Business News

Singapore suspends trade relations with North Korea amidst UN sanctions

Singapore, North Korea's seventh largest trading partner, has halted its trade relations with the reclusive country, as part of global efforts to cut off funding over its nuclear and missile programs.

Nov 16, 2017

By Aastha Agnihotri

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore to release third-quarter GDP data on Nov 23

The government will release Singapore's third-quarter economic survey on November 23 at 8am local time.

Nov 16, 2017

By Aastha Agnihotri

Indian shares recoup from 3-day fall led by refiners

Indian shares snapped three-day fall on Thursday, led by gains in refiners such as Reliance Industries as oil prices dropped overnight.

Nov 16, 2017

By Aastha Agnihotri

SMRT suspends train service between Joo Koon and Tuas Link stations

SMRT Corp on Thursday suspended train services between Joo Koon and Tuas Link stations following previous day's collision, which left nearly 29 people injured.

Nov 16, 2017

By Aastha Agnihotri

Singapore shares fall for fifth day; StarHub, Singtel top losers

Singapore stocks fell for a fifth session on Thursday, as trading in Asia turned cautious following weak closing on Wall Street overnight.

Nov 16, 2017

By Aastha Agnihotri

Singapore's first euro-denominated REIT to raise S$1.39 bln via IPO; listing on Nov 30

Cromwell European Real Estate Investment Trust has filed a prospectus for a 865.7 million euro (S$1.39 billion) listing in Singapore, cutting the size of a previously planned offering.

Nov 16, 2017

By Aastha Agnihotri

StarHub TV launches Asia's first Korean movie channel

StarHub partners with UK's Prudential to launch block-chain trade platform in Singapore

Singapore telco StarHub said it would partner with insurance giant Prudential to launch a blockchain-based digital trade platform for small and medium-sized enterprises (SMEs).

Nov 16, 2017

By Aastha Agnihotri

Controlling shareholder bumps up stake in Singapore's Darco Water

Darco Water Technologies said controlling shareholder Robert Stone will raise his stake in the water treatment specialist to 18.1 percent via share placement.

Nov 16, 2017

By Aastha Agnihotri

Changjiang Fertilizer calls EGM to vote on transfer to Catalist board

Changjiang Fertilizer Holdings on Thursday said it would convene an extraordinary general meeting seeking shareholders' approval to transfer its listing from the mainboard to the catalist board of Singapore Exchange.

Nov 16, 2017

By Aastha Agnihotri

CapitaLand expands in Vietnam with S$247 mln residential project

Singapore-listed CapitaLand on Thursday announced its new S$247 million residential project in Ho Chi Minh City as the property developer strengthens its foothold in Vietnam.

Nov 16, 2017

By Aastha Agnihotri

Dream Chaser Spacecraft has first successful test flight

Sierra Nevada Corporations (SNC) Dream Chaser® spacecraft had a successful free-flight test on 11 November, 2017 at Edwards Air Force Base, with support of Nasas Armstrong Flight Research Center.

Nov 15, 2017

By Staff Reporter

Nasa

India's Sensex falls 180 points; Metal stocks plunge 4-6%

Indian shares extended fall on Wednesday, weighed down by metal stocks, as trade deficit widened to an almost 3-year high.

Nov 15, 2017

By Aastha Agnihotri

SIA flight to Istanbul turns back to Singapore after suicide attacks at Turkey airport

Singapore Airlines passenger numbers, load factor rise in October

Singapore Airlines (SIA) carried more passengers and filled a higher proportion of its seats in October, but cautioned that the operating landscape remains competitive.

Nov 15, 2017

By Aastha Agnihotri

SGX extends losses to day 4; RHT rallies 10% after Fortis offer

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.16 percent.

Nov 15, 2017

By Aastha Agnihotri

Ichiban Sushi owner RE&S Holdings to list on Catalist on Nov 22

Japanese restaurant group RE&S Holdings, which operates the brand Kuishin Bo, on Wednesday launched its initial public offering (IPO) of 38 million shares at S$0.22 a piece.

Nov 15, 2017

By Aastha Agnihotri

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