As the U.S. Federal Reserve rolls out trillions of dollars to blunt the economic fallout of the coronavirus pandemic, there's a notable difference to the last financial crisis: close to zero concern over "moral hazard" - the sticky business of bailing out those whose dilemma is of their own...
Bangladesh on Sunday announced a relief package worth about US$1.7 billion to help farmers struggling because of restrictions imposed to stem the spread of the coronavirus, with neighbouring India expected to further extend its nationwide lockdown.
SINGAPORE: Nine in 10 Singaporeans will on Tuesday (Apr 14) receive the S$600 one-off cash payout announced as part of the Solidarity Budget earlier this month, the Ministry of Finance (MOF) said on Sunday. Last Monday, Deputy Prime Minister Heng Swee Keat announced that all adult Singaporeans ...
Annual leave rosters were always a nightmare to devise but now they have become impossible, says the Financial Times’ Pilita Clark.
The founders of Malaysia's AirAsia Group Bhd will not take salaries and its staff has agreed to an as much as 75per cent cut in pay due to the impact of the novel coronavirus outbreak on the airline, its chief executive said late on Saturday.
Although China is claiming success in its battle against the coronavirus, millions have lost their jobs in the economic fallout, throwing into jeopardy an ambitious target to eradicate poverty this year.
JUSSEY, France: It's a grim truth that times are good for the coffin business when they're bad for people, and the coronavirus pandemic is no exception. At a factory belonging to Europe's largest coffin maker, OGF, in eastern France, workers are doing overtime to meet demand from families parting...
TOKYO: Some Japanese office workers are facing a small, but insurmountable hurdle to staying home under the state of emergency declared in parts of the country over the virus: personal signature stamps. A reliance on paper filing systems in parts of Japan's business world is forcing employees to ...
The founders of Malaysia's AirAsia Group Bhd will not take salaries and its staff has agreed to an as much as 75per cent cut in pay due to the impact of the novel coronavirus outbreak on the airline, its chief executive said late on Saturday.
REUTERS: The technology arm of Britain's National Health Service has been working on a mobile phone app with Alphabet Inc's Google and iPhone maker Apple that the government hopes will help in ending the coronavirus lockdown, the Sunday Times newspaper reported. The system will use Bluetooth ...
