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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 massive losses to Wilmar International's profits, get your daily dose of all the latest in the world of business right here.

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Reuters
  • Singapore shares snapped four-day fall on Thursday, led by gains in lenders such as DBS Group even as sentiment remained jittery due to lingering North Korea tensions.
  • The Straits Times Index rose 0.16 percent or 5 points to end at 3,323.
  • mm2 Asia advanced 1 percent after the media content provider said it is still in discussions with Village Cinemas Australia on possible options regarding the purchase of a 50 percent interest in Golden Village cinema business in Singapore.
  • Agribusiness giant Wilmar International swung to a second-quarter profit, helped by a recovery in oilseeds and grains businesses.
  • Commodity trader Noble Group on Thursday reported a higher half-year loss and increased debt as it tries to rope-in strategic investor to end restructuring.
  • Food manufacturing company QAF, whose brands include Gardenia and Farmland, fell 7.3 percent after it reported a 72 percent slump in the second-quarter profit.
  • Jumbo Group, which operates seafood restaurants in Singapore, China and Japan, lost 5 percent after reporting a slight drop in profit for the third-quarter profit.
  • Thai Beverage was down 1 percent. The liquor maker on Tuesday said its unit The QSR of Asia has signed a deal with Yum Restaurants to buy more than 240 KFC stores in Thailand for about 11.3 billion thai baht.

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