BERLIN: Germany will plough 130 billion euros (US$146 billion) into a stimulus package to kick-start an economy severely hit by the coronavirus pandemic, Chancellor Angela Merkel said on Wednesday (Jun 3). Under the wide-ranging measures outlined in a 15-page document, value-added tax will be ...
Paper money was first used in China during the Tang dynasty. Fourteen centuries later, China is giving a new spin to the concept of currency itself. Money Mind explains how the project could transform the international financial system – and give new currency to the meaning of money.
China can now focus on critical economic issues and accommodate the realities of a post-coronavirus world, says Principal Global Investors’ Binay Chandgothia.
CIMB Bank Singapore is backtracking on its intended mortgage floor rate hike, following pushback from incensed customers who have banded together to challenge the bank's earlier decision.
THE 21 digital bank applicants in Singapore will be scrubbing through numbers and updating them to show the Monetary Authority of Singapore (MAS) from this month how their businesses and finances have been impacted by the global pandemic.
NEW YORK: Wall Street stocks surged on Wednesday (Jun 3), again betting on an economic rebound in the United States following coronavirus shutdowns and shrugging off rising tensions with China. The Dow Jones Industrial Average finished up 527.24 points (2.05 per cent) at 26,269.89. The broad ...
Uber Technologies Inc said on Wednesday trip requests were gradually picking up, but still remained significantly below prior year levels, as several countries start to lift coronavirus-led restrictions.
Amazon.com Inc said on Wednesday that it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group, bringing its total fleet to more than 80, as it pushes for faster delivery amid a surge in online orders.
More than three out of four U.S. human resource executives think more employees will continue to work from home even after the threat of the novel coronavirus subsides, according to a survey by a large business association released on Wednesday.
Delta Air Lines Inc said on Wednesday it will extend social distancing measures on its flights through Sept. 30 and will block the selection of middle seats and cap seating in every cabin.
