Business News

Singapore stocks recoup as Korean tensions ease

Singapore shares rebounded on Monday, tracking a firmer Asia and Wall Street, as tensions between the United States and North Korea showed signs of easing.

Aug 14, 2017

By Aastha Agnihotri

Spackman Entertainment to buy Take Pictures for undisclosed value

Spackman Entertainment, a South Korean theatrical film production group, on Monday announced its proposed acquisition of Take Pictures Pte for an undisclosed amount.

Aug 14, 2017

By Aastha Agnihotri

Ezion suspends trading after Q2 loss

Ezion Holdings, a provider of offshore marine logistics services, on Monday requesting trading suspension as it discusses funding options with its shareholders following a quarterly loss.

Aug 14, 2017

By Aastha Agnihotri

MTI, STB seek feedback on amendments for travel agents law

Singapore's non-oil domestic exports growth eases to 2.7% in Q2

According to the latest quarterly data released by the International Enterprise (IE) Singapore, the easing was due to the slight decline in non-electronic products exports.

Aug 14, 2017

By Kiersnerr Gerwin Tacadena

Vallianz Holdings profit climbs on Middle East growth

Vallianz Holdings, a provider of offshore support vessels, on Monday posted a 12.5 percent rise in quarterly profit, helped by growth at its Middle East market.

Aug 14, 2017

By Aastha Agnihotri

Singapore Medical Group H1 profit soars; stock rallies 5%

Singapore Medical Group on Monday said first-half profit grew more than six times, fueled by growth at its healthcare services segment.

Aug 14, 2017

By Aastha Agnihotri

Stellar Q2 profit lifts mm2 Asia shares

Media content provider mm2 Asia on Monday reported a 30 percent jump in quarterly profit, boosted by growth at its North Asia business and strong performance of subsidiaries.

Aug 14, 2017

By Aastha Agnihotri

Rotimatic: Flatbread-making robot hits stores, available in Singapore's Mustafa Centre

Zimplistic founder Pranoti Nagarkar said the roti-maker machine Rotimatic is now available in Singapore Mustafa Centre.

Aug 13, 2017

By Kiersnerr Gerwin Tacadena

Weaker Sterling pound badgers ComfortDelgro's Q2 net profit

ComfortDelGro posted a revenue decline for the second quarter due to the weaker Sterling Pound.

Aug 13, 2017

By Kiersnerr Gerwin Tacadena

Singapore retail sales up 1.9% despite drop in auto sales

The Department of Statistics of Singapore (SingStat) revealed that retail sales index went up by 1.9 percent despite the drop in motor vehicles sales.

Aug 13, 2017

By Kiersnerr Gerwin Tacadena

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Noble Group share surge to Wilmar International stock plunge, get your daily dose of all the latest in the world of business right here.

Aug 11, 2017

By Aastha Agnihotri

India's Sensex posts biggest weekly drop since February

Indian shares fell for a fifth session on Friday as concerns over corporate growth recovery and increasing tensions between the U.S. and North Korea continued to dampen investor sentiment.

Aug 11, 2017

By Aastha Agnihotri

Korean tensions pull SGX lower; Financials hit hard

Global risk appetite faltered amidst increasing geopolitical worries regarding North Korea, resulting in investors piling onto havens such as U.S. Treasuries, gold and the yen.

Aug 11, 2017

By Aastha Agnihotri

Airtel drags Singtel's net profit, down 6% to S$892m

Singtel recorded a 6% drop in its net profit due to Airtel's increasing competition in India.

Aug 11, 2017

By Kiersnerr Gerwin Tacadena

India's Sensex poised for biggest weekly drop since February

Trump's second warning has shaken markets that have been largely resilient this year.

Aug 11, 2017

By Aastha Agnihotri

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