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COVID Hong Kong quarantine prompts banking exodus and Australia could benefit along with Singapore

“It is a horrific situation, and it has become increasingly untenable,” he said. “Looking at my clients in the banking sector, a lot of them have been thinking about repositioning people down to south-east Asia. Singapore is a beneficiary of that. But I also think increasingly, because of its proximity to south-east Asia, Australia will […]

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Travel

Japan, Hong Kong drop as Asia-Pacific markets slip amid renewed Covid fears

SINGAPORE — Shares in Asia-Pacific dropped on Friday, with stocks in Hong Kong and Japan leading losses regionally as fears of a new Covid variant weighed on investor sentiment. World Health Organization officials said Thursday they are monitoring a new variant with “a large number of mutations.” A special meeting is scheduled for Friday to […]

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