Markets

SINGAPORE: President Halimah Yacob has given her in-principle support for Singapore to draw on its past reserves, as part of a second assistance package in response to the COVID-19 pandemic.  In a message to Parliament - delivered by Speaker of Parliament Tan Chuan-Jin on Thursday (Mar 26) - the...

THE Monetary Authority of Singapore (MAS) announced on Thursday that it will be lending USD obtained from the US Federal Reserve to banks in Singapore allocated through auctions, with the first taking place this Friday, March 27.

SINGAPORE: Deputy Prime Minister and Finance Minister Heng Swee Keat is delivering a ministerial statement on Thursday afternoon (Mar 26) on the Government’s additional support measures for businesses and households in response to the COVID-19 pandemic. This second stimulus package, which Mr Heng ...

A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays to help survive a coronavirus pandemic that has brought air travel to a standstill.

The fixation on a redesign of policies, regulations, and economic structures conditioned by the last crisis will leave us woefully unprepared for the next one, says Stephen S Roach.

Airbus SE is reducing the production of aircraft wings for three weeks as it slows operations to put in place extra health and safety measures due to the coronavirus pandemic, the planemaker said on Thursday.

The number of Americans filing claims for unemployment benefits likely raced to as high as a record 4 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of layoffs.

DBS Group on Thursday said it would defer its annual general meeting (AGM) that was originally due on March 31.

LONDON: Gold, prized by investors in times of crisis as a safe haven, is experiencing surging demand in the face of the coronavirus outbreak - from both commodity traders and retail buyers. The precious metal had forged a seven-year peak on commodity markets this month as traders sought shelter ......

WASHINGTON: The US Senate passed the nation's largest-ever rescue package late Wednesday (Mar 25), a US$2 trillion lifeline to suffering Americans, depleted hospitals and an economy all ravaged by a rapidly spreading COVID-19 crisis. The monster deal thrashed out between Republicans, Democrats ...