Business News

Singapore's City Developments says will not extend offer for hotelier M&C beyond Jan 26

Property developer City Developments on Wednesday the offer to privatise London-listed Millennium & Copthorne Hotels (M&C) will not be extended beyond January 26.

Jan 17, 2018

By Aastha Agnihotri

Indian shares fall after record gains on profit booking, Coal India slumps 5%

India shares ended lower on Tuesday as investors booked profits after indices hit record highs in the previous three sessions.

Jan 16, 2018

By Aastha Agnihotri

Singapore stocks gain for third day; SembCorp Marine climbs 9%

Singapore shares gained for a third straight session on Tuesday, led by property developers and engineering services firms.

Jan 16, 2018

By Aastha Agnihotri

City Developments to ride on Singapore's residential sector's upturn

City Developments Ltd is poised to benefit from the hopeful figures the Singapore residential property market is showing.

Jan 16, 2018

By Kiersnerr Gerwin Tacadena

Indian shares pause after record gains; Software makers advance

India shares were little changed on Tuesday as investors paused after the indices hit record highs in the previous three session on sustained overseas inflows.

Jan 16, 2018

By Aastha Agnihotri

Singapore stocks rise for third day; City Developments, Keppel lead gains

Singapore shares gained for a third straight session on Tuesday, led by property developers but weak Asian equities dampened sentiment.

Jan 16, 2018

By Aastha Agnihotri

Singapore Airlines' new A380 aircraft to serve London, Hong Kong routes from February

Singapore Airlines' newest Airbus A380 aircraft will now serve London and Hong Kong destinations starting next month.

Jan 16, 2018

By Aastha Agnihotri

Singapore recommends board renewals, directors' independence to boost corporate governance

The council emphasizes on the importance of independent directors.

Jan 16, 2018

By Aastha Agnihotri

Singapore inflation expectations edge up in Dec but geopolitical worries weigh: survey

The inflation expectations of Singaporeans edged up to 2.97 percent in December as geopolitical uncertainties offset recovery in global economic growth.

Jan 16, 2018

By Aastha Agnihotri

StarHub, Singapore Press Holdings renew partnership, to extend collaboration in other areas

Singapore Press Holdings (SPH) and StarHub renewed their strategic partnership for a further two-year term.

Jan 16, 2018

By Aastha Agnihotri

Singapore charges 3 more suspects in oil heist at Shell's biggest refinery

A Singapore court charged three more men in relation to their involvement in a large-scale oil theft at Shell's biggest refinery, Pulau Bukom.

Jan 15, 2018

By Aastha Agnihotri

StarHub buys security products supplier to boost Singapore's Smart Nation initiative

Telecoms service provider StarHub on Monday said it acquired D'Crypt Pte Ltd for a maximum consideration of up to S$122 million.

Jan 15, 2018

By Aastha Agnihotri

Singapore Press Holdings' Q1 profit jumps on divestment gains, shares rise

Singapore Press Holdings (SPH) reported a 32.1 percent rise in first-quarter net profit, boosted by investment income of $12.4 million comprising mainly gains on divestment.

Jan 15, 2018

By Aastha Agnihotri

Noble Group finally completes sale of Americas-focused oil business to Vitol

Noble Group on Monday said it completed the sale of Noble American oil business to Vitol U.S. Holdings about $580 million.

Jan 15, 2018

By Aastha Agnihotri

Singapore central bank chief warns of possible risks to global economy in 2018

Singapore central bank Managing Director Ravi Menon on Monday outlined risks to the global economy that investors should watch out for this year.

Jan 15, 2018

By Aastha Agnihotri

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