Listed offshore funds invested in India saw outflows of close to $1.2 billion in February. The outflows were driven largely by India-dedicated funds. Passively managed funds, or exchange-traded funds (ETFs), saw $233 million in outflows, while the figure stood at $929 million for non-ETF flows ($1.16 billion total outflows).
Wed, Mar 25, 2020 – 1:13 PM FOOD and beverage (F&B) businesses can soon access a new set of digital services via DBS to set up their independent online food-ordering services, and possibly at a cheaper rate than working with established food-delivery platforms. This may help F&B firms raise their online
Tue, Mar 24, 2020 – 6:16 PM SINGAPORE’S Straits Times Index (STI) rebounded after its worst performance since 2008’s global financial crisis (GFC) as investors took heart in the US Federal Reserve’s move to adopt unlimited quantitative easing as well as further lending to US small and medium-sized enterprises (SMEs) most
Sat, Mar 21, 2020 – 5:50 AM THE coronavirus outbreak is costing hedge funds billions, as a massive dislocation across asset classes causes a breakdown in traditional relationships. In the past 10 days, bonds, stocks and even gold – a hedge against the prospect of central banks’ helicopter money –
Fri, Mar 20, 2020 – 9:44 AM SINGAPORE stocks opened stronger on Friday after Wall Street finished a volatile session higher. Singapore’s Straits Times Index headed up 1 per cent or 23.1 points to 2,334.10 as at 9.04am. Gainers outnumbered losers 104 to 58, after 86.2 million securities worth S$105.1
Coronavirus (Covid-19)-hit US economy has already sunk into recession, warned economists at BofA Securities in a recent report, though they expect this phase to be short-lived and see a bounce back in the third quarter (July–September) of 2020 (Q3-2020). In the interim, however, the research firm expects massive