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Markets

Exclusive: Mexico’s oil hedge to be pricier, but government likely doing it anyway

Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.

Markets

500 Startups invests in Malaysia fintech Curlec

VENTURE capital firm 500 Startups has invested in Malaysia-based fintech firm Curlec, which will use the new capital to grow its Malaysian operations further.

Markets

China’s factory output perks up but consumers stay cautious

China's factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the weaker-than-expected gain suggested the recovery remained fragile.

Markets

OCBC Group to hire more than 3,000 new employees in 2020, including 2,100 full-time staff members

SINGAPORE: OCBC Group on Monday (Jun 15) announced that it would hire more than 3,000 people in Singapore this year across various entities, including about 2,100 in full-time roles. This will provide opportunities for fresh graduates and other jobseekers "amid the economic and employment ...

Markets

Taiwan pedals faster to meet global pandemic demand for bikes

Deserted streets, cabin fever and worries over COVID-enabling commutes in Europe and America have sent demand for bikes into high gear - with factories in Taiwan racing to push out new units and scrambling to find parts.

Markets

China’s Hopu teams up to take Singapore’s Perennial Real Estate private

SINGAPORE: Chinese buyout firm Hopu is partnering with key shareholders of Perennial Real Estate Holdings, including Wilmar International and its CEO, to take Perennial private in a deal that values it at S$1.58 billion. The consortium, which includes firms owned by entrepreneur Ron Sim and ...

Markets

OCBC group to hire more than 3,000 people this year

OCBC said on Monday that it plans to hire over 3,000 people in Singapore this year, amid the economic and employment uncertainty due to the Covid-19 pandemic.

Markets

OCBC to hire more than 3,000 people this year

OCBC said on Monday that it plans to hire over 3,000 people in Singapore this year, amid the economic and employment uncertainty due to the Covid-19 pandemic.

Markets

AMTD to take majority stake in private capital platform CapBridge

AMTD Digital, the integrated digital platform arm of AMTD Group, announced on Monday that it will take a majority stake in private capital platform CapBridge Financial for an undisclosed sum.

Markets

Volkswagen in Mexico will begin sending workers back to plant on Tuesday

Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on Sunday.

Markets

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