E-commerce giant Alibaba is pumping another US$2bn into Lazada, bringing its total investment in the start-up to US$4bn. For more, check out today’s Singapore Wired Daily.
Even as US equities struggled through the choppy week, US equity ETFs saw whopping inflows. For more, check out our Weekly Global ETF Commentary.
Stocks rebounded as a reversal in the trend in corporate earnings revision offset uncertainties about US rate hikes. Find out which stocks will outperform in our Singapore Model Portfolio.
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