Markets

SINGAPORE: Singapore's manufacturing output was up 16.5 per cent in March after recording its biggest contraction since 1983 in February, according to data from the Economic Development Board (EDB) on Friday (Apr 24).    In February, Singapore's manufacturing output plunged more than 20 per cent ...

TOKYO/WASHINGTON: Asian shares and U.S. stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat COVID-19 and new evidence of U.S. economic damage caused by the coronavirus pandemic. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0 ...

Nestle reported a 4.3per cent rise in organic sales growth for the first quarter, the food giant said on Friday, as consumers filled cupboards with Purina pet food and Poland Spring water to prepare for lockdowns caused by the coronavirus pandemic.

Swatch Group's sales at its own stores in China are up by almost a quarter during April, the watchmaker's Chief Executive Nick Hayek told Blick newspaper, but the global situation following the coronavirus outbreak remains tough.

SINGAPORE: Hari Raya celebrations this year are set to differ from tradition with tightened COVID-19 social distancing measures and people discouraged from leaving their homes. However, the age-old tradition of handing out green packets can continue - albeit with a virtual twist. DBS has ...

Bondholders in particularly hard-hit sectors like energy, travel and leisure have another issue to watch for as companies struggle to survive the economic shutdown - getting demoted by new debt issues.

As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah builder Clark Ivory knew what to tell his local colleagues.

Apple Inc said on Thursday it has found "no evidence" a flaw in its email app for iPhones and iPads has been used against customers, and that it believes the flaw does "not pose an immediate risk to our users".

PSA Treasury, a wholly-owned subsidiary of Singapore’s port and terminal operator PSA International, will issue below par, at 99.822 per cent, US$650 million worth of guaranteed notes maturing in 2030.

Virgin Australia owes A$6.9 billion (US$4.39 billion) to more than 10,000 creditors based on an initial review, according to an affidavit from one of the company's administrators.