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PM Lee addresses the nation on Covid-19 situation | THE BIG STORY

 

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China cuts benchmark rate for second time time this year, as widely expectedSHANGHAI (REUTERS) - China cut its benchmark lending rate as expected on Monday (April 20) to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades.. Read more at straitstimes.com.
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Commentary: Jacinda Ardern, the leader our troubled times needIn a time of coronavirus, New Zealand’s prime minister offers four important lessons in leadership, says the Financial Times' Pilita Clark. Managing a paltry 4m people is no test of leadership.
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STI ends down 16.75 points or 0.64 per cent to 2,597.85THE Straits Times Index (STI) closed down 16.75 points or 0.64 per cent at 2,597.85 on Monday, snapping two days of consecutive gains as traders readied for a week of sense-checking as Singapore corporates head into the first-quarter earnings season, led by the Reits. Read more at The Business Times.
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Singapore stocks inch lower at Tuesday's open; STI down 0.1%SINGAPORE shares nudged slightly lower on Tuesday, with the Straits Times Index slipping 3.2 points or 0.1 per cent to 2,594.65 as at 9.02am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Daily Debrief: What Happened TodayMAS to directly lend to banks at near-zero cost, pumping cheap credit to SMEs; Eagle Hospitality Trust’s lenders restrict bank accounts of Reit, lessees at
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