Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Singapore's economic growth forecast to Noble Group's disposal, get your daily dose of all the latest in the world of business right here.

Asian shares, oil fall
A man passes a board showing the decline of Straits Times Index (STI), Dow Jones Industrial Average (DJIA) and the Standard and Poor's (S&P) index at the central business district in Singapore. Reuters
  • Singapore stocks fell on Wednesday, in line with Asian shares after a slide on Wall Street overnight as simmering geopolitical tensions kept many investors on edge.
  • An economists poll by the Monetary Authority of Singapore showed analysts have raised their forecasts for Singapore's economic growth in the third quarter, but they expect the economy to grow 2.5 percent this year, unchanged from their forecast in June.
  • Shares in Singapore's largest taxi company, ComfortDelGro fell 1 percent after rival Grab launched what it calls "huge rental discounts" to woo its customers.
  • Commodity trader Noble Group said shareholders approved the sale of its North American gas and power unit to rival Mercuria Energy Group. The stock was down 2 percent.
  • Mushroom production company Yamada Green Resources requested for a voluntary suspension of trading of its shares in light of the fire incident and "financial inconsistencies" during the company's audit.
  • Engineering company Triyards Holdings requested for a voluntary trading suspension as it mulls a viable restructuring plan to shore finances.
  • Ipco International, which operates as a developer and turnkey contractor, said it expects a net loss in the first-quarter on account of foreign exchange translations relating to its units.