News

foodpanda blends popular brands in Woodlands Avenue satellite kitchen

It will combine nine brands including Coca-Cola, Nene Chicken, and Ben & Jerry’s in one place.

Noble in trouble with $379m bond default

Still, it expects more support from senior creditors for its restructuring.

Wilmar buys 50% of investment holder from Olam for $194.35m

Following the acquisition, Nauvu Investments is now a wholly-owned subsidiary of Wilmar.

Daily Briefing: SGX expands stock research unit; Singapore to add 50,000 biking spaces by 2020

And a startup working on a crop of robotic financial advisors just received US$5.3m.

Daily Markets Briefing: STI down 0.06%

Don't expect gains today as investors weigh the implications of Fed announcements.

Chart of the day: Equity offerings hit 5-year high at US$1.5b

This was driven by follow-on offerings which soared 133.4% to US$1.2b.

ST Engineering joins airport development consortium

It inked a deal with Surbana Jurong and Changi Airport Planners and Engineers to collaborate on future projects.

BreadTalk could spend $200m on its return to expansion phase

It wants to lift its net margin from 3% by expanding and partnering with other firms.

The Tapestry selling price could reach $1,250 psf

Analysts have high expectations as it is near Tampines projects with prices that breached $1,102 psf.

Sasseur REIT launches IPO for $396m

Twelve cornerstone investors, including JD.com’s subsidiary, have committed to subscribe to 46.1% of the proceeds.

Richard Elman's resignation ‘a new dawn' for Noble: Goldilocks

The fund said there’s a chance to renew the board to protect stakeholders’ interests.

SMRT-backed startup eyes merging transport options in one app

Travel options range from e-scooters to driverless electric-driven pods that can connect commuters to trains.

M&A likely for China Aviation Oil and Shanghai associate

CAO’s equity stake in SPIA could be worth US$995m as compared to its current market cap of US$1.01b.

Is the worst over for Singapore's taxi businesses?

The average mileage travelled by two-shift taxis has been growing again for five months.

Noble founder Richard Elman resigns

This follows top shareholder Goldilocks filing a lawsuit against him and the company.

Daily Markets Briefing: STI down 0.43%

Expect some gains today, but remain cautious as investors await Fed announcements.