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Breaking News.Modi to visit Sickipoora to sign CECA 3.0 Agreement.
- Thread starter A Singaporean
- Start date
Have you been to Marina Bay Financial Centre, there are so many thousands of CECA Indians working in the area, you would likely to change the name to Mumbai Financial Centre, lol!
Rainmakers lai de
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Also got CDC Wow Cheer mah
Li Ka-shing’s Luxury Mall Sits Empty as Chinese Spending Plunges
Hong Kong’s prime shopping districts once commanded the highest rents in the world. Now they’re hollowing out as Chinese consumers disappear.By Shirley Zhao
September 3, 2024 at 7:00 AM GMT+8
In Hong Kong’s Tsim Sha Tsui district, the mock-classical 1881 Heritage mall used to lure queues of mainland Chinese tourists eager to shop at boutiques operated by brands such as Tiffany, Cartier and Chopard. Now it attracts neither crowds nor brands. Only three of the more than 30 units at the mall owned by billionaire Li Ka-shing’s CK Asset Holdings Ltd. are occupied, and its colonnaded courtyards are quiet.
On nearby Canton Road, a shop previously rented by Swatch Group AG’s Omega for about HK$7.5 million ($962,000) a month is leased to a bank for 80% less, according to real estate agents familiar with the deal. Over in Causeway Bay’s Russell Street, a Transformers-themed fast-food restaurant has taken the place of Burberry Plc. Its rent is 89% below the HK$8.8 million the British firm was forking out in 2019, the agents said, declining to be identified because the matter is private.
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By Ruth Carson
September 3, 2024 at 9:51 AM GMT+8
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Arif Husain says he was early in sounding the alarm on Japan’s rising interest rates last year, which he described as the “San Andreas fault of finance.”
The head of fixed-income at T. Rowe Price warned that investors have “just seen the first shift in that fault, and there is more” market volatility ahead after the nation’s rate hike in July helped trigger a violent reversal of the yen carry trade.
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T. Rowe Manager Who Predicted Yen Shock Sees Another One Coming
- ‘Scapegoating’ of yen carry trade ignores bigger, deeper trend
- BOJ hikes and impact on global capital far from simple: Husain
By Ruth Carson
September 3, 2024 at 9:51 AM GMT+8
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Arif Husain says he was early in sounding the alarm on Japan’s rising interest rates last year, which he described as the “San Andreas fault of finance.”
The head of fixed-income at T. Rowe Price warned that investors have “just seen the first shift in that fault, and there is more” market volatility ahead after the nation’s rate hike in July helped trigger a violent reversal of the yen carry trade.
All this is happening in our own country when our young graduates and older white collar workers cannot find jobs. Whoever allowed CECAs to enter S'pore to steal the livelihood of true blue citizens has committed treason.
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