Five Things You Need to Know to Start Your Day

SourceBloomberg
SectorEconomy
CountryGulf

Singapore faces deep economic scarring, China suspends Australian coal purchases, and Beijing runs a quiet experiment in opening up the internet. Here are some of the things people in markets are talking about today.Singapore’s central bank chief said as much as 20% of the city-state’s economy faces “deep scarring” from the coronavirus pandemic. Aviation and tourism industries are a worry, especially with an expected slow recovery in travel, Ravi Menon, managing director of the Monetary Authority of Singapore, said. Singapore’s trade-reliant economy, ...read more...