STOCKS

Asian markets pare losses after hectic trade

ASIAN markets pared losses at Tuesday's closing bell, after tracking a frantic selloff precipitated by signs that Apple's iPhone may be seeing softer demand...

Singapore shares close 0.5 per cent down on Tuesday

SINGAPORE stocks ended 0.5 per cent lower on Tuesday, with the Straits Times Index falling 14.55 points to 3,053.6.

Singapore stocks: STI resumes Tuesday afternoon at 3,050.1, down 0.6% on day

SINGAPORE stocks resumed trading lower after Tuesday's lunch break, with the Straits Times Index retreating 0.6 per cent, or 18.05 points, to 3,050.1 as at 1.02pm...

Chongqing-Singapore financial links get boost with over 10 MOUs inked

INTEREST is picking up on opportunities for collaboration between South-east Asia and western China as more than 500 business leaders and government officials descended on Chongqing for the inaugural China (Chongqing)-Singapore Connectivity Initiative Financial Summit on Friday.

China Everbright bags jobs worth 1.05b yuan from Shandong govt

MAINBOARD-LISTED China Everbright Water has bagged contracts worth about 1.05 billion yuan (S$208.03 million) from government authorities in Zibo City, Shandong province for multiple relocation, expansion and upgrading projects of its existing waste water treatment plants.

China Everbright Water bags 1.05b yuan water treatment contracts with Shandong government

MAINBOARD-LISTED China Everbright Water has bagged some 1.05 billion yuan (S$208.03 million) in contracts with government authorities in Zibo City, Shandong province for multiple relocation, expansion and upgrading projects of its existing waste water treatment plants.

Singapore stocks: STI resumes Friday afternoon at 3,090.85, up 1% on the day

SINGAPORE stocks resumed higher after Friday's lunch break, with the Straits Times Index gaining 1 per cent or 30 points to 3,090.85 as at 1.01pm...

Financial, infrastructure links get boost with over 10 MOUs inked at first Chongqing-Singapore financial summit

INTEREST is picking up on opportunities for collaboration between South-east Asia and western China as more than 500 business leaders and government officials descended on Chongqing to attend the inaugural China (Chongqing)-Singapore Connectivity Initiative Financial Summit on Friday.

Singapore shares open higher on Friday; STI rises 0.8% to 3,085.93

SINGAPORE stocks opened higher on the last trading day of the week, with the Straits Times Index moving up 0.8 per cent or 25.08 points to 3,085.93 as at 9.05am on Friday.

Stocks to watch: Sembcorp, SingPost, Moya Asia, Yongnam, Hock Liang Seng, Mapletree Logistics Trust

THE following companies saw new developments which may affect trading of their shares on Friday:

Sembcorp Industries Q3 earnings fall 11.6% to S$82.33m

A CHALLENGING environment for its marine division put a drag on Sembcorp Industries' earnings for the third fiscal quarter, with the conglomerate posting an 11.6 per cent drop in net profit to S$82.33 million, down from the restated S$93.14 million recorded in the year-ago period...

FLT buys Dutch freehold logistics property for 25.36m euros

FRASERS Logistics & Industrial Trust (FLT) has acquired a freehold Dutch logistics property from Frasers Property Investments (Europe) BV, an indirect wholly owned subsidiary of its sponsor Frasers Property Ltd.

StarHub to move its services to fibre networks from July next year

STARHUB will cease the provision of its services through cable and switch to fibre networks after June 30, 2019, and will provide assistance to its cable customers during the transition.

China Aviation Oil Q3 profit slides 8% to US$18.93m

JET fuel trader China Aviation Oil (Singapore) (CAO) turned a profit of US$18.93 million for the third fiscal quarter ended Sept 30, 2018, down 7.99 per cent from a restated US$20.57 million in the year-ago period mainly due to lower contributions from associates.

FLT buys Dutch freehold logistics property for 25.36m euros

FRASERS Logistics & Industrial Trust (FLT) has acquired a freehold Dutch logistics property from Frasers Property Investments (Europe) BV, an indirect wholly owned subsidiary of its sponsor Frasers Property Limited.

Singapore shares open higher on Thursday; STI up 0.9% to 3,045.71

SINGAPORE stocks opened higher on Thursday, with the Straits Times Index advancing 0.9 per cent or 26.91 points to 3,045.71 as at 9.05am.

Stocks to watch: OCBC, Addvalue Tech, Roxy-Pacific, Ascendas Hospitality Trust, Vibrant, Ascott Reit, SPH

THE following companies saw new developments which may affect trading of their shares on Thursday:

OCBC tops forecasts with 12% rise in Q3 profit; shares jump

OCBC Bank turned a record net profit of S$1.25 billion for its third fiscal quarter in 2018, rising 12 per cent from the S$1.11 billion last year for the same period.

CDLHT posts 4.8% fall in Q3 DPS to 2.18 cts

MAINBOARD-LISTED CDL Hospitality Trusts (CDLHT) posted a 4.8 per cent fall in its third quarter distribution per stapled security (DPS) to 2.18 Singapore cents, compared with 2.29 Singapore cents in the year-ago period.

IndoAgri Q3 profit dives 91% on weak commodity prices

MAINBOARD-LISTED Indofood Agri Resources (IndoAgri) reported a 91.3 per cent dive in its third quarter earnings to 8.74 billion rupiah (S$793,264). The agribusiness attributed the fall to poor performance in sales and profit in its plantation division arising from weak commodity prices and the...

Cromwell E-Reit to buy 23 properties in Europe for 384m euros

CROMWELL European Reit (Cromwell E-Reit) is acquiring 23 properties across the Netherlands, Finland, Poland, Italy and France for around 384.4 million euros (S$604.98 million), and will seek to raise 224.1 million euros through a rights issue to partially fund the acquisition.

CDLHT posts 4.8% fall in Q3 DPS to 2.18 S cents

MAINBOARD-LISTED CDL Hospitality Trust (CDLHT) posted a 4.8 per cent fall in its third quarter distribution per stapled security (DPS) to 2.18 Singapore cents, compared with 2.29 Singapore cents in the year-ago period.

Cromwell E-Reit buying 23 Europe properties for 384 million euros

CROMWELL European Reit (Cromwell E-Reit) is acquiring 23 properties across the Netherlands, Finland, Poland, Italy and France for around 384.4 million euros (S$604.98 million), and will seek to raise 224.1 million euros in an underwritten and renounceable rights issue to partially fund the...

Singapore shares open higher on Wednesday; STI up 0.8% to 2,990.6

SINGAPORE stocks opened stronger on Wednesday, with the Straits Times Index up 0.8 per cent, or 24.15 points to 2,990.6 as at 9.04am.

Stocks to watch: IndoAgri, Creative Technology, Starhill Global Reit, Cromwell E-Reit, Japfa, Sheng Siong

THE following companies saw new developments which may affect trading of their shares on Wednesday: