Business News

Hong Kong shares climb as trading resumes post typhoon

Trading resumed in Hong Kong after the city's exchange was forced to cancel trading on Wednesday as Typhoon Hato slammed into the island state.

Aug 24, 2017

By Aastha Agnihotri

Chinese payment provider Alipay sets sight on Singapore market

Alibaba's Alipay is targeting to offer Singapore banking customers its platform soon with the partnership with CCPay.

Aug 24, 2017

By Kiersnerr Gerwin Tacadena

Allianz, Keppel to co-invest in Shanghai's Hongkou SOHO

Allianz said it has entered into a co-investment agreement with Singapore's Keppel Group to buy Hongkou SOHO for US$525 million.

Aug 24, 2017

By Aastha Agnihotri

Singapore's sovereign wealth fund acquires 16-acre site in India

Singapore's sovereign wealth fund GIC and Ascendas-Singbridge is making their second investment in India by transforming a 16-acre site to an IT Park.

Aug 24, 2017

By Kiersnerr Gerwin Tacadena

Boustead Projects says unit wins contract from Yusen Logistics

Boustead Projects said its unit secured a design-and-build contract from Yusen Logistics for the redevelopment of an existing logistics facility in Tuas, Singapore.

Aug 24, 2017

By Aastha Agnihotri

Keppel Corp wins $400 mln order from US firm

Singapore conglomerate Keppel Corp on Thursday said it secured order worth more than US$400 million from Honolulu-based Pasha Hawaii.

Aug 24, 2017

By Aastha Agnihotri

Metro Holdings in talks to sell 30% stake in Nanchang Top Spring

Metro Holdings said it is in talks with Beijing-based property developer H-Change for a potential sale of its 30 percent stake in Nanchang Top Spring.

Aug 23, 2017

By Aastha Agnihotri

IHH Healthcare Q2 profit rises on one-off gain

IHH Healthcare, majority owned by Malaysian sovereign wealth fund Khazanah Nasional Berhad, on Wednesday reported a 29 percent rise in quarterly net profit.

Aug 23, 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 ComfortDelGro's share surge to KrisEnergy petroleum deal, get your daily dose of all the latest in the world of business right here.

Aug 23, 2017

By Aastha Agnihotri

Indian shares advance for second day; Infosys gains

Indian shares gained for a second day on Wednesday, tracking broader Asian shares, but caution remained ahead of the global central bankers meeting later this week.

Aug 23, 2017

By Aastha Agnihotri

Singapore stocks edge lower; Jackson Hole meeting eyed

Singapore stocks edged lower on Wednesday amidst caution ahead of the global central bankers meeting later this week.

Aug 23, 2017

By Aastha Agnihotri

Singapore to launch blockchain technology for interbank payments

Singapore consumer prices inch 0.6% up in July

Singapore's consumer price index (CPI) went up slightly by 0.6%, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) announced.

Aug 23, 2017

By Kiersnerr Gerwin Tacadena

CapitaLand to unveil exclusive online mall on Lazada Singapore

With the aim of boosting its omnichannel strategy, CapitaLand seals the deal with two e-commerce players Lazada and Alibaba.

Aug 23, 2017

By Kiersnerr Gerwin Tacadena

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

OCBC inks 10-year deal with Bank of Ningbo in Singapore

OCBC Bank has signed a 10-year strategic cooperation agreement with Bank of Ningbo in China to tap the growth potential in huge banking markets of Hong Kong, Macau, and Guangdong.

Aug 23, 2017

By Kiersnerr Gerwin Tacadena

Indian shares drift higher; Fortis Healthcare gains

Indian shares edged higher for a second day on Wednesday, tracking broader Asian shares, but caution remained ahead of the global central bankers meeting later this week.

Aug 23, 2017

By Aastha Agnihotri

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