The Real News Network
SINGAPORE – Finance industry executive Lawrence Chan could probably write a book about the long-term value of bricks and mortar as an investment, but two phrases sum it up – capital gains and recurring rental income. As Mr Chan, 52, notes: “Land is scarce in Singapore and historical data has proven that real estate appreciates […]
(NYTIMES) – The climate crisis is at high risk of becoming an economic crisis. That is an increasingly widespread view among leading economic thinkers – that a range of economic and financial problems could result from a warming planet and humanity’s efforts to deal with it. But if you believe that to be true, what […]
(BLOOMBERG) – Mr Igal Namdar has made a fortune buying shopping malls no one else wants. He scoops up struggling centres at bargain-basement prices after their landlords lose faith, betting he can turn a profit before the last tenants turn out the lights. So far, that strategy has netted big gains – as well as […]
(NYTIMES) – As cyber attacks proliferated this year, Mr Sanjay Beri, chief executive of Netskope, received a phone call. Then an e-mail. Then more messages. All were from venture capitalists who wanted to invest in his company. Given the ransomware attacks and nation-state hacks that were making headlines, they told him, companies that made security […]
(NYTIMES) – The US economy climbed out of its coronavirus-induced hole in the spring as vaccinations and federal aid fuelled a surge in consumer spending at restaurants, resorts and retail stores. The revival brought gross domestic product (GDP) back to its pre-pandemic level in the second quarter, adjusted for inflation – a remarkable achievement, exactly […]
We’ve all been there: You are in a mall when an insurance company employee manning a roadshow booth approaches you and asks if he can do a short survey on banking needs. As you are not in a rush, you agree and he starts with a series of questions about your bank accounts and saving […]
(NYTIMES) – The pandemic swept many people into uncharted financial territory. Whether your bank account bulged or dwindled during the long months of lockdown, now is the time to take stock of your financial situation and decide your next steps. “We’ve been getting a lot of clients who say, ‘I really need to think about […]
(BLOOMBERG) – After a year of early-morning Zoom calls, the spectre of a deadly virus and soaring stock and real estate values, working American baby boomers who can afford it plan to get out while the getting’s good. About 2.7 million Americans aged 55 or older are contemplating retirement years earlier than they’d imagined because […]
NYTIMES – The intersection of faith and money can be complicated. But investing by the tenets of your faith has become easier, and in many cases it’s neither less profitable nor more risky than investing without a religious screen. There are Islamic exchange-traded funds and real estate investment trusts, Jewish venture capital funds and Catholic […]
BLOOMBERG – Stock sales are reaping a windfall for the world’s richest shareholders. Corporate insiders including Amazon boss Jeff Bezos and Google co-founder Sergey Brin have ramped up stock sales recently, cashing in on a 14-month-long bull market that has helped boost fortunes by the trillions. US public company insiders offloaded shares worth US$24.4 billion […]