Wave of COVID-19 bankruptcies poses next threat to U.S. economy

Business / Economy May 14, 2020

Wave of COVID-19 bankruptcies poses next threat to U.S. economy

Larger companies have generally survived the initial blow from the coronavirus crisis, but still face existential challenges to get through what will probably be a long and grinding recovery. Since COVID-19 shuttered much of the global economy, airlines, major retail chains, oil companies and other ...

Singapore expats ask for rent cuts as employers tighten belts

Business May 8, 2020

Singapore expats ask for rent cuts as employers tighten belts

Singapore expats are often envied for their generous pay packets but facing the prospect of salary cuts as the coronavirus batters businesses, some are tightening their belts and asking for lower rent. Clarence Foo, a real estate agent at APAC Realty Ltd. unit ERA, has ...