Morgan Stanley Sees Further China Stock Downside Before Bottom

More flexible jobs, higher tax relief among measures to help older workers stay employed

More flexible jobs, higher tax relief among measures to help older workers stay employed The raising of the retirement and re-employment ages will be brought forward to 2029 as assurance that seniors can keep working if they wish to, said tripartite partners. SINGAPORE: More support for flexible jobs and higher tax relief for working seniors were among several tripartite measures announced on Monday (Oct 26) to encourage older workers to keep working if they want to, and employers to hire or...

Oil slides over 2% as traders weigh Saudi attack risks, demand destruction

U.S. crude oil fell over 2% on Monday as investors weighed the threat of further attacks on Saudi Arabian energy infrastructure against concerns that elevated prices could eventually erode demand. U.S. West Texas Intermediate futures slid 2.19% to $101 a barrel, while Brent crude futures declined 1.89% to $114.51 a barrel. The pullback followed a sharp rally on Friday after attacks by Yemen's Houthi militants on Saudi Arabia reignited fears of disruptions to global energy supplies.

(USD:UGX) Shilling Freefall Has Uganda Tapping Meager Reserve War-Chest

Indonesia strengthens measures against stock manipulation after market rout triggered by MSCI

Indonesia strengthens measures against stock manipulation after market rout triggered by MSCI JAKARTA: Indonesia on Monday (Oct 26) introduced more measures to address stock market manipulation, including adding independent parties to a committee determining stocks with concentrated ownership structures, after MSCI said the country could be demoted due to concerns about opaque trading. The measures came after MSCI announced earlier this month that it could demote Indonesia's stock exchange...