Business News

Moya Holdings Asia says Indonesian court dismisses lawsuit, shares fall 4%

Moya Holdings Asia, which designs and builds water treatment systems, on Monday said that the Indonesian Supreme Court dismissed a class action lawsuit against a unit of Moya's recent acquisition, Acuatico.

Oct 16, 2017

By Aastha Agnihotri

New microchip that converts optic data into sound waves

AEM Holdings shares climb 13%, here's why

AEM Holdings, a maker of precision engineering equipment, raised its nine months and full-year earnings outlook, citing higher sales, better profit margin, and better operational efficiency.

Oct 16, 2017

By Aastha Agnihotri

Anchor Resources says Malaysia's Lubuk Mandi mine gets approval to start ops

Gold mining company Anchor Resources on Monday said it had received government nod for the operational mining scheme at the Lubuk Mandi Mine in Malaysia.

Oct 16, 2017

By Aastha Agnihotri

QT Vascular jumps 18% on asset sale optimism

QT Vascular, a provider of advanced therapeutic solutions, said it had received "indications of interest" in relation to a potential transaction relating its assets.

Oct 16, 2017

By Aastha Agnihotri

India's Sensex rallies 250 points; Bharti Airtel climbs 8%

The S&P BSE Sensex gained 0.78 percent at 32,432 while the broader NSE Nifty rose 0.70 percent to 10,167.

Oct 13, 2017

By Aastha Agnihotri

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From MAS' unchanged policy to Bharti Airtel's acquisition of Tata's mobile business, get your daily dose of all the latest in the world of business right here.

Oct 13, 2017

By Aastha Agnihotri

Singapore stocks gain for second-day as MAS keeps rates unchanged

Singapore stocks gained for a second day on Friday after the central bank kept its interest rates unchanged as expected.

Oct 13, 2017

By Aastha Agnihotri

India's Sensex rises 200 points; Bharti Airtel climbs 7% on Tata deal

Indian shares extended gains on Friday, led by telecom major Bharti Airtel after it acquired Tata's mobile business for free.

Oct 13, 2017

By Aastha Agnihotri

Amazon suspends Entertainment Chief Roy Price for sexual harassment allegations

Roy Price, the global head of prime video content has been suspended by Amazon following sexual allegations claim from one of the company's producers

Oct 13, 2017

By Nirmal Narayanan

Singapore stocks over 8-week high as central bank holds rates

Singapore stocks gained on Friday after the central bank kept its interest rates unchanged as expected.

Oct 13, 2017

By Aastha Agnihotri

India's Bharti Airtel to acquire Tata's mobile business for free

Bharti Airtel, India's biggest telecom operator, said it would buy the consumer mobile business of Tata Teleservices and Tata Teleservices Maharashtra, free of cost.

Oct 13, 2017

By Aastha Agnihotri

Billionaire shareholder Oei seeks to oust Raffles Education chairman

Billionaire shareholder Oei Hong Leong has called an extraordinary general meeting in an attempt to drive out Raffles Education Chairman Chew Hua Seng.

Oct 13, 2017

By Aastha Agnihotri

Beijing Gas to delist from Singapore Exchange

Natural gas distributor Beijing Gas Blue Sky Holdings on Friday said it received approval from the Singapore Exchange for voluntary delisting of its shares from the mainboard.

Oct 13, 2017

By Aastha Agnihotri

Global Yellow Pages says purchase value for New Zealand land reduced to S$35.3 mln

Telephone directories publisher Global Yellow Pages (GYP) on Friday said that the deal value for purchase of a property in New Zealand has been reduced to S$35.3 million.

Oct 13, 2017

By Aastha Agnihotri

Singapore central bank keeps rates on hold; sees "firm" growth in 2018

The Monetary Authority of Singapore (MAS) kept the monetary policy unchanged on Friday, but left room to tighten in future because of stronger economic growth.

Oct 13, 2017

By Aastha Agnihotri

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