Markets

SINGAPORE: A “tripartite level" effort is needed to support mid-career workers in their 40s and 50s, amid concerns over job security among these employees, said Trade and Industry Minister Chan Chun Sing on Tuesday (Mar 3). “They have significant financial commitments as they provide for their ...

The World Bank said it would announce a package of financial and technical support later on Tuesday to assist with the health and economic impacts of the global coronavirus outbreak.

Thermo Fisher Scientific Inc has agreed to buy German genetic testing company Qiagen in a US$11.5 billion deal as the U.S.-based group looks to bolster its health diagnostic business.

PARIS: European stock indices were solidly higher on Tuesday (Mar 3) following a surprise rate cut by the US Federal Reserve, but off their peaks as analysts wondered about the real-world impact of the monetary policy move. At 1530 GMT, London's FTSE index was up 1.9 per cent, Frankfurt was 1.8...

U.S. Treasury Secretary Steven Mnuchin on Tuesday said the United States was not considering lowering tariffs on goods from China in response to the fast-spreading coronavirus, but would look at all options as the situation evolved.

Executives from planemakers Airbus and Boeing said on Tuesday that it was too early to say whether the outbreak of a new coronavirus would affect demand for aircraft.

U.S. stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.

WASHINGTON: The US Federal Reserve cut interest rates on Tuesday (Mar 3), in an emergency move designed to shield the world's largest economy from the impact of the coronavirus. In a statement, the central bank said it was cutting rates by a half percentage point to a target range of 1...

Saks Fifth Avenue owner Hudson's Bay Co Executive Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters on Tuesday.

REUTERS: Popular stock trading app Robinhood said on Tuesday said it is back up and running, a day after it experienced an outage when U.S. markets saw a major rebound from last week's slump. "On Monday, we experienced an issue with a part of our infrastructure that resulted in...