SINGAPORE: Singapore stocks, in tandem with the global sell-off, have been in free fall and given a rapidly-evolving COVID-19 pandemic, market analysts said it would be unrealistic to expect a stability in the market anytime soon. Year to date, the benchmark Straits Times Index (STI) has slumped ...
Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than US$250 billion.
South African businesses braced for a nationwide lockdown and panic buyers stockpiled food and other essentials on Tuesday as the number of confirmed coronavirus cases jumped to 554 from 402 a day earlier.
Facebook Inc's Instagram said on Tuesday it would remove coronavirus-related content and accounts from recommendations and its "explore" option, unless posted by or belonging to credible health organizations.
Citadel, the Chicago-based hedge fund giant led by billionaire Ken Griffin, has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.
Citadel, the Chicago-based hedge fund giant led by billionaire Ken Griffin, has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.
European airlines crippled by the coronavirus have demanded lasting relief from environmental taxes - in a move that pits their immediate survival against longer-term emissions goals.
BEIJING: China aims to launch an experimental spacecraft without a crew in April, as part of a broader spaceflight programme to shuttle astronauts to its future space station, state media reported on Tuesday. The new-generation spacecraft is scheduled to launch on the maiden flight of the Long ...
Wild swings in asset prices have thrown a spotlight on liquidity in corners of the US$4.4 trillion market for U.S. exchange-traded funds, which have played a key role for investors in Wall Street's coronavirus-fueled selloff.
The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year's stress test and the financial system remains resilient, the Bank of England said on Tuesday.
