Business News

Singapore police arrests employee of UK firm Intertek in Shell oil heist

Singapore police has arrested an employee of UK-based quality assurance firm Intertek in relation to his involvement in a large-scale oil theft at Shell's biggest refinery.

Jan 18, 2018

By Aastha Agnihotri

Singapore: OCBC alerts public on rising phone scams impersonating the bank

OCBC bumps up stake in China-based Maxwealth Fund Management for S$12.6 mln

Singaporean lender Oversea-Chinese Banking Corp (OCBC) said it raised its stake in Maxwealth Fund Management for a total cash consideration of 61.45 million yuan (S$12.6 million).

Jan 18, 2018

By Aastha Agnihotri

singapore artificial intelligence datarobot

First REIT Q4 DPU edges higher on hospital acquisitions

First Real Estate Investment Trust reported a near 1 percent rise in fourth-quarter distribution per unit (DPU).

Jan 18, 2018

By Aastha Agnihotri

Manulife US REIT promotes Schillaci to CIO post

The manager of Manulife U.S. Real Estate Investment Trust said it appointed Jennifer R. Schillaci as Chief Investment Officer of the REIT with immediate effect.

Jan 18, 2018

By Aastha Agnihotri

India's Sensex crosses 35,000 level for first time, Nifty hits record high

India's benchmark index Sensex closed at a fresh record high on Wednesday on the back of buying in software makers and lenders.

Jan 17, 2018

By Aastha Agnihotri

Singapore stocks fall after 3-day rally; Thai Beverage drops 3%

Singapore shares declined following three straight sessions of gains on Wednesday, dragged by lenders such as DBS Group while weak Asian equities also dampened sentiment

Jan 17, 2018

By Aastha Agnihotri

finance minister of india visit to singapore

India Budget 2018: Rationalizing incentives need of the hour

There is room for improvement in some of the prime income tax (IT) provisions meant to incentivise the home buyers

Jan 17, 2018

By IANS

India's Nifty firm above 10,700 level; TCS, Infosys gain

India shares gained on Wednesday, with the broader Nifty index trading firm above 10,700 level on the back of buying in software makers.

Jan 17, 2018

By Aastha Agnihotri

Singapore stocks snap 3-day rally; DBS, OCBC lead losses

Singapore shares declined following three straight sessions of gains on Wednesday, dragged by lenders such as DBS Group while weak Asian equities also dampened sentiment.

Jan 17, 2018

By Aastha Agnihotri

SGX expands range of DLCs issued by Societe Generale

Singapore Exchange expanded the range of Daily Leverage Certificates issued by Societe Generale, offering seven times long or short exposure to underlying indexes.

Jan 17, 2018

By Kiersnerr Gerwin Tacadena

5 men charged for failing to disclose sensitive information to SGX: report

Five men were charged on Tuesday for intentionally failing to disclose sensitive price information to the Singapore Exchange (SGX), Channel NewsAsia reported.

Jan 17, 2018

By Aastha Agnihotri

Changi Airport's traffic growth a good thing for SATS

Changi Airport's robust operating performance is believed to be an upside for SATS.

Jan 17, 2018

By Kiersnerr Gerwin Tacadena

Singapore: Dunearn Gardens now up for grabs

Knight Frank Singapore announced the sale of Dunearn Gardens, a rare freehold high-rise residential redevelopment site located off the Newton Road.

Jan 17, 2018

By Kiersnerr Gerwin Tacadena

Singapore June NODX fall 2.3% on-year due to weak China, Europe demand

Singapore's December exports growth slows more-than-expected on weaker electronics

Singapore's non-oil domestic exports (NODX) slowed more-than-expected in December, hurt by drop in electronic shipments.

Jan 17, 2018

By Aastha Agnihotri

Singapore's City Developments says will not extend offer for hotelier M&C beyond Jan 26

Property developer City Developments on Wednesday the offer to privatise London-listed Millennium & Copthorne Hotels (M&C) will not be extended beyond January 26.

Jan 17, 2018

By Aastha Agnihotri

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