Posts by Stephanie Irvin
OCBC to pay out S$7.5 million in second cost-of-living bonus for junior staff
FOR the second year in a row, OCBC will be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living pressures. About S$7.5 million will be distributed among close to 11,000 employees across the group and its subsidiaries including Bank of Singapore and OCBC Securities, or 40 per cent…
Read MoreChina’s Nio unveils 788,000 yuan EV to take on Porsche, Mercedes
CHINESE electric car maker Nio started sales of its most expensive car as it seeks to double deliveries in 2025 and eventually become profitable. The 10-year-old automaker officially launched the flagship ET9 battery-electric sedan at its annual customer event on Saturday (Dec 21) in Guangzhou. Priced from 788,000 yuan (S$146,294), or 660,000 yuan if the…
Read MoreNews Corp sells Foxtel unit to DAZN in A$3.4 billion deal
RUPERT Murdoch’s News Corp agreed to sell Foxtel Group to sports platform DAZN Group in a deal that values the Australian pay-television and streaming service at A$3.4 billion (S$2.1 billion). The agreement announced on Monday (Dec 23) resolves the immediate future of a News Corp business whose fate had looked uncertain for years. After…
Read MoreStarbucks workers expand strike in US cities, including New York
STARBUCKS workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday (Dec 21). The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St…
Read MoreNever mind Trump, stocks may get a lift in 2025 from resilient US economy and corporate earnings
Singapore investing themes include riding elevated profitability at the banks; hunting for bargains among beaten down Reits; and watching for value unlocking initiatives US FED chair Jerome Powell sounded almost ebullient when he responded to a question last week about whether he felt satisfied with the way 2024 is coming to an end. “I think…
Read MoreBest Time to Buy an iPhone
Thinking about snagging a new iPhone? Timing can really make a difference in how much you spend. Whether you’re eyeing the latest model or just want a good deal, knowing when to buy is key. Here’s a rundown of the best times to score an iPhone without breaking the bank. Key Takeaways Apple’s September event…
Read MoreHow Much Americans Spend on Pets
Americans are spending a lot on their pets these days. It’s not just about buying pet food or toys anymore. From vet bills to pet insurance, the costs keep adding up. Let’s take a closer look at where all this money is going and why people are willing to spend so much on their furry…
Read More30 Successful Shark Tank Rejections
Shark Tank is a show where entrepreneurs pitch their ideas to a panel of investors, hoping to get some cash to grow their businesses. But sometimes, even when the sharks say “no,” these businesses still go on to do great things. It’s pretty wild how some of these companies end up being super successful despite…
Read MoreTether sees US$10 billion in net profits for 2024
The world’s biggest stablecoin issuer, Tether, is on track to close the year with more than US$10 billion in net profits, chief executive Paolo Ardoino said in an interview. As Bitcoin and many other cryptocurrencies rallied to new all-time highs, demand for Tether’s USDT stablecoin – pegged to the US dollar – has skyrocketed. The…
Read MoreHalloween Spending Statistics 2024
Halloween 2024 is shaping up to be a big year for spending, with Americans expected to shell out around $11.6 billion on costumes, candy, decorations, and more. Even though it’s slightly less than last year’s all-time high, it’s still a hefty sum, showing that Halloween is a major event on the retail calendar. With nearly…
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