$400-M ADB loan to fund PH capital market dev’t

The Asian Development Bank has approved a $400-million policy-based loan to support the  government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth, and poverty reduction.

Amid Covid-19 challenges for raising capital, gold M&As were a feature of Q1 2020

The total value of mining deals declined by $3.4bn to $22.8bn in Q1 2020, a second consecutive decline. A series...Read More...

55 Covid-related goods makers keen on investing in PH

Trade and Industry Sec. Ramon Lopez said 55 companies manufacturing products to fight the coronavirus disease 2019 outbreak have expressed interests to invest in the country.

Amitabh Bachchan: ‘Amar Akbar Anthony’ surpasses ‘Baahubali 2’ collections, when adjusted for inflation

The Bollywood star said that his 1977 film made ₹7.25 crores upon release, a figure that would cross the ‘Baahubali 2’ collections if adjusted

EUR/USD remans under pressure around the 1.0960 area

The single currency came under selling pressure on Wednesday and is now forcing EUR/USD to retreat to the 1.0960 region. EUR/USD sheds ground on USD-b

UK Care Homes 'Were Left Brutally Exposed' To COVID-19 By The State, Social Care Provider Says

Many care providers are still not seeing 'any financial support to help them survive', a care sector representative tells Sputnik. This is despite the fact that local...

IISc offers advanced certificate programme in digital healthcare online

Admissions to this course will start in July 2020. Application process has begun already to enrol the first cohort of 50 candidates. Interested can apply at - iisc.talentsprint.com.

Museveni asks Ugandans to borrow from UDB for import substitution

President Yoweri Museveni has told Ugandans to borrow from Uganda Development Bank (UDB) and invest in import substitution projects. The President said the government recapitalized UDB to the tune of one trillion Ugandan shillings, with more funding expected to come from the World Bank and International Monetary Fund. He emphasized that Ugandans should borrow from the Bank and invest in import substitution economic activities. President Museveni was speaking at the commissioning of Lida Packaging Products Ltd., which produces medical and non-medical face masks located in Mbalala in Mukono District. Lida Packaging Products Ltd. is one of five manufacturers of face masks that have been certified by Uganda National Bureau of Standards (UNBS) and National Drug Authority (NDA). It produces 52,000 face masks daily.

During corona, overseas students prefer to be in Israel

With colleges worldwide worried about falling admissions due to Covid-19, Israeli universities have seen a heartening uptick in international interest.

Macro Afternoon

See the latest Australian dollar analysis here:

Remdesivir improves time to recovery in Covid-19 patients: Study

The study began on February 21, 2020 and enrolled 1,063 participants in 10 countries, with patients providing informed consent to participate, the researchers said.

Zoom Video names Indian-origin Velchamy Sankarlingam as president of engineering and product

Sankarlingam comes to Zoom after more than nine years at VMware, where he was most recently Senior Vice President, Cloud Services Development and Operations. Reporting directly to Zoom CEO Eric S. Yuan, Sankarlingam will oversee the companys engineering, product, and dev ops teams.

Mike van der Hoorn's 2019/20 season admission as Swansea City star opens up on transfer interest and contract situation

The defender has discussed current injury situation as well as revealing the latest on his future

View: Can India benefit from the world’s frustration with China?

India lacks the sophisticated infrastructure which gives China an edge in manufacturing.

Mukesh Ambani's Jio listing can profit from US-China tech war

Will Wall Street be so hospitable as to give Ambani, say, a $100 billion valuation?

12 items that are free or cheaper during pandemic

The coronavirus chaos has brought in some discounts and freebies

S. Korea to keep aggressive spending to address coronavirus pandemic

SEJONG -- South Korea will maintain its aggressive fiscal spending as it is set to unveil the third extra budget early next month to minimize the economic pain from the coronavirus pandemic, Vice Finance Minister An Il-whan said Wednesday. The third extra budget is aimed at focusing on reviving economic growth and creating jobs, An told a meeting with fiscal experts earlier in the day. The budget is also designed...

Seoul city to hold global summit on post-coronavirus era

A five-day online global summit aimed at preparing for the post-coronavirus era will be held next week, during which Seoul Mayor Park Won-soon will suggest the creation of a global organization of municipal governments to better respond to infectious diseases. Hosted by the Seoul Metropolitan Government, the Cities Against Covid-19 Global Summit 2020 will bring together mayors of more than 40 cities around the glob...

Revealed: Arsenal hoping to reach agreement to sign versatile 21-year-old

Arsenal are interested in sealing the transfer of Kasimpasa starlet Atto Abbas, sources have told CaughtOffside. The 21-year-old is not exactly the biggest name on the market right now, but Arsenal are likely to have to pursue cheaper deals this summer due to the financial impact of the coronavirus pandemic. MORE: Arsenal confident of beating Tottenham to […]

Britvic defers dividend as Covid-19 impacts business

Revenue declines as pandemic restrictions impacts on-the-go sales

XRSpace launches 5G-connected VR headset

XRSpace, a VR headset specialist founded by former HTC CEO Peter Chou three years ago, has launched what it claims is the world's first 5G VR headset for the mass consumer market.

West African food trade under strain as COVID-19 shuts borders

* Traders see up to 30% losses due to COVID-19 restrictions* Goods spoil as border closures disrupt food transport* Trade frictions could contribute to food crisis - U.N.By Aaron RossDAKAR, May 27 (Reuters) - In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km (745 miles) from southern Mali to Senegal's seaside capital Dakar.

7 examples of high-end audio engineering to savour

Hi-fi with clever engineering solutions

Future Retail Ltd gets approval to raise up to Rs 650 crore via NCDs

Virgin Atlantic suitors narrow with clock ticking on rescue

Ailing airline in need of emergency funding.

Cork mother says man who saved her son from drifting to sea is a 'walking angel'

“I think it was a miracle. Kevin was meant to be there to save him. He was a great man to do what he did"

S&P/TSX composite down as materials sector falls, U.S. stocks mixed

Canada's main stock index recovered from early trading weakness Wednesday to move to its highest closing in nearly three months on the strength of the heavyweight financials sector.

Banks, automakers drive European stocks higher, EU recovery plan awaited

European shares edged higher on Wednesday as investors focused on a fresh EU stimulus plan , but renewed U.

Unlocking the value of values with AI

In an era of purpose-driven consumption, values like transparency, trust and humanness are key drivers that unlock value in AI.

Celcom prepares for 5G vendor selection

Malaysia-based Celcom Axiata is tipped to deploy a 5G network using two equipment suppliers and ...

11 vaccine giants: How they're fighting COVID-19

Is it desperation, profit motive or good science that's pushing vaccine out?

Pound Sterling advances against Euro and Dollar after EU Rows back on Fishing and Haldane Cools Negative Interest Rate Expectations

The British Pound advanced by over a percent against the U.S. Dollar and half a percent against the Euro as markets welcomed a bevvy of developments including rumours of progress on fishing in deadlocked EU-UK trade negotiations and a senior Bank of England policy maker quelled expectations for negative interest rates

‘Should be a bestseller’ – Shirt already picked out for Man City player, transfer talked up again

There’s barely an issue of SportBild which goes by without claims around the future of Leroy Sane. The Manchester City player has been of interest to Bayern Munich since last summer, and at one point it looked like a move was a matter of days away. In Germany it wasn’t thought that Sane would play

Stir-fried prawns with sugar-snap peas, basil, chilli and lime recipe

A quick and easy stir fry dish with prawns, sugar-snap peas, basil, chilli and lime, this makes a simple weeknight dinner to serve with rice.

Stocks in focus: RIL, Bharti Airtel, Sun Pharma, Titan, United Spirits among others to remain in news

Dabur India, Sun Pharmaceutical, Aditya Birla Fashion, JP Associates and Tata Investment Corporation are among 21 companies that slated to announce their March quarter earnings today.

DFI launch new accessibly priced, sustainable FlySafe Kit for passengers

UK - Sustainable retail specialists Duty Free Innovation have brought to market a FlySafe protection kit, aimed at airport retailers to give their shoppers an affordable, must-have solution for keeping safe and reducing contact when travelling. While some guidance on travel has started to filter through, what has become clear is that strict measures on social distancing, sanitisation and the wearing of face masks when travelling will become the new normal. To help support in giving travellers confidence in being in the

Coronavirus Vaccine: Latest updates from India and around the world

COVID-19 vaccine latest status:

Tipperary wind farm community to benefit from ESB support

COVID 19 EMERGENCY RESPONSE FUND

Sasol says fuel stations not up for sale

Central Energy Fund denounces reports of it wanting to buy Sasol’s stations.

Xiaomi to launch TWS earbuds in the Indian market under Redmi Phone Plus strategy

The Chinese tech giant, Xiaomi, is one of the most popular brands in India. The company and its subsidiary consider the Southeast Asian market as a very important region and have said that it will launch new products under Redmi‘s “Phone-Plus” strategy. According to Xiaomi India’s Chief Marketing Officer, Anuj Sharma, “We have finalized the …

US used car dealer charged with inflating price of N95 face masks

NEW YORK: A New Jersey used car dealer was criminally charged on Tuesday (May 26) with exploiting the coronavirus pandemic by trying to defraud ...

Building The Bubble: Demand For Trans-Tasman Travel Soaring

Research conducted in both New Zealand and Australia by leading market research agency Opinion Compare, shows the desire of both countries to travel to respective countries is surging. An online survey of nationally representative samples in both countries (n=522 in New Zealand, n=504 in Australia) showed high intention and desire for Trans-Tasman travel.

Gold Price Analysis: Pressed to critical support, break or bounce? – Confluence Detector

Gold has been dropping from the highs amid an upbeat market mood that turned unfavorable for the precious metal. Can it recover? XAU/USD is sitting at

Concept of Transferrable College Credits

Education News: Isha is a bright student in first year B.Sc. at the Dehradun University. Her father is in a bank and gets transferred to Mumbai. Isha wants to reloca

Save On ends pandemic pay

The union representing workers at Save-On-Foods is asking the chain to extend the pandemic premium for employees.

Public hearing to be continued

West Kelowna's first attempt at a public hearing in three months will go into overtime.

China’s president calls for long-term perspective to deal with economic challenges

China’s president calls for long-term perspective to deal with economic challenges

Virus Lockdown Put India Animal Spirits To Sleep, Signals Data

The Reserve Bank of India expects contraction in the current fiscal year India’s economy was pushed into a state of … Virus Lockdown Put India Animal Spirits To Sleep, Signals Data Read More »

Today's top business news: Fitch says Indian economy to contract 5% in FY21, stocks rally ahead of F&O expiry, oil refiners ramp up demand, and more

Updates from the world of economy, markets, and finance

The “Future Is Bright” for Qatar’s Fintech Firms that can Survive COVID-19 and Partner with Incumbents, According to Financial Services Professional

The "future is bright" for Qatar's Fintechs that can survive COVID-19 & partner w/ incumbents, according to financial services professional.

Riskier European companies draw €32bn from bank credit lines

Matalan, Travelodge and Heathrow airport are among the subinvestment grade companies to tap loan facilities

How is Mumbai, COVID-19 hotbed, handling the crisis?

Notably, Mumbai, the financial capital of the country, has become the hotbed of the coronavirus spread in the state where the number of cases is nearing the 33,000-mark while the death toll has crossed the 1,000-mark as well.

Train firm to use disinfectant which 'will kill coronavirus on surfaces for 30 days'

Staff are using electrostatic spray guns – which were used at the NHS Nightingale hospitals – to applying the disinfectant

Credit risk funds are still relevant, says Mahendra Jajoo, CIO – debt, Mirae Asset

Many investors are having second thoughts about their investments in debt mutual funds. Most advisors are asking investors to stay away from most debt mutual fund categories, expect for overnight and liquid funds.

Banks' lending rates further drop in April on aid package

Lending rates on fresh loans extended by banks in South Korea dropped sharply from a month earlier in April, central bank data showed Wednesday, apparently due to stimulus measures that supplied massive funds to businesses hit by the new coronavirus outbreak. The average interest rate on fresh bank loans came to 2.8 percent in the month, down 11 basis points from 2.91 percent the previous month, according to prelimi...

Banks move to avert fresh arrears crisis

The initiative is aimed at avoiding a cliff-edge effect at the end of September

Scientists devise a way to determine the viability of predicted 2D materials

An international team of researchers from Russia, Sweden and South Korea has proposed a new way to test the structural stability of predicted 2D materials. The testing revealed a number of materials erroneously proposed earlier. The scholars believe that the use of the new method will further help to avoid mistakes in the development of two-dimensional nanomaterials that are in high demand in the modern world. The results were published in the international journal Physical Chemistry Chemical Physics.

Enagás: COVID-Resistant Regulated Utility But Spanish Exposure Is Sub-Optimal

Enagás is a regulated Spanish utility for transmission of gas and gas storage. It has several interesting investments in affiliates, diversifying its income acr

Follow-up treatments after opioid overdose rare among insured patients

The majority of commercially insured patients who visited the emergency department (ED) for an opioid overdose didn't receive the timely follow-up care known to help prevent a future overdose or death. Of nearly 6,500 patients treated in EDs nationwide for an overdose or other opioid-related medical complications, only 16 percent accessed opioid use disorder (OUD) medications or another form of treatment within three months of the ED visit

PKU-led team found effective SARS-CoV-2 neutralizing antibodies

A joint research team led by Sunney Xie, Director of Beijing Advanced Innovation Center for Genomics (ICG) at Peking University (PKU) has identified multiple highly potent neutralizing antibodies against the novel coronavirus SARS-CoV-2, the causative virus of the respiratory disease COVID-19.

June's SLAS Technology highlights papers authored by SLAS2019 Ignite award winner

The June issue of SLAS Technology features two related research papers authored by Georges Muller, Ph.D., (SEED Biosciences, Switzerland) the SLAS2019 Ignite Award winner and a top ten 2020 SLAS Innovation Award finalist.

PVR, Inox Leisure stocks hit by uncertainty as coronavirus brings business to halt

With looming uncertainty over businesses, investors are watching the stock movement sitting on boundaries. Since March 24, when PM Modi announced lockdown,  Inox stock has lost 17.77% and PVR share price is down 39.20%

Solar & Wind Energy Sites Mapped Globally

I read story after story of emerging renewable energy plants, so it was surprising to find out that there had been little mapped information on where all of the wind and solar power infrastructure lived — until now. The big map picture was absent until lead researcher and PhD student Sebastian Dunnett in Biological Sciences at

PPE kits not covered under insurance, yet cost 50% of COVID-19 treatment

Jayan Mathews, Co-founder and Chief Product Officer at healthcare financing platform Vital, expects the stakeholders to reach an agreement soon

Survey: Hanover bars and taverns doing well

WESTERN BUREAU: MASHARIO BISSASOR, the Social Development Commission’s (SDC) parish manager for Hanover, says that based on the ongoing survey being undertaken in the parish, the bars and taverns have been meeting the standard outlined to combat...

Second Wasteland 3 developer diary focuses on the world, story and characters

inXile has released the second developer diary for Wasteland 3, focusing on the game's world, story and characters.

The corner of Minnesota that’s there by mistake

Northwest Angle is a wedge of the US marooned in a lake and reached via Canada – remote and raw, with pleasures hard-won

Seth Rollins teases possibility of recruiting someone "very close" to him to his stable

Seth Rollins had a very interesting answer when asked if he'd want to add more members to his faction.

Vietnamese businesses ‘swim against the stream’ to seek profit - VietNamNet

While many businesses have had to take big losses because of Covid-19, other businesses have reported profits with 2-digit growth rates.

Impact Wrestling News: Former NXT Superstar Officially Returns To Company

Deonna Purrazzo is back on Impact Wrestling, slightly more than a month after she was among the dozens of wrestlers released by WWE due to coronavirus-related financial concerns. The former NXT ...

Global operators push 5G Extended Reality

A group of fifteen global operators backed a push from Qualcomm to bring 5G-enabled VR ...

Coronavirus: Indian family in Sharjah runs out of money as breadwinner is stranded overseas

Housewife struggles with unpaid bills after hubby leaves credit cards in office locker

An Expert Explains: What can go wrong with styrene?

On May 7, a leak of styrene gas in Visakhapatnam left 11 dead and affected thousands. A leading scientist discusses the compound, health implications, and possible causes for the leak, based on what is known.

COVID-19 vaccine development: New guidelines for ethical approach to infecting trial volunteers

Allowing consenting volunteers to be deliberately infected with COVID-19 for the purposes of developing a vaccine could be done ethically and potentially speed up its development, a University of Warwick researcher has argued in new research.

Lacoste Appoints Robert Aldrich as North American CEO, Pedro Zannoni as Latin American CEO

Pedro Zannoni has been tapped as Latin America region ceo.

Informa Teams With NuOrder to Digitalize Trade Show Experience

The trade show operator and e-commerce platform will work to bring brands and retailers together.

‘I have a lot of confidence in the long-term growth of the Indian car market’: Skoda Auto’s Zac Hollis

Skoda Auto India’s ‘India 2.0 project’ remains on track, investments won’t change, said Skoda Auto India’s Brand Director

Efficacy of Financial Literacy Programmes

Financial institutions- markets-instruments- services are lifeblood of an economy. These perform significant role in developing society. Modern societies

500-bedded pediatric hospital at Bemina misses 3 deadlines in 6 years

After missing three consecutive deadlines in the past six years, the 500-bedded Pediatric hospital in Srinagar’s Bemina area is still awaiting its

Is import substitution affordable?

Even as the central government and financial regulators have dished out several relief and stimulus packages to keep the engine of economy running, the

The Escapist Is Airing A "Direct-Style" Indie Showcase On 11th June - Will Feature Over 70 Games

Exclusive reveals, developer diaries, and more

Scot traffic wardens swap issuing parking tickets for delivering vital coronavirus supplies

Rick and Nicola Stephens are delivering vital supplies such as food and medicine to at-risk households using their van.

IIT develop lighter, breathable PPE kit to fight COVID-19

The new PPE kit developed by IIT Delhi free of bacteria or virus penetration.Priced at ₹905 (including GST), the PPE overall would cost around ₹300 for one time given the option to reuse

Liquidation of companies still the most likely outcome under IBC

January-March quarter of fiscal 2019-20 was quite fruitful for banks in terms of stressed asset resolution and recovery under IBC, with lenders realising 64% of their dues

Hong Kong’s HKT Financial Services, the Fintech Arm of HKT Group, Introduces Digital Financing Platform

Hong Kong-based HKT Financial Services, the Fintech division of the HKT Group, has launched another Fintech project, HKT Flexi, a digital or online financing platform that allows users to make payments via the HKT Flexi App. HKT Financial Services offers mobile payments, merchant services, O2O solutions, insurance packages under the Tap & Go, HKT Merchant Services and HKT Care. HKT Financial Services is a key part of HKT Group’s digital ecosystem, which provides an integrated

Qatar turns the LNG screw

More excellent news for Australian energy prices. Qatar is flooding the global market, at the AFR:

Ingraham: 'No good reason' to keep lockdowns in place except to hamstring economy ahead of election

Laura Ingraham opened Tuesday's "Ingraham Angle" by slamming Democrats, particularly proponents of coronavirus lockdowns, as Americans begin to benefit from the slow reopening of the country's economy.

Nobel Prize winner: Coronavirus lockdowns cost lives instead of saving them

Coronavirus lockdowns may have cost more lives than they saved, according to a Nobel laureate who accurately predicted when China would peak in the crisis.

60% Women Feel Schools Lack Adequate Menstrual Hygiene Facilities: Survey

Schools in India must develop better awareness and infrastructure for periods, shows 5th Annual Everteen Menstrual Hygiene Survey

Cancelled Hopes

As orders are scrapped, supply chain is disrupted and global demand slumps, Indian exporters struggle to remain in business

Covid-proof Equity MF

The disruption across sectors demands a review of your equity mutual fund schemes

Debt Funds: No Safety Tag

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe

DBSA seeks loans to plug funding gap

Potential lenders include the African Development Bank, the New Development Bank and Agence Francaise de Developpement.

Food in a Tinderbox

The restaurant industry is close to irreparable damage. Can it be saved?

Financial planning ― How an entrepreneur can provide for her various objectives

Creating an optimum emergency reserve, goal-based investing, and adequate insurance cover are important

Rebooting Uganda’s economy post COVID-19

Private sector present various stimulus packages to government on how kick-start business activities back to normal growth curve Kampala, Uganda | ISAAC KHISA | Life is slowly returning to normalcy in Uganda’s towns save for those that lie on the borders with neighbouring countries. Shops and restaurants are back to business albeit observing social distance …

Stocks Have a Psychologically Important Day

Passing key landmarks on the S&P 500 may have caused traders to reconsider why they have pushed the market so far.

A Tech Billionaire May Find Use in a Cold War

Mukesh Ambani may have found the perfect time to pitch Jio to American investors, as U.S.-China tensions rise.

Morrison is chasing votes at the expense of exports

We are a proud middle power. But it does us no good to bash our Chinese customer for political advantage.

Realme’s first Smart TV is an affordable Android TV, priced from RM750

We’ve already seen mobile device makers branching out to Smart TVs before—a notable example that springs to mind is OnePlus‘ interesting Smart TV that comes with motorised components. Now, affordable smartphone specialists, Realme has announced its first Smart TV model.

Realme X3 Super Zoom official: 7 key features of this flagship smartphone

Currently, the Realme X3 Super Zoom is available only in the European market and there are no words on whether the device will be made available in other markets or not. It is unlikely that the Realme X3 Super Zoom will head to the Indian market.

5 tips to extend the battery life of your Android phone

We are sharing some tips to help you improve the battery life of your Android phone.

Council pulls funding for GC Show, won’t back December event

There was funding obviously allocated for this year and we had a funding agreement through to 2022, but of course this year with the uncertainty we are not going to be able to support the show for…

Birla Tyres, Alok Ind: 41 penny stocks zoom over 100% from March lows

Among the noticeable names, Alok Industries, Birla Tyres, Opto Circuits, Andhra Cements, and Morepen Laboratories are some of the 41 counters that have rallied over 100% in the past two months

Rahul Gandhi speaks to public healthcare experts on Covid-19 crisis

Congress chief spokesperson Randeep Surjewala said the conversation will be aired through the Congress social media channels

In a Tight Corner

States finally have headroom to borrow more from the market. But there's a cost to it

Money Matters

Managing your money can be tricky. Send your queries, and personal finance experts will help you resolve any issue

"Innovation Should Be Given a Boost Through Tax Incentives"

In the middle of the current pandemic, India has emerged as a credible supplier of essential medicines

Lab tester ALS eyes long-term COVID-19 test demand to drive growth

The $3 billion laboratory testing firm sees a "likely prolonged" impact from COVID-19 globally, and has stepped up work on surface testing products, which it sees in high demand as companies adjust to the new normal of the pandemic.

Owners of land acquired for link road to New Chandigarh hold protest against administration

Over 50 farmers and their family members on Tuesday held a protest against the land acquisition policy of UT administration.

Ireland could see 'repeated lockdowns and wide financial distress' during three-year recession

The virus may see our national debt soar by 60%

Shropshire health boss: 'Community health services are backbone of NHS'

Steve Gregory is the executive director of nursing and operations at Shropshire Community Health NHS Trust. Here he discusses how the organisation has responded to the pressures of Covid-19 and the importance of remaining vigilant:

Will It Ever Be Safe to Go Back to the Gym?

As some fitness centers reopen, public health experts cringe

BTP Appoints Paul Forrest as Inaugral Non-Exec Chairman

Blockchain Technology Partners (BTP) announced this Wednesday that it has appointed Paul Forrest as its inaugural non-executive chairman.

Tencent tests appetite for first dollar bond in more than a year

Wechat operator is offering a four-tranche deal.

HTC said to launch first 5G phone in July, Desire 20 Pro launch expected in June

HTC has been absent from the smartphone market launch-wise for more than two years now.

Torrent Pharma slips 6% on profit-booking; outlook remains a concern

Unlike peers, Torrent Pharma guided for a relatively moderate outlook across geographies, note analysts at Emkay Global Financial Services.

Xiaomi Smart Lock E achieves 1000% crowdfunding target in just 30 minutes

A few days ago, Xiaomi launched its new Smart Lock E for crowdfunding in China for a price of 899 yuan, which is roughly $126. While the company successfully completed the target, how it did is interesting. As per the report, the Xiaomi Smart Lock E managed to exceed the crowdfunding target by 1000 percent …

Bad actors exploit the sudden uptick in usage of Zoom, WebEx and Teams

External attacks on cloud accounts grow 630% from January to April, McAfee says

UAE markets open higher as trading resumes post-Eid

DFM investors cheer move to further resume economic activity in Dubai post-lockdown

Banks well-positioned to withstand COVID-19 hit as loan defaults expected to rise - Reserve Bank report

The latest Financial Stability Report uses 'stress tests' to assess bank resilience.

Banks approve 90% of applications to defer mortgage payments

Banks have approved about nine in 10 applications by property buyers to defer mortgage payments. They have also approved more than 90 per cent of applications submitted by small and medium-sized enterprises (SMEs) to defer payments on secured loans. These...

Disrupted home renovations will get priority to resume: Lawrence Wong

Home owners whose renovation works were disrupted will be given priority to restart in phase one of the post-circuit breaker period, said Minister for National Development Lawrence Wong yesterday. The Government will consider allowing new home renovation projects to proceed...

$100 utilities credit for households with at least one Singaporean

All households with at least one Singaporean member will receive a one-off $100 sum to cover their utility bills. This sum, known as the Solidarity Utilities Credit, will be credited in their utilities bill in July or August and covers all property...

Fortitude Budget: More support for charities as help requests surge

He lost his entire income because of the pandemic, and found himself struggling to feed his family. The man in his 50s became desperate as his meagre savings dried up. He turned to Food from the Heart, a charity providing food. Its chief executive, Ms Sim Bee Hia,...

Jurong sees two more spots listed as places visited by people infected

The Health Ministry has named the wet market at Block 963 Jurong West Street 91 and FairPrice Xtra in Jurong Point as public places visited by people with Covid-19 for more than 30 minutes when they were infectious. It added these two spots to Jurong Point's FairPrice...

Over $500m to help digital transformation of companies

More than 32,000 people have been infected in Singapore, leaving 23 dead. The Covid-19 pandemic has wreaked havoc here and across the globe, and upended all economies. One irony, though, is that the pandemic has accelerated the drive for digital transformation among...

Thousands throng screening centre, UT arranges additional Shramik special train

Earlier only one train, with 1,600 passengers, was scheduled to depart from the city at 2 pm.

WARHORSE AIR FREIGHT INITIATIVE TAKES OFF

The nationwide project driven by a company independent of the freight forwarding industry to enable non-conflictive inclusivity and ethical trade has attracted support from businesses such as Bidvest International Logistics, CFR, BidAir and Savino Del Bene, and organisations including the South African Association of Freight Forwarders (SAAFF), B4SA and BUSA. It is facilitated through an all-inclusive shared-space air charter solution underpinned by a compliant and transparent administration process according to the CEO of tvg&associates (TVG) Teresita van Gaalen who says the next flight is scheduled for Friday 05 June “We have undertaken the project to help secure a number of all-important socio-economic factors in South Africa during the national State of Disaster. Collaboration between all parties is essential in the current circumstances and the intention is to ensure a stable and inclusive supply chain facilitated by a channel that offers the highest levels of impartiality, good governance and a seamless…

PM’s Corona Relief Fund crosses Rs4bn mark

Opposition wants parliamentary oversight of fund utililastion; Shahbaz calls for convening CCI meeting.

Cockpit voice recorder of crashed PIA plane yet to be found

Father of slain pilot says he trusts no probe body, only Imran Khan.

Brent price forecast revised up to $40/ barrel by end-2020 – Morgan Stanley

In its latest client report, Morgan Stanley raised its year-end Brent oil-price forecast, in anticipation of faster rebalancing in the oil market. Key

US Conference Board Consumer Confidence: Dollar risk premium subsides as market panic fades

Confidence edged higher in May after six-year low in second sign of consumer stability while New Home Sales ticked higher April, belying predictions f

Henderson raves about LFC fitness ahead of PL return: ‘fitter than before we went into lockdown’

Jurgen Klopp is going to have a fully fit squad to choose from going into the final nine games of the season – providing nobody gets injured when contact training is allowed… The likes …

Financial complaints watchdog inundated with calls linked to pandemic

Banking and finance companies were responsible for almost half of the 3000-plus complaints to the Australian Financial Complaints Authority, while almost 700 related to customers in financial difficulty.

Some South Coast towns are still on temporary networks, but funding has been allocated for upgrades and resilience

RFS control centres on the South Coast will be among the 2000 locations to receive satellite connection to Sky Muster under federal funding

ASNE marks 10 years anniversary of capacity building

A capacity-building firm, Annual School Needs Expo, ASNE, marked 10 years anniversary, Monday, of adding value to the lives of thousands of people with capacity building.

Seafood industry braces up for post-COVID blue economies

THE Norwegian Seafood Council, NSC, has concluded plans to use the Nigeria’s seafood industry to reboot the economy and get its workforce up

Yuan slumps on Sino-US tensions

Friction between the world's two largest economies led to the yuan falling to its lowest level in nine months on Wednesday.

ASX edges lower, even as investors pump $18b into banks

The Australian sharemarket was unable to extend its 11-week high on Wednesday, despite a strong bid for the major banks by institutional investors.

Pandemic kills off GSFM volatility fund

The Triple3 Volatility Advantage Fund established in 2014 by respected fund manager and former Goldman Sachs options trader Simon Ho has been wound up.

100 random questions to ask people to get to know them better

Here are 100 amazing ⭐RANDOM QUESTIONS TO ASK⭐people you are meeting for the first time or even friends & acquaintances in order to get to know them better.

華納音樂宣布首次公開募股，市場估值達 133 億美元

旗下擁有紅髮艾德（Ed Sheeran）、Cardi B 和搖滾天團齊柏林飛船（Led Zeppelin）的華納音樂集團（Warner Music Group）26 日宣布，將首次公開募股（IPO），在串流媒體（Streaming）如日中天熱潮的推波助瀾下，市值預估將高達 133 億美元。 201...

China Crackdown on Hong Kong Threatens Global Order, EU Says

China’s efforts to tighten its grip on Hong Kong pose a threat to the rules-based international order, the European Union’s top diplomat said, calling on member states to respond with a “robust” message.

Outdoor spaces and improved transport options - how a new east Manchester arena could lead on sustainability as well as boosting the economy

OVG aim to make the proposed new east Manchester arena the most sustainable in the UK

Banks plan for arrears; retailers push to open; and watchdog counts Covid cost

Business Today: the best news, analysis and comment from The Irish Times business desk

The Kerryman working for a charity in Melbourne: 'It's a challenging time'

Q&A: Gavan Duffy works for Movember, a group raising awareness for men's health globally

Market Drayton 10k could return as 'virtual race'

The organisers of one of Shropshire's top running races is planning for the event's return once the coronavirus lockdown is lifted, and a 'virtual race' is one option.

Crafty Market Drayton veteran Clive raises more than £1,200 for NHS by making rainbow gifts

A blind veteran who has been making rainbow gifts at home to support the NHS has now raised more than £1,200.

Foreign direct investment dropped to $214.25m in Q1 – NBS

Nike Popoola Foreign Direct Investment into the country dropped to $214.25m in the first quarter of 2020 from $257.25m in the fourth quarter of 2019. The National Bureau of Statistics disclosed t...

How NSW released COVID data by postcode

NSW is using an innovative data privacy check to allow the quick release of daily local COVID-19 data without it being re-identified afterwards.

CoCo Bond Investors Face a Covid-19 Reckoning

The coronavirus pandemic is even starting to affect the highly specialized world of bank capital

Edgy Surry Hills offices hit the market

Developer Cornerstone is looking to sell the assets – at 10-14 Waterloo Street and No. 1 Lacey at 119 Kippax Street – in one line or separately, as it looks for new redevelopment and adaptive re-use projects.

Ex-Citi banker's alleged ties at issue in insider trading appeal

When prosecutors knew about possible links between a former Citigroup banker and a wealthy businessman will be one of the issues reviewed.

Regional pubs snapped up as industry prepares to reopen

The Post Office Hotel in Moree, the Royal Hotel in Condobolin, the Neath Hotel in the Hunter Valley and the Yenda Hotel in Griffith changed hands for a total of $22m.

Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions

Here is what you need to know on Wednesday, May 27: The market mood remains upbeat yet the dollar is attempting to recover after a significant drop on

Traffic free zone for Clifton Village sparks concern from businesses

Business leaders fear temporary plans to pedestrians parts of Clifton Village could become permanent - and damage trade

Daily Rupee call: Rupee might strengthen

The rupee (INR) opened today’s session largely unchangedat 75.67 versus Monday’s close of 75.66. As the domestic currency has been consolidating between 75.6 and 76, and is now trading near the resist

If plans fructify, NHPC will become world’s largest floating solar company

So big are its ambitions that if plans fructify, NHPC Ltd will become the world’s biggest floating solar power company and will hold the record for a very long time. The public sector power major prop

EXCLUSIVE: AfDB 'whistleblower' allegations against me false -- Adesina

The president of the African Development Bank Group (AfDB), Akinwumi Adesina, told the bank's ethics committee that allegations of impropriety...

These International Stocks Are Extremely Undervalued - Part 2

This is the second part of the undervalued stock list - but the international version. We highlight some of the companies we view as the most undervalued in ter

Favourable Mix And Input Deflation Bolster Michelin Until An Aftermarket Recovery

Automotive is a rough industry in the COVID-19 environment due to its cyclical nature and ability for customers to defer auto purchases. However, tire sales mig

Don't Gamble In The Markets, Look At These 2 Blue Chip Healthcare Names Instead

Bristol-Myers Squibb and AbbVie offer rare clarity in today's market. Both names have reaffirmed 2020 guidance and are calling for strong growth. Both names are

More Than 450,000 Aussies Under 30 Have Hacked Into Their Super & JobKeeper Is Being Blamed

Kirstin Hunter, managing director of fund Future Super, says support measures don't go far enough.

South William Street mixed-use investment seeks €2.6m

Sale of Dublin 2 restaurant and residential premises will test strength of market

Marlet secures €33m from AIB for south Dublin build-to-rent scheme

State-backed lender supports delivery of 142 units in Dundrum in midst of Covid-19 crisis

Donal Lenihan: Around the world, rugby was never in greater need of progressive people

With no rugby action for the foreseeable future, I’m about to park my pen for the summer. With the professional game facing its biggest financial crisis since the decision to go open in August 1995, one wonders what the landscape will look like when I return to these pages in September.

Listed firms' dividends dip 1.9% in 2019

South Korean listed companies' dividend payouts slipped nearly 2 percent in 2019 from a year earlier amid a business slump, data showed Wednesday. Cash dividends paid out by 1,094 firms listed on the country's main and secondary stock markets totaled 22.6 trillion won ($18.3 billion) last year, down 1.9 percent from a year earlier, according to the data from the Korea Securities Depository. The number of dividend-p...

Mirae Asset fined for illegal internal trading, but avoids prosecutorial probe

South Korean financial giant Mirae Asset Group is likely to resume its drive to launch a mega-sized investment bank as authorities on Wednesday decided not to request a prosecutorial probe for conducting illegal intra-unit trading and instead chose to slap a light penalty. The nation’s antitrust watchdog Fair Trade Commission said it has imposed a fine of 4.39 billion won ($3.6 million) on financial conglomera...

Alaya F, Nushrat Bharucha & Radhika Madan Reveal How They’re Keeping Themselves Fit Amid Lockdown!

Bollywood actresses Alaya F, Nushrat Bharucha and Radhika Madan revealed their fitness secret amid lockdown. It’s known to all that even though the ban has been lifted from the grocery, electronics and medical shops, gyms will strictly remain shut in all parts of the country.

Munster braced for worst of financial crisis due to Thomond Park debt

Province can’t pay off oustanding €6.9m loan from IRFU with no supporters at the match

Reforms in a Covid era: World trade will rise again. Here’s how India can ready itself to take advantage

Covid-19 lull offers India an excellent window of opportunity to implement reforms that would help it maximise the benefit of reopening of export markets post-Covid-19. Indias factor markets – capital, labour and land – still remain major constraints on economic activity

Covid-19: Reopening may be gradual, segmented

Experts say measures need to be put in place to ensure no Covid-19 spike after opening economy.

Teen creates plane replicas in bid to raise funds for Rotary club

A passion for planes has seen a young apprentice designer do his bit to help a charity.

Radio appeal helps raise funds for Compton Care

A radio fundraising broadcast to help a city care service has shown the generous spirit of the public.

£10,000 grant to help to draw up regeneration vision for Staffordshire town

A council has successfully bid for £10,000 to research how to regenerate a Staffordshire town.

Ola Electric acquires Netherland-based scooter-maker Etergo

While the company did not share the financial details of the deal, according to industry estimates, Etergo was valued at about $80-85 million last year

Lobbyist register to be tightened after Monsanto case

The EU's joint-transparency register lists thousands of lobbyists and what they spend or earn trying to shape EU legislation. New and clearer rules set for launch at the end of the year may lead to more realistic figures.

Students use IT skills to help the NHS during pandemic

University students have been drafted in to help the NHS during the coronavirus pandemic.

Student, 19, developed anorexia after 'toxic' ex told her he was into thigh gap

Geneva Ottavianvo, from Philadelphia, Pennsylvania, developed an unhealthy obsession with being skinny as she tried to please her 'toxic' ex-boyfriend.