(REUTERS) - Hilton Worldwide Inc, the world's largest hotel operator, raised roughly US$2.26 billion (S$2.82 billion) in its initial public offering on Wednesday after pricing shares toward the high end of the range.
WASHINGTON (AP) - US regulators have approved a rule that seeks to defuse the kind of risk-taking on Wall Street that helped trigger the 2008 financial crisis.
Oil and gas producer Linc Energy is seeking a mainboard listing on the Singapore Exchange (SGX).
SEOUL (AP) - South Korea's government said on Wednesday it will tackle massive debts at inefficient state-owned companies by ending lax management and cutting excessive perks for workers.
Share prices on the Singapore bourse fell with the benchmark Straits Times Index ending the day lower by 20.98 points or 0.7 per cent to 3,060.74.