Business
Back to homepage
Saudi G20 presidency urges more donations to fund pandemic response
WASHINGTON: The Saudi presidency of the Group of 20 major economies on Thursday called for further immediate donations to fund the emergency response to the coronavirus pandemic and develop needed vaccines. The G20 secretariat said $1.9 billion had been donated
Read More
Covid 19: Suppliers are top risk management concern
The worldwide coronavirus pandemic has disrupted life in just about every sense of the word, from personal health concerns and social distancing to shelter-in-place mandates and business closures.But in the corporate world, life plods on. Critical concerns about ongoing sales
Read More
SE Asia Stocks-Most markets fall as risk-off from oil rout persists
Most Southeast Asian stock markets fell for a second session on Wednesday as the collapse of oil prices earlier this week underscored supply glut worries and exposed the severity of the damage to demand from the coronavirus pandemic. The week
Read More
U.S. crude crash keeps dollar in demand
SINGAPORE: The dollar and yen held broad gains on Wednesday, as U.S. oil’s return to positive territory from a historic plunge failed to calm market nerves, while the Australian dollar jumped on record retail sales figures. The greenback sat just
Read More
Japan’s Nagasaki confirms 33 coronavirus cases on cruise ship docked for repairs
TOKYO: Japan’s Nagasaki prefecture said on Wednesday it had confirmed 33 cases of coronavirus infection on an Italian cruise ship docked for repairs and would carry out further testing on other crew members. Those who test positive but are asymptomatic
Read More
China’s daily air passenger numbers up 7.9% in April vs March -aviation regulator
BEIJING: China’s aviation regulator said on Wednesday daily transported air passenger numbers rose 7.9% this month, as of April 21, from March, but was only at 29% of the level seen a year ago, in a sign of how the
Read More
India eases fundraising rules for companies as coronavirus hurts deals
MUMBAI: India’s market regulator on Tuesday temporarily eased some fund-raising regulations for listed entities to give them easier and faster access to capital markets amid the ongoing coronavirus pandemic which has greatly reduced deal activity. To allow more companies avail
Read More
Finance Ministry- A cautious and compassionate effort that deserves praise
With close to 2,406 210 people infected and more than 165 816 deaths around the world, as well as a global economic slowdown, COVID-19 is creating a challenging test for humanity. Malaysia has seen over 5000 cases and 89 deaths
Read More
Brazil government, banks in talks about bailing out companies
BRASILIA/SAO PAULO: Brazil’s Economy Ministry is talking with banks about providing bailouts to sectors such as airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, bank executives confirmed on Wednesday in live presentations. Reuters reported
Read More
China’s home prices return to growth in March as pandemic impact starts to ease
BEIJING : New home prices in China returned to growth in March after stalling for the first time in five years in February, suggesting some pent-up demand as the impact from the coronavirus outbreak on the property market gradually fades.
Read More