Markets

Ford Motor Co said on Thursday it planned to restart production at some plants in North America as early as April 6, in a sign of hope for U.S. automakers as the industry grapples with the damages from the coronavirus pandemic.

SINGAPORE: Deputy Prime Minister and Minister for Finance Heng Swee Keat delivered a ministerial statement on Thursday (Mar 26), announcing about S$48 billion in additional support measures from the Government in response to the COVID-19 pandemic. The Resilience Budget has three key areas: To ...

European Union lawmakers are expected on Thursday to approve emergency funds to cushion the bloc's economic slump triggered by the coronavirus pandemic and shore up hard-hit airlines by preserving their landing slots.

General Motors Co and Ford Motor Co have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles.

Drugmaker Mylan NV's merger with Pfizer Inc's off-patent branded drug unit, Upjohn, would now close in the second half of 2020 due to the delays surrounding coronavirus, the companies said on Thursday.

UNITED Overseas Bank (UOB) said on Thursday that one of its employees has tested positive for Covid-19. The bank was informed by the Ministry of Health today.

Millions of U.S. teenagers shut up in their homes and receiving their education online are turning for morale support and comic relief to each other - via immensely popular video sharing apps like TikTok.

U.S. lender Capital One Financial Corp got a waiver from the Commodity Futures Trading Commission (CFTC) after plunging oil prices increased the bank's derivatives exposure above a key regulatory threshold, according to two sources with knowledge of the matter.

SINGAPORE: The COVID-19 pandemic is the sort of event Singapore has been accumulating its reserves for, Deputy Prime Minister Heng Swee Keat said, as he explained the need to draw up to S$17 billion from the reserves for measures to protect jobs and support the economy. “We have saved up for...

SINGAPORE: Self-employed persons, firms and first-time jobseekers will receive more financial support, announced Deputy Prime Minister Heng Swee Keat on Thursday (Mar 26), amid an economic slowdown caused by the COVID-19 outbreak. This is part of a S$48 billion Resilience Budget to deal with what ...