A string of failed business ventures started while studying at Raffles Institution and a battle with anxiety led Theodoric Chew, 25, to start Intellect, an app that claims to have attracted two million users since it launched in April 2020.
Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in U.S. crude and fuel inventories, while the ever-present pandemic clouded the demand outlook.
Texas and several other U.S. states have sued the administration of President Joe Biden over his decision to revoke a key permit for the Keystone XL pipeline, Texas Attorney General Ken Paxton said in a statement late on Wednesday.
Britain proposed weakening the market grip of "Big Four" auditors on Thursday and making company directors responsible for spotting fraud after the collapses of retailer BHS and builder Carillion.
The US economy is heading for its strongest growth in nearly 40 years, the Federal Reserve said on Wednesday (Mar 17), and central bank policymakers are pledging to keep their foot on the gas despite an expected surge of inflation.
Asian stocks were set for modest gains on Thursday after the Federal Reserve pledged to keep monetary policy and rates unchanged and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases.
The U.S. economy appears set to leave other developed markets in the dust this year with the largest annual growth spurt in decades, new Federal Reserve forecasts indicate, but that divergence is not worrying to the central bank's top official.
