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Bloomberg
Company in the news
Fake-egg maker to build first Asia plant in Singapore
Once built, the first factory in the southeast Asia city-state will generate “thousands of metric tons of protein”.
October 20, 2020
Geopolitics
Which country wields most power in Asia? US leads but China is catching up
While America retained its place as the region’s top superpower, its 10-point lead on China two years ago has been halved.
October 19, 2020
Gold
Asia money managers buy gold, China stocks to hedge US election
Global fund managers are ready for extreme market volatility as they expect the outcome of the elections to be contested.
October 19, 2020
Broker's Calls
UOB initiates 'buy' on iFAST with target price of $3.34
iFAST Corporation’s rapid growth of asset and wealth management in Asia have led to UOB's "buy" call on the stock.
October 15, 2020
Company in the news
Bytedance moving to bigger Singapore office amid expansion plan
The new office is being refurbished and it’s likely that employees will move in by the first quarter.
October 15, 2020
Company in the news
SoftBank resumes buybacks with modest $520 mil in Sept
It’s so far only spent roughly 1 trillion yen of its envisioned share repurchase amount.
October 14, 2020
Global Economy
IMF meets with global economy in historic recession
The guardians of the global economy will gather this week under the cloud of the worst recession since the Great Depression.
October 12, 2020
Covid-19
Indonesia revises rule on entry ban for Singapore travel: Kompas
Indonesia is revising a rule banning foreigners from entering the country, as it discusses opening a travel corridor.
October 05, 2020
Company in the news
Singapore businessman charged with $761 mil Wirecard fraud
The director of Citadelle Corporate Services Pte was charged with five counts of “wilfully and with intent to defraud”.
October 02, 2020
Company in the news
Rolls-Royce ends talks with Singapore, Kuwait funds: Sky
Rolls-Royce has lost more than 80% of its value this year, touching a fresh 17-year low on Wednesday.
October 01, 2020