Business

[ad_1] ANZ suspends dividend as earnings fall Jamie Smyth in Sydney ANZ Bank suspended its dividend and reported a 51 percent drop in provisional earnings to A $ 1.55 billion ($ 1 billion) on Thursday, as the coronavirus crisis led to an increase in credit impairment charges . The bank …

[ad_1] SINGAPORE: DBS Group Holdings put aside sizable provisions to cover the impact of the coronavirus pandemic, as it reported a 29 percent drop in first quarter earnings, but retained its quarterly dividend. South East Asia’s largest lender teamed up with HSBC and Standard Chartered in supplying higher credit losses …

[ad_1] SINGAPORE: Imagine traveling to your vacation destination on a plane that is only half full of passengers, attended by masked cabin crew. That could be the “new normal” for airlines likely to continue safe distancing measures even after the COVID-19 outbreak subsides, aviation analysts said. Ad Ad Economy airline …

[ad_1] SINGAPORE – An anti-dandruff shampoo was found to contain preservatives with a concentration more than three times higher than the legal limit, causing authorities to withdraw it. The Singapore Consumers Association (Case) said on Wednesday (April 29) that it alerted the Health Sciences Authority (HSA) about the EverFresh Anti-Dandruff …

[ad_1] SINGAPORE: Electronic Road Pricing (ERP) charges will remain suspended on all portals during the extended “circuit breaker” period, the Land Transportation Authority (LTA) said in a press release on Wednesday (April 29). The authority had previously suspended ERP charges effective April 6 in light of the heightened safe distancing …

[ad_1] ComfortDelGro launched a new food delivery service with a fleet of 10,000 taxis. The times of the strait If food deliveries are now the new norm in your home, you can get your next bento from a taxi driver instead of the usual food delivery service. Singapore’s transport operator …

[ad_1] NEW YORK (Reuters) – A gauge of global stocks rose on Wednesday after encouraging news for a pilot COVID-19 treatment and some reports of positive gains as oil prices rose. The New York Stock Exchange (NYSE) is seen in the Lower Manhattan financial district during the outbreak of coronavirus …

[ad_1] (Corrects the erroneous reference to the Japanese markets in paragraph 5, which are closed for a public holiday.) By Chibuike Oguh April 29 (Reuters) – Asian stocks made cautious gains in trading early on Wednesday after mixed US corporate earnings. While oil prices appeared to be poised for further …