Markets

While new fiscal stimulus is needed to save jobs and businesses in Singapore, focus must also be on building longer-term resilience, says OCBC economist Selena Ling.

CITI Singapore has moved to return to the government the co-funding offered to all companies as a form of wage support amid the Covid-19 outbreak.

LIKE all businesses upended by the pandemic lockdowns, banks were forced to reorganise with little time. They managed to shutter large parts of their branch networks and to send most of their employees to work remotely. So far, the experiment has been largely free of glitches -...

Negotiators in the U.S. Senate reached agreement on Thursday on legislation increasing the amount of time, to 16 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans, according a Senate aide.

REUTERS: Hewlett Packard Enterprise on Thursday unveiled a plan targeting gross savings of at least US$1 billion by 2022 and cut the base salaries of top executives by 25per cent as the software maker seeks to weather the coronavirus crisis. Shares, down about 35per cent this year, fell 5.4per...

France's Finance Minister Bruno Le Maire said he has not signed off on a 5 billion euro (US$5.47 billion) state-guaranteed loan to help Renault cope with the fallout from the coronavirus, and that discussions continued.

Lauren Taylor is figuring out what’s required to run a mattress store in the age of a deadly pandemic.

Negotiators in the U.S. Senate reached agreement on Thursday on legislation increasing the amount of time, to 16 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans, according a Senate aide.

General Motors Co will restart its eight-speed transmission line at its plant in Silao in Mexico's Guanjuato state on Thursday, according to a company message sent to workers.

Facebook Inc will shift toward more permanently embracing remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees in a publicly broadcast livestream on Thursday.