Markets

Australia's Orocobre and Galaxy Resources announced a A$4 billion (US$3.1 billion) tie-up on Monday (Apr 19) to create the world's fifth-largest lithium miner, as demand soars for the key raw material in electric vehicle batteries. Orocobre will aquire peer Galaxy under a scheme of arrangement for ...

TOKYO: Japan's exports posted their strongest growth in more than three years in March, led by a surge in China-bound shipments, in a sign the economic recovery from last year's deep coronavirus slump remains intact. However, the trade data is unlikely to completely ease worries about the fragile ......

SYDNEY: Australia's Crown Resorts said on Monday i(Apr 19) t will assess a A$3 billion (US$2.32 billion) offer by US private equity firm Oaktree Capital to buy James Packer's 37 per cent stake in the casino operator. Packer's influence on the company he founded came under intense scrutiny in a ......

Bitcoin, the world's biggest cryptocurrency, fell as much as 14 per cent to US$51,541 on Sunday (Apr 18), reversing most of the big gains it made over the past week. Bitcoin was last trading down 10 per cent at US$53,991 as of 1320 GMT, a whopping US$12,000 below record highs set...

Fears of currency debasement are driving investors into cryptocurrency. But is the volatile Bitcoin the future of money, and is it a reliable store of value? Money Mind reports.

Tech-savvy millennials have become the largest and most educated population in the world. As consumers, they are reshaping the way businesses create products and services. Money Mind reports.

FRASERS Property Limited's subsidiaries in Australia have jointly obtained a A$300 million (S$309.1 million) five-year syndicated sustainability-linked loan from a syndicate of banks comprising Barclays, Mizuho and UOB.

CHENNAI: India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity policy document seen by Reuters, despite growing calls from environmentalists to deter use of coal. Coal's contribution to electricity generation in India fell for the second ...

LONDON: A group of investors managing US$11 trillion in assets has called on banks to set tougher emissions targets ahead of a meeting of world leaders aimed at accelerating efforts to fight climate change. The group, which includes Pimco, the world's biggest bond investor, and Britain's biggest ...

Some countries have already implemented laws to mitigate new risks associated with a hybrid work model and companies here may follow suit, says lawyer Amarjit Kaur.