CoVid-19

CoVid-19

The big shorts in the Covid-19 crisis

SINGAPORE (Mar 27): Michael Lewis’s book The Big Short features a hedge fund manager called Michael Burry who profits from the 2008 crisis.

CoVid-19

A truly different pandemic

(Mar 27): While pandemics are comparatively rare — and severe ones rarer still — I am not aware of a historical episode that can provide any insight as to the likely economic consequences of the un

CoVid-19

Singapore Airlines to raise $15 bil via rights issue of new shares, mandatory convertible bonds

SINGAPORE (Mar 26): Singapore Airlines (SIA) has announced it is undertaking a renounceable rights issue of new shares in the company and mandatory convertible bonds (MCB) to raise up to $15 billio

CoVid-19

Toward a 2021 Tokyo Olympics

DUBLIN (March 25): With the global COVID-19 crisis quickly escalating, Japanese Prime Minister Shinzo Abe has had to accept a hard truth, rightly taking the initiative in telling the Diet (parliame

CoVid-19

Gojek's co-CEOs pledge quarter of salary to ride-hailing drivers

SINGAPORE (Mar 25): Gojek’s co-chief executive officers and senior managers have pledged to funnel 25% of their salaries over the next 12 months into a fund designed to support its drivers, merchan

CoVid-19

Prolonged Covid-19 pandemic may lead Moody's to downgrade credit ratings of banks, insurers

SINGAPORE (Mar 24): Moody’s Investor Service has warned that it could downgrade the credit ratings of banks and insurers as a result of the novel coronavirus (Covid-19) pandemic.

CoVid-19

Covid-19 has wiped $34 bil off Temasek's biggest shareholdings in 3 months

(Mar 24): Temasek Holdings’s biggest equity shareholdings and those of its subsidiaries have plunged almost US$24 billion ($34 billion) since January as the spreading coronavirus sends markets into

CoVid-19

MAS tells banks to implement safe distancing measures

SINGAPORE (March 23): The Monetary Authority of Singapore (MAS) is asking all financial institutions here to adopt safe distancing measures, as part of the bid to prevent further local transmission

CoVid-19

Large airlines could have 'adequate liquidity' but weaker players may be pushed to default amid virus outbreak: Moody's

Singapore (Mar 23): Large airlines have adequate liquidity to manage through a fairly significant short-term disruption through June, and a continuing but more moderate disruption through the third

CoVid-19

SIA announces further capacity cuts amid 'greatest challenge' it has ever faced

SINGAPORE (Mar 23): Singapore Airlines (SIA) is grounding all but nine of the 147 aircraft under SIA and SilkAir, after more countries announced further tightening of border controls to curb the Co

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