Markets

SINGAPORE: Singapore’s labour market held steady in 2019, although unemployment rates edged up, according to a Ministry of Manpower (MOM) report released on Thursday (Mar 12). Total employment growth in 2019, excluding foreign domestic workers, was the highest in five years, reflecting growth in ...

LOS ANGELES: The new U.S. ban on foreign citizens entering the country if they have travelled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said. The 30-day restrictions from Friday ...

WASHINGTON: Democrats in the US House of Representatives on Wednesday (Mar 11) unveiled a broad package of proposals to help Americans affected by the COVID-19 outbreak, while officials suspended public tours through the Capitol building. The legislation, which Democratic leaders aimed to rush to ...

Washington state's House of Representatives passed a measure on Wednesday night that removes a key tax break for Boeing Co and other aerospace firms, in a bid to head off possible European tariffs on U.S. goods and ease a transatlantic trade dispute over aircraft subsidies.

SINGAPORE: Singapore's stock market plunged more than 4 per cent on Thursday (Mar 12) after the World Health Organization (WHO) declared the COVID-19 outbreak a pandemic and the United States announced a 30-day ban on travel from Europe over the coronavirus. The benchmark Straits Times Index fell ...

The new U.S. ban on foreign citizens entering the country if they have traveled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said.

Bombardier Inc Chief Executive Officer Alain Bellemare is leaving the company, the Globe and Mail reported on Wednesday, citing a report https://tgam.ca/2TGoqBN by Montreal's La Presse.

WASHINGTON: The United States will give individuals, and small and mid-sized businesses a three-month tax holiday to try to fight the economic impact of the novel coronavirus, President Donald Trump said on Wednesday night (Mar 11). It will also give affected companies US$50 billion more in low ...

RIDE-HAILING firm Grab has inked a partnership with Wirecard which will see the German payments company process GrabPay e-wallet transactions and integrate it as a payment method for its merchants, Wirecard said on Wednesday.

Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments should not be held up, both parties said on Thursday.