Markets

U.S. financial companies are doubling down on travel restrictions to include domestic trips, replacing meetings with video calls, and webcasting events as the coronavirus outbreak starts to alter business-as-usual across the sector.

NEW YORK: European and US stock markets resumed their downward slide on Thursday (Mar 5), while Brent oil prices slid below US$50 a barrel for the first time since 2017 as global markets communicated more distress over the coronavirus. The Dow Jones Industrial Average ended down 969.58 points (3 ...

SEOUL: For one South Korean multinational company that makes smartphone components used by Apple Inc and LG Electronics Inc , the coronavirus epidemic is dealing blow after blow. First, the initial outbreak forced its China factory to shut down for almost three weeks and caused supplies from ...

Since the Singapore economy is largely dependent on small enterprises it is necessary to shore them up, says Nicholas Sim.

OPEC pushed on Thursday for a bigger-than-expected oil output cut to support prices that have been hit by the coronavirus outbreak, effectively presenting its non-OPEC partners with an ultimatum to back the move or face a price collapse.

ANALYSTS have downgraded their ratings for Singapore banks following the Federal Reserve's emergency rate cut on Tuesday, with the rate cut expected to compress the net interest margins (NIM) reported by the trio.

SINGAPORE'S ultra high net worth individual (UHNWI) population registers among the highest growth rates globally despite its small population size, the Knight Frank Wealth Report 2020 has found.

HSBC Singapore plans to have 40 per cent of women in its most senior positions by 2022, up from 30 per cent currently. It has also set a target to have half of its managerial positions to be taken up by women by 2022, the bank said...

ASIAN Development Bank (ADB) opened its new office in Singapore, marking deepening efforts with the Republic to collaborate on some of the most pressing development challenges facing Asia and the Pacific.

U.S. Federal Aviation Administration chief Stephen Dickson said on Thursday he thinks a certification test flight for the Boeing 737 MAX - a key milestone for the return of the grounded plane - could come soon.