Business News

Singapore to launch blockchain technology for interbank payments

Singapore consumer prices inch 0.6% up in July

Singapore's consumer price index (CPI) went up slightly by 0.6%, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) announced.

Aug 23, 2017

By Kiersnerr Gerwin Tacadena

CapitaLand to unveil exclusive online mall on Lazada Singapore

With the aim of boosting its omnichannel strategy, CapitaLand seals the deal with two e-commerce players Lazada and Alibaba.

Aug 23, 2017

By Kiersnerr Gerwin Tacadena

Singapore: OCBC alerts public on rising phone scams impersonating the bank

OCBC inks 10-year deal with Bank of Ningbo in Singapore

OCBC Bank has signed a 10-year strategic cooperation agreement with Bank of Ningbo in China to tap the growth potential in huge banking markets of Hong Kong, Macau, and Guangdong.

Aug 23, 2017

By Kiersnerr Gerwin Tacadena

Indian shares drift higher; Fortis Healthcare gains

Indian shares edged higher for a second day on Wednesday, tracking broader Asian shares, but caution remained ahead of the global central bankers meeting later this week.

Aug 23, 2017

By Aastha Agnihotri

SGX ekes out gain; ComfortDelGro rallies

Singapore stocks edged higher for a second day on Wednesday, led by gains in ComfortDelGro on potential alliance with Uber.

Aug 23, 2017

By Aastha Agnihotri

Hong Kong warns of highest-level storm as trading cancelled

Hong Kong raised its highest storm warning on Wednesday as Typhoon Hato hit the city with heavy winds and rain, forcing the city's stock exchange to cancel trading.

Aug 23, 2017

By Aastha Agnihotri

Global Logistic Properties says unit buys Hallmark for US$121.6 mln

Singapore-listed Global Logistic Properties said its unit CLF2 Singapore Pte. has acquired investment firm Hallmark International Investment for US$121.6 million.

Aug 23, 2017

By Aastha Agnihotri

KrisEnergy signs petroleum deal with Cambodia government

Oil and gas explorer KrisEnergy on Wednesday said it has signed an agreement with Cambodian government to develop nation's first oil field in Cambodia Block A in the Gulf of Thailand.

Aug 23, 2017

By Aastha Agnihotri

ComfortDelGro jumps 11% on potential Uber deal

Taxi operator ComfortDelGro surged as much as 11 percent on Wednesday amidst talks of a potential alliance with U.S.-based Uber Technologies.

Aug 23, 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 Capitaland new PE fund to ComfortDelGro's exclusive talks with Uber, get your daily dose of all the latest in the world of business right here.

Aug 22, 2017

By Aastha Agnihotri

ComfortDelGro in 'exclusive' talks with Uber to form alliance

Taxi operator ComfortDelGro on Tuesday said it is in "exclusive" talks with U.S.-based Uber Technologies to manage its fleet of vehicles and booking software solutions in Singapore.

Aug 22, 2017

By Aastha Agnihotri

Indian shares recoup losses; Infosys halts losing streak

Indian shares rebounded from two-day falls on Tuesday, tracking broader Asian shares after modest gains on Wall Street.

Aug 22, 2017

By Aastha Agnihotri

Singapore stocks snap 5-day losing streak

Markets are focusing on the annual conference of global central bankers hosted by the Kansas City Federal Reserve Bank at Jackson Hole, Wyoming.

Aug 22, 2017

By Aastha Agnihotri

Indian shares rebound as Infosys halts losing streak

Indian shares rebounded from two-day falls on Tuesday, tracking broader Asian shares after modest gains on Wall Street.

Aug 22, 2017

By Aastha Agnihotri

SGX snaps 5-day fall tracking recovery in Asia

Singapore stocks snapped 5-day declines on Tuesday, tracking broader Asian shares as Wall Street recovered from two straight sessions of decline in the previous session.

Aug 22, 2017

By Aastha Agnihotri

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