The standard political divide in Thailand is between the pro-establishment yellow shirts and the populist red shirts. But this summer students are taking a different approach – they want the country to re-examine the role of the monarchy. The FT’s Bangkok bureau chief John Reed reports. See if you get the FT for free as
Month: October 2020
Chadwick Boseman attends the 91st Annual Academy Awards on Feb. 24, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images When “Black Panther” star Chad Boseman died almost two months ago after a four-year battle with colon cancer, he didn’t have a will. Now, the fate of at least part of the 43-year-old actor’s estate
Daniel Balakov | E+ | Getty Images With billions of dollars flowing into sustainable investing strategies, it’s safe to say it’s no longer a fad. Investors are pouring cash into funds that use environmental, social and governance criteria to screen the companies they invest in. Even passive investors are jumping in: There were 534 sustainable
Rep. Alexandria Ocasio-Cortez has had more than her fair share of viral moments, and the social media-savvy politician just added yet another to that list of online hits with one of the biggest debut Twitch streams ever. On Tuesday night, the 31-year-old congresswoman joined the Amazon-owned live-streaming platform, where she played a few rounds of
GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the next week. On Wednesday, the China Securities Regulatory Commission gave the green light for Ant Group’s dual Shanghai and Hong Kong listing to go ahead.
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings
A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly same-store sales growth of more than 8%, but a shift to delivery is boosting costs and resulting in
Jamie Grill | Getty Images If you’ve nearly drained your savings due to the coronavirus pandemic but have a retirement account, it’s now easier than ever to draw it down. While taking money out of such an account before retiring is generally something financial advisors say to avoid, it may make sense for those who
Getty Images It’s no secret that many people worry whether Social Security will be there for them when they retire. And recent headlines could be stoking those fears. Last week, the Social Security Administration announced the annual cost-of-living adjustment will be 1.3% in 2021. The change will amount to just $20 more per month for
Whatever the outcome, the November presidential election promises to bring a period of uncertainty and volatility to the markets. However, equities are still your best long-term bet, two experts said on Tuesday at the CNBC Financial Advisor Summit, a day-long virtual conference for financial advisors. After hitting fresh highs even during the Covid-19 crisis, stocks
Sara Blakely built Spanx into a billion-dollar brand having no background in design, business or manufacturing. She launched the company in 1998 with just $5,000 she had saved from selling fax machines door to door. But beyond just seed money, Blakely says that job provided something else important for her and for Spanx: Working in
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images Alaska and New Jersey Delays in $300 unemployment Delays are largely attributable to sluggish state administration, which has been hampered by antiquated, decades-old technology and an elevated level of jobless claims. More than 25 million
Indian commuters travelling past large billboards in Mumbai for ‘Sacred Games’, Netflix’s first original Indian series. The streaming giant is locked in a battle with Amazon Prime for a slice of India’s fast growing on-demand video market. INDRANIL MUKHERJEE | AFP | Getty Images Netflix subscribers in the Asia-Pacific (APAC) region were the largest contributor
Shares of embattled electric vehicle start-up Nikola jumped by almost 12% during premarket trading Wednesday after a General Motors executive said the automaker still sees a tie-up with the company being a great opportunity. GM President Mark Reuss said the automaker continues “to work the opportunity” of its $2 billion deal with Nikola that was
US President Donald Trump and Democratic presidential candidate and former US Vice President Joe Biden are seen during the first presidential debate on a YouTube video displayed on a screen of a smartphone. United States presidential election scheduled on November 3, 2020. Pavlo Conchar | LightRocket | Getty Images Don’t let the bitterness of the
Paul Bradbury | OJO Images | Getty Images As more Americans push for diversity, equality and inclusion in the world around them, financial advisors are finding ways to adapt. The Black Lives Matter movement and nationwide protests have changed the dynamic, yet many financial firms are still dominated by White males. In 2019, 77.7% of
Mario Gabelli Scott Mlyn | CNBC Investor Mario Gabelli struck a positive note on Tuesday on the U.S. economy even as coronavirus cases in the country are on the rise. More than 8 million coronavirus cases have been confirmed in the U.S. alone, according to data from Johns Hopkins University. A CNBC analysis also found
Jack Ma, Alibaba Group Jean Chung | Bloomberg | Getty Images A spate of IPOs and robust tech growth helped China’s billionaires add $1.5 trillion to their wealth, bringing the total worth of China’s billionaires to $4 trillion, according to a new report, which described the increase as the country’s fastest growth ever. China minted
JPMorgan’s Business Complete Banking service Source: JP Morgan JPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned. The bank is rolling out a checking account that is paired with a
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for its third quarter of 2020 after the bell on Tuesday. Here are the key
Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Ford Motor plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover, the company said Tuesday. The vehicles are the automaker’s fourth-generation self-driving test vehicles in partnership
SEC chairman Jay Clayton testifies during a hearing of the House Financial Services Committee’s subcommittee on Investor Protection, Entrepreneurship, and Capital Markets on June 25. Brendan Smialowski-Pool/Getty Images Many investments available to mom-and-pop investors aren’t appropriate for that audience to buy, and should instead be held by sophisticated investors, the head of the SEC said
Spencer Platt | Getty Images News | Getty Images The S&P 500 is up about 5% since the end of July, and that higher market historically would be a sign President Donald Trump will remain in the White House, if stocks hold their gains into the election. But strategists say the so-called stock market indicator
I’ve surveyed thousands of adults around the world — from the financially affluent to the middle-class to the poor — about two very simple, universally valuable resources: Time and money. Unsurprisingly, most people focus too much on working and making money, and not enough on having more time. But shifting your mindset to prioritize time
Noam Galai | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. IBM – Shares shed more than 6% after IBM’s third-quarter results showed a third straight quarter of declining revenue. The company earned an adjusted $2.58 per share for the quarter, which was in line with Street forecasts,
Would you talk differently if you knew a machine was listening to you and grading you based on what you were saying, or based on whether you were using positive or negative words, or even if the sound of your voice was optimistic or pessimistic? Apparently, Wall Street executives are talking differently. They are trying to
As the Ford Bronco and Jeep Wrangler battle over traditional off-road supremacy next year, General Motors has its sights set on a new segment with a different competitor: Tesla. The Detroit automaker resurrects the Hummer on Tuesday night as an all-electric “supertruck” that’s set to go on sale in roughly a year – likely ahead,
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs The FT’s Leslie Hook takes a look inside an Amazon centre in Tracy, California, as it gears up for the holiday shopping season. For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Katrina Wittkamp | Getty Images About three weeks into Medicare’s annual fall open enrollment, voters will choose who’s going to occupy the White House starting in January. While President Donald Trump has taken some steps to ease certain costs for Medicare beneficiaries and has proposed other changes, Democrat challenger Joe Biden has some ideas of
Acorns mobile application Acorns Acorns is expanding into the hiring market. The eight-year-old fintech company announced a partnership with online job market ZipRecruiter on Monday, which allows Acorns clients to browse and apply for jobs within the app. Acorns’ hiring portal is the first of its kind for a financial services company. The launch had
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