Business News

NEC unveils first living lab facility in Singapore

NEC's first living lab facility will allow co-creation of innovative solutions in areas such as public safety, transportation, and healthcare.

Aug 4, 2017

By Kiersnerr Gerwin Tacadena

India's Nifty hovers near 10,000; Biocon slumps 6%

Indian shares fell for a third day on Friday, dragged lower by healthcare stocks such as Biocon following U.S. Food and Drug Administration's 10 observations to the company's Bangalore plant.

Aug 4, 2017

By Aastha Agnihotri

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

Singapore telco players to deploy newest data tech on National Day

StarHub mobile customers who will try the telco's latest 4G equipment.

Aug 4, 2017

By Kiersnerr Gerwin Tacadena

Earnings a drag on Singapore stocks; DBS falls

Singapore stocks fell on Friday, dragged lower by country's biggest lender DBS Group Holdings after the company flagged worries over deteriorating asset quality.

Aug 4, 2017

By Aastha Agnihotri

Here's why HongKong Land shares are near 1-year high

Property investment firm Hongkong Land Holdings reported a 148 percent surge in first-half net profit to US$3.13 billion.

Aug 4, 2017

By Aastha Agnihotri

CapitaLand's unit to pump in S$170.3 mln at Funan project

CapitaLand's unit the Ascott will be investing S$170.3 million to develop co-living space at Singapore's prime property Funan.

Aug 4, 2017

By Aastha Agnihotri

TT International requests trading halt as board mulls debt options

Consumer electronics retailer TT International on Friday requested for an immediate trading halt of its shares as it figures out its funding options.

Aug 4, 2017

By Aastha Agnihotri

SingPost profit falls as consumers opt for emails over postal mails

Singapore Post on Friday reported a 13.6 percent drop in first-quarter profit due to lower domestic mail volumes, higher costs and increased competition.

Aug 4, 2017

By Aastha Agnihotri

5 things you need to know about DBS Q2 results

Singapore's biggest lender, DBS Group Holdings, reported an 8.5 percent increase in quarterly profit, in line with market expectations.

Aug 4, 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 Noble Group share plunge to CapitaLand profit surge, get your daily dose of all the latest in the world of business right here.

Aug 3, 2017

By Aastha Agnihotri

India's Sensex drops; Lenders drag as RBI disappoints

Indian shares fell on Thursday, dragged lower by financials after the central bank cut interest rates on expected lines, but failed to provide any clues on future rate cuts.

Aug 3, 2017

By Aastha Agnihotri

Sembcorp Industries Q2 profit falls 36%

Utility services provider Sembcorp Industries profit fell 36.1 percent in the second-quarter, hurt by weak performance of its marine business.

Aug 3, 2017

By Aastha Agnihotri

SGX falls; Noble plunges after another Iceberg blow

Singapore stocks ended lower, in line with weak Asian shares as investors took a pause after equities surged to the highest level in almost 10 years.

Aug 3, 2017

By Aastha Agnihotri

Noble Group "sinking in a perfect storm", says Iceberg

Commodity trader Noble Group shares slumped after anonymous researcher Iceberg Research launched another negative report questioning company's finances.

Aug 3, 2017

By Aastha Agnihotri

Indian shares fall as lenders drop after expected rate cut

The Reserve Bank of India cut its policy rate by 25 basis points to 6 percent on Wednesday, the lowest since November 2010, in line with market expectations.

Aug 3, 2017

By Aastha Agnihotri

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