Markets

Family-owned restaurants fear they could be pitted against larger competitors, hotel chains and potentially investment funds in a race starting on Friday for a US$349 billion pot of money the US government will offer businesses hard-hit by coronavirus.

China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc , and sources said some of the banks involved in the Chinese chain's successful US IPO last year were reviewing their work in the listing.

Fiat Chrysler (FCA) has begun producing ventilator parts to help Italy's Siare Engineering boost its output of the medical equipment needed to treat patients during the coronavirus crisis, the carmaker said on Friday.

Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening.

OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10per cent of global supply, an OPEC source said after U.S. President Donald Trump called on oil nations to stop the oil rout caused by the coronavirus pandemic.

SINGAPORE: Businesses in essential services, such as healthcare, transport, logistics and food and beverage (F&B), will continue operations when the enhanced safe distancing measures requiring most workplaces to be shut kick in next Tuesday (Apr 7). Prime Minister Lee Hsien Loong announced the ...

THE Monetary Authority of Singapore (MAS) on Friday said that all financial institutions will continue to operate, although with reduced staffing on their premises, in line with the advisory from the Ministry of Health on maximising telecommuting. 

The economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as millions lose jobs, businesses shutter and spending stops.

Britain's economy looks set for a slump that in the short term could be deeper than during the depression of the 1930s, as a survey showed the coronavirus crisis caused a record downturn among services and manufacturing firms in March.

China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc , and sources said some of the banks involved in the Chinese chain's successful US IPO last year were reviewing their work in the listing.