The longstanding stereotype of Japan's office-bound "salaryman" is being tested as companies cautiously embrace working from home in a bid to stem the spread of the coronavirus.
WPP , the world's biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after it saw an increasing number of cancelations from clients due to the coronavirus crisis.
South Korean panel maker Samsung Display has decided to end all of its production of liquid crystal display (LCD) panels in South Korea and China by the end of this year, a spokeswoman said on Tuesday.
Air Canada announced Monday it would temporarily lay off nearly half of its employees and reduce activity by up to 90 per cent in the second quarter due to the coronavirus.
Finance ministers and central bankers of the Group of 20 major economies will hold a second round of virtual talks Tuesday to push ahead the coronavirus response, the Saudi hosts said.
Airlines must suggest possible compensation in return for government cash assistance and agree to conditions that include not cutting pay or laying off employees through Sept. 30, the U.S. Treasury Department said in guidelines issued on Monday as it prepares to quickly hand out US$25 billion.
SINGAPORE: The Government will introduce new legislation to provide clarity over how meetings are conducted, the Ministry of Law and Ministry of Finance said in a media release on Tuesday (Mar 31). This comes after businesses voiced concern about how they should comply with new COVID-19 rules on ...
SYDNEY: Asian shares managed a tentative rally on Tuesday as factory data from China held out the hope of a rebound in activity even as other countries across the globe all but shut down. China's official manufacturing purchasing managers' index (PMI) bounced to 52.0 in March, up from a...
DRIVEN by higher business loans amid the virus outbreak that began late January, bank lending in Singapore inched up 0.2 per cent in February from a month ago, fresh preliminary data from the Monetary Authority of Singapore showed on Tuesday.
American Airlines intends to apply for up to US$12 billion government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo to employees on Monday.
