Tag Archives: World Markets

Singapore’s economy contracted by 7% year-on-year in the third quarter, official estimates show

A man wearing a protective face mask walks past an indoor waterfall at Jewel Changi Airport in Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s economy contracted by 7% in the third quarter compared with a year ago, according to official estimates released by the Ministry of Trade and Industry on Wednesday.… Read More »

Japan stocks set to trade lower as investors await speech from China’s Xi

SINGAPORE — Stocks in Japan looked poised to trade lower at the open, as investors in Asia-Pacific await a speech from Chinese President Xi Jinping. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,560 while its counterpart in Osaka was at 23,500. That compared against the… Read More »

‘Very unethical’: Russian sovereign wealth fund chief slams criticism of his country’s coronavirus vaccine

Criticisms of Russia’s coronavirus vaccine are unhealthy, unethical and unproductive, according to Kirill Dmitriev, chief executive of Russia’s sovereign wealth fund RDIF — which is backing the controversial vaccine named “Sputnik V.” “We’re completely transparent and open. There is very negative narrative in some of the Western nations, and frankly we feel it’s very sad… Read More »

Japan stocks set to rise as investors look to China’s trade data for September ahead

SINGAPORE — Stocks in Japan were set for a higher open as investors await the release of Chinese trade data for September. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,660 while its counterpart in Osaka sat at 23,620. That compared against the Nikkei 225’s last… Read More »