In U.S. mergers, no one waits for this waiting period

In U.S. mergers, no one waits for this waiting period

1:05am EST

By David Ingram

WASHINGTON (Reuters) – Sometime soon, maybe in the next month or so, a federal judge is expected to decide whether the creation of the world’s biggest passenger airline, as envisioned by two companies and the U.S. Justice Department, was really a good idea. Read more of this post

Singapore sting: Sky-high prices are pushing locals to the edge of affordability; Some Singaporeans are concerned that more attention has been paid to attracting wealth than addressing their needs

Singapore sting: Sky-high prices are pushing locals to the edge of affordability

Some Singaporeans are concerned that more attention has been paid to attracting wealth than addressing their needs

ROB O’BRIEN

TUESDAY 04 MARCH 2014

Singapore’s super rich are always on the lookout for new playthings. At a jetty near the Changi Airport over the weekend, a vehicle called The Humdinga – a cross between a Hummer and a boat – was launched in a display for local media. The amphibious car is designed for disaster relief and policing, but some of the city state’s wealthier residents are eyeing it as an alternative to another Ferrari 458. The chance to bypass traffic by dipping into the waterways to reach the office, golf course or their yacht, is pretty alluring. Read more of this post

Beijing Signals New Worry on Growth

Beijing Signals New Worry on Growth

Economic Growth Forecast Is Unchanged From Last Year at 7.5%, but Leaders Show New Concern on Reaching Goal

MARK MAGNIER

Updated March 5, 2014 2:08 a.m. ET

The Chinese government maintained the country’s growth target at 7.5% for the coming year. But as City University of Hong Kong professor Joseph Cheng tells Deborah Kan, concerns over steady growth are mounting. Read more of this post

Bernanke Finally Reveals, In One Word, Why The Financial System Crashed; Bernanke received at least $250,000 for his appearance. Or, in other words, more than he was paid for one full year as Fed chairman

Bernanke Finally Reveals, In One Word, Why The Financial System Crashed

Tyler Durden on 03/04/2014 23:32 -0500

Now that Ben Bernanke is no longer the head of the Fed, he can finally tell the truth about what caused the financial crash. At least that’s what a packed auditorium of over 1000 people as part of the financial conference staged by National Bank of Abu Dhabi, the UAE’s largest bank, was hoping for earlier today when they paid an exorbitant amount of money to hear the former chairman talk. Read more of this post

Bitcoin Claims Its First “Real” Victim; the 28-year-old CEO of Singapore-based Bitcoin exchange First Meta has been found dead.

Bitcoin Claims Its First “Real” Victim

Tyler Durden on 03/04/2014 20:45 -0500

[UPDATE: Tech in Asia has updated the article to emphasize that suicide is only suggested and not certain]

The last few weeks have been dismally littered with two things. The virtual losses of virtual wealth from virtual currency speculation and the very real losses of very real humans with very real senior financial services positions. Sadly, as NewsWatch reports, tonight sees the two trends converge as the 28-year-old CEO of Singapore-based Bitcoin exchange First Meta has been found dead. The exact reason that may have led to the suicide is not known, and whether the Police have concluded that the cause of death is suicide is also unofficial. Read more of this post

Heading toward the caregiving cliff; As the nation ages, experts are concerned that family caregivers won’t be able to meet demand

Heading toward the caregiving cliff

WRITTEN BYRichard Harris

Perhaps the most memorable moment of President Obama’s State of the Union address in January was when he introduced Sgt. First Class Cory Remsburg. Nearly killed by a massive roadside bomb in 2009 during his 10th deployment to Afghanistan, the Army ranger was found facedown in a canal. After nearly three months in a coma and dozens of surgeries, Remsburg — who was blinded in one eye — tried to acknowledge the standing ovation on Capitol Hill by standing up. But he needed help. At his side was his father, Craig, who lifted his son from his seat. Once up, Cory flashed the cheering crowd a thumbs-up. Read more of this post

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