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Global shares steady but crackdown rattles China

Recap: Global stocks tracked solid corporate earnings growth while Chinese equities slipped to their lowest in the month on concerns about regulatory crackdowns. Asian and emerging market shares also edged lower on Friday. The MSCI World Index gained 1.1% for the month.

Recession fears mount as cases rise

Recession fears mount as cases rise 12 FPO cuts GDP growth forecast to 1.3% published : 30 Jul 2021 at 05:43 12 Asoke junction along Sukhumvit Road, usually jammed with traffic, is dead as people work from home during the lockdown. (Photo: Varuth Hirunyatheb) Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival, according to Bloomberg. The Fiscal Policy Office (FPO) downgraded the country s 2021 economic forecast to 1.3% GDP growth, a dip from an April projection of 2.3%, on the assumption new infections of Covid-19 will peak in the middle of August, said director-general Kulaya Tantitemit.

S pore s total employment falls in Q2 but unemployment rates improve: MOM, Jobs News & Top Stories

The Straits Times S’pore’s total employment falls in Q2 but unemployment rates improve: MOM Unemployment rates eased further last month, though they remained elevated compared with pre-pandemic levels, said MOM.PHOTO: ST FILE https://str.sg/3UNL They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

Clear policy, incentives from government needed to drive wider adoption of electric vehicles - Invest Asean

Clear policy, incentives from government needed to drive wider adoption of electric vehicles - Invest Asean
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