Business News

Indian shares fall; Bharti Airtel drags on UIDAI probe

Indian stocks fell on Friday, dragged lower by Bharti Airtel after UIDAI has ordered a probe against the telecoms operator for violating Aadhaar Act.

Dec 1, 2017

By Aastha Agnihotri

Singapore stocks advance inline with Asia; BRC Asia surges 41%

Singapore stocks advanced on Friday, tracking gains in Asian shares after U.S. stocks marked gains overnight after apparent progress on U.S. tax legislation.

Dec 1, 2017

By Aastha Agnihotri

Keppel Infra, China Harbour win S$5.3 bln waste management contract in Hong Kong

Keppel Infrastructure and China Harbour Engineering on Friday secured a project to build an integrated waste management facility (IWMF) in Hong Kong for HKD 31 billion (about S$5.3 billion).

Dec 1, 2017

By Aastha Agnihotri

AsiaPhos' chairman raises stake via share purchase

Singapore-listed AsiaPhos on Friday said Non-Executive Chairman Pian Tee Hong purchased shares in the phosphate mining company.

Dec 1, 2017

By Aastha Agnihotri

Singapore's IPO fundraising doubles from last year as growth rebounds

Fundraising from Singapore domestic initial public offerings so far in 2017 have doubled compared to the entire 2016.

Dec 1, 2017

By Aastha Agnihotri

Palm oil giant Wilmar steps up effort to curb child labour after Indonesian probe

The world's biggest palm oil processor Wilmar International has launched fresh policies to enhance the welfare of children living in oil palm plantations.

Dec 1, 2017

By Aastha Agnihotri

Oxley joins FTSE ST Large & Mid Cap Index, FTSE ST Mid Cap Index

Real estate developer Oxley Holdings on Friday said the company has been included on the FTSE ST Large and Mid Cap Index and the FTSE ST Mid Cap Index.

Dec 1, 2017

By Aastha Agnihotri

BRC Asia surges 41% to over 1-year high as trading resumes, volumes spike

Shares in Singapore-based steel maker BRC Asia jumped as much as 41 percent to S$1.27 on Friday following the resumption of trading.

Dec 1, 2017

By Aastha Agnihotri

Marco Polo gets court nod for debt restructuring; EGM on Dec 14

Logistics group Marco Polo Marine said it has received approval from the Singapore High Court for its restructuring plan.

Dec 1, 2017

By Aastha Agnihotri

StarHub takes 9% stake in mm2 Asia to drive pay TV offerings in Singapore

StarHub outgoing CEO pares S$2.55 mln worth stake

StarHub said its outgoing Chief Executive Tan Tong Hai reduced his stake in the telecoms service provider.

Dec 1, 2017

By Aastha Agnihotri

Despite elusive founder, BITCOIN breaks all records

The cryptocurrency had plunged as much as 20 percent after the Chinese government cracked down on offerings in the digital currency, prompting bitcoin exchanges to close their doors.

Nov 30, 2017

By Staff Reporter

India's Sensex plunges 450 points; SBI, Reliance Industries lead losses

Indian stocks fell on Thursday, tracking weak Asian shares after U.S. tech stocks slumped overnight following a strong rally.

Nov 30, 2017

By Aastha Agnihotri

SGX ends lackluster as weak Asia weighs; Keppel T&T climbs 5%

Singapore stocks ended little changed on Thursday, as gains in lenders such as OCBC and United Overseas Bank were offset by the weakness in Asian shares after U.S. tech stocks slumped overnight.

Nov 30, 2017

By Aastha Agnihotri

Cromwell European REIT makes muted debut on SGX

Shares in Cromwell European Real Estate Investment Trust (CEREIT) opened unchanged in Thursday's trading debut.

Nov 30, 2017

By Aastha Agnihotri

Indian shares fall inline with Asian equities; Jeweler TBZ plunges 16%

Indian stocks fell on Thursday, tracking weak Asian shares after U.S. tech stocks slumped overnight following a strong rally.

Nov 30, 2017

By Aastha Agnihotri

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