Sembcorp Industries (SCI) stock shot up on Tuesday (June 9) as investors backed the firm’s plan to offload its loss-making Sembcorp Marine (SembMarine) unit. The shares rocketed 36.6 per cent…
Mapletree Industrial Trust has replaced Singapore Press Holdings (SPH) in the Straits Times Index (STI) after the June quarterly review, FTSE Russell announced on Thursday (June 4). The STI reserve…
United Arab Emirates utility firm Utico said it "remains committed" to a S$400 million rescue deal with Hyflux, a day after authorities in Singapore launched criminal investigations into the troubled water…
Troubled water treatment firm Hyflux is under criminal investigation for false and misleading statements, as well as non-compliance with accounting standards, the authorities said on Tuesday (June 2). The investigation,…
SINGAPORE stocks opened higher on Monday, tracking Wall Street gains overnight. The benchmark Straits Times Index (STI) rose 0.4 per cent or 9.31 points to 2,520.06 as at 9.07am. Gainers outnumbered…
A full reopening of Singapore’s economy could happen earlier than expected if there is not a spike in daily coronavirus infections after the city state begins a phased lifting of…
In an unusual move, Singapore Petroleum Co has kept its pump prices unchanged since May 6, bucking a trend which saw all other pump operators raising prices a week after the last…
A Singapore-flagged cargo ship lost at least 40 containers in deep waters off the coast of Sydney when they fell overboard in heavy seas, maritime officials said on Monday. The…
Singapore drastically downgraded its economic forecast for 2020 after its coronavirus-hit economy contracted in the first quarter of the year, official data showed on Tuesday. The Singapore economy is now expected…
[SINGAPORE] Negative interest rates are creeping into Singapore. The nation's overnight borrowing rate was less than two basis points above zero on Tuesday, down from the year's high of 1.68…