Here’s a great infographic describing what cryptocurrencies are, how they work and how they came about.
Category: Economy
The US$100B club
It’s Oct 2021. This chart by visual capitalist shows the ten richest people on our planet. Their fortunes go up and down depending on the
SORA – the new benchmark interest rate for Singapore
SIBOR, SORA & SOR – these are terms used to describe the mechanism of how interest rates benchmarks are computed in Singapore. For a long
World’s first commercial meat manufacture plant in Singapore
Can you manufacture meat without the farm animal? Well, meat is a combination of various amino acids chemically mixed and technology has enabled this to
Top 10 richest people in Singapore
These are the top 10 richest in Singapore. Their wealth came from mainly their shares in companies that have appreciated in value.
Diversifying investments is important, but don’t fall into these myths
If your basket of different investments are all affected in the same way by certain economic conditions, it is not much of a diversification.
US$5.4 trillion losses from global tourism due to COVID-19
Global tourism plunged since the start of COVID-19. But how much is actually lost due to this? The UN estimated that losses could mount to
1 in 2 high-income earners has money problems
It’s not how much you earn but how much you spend. When your income is high, you tend to leverage more as you pursue acquisition
