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WELLINGTON: New Zealand's success in curbing the coronavirus has given it a "safe haven" advantage, allowing the country to be open for investment, Prime Minister Jacinda Ardern said on Wednesday (Jun 6). With just two new infections this week, New Zealand has held down community spread of the ......

Tyson Foods Inc will resume limited production at its largest U.S. pork plant this week, the company said late on Tuesday.

UNITED Overseas Bank (UOB) on Wednesday posted a 19 per cent fall in Q1 net profit on declining margins and a surge in impairment charges, bringing its earnings to the lowest level in just over two years.

Millions of people stuck indoors turned to video games such as Activision Blizzard Inc's "Call of Duty" to shake off lockdown boredom in the past two months, encouraging the company to raise its revenue forecast for the year.

Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18per cent in extended trade.

SK Innovation , owner of South Korea's top refiner SK Energy, said on Wednesday that refining margins are expected to remain weak in the second quarter, weighed down by sluggish fuel demand in the midst of the coronavirus pandemic.

DESPITE the unknown stresses thrown up by the novel coronavirus, all 21 digital banking contenders in Singapore have stayed the course. The Business Times understands that no names have withdrawn from the race.

GREAT Eastern Holdings on Wednesday posted a 90 per cent drop in net profit to S$33.9 million for the first quarter ended March 31, 2020 from S$342.7 million a year ago. 

Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.

NEW YORK: An Amazon worker at a warehouse in New York where employees called for greater coronavirus safety measures has died of COVID-19, the e-commerce giant said Tuesday (May 5). "We are deeply saddened by the loss of an associate at our site in Staten Island, NY," Amazon spokesperson...