CITI Research on Monday downgraded the Singapore banks to "sell", seeing further material downside on the trio's share prices as the bank-brokerage expects short-term Fed interest rates to hit and stay at zero for much of the next nine months.
Boeing Co's proposal to leave wiring bundles in place on the grounded 737 MAX has not won the backing of U.S. aviation regulators, a person briefed on the matter told Reuters.
Citigroup Inc is splitting its staff in Buffalo, New York, to ensure it can keep its operations humming as the coronavirus spreads across the state, according to a source familiar with the plans.
Asian share markets were set for a beating on Monday as investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20per cent after Saudi Arabia slashed its official selling price.
WELLINGTON: Air New Zealand scrapped its annual earnings outlook on Monday (Mar 9), saying the impact of new coronavirus since the most recent figures were issued just two weeks ago had been worse than expected. The flag carrier warned on Feb 24 that annual pre-tax earnings could drop up to...
The price of futures contracts for the S&P 500 index fell more than 4per cent on Sunday as trading for U.S. equity markets resumed, a sign that investors fear the toll from the fast-spreading coronavirus will deepen.
This COVID-19 outbreak has turbocharged the rise of digital healthcare platforms and solutions to aid healthcare workers, says Mark Greeven.
Companies should focus on what it would take to build enduring business models and HR practices, while workers should be more open-minded about other forms of work, says PeopleSearch’s Jaime Lim.
UNITED Overseas Bank (UOB) and Prudential Singapore have launched a savings account that offers complimentary medical insurance for six female-related cancers, believed to be the first such a savings plan in Singapore.
REUTERS: As the coronavirus spreads in the financial hub of New York, financial firms – led by the Securities Industry and Financial Markets Association (SIFMA) – have triggered their contingency plans and are taking other precautions. As of Sunday, here is the state of play: BACKUP ...
