Business News

Best World jumps 16% after founder bumps up stake

Skincare products maker Best World International surged as much as 16 percent on Friday after company's founder bought shares.

Aug 18, 2017

By Aastha Agnihotri

India's Sensex slips 200 points; CEO Sikka quits Infosys

Indian shares snapped three-day gains on Friday, dragged lower by index heavyweight Infosys after Vishal Sikka resigned as its chief executive officer.

Aug 18, 2017

By Aastha Agnihotri

SGX falls along with global stocks on Trump woes

Singapore fell as much as 0.6 percent on Friday, extending losses for a fourth day, as financials and industrials lost ground.

Aug 18, 2017

By Aastha Agnihotri

Sembcorp raises stake in India renewable energy business to 72%

Singapore based conglomerate Sembcorp Industries said it has increased its stake in India-focused renewable energy business to 72 percent for S$21.4 million.

Aug 18, 2017

By Aastha Agnihotri

Croesus Retail Trust quarterly DPU rises

Japanese mall owner Croesus Retail Trust on Friday reported an 18.2 percent increase in quarterly distribution per unit, helped by higher sales.

Aug 18, 2017

By Aastha Agnihotri

Genting Hong Kong first-half loss widens as costs surge

Cruise ships operator Genting Hong Kong reported a higher loss in the first-half, hurt by increased operating expenses and fuel costs.

Aug 18, 2017

By Aastha Agnihotri

SGX to probe into valuation practices by listed issuers

Singapore Exchange and Singapore Institute of Surveyors and Valuers will be forming a committee that will review valuation practices by listed issuers.

Aug 18, 2017

By Kiersnerr Gerwin Tacadena

Planning to invest in REITs? SGX got your back

Singapore Exchange (SGX) and the Singapore Institute of Surveyors and Valuers will jointly review valuation practices carried out by real estate valuers.

Aug 18, 2017

By Aastha Agnihotri

Singtel to invest S$2.47b to buy stakes in InTouch, Bharti Telecom

Singtel rolls out support campaign for Singapore athletes in SEA Games 2017

Singtel rolls out its Power On campaign for Singapore athletes like Joseph Schooling who will be competing in SEA Games 2017.

Aug 18, 2017

By Kiersnerr Gerwin Tacadena

Market Round-Up: What did you miss? 17 August, 2017

A quick look at all the market moving events and big financial news of the day. From Keppel Corp's stake sale to Creative Technology's lawsuit victory, get your daily dose of all the latest in the world of business right here.

Aug 17, 2017

By Aastha Agnihotri

Huawei

India's Nifty reclaims 9,900; Infosys climbs on buyback plan

Indian shares ended little changed on Thursday as gains in software makers following share buyback proposal by Infosys were tempered by selling in autos and bank stocks.

Aug 17, 2017

By Aastha Agnihotri

SGX falls for third day as lenders, energy stocks drag

Singapore shares fell for a third session on Thursday, dragged lower by lenders and energy stocks such as United Overseas Bank and Keppel Corp.

Aug 17, 2017

By Aastha Agnihotri

Huawei

MAS issues prohibition orders on former OCBC trader

The Monetary Authority of Singapore (MAS) on Thursday issued two prohibition orders against a former Oversea-Chinese Banking Corp trader for carrying out unauthorised share trades.

Aug 17, 2017

By Aastha Agnihotri

Indian shares tread water; Infosys climbs on buyback plan

Indian shares were little changed on Thursday as gains in software makers following share buyback proposal by Infosys were tempered by selling in autos and bank stocks.

Aug 17, 2017

By Aastha Agnihotri

Singapore stocks fall for third day; banks, energy shares lag

Singapore shares fell for a third session on Thursday, dragged lower by lenders and telecom stocks such as United Overseas Bank and Singtel.

Aug 17, 2017

By Aastha Agnihotri

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