Singapore

Singapore police raid Wirecard office following FT reports

Singapore police raid Wirecard office following FT reports

Published 08/02/2019

FRANKFURT/SINGAPORE (Reuters) - Singapore police raided the premises of German payments company Wirecard in the city state on Friday following a series of investigative reports [more…]

Asia shares pare gains as focus turns to crucial Sino-U.S. trade talks

Asia shares pare gains as focus turns to crucial Sino-U.S. trade talks

Published 28/01/2019

TOKYO (Reuters) - Asian shares ticked up on Monday though they retreated from earlier highs as relief on news of a deal to reopen the [more…]

China trade shock hits global stocks, commodities

China trade shock hits global stocks, commodities

Published 14/01/2019

LONDON (Reuters) - Global stock markets and commodities took a hit on Monday after a shock contraction in Chinese trade pointed to deepening cracks in [more…]

World stocks near four-week high on U.S.-China trade optimism, oil…

World stocks near four-week high on U.S.-China trade optimism, oil…

Published 09/01/2019

LONDON (Reuters) - World stocks extend their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United [more…]

Grab ordered to pay compensation to Vietnamese taxi firm

Grab ordered to pay compensation to Vietnamese taxi firm

Published 28/12/2018

HANOI (Reuters) - A Vietnamese court on Friday ordered ride-hailing firm Grab to pay 4.8 billion dong ($206,985) in compensation to a local taxi operator, [more…]

Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT

Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT

Published 22/12/2018

KUALA LUMPUR (Reuters) - Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc (GS.N) over its dealings with scandal-linked state fund 1MDB, [more…]

SoftBank’s Vision Fund nearing $1.5 billion investment in SE Asia’s…

SoftBank’s Vision Fund nearing $1.5 billion investment in SE Asia’s…

Published 21/12/2018

SINGAPORE (Reuters) - SoftBank Group Corp (9984.T) is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as [more…]

Grab invests $100 million in Indian hotel startup OYO: source

Grab invests $100 million in Indian hotel startup OYO: source

Published 03/12/2018

(Reuters) - Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter told Reuters on [more…]

Ping An-backed Lufax raises $1.3 billion at lower valuation: sources

Ping An-backed Lufax raises $1.3 billion at lower valuation: sources

Published 03/12/2018

HONG KONG (Reuters) - Ping An-backed Lufax has raised $1.33 billion in its latest funding round from a dozen investors, at a valuation below expectations [more…]