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YESTERDAY was Father's Day. Those seduced by the advertising promotions in the past two weeks would probably have coughed up a tidy sum for a nice present for dad.
WASHINGTON: Among the many political shortcomings that the pandemic has laid bare is that the U.S. suffers from constitutional and statutory gaps that make its democracy, and even its basic governing ability, vulnerable in an emergency.
SYDNEY: Economists warned on Monday a hung parliament risks Australia’s coveted AAA credit rating with the inconclusive result of weekend elections seen as bad news for the economy and investment markets.
KUALA LUMPUR: The cooling measures announced in several states in Australia to curb speculation by foreign property buyers is expected to dampen buyers’ sentiment in the short term.
THE recent budget dropped a double whammy for property buyers — an increase in real property gains tax (RPGT), ranging from 30% to 15% within five years, and the prohibition of Developer Interest Bearing Schemes (DIBS) where developers pay for interest on buyers’ loans during construction.
SEATTLE/NEW YORK: Boeing's machinists on Friday narrowly approved a crucial labor contract that secured thousands of jobs and billions of dollars of economic activity for Washington state but will cost workers their pensions.
NEW YORK BOSTON: Hurricane Sandy, the Atlantic's largest-ever tropical storm, will strike the East Coast today with a life-threatening surge, emptying the streets of the nation's largest cities and lashing a region of 60 million with gales, rain and even snow.
With many investment opportunities present in the market, investors across the nation may be figuring out where best to park their cash.