Company News – Latest Companies news and Analysis IBTimes Singapore

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

Regulators say Swiber failed to "to provide a balanced and fair announcement" for the $710 million project.

Nov 1, 2016

By Jacob J

Hyundai Heavy, Daewoo Shipbuilding and Samsung Heavy job cuts

South Korea in last-ditch effort to rescue sinking shipbuilders

The government will order more than 250 vessels and offer about 6.5 trillion won in financing.

Nov 1, 2016

By Jacob J

EMAS offshore reports full-year loss; warns of write downs, grim outlook

EMAS reports full-year loss of S$137.2 million and quarterly loss of S$98.5 million.

Oct 31, 2016

By Jacob J

Singapore's DBS among banks in bid to buy Barclays' Asian wealth unit

DBS says acquiring ANZ Bank's Asia wealth, retail business

Earlier this year, OCBC Bank beat DBS in the race for Barclay's wealth businesses in Singapore and Hong Kong.

Oct 31, 2016

By Jacob J

SembCorp industries posts 56% drop in third quarter profits

SembCorp posted a Q3 net profit of S$53.9 million, down from S$122.3 million a year ago.

Oct 28, 2016

By Jacob J

SingPost shares rise 7% to hit 2-year high after Alibaba raises stake

SingPost says Alibaba will invest S$86.2 million in its company's logistics unit.

Oct 28, 2016

By Jacob J

OCBC says will keep firm grip on cost after reporting 5% rise in Q3 net profit

Net profit for OCBC was S$943 million in the quarter ended September,

Oct 27, 2016

By Jacob J

Global shipbuilders brace for earnings pain; more job cuts loom

Samsung, Hyundai and Daewoo lost a combined $8.1 billion since the oil price crash in mid-2014.

Oct 26, 2016

By Jacob J

SembCorp signs long-term power supply deal with Myanmar

Sembcorp reports net loss in 3rd quarter, cuts 8,000 jobs and freezes salaries

'Higher financing costs, customers deferring rig deliveries and losses from associates affected bottomline'

Oct 26, 2016

By Jacob J

CapitaLand sets up $2 billion Raffles China investment vehicle

Raffles vehicle will help Singapore's' largest developer reach the target of S$10 billion in investments by 2020.

Oct 25, 2016

By Jacob J

AirAsia alerts public on online scam claiming to give free flight tickets

AirAsia offers up to 50% discount on flights: Check details

The passengers travelling long-haul can avail the discounts while purchasing the award-winning Premium Flatbed products of AirAsia X.

Oct 24, 2016

By Samhati Bhattacharjya

Temasek hires Goldman executive to ramp up North America business

Singapore's Temasek invests $350 mln in China health sector JV

Bain Capital invested $150 million in Chian health sector through Asia Pacific Medical Group.

Oct 20, 2016

By Jacob J

Germany's Evonik to set up second methionine plant on Jurong Island

The new plant will create more than 150 new jobs, the company said.

Oct 19, 2016

By Jacob J

ST engineering writes down $61 mln; production at China JV halted

ST Engineering says its electronics and aerospace arms win multi-million dollar contracts.

Oct 18, 2016

By Jacob J

Billionaire James Packer says concerned over arrest of 18 Crown staff

Arrest of Crown staff: China wants stiffer control over gaming in Macau

Crown staff were arrested in raids in Shanghai, Beijing, Guangzhou and Chengdu.

Oct 18, 2016

By Jacob J

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India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

By Danish Manzoor

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Company News – Latest Companies news and Analysis IBTimes Singapore

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

South Korea in last-ditch effort to rescue sinking shipbuilders

EMAS offshore reports full-year loss; warns of write downs, grim outlook

DBS says acquiring ANZ Bank's Asia wealth, retail business

SembCorp industries posts 56% drop in third quarter profits

SingPost shares rise 7% to hit 2-year high after Alibaba raises stake

OCBC says will keep firm grip on cost after reporting 5% rise in Q3 net profit

Global shipbuilders brace for earnings pain; more job cuts loom

Sembcorp reports net loss in 3rd quarter, cuts 8,000 jobs and freezes salaries

CapitaLand sets up $2 billion Raffles China investment vehicle

AirAsia offers up to 50% discount on flights: Check details

Singapore's Temasek invests $350 mln in China health sector JV

Germany's Evonik to set up second methionine plant on Jurong Island

ST engineering writes down $61 mln; production at China JV halted

Arrest of Crown staff: China wants stiffer control over gaming in Macau

India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

World War III Over Ukraine? The Blood Will be on Joe Biden's Hands, Not Putin's

World War III Over Ukraine? The Blood Will be on Joe Biden's Hands, Not Putin's