World
To boost solar, Biden looks the other way on potential Chinese trade violations
U.S. President Joe Biden’s move to prohibit new tariffs on the solar panels also took the teeth out of an investigation by the Commerce Department that was required by law. Logan Cyrus | The Washington Post | Getty Images Facing paralysis of the U.S. solar industry, President Joe Biden has ordered that potential trade violations by Chinese solar panel […]
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Australia’s central bank raises rates by 50 basis points in hawkish surprise
People walk past the Reserve Bank of Australia building in Sydney. On May 3, 2022, Australia’s central bank raised interest rates for the first time in more than a decade to curb soaring consumer prices. Saeed Khan | AFP | Getty Images Australia’s central bank on Tuesday raised interest rates by the most in 22 […]
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Russia’s failure to achieve major goals in Ukraine is ‘quite embarrassing,’ ex-U.S. official says
A destroyed Russian tank about 25 miles west of Kyiv. Russia failed to achieve its key tactical objectives in the first 100 days of the Ukraine war, according to a former U.S. diplomat. (Photo by Sergei Chuzavkov/SOPA Images/Sopa Images | Lightrocket | Getty Images Russia has failed to achieve its strategic goals in the first […]
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Cheap valuations, strong growth: Fund manager says it’s time to buy Vietnam stocks
This photo from Oct. 2021 shows motorcyclists waiting at a Covid-19 border checkpoint between Ho Chi Minh City and Long An province, in Ho Chi Minh City, Vietnam. The country’s benchmark VN index has fallen around 14% year-to-date as of Monday’s close. Maika Elan | Bloomberg | Getty Images Vietnam’s stock index has fallen more […]
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Huge pay bumps and flexi work hours: How Singapore companies are fighting the talent war
Companies in Singapore are adjusting salaries and beefing up mental health benefits, bonuses, flexible working policies and more. Jayson_lys | E+ | Getty Images In a normal year, lawyers at one of Singapore’s top four local law firms could expect to receive an annual increment of between 10% and 15%. The company said employees would get […]
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The race toward a new computing technology is heating up — and Asia is jumping on the trend
A quantum computer in a vibration-free building. Quantum computing will ultimately speed up the computational power that drives many industries and could affect everything from drug discovery to how data is secured. Oliver Berg | Picture Alliance | Getty Images Quantum computing was already gathering pace in Japan and elsewhere in Asia when the University […]
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Citi names the ‘attractive’ oversold stocks to buy right now
Market watchers have been reluctant to call the bottom on the brutal Wall Street sell-off this year, but Citi thinks a slew of stocks are now oversold and investors should buy the dip. The bank’s analysts, led by Hong Li, said that — given the “continued high macro risk and market volatility” — investors should […]
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This 52-year-old early retiree left the U.S. for Portugal with his family—and spends $2,450 a month: ‘We cut our expenses by 50%’
In 2011, at 41-years-old, I retired early from my six-figure career in law. My wife joined me in retirement four years later after quitting her job as a nurse. By the time she retired in 2015, our portfolio of high-yielding stocks and mutual funds paid roughly $130,000 a year in dividends, which covered most of our living expenses in […]
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Japan stocks set for higher start; investors await Australia’s interest rate decision
SINGAPORE — Shares in Japan looked set for a higher start, while investors in Asia-Pacific await the Reserve Bank of Australia’s latest interest rate decision. The Nikkei futures contract in Chicago was at 28,020 while its counterpart in Osaka was at 28,040. That compared against the Nikkei 225’s last close at 27,915.89. Australian stocks appeared […]
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Apple just updated its best-selling Mac — here’s what it looks like now
Apple announced a new version of its MacBook Air on Monday at its annual developers conference, WWDC. The MacBook Air is the best-selling Apple laptop, and the new design will likely boost Mac sales in the coming quarters. In recent years, the Mac product line has been growing strongly — shipments grew about 28% in […]
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