Singapore
MAS tweaks code on take-overs and mergers
It will provide more certainty in cases of competing offers.
MAS tweaks code on take-overs and mergers
It will provide more certainty in cases of competing offers.
Noble Group sinks into the red with US$1.6b loss in FY15
Extremely low coal prices are to blame.
SGX in preliminary talks to acquire London-based Baltic Exchange
It has submitted a non-binding bid for the company.
Chart of the Day: Property investment sales feared to slow as demand wanes
But bargains will arise as prices drop.
Daily Markets Briefing: STI down 0.63%
Expect some profit-taking today.
Daily Briefing: Singapore may relax some curbs this year; Singapore’s weak office market
And Ho Bee suffers impairment loss from Sentosa condo.
Singapore’s largest SMEs hit with sharply lower profits in 2015
Finance companies were hardest hit.
Cybercrime reigns as the most widespread form of fraud in Singapore: PwC
1 in 5 companies became victims since 2014.
Singtel’s Innov8 teams up with int’l telcos to help start-ups scale up
The telcos formally launched their alliance.
Now hiring: Raffles Med’s staff costs to shoot up amid expansion
Its new hospital in Shanghai plans to hire 100 doctors.
Sunpower’s net profit soars 45.3% to RMB81.5m in FY15
Its EPC integrated solutions arm posted higher contribution.
KrisEnergy posts US$48.6m FY15 loss as impairments, write-downs bite
Sales prices also dropped steeply.
Serial System's net profit crashes 31% to US$11m in FY15
Due to lower profit margins.
First Resources' net profit tumbled 37.8% to US$107.9m in 2015
Blame it on low palm oil prices.
BreadTalk’s net profit crashes 66% to $7.6m in FY15
Blame it on underperforming stores, raised expenses.
Banyan Tree posts worst loss in its history with $28.5m loss in FY15
Due to doubtful debts provisions, absent fair value gains.
PACC Offshore bags two contracts worth US$85m for five vessels
They’re long-term charters for Middle East clients.
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