Business News

Uber names new CEO pick

Ending months of speculation, Uber picks Expedias Khosrowshahi as its prospective new CEO.If he takes the job, he would have a steep task ahead of him that includes not just repairing Uber and amp;#39;s corporate image but also creating a profitable business after years of losses.

Aug 28, 2017

By Staff Reporter

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Fragrance Group property purchase to Micro-Mechanics profit surge, get your daily dose of all the latest in the world of business right here.

Aug 28, 2017

By Aastha Agnihotri

Singapore's CapitaLand shuffles management deck

Property developer CapitaLand on Monday announced a slew of management changes, which will take effect from January 1, 2018.

Aug 28, 2017

By Aastha Agnihotri

Indian shares advance; Infosys climbs as Nilekani takes helm

Indian shares gained for a fifth day on Monday, driven by heavyweight Infosys after the country's second-largest software exporter named former CEO and co-founder Nandan Nilekani as its new chairman.

Aug 28, 2017

By Aastha Agnihotri

Singapore's Fragrance Group buys UK's Townhouse Hotel for 12.5 mln stg

Property developer Fragrance Group on Monday said it has acquired the Townhouse Hotel in United Kingdom for 12.5 million sterling.

Aug 28, 2017

By Aastha Agnihotri

Singapore stocks edge higher; lenders gain

Singapore stocks edged higher on Monday, led by gains in lenders such as DBS Group Holdings.

Aug 28, 2017

By Aastha Agnihotri

Micro-Mechanics Q4 profit jumps; declares special dividend

Precision tools maker Micro-Mechanics Holdings on Monday reported a 61 percent jump in fourth-quarter net profit, sending its shares up as much as 6.2 percent.

Aug 28, 2017

By Aastha Agnihotri

Indian shares gain; Infosys rallies as Nilekani takes helm

Indian shares gained for a fifth day on Monday, driven by heavyweight Infosys.

Aug 28, 2017

By Aastha Agnihotri

SGX drifts higher; Hurricane Harvey's impact eyed

Singapore stocks edged higher on Monday, led by gains in lenders such as DBS Group Holdings, but mood remained somber as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers.

Aug 28, 2017

By Aastha Agnihotri

Singapore: Retail shops in two HDB estates up for sale

Knight Frank Singapore launched the sale of three retail shops in the vicinities of Ang Mo Kio, Tampines and Joo Chiat.

Aug 28, 2017

By Kiersnerr Gerwin Tacadena

ST Engineering buys repair assets in U.S. for S$34 mln

ST Engineering said it acquired selected rig repair assets from World Marine of Mississippi in the United States for about S$34 million.

Aug 28, 2017

By Aastha Agnihotri

Singapore's GIC fund boosts investment in Indian real estate

GIC, Singapore's sovereign wealth fund, is boosting its presence in India by partnering with the country's largest real estate developer, DLF Ltd.

Aug 28, 2017

By Kiersnerr Gerwin Tacadena

GuocoLand Q4 profit surges as home sales bump up

Property developer GuocoLand reported a six-fold jump in fourth-quarter net profit, driven by higher residential sales and progressive revenue recognition from residential projects in Singapore.

Aug 28, 2017

By Aastha Agnihotri

Tiong Seng, Ocean Sky unit buys Sloane Court Hotel for S$80.5 mln

TSky Development said it had entered into a deal to buy Sloane Court Hotel at 17 Balmoral Road and lot 99899P of town sub division 26 for S$80.5 million.

Aug 28, 2017

By Aastha Agnihotri

6 foods that can last a century

Some foods can last a century. Here are 6 foods that can last forever. If stored properly they will never spoil and will stay as fresh as the day you bought them.

Aug 27, 2017

By Staff Reporter

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