Markets

South Africa's MTN, Vodacom and Telkom have been granted additional emergency spectrum to deal with a spike in data demand during the coronavirus outbreak, the country's telecoms regulator said on Friday.

Volkswagen Group on Friday said sales of its cars dropped by 23per cent on the year to 2 million cars in the January to March period.

BEIJING: For Zhang Yu, who runs a cafe in one of Beijing's top tourist spots, business has never been so bad. To contain the spread of the coronavirus, bars and cafes in the Wudaoying hutong - a top Lonely Planet destination built around a narrow lane - are permitted...

World stock markets made a super-charged sprint towards an 11per cent weekly gain on Friday - their second best of all time - after President Donald Trump laid out plans to gradually reopen the coronavirus-hit U.S. economy following similar moves elsewhere.

TOKYO: Japan's top airlines are operating at nearly half their domestic capacity even though the coronavirus outbreak has left seats on flights mostly empty, amid a lack of clear government directives on the functioning of transport infrastructure in the crisis. ANA Holdings Inc and Japan Airlines ...

SINGAPORE: Food delivery platforms have seen a spike in rider signups as Singapore moves into the second week of a month-long “circuit breaker” period aimed at breaking the COVID-19 cycle of transmission.  Deliveroo saw an 80 per cent increase in rider applications in the past month, and has added...

Air fares have fallen as much as 30per cent since the start of the year in North America and Europe, according to the first of a new series of industry data, while stabilising on a smaller decline in Asia where some coronavirus lockdowns are being eased.

SINGAPORE: Hyflux has been given the go-ahead by the Singapore High Court to postpone its scheme meetings and have its debt moratorium extended by another three months, it said in a bourse filing on Thursday (Apr 16). The troubled water treatment firm had filed the urgent applications on Apr 7...

A new breed of trading algorithms has deftly navigated the turbulence in currency markets caused by the coronavirus pandemic, driving up demand for robots and potentially reshaping the world of foreign-exchange dealing beyond the crisis.