Business News

India shares retreat from record highs; Reliance Industries falls over 2%

India shares fell on Tuesday as investors took a pause after indexes hit record highs in the previous session.

Nov 7, 2017

By Aastha Agnihotri

Singapore stocks hit over 2-year high; DBS climbs 4%

Wall Street ended Monday higher with all three equity indices closing at record highs on talks about potential merger activity, and speculations about Republicans cutting corporate taxes, that would boost earnings.

Nov 7, 2017

By Aastha Agnihotri

5 things you need to know about Razer IPO

Gaming hardware maker Razer Inc is eyeing for a Hong Kong initial public offering that could value the company at as much as $5 billion.

Nov 7, 2017

By Aastha Agnihotri

Vallianz Holdings Q2 profit skyrockets, shares surge

Vallianz Holdings, a provider of offshore support vessels to the oil and gas industry, said profit surged by more than 400 percent in the second quarter.

Nov 7, 2017

By Aastha Agnihotri

OCBC first Singapore lender to launch face ID recognition for mobile app

OCBC Bank's retail and business banking customers can now log into the bank's app via their Apple iPhone X.

Nov 7, 2017

By Aastha Agnihotri

Genting Singapore reports Q4 loss of S$7.8 million

Genting Singapore Q3 profit jumps 24%; shares gain

Casino operator Genting Singapore said third-quarter net profit jumped 24 percent from last year, powered by continued strength at its gaming business.

Nov 7, 2017

By Aastha Agnihotri

Singapore "haze" crisis improves, returns to moderate range

Ascendas Hospitality quarterly DPS gains 2.9%

Hotel owner Ascendas Hospitality Trust on Monday reported a 2.9 percent rise in second-quarter distribution per stapled security (DPS), helped by growth in revenue and lower finance costs.

Nov 6, 2017

By Aastha Agnihotri

Singapore shares end lackluster as DBS earnings disappoint

Singapore stocks closed little changed on Monday, dragged lower by DBS Bank after city-state's largest lender reported a profit fall but gains in other regional markets kept losses in check.

Nov 6, 2017

By Aastha Agnihotri

Indian shares pause after recent rally; Asia sluggish

India shares were little changed on Monday as investors took a pause after indexes hit record highs last week.

Nov 6, 2017

By Aastha Agnihotri

Indian cities led by Bengaluru among cheapest to live in: EIU survey

New Delhi, Mumbai, Chennai and Bengaluru are among the 10 cheapest cities in the world to live in, according to the Economist Intelligence Unit's Worldwide Cost of Living 2017 report released on Monday.

Nov 6, 2017

By Aastha Agnihotri

Singapore shares lose steam; DBS extends losses as Q3 disappoints

Singapore stocks fell on Monday, dragged lower by DBS Bank after city-state's largest lender reported a profit fall amidst increased provisioning for bad loans.

Nov 6, 2017

By Aastha Agnihotri

singapore not to withdra foreign worker levy

Singapore ranked world's most expensive city for 4th straight year: EIU survey

Singapore has emerged as the world's most expensive city to live in for the fourth consecutive year, narrowly edging past its rivals, a report by the Economist Intelligence Unit (EIU) showed on Monday.

Nov 6, 2017

By Aastha Agnihotri

Singapore to cut off internet access for gov't workers from 2017

Keppel Data Centres partners with SGIX to boost Singapore's network connectivity

Keppel Data Centres on Monday announced a partnership with the Singapore Internet Exchange Ltd (SGIX) to enhance network connectivity in Singapore.

Nov 6, 2017

By Aastha Agnihotri

Singapore: Police arrest 6 men for selling counterfeit items, 45 fake gold bars seized

CNMC Goldmine starts trial production at Malaysia's Sokor gold field

Gold producer CNMC Goldmine Holdings on Monday said it completed the construction of its carbonin-leach (CIL) plant at its Sokor gold field in Kelantan, Malaysia.

Nov 6, 2017

By Aastha Agnihotri

Toast Box owner BreadTalk Q3 profit rises 22.2%

Food and beverage maker BreadTalk Group on Monday reported a 22.2 percent jump in third-quarter profit as the group continued its focus on profitable segments while exiting underperforming businesses.

Nov 6, 2017

By Aastha Agnihotri

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