Business News

Noble Group strengthens hold on Mongolian market via NMRL stake purchase

Commodities trader Noble Group said its wholly-owned subsidiary acquired an additional 10 percent stake in Northern Mongolian Railways Ltd (NMRL) for US$1.4 million.

Dec 29, 2017

By Aastha Agnihotri

Indian shares end lower on final day of F&O expiry; SBI, Sun Pharma drop

Indian stocks ended lower on Thursday as investors booked profits in the recent outperformers ahead of the year-end holidays.

Dec 28, 2017

By Aastha Agnihotri

Singapore stocks drift higher as Asia hovers near decade highs

Singapore shares ended higher on Thursday, tracking gains in other Asian equities, with lenders such as DBS Group and Oversea-Chinese Banking Corp emerging as top gainers.

Dec 28, 2017

By Aastha Agnihotri

Tim Cook earns $102 mln in 2017, must use private jet for security reasons

Apple Inc's Chief Executive Tim Cook received a salary of $102 million in 2017, which included an incentive payout of $9.33 million.

Dec 28, 2017

By Aastha Agnihotri

Indian shares subdued as holiday lull sets in; RCom surges 10%

Indian stocks were little changed on Thursday as investors refrained from taking big bets ahead of the year-end holidays.

Dec 28, 2017

By Aastha Agnihotri

SGX scales past 3,400 in afternoon session; DBS, OCBC advance

Singapore shares advanced on Thursday, tracking gains in other Asian equities, with lenders such as DBS Group and Oversea-Chinese Banking Corp emerging as top gainers.

Dec 28, 2017

By Aastha Agnihotri

Singapore Press names new CFO as Mallek's term ends

Singapore Press Holdings, which began a review of its media business last year, appointed Chua Hwee Song as the new chief financial officer (CFO), effective next year.

Dec 28, 2017

By Aastha Agnihotri

CapitaLand forays into Germany with S$392 mln office space

Property developer CapitaLand on Thursday said it acquired an office building known as Main Airport Center (MAC) in Frankfurt, Germany.

Dec 28, 2017

By Aastha Agnihotri

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Singapore media regulator imposes S$150,000 fine on NetLink

Singapore media regulator has imposed a financial penalty of S$150,000 on fibre network operator NetLink Trust for failing to meet its quality service targets.

Dec 28, 2017

By Aastha Agnihotri

Hard disks are pictured inside a server room at a company in Bangkok

Datapulse substantial shareholders call EGM to seek removal of directors

Datapulse Technology on Thursday said it had received a requisition notice to convene an extraordinary general meeting to sack four directors on its board, among other things.

Dec 28, 2017

By Aastha Agnihotri

India's benchmark index hits record high of 34,000; RCom surges 41%

India's benchmark Sensex index hit a fresh record high of 34,000 on Tuesday on the back of sustained buying by the overseas investors.

Dec 26, 2017

By Aastha Agnihotri

Singapore shares fall to over 6-week low; Keppel slumps 5% on bribery fine

Singapore shares touched their lowest level in about six weeks on Tuesday as oil service providers declined.

Dec 26, 2017

By Aastha Agnihotri

India's Sensex hits record high of 34,000 on sustained inflows

India's benchmark Sensex index hit a record high of 34,000 on Tuesday on the back of sustained buying by the overseas investors.

Dec 26, 2017

By Aastha Agnihotri

Singapore stocks hit 6-week low; Keppel, Sembcorp Marine lead losses

Singapore shares touched their lowest level in about six weeks on Tuesday, dragged lower by Keppel Corp after its unit agreed to pay a US$422 million fine.

Dec 26, 2017

By Aastha Agnihotri

Singapore to unveil final quarter advance growth estimates on Jan 2

The government will release Singapore's fourth-quarter advance growth estimates and monetary policy decision on January 2 .

Dec 26, 2017

By Aastha Agnihotri

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