Author: Admin

“First-class” retirement income systems that are robust, sustainable, deliver good benefits and have a high level of integrity get an A from Mercer[SINGAPORE] Singapore’s Central Provident Fund (CPF) has become the first in the Asia-Pacific to earn an A rating in an annual global ranking of pension systemsCPF climbed from a B+ in 2023 and 2024 to join the Netherlands, Iceland, Denmark and Israel in the A-league of the 2025 Mercer CFA Institute Global Pension Index. This is the first time CPF attained an A in the index’s 17 years.“First-class” retirement income systems that are robust, sustainable, deliver good benefits…

Read More

Pedestrians pass a Huawei Technologies Co. flagship store in Shenzhen, China, on Wednesday, Oct. 8, 2025. Qilai Shen | Bloomberg | Getty ImagesChina’s consumer prices fell more than expected in September, while the deflation in producer prices persisted, underscoring the impact of sluggish domestic demand and trade worries on consumer and business sentiment.The consumer price index fell 0.3% in September from a year earlier, National Bureau of Statistics data showed on Wednesday, a sharper decline than economists’ forecast of 0.2% slide, although easing from the 0.4% drop in August.Prices ticked up 0.1% month-on-month, a smaller than expected recovery compared to…

Read More

BILLINGS, Mont. — BILLINGS, Mont. (AP) — Federal officials rejected a company’s bid to acquire 167 million tons of coal on public lands in Montana for less than a penny per ton, in what would have been the biggest U.S. government coal sale in more than a decade.The failed sale underscores a continued low appetite for coal among utilities that are turning to cheaper natural gas and renewables such as wind and solar to generate electricity. Emissions from burning coal are a leading driver of climate change, which scientists say is raising sea levels and making weather more extreme.President Donald…

Read More

The NCAA passed rules Monday that would upend decades of precedent by allowing colleges to pay their athletes per terms of a multibillion-dollar lawsuit settlement expected to go into effect this summer.The nine proposals passed by the NCAA board were largely expected but still mark a defining day in the history of college sports. An athlete’s ability to be paid directly by his or her university is on track to be enshrined in a rulebook that has forbidden that kind of relationship for decades.For the NCAA rules to officially go into effect, the changes prescribed by the House settlement still…

Read More

The previous time the Dallas Cowboys looked this bad on defense five years ago, their one-and-done defensive coordinator at least made it to the end of the season.Dak Prescott’s gruesome ankle injury in Week 5 might have played a role in that, leaving Dallas in a spot where not much else mattered with the franchise quarterback sidelined so long in a season with the COVID-19 pandemic.This time, Prescott is showing his near-MVP form of two years ago, and it’s not making much of a difference. In the past three games, Prescott has produced 11 touchdowns (10 passing) without a turnover…

Read More

Today is the High Court’s deadline for a firm linked to Baroness Michelle Mone to repay £122m for supplying defective PPE at the height of the pandemic, with no indication the Department of Health and Social Care (DHSC) will be paid in full.PPE Medpro, the company founded by her husband Doug Barrowman and introduced to a “VIP lane” for providers by the Conservative peer, has until 4pm to make the payment. While Mr Barrowman has described himself as the “ultimate beneficial owner” of PPE Medpro, and says £29m of profit from the deal was paid into a trust benefitting his…

Read More

The State Department said Tuesday it has revoked the visas of six people for making incendiary social media comments about the assassination of conservative activist Charlie Kirk.The six people — none of whom were named — hailed from Argentina, South Africa, Mexico, Brazil, Germany and Paraguay, the department said in a series of X posts. Some of them made comments that suggested Kirk deserved to be killed.”The United States has no obligation to host foreigners who wish death on Americans,” the State Department wrote on X. “The State Department continues to identify visa holders who celebrated the heinous assassination of…

Read More

An early cryptocurrency investor dubbed the “Bitcoin Jesus” has agreed to pay up to $49.9 million to resolve charges he evaded tens of millions of dollars in taxes, the U.S. Department of Justice said in a court filing on Tuesday.Roger Ver entered into a deferred prosecution agreement resolving mail fraud and tax evasion charges in federal court in Los Angeles after publicly campaigning earlier this year for President Donald Trump to “help to end this lawfare.”Ultimately, Trump did not pardon him. But the deal Ver reached with his administration, which has taken a friendly view of the crypto sector, will…

Read More

The Trump administration’s new tariffs on imported furniture, kitchen cabinets and other housewares, along with lumber, took effect Tuesday, added costs that economists say could push up prices for consumers. Mr. Trump announced the trade measures on Sept. 29, saying the levies are intended to prevent such products manufactured abroad from “flooding” the U.S.”It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process,” Mr. Trump wrote on social media at the time.  The levies on imported wood products and furniture range from 10% to 50%. Although Trump administration officials maintain that tariffs are largely paid by…

Read More