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Fund managers and investors are reviewing their strategies to protect their portfolios and wealth
SINGAPORE: Chinese national banks and Australia's Macquarie Group are quietly filling some of the multi-billion-dollar hole in Asian oil financing after the withdrawal of traditional European lenders, hurt by a raft of defaults and fraud allegations.
SINGAPORE: CapitaLand Ltd, Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.
SINGAPORE (The Straits Times/ANN): Manufacturing firms are concerned that the coming cuts in the S Pass quota for the sector will raise wage costs and lead to labour shortages.
SINGAPORE (The Straits Times/ANN): Even as Singapore's economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off.
SINGAPORE, Feb 15 (Bloomberg): Singapore home sales rose to the highest in more than two years in January, with buyers rushing in amid speculation that the government may take steps to cool the market.
BANGKOK: Thailand cut its estimate for economic growth this year to 2.5-3.5% after suffering its worst slump in more than two decades in 2020 due to the shock from the COVID-19 pandemic.
SINGAPORE, Feb 15 (Bloomberg): Singapore reaffirmed its forecast for a rebound in economic growth this year after its worst annual contraction since independence, signaling the recovery is on track while more stimulus expected in this week’s annual budget presentation will provide further support.
Thailand’s economy continued to climb back from the pandemic blow in the final quarter of 2020, supported by government stimulus and local demand, though full-year performance was the worst since the Asian financial crisis more than two decades ago.