Business News

Singapore stocks gain on PMI boost but sentiment dour

Singapore stocks edged higher on Tuesday after data showed factory activity in August rose at the fastest pace in nearly three years, but the escalating geopolitical tensions kept many investors on edge.

Sep 5, 2017

By Aastha Agnihotri

Grab offers huge discounts to tempt cabbies from ComfortDelGro

Ride-hailing firm Grab has launched what it calls "huge rental discounts" to woo customers from Singapore's largest taxi company, ComfortDelGro.

Sep 5, 2017

By Aastha Agnihotri

Yamada Green seeks time extension to file results

Mushroom production company Yamada Green Resources said it has applied for an extension of time to release fiscal results and to hold its annual genenal meeting following a fire accident.

Sep 5, 2017

By Aastha Agnihotri

Fragrance Group buys iconic 300-year old Crown Hotel in Britain

Property developer Fragrance Group said it has acquired the 300-year hold Crown Hotel in United Kingdom for 7.2 million sterling.

Sep 5, 2017

By Aastha Agnihotri

Embattled EMAS Offshore unveils potential investors

Singapore-listed EMAS Offshore, a unit of Ezra Holdings, said it has found potential investors who have agreed to pump-in US$50 million in the beleaguered firm.

Sep 5, 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 SBI Offshore's CFO exit to Manulife U.S. REIT's rights issue, get your daily dose of all the latest in the world of business right here.

Sep 4, 2017

By Aastha Agnihotri

Indian shares decline as North Korea tensions escalate

Indian shares fell on Monday in line with Asian markets, as investors dumped riskier assets following North Korea's latest nuclear test.

Sep 4, 2017

By Aastha Agnihotri

Singapore stocks dive 1.4% on N. Korea missile jitters

Singapore stocks snapped four-day gains on Monday, dragged lower by lenders such as OCBC amidst weak global risk appetite following North Korea's latest nuclear test.

Sep 4, 2017

By Aastha Agnihotri

Indian shares fall along with Asia on North Korea worries

Indian shares fell on Monday in line with Asian markets, as investors dumped riskier assets following North Korea's latest nuclear test.

Sep 4, 2017

By Aastha Agnihotri

SGX snaps 4-day rally on North Korea missile test

On Monday, news agency Yonhap reported North Korea was seen to be making preparations for another ballistic missile launch, possibly of ICBM-class.

Sep 4, 2017

By Aastha Agnihotri

SBI Offshore CFO quits, leaving another gap at top

In another major management departure, Catalist-listed SBI Offshore said Amy Soh Wai Ling has tendered her resignation as the company's chief financial officer.

Sep 4, 2017

By Aastha Agnihotri

China Everbright Water wins S$303.6 mln PPP project

Wastewater treatment firm China Everbright Water said its consortium has won the Nanning Shuitang River Integrated Restoration Public-Private Partnership Project in Guangxi Zhuang Autonomous Region.

Sep 4, 2017

By Aastha Agnihotri

Keppel Land CEO leaves after over 26 years of service

Singaporean conglomerate Keppel Corp said its property arm Keppel Land's chief executive officer will be leaving the company after more than 26 years of service.

Sep 4, 2017

By Aastha Agnihotri

Manulife to raise $208 mln via rights issue to fund prime waterfront property in U.S.

Manulife U.S. Real Estate Investment Trust said it would undertake a rights issue to raise US$208 million to fund its the proposed acquisition of an office building in New Jersey.

Sep 4, 2017

By Aastha Agnihotri

Indian shares post third weekly gain; Dr Reddy's soars

Indian shares posted their third weekly gain on Friday, led by drug makers such as Dr. Reddy's and Sun Pharma and amidst positive global cues.

Sep 1, 2017

By Aastha Agnihotri

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