Markets

G7 finance officials will on Tuesday discuss ways to bolster their economies against the impact of the spreading coronavirus outbreak, but are not expected to specifically call for new spending or coordinated interest rate cuts, a G7 official said.

SINGAPORE: A new wage offset scheme, alongside enhancements to an existing training grant, will be introduced to enhance the employment of persons with disabilities (PWDs), said Minister of State for Manpower Zaqy Mohamad on Tuesday (Mar 3). First announced by Deputy Prime Minister Heng Swee Keat ...

Apple supplier Foxconn said it would resume normal production in China by the end of March and that more than half its seasonal workforce in the country had restarted work following the coronavirus outbreak.

Hungary's system of fines imposed on Google related to the country's tax on advertising is not compatible with EU law, the Court of Justice of the European Union said on Tuesday.

Major international airline Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world.

BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing passenger car sales for the year, and said its global supply chain has not been disrupted.

The United States on Monday said it was slashing the number of Chinese nationals permitted to work at the U.S. offices of major Chinese state-owned media outlets to retaliate against Beijing's "long-standing intimidation and harassment of journalists."

SINGAPORE: About 1,000 companies have been placed on the Fair Consideration Framework (FCF) Watchlist after being suspected of discriminatory hiring practices, Manpower Minister Josephine Teo said in Parliament.  Some of these are employers with an exceptionally high share of foreign ...

SEOUL: The U.S. Justice Department charged two Chinese nationals with laundering more than US$100 million in cryptocurrency on behalf of North Korea, in court filings that detail Pyongyang's use of hackers to circumvent sanctions. According to an indictment filed in federal court in Washington, D ...

SINGAPORE: Low-wage workers will receive improved training support under a new workfare scheme in a bid to boost their career mobility, Minister of State for Manpower Zaqy Mohamad announced in Parliament on Tuesday (Mar 3). From July 2020, the Workfare Skills Support (WSS) Scheme – which replaces ...