Business News

Singapore stocks post first weekly drop in six as lenders drag

Singapore shares fall by 0.7 per cent in a two-week low on Friday, dragged by financials such as United Overseas Bank

Feb 2, 2018

By Aastha Agnihotri

SIA Engineering third-quarter profit rises but revenue disappoints

Aircraft maintenance firm SIA Engineering quarterly profit rose, helped in part by the increased share of profits from its subsidiaries.

Feb 2, 2018

By Aastha Agnihotri

Singapore's oBike pedals its way to Indonesia

Singapore's own oBike adds Indonesia to the list of its markets, offering bike-sharing services in Bandung City, and several parts of Bali.

Feb 2, 2018

By Kiersnerr Gerwin Tacadena

SIA Engineering to reap benefits from increased engine repair demand in Asia

The increased demand for engine checks seem to paint a vibrant picture for SIA Engineering Company this year.

Feb 2, 2018

By Kiersnerr Gerwin Tacadena

India's Sensex slumps 500 points on capital gains tax

Indian shares slumped on Friday, a day after the government ended a tax break on certain equity investments.

Feb 2, 2018

By Aastha Agnihotri

Have bitcoin? Here's world's first airport to accept cryptocurrencies

Passengers arriving at or departing from Brisbane Airport will be able to make payments through cryptocurrency at various stores and F&B outlets at the airport.

Feb 2, 2018

By Aastha Agnihotri

Singapore stocks head for first weekly drop in six; Financials drag

Singapore shares drop as much as 0.7 per cent in a two-week low on Friday, dragged by financials such as United Overseas Bank

Feb 2, 2018

By Aastha Agnihotri

How will new HDB regulation affect renters and flat owners?

The Housing and Development Board's new regulations may affect flat owners renting out living quarters above HDB commercial spaces, ERA said.

Feb 2, 2018

By Kiersnerr Gerwin Tacadena

Singapore Post Q3 profit climbs on eCommerce growth, US tax changes

Singapore Post third-quarter profit driven by improved performance in the Postal, eCommerce and Property divisions.

Feb 2, 2018

By Aastha Agnihotri

Noble Group's US$95 mln deal to sell vessels fails to take off

The deal fell through as the buyers failed to obtain approval from their respective boards.

Feb 2, 2018

By Aastha Agnihotri

Keppel Corp's former key executives arrested in corruption probe: report

The US Department of Justice, last year, imposed a penalty of US$422 million on Keppel O&M.

Feb 2, 2018

By Aastha Agnihotri

Guess shares plunge after model Kate Upton accuses co-founder of sexual harassment

Guess? Inc. shares fell as much as 16 percent to $15.37 on Thursday after model and actress Kate Upton accused the company's Paul Marciano of sexual harassment.

Feb 2, 2018

By Aastha Agnihotri

Coca-Cola kickstarts Chinese New Year celebration with iconic clay dolls in latest video

Coca-Cola has launched its annual Chinese New Year campaign in collaboration with McCann Shanghai and once again features the country's iconic clay dolls.

Feb 1, 2018

By Sanchalita Mullick

Election-friendly India Budget not taxation-friendly

Indian Finance Minister Arun Jaitley in 2018-19 Budget, made the Minimum Support Price (MSP) for notified kharif crops to be 1.5 times the input cost.

Feb 1, 2018

By IANS

Indian shares fall as govt brings back capital gains tax to woo rural voters

Bonds and the rupee fell after the budget revealed a fiscal deficit of 3.5 percent in the year ending March 31

Feb 1, 2018

By Aastha Agnihotri

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