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Asset-rich, cash-poor retirees not at fault

Asset-rich, cash-poor retirees not at fault

Old flats in Joo Chiat I disagree with Professor Benedict Koh, director of the Singapore Management University's Centre for Silver Security, that the asset-rich, cash-poor phenomenon is an outcome of over-investment in property ("Asset-rich, cash-poor retirees speak up"; last Saturday). It is our economic success in a fast-changing... 

Nelson Mandela dies at 95

Nelson Mandela dies at 95

Former South African President Nelson Mandela has died at age 95 of complications from a recurring lung infection. The anti-apartheid leader and Nobel laureate was a beloved figure around the world, a symbol of reconciliation from a country with a brutal history of racism. Mandela was released from prison in 1990 after nearly... 

Anti-immigrant backlash growing in Europe

Anti-immigrant backlash growing in Europe

A new Financial Times/Harris poll reveals rising anti-migration backlash in the big EU member states. 1. National restrictions on EU migrants’ rights to access social benefits were backed by 83% of Britons, 73% of Germans and 72% of French respondents. 2. About 3 in 5 respondents disapproved of Romanian and Bulgarian citizens... 



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