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Singapore's Fragrance Group posts 30% jump in third-quarter profit

Property developer Fragrance Group on Thursday reported a 30 percent increase in net profit for the third quarter, boosted by increased contribution from its property development segment.

Nov 9, 2017

By Aastha Agnihotri

Noble Group looks to raise $2.5 billion to refinance debt

Noble Group posts US$1.2 bln loss in Sept-quarter

Embattled commodity trader Noble Group on Thursday reported a quarterly loss that was in line with the range warned of last month.

Nov 9, 2017

By Aastha Agnihotri

Keppel-KBS U.S. REIT gains 2% in trading debut on SGX

Shares in Keppel-KBS U.S. commercial real estate investment trust (REIT) rose as much as 1.7 percent to US$0.895 in trading debut on Thursday.

Nov 9, 2017

By Aastha Agnihotri

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

Ex-OCBC banker charged with forging loans worth S$8 mln

Paul Liew Ziguang, a former mortgage specialist at OCBC Bank, was charged with forging loans amounting to S$8 million on Thursday.

Nov 9, 2017

By Aastha Agnihotri

Keppel-KBS U.S. REIT raises S$753 mln in oversubscribed IPO

The initial public offering (IPO) of Keppel-KBS U.S. commercial real estate investment trust (REIT) received strong demand from both institutional and retail investors.

Nov 9, 2017

By Aastha Agnihotri

5 things to watch out for in Noble Group results

Noble Group results will be in the spotlight on Thursday as the commodities trader prepares to unveil a massive quarterly loss, hit by one-time charges.

Nov 9, 2017

By Aastha Agnihotri

Singtel quarterly profit soars 197% on divestment gains; to pay special dividend

Singapore Telecommunications on Thursday reported a 197 percent surge in second-quarter profit, boosted by gains from the divestment of 75.2 percent of its stake in NetLink Trust in July this year.

Nov 9, 2017

By Aastha Agnihotri

Boustead Projects Q2 profit rises 31% on cost savings

Engineering services provider Boustead Projects on Wednesday reported a 31 percent rise in second-quarter profit, helped by improved gross margin and cost savings.

Nov 8, 2017

By Aastha Agnihotri

NASA plans to revolutionise the aircraft industry with this new concept

Nasas Advanced Air Transport Technology Project is working on new tech that can provide commercial aircraft with better efficiency with less noise and fewer emissions.

Nov 8, 2017

By Staff Reporter

U.S. brokerage Charles Schwab opens first Singapore office

NYSE-listed global wealth manager and brokerage firm Charles Schwab on Wednesday said it would open its Singapore office.

Nov 8, 2017

By Aastha Agnihotri

Twitter expands to 280-character tweets starting today

Microblogging website Twitter Inc said it would expand to 280 characters tweets to users across the world.

Nov 8, 2017

By Aastha Agnihotri

ST Engineering quarterly profit climbs 67%

Singapore Technologies Engineering on Wednesday reported a 67 percent jump in the third-quarter net profit due to the absence of a one-off charge incurred in the same period last year.

Nov 8, 2017

By Aastha Agnihotri

CapitaLand fourth quarter profits plunge 40%

CapitaLand Q3 profit rises on portfolio, fair value gains

Realty company CapitaLand on Wednesday reported a 28 percent rise in third-quarter profit, helped by fair value and portfolio gains.

Nov 8, 2017

By Aastha Agnihotri

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines second-quarter profit surges 193%

Singapore Airlines on Tuesday said its second-quarter net profit jumped about 193 percent, helped by strong performance of Parent Airline and SIA Cargo.

Nov 7, 2017

By Aastha Agnihotri

Perennial Real Estate profit soars in third-quarter

Perennial Real Estate Holdings on Tuesday reported a surge in third-quarter profit, boosted by share of results from its associated company, Yanlord Perennial Investment, which launched an offer for United Engineers.

Nov 7, 2017

By Aastha Agnihotri