Markets

The board of French food group Danone said on Monday that Emmanuel Faber would step down as chairman and CEO, adding that Gilles Schnepp, who joined as a director late last year, had been appointed non-executive chairman with immediate effect.

Roche will buy GenMark Diagnostics, a U.S.-based maker of molecular diagnostic tests in a US$1.8 billion deal, the Swiss pharmaceuticals manufacturer said on Monday.

SINGAPORE: Sales of new private homes fell by about 60.5 per cent in February following January's strong numbers, as developers held back on launches over the Chinese New Year period. Developers sold 645 units last month compared to 1,632 units in January, excluding executive condominiums ...

The Bank of Japan may phase out a numerical target for its risky asset buying at a policy review on Friday, highlighting the rising cost of prolonged easing and marking a turning point for Governor Haruhiko Kuroda's massive stimulus programme.

Bitcoin consolidated around US$60,000 on Monday, taking a breather from the weekend's record high as investors prepared for inflation worries and U.S. stimulus spending to propel it even higher.

A surge in bond yields, fears about rising inflation and a jump-forward in interest rate expectations will be top of mind for investors at this week's Federal Reserve policy meeting.

BEIJING: Chinese search giant Baidu Inc said on Monday that its artificial intelligence chip unit Kunlun recently completed a round of fundraising, which according to one source with direct knowledge of the matter values the business at about US$2 billion. The fundraising, which comes as the ...

UOB said its solar financing programme U-Solar has facilitated the generation of close to 160 gigawatt hours of solar power across Asean since its launch in October 2019.

THE General Insurance Association Singapore (GIA Singapore), Life Insurance Association, Singapore (LIA Singapore) and Integrated Health Information Systems (IHiS) are jointly seeking proposals to develop an end-to-end health insurance claims platform.

SINGAPORE'S push to speed up insurance claims took another step forward, with the pilot platform now calling for proposals.