Markets

U.S. stock index futures fell for the third time this week on Thursday as sweeping emergency action from policymakers across the globe failed to convince panic-stricken equity markets that a coronavirus-driven global recession could be averted.

SINGAPORE: The OLA executive condominium in Sengkang announced its prices on Wednesday (Mar 18), with 15 per cent of its units priced below S$1 million. Prices for its 3-bedroom and 3-bedroom + 1 units, which range from 926 to 1,055 sq ft, start from S$999 per sq ft (psf). Four-bedroom...

Deutsche Bank slashed its forecast for Germany's economy on the coronavirus fallout, saying it now expected the euro zone's largest economy to contract between 4-5per cent in 2020 while industrial production could shrink by 10per cent.

Pressures faced by Amazon's staff in France are unacceptable, Finance Minister Bruno Le Maire said on Thursday, after unions said workers faced non-payment if they stopped due to fears over the coronavirus outbreak.

SINGAPORE: Banks in Singapore aim to start active Singapore Overnight Rate Average (SORA) derivatives trading in the second half of the year, as the city-state prepares a transition to new benchmark interest rates in line with a global trend, industry and regulatory officials said on Thursday (Mar ...

THE Monetary Authority of Singapore (MAS) on Thursday said it has issued prohibition orders ranging from six to 12 years on six individuals, who were formerly insurance agents and bank employees. 

SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$400,000 on TMF Trustees Singapore Limited (TTSL) for failing to comply with MAS' Anti-Money Laundering and Countering the Financing of Terrorism requirements.  Following an inspection by MAS, the firm was ...

World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars in cash amid the escalating coronavirus pandemic.

From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will lead to bankruptcies, defaults and credit rating downgrades.

SUVA, Fiji: Fiji confirmed its first coronavirus case Thursday (Mar 19) and immediately moved to seal off the city where the patient - a flight attendant - was based, as panic buying gripped the Pacific island nation. The announcement of Fiji's first COVID-19 case followed rampant speculation ...