US

Amid pandemic, unemployment and small business bankruptcy curves need flattening

THIS May Day, it is imperative that we thank our essential services and frontline workers, and especially the migrant workers who come to Singapore to build our beautiful city. These migrant...

Airbnb extends full-refund policy worldwide amid virus frenzy

AIRBNB has rolled out a full refund policy for reservations across the globe in light of the novel coronavirus pandemic.

The fried chicken king of Asia loses US$2b on American gamble

[MANILA] If 2019 was a bad year for Tony Tan Caktiong, the Philippine tycoon who built a fast-food empire that trounced McDonald's in his home market, 2020 is shaping out to be worse for his...

US jobs growth rises moderately; unemployment rate falls to 3.5%

[WASHINGTON] US job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5 per cent, which could assuage financial market concerns that the slowing...

US job growth surges; unemployment rate falls to 3.6 per cent

[WASHINGTON] US job growth surged in April and the unemployment rate dropped to a more than 49-year low of 3.6 per cent, pointing to solid economic growth.

Think there's been a productivity boom? Think again

LET'S travel back in time to 1995. Most Americans still remembered the calamitous inflation of the late 1970s (prices rose 13 per cent in 1979). Many federal benefits, including Social Security,...

Furniture maker shifts focus to grow retail and distribution arm Commune in China

KODA Limited, an original equipment (OEM) and original design manufacturer (ODM) specialising in household furniture, has undergone massive operational restructuring and changes in its business...