Markets

Apple has said it will soon be producing one million face shields a week for medical workers battling the coronavirus pandemic.

After a coronavirus-fuelled wave of panic-buying briefly left Hong Kong's supermarket shelves bare, residents are turning to local producers for fresh food in a city almost entirely reliant on imports.

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.

INTEGRATED healthcare provider Fullerton Healthcare Corp has redeemed its US$175 million senior, unsecured perpetual capital securities in full.

CIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week. 

SINGAPORE'S mergers and acquisitions (M&A) activity totalled US$10.2 billion in the first quarter of 2020, down 22.4 per cent from US$13.1 billion a year ago, according to data from deal intelligence service Mergermarket as at April 1.

American Airlines said late Sunday it would suspend more flights in and out of New York City's three main airports for about a month, joining other airlines that have cut flights to the area following a spike in coronavirus cases.

HONG KONG: Lockdowns and travel restrictions prompted by the new coronavirus have been a boon to JOOX, Chinese tech giant Tencent's international music streaming platform, driving traffic to its karaoke services up by as much as 50 per cent, an executive said. Launched in 2015, JOOX is an overseas...

SINGAPORE: The Monetary Authority of Singapore (MAS) said on Monday (Apr 6) it will begin the disclosure of its foreign exchange intervention operations in April to enhance the market's understanding of its monetary policy stance. The data on MAS' net foreign exchange purchases from its ...

The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics' memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened consumer electronics sales.