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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Touch-me-not travel

Business, Published on 12/05/2020

» As travel vaporises in the face of on-off lockdowns, airlines, airports and hotels are pondering the future of hospitality in these fluid and fearful socially distanced times. Professional hosts are examining how to safely distance yet offer hospitable warmth without turning everything into a set from 2001: A Space Odyssey.

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WORLD

Markets rise as deaths slow in hotspots: Virus update

Published on 06/04/2020

» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.

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WORLD

Europe tightens curbs with economic toll worsening: Virus update

Published on 17/03/2020

» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.

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BUSINESS

Standing out in the crowd of alternative financiers

Business, Published on 22/02/2020

» Having flown 1,400 kilometres from Singapore to Bangkok with a mission to empower small businesses through online equity crowdfunding, Hong Sin Kwek came a long way to establish one of the country's licenced crowdfunding platforms, whose untapped potential is ample.