Markets

TSI Metals HK Limited has proposed to acquire all 356.54 million issued and paid-up ordinary shares of mainboard-listed Dutech Holdings for S$0.40 per share in cash, with a view to delist the firm from the Singapore Exchange (SGX).

SEOUL: South Korean drugmaker Samsung Biologics plans to add a mRNA vaccine production line at its facility in Songdo, 30 kilometres southwest of Seoul, by the first half of 2022. Messenger RNA (mRNA) vaccines are known for their safety and fast scalability in manufacturing, the company said ...

CIMB Group Holdings Bhd on Monday reported a 384per cent bump in its first-quarter earnings, helped by a one-off gain related to an investment in its e-wallet business, plus higher income.

THE Singapore Exchange (SGX) has named Pol de Win as its new senior managing director and head of global sales and origination. His appointment takes effect on July 1.

Thailand's tourism-reliant economy could take until the first quarter of 2023 to return to a normal position due to a third wave of coronavirus infections and uncertainty over its vaccine rollout, the central bank governor said on Monday.

Taiwan's Foxconn on Monday announced a partnership with Thailand's state-run energy group PTT PCL to make electric cars in the Southeast Asian country, adding to a string of such deals by the iPhone assembler as it makes forays into the car market.

Singapore has “ample supply of food and essential items” but people should buy only what they need, said Minister for Trade and Industry Gan Kim Yong on Monday (May 31), on the back of supply concerns arising from Malaysia’s two-week lockdown.

TAIPEI: Taiwan's parliament approved on Monday (May 31) an extra NT$420 billion (US$15.20 billion) in stimulus spending to help the economy deal with the COVID-19 pandemic, as the island curbs business activity to counter a spike in domestic infections. Early and effective prevention steps ...

Thailand's parliament started debate on Monday on a budget bill that projects a bigger 700 billion baht (US$22.41 billion) deficit for the 2022 fiscal year starting Oct. 1, as the government attempts to revive an economy hit by coronavirus outbreaks.

Goldman Sachs Group will double its annual property investments in Japan to about 250 billion yen (US$2.3 billion) as the U.S. investment bank aims to tap solid demand for logistics hubs and data centres, a person familiar with the matter said.