Articles by Aastha Agnihotri

City Developments CEO resigns; Q2 profit falls

Property developer City Developments on Friday said its Chief Executive Officer Grant Lewis Kelley has resigned and that it has appointed Sherman Kwek as CEO-designate with immediate effect.

Aug 11, 2017

Noble Group looks to raise $2.5 billion to refinance debt

Here's why Noble shares are up despite H1 loss, debt spike

Shares of debt-laden commodities trader Noble Group surged as much as 20 percent on Friday, despite the Hong Kong-based company reported a quarterly loss and a surge in debt.

Aug 11, 2017

Singtel profit hurt by Bharti Airtel, exceptional charges

Singtel on Friday reported a slightly 6 percent drop in first-quarter profit, hurt by lower contributions from its Indian associate and exceptional charges at Australian unit Optus.

Aug 11, 2017

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.

Aug 10, 2017

Indian shares extend fall; Tata Motors slumps

Indian shares fell for a fourth session on Thursday, dragged down by Tata Motors after disappointing outlook while geopolitical worries regarding North Korea also hampered risk appetite.

Aug 10, 2017

Noble posts $1.75 bln loss; debt continues to swell

Commodity trader Noble Group on Thursday posted a quarterly loss of as it tries to rope-in strategic investor to end restructuring.

Aug 10, 2017

Wilmar International swings to Q2 profit as grains business recover

Singapore-based agribusiness giant Wilmar International on Thursday swung to a second-quarter profit, helped by a recovery in oilseeds and grains businesses.

Aug 10, 2017

SGX ekes out gain amid weak global cues; DBS rises

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.

Aug 10, 2017

Indian shares drift lower on weak global cues

Indian shares fell for a fourth session on Thursday due to the increasing tensions between the U.S. and North Korea after the two countries exchanged threats.

Aug 10, 2017

Singapore stocks edge higher; Venture Corp climbs 4%

Singapore shares snapped four-day fall on Thursday, led by gains in Venture Corp and DBS Group, even as global sentiment remained jittery due to lingering North Korea tensions.

Aug 10, 2017

Hong Kong stocks dive along with Asia on Korea tensions

Hong Kong equities fell for a second session on Thursday, losing more than 1 percent, following a sell-off in the U.S. and Europe on escalating geopolitical tensions.

Aug 10, 2017

mm2 Asia still in talks to buy Golden Village; shares plunge

Media content provider mm2 Asia on Thursday said it is still in talks to buy 50 percent interest in Golden Village cinema business in Singapore.

Aug 10, 2017

Indian shares fall on U.S.- North Korean tensions

Indian shares fell for a third session on Wednesday, in line with the fall in Asian shares, on increasing tensions between the U.S. and North Korea after the two countries exchanged threats.

Aug 9, 2017

Indian shares drop for third day on Korea tensions

Indian shares fell for a third session on Wednesday, in line with the fall in Asian shares, on increasing tensions between the U.S. and North Korea after the two countries exchanged threats.

Aug 9, 2017

Here's why North Korea wants to strike U.S. island Guam

North Korea on Wednesday said it is considering plans to attack U.S. island territory Guam.

Aug 9, 2017

Hong Kong stocks fall as North Korea tensions escalate

Hong Kong equities fell on Wednesday, in line with a fall in Asian shares, on increasing tensions between the U.S. and North Korea after the two countries exchanged threats.

Aug 9, 2017

ThaiBev buys KFC stores worth $340 mln in Thailand

Thai Beverage said its unit has signed a deal with Yum Restaurants to buy more than 240 existing and developing KFC stores in Thailand for about 11.3 billion thai baht.

Aug 9, 2017

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Yangzijiang Shipbuilding share surge to Sabana REIT buyout talks, get your daily dose of all the latest in the world of business right here.

Aug 8, 2017

Restaurant chain Jumbo's Q3 profit slips

Jumbo Group, which operates seafood restaurants in Singapore, China and Japan, on Tuesday reported a slightly lower profit for the third-quarter profit.

Aug 8, 2017

Farmland owner QAF's quarterly profit slumps

QAF, whose brands include Gardenia and Farmland, on Tuesday reported a 72 percent slump in the second-quarter profit due to lower selling prices at Rivalea and higher foreign exchange losses.

Aug 8, 2017

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