Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Why is Singapore’s airport closed?

Published

on

Singaporean authorities are restricting access to Changi Airport, in response to a growing COVID-19 cluster that is linked to the air travel hub.

The first identified case in the cluster, an 88-year-old airport cleaner, was detected on May 5.

The cluster has since grown to 25 cases, which includes seven new infections that were recorded on Wednesday.

In response to the rising case numbers, all Changi Airport passenger terminal buildings and Jewel Changi Airport will be closed to the public for two weeks.

Jewel is a nature themed entertainment complex that features restaurants, shops and even a 40-metre indoor waterfall.


The two-week closure is to allow for the “cleaning and disinfection of the premises and facilities”, and for all workers to be tested.

The airport will remain open for air travel, however access to the terminals will be restricted to passengers with air tickets and essential airport workers.

Other members of the public are not permitted to enter the terminals, but will be allowed to drop off or pick up passengers.
The majority of the cases in this cluster are breakthrough infections, meaning the patient contracted the virus despite being fully vaccinated.

Hannah Clapham is an Assistant Professor at NUS Saw Swee Hock School of Public Health in Singapore.

“So when we look at the numbers, when we see a lot of infections in vaccinated people, we have to remember that a lot of people have been vaccinated because we were worried about their risk of transmission,” the epidemiologist told Ticker.

She says it is “really reassuring” that “we have seen much milder cases in vaccinated individuals”.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

Published

on

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Money

Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.

Published

on

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.


Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.

Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.

Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Money

Australia jobs, market trends, and tariff ruling: What investors need to know

Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.

Published

on

Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.


Australia’s latest jobs report is shaping market expectations and interest rate forecasts. Strong employment growth could boost confidence in the economy, while weaker data might prompt a rethink of monetary policy.

Investors are favouring cyclical assets over growth stocks, targeting sectors like industrials, materials, and energy. David Scutt from StoneX notes this reflects both caution amid market volatility and a bet on areas tied to economic cycles.

Meanwhile, the upcoming Supreme Court ruling on Trump’s reciprocal tariffs could significantly impact markets, yet many are overlooking its potential effects on trade, commodity prices, and sector valuations. Investors should prepare for possible volatility and adjust strategies accordingly.

#AustraliaJobs #InterestRates #CyclicalAssets #GrowthStocks #MarketInsights #TrumpTariffs #InvestorTrends #TickerNews


Download the Ticker app

Continue Reading

Trending Now