Business News

Noble to sell U.S.-based ethanol business to Mercuria at a higher price

Embattled commodities trader Noble Group on Friday said it would sell its U.S.-based ethanol producing business to Mercuria Investments, instead of Zeeland Farm.

Dec 8, 2017

By Aastha Agnihotri

India's Sensex rebounds from six-week low; Bharti Airtel jumps 7%

Indian stocks gained more than a percent on Thursday, a day after the central bank kept the key interest rate unchanged.

Dec 7, 2017

By Aastha Agnihotri

Singapore stocks fall on weak global cues; Noble plunges 6%

Singapore stocks fell on Wednesday, taking cues from weak Asian shares as uncertainty over U.S. policy kept many investors on the sidelines.

Dec 7, 2017

By Aastha Agnihotri

Noble Group faces Dec 15 deadline as liquidity dries up

Embattled commodities trader Noble Group is racing against time to meet its financial deadlines.

Dec 7, 2017

By Aastha Agnihotri

Singapore says Jerusalem's status "a sensitive and complex issue", should be decided via Israel-Palestinian talks

The status of Jerusalem is a complex issue that should be decided through Israel-Palestinian talks, Singapore's Ministry of Foreign Affairs (MFA) said on Thursday.

Dec 7, 2017

By Aastha Agnihotri

German chemicals maker Evonik to open its first Asia research hub in Singapore

Germany-based specialty chemicals maker Evonik on Thursday said it will build its first research hub in Singapore.

Dec 7, 2017

By Aastha Agnihotri

Indian shares advance as RBI maintains neutral policy stance

Indian stocks gained on Thursday, a day after the central bank kept the key interest rate unchanged, noting risks to inflation, but expressed optimism that the slowdown in economic growth had bottomed out.

Dec 7, 2017

By Aastha Agnihotri

Singapore stocks extend losses on weak global cues; United Overseas Bank falls 1%

Singapore stocks fell on Wednesday, taking cues from weak Asian shares as uncertainty over U.S. policy kept many investors on the sidelines.

Dec 7, 2017

By Aastha Agnihotri

Singapore Airlines launches biofuel-powered flights

Singapore Airlines reroutes flights over North Korean missile threat: report

Singapore Airlines has changed some of its flight routes between Asia and the U.S. in response to North Korea's missile tests.

Dec 7, 2017

By Aastha Agnihotri

Why is China worried about Trump's Jerusalem move?

U.S. President Donald Trump's decision to recognize Jerusalem as Israel's capital and relocate the U.S. embassy there would spark conflicts.

Dec 7, 2017

By Aastha Agnihotri

Singapore: nuTonomy car collides with lorry, no report of injuries

ST Kinetics partners with National Instruments to test driverless buses in Singapore

ST Kinetics said it would collaborate with U.S.-based National Instruments to test systems used by autonomous vehicles (AVs) and robotic solutions in Singapore.

Dec 7, 2017

By Aastha Agnihotri

Singapore Airlines, Air New Zealand boost Singapore-Auckland services to three daily flights

Singapore Airlines and Air New Zealand on Thursday announced they will jointly launch a third daily flight between Singapore and Auckland starting late next year.

Dec 7, 2017

By Aastha Agnihotri

Oil rebounds after 8% fall as Iran says open to talks with Saudi Arabia

Sembcorp Marine wins $490 mln contract from Norway's Statoil

Sembcorp Marine said its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters secured a US$490 million contract from Norway's Statoil Petroleum AS.

Dec 7, 2017

By Aastha Agnihotri

First Sponsor partners with top investors to buy Le Méridien Frankfurt Hotel for S$136 mln

Singapore-based realty firm First Sponsor Group has partnered with its two key shareholders, City Developments and Tai Tak Estates to buy the Le Méridien Frankfurt Hotel in Germany.

Dec 7, 2017

By Aastha Agnihotri

CapitaLand Retail China Trust gets SGX nod for listing 64.4 mln new units

CapitaLand Retail China Trust on Thursday said it got approval from the Singapore Exchange (SGX) to list new units from its upsized S$103.8 million private placement at S$1.612 apiece.

Dec 7, 2017

By Aastha Agnihotri

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