Day: May 15, 2025
He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week
Shao Chun Chen moved to Chiang Mai, Thailand, in late 2024. Courtesy of Shao Chun Chen Shao Chun Chen used to work more than 40 hours a week in his corporate career in Singapore. Now, he has a three-hour-a-week job that sustains his and his family’s life in Thailand. The 39-year-old grew up in Singapore […]
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Asia-Pacific markets fall as investors assess U.S.-China trade developments
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets fell Thursday, after mostly gaining in the previous session on easing U.S.-China trade tensions. Japan’s benchmark Nikkei 225 fell 0.90%, while the Topix lost 0.75%. South Korea’s Kospi declined 0.29% while the small-cap Kosdaq slipped 0.37%. Australia’s benchmark S&P/ASX 200 lost 0.24%. Hong Kong’s Hang […]
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CNBC Daily Open: Nvidia is back in the green amid Trump’s dealmaking
NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain […]
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UnitedHealth under criminal probe for possible Medicare fraud, report says
Bloomberg | Bloomberg | Getty Images The U.S. Department of Justice (DOJ) is investigating UnitedHealth Group for possible Medicare fraud, the Wall Street Journal reported on Wednesday. While the exact nature of the criminal allegations are unclear, the Journal said, citing people familiar with the matter, the probe by the healthcare-fraud unit of the DOJ’s criminal division is […]
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The Trump franchise is expanding in the Middle East — and so are ethical concerns
President Donald Trump brushed off questions Wednesday over ethical concerns about the growing Middle East footprint of his family business, as his trip in the region takes him to three countries with Trump-branded ventures. On Wednesday, Trump told reporters on Air Force One that he didn’t know how an Emirati-backed firm had struck a deal with the Trump family company’s digital coin for $2 billion. “I […]
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