Markets

Samsung Electronics said on Friday that it would temporarily move some smartphone production to Vietnam from South Korea after another of its Korean staff tested positive for the coronavirus, forcing it to close a factory.

SEOUL: South Korea's central bank said on Friday (Mar 6) it was quarantining bank notes for two weeks to remove any traces of coronavirus and even burning some as part of efforts to stem the outbreak. The Bank of Korea (BOK) said it is also putting currency notes through a...

BANGKOK: Thailand on Friday (Mar 6) outlined a stimulus package, estimated to be worth more than US$3.2 billion, to mitigate the impact of the coronavirus outbreak on activity in an already-flagging economy. Southeast Asia's second-largest economy is growing at its weakest pace in years due to ...

WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to US$10 billion, two sources with direct knowledge of the matter said.

OPEC holds crunch talks with its allies on Friday after the group told Russia and others it wanted an additional 1.5 million barrels per day (bpd) of oil cuts until the end of 2020, saying a big move was needed to deal with the impact of coronavirus.

Peugeot boss Carlos Tavares said on Friday PSA and Fiat Chrysler (FCA) will need to review their strategy in China after the closing of the merger between the two groups.

The coronavirus outbreak in China is pushing many small businesses to the brink, as efforts to stem its spread left usually bustling streets deserted and malls shut or empty.

Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback.

Social media giant Facebook Inc and Alphabet Inc's Google on Thursday recommended their San Francisco Bay area employees to work from home to minimize the risk of spreading Covid-19.

Shares in India's Yes Bank dropped nearly 35per cent on Friday to their lowest in more than a decade, after the central bank took control and set a limit on withdrawals because of a serious deterioration in its financial position.