WITH the surprise rate cut by the US Federal Reserve overnight, some analysts are likely tearing up their earnings and dividend estimates for the Singapore banks for 2020.
HONG KONG: Hong Kong's business outlook hit a record low in February, according to data released on Wednesday (Mar 4), as the coronavirus outbreak added to the financial hub's troubles following months of political turmoil. The Purchasing Managers' Index (PMI) for the city's economy plunged to its ...
BEIJING: China will use a Roche Holding arthritis drug to treat some COVID-19 patients in severe conditions, health authorities said on Wednesday (Mar 4), as the country seeks to build up treatment regiments to help the infected recover. Tocilizumab, sold by the Swiss pharma giant under the trade ...
BEIJING: China's COVID-19 epidemic turned a Chinese New Year family reunion into an enforced quarantine for factory worker Hu Aihua, trapping him at home and preventing him from returning to his job. He is one of China's 290 million rural migrant workers and many like him are mired in...
SYDNEY: Australia's economy expanded by more than expected last quarter, easing the risk of a recession even as raging bushfires and the coronavirus crisis wreaked havoc with tourism and travel at the start of the new year. The threat from the epidemic prompted the Reserve Bank of Australia (RBA)...
India's Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders, removing a major hurdle for the development of the sector.
PIPLI PAHAR, Pakistan: Pakistan's farmers are struggling to combat the worst locust plague in nearly three decades as insect swarms decimate entire harvests in the country's agricultural heartlands and send food prices soaring. Heavy rains and cyclones sparked "unprecedented" breeding and the ...
CITI Research on Wednesday slashed its target prices for Singapore banks, and shaved down its earnings estimates for the trio by 4-8 per cent after the US Federal Reserve made an emergency rate cut of half a percentage point overnight in response to the Covid-19 outbreak.  ...
CITI Research on Wednesday slashed its target prices for Singapore banks, and shaved down its earnings estimates for the trio by 4-8 per cent after the US Federal Reserve made an emergency rate cut of half a percentage point overnight in response to the Covid-19 outbreak.  ...
CITI Research on Wednesday slashed its target prices for Singapore banks, and shaved down its earnings estimates for the trio by 4-8 per cent after the US Federal Reserve made an emergency rate cut of half a percentage point overnight in response to the Covid-19 outbreak.  ...
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