The Business Times

Inequality

Singapore

Government to involve community more in tackling inequality, unlike old ‘silo’ approach: Desmond Lee

Enhancing social mobility is part of the government’s commitment to the next generation, said PM Wong.
Singapore

Singapore must prepare for ‘more churn’, as company failures are part of ecosystem renewal: PM Wong

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
Opinion & Features
THE BROAD VIEW

The problem with taxing the rich

Sweden has 45 billionaires, about 1.5 times more per capita than the US, which is often said to be enjoying a new gilded age.
Opinion & Features
THE BOTTOM LINE

Sweden: a socialist paradise overflowing with billionaires

(FILES) Signs of Swiss bank giant UBS bank are seen in Basel on April 4, 2023. The Swiss banking giant UBS has been fined close to $400 million for misconduct by its recently-acquired subsidiary, Credit Suisse, the US Federal Reserve announced on July 24, 2023. Swiss regulators pushed UBS to take over its former rival Credit Suisse earlier this year amid a banking crisis spurred by the collapse of US regional lender Silicon Valley Bank. (Photo by Fabrice COFFRINI / AFP)
Companies & Markets

Singapore average wealth continues uptrend as inequality surpasses several regional peers: UBS report

Two female employees claim that Apple determined starting salaries before 2018 by asking employees for their compensation history and that this practice “perpetuated historic pay disparities between men and women.”
Companies & Markets

Apple sued by female employees claiming pay discrimination

Some of Britain’s top financial firms pay women 28.8 per cent less on average than male counterparts, according to salary data from 21 companies reviewed by Reuters last month.
International

Fewer top women earners in British finance since pandemic: report

The global study - the most comprehensive of its kind to date - found that trade and finance-driven initiatives had made “limited” progress halting deforestation and in some cases worsened economic inequality.
ESG

Market-based schemes not reducing deforestation, poverty: report

US households have added US$37 trillion in wealth in the past four years, but the distribution has become more concentrated among the very rich – the top 0.1 per cent.
Wealth

Top 0.1% saw their share of US wealth rise, even as rest of 10% didn’t

Attendees attend the welcome reception event ahead of the World Economic Forum (WEF) in Davos, Switzerland, on January 15, 2024. The annual gathering of political leaders, top executives and celebrities runs from Jan 15 to 19.
Opinion & Features
THE BOTTOM LINE

Davos billionaires: What’s become of their dreams?

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