back from the Singapore Exchange (SGX) in April, for a $48.5m total consideration. Leading these firms is OCBC, which bought back 3.66 million shares at an average price fo $11.83 per unit, to be held as treasury shares and deducted against its share capital. The SGX noted that shares bought back can be...


Archegos prepares for insolvency as banks seek compensation: Financial Times

Archegos prepares for insolvency as banks seek compensation: Financial Times


Record mortgage lending as housing market heats up

Stamp duty holidays and low mortgage rates push borrowing to the highest levels since records began.


Property market records three-year high

The current surge is expected to slow down as Government aid tapers off. Singapore's property prices have increased in the last four quarters since Q2 of 2020.


Laboratory-made diamonds are forever, says Pandora

The world's biggest jeweller says it will no longer use mined diamonds in a bid to become more sustainable.


What Income Level Is Considered Middle Class in Your State?

What is considered middle class? It might take more money than you think to reach this income tier. The Pew Research Center defines middle class, or middle-income households, as those with incomes...


‘Going out’ gear out and athleisure in for Boohoo

The online retailer said full-year sales jumped 41% as the pandemic boosted demand for loungewear.


U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas

U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos sagas


Peloton reverses course, decides to recall treadmills after injuries, death

Peloton reverses course, decides to recall treadmills after injuries, death


The road that led to Nextbillion.ai's mapping solution of the future

How these former Grab senior management created an all-in-one mapping solution. Have you ever been lost and had to rely on a navigation app to get where you wanted?


Hilton posts quarterly loss as pandemic hits bookings

Hilton posts quarterly loss as pandemic hits bookings


NBA Players From These Colleges Make the Most Money

One reason students attend college is to learn skills that help them land jobs, and maybe even find careers. So for any aspiring professional basketball players, this list is for you. These are the...


Peloton recalls treadmills after child's death

Home fitness equipment firm recalls Tread+ machines after six-year-old child pulled under treadmill


Transport Ministry steps up efforts for HK travel

Minister for Transport Ong Ye Kung says Singapore will start the measures slowly at first.


The company where your colleagues decide your salary

A software firm in Argentina is trying a radical experiment in employee transparency and democracy.


How low can you go? Volkswagen throws down the emissions gauntlet

How low can you go? Volkswagen throws down the emissions gauntlet


10 Risky Career Moves That Can Pay Off

If you’re not so thrilled about getting up and going to work each day, you’re not alone. Most Americans have some degree of unhappiness with their jobs. According to a November 2020...


Why You Shouldn’t Jump On Investing Bandwagons

Everyone wants to invest to make money, and investing truly is a great way to meet your long-term financial goals. However, the financial press — and your friends and neighbors — can make...


People return to supermarkets as online sales slow

Data firm Nielsen says people are more confident about shopping in supermarkets as restrictions ease.