Business News

Keppel-KBS U.S. REIT raises S$753 mln in oversubscribed IPO

The initial public offering (IPO) of Keppel-KBS U.S. commercial real estate investment trust (REIT) received strong demand from both institutional and retail investors.

Nov 9, 2017

By Aastha Agnihotri

5 things to watch out for in Noble Group results

Noble Group results will be in the spotlight on Thursday as the commodities trader prepares to unveil a massive quarterly loss, hit by one-time charges.

Nov 9, 2017

By Aastha Agnihotri

Singtel quarterly profit soars 197% on divestment gains; to pay special dividend

Singapore Telecommunications on Thursday reported a 197 percent surge in second-quarter profit, boosted by gains from the divestment of 75.2 percent of its stake in NetLink Trust in July this year.

Nov 9, 2017

By Aastha Agnihotri

India shares extend losses; Bharti Airtel plunges 4%

India shares extended losses on Wednesday, a day after the indexes posted their biggest single-day percentage six weeks, dragged lower by Bharti Airtel and Tata Motors.

Nov 8, 2017

By Aastha Agnihotri

Boustead Projects Q2 profit rises 31% on cost savings

Engineering services provider Boustead Projects on Wednesday reported a 31 percent rise in second-quarter profit, helped by improved gross margin and cost savings.

Nov 8, 2017

By Aastha Agnihotri

SGX extends rally; Singapore Airlines climbs over 4%

Singapore stocks extended gains on Wednesday, a day after the index jumped to more than a two-year high, led by Singapore Airlines after a surge in September-quarter profit.

Nov 8, 2017

By Aastha Agnihotri

Singapore world's fourth most visited city, to overtake London by 2025: Euromonitor

Singapore was ranked fourth among the world's most-visited city in the world in Euromonitor International's latest Top 100 city destinations ranking 2017 edition.

Nov 8, 2017

By Aastha Agnihotri

NASA plans to revolutionise the aircraft industry with this new concept

Nasas Advanced Air Transport Technology Project is working on new tech that can provide commercial aircraft with better efficiency with less noise and fewer emissions.

Nov 8, 2017

By Staff Reporter

India's Sensex edges higher after falling most in six weeks

India shares recovered some of the lost ground on Wednesday, a day after the indexes posted their biggest single-day percentage six weeks on surging crude oil prices.

Nov 8, 2017

By Aastha Agnihotri

U.S. brokerage Charles Schwab opens first Singapore office

NYSE-listed global wealth manager and brokerage firm Charles Schwab on Wednesday said it would open its Singapore office.

Nov 8, 2017

By Aastha Agnihotri

SGX pauses at over 2-year peak; Singapore Airlines climbs 3%

Singapore stocks were little changed on Wednesday as investors paused after the index jumped to more than a two-year high in the previous session.

Nov 8, 2017

By Aastha Agnihotri

Twitter expands to 280-character tweets starting today

Microblogging website Twitter Inc said it would expand to 280 characters tweets to users across the world.

Nov 8, 2017

By Aastha Agnihotri

ST Engineering quarterly profit climbs 67%

Singapore Technologies Engineering on Wednesday reported a 67 percent jump in the third-quarter net profit due to the absence of a one-off charge incurred in the same period last year.

Nov 8, 2017

By Aastha Agnihotri

CapitaLand fourth quarter profits plunge 40%

CapitaLand Q3 profit rises on portfolio, fair value gains

Realty company CapitaLand on Wednesday reported a 28 percent rise in third-quarter profit, helped by fair value and portfolio gains.

Nov 8, 2017

By Aastha Agnihotri

India shares retreat from record highs; Lupin plunges 17%

India shares fell more than a percent on Tuesday as investors took a pause after indexes hit record highs in the previous session.

Nov 7, 2017

By Aastha Agnihotri

Prev 374 375 376 377 378 379 380 381 382 383 Next