Business News

China Everbright Water wins S$303.6 mln PPP project

Wastewater treatment firm China Everbright Water said its consortium has won the Nanning Shuitang River Integrated Restoration Public-Private Partnership Project in Guangxi Zhuang Autonomous Region.

Sep 4, 2017

By Aastha Agnihotri

Keppel Land CEO leaves after over 26 years of service

Singaporean conglomerate Keppel Corp said its property arm Keppel Land's chief executive officer will be leaving the company after more than 26 years of service.

Sep 4, 2017

By Aastha Agnihotri

Manulife to raise $208 mln via rights issue to fund prime waterfront property in U.S.

Manulife U.S. Real Estate Investment Trust said it would undertake a rights issue to raise US$208 million to fund its the proposed acquisition of an office building in New Jersey.

Sep 4, 2017

By Aastha Agnihotri

Indian shares post third weekly gain; Dr Reddy's soars

Indian shares posted their third weekly gain on Friday, led by drug makers such as Dr. Reddy's and Sun Pharma and amidst positive global cues.

Sep 1, 2017

By Aastha Agnihotri

Hurricane Harvey is likely to be the costliest natural disaster in US history

Hurricane Harvey has amounted to a loss worth $23 billion in US.

Sep 1, 2017

By Staff Reporter

Indian shares drift higher; Dr. Reddy's climbs

Indian shares rose on Friday, led by gains in drug makers such as DR. Reddy's and Sun Pharma and amisdt positive global cues.

Sep 1, 2017

By Aastha Agnihotri

SembCorp industries posts 56% drop in third quarter profits

SembMarine ends contracts worth US$400 mln with Malaysia's Perisai

Mainboard-listed yard group, Sembcorp Marine's unit PPL Shipyard has terminated two contracts worth about US$400 million with the subsidiaries of Malaysia's Perisai Petroleum Teknologi Bhd.

Sep 1, 2017

By Aastha Agnihotri

Happy Chocolate Day 2017: Top 10 Chocolate Day wishes for your partner

Wilmar teams up with Singapore's Aalst in chocolate making

Singapore-based agribusiness giant Wilmar International said it bought 50 percent stake in Aalst Chocolate Pte in a bid to expand the business portfolio of chocolate ingredients in Asia.

Sep 1, 2017

By Aastha Agnihotri

Emas Offshore initiates restructuring as white knight emerges

Singapore-listed EMAS Offshore, a unit of Ezra Holdings, said it has started its restructuring process after signing a binding term sheet with potential investors.

Sep 1, 2017

By Aastha Agnihotri

Singapore financial markets shut due to Eid

Markets will resume trading on Monday, September 4.

Sep 1, 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 Yangzijiang Shipbuilding share plunge to Singapore Airlines' codeshare agreement, get your daily dose of all the latest in the world of business right here.

Aug 31, 2017

By Aastha Agnihotri

Indian shares gain on the final day of F&O expiry

Indian shares ended higher on the final day of August derivatives contract expiry, led by gains in energy stocks such as Reliance Industries and Bharat Petroleum.

Aug 31, 2017

By Aastha Agnihotri