Business News

Singapore stocks climb to over 8-week high; SPH gains

Asian stocks were near a decade high on Thursday, riding the bull run in global equity markets, while the dollar sagged.

Oct 12, 2017

By Aastha Agnihotri

Singapore Telcos will no longer provide 2G mobile services from April 2017

M1 joins rival telcos in rolling out unlimited data plan

M1 on Thursday unveiled its new 2-year SIM-only plans as the telecom firm grows in its efforts to tap data hungry customers.

Oct 12, 2017

By Aastha Agnihotri

Singapore's Deputy Prime Minister Teo Chee Hean

ASEAN to boost transport markets' integration efforts

ASEAN members will be signing a pact on cross-border transport and will further efforts to integrate regional air and shipping markets.

Oct 12, 2017

By Kiersnerr Gerwin Tacadena

Indian shares gain along with Asia; Sun Pharma advances

Indian shares gained on Thursday, tracking Asian shares following all-time highs for the U.S. stocks after minutes showed caution at the Federal Reserve over the timing of future rate hike.

Oct 12, 2017

By Aastha Agnihotri

Singapore stocks join global rally as Fed seen dovish; SPH climbs

Singapore stocks joined global stock rally on Thursday following all-time highs for the U.S. stocks after minutes showed caution at the Federal Reserve over the timing of future rate hike.

Oct 12, 2017

By Aastha Agnihotri

Singapore monetary policy on Oct 13: Here's what to expect

Private sector economists expect Singapore's growth to quicken to 3.1 percent in the three months to September, according to an analyst poll.

Oct 12, 2017

By Aastha Agnihotri

Indiabulls Real Estate plans to delist Singapore unit via S$306 mln offer

Property developer Indiabulls Real Estate offered to buy remaining stake in its Singapore unit Indiabulls Properties Investment Trust (IPIT) for about S$306 million (about 1,500 crore rupees).

Oct 12, 2017

By Aastha Agnihotri

SIIC Environment gets nod for expansion, upgrading of Wuhan water plant

SIIC Environment on Thursday said it got approval from local authorities for commercial operations in the expansion and upgrading of a water plant in Wuhan, China.

Oct 12, 2017

By Aastha Agnihotri

United Overseas Bank prices its US$650 mln perpetual securities

United Overseas Bank on Thursday said it would price its US$650 million of 3.875 percent perpetual capital securities at an initial spread of 179.4 basis points above the five-year U.S. dollar swap rate.

Oct 12, 2017

By Aastha Agnihotri

5 things to know about Singapore Press Holdings results

Shares in Singapore Press Holdings rose as much as 2.2 percent to S$2.75 in Thursday morning trading.

Oct 12, 2017

By Aastha Agnihotri

Singapore Press Holdings full-year profit rises, accelerates job cuts

Singapore Press Holdings (SPH) on Wednesday reported a 32 percent rise in full-year net profit, helped in part by divestment and fair value gains.

Oct 11, 2017

By Aastha Agnihotri

Indian shares snap 7-day rally; SBI, Tata Motors drop

Indian shares snapped seven-day rally on Wednesday as investors booked profits in recent outperformers such as State Bank of India.

Oct 11, 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 Spackman Entertainment's Korean acquisition to Singtel's collaboration with Ericsson, get your daily dose of all the latest in the world of business right here.

Oct 11, 2017

By Aastha Agnihotri

Singapore stocks drift lower as lenders drag

Singapore stocks edged lower on Wednesday, dragged lower by financial shares such as DBS Group even as Asian equities trading near decade highs on easing Catalan worries.

Oct 11, 2017

By Aastha Agnihotri

Singtel joins forces with Ericsson to spearhead 5G revolution in Singapore

Singtel on Wednesday said it would collaborate with Swedish telecoms equipment provider Ericsson to launch a center of excellence (CoE) to facilitate 5G development and deployment in Singapore.

Oct 11, 2017

By Aastha Agnihotri

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