Companies and expatriate professionals have long been drawn to the business-friendly country, but COVID has prompted soul-searching among many relatively affluent expats in Singapore, where foreign workers make up a fifth of its 5.5 million population.
- Macro MattersFed likely to hike rates in March as Powell vows sustained inflation fight
The Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what U.S. central bank chief Jerome Powell pledged will be a sustained battle to tame inflation.
- DisruptedSamsung Elec targets smartphone growth in 2022, sees solid chip demand
Samsung Electronics said it aims to win a bigger share of the smartphone market this year with more 5G-capable models.
- Asia PacificNorth Korea fires two missiles as U.S. condemns flurry of tests
Nuclear-armed North Korea fired what appeared to be two short-range ballistic missiles on Thursday, drawing condemnation from the United States for what would be the sixth round of missile tests this month.
- EuropeOmicron subvariant appears more contagious, but not more severe, Denmark says
- Asia PacificAustralia reports fewer COVID-19 deaths, hospitalisations steady
- ChinaBeijing city limits movement in more areas to curb COVID cases before Olympics
- Future of HealthWanted: Volunteers to catch COVID in the name of science
- Future of HealthModerna starts trial for Omicron-specific booster shot
- AmericasCOVID-19 cases at highest ever in Americas -regional health agency
- Future of HealthPfizer, Moderna shots safe during in vitro fertilization; healthy gut bacteria may help prevent long COVID
GraphicsOn the edge of war
A build-up of Russian troops along Ukraine’s borders leaves the West wary Moscow could invade.