coronavirus

Tong's Portfolio

We must now prevent a second wave of the 'economic virus'

The success in containing the health crisis, however, comes at an extremely high economic cost.

Covid-19

SGX allows companies to extend AGM by two months

SINGAPORE (Feb 7): Some Singapore listed companies with a Dec 31 2019 year-end will be given a two-month extension to hold their AGMs, given the disruptions caused by the coronavirus outbreak. Companies now have up to June 30 2020 to hold their AGMs. 

Fitness

Stay alert, stay healthy

SINGAPORE (Feb 7): The novel coronavirus (2019-nCoV), also known as the Wuhan coronavirus, has been declared a global emergency by the World Health Organisation. Said to have originated in Wuhan province in China, the coronavirus pandemic – which causes

Commodities

There are oil bargains in Asia after virus batters demand

China’s oil demand has dropped by about 3 million barrels a day, or 20% of total consumption, prompting refineries to scale back production as their storage tanks fill up.

Broker's Calls

Analysts positive on CDLHT despite uncertainties from coronavirus outbreak

CDL Hospitality Trusts (CDLHT) has been one of the REITs hit the hardest by the coronavirus outbreak. Since Jan 20, the counter has fallen 7.8%, and is currently trading at a 52-week low. Is it time to buy on the dip?

Gold

Safe havens shine as spreading virus spurs rush to buy gold

The Chinese government is under pressure to combat the outbreak that shows little sign of slowing down, with more than a dozen countries and territories reporting the illness within their borders

Healthcare

Healthcare stocks get a shot in the arm as Wuhan virus fears rise

Private outpatient medical service provider Healthway Medical Corporation led the way on Tuesday, surging 42.9% to a new 52-week-high of 4 cents as at 12pm. But other SGX-listed healthcare stocks are also on the rise.
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