Markets

REUTERS: Alibaba Group Holding Ltd is in talks to invest US$3 billion into Southeast Asia's biggest ridehailing firm Grab Holdings Inc, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-09-14/alibaba-in-talks-to-invest-3-billion-in-grab-ride-hailing-giant?sref=SCAzRb9t on Monday ...

Alibaba Group Holding Ltd is in talks to invest US$3 billion into Southeast Asia's biggest ridehailing firm Grab Holdings Inc, Bloomberg News reported on Monday, citing people familiar with the matter.

HG Exchange (HGX) has begun trading shares of private companies on its live exchange, it said in a press statement on Monday.

HONG KONG-BASED XanPool has bagged US$4.3 million in Series Pre-A financing to spearhead its infrastructure expansion into the eastern hemisphere.

HONG KONG-BASED XanPool has bagged US$4.3 million in pre-Series A financing to spearhead its infrastructure expansion into the eastern hemisphere.

Shares of AstraZeneca rose 1per cent to 8,516 pence on Monday after the British drugmaker received the go-ahead from safety watchdogs over the weekend to resume clinical trials for its COVID-19 vaccine candidate in the United Kingdom.

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic.

A Thailand court on Monday approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the coronavirus tourism crash.

French Finance Minister Bruno Le Maire on Monday backed an intervention by the country's foreign minister Jean-Yves Le Drian in luxury goods giant LVMH's plans to back out of a takeover of U.S. jeweler Tiffany .

SINGAPORE: Companies under the Scale-up SG programme, which aims to groom high-growth local businesses into global leaders, will receive more support in terms of participation costs – up from 70 per cent to 80 per cent – for a year until September 2021. This was announced by Trade and...