Latin America

Keppel Infra Trust declares unchanged 4Q20 DPU of 1.86 cents, reports overall loss for FY2020 - THE EDGE SINGAPORE

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Keppel Infra Trust declares unchanged 4Q20 DPU of 1.86 cents, reports overall loss for FY2020

Total DPU for FY2020 stood at 3.72 cents, translating to an annualized distribution yield of 6.8%.

Covid-19

Asia-Pacific worst-hit as Covid-19 decimates the travel industry

Global tourist arrivals could decline by up to 80% y-o-y in 2020 and 25 million jobs could be lost in aviation-related sectors.

Company in the news

Netflix plunges after biggest stumble in streaming era

(July 22): Netflix shocked investors by reporting a drop in US customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce. The shares plunged 11% to about US$323 in pre-mar

Singapore wealth fund GIC 'hopeful' on ambitious Brazil pension plan

SINGAPORE (Mar 19): Singapore’s sovereign wealth fund GIC Pte has grown more optimistic about Brazil.

Management & Corporate Governance

Asia to see the highest real wage growth globally: Korn Ferry

SINGAPORE (Dec 13): Asia will see the highest real wage growth globally, says the Hay Group division of Korn Ferry in its 2018 Salary Forecast.
BA Argentina

Global Economy

These economies are seen improving dramatically this year

NEW YORK/WASHINGTON(MARCH 21): Expect more good news than bad when it comes to global growth this year, led by recoveries in several of Latin America’s largest economies, a pickup in the US, and continued robustness from China and India.

Investing strategies

Politics is now dominant driver for currency markets, watch it closely

SINGAPORE (Nov 17): Currencies used to be influenced by a number of different factors, political, structural and cyclical.  However, HSBC FX Strategy now believes the dominant driver is politics.

ST Engineering’s land systems division makes capital injection into Brazilian manufacturing unit

SINGAPORE (Sept 15): ST Engineering said on Thursday that two subsidiaries of its land systems business, ST Kinetics, have injected a total of BRL 8 million ($3.3 million) into the capital of LeeBoy Brazil Equipamentos De Construção Ltda for working cap
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