Breakingviews – Hong Kong rues taking off its face mask

Hong Kong’s predicament is one that many outward-facing economies will face. The city tops the Legatum Institute’s Global Index of Economic Openness, a measure of openness to foreign and domestic trade, investment, ideas, competition and talent. Other high-ranking nations include Singapore, Switzerland, and the United Kingdom. The pandemic puts them all at a potential disadvantage […]

Chinese iron ore gains on supply worries, but set for weekly loss

“The $5 trillion stimulus package announced by G20 countries will not immediately revive their respective economies,” she said. “China’s economic recovery from 2Q is certain but a V-shape rebound is less likely due to reduced external demand.”

Asian stocks rise after Wall Street health-care-led rally

ENERGY: Benchmark U.S. crude added $1.44 to $21.53. It fell 6.6% to $20.09 a barrel Monday, after touching its lowest price since 2002. Oil started the year above $60 and has plunged on expectations that a weakened economy will burn less fuel. The world is awash in oil, meanwhile, as producers continue to pull more […]

Global stocks turn lower after rise in virus-related deaths

Since the height of the selling in markets a couple of weeks back, the mood has appeared to improve as governments and central banks use everything they can to contain the economic damage of the pandemic. The S&P 500, for example, is coming off its best week in 11 years, though it remains 22.4% below […]

Breakingviews – Corona Capital: Dividends take a hit

With Aldi’s sales up 11%, its market share hit a record high of 8.2%. And while the big four enjoyed eye-watering demand – a hefty chunk of the 42 million extra shopping trips in just four days – all bar Asda lost market share this year. That may get worse as a prolonged lockdown triggers […]

Breakingviews – Corona Capital: Rich vs. poor, Carnival

Unlike the European Central Bank’s recent recommendation that lenders pause dividends until October, Finma’s proposal has teeth. Branson rightly thinks banks and insurers should get less leeway if they deplete capital by paying shareholders. Of course the lenders may argue that they can reward investors and lend to virus-hit firms at the same time. But […]

Freshly launched Alpha City sets new standards of luxury living

Highly appreciated not only for its golden venue at the heart of District 1, Alpha Hill attracts investors with its premium facilities and amenities, unique design, and interiors. The good sales right at the launch shows the attractiveness of Alpha Hill in particular and Alpha City in general, which are now touted as one of […]

FWD Vietnam to raise charter capital to VND14 trillion

With a priority strategy on digital development, FWD Vietnam is differentiated insurance company, with a solid foundation based on its own strengths: breakthrough products; high-quality distribution channels; digitised business processes and differentiated branding strategies.

Breakingviews – The Exchange: Verizon’s HR chief

Breakingviews Reuters Breakingviews is the world’s leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis […]

The winners and losers as the financial quarter comes to an end

The Stoxx 600, the most widely-used pan-European stock index, is down by more than 23% since the beginning of the year – representing its worst quarterly performance since 2002. Some of the individual European country indices have done even more badly, with the UK’s FTSE-100 and Germany’s DAX down by 25%, the CAC 40 in […]