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…
Read MoreWanted: C-suiters and specialists to serve ultra-rich as they pivot to alternative assets
[SINGAPORE] As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading recruitment agencies saw more openings for such roles in the first quarter of 2025, with Robert Walters and Randstad reporting a year-on-year increase of nearly 20 per cent in the…
Read MoreVideo: Inside a Plan to Shut Down Pro-Palestinian Activism
What is Project Esther? Katie J.M. Baker, a national investigative correspondent for The New York Times, explores the Heritage Foundation’s plan to shut down pro-Palestinian activism, as well as actions taken by the Trump administration that appear to mirror its goals. Source link
Read MoreOCBC 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,…
Read MoreGXS’ 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…
Read MoreSome Chinese companies eye Singapore listings to expand markets amid trade war: sources
AT LEAST five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in South-east Asia amid global trade tensions. The companies include a Chinese energy company, a Chinese healthcare group and…
Read MoreIncome’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…
Read MoreIsrael 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…
Read MoreTen dead in ‘brutal’ attacks by Isis-linked militants on Mozambique wildlife reserve
One of Africa’s largest protected areas has been shaken by a series of attacks by Islamic State-linked extremists, which have left at least 10 people dead. Conservationists in Niassa reserve, Mozambique, say decades of work to rebuild populations of lions, elephants and other keystone species are being jeopardised, as conservation operations grind to a halt.…
Read MoreHealthcare S-Reits outperforming broader S-Reit market and sub-segments so far this year
HEALTHCARE S-Reits have been the top-performing Reit sub-sector this year, offering an average total return of 6.2 per cent against a 1.1 per cent decline in the iEdge S-Reit Index. The sub-sector also outperformed other Reit sub-sectors over the one-year and three-year periods, clocking average returns of 16.8 and 6.2 per cent, respectively. The two…
Read MoreDirectors 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…
Read MoreMexican 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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