Rounding up top investing articles from around the web, including articles shared in our Reddit Community: r/SingaporeInvestments.

Better-than-expected Q2 GDP lifts hopes of faster S’pore growth though Delta Covid-19 variant threat lingers (Straits Times)

The economy expanded by 14.7 per cent on a year-on-year basis in the second quarter of this year, faster than the initial estimate of 14.3 per cent growth, the Ministry of Trade and Industry (MTI) said on Wednesday (Aug 11). Meanwhile, Mr Edward Robinson, the Monetary Authority of Singapore’s (MAS) deputy managing director and chief economist, said the central bank’s current policy stance of zero appreciation of the trade-weighted Singapore dollar remains appropriate. However, MAS will continue to watch global developments, he added. The central bank’s next scheduled policy review is in October.

PSG president says world will be ‘shocked’ by revenues from Messi signing (CNBC)

• Messi signed a two-year deal with PSG, with an option for a third, that will net him an annual salary of $41 million plus bonuses and a reported $30 million signing fee.

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