Markets

NEW YORK: Pharmaceutical giant Johnson & Johnson announced on Tuesday (May 19) it would stop selling talc-based baby powder in the United States and Canada, where sales had already been hit by changing consumer habits and fears the product causes cancer. The company has long denied claims that the ......

Businesses have made that leap to remote working, which has major implications for office space in Singapore and could accelerate trends already underway, says Sing Tien Foo.

COVID-19 is reshaping the way we work and earn, says the Financial Times' Patti Waldmeir.

NEW YORK: Wall Street stocks ended lower on Tuesday (May 19) as top US economic officials warned the US economy faces continued risks, causing the market to give back some of the gains from the prior session. The Dow Jones Industrial Average finished down 390.51 points (1.59 per cent) at 24,206.86...

GLOBAL clearing house LCH has cleared the first Sing-dollar interest rate swaps referencing the Singapore Overnight Rate Average (SORA), it said on Tuesday.

THE Monetary Authority of Singapore (MAS) will allow financial institutions (FIs) here to reopen more customer-service locations under the first phase of the lifting of circuit-breaker measures on June 2.

Billionaire investor Daniel Loeb is taking back the reins as sole chief investment officer at his hedge fund Third Point LLC, less than one year after he appointed long-time colleague Munib Islam to be his co-chief investment officer, according to a letter the firm sent its investors.

Visa Inc will allow a majority of its workforce to work from home through 2020, according to Chief Executive Officer Alfred Kelly Jr., mirroring similar moves from other fintech companies earlier in the week.

President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as the federal government moves to help farmers hard hit by the coronavirus outbreak.

Ford Motor Co on Tuesday reiterated its policy that all visitors to its manufacturing plants must wear a mask but said the White House will ultimately decide if U.S. President Donald Trump will comply during a planned visit this week.