SINGAPORE – Top manufacturing, the world’s largest medical glove manufacturer, has shut down 20 manufacturing sites in Malaysia after thousands of workers tested positive for Covid-19. As of Wednesday, a total of 2,684 top glove employees – most of them foreign workers – had tested positive, local media quoted senior …
Read More »European stock futures US political certainty, rising on vaccines
LONDON – European stocks traded higher on Wednesday as rising political certainty in the US and news of a sensible coronavirus vaccine boosted global sentiment. The Pan-European Stocks 600 Index traded up 1% higher with most of the positive sectors except insurance, auto, basic resources and chemicals. News of a …
Read More »Singapore publishes third quarter 2020 GDP, economic data
A man in a mask walks in the background on April 1, 2020, walking on Marina Bay Sands in Singapore’s Central Business District. Suhaimi Abdullah | Getty Images SINGAPORE – Singapore’s economy contracted 8.8 percent in the third quarter from a year earlier – better than initial estimates, the country’s …
Read More »The ECB’s decision, the new lockdown is in focus
LONDON – Investors in France and Germany are digesting new lockdown measures and European markets will whip up on Thursday morning as they wait for the European Central Bank’s latest monetary policy decision. Pan-European stocks were up 0.2% in early trade after the 600-day opening. The tech sector fell 1.1%, …
Read More »How the ‘travel bubble’ between Hong Kong and Singapore will work
A woman at the departure gate at Hong Kong International Airport. Christian Keenan | Getty Images SINGAPORE – Leisure travel between Hong Kong and Singapore could resume next week as both cities work to establish a bilateral “travel bubble” that will allow passengers to leave the quarantine. Asia’s two largest …
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