Business News

oBike rides the cryptocurrency bandwagon, unveils oCoins

Singapore's homegrown bike-sharing operator oBike will be launching a cryptocurrency called oCoins in the first quarter of 2018 in partnership with TRON, the maker of TRONIX currency.

Jan 3, 2018

By Kiersnerr Gerwin Tacadena

Singapore economy expands by 1.8 per cent in Quarter 1

Economists predict moderation in Singapore economy as export demand slows

Singapore's economy is expected to see a slight moderation this year as export demand slows and the construction sector remains weak, said BMI Research economists.

Jan 3, 2018

By Kiersnerr Gerwin Tacadena

Singapore: Prime Minister Lee Hsien Loong opens world's first high-rise rotatable lab

Singapore ends 2017 with a bang, records 3.5% economic growth

Prime Minister Lee Hsien Loong said Singapore economy grew by 3.5% in 2017, thanks to the surge in global demand for trade.

Jan 2, 2018

By Kiersnerr Gerwin Tacadena

Associare to raise funds for its 'Chatello' App for social media monetization

Associare announced on Tuesday, Jan.2, the launch of its Initial Coin Offering (ICO) to fund the development of its proprietary new app, Chatello, in Dubai.

Jan 2, 2018

By Bikash Rai

Apple could buy Netflix, say analysts

According to Citi analysts, there is a 40 per cent likelihood that Apple will acquire Netflix.

Jan 2, 2018

By IANS

Netflix

Russian bank to fund Iran's development projects

The Central Bank of Iran and the Export Insurance Agency of Russia signed a deal recently to pave the way for Russian banks to fund Iranian projects.

Jan 1, 2018

By IANS

Samsung likely to post $15 billion operating profit for Q4: Report

Samsung Electronics is expected to post an operating profit of 16 trillion won - about $15 billion - up 73 percent from a year earlier.

Jan 1, 2018

By IANS

Samsung

Reforms induce bull run in equity markets despite some volatility (2017 in Retrospect)

The upward traction led the key equity indices -- Sensex and Nifty50 -- to close higher by 28 per cent and 29 per cent respectively.

Dec 31, 2017

By IANS

India's Sensex jumps 200 points to end above 34,000 level; RCom climbs 18%

Indian benchmark Sensex index breached 34,000 level for the second time this month on the back of sustained overseas inflows

Dec 29, 2017

By Aastha Agnihotri

Singapore stocks end higher, clocking 18% gain in 2017

Singapore shares ended the year on a positive note on Friday, tracking upward trend in other Asian shares, but gains were limited ahead of the New-Year holidays.

Dec 29, 2017

By Aastha Agnihotri

India's Sensex breaches 34,000 yet again; RCom surges 30%

Benchmark Sensex index breached in India at the 34,000 level for the second time this month on the back of sustained overseas inflows

Dec 29, 2017

By Aastha Agnihotri

Singapore stocks poised to end 2017 with bumper gains

Singapore shares were little changed on Friday, as investors refrained from taking bets ahead of the year-end holidays but the index was set to post an 18 percent gain for 2017.

Dec 29, 2017

By Aastha Agnihotri

Apple apologizes for slowing down old iPhones, offers $29 battery replacements

Apple Inc on Friday issued an apology to its customers following company's move to slowdown iPhones to protect battery stability.

Dec 29, 2017

By Aastha Agnihotri

Fullerton eyes S$300 million IPO to drive regional expansion

Malaysian bedroom furniture maker LY Corp eyes Catalist listing

LY Corp said it has filed a preliminary prospectus with the Singapore Stock Exchange's Catalist board for its initial public offering.

Dec 29, 2017

By Aastha Agnihotri

C&G Environmental Protection shares surge 25% on S$400-million reverse takeover offer

Electric services company C&G Environmental Protection Holdings said it entered into a deal with India's Param Mitra Coal Resources for a S$400 million reverse takeover.

Dec 29, 2017

By Aastha Agnihotri

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