China's Tencent Music Entertainment Group said the company would likely see "much softer" first-quarter revenue growth due to the COVID-19 outbreak, after it beat Wall Street estimates for fourth-quarter revenue on Monday.
New Zealand announced a NZ$12.1 billion (US$7.3 billion) stimulus package Tuesday to counter the economic shock of the coronavirus pandemic.
SINGAPORE: The National Wages Council (NWC) will convene earlier than usual this year on Tuesday (Mar 17), Singapore's Manpower Ministry said in a press release. The annual meeting between employer, employee and government representatives was called early "given the economic uncertainty arising ...
SINGAPORE: Singapore's non-oil domestic exports (NODX) fell 4.8 per cent on a seasonally adjusted month-on-month basis in February, reversing the previous month's 4.5 per cent growth. Non-electronic domestic exports declined, while electronics grew, according to official data released Tuesday (Mar ...
REUTERS: Apparel retailer Nordstrom Inc on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic. The company said it would close stores, including Nordstrom full-line, Nordstrom Rack and Trunk Club ...
Exxon Mobil on Monday said it will make "significant" cuts to spending in the face of the unprecedented slide in oil prices due to the global coronavirus outbreak, which sent its shares to a 17-year low.
Most Asian shares fell on Tuesday a day after Wall Street's historic market rout, with fleeting initial gains evaporating as the coronavirus remained a major risk to economic growth.
SYDNEY: Australian airline Qantas announced Tuesday (Mar 17) it was slashing its international capacity by 90 percent and domestic flights by 60 per cent in a further coronavirus blow to the beleaguered travel industry. Facing a growing list of travel bans around the globe and a "precipitous ...
Amazon.com Inc said on Monday it would hire 100,000 warehouse and delivery workers in the United States to tackle a surge in online orders, as consumers shop heavily fearing the spread of the coronavirus outbreak.
REUTERS: Uber Technologies Inc's food delivery business, Uber Eats, said on Monday (Mar 16) it would waive off delivery fee for independent restaurants across the United States and Canada. Uber Eats is the latest aggregator to suspend commission from restaurants hit by the coronavirus outbreak ...
