Business News

SGX falls as DBS Group shares lead losses

Singapore shares edged lower on Monday, hurt by a decline in DBS Group shares after the lender flagged worries over asset quality.

Aug 7, 2017

By Aastha Agnihotri

Samsung chief Jay Y Lee arrives in court for closing arguments in bribery trial

Samsung Electronics Vice Chairman Jay Y Lee arrived at Seoul District Court on 7 August for closing arguments in his bribery trial. Lee, 49, has been in detention since February, and on trial for charges including bribery and embezzlement as part of a scandal that led to Parks ouster. Lee has denied wrongdoing.

Aug 7, 2017

By Staff Reporter

Samsung

Indian shares volatile; Tata Steel climbs ahead of results

Indian shares were little changed on Monday, as gains in miners such as Tata Steel was tempered by selling pressure in software makers.

Aug 7, 2017

By Aastha Agnihotri

Singapore stocks fall; DBS drifts lower

Singapore shares edged lower on Monday, hurt by a decline in DBS Group shares after the lender flagged worries over asset quality.

Aug 7, 2017

By Aastha Agnihotri

World Class Global first-half loss narrows on forex gain

World Class Global reported a smaller loss in the first-half, helped by foreign exchange gains.

Aug 7, 2017

By Aastha Agnihotri

Stratech Group says in preliminary talks with potential investors

Stratech Group on Monday said it has "had preliminary discussions with certain parties" to monetize its intellectual properties and seek investments in the group.

Aug 7, 2017

By Aastha Agnihotri

SPH injects S$8.5m capital in Han Language Centre

Han Language Centre was founded in 1993 and has established a household name in the Chinese education scene.

Aug 7, 2017

By Kiersnerr Gerwin Tacadena

Here is Noble Group's reply to Iceberg's allegations

Commodity trader Noble Group on Monday said it does not want to comment further on allegations hurled by Iceberg Research, having "already commented extensively" on them.

Aug 7, 2017

By Aastha Agnihotri

Singapore's Keppel says director resigns after govt cancels permanent residency

Singapore's Keppel Land said its independent director has resigned as his permanent residency was cancelled after "he was identified as an agent of influence of a foreign country".

Aug 7, 2017

By Aastha Agnihotri

Venezuela: Inauguration of constituent assembly sparks new protests

Venezuela has inaugurated the new legislative superbody elected last week. The 545-member constituent assembly has been condemned by governments across Latin America, the U.S. and EU. Opposition protesters clashed again with security forces in Caracas. They believe the assembly endangers Venezuelas democratic freedoms. The all-powerful body may decide to dissolve the opposition-run congress and will rewrite the constitution, giving the ruling Socialist Party vast new powers.

Aug 5, 2017

By Staff Reporter

UOL's earnings climb 59% to S$109.4m

UOL's hospitality business remained flat in the quarter, with revenue down to S$105.6 million

Aug 5, 2017

By Kiersnerr Gerwin Tacadena

Hamburg zoo welcomes four rare Siberian tiger cubs

Four Siberian tiger cubs got to play outside for the first time at Hagenbeck Zoo in Hamburg. The siblings were born on June 15 to mother Maruschka who made sure the outside enclosure was safe for the two female and two male cubs.

Aug 4, 2017

By Staff Reporter

Usain Bolts funniest moments

Usain Bolt has cemented himself as a sprinting legend, smashing world records and becoming the first person in history to win the 100m and 200m at three consecutive Olympic Games. But the fastest man alive is also known for his fun personality, as he regularly jokes with the press and messes around with fans.

Aug 4, 2017

By Staff Reporter

Akala: Theresa May and the Conservative Party patronise people

The UK conscious rapper on why his songs never get played on daytime radio, the 2017 general election, and whether he would ever go into politics.

Aug 4, 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 DBS Group asset quality woes to CapitaLand's S$170.3 million, get your daily dose of all the latest in the world of business right here!

Aug 4, 2017

By Aastha Agnihotri

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