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COMMENTARY

Covid-19 should flush out zombie performance from pre-crisis times

There has been an uptick in leverage risk among Singapore corporates, according to the Monetary Authority of Singapore's annual financial stability review

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MAS's stress test in 2019 signalled that the proportion of firms that risk crumbling under interest rate and earnings shocks is about 30 per cent, after accounting for cash reserves and hedging.

Mr Koepke argues, however, that the role of US interest rates in provoking EM crises has not been fully understood. He presents evidence that the probability of EM crises is substantially higher during a conjunction of three conditions: during a Fed tightening cycle, when the federal funds rate is above its natural rate (the rate that leads actual output to converge to potential output), and when market participants are surprised by signals that the Fed will tighten policy faster than previously expected.
In this April 24, 1984, file photo, from left, Steve Jobs, chairman of Apple Computers, John Sculley, president and CEO, and Steve Wozniak, co-founder of Apple, unveil the new Apple IIc computer in San Francisco
公司一直都在寻求省钱的办法,将一些自由职业者能胜任的工作外包出去。虚拟助理可以做许多全职员工可以做的工作,但是忠诚度却比较低。这些员工可以帮助拓展商业渠道,或者促进事情更加顺利进行。
The Caixin-sponsored composite PMI for November came in at 50.5, the first time it had broken through the 50-mark separating contraction from expansion since July.

多地拿公积金的钱建保障房 被质疑挪用他人财产

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