Business News

Singapore's Great Eastern eyeing US$1 bln stake sale in Malaysian units: report

Life insurance company Great Eastern Holdings is mulling to divest its stake in Malaysia operations for US$1 billion, the Wall Street Journal reported on Tuesday.

Sep 20, 2017

By Aastha Agnihotri

Singapore stocks drift lower ahead of Fed policy decision

Singapore stocks edged lower on Wednesday, as investors braced for caution ahead of the Federal Reserve monetary policy policy later in the day.

Sep 20, 2017

By Aastha Agnihotri

Perennial-Yanlord ordinary share offer for United Engineers lapses

The takeover offer by Perennial-Yanlord consortium for the ordinary shares of United Engineers (UE) lapsed on Tuesday as there were few takers.

Sep 20, 2017

By Aastha Agnihotri

ST Engineering injects S$7.8 mln in U.S.-based cyber security startup

ST Engineering said it invested US$5.8 million (about S$7.8 million) for a minority stake in U.S.-based cyber security provider Janus Technologies Inc.

Sep 20, 2017

By Aastha Agnihotri

Indian shares subdued; Tata Motors rallies on report owner boosting stake

Indian shares ended little changed on Tuesday as investors braced for caution ahead of the Federal Reserve monetary policy meeting.

Sep 19, 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 Rowsley's new CEO appointment to Keppel Land's acquisition, get your daily dose of all the latest in the world of business right here.

Sep 19, 2017

By Aastha Agnihotri

Keppel Land buys prime property in Indonesia for S$60 mln

Singapore's Keppel Land, a unit of conglomerate Keppel Group, on Tuesday said it acquired a prime site in Jakarta's central business district for 586 billion Indonesian rupiah (about S$60 million).

Sep 19, 2017

By Aastha Agnihotri

Singapore stocks weaken ahead of Fed meet; ComfortDelGro falls

Singapore stocks edged lower on Tuesday, dragged lower by financials, industrials and amidst caution ahead of the Federal Reserve monetary policy meeting.

Sep 19, 2017

By Aastha Agnihotri

Aung San Suu Kyi breaks silence on Rohingya crisis

In an televised address Aung San Suu Kyi condemned all human rights violations in regards to the violent clashes in the Rakhine state that has seen over 400,000 minority Rohingya flee to Bangladesh. The defacto leader had previously been criticised for not speaking out. She stated she did not fear international scrutiny and wanted to find out why the Rohingya were leaving. Suu Kyi said she was committed to the restoration of peace and stability and the rule of law.

Sep 19, 2017

By Staff Reporter

Toys R Us files for bankruptcy

The largest toy store chain in the US, Toys R Us, has filed for bankruptcy protection. The chain has been facing pressure from online retailers and discount stores in recent years, and this latest move casts doubt on the future of thousands of staff, and their stores across the US and Canada.

Sep 19, 2017

By Staff Reporter

Indian shares volatile as focus shifts to Fed meet

Indian shares swung between gains and losses on Tuesday on caution ahead of the Federal Reserve monetary policy meeting.

Sep 19, 2017

By Aastha Agnihotri

Singapore's central bank inks fintech deal with Malaysia

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) have inked a deal to strengthen their fintech ties.

Sep 19, 2017

By Peter Del Rosario

SGX commences trading under iron ore futures indices

A statement by the SGX said SGX Iron Futures Indices is a suite of inverse and leveraged indices calculated off the SGX TSI Iron Ore CFR China Index Futures.

Sep 19, 2017

By Peter Del Rosario

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

Singapore: Stellar electronics sector boosts non-oil domestic exports in August

Singapore's non-oil domestic exports have seen a stronger improvement in August than it had in the preceding month registering a 17 percent expansion

Sep 19, 2017

By Peter Del Rosario

SGX wobbles ahead of Fed meet; ComfortDelGro drops

Singapore stocks edged lower on Tuesday, dragged lower by financials, industrials and amidst caution ahead of the Federal Reserve monetary policy meeting.

Sep 19, 2017

By Aastha Agnihotri

Prev 379 380 381 382 383 384 385 386 387 388 Next