Year: 2022
Singapore’s labor market will see ‘significant easing’ in second half of 2022, says Barclays
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brian Tan of the investment bank says they are still “quite cautious” as the labor supply coming back with the relaxation of Singapore’s borders may not be enough to alleviate the labor shortages just yet. Source
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Barclays expects ‘big jump’ in Singapore growth after Covid measures are lifted
SINGAPORE — Singapore is set to reopen its international borders and ease Covid restrictions next week, and that’s going to be its “biggest economic driver for growth,” according to Brian Tan, senior regional economist at Barclays. “By our estimates, if we get mobility at places like recreational areas and workplaces going up by just 10%, […]
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Biden to visit Polish border; Ukraine reoccupies towns and regains ground, UK says. Follow our live updates
U.K. sees Ukraine pushing Russian forces back, reclaiming ground Ukraine has re-occupied control of towns and defensive positions up to 35 kilometers east of the capital Kyiv, according to the U.K.’s Defense Ministry, with Russian troops seen falling back on “overextended supply lines.” The Defense Ministry said via Twitter that Ukrainian forces are likely to […]
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Australia, New Zealand are concerned as Solomon Islands confirm security deal with China
Prime Minister Scott Morrison on March 15, 2022 in Perth, Australia. Paul Kane | Getty Images News | Getty Images Australia and New Zealand expressed concern on Friday about the impact on regional security of military cooperation between China and the Solomon Islands after a draft document outlining proposed cooperation was leaked. The security treaty, […]
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Chip industry under threat with neon production set to fall off a cliff following Russia’s invasion of Ukraine
An image of a semiconductor wafer. I-Hwa Cheng | Bloomberg | Getty Images Russia’s war in Ukraine could see the production of neon, a critical gas in advanced semiconductor manufacturing, fall to worryingly low levels at a time when the world is already grappling with a chip shortage. Neon is required for the lasers that […]
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Hong Kong drops nearly 3% as Chinese stocks tumble; shares of JD Logistics, Russia’s Rusal fall
Other Asia-Pacific markets Japan stocks moved into negative territory after rising earlier. The Nikkei 225 and the Topix sat below the flatline. Japan reported inflation data, showing its core consumer price index hit a two-year high in March, according to Reuters. Australia’s S&P/ASX 200 stayed in positive territory as it inched up 0.26%, with some gains […]
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BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “other decarbonisation projects, including hydrogen.” The agreement will see […]
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Wall Street analysts say sustainable investing is being shaken up — and name the stocks to cash in
Goldman Sachs and JPMorgan name their top stocks picks in a sector that’s facing an overhaul. Source
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China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images A slew of electric vehicle companies operating in China have been forced to raise the prices of their cars as the cost of raw materials shoot up. Some companies like […]
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Wife of Supreme Court Justice Clarence Thomas texted Trump chief about overturning 2020 election
Associate Supreme Court Justice Clarence Thomas sits with his wife and conservative activist Virginia Thomas while he waits to speak at the Heritage Foundation on October 21, 2021 in Washington, DC. Drew Angerer | Getty Images Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, in 2020 urged then-President Donald Trump’s chief of staff […]
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