Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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7 hours ago
GE2020: PAP says SDP’s Chee Soon Juan hasn’t changed, expected better of Paul Tambyah in dispute over ‘10m population’ claim
siewfern -
7 hours ago
UK, Indian firm salvage satellite operator Oneweb
Fiona Lam - LONDON: The UK government and Indian telecoms giant Bharti are to take control of the collapsed satellite firm Oneweb, they said on Friday (Jul 3), as Britain seeks to expand its post-Brexit space capabilility. Britain and Bharti will each invest US$500 million into Oneweb, the government said in .. ...
9 hours ago
By early 2021, 200 parcel lockers to be set up islandwide — a year ahead of schedule
siewfern -
9 hours ago
Correction directions issued to three people, Facebook page for posting screenshot, linking to TOC article on ‘10m population’ plan
asyrafkamil -
9 hours ago
Oil falls below US$43/bbl on virus fears, still heads for weekly gain
Oil fell below US$43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery.
10 hours ago
Senator warns of political pressure on US probe into hackers of green groups
A Democratic U.S. senator says he has written to Attorney General William Barr outlining his concerns about potential "political interference" by the Trump administration in an investigation of a private espionage firm that targeted environmental groups in the United States.
10 hours ago
Fiat, PSA stick to merger deal after dividend cut report
Fiona Lam - Fiat Chrysler (FCA) and PSA said on Friday they were sticking to the merger plan signed last year after a newspaper said the carmakers were looking at spinning off assets to cut a planned 5.5 billion euro (US$6.2 billion) cash payout to FCA shareholders.
10 hours ago
Century Sunshine Group defaults on S$101.75m, 7 per cent notes
Tay Peck Gek - CENTURY Sunshine Group has defaulted on the S$101.75 million, 7 per cent fixed rate notes, said the Hong Kong listed company specialising in ecological fertiliser business in China.
10 hours ago
Biolidics elaborates on scrapped deal with virus test kit distributor in the US
Tay Peck Gek - CATALIST-listed company Biolidics issued a statement on Friday to explain why its deal with Aytu Bioscience to distribute its novel conronavirus antibody test kits in the US has now been scrapped. 
10 hours ago
Safra Tampines, Yio Chu Kang Sports Hall among places visited by Covid-19 cases while infectious
asyrafkamil -
11 hours ago
Social media not a suitable platform for students to discuss national issues, says Hwa Chong Institution
razalia -
11 hours ago
Rolls-Royce reviewing balance sheet options after COVID-19 hit
Tay Peck Gek - British aerospace engineer Rolls-Royce said on Friday it was reviewing a range of options to strengthen its balance sheet and position itself for recovery after the COVID-19 pandemic.
11 hours ago
Manufacturing activity continues decline for fifth month in June, but sees pickup from May
Amala Balakrishner - SINGAPORE (July 3): Factory output around the world is seeing some improvement as lockdowns and movement control restrictions are eased. And Singapore is no exception.  Data released by the Singapore Institute of Purchasing and Materials Management (SPIMM) on Friday shows the republic’s Purchasin ...
11 hours ago
WP: Public housing prices should be pegged to 'objective criteria' like household income
Sharon See - THE price of public housing should be determined by "objective criteria" rather than market forces, as its affordability has wider implications on whether Singaporeans start a family early or sink roots in the country, Workers' Party (WP) candidates said in the third episode of thei ...
11 hours ago
Covid-19: Cinemas to reopen from July 13 after being closed since late March
asyrafkamil -
11 hours ago
GE2020: PAP, PSP ordered by town council to take down posters in West Coast GRC for public safety
siewfern -
12 hours ago
Global Markets: COVID recovery vs COVID reality
World shares inched towards a four-month high on Friday and industrial bellwether metal copper was set for its longest weekly winning streak in nearly three years, as recovering global data kept nagging coronavirus nerves at bay.
12 hours ago
Britain and India's Bharti win auction for OneWeb satellite company
LONDON: Britain has joined forces with India's Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging US$1 billion between them to develop a constellation that could boost broadband and other services. Under the deal announced on Friday, Britain will invest US ...
12 hours ago
Oil falls below US$43 on virus fears, still heads for weekly gain
Tay Peck Gek - Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world's largest oil consumer, dimmed the prospects of fuel demand recovery.
12 hours ago
After Wirecard review, Singapore launches probe into Citadelle, Senjo Group
Aradhana Aravindan - Senjo is a payment operator while Citadelle provides company formation and administration services. The post After Wirecard review, Singapore launches probe into Citadelle, Senjo Group appeared first on DealStreetAsia.
12 hours ago
GE2020: ‘Unfair’ that East Coast GRC voters face dilemma of electing PM-in-waiting or Opposition, says WP
gordon.feeney -
12 hours ago
In Aljunied, PAP homes in on residents' welfare; WP focuses on its constructive role in Parliament
Chuang Peck Ming - IN THE constituency political broadcasts for the Aljunied GRC on Friday night, the challengers spoke mostly of the welfare of residents in the constituency, while the incumbents focused on the constructive role they could play in Parliament.
13 hours ago
Audi, EnBW to turn electric car batteries into grid support tools
Tay Peck Gek - German carmaker Audi and utility EnBW are setting up an electric car battery operation at EnBW's Heilbronn plant to build scaleable storage facilities by the end of this year, drawing on retired batteries to help power grids.
13 hours ago
Daimler's Mercedes-Benz to streamline global production network
Tay Peck Gek - Daimler's Mercedes-Benz is seeking to streamline global production, the German carmaker said on Friday, resulting in a restructuring charge of hundreds of millions of euros in the second quarter.
13 hours ago
PAP focuses on plans; SPP presses need to ask tough questions in Parliament
Mindy Tan - IN A constituency political broadcast aired on national television on Friday evening, the People's Action Party (PAP) team fielded for Bishan-Toa Payoh, led by Ng Eng Hen, ranged from what has been done for the nation to the improvements made in Bishan and Toa Payoh, while their opponents, the ...
13 hours ago
PAP focuses on plans; SPP presses need for to ask tough questions in Parliament
Mindy Tan - IN A constituency political broadcast aired on national television on Friday evening, the People's Action Party (PAP) team fielded for Bishan-Toa Payoh, led by Ng Eng Hen, ranged from what has been done for the nation to the improvements made in Bishan and Toa Payoh, while their opponents, the ...
13 hours ago
GE2020: How to woo voters' hearts? Some candidates use the power of poetry
razalia -
13 hours ago
Darco Water Tech's audit panel calls for deputy chairman to recuse himself from project
Tay Peck Gek - DARCO Water Technologies' audit committee has recommended that its deputy chairman consider abstaining from deliberations and decisions on a controversial Indonesian waste-management project that he has reportedly been pushing for Darco to invest in.
13 hours ago
Singapore factory sentiment negative for fifth month as PMI inches up to 48.0 in June
Annabeth Leow - SINGAPORE manufacturing sentiment picked up again in June as the “circuit breaker” ended, but remained in negative territory for the fifth straight month, according to data out on Friday.
13 hours ago
6-year-old girl taken to KKH after early morning minibus crash near Hougang
asyrafkamil -
13 hours ago
Ang Mo Kio incumbents plug estate plans, Reform Party team pledges greater attention
Janice Heng - PRIME Minister Lee Hsien Loong's People's Action Party (PAP) team for Ang Mo Kio GRC laid out past and future plans for the estate, while their Reform Party (RP) opponents highlighted residents' grievances and promised to give more dedicated attention in the first series of consti ...
13 hours ago
GE2020 constituency broadcasts: What Bukit Batok SMC candidates have to say
razalia -
13 hours ago
GE2020 constituency broadcasts: What Bukit Panjang SMC candidates have to say
asyrafkamil -
14 hours ago
GE2020 constituency broadcasts: What Bishan-Toa Payoh GRC candidates have to say
asyrafkamil -
14 hours ago
SEA Digest: IIX backs SOLshare; GOJEK Xcelerate selects three startups
Sarah Yuniarni - SG-based Impact Investment Exchange has closed a $1.1-million financing in Bangladesh-based SOLshare. The post SEA Digest: IIX backs SOLshare; GOJEK Xcelerate selects three startups appeared first on DealStreetAsia.
14 hours ago
EU grants conditional clearance to COVID-19 antiviral remdesivir
Natalie Choy - The European Commission said on Friday it had given conditional approval for the use of COVID-19 antiviral remdesivir following an accelerated review process.






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