An electric display chart showing the afternoon trading trend of the blue chip Hang Seng Index is seen through a camera at a brokerage in Hong Kong, China. REUTERS
  • Singapore stocks rebounded on Wednesday, in line with other Asian markets and gains on Wall Street overnight, as concerns about North Korea's firing of a missile over Japan abated.
  • The Straits Times Index rose 0.49 percent or 16 points to end at 3,265.
  • Furniture maker Koda jumped 8 percent after posting a near 156 percent jump in full-year net profit, powered by streamlining of its manufacturing operations coupled with the expansion of its retail brand Commune.
  • Telecoms services provider StarHub unveiled free unlimited weekend plans for its postpaid customers. The stock ended down 0.8 percent.
  • Singapore-based building maintenance firm ISOTeam secured 15 projects worth S$24.2 million, sending its shares up as much as 3 percent.
  • ASL Marine Holdings shed 7 percent after reporting a wider fourth-quarter loss, hurt by higher impairments, lower revenue and weak margins amidst the worsening conditions in the marine industry globally.
  • Yongnam Holdings, a provider of engineering and construction services, on Wednesday said it secured three new contracts worth a total of S$70 million.
  • Asset management company Northern Trust appointed Yen Leng Ong as head of Singapore and South East Asia operations.