Business News

Pacific Radiance to initiate restructuring of S$100 mln notes

Pacific Radiance said it had commenced discussions with potential investors to raise fresh funds as part of the restructuring and has received expressions of interests from them.

Oct 17, 2017

By Aastha Agnihotri

Singapore economy expands by 1.8 per cent in Quarter 1

M1 warns on full-year profit as Q3 growth falters

M1 said it expects full-year profit to fall after the Singapore-based telcom services provider reported a near 5 percent fall in third-quarter profit, citing higher depreciation and interest expenses.

Oct 17, 2017

By Aastha Agnihotri

India's Sensex climbs 200 points; Telecom shares lead rally

India's benchmark Sensex and Nifty indices on Monday hit an all-time high after better-than-expected macroeconomic data boosted investor confidence.

Oct 16, 2017

By Aastha Agnihotri

Keppel Infrastructure posts 9% fall in quarterly profit

Keppel Infrastructure on Monday reported a near 9 percent fall in third-quarter profit.

Oct 16, 2017

By Aastha Agnihotri

Keppel DC REIT says third-quarter property income jumps 42%

Keppel DC REIT on Monday reported a 42 percent jump in third-quarter net property income, helped by in part by acquisitions.

Oct 16, 2017

By Aastha Agnihotri

Singapore economy expands by 4.6% in Quarter 3

Advanced economic estimates from the Singapore's Ministry of Trade and Industry (MTI) showed that the city-state's gross domestic product (GDP) expanded by 4.6% in the third quarter of 2017.

Oct 16, 2017

By Kiersnerr Gerwin Tacadena

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines passenger numbers, load factor rise in September

Singapore Airlines (SIA) carried more passengers and filled a higher proportion of its seats in September amidst caution that the operating landscape remains competitive.

Oct 16, 2017

By Aastha Agnihotri

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From AEM Holdings' profit guidance to Trendlines Group's investment, get your daily dose of all the latest in the world of business right here.

Oct 16, 2017

By Aastha Agnihotri

Trendlines Group says units invest in medical device start-up

Trendlines Group on Monday said units invested US$60,000 into a medical device start-up company InterVaal Pte.

Oct 16, 2017

By Aastha Agnihotri

Singapore stocks gain along with Asian peers; AEM Holdings jumps 13%

Singapore stocks gained on Monday, tracking gains in other Asian equities after U.S. inflation data underpinned optimism that the global growth is continuing at a steady pace.

Oct 16, 2017

By Aastha Agnihotri

India's Nifty rises to all-time high; Sensex above 32,600

India's benchmark Sensex and Nifty indices on Monday hits an all-time high after better-than-expected macroeconomic data boosted investor confidence.

Oct 16, 2017

By Aastha Agnihotri

Singapore stocks edge higher inline with Asian peers; lenders trade mixed

MSCI's broadest index of Asia-Pacific shares outside Japan gained for a fifth day running to its highest level since late 2007.

Oct 16, 2017

By Aastha Agnihotri

Moya Holdings Asia says Indonesian court dismisses lawsuit, shares fall 4%

Moya Holdings Asia, which designs and builds water treatment systems, on Monday said that the Indonesian Supreme Court dismissed a class action lawsuit against a unit of Moya's recent acquisition, Acuatico.

Oct 16, 2017

By Aastha Agnihotri

New microchip that converts optic data into sound waves

AEM Holdings shares climb 13%, here's why

AEM Holdings, a maker of precision engineering equipment, raised its nine months and full-year earnings outlook, citing higher sales, better profit margin, and better operational efficiency.

Oct 16, 2017

By Aastha Agnihotri

Anchor Resources says Malaysia's Lubuk Mandi mine gets approval to start ops

Gold mining company Anchor Resources on Monday said it had received government nod for the operational mining scheme at the Lubuk Mandi Mine in Malaysia.

Oct 16, 2017

By Aastha Agnihotri

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