LONDON: Honda will shut its UK plant with the loss of 3,500 jobs, the Japanese car maker announced Tuesday as the global auto industry faces "unprecedented changes" and the UK economy hits the skids on Brexit uncertainty. The factory in Swindon, southwest England, which is Honda's only EU plant ...

TOKYO: Honda announced on Tuesday (Feb 19) it would shut a major plant in Britain, putting 3,500 jobs at risk as the auto manufacturer became the latest Japanese firm to downsize operations as Brexit looms. The factory in Swindon, southwest England, is Honda's only EU plant and has produced the .....

SINGAPORE (Feb 19): The recent Budget 2019 has little to no impact on the Straits Times Index (STI) component stocks, apart from ST Engineering which has a low index weight, according to DBS in a Tuesday report. Other mild potential beneficiaries are SembCorp Marine, domestic staple consumer compan...

LONDON: Japanese car giant Honda is expected to announce the shutdown of its plant in south west England in 2022, putting 3,500 jobs at risk, media reports said on Monday (Feb 18). The car manufacturer is to announce the closure of its Swindon plant on Tuesday, according to Sky News, but still ...

Submitted By:  Arianna Danganan Case Study:  No ST Engineering-Geo Insights will offer advanced geospatial analytics amongst other services. Singapore Technologies ...

SINGAPORE: Singapore Technologies (ST) Engineering announced on Thursday (Feb 14) that it will set up a joint venture company with DSO National Laboratories to provide data analytics based on satellite imagery. Named ST Engineering Geo-Insights, the company will offer immediate information ...

SINGAPORE (Feb 14): ST Engineering’s electronics arm has signed an agreement with DSO National Laboratories (DSO), Singapore’s national defence research and development (R&D) organisation, to set up a joint venture company. The JVCo, to be named ST Engineering Geo-Insights, will offer analy...

SINGAPORE Technologies Engineering's (ST Engineering) electronics arm has signed an agreement with DSO National Laboratories (DSO) to set up a joint venture company (JV).

SINGAPORE (Feb 4): UBS Group has appointed Desmond Kuek, SMRT Corporation’s former president and group CEO, as its divisional vice chairman for global wealth management. In an e-mailed statement on Monday, the Swiss multinational investment bank says Kuek will officially join UBS on Feb 18. His n...

LONDON: Japanese car manufacturer Nissan announced on Sunday (Feb 3) it was cancelling plans to build its X-Trail SUV at its plant in northeast England despite Brexit assurances from the government. "While we have taken this decision for business reasons, the continued uncertainty around the UK's ...

SINGAPORE (Jan 31): UOB Kay Hian is maintaining “overweight” on Singapore’s aviation sector with expectations of Singapore Airlines and ST Engineering to surprise on the downside in the ongoing earnings reporting season. The research house’s top picks are SATS and ST Engineering, both of wh...

SINGAPORE (Jan 23): RHB Research has an “overweight” rating on banks for the sector’s strong growth and high yields; the consumer and industrial space as defensive sector picks; as well as REITs that are beneficiaries of improving economic activity, and/or with strong balance sheets. This com...

Submitted By:  Luz Wendy Noble Case Study:  No It is set to build electric cars in the citystate. Reuters reported that appliance manufacturer Dyson will transfer i...

DYSON is moving its corporate head office to Singapore "to reflect the increasing importance of Asia" to its business, the British home electronics maker said on Tuesday night, accompanying the release of its financial results for 2018. Its plans for 2019 also include a doubling of...

SINGAPORE (Jan 21): ST Engineering announced that its electronics arm has secured $351 million worth of contracts in 4Q18, bringing the total amount of contract wins in 2018 to $2.19 billion. These contracts were for its solutions in mobility, satellite communications, Internet of Things (IoT), and...

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

WOULD the world be better off without Huawei? To answer this question, you need to know the story of a struggle. One is named Cisco or Ericsson or Nokia or Alcatel-Lucent. He once dominated the world of telecommunications, exporting network switches from Europe and the US and providing mobil...

ST Engineering announced after trading hours on Tuesday that its aerospace arm secured new contracts worth S$450 million in the fourth quarter of 2018 for services including maintenance and modification for wide-ranging aircraft parts from the airframe to components.

SINGAPORE (Jan 15): ST Engineering announced that its aerospace arm has secured about $450 million worth of new contracts in 4Q18 for services including maintenance and modification for wide-ranging aircraft parts from the airframe to components. This bring the total worth of new contracts secured ...

SINGAPORE (Jan 15): Singapore’s aviation services-related stocks have been weighed down by a slowdown in Chinese visitor arrivals in 4Q18. However, Maybank KimEng says market worries are somewhat overblown. “We remain bullish on the sector for the secular longer-term trends of global fleet and ...

SINGAPORE (Jan 15): RHB is maintaining its “buy” call on ST Engineering (STE) with a $3.97 target price, which implies 4% yield. In a Tuesday report, analyst Shekhar Jaiswal says he expects STE to see a revival of profit growth due to increased capacity and capabilities in the Aerospace segment...

Submitted By:  Arianna Danganan Case Study:  No This includes a contract for the construction and maintenance of patrol boats for the Singapore Police Coast Guard. ...

THE following companies made announcements that may affect trading of their shares on Tuesday:

APRIL is the cruelest month. It's not just English literature professors who'll tell you that: their university's treasurers probably think TS Eliot had a point too.

ST Engineering’s marine arm has won S$560 million of new contracts in the last quarter of 2018. The Ministry of Home Affairs has awarded it a contract for the design, construction and maintenance of Fast Patrol Boats for the Singapore Police Coast Guard.

SINGAPORE (Jan 14): ST Engineering says that its marine arm has secured $560 million worth of new contracts in 4Q18. The group was awarded a contract by the Ministry of Home Affairs for the design, construction and maintenance of Fast Patrol Boats for the Singapore Police Coast Guard. Construction ...

PRIVATE banks and fund managers in Singapore took the bulk of Singapore Technologies Telemedia's S$300 million offering of subordinated perpetual securities, according to statistics by deal manager DBS Bank on Friday.

SINGAPORE Technologies Telemedia (STT)'s S$300 million perpetual issue priced at 5 per cent was two times subscribed, attracting orders worth about S$600 million from more than 40 accounts, said DBS Bank on Friday. The issue comes under STT’s S$2 billion multicurrency debt issuance pr...

SINGAPORE Technologies Telemedia (STT) has sold a new S$300 million perpetual issue at 5 per cent on Thursday.

SINGAPORE (Dec 31): With the US poised for a slowdown, what does this mean for Singapore’s economy in 2019? Morgan Stanley economist Deyi Tan says it is inevitable that the city state will follow suit. “I think there is no avoiding the situation that Singapore’s GDP growth will also slow dow...