Markets

Singapore Airlines and Changi Airport have strong state support, and the lack of a domestic market could be partially overcome if Singapore joins with other countries to create travel bubbles once recovery begins, says Brendan Sobie.

IN A MOVE to encourage better personal finance habits, DBS Bank has rolled out a new digital advisory tool that helps customers consolidate and analyse their overall finances, as well as provide more personalised financial information tailored to their current life stage.

THE Bank of International Settlements (BIS), through its Singapore innovation hub arm, on Wednesday called for private firms to participate in a global "remote hackathon" to solve urgent problems related to regulatory compliance and ensuing supervisory processes.

FOLLOWING a pushback from irate customers, CIMB Bank Singapore will delay the start date - to Jan 1, 2021 - of its higher minimum rate for certain mortgages pegged to the Singapore inter-bank offered rate (Sibor) and Swap offer rate (Sor).

REUTERS: EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday (Apr 29), as the e-commerce company benefited from a surge in online orders with people staying indoors because of the COVID-19 pandemic. The rapid spread of the coronavirus forced millions of Americans to ...

EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors because of the COVID-19 pandemic.

Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly revenue and forecast current-quarter sales largely in line with expectations even though several other chipmakers had flagged concerns of a significant hit from the coronavirus outbreak.

Tesla Inc on Wednesday beat analysts' estimates for first-quarter revenue, as the electric carmaker reported a solid number of deliveries during the period despite disruptions due to the coronavirus outbreak.

Canadian pot producer Canopy Growth Corp said on Wednesday it would lay off 200 employees in North America and the UK, according to an internal announcement seen by Reuters.

Chesapeake Energy Corp , the oil and gas exploration and production company that was at the forefront of the past decade's U.S. shale boom, is preparing a potential bankruptcy filing as it grapples with an unprecedented rout in energy prices, people familiar with the matter said on Wednesday.