Business

Singapore eases monetary policy as virus slams economy

SINGAPORE (AFP) -- Singapore's central bank eased monetary policy Monday as the city-state, seen as a bellwether for the health…

Oil prices at 17-year lows as virus ravages world

  SINGAPORE (AFP) -- Oil prices extended losses in Asian trade Monday and languished at 17-year lows, with the coronavirus…

EU to propose new post-virus economic stimulus package

  BRUSSELS, Belgium (AFP) -- The European Commission will propose a new stimulus package to help the bloc recover from…

IMF chief: “It’s clear we have entered recession”

WASHINGTON, United States (AFP) -- The coronavirus pandemic has driven the global economy into a downturn that will require massive…

US urges Saudis to ‘reassure’ oil and financial markets

WASHINGTON, United States (AFP) -- The United States said Wednesday it has urged Saudi Arabia to "reassure" oil and financial…

Singapore GDP shrinks most since financial crisis amid pandemic

SINGAPORE, Singapore (AFP) -- Singapore's economy, a bellwether for trade-reliant Asian countries, suffered its worst contraction since the global financial…

Asia equities rally as US agrees blockbuster stimulus package

HONG KONG  China (AFP) -- Asian equities soared again Wednesday after US lawmakers finally agreed on a mammoth stimulus package…

EBC to hold OPEN FOR BUSINESS Digital Public Forum on 4IR and how MSMEs can survive the Coronavirus Crisis

By Caesar Vallejos, OPEN FOR BUSINESS The world is at war. Not with guns and ammunition, but with soap and…

Saudi king to chair G20 video talks on coronavirus Thursday

RIYADH, Saudi Arabia (AFP) -- Saudi Arabia's King Salman will chair an emergency virtual summit of leaders from the Group…

Asia markets rally as Fed unveils ‘game changer’ support measures

HONG KONG, China (AFP) -- Asian markets and crude prices surged while the dollar sank Tuesday after the Federal Reserve…

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