Gig workers are ‘here to stay’: Singapore minister on why they shouldn’t be left behind
Speaking to CNBC, Koh Poh Koon said that gig workers should not be “lagging behind the rest of the population in terms of their longer term needs.”
China reports second-quarter GDP miss, another record high in youth unemployment
Analysts expect a faster pace than the first quarter, but it comes off a low base due to the lockdowns in Shanghai in April and May last year.
Singapore’s June non-oil exports fall 15.5% year-on-year, lower than forecast
Singapore’s non-oil domestic exports fell 15.5% in June from a year earlier, weighed down by declines in both electronic and non-electronic products.
Asia markets fall; China’s economy grew 6.3%, missing expectations
China reported that second-quarter gross domestic product grew by 6.3% from a year ago, as unemployment rate hit new record.
Singapore’s workers want to stay remote, but employers are backtracking on flexibility
While working professionals remain “keenly interested” in remote work, employers have been far less likely to mention “work from home” in postings, said Indeed Singapore.
UBS just updated its ‘highest conviction’ stock list with picks to beat the market
The bank says its U.S. and global picks are set to beat the MSCI All Countries World Index — and it has not shied away from taking contrarian positions.
‘Red-hot upside’: This global high-growth tech fund’s stock could rise by 180%, says Berenberg
In a note called “Red-hot upside on offer,” Berenberg said it remains “strong buyers” of this venture capital fund.
CNBC Daily Open: For banks, big profits don’t mean market gains
Despite big banks posting solid earnings for their second quarter, they didn’t reap rewards in stock markets Friday.
What China’s resilient big spenders are buying and the stocks that benefit
Imagine a consumer base roughly the size of the adult U.S. population.
Dow rises for sixth straight day, closes at highest level in 2023: Live updates
Stocks are coming off a winning week, with the Dow notching its best performance since March.
