South Korean fraud in Swiss firm ABB to cost $100 pre-tax charge for firm It was estimated the loss was equivalent to roughly 4% of ABB's 2016 net profit of $1.96 billion. Feb 22, 2017By Boby Michael
DBS says Q4 net drops 9% as more funds kept aside for bad loans, full year net down 2%, shares up The DBS has proposed a final dividend of 30 Singapore cents a share and for a full-year dividend of 60 Singapore cents. Feb 16, 2017By Boby Michael
SingPost shares plunge 7% over TradeGlobal impairment fears SingPost shares fall to S$1.365, the lowest level since August 31, with more than 35.1 million shares traded. Feb 13, 2017By Jacob J
Singapore Airlines orders 39 Boeing aircraft for $19.5 billion The delivery of the new aircraft will start from 2020. Feb 10, 2017By Jacob J
Global Logistic's third quarter net profit tumbles The dip in net earnings to $363m (US$256.1m) was due largely to a one-time US syndication gain last year. Feb 9, 2017By Jacob J
Singapore Airlines 3rd quarter net profit tumbles 36% on Tiger write-down Earnings per share (EPS) for the third quarter was marked at 15 cents, down from 23.6 cents a year earlier. Feb 8, 2017By Jacob J
AECOM to design Singapore-Kuala Lumpur HSR: LTA The estimated delivery date for the S$24.6 million worth contract is Oct 1, 2018. Feb 8, 2017By Boby Michael
Singapore's SGX wooing Saudi Aramco on secondary listing after IPO - Report Ahead of the planned IPO, Saudi Aramco is in the market for raising $10 billion in its first bond sale. Feb 7, 2017By Jacob J
Ezra Holdings shares plunge to record low after $239.3 mln ECS writedown Ezra Holding shares dropped to 3.2 Singapore cents even as 190 million shares were traded on the SGX. Feb 6, 2017By Jacob J
Trump enacts fresh sanctions on Iran to punish its ballistic missile program The US Treasury Department said it has enacted new sanctions on 25 firms or individuals connected to Iran's ballistic missile program. Feb 4, 2017By Boby Michael
China's JAC to build cars in Mexico as Trump threat weighs on US carmakers Mexico manufactured 3.5 million light vehicles in 2016, a 67 percent rise from 2008. Feb 3, 2017By Jacob J
Grab will invest $700 mln in Indonesia in race against Uber, Go-Jek The ride hailing company also said it will hire 150 engineers for its Jakarta research center by 2019. Feb 2, 2017By Jacob J
Singapore wealth fund GIC acquires Wall Street tower for $1.48 bln The 47-storey office tower of 1.6 million sqft is located 60 Wall Street. Jan 25, 2017By Jacob J
Blackstone, Warburg Pincus and Chinese group in fray to take over Global Logistics – Report Singapore's state investment firm GIC holds 37 percent in the warehouse company in GLP. Jan 13, 2017By Jacob J
Ambition or PR gambit? Alibaba's Jack Ma pledges to become biggest employer in US The office of the US Trade Representative put Alibaba's electronic sales platform Taobao on a blacklist last month. Jan 11, 2017By Jacob J