Prolonged China factory closures to weigh on Singapore firms' earnings

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Read more at The Business Times.

Singapore-listed companies with manufacturing plants in China have yet to register any impact on their businesses from the novel coronavirus outbreak, but analysts say they expect the earnings of these firms to take a hit from prolonged closures.

SINGAPORE-listed companies with manufacturing plants in China have yet to register any impact on their businesses from the novel coronavirus outbreak, but analysts say they expect the earnings of these firms to take a hit from prolonged closures.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How firms are responding to China virusGiven China's economic heft and position in the nexus of global supply chains, the new strain of coronavirus is affecting companies from far and wide in multiple sectors. The travel sector is most directly affected by China's decision to lock down dozens of cities and ban overseas tour groups
Source: YahooSG - 🏆 3. / 71 Read more »

Government donates S$1 million to Singapore Red Cross to aid communities in China stricken by coronavirus
Source: TODAYonline - 🏆 1. / 99 Read more »

China services sector growth hits 3-month low in January ahead of coronavirus impactBEIJING (REUTERS) - Growth in China's services sector slowed for a second straight month in January, a traditionally busy sales season, hitting a three-month low as companies cut prices and new orders dipped, a private sector survey showed on Wednesday (Feb 5).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Coronavirus deaths in mainland China rise to 490 as more countries confirm local transmissionBEIJING — The number of people infected in China by the coronavirus outbreak jumped on Wednesday (Feb 5) to nearly 500, after Hong Kong reported its first death from the disease and millions more in China were ordered to stay indoors.
Source: TODAYonline - 🏆 1. / 99 Read more »

China virus toll nears 500, airlines cut Hong Kong flights, cases found on cruise shipThe death toll from a coronavirus outbreak in China passed 490 on Wednesday, as two U.S. airlines suspended flights to Hong Kong following the first fatality there and 10 cases were confirmed on a quarantined Japanese cruise ship. China's National Health Commission said another 65 deaths had been
Source: YahooSG - 🏆 3. / 71 Read more »

South Korea: Stocks end firmer on hopes of China stimulus boostRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »