global financial crisis (GFC)

During the Global Financial Crisis and the Asian Financial Crisis, Maybank Kim Eng analyst Thilan Wickramasinghe notes that the Singapore market crashed by about 60% from start to end. This time round, the market has retreated just over 20% thus far.

While the ghosts of the aftermath of the global financial crisis (GFC) continue to lurk in investors’ and the public’s memories, the reality is that banks will be a key element of the economic solution to the present predicament.

SIA Engineering’s 4Q and FY2020 results ended March 31 may have suffered minimal impact from the novel coronavirus (Covid-19) pandemic. But, the worst has yet to come for the provider of maintenance, repair and overhaul (MRO) servi

SINGAPORE (May 12): Given the uncertain pace of recovery in the aviation industry, CGS-CIMB Research has turned cautious on SIA Engineering’s prospects ahead.

The distressed Singapore oil trader has admitted to US$800 mil of undisclosed losses. Is its collapse a sign of deeper problems within the industry facing falling demand and cheap supply?

The Covid-19 pandemic is a set to disrupt every aspect of society – for better or worse. Say goodbye to life as you know it

The Covid-19 crisis is exposing still more flaws in our economic structures, not least the increasing precarity of work, owing to the rise of the gig economy and a decades-long deterioration of workers’ bargaining power.

(Dec 2): The Bank for International Settlements (BIS), the central bankers’ club in Basel, Switzerland, recently conducted an in-depth evaluation of the unconventional monetary policies that have become the norm in many countries since the 2008 financia

(June 25): The S&P 500 is at a record, but areas of the stock market with a reputation for economic prescience are sending warning signals that hearken to the global financial crisis.

WASHINGTON (Sept 13): Former Federal Reserve Chairman Ben Bernanke acknowledged that policy makers made two critical errors fighting the financial crisis a decade ago: They failed to see it coming with such force then underestimated how much economic dama