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Noble Group fell deeply into the red in the 2015 financial year, recording a loss of US$1.7 billion, as the weight of a US$1.9 billion impairment bore down on the firm.

Review employment pass, workfare income supplement criteria: NTUC

The Singapore labour movement has submitted its seven-page list of recommendations to the Ministry of Finance ahead of Budget 2016, including requests to review the employment pass (EP) and workfare income supplement criteria.


Noble records US$1.7b loss for 2015

Noble Group fell deeply into the red in the 2015 financial year, recording a loss of US$1.7 billion, as the weight of a US$1.9 billion impairment bore down on the firm.

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Changes to takeover code address competitive bids, boards' roles, timings

The Monetary Authority of Singapore (MAS) will introduce changes to the Code on Take-overs and Mergers from March 25 to address the resolution of competing offers, the role of offeree boards and disclosure timeliness, the financial sector regulator announced on Thursday.


Next-generation ERP in action from 2020

The next-generation Electronic Road Pricing (ERP) system will be operational from 2020 at a cost of S$556 million.


CMT issues S$100m in 10-year debt at 3.5%

The manager of CapitaLand Mall Trust (CMT) on Thursday said CMT has issued S$100 million in 10-year fixed rate notes at a rate of 3.5 per cent per annum to institutional and accredited investors.


China: Stocks close down over 6%, worst loss in a month

China stocks tumbled more than 6 per cent on Thursday, posting their biggest one-day loss in a month, as investors booked profits after the market's recent rebound.


Corporate Earnings


The STI Today

Singapore stocks finish weaker after 6.4% plunge in Shanghai index

The simple reason for the Straits Times Index's 16.56 points loss at 2,603.4 on Thursday could be that it was in response to a 6.4 per cent fall in the Shanghai Composite and weakness in the Dow futures which signalled a down session later for the Wall Street.

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