NEWS

Latest updates

• Osaka joins Singapore and Hong Kong as world’s most expensive city

  • For only the second time three cities share the title of the world’s most expensive city – Singapore, Hong Kong and Osaka – according to the latest results from The Economist Intelligence Unit’s 2020 Worldwide Cost of Living Survey (WCOL).
• Covid-19 to send almost all G20 countries into a recession

  • Following the coronavirus outbreak, we have revised our growth forecasts for all countries across the world. The results paint a bleak picture. Across the G20, all but two countries will register a recession this year. The global economy will contract by -4.2%.
• EIU Nowcast: Coronavirus hit begins

  • The EIU nowcast for Q1 2020 GDP growth fell sharply to 0.58% year-on-year as on March 27th.
• Minimally Invasive Surgery: Trends in Cardiology

  • With better surgery outcomes and shorter patient recovery times, minimally invasive surgery (MIS) techniques have been increasingly adopted in cardiology procedures such as heart valve replacement surgeries.
• Partial recovery in services nudges up Q2 GDP nowcast, but Q3 recovery remains modest

  • The EIU nowcast for the US economy for Q2 2020 improved to -8.21% (quarter-on-quarter) as of last week, compared with -8.31% during the week ending July 3rd.
• Wave of consolidation in the EU telecoms market

  • The question vexing competition policy-makers is: how many big players are needed for healthy competition in telecoms markets?
• Economic data improves in June, but points to a modest recovery in Q3

  • The EIU nowcast for the US economy for Q2 2020 improved to -7.97% (quarter-on-quarter) as of last week, compared with -8.21% during the week ending July 10th.
• Global Outlook: Biden set to win 2020 presidential election

  • In The Economist Intelligence Unit’s latest Global Outlook video, Agathe Demarais, Cailin Birch and Mark Keller discuss the upcoming US presidential election and our outlook for US-Mexico relations.
• Advantage Singapore?

  • Hong Kong and Singapore are both established financial centres with strong supporting institutions and infrastructure.
• How will the coronavirus affect outbound Chinese students?

  • There will be a drop in the number of Chinese students starting degrees overseas in 2020, because of travel constraints and concerns over personal safety amid the coronavirus (Covid‑19) pandemic.

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