Business News

EMAS Offshore gets $50 mln lifeline amidst restructuring efforts

Singapore-listed EMAS Offshore, a unit of Ezra Holdings, entered into a revised term sheet with BT Investment (BTI) after terminating the prior term sheet last week.

Dec 12, 2017

By Aastha Agnihotri

Noble Group completes sale of U.S.-based coal unit for $34.5 mln

Embattled commodities trader Noble Group on Tuesday said it completed the sale of U.S.-based coal unit, MR Coal Marketing for US$34.5 million to an unnamed buyer.

Dec 12, 2017

By Aastha Agnihotri

Bitcoin: Tread with caution

Bitcoin has no pricing model. Conventionally speaking it's a non productive asset.

Dec 11, 2017

By IANS

Indian shares follow Asia gains; Unitech jumps 9%

Indian stocks gained on Monday on persistent buying by overseas investors amid optimism about global growth.

Dec 11, 2017

By Aastha Agnihotri

What goes up comes down; Will it be Bitcoin's turn in 2018?

Trading under the symbol XBT, Bitcoin's current price is around $15,000-mark, surging more than 1,550% in 2017 alone. Its January futures price is at $18,000

Dec 11, 2017

By Soorya Kiran NN

Keppel Offshore wins orders worth S$130 mln from Petrobras, SOFEC

Keppel Offshore & Marine on Monday said its unit Keppel FELS Brasil and Keppel Shipyard secured projects worth S$130 million from repeat customers, Petrobras and SOFEC Inc.

Dec 11, 2017

By Aastha Agnihotri

Singapore stocks climb over 1%; ComfortDelGro, Noble Group rally

Singapore shares advanced on Monday, extending previous sessions' 1.1 percent gain amid optimism about global growth.

Dec 11, 2017

By Aastha Agnihotri

Noble Group shares surge 13% amidst huge volume; Dec 15 deadline looms

Shares in the embattled commodities trader Noble Group jumped as much as 12 percent to S$0.14 on the Singapore Exchange on Monday.

Dec 11, 2017

By Aastha Agnihotri

Thai Beverage, others line up for Vietnam's Sabeco sale: report

Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are preparing to bid for a stake in Vietnam's largest brewer, Sabeco, Reuters reported on Sunday.

Dec 11, 2017

By Aastha Agnihotri

Indian shares advance; Unitech soars 20% as govt takes control

Indian stocks gained on Monday on persistent buying by overseas investors amid optimism about global growth.

Dec 11, 2017

By Aastha Agnihotri

Singapore stocks extend Friday's rally; ComfortDelGro jumps 5%

Singapore shares advanced on Monday, on course to extend previous sessions' 1.1 percent gain amid optimism about global growth.

Dec 11, 2017

By Aastha Agnihotri

Hundreds of millions of people travel home for Chinese New Year causing a complete chaos [PHOTOS]

Singapore and Shandong to boost cooperation in education, healthcare

Singapore and Shandong have agreed to further increase trade and investments in the fields of mutual interest, such as education, healthcare and energy and petrochemicals.

Dec 11, 2017

By Aastha Agnihotri

China, Taiwan part of international recall of Lactalis baby formula milk

French baby-milk maker Lactalis and health authorities have ordered a major international product recall after the discovery of salmonella bacteria.

Dec 11, 2017

By Aastha Agnihotri

Fullerton Healthcare buys 60% stake in Philippine-based Intellicare

Singapore-based Fullerton Healthcare Corp on Monday said it entered into agreements to acquire a 60 percent stake in Philippine-based Intellicare Group.

Dec 11, 2017

By Aastha Agnihotri

ComfortDelGro jumps 4% after Uber deal, volume spikes

Shares in ComfortDelGro climbed as much as 4.2 percent to S$1.99 after the Singapore's largest taxi company entered into an agreement with U.S.-based ride-hailing firm Uber Technologies.

Dec 11, 2017

By Aastha Agnihotri

Prev 335 336 337 338 339 340 341 342 343 344 Next