Welcome!
Hong Kong protests
Hong Kong protests
Hong Kong unrest driving billions of dollars to Singapore: Goldman Sachs
(Oct 3): The potential benefit to Singapore from the turmoil in Hong Kong: US$4 billion ($5.5 billion).
October 03, 2019
Global Economy
Briefs
SINGAPORE (Sept 30): “No doubt, I will receive some harsh criticism. But I also hope to receive constructive suggestions to help this government meet the public’s expectations for a more inclusive and fairer Hong Kong.” — Hong Kong Chief Executive
September 27, 2019
Broker's Calls
Ongoing Hong Kong protests dim Dairy Farm's outlook
SINGAPORE (Sept 23): The ongoing Hong Kong protests have reached Week 16, and it is dimming the outlook for Dairy Farm International Holdings, the retail business which derives some 70% of its operating profit from Hong Kong.
September 23, 2019
Hong Kong protests
Hong Kong property hunters grab bargains in wake of protests
(Sept 16): It looked like the perfect investment opportunity. A mostly vacant shopping center with scant competition serving a middle-class neighborhood far from Hong Kong’s city center. With a makeover, Wang Tse thought, there could be good foot traff
September 16, 2019
Hong Kong protests
Hong Kong firms look to Singapore to escape protests
SINGAPORE (Sept 13): Almost a quarter of businesses in a new survey are thinking of leaving Hong Kong to escape ongoing protests, with most looking to Singapore as their favored location.
September 13, 2019
Hong Kong protests
Central Hong Kong hit with violence after Lam’s big concession
(Sept 9): Hong Kong leader Carrie Lam’s biggest concession yet to protesters did little to stem scenes of violence that have become the norm on weekends in the Asian financial hub.
September 09, 2019
Markets
Hong Kong formally withdraws extradition bill; Singapore's GDP forecast lowered
SINGAPORE (Sept 9): After 13 long weeks of protests in Hong Kong, an end to the political crisis in the Special Administrative Region may be in sight. On Sept 4, the city’s embattled leader Carrie Lam formally announced the withdrawal of the extradition
September 06, 2019
Hong Kong protests
Hong Kong leader announces withdrawal of controversial extradition bill
HONG KONG (Sept 4): Hong Kong leader Carrie Lam on Wednesday announced the withdrawal of an extradition bill that triggered months of unrest and threw the Chinese-ruled city into its worst crisis in decades, a source with knowledge of the matter told Reut
September 04, 2019
Sovereign wealth funds
Hong Kong turmoil, Brexit roil Temasek's US$3 bil Watson sale
(Sept 3): Temasek Holdings’ sale of a US$3 billion ($4.2 billion) stake in retailer AS Watson Group has been derailed under the twin pressures of Brexit and the anti-government protests rocking Hong Kong, people with knowledge of the matter said.
September 04, 2019
Hong Kong protests
Amid crisis, China rejected Hong Kong plan to appease protesters
HONG KONG (Aug 30): Earlier this summer, Carrie Lam, the chief executive of Hong Kong, submitted a report to Beijing that assessed protesters' five key demands and found that withdrawing a contentious extradition bill could help defuse the mounting po
August 30, 2019