Markets

Bondholders in particularly hard-hit sectors like energy, travel and leisure have another issue to watch for as companies struggle to survive the economic shutdown - getting demoted by new debt issues.

As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah builder Clark Ivory knew what to tell his local colleagues.

Apple Inc said on Thursday it has found "no evidence" a flaw in its email app for iPhones and iPads has been used against customers, and that it believes the flaw does "not pose an immediate risk to our users".

PSA Treasury, a wholly-owned subsidiary of Singapore’s port and terminal operator PSA International, will issue below par, at 99.822 per cent, US$650 million worth of guaranteed notes maturing in 2030.

Virgin Australia owes A$6.9 billion (US$4.39 billion) to more than 10,000 creditors based on an initial review, according to an affidavit from one of the company's administrators.

SINGAPORE: Singapore Exchange's profit jumped 38 per cent to a 13-year high in the January-March quarter as extreme market volatility amid the coronavirus outbreak boosted equities and derivatives trading volumes. "With uncertainty around the eventual economic and financial impact of COVID-19 and ...

U.S. electric vehicle maker Tesla Inc raised prices for two China-made model 3 variants after authorities cut subsidies in the world's biggest auto market.

Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it could not make a forecast for the full year because of economic uncertainty caused by the coronavirus pandemic.

SINGAPORE: Fewer Housing and Development Board (HDB) flats were sold in the resale market in the first quarter of this year amid the COVID-19 outbreak, official figures released on Friday (Apr 24) showed. A total of 5,893 flats were sold in the January to March period, a decline of 7...

SINGAPORE: Sales of new private homes in Singapore plunged in the first quarter of the year along with a dip in prices, amid disruption from the COVID-19 pandemic, data showed on Friday (Apr 24).  Expectations are that the private property market will deteriorate even further, as the impact of...