Markets

:SoftBank Group Corp shares surged 14per cent after the investment conglomerate scored a US$11.2 billion gain in the value of its stake in DoorDash Inc following the U.S. food delivery app's blockbuster stock market debut.

Goldman Sachs Group's asset-management arm will pressure U.S. companies to appoint more women and members of under-represented groups to their boards, an executive said, but will stop short of setting specific numerical targets for racial and ethnic diversity as some activists urge.

BlackRock on Thursday said it would more than double the number of companies it engages with over climate-related issues to over 1,000 and laid out stronger goals on other fronts for portfolio firms ahead of the upcoming shareholder meeting season.

China on Thursday said it had imposed fresh import duties on Australian wine as it accused Canberra of giving firms subsidies, in the latest salvo in a bitter stand-off following last month's swingeing anti-dumping tariffs.

SYDNEY: Australia is seeking to boost demand for its cotton from countries such as Vietnam as tensions with China threaten to leave Canberra with large stockpiles, sources familiar with the plan said on Thursday (Dec 10). In October, Chinese cotton mills were ordered to stop buying Australian ...

S&P Dow Jones Indices said on Thursday it would remove a total of 21 Chinese companies from its equities and bond indices, including Hikvision and SMIC, following a Trump administration order prohibiting purchase of certain Chinese securities by U.S. investors.

SINGAPORE: About 6,700 openings are available in the healthcare sector, with close to 5,500 jobs and other training opportunities, said the Ministry of Manpower (MOM) in its weekly jobs situation report on Thursday (Dec 10). The jobs are suitable for fresh graduates and mid-career jobseekers with ...

SINGAPORE: Media company mm2 Asia, which owns eight cinemas under the Cathay brand, announced on Wednesday (Dec 9) it has entered into a Heads of Agreement for the possible merger of its cinema business with Golden Village cinemas in Singapore, which is owned by Orange Sky Golden Harvest ...

The operator of U.S. online platform Weedmaps, where users rate cannabis sellers, is nearing a deal to go public at a US$1.5 billion valuation through a merger with a blank-check acquisition firm, people familiar with the matter said on Wednesday.

KEPPEL Reit has obtained A$300 million (S$299.8 million) in green loans from UOB and BNP Paribas, its manager said on Wednesday evening in a bourse filing.