Markets

Fitch Ratings said on Friday the impact on the airline industry in Asia from the grounding of Boeing 737 Max jets has been muted so far but may worsen in the second quarter of 2019.

MITSUI Sumitomo Insurance (MSI) has set up a global digital hub at its Asia regional office in Singapore on Feb 1, 2019.

Asian share markets consolidated weekly gains on Friday as Sino-U.S. talks dragged on with no concrete conclusions, while caution ahead of U.S. payrolls and a holiday in China and Hong Kong dampened volatility.

Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry sources and documents seen by Reuters, as U.S. sanctions and energy blackouts hit the OPEC nation's oil industry.

WASHINGTON: US President Donald Trump said on Thursday (Apr 4) a trade deal with China was getting very close and could be announced in about four weeks, but warned it would be difficult to let China keep trading with the United States if remaining issues were not resolved. Speaking to...

MASAYOSHI Son is a very clever man. SoftBank Group, his giant Japanese conglomerate, is in talks with investors to add as much as US$15 billion to its Vision Fund, according to Bloomberg News. The US$100 billion venture capital fund has already deployed more than US$70 billion in tech companies. ...

KEPPEL Reit has priced a S$200 million offering of five-year convertible bonds at the most favourable end of price talk for investors, suggesting tepid response to the deal.

UNITED Overseas Bank (UOB) chief executive Wee Ee Cheong was paid S$10.56 million in 2018, up 12 per cent from the S$9.4 million he got in 2017.

MERGERS and acquisitions (M&A) deal value in Asia-Pacific excluding Japan "nosedived" 24.5 per cent for the first three months of 2019 to 666 deals worth US$119.9 billion - its lowest since the first quarter of 2014, amid economic headwinds and the unresolved US-China trade war. Notable exceptions...

UNITED Overseas Bank (UOB) chief executive Wee Ee Cheong was paid S$10.56 million in 2018, up 12 per cent from the S$9.4 million he got in 2017.