Business News

Indian shares gain on economic growth optimism; Maruti Suzuki up 4%

India shares gained on Monday, led by Maruti Suzuki and Tata Steel while a rally in global equities supported risk appetite

Jan 29, 2018

By Aastha Agnihotri

Noble Group reaches deal to restructure $3.5 bln debt: Report

Noble Group has reached a deal with creditors to restructure $3.5 billion in debt, Bloomberg reported on Monday.

Jan 29, 2018

By Aastha Agnihotri

Singapore stocks edge higher; OCBC, DBS Bank gain

Singapore shares ended higher on Monday, tracking gains in regional equities on strong global economic growth.

Jan 29, 2018

By Aastha Agnihotri

India's Sensex jumps 300 points as Budget session begins; Maruti up 4%

India shares gained on Monday; traders await the government's economic survey due later in the day and last full-year Union budget on February 1 before the 2019 elections

Jan 29, 2018

By Aastha Agnihotri

Singapore stocks gain along with Asia; Noble up 2%

Singapore shares edged higher on Monday, tracking gains in regional equities on strong global economic growth.

Jan 29, 2018

By Aastha Agnihotri

M1's iPhone X reception disappoints, leads to lower handset sales

The lacklustre iPhone X reception has contributed to the lower handset sales and subsidies for Singapore telco M1.

Jan 29, 2018

By Kiersnerr Gerwin Tacadena

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

Are consumers satisfied with Singapore's current property market?

The overall property sentiment in Singapore improved in the latter part of 2017, and PropertyGuru expects consumers to be optimistic about the market this year.

Jan 29, 2018

By Kiersnerr Gerwin Tacadena

Singapore Airlines orders 39 Boeing aircraft for $19.5 billion

Singapore Airlines ties up with NUS, 3 others to strengthen capacity

Singapore Airlines (SIA) on Monday said it would collaborate with four organisations to strengthen its technological capabilities.

Jan 29, 2018

By Aastha Agnihotri

Ascott strengthens position in China, Southeast Asia with four properties

The Ascott Limited on Monday said it won contracts to manage four properties with 1,200 units in new cities such as Malacca and Davao.

Jan 29, 2018

By Aastha Agnihotri

Anonymous researcher Iceberg urges Noble's creditors to reject debt-for-equity swap deal

Instead, Noble urged creditors to use the threat of liquidation.

Jan 29, 2018

By Aastha Agnihotri

Keppel Corp FY profit plunges 72% on unit's Brazil bribery fine

Singaporean conglomerate Keppel Corp reported a 72 percent plunge in full-year profit, hurt by a penalty of S$619 million on its unit Keppel Offshore & Marine.

Jan 25, 2018

By Aastha Agnihotri

Indian shares fall on Jan derivatives expiry; SBI dives 5%

India shares declined on the last day of the January contract expiry in the derivatives segment, dragged by lenders such as State Bank of India.

Jan 25, 2018

By Aastha Agnihotri

SGX falls 1% after gaining for four days; Lenders, industrials drag

Singapore shares ended lower after four consecutive sessions of gains on Thursday, dragged lower by financials and industrials.

Jan 25, 2018

By Aastha Agnihotri

Noble Group Chairman says debt restructuring talks with creditors "constructive"

Noble Group's Chairman on Thursday said the company is in talks with creditors to restructure its debt and negotiation have been "constructive" and are moving forward.

Jan 25, 2018

By Aastha Agnihotri

Singapore economy expands by 1.8 per cent in Quarter 1

Ten take aways from Sri Lanka-Singapore Free Trade Agreement of 2018

After signing the Sri Lanka-Singapore Free Trade Agreement (SLSFTA), three Singapore companies sealed deals with Sri Lankan partners on January 24 with the idea to grab opportunities in growing market.

Jan 25, 2018

By Bikash Rai

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