Business News

Noble Group looks to raise $2.5 billion to refinance debt

Noble Group plunges on 14 mln share transfer to ex-employees

Shares in the embattled commodities trader Noble Group fell as much as 9 percent to S$0.17 on Friday after it transferred more than 14 million shares to employees who are leaving the company.

Nov 24, 2017

By Aastha Agnihotri

CapitaLand to launch cashless payment in China with UnionPay

Singapore-based property developer CapitaLand on Friday said it formed a strategic alliance with China UnionPay to launch cashless payments.

Nov 24, 2017

By Aastha Agnihotri

SGX shrugs off Asia weakness; MindChamps gains 7% in trading debut

Singapore stocks advanced on Friday, led by lenders such as DBS Group but gains were capped on subdued Asia amidst an ongoing rout in the Chinese bond market.

Nov 24, 2017

By Aastha Agnihotri

AsiaPhos plunges 20% as Chinese mining ops comes to a stand still

Shares in Phosphate mining company AsiaPhos declined as much as 20 percent to S$0.08 in morning trades on Friday.

Nov 24, 2017

By Aastha Agnihotri

DBS surpasses SingTel to become Southeast Asia's most valued firm

DBS Group Holdings has become Southeast Asia's biggest company by market capitalization, dethroning previous holder Singapore Telecommunications.

Nov 24, 2017

By Aastha Agnihotri

Singapore-listed Civmec to partner with rival Austal on A$4 bln contract

Engineering and construction contractor Civmec on Friday said it would collaborate with Australian ship building firm Austal in the A$4 billion offshore patrol vessel program.

Nov 24, 2017

By Aastha Agnihotri

Ezion says court dismisses originating summons by bondholder

Ezion Holdings, which last week won bondholders approval for debt refinancing, on Friday said that the Singapore's High Court has dismissed the summons taken out by a substantial bond holder.

Nov 24, 2017

By Aastha Agnihotri

MindChamps Preschool gains 7% above the IPO price on trading debut

MindChamps Preschool, the largest operator and franchisor of premium range preschool centres in Singapore, jumped as much as 7.2 percent above the IPO price in Friday's debut.

Nov 24, 2017

By Aastha Agnihotri

Oxley Holdings requests trading halt amid reports co in talks to buy Chevron House

Property developer Oxley Holdings on Friday requested for a trading halt pending the release of an announcement.

Nov 24, 2017

By Aastha Agnihotri

Amazon Italy will face its first strike ever on Black Friday

Amazon will face its first strike in Italy on the Black Friday 2017. The workers in the company's distribution hub in Castel San Giovanni in Piacenza, northern Italy will go to strike on November 24. A negotiation with company officials for increasing the bonus had failed on Thursday which led to the strike.

Nov 24, 2017

By Rahul K R

Indian shares rise for 6th session on overseas inflows

Indian shares extended gains on Thursday on the back of continued buying by foreign investors in local shares.

Nov 23, 2017

By Aastha Agnihotri

singapore artificial intelligence datarobot

Keppel Land forms JV to develop premium condominiums in Bangkok

Keppel Land on Thursday said it entered into a joint venture agreement with reputable Thai property developer to buy two prime sites in Bangkok.

Nov 23, 2017

By Aastha Agnihotri

SGX snaps 4-day gain on subdued Asia; U.S. markets closed for Thanksgiving

Singapore stocks edged lower after four-day rally on Thursday as subdued trading in the U.S. going into the Thanksgiving holiday carried over into Asia.

Nov 23, 2017

By Aastha Agnihotri

Singapore Tourism eyes "smarter" hotels with facial recognition at check-in

The Singapore Tourism Board (STB) on Thursday announced a raft of initiatives that focuses on business transformation, job redesign and a shift towards smart hotels.

Nov 23, 2017

By Aastha Agnihotri

AXA Call to Action puts Spotlight on Diversity & Inclusion for 2020 Workforce

AXA event calls for 'Diversity, Inclusion' for all corporate workforce by 2020

The second AXA Call to Action Event focused on Diversity and Inclusion, an important area of focus for all corporates today.

Nov 23, 2017

By Bikash Rai

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