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Business

Industry sector deemed the ‘golden child’

AS waves of uncertainty hit different shores, economists and analysts around the world are no longer able to predict with confidence the economic impact of an unravelling global economy.

Insurance

Anbang’s US$5.8bil hotels sale to Mirae in peril

NEW YORK: Anbang Insurance Group Co’s sale of a US$5.8bil portfolio of United States luxury hotels to South Korea’s Mirae Asset Global Investments Co is at risk of collapsing, according to people with knowledge of the matter.

South Korea

S. Korea unveils US$9.8bil stimulus to fight virus

SEOUL: South Korea announced a stimulus package of 11.7 trillion won (US$9.8bil) to cushion the impact of the largest outbreak of coronavirus outside China as efforts to contain the disease worsen supply disruptions and sap consumption.

Analyst Reports

10 financial mistakes to stop making in 2020

We are now officially in 2020 – a new year, the beginning of a new decade – with fresh memories and success stories, new opportunities, new goals or a chance to make right with what went wrong.