SINGAPORE: Singapore may take years to recover from the effects of the COVID-19 pandemic, and must work to prevent a “COVID generation” of workers and students in Singapore, said Deputy Prime Minister Heng Swee Keat on Friday (Jun 5) as he wrapped up the debate on the Fortitude Budget....
SINGAPORE: Private car owners will be able to take their vehicles for inspection from Monday (Jun 8) as economic activities resume in phases, the Land Transport Authority (LTA) said in a news release on Friday. From Monday, LTA authorised inspection centres will resume vehicle inspection services ...
German car maker Volkswagen AG said on Friday that it had added two members to the executive committee of its supervisory board.
British Airways parent company IAG said it is considering launching a legal challenge against the UK government's 14-day quarantine rule for incoming travellers.
European stocks are likely to rise another 10per cent by the end of September as the re-opening of economies after virus lockdowns is likely to lead to a significant pick-up in business activity, Bank of America analysts said on Friday.
The US$1 trillion container shipping industry is in a slowdown. Literally.
The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources familiar with its thinking said, heightening the chance it will forgo bold monetary easing steps at this month's rate review.
Facebook Inc will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S. users, it said on Thursday.
Australia announced the biggest shakeup of its foreign investment rules in almost half a century on Friday, including additional powers to force the divestment of a business if it creates a national security risk.
China said on Friday that social media companies should not selectively create obstacles for media agencies, responding to Facebook Inc's decision to start labeling state-controlled media organisations.
