Company News – Latest Companies news and Analysis IBTimes Singapore

Ranbaxy ex-promoters fined Rs 2,500 cr by Japanese pharma company for concealing facts

Singapore court fines former Ranbaxy promoters $400 mln for hiding facts in Daiichi deal

Court says Malvinder Singh and Shivinder Singh concealed facts leading to losses for Daiichi Sankyo.

May 6, 2016

By Samhati Bhattacharjya

SingPost audit showing lapses by Keith Tay may trigger regulatory probe

Singapore Exchange also said disciplinary action will be taken if any breaches of the listing rules are found.

May 5, 2016

By Jacob J

Halliburton to pay Baker Hughes $3.5 bln as merger deal unravels

There were concerns the merger have create a monopoly that would result in higher prices in the sector.

May 2, 2016

By Jacob J

Statoil helicopter crash kills 11; Norway says copter had suffered technical faults

Statoil helicopter crashes in North Sea killing 13; Norway says copter suffered technical faults

The helicopter that crashed was one of the many that service offshore oil platforms in the North Sea.

Apr 29, 2016

By Jacob J

ErosNow ventures into Malaysian telecom market

Eros to tap Malaysia's 2-million Indian origin viewers in tie-up with Maxis and U Mobile

Eros says it is the only Indian digital over-the-top platform to penetrate the growing Malaysian market.

Apr 29, 2016

By Samhati Bhattacharjya

UOB reports 4.4% drop in profits in first quarter

UOB says it received higher net interest income in the quarter ended March 31.

Apr 28, 2016

By Jacob J

FBI cracks San Bernardino shooter's encrypted iPhone, drops case against Apple

Apple Q2 results: iPhone maker up against insurmountable statistical odds?

Apple profits edge sharply lower with net income falling to $10.5 billion from $13.6 billion in the same quarter last year.

Apr 27, 2016

By Jacob J

Great Eastern Q1 net profit falls 56%

The losses were due to unrealized fair value losses from the valuation of assets and unfavorable financial market conditions, the company said.

Apr 26, 2016

By Boby Michael

Raffles Medical Group Q1 profit rises 3.7%; revenue up 23%

The company did not announce any dividend after reporting earnings per share of at 2.7 Singapore cents for the first quarter.

Apr 25, 2016

By Jacob J

Brokerages in Singapore raided for possible manipulation and insider trading

The MAS said they have obtained documents and items from several broking firms and trading representatives.

Apr 22, 2016

By Boby Michael

Mitsubishi shares plunge 16% as mileage cheating scandal escalates

US National Highway Traffic Safety Administration asks Mitsubishi for information on vehicles sold in the US.

Apr 22, 2016

By Jacob J

Singapore central bank probes broking firms over insider trading and manipulation

MAS and CAD seize documents from several broking firms and trading representatives as part of the probe.

Apr 22, 2016

By Jacob J

Singapore slaps penalty on companies that failed to block data breaches

Singapore's privacy laws authorises slapping a penalty of $1 million on organisations that fail to protect consumers' personal data.

Apr 21, 2016

By Jacob J

Malaysian PM Najib's brother Nazir Razak 'offered to resign' as CIMB chairman

Nazir, who was re-elected as CIMB chairman, said the funds transfer was a one-off event to help his brother.

Apr 18, 2016

By Jacob J

Panama police raids offices of Mossack Fonseca

The company officials claim it has not broken laws.

Apr 13, 2016

By Jayalakshmi K

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5 Bangladeshis charged for financing terror attacks to appear in court

India's Myopic Trust in Bangladesh Needs a Critical Relook

By IBTimes SG Desk

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Company News – Latest Companies news and Analysis IBTimes Singapore

Singapore court fines former Ranbaxy promoters $400 mln for hiding facts in Daiichi deal

SingPost audit showing lapses by Keith Tay may trigger regulatory probe

Halliburton to pay Baker Hughes $3.5 bln as merger deal unravels

Statoil helicopter crashes in North Sea killing 13; Norway says copter suffered technical faults

Eros to tap Malaysia's 2-million Indian origin viewers in tie-up with Maxis and U Mobile

UOB reports 4.4% drop in profits in first quarter

Apple Q2 results: iPhone maker up against insurmountable statistical odds?

Great Eastern Q1 net profit falls 56%

Raffles Medical Group Q1 profit rises 3.7%; revenue up 23%

Brokerages in Singapore raided for possible manipulation and insider trading

Mitsubishi shares plunge 16% as mileage cheating scandal escalates

Singapore central bank probes broking firms over insider trading and manipulation

Singapore slaps penalty on companies that failed to block data breaches

Malaysian PM Najib's brother Nazir Razak 'offered to resign' as CIMB chairman

Panama police raids offices of Mossack Fonseca

India's Myopic Trust in Bangladesh Needs a Critical Relook

India's Myopic Trust in Bangladesh Needs a Critical Relook

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities