International Business Times, Singapore Edition
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SembMarine eyes S$665.8 mln contract from Norwegian oil major Statoil

Sembcorp Marine on Friday said its unit Sembcorp Marine Rigs & Floaters has signed a letter of intent with Norwegian oil and gas company Statoil for an engineering, procurement and construction contract estimated at US$490 million (S$665.8 million). Nov 10, 2017

Noble Group plunges 11% in heavy trading as liquidity worsens

Shares in Noble Group fell as much as 11 percent to S$0.24 on Friday after the embattled commodity trader reported a third-quarter loss of $1.17 billion and warned that the operating environment remains challenging. Nov 10, 2017

5 things you need to know Yangzijiang Shipbuilding results

China-based Yangzijiang Shipbuilding posted a 208 percent jump in third-quarter profit, sending its shares up as much as 5 percent. Nov 10, 2017

GLP second-quarter results: All you need to know

Warehouse operator Global Logistic Properties (GLP), which got acquired by a Chinese consortium earlier this year, reported a 34 percent jump in second-quarter profit. Nov 10, 2017

Singapore's Fragrance Group posts 30% jump in third-quarter profit

Property developer Fragrance Group on Thursday reported a 30 percent increase in net profit for the third quarter, boosted by increased contribution from its property development segment. Nov 9, 2017

Noble Group posts US$1.2 bln loss in Sept-quarter

Embattled commodity trader Noble Group on Thursday reported a quarterly loss that was in line with the range warned of last month. Nov 9, 2017

Keppel-KBS U.S. REIT gains 2% in trading debut on SGX

Shares in Keppel-KBS U.S. commercial real estate investment trust (REIT) rose as much as 1.7 percent to US$0.895 in trading debut on Thursday. Nov 9, 2017

Ex-OCBC banker charged with forging loans worth S$8 mln

Paul Liew Ziguang, a former mortgage specialist at OCBC Bank, was charged with forging loans amounting to S$8 million on Thursday. Nov 9, 2017

Keppel-KBS U.S. REIT raises S$753 mln in oversubscribed IPO

The initial public offering (IPO) of Keppel-KBS U.S. commercial real estate investment trust (REIT) received strong demand from both institutional and retail investors. Nov 9, 2017

5 things to watch out for in Noble Group results

Noble Group results will be in the spotlight on Thursday as the commodities trader prepares to unveil a massive quarterly loss, hit by one-time charges. Nov 9, 2017

Singtel quarterly profit soars 197% on divestment gains; to pay special dividend

Singapore Telecommunications on Thursday reported a 197 percent surge in second-quarter profit, boosted by gains from the divestment of 75.2 percent of its stake in NetLink Trust in July this year. Nov 9, 2017

NASA plans to revolutionise the aircraft industry with this new concept

Nasas Advanced Air Transport Technology Project is working on new tech that can provide commercial aircraft with better efficiency with less noise and fewer emissions. Nov 8, 2017

Boustead Projects Q2 profit rises 31% on cost savings

Engineering services provider Boustead Projects on Wednesday reported a 31 percent rise in second-quarter profit, helped by improved gross margin and cost savings. Nov 8, 2017

U.S. brokerage Charles Schwab opens first Singapore office

NYSE-listed global wealth manager and brokerage firm Charles Schwab on Wednesday said it would open its Singapore office. Nov 8, 2017

Twitter expands to 280-character tweets starting today

Microblogging website Twitter Inc said it would expand to 280 characters tweets to users across the world. Nov 8, 2017
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