Business News

SIA Engineering recoups from 6-year low after share buyback

Shares in SIA Engineering recovered from a six-year low on Thursday after the aircraft maintenance company made its largest share buyback exercise in a year.

Oct 5, 2017

By Aastha Agnihotri

Alliance Mineral secures A$19.6 mln funding as auditor raises going concern doubt

Alliance Mineral Assets said it entered into a deal with Hong Kong-based Burwill Holdings' unit to place A$19.6 million of shares after auditors flagged uncertainty about the mining firm's ability to operate as a going concern.

Oct 5, 2017

By Aastha Agnihotri

City Developments clinches S$906.7 mln Amber Park deal

Property developer City Developments' unit and joint venture partner Hong Realty has purchased Amber Park condominium for S$906.7 million.

Oct 5, 2017

By Aastha Agnihotri

Keppel wins FPSO conversion contract for Exxon's Liza oilfield

Keppel Offshore & Marine's unit Keppel Shipyard on Thursday secured a floating production, storage and offloading vessel conversion contract from its customer SBM Offshore.

Oct 5, 2017

By Aastha Agnihotri

Former Equifax chief apologises to Congress over hack

The former head of Equifax apologised repeatedly on 3 October at a congressional hearing for the theft of millions of people and amp;#39;s personal data in a hacking breach. Equifax said an independent review had increased the estimate of potentially affected U.S. consumers by 2.5 million to 145.5 million.

Oct 4, 2017

By Staff Reporter

Indian shares jump for fourth day as RBI holds rates

Indian shares gained for a fourth session on Wednesday after the central bank kept policy rates unchanged, as expected.

Oct 4, 2017

By Aastha Agnihotri

Financials pull Singapore stocks lower for second day

Singapore stocks fell for a second session on Wednesday, bucking strong Asian shares, hurt by losses in financials.

Oct 4, 2017

By Aastha Agnihotri

UnUsUaL shares jump 12% as volumes spike

Shares in Singapore-based concert organiser company UnUsUaL jumped as much as 12 percent to S$0.55 on Wednesday amidst heavy trading.

Oct 4, 2017

By Aastha Agnihotri

Indian shares advance ahead of RBI policy decision

Indian shares gained on Wednesday ahead of the central bank's monetary policy decision later in the day.

Oct 4, 2017

By Aastha Agnihotri

Singapore stocks drop for second day as lenders lag

Singapore stocks fell for a second session on Wednesday, bucking strong Asian shares, hurt by losses in financials and energy shares.

Oct 4, 2017

By Aastha Agnihotri

Get ready to pay extra charges if you keep Uber waiting

Ride-hailing service Uber has introduced wait-time charges for passengers if they do not board cab after 3 minutes of driver arriving at the pickup location.

Oct 4, 2017

By Aastha Agnihotri

Sembcorp Marine ends contracts with Mexico's Oro Negro

Sembcorp Marine on Wednesday said its unit PPL Shipyard terminated three contracts with Oro Negro for the construction of three jack-up rigs.

Oct 4, 2017

By Aastha Agnihotri

Boeing rolls out Singapore Airlines' first 787-10 Dreamliner

U.S. planemaker Boeing has rolled out the first 787-10 Dreamliner built for Singapore Airlines.

Oct 4, 2017

By Aastha Agnihotri

SIA Engineering slumps 9 percent in heavy trading

Shares in the aircraft maintenance company SIA Engineering fell as much as 9 percent to S$3.15 on Wednesday amidst heavy trading.

Oct 4, 2017

By Aastha Agnihotri

India's Sensex gains as autos, energy shares rally

Indian shares jumped on Tuesday, tracking gains in Asia after record gains on Wall Street, amidst hopes of global growth recovery.

Oct 3, 2017

By Aastha Agnihotri

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