Markets

Major U.S. airlines asked the U.S. Treasury to move quickly to release up to US$58 billion in government grants and loans and recommended a formula to divide up the money.

STANDARD Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak.

President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker.

SINGAPORE: Nominations are now open for the inaugural Singapore 100 Women in Tech list, it was announced on Monday (Mar 30). Part of the SG Women in Tech initiative, the list aims to feature the diversity of roles and "highlight female role models" in the local infocomm technology industry....

Toyota Motor Corp said on Monday that it would extend a suspension at all of its factories in Europe with the exception of Russia until further notice, with a restart expected no earlier than April 20.

Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning that the Middle East carrier could soon run out of the cash needed to continue flying.

SINGAPORE: The Monetary Authority of Singapore (MAS) eased monetary policy on Monday (Mar 30), in line with expectations, as the economy reels from the impact of a novel coronavirus pandemic. In its half-yearly monetary policy statement, it said with the deterioration in macroeconomic conditions ...

SYDNEY: Asian share markets looked set for a rocky start on Monday (Mar 30) as US stock futures took an early spill amid fears the global shutdown for the coronavirus could last for months, doing untold harm to economies. E-Mini futures for the S&P 500 skidded 1.7 per cent right...

COVID-19 has forced many of us to do the daily shift from home. An anthropologist who observed a group of remote workers raises some concerns and shares some tips.

LONDON: How much damage has COVID-19 and the oil price collapse inflicted on global financial markets this year? Put simply, it has probably been the most destructive sell-off since the Great Depression. The numbers have been staggering. US$15 trillion has been wiped of world stock markets, oil ...