Here’s How Much You Need To Earn To Be ‘Rich’ in 23 Major Countries Around the World

Jan 14, 2022

By Nicole Spector



AS Inc. / Shutterstock.com

Here’s a look at how much you need to be considered rich in 23 countries around the world.

[The list seems to be in alphabetical order. A more obvious order would have either been in descending or ascending order of the value of the top 1%. In which case, United Arab Emirates would be #1 ($689,468), Singapore would be second ($627,111), and the United States, third ($506,752). Germany would be fourth ($327,069).]

Commentary: What the world would lose with the demise of Twitter

International organisations and government agencies have invested significant resources in using Twitter and have come to rely on the platform, says a researcher.

In Twitter's 15 years of existence, the platform has become the predominant communication channel for political and
government leaders, businesses, brands celebrities and news media. (Photo: AFP/File/EMMANUEL DUNAND)

Anjana Susarla

22 Nov 2022 

EAST LANSING, Michigan: What do a cybersecurity researcher building a system to generate alerts for detecting security threats and vulnerabilities, a wildfire watcher who tracks the spread of forest fires, and public health professionals trying to predict enrolment in health insurance exchanges have in common?

They all rely on analysing data from Twitter.

Malaysia GE15 result a hung parliament scenario; both PH and PN in pole position to form government

All eyes are now on the negotiations with possible partners, including the parties from Sabah and Sarawak.

Muhyiddin Yassin and Anwar Ibrahim speak during their respective party's press conference on Nov 20, 2022.
(Photos: CNA/Fadza Ishak/Gaya Chandramohan)

Pichayada Promchertchoo

Rashvinjeet S Bedi

20 Nov 2022 

KUALA LUMPUR: Malaysia’s 15th General Election (GE15) has resulted in a hung parliament scenario, with the Pakatan Harapan (PH) and Perikatan Nasional (PN) coalitions almost neck and neck in terms of the number of seats won.

With neither coalition having the numbers for an outright majority in the 222-seat Lower House, both coalitions will now negotiate with their potential partners in a bid to form the next government. 

New MIT system could cool buildings up to 10℃— without electricity

The system worked three times better than today’s state-of-the-art passive cooling system.

By Sam Jarman

October 13, 2022


As the world’s climate continues to heat up, the global demand for air conditioning is now skyrocketing. In 2019, the need for cooling drew in 8.5% of the world’s total electricity consumption, equating to some 1 billion tons of CO2 emissions.

As more air conditioning units draw ever more power each year, we now appear trapped in a cycle, only accelerating the problem of global heating further.

Commentary: What Elon Musk misses about how this generation works

Young people who are prepared to quit if they cannot define work on their own terms aren't selfish or immature. Employers who want to ban working from home need to understand a crucial mindset shift, says the Financial Times’ Gillian Tett.

FILE PHOTO: Working at home and in the office in a hybrid work arrangement. (Photo: iStock)

Gillian Tett

18 Nov 2022

LONDON: The great attrition of employees shows no signs of slowing. Recent reports from management consultant McKinsey suggest that as many as 40 per cent are considering leaving their jobs, usually to seek a different type of career or “non-traditional work”, including temporary or part-time roles.

According to one survey, money is an issue, but it’s definitely not the only issue. “Meaningfulness of work” and “adequacy of workforce flexibility” around issues such as working from home are also front of mind.

The key, it seems, is a sense of personal control, both to define how and where work happens, as well as how it aligns with workers’ personal values.

Resilience, self-sufficiency important but world will be worse off if we go too far: Lawrence Wong

Shipping containers seen at PSA Tanjong Pagar Terminal. (File Photo: CNA/Calvin Oh)

Yasmin Begum

14 Nov 2022 

SINGAPORE: Deputy Prime Minister Lawrence Wong on Sunday (Nov 13) said that resilience and self-sufficiency are important attributes, but added that the world will be worse off if countries go too far.

At the evening reception for participants of the 17th Asia-Pacific Conference (APK) of German Business, Mr Wong noted that part of the desire of wanting to have greater resilience is about having more reliable networks.

This, Mr Wong said, meant complying fully with all international rules and obligations. 

Greenwashing: UN experts at COP27: Corporate climate pledges rife with greenwashing

09 Nov 2022 

SHARM EL-SHEIKH, Egypt: Promises by companies, banks and cities to achieve net zero emissions often amount to little more than greenwashing, according to a UN expert group report published on Tuesday (Nov 8), which set out proposed new standards to harden net zero claims.

The report, released at the COP 27 climate conference in Egypt, is intended to draw a "red line" around false claims of progress in the fight against global warming that can confuse investors and policy makers.