Business News

Australian to auction $13m in confiscated bitcoins

Bitcoin: Approaching the 'big short' moment?

Investors everywhere (this is not a problem specific to India) are notorious for jumping on the newest, shiniest bandwagons without necessarily understanding what lies underneath the hood.

Dec 6, 2017

By IANS

Indian shares stumble ahead of RBI monetary policy; SBI, ICICI Bank drag

Indian stocks fell on Wednesday, dragged by lenders ahead of the Reserve Bank of India's monetary policy announcement due later in the day.

Dec 6, 2017

By Aastha Agnihotri

Wilmar, Golden Agri-Resources to benefit from favorable palm oil outlook: SGX

Agricultural products-related stocks are likely to have an upper hand, given the optimistic outlook for palm oil prices globally, Singapore Exchange said on Wednesday.

Dec 6, 2017

By Aastha Agnihotri

singapore artificial intelligence datarobot

Singapore realty Dennis Wee hit with S$66,000 fine, 12-month ban for keeping investors in dark

Singapore-based real estate agency Dennis Wee Realty was fined S$66,000 for six charges of failing to provide a written advisory message to investors stating risks involved in purchasing foreign properties.

Dec 6, 2017

By Aastha Agnihotri

Singapore stocks stutter following losses on Wall Street; DBS, UOB fall

Singapore stocks fell on Wednesday, taking cues from Asian shares following losses on Wall Street as the technology sector stuttered yet again.

Dec 6, 2017

By Aastha Agnihotri

Singapore, China deepen investment ties, with Belt and Road initiative in mind

Singapore and China will continue to enhance economic cooperation and deepen two-way investment ties, the Ministry of Trade and Industry (MTI) said.

Dec 6, 2017

By Aastha Agnihotri

Embattled EMAS Offshore seeks legal advice as unit loses three bareboat charters

Singapore-listed EMAS Offshore, a unit of oilfield services firm Ezra Holdings, said its unit received a notice of termination to end the bareboat charter.

Dec 6, 2017

By Aastha Agnihotri

Amazon launches Prime membership in Singapore amid SE Asia push; stops free shipping option

E-commerce giant Amazon launched its Prime membership programme in Singapore on Wednesday, which offers free global shipping and access to video streaming, among other things.

Dec 6, 2017

By Aastha Agnihotri

Amazon prime

Pavilion Energy CEO quits to take full-time role with Singapore rail operator SMRT

Singapore-based Pavilion Energy said its Chief Executive Seah Moon Ming would step down, in order to focus more on his role as chairman of SMRT Corp.

Dec 6, 2017

By Aastha Agnihotri

Singapore charges two men for illegal short-term rentals via Airbnb

Singapore charged two men on Tuesday with providing unauthorised short-term stays to tenants, media said.

Dec 6, 2017

By Aastha Agnihotri

Miner Alliance Mineral Asset CEO's shares seized on court order

Singapore-listed miner Alliance Mineral Assets said about 40 million shares belonging to substantial shareholder Living Waters Mining Australia (LWMA) were seized.

Dec 6, 2017

By Aastha Agnihotri

Indian stocks fall; RBI monetary policy eyed

Indian stocks fell on Tuesday amidst caution as the Reserve Bank of India began its two-day policy meeting.

Dec 5, 2017

By Aastha Agnihotri

SembCorp industries posts 56% drop in third quarter profits

Sembcorp Marine signs letter of intent with energy giant Shell

Sembcorp Marine on Tuesday said its unit Sembcorp Marine Rigs & Floaters signed a letter of intent with Shell Offshore.

Dec 5, 2017

By Aastha Agnihotri

Fullerton eyes S$300 million IPO to drive regional expansion

Singapore stocks subdued as U.S. tax reform edges forward

Singapore stocks ended little changed on Tuesday, led by lenders such as OCBC and DBS Bank but caution prevailed ahead of a major tax overhual in the United States.

Dec 5, 2017

By Aastha Agnihotri

Google launches Google Go, its light search app for Android

Google finally debuted its Google Go operating system, a lightweight version of Android custom-designed for low-end devices.

Dec 5, 2017

By Aastha Agnihotri

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