Singapore's Prime Minister Lawrence Wong will receive a 64% pay increase starting October 15, raising his salary to 3.6 million Singapore dollars (about $2.85 million USD). This is the first adjustment to ministerial salaries in 15 years, reflecting a benchmark against top corporate earners with a 40% public service reduction. Wong pledged to donate his entire salary increase to charity for the next five years, acknowledging public scrutiny over high pay. The raise aims to attract talent to public service despite not matching private sector CEO salaries, with a transparent pay system free of pensions or hidden perks.
Spot Bitcoin ETFs saw a net inflow of about $305 million last week, recovering after two weeks of outflows. Early in the week, Bitcoin funds attracted over $1 billion before significant withdrawals on Thursday and Friday reduced gains. Meanwhile, Eth...
US markets showed volatility as concerns about the sustainability of the AI investment boom grew and oil prices surged, complicating inflation and interest rate expectations ahead of the Federal Reserve's upcoming decision. Treasury yields declined f...
Bitcoin ETFs experienced a net outflow of $137.94 million on Friday, reversing over $1 billion of inflows earlier in the week, highlighting a volatile and tactical institutional demand. Major players like Blackrock and Fidelity led both the inflows a...
QuickSwap's token (QUICK) fell sharply by 36% within 24 hours, closing at $0.00336 on October 25. Despite a daily trading range high of $0.0043, the price decline occurred without any confirmed catalyst or significant change in network activity. Trad...
Lam Research Corporation's shares have fallen 29% after previously being rated as overvalued. This price correction has significantly changed the valuation outlook for the stock. The semiconductor industry's $200 billion wafer fabrication boom is a m...
