Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of Americans out of work, making it difficult for borrowers to pay back loans.
There’s no escaping the need for a healthy balance sheet, diversifying revenue sources and rethinking frequent fleet renewal, says Nitin Pangarkar.
SINGAPORE: For years, business has been brisk at Hjh Maimunah, a popular kampung-style restaurant located in one of the city's oldest Malay settlements, Geylang Serai. The restaurant is especially lively during Ramadan - with a record 2 million people visiting the annual Hari Raya Bazaar in the ...
The longer lockdowns worldwide persist, the greater the likelihood of large-scale unemployment, collapsing demand, and recession, say observers.
Increased media use in the time of COVID-19 might expose individuals to misinformation as well as information that might increase their anxiety, says Edson C Tandoc Jr.
DBS Bank announced on Friday its third round of liquidity relief measures for individuals and small and medium-sized enterprises (SMEs). This follows the recently unveiled financial relief package outlined by the Monetary Authority of Singapore (MAS) and other industry bodies earlier in the week.
WITH Singapore on Friday announcing tighter movement restrictions within the country due to the virus outbreak, OCBC Bank said its annual general meeting (AGM), originally scheduled for April 30, will be postponed. Its insurance arm, Great Eastern, will also postpone its AGM originally slated for April 15,...
BANKING fees from mergers and acquisitions (M&A) transactions in the Asia-Pacific ex-Japan (APxJ) region fell to an eight-year low of US$473.1 million in the first quarter of 2020. This represented a 39.2 per cent decline from a year ago, according to Refinitiv data as at April 2....
WHILE banks are essential services that will stay open during the month-long imposition of tighter restrictions to curb the virus spread in Singapore, lenders are due to shut some branches amid slower traffic as well as in balancing staff welfare.
SINGAPORE Exchange (SGX) on Friday said its securities and derivatives markets will remain open and accessible as Singapore closes most workplaces for a month from Tuesday.
