Singapore's Record Deposits Seen Signaling Risk Aversion

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Singapore's Record Deposits Seen Signaling Risk Aversion

… aversion and inflows from markets including Hong Kong given the country's status as a private banking hub, according to Bloomberg Intelligence.
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Stocks make cautious gains as US-China frictions slow recovery rally

SINGAPORE (Reuters) – Asian stocks rose on Tuesday as investors’ focus on the prospects of a global coronavirus recovery won out over familiar worries about U.S.-China relations and the depth of economic damage. FILE PHOTO: Passersby wearing …
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Pier 1 Officially Going Out Of Business

(CNN) – Pier 1 is officially going out of business. Pier 1 Imports is closing-up shop after a court approved its bankruptcy application. That now allows pier one to liquidate its retail operations in about 500 stores across the country, once they can re-open in the …
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INSIGHT: Accounting Compliance Is Key During SEC Pandemic Scrutiny

In a recent statement, Sagar Teotia, the SEC's chief accountant, noted that “many accounting areas [] may involve significant accounting judgments and
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Can India's rating be junked? There are risks, says Moody's

William Foster of Moody’s Investors Service explains what triggered the move to downgrade India, what a ‘negative’ outlook means and what are the key concerns for the economy. Moody’s was the first rating agency to raise India’s rating in last few years. First …
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