Business News

India's Sensex climbs as lenders rally on record capital boost

Indian shares climbed on Wednesday, led by banking stocks after the government approved a $32.43 billion plan to recapitalise beleaguered lenders.

Oct 25, 2017

By Aastha Agnihotri

Indian banks rally on record $32 bln capital injection

India's state-run banks surged between 20 percent to 35 percent on Wednesday after the government pledged to inject record 2.11 trillion rupees ($32 billion) of capital into the lenders to revive credit growth.

Oct 25, 2017

By Aastha Agnihotri

Singapore stocks listless amid lack of cues

Singapore stocks were little changed on Wednesday, as gains in lenders like OCBC Bank were offset by a decline in real estate investment trusts such as CapitaLand Mall.

Oct 25, 2017

By Aastha Agnihotri

Singapore has world's 2nd most 'powerful' passport: 2017 Index

Singapore passport 'most powerful' in the world

Singapore now boasts of the most powerful passport in the world, thanks to Paraguay.

Oct 25, 2017

By Aastha Agnihotri

5 things you need to know about Infosys results

Infosys, India's second largest software services company by revenue, reported its September quarter results on Tuesday.

Oct 25, 2017

By Aastha Agnihotri

Changi Airport conducts dress rehearsal ahead of Terminal 4 opening

Changi Airport Group (CAG) said it conducted its full dress rehearsal for Terminal 4 as it prepared to commence operations at the terminal on October 31.

Oct 25, 2017

By Aastha Agnihotri

Frasers Centrepoint Trust Q4 DPU rises 5.5%

Frasers Centrepoint Trust, a real estate investment trust, on Wednesday reported a 5.5 percent in fourth-quarter distribution per unit.

Oct 25, 2017

By Aastha Agnihotri

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

Blockchain is capable of creating new cyber security model: R&D firm

The coming year is considered very significant for companies as they adopt Blockchain, the software behind digital currency Bitcoin, to harness its immense potential in the sector of business, money, and society.

Oct 24, 2017

By Adrita Biswas

Artificial intelligence

Indian shares gain for second day as lenders advance

Indian shares rose for a second session on Tuesday, led by state-owned lenders after HDFC Bank posted a 20 percent jump in quarterly profit.

Oct 24, 2017

By Aastha Agnihotri

Mapletree Industrial forms JV to buy data centers worth S$1 bln

Mapletree Industrial Trust (MIT) on Tuesday formed a joint venture with Mapletree Investments to buy a portfolio of 14 data centres located in the U.S. for US$750 million (about S$1 billion).

Oct 24, 2017

By Aastha Agnihotri

Keppel Logistics eyes online growth via UrbanFox launch

Keppel Logistics on Tuesday launched an integrated logistics brand called UrbanFox to tap the growing popularity of e-commerce.

Oct 24, 2017

By Aastha Agnihotri

Singapore stocks lacklustre; Noble tanks 6%

Singapore stocks fell on Tuesday after earlier touching a more than two-year peak, dragged lower by commodity trader Noble Group and lenders such as OCBC Bank.

Oct 24, 2017

By Aastha Agnihotri

Indian shares extend gains as telecom stocks rally

Indian shares gained on Tuesday, led by telecom stocks after Reliance Industries' unit Jio raised data tariffs last week, signalling more pricing discipline in the sector.

Oct 24, 2017

By Aastha Agnihotri

Visitors stand in front of the exhibition stand of Swiss watch manufacturer Patek Philippe

Export of Swiss watches to Singapore surges 90% in Sept

Luxury timepieces sold like hot cakes in Singapore last month as Swiss exports surged 90 percent to the city-state.

Oct 24, 2017

By Aastha Agnihotri

Singapore stocks fall; Noble Group plunges 6%

Singapore stocks fell on Tuesday after earlier touching a more than two-year peak, dragged lower by Noble Group and lenders such as OCBC Bank.

Oct 24, 2017

By Aastha Agnihotri

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