Markets

More than six months after the pandemic ravaged the U.S. labor market, millions of Americans who are still unemployed are bracing for the possibility that the jobs they held before the crisis may not come back for years, if at all.

SINGAPORE: With the aviation sector battered by the COVID-19 pandemic, it is “not the time now” to be talking about imposing an environmental tax on Singapore Airlines (SIA), said Transport Minister Ong Ye Kung in Parliament on Tuesday (Oct 6). Doing so will worsen the situation for the national ......

TEMASEK Holdings will establish Seviora Holdings, a Singapore-based asset management group that will offer a broad range of multi-asset and multi-strategy investment expertise.

ANALYSTS see a mild positive from the latest move by the Singapore regulator to extend debt relief for certain individuals and small businesses into 2021.

JAKARTA: Experts have cast doubt on Indonesia’s newly passed omnibus law, raising concerns over whether it can effectively create jobs and attract investments, while bureaucratic reforms are left unaddressed.  The Job Creation Law revises more than 70 existing laws and regulations and promises to ...

Australian casino billionaire James Packer on Tuesday acknowledged sending threatening emails in 2015 to an unnamed person with whom he was working on taking Crown Resorts Ltd private while a director at the company he created.

BENGALURU: The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus restrictions, but demand continued to contract, prompting firms to cut more jobs, a private business survey showed on Tuesday (Oct 6). Signs of stabilisation in ...

CITI analysts remain "comfortable" with Singapore banks' credit cost forecasts even as debt relief for certain individuals and small businesses will be extended into 2021.

SINGAPORE: Legislating retrenchment benefits does not guarantee better outcomes for employees who were laid off, Manpower Minister Josephine Teo said in Parliament on Monday (Oct 6).  Responding to a question by Member of Parliament Louis Chua on whether a baseline retrenchment benefit can be ...

IOC gets official look at simplification for Tokyo Olympics