Wednesday , 24 December 2025

Recent Posts

UK quarantine is strangling economy: Heathrow Airport

Bloomberg London’s Heathrow blamed the UK government for July traffic figures that show scant evidence of a recovery in demand at what’s normally Europe’s busiest travel hub. The imposition of a 14-day quarantine for people arriving from countries with high Covid-19 infection rates means Britain is effectively cut off from markets including the US, Canada and Singapore, Heathrow said in …

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India shadow banks show signs of revival on stimulus measures

Bloomberg The fortunes of India’s shadow lenders are showing signs of turning, suggesting stimulus measures from policy makers will help the troubled sector weather some of the fallout from the pandemic. Premiums that investors seek to buy AAA rated five-year bonds of non-bank lenders over similar-maturity government notes narrowed the most last month since at least 2012, helping a gauge …

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Singapore regulator warns of more bank job losses in H2

Bloomberg Singapore’s financial-services sector, which accounts for 4.5% of total employment, may see more job losses during the second half of the year as the country goes through its worst recession ever, the central bank warned on Wednesday. Banks, insurers and other financial institutions held up well during the first six months when the sector created about 1,500 jobs and …

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