Business News

Higher occupancy for Bugis Junction, The Atrium lifts CapitaLand Mall Trust earnings

CapitaLand Mall Trust Management on Wednesday reported a 0.7 percent rise in fourth-quarter distribution per unit (DPU).

Jan 24, 2018

By Aastha Agnihotri

European group Ayondo set for Singapore's first fintech listing: report

Financial technology group Ayondo is planning for an initial public offering in Singapore over the next few months, Channel NewsAsia reported on Wednesday.

Jan 24, 2018

By Aastha Agnihotri

India's Nifty breaches 11,000 mark, Sensex climbs above 36,000 for first time

India shares ended at fresh record highs on Tuesday, driven by sustained overseas inflows after positive earnings and the government's efforts to contain fiscal deficit target.

Jan 23, 2018

By Aastha Agnihotri

Singapore Telcos will no longer provide 2G mobile services from April 2017

Singapore's M1 posts in line profit, declares dividend

Singapore-based telecom services provider M1 on Tuesday reported a 2.5 percent drop in fourth-quarter profit, as guided earlier.

Jan 23, 2018

By Aastha Agnihotri

Netflix surpasses $100 billion market capitalization

Industry experts believe that the tremendous growth of Netflix subscription is a visible sign of broader trends, as modern day customers are more interested in online entertainment

Jan 23, 2018

By Nirmal Narayanan

Netflix

oBike, Grab to promote urban cycling for Singapore commuters

oBike announced a partnership with ride-hailing platform Grab to advocate for urban cycling amongst Singapore commuters.

Jan 23, 2018

By Kiersnerr Gerwin Tacadena

Indian shares hit fresh record highs; Tata Steel, Infosys top gainers

India shares opened at fresh record highs on Tuesday, driven by sustained overseas inflows after positive earnings and the government's efforts to contain fiscal deficit target.

Jan 23, 2018

By Aastha Agnihotri

Will Uber be ComfortDelGro's growth driver?

Amidst the lacklustre outlook for its Singapore taxi segment, ComfortDelGro's partnership with Uber is expected to boost the transport group's profits by up to 5 percent.

Jan 23, 2018

By Kiersnerr Gerwin Tacadena

Singapore stocks gain along with Asia; DBS hits record high

Singapore shares rose on Tuesday, tracking firm Asian equities, with DBS Group Holdings gaining as much as 1.7 percent to a record

Jan 23, 2018

By Aastha Agnihotri

Female traffic lights to promote gender equality in Australia

Singapore: DBS Bank, CDL make it to Bloomberg's Gender-Equality Index

DBS Bank and City Developments were among 104 companies recognised for their efforts to create work environments that support gender equality.

Jan 23, 2018

By Aastha Agnihotri

singapore artificial intelligence datarobot

Singapore jumps to 3rd spot in 2018 Bloomberg Innovation Index

Singapore is the third most innovative economy in the world, according to the 2018 Bloomberg Innovation Index released on Tuesday.

Jan 23, 2018

By Aastha Agnihotri

SembCorp industries posts 56% drop in third quarter profits

Sembcorp Marine surges 4.6% amidst privatisation talk

Shares in Singapore-based Sembcorp Marine jumped as much as 4.6 percent to S$2.50 on Tuesday morning.

Jan 23, 2018

By Aastha Agnihotri

Keppel DC REIT says fourth-quarter property income jumps 31%

Keppel DC REIT reported a near 31 percent jump in fourth-quarter net property income, helped by in part by acquisitions.

Jan 23, 2018

By Aastha Agnihotri

Keppel Infrastructure Q4 profit gets boost from City Gas

Keppel Infrastructure reported a 25.4 percent rise in fourth-quarter profit, helped by higher contributions from City Gas.

Jan 23, 2018

By Aastha Agnihotri

India's Sensex surges over 280 points; Reliance Industries, TCS top gainers

Risk appetite got a lift on news reports that the government is mulling over foreign direct investment in the banking sector

Jan 22, 2018

By Aastha Agnihotri

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