Markets

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.

SINGAPORE: From Dec 18, Grab customers will have to pay an additional S$0.30 fee for all rides except for GrabHitch and GrabResponse.  This follows the lifting last month of measures imposed on Grab by the Competition and Consumer Commission of Singapore (CCCS). The restrictions were put in place ......

Cuba's president to drop its dual currency system Jan. 1

UOB Venture Management (UOBVM), the private equity arm of UOB, in collaboration with Credit Suisse, has raised more than US$60 million at the first close of its second impact fund.

Hyundai Motor Group units and its chairman have agreed to buy an 80per cent stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion won to 900 billion won (US$736 million-US$828 million), one person familiar with the matter told Reuters on Friday.

Oil rose around 1per cent on Friday, extending a sharp rally overnight that saw Brent rise above US$50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year.

Airbnb shares more than doubled in a sizzling US market debut Thursday which vaulted the home-sharing platform into an elite group of richly valued companies.