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SETHLUI.COM
8 unspoken problems that some Singapore hawkers face
The post 8 unspoken problems that some Singapore hawkers face appeared first on SETHLUI.com.
The Telegraph
Apple unfairly sacked analyst who took secret photos of female colleague
Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.
Reuters
ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports
Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML said in an interview with Germany's Handelsblatt newspaper published on Monday. The remarks by Christophe Fouquet, who took over as CEO at Europe's largest tech firm in April, come as the European Commission has begun surveying firms including ASML for their views on Chinese firms' investments in so-called "legacy" chips, an important source of revenue for ASML. "The automotive industry in particular, including the German one, needs a lot more chips that are manufactured using simpler, long-known technologies," Fouquet told the paper.
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
Reuters
Tesla investors to urge judge to reject record $7 billion legal fee in Musk pay case
Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys' fees to be paid by the company is "outlandish," the latest twist in a legal showdown over Musk's $56 billion pay package. The record fee request was made by investor Richard Tornetta on behalf of three law firms that represented him, including Bernstein Litowitz Berger & Grossmann. Tornetta owned nine shares of Tesla when he sued over Musk's pay package of stock options in 2018, a legal battle he ultimately won in January when the package was voided.
GOBankingRates
Retirement Planning: How Much the Average 65-Year-Old Retiree Spends Monthly
As people get closer to their 60s, they often think about transitioning into retirement -- and doing so comes with an adjustment to the budget. While every individual has different spending habits...
GOBankingRates
8 Jobs for Retirees That Pay Weekly
Working in retirement is often a completely different experience than "having to work" during a traditional work career. For many seniors, working in retirement is enjoyable and has huge mental and...
South China Morning Post
China's tech boom powering AI career coup, with finance muscled out at top of salary pyramid
China's rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country's salary rankings for the second quarter of 2024, as Beijing's push for self-sufficiency in tech and the rush to capitalise on the industry's global popularity are helping firms in the field outpace the banks, funds and brokerages that have tended to offer the highest-paying jobs. Propelled by an explosion of demand as businesses race to develop and trial AI applications, jobs in this sector
CNN Business
A key part of America’s economy has shifted into reverse
America’s services sector is losing steam at a time when it’s highly unclear whether the broader job market will hold steady or result in unexpectedly higher unemployment.
CoinDesk
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
AFP News
China's BYD to open electric car plant in Turkey
China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion."BYD will open a plant in Turkey," the source said, adding the details would be announced by President Recep Tayyip Erdogan.
Reuters
India to get coking coal from Mongolia on trial basis in July, sources say
India will import coking coal from Mongolia on a trial basis from later this month, two sources familiar with the matter said, as New Delhi seeks to diversify imports of the key steelmaking raw material to cut over-reliance on Australia. Steelmakers including JSW Steel and the state-owned Steel Authority of India (SAIL) are poised to receive coking coal shipments from Mongolia after months of negotiations, said the sources, who did not wish to be named in line with official rules.
GOBankingRates
10 Signs You’ll Retire Comfortably in the Middle Class
Defining the middle class is tricky. According to the Pew Research Center, you could be considered "middle class" if your household income is two-thirds to double the national median income -- so...
Twentytwo13
Budding lawyer’s insights after entering legal profession an eye-opener
As a lawyer, the law is no doubt the crux of the job, however, as with everything in modern society, it falls within a system – a system that was not a part of our education syllabus, writes Arif Imran. The post Budding lawyer’s insights after entering legal profession an eye-opener appeared first on Twentytwo13.
Simply Wall St.
Steering Clear Of Olam Group On SGX For One Better Dividend Stock Option
In the pursuit of reliable dividend stocks on the Singapore Exchange, investors often encounter a mix of opportunities. However, it's crucial to scrutinize whether high dividend yields are supported by sustainable financial practices. For instance, companies like Olam Group with excessively high payout ratios might pose risks, suggesting potential overextension rather than financial robustness. This article will compare two such companies to help investors make informed choices.
MoneySmart
I Don’t Want to Advance in My Career—is That Bad?
“Most people work just hard enough not to get fired and get paid just enough money not to quit.” – George Carlin In today’s modern world, a job is complicated... The post I Don’t Want to Advance in My Career—is That Bad? appeared first on MoneySmart Blog.
USA TODAY
Ford, Toyota, General Motors among 57,000 vehicles recalled: Check car recalls here
The NHTSA recently announced recalls for 57,741 vehicles. This includes Ford, Toyota and General Motors vehicles.
Yahoo Finance
The big problem with couples retiring at different times? Overspending.
The big trouble with couples retiring at different times? The impact on long-term financial security.
Sky News
Boeing to admit fraud charge to avoid trial over crashes that killed 346 people
Boeing is to plead guilty to a criminal fraud conspiracy charge to resolve a US investigation into two fatal 737 MAX crashes. An official at the US Department of Justice (DoJ) revealed overnight that Boeing would pay a $243.6m (£190.1m) fine and invest at least $455m (£355m) over three years to strengthen its safety and compliance programmes as part of the plea deal. The settlement, which Boeing acknowledged but did not comment on, marks the second time the planemaker has been offered a plea bargain by the department relating to the crashes of 2018 and 2019 that were blamed on flawed flight control software.
Reuters
Archegos defendants 'made fraud their business,' US prosecutor says as trial nears end
NEW YORK (Reuters) -Archegos Capital Management founder Sung Kook "Bill" Hwang and a deputy "made fraud their business," a federal prosecutor told a Manhattan jury on Monday at their criminal trial over the 2021 collapse of the $36 billion private investment fund. The trial, which began in March in Manhattan federal court, centers around the implosion of Hwang's family office Archegos. The spectacular collapse left global banks nursing $10 billion in losses and, according to prosecutors, caused more than $100 billion in shareholder losses at companies in its portfolio.

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