Global financial panic: Nomura warns of losses after £15bn firesale – alarm bells ring

Bank of England governor 'more positive' about recovery When you subscribe we will use the information you provide to send you these newsletters.Sometimes they’ll include recommendations for other related newsletters or services we offer.Our Privacy Notice explains more about how we use your data, and your rights.You can unsubscribe at any time. Nomura faces the prospect of its profits for […]

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Weekly Money FM Podcasts: Transforming Singapore’s economy for a post-Covid-19 future

Money FM Podcasts of the week (March 29) Traveloka shares consumer insights on SingapoRediscovers vouchers redemption (featuring Mr Reza Juniarshah, head of corporate communications, Traveloka) Transforming Singapore’s economy for a post-Covid-19 future (featuring Minister for Trade and Industry, Mr Chan Chun Sing) Buyer of S$93 million dollar digital art, on wealth-building (featuring Mr Vignesh Sundaresan, chief financier of Metapurse) Health Suites : […]

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Market close: Energy stocks help sharemarket to small gain

The leading energy stocks Contact and Meridian powered into life to provide the New Zealand sharemarket with a small gain, though the market ran out of puff by the end of the day. The S&P/NZX 50 Index closed at 12,368.13, up 19.29 points or 0.16 per cent, after reaching an intraday high of 12,432.98. There were 75 gainers and 66 […]

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NCAA Tournament Sweet 16 scores: What you missed in women’s, men’s tournaments on Saturday

From men's basketball Cinderalla team Loyola Chicago and Cameron Krutwig taking down No. 1 Illinois in the second round to Jordan Nixon leading Texas A&M past Iowa State with 35 points and a game-winner in overtime in the women's competition, we have finally made it to the Sweet 16 of the NCAA tournaments.  The weekend will display breakout players in Indianapolis such as […]

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New Suez crisis: A global economy creaking under the strain

Gamal Abdel Nasser would surely afford himself a wry smile. Sixty-five years after the late Egyptian president nationalised the Suez Canal, prompting the 1956 invasion by the UK, France and Israel, the waterway continues to hold a vice-like grip on global commerce. This week, a single ship — admittedly one almost as long as the Empire State Building is tall […]

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Buying properties in the virtual world

(BLOOMBERG) – Investors may not be clamouring to buy offices and hotels right now, but in virtual reality, property deals are surging and attracting millions of real-life dollars. It was inevitable, then, that someone would start a fund. Republic Real Estate, a firm that is raising money to buy distressed condos in the physical world, is launching an invite-only fund […]

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