Business
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed…
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Singapore
Business
Stocks to watch: Keppel, Genting Singapore, Silverlake Axis
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 19): Keppel: Keppel will take…
Business
Redefining waste management for a greener Singapore
ENVIRONMENTAL services firm Chye Thiam Maintenance (CTM) made headlines in 2024 when it unveiled plans to deploy Singapore’s first…
Business
Dip in Singapore consumers’ trust in general insurers and insurance sales staff: report
THE level of trust Singapore consumers have in general insurers and their intermediaries such as brokers and advisers slipped in 2024,…
Business
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital…
Business
Singapore shares retreat at Wednesday’s open; STI down 0.7%
SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits…
Business
Boustead Singapore posts 34% higher H1 profit of S$36 million
INFRASTRUCTURE-RELATED engineering and technology group Boustead Singapore posted a 34 per cent rise in net profit to S$36 million for its…
Business
Singapore stocks fall as US dollar strength weighs on Asian stock indices; STI drops 0.8%
The trade-weighted US dollar index is at its highest since Jul 2, and up 4.9% in this quarter SINGAPORE stocks fell on Tuesday (Nov 12) as…
Business
Singapore stocks rise despite tepid regional sentiment; STI up 0.4%
Across the broader market, losers beat gainers 354 to 229 with 1.9 billion securities worth S$1.5 billion changing hands SINGAPORE stocks…
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Singapore proposes anti-scam law to let police order restrictions on bank transfers
SINGAPORE’S police will be able to issue restriction orders limiting banking transactions by individuals who are at risk of falling victim…
Business
Singapore banks lead STI rally to 17-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 17-year high. It was up 1.4 per cent or 50.88 points at…
Business
Goldman promotes Singapore, Hong Kong and Japan bankers to partner
GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival in…
Business
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter…
Business
Genting Singapore Q3 profit dives 63% to S$79.4 million
INTEGRATED resort operator Genting Singapore on Thursday (Nov 7) posted net profit after tax of S$79.4 million for the third quarter ended…
Business
Singapore shares open higher on Thursday; STI up 0.6%
SINGAPORE shares began Thursday (Nov 7) trading in positive territory as markets abroad saw mixed results. As at 9.01 am, the Straits…
Business
Singapore stocks edge up on eve of US elections following regional trend; STI rises 0.5%
THE Straits Times Index (STI) edged up on Monday (Nov 4) by 0.5 per cent or 16.61 points to end at 3,572.04. Across the broader market,…
Business
Hot stock: Genting Singapore shares rise nearly 2% after RWS casino chief steps down
The announcement comes months after MacDonald said he was issued a persona non grata notice, which banned him from Marina Bay Sands’…
Business
Stocks to watch: Genting Singapore, City Developments, Keppel Reit, Oxley
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 4): Genting Singapore: Resorts…
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10-year average return on Singapore Savings Bond picks up to 2.81%
INTEREST rates on the latest issuance of the Singapore Savings Bond (SSB) have risen, after the November tranche saw yields slip to record…
Business
Singapore stocks edge down on Friday; STI falls 0.1%
SINGAPORE equities closed in the red on Friday (Nov 1) as the market returned from a one-day Deepavali break. The Singapore Exchange’s…
Business
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
They expect local lenders to continue posting stable results amid lower net interest margins STRONG wealth management fees are likely to…
Business
Singapore digital economy shrank 2.3% in 2023; efforts to help SMEs adopt generative AI underway: IMDA
SINGAPORE’S digital economy shrank 2.3 per cent in nominal terms to account for S$113.2 billion of the nation’s gross domestic product in…
Business
Singapore shares open almost flat on Tuesday; STI up 0.02%
SINGAPORE shares opened almost flat on Tuesday (Oct 29), after US and Europe’s indices rose overnight. As at 9.01 am, the Straits Times…
Business
Singapore restaurants warn of losses amid challenging business environment
CATALIST-listed restaurant groups Tung Lok Restaurants and Japan Foods Holding (JFH) separately issued profit warnings on Friday (Oct 25),…