SINGAPORE: Shares of CapitaLand jumped as much as 20 per cent on Tuesday (Mar 23), a day after the real estate behemoth announced a major restructuring plan to consolidate its fund management and lodging business into a new entity, and take its property development business private. Market ...
HONG KONG: Chinese search engine Baidu debuted on Hong Kong's stock exchange on Tuesday (Mar 23) after raising US$3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. Shares rose a modest 0.8 per cent to HK$254 from their listing price...
Treasury Secretary Janet Yellen will paint an optimistic picture for the U.S. economy as it emerges from the coronavirus pandemic, telling U.S. lawmakers on Tuesday that she sees both growth and possibly full employment next year - due to President Joe Biden's coronavirus stimulus package.
