International Business Times, Singapore Edition

Business News

Noble Group looks to raise $2.5 billion to refinance debt

Noble shares hit 52-week low; down for second day

Shares in Noble Group fell as much as 4 percent to S$0.24 on Monday after the embattled commodity trader reported a third-quarter loss of $1.17 billion last week and warned that the operating environment remains challenging.
Nov 13, 2017
By Aastha Agnihotri
Aspen

Property developer Aspen's quarterly profit zooms 2218%

Malaysian property developer Aspen Group Holdings, which listed on the SGX earlier this year, on Friday reported a surge in third-quarter profit, powered by higher revenue from ongoing property development projects .
Nov 10, 2017
By Aastha Agnihotri
sgx

Singapore stocks edge lower; Noble Group falls 7%

Singapore stocks edged slightly lower on Friday, tracking weakness in other regional markets but gains in China-based Yangzijiang Shipbuilding after it posted a 208 percent jump in third-quarter profit kept losses in check.
Nov 10, 2017
By Aastha Agnihotri
This is how you can fly all you want on a private jet

This is how you can fly all you want on a private jet

Surf Air is a new subscription-based commuter airline that offers unlimited flight service for a fixed monthly fee. Members can book a ticket via an app and arrive at a private terminal just 15 minutes before take off. The airline connects passengers across California and recently launched its network in Europe.
Nov 10, 2017
By Staff Reporter
nifty

Indian shares lackluster; Larsen & Toubro climbs 4%

India shares were little changed on Friday, led by gains in engineering firm Larsen and Toubro after order win but sentiment remained subdued due to weakness in other regional markets.
Nov 10, 2017
By Aastha Agnihotri
SembCorp industries posts 56% drop in third quarter profits

SembMarine eyes S$665.8 mln contract from Norwegian oil major Statoil

Sembcorp Marine on Friday said its unit Sembcorp Marine Rigs & Floaters has signed a letter of intent with Norwegian oil and gas company Statoil for an engineering, procurement and construction contract estimated at US$490 million (S$665.8 million).
Nov 10, 2017
By Aastha Agnihotri
noble

Noble Group plunges 11% in heavy trading as liquidity worsens

Shares in Noble Group fell as much as 11 percent to S$0.24 on Friday after the embattled commodity trader reported a third-quarter loss of $1.17 billion and warned that the operating environment remains challenging.
Nov 10, 2017
By Aastha Agnihotri
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