Markets highlights

1 Ms Christine Lagarde launched her campaign for a second term as head of the IMF with ringing endorsements from a host of major economies - and a court case against her looming in her native France, Reuters said.

2 China Yongsheng said a proposal from a company related to one of its executive directors that may lead to its delisting is still being discussed.

3 Creative Technology unit ZiiLabs has settled a patent infringement suit against Samsung, which will take a licence for ZiiLabs patents. Payments will add about 14 US cents of earnings per share in the quarter to March 31.

4 Sapphire Corp has a new substantial shareholder in Ou Rui Group, a Hong Kong company owned by Mr Li Xiaobo, a veteran investor . He was on the Top 400 Forbes China Rich List in 2014.

5 Hi-P International has entered into a joint venture with Rompa (Hong Kong) to provide packaging solutions to the consumer electronics industry.

A version of this article appeared in the print edition of The Straits Times on January 23, 2016, with the headline 'Markets highlights'. Print Edition | Subscribe