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☆ Passengers on flight hit by extreme turbulence arrive in Singapore
▼ + stars: | 2024-05-22 | by ( Joanna Tan | ) www.cnbc.com time to read: +1 min

Passengers of Singapore Airlines flight SQ321 from London to Singapore, which made an emergency landing in Bangkok, greet family members upon arrival at Changi Airport in Singapore on May 22, 2024. SINGAPORE — More than 140 passengers and crew that were on the Singapore Airlines flight that made an emergency landing in Bangkok Tuesday after encountering severe turbulence arrived safely in Singapore early on Wednesday. One passenger died and 30 others were injured onboard the London to Singapore flight on Tuesday, which encountered "sudden extreme turbulence" about 10 hours after departing from Heathrow Airport. The Boeing 777-300ER, which was carrying carrying 211 passengers and 18 crew, was flying over the Irrawaddy Basin at an altitude of 37,000 feet when it experienced sudden turbulence. We also deeply apologise for the trauma experienced by all passengers and crew members on this flight," Singapore Airlines' CEO Goh Choon Phong, said in a video message posted on Facebook.

Persons: SQ321, Goh Choon Phong Organizations: Singapore Airlines, Changi Airport, Heathrow Airport, Boeing, Facebook Locations: London, Singapore, Bangkok, SINGAPORE

☆ I was an airline pilot for 11 years. The Singapore Airlines incident shows why you should always wear your seatbelt.
▼ + stars: | 2024-05-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The Singapore Airlines incident this week is a reminder that passengers should always wear a seatbelt when flying, even if the seatbelt sign is off. The interior of Singapore Airlines flight SQ321 is pictured after an emergency landing at Bangkok's Suvarnabhumi International Airport. Singapore Airlines incidentThe damage on Singapore Airlines flight SQ321 saw panels and oxygen masks hanging from the ceiling. Obtained by Reuters/HandoutWhat happened with the Singapore Airlines flight was an extreme case. I don't ever worry about flying, and even after the Singapore Airlines incident, I wouldn't worry about flying because I know it's so unusual.

Persons: —, Emma Henderson, Stringer, it's, you'll Organizations: Service, University, Singapore Airlines, Business, REUTERS, Reuters, Pilots Locations: Bangkok, Geneva

☆ Passengers on SQ321 Singapore Airlines flight describe nightmare at 37,000 feet
▼ + stars: | 2024-05-21 | by ( Jessie Yeung | Alex | ) edition.cnn.com time to read: +5 min

CNN —Passengers on a Singapore Airlines flight hit by severe turbulence on Tuesday described a sudden, dramatic drop as “all hell broke loose” on board the Boeing airliner carrying 229 passengers and crew. Flight SQ321 was cruising at 37,000 feet from London to Singapore when flight tracking data shows the plane rapidly plunged before climbing several hundred feet, then repeated the dip and ascent, for about 90 seconds. At first, “the flight was perfectly normal,” said passenger Andrew Davies, who was traveling to New Zealand for business. He described the flight as “quite smooth … I don’t remember any turbulence at all.”Many passengers were having breakfast at the time of the incident. The interior of Singapore Airline flight SQ321 is pictured after an emergency landing at Bangkok's Suvarnabhumi International Airport, Thailand, on May 21.

Persons: ”, Andrew Davies, ” Davies, Reuters Davies, Geoff Kitchen, Davies, Dzafran Azmir, Azmir, Goh Choon, Kittipong Kittikachorn, Kitchen, Goh, Kitchen’s Organizations: CNN, Passengers, Singapore Airlines, Boeing, Singapore Airline, Reuters, Briton, Facebook, Singapore’s Ministry of Transport, Thai, US National Transportation Safety Locations: London, Singapore, New Zealand, Thailand, Bangkok, Australia, Malaysia, United Kingdom , New Zealand, Spain, United States, Ireland

☆ The West can't completely isolate Russian banks because it would be disastrous beyond Russia
▼ + stars: | 2024-05-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

There's one major thing the West could, but won't, do: kill all Russian banks' access to the Society for Worldwide Interbank Financial Telecommunications, or SWIFT. 'Russia's economy is in deep, deep trouble'Despite the West's frustration with how Russia's economy still appears to be holding up, the sanctions appear to be finally working. "In five years, you're going see a really disastrous slowdown in the Russian economy," said Portes, who called for stronger sanctions enforcement. AdvertisementIn April 2022, Russia's central bank governor Elvira Nabiullina warned Russia's reserves can't last forever. "A significant problem is that they are running out of foreign exchange reserves, and you can't create foreign reserves," Portes added.

Persons: —, hasn't, SWIFT, Alex Capri, Richard Portes, Portes, Alexander Kolyandr, Elvira Nabiullina, Russia's Organizations: Service, West, Society, Worldwide Interbank Financial Telecommunications, Business, SWIFT, European Union, National University of Singapore, US Customs Service, London Business School, Carnegie Endowment, International Peace, Central Bank of Locations: Russia, Ukraine, Moscow, Russian, SWIFT, Capri, Asia Pacific, Europe, India, China, Central Bank of Russia, Russia's

☆ Singapore’s Lawrence Wong sworn in as new prime minister — the first leadership change in 20 years
▼ + stars: | 2024-05-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Lawrence Wong was sworn in on May 15 as Singapore's new prime minister, after Lee Hsien Loong stepped down following two decades in office. Edgar Su | Afp | Getty ImagesSINGAPORE — Singapore's Lawrence Wong was inaugurated as the city-state's fourth prime minister on Wednesday, taking over from former prime minister Lee Hsien Loong, who has led Singapore for 20 years. Trade and industry minister Gan Kim Yong will be promoted to deputy prime minister and work alongside current DPM Heng Swee Keat. Lee, the eldest son of Singapore's founding Prime Minister Lee Kuan Yew, announced last month he will hand over power to the new prime minister in mid-May. Wong also served as principal private secretary to then prime minister Lee Hsien Loong from 2005 to 2008.

Persons: Lawrence Wong, Lee Hsien Loong, Edgar Su, Singapore's Lawrence Wong, Lee, Gan Kim Yong, Heng, Kim Yong, Swee Keat, Wong, Gan, Ong Ye Kung, helming, Singapore's, Lee Kuan Yew Organizations: Afp, Getty, SINGAPORE, Trade, Monetary Authority of, Party Locations: Singapore, Monetary Authority of Singapore, Gan

☆ Singapore’s Riches Grew Under Its Leader. So Did Discontent.
▼ + stars: | 2024-05-14 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

He made Singapore even more prosperous by largely following the semi-authoritarian and free-market model pioneered by his father, Lee Kuan Yew, the country’s first leader. On Wednesday, Singapore gets a new leader for the first time in nearly 20 years. But there are concerns that the vaunted “Singapore model” is failing more and more people. Singapore is one of the most expensive cities in the world, but it does not have a minimum wage. The strains are exacerbated by the need for overseas workers; about 40 percent of Singapore’s nearly six million people are not citizens.

Persons: Taylor Swift, Lee Hsien Loong, Lee Kuan Yew, Lee, Lawrence Wong Locations: Singapore, United States

☆ No, ChatGPT-4o isn't coming for your job. Yet.
▼ + stars: | 2024-05-14 | by ( Matthew Loh | Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

Read previewOpenAI unveiled its latest ChatGPT tech on Monday, presenting a new voice mode that can show and detect emotion in a sophisticated, conversational style. They also cautioned that most people have been reacting to a tech demo, which can often be highly tailored and might not necessarily reflect the product's true capability. pic.twitter.com/ZncytI234K — Allen T (@Mr_AllenT) May 13, 2024OpenAI also showed potential adopters new use cases, such as translation and teaching services. AdvertisementThe new video camera and voice features do wonders for ChatGPT's potential in roles like customer support, van Rossum added. But it's going to be much more difficult for ChatGPT to take over customer support, teaching, or negotiation, Leong said.

Persons: —, Scarlett Johansson, OpenAI, — Allen, Mira Murati, ChatGPT, wpB6sGjA7E, Alex Kantrowitz, Siri, Alexa, Daan van Rossum, van Rossum, Leslie Teo, Teo, Ben Leong, it's, Leong, Simon Lucey, Lucey, We've Organizations: Service, Big, Business, AIs, Companies, Singapore, National University of Singapore, University of Adelaide's Australian Institute for Machine, Microsoft Locations: Big Tech, Singapore

☆ Meet the students stacking internships and battling each other to get a foot in Goldman Sachs' and JPMorgan's doors
▼ + stars: | 2024-05-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +8 min

All this, the business administration student says, is part of his quest to land a job with a big bank like Goldman Sachs or JPMorgan. Advertisement"I have to grind a lot for academics and then do internships on top of that," Loh said. Many Singapore students have adopted a similar playbook to Loh's, padding their résumés with stacks of internships in the hopes of landing a spot at a top bank. AdvertisementHussain ended up doing five internships throughout his college career, including stints at a hedge fund and a private bank. Tan is slated to join a top European bank as an investment banking analyst this summer.

Persons: —, Channon Loh, he's, Loh, Goldman Sachs, Mike Kemp, Eric Sim, Sim, It's, Adnan Hussain, Hussain, Adnan Hussain Adnan Hussain, you'll, Nicholas Tan, Tan, Duo Geng Goh, Goh, it's, Chi Ang, gunning, Ang, Adrian Choo, Choo Organizations: Service, National University of Singapore, NUS, JPMorgan, Business, Getty, Goldman, Harvard, Crazy Rich, UBS Investment Bank, BI, Singapore Management University, SMU, Students, Banking Locations: Singapore, Crazy

☆ A '9-to-5 millionaire' shares 2 ways to increase your day job income — and the 'offense-defense' strategy that propelled him to financial independence
▼ + stars: | 2024-05-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Shao Chun Chen built wealth by sticking to simple principles: live below your means and invest early and regularly. Shao shared the strategies he used to increase his income while working his day job, plus the formula he used to achieve financial independence. Shao Chun Chen worked at Google Singapore for eight years. Shao Chun Chen"I forced myself. To play good offense, start by evaluating your day job.

Persons: Shao Chun Chen, He's, Merrill Lynch, Shao, you've, You've Organizations: Business, NTU Singapore, Google, BI, Google Singapore, National University of Singapore Locations: Singapore

☆ Dementia cases are on the rise — avoid these 12 risks to keep your brain healthy
▼ + stars: | 2024-05-08 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

Halfpoint Images | Moment | Getty ImagesA global mental health crisis is on the horizon — dementia. While a healthy body can mitigate dementia risks, a healthy mind is no less important. "We do know [that] people who have cumulative mental health symptoms during their lifetime, actually [have] an increased risk of dementia," said Singham. "If we see symptomatic improvement [to one's mental health] throughout the life course, then that can decrease your chances of having dementia eventually." "The other thing I would encourage young people to do is have a very disciplined, good sleep hygiene because our brains really really need to rest," Ng said.

Persons: Timothy Singham, Singham, Ng Ai Ling, " Ng Organizations: World Health Organization, WHO, National University of Singapore, CNBC, Community Services

☆ An ex-Google employee shares the 3-part strategy he used to prepare for layoffs and achieve financial independence
▼ + stars: | 2024-05-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAfter eight years at Google, Shao Chun Chen was laid off on February 14, 2024. "A big part of your identity is where you work," Chen, who was leading a sales team at the time, told Business Insider. He says he focused on three things throughout his 20s and 30s to grow his investment portfolio and achieve financial independence. He about tripled his salary at Google and worked his way up to making six-figures, according to employment verification letters viewed by BI.

Persons: —, Shao Chun Chen, Chen, He'd, Merrill Lynch, It's, you've, WIMUT THAMMAKESORN Chen, you'll, it's, Chen wouldn't, he's, Shao Chun Chen Chen Organizations: Service, Google, Business, BI, National University of Singapore, NFL, NUS, BMW Locations: Singapore

☆ China’s Xi is visiting Europe for the first time in five years – his goodwill tour will be an uphill struggle
▼ + stars: | 2024-05-04 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Major breakthroughs with China’s toughest critics will be hard to come by unless Xi is ready to make surprise concessions. And the trip could instead serve to underscore divisions – not only between Europe and China – but those within Europe that could play to China’s favor, analysts say. Chinese President Xi Jinping and French President Emmanuel Macron visit a garden in Guangdong during Macron's state visit to China last April. Putin has said he plans to visit China this month, according to Russian state media. Xi may also look to highlight Chinese investments in both Belgrade and Budapest in a message to the rest of Europe.

Persons: Xi Jinping, Andrea Bocelli, –, Xi, China –, ”, Noah Barkin, Hungary –, Ursula von der Leyen, Emmanuel Macron, Von der Leyen, Olaf Scholz, Chong Ja Ian, “, Chong, Jacques Witt, China’s, Macron, Russia …, Wang Yiwei, Vladimir Putin, Putin, Aleksandar Vučić, Viktor Orban – Organizations: CNN, European Union, Ukraine, German Marshall Fund of, EU, “, National University of Singapore, Getty, Beijing’s Renmin University, NATO, Reuters, EV Locations: China, Italy, France, Germany, United Kingdom, Russia, “ China, Europe, Berlin, United States, Serbia, Hungary, Beijing, Paris, “ France, North America, Guangdong, Ukraine, Switzerland, Barkin, “, Belgrade, Budapest, Balkans, Balkan

☆ Asia's first spot bitcoin and ether ETFs debut in Hong Kong
▼ + stars: | 2024-04-30 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

Dado Ruvic | ReutersHong Kong on Tuesday launched six spot bitcoin and ether exchange traded funds — becoming the first in Asia to offer retail investors the ability to trade the cryptocurrencies at spot prices. The cryptocurrency ETFs were issued by three Chinese firms — China Asset Management, Bosera Asset Management, and Harvest Global Investments — on the Hong Kong exchange. Spot bitcoin ETFs by ChinaAMC, Bosera HashKey and Harvest were above 3% higher in early trading, but subsequently gave up some gains to trade by about 1.5% higher. The three ether ETFs were trading above 1% in the morning, but fell into negative territory by the late afternoon. The spot crypto ETFs had received regulatory approval under the provision of virtual asset management services, but crypto futures ETFs have been trading on the HKEX since late 2022.

Persons: Dado Ruvic, Bosera, Bitcoin, Antoni Trenchev, Nexo, Trenchev, Han Organizations: Reuters, Tuesday, China Asset Management, Bosera Asset Management, Harvest Global, Hong, Hong Kong's Securities, Futures Commission, ChinaAMC, U.S . Securities, Exchange Commission, CNBC, Stock Exchange of Hong, ., Harvest Global Investments Locations: Reuters Hong Kong, Asia, China, Hong Kong, U.S, Singapore, Dubai, Japan, South Korea, Stock Exchange of Hong Kong

☆ A longevity researcher is facing backlash for claiming to 'reverse aging.' Scientists say there's no consensus on what it means.
▼ + stars: | 2024-04-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewHarvard researcher Dr. David Sinclair has found himself at the center of controversy within the longevity community. He's also earned his share of critics who say his research isn't always backed up by sufficient evidence. Animal Biosciences reissued a press release walking back the "reverse aging" claim. But scientists in the field say the issue is even more fundamental: There's no way to reverse aging, much less measure it. That means debates about the semantics of aging will only become more relevant to our daily lives.

Persons: —, David Sinclair, Sinclair, He's, Dr, Nir Barzilai, Matt Kaeberlein —, Matt Kaeberlein, Barzilai, it's, it'll, Andrea Maier, Jeff Bezos, Peter Thiel Organizations: Service, Business, Street Journal, Animal Biosciences, Newsweek, The Academy for Health, Academy for Health, Academy, National Institute, Aging, MIT Technology, National University of Singapore, Longevity

☆ 'We are different, we are unique:' Owner of Singapore's One°15 Marina is expanding the brand overseas
▼ + stars: | 2024-04-26 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We are different, we are unique:' Owner of Singapore's One°15 Marina is expanding the brand overseasArthur Tay, chairman and CEO of SUTL Group, talks about expanding his ONE°15 brand overseas so others can "understand the Asian ways of indulging in marine and yachting tourism."

Persons: Arthur Tay Organizations: SUTL

☆ Israel's plan to invade Rafah is 'not surprising,' says former Singapore diplomat
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael's plan to invade Rafah is 'not surprising,' says former Singapore diplomatBilahari Kausikan, chairman at the National University of Singapore's Middle East Institute, says "the Americans have made it clear many times, several times, that there is a limit to their patience, but that limit keeps being pushed."

Persons: Bilahari Kausikan Organizations: National University of Singapore's Middle East Institute Locations: Rafah, Singapore

☆ Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
▼ + stars: | 2024-04-24 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Not only would that deal another huge blow to China’s tech ambitions, it would further deepen the divide between two digital worlds centered around the rival economic superpowers. Congress on Tuesday approved legislation that could compel ByteDance to sell TikTok or face a national ban. That leaves few options for ByteDance to secure the future of TikTok in the US, its biggest market with 170 million users. “This includes everything from who owns and operates data centers, to space-based internet satellites, to undersea cables and, of course semiconductors.”In that sense, the TikTok ban has its silver lining for Beijing. Growing challenges for Chinese appsThe TikTok legislation was included in a wide-ranging foreign aid package meant to support Israel, Ukraine and Taiwan.

Persons: Hong Kong CNN —, ByteDance, Joe Biden, TikTok, “, ”, Alex Capri, Richard Windsor, Capri, Biden, Paul Triolo, ” Triolo, Wang Wenbin, CNN’s Marc Stewart, Triolo doesn’t, — CNN’s Wayne Chang, Marc Stewart Organizations: Hong Kong CNN, Foundation, National University of Singapore’s Business, YouTube, Google, Radio Free Mobile, TikTok, Technology, Albright, Commerce Department, Commerce, China’s, Foreign Ministry, Facebook, Apple Locations: China, Hong Kong, America, Beijing, Capri, “, Asia, Israel, Ukraine, Taiwan, Silicon Valley, American, Bytedance, “ Beijing

☆ The Gaza war has 'definitely dented America's image,' former diplomat says
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Gaza war has 'definitely dented America's image,' former diplomat saysKishore Mahbubani, distinguished fellow at the National University of Singapore's Asia Research Institute, discusses the war in Gaza and says there's "a gap between global public opinion and American public opinion."

Persons: Kishore Mahbubani Organizations: National University of Singapore's Asia Research Institute Locations: Gaza

☆ Some families are hiring multilingual nannies. They say there are clear benefits for their children.
▼ + stars: | 2024-04-24 | by ( Pooja Mistry Shah | ) www.businessinsider.com time to read: +6 min

These caregivers can help children connect with the family's native tongue. "I definitely recommend it to families to help their children with their linguistic tools and global appreciation." Advertisement"We intentionally picked a Filipino caregiver who spoke Tagalog for live-in help because of how nurturing and outgoing the community is," Bhalla Mistry told BI. "Children who grow up multilingual often develop better communication skills and can switch between languages more easily," Bhalla Mistry said. Multilingual nannies can help children connect with their native tonguesMaria Olsson-Tysor of Orange County, California, hails from Sweden and only speaks Swedish to her children, while her husband speaks to them in English.

Persons: —, Candi Vajana, Vajana, nannies, multilingualism, Jayna Patel, Patel, Natasha Bhalla Mistry, Bhalla Mistry, Bhalla, Maria Olsson, " Olsson, Tysor, Olsson Organizations: Service, Business, Montessori Locations: Miami, Singapore, London, COVID, Switzerland, Orange County , California, Sweden

☆ India kicks off the world's largest elections this week. Here’s what you need to know
▼ + stars: | 2024-04-18 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India's Prime Minister Narendra Modi on April 15, 2024. The 2024 general elections will pan out in seven phases over the next six weeks, starting April 19. India's meteoric riseUnder Modi's rule, India's economy has scaled to new heights. It is now the world's fifth-largest economy with a GDP of $3.7 trillion and has set its sight on becoming the world's third largest economy by 2027. Home to 1.4 billion people, the world's most populous country is the fastest growing economy in the world.

Persons: Narendra Modi, Idrees Mohammed, Hong Kong's, Modi, Suyash Rai, Joe Biden, Chietigj Bajpaee, Biden, Bajpaee, Rahul Gandhi, Rajiv Gandhi, Indira Gandhi, Jawaharlal Nehru, Amitendu Palit, Modi's, R.satish Babu Organizations: Bharatiya Janata Party, India's, Afp, Getty, Voters, Monetary Fund, Carnegie India, CNBC, White, Bloomberg, India, South Asia, Chatham House, BJP, National Democratic Alliance, Indian, Developmental Inclusive, Indian National Congress, Institute of South Asian Studies, National University of Singapore, NDA, Centre, of Foreign Relations, Reuters Locations: Lok Sabha, Lok, Hong, Washington, U.S, India, China, Raipur, Coimbatore

☆ Singapore's new Prime Minister Lawrence Wong will take office on May 15
▼ + stars: | 2024-04-15 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Singapore's new prime minister Lawrence Wong will be sworn in on May 15, 2024. SINGAPORE — Singapore's Prime Minister Lee Hsien Loong will step down on May 15 and hand over the power to Deputy Prime Minister Lawrence Wong, the Prime Minister's Office said on Monday. Wong, who will be sworn in at 8 p.m. local time that day, will be Singapore's fourth prime minister since its independence in 1965. Lee has served as prime minister since 2004. Wong, who is 51, entered politics after being elected a member of parliament during the 2011 General Election.

Persons: Lawrence Wong, Lee Hsien Loong, Wong, Lee Organizations: SINGAPORE — Singapore's, Minister's, Action Party, Finance, Monetary Authority of Locations: SINGAPORE, Monetary Authority of Singapore

☆ Goldman strategist discusses Fed monetary policy and ASEAN markets
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman strategist discusses how change in expectations around Fed may affect Southeast Asia marketsTimothy Moe, co-head of Asia macro research and chief Asia-Pacific equity strategist at Goldman Sachs, discusses the Monetary Authority of Singapore's decision to keep monetary policy unchanged, the outlook for Southeast Asian central bank monetary policy and his equity strategy for the region.

Persons: Goldman, Timothy Moe, Goldman Sachs Organizations: Monetary Authority Locations: Asia, Pacific

☆ What 'vibecession'? Some 80% of people in Singapore say they're bullish about the economy
▼ + stars: | 2024-04-10 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey's 2024 poll. Damircudic | E+ | Getty ImagesMajority of the residents in Singapore are bullish about where the economy is headed and confident that the government will be able to support them during their retirement. The results in Singapore buck the global trend, where less than half the adults polled are positive about where their economy is going. The survey gathered results from over 4,300 adults living across Australia, France, Germany, Mexico, Singapore, Spain, Switzerland, the United Kingdom and the United States between March 8 and 25. That's despite predictions by the International Monetary Fund that the global economy is approaching a "soft landing" and that inflation is slowly moderating.

Persons: SurveyMonkey, Eric Johnson, joblessness Organizations: Getty, CNBC, International Financial Security, International Monetary Fund, United Locations: Singapore, Mexico, U.S, Australia, Germany, France, Spain, Switzerland, United Kingdom, United States, States

☆ The 'sandwich generation' faces pressure as the world ages — here are 3 tips to prevent burnout
▼ + stars: | 2024-04-09 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

"There's this tendency in the welfare state to sort of outsource the elderly care," Jan-Emmanuel De Neve, director of the Wellbeing Research Centre at Oxford University told CNBC Make It. Although home-care for the elderly improves their wellbeing, it can also place pressure on younger generations. The so-called sandwich generation refers to middle-aged people who have elderly parents to care for, as well as their own children who are still dependent on them. The younger generations have to support their elderly parents or grandparents. "This would entail defining one's family value system, setting out personal goals, life aspirations, allocating and committing personal resources," Wong suggested.

Persons: Momo, John Wong, Jan, Emmanuel De Neve, Wong, Jialu Streeter, boomers, Streeter Organizations: WHO, Getty, National University of Singapore's, Science, CNBC, World Health Organization, United Nations, Economic, Oxford University, Loo Lin, of Medicine, NUS, Stanford Institute for Economic, Pew Research, Stanford Institute for Economic Policy Research Locations: Hong Kong, South Korea, Japan

☆ A man named Brick is being caned in Singapore for illegally sneaking into the country on a small boat: local report
▼ + stars: | 2024-04-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Brick, 26, is an Indonesian man who is set to be caned nine times for trying to illegally enter Singapore. Caning is a judicial punishment in Singapore that can be given to male offenders who are below 50. AdvertisementA 26-year-old Indonesian man was sentenced to 18 months in prison and nine strokes of the cane in Singapore for illegally entering the island nation by swimming, local media reported. Singaporean outlet Channel News Asia identified the man by only one name — Brick — and reported that he approached Singapore on a small boat called a sampan in June 2023. Given his latest sentence, the total rises to 34 cane strokes and 68 months in prison.

Persons: —, Brick, Brick's, Michael Fay, Fay, Singapore's, Halimah Yaacob Organizations: Service, Channel News Asia, CNA, Business, Staff Locations: Indonesian, Singapore, Batam, Indonesian Embassy

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