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Oil and gas company Linc Energy is in talks with its US subsidiary's note holders on the terms of the arrangements following the fall in oil prices.
Twenty Singapore companies figure in Forbes magazine's annual list of the world's biggest public companies, with China landing five of the top 10 spots for the second year in a row.
German speciality chemicals company, Evonik Industries, which produces high-performance lubricants for the automotive, industrial and construction sectors, on Thursday unveiled its expanded oil additives plant in Singapore.
Resale prices of Housing & Development Board (HDB) flats rose 0.2 per cent in April over March, according to SRX Property's flash estimates released on Thursday.
The Straits Times Index (STI) on Thursday fell 27.01 points to 3,432.78, a fourth consecutive loss that took it below 3,450 for the first time since March 31. Since the start of the week, the index has lost 55 points or 1.6 per cent, dragged lower by a combination of factors, ranging from Greek default worries to a slowing China to US interest rate concerns.