Business News

SGX advances; Noble climbs 40% on report of buyout by Chinese firm

Singapore shares edged higher on Monday, led by gains in gains in Noble Group amidst report a Chinese conglomerate expressed interest to buy the embattled commodities trader.

Jan 22, 2018

By Aastha Agnihotri

Noble Group looks to raise $2.5 billion to refinance debt

China's Cedar interested in buying Noble Group: report

Chinese conglomerate Cedar Holdings Group has expressed interest in buying commodities trader Noble Group, Bloomberg reported on Monday.

Jan 22, 2018

By Aastha Agnihotri

grab-driver-faces-jail-time-sexual-assault

Grab partners with Singapore Tourism Board to attract overseas travelers

Ride hailing firm Grab on Monday announced a three-year partnership with Singapore Tourism Board (STB) to help foreign visitors experience the best of the city-state.

Jan 22, 2018

By Aastha Agnihotri

Indian shares extend record gaining streak; ONGC climbs 4%

Among the top Sensex gainers were ONGC, Reliance Industries, Tata Consultancy Services, and Bajaj Auto

Jan 22, 2018

By Aastha Agnihotri

Noble Group rallies 40% amidst huge volume, SGX issues trading query

Shares in the embattled commodities trader Noble Group jumped as much as 40 percent to S$0.28 on the Singapore Exchange on Monday.

Jan 22, 2018

By Aastha Agnihotri

Singapore stocks muted tracking weak Asia; US govt shutdown weighs

Singapore shares were little changed on Monday as gains in industrials were offset by weakness in financial and consumer discretionary stocks.

Jan 22, 2018

By Aastha Agnihotri

Singapore Exchange shares climb 3% on dual-class share listing news

Singapore Exchange (SGX) shares gained as much as 2.8 percent to S$8.20 on Monday.

Jan 22, 2018

By Aastha Agnihotri

Singapore Exchange allows companies to list with dual-class shares

In a bid to attract more listings, Singapore Stock Exchange (SGX) said it will allow companies to list with dual-class shares later this year.

Jan 22, 2018

By Aastha Agnihotri

An LNG tanker passes boats along the coast of Singapore

Singapore: Oman LNG and BP Singapore sign agreement for LNG supply

Since both the companies Oman LNG and BP Singapore Pte. Ltd shares a strong partnership, after the recent deal, this agreement is considered as their major priority.

Jan 21, 2018

By Bhaswati Guha Majumder

Singapore: DBS, UOB, OCBC funding coal projects, compromising on global warming issue

2018 is the year when Singapore should take actions to climate change issue and has to show its progress to reach the deal of 2015 Paris Climate Agreement.

Jan 20, 2018

By Bhaswati Guha Majumder

Indian shares extend record rally to third day; Adani Ports jumps 5%

India shares extended record gains to a third session on Friday, helped by sustained overseas inflows.

Jan 19, 2018

By Aastha Agnihotri

SGX Q2 profit unchanged, revenue from largest division drops

Singapore Exchange on Friday reported unchanged second-quarter net profit, with revenues from its largest equities and fixed income division posting a drop in the quarter.

Jan 19, 2018

By Aastha Agnihotri

SGX clocks 4th straight weekly gain; Sembcorp Marine soars 10%

Singapore shares ended higher for a fourth consecutive week on Friday, helped by gains in lenders such as OCBC and DBS Group Holdings.

Jan 19, 2018

By Aastha Agnihotri

Indian shares hit fresh record highs on overseas flows; Asia firm

India shares extended record gains to a third session on Friday, helped by sustained overseas inflows.Among the top Sensex gainers, Adani Ports rose 3 percent, HDFC Bank gained 1.1 percent, State Bank of India added 1.4 percent while Reliance Industries was up 1 percent.

Jan 19, 2018

By Aastha Agnihotri

Singapore stocks set for 4th straight weekly gain; Sembcorp Marine soars 8%

Shares in Sembcorp Marine jumped 8 percent following an upgrade by Nomura. Utilities and integrated services provider Sembcorp Industries jumped 5 percent amidst speculation about a spin-off in India.

Jan 19, 2018

By Aastha Agnihotri

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