Economy – The M Word

Weekly digest: August 2 – August 8

Overview With new developments arising over the respective regions, here are our market highlights for last week. China Trump bans TikTok and WeChat in the US US President Donald Trump has exercised his emergency economic powers on Thursday to impose sanctions against TikTok, a popular video-sharing app backed by the China-based Bytedance, and WeChat, aContinue reading “Weekly digest: August 2 – August 8”

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”