Sunday, 15 December 2024

[Post 539] When Singapore Stock Exchange Was Suspended: The Pan-Electric Saga | Black Thursday - Part 2/2





Summary 

After three tense days of forced closure, the Stock Exchange of Singapore reopens. But the damage has been done - retail investors were left with scrips worth next to nothing. 

While Conrad tries to find out more about Peter Tham and his brokerage firm, the CAID team begin their investigation of Tan Kok Liang and Tan Koon Swan. A breakthrough in the case allows them a warrant for the ever-evasive Peter: it appears that Peter has forged scrips to secure more bank loans. 

Saturday, 14 December 2024

[Post 538] When Singapore Stock Exchange Was Suspended: The Pan-Electric Saga | Black Thursday - Part 1/2





Summary

But unknown to many, the company has been borrowing heavily from banks. To prevent widespread panic at the stock market and the loss of millions of dollars, the Stock Exchange of Singapore closes for three days in an unprecedented move. Who caused the stock exchange meltdown?

[Post 537] Why These American Men Are Seeking Love In Asia: The Rise Of Passport Bros | Insight


Summary

But how are passport bros received in the Philippines and Thailand, two of the top destination for these roaming Romeos? Are passport bros just an update of the sex tourists prevalent in Southeast Asia? Or are they simply lonely men looking for their shot at love?

Friday, 13 December 2024

[Post 536]Why Hong Kong Shoppers Are Flocking To Shenzhen, China To Hunt For Bargains | Money Mind


Summary

How do you save money on your shopping bills when you live in a small, crowded and expensive city? For an increasing number of Hongkongers, the answer is a trip across the border. 


Thursday, 12 December 2024

[Post 535] China Gen Zs Live In Budget Hotels While Looking For A Job In Shanghai | Money Mind | China


Summary 

Far from home and looking for employment, Chinese graduates find a temporary refuge in budget hotels that cater for young jobseekers. 

Wednesday, 11 December 2024

[Post 534] This Family Rents A Tiny Room To Save Up To Buy A Home In Hanoi, Vietnam | Money Mind


Summary

Hanoi resident Nguyen Van Lung and his family would like to buy their own home. With high property prices in Vietnam’s capital city, a mortgage is currently beyond their budget. So they are renting for now – but is renting a sustainable option in the long term?

Tuesday, 10 December 2024