Category: News

Pandemic fears grip Wall Street, Dow dives 800 points

The Dow Jones Industrials fell more than 800 points and the S&P 500 as well as the Nasdaq hit three-week lows on Monday as a surge in coronavirus cases outside China fueled global growth worries and pushed investors to safer assets.

Italy's UniCredit says Mustier to stay on as CEO

Italy's biggest bank UniCredit said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC .

Singapore core inflation hits lowest in more than 4 years at 0.3%

SINGAPORE: Singapore's core inflation gauge in January hit its lowest level in four years, data on Monday (Feb 24) showed, due to lower services and retail prices that authorities said would persist as the coronavirus outbreak dimmed the country's economic outlook. Core inflation rose 0.3 per ...