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☆ Bernie Ecclestone: Former F1 supremo to sell car collection worth ‘hundreds of millions’
▼ + stars: | 2024-12-02 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Former Formula One boss Bernie Ecclestone has announced he will sell his entire car collection, estimated to be worth “hundreds of millions” of dollars. The collection, which is made up of 69 cars, includes world championship-winning Ferraris raced by the likes of Michael Schumacher and Niki Lauda. Bernie Ecclestone and Tom Hartley Jr. stand with Ecclestone's car collection. Ecclestone has entrusted Hartley Jr with selling the collection. Tom Hartley Jnr/PAEcclestone tried his hand at racing in the 1950s, before becoming a driver manager for Stuart Lewis-Evans and Jochen Rindt, both of whom were tragically killed while competing.

Persons: Bernie Ecclestone, Ferraris, Michael Schumacher, Niki Lauda, Alberto Ascari’s, Brabham BT46B, Tom Hartley Jr, Tom Hartley, Ecclestone, “, ”, Hartley, Hartley Jr, Stuart Lewis, Evans, Jochen Rindt, Lauda, Nelson Piquet Organizations: CNN, Formula, Brabham, F1 supremo, HM Revenue, Customs, BBC, Brabham F1 Team, Formula One, One Promoters Association, One, Liberty Media Locations: Singapore

☆ I quit my job 5 years ago and got a one-way ticket to Bali. I've been to 24 countries, and I'm not returning to the US anytime soon.
▼ + stars: | 2024-12-01 | by ( ) www.businessinsider.com time to read: +6 min

To support my lifestyle, I started my own business where I can work from anywhere in the world. I wanted to try the digital nomad lifestyle for one to two years. I also joined nomad communities like WiFi Tribe and stayed at co-livings so I could build digital nomad friendships and relationships. Traveling through Latin AmericaIn 2022 came my Latin America stint: Puerto Rico, Colombia, Brazil, Costa Rica, Ecuador, Peru, Mexico, and Guatemala. AdvertisementIn a way, being a digital nomad is my extreme solution to work-life balance.

Persons: I've, Koh Lanta, I'd Organizations: Duraca, DC Locations: DC, Bali, Southeast Asia, Latin America, Europe, Java, Singapore, Malaysia, Angkor Wat, Cambodia, Thailand, Vietnam, Ha Giang, Puerto Rico, Colombia, Brazil, Costa Rica, Ecuador, Peru, Mexico, Guatemala, Bogota, los Muertos, Oaxaca, Latina, America, Lima, Macchu Picchu, Cusco, Arequipa, Iquitos, Chachapoyas, Mexico City, Rome, Italy, Greece, Spain, France, Albania, Romania, Amalfi, San Sebastian, Briançon, Paros, Africa

☆ I'm a travel writer who has visited 68 countries—the 4 'magical places' I think about moving to most
▼ + stars: | 2024-11-30 | by ( Meena Thiruvengadam | ) www.cnbc.com time to read: +3 min

I wonder what it would be like to live in most of the places I visit, but I know I can't make everywhere home. As a Chicago-based travel writer, I constantly discover magical new places all over the world. Of the nearly 70 countries I've made it to so far, these are the four places I think about moving to the most. I love its long summer days and midnight sunsets, its love of electronic music, and its robust art and food scenes. Courtesy of Meena ThiruvengadamUnlike Chicago, where I live now, winters in Portugal are mild, making Lisbon pleasant year-round.

Persons: don't, Meena Thiruvengadam Organizations: Meena, U.S Locations: Sydney, Australia, Istanbul, Reykjavik, Chicago, Helsinki, Finland Helsinki, Finland, Meena Thiruvengadam Singapore, Singapore, Marina, Sands, Texas, Lisbon, Portugal, Chicago , New York, Italy, Sorrento, New York City, Rome

☆ The most auspicious year for Chinese births is almost over. For dragon babies, the competition is just getting started.
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +9 min

"Dragon babies are, for the most part, intensely desired and prized by their parents. Seah said dragon babies will also have a tougher time looking for jobs after graduation. AdvertisementThe study also found that Chinese dragon babies were 2.3% less likely to gain admission to local universities in Singapore. But the latest crop of dragon babies may have it easier, with competition evening out as birth rates drop. Dragon babies might have once been subject to great pressure to exceed expectations, but Gietel-Basten says he'd be "surprised" if that same level of pressure would be applied to 2024's dragon babies as they grow older.

Persons: Jackson Koh, Koh, it'll, It's, Fatih Aktas, —, Cheng Ong, Melissa Anne Lim, Lim, Kelvin Seah, Seah, Stuart Gietel, he'd, Basten, that's, Chen Qibao, Lee Hsien Loong, Lee, Qian Wenlan, Qian Organizations: Singapore's Nanyang Technological University, Getty, Singapore's Department of Statistics, National University of Singapore, NUS, Business, Singapore —, Hong Kong University of Science, Technology, Publishing, Getty Images, National Bureau of Statistics, Singaporean Locations: Singapore, Asia, Fatih, Anadolu, China, Basten, Getty Images China, China's, Xinhua, Seoul, South Korea

☆ I stayed in a 110-year-old ship that's been converted into a beachfront hotel. It was a great retreat from living in a concrete jungle.
▼ + stars: | 2024-11-28 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +7 min

AdvertisementI stayed in Doulos Phos The Ship Hotel, a short ferry ride from Singapore. AdvertisementFrom the get-go, I was blown away by the vastnessThe front of the ship hotel, with its two anchors preserved. Aditi BharadeAs my taxi turned the corner from the ferry terminal, I took in the sheer size of the 430-foot-long ship hotel. The bathroom, too, was huge — much larger than some hotel rooms I've stayed in. AdvertisementThe bathroom was larger than hotel rooms I've stayed in, in the past.

Persons: Eric Saw, Aditi Bharade, Aditi Organizations: Life, Southeast Asia that's, Titanic, Business Locations: Doulos, Singapore, Indonesia, Southeast Asia, New York City, Indonesian, Bintan's, Texas, Rome, Kenya, Bintan

☆ Pharma giant Sanofi opens $595 million vaccine facility in Singapore to boost preparedness for potential pandemics
▼ + stars: | 2024-11-27 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A Sanofi logo sits on the facade of the company's headquarters on December 11, 2020 in Gentilly near Paris, France. SINGAPORE — French pharmaceutical giant Sanofi on Wednesday opened a 800 million Singapore dollar ($595 million) "evolutive vaccine facility," or EVF, in Singapore — the only such facility the company has outside of France. The facility will contribute about 200 jobs to the city-state, including bioprocess engineers, automation specialists and data analysts, and will be fully operational by mid-2026. Sanofi said in a release that the facility holds the potential to significantly bolster pandemic preparedness. "By establishing the groundwork for crucial production modules now, Modulus can ensure a swift and targeted response to any future health needs, including potential pandemics," the company said.

Persons: Sanofi Organizations: Sanofi, Wednesday, Singapore, Singapore — Locations: Gentilly, Paris, France, SINGAPORE, Singapore

☆ I started a business where I got paid to play 'Dungeons & Dragons' with people. 3 years later, we run 180 games a month at our main studio, and I'm living the nerdworld dream.
▼ + stars: | 2024-11-27 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +5 min

Inspired by Critical Role, Najid and his partners opened a studio for paid D&D games in 2021. We began to get more bookings, and the single-room studio space wasn't enough. AdvertisementSetting up a proper studio space, too, has improved the player experience. There's also a community space outside our main studio, where people can hang out before and after their "D&D" games. Right now, I still run games — but I've limited it to a yearlong campaign for a small group of players.

Persons: Farez Najid, Najid, Shou Zi Chew, I'd, Cheryl Teh, Jodie Yeo, Dennet Krishnan, prepped, There's, We've Locations: Singapore

☆ Asia-Pacific markets set to open higher after U.S. stocks hit new records
▼ + stars: | 2024-11-26 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

The central business district skyline at Marina Bay waterfront on May 10, 2023 in Singapore. Asia-Pacific markets are set to open higher on Tuesday, tracking gains on Wall Street as U.S. benchmarks notched record highs following President-elect Donald Trump's choice for Treasury secretary. Australia's S&P/ASX 200 traded 0.14% higher in its first hour of trade, after hitting a new all-time closing high on Monday. Japan's Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at 38,875 and its counterpart in Osaka at 38,830 compared to the previous close of 38,780.14. Hong Kong's Hang Seng index futures were at 19,245, higher than the HSI's last close of 19,150.99.

Persons: Donald Trump's, Australia's Organizations: Japan's Nikkei Locations: Marina, Singapore . Asia, Pacific, Chicago, Osaka

☆ AI engineers are in high demand — but what is the job really like?
▼ + stars: | 2024-11-26 | by ( Nessa Anwar | ) www.cnbc.com time to read: +1 min

"Artificial intelligence" and "job creation" aren't typically two terms thrown together in the same sentence — and for good reason. One report from Goldman Sachs in 2023 estimated 300 million full-time jobs could be lost to automation. Tens of millions of jobs are also being created by AI, with jobs that require AI specialist skills growing at 3.5 times the pace of jobs overall. CNBC met with three Singaporeans working with AI across multiple sectors, as they fought scams and fraud, developed large language models and designed chatbots. Watch the video above to learn how engineers are leveraging AI in their jobs – and why it's never too late for a career switch.

Persons: Goldman Sachs, 2016,1, Rajat Maheshwari, Mastercard Joel Garcia, it's Organizations: CNBC, & Intelligence Solutions, Mastercard, ASEAN, Amazon Leong, SEA Locations: United States, United Kingdom, Canada, Singapore

☆ Jon Chu shares updates on a long-awaited 'Crazy Rich Asians' sequel
▼ + stars: | 2024-11-25 | by ( Kaitlyn Schwanemann | Kaitlyn Schwanemann Is An Intern For Nbc News. | ) www.nbcnews.com time to read: +2 min

Jon M. Chu, fresh off the set of the blockbuster “Wicked,” shared details about the potential “Crazy Rich Asians” sequel. “There’s too much on the line for everybody.”Shortly after the 2018 release of “Crazy Rich Asians,” a sequel to the romantic comedy began moving forward. “Crazy Rich Asians” grossed $35 million within five days of its premiere, and it was the first major studio film to feature an all-Asian cast in 25 years. “Crazy Rich Asians” skyrocketed several Asian American actors to stardom, including Constance Wu, Awkwafina, Henry Golding and Gemma Chan. Warner Bros. Theatre Ventures revealed in April that the “Crazy Rich Asians” musical, which will mark Chu’s Broadway debut, was in the works.

Persons: Jon M, Chu, ”, ” Chu, “, Rich, Constance Wu, Awkwafina, Henry Golding, Gemma Chan, Michelle Yeoh, Kevin Kwan, Rachel, Wu, Nick, Golding, “ Rich Organizations: Rich, Rich Asians ”, Hollywood, Crazy Rich Asians, Warner Bros, Singapore ., Warner Bros . Theatre Ventures Locations: American, Singapore

Will Trump’s former defense lawyer protect the Justice Department from Trump? Justice Department attorneys now hope that Trump’s pick for the critical No. 2 position at the department — Todd Blanche, the president-elect’s defense lawyer — can help protect the department’s career civil servants from Trump. Blanche served as Trump’s lead criminal defense lawyer in the Stormy Daniels hush money case brought by Manhattan District Attorney Alvin Bragg. Incoming district attorney Nathan Hochman, who is set to take office Dec. 2, has said he needs to review the case before he makes a decision.

Persons: Todd Blanche won’t, Menendez, Will Trump’s, Mark Peterson, Matt Gaetz, Donald Trump’s, Trump, Pam Bondi, Todd Blanche, —, Blanche, Daniels, Attorney Alvin Bragg, Blanche won’t, he’s, Read, Republican Sen, Bill Hagerty, ’, Ted Soqui, Ted Erik, Lyle Menendez’s, Kitty Menendez, George Gascón, Nathan Hochman, Ding Liren, Dommaraju, Leon Watson, Magnus Carlsen, Ryan Sun, AP Saquon Barkley, Greg Rosenstein, artment of, Fr e Organizations: Trump, Department, Justice Department, Manhattan, Attorney, DOJ, of, Republican, Cabinet, Trump’s Cabinet, Los Angeles District, Beverly Hills, Incoming, NBC News, Chess, AP, Eagles, ams, Fr Locations: Florida, Trump, Southern, York, Beverly, India, China, Singapore

Budgeted salary increases for 2025 across Southeast Asia are expected to be higher than in 2024, according to a new report. As the end of the year approaches, the budgeted salary increases for 2025 across Southeast Asia are projected to be higher than in 2024, according to a November report by professional services firm Aon. For example, Southeast Asia has been "a sandbox environment for a lot of technology companies, i.e. in Singapore, to be setting up shop, so it is attracting capital... and then that creates a demand for talent to serve this growth," Chawla said. Here's how much salary budgets are projected to increase in 2025 across six Southeast Asian countries, according to Aon.

Persons: Rahul Chawla, Chawla, It's, Cheng Wan Hua Organizations: Global, Management, CNBC Locations: Southeast Asia, Aon, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Asia

☆ Chess World Championship: Inside the grueling world of the tournament
▼ + stars: | 2024-11-25 | by ( Issy Ronald | ) edition.cnn.com time to read: +8 min

CNN —Ding Liren slumped over the board with fallen chess pieces scattered in front of him in the moments after he won the Chess World Championship last year. The Chess World Championship is an extraordinary, singular event. Zhang Shuo/China News Service/VCG/Getty Images“You lose weight during a chess tournament of this intensity. Several questions are running through a chess player’s head when an opponent makes a move, says Pein, rattling them off. Qualifying is so difficult that one appearance at a world championship might be all that a chess player can hope for.

Persons: CNN — Ding Liren, Ian Nepomniachtchi, “, Bobby Fischer, ” Viswanathan “ Vishy ” Anand, China’s Ding, India’s Gukesh, Ding Liren, Russia's Ian Nepomniachtchi, Zhang Shuo, ” Malcolm Pein, Magnus Carlsen –, Ding, ”, Gukesh, Garry Kasparov, Anatoly Karpov, Karpov, Kasparov, Danny Rensch, it’s, Rensch, Vishy, Dipayan Bose, What’s, Carlsen, Nepomniachtchi, They’re, ” Rensch, ” Pein Organizations: CNN, Olympus, CNN Sport, China News Service, English, Daily Telegraph, YouTube Locations: Singapore

☆ Chess’ next move: The future looms over the game's world championship, once again missing its biggest star
▼ + stars: | 2024-11-24 | by ( Leon Watson | Leon Watson Is A Veteran Chess Journalist Based In London | ) www.nbcnews.com time to read: +8 min

“Normally, the world championship is very successful at finding and celebrating the best player in the world. It’s still got a lot of prestige, but this year it’s a bit of a strange one.”In some ways, this should be the biggest world championship yet. Howell noted that it’s not particularly rare for the world chess championship to be without the game’s top player. “There have been several cases of a player being world champion, but maybe not being the strongest on paper. The FIDE World Chess Championship is presented by Google, with online coverage and commentary provided by FIDE and Chess.com.

Persons: Ding Liren, Norway’s Magnus Carlsen, David Howell, Carlsen’s, it’s, ” Howell, It’s, That’s, “, Magnus Carlsen Carlsen, Ding, Carlsen, Russia’s Ian Nepomniachtchi, ” Carlsen, Hans Niemann, Howell, ”, Max Euwe, Vasily, Smyslov, Tigran, Petrosian, Vladimir, Kramnik, Viswanathan Anand, India’s, Ding’s, Gukesh, Arkady Dvorkovich, Bobby Fischer, Anand, They’re Organizations: NBC News, International Chess Federation, Nepomniachtchi, Norway Chess, FIDE, Russian, Google Locations: India, China, Norway, Singapore, Norwegian, Budapest, Russian, Ukraine, Moscow, Russia, Asia

☆ The World Chess Champion Could Lose His Title, and It Might Not Be Close
▼ + stars: | 2024-11-22 | by ( Dylan Loeb Mcclain | ) www.nytimes.com time to read: +1 min

Never has a chess world championship titleholder seemed as vulnerable. On Monday, Ding Liren, the reigning world champion, will begin a match in Singapore to defend the title against the 18-year-old player Gukesh Dommaraju. His results were far below his previous level and also below the level of what might be expected of a world champion. A month later, in a Chess 960 tournament in Germany, he lost 10 of 13 games. (Chess 960 is a variant in which the pieces on the back ranks are shuffled into one of 960 possible starting configurations.)

Persons: Ding Liren, Gukesh, Ding, Ian Nepomniachtchi Locations: Singapore, China, Netherlands, Germany

☆ 6 tourists who died are believed to have drunk tainted alcohol in Laos
▼ + stars: | 2024-11-22 | by ( Aditi Bharade | Hannah Abraham | ) www.businessinsider.com time to read: +3 min

AdvertisementSix tourists who died in Laos are believed to have consumed tainted drinks. Several tourists who died in Vang Vieng, Laos are believed to have drunk tainted alcohol. The Australian Broadcasting Corporation wrote that local authorities in Laos were investigating the case and trying to ascertain where the tainted alcohol came from. It is unclear how the other four tourists could have come into contact with tainted alcohol. November 22, 2.30 a.m. — This story was updated to include comments from the Australian Department of Foreign Affairs and Trade.

Persons: Brit, Holly Bowles, Anthony Albanese, Bowles, Bianca Jones, Simone White, Toan, Nana backpacker, Médecins, Vang Vieng Organizations: Brit, US State Department, Australian, Denmark's Ministry of Foreign Affairs, CNN, Australian Broadcasting Corporation, Associated Press, BBC, US Centers for Disease Control, British Foreign Office, Danish Ministry of Foreign Affairs, Business, Australian Department of Foreign Affairs, Trade Locations: Laos, Danes, Vang Vieng, Thailand, British, London, Asia, Indonesia, Singapore

☆ In forgotten parts of Singapore's iconic Orchard Road shopping street, a new era is taking shape
▼ + stars: | 2024-11-22 | by ( Kevin Lim | ) www.cnbc.com time to read: +6 min

The Far East Shopping Center on Orchard Road in Singapore, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty ImagesThe Far East Shopping Center along Singapore's Orchard Road has seen better days. Orchard Road, Singapore's main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch as well as at selected malls linked via underground walkways to subway stations. Far East Shopping Center isn't connected to Orchard MRT unlike several of its neighbors. Two of the properties, the voco Orchard hotel and Forum The Shopping Mall, share some 180 meters of frontage along Orchard Road.

Persons: Ong Beng Seng, hasn't, CDL, Singapore's URA, URA, Richard Goh, Rasa Singapura, Sukanto Tanoto, Du Shuanghua, Jeremy Lake Organizations: Shopping, Bloomberg, Getty, Shopping Center, Singapore Botanic Gardens, Urban Redevelopment, Properties, Singapore, Developments, CDL Hospitality, Arts, CNBC, Singapore Botanic, Pacific Eagle, Food, Savills Singapore, Concorde Locations: Orchard, Singapore, Delfi Orchard, Istana Park, Canning, HPL

☆ Adani Group slams 'baseless' New York fraud and bribery charges
▼ + stars: | 2024-11-21 | by ( April Roach | ) www.cnbc.com time to read: +2 min

Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022. Photographer: Edwin Koo/Bloomberg via Getty ImagesIndia's Adani Group on Thursday denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani, saying all such claims were "baseless." Shares of companies in India's Adani Group plunged after Gautam Adani, one of the world's richest people, was indicted in a New York federal court on charges regarding an alleged bribery and fraud scheme. An Adani Group spokesperson said the allegations made by the U.S. Department of Justice and the U.S. Securities and Exchange Commission against directors of Adani Green Energy are "baseless and denied." Following the indictment charges, Adani Green Energy cancelled plans to raise around $600 million through U.S. dollar-denominated bonds.

Persons: Gautam Adani, Adani, Edwin Koo, Sagar Adani, Vneet Jaain, GQG Partners, CNBC's Boon Ping, Dan Mangan Organizations: Adani, Forbes, Summit, Bloomberg, Getty, India's Adani, Energy, U.S . Department of Justice, U.S . Securities, Exchange Commission, GQG, Green Energy, Citi, . Locations: Singapore, India, U.S, New York

☆ Morgan Stanley CEO is bullish on stocks, says the U.S. economy is 'outperforming'
▼ + stars: | 2024-11-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Morgan Stanley CEO Ted Pick on Thursday expressed optimism about the stock market, saying that the U.S. economy will continue to outperform in 2025. "The world is still led by the U.S. consumer," Pick told CNBC's "Squawk Box Asia" from the Morgan Stanley summit in Singapore. He does acknowledge there will be some caution, due to factors including policy uncertainty, but "on the whole, people are are understandably continuing to be constructive." Pick said Morgan Stanley predicts that the broad-based S&P 500 will increase, pointing out that sectors like financials and industrials could perform with continued economic growth and some deregulation. The S&P 500 has gained just over 24% year to date, while the Dow Jones Industrial Average has seen a 15.13% climb.

Persons: Morgan Stanley, Ted Pick, Pick, CNBC's, industrials Organizations: Dow Jones Locations: U.S, Singapore

☆ Trump tariffs to push down U.S. growth 'a great deal' going into 2026, Morgan Stanley warns
▼ + stars: | 2024-11-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Donald Trump's proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley's chief global economist Seth Carpenter. In the event that they are enacted all at once, they could result in a "big negative shock" to the economy, Carpenter told CNBC's Sri Jegarajah on the sidelines of Morgan Stanley's annual Asia Pacific Summit in Singapore. Carpenter, who maintained Morgan Stanley's base case of these tariffs being spread over 2025, said they would lead to higher inflation. "Then into 2026, we think growth starts to come down a great deal in the U.S. because of those tariffs and some of the other policies," he cautioned. Very clear, tariffs are a drag on growth for the U.S., not just for the countries that the tariffs are put on," Carpenter added.

Persons: Donald Trump's, Morgan Stanley's, Seth Carpenter, Trump, Carpenter, CNBC's Sri, Morgan, Mark Malek, Siebert, Joe Biden, Trump's, Malek, Ben Emons Organizations: Asia Pacific Summit, Microsoft, Apple, U.S . Federal Reserve, FedWatch Advisors Locations: China, CNBC's Sri Jegarajah, Morgan Stanley's, Singapore, U.S

☆ I took a job at JP Morgan for the prestige. Quitting to travel changed the way I view success.
▼ + stars: | 2024-11-19 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

AdvertisementAshley Tan got a job at JP Morgan in Singapore after graduating from university. This as-told-to essay is based on a conversation with Ashley Tan, 29, who quit her job at JP Morgan Singapore to travel. After graduating from university, I went straight to work and took a role at JP Morgan for the company name. I joined JP Morgan because of it's prestigeI was hired by JP Morgan in December 2022 as an events and marketing analyst. It was scary, but I officially quit JP Morgan in March because I knew I'd regret it if I didn't take the risk.

Persons: Ashley Tan, Tan, It's, I've, JP Morgan, Morgan, I'd, it's, it'll, I'm, what's, you've, Tess Martinelli Organizations: Morgan, JP Morgan, JP, Singapore Locations: Singapore, JP Morgan Singapore, Bali, Europe, Australia, tmartinelli

☆ Morgan Stanley upgrades this fintech stock, sees almost 30% upside from here
▼ + stars: | 2024-11-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Accelerating earnings growth should drive shares of Futu Holdings higher, according to Morgan Stanley. The investment bank upgraded the fintech stock to overweight from equal weight and raised its price target by $45 to $115. Specifically, the analyst pointed to substantial client asset growth in the company's third-quarter results, forecasting a year-over-year increase of 38%. Beyond that, Huang expects earnings to see year-over-year growth of 19% in both 2025 and 2026 overall. FUTU YTD mountain FUTU, year-to-date Shares rose more than 2% in the premarket on Monday following the call.

Persons: Morgan Stanley, It's, Chiyao Huang, Huang Organizations: Futu Holdings Locations: Singapore, Japan

☆ I made it to managing director after 17 years in banking, then I quit. I didn't want to work myself into the ground well into my 60s.
▼ + stars: | 2024-11-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Sim left banking in 2017 and is now a published author, professional speaker, and career coach. This as-told-to essay is based on a conversation with Eric Sim, 54, a former banker turned professional speaker and executive coach. When I picked banking as a career, I had very little idea of what the job would actually involve. I can play the game, but I don't enjoy the gameSim left UBS in 2017 and is now a professional speaker and executive coach. Through my work as a speaker and lecturer, I have been able to share my know-how in banking and career planning with more people.

Persons: Eric Sim, Sim, I'd, Goldman Sachs, Morgan Stanley —, I've, I'm Organizations: DBS Bank, DBS, Lancaster University, Standard Chartered, Citibank, UBS, Banking Locations: Singapore, London, Shanghai, Hong Kong, secondments, China, Asia

☆ I'm an AI researcher at Google and I've worked in the industry for 20 years. This is my advice for people entering the field.
▼ + stars: | 2024-11-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Google AI specialist Yann AïtBachir suggests building a strong foundation in technical skills. This as-told-to essay is based on a conversation with Yann AïtBachir, an AI specialist at Google based in Singapore. Just under two months ago, I started working as an AI specialist at Google. AdvertisementCome in with strong technical skillsWhile I studied AI 20 years ago, the fundamentals haven't really changed. You need to specialize in one area of AI because it's quite a wide scope with generative AI, predictive AI, and natural language.

Persons: Yann AïtBachir Organizations: Big, Google, Big Tech Locations: Big Tech, Singapore

☆ A millennial couple in Singapore spent 8 months turning a rundown unit into their dream home. Take a look inside.
▼ + stars: | 2024-11-15 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Jeremy Ng and Amanda Misso bought the first floor of a 1950s house in Singapore for about $1.34 million. AdvertisementJeremy Ng and Amanda Misso bought their house in Singapore in 2022. Amanda Goh/Business Insider"Sometimes, when you go to viewings, every other condo looks the same. Amanda Goh/Business InsiderAbout a fifth of the country's resident population lives in private housing, which includes condominiums and landed property. Amanda Goh/Business InsiderAs much as they love their house, there's just one tiny thing they wish they'd changed about the place.

Persons: Jeremy Ng, Amanda Misso, —, Joo Chiat, Amanda Goh, Misso, Ng, Jill, they're, Amanda, there's, they'd, you've Organizations: Service, Singapore —, Zurich —, Housing, Urban Land Institute Asia Pacific Centre for Housing Locations: Singapore, Geylang

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