Some asset prices are moving together in unusual ways, an indication that investors may be preparing their portfolios for a coronavirus-led global slowdown.
Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from disrupting its home market.
SINGAPORE: Singapore's core inflation gauge in January hit its lowest level in four years, data on Monday (Feb 24) showed, due to lower services and retail prices that authorities said would persist as the coronavirus outbreak dimmed the country's economic outlook. Core inflation rose 0.3 per ...
Cargill Inc will launch plant-based hamburger patties and ground "fake meat" products in April, the company said on Monday, challenging Beyond Meat and Impossible Foods for sales in grocery stores, cafeterias and restaurants.
Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and movement of people on Monday as reported new cases of the coronavirus outside the worst-hit province fell to the lowest in a month.
Facebook's former sustainability chief has launched an organization to help employees at big companies press their bosses for more aggressive policies to fight climate change.
PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for US$705 million, the companies said.
Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East.
Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies.
Oil prices tumbled more than 2per cent on Monday as investors worried about a hit to demand from the coronavirus outbreak, which is spreading rapidly outside China.
