Markets

The Trump administration is moving ahead with oil and gas lease sales in four Western states beginning on Tuesday, bucking criticism from taxpayer advocates who say the auctions should be postponed because of a meltdown in energy prices.

SINGAPORE: Singapore's stock market rebounded along with its peers in Asia on Tuesday (Mar 24) as a pledge by the US Federal Reserve to spend whatever it takes to stabilise the financial system lifted sentiment amid the COVID-19 outbreak. Policymakers across the globe are looking to stave off a ......

German sportswear company Puma announced on Tuesday that 1,400 staff would switch to shorter work hours until April 13 as sales slump due to the coronavirus and said its three top executives would not take their pay for April.

Britain's biggest sportswear retailer JD Sports said on Tuesday it has delayed the publication of its financial results to May and has enough cash resources to ride out the coronavirus crisis.

SINGAPORE: Singapore Airlines (SIA) pilots will be required to take some days of no-pay leave a month from April as part of cost-cutting measures the national carrier is putting into place.  In an internal email dated Mar 24, seen by CNA, the airline said it had signed agreements with the ......

Norwegian Air has fulfilled the first condition for taking part in a government-led rescue package for the airline industry, securing an initial cash infusion of 300 million Norwegian crowns (US$26.63 million), the budget carrier said.

The German government will return to its savings policy once the coronavirus crisis is over, Economy Minister Peter Altmaier told ZDF broadcaster on Tuesday, adding that Europe's largest economy had committed to paying debt back from 2023.

DBS will provide a live telecast of its annual general meeting (AGM) next Tuesday, amid concerns around large group meetings during the ongoing Covid-19 outbreak, the bank announced on Tuesday. This move follows the Ministry of Health's suspension of events and gatherings with 250 or more attendees, which...

DBS will suspend registrations for in-person attendance at its annual general meeting (AGM) next week, after the government laid down stricter measures on Tuesday to contain the Covid-19 outbreak, which include deferring or cancelling all events and mass gatherings, regardless of size.

THE General Insurance Association of Singapore (GIA) recorded an underwriting loss of S$28 million last year, versus an underwriting profit of S$36.3 million in 2018.