Markets

SINGAPORE: With an increasing number of countries enacting travel restrictions to curb the COVID-19 outbreak, Singapore is left “extremely vulnerable” due to its status as an aviation hub, say analysts. Smaller carriers may also end up going belly-up during this period, due to a drop in demand ...

SYDNEY: Australia's biggest airline Qantas said on Thursday (Mar 18) it will halt all international flights later this month, after the island nation's other main carrier Virgin shut its overseas services due to the coronavirus pandemic. Qantas said all of its international flights would be ...

Harley-Davidson Inc faces a battle with one of its investors after Impala Asset Management on Wednesday on Wednesday said it will try to install two directors at America's oldest and best-known motorcycle maker.

Airline industry turmoil deepened on Thursday as Qantas Airways Ltd told most of its 30,000 employees to take leave and India prepared a rescue package of up to US$1.6 billion to aid carriers battered by coronavirus, government sources said.

SAN FRANCISCO: Facebook Inc CEO Mark Zuckerberg said on Wednesday (Mar 18) that the company was moving moderation of its most sensitive content, including self-harm and counter terrorism, from contractors to full-time employees during the coronavirus outbreak. He said on a call with reporters that ...

Research suggests that some people may find self-isolating more difficult than others, says an expert.

THE introduction of up to two new digital full banks in Singapore may shape up to be a rewards-driven pursuit, with over half of consumers willing to bank with non-traditional providers enticed primarily by "offers and promotions upon sign-up".

TO LOCAL fintech MatchMove, moving into digital banking is a natural extension of its payments business - and a plan that has been long in the works.

UOB has projected for credit costs to reach 90 to 100 basis points (bps) as its worst-case scenario, as the lender braces for further downside amid the virus fallout.

NEW YORK: Shares in US airlines fell sharply on Wednesday (Mar 18) after Washington proposed a rescue package of US$50 billion in loans, but no grants as the industry had requested, to help address the financial impact from the deepening coronavirus crisis. The Trump administration's lending ...