Business News

CapitaLand JV buys Rock Square mall in Guangzhou for S$688.9 mln

CapitaLand and CapitaLand Retail China Trust (CRCT) on Tuesday said they jointly acquired a shopping mall, known as Rock Square in Haizhu District in Guangzhou for about S$688.9 million.

Nov 28, 2017

By Aastha Agnihotri

Ipco International warns on first-half profit as forex woes weigh

Ipco International, which operates as a developer and turnkey contractor, on Tuesday said it expects a net loss in the first-half on account of foreign exchange translations relating to its units.

Nov 28, 2017

By Aastha Agnihotri

Eurosports Global to sell Lamborghini cars, accessories in Jakarta

Singapore-based Eurosports Global, the sole authorised Lamborghini dealer in Singapore, on Tuesday said its joint venture company, Prosper Auto entered into a dealership agreement with Italian sports car maker.

Nov 28, 2017

By Aastha Agnihotri

SGX shrugs off Asia weakness; Geo Energy jumps after block deal

Singapore stocks edged higher on Tuesday, led by lenders such as OCBC Bank and United Overseas Bank but sentiment remained subdued amidst weakness in the Chinese markets.

Nov 28, 2017

By Aastha Agnihotri

Coal miner Geo Energy gains 4% in a huge block deal

Integrated coal mining specialist Geo Energy Resources gained as much as 3.8 percent to S$0.27 in the afternoon trades on Tuesday.

Nov 28, 2017

By Aastha Agnihotri

Indian shares snap 8-day rally as investors book profits

Indian stocks fell on Tuesday, snapping an 8-day winning streak amidst weakness in the Chinese markets.

Nov 28, 2017

By Aastha Agnihotri

Rotary International Convention Singapore

Singapore to host Rotary International Convention in 2024

Singapore has won the provisional bid to host the Rotary International Convention in 2024, which is set to be the largest association congress ever hosted by the Republic.

Nov 28, 2017

By Aastha Agnihotri

Singapore stocks edge lower for second day; Ying Li climbs 6%

Singapore stocks fell for a second session on Tuesday, dragged lower by lenders such as DBS Group amidst weakness in the Chinese markets.

Nov 28, 2017

By Aastha Agnihotri

Aung San Suu Kyi loses Freedom of Oxford award for turning blind eye to Rohingya crisis

Myanmar's leader Aung San Suu Kyi has been formally stripped of the Freedom of the City of Oxford award over her response to the oppression of her country's Rohingya Muslims.

Nov 28, 2017

By Aastha Agnihotri

Singapore civil servants to get one-month salary as year-end bonus as economy improves

Civil servants in Singapore will receive a year-end Annual Variable Component (AVC) of one month this year, powered by improvements in Singapore's economy.

Nov 28, 2017

By Aastha Agnihotri

Clearbridge Health's Catalist IPO: 5 things you need to know

Clearbridge Health, the medtech investor formerly known as Clearbridge Accelerator, is poised for an initial public offering (IPO) on the Catalist board of the Singapore Exchange.

Nov 28, 2017

By Aastha Agnihotri

Property developer Ying Li to sell unit to China's Shengyu for S$671.9 mln

Singapore-listed Ying Li International Real Estate on Tuesday said it entered into an agreement with China's Shengyu to sell its stake in unit Shiny Profit for 3.29 billion yuan (S$671.9 million) in cash.

Nov 28, 2017

By Aastha Agnihotri

Singapore's Addvalue plans spin-off, Catalist listing of unit; shares gain

Addvalue Technologies, a provider of wireless and broadband communications solution, on Tuesday said it is exploring the possibility of spinning-off its subsidiary, Addvalue Solutions.

Nov 28, 2017

By Aastha Agnihotri

Fullerton Health gets S$163 mln boost from the world's second-largest insurer

Singapore-based Fullerton Healthcare Corp on Tuesday said it received a "significant investment" from Ping An Capital, the core equity investment platform of China's Ping An Insurance.

Nov 28, 2017

By Aastha Agnihotri

Indian shares extend gains to 8th session; SBI, Axis Bank advance

Indian stocks recovered from losses to close higher on Monday, led by lenders such as State Bank of India and Axis Bank

Nov 27, 2017

By Aastha Agnihotri

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