Business News

Disney-Fox Deal: What to know about the massive merger

Disney is buying 21st Century Foxs Entertainment assets for $52.4 billion (£39 billion).

Dec 15, 2017

By Staff Reporter

Indian shares recoup losses; Gujarat election results eyed

India's Sensex recouped losses to end nearly 200 points higher on Thursday, led by gains in refiners such as Indian Oil and Hindustan Petroleum.

Dec 14, 2017

By Aastha Agnihotri

Singapore stocks fall after 4-day rally as financials drag

Singapore shares fell after four sessions of gains on Thursday, with financials such as Oversea-Chinese Banking Corp and DBS Group accounting for most of the losses.

Dec 14, 2017

By Aastha Agnihotri

Indian shares cautiously lower ahead of Gujarat exit poll results

Indian stocks traded cautious on Thursday ahead of exit poll results for Gujarat election.

Dec 14, 2017

By Aastha Agnihotri

Singapore stocks snap 4-day rally; OCBC, DBS Bank lead losses

Singapore shares fell after four sessions of gains on Thursday, with financials such as Oversea-Chinese Banking Corp and DBS Group accounting for most of the losses.

Dec 14, 2017

By Aastha Agnihotri

FILE PHOTO: A man looks at a Singapore Airlines (SIA) signage outside an SIA service center in Singapore February 10, 2016.

Singapore Airlines A380: Here's the new look [PHOTOS]

Singapore Airlines unveiled its first major overhaul across cabin classes of its Airbus SE A380s since 2007, with new seats in first, business, premium economy and economy class.

Dec 14, 2017

By Aastha Agnihotri

Singapore's ESR-REIT makes its largest ever acquisition with S$240 mln property buy

ESR Real Estate Investment Trust (REIT) on Thursday said it acquired an 80 percent stake in a special purpose vehicle that owns a leasehold interest in 7000 Ang Mo Kio Avenue 5 property in Singapore for S$240 million.

Dec 14, 2017

By Aastha Agnihotri

Singapore's Oxley Holdings buys Chevron House for S$660 mln

Real estate developer Oxley Holdings on Wednesday said it purchased Chevron House for S$660 million, along with a local property developer Centra Cove for US$12 million.

Dec 14, 2017

By Aastha Agnihotri

Singtel's Optus bolsters 5G services in Australia with spectrum win

Singapore Telecommunications' unit Optus on Thursday said it acquired a variety of new metropolitan licences for its customers in the 2300 MHz and 3500 MHz spectrum bands.

Dec 14, 2017

By Aastha Agnihotri

Indian shares fall as retail inflation breaches RBI's 4% target

Indian stocks fell on Wednesday after a jump in retail inflation raised concerns the central bank may raise policy rates in 2018.

Dec 13, 2017

By Aastha Agnihotri

Singapore Press, ComfortDelGro among worst SGX stocks of 2017

While Straits Times Index (STI) generated a total return of 24.1% year-to-date, Singapore Press and ComfortDelGro generated negative returns of 22 percent and 15 percent in the same priod, respectively.

Dec 13, 2017

By Aastha Agnihotri

Singapore stocks edge higher; Noble gains 11%

Singapore shares edged higher on Wednesday, clocking their fourth straight session of gains, helped by financials.

Dec 13, 2017

By Aastha Agnihotri

Singapore getting increasingly tougher on free speech, assembly laws: Human Rights Watch

Singapore is increasingly using tough laws to condemn freedom of speech and assembly, Human Rights Watch said Wednesday.

Dec 13, 2017

By Aastha Agnihotri

Bitcoin ATM machines at Hong Lim Complex, Tiong Bahru Plaza crash as crypto soars

Two ATM machines selling the cryptocurrency in Singapore crashed last Friday, the Straits Times reported on Wednesday.

Dec 13, 2017

By Aastha Agnihotri

SGX off 2-1/2 year high; Noble climbs 8% over debt-for-equity deal talks

Singapore shares came off a more than two-and-a-half-year high to trade lower after three straight sessions of sharp gains, with financials accounting for most of the losses.

Dec 13, 2017

By Aastha Agnihotri

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