Jewells Chambers is a 38-year-old American expat who lives on $73,000/year in one of the world's most expensive countries. She's lived in Iceland for eight years and has no plans to move back to the U.S.
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
From game consoles to processors, global hit video game Black Myth: Wukong has triggered a buying spree for more advanced computers and upgrades in China. While the boom plays into China’s desire to boost domestic consumption, as CNA's Lauren Ong finds out, it may even have a bearing on how China sees the gaming industry amid the ongoing tech war with the West.
China is facing an aging population. Over the next decade, about 300 million people are set to retire. This is nearly equivalent to the size of the US population.
As the silver tsunami buffets China, the country has started to tackle this issue, aiming to build basic elderly care systems in every province by 2025. Services will include material assistance, nursing, and caregiving. But in a country where filial piety is considered a core virtue, sending one’s parents to a care facility is a social stigma. There is an expectation that children should look after their parents, a view particularly held among the rural population. But in the face of economic headwinds, caring for the aged is becoming an increasing burden on China’s sandwich generation.
How will China navigate this cultural shift around eldercare?
Despite being a popular choice among investors, REITs have taken a beating all year. So could three key changes in Singapore, and from outside Singapore, be a turning point?
If you’re planning a trip to Hong Kong but want to escape the hustle and bustle of the city – or simply want to experience something beyond the usual tourist traps, shopping and eating, here are a few places to visit. (Video: Wallace Woon)
To help alleviate cost of living pressures, all coffee shops leased from the Housing and Development Board (HDB) will need to offer budget meal options by 2026. But how do such meals, which cost about S$3.50, affect incomes of hawkers?
Steven Chia and Crispina Robert speak to Dr Teo Kay Key, research fellow at IPS Social Lab, and Fabian Lim, co-owner of JOFA Meepok, JOFA Grill and JOFA-Oji Donburi.
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