Business News

Singapore stocks edge lower; DBS Group falls 1%

Singapore 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

Property developer Aspen buys industrial land in Malaysia's Selangor for S$63 mln

Malaysian property developer Aspen Group Holdings on Thursday said its associate company, Global Vision Logistics bought industrial land in Shah Alam, Selangor for 190 million Malaysian ringgit (about S$63 million).

Nov 30, 2017

By Aastha Agnihotri

GLP shareholders overwhelmingly support privatization scheme

Global Logistic Properties (GLP), which was bought by a Chinese consortium for S$16 billion, on Thursday said its shareholders approved the privatization scheme.

Nov 30, 2017

By Aastha Agnihotri

North Korea launches highest-ever ICBM that puts Washington, DC in range

Here are the latest pictures of North Korea missile launch

Pyongyang's official news agency KCNA released images of the newest addition to North Korea's arsenal of ballistic missiles — the Hwasong-15.

Nov 30, 2017

By Aastha Agnihotri

Singapore's first euro-denominated REIT says IPO subscribed 3.1 times

Cromwell European Real Estate Investment Trust (CEREIT) said its initial public offering was about 3.1 times subscribed.

Nov 30, 2017

By Aastha Agnihotri

Thai Beverage buys remaining stake in Vietnamese management consultancy firm

Thai Beverage, a maker of wide range of branded beer and spirits in Thailand, said its unit BeerCo bought a 49 percent stake in Vietnamese management consultancy firm.

Nov 30, 2017

By Aastha Agnihotri

Ascendas Hospitality Trust to lease Hotel Sunroute, Oakwood Apartments in Tokyo

Ascendas Hospitality Trust on Thursday said it entered into a memorandum of understanding to lease Hotel Sunroute and Oakwood Apartments in Ariake, Tokyo.

Nov 30, 2017

By Aastha Agnihotri

Keppel Telecommunications reviews China logistics operations to boost growth

Keppel Telecommunications & Transportation (Keppel T&T) on Thursday said it is currently undertaking a strategic review of its China logistics portfolio to boost operations.

Nov 30, 2017

By Aastha Agnihotri

GLP requests trading halt pending results of privatisation scheme

Global Logistic Properties (GLP), which was bought by a Chinese consortium for S$16 billion, on Thursday requested for a trading halt pending the release of an announcement.

Nov 30, 2017

By Aastha Agnihotri

Singaporean chilli crab restaurant No Signboard jumps 11% on trading debut

Shares in No Signboard Holdings Ltd, known for its signature white pepper crab dish, jumped as much as 11 percent above the IPO price in Thursay's debut.

Nov 30, 2017

By Aastha Agnihotri

singapore artificial intelligence datarobot

Sankhya InfoTech expands operations in US, Singapore

The firm registered an annual turnover of Rs 161.6 crore in the last fiscal

Nov 29, 2017

By Staff Reporter

Indian shares lackluster inline with Asian equities; Lenders fall

Indian stocks ended little changed on Wednesday, tracking subdued Asia amidst caution over the latest missile test by North Korea and concerns at recent softness in Chinese shares.

Nov 29, 2017

By Aastha Agnihotri

Wilmar billionaire founder bumps up stake in Singapore's Perennial

Singapore-based developer and landlord Perennial Real Estate Holdings on Wednesday said its largest shareholder Kuok Khoon Hong raised his stake in the company to 20 percent.

Nov 29, 2017

By Aastha Agnihotri

SGX proposes shorter securities settlement cycle of two days

Singapore Exchange (SGX) on Wednesday proposed to make changes in the clearing and settlement of securities in the Singapore stock market.

Nov 29, 2017

By Aastha Agnihotri

Fullerton eyes S$300 million IPO to drive regional expansion

Singapore shares end lackluster as weak financials weigh

Singapore stocks ended little changed on Wednesday, tracking mixed Asian shares amidst caution over the latest missile test by North Korea and concerns at recent softness in Chinese shares.

Nov 29, 2017

By Aastha Agnihotri

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