Markets

Honda Motor Co said Thursday it will extend a shutdown of all of its North American auto plants through May 8 and extend unpaid leaves for many salaried workers.

ALTHOUGH the Singapore Exchange (SGX) has made quarterly reporting (QR) voluntary, most companies in the Straits Times Index (STI) have decided to continue with it, which will give investors an opportunity to better assess how much damage the Covid-19 pandemic has inflicted on firms and their business...

MORE seniors have turned to online banking amid tighter curbs to stamp out Covid-19 in Singapore, but the challenge is in maintaining this shift for the long run, said OCBC's head of e-business Pranav Seth.

A RECORD high of 96 non-financial companies have entered the "crossover zone" - the credit ratings closest to the line between speculative grade and investment grade - by the end of the first quarter of this year.

NEW YORK: Wall Street stocks finished almost flat on Thursday (Apr 23) as oil prices bounced again, while the US reported another bruising round of jobless claims as a result of widespread coronavirus shutdowns. The Dow Jones Industrial Average retreated from gains earlier in the trading session ...

SAN FRANCISCO: Expedia on Thursday (Apr 23) appointed a new chief executive and said it would raise US$3.2 billion to ride out the devastating slump in the travel industry linked to COVID-19. The online travel booking service will also furlough workers, and its board and top executive will forgo...

Intel Corp forecast current-quarter revenue above analysts' estimates on Thursday, as lockdown orders globally fueled demand for its data center chips that power internet-based services.

REUTERS: Facebook Inc has removed "pseudoscience" as an option for advertisers who want to target audiences, a category available until this week even as the world's largest social media network vowed to curb misinformation about the COVID-19 pandemic. The company eliminated this category from its ...

Toyota Motor Corp said on Thursday it expects to gradually resume North American production starting May 4 and will impose significant new safety procedures after it halted operations in March because of the coronavirus pandemic.

WASHINGTON: A stunning 26.5 million Americans have sought unemployment benefits since mid-March, confirming that all the jobs gained during the longest employment boom in US history have been wiped out as COVID-19 savages the economy. The deepening economic slump amid nationwide lockdowns to ...