Business News

CapitaLand Retail China Trust Q4 DPU flat, revenue falls 4.6%

CapitaLand Retail China Trust Management reported an unchanged fourth-quarter distribution per unit (DPU).

Jan 31, 2018

By Aastha Agnihotri

Singapore: QAF halts operations at Fishery Port Road warehouse after ammonia leak incident

QAF, a maker of bread, bakery and confectionery products, said an ammonia leak occurred at its Fishery Port Road warehouse on January 26.

Jan 31, 2018

By Aastha Agnihotri

Goldilocks says Noble Group's rescue plan favors management, calls for SGX to probe

Singapore Exchange on Tuesday said it will ask Noble Group to respond to allegations raised by shareholder Goldilocks.

Jan 31, 2018

By Aastha Agnihotri

World's 2nd largest reinsurer Swiss Re opens Asia head office in Singapore

The board of directors of the new entity Swiss Re Asia is chaired by Lim Siong Guan, former group president of GIC.

Jan 31, 2018

By Aastha Agnihotri

South Korean envoy to Singapore fired over Japanese 'comfort women' deal allegations: report

Lee, who was appointed as ambassador in April 2016 by former President Park Geun-hye, was scheduled to end his term in April, 2019.

Jan 31, 2018

By Aastha Agnihotri

Hackers steal cryptocurrency worth $150,000; tricks people to participate in fundraising campaign

Hackers loot bitcoin worth $150,000 by means of a fake fundraising campaign.

Jan 30, 2018

By Rahul K R

India's Sensex slumps 250 points after record gains; Weak Asia weighs

Asian shares declined, tracking Wall Street following a slide in Apple shares.

Jan 30, 2018

By Aastha Agnihotri

Singapore stocks hit 1-week low; Noble plunges 23%

Singapore shares fell to a one-week low on Tuesday, weighed down by financial and real estate stocks.

Jan 30, 2018

By Aastha Agnihotri

Indian shares retreat from record highs on weak global cues

India shares retreated from record highs on Tuesday as investors booked profits in recent outperformers while weak global cues also hampered risk appetite.

Jan 30, 2018

By Aastha Agnihotri

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

Singapore likely to create fewer jobs from inbound investments in 2018: EDB

The city-state is expected to attract S$8 billion to S$10 billion in fixed asset investments in 2018.

Jan 30, 2018

By Aastha Agnihotri

Singapore stocks fall along with Asia; Noble plunges 23%

Singapore shares fell as much as 0.7 percent to a one-week low on Tuesday, weighed down by financial and real estate stocks.

Jan 30, 2018

By Aastha Agnihotri

singapore artificial intelligence datarobot

Singapore clocks its best manufacturing performance since 2010

Economists at UOB said Singapore's manufacturing performance in 2017 has risen to new heights, thanks to the still-strong external demand for semiconductor exports.

Jan 30, 2018

By Kiersnerr Gerwin Tacadena

Singapore to launch blockchain technology for interbank payments

MAS: First issuance of Singapore Savings Bond in 2018 lures investors

For the first time since it was first introduced, the Singapore Savings Bond has been over-subscribed, with over 6,300 investors submitting their applications.

Jan 30, 2018

By Kiersnerr Gerwin Tacadena

Summer Palace, Regent Singapore downgraded to 'C' after 43 stomach flu cases

The National Environment Agency (NEA) on Monday downgraded the Summer Palace restaurant and the banquet kitchen of Regent Singapore to "C" grade.

Jan 30, 2018

By Aastha Agnihotri

Noble Group shares slump 23% as restructuring deal disappoints

As per the agreement, the restructuring would be in exchange for 70 percent of the firm.

Jan 30, 2018

By Aastha Agnihotri

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