Business News

India's Sensex rises to new record as lenders advance

India shares advanced on Monday following gains in Asian equities as upbeat earnings from U.S. hi-tech giants boosted risk appetite.

Oct 30, 2017

By Aastha Agnihotri

Singapore likely to have more showers in second half of June: National Environment Agency

Ascendas REIT second-quarter DPU edges up 1.1%

Ascendas REIT, Singapore's largest listed business space and industrial real estate investment trust, on Monday reported a 1.1 percent rise in second-quarter distribution per share..

Oct 30, 2017

By Aastha Agnihotri

Singapore shares off 29-month high; OCBC rallies to record

Singapore stocks fell after a three-day rally on Monday as investors booked profits in lenders such as DBS and United Overseas Bank.

Oct 30, 2017

By Aastha Agnihotri

How P2P apps are changing the world

P2P stands for peer-to-peer, direct transfer between two people. Apps like Paypal and Venmo are popular examples of P2P technology that are revolutionizing how we deal with finances and interact on a global scale.

Oct 30, 2017

By Staff Reporter

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

Singapore plans to create 4,000 jobs in financial sector. Here's how

Singapore unveiled a plan to create more financial sector jobs as it aims to strengthen its status as a financial hub in Asia.

Oct 30, 2017

By Aastha Agnihotri

Indian shares advance; Auto index gains 1%

India shares advanced on Monday following gains in Asian equities as upbeat earnings from U.S. hi-tech giants boosted risk appetite.

Oct 30, 2017

By Aastha Agnihotri

5 things you need to know about China stocks selloff

Chinese stocks fell the most since early August on Monday, shrugging off gains in regional peers as government bond yields jumped to a three-year high.

Oct 30, 2017

By Aastha Agnihotri

Singapore stocks snap 3-day rally; OCBC extends fresh record highs

Singapore stocks fell after three-day rally on Monday as investors booked profits in lenders such as DBS and United Overseas Bank.

Oct 30, 2017

By Aastha Agnihotri

Micro-Mechanics posts record quarterly profit on Chinese demand

Precision tools maker Micro-Mechanics Holdings on Monday reported a 53 percent jump in first-quarter net profit on the back of higher revenue, growth in profit margin and a tight rein on expenses.

Oct 30, 2017

By Aastha Agnihotri

Singapore's Healthway Medical sees third-quarter loss as costs mount

Healthway Medical said it expected to report a loss for the third quarter citing challenging operating environment and increase in finance costs.

Oct 30, 2017

By Aastha Agnihotri

Ezion tries to tempt bondholders by offering refinancing protection

Ezion Holdings, a provider of offshore marine logistics services, on Monday offered bondholders protection in case its refinancing does not go as planned.

Oct 30, 2017

By Aastha Agnihotri

Raffles Medical Group Q1 profit rises 3.7%; revenue up 23%

Singapore's Raffles Medical posts 1% rise in third-quarter profit

Raffles Medical Group on Monday reported a 1 percent growth in third-quarter net profit, as lower renewal rates for expatriate plans offset higher local patient loads at the hospitals.

Oct 30, 2017

By Aastha Agnihotri

Ascott wins contracts to manage properties in Raffles Place, Citadines Rochor

CapitaLand's serviced residence business unit, the Ascott on Monday said it secured contracts to manage two properties in the Central Business District (CBD) and near the Ophir-Rochor Corridor.

Oct 30, 2017

By Aastha Agnihotri

India's Sensex extends record gains; United Spirits surges 18%

India's Sensex extended record rally on Friday following gains in Asian equities as upbeat earnings from U.S. hi-tech giants boosted risk appetite.

Oct 27, 2017

By Aastha Agnihotri

SIA Engineering to gain US$14.7 mln via Asian Compressor sale

Aircraft maintenance company SIA Engineering on Friday signed an agreement with MB Aerospace for the sale of Taiwan-based Asian Compressor Technology Services that would result in a gain of about S$14.7 million.

Oct 27, 2017

By Aastha Agnihotri

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