Life is never easy for China's nearly 300 million migrant workers, but with the coronavirus zapping jobs at a historic clip, unemployed factory labourer Wei Guikun is at his wits' end.
The invisible killer is testing global capitalism as never before.
LONDON: Internet and media companies should do more to tackle the spread of misinformation in Britain, independent fact-checking charity Full Fact said in a report on Thursday highlighting falsehoods that have spread during the coronavirus outbreak this year. The novel coronavirus has opened up a ...
BEIJING: Chinese factory activity grew at a slower pace in April as demand remained sluggish while the world grapples with the COVID-19 pandemic, according to official data released Thursday (Apr 30). China is ramping up economic production as daily life returns to normal but with much of the ...
Virgin Australia Holdings Ltd's administrators have halted payments to bondholders and appointed Morgan Stanley to help sell the airline within four months, said a participant in a meeting of creditors owed nearly AUS$7 billion (US$4.58 billion).
BANK lending in Singapore dipped 0.1 per cent in March from a month ago, as a fall in consumer loans more than offset a rise in business loans, preliminary data from the Monetary Authority of Singapore showed on Thursday.
Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to slow the spread of the coronavirus on Wednesday, with Facebook's Zuckerberg endorsing the measures while Tesla's Musk condemned them as anti-democratic.
DBS on Thursday guided that its oil-and-gas (O&G) lending portfolio at S$23 billion makes up its single-largest loan exposure to impacted industries made vulnerable by the Covid-19 pandemic, and that it expects further allowances set aside specifically for O&G support services.
Tyson Foods Inc is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep cleaning of the plant amid the coronavirus outbreak, a unit of the largest U.S. meat supplier said on Wednesday.
WASHINGTON: The US economy's decade of expansion ended dramatically in the first quarter as the coronavirus pandemic caused GDP to shrink by 4.8 per cent, and second quarter growth is set to plummet even further. The decline - the biggest fall in GDP in 12 years and slightly worse...
