Market Round-Up: What did you miss?

From Singapore Press Holdings' job cut talks to Tat Hong Holdings' share surge, get your daily dose of all the latest in the world of business right here.

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  • Singapore stocks recouped most of their losses to end higher on Friday, as lenders recovered but weak Asian cues kept investors on edge.
  • The Straits Times Index edged up 0.2 percent or 6 points to 3,220 after shedding as much as 0.4 percent to their lowest in a week earlier in the session.
  • In Asia, stocks fell while safe havens such as the Japanese yen and Swiss franc gained amidst possibility of North Korea conducting another hydrogen bomb test.
  • Food catering firm Neo Group said it entered into an exclusive negotiation agreement to buy shares in ER Marketing and Ever Rich. Its shares fell 0.7 percent.
  • Property developer SingHaiyi Group-led joint venture has won tender for the purchase of Sun Rosier condominium in Singapore at S$271 million. The stock closed unchanged at S$0.12.
  • Crane rental company Tat Hong Holdings jumped as much as 20 percent to S$0.485 after the shares resumed trading on Friday. The trading halt was requested after the Singapore-based company said it has been approached by certain parties on a potential transaction.
  • Singapore Press Holdings is considering job cuts amid a reorganization, Bloomberg reported citing people familiar with the matter.