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S’pore minister says polls not impossible amid virus

Bloomberg Holding a general election in Singapore before April 2021 is not “impossible” although the present situation may not be ideal as the country tackles the coronavirus outbreak, Senior Minister Teo Chee Hean said. Singapore needs a government that the people have confidence in “to take us through this unprecedented situation”, Teo told parliament on Wednesday. He added that the ...

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Stocks, US futures advance on virus stimulus package

Bloomberg Stocks clung to gains globally along with US equity futures on Wednesday while investors examined government rescue packages to counter the hit from the coronavirus, after one of the best days on Wall Street in a generation. Futures on the three main American equity indexes fluctuated before turning higher in the wake of March 25’s historic surge, after the ...

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Life insurers keep faith in India stocks amid virus criris

Bloomberg Investment chiefs at two Indian life insurance companies are keeping money in stocks despite selling by overseas funds that has put the nation’s benchmark index on course for a record monthly decline. The S&P BSE Sensex has plunged 30% so far in March as the coronavirus-led wave of risk aversion has prompted foreign investors to dump local stocks at ...

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