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SINGAPORE transport operator ComfortDelGro Corporation has incorporated a subsidiary, Metroline Rail Limited, in the UK to seek opportunities in the rail business in London, the company announced in...

CHINESE steel company Novo Group's losses for the fourth quarter ended April 2015 widened to US$11.32 million from US$6.52 million in the year-ago period as it slashed selling prices of its...

THE Singapore market is attractively valued, and market valuations in the medium term can be driven by the restructuring and internationalisation of government-linked companies (GLCs) here, said...

SINGAPORE's total value of completed merger and acquisition (M&A) deals may fall this year on the back of sluggish world trade volumes and China's economic slowdown, according to Baker...

IN WHAT must be a welcome relief for the local IPO-dry stock market, Manulife US Real Estate Investment Trust (Manulife US Reit), a unit of Canadian insurer Manulife Financial Corporation, is aiming...

SUNTEC Real Estate Investment Trust is selling Park Mall to Park Mall Pte Ltd for S$411.8 million, said ARA Trust Management (Suntec), the manager of Suntec Reit, on Monday.

DEL Monte Pacific (DMPL) posted a net loss of US$14.1 million for the fourth quarter ended April, narrowing its losses from US$38.7 million a year ago. This included non-recurring expenses amounting...

ASIA-PACIFIC Strategic Investments has entered into a nonbinding memorandum of understanding (MOU) to acquire an additional gold mine as part of its proposed acquisition of Coeur Gold Armenia (CGA)...

STOCKS

THERE were no surprises as the Straits Times Index (STI) fell 40.72 points or 1.2 per cent on Monday to 3,280.18, weighed down by the turmoil in Europe from Greece's financial problems. The loss...

UOB has been known for its conservative growth but we believe the market may have overlooked the lack of its fee income differentiation as well as Greater China presence.