Fast Retailing chief to donate ¥10 billion for medical research

Business Jun 24, 2020

Fast Retailing chief to donate ¥10 billion for medical research

Fast Retailing Co. Chairman and CEO Tadashi Yanai said Wednesday he will donate ¥10 billion ($94 million) to Kyoto University to support its medical research under two Nobel Prize winners, Tasuku Honjo and Shinya Yamanaka. The chief of Fast Retailing, the operator of the Uniqlo ...

Thailand aims to turn away from mass tourism and target wealthy

Asia Pacific Jun 19, 2020

Thailand aims to turn away from mass tourism and target wealthy

Thailand’s tourism-revival strategy is to target big spenders seeking privacy and social distancing in the COVID-19 era, rather than try to attract a large number of visitors. The pandemic provides an opportunity to reset the sector, which had become reliant on Chinese groups and backpackers. ...

Singapore expats ask for rent cuts as employers tighten belts

Business May 8, 2020

Singapore expats ask for rent cuts as employers tighten belts

Singapore expats are often envied for their generous pay packets but facing the prospect of salary cuts as the coronavirus batters businesses, some are tightening their belts and asking for lower rent. Clarence Foo, a real estate agent at APAC Realty Ltd. unit ERA, has ...

Mike Bloomberg gave almost $1 billion to his presidential campaign

World / Politics Mar 21, 2020

Mike Bloomberg gave almost $1 billion to his presidential campaign

Mike Bloomberg put a record $935 million into his short-lived Democratic presidential campaign through February, including $474 million last month alone, according to his monthly Federal Election Commission filing on Friday. The former New York City mayor's spending in February was a record monthly total ...

Bill Gates leaves Microsoft board to focus on philanthropy

Business / Tech Mar 14, 2020

Bill Gates leaves Microsoft board to focus on philanthropy

Bill Gates is stepping down from the board of Microsoft Corp., the company he co-founded in 1975 and built into the world's largest software maker, to devote more time to philanthropy. Gates, 64, has been scaling back his involvement in the company for more than ...