Markets

SINGAPORE: Singapore-headquartered Grab announced earlier this month that it would go public in the United States by merging with a special purpose acquisition company (SPAC). With a near US$40 billion (about S$53 billion) valuation, this marks the biggest of such deals. For many, this listing ...

OCBC has appointed Ivy Au-Yeung as chief executive officer (CEO) of OCBC Wing Hang Bank to succeed the current head of the bank's Hong Kong unit who is retiring.

Apple is following through on its pledge to crackdown on Facebook and other snoopy apps that secretly shadow people on their iPhones in order to target more advertising at users.

Italy's 'epochal' recovery plan targets women, youth, south

As deal talks begin, Canadian National railroad says it is receiving broad support for its US$33.7 billion bid to buy Kansas City Southern.

BEIJING: Regulators have launched an anti-trust probe into Meituan, one of China's biggest food delivery firms, they said Monday (Apr 26), as Beijing clips the wings of its soaring tech companies. The probe was prompted by reports that Meituan allegedly engaged in forced exclusivity agreements ...

SAN FRANCISCO: Apple announced Monday (Apr 26) it plans to boost its investment plans in the United States to US$430 billion over the next five years, saying this would add about 20,000 jobs. The updated plan includes more than US$1 billion for a new campus and engineering hub in...

SINGAPORE: Construction on the Pasir Ris interchange MRT station along the Cross Island Line is expected to start in the fourth quarter of 2021, said the Land Transport Authority (LTA) on Monday (Apr 26).  Passenger service is projected to start in 2030, it added. A contract worth S$980 ...

LONDON: British asset manager Standard Life Aberdeen said on Monday (Apr 26) it plans to change its name to "Abrdn PLC" as part of a plan to shore up and modernise its brand identity. The new name - which will be pronounced "Aberdeen" - comes after the company sold...

SINGAPORE is looking to connect with more payment systems to speed up cross-border payments.