Markets

As soon as New York officials began detailing their response to the coronavirus, Matt Preis knew his staff might be in trouble.

CIMB Bank Singapore on Wednesday said it will automatically defer principal and interest payments on most of the term loans taken up by its commercial banking customers here, a first in Singapore. 

CIMB Bank Singapore on Wednesday said it will automatically approve the deferment of principal and interest payments on most of the term loans taken up by its commercial banking customers here, a first in Singapore. 

The world's biggest maker of medical gloves is grappling with a serious shortage of workers as it tries to meet a huge surge in demand as countries such as the United States run out of personal protective gear due to the coronavirus outbreak.

The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.

REUTERS: U.S. stock index futures sank on Wednesday following stark predictions of a rising U.S. death toll and economic damage from the coronavirus outbreak, a day after the S&P 500 ended its worst quarter since the 2008 financial crisis. President Donald Trump on Tuesday warned Americans of a ......

The Himalayan hilltown of Khumjung should be bustling ahead of Everest's climbing season, but the coronavirus has forced the shut down of the world's tallest mountain and threatened the livelihood of the famed local Sherpas.

Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said.

As the coronavirus outbreak forced classes online, Boston Public Schools ordered 20,000 laptops and had them in hand in four days - an unusually fast turnaround made possible by a build-up of inventory prompted by the U.S.-China trade war.

MAYBANK Singapore will pay a one-time financial assistance of S$1,400 to employees who are living in Singapore temporarily due to Malaysia's movement control order (MCO).