An overview of the Marina Bay Sands, the ArtScience Museum, the Singapore Flyer and the Central Business District on June 19, 2020 in Singapore. Suhaimi Abdullah | fake pictures Singapore’s economy contracted 12.6% in the second quarter compared to the previous year, according to advance estimates from the Ministry of …
Read More »GLOBAL MARKETS: Asian stocks rise as China’s blue chips climb their 5-year peak
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * China shares up nearly 5.5% * Europe and US futures point to greater openness * Weaker dollar and high liquidity that help stocks rise By Wayne Cole and Scott Murdoch SYDNEY / HONG KONG, July 6 (Reuters) – Asian stocks rose to four-month spikes …
Read More »GLOBAL MARKETS: Asia stocks rise as China’s blue chips hit 5-year peak
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Asia’s highest ex-Japan shares since February, led by China * Some US states delay reopening as pandemic breaks out * Major coins with range limit, gold near highs By Wayne Cole SYDNEY, Jul 6 (Reuters) – Asian stocks climbed four-month spikes on Monday as …
Read More »Chinese chipmaker SMIC to raise $ 6.55 billion in Shanghai share sale
BEIJING (Reuters) – China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) Will Raise 46.29 Billion Yuan ($ 6.55 Billion) In A Shanghai Stock Sale, More Than Double Its Initial Target, Pricing Its Offering After An Increase In Its Hong Kong Listed Stocks . The company, which had originally tried to raise …
Read More »Explainer: Why does a party dominate Singapore politics?
SINGAPORE (Reuters) – Singaporeans are expected to return to the People’s Action Party in power in the July 10 general election, extending their uninterrupted rule since the independence of the Southeast Asian island in 1965. Singapore Prime Minister Lee Hsien Loong of the People’s Action Party arrives to deliver a …
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