Global shares were set for a rocky ride on Tuesday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear market territory and world health officials declared the virus a pandemic.
SINGAPORE: With more Singaporeans unsure about travelling overseas due to the spike in COVID-19 cases across the world, hotels here are gearing up to entice people to take staycations instead. Graphic designer Shermin Sim, 25, and her boyfriend were considering going to Japan for Sakura season in ...
Fear about the coronavirus has pulled the S&P 500 down nearly 20per cent from its record high. So what?
Coronavirus may give this decline another push, but there is an irreducible minimum of travel that business people need to do and that is unlikely to disappear, says the Financial Times’ Michael Skapinker.
NEW YORK: Wall Street stocks suffered another bruising rout on Wednesday (Mar 11), with the Dow sinking into a bear market, as the economic toll from the coronavirus mounts with more major event cancellations. The latest announcements included the cancellation of the Houston Rodeo and the World ...
Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts' forecasts, but industry executives said the pandemic has yet to affect demand or factory production.
Boeing Co plans to separate 737 MAX wiring bundles, flagged by regulators as potentially dangerous, before the jet returns to service, two people familiar with the matter told Reuters on Wednesday.
Retailer Best Buy Co Inc said on Wednesday Executive Chairman Hubert Joly would step down and will not stand for re-election at the shareholder meeting on June 11.
Sporting goods retailer Modell's Sporting Goods filed for Chapter 11 protection in the U.S. bankruptcy court in New Jersey on Wednesday, citing a challenging retail environment.
Leading U.S. bank executives in a meeting with President Donald Trump at the White House said banks are strongly capitalized and prepared to help small businesses and American consumers weather the coronavirus outbreak.
