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SINGAPORE: Oil prices dropped on Monday, extending last week's losses after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output stayed offline in the wake of two hurricanes.
US firms remain supportive but political stability is key
Based on the reported data by M-REITS with the financial year-end of December 2020, there are early signs of weakness among commercial properties, but not necessarily across the board.
China unemployment: Beijing’s regulatory crackdowns pose yet another hurdle for young urban jobseekers
15.3 per cent unemployment rate among 16- to 24-year-olds in Chinese cities is three times as high as the overall national average of 5.1 per centHigh jobless rate in the young workforce seen persisting as millions of fresh grads vie for employment, while one popular sector – tutoring – has basically been wiped out
(Reuters) -Australian telecom Telstra outlined a plan on Thursday, under which it aims to extend 5G coverage to 95% of the country by the end of 2025 and cut A$500 million ($366.85 million) in net costs.
Singapore seeks to keep Covid-19 endemic path despite recent case surge; booster programme begins on Tuesday (Sept 14)
Singapore, faced with the imminent prospect of dealing with 2,000 daily Covid-19 cases from over 400 currently, says it’s sticking to the course of living with Covid-19 for now.
FOR a start, the market is aware that earnings expectation for this year is extremely bullish, mainly driven by the low base effect from last year.
IT takes gumption to reject a takeover approach from a rival and announce a potentially very dilutive capital hike on the same day.