Markets

SINGAPORE and Shanghai will strengthen collaboration in financial services and innovation, as the latter develops the China (Shanghai) Free Trade Zone and spearheads the integration of the Yangtze River Delta region.

British engineering company Rolls-Royce stuck to its guidance to turn cash flow positive during the second-half of next year, and said it was on track to deliver its cost-saving targets.

British engineering company Rolls-Royce stuck to its guidance to turn cash flow positive during the second-half of next year, and said it was on track to deliver its cost-saving targets.

SINGAPORE: Future Build-to-Order flats in prime locations may be further subsidised so that they remain affordable, but they may also face some restrictions on resale conditions, said National Development Minister Desmond Lee on Friday (11 Dec). In a Facebook post, Mr Lee said that a new housing ...

Lufthansa will have to lay off 1,000 pilots in the second quarter if it cannot seal a wage agreement with unions, Chief Executive Carsten Spohr told German magazine Wirtschaftswoche.

THE Monetary Authority of Singapore (MAS) is expanding the mandate of the steering committee that is overseeing the Swap Offer Rate (SOR) transition to Singapore Overnight Rate Average (Sora), it said in a press statement on Friday.

THE Singapore Exchange (SGX) has inked an agreement with the China Central Depository & Clearing Co (CCDC) to strengthen and promote the bond markets of both countries.

Zurich Insurance said its subsidiary Farmers Group and Farmers Exchanges had agreed to acquire MetLife's property and casualty business in the U.S. for US$3.94 billion.

FOOD and agri-business giant Olam International on Friday announced the issuance of seven billion yen (S$89.8 million) of five-year sustainability-linked notes.

Top executives of Carlsberg, SABMiller and India's United Breweries (UB) exchanged commercially sensitive information and colluded to fix beer prices in India over 11 years, according to a government antitrust investigation report seen by Reuters.