Markets

SINGAPORE: A mandatory stay-home notice for work permit and S Pass holders in the construction sector has been extended by two weeks until May 18, the Ministry of Manpower (MOM) said on Friday (May 1). These workers and their dependents were to serve stay-home notices until May 4, but this will ...

SINGAPORE: More businesses are announcing wage cuts or nudging employees to go on no-pay leave amid the ongoing COVID-19 pandemic, which has cast a dark cloud over many industries and the economy. The Singapore central bank earlier this week warned that the country will enter a recession this year ......

WASHINGTON: US President Donald Trump said on Thursday (Apr 30) his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak. Trump's sharpened ...

Amazon.com Inc on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least US$4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.

Apple Inc and Huawei Technologies each captured a higher share of China's smartphone market in the first quarter, according to data from research firm Canalys released on Friday.

Three of the largest four U.S. airlines said Thursday they will require passengers to wear facial coverings on U.S. flights, joining JetBlue Airways Corp in taking the step to address the spread of the coronavirus and convince reluctant passengers to resume flying.

U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak.

REUTERS: Gilead Sciences Inc, manufacturer of the experimental coronavirus drug remdesivir, on Thursday (Apr 30) said it will work with international partners to expand production of the potential COVID-19 treatment. The company said it still expects to have more than one million remdesivir ...

DETROIT: Ford Motor Co on Thursday (Apr 30) outlined the safety measures it will institute to restart its most profitable US plants amid the coronavirus pandemic, expanding on similar efforts by General Motors Co and Fiat Chrysler to convince leaders of the United Auto Workers union to send members ......

REUTERS: Boeing Co expects to raise around US$25 billion in its bond offering on Thursday (Apr 30), according to people familiar with the matter, a blowout result for the plane manufacturer shoring up its finances during the coronavirus-induced travel downturn. Boeing's capital raise, first ...