Times Square’s Revolving Restaurant Comes Around Again

Times Square’s Revolving Restaurant Comes Around Again

Seeing New York City from above—from the upper deck of the Empire State Building, or from the window of an airplane making an up-the-Hudson approach to LaGuardia Airport—is always a disorienting rush. There are the vast arcs of the avenues, the great green slashes of parks and cemeteries, the jagged field of skyscrapers, steepled and…

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OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s

OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s

[SINGAPORE] Local bank OCBC remains positive about the investment outlook for the next one year, despite Moody’s downgrade of the United States’ credit rating on Friday (May 16). The ratings agency downgraded the US from “AAA” – the highest rating for credit reliability – to “AA1”, citing rising fiscal deficits and higher interest payments. Nevertheless,…

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GXS’ acquisition of Validus’ Singapore business a sign of market validation 

GXS’ acquisition of Validus’ Singapore business a sign of market validation 

[SINGAPORE] The recent acquisition of small and medium enterprise (SME) lender Validus’ Singapore business is a sign of market consolidation and validation in South-east Asia. To recap, GXS Bank acquired Validus’ Singapore business on Apr 14 for an undisclosed amount. This expands the digital bank’s SME offerings to include Validus’ trade financing and working capital…

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Income’s financial advisory arm wants to capture demand for alternative investments

Income’s financial advisory arm wants to capture demand for alternative investments

[SINGAPORE] Amid growing demand for private market and alternative investment products in Singapore, financial advisers are increasing efforts to offer products in addition to the traditional insurance and investment products. Income Insurance’s independent financial advisory arm, Income Advisory Financial Advisers (Iafa), is one such example. Studies show that the demand for alternative investments is projected…

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Israel intercepts missile launched from Yemen, military says

Israel intercepts missile launched from Yemen, military says

The Israeli army has intercepted another missile fired at the country from Yemen, the military said early Sunday. The launch triggered air raid sirens in several parts of the country, the Israel Defense Forces (IDF) said. Yemen’s Houthi rebels, who have been regularly firing missiles at Israel since the start of the Gaza war in…

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Directors in developers and maritime stocks elevating interests

Directors in developers and maritime stocks elevating interests

OVER the four trading sessions from May 9 to 15, institutions were net sellers of Singapore stocks, with net institutional outflow of S$55 million, partially reversing the net inflow of S$123 million for the preceding five sessions. This brings the net institutional outflow for the 2025 year to May 15 to S$1.66 billion. Institutional flows…

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Mexican Navy Tall Ship Carrying 227 Cadets Crashes into Brooklyn Bridge Causing Masts to Plummet Onto the Deck as 19 Are Injured [VIDEOS]

Mexican Navy Tall Ship Carrying 227 Cadets Crashes into Brooklyn Bridge Causing Masts to Plummet Onto the Deck as 19 Are Injured [VIDEOS]

A large Mexican Navy tall ship visiting New York on a goodwill mission, with a crew of 227, mostly cadets, crashed into the Brooklyn Bridge late Saturday, causing its towering masts to collapse onto the deck in a horrifying scene that left 19 people injured — with four in critical condition, according to fire officials…

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