As the coronavirus outbreak rages, will this shift towards online shopping, food delivery and e-groceries be permanent? SUSS’ Chong Guan and Calvin Chan share their views.
THE government will further raise its risk-share of several enterprise loans, as it pulls out all the stops to enhance financing support so that "viable businesses" can continue to have access to credit, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Monday.
THE Monetary Authority of Singapore (MAS) will release data on its foreign exchange (forex) intervention operations on April 9, some three months earlier than previously scheduled.
CIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week.
Boeing Co said on Monday it will temporarily suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic.
NEW YORK: Hopes that the economy-crushing coronavirus pandemic might be easing sent Wall Street climbing sharply on Monday (Apr 6), with all three main indices higher at the close of trading. The Dow Jones Industrial Average powered 1,627.46 points higher, a gain of 7.73 per cent, to close at 22...
REUTERS: Airbnb said on Monday (Apr 6) investment firms Silver Lake and Sixth Street Partners will invest US$1 billion in the US home rental company in a combination of debt and equity. Reuters reported in March that Airbnb held a phone meeting with bankers to discuss extending an existing US$1 ...
MILAN: With their sales hammered by the coronavirus outbreak, car makers Fiat Chrysler and Peugeot's owner PSA have postponed their shareholder meetings and are looking at ways to boost cash reserves ahead of their planned merger. The two car makers have turned to their banks to secure much needed...
FRANKFURT: Lufthansa will discuss permanently grounding its Germanwings low-cost airline unit at a management board meeting on Tuesday, two sources familiar with the matter told Reuters. It remains unclear whether a decision will be reached about closing down Germanwings, the sources said. A ...
Lufthansa will discuss permanently grounding its Germanwings low-cost airline unit at a management board meeting on Tuesday, two sources familiar with the matter told Reuters.
