Why Japan's workaholics may not embrace a four-day workweek
Japan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture.
Lee Ying Shan in asian news
Ray Dalio names the top five forces shaping the global economy
SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world's economy.
Oil stares at a bleak future as China's economy sputters. The good news: A market 'bust' is unlikely
SINGAPORE — As the world's oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody's mind.
China's ultra-rich population sees 'dramatic' growth in last 10 years, outpacing the U.S., report shows
The world's super rich club expanded significantly over the past 10 years, with China leading the charge, according to the latest report from New World Wealth and investment migration advisor Henley & Partners.
Investors expecting an aggressive Fed cut are getting too 'ahead of the curve,' UBS CEO says
The CEO of Swiss banking giant UBS said Thursday that the fight against inflation isn't over yet, and some investors seem to be getting too ahead of themselves in expecting that the U.S. Federal Reserve could pull an aggressive rate cut this month.
Seven & i Holdings' shares slide 3% on likely U.S. probe into a potential M&A deal with Couche-Tard
Shares of Seven & i Holdings fell on Wednesday following a report that the U.S. Federal Trade Commission has informed the Japanese retail giant about a potential investigation into a possible deal with Canada's Alimentation Couche-Tard.
Japanese wage growth to surpass inflation for the first time in over 30 years, says asset management firm
Japanese wages are expected to grow in real terms in the second half of 2024 for the first time in more than three decades, according to Asset Management One.
Investors are 'dramatically overestimating' an oil glut, Carlyle's Jeff Currie says
SINGAPORE — Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle.