Business News

GLP reports 52% rise in Q2 net profit as China rentals rise

SGX gains for fourth day as lenders advance

Singapore stocks gained for a fourth session on Thursday, led by lenders such as OCBC amidst improved global risk appetite following upbeat Chinese and U.S. economic news.

Aug 31, 2017

By Aastha Agnihotri

Qantas re-routes Sydney-London flights via Singapore

Australian national carrier Qantas Airways on Thursday said it will fly from Sydney to London via Singapore instead of Dubai as the airline extends its partnership with Gulf carrier Emirates.

Aug 31, 2017

By Aastha Agnihotri

Singapore's Cosco Shipping gets shareholders nod for S$297.1 mln sale

Cosco Shipping International on Thursday said it received shareholders' approval for the 1.47 billion yuan (S$297.1 million) divestment of its loss-making yard operations.

Aug 31, 2017

By Aastha Agnihotri

SembCorp industries posts 56% drop in third quarter profits

Singapore-based Sembcorp buys India renewable energy business

Singaporean conglomerate Sembcorp Industries on Thursday said it has increased its stake in India-focused renewable energy, bringing its total ownership to 100 percent.

Aug 31, 2017

By Aastha Agnihotri

Yangzijiang Shipbuilding plunges after share placement plan

China-based Yangzijiang Shipbuilding plans to raise net proceeds of S$208.8 million via placement of 137 million new shares.

Aug 31, 2017

By Aastha Agnihotri

MTI, STB seek feedback on amendments for travel agents law

Taiwan-based SinoPac now a member of ICE Futures Singapore

The Intercontinental Exchange announced that the Taiwan-based SinoPac Futures Corporation is now an official member of the ICE Futures Singapore.

Aug 31, 2017

By Kiersnerr Gerwin Tacadena

Market Round-Up: What did you miss? 30 August, 2017

A quick look at all the market moving events and big financial news of the day. From StarHub's free unlimited weekend plans to Koda's profit surge, get your daily dose of all the latest in the world of business right here.

Aug 30, 2017

By Aastha Agnihotri

Indian shares recoup even as Mumbai reels under heavy rains

Indian shares recouped from last session's plunge on Wednesday as investors shrugged off geopolitical tensions a day after North Korea fired a missile that flew over northern Japan.

Aug 30, 2017

By Aastha Agnihotri

Yongnam Holdings wins contracts worth S$70 million

Singapore-based Yongnam Holdings, a provider of engineering and construction services, on Wednesday said it secured three new contracts worth a total of S$70 million.

Aug 30, 2017

By Aastha Agnihotri

Singapore stocks gain as North Korea tensions recede

Singapore stocks rebounded on Wednesday, in line with other Asian markets and gains on Wall Street overnight, as concerns about North Korea's firing of a missile over Japan abated.

Aug 30, 2017

By Aastha Agnihotri

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

LinkedIn study reveals 1 in 3 Singaporeans want to leave their jobs after a year

According to the latest study, workers in Singapore are less committed to their current employer, with 34 percent saying that they have no intention of staying with the company for more than a year.

Aug 30, 2017

By Kiersnerr Gerwin Tacadena

Indian shares gain along with Asia on easing Korean woes

Indian shares recouped from last session's plunge on Wednesday as investors shrugged off geopolitical tensions a day after North Korea fired a missile that flew over northern Japan.

Aug 30, 2017

By Aastha Agnihotri

SGX rebounds as Korean tensions abate

Singapore stocks rebounded on Wednesday, inline with other Asian markets and gains on Wall Street overnight, as concerns about North Korea's firing of a missile over Japan abated.

Aug 30, 2017

By Aastha Agnihotri

ISOTeam secures orders worth S$24.2 mln

Singapore-based building maintenance firm ISOTeam secured 15 projects worth S$24.2 million, sending its shares up as much as 3 percent.

Aug 30, 2017

By Aastha Agnihotri

Northern Trust names Ong as head of Singapore operations

Asset management company Northern Trust appointed Yen Leng Ong as country head of Singapore operations and head of South East Asia.

Aug 30, 2017

By Aastha Agnihotri

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