Business News

SGX recoups as lenders advance; Korean tensions weigh

Singapore stocks edged higher on Tuesday, after data showed factory activity in August rose at the fastest pace in nearly three years but the escalating geopolitical tensions kept many investors on edge.

Sep 5, 2017

By Aastha Agnihotri

Indian shares drift higher; Reliance Capital jumps 9%

Among the gainers, Bajaj Auto advanced 1.3 percent, Reliance Industries rose 1.2 percent, Asian Paints gained 1 percent while Tata Steel was up 0.7 percent.

Sep 5, 2017

By Aastha Agnihotri

MTI, STB seek feedback on amendments for travel agents law

Singapore's largest banks ink MOUs to boost connectivity with Chongqing

Singapore's biggest banks UOB, OCBC, and DBS, signed a deal with Chinese firms to boost financial connectivity to the city of Chongqing.

Sep 5, 2017

By Peter Del Rosario

DBS gets India's go-ahead to set up local subsidiary

DBS Bank got a go-ahead signal from the Reserve Bank of India to convert its India operations into a wholly-owned subsidiary.

Sep 5, 2017

By Peter Del Rosario

Singapore stocks gain on PMI boost but sentiment dour

Singapore stocks edged higher on Tuesday after data showed factory activity in August rose at the fastest pace in nearly three years, but the escalating geopolitical tensions kept many investors on edge.

Sep 5, 2017

By Aastha Agnihotri

Grab offers huge discounts to tempt cabbies from ComfortDelGro

Ride-hailing firm Grab has launched what it calls "huge rental discounts" to woo customers from Singapore's largest taxi company, ComfortDelGro.

Sep 5, 2017

By Aastha Agnihotri

Yamada Green seeks time extension to file results

Mushroom production company Yamada Green Resources said it has applied for an extension of time to release fiscal results and to hold its annual genenal meeting following a fire accident.

Sep 5, 2017

By Aastha Agnihotri

Fragrance Group buys iconic 300-year old Crown Hotel in Britain

Property developer Fragrance Group said it has acquired the 300-year hold Crown Hotel in United Kingdom for 7.2 million sterling.

Sep 5, 2017

By Aastha Agnihotri

Embattled EMAS Offshore unveils potential investors

Singapore-listed EMAS Offshore, a unit of Ezra Holdings, said it has found potential investors who have agreed to pump-in US$50 million in the beleaguered firm.

Sep 5, 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 SBI Offshore's CFO exit to Manulife U.S. REIT's rights issue, get your daily dose of all the latest in the world of business right here.

Sep 4, 2017

By Aastha Agnihotri

Indian shares decline as North Korea tensions escalate

Indian shares fell on Monday in line with Asian markets, as investors dumped riskier assets following North Korea's latest nuclear test.

Sep 4, 2017

By Aastha Agnihotri

Singapore stocks dive 1.4% on N. Korea missile jitters

Singapore stocks snapped four-day gains on Monday, dragged lower by lenders such as OCBC amidst weak global risk appetite following North Korea's latest nuclear test.

Sep 4, 2017

By Aastha Agnihotri

Indian shares fall along with Asia on North Korea worries

Indian shares fell on Monday in line with Asian markets, as investors dumped riskier assets following North Korea's latest nuclear test.

Sep 4, 2017

By Aastha Agnihotri

SGX snaps 4-day rally on North Korea missile test

On Monday, news agency Yonhap reported North Korea was seen to be making preparations for another ballistic missile launch, possibly of ICBM-class.

Sep 4, 2017

By Aastha Agnihotri

SBI Offshore CFO quits, leaving another gap at top

In another major management departure, Catalist-listed SBI Offshore said Amy Soh Wai Ling has tendered her resignation as the company's chief financial officer.

Sep 4, 2017

By Aastha Agnihotri

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