Koda full-year profit surges; declares special dividend

Furniture maker Koda on Tuesday reported a near 156 percent jump in full-year net profit, powered by streamlining of its manufacturing operations coupled with the expansion of its retail brand Commune.

Aug 29, 2017

Indian shares snap 4-day gains on geopolitical woes

Indian shares snapped four-day gains on Tuesday on profit booking in financials and capital goods stocks.

Aug 29, 2017

Swiber Holdings says creditors commence voluntary liquidation of unit

Singapore-based Swiber Holdings on Tuesday said the creditors have commenced the voluntary liquidation of its unit Swiber Engineering.

Aug 29, 2017

SGX falls along with global stocks on Korea tensions

Singapore stocks fell on Tuesday, dragged down by lenders such as DBS Group Holdings amidst renewed geopolitical worries after North Korea fired a missile over northern Japan.

Aug 29, 2017

GLP to sell four Japanese properties for US$472 mln

Global Logistic Properties (GLP) on Tuesday said it signed an agreement to sell four Japanese properties for US$472 million, as part of its capital recycling strategy.

Aug 29, 2017

India's Nifty slips below 9,900 on weak global cues

Indian shares snapped five-day gains on Tuesday on profit booking in financials and capital goods stocks.

Aug 29, 2017

Singapore stocks drop after North Korea missile launch

Singapore stocks edged lower on Tuesday, dragged down by lenders such as DBS Group Holdings amidst renewed geopolitical worries after North Korea fired a missile over northern Japan.

Aug 29, 2017

Geo Energy makes foray into Indonesian e-commerce biz

Coal miner Geo Energy Resources on Tuesday said it has formed a new subsidiary to invest in a controlling stake in an online e-commerce portal in Indonesia.

Aug 29, 2017

Keppel Corp's unit to issue S$150 mln worth of 2.843% notes due 2023

Singaporean conglomerate Keppel Corp said its Keppel Land has priced S$150 million worth of 2.843 percent notes due 2023.

Aug 29, 2017

Perennial, Yanlord extend United Engineers' offer to Sept 12

A consortium led by Singapore-listed property developers Perennial Real Estate Holdings and Yanlord Land Group have extended their takeover offer for United Engineers (UE) to September 12.

Aug 29, 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 Fragrance Group property purchase to Micro-Mechanics profit surge, get your daily dose of all the latest in the world of business right here.

Aug 28, 2017

Singapore's CapitaLand shuffles management deck

Property developer CapitaLand on Monday announced a slew of management changes, which will take effect from January 1, 2018.

Aug 28, 2017

Indian shares advance; Infosys climbs as Nilekani takes helm

Indian shares gained for a fifth day on Monday, driven by heavyweight Infosys after the country's second-largest software exporter named former CEO and co-founder Nandan Nilekani as its new chairman.

Aug 28, 2017

Singapore's Fragrance Group buys UK's Townhouse Hotel for 12.5 mln stg

Property developer Fragrance Group on Monday said it has acquired the Townhouse Hotel in United Kingdom for 12.5 million sterling.

Aug 28, 2017

Singapore stocks edge higher; lenders gain

Singapore stocks edged higher on Monday, led by gains in lenders such as DBS Group Holdings.

Aug 28, 2017

Micro-Mechanics Q4 profit jumps; declares special dividend

Precision tools maker Micro-Mechanics Holdings on Monday reported a 61 percent jump in fourth-quarter net profit, sending its shares up as much as 6.2 percent.

Aug 28, 2017

Indian shares gain; Infosys rallies as Nilekani takes helm

Indian shares gained for a fifth day on Monday, driven by heavyweight Infosys.

Aug 28, 2017

SGX drifts higher; Hurricane Harvey's impact eyed

Singapore stocks edged higher on Monday, led by gains in lenders such as DBS Group Holdings, but mood remained somber as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers.

Aug 28, 2017

ST Engineering buys repair assets in U.S. for S$34 mln

ST Engineering said it acquired selected rig repair assets from World Marine of Mississippi in the United States for about S$34 million.

Aug 28, 2017

GuocoLand Q4 profit surges as home sales bump up

Property developer GuocoLand reported a six-fold jump in fourth-quarter net profit, driven by higher residential sales and progressive revenue recognition from residential projects in Singapore.

Aug 28, 2017