Culture
Singapore shares retreat at Wednesday’s open; STI down 0.2%
SINGAPORE stocks started trading in negative territory on Wednesday (Dec 18) morning, mirroring overnight losses in global markets. As at 9.01 am, the Straits Times Index (STI) opened 0.2...
STI continues losing streak; falls 0.5% on Wednesday
THE Straits Times Index (STI) continued the losing streak on Wednesday (Dec 18), while regional indices had mixed results. The STI was down 0.5 per cent or 20.31 points...
Stocks to watch: Cosco Shipping, Keppel DC Reit, Sembcorp Industries, Cromwell E-Reit
THE following companies saw developments that may affect the trading of their securities on Wednesday (Dec 18): Cosco Shipping: The logistics management service provider began work on Phase Two...
Sembcorp awarded solar energy storage project in India
It is expected to bring the group’s gross renewables capacity in the country to almost 6 GWSEMBCORP Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a build-own-operate...
Honda, Nissan move to deepen ties, including possible merger
HONDA and Nissan are in talks to deepen ties, two people said on Wednesday (Dec 18), including a possible merger, the clearest sign yet of how Japan’s once seemingly...
US: Wall Street opens lower after retail sales data; Fed awaited
WALL Street’s main indexes opened lower on Tuesday (Dec 17), as investors grew cautious ahead of the Federal Reserve’s interest rate decision later this week following strong retail sales...
Allianz pull-out ‘provides clarity’ on Income’s special position
GERMAN insurer Allianz likely misjudged Income Insurance’s special position in Singapore, industry watchers said. And the government’s intervention in the proposed acquisition, they added, highlights the importance of preserving...
Cosco Shipping begins building expanded logistics hub on Jurong Island
LOGISTICS management service provider Cosco Shipping International (Singapore) started construction work on Phase 2 of its logistics hub on Jurong Island on Tuesday (Dec 17). When completed, the capacity...
DBS forecasts strong growth for suburban retail Reits in 2025, names its top picks
SINGAPORE’S suburban real estate investment trusts (Reits) are poised for growth next year, although there is a temporary risk in the form of retail business flowing to Johor Bahru...
Over 8,000 platform workers born before 1995 opt for increased CPF contributions as of Dec 2024
AS of December 2024, more than 8,000 platform workers born before 1995 have voluntarily opted in for increased Central Provident Fund (CPF) contributions, said the Ministry of Manpower (MOM)...
