Business News

For investors, could diamonds be the new gold?

When investors think of safe havens, the most obvious options that come to their mind are gold, treasuries or certain currencies such as the yen and Swiss franc.

Oct 10, 2017

By Aastha Agnihotri

Thailand rejects Singapore's request to extradite Holland Village bank robbery suspect

Singapore's financial regulator probing StanChart US$1.4 bln transfer: report

The Monetary Authority of Singapore is looking at the issues Standard Chartered is under investigation for and will take firm action against any financial institution that breaches money laundering rules, Financial Times reported.

Oct 10, 2017

By Aastha Agnihotri

Jason Marine sees first-half loss as weak oil prices, competition weigh

Jason Marine, which provides marine communications and navigation systems, said it expects to report a net loss in the first half.

Oct 10, 2017

By Aastha Agnihotri

Singapore: Sales of new private homes rises in July

SPH REIT Management fourth-quarter DPU rises

Real estate investment trust SPH REIT Management reported an increase in fourth-quarter distribution per unit and gross revenue.

Oct 10, 2017

By Aastha Agnihotri

Indian shares rally for sixth day on global cues

Indian shares rose for a sixth straight session on Monday, tracking gains in Asian equities amidst global growth optimism.

Oct 9, 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 City Developments' offer for Millennium & Copthorne Hotels to Sembcorp Marine's sale of rigs, get your daily dose of all the latest in the world of business right here.

Oct 9, 2017

By Aastha Agnihotri

Singapore's Boustead Projects secures contracts worth S$56 mln

Engineering services provider Boustead Projects on Monday said its unit Boustead Projects E&C Pte secured S$56 million of contracts in Singapore.

Oct 9, 2017

By Aastha Agnihotri

Singapore stocks halt after clocking best week in nine months

Singapore stocks ended little changed on Monday as investors took a back-seat after the index posted its best weekly advance since January in the previous session.

Oct 9, 2017

By Aastha Agnihotri

Lazada to launch online revolution shopping event

Lazada is launching another instalment of Online Revolution, expected to be the biggest online shopping event this year in Southeast Asia.

Oct 9, 2017

By Kiersnerr Gerwin Tacadena

City Developments offers to buy London-listed M&C for $2.35 bln

Property developer City Developments on Monday offered to buy the remaining shares in its London-listed hotel arm Millennium & Copthorne (M&C) Hotels for 1.8 billion pounds ($2.35 billion).

Oct 9, 2017

By Aastha Agnihotri

Why Amazon won't beat retailers in Singapore

Amazon's entry in Singapore should not send shivers down the spine of local retailers are Singaporeans still prefer shopping in stores.

Oct 9, 2017

By Kiersnerr Gerwin Tacadena

Singapore: OCBC alerts public on rising phone scams impersonating the bank

OCBC, StarHub ink first bank-telco deal in Singapore

OCBC Bank and StarHub inked the first telco-bank partnership in Singapore to further boost their services to customers.

Oct 9, 2017

By Kiersnerr Gerwin Tacadena

Indian shares extend gaining streak to day six

Asian stocks rose amid optimism on global growth while political uncertainty caused turbulence for the Turkish and British currencies.

Oct 9, 2017

By Aastha Agnihotri

City Developments requests trading halt pending announcement

Property developer City Developments on Monday requested for a trading halt pending the release of an announcement.

Oct 9, 2017

By Aastha Agnihotri

Donald Trump faces financial setback: Scottish Golf resorts suffer heavy losses

Oil price crash and currency costs are considered the major reasons behind the losses at Donald Trump's golf courses

Oct 9, 2017

By Nirmal Narayanan

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