Business News

noble

Noble Group to exit remaining N. America business, cut half its workforce

Noble Group will sell its North American Gas & Power business to Mercuria Energy America for $248 million.

Jul 26, 2017

By Aastha Agnihotri

sgx

Singapore stocks drift higher ahead of Fed decision

Expectations are for policy makers to keep rates on hold.

Jul 26, 2017

By Aastha Agnihotri

Senate Republicans vote to move ahead on Obamacare repeal

Senate Republicans vote to move ahead on Obamacare repeal

The Senate voted 51-50 to start debate on Obamacare repeal. Vice President Mike Pence was forced to break the tie.

Jul 26, 2017

By Staff Reporter

amazon

Amazon eyes Southeast Asia via Singapore launch: TechCrunch

The launch could be as soon as this week.

Jul 26, 2017

By Aastha Agnihotri

US House of Representatives pass sanctions bill

US House of Representatives pass sanctions bill

he U.S. House of Representatives voted to slap more sanctions on Russia, Iran, and North Korea. The bill defies President Trumps objections to such legislation but was backed by Republicans and Democrats alike. The bill still needs to pass through the Senate before getting to the White House for Trump to sign or veto. The House-passed bill would codify into law existing sanctions on Russia. New sanctions would be imposed upon Iran for their ballistic missile development. While North Koreas shipping industry and use of slave labor would be targeted for the countrys nuclear and missile programs. The White House says President Trump has not yet considered vetoing or signing the bill into law.

Jul 26, 2017

By Staff Reporter

SIA Engineering

SIA Engineering's net profit nosedives by 81.8% to S$36.2m

According to the group, its profit attributable to owners of S$36.2m was 81.8% lower than last year's S$198.4m.

Jul 26, 2017

By Kiersnerr Gerwin Tacadena

Picture for representation

Biomed sector boosts Singapore's manufacturing output growth to 13.1%

The ever-strong electronics cluster reflected a 25.5 percent output expansion in June.

Jul 26, 2017

By Kiersnerr Gerwin Tacadena

india trader

Indian shares poised for record gains as metals shine

Cigarette maker ITC and Reliance Industries gave the biggest boost to the broad gauge.

Jul 26, 2017

By Aastha Agnihotri

trader

Singapore stocks advance for second day as lenders gain

Asian stocks steadied as investors awaited the Federal Reserve's policy decision later in the day.

Jul 26, 2017

By Aastha Agnihotri

SIA Engineering

SIA Engineering : Q1 Earnings Takeaways

Net profit attributable to equity owners plunged 81.8 percent.

Jul 26, 2017

By Aastha Agnihotri

gold

CNMC Goldmine warns on Q2 profit, shares slump 10%

The company expects to announce its results for the three months ended June 30 on or before August 14.

Jul 26, 2017

By Aastha Agnihotri

Suntec REIT

Suntec REIT Q2 DPU slips, to buy 50% in prime Melbourne property

Suntec will acquire a 50 percent stake in Olderfleet, 477 Collins Street.

Jul 26, 2017

By Aastha Agnihotri

Yoma Strategic

Yoma Strategic Q1 profit climbs; aims 22 KFC stores by fiscal-end

Net profit attributable to shareholders rose to S$2.8 million in the three months ended June 3.

Jul 26, 2017

By Aastha Agnihotri

trader

Market Round-Up: What did you miss?

The Straits Times Index gained 0.53 percent or 18 points to end at 3,328.

Jul 25, 2017

By Aastha Agnihotri

justin beiber

Justin Bieber cancels Singapore concert without reason

Bieber also canceled the remainder of his "Purpose" world tour without specifying any reason.

Jul 25, 2017

By Aastha Agnihotri

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