Business News

Noble's unit invests S$25 mln in rare earths projects in Africa

Noble Group on Monday said its unit entered into agreements with Canada-based mineral explorer Mkango Resources to invest in rare earths projects worth 14 million pounds (S$25 million).

Nov 20, 2017

By Aastha Agnihotri

Indian shares gain led by banks after Moody's upgrade

Indian shares ended higher on Friday, led by lenders such as ICICI Bank after rating agency Moody's upgraded nation's sovereign rating for the first time since 2004.

Nov 17, 2017

By Aastha Agnihotri

StarHub Chief Executive Tong Hai to step down next year

Telecoms service provider StarHub on Friday said its Chief Executive Tan Tong Hai will step down from his position effective May 1.

Nov 17, 2017

By Aastha Agnihotri

Singapore stocks posts best gain since Oct 2; DBS climbs 4%

Singapore stocks snapped 5-day decline on Friday and rose more than 1 percent, in line with a rally in regional equities as strong U.S. earnings and a step forward in the U.S. Congress on tax reform boosted global risk appetite.

Nov 17, 2017

By Aastha Agnihotri

India's Sensex rallies as Moody's bumps up rating in 14 years

Indian shares jumped more than 1 percent on Friday, led by lenders such as ICICI Bank after rating agency Moody's upgraded nation's sovereign rating for the first time since 2004.

Nov 17, 2017

By Aastha Agnihotri

MindChamps' Singapore IPO values firm at S$200.5 mln; shares to list on Nov 24

MindChamps Preschool, the largest operator and franchisor of premium range preschool centres in Singapore, on Friday offered 30.4 million shares at $0.83 each for an initial public offering.

Nov 17, 2017

By Aastha Agnihotri

Singapore stocks snap 5-day fall; OCBC, DBS Bank rally

Singapore stocks snapped 5-day decline on Friday and rose 1 percent, in line with a rally in regional equities.

Nov 17, 2017

By Aastha Agnihotri

Why Google should be afraid of this Missouri attorney general

The world's biggest search engine Google has something to worry about and no, that has got nothing to do with China.

Nov 17, 2017

By Aastha Agnihotri

Raffles Education plunges 13% after billionaire shareholder Oei withdraws ouster bid

Shares in Raffles Education fell as much as 12.5 percent to S$0.28 on Friday after billionaire shareholder Oei Hong Leong withdrew application to remove Founder and Chief Executive Chew Hua Seng from the firm.

Nov 17, 2017

By Aastha Agnihotri

AirAsia alerts public on online scam claiming to give free flight tickets

AirAsia chief praises Changi Airport, calls T4 a "model airport of the future"

AirAsia Chief Tony Fernandes showered praises on Singapore's Changi Airport, calling new Terminal 4 (T4) as the "model airport of the future" for budget carriers.

Nov 17, 2017

By Aastha Agnihotri

Genting Hong Kong to sell 2.2% of Norwegian Cruise Line for US$270.1 mln

Cruise operator Genting Hong Kong on Friday said its unit Star NCLC entered has agreed to sell 5 million shares in Norwegian Cruise Line Holdings to third party investors for US$270.1 million.

Nov 17, 2017

By Aastha Agnihotri

Jaitley discusses strategic relationship with Singapore PM Lee as Iswaran calls on Naidu in Delhi

Jaitley highlighted the "Ease of Doing Business" measures initiated in the last three years that resulted in India "jumping" in the World Bank's Index from 146 in 2014 to 100 in October 2017.

Nov 16, 2017

By IANS