Markets

Sasa did not manage to evolve with the times, build on its strengths, and seize opportunities, says Kristen Juliet Soh.

State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering US$2 trillion valuation long sought by Crown Prince Mohammed bin Salman. Aramco priced its IPO at 32 riyals (US$8.53) per share, the top of ......

GRAB is turning up the heat in the payments competition, launching GrabPay Card to tie in its ambition to drive an Asean wallet for borderless payments by the rising middle class.

LEGACY insurance and reinsurance player Catalina Holdings has reached an in-principle agreement to buy the entire stake in Singapore-headquartered Asia Capital Reinsurance Group (ACR), an ACR spokesman told The Business Times.

THE Reserve Bank of India (RBI) is ending the year as it began - with a shock.

NEW YORK: Wall Street stocks finished slightly higher on Thursday (Dec 5) following a choppy session that avoided the big swings from earlier in the week on trade-oriented headlines. US and Chinese negotiators are working to finalise a preliminary trade deal announced in October that would block ...

NEW YORK: Saudi Aramco on Thursday (Dec 5) priced its long-awaited IPO at the high end of the target range, raising US$25.6 billion and giving the energy giant a valuation of US$1.7 trillion in the world's biggest stock sale. Aramco priced its initial public offering at 32 riyals (US$8.53)...

DUBAI: Saudi oil giant Aramco has raised US$25.6 billion in the world's biggest initial public offering, sources told AFP. The oil-rich kingdom has put a value of US$1.7 trillion on Aramco as it prepares to sell 1.5 per cent of the company to fund its "Vision 2030" economic transformation plan...

WASHINGTON: An intelligent robot equipped with emotion-sensing voice detectors was headed to the International Space Station after launching from Florida on Thursday, becoming the latest artificial intelligence-powered astronaut workmate in orbit. The Crew Interactive Mobile Companion 2, or CIMON ...

Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company's "relationships at work policy," the world's largest asset manager said in an internal memo on Thursday.