News
Zurich Life Insurance debunks report of potential Singapore exit
It won’t divest its Asian business.
Jardine C&C’s net profit drops 16% to US$688m in FY15
Blame slow sales, forex woes.
ST Engineering’s FY15 profits dip 0.5% to $529m
Blame it on weak performance from its marine sector.
IHH Healthcare’s net profit jumps 17% to $273m in FY15
Thanks to robust performances in all its divisions.
Singapore rolls out $556m overhaul of outdated electronic road pricing system
The new system will be implemented in 2020.
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.
Cybercrime reigns as the most widespread form of fraud in Singapore: PwC
1 in 5 companies became victims since 2014.
Now hiring: Raffles Med’s staff costs to shoot up amid expansion
Its new hospital in Shanghai plans to hire 100 doctors.
First Resources' net profit tumbled 37.8% to US$107.9m in 2015
Blame it on low palm oil prices.
Review CPF contribution rates for older workers, policymakers urged
To help would-be seniors save better for retirement.
Ho Bee’s earnings tumble 23% to $242.2m in FY15
Fair value gains were disappointing.
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Commentary
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Liquidity crucial to stock market reform