Over 100 Credit Suisse bond holders join lawsuit to seek $100 million in restitution
The Singapore investors who have joined the class-action suit are mostly in their 50s who said they have been striving to save for their retirement.
Business
China’s forex reserves hit 14-month high
The amount has marked the highest level for China since February 2022, when the reading came in at $3.2138 trillion.
Indonesia economic growth keeps pace ahead of expected slowdown
The continued growth was driven by household spending, metal and mineral exports, and returning tourists.
Instability will be bad for business, says Malaysian envoy
Nazri, the Malaysian ambassador to the US, said any move to topple the government would lead foreign investors to lose confidence in the country.
Good money, tough clients: The business of political T-shirts
In regards to political T-shirts, one designer said, “A successful T-shirt has to make you think, but then, crucially, you have to act.”
Indonesian govt allows foreign entities to buy carbon credits from Jakarta
This paves the way for MNCs and institutions to tap into the country’s large carbon trading potential.
Ranking isn’t everything
In short, the opportunities afforded by Indonesia’s macroeconomic strength are a pull factor for investment, even though they seem strangely at odds with the ranking.
SG can expect lower job market churn from 2023-2027 compared to rest of the world
This seems to be the case even though an overwhelming number of companies believe that geopolitical rifts will have a bearing on their businesses.
Global fast food franchises fail to find local buyers in South Korea
McDonald's Korea has been struggling to find a buyer since it has been put up for sale in June 2022, despite double-digit growth of Korea's hamburger market in recent years.
On the road: Cool dogs and curious cats
More hotels in China are recognising the potential of the pet travel market and are offering pet-friendly accommodations.