IDX

China’s fast-growing $157 billion market for exchange-traded funds will be directly accessible to overseas investors from Friday, at least four years since the plan was first hatched.

Among Southeast Asia's major economies - ASEAN-6 - Indonesia and the Philippines have currently almost 360,000 confirmed COVID-19 cases each. According to WHO's models, the real number could be 3.5 million or more.If the modeled estimates are some 10 times higher than the confirmed cases, the longer-term human costs and economic damage could prove significantly more burdensome than currently anticipated.Among the ASEAN-6 economies, only Vietnam is expected to avoid a contraction in 2020, in part thanks to US trade and technology war against China. Improved GDP growth has been fueled by recovery in exports, which has benefited from offshored manufacturing capacity from China. Yet, foreign investment flows have fallen.

Americans cautiously returned to the doctor’s office for non-essential medical procedures like knee replacements in the third quarter but Wall Street expectations into the end of the year may be too high.