SINGAPORE: Singapore has entered a technical recession after its economy contracted 41.2 per cent in the second quarter from the previous three months, dragged down by weak external demand and COVID-19 "circuit breaker" measures. Several months of COVID-19 restrictions and workplace closures have ...
The dollar was hemmed into narrow ranges against most currencies on Tuesday as renewed concerns about diplomatic tension between the United States and China and rising coronavirus cases put a dent in risk appetite.
Hedge fund Bridgewater Associates was found by a panel of arbitrators to have "manufactured false evidence" in a case in which the company attempted to prove that its former employees had stolen trade secrets.
SINGAPORE: The Singapore economy contracted further during the April to June period and has slipped into a technical recession, advance estimates showed on Tuesday (Jul 14), on the back of weak external demand and a COVID-19 “circuit breaker” shuttering non-essential businesses for most of the ...
Delta Air Lines may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early exit deals, one person with knowledge of the matter said.
The U.S. Senate will begin debate next week on a fifth coronavirus-response bill, Senate Majority Leader Mitch McConnell said on Monday, as he forecast tough negotiations with Democrats who are seeking broader aid than Republicans.
The Trump administration plans to soon scrap a 2013 agreement between U.S. and Chinese auditing authorities, a senior State Department official said, a move that could foreshadow a broader crackdown on U.S.-listed Chinese firms under fire for sidestepping American disclosure rules.
American Airlines said on Monday it had reached out to U.S. Senator Ted Cruz after a photo of the Texas Republican without a mask aboard an airplane was posted on a social media site.
China’s new Hong Kong legislation shows how national security has become a part of the state’s economic arsenal, says an observer.
THE Monetary Authority of Singapore (MAS) and Temasek on Monday released a report highlighting the "commercial potential" of Project Ubin, paving the way towards live adoption of blockchain technology.
