Markets

JPMorgan has initiated coverage of Saudi Aramco's shares with an "overweight" rating and a price target of 37 riyals (US$9.86) per share, saying it sees scope for the company to increase its proposed US$75 billion base dividend.

Amazon.com Inc will invest US$1 billion in digitising small- and medium-businesses in India and expects to export US$10 billion worth of India-made goods by 2025, its founder Jeff Bezos said on Wednesday.

SINGAPORE: Sales of new private homes plunged 53.8 per cent month-on-month last December, on the back of few new launches and the year-end holidays. Developers sold 538 homes - excluding executive condominiums - in December, according to data complied by the Urban Redevelopment Authority (URA) ...

The U.S.-China trade war is set to enter a new, quieter phase on Wednesday as U.S. President Donald Trump and Chinese Vice Premier sign an initial trade deal that aims to vastly increase Chinese purchases of U.S. manufactured products, agricultural goods, energy and services.

China's President Xi Jinping arrives in Myanmar this week to nail down multi-billion-dollar infrastructure deals in a country abandoned by many in the West appalled at the "genocide" of Rohingya Muslims on leader Aung San Suu Kyi's watch.

Seven months of unrest have taken a heavy toll on many Hong Kong businesses, but pro-democracy protesters are now seeking to reward shops and restaurants that support their cause by building a "yellow" economy.

SINGAPORE-BASED capital firm Impact Investment Exchange (IIX) on Wednesday closed its second Women’s Livelihood Bond (WLB).

SINGAPORE: Singapore launched a new corporate structure for investment funds with 20 so-called Variable Capital Companies (VCC) on Wednesday (Jan 15), a scheme designed to attract more funds to base themselves in the country. The new framework will give fund managers greater flexibility in share ...

South Korea's Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque's expansion in overseas markets.

THE Monetary Authority of Singapore (MAS) on Wednesday launched a new variable capital companies (VCC) grant scheme to help fund managers defray costs when incorporating or registering a VCC.