Singapore shares close down 0.2% on Thursday

SINGAPORE - Thursday proved glum for equities here, as Thanksgiving lethargy in the West extended across the Pacific.

MyRepublic tops up S$70m war chest; sets Q1 2018 for mobile launch

THERE'S no need for MyRepublic to ask who's on the other end of the line this time: The telecommunications company has picked up a lead investor in its latest funding round...
STOCKS

STI up 6.64 points in cautious market

LOCAL traders were cautious on Wednesday, ahead of the domestic growth and inflation numbers out today - but it was still a good day for world markets, on the whole.

Singapore shares close up 0.19% on Wednesday

SINGAPORE - Local traders were cautious on Wednesday, ahead of Thursday's domestic growth and inflation numbers...

MyRepublic snags S$70m investment to scale up products, expand regionally

PRIVATE equity firm Makara Capital is putting S$70 million into telecommunications operator MyRepublic, it announced on Wednesday.
STOCKS

STI rises for third straight day

YESTERDAY saw the third straight day of gains on the local bourse, with the Straits Times Index closing up by 36.79 points, or 1.09 per cent, to 3,423.38.

Keppel Land to divest West Bali site, citing focus on Greater Jakarta market

KEPPEL Land is axing its stake in an Indonesian associate that is set to sell off a West Bali site.

Singapore shares close up 1.09% on Tuesday

TUESDAY saw the third straight day of gains on the local bourse, with the Straits Times Index (STI) closing up by 36.79 points, or 1.09 per cent, to 3,423.38.
STOCKS

Friday's export numbers give stocks zing

LOCAL equities were once more up on Monday, with the boost coming courtesy of export figures last Friday.

Singapore shares close up 0.12% on Monday

LOCAL equities were once more up on Monday, after getting a boost from export figures on Nov 17.
STOCKS

Singapore shares bounce back on excellent export figures

LOCAL equities yesterday bounced back after sterling export figures came in for October. The Straits Times Index (STI) closed higher by 41.08 points, or 1.23 per cent, at 3,382.38, after sagging over a lacklustre week as earnings reporting season winds down.

Singapore shares close 1.23% up on Friday

SINGAPORE - Monthly export figures may have helped to propel local stocks upwards on Friday.

Pan-European Reit takes Singapore IPO leap

THE initial public offering (IPO) of what would be Singapore's first euro-denominated real estate investment trust is now set for the coming fortnight, though with the Reit shorn of some of its original portfolio...

Australia's Cromwell revives pan-European Reit listing after dropping Polish assets from IPO portfolio

AUSTRALIA'S Cromwell Property Group is going ahead with its plan to list its Europe-based real estate investment trust (Reit) here - less than two months after it put the brakes on the initial public offering (IPO) process...

Tat Hong still in the red for Q2 but halves losses

MAINBOARD-LISTED crane supplier Tat Hong Holdings stayed in the red in the second quarter, but halved its losses thanks to improved business Down Under, it said yesterday.

SingPost banks on e-commerce as Q2 net profit slips by 9.5%

THE e-commerce boom continued to prop up earnings at Singapore Post (SingPost), although it on Tuesday posted a fall in second-quarter profits, in the absence of a previous one-off gain.

SingPost Q2 earnings dip by 9.5% in the absence of previous one-off gain

Earnings slipped in the second quarter for Singapore Post (SingPost), despite higher turnover.

Crane supplier Tat Hong's Q2 net loss narrows to 48% from improved performance Down Under

MAINBOARD-LISTED crane supplier Tat Hong Holdings stayed in the red in the second quarter, but its losses were halved on the back of improved performance in its Australian operations.

Jardine C&C purchases 5.53% stake in Vinamilk

MAINBOARD-LISTED Jardine Cycle & Carriage (Jardine C&C) is taking a 5.53 per cent stake in a leading Vietnamese dairy producer, after an auction last Friday by the State Capital Investment Commission of Vietnam (SCIC).

Tat Hong confirms StanChart arm's offer price of S$0.50 a share

MAINBOARD-LISTED Tat Hong Holdings Ltd yesterday confirmed that lender Standard Chartered's private equity arm has made a non-binding proposal to pick up its shares, with an offer price of S$0.50 a share...

Singapore carving itself a spot on new global manufacturing value chains, says Tharman

SINGAPORE is poised to be part of new global value chains in manufacturing amid a technological revolution in the sector, Deputy Prime Minister Tharman Shanmugaratnam said on Thursday, at the launch of a new research and development hub here.

Gain from NetLink Trust IPO masks fall in Singtel's Q2 underlying profit

JULY'S divestment of a majority stake in NetLink Trust propelled Singapore Telecommunications Ltd (Singtel) to a record net profit in the second quarter, the telco announced on Thursday...

Singapore angling itself to be part of new, shorter global value chains in manufacturing: DPM Tharman

SINGAPORE is poised to be part of new global value chains in manufacturing amid a technological revolution, Deputy Prime Minister Tharman Shanmugaratnam said on Thursday.

Singtel Q2 profit jumps 197% to S$2.9b on NetLink Trust divestment, to pay special dividend

SINGTEL announced a 197.1 per cent jump in second-quarter earnings to S$2.9 billion, boosted by gains from the divestment of 75.2 per cent of its stake in NetLink Trust in July this year.

Commodity trader Trafigura to start apprenticeship scheme for A-level, diploma holders

A-LEVEL and diploma holders will soon have another pathway to the world of commodity trading, thanks to a scheme unveiled on Wednesday.