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PRIVATE equity firm Shaw Kwei & Partners intends to make a voluntary conditional cash offer to acquire mainboard-listed Chosen Holdings at S$0.24 per share, valuing the plastic components maker...

SEMBCORP Marine has clinched a contract of more than US$1 billion to build three topsides for the Culzean Field development in the North Sea, the rig builder announced on Tuesday.

HEDGE fund launches in Asia are on track to decline for the third straight year as equity-market volatility prompted investors in the region to pare risk.

THREE weeks ago, Bill Gross said economic turmoil in China would support long-term Treasuries. While bonds slid in August, a rally on Tuesday combined with a selloff in China shares shows it may be...

INSURER Great Eastern Holdings has named industry veteran Khor Hock Seng as its new group chief executive officer (CEO), barely two months after he took the helm at rival firm Friends Provident...

SINGPOST has completed the acquisition of local self-storage facility operator Store Friendly Self Storage Group for S$12 million in cash, it said in a Singapore Exchange filing on Tuesday.

WHEN conventional treatments such as surgery and chemotherapy failed to work for a lung-cancer patient after three years, he turned to Vishuo Biomedical for a course of treatment targeted at his...

STOCKS

A 200-point plunge in the Dow Jones Industrial Average's futures contract on Tuesday reminded players that maybe markets have not bottomed yet and dragged the Straits Times Index (STI) 38.67...

WE upgrade our stance from "negative" to "neutral" as we believe price-to-book value (P/BV) valuations of -2SD (standard deviations) may have priced in earnings weakness, which is...

CURRENCIES

THE safe-haven yen and the low-yielding euro rose on Tuesday on concerns about China's economy, as investors unwound bets against the two currencies widely used to fund positions in riskier...