Five Things You Need to Know to Start Your Day
Five Things You Need to Know to Start Your Day
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,