Markets

SINGAPORE: The Government is ready to deploy a third stimulus package if the COVID-19 outbreak in Singapore deteriorates, Deputy Prime Minister Heng Swee Keat said on Monday (Mar 30). "If the situation continues to worsen, we'll be prepared to have a third package," he said. "I would like to...

Johnson & Johnson said on Monday human testing of its experimental vaccine for the coronavirus would begin by September and that it could be available for emergency use authorization in early 2021.

Johnson & Johnson said on Monday human testing of its experimental vaccine for the coronavirus would begin by September and that it could be available for emergency use authorization in early 2021.

SINGAPORE: The Government has frontloaded many of the relief measures with the aim of supporting businesses and workers through the next three to six months as the COVID-19 outbreak continues to unfold, said Trade and Industry Minister Chan Chun Sing.   That is the “immediate priority” of the ...

Facebook Inc on Monday pledged US$100 million in financing and advertising spending to support news organizations, including local publishers in the United States, reeling from pressure due to the coronavirus pandemic.

Fiat Chrysler (FCA) is looking to resume some vehicle production from next week at three plants in Italy if it gets the green light from the government, a union representative said on Monday.

PARIS: French automaker Renault said on Monday (Mar 30) it was resuming production at two factories in China and South Korea after they were shut down as authorities tried to limit the coronavirus outbreak. "All of the group's factories are currently shut down, except for the factories in China ...

TOKYO: U.S. hedge fund ValueAct Capital has become a major shareholder in Japanese chip and display materials maker JSR Corp with more than a 7per cent stake, as activist investors are increasingly targeting cash-rich Japanese companies. ValueAct, with more than US$12 billion in assets under ...

SINGAPORE: Ride-hailing giant Grab announced on Monday (Mar 30) that its senior leaders, including the co-founders, will take a pay cut of up to 20 per cent, as part of measures to deal with the impact of the COVID-19 pandemic. "The COVID-19 pandemic and ensuing measures to curb its spread...

U.S. stock index futures see-sawed on Monday after a strong recovery last week, as President Donald Trump extended his stay-at-home guidelines until the end of April, raising fears of a larger economic hit from the slump in business activity.