Global Economy

Global Economy

Briefs

Quoteworthy: “My orders to the police, the military and the village officials: if there’s a commotion, if they fight back and your life becomes at risk, shoot them dead.” – Philippine Presi

Global Economy

Analysts divided on whether the market rout is past its worst

(Mar 30): Strategists at JPMorgan Chase & Co have concluded that most risk assets – a universe that typically includes stocks and credit – have seen their low points for the recession that’s gr

Global Economy

How a US$100 billion South Korean insurer became a penny stock

(Mar 30): Insurers the world over have been walloped by evaporating investment returns, but those in South Korea have been hit particularly hard.

Global Economy

Briefs

Quoteworthy: "The situation we are heading into looks more like a thunderstorm than a drizzle." –— President Halimah Yacob, in a message to Parliament on March 26, as Singapore unv

Global Economy

Briefs

Quoteworthy: "Viruses know no borders and they don’t care about your ethnicity, the colour of your skin or how much money you have in the bank." – Dr.

Global Economy

The pandemic stress test

SINGAPORE (Mar 20): The coronavirus pandemic has taken the world by surprise and will now expose underlying economic weaknesses wherever they lie.

Global Economy

Who will pay the highest price in the wake of the Covid-19 fallout?

SINGAPORE (Mar 20): China has reduced the contagion practically to zero with the drastic measures it adopted and now the workers returning to their jobs (except in Hubei, the most affected

Global Economy

MAS establishes US$60 bil swap facility with US Fed to ease liquidity strain

SINGAPORE (Mar 19): The Monetary Authority of Singapore (MAS) has announced the establishment of a US$60 billion ($86 billion) swap facility with the US Federal Reserve, as part of coordinated cent

Global Economy

Global economy headed for a recession in first half of 2020, says Morgan Stanley

SINGAPORE (Mar 17): The Covid-19 outbreak has now moved on to Europe and the US, after rattling the Asian stock markets.

Global Economy

When pondering how much worse, Asia stock traders think 2008

SINGAPORE (Mar 17): This could be as bad as 2008 -- if not worse.

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