What happened in markets this week, and what are analysts talking about? Meituan The Chinese State Administration for Market Regulation has launched investigations on Meituan over alleged monopolistic behaviors. Meituan has previously been criticized by rivals and merchants for their alleged excesses such as forced exclusive arrangements and had previously also been found guilty of […]

About three years ago when I was a newly minted OL (short for office lady), I immediately took on all the quintessential traits one needed to have to become one, plus all millennial trends that came with it. That included an aesthetically pleasing office mug, an office shawl to guard against the unreasonably cold office […]

If you’re like me, your head would start spinning the moment finance terms are thrown out in conversations. Unfortunately though, there comes a time when you’ll have to take the finance Panadol if you want to be serious about adulting. So I’ve taken it upon myself to unravel the definitions of these common finance terms, […]

What happened? US stocks dropped briefly last week after news broke that US President Joe Biden is looking to almost double capital gains tax rate for the rich (those earning $1 million or more) to 39.6% from the current base rate of 20%. The increase would equalize the tax rate between wage and capital gains […]

What happened in markets this week, and what are analysts talking about? Sembcorp Industries • Credit Suisse: Initiate coverage on SCI with an OUTPERFORM rating and TP of S$2.40, based on Sum of the parts valuation implying ~1.2x FY21F P/B. SCI is shifting to renewables as it looks to grow its renewables capacity to 4,000MW […]

What happened? Bitcoin saw a massive sell-down over the weekend, plunging more than 12% – the biggest intraday drop since February 2021. While Bitcoin crawled back part of its losses, the cryptocurrency was still down more than 10% from its high of nearly US$65,000, at about US$57,000 as at time of writing. At one point, […]

What happened in markets this week, and what are analysts talking about? Alibaba Group  China authorities imposed a record antitrust fine of US$2.8 billion on Alibaba Group, representing 4% of the Group’s 2019 revenue. This is triple of the previous US$975 million fine by Qualcomm in 2015, but far less than the maximum 10% allowed […]