Vietnam 

VN-Index could pass 1000-point landmark soon – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A majority of investors believe the Fed will cut interest rates at the end of this month, leading to gains in markets around the world. – Photo cafef.vn HÀ NỘI — VN-Index could continue its short-term uptrend this week and may surpass the 1000-point milestone again thanks to macroeconomic stability and the US Federal Reserve’s expected interest rate cuts, analysts have said. On the Hồ Chí Minh Stock Exchange, the VN-Index inched down 0.33 per cent on Friday to close at 975.40 points, marking a slight increase of 0.01 per cent for the whole…

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Property 

From a hotel in a hole to China’s tallest tower, Shimao heir apparent ditches cookie cutter for landmark buildings

Jason Hui Sai-tan, the 41-year-old president of Chinese developer Shimao Property Holdings, wants to turn the oft-used aphorism in China’s real estate industry on its head, as he looks forward to building the country’s tallest building, fresh from helping his father build China’s deepest hotel.“Land is flour, and we would like to make exquisite cake instead of cookie-cutter bread,” says Hui, who has set his sights on a 700-metre office tower in Shenzhen following the launch of the 18-storey… Source link

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Home 

Australia’s landmark banking inquiry: Tighter regulations, crackdown on ‘overinflated’ bankers’ salaries to come

A major shake-up of Australia’s massively profitable banking sector is on the cards as a landmark inquiry into abuses in the financial services industry releases its final report on Monday. Sweeping legislative and regulatory changes, a crackdown on the massive pay packets of bankers, and even criminal charges against senior executives could be among the recommendations issued by the royal commission. Major lenders – including the country’s “big four” banks, which are among the developed world’s most wealthy – have been under scrutiny in recent years, over allegations of dodgy…

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Singapore 

Singapore gay couple open up after landmark adoption case: ‘A huge load off our shoulders’, Singapore News

Framed photographs line the television console of a 1,450 sq ft flat in central Singapore. One shows a large group of family members in a rented villa in Bali several months ago, another is of a beaming couple and a third has the couple and their son. A two-metre-tall Christmas tree stands on the right, with three bears – two large with a smaller one tucked between them – all sharing a red scarf. It is Friday in the home of James, Shawn and their five-year-old son Noel. The family…

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Home 

Landmark Mandarin Oriental embraces sustainability practices

When you leave your hotel room and make your way to reception to check out, do you wonder what housekeeping will do with the unopened packages of toiletries lying next to the sink? Going green: restaurants and hotels avoid plastic, upcycle waste and plant roof gardens World travellers are accustomed to the perks of five-star accommodation, with all the gourmet dining and luxury in-room amenities that it brings. Yet the hospitality industry is also often associated with excess. Any global company, as we are, must be responsible, and must be…

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Singapore 

Landmark High Court case allows gay dad to adopt surrogate son, Singapore News

SINGAPORE – In a landmark move, the High Court has approved on appeal a gay Singaporean’s bid to adopt his biological son whom he fathered in the United States through a surrogate mum for US$200,000. The 46-year-old pathologist father had brought the Pennsylvania-born boy, now five, to Singapore but his bid to adopt him was rejected by a district judge last year. The three-judge appeal court made clear its move to reverse the decision was based “on the particular facts of the case and should not be taken as an…

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Home 

Berlin landmark reinvented as luxury apartments

[Sponsored Article] Berlin has been the hottest tip in European residential investment for several years, and it’s showing no signs of slipping. The second most populous city in the EU, Germany’s cosmopolitan capital is home to 3.7 million people hailing from over 190 countries. With the vast majority of these people preferring to rent, Europe’s largest buy-to-let market is a perfect fit for landlords and overseas property investors. Considered a safe haven for global capital, Berlin was named the best city for overall investment and development prospects for the fourth…

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China 

Hopes high Xi Jinping can brighten China’s outlook in landmark trip to where the economic miracle began

President Xi Jinping’s highly anticipated trip to Guangdong comes at a most critical time with the Chinese economy at a new crossroads after four decades of almost uninterrupted boom. The trip has also brought up memories of the famous Southern Tour by previous Chinese leader Deng Xiaoping in early 1992, when China was isolated by western countries after Beijing’s crackdown of the pro-democracy movement in 1989. There are similarities between now and then: a hostile external world, an ailing private sector at home, and a lot of confusion about the…

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