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SEOUL: South Korea will take the smallest hit to growth of any advanced economy this year after it was able to limit the spread of the coronavirus without imposing severe lockdowns, according to the Organisation for Economic Co-operation and Development (OECD).
SINGAPORE: Singapore's record recession was deeper than first thought in the second quarter, data showed on Tuesday, signalling a lengthy path to recovery as the coronavirus pandemic dealt a major blow to Asia's trade-reliant economies.
This week’s article is about the real thing that glitters, gold. Of course, some would argue that glove stocks too are actually like gold due to their spectacular run year-to-date.
Inflation fears are hotting up around the world, threatening to undermine the attraction of bond markets. But for now, South-East Asia appears to be relatively immune.
LONDON: BP cut its dividend for the first time in a decade after a record US$6.7bil second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
LONDON: BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up its reinvention as a lower carbon company.
THE week will see key industrial production index (IPI) figures released for June as well as manufacturing sales value.