SINGAPORE: The Singapore Exchange (SGX) has rolled out a S$5 million care package to “provide support and relief measures amid the COVID-19 outbreak”. The SGX care package will benefit national healthcare-support programmes, Singapore-listed companies as well as SGX employees and contract staff ...
BEIJING: China's industrial output contracted at the sharpest pace in 30 years in the first two months of the year as the fast spreading coronavirus and strict containment measures severely disrupted the world's second-largest economy, data showed on Monday (Mar 16). Urban investment and retail ...
PARIS: French telecoms operators will exercise greater discipline allocating internet bandwidth from Monday as France braces for a surge in the number of people working from home, the industry lobby's chief said on Sunday. The move could affect access to video-streaming platforms such as Netflix ...
WASHINGTON: United States' airlines have announced drastic reductions in flights after President Donald Trump's administration banned foreign travellers arriving from Europe. American Airlines said it would reduce all international capacity by 75 per cent. READ: US extends travel ban to UK ...
NEW YORK: More major retailers said on Sunday (Mar 15) they would shut stores in the United States to limit the spread of the coronavirus, including Nike, Under Armour and Lululemon Athletica, a day after similar moves by several other US retailers. The coronavirus, which has already caused ...
The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus, including making it easier for banks to get money and slashing its benchmark borrowing rate to near zero.
HSBC Singapore wants to make green finance easier and less costly for small and medium enterprises (SMEs) with a new green loan that will accept applications based on Singapore industry certifications.
The biggest U.S. banks will stop buying back their own shares, and will instead use that capital to lend to individuals and businesses affected by the coronavirus, an industry trade group said on Sunday.
Markets were set for another chaotic session on Monday after many of the world's major central banks joined in an emergency round of policy easing aimed at cushioning the impact of the coronavirus on economies.
WASHINGTON: Faced with a growing economic shutdown amid the global new coronavirus pandemic, the Federal Reserve on Sunday (Mar 15) announced drastic emergency measures to shore up confidence and keep the financial sector running, including slashing the key interest rate to virtually zero. The Fed ...
