BEIJING: Some companies in Wuhan, the Chinese city where the novel coronavirus outbreak emerged late last year, are to be allowed to return to work, provincial officials said on Wednesday (Mar 11). Businesses involved in providing daily necessities can resume work and production immediately, as ...
China's construction activities were stalled in February as the government extended Lunar New Year holidays and advised people to stay indoors as a precaution against a coronavirus outbreak.
LONDON: For money managers, it's bad enough watching COVID-19 wipe trillions of dollars off world markets' value. Even worse is not knowing how bad the outbreak really is for the economy, company balance sheets, and in turn for their portfolios. Having torn across borders to almost 100 countries ......
NEW YORK: The United States on Tuesday (Mar 10) granted Chinese telecom giant Huawei another 45 days to continue doing business with American companies. The new provisional license expires on May 15. Prior to the extension, the previous license was set to expire on Apr 1. In May, Washington said ......
JEFFERIES Research on Wednesday upgraded OCBC to "buy" amid the recent sell-down on Singapore banks, arguing as well that the local trio have historically resilient earnings and dividend cushion.
NEW YORK: COVID-19 angst has the world washing its hands with newfound vigour - but the performing arts world wringing them, as directives to scrap mass events threaten the entertainment world with economic chaos. The past week has seen major events including Miami's Ultra electronic dance music ...
Citigroup has hired Loretta Ko to return to the investment bank and head its financial institutions group (FIG) for Hong Kong, the bank said on Wednesday.
Major banks are at risk of losing billions of dollars of fee-based retail revenue as they face increased regulatory pressure and growing competition from new entrants offering no-fee services, Accenture Plc said on Wednesday.
SINGAPORE: The Singapore economy is expected to grow 0.6 per cent this year, according to economists and analysts polled in a survey by the Monetary Authority of Singapore (MAS) released on Wednesday (Mar 11). This is a sharp drop from the 1.5 per cent growth expected by economists in...
WASHINGTON: As US coronavirus cases rose steadily, the White House and Congress negotiated measures on Tuesday to bolster the US economy and Americans' paychecks against the outbreak's impact, although there was no immediate sign of a deal. The rise in the number of US cases of COVID-19, a highly ...
