How much of ANT will Singapore Inc own?
Ant, the fintech controlled by Alibaba’s billionaire founder Jack Ma, will sell shares in a dual listing in Shanghai and HK. The sale, roughly 3.34bn shares, which account for 11% of Ant’s total outstanding stock, will fetch US$34.4bn. The Shanghai portion is worth Rmb114.9bn (US$17.2bn) or about half the total. GIC is subscribing...
Employers face problem with Work from Home
Many workers prefer to work from home (WFH). They do not have to spend time commuting to office. They have more freedom. But WFH comes at a cost to the employer. It can be a heavy cost. The employer has to make sure that the workers are productive. They have to earn enough revenue to keep the business viable. The employer cannot...
The Curse Of The Outcast Artifacts Or Tokens
As a faux connoisseur of ancient western Greek, Etruscan, and Roman artifacts, I love my objects and I know a teeny bit about their cultures and history. The ancients, Greeks, Romans, others were really not much different than us, other than they had no laws to protect 'slaves or peasants' and they could simply trade in human...
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