Business SG

Shanghai Disneyland closes over Wuhan virus concerns

Channel News Asia SG Business - January 24, 2020

Shanghai Disneyland closes over Wuhan virus concerns

Channel News Asia SG Business - January 24, 2020

SHANGHAI: Shanghai Disneyland will close until further notice this weekend due to a deadly virus outbreak...

Singapore’s land transport operators, ride-hailing services respond to Wuh...

Channel News Asia SG Business - January 24, 2020

SINGAPORE: Singapore’s land transport operators have responded to the Wuhan virus threat, with ComfortDelgro saying on Friday...

Bayer faces fourth US Roundup cancer trial in Monsanto home court

Channel News Asia SG Business - January 24, 2020

Bayer AG is set to face a fourth U.S. jury trial over allegations that its...

Ericsson fourth-quarter core profit hit by slowdown in US business

Channel News Asia SG Business - January 24, 2020

Swedish telecoms equipment group Ericsson reported a sharp rise in fourth-quarter core earnings on Friday,...

Singapore manufacturing output down for second month in December

Channel News Asia SG Business - January 24, 2020

SINGAPORE: Singapore’s manufacturing output declined for a second consecutive month in December 2019, according to data...

Nestle teams up with Canadian plant-based ingredients makers

Channel News Asia SG Business - January 24, 2020

Food group Nestle has teamed up with Canadian plant-based food ingredient makers Burcon and Merit...

Takeaway says 90per cent of Just Eat shareholders have tendered shares

Channel News Asia SG Business - January 24, 2020

Dutch online food ordering service Takeaway.com said on Friday that 90.2per cent of Just Eat...

Global stocks steady as caution on China virus continues; euro hits seven-week l...

Channel News Asia SG Business - January 24, 2020

Stocks made a barely positive start in early Asian trade on Friday after the world’s...

Euro near seven-week low after ECB; virus fears support yen

Channel News Asia SG Business - January 24, 2020

The euro hovered near a seven-week low against the dollar on Friday after the European...

US to unveil crackdown on counterfeit, pirated e-commerce goods

Channel News Asia SG Business - January 24, 2020

The Trump administration plans to unveil efforts on Friday to crack down on counterfeit and...

Guyana opening search for oil firm to trade its crude

Channel News Asia SG Business - January 24, 2020

Guyana’s government next month plans to begin a search for an oil company or trading...

US extradition battle over Huawei’s Meng ends first phase but Canada court...

Channel News Asia SG Business - January 24, 2020

The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be...

Gilead assessing potential use of Ebola drug as Wuhan virus treatment

Channel News Asia SG Business - January 24, 2020

FOSTER CITY, California: Gilead Sciences Inc said on Thursday (Jan 23) it was assessing whether...

Starhub and M1 to jointly bid for 5G licence

SG Business Review - January 24, 2020

Submitted By:  Clarist Zablan Case Study:  No They are working towards the deadline for proposals....

Keppel Corp’s profits crashed 25.5% to $706.98m in 2019

SG Business Review - January 24, 2020

Submitted By:  Clarist Zablan Case Study:  No Its other operating income plunged 67.1% partly from...

Grab, Razer in talks for Malaysian digital banking licence bid

SG Business Review - January 24, 2020

Submitted By:  Staff Reporter Case Study:  No Up to five licences will be granted to...

OEL obtains S$1.2m loan from controlling shareholder

Business Times - January 24, 2020

OEL (Holdings) Limited on Thursday said it has entered into a loan agreement with controlling...

ARA H-Trust sets up S$800m debt issuance programme

Business Times - January 24, 2020

ARA US Hospitality Trust (ARA H-Trust) has established an S$800 million multicurrency stapled debt issuance...

Sabana Reit posts Q4 DPU of 0.77 S cent

Business Times - January 24, 2020

SABANA Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) on Thursday evening posted a fourth-quarter distribution...

HDB rents inched up 1.3% YoY in December

SG Business Review - January 24, 2020

Submitted By:  Shaina Teope Case Study:  No The rents for all room types, except three-room...

Koh Bros Q4 net profit up 29% to S$2.4m

Business Times - January 24, 2020

MAINBOARD-LISTED construction player Koh Brothers Group posted a 29 per cent rise in net profit...

Lian Beng plans to sell stake in asphalt premix maker for S$9.4m

Business Times - January 24, 2020

LIAN Beng Group is looking to dispose of its 40 per cent stake in United...

US bank regulator charges ex-Wells Fargo executives for role in sales scandal

Channel News Asia SG Business - January 24, 2020

Wells Fargo & Co’s regulator on Thursday announced it had brought civil charges against eight...

Boeing reschedules 777X plane’s first test flight to Friday

Channel News Asia SG Business - January 24, 2020

Boeing Co said its 777X airplane’s first test flight would take place on Friday, after...

Commentary: Women managers face double standards at work

Channel News Asia SG Business - January 24, 2020

Gendered differences in expectations make us see Queen Bees when they aren’t really there, say...

Exclusive: Guyana opening search for oil firm to trade its crude – official

Channel News Asia SG Business - January 24, 2020

Guyana’s government next month plans to begin a search for an oil company or trading...

Italy tax police search offices of Eni managers in obstruction probe: sources

Channel News Asia SG Business - January 24, 2020

Italian tax police searched the Milan offices of three managers at Eni on Thursday to...

JPMorgan raises CEO Dimon’s pay to US$31.5 million

Channel News Asia SG Business - January 24, 2020

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will get a nearly 2per cent...

Intel sees 2020 revenue above estimates as chip demand recovers

Channel News Asia SG Business - January 24, 2020

Intel Corp forecast full-year revenue above analysts’ estimates on Thursday, helped by higher sales of...

Nasdaq edges to record as investors monitor China virus

Channel News Asia SG Business - January 24, 2020

NEW YORK: Wall Street stocks finished mostly higher on Thursday (Jan 23), with the Nasdaq edging...

Broadcom to supply wireless components to Apple

Channel News Asia SG Business - January 24, 2020

Chipmaker Broadcom Inc said on Thursday it has entered into two multi-year agreements with Apple...

Insys founder Kapoor sentenced to 66 months in prison: judge

Channel News Asia SG Business - January 24, 2020

Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison for his role...

S&P 500, Nasdaq end higher with Netflix

Channel News Asia SG Business - January 24, 2020

The S&P 500 ended slightly higher and the Nasdaq eked out a record high close...

Trump announces adjustments to washer tariff quotas: proclamation

Channel News Asia SG Business - January 24, 2020

WASHINGTON: U.S. President Donald Trump announced on Thursday adjustments to tariff-rate quotas (TRQ) on large...

Exclusive: Trump to sign USMCA trade deal Wednesday at the White House – source

Channel News Asia SG Business - January 24, 2020

U.S. President Donald Trump will sign a trade pact agreed between the United States, Mexico...

SGX buys 93% stake in index provider Scientific Beta for $280m

SG Business Review - January 24, 2020

Submitted By:  Clarist Zablan Case Study:  No This will expand its Data, Connectivity and Indices...

Chart of the Day: Retail space pipeline until 2022 to hit 602,000 sqft

SG Business Review - January 24, 2020

Submitted By:  Clarist Zablan Case Study:  No Supply per year falls far behind the past...

Daily Briefing: SIA to upsize Boeing fleet in India; Fish farmers Barramundi Asi...

SG Business Review - January 24, 2020

Submitted By:  Staff Reporter Case Study:  No And food delivery app Hi-So secures funding. From...

Daily Markets Briefing: STI down 0.6%

SG Business Review - January 24, 2020

Submitted By:  Shaina Teope Case Study:  No YZJ Shipbuilding saw the sharpest decline amongst top...

Cache Logistics Trust Q4 DPU falls 8.4% to 1.376 S cents

Business Times - January 24, 2020

CACHE Logistics Trust’s distribution per unit (DPU) fell 8.4 per cent to 1.376 Singapore cents...

Frasers Property buying London office buildings for £135m

Business Times - January 24, 2020

A SUBSIDIARY of Frasers Property is acquiring the entire stake in Bedfont Lakes which holds...

ESR-Reit DPU for Q4 slips 0.5% to S$0.01

Business Times - January 24, 2020

ESR-REIT’S distribution per unit (DPU) slipped 0.5 per cent to one Singapore cent for the...

Shareholders of Alita Resources seek answers amid ‘forced takeover’

Business Times - January 24, 2020

SHAREHOLDERS of Alita Resources, formerly Alliance Mineral Assets, will see their investments go to zero,...

Allied Tech CEO, CFO to assist in CAD probe

Business Times - January 24, 2020

ALLIED Technologies’ chief executive officer Clement Leow Wee Kia and chief financial officer Ong Lizhen...

Frasers Hospitality Trust posts higher Q1 DPS of 1.3301 S cents

Business Times - January 24, 2020

FRASERS Hospitality Trust on Thursday posted a first-quarter distribution per stapled security (DPS) of 1.3301...

Global Invacom – much promise, but not yet ‘ready to launch’

Business Times - January 24, 2020

SOME companies are easier to dress up than others and while they do many things...

Keppel Corp Q4 net profit up on better showing from most divisions

Business Times - January 24, 2020

MAINBOARD-LISTED conglomerate Keppel Corporation reported 41.5 per cent higher net earnings at S$191.4 million for...

SGX invests 186m euros in index firm; Q2 net profit up 3%

Business Times - January 24, 2020

SINGAPORE Exchange (SGX) is coughing out 186 million euros in cash (S$280 million) for a...

StarHub, M1 join forces to vie for Singapore 5G network licence

Business Times - January 24, 2020

STARHUB and M1 on Thursday announced an exclusive pact to jointly bid for a 5G...

French investigators to move ahead with Ghosn prosecution over palace party

Channel News Asia SG Business - January 24, 2020

French prosecutors investigating a party that former Renault-Nissan boss Carlos Ghosn threw for his wife...

S&P Global places Boeing’s rating on credit watch negative

Channel News Asia SG Business - January 24, 2020

S&P Global Ratings on Thursday placed Boeing Co’s ‘A-‘ credit rating on ‘credit watch’ with...

PES creditors fight to reject refinery sale to Hilco: court documents

Channel News Asia SG Business - January 24, 2020

NEW YORK: Creditors of bankrupt Philadelphia Energy Solutions are opposing the sale of its oil...

Uber will begin data collection for self-driving vehicles on Friday in Washingto...

Channel News Asia SG Business - January 24, 2020

Uber Technologies Inc said Thursday the company will begin data collection for self-driving vehicles on...

Goldman Sachs to companies: Hire at least one woman director if you want to go p...

Channel News Asia SG Business - January 24, 2020

From June 30, Goldman Sachs Group Inc will only help take a company public if...

European stocks retreat, oil slides as China struggles with virus

Channel News Asia SG Business - January 24, 2020

LONDON: European markets slid on Thursday (Jan 23) on investor nervousness surrounding the spread of...

Central bank digital currencies: Moving towards reality?

Channel News Asia SG Business - January 24, 2020

Central banks are looking at creating their own digital currencies – a stark contrast to...

White House says it takes reports of Amazon chief Bezos’ phone hack seriously

Channel News Asia SG Business - January 24, 2020

The White House on Thursday said it is taking reports about the hacking of Amazon...

US regulator to review recommendation on Fiat Chrysler’s Jeep complaint ag...

Channel News Asia SG Business - January 24, 2020

A U.S. regulator said it will review part of a recommendation made last fall that...

Comcast results beat forecasts on broadband growth; ‘Cats’ hits NBC ...

Channel News Asia SG Business - January 24, 2020

Comcast Corp on Thursday beat Wall Street’s revenue and profit estimates due to growth in...

Greek top court approves extradition of cybercrime suspect

Channel News Asia SG Business - January 24, 2020

Greece’s top administrative court has ruled in favour of extraditing to France a Russian man...

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