Business News

Singapore assets under management growth declines year-on-year

Is Singapore heading to full-blown recession in 2017?

Shipments to the biggest trading partners -- the US, China and the European Union -- on are steady decline.

Nov 17, 2016

By Jacob J

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore October exports contract 12% in worse than expected slump

Export numbers hit by an even fall in the shipment of both electronics and non-electronic products.

Nov 17, 2016

By Jacob J

Oil rebounds after 8% fall as Iran says open to talks with Saudi Arabia

Swissco posts US$300 million net loss year to date, goes into judicial management

Singapore's Swissco Holdings reports a S$418.5 million (US$296 million) net loss in the third quarter.

Nov 15, 2016

By Jacob J

Challenges in the New Age Banking Landscape

New age banking: Changing landscape, emerging challenges

Great importance has to be given to future growth and newer product launches.

Nov 14, 2016

By Haribabu Thulluri,

SGX pulls up Swiber Holdings over $710 mln project linked to bond defaults

Offshore vessel provider Vallianz reports 85% fall in third quarter profits

Vallianz reduced aggregate administrative expenses and finance costs in the third quarter.

Nov 14, 2016

By Jacob J

Singapore's e-commerce market to increase S$7.46 billion by 2025

MAS says will act on 'excess volatility' after Singapore dollar slides

MAS says it is ready to curb excessive volatility in the trade- weighted Singapore dollar if needed.

Nov 12, 2016

By Jacob J

India-Japan nuclear deal: Why is it termed controversial and opportunistic?

For India this is a diplomatic win over China after Beijing blocked its entry into the Nuclear Suppliers Group (NSG).

Nov 12, 2016

By Jacob J

Alibaba Singles' Day sales reach US$5b in first hour

Alibaba Singles' Day 2016: US$5 bln sales in 1st hour; know all about biggest online shopping event

Alibaba says 84 percent of sales in the first two hours were ordered through mobile devices.

Nov 11, 2016

By Samhati Bhattacharjya

New Indian currency - Denominations of Rs. 500 and Rs. 1000

India acts against black money: Social media reactions after ban on Rs 500, Rs 1000 currency notes

IBTimes SG explores some hilarious jokes and comments making waves across social media networks.

Nov 9, 2016

By Vinod Yalburgi

Facebook

Asian markets tumble as Donald Trump takes White House; gold, yen rise

Japan's Nikkei 225 lost 5.4 percent while India's Sensex benchmark index lost nearly 6 percent.

Nov 9, 2016

By Jacob J

Us presidential election

CapitaLand fourth quarter profits plunge 40%

CapitaLand reports 28 % rise in Q3 net profits

The Singapore property giant says revenue rose up 27.7 percent to S$1.4 billion.

Nov 9, 2016

By Jacob J

China exports and imports fall more than expected in July due to weakening demand

China exports fall 7.3%; Lack of commodities appetite shows manufacturing weakness has legs

While exports to the US fell 5.6 percent in October, shipments to the EU fell 8.7 percent.

Nov 8, 2016

By Jacob J

Yoma Strategic Q2 net profit soars on telecom tower gains

Earnings per share stood rose to 0.49 Singapore cents, from 0.02 cents.

Nov 8, 2016

By Jacob J

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

GLP says its lease ratio in China is 87 percent and it expects operations to remain stable there.

Nov 8, 2016

By Jacob J

Singapore Airlines takes full control of Tiger Airways

Tiger Air delisting to be effective on Tuesday as SIA privatises budget carrier

SIA crosses the 90 percent threshold needed to delist the low cost carrier.

Nov 7, 2016

By Jacob J

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