Japan will boost its special financing for small and mid-size firms hit by the coronavirus to 1.6 trillion yen (US$15.6 billion), according to a government document seen by Reuters on Monday.
Nissan Motor Co's vehicle sales in China, its biggest market, dropped 80per cent in February as coronavirus concerns sapped demand, in another blow to the carmaker which is struggling to recover from a profit free fall.
Britain's biggest retailer Tesco said on Monday it will return US$6.6 billion (5 billion pounds) to shareholders after agreeing to sell its businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of US$10.6 billion.
Shares in Saudi Aramco plunged 10per cent in opening trade on Monday, following a sharp drop in oil prices after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month.
LONDON: Britain's biggest retailer Tesco said Monday (Mar 9) that it has agreed to sell its businesses in Thailand and Malaysia to Thai conglomerate CP Group for £8.0 billion (US$10.4 billion). "Following inbound interest and a detailed strategic review of all options, we are announcing today the ...
TOKYO: Warnings of radiation hotspots in parts of Fukushima that will host the Olympic torch relay and several sporting events have made headlines, but what is the risk for athletes and spectators? Since the 2011 tsunami that triggered the Fukushima nuclear accident, Japan has carried out ...
Shares in Saudi Aramco plunged 10per cent in opening trade on Monday, following a sharp drop in oil prices after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month.
Amazon.com Inc on Monday is set to announce a new business line selling the technology behind its cashier-less convenience stores to other retailers, the company told Reuters.
SHARES of Singapore banks extended their slump in the afternoon trading session, with the Singapore interbank offer rate (Sibor) also falling following the emergency Fed rate cut earlier this month.
SHARES of Singapore banks closed on Monday at new 52-week lows, with the Singapore interbank offered rate (Sibor) also falling following the emergency Fed rate cut earlier this month over the novel coronavirus outbreak.
