Pressures faced by Amazon's staff in France are unacceptable, Finance Minister Bruno Le Maire said on Thursday, after unions said workers faced non-payment if they stopped due to fears over the coronavirus outbreak.
SINGAPORE: Banks in Singapore aim to start active Singapore Overnight Rate Average (SORA) derivatives trading in the second half of the year, as the city-state prepares a transition to new benchmark interest rates in line with a global trend, industry and regulatory officials said on Thursday (Mar ...
THE Monetary Authority of Singapore (MAS) on Thursday said it has issued prohibition orders ranging from six to 12 years on six individuals, who were formerly insurance agents and bank employees.
SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$400,000 on TMF Trustees Singapore Limited (TTSL) for failing to comply with MAS' Anti-Money Laundering and Countering the Financing of Terrorism requirements. Following an inspection by MAS, the firm was ...
World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars in cash amid the escalating coronavirus pandemic.
From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will lead to bankruptcies, defaults and credit rating downgrades.
SUVA, Fiji: Fiji confirmed its first coronavirus case Thursday (Mar 19) and immediately moved to seal off the city where the patient - a flight attendant - was based, as panic buying gripped the Pacific island nation. The announcement of Fiji's first COVID-19 case followed rampant speculation ...
SINGAPORE is aiming to build active derivatives trading off a transition benchmark rate - known as the Singapore Overnight Rate Average (Sora) - by the end of this year, as the Republic keeps on track to shift from the Sing-dollar Swap Offer Rate (SOR) that underpins the S$3.5 trillion Singdollar...
Hundreds of Twitter users welcomed on Thursday an offer by Tesla's chief executive, Elon Musk, to make ventilators for coronavirus sufferers, after the United States appealed for donations of respirator masks to combat a shortage.
Lufthansa said that the airline industry may not survive without state aid if the coronavirus pandemic lasts for a long time, as it throws everything at bringing home travelers and keeping industrial supply chains open.
