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Tag: Singapore

Posted on May 27, 2020

SGX Plunges Most in 17 Years as MSCI Signs Pact with Hong Kong

Shares in Singapore Exchange Ltd. plunged after MSCI Inc. announced it will move licensing for derivatives products on a host of gauges to Hong Kong from Singapore.

( read original story …)



Posted on May 27, 2020

SE Asia Stocks-Most rise on stimulus hopes; Malaysia biggest gainer

Most Southeast Asian stock markets ended higher on Wednesday, led by Malaysia, on hopes of government stimulus measures to boost coronavirus-hit economies, while a drop in shares of the Singapore …

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Posted on May 26, 2020

Virus Traps Poor Foreign Workers In Deserted Maldives

That has left an army of migrant workers jobless. Like Singapore, which recorded a large number of coronavirus cases among migrants living in tightly-packed dorms, the Maldives is heavily dependent on …

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Posted on May 26, 2020

Singapore’s PIL Seeks Temasek Investment for Survival

Pacific International Lines is in talks with an arm of Singapore sovereign wealth fund Temasek Holdings over a potential investment aimed at keeping the debt-ridden container ship operator from …

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Posted on May 26, 2020

Coronavirus Doesn’t Have to Be So Deadly. Just Look at Hong Kong and Singapore.

Hong Kong and Singapore’s coronavirus fatality rates are among the lowest in the world, showing that outbreaks don’t have to result in large-scale loss of life. Their playbook: test widely, quarantine …

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Posted on May 26, 2020

Singapore plans $23.2 billion fourth stimulus package to support coronavirus-hit economy

Singapore’s government on Tuesday announced another 33 billion Singapore dollars ($23.2 billion) to support its economy which has been severely hit by the coronavirus pandemic.

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Posted on May 26, 2020

Death of ‘Mr Big’ stirs memories of Singapore’s gangland past

Early one October morning in 1969, Singapore police officers found the body of a man dumped in a storm drain. He had been stabbed to death, police said, in what became one of the country’s most …

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Posted on May 26, 2020

Singapore cuts 2020 economic forecasts for the third time on coronavirus concerns

The Singapore economy is expected to shrink by between 4.0% and 7.0% this year, according to the Ministry of Trade and Industry.

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Posted on May 26, 2020

Singapore Economy Could Contract Most Since Independence

Selena Ling, head of treasury research and strategy, global treasury, at OCBC Bank, talks about Singapore’s economy, which is facing its worst contraction since independence more than a half-century …

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Posted on May 26, 2020

Coronavirus live updates: U.S. cases top 1.6 million, Singapore slashes growth forecast again

The number of coronavirus cases in the U.S. topped more than 1.6 million as deaths rose to more than 97,000, a tally from Johns Hopkins University shows. President Donald Trump threatened to pull the …

( read original story …)



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