Business News

SGX pulls up Swiber Holdings over $710 mln project linked to bond defaults

Offshore vessel provider Vallianz reports 85% fall in third quarter profits

Vallianz reduced aggregate administrative expenses and finance costs in the third quarter.

Nov 14, 2016

By Jacob J

Singapore's e-commerce market to increase S$7.46 billion by 2025

MAS says will act on 'excess volatility' after Singapore dollar slides

MAS says it is ready to curb excessive volatility in the trade- weighted Singapore dollar if needed.

Nov 12, 2016

By Jacob J

India-Japan nuclear deal: Why is it termed controversial and opportunistic?

For India this is a diplomatic win over China after Beijing blocked its entry into the Nuclear Suppliers Group (NSG).

Nov 12, 2016

By Jacob J

Alibaba Singles' Day sales reach US$5b in first hour

Alibaba Singles' Day 2016: US$5 bln sales in 1st hour; know all about biggest online shopping event

Alibaba says 84 percent of sales in the first two hours were ordered through mobile devices.

Nov 11, 2016

By Samhati Bhattacharjya

New Indian currency - Denominations of Rs. 500 and Rs. 1000

India acts against black money: Social media reactions after ban on Rs 500, Rs 1000 currency notes

IBTimes SG explores some hilarious jokes and comments making waves across social media networks.

Nov 9, 2016

By Vinod Yalburgi

Facebook

Asian markets tumble as Donald Trump takes White House; gold, yen rise

Japan's Nikkei 225 lost 5.4 percent while India's Sensex benchmark index lost nearly 6 percent.

Nov 9, 2016

By Jacob J

Us presidential election

CapitaLand fourth quarter profits plunge 40%

CapitaLand reports 28 % rise in Q3 net profits

The Singapore property giant says revenue rose up 27.7 percent to S$1.4 billion.

Nov 9, 2016

By Jacob J

China exports and imports fall more than expected in July due to weakening demand

China exports fall 7.3%; Lack of commodities appetite shows manufacturing weakness has legs

While exports to the US fell 5.6 percent in October, shipments to the EU fell 8.7 percent.

Nov 8, 2016

By Jacob J

Yoma Strategic Q2 net profit soars on telecom tower gains

Earnings per share stood rose to 0.49 Singapore cents, from 0.02 cents.

Nov 8, 2016

By Jacob J

GLP reports 52% rise in Q2 net profit as China rentals rise

GLP says its lease ratio in China is 87 percent and it expects operations to remain stable there.

Nov 8, 2016

By Jacob J

Singapore Airlines takes full control of Tiger Airways

Tiger Air delisting to be effective on Tuesday as SIA privatises budget carrier

SIA crosses the 90 percent threshold needed to delist the low cost carrier.

Nov 7, 2016

By Jacob J

Singapore's GIC to invest $387 mln in Indonesian retail firm

Singapore wealth fund GIC acquires P3 Logistics for $3.7 billion

P3 Logistics owns, develops and manages 163 warehouses in Europe.

Nov 7, 2016

By Jacob J

Malaysia's Attorney-General Mohamed Apandi cleared Najib of wrongdoing

Malaysia's Najib Razak selling off his country to China?

'Some have scare mongered that Malaysia is being sold off'

Nov 5, 2016

By Jacob J

Who is Wang Jianlin, and what's behind his obsession with Hollywood assets?

Wanda's entertainment unit Wanda Cultural Industry reported a 57% rise in revenues in the first six months of 2016.

Nov 4, 2016

By Jacob J

Dutch coffee major JDE to buy and delist Singapore's Super Group in $1.45 bln deal

The deal values Singapore instant food and beverage firm at S$1.30 per share.

Nov 3, 2016

By Jacob J

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