Singapore bids for Australian stock exchange

By Andy Rice 25 October 2010

The Singapore Stock Exchange (SGX) has bid $8.3 billion for the Australian Stock Exchange (ASX), it announced on Monday morning. If the deal gains regulatory approval in both countries, it will create the second-biggest bourse in Asia by number of companies listed, and the fourth-biggest in terms of market value of companies listed. ASX shares rose sharply after the announcement, although SGX stock fell slightly. Read more: BBC News



Zondo Commission will be long and thorough – will it outlast President Ramaphosa?

By Ferial Haffajee

"The soul is known by its acts" ~ Thomas Aquinas