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Noble Group's chief executive officer said the region's top commodity trader still has the support of its banks, stepping up efforts to restore confidence after shareholders backed the sale of its agricultural unit and the company nibbled away at its debt burden by buying back bonds.

Buy-in penalties, quarterly reporting targeted in sweeping review of SGX rules

Singapore Exchange (SGX) is looking into a raft of potential changes to the structure of the stock market, including scrapping automatic penalties for buy-ins, reviewing its calculation of the minimum trading price (MTP) and studying the need for quarterly reporting and dual-class shares, chief executive Loh Boon Chye announced on Thursday.


Singapore employment growth in 2015 slowest since 2003: MOM

Singapore's total employment grew by 31,800, or 0.9 per cent, in 2015 compared with a year ago, making it the lowest annual growth since 2003, the Ministry of Manpower (MOM) said on Thursday.

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Noble Group CEO says banks behind it as agri deal approved

Noble Group's chief executive officer said the region's top commodity trader still has the support of its banks, stepping up efforts to restore confidence after shareholders backed the sale of its agricultural unit and the company nibbled away at its debt burden by buying back bonds.


Prices, rents of industrial space slip further in Q4: JTC

The upcoming supply of industrial space this year is expected to exert further downward pressure on occupancy rates, said JTC on Thursday.


SingPost shares dive again on Thursday, prompting SGX query

Shares in Singapore Post (SingPost) fell further on Thursday, prompting a query from the Singapore Exchange (SGX) for unusual price movements.


GrabTaxi now Grab; rebranding reflects all services

GrabTaxi is now known as Grab, in a rebranding that the South-east Asian ride-booking platform says will reflect all of its services beyond just taxis, which include private cars (GrabCar), motorcycle taxis (GrabBike), social carpooling (GrabHitch) and last mile delivery (GrabExpress).


Malaysia trims growth expectations as burden shifts to consumers

Malaysia trimmed its growth expectations for 2016 after a decline in oil prices crimped the outlook for exports and government revenue. Prime Minister Najib Razak is counting on consumers to hold up the economy, finding ways to put more money in their pockets.


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The STI Today

Singapore shares close slightly higher after rise in Dow futures, Europe

The Straits Times Index on Thursday finished with a rise of 16.27 points at 2,562.45 thanks mainly to an afternoon push that came when the Dow futures rose 120 points and Europe opened in the black.

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