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2021-04-12
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2021-04-08
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Global Funds Sell China Government Debt First Time in Two Years
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2021-04-08
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","listText":"Nice... ","text":"Nice...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342132485","repostId":"1101970793","repostType":4,"repost":{"id":"1101970793","pubTimestamp":1618188556,"share":"https://ttm.financial/m/news/1101970793?lang=&edition=fundamental","pubTime":"2021-04-12 08:49","market":"us","language":"en","title":"Why Analysts Are Bullish on Banks' Upcoming Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1101970793","media":"Barrons","summary":"At this time last year, investors were fleeing from banks. Now, analysts say the sector is one of th","content":"<p>At this time last year, investors were fleeing from banks. Now, analysts say the sector is one of the better bets on Wall Street.</p>\n<p>Bank stocks, as measured by the SPDR S&P Bank ETF (ticker: KBE), are up 25% this year, outpacing the 8% gain in the S&P 500. The sector has been helped by improving economic conditions and the steepening yield curve but analysts see even more levers for growth.</p>\n<p>“We’re only halfway through the rally,” Matt O’Connor, analystDeutsche Bank,wrote in a recent note. He sees earnings per share increasing by as much as 20% in 2023 and 2024 and stocks gaining as much as 50% over the next two to three years. Banks will continue to benefit from the things that have helped them this year, but O’Connor also expects that loan growth will be a driver of results in the back half of the year as the economy is on even firmer footing. He went on to note that a 10% jump in loan growth adds roughly 8% to banks’ earnings. The sector generally needs to see a full percentage point increase in interest rates to see a similar impact to earnings.</p>\n<p>The banks O’Connor likes most areBank of America(BAC),Citizens Financial(CFG),JPMorgan Chase(JPM), M&T Bank (MTB),Truist Financial(TFC),U.S. Bancorp(USB), and Wells Fargo(WFC).</p>\n<p>Deutsche Bank isn’t the only shop taking a positive view on the big banks.Goldman Sachsalso issued a bullish note on the sector. With big banks set to report earnings next week, analysts at Goldman Sachs said they expect executives to strike an optimistic tone for this year and next.</p>\n<p>Working in the sector’s favor is the expectation of strong reserve releases and excess capital return. Last year banks added billions to their reserves in the expectation of looming credit losses but with the economy recovering better than expected,those releases could soon be released into earnings. Banks also faced restrictions on buybacks and dividend payouts last year as the Federal Reserve wanted banks to conserve capital during the downturn.But the Fed last month said it was looking to ease those restrictions subject to how the banks perform in their annual stress tests.</p>\n<p>Goldman Sachs’ top picks are Morgan Stanley (MS),Bank of America (BAC), andCitigroup(C).</p>\n<p>JPMorgan, Wells Fargo, and Goldman Sachs are set to report earnings next Monday. The other big banks will follow later in the week.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title> Why Analysts Are Bullish on Banks' Upcoming Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n Why Analysts Are Bullish on Banks' Upcoming Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 08:49 GMT+8 <a href=https://www.barrons.com/articles/why-analysts-are-bullish-on-banks-upcoming-earnings-51617663295?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At this time last year, investors were fleeing from banks. Now, analysts say the sector is one of the better bets on Wall Street.\nBank stocks, as measured by the SPDR S&P Bank ETF (ticker: KBE), are ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-analysts-are-bullish-on-banks-upcoming-earnings-51617663295?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/why-analysts-are-bullish-on-banks-upcoming-earnings-51617663295?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101970793","content_text":"At this time last year, investors were fleeing from banks. Now, analysts say the sector is one of the better bets on Wall Street.\nBank stocks, as measured by the SPDR S&P Bank ETF (ticker: KBE), are up 25% this year, outpacing the 8% gain in the S&P 500. The sector has been helped by improving economic conditions and the steepening yield curve but analysts see even more levers for growth.\n“We’re only halfway through the rally,” Matt O’Connor, analystDeutsche Bank,wrote in a recent note. He sees earnings per share increasing by as much as 20% in 2023 and 2024 and stocks gaining as much as 50% over the next two to three years. Banks will continue to benefit from the things that have helped them this year, but O’Connor also expects that loan growth will be a driver of results in the back half of the year as the economy is on even firmer footing. He went on to note that a 10% jump in loan growth adds roughly 8% to banks’ earnings. The sector generally needs to see a full percentage point increase in interest rates to see a similar impact to earnings.\nThe banks O’Connor likes most areBank of America(BAC),Citizens Financial(CFG),JPMorgan Chase(JPM), M&T Bank (MTB),Truist Financial(TFC),U.S. Bancorp(USB), and Wells Fargo(WFC).\nDeutsche Bank isn’t the only shop taking a positive view on the big banks.Goldman Sachsalso issued a bullish note on the sector. With big banks set to report earnings next week, analysts at Goldman Sachs said they expect executives to strike an optimistic tone for this year and next.\nWorking in the sector’s favor is the expectation of strong reserve releases and excess capital return. Last year banks added billions to their reserves in the expectation of looming credit losses but with the economy recovering better than expected,those releases could soon be released into earnings. Banks also faced restrictions on buybacks and dividend payouts last year as the Federal Reserve wanted banks to conserve capital during the downturn.But the Fed last month said it was looking to ease those restrictions subject to how the banks perform in their annual stress tests.\nGoldman Sachs’ top picks are Morgan Stanley (MS),Bank of America (BAC), andCitigroup(C).\nJPMorgan, Wells Fargo, and Goldman Sachs are set to report earnings next Monday. The other big banks will follow later in the week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341770017,"gmtCreate":1617861539539,"gmtModify":1704704068922,"author":{"id":"3572317904063483","authorId":"3572317904063483","name":"Jerewu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572317904063483","authorIdStr":"3572317904063483"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341770017","repostId":"1139460968","repostType":4,"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341747611,"gmtCreate":1617861496533,"gmtModify":1704704067938,"author":{"id":"3572317904063483","authorId":"3572317904063483","name":"Jerewu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572317904063483","authorIdStr":"3572317904063483"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341747611","repostId":"1143591118","repostType":4,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":342132485,"gmtCreate":1618189802147,"gmtModify":1704707241504,"author":{"id":"3572317904063483","authorId":"3572317904063483","name":"Jerewu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572317904063483","authorIdStr":"3572317904063483"},"themes":[],"htmlText":"Nice... ","listText":"Nice... ","text":"Nice...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342132485","repostId":"1101970793","repostType":4,"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341770017,"gmtCreate":1617861539539,"gmtModify":1704704068922,"author":{"id":"3572317904063483","authorId":"3572317904063483","name":"Jerewu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572317904063483","authorIdStr":"3572317904063483"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341770017","repostId":"1139460968","repostType":4,"repost":{"id":"1139460968","pubTimestamp":1617853747,"share":"https://ttm.financial/m/news/1139460968?lang=&edition=fundamental","pubTime":"2021-04-08 11:49","market":"hk","language":"en","title":"Global Funds Sell China Government Debt First Time in Two Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1139460968","media":"Bloomberg","summary":"Holdings drop to 2.04 trillion yuan in March: ChinaBond\nDebt appeal gets eroded as yield gap with Tr","content":"<ul>\n <li>Holdings drop to 2.04 trillion yuan in March: ChinaBond</li>\n <li>Debt appeal gets eroded as yield gap with Treasuries narrow</li>\n</ul>\n<p>Global funds trimmed holdings of China’s sovereign debt for the first time in two years in March, as their yield premium over Treasuries narrowed and the government announced plans for more debt sales.</p>\n<p>Foreign investors held 2.04 trillion yuan ($312 billion) of Chinese government bonds as of the end of last month, according to data from ChinaBond. That’s 16.5 billion yuan lower than the record amount held in February, according to calculations by Bloomberg.</p>\n<p>While Chinese bonds have emerged as a haven during the global debt rout this year, the surge in Treasury yields to levels last seen in January 2020 have dimmed their appeal. Inflows may also slow going ahead after FTSE Russell saidlast monthan inclusion of the nation’s debt into its global bond index will take three years, instead of the 12 months initially envisioned.</p>\n<p>“Foreign investors reduced their holdings of China sovereign bonds in March mainly because U.S. Treasury yields rose a lot and some overseas investors switched to that,” said Ming Ming, head of fixed income research at Citic Securities Co. “In addition, foreign holdings had already jumped rapidly, so that also needs to be adjusted.”</p>\n<p><img src=\"https://static.tigerbbs.com/40fe96e473bfc593cd86dcb498fa33a4\" tg-width=\"576\" tg-height=\"318\">Global funds had been piling into Chinese sovereign debt for 24 consecutive months, doubling their holdings over that period as the government loosened ownership restrictions and the securities were included in global indexes. A lack of correlation with overseas bonds have also lured investors, helpingthem to rise1% in the first quarter, the only one to do so among the 20 largest global markets,.</p>\n<p>The reduction in foreign interest also came after Chinaannounceda larger-than-expected quota for the sales of local government debt, with some analysts saying that would pressure the overall market.</p>\n<p>TheChinaBond datacover the majority of the interbank market, where most government and policy bank notes are traded. More figures will likely be released by the Shanghai Clearing House in a few days that will cover some credit bonds in the interbank and exchange markets.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Funds Sell China Government Debt First Time in Two Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Funds Sell China Government Debt First Time in Two Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 11:49 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-04-08/global-funds-sell-china-government-debt-first-time-in-two-years?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Holdings drop to 2.04 trillion yuan in March: ChinaBond\nDebt appeal gets eroded as yield gap with Treasuries narrow\n\nGlobal funds trimmed holdings of China’s sovereign debt for the first time in two ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-08/global-funds-sell-china-government-debt-first-time-in-two-years?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-04-08/global-funds-sell-china-government-debt-first-time-in-two-years?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139460968","content_text":"Holdings drop to 2.04 trillion yuan in March: ChinaBond\nDebt appeal gets eroded as yield gap with Treasuries narrow\n\nGlobal funds trimmed holdings of China’s sovereign debt for the first time in two years in March, as their yield premium over Treasuries narrowed and the government announced plans for more debt sales.\nForeign investors held 2.04 trillion yuan ($312 billion) of Chinese government bonds as of the end of last month, according to data from ChinaBond. That’s 16.5 billion yuan lower than the record amount held in February, according to calculations by Bloomberg.\nWhile Chinese bonds have emerged as a haven during the global debt rout this year, the surge in Treasury yields to levels last seen in January 2020 have dimmed their appeal. Inflows may also slow going ahead after FTSE Russell saidlast monthan inclusion of the nation’s debt into its global bond index will take three years, instead of the 12 months initially envisioned.\n“Foreign investors reduced their holdings of China sovereign bonds in March mainly because U.S. Treasury yields rose a lot and some overseas investors switched to that,” said Ming Ming, head of fixed income research at Citic Securities Co. “In addition, foreign holdings had already jumped rapidly, so that also needs to be adjusted.”\nGlobal funds had been piling into Chinese sovereign debt for 24 consecutive months, doubling their holdings over that period as the government loosened ownership restrictions and the securities were included in global indexes. A lack of correlation with overseas bonds have also lured investors, helpingthem to rise1% in the first quarter, the only one to do so among the 20 largest global markets,.\nThe reduction in foreign interest also came after Chinaannounceda larger-than-expected quota for the sales of local government debt, with some analysts saying that would pressure the overall market.\nTheChinaBond datacover the majority of the interbank market, where most government and policy bank notes are traded. More figures will likely be released by the Shanghai Clearing House in a few days that will cover some credit bonds in the interbank and exchange markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341747611,"gmtCreate":1617861496533,"gmtModify":1704704067938,"author":{"id":"3572317904063483","authorId":"3572317904063483","name":"Jerewu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572317904063483","authorIdStr":"3572317904063483"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341747611","repostId":"1143591118","repostType":4,"repost":{"id":"1143591118","pubTimestamp":1617853594,"share":"https://ttm.financial/m/news/1143591118?lang=&edition=fundamental","pubTime":"2021-04-08 11:46","market":"sg","language":"en","title":"Singapore now accounts for a third of the world’s cruises, its tourism body says","url":"https://stock-news.laohu8.com/highlight/detail?id=1143591118","media":"cnbc","summary":"KEY POINTS\n\nSingapore currently accounts for a third of the world’s cruises, its tourism body said o","content":"<div>\n<p>KEY POINTS\n\nSingapore currently accounts for a third of the world’s cruises, its tourism body said on Wednesday, owing to the roaring success of its “cruises to nowhere” at a time of crisis in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/08/singapore-accounts-for-a-third-of-worlds-cruises-tourism-board-says.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore now accounts for a third of the world’s cruises, its tourism body says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 11:46 GMT+8 <a href=https://www.cnbc.com/2021/04/08/singapore-accounts-for-a-third-of-worlds-cruises-tourism-board-says.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore currently accounts for a third of the world’s cruises, its tourism body said on Wednesday, owing to the roaring success of its “cruises to nowhere” at a time of crisis in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/08/singapore-accounts-for-a-third-of-worlds-cruises-tourism-board-says.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/04/08/singapore-accounts-for-a-third-of-worlds-cruises-tourism-board-says.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1143591118","content_text":"KEY POINTS\n\nSingapore currently accounts for a third of the world’s cruises, its tourism body said on Wednesday, owing to the roaring success of its “cruises to nowhere” at a time of crisis in the industry globally.\nCruises have yet to restart in many parts of the world after taking a beating from the coronavirus pandemic, with some of the earliest big outbreaks found on cruise ships.\nSingapore has seen relatively few domestic Covid-19 cases since last year.\n\nSingapore currently accounts for a third of the world’s cruises its tourism body said on Wednesday, owing to the roaring success of its “cruises to nowhere” at a time of crisis in the industry globally.\nCruises have yet to restart in many parts of the world after taking a beating from the coronavirus pandemic, with some of the earliest big outbreaks found on cruise ships.\nSingapore has seen relatively few domestic Covid-19 cases since last year.\nThe Singapore cruises are open only to its 5.7 million residents, who have been unable to leave the tiny country for leisure and have settled instead for activities like staycations and even indoor camping.\nThe cruises recorded about 120,000 passengers, according to the Singapore Tourism Board, and run at lower capacity, with stringent health protocols.\nSTB did not cite a source for its industry data.\nSome cruises from the Caribbean are expected to resume from June while the U.S. Centers for Disease has retained tight curbs on resuming cruises from the United States.\nSome cruises have operated in parts of Europe, Asia and the South Pacific, according to the Cruise Lines International Association.\nRoyal Caribbean said this month that it was extending the season in Singapore for its Quantum of the Seas ship due to “overwhelming demand” through October.\nGenting Cruise Lines and Royal Caribbean launched their pilot cruises late last year.\nSTB Chief Executive Keith Tan said Singapore did not expect to be leading in cruises for long.\n“Over the next few months, I certainly believe there will be more resumption of cruise business in the Caribbean, and in the Mediterranean as well,” Tan said.\nSingapore’s tourism industry has been hit hard by the pandemic, with visitors dropping nearly 86% to 2.7 million last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
