China must tackle four competing challenges to effectively reopen the economy and create jobs, says an observer.
REUTERS: Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday (May 13): Bets that the US central bank will pursue a negative interest-rate policy are off-base. The Fed's top official became the latest in a parade of policymakers to brush off the ...
DBS's POSB has recorded a jump of almost four times in the number of account openings for migrant workers in the month of April, as the Covid-19 pandemic adds to the urgency for migrant workers to have access to digital banking - a basic service that most...
A NEW S$6 million grant scheme to support Singapore fintech firms has been collectively rolled out by the Monetary Authority of Singapore (MAS), the Singapore FinTech Association (SFA) and AMTD Group and AMTD Foundation (AMTD) on Wednesday, amid the challenging business climate due to the Covid-19 crisis....
The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines ahead of the high-stakes restart the Detroit automakers plan to launch on Monday.
NEW YORK: French drug manufacturer Sanofi SA said on Wednesday (May 13) that it is working with European regulators to speed up access to a potential coronavirus vaccine in Europe after its chief executive suggested Americans would likely get the vaccine first. The company said in a statement that ......
NEW YORK: Wall Street stocks slumped for a second straight session on Wednesday (May 13) after the Federal Reserve chief highlighted the risks facing the US economy after coronavirus shutdowns. The Dow Jones Industrial Average sank 516.81 points (2.17 per cent) to 23,247.97. The broad-based S&P ...
French drugmaker Sanofi SA said on Wednesday that it is working with European regulators to speed up access to a potential coronavirus vaccine in Europe after its chief executive suggested Americans would likely get the vaccine first.
Airbus is drawing up plans for restructuring involving "deep" job cuts, but has not taken a final decision, industry sources said.
Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as countries around the world begin easing restrictions aimed at curbing the spread of the coronavirus.
