Markets

FOR many executives, jetting off from city to city for business meetings has always been par for the course, at least before Covid-19 struck.

SINGAPORE: Thai Beverage said on Friday (Apr 16) it was postponing the plan to sell a 20 per cent stake in its regional beer business through a US$2 billion Singapore listing, citing a volatile and uncertain outlook aggravated by a worsening COVID-19 pandemic. The spin-off by the company ...

MUMBAI: The head of the world's largest vaccine maker directly tweeted US President Joe Biden on Friday (Apr 16) urging him to lift an export ban on raw materials desperately needed to make more COVID-19 shots. The unusual step by Serum Institute (SII) chief Adar Poonawalla underlined the crisis...

SINGAPORE: A four-storey building along Thomson Road has been acquired by the Government and will be demolished by the end of the year to facilitate the construction of the North-South Corridor (NSC).  The 57-year-old building, located at 68-74 Thomson Road opposite United Square shopping mall ...

SINGAPORE: Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a US$40 billion SPAC (special purpose acquisition company) merger, three sources familiar with the matter said ...

FINCH Capital-backed payments firm Nomu Pay has agreed to acquire Wirecard's Asia-Pacific entities in Hong Kong, Malaysia, the Philippines and Thailand for an undisclosed sum.

SKorean steelmaker to end partnership with Myanmar military

CHINA Construction Bank Corporation (CCB) announced on Friday it has issued a two billion yuan (S$408.9 million) "Transition Bond" with its Singapore branch as its issuer, that will be listed on both the Singapore Exchange (SGX) and Hong Kong Stock Exchange on April 22, 2021.

BEIJING: China's economy expanded at its fastest pace in record in the first quarter, data showed on Friday (Apr 16), in a sharp turnaround from its historic contraction caused by the coronavirus outbreak. The world's second-largest economy was the only major one to grow at all in 2020, supported ......

SINGAPORE: Singapore’s DBS Bank has committed to zero thermal coal exposure by 2039, as part of “continued efforts to tackle climate change and work towards a lower carbon future”, it said on Friday (Apr 16). To achieve this goal, the bank will cease the onboarding of new customers who...