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Weekly digest: Week of July 26 – August 1

Overview With new developments arising over the respective regions, here are our market highlights for last week. China The course of recovery proceeds, not without bumps along the way While most major economies are struggling to recover from the COVID-19 pandemic, as evident from the staggering 32.9% drop in US Q2 GDP, the Chinese economyContinue reading “Weekly digest: Week of July 26 – August 1”

Weekly digest: Week of July 19 – July 25

Overview With new developments arising over the respective regions, here are our market highlights for last week. China Chinese market reforms President Xi Jinping vows to liberalize and open up the world’s second-largest economy. With the rising tensions between U.S. and China as well as the U.S.’s bill to delist Chinese companies, many US-listed ChineseContinue reading “Weekly digest: Week of July 19 – July 25”

Financial outlook: Singapore economy

Last week, Singapore reported a worse than expected 41.2% fall in GDP for Q2 and a 12.6% contraction YoY. However, this is expected given that the implementation of the circuit breaker took place in the same period. The lockdown, although necessary, has disrupted domestic economic activities which affected a large part of our economy. TheContinue reading “Financial outlook: Singapore economy”

Weekly digest: Week of July 12 – July 18

Overview With new developments arising over the respective regions, here are our market highlights for last week. China The U.S. – China Dispute over the South China Sea The U.S. – China tension rises yet again, and this time it may be leading to a cold war between the world’s largest economies. China’s claim onContinue reading “Weekly digest: Week of July 12 – July 18”

Weekly digest: Week of July 5 – July 11

Overview With new developments arising over the respective regions, here are our market highlights for last week. China Inflation higher than expected, but that may not be due to improving economic activities. China’s consumer price index (CPI) and inflation figure for June increased by 2.5% and 0.1% respectively compared to May which is largely attributed Continue reading “Weekly digest: Week of July 5 – July 11”

Financial tales: the Wirecard scandal

In late June 2020, Wirecard shocked the world by stating that the €1.9bn missing from its accounts may have never existed. While financial scandals may not be once in a blue moon, a scandal this size is unprecedented in Germany. Due to the sheer magnitude of the scandal and how it rocked the market, WirecardContinue reading “Financial tales: the Wirecard scandal”

Weekly digest: Week of June 28 – July 4

Overview With new developments arising over the respective regions, here are our market highlights for last week. Hong Kong National Security Law This week, Hong Kong underwent one of its most radical changes since its handover in 1997 as Beijing lawmaker passed the National Security Law in the former British colony without prior notice. TheContinue reading “Weekly digest: Week of June 28 – July 4”