Markets

SHARES of DBS reached an intraday low of S$28.27, a 2.6 per cent or S$0.75 drop from its previous close. This puts the lender in a one-week low after it proposed to acquire a 13 per cent stake in Shenzhen Rural Commercial Bank (SZRCB) on Tuesday.

FUNDS managed by Blackstone Real Estate have agreed to acquire The Sandcrawler, an iconic Grade A commercial building in Singapore, for S$176 million from Lucas Real Estate.

SINGAPORE Reinsurance on Tuesday said offeror Fairfax Asia does not intend to increase its 35.35 Singapore cents offer price "under any circumstances whatsoever".

The demand for deep tech is only going to grow and the only way for Singapore to produce local talent is to change the way we teach digital skills, says the Dean of SMU’s Computing school.

SINGAPORE: After the announcement that buffet lines may resume - with the food to be served by staff members - some hotels are looking to boost manpower to meet COVID-19 guidelines as well as an expected increase in bookings.  From Apr 12, buffets lines are allowed at food and beverage outlets ......

But over the next few years, loose monetary and fiscal policies could trigger persistent inflationary pressure, says Nouriel Roubini.

Several developments point to a huge shift in the regulation of China’s digital space, says a media professor.

ALL eyes are now on whether Singapore banks will snap up Citi's assets in markets that the local trio already play in, as the Wall Street giant sheds several of its consumer banking businesses across Asia.

SOUTH-EAST Asia's largest lender DBS will acquire a 13 per cent stake in Shenzhen Rural Commercial Bank (SZRCB) for RMB5.29 billion (S$1.08 billion), in a move that will make it the largest shareholder of the Chinese bank.

Wine drinking worldwide fell last year to its lowest level since 2002 as bars and restaurants shut their doors and tourism travel dried up amid the coronavirus pandemic, a trade body reported Tuesday.