global financial crisis (GFC)

Global Economy

The new economic order

Fidelity International believes the Covid-19 crisis will trigger a step-change in policy, accelerate existing trends and transform investment frameworks.

Aviation & Engineering

SIA faces its biggest challenge in Covid-19; investors will need a strong stomach

Since its inception in 1972, Singapore Airlines (SIA) has weathered through all kinds of downturns that had im­pacted air travel. This included the Sept 11 terrorist attacks in 2001, the SARS epidemic in 2003 and the global finan­cia

Singapore economy

Maybank Kim Eng focuses on economy's 'building blocks' amid Covid-19 uncertainty

During the Global Financial Crisis and the Asian Financial Crisis, Maybank Kim Eng analyst Thilan Wickramasinghe notes that the Singapore market crashed by about 60% from start to end. This time round, the market has retreated just over 20% thus far.

Banking & finance

In praise of big (bank) buffers

While the ghosts of the aftermath of the global financial crisis (GFC) continue to lurk in investors’ and the public’s memories, the reality is that banks will be a key element of the economic solution to the present predicament.

Aviation & Engineering

SIA Engineering braces for full Covid-19 impact; reviews JVs and mulls M&A opportunities

SIA Engineering’s 4Q and FY2020 results ended March 31 may have suffered minimal impact from the novel coronavirus (Covid-19) pandemic. But, the worst has yet to come for the provider of maintenance, repair and overhaul (MRO) servi

Broker's Calls

CGS-CIMB lowers forecasts for SIA Engineering given recovery uncertainty

SINGAPORE (May 12): Given the uncertain pace of recovery in the aviation industry, CGS-CIMB Research has turned cautious on SIA Engineering’s prospects ahead.

Oil & Gas

The tide turns for Hin Leong

The distressed Singapore oil trader has admitted to US$800 mil of undisclosed losses. Is its collapse a sign of deeper problems within the industry facing falling demand and cheap supply?

In print this week

Life after the Great Lockdown of 2020

The Covid-19 pandemic is a set to disrupt every aspect of society – for better or worse. Say goodbye to life as you know it

Covid-19

Capitalism's triple crisis

The Covid-19 crisis is exposing still more flaws in our economic structures, not least the increasing precarity of work, owing to the rise of the gig economy and a decades-long deterioration of workers’ bargaining power.

Global Economy

What next for unconventional monetary policies?

(Dec 2): The Bank for International Settlements (BIS), the central bankers’ club in Basel, Switzerland, recently conducted an in-depth evaluation of the unconventional monetary policies that have become the norm in many countries since the 2008 financia
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