How Vanda become the world's best-performing hedge fund
Chong Chin Eai, the founder of Swiss-Asia Financial Services' Vanda Global Fund, shares his investment strategy. Singapore-based Vanda is the world’s best-performing hedge fund this year, up 278% through July.
Mugabe's body leaves Singapore for burial at home
A hearse carrying the body of former Zimbabwe's president Robert Mugabe departs funeral parlour on Wednesday (September 11), heading home for burial.
Singapore cuts growth outlook to near zero
Singapore’s government revised down its forecast for economic growth. The city state expects its economy to grow 0.0%-1.0% this year, down from a previous projection of 1.5%-2.5%. In the second quarter GDP contracted an annualized 3.3%. Bloomberg Opinion columnist Daniel Moss breaks down the numbers on "Bloomberg Daybreak: Asia."
Singapore to ban domestic elephant ivory trade
From September 2021, Singapore will ban local sales of ivory, removing a key end-market for the valuable material. Some 100 African elephants are estimated to be killed each day by poachers who want their tusks.
Singapore seizes 26 tons of pangolin scales
Singapore has made the largest seizure of pangolin scales in its history. Endangered pangolins are the world's most trafficked mammal.
The Boeing 737 Max 8 plane
The recent crash of an Ethiopian Airline aeroplane has brought so much attention to the Boeing 737 Max 8 aircraft. Here are some key facts about the American-made narrow-body aircraft:
Boeing's lost $24 Billion in market cap in two days
Boeing’s crisis of confidence continues with a growing number of countries and airline carriers suspending flights of the 737 Max 8 aircraft. The suspensions include the governments of the EU, China, Australia, New Zealand, Singapore, India and Malaysia. But not the U.S. yet.
Wirecard: Why the German digital payment firm is under fire
Three reports by the Financial Times have accused Wirecard's Singapore office of forgery, falsification of accounts and money laundering. A probe has now been opened into the journalist who made the accusations.
Singapore’s shrinking stock exchange
Singapore has long competed with Hong Kong for the title of Asia’s top financial center, and while the city-state has strengthened its position as a wealth hub, its stock market status has fallen.