Saturday, 25 May 2024

Thursday, 23 May 2024

[Post 377] What does the yen at a 34-year low mean for Japanese companies, consumers and tourism?





Summary

The Japanese yen has fallen sharply to a 34-year low against the US dollar. The weak yen is positive for inbound visitors, but Japanese consumers and companies are feeling the pinch. CNA's Henry Yin and Michiyo Ishida explain.

Wednesday, 22 May 2024

[Post 376] What's driving China's gold buying spree?





Summary

Gold has surged to record levels this year. 

It's benefiting as investors flee to safe-haven assets amid geopolitical concerns and recession chatter. 

And there's a strong China connection.

But why is gold a top choice? Roland Lim explains.

Tuesday, 21 May 2024

[Post 375] CNA Explains: Why is gold a safe haven asset?





Summary

From sticky inflation and high interest rates to bank failures and recession chatters, it has been a rough few years for investors. Many have been seeking shelter in safe haven assets. But why is gold a top choice for them? CNA’s Olivia Marzuki explains.

Monday, 20 May 2024

[Post 374] How to make the best use of your SkillsFuture credits | Money Talks podcast


Summary

Japan is known for its unforgiving work culture -- characterised by long hours, obligatory drinking parties and a rigid hierarchy. Some 9% of workers in the country put in more than 60 hours a week in 2022. But a post-pandemic reset and shifting attitudes among the younger generation are slowly driving change. Japanese youth remain some of the unhappiest among developed countries, ranking 73rd in the latest World Happiness Report. CNA's Michiyo Ishida follows one young worker to find out more about this generational shift.

Sunday, 19 May 2024

[Post 373] Work cultures in East Asia: Why do more young people choose to 'lie flat'?





Summary

Younger workers in East Asia are rebelling against long working hours, seeking greener pastures that enable a better work-life balance. CNA's East Asia Tonight takes a look at what this means for societies and dives deep into a post-COVID reset in Japan's workplaces.