Mad about math
WHEN an abnormally high number of babies died in heart surgery in a hospital in Bristol in the United Kingdom in the late 1990s, investigators running a public inquiry turned to David Spiegelhalter for statistical help. And when British authorities wanted to find out whether one of the country...
A sudden surge in cryptocurrency prices this year has pushed their total market capitalisation above US$100 billion in June, for the first time ever.
Cloud with clout
ENTERPRISE sales, to Diane Greene, isn't a matter of sweet talking and expense accounts. Rather, it's "really a science", says the chief of Google's massive cloud computing business, which has set its sights on becoming the top cloud provider in the world...
Google launches Singapore cloud platform
TECH giant Google on Thursday launched a new cloud computing platform in Singapore that aims to reduce data transmission delays for its cloud customers here, as it seeks to gain ground against rivals Amazon and Microsoft globally.
Beginning the day with workouts to keep staff healthy
EVERY weekday morning in an Orchard Road tower block, dozens of people clad in business attire stream out of the lift, tap into work at a fingerprint reader and head straight in, just in time to begin a round of workouts en masse at 8.30 am sharp.
HOCK LOCK SIEW
A Smart Nation needs a smart exchange
THE United States has Edgar, an online database run by the Securities and Exchange Commission that lets investors download company filings in formats that are straightforward for both humans and machines to read. The Hong Kong bourse's accessible listed company filings go as far back as 2000...
HRnetGroup launches S$174m mainboard IPO at 90¢ per share
THE biggest Asian recruitment agency in the Asia-Pacific region excluding Japan has launched an initial public offering (IPO) to become the Singapore Exchange's first mainboard listing this year, seeking to raise about S$174 million largely to grow its business and go shopping...
HRnetGroup seeks to raise S$174m with IPO at S$0.90 per share
RECRUITMENT group HRnetGroup on Thursday launched a S$174 million initial public offering (IPO) on the Singapore Exchange mainboard at a price of S$0.90 per share for about 193.4 million shares.
List of new entrants to watch-list smaller due to revised MTP criteria
THE Singapore Exchange's (SGX's) watch-list for troubled companies has expanded, with 29 fresh entrants and two departures on Monday. Nearly all of the firms newly landed on the watch-list on Monday had failed to meet a minimum trading price (MTP) requirement revised last December. ...
HG Metal, BRC Asia shares jump after activist fund urges sale
SHARES of steel distributor HG Metal and steel mesh maker BRC Asia surged after activist investment fund Quarz Capital Asia published an open letter on Wednesday, saying that HG should consider selling its 22.6 per cent stake in BRC Asia and return money to HG's shareholders...
SIAS asks S i2i to allay fears it can't escape watch-list
THE local investors' lobby has asked mobile prepaid card seller S i2i to assuage shareholders' fears over whether the company can get off the Singapore Exchange's watch-list for struggling companies by a March 2018 deadline...
HG Metal, BRC Asia shares jump after activist fund's open letter
SHARES of HG Metal and BRC Asia surged on Wednesday after activist investment fund Quarz Capital Asia published an open letter saying HG Metal should consider selling its 22.6 per cent stake in BRC Asia.
Winning by stealth
THERE are about 10 sleek boats bunched together near the mouth of the harbour in Malta when one of them suddenly rolls off precariously to one side, breaks free of the gaggle and makes an unexpected lunge forward in what a voiceover commentator in the YouTube video calls "the most daring of...
Fragrance inks deal to buy mixed-use site in Tasmania
PROPERTY group Fragrance Group has inked a deal to buy a mixed-use site in Hobart, Tasmania in Australia, it said in a Singapore Exchange filing on Thursday evening. It did not disclose the price.
UOB Kay Hian's Q1 profit rises 39.4%
BROKERAGE UOB Kay Hian on Monday posted a 39.4 per cent rise in net profit for the first quarter to S$19.7 million.
SingPost to review TradeGlobal purchase after S$185 million writedown, S$65.2m group loss
POSTAL and e-commerce group Singapore Post has slashed dividends after booking a significant impairment from its United States e-commerce unit TradeGlobal in its fiscal fourth quarter.
800 Super's Q3 net profit drops 16.7%
WASTE management company 800 Super Holdings' third-quarter net profit fell 16.7 per cent to S$6.3 million from the previous year, the group said in a Singapore Exchange filing on Friday evening...
SingPost Q4 plunges into the red after massive impairment on TradeGlobal
POSTAL and e-commerce group Singapore Post slashed dividends after booking a significant impairment from its United States e-commerce unit TradeGlobal in its fiscal fourth quarter.
OKH Global sinks into loss in Q3
OKH Global sank into the red in its third quarter, chalking up a net loss of S$25 million compared with a net profit of S$3 million in the preceding year, the group said in a Singapore Exchange filing on Friday evening.
FJ Benjamin back in black in Q3 after disposal gain
STRUGGLING retailer FJ Benjamin managed to pull itself back into the black in its third quarter after a one-off disposal gain.
Hong Leong Asia still mired in red in Q1
HONG Leong Asia stayed in the red for its first quarter despite a rise in revenue.
HPL Q1 net profit rises 12.1% to S$16.1m
PROPERTY group Hotel Properties Ltd (HPL) lifted first-quarter net profit by 12.1 per cent to S$16.1 million from the previous year, it said in a Singapore Exchange filing on Friday evening.
Creditor files to wind up unit of Ezra's OSV arm
BELEAGUERED offshore-services provider Ezra Holdings, which has filed for Chapter 11 bankruptcy protection, said late on Tuesday night that a creditor has carried out its threat to seek the winding up of a wholly owned unit of its offshore support vessel (OSV) subsidiary Emas Offshore Limited (EOL...
E-commerce woes could send Singapore Post back to square one
RECEIVING a reprimand from Singapore Exchange (SGX) last week on governance lapses at Singapore Post (SingPost) more or less closes a chapter for the postal and e-commerce group, which is set to release results on Friday.
SMRT reshuffles board, names new chairman
TRAIN operator SMRT Corporation will be changing its board and the board of its wholly owned unit SMRT Trains as part of "progressive renewal", it said in a press release on Wednesday morning...