Markets

China's securities regulator has approved financial tech firm Ant Group's Hong Kong leg of a planned dual-listing worth up to US$30 billion, IFR reported on Monday citing unnamed people familiar with the matter.

Asian markets started higher on Monday, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year, though the mood was still cautious as infections jump.

Altice USA Inc said on Sunday it had sweetened its unsolicited offer to acquire Canadian cable company Cogeco by adding a premium for shares held by the Audet family, who rejected the previous offer.

Ireland's Data Protection Commission (DPC) has launched two inquiries into Facebook Inc after concerns were raised about the social network giant's handling of children's personal data on Instagram.

MELBOURNE: Casino operator Crown Resorts said on Monday (Oct 19) that Australia's financial crime watchdog had launched a probe into its Melbourne business on suspicions of money-laundering and counter-terrorism financing. The Australian Transaction Reports and Analysis Centre's (AUSTRAC) concerns ...

WASHINGTON: American Airlines Group plans to return Boeing 737 Max jets to service for passenger flights by the end of this year depending on certification of the aircraft from the Federal Aviation Administration (FAA), it said on Sunday (Oct 18). The airline said it will operate a daily 737...

SINGAPORE: While events like the Olympics have been put on hold and football matches are being held without fans in attendance, there remains a demand for sporting events in the pandemic world, experts told CNA. To meet that demand, organisers will need to leverage tools such as virtual reality to ...

Climate change cannot be addressed by simply reducing economic activity, a total transformation of the existing system is necessary if we are to have any chance of keeping global average temperatures within pre-industrial levels, says an observer.

Although the price of gold has come down from an all-time high of more than US$2,000 in August, it has the potential to rise, says The Smart Investor CEO David Kuo.

SINGAPORE'S reputation as a trusted commodity trade financing hub has taken a hit of late, with the industry rocked by the recent spate of high-profile fraud scandals the likes of Hin Leong and Zenrock, said industry watchers.