Business News

Ascott in tie-up with Tujia, targets 2,000 units in China

Ascott Residence quarterly DPU slips, shares drop

Ascott Residence Trust, a serviced residence real estate investment trust, on Tuesday reported a 28 percent drop in third-quarter distribution per unit.

Oct 24, 2017

By Aastha Agnihotri

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

By Staff Reporter

Builder Soilbuild Construction warns on Q3 profit

Soilbuild Construction Group on Monday warned on third-quarter profit, citing lower revenue and bump up in costs.

Oct 23, 2017

By Aastha Agnihotri

CapitaLand Retail China Trust Management ekes out 0.4% gain in Q3 DPU

CapitaLand Retail China Trust Management on Monday reported a 0.4 percent rise in third-quarter distribution per unit (DPU).

Oct 23, 2017

By Aastha Agnihotri

Indian shares gain; Telecom stocks rally on Jio tariff hike

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

Oct 23, 2017

By Aastha Agnihotri

Singapore's iX Biopharma gets European patent for WaferiX technology

Specialty pharmaceutical firm iX Biopharma on Monday secured European patent for its WaferiX drug delivery technology.

Oct 23, 2017

By Aastha Agnihotri

Singapore stocks rally to over 2-year high

Singapore stocks gained on Monday, led by lenders such as DBS Group and OCBC Bank, with Japanese advancing to two-decade high as an election win for Shinzo Abe's ruling bloc paved way for a continuation of loose monetary policy.

Oct 23, 2017

By Aastha Agnihotri

Indian shares drift higher; Bharti Airtel climbs 3%

Indian shares advanced on Monday, led by telecom major Bharti Airtel.

Oct 23, 2017

By Aastha Agnihotri

Singapore stocks advance; Japan shares at two-decade high

Singapore stocks gained on Monday, led by lenders such as DBS Group and OCBC Bank.

Oct 23, 2017

By Aastha Agnihotri

Strategic investor bumps up stake in Singapore's Darco Water

Darco Water Technologies on Monday said strategic investor Robert Wang Zhi will purchase 29.5 percent stake in water treatment specialist for up to S$19.7 million.

Oct 23, 2017

By Aastha Agnihotri

TEE International wins contracts worth S$56.5 mln from LTA

TEE International, which provides mechanical and electrical engineering services, on Monday said its unit received S$56.5 million worth of contracts from Land Transport Authority.

Oct 23, 2017

By Aastha Agnihotri

Noble Group warns on profits; To sell oil trading business to Vitol

Embattled Noble Group on Monday said it would sell its U.S. oil-liquids business to Vitol Group for about $580 million, as commodity trader tries to reduce debt.

Oct 23, 2017

By Aastha Agnihotri

Trump now says that Puerto Rico suffered worse than Katrina

President Trump now says that Puerto Rico suffered worse than Katrina.

Oct 20, 2017

By Staff Reporter

Google Maps now covers our solar system

Google Maps released a new feature called Planets, which allows user to zoom out of Earth and navigate through different planets in the universe.

Oct 20, 2017

By Staff Reporter

Space Universe

Weapons maker Kalashnikov develops electric bike

Kalashnikov — the Russian weapons maker and creator of the infamous AK-47 rifle — has developed an all-electric motorbike for use by the countrys police and military.

Oct 20, 2017

By Staff Reporter

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