[Post 446] China's "ghost" railway stations prompt questions about rapid expansion of high-speed network

Summary

China has the world’s most extensive high-speed railway network, and it is still rapidly expanding. But the system has come under scrutiny, with 26 decommissioned train stations scattered across the country. Observers point to over-investment, low passenger flow and remote locations as key reasons. CNA’s Tan Si Hui visits some of these so-called ‘ghost’ stations.

[Post 445] Riding the global stock market rollercoaster | Money Talks podcast

Summary

Global financial markets were in a spin recently when the Japan's main stock index suffered its worst day in 37 years and stocks on Wall Street faced their sharpest decline in nearly two years.

Eddy Loh, chief investment officer of Maybank Group Wealth Management, tells Andrea Heng what this means for economies and for investors.

[Post 444] The Singapore watch strap brand winning over Ed Sheeran and watch lovers worldwide

Summary

Singapore watch strap brand Delugs has grown from a small bedroom operation to an international brand. The brand’s founders, husband-and-wife duo Kenneth Kuan and Chia Pei Qi, want to make strap changing a lifestyle. 

[Post 443] Pulau Ubin's Last Malay Taxi Driver: Holding On To Singapore Kampung Life | On The Red Dot

Summary

Azman Hamid fell in love with Pulau Ubin while growing up on the island. Even though he has moved to the mainland more than three decades ago, his heart remains on Ubin. He has been taking a boat to the island daily ever since to work as a taxi driver. He calls himself the last Malay driver in Pulau Ubin, because he literally is. Together with 6 other drivers of taxi vans on the island, Azman is committed to preserving Pulau Ubin’s kampong life in the face of urban development and dwindling visitor numbers.

[Post 442] Why Hong Kong Is Losing Its Youths And Talents To Mainland China

Summary

Hong Kong graduates and youths are looking to mainland China for work and business opportunities. Some are even choosing to work and live in cities like Guangzhou or Shenzhen and super-commute back to Hong Kong on weekends. And that’s possible because the Greater Bay Area, an economic zone of 9 major cities in the Guangdong province, is designed to facilitate people movement.

[Post 441] China Gen-Zs Are Choosing Blue-Collar Jobs Over White-Collar Work. Why? | Money Mind | Gen Z

Summary

What’s a young graduate to do when he’s surrounded by millions of unemployed peers, and there are not enough traditional white-collar jobs to go around? For Gen Z in China, one solution is to take up blue-collar jobs.  

[Post 440] Saving Too Much Could Cost You Money: Savings Mistakes To Avoid | Money Mind | Personal Finance

Summary

Why saving too much can actually be a financial mistake – and where you could stash that cash instead.