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ArcelorMittal Reports 22-per cent Annual Drop in Profit

Europe — February 7, 2012 at 7:39 pm

ArcelorMittal Reports 22-per cent Annual Drop in Profit

Singapore Visitor Arrivals Beat Forecast to Reach 13.2 million in 2011

Singapore — February 7, 2012 at 7:19 pm

Singapore Visitor Arrivals Beat Forecast to Reach 13.2 million in 2011

Toyota Lifts Full-year Profit Forecast

Asia-Pacific — February 7, 2012 at 6:21 pm

Toyota Lifts Full-year Profit Forecast

US SEC to Propose New Rules for Money-market Funds: Report

U.S.A — February 7, 2012 at 6:10 pm

US SEC to Propose New Rules for Money-market Funds: Report

Glencore Reaches Merger Agreement with Xstrata

Europe — February 7, 2012 at 5:56 pm

Glencore Reaches Merger Agreement with Xstrata

UBS Profit Drops 76 Per cent on Investment Bank Loss

Europe — February 7, 2012 at 5:50 pm

UBS Profit Drops 76 Per cent on Investment Bank Loss

Australia Keeps Interest Rates Steady at 4.25 Per cent

Asia-Pacific — February 7, 2012 at 5:40 pm

Australia Keeps Interest Rates Steady at 4.25 Per cent

China says Output Growth May Slow on Global Risks

China — February 7, 2012 at 5:15 pm

China says Output Growth May Slow on Global Risks

SIA Unit Scoot Confirms Flights to Second Australian Destination

Singapore — February 7, 2012 at 5:01 pm

SIA Unit Scoot Confirms Flights to Second Australian Destination

Singapore’s CRA Fines Casino Operators for Breaching Social Safeguard Requirements

Singapore — February 6, 2012 at 8:03 pm

Singapore’s CRA Fines Casino Operators for Breaching Social Safeguard Requirements

  • Singapore Visitor Arrivals Beat Forecast to Reach 13.2 million in 2011

    Singapore Visitor Arrivals Beat Forecast to Reach 13.2 million in 2011

    by Jared Heng International visitor arrivals in Singapore totalled 13.2 million last year, up...

  • SIA Unit Scoot Confirms Flights to Second Australian Destination

    SIA Unit Scoot Confirms Flights to Second Australian Destination

    by Jared Heng Singapore Airlines’ (SIA) budget carrier Scoot has added Australia’s Gold Coast...

  • Singapore’s CRA Fines Casino Operators for Breaching Social Safeguard Requirements

    Singapore’s CRA Fines Casino Operators for Breaching Social Safeguard Requirements

    by Jared Heng The Casino Regulatory Authority of Singapore (CRA) has fined casino operators...

  • Singapore’s Manufacturing Sector Gets Boost from S$1-million Scholarship Programme

    Singapore’s Manufacturing Sector Gets Boost from S$1-million Scholarship Programme

    by Jared Heng A new S$1-million scholarship programme was launched on Monday to support...

  • New Singapore Office Tower to Attract Strong Demand: CapitaCommercial Trust

    New Singapore Office Tower to Attract Strong Demand: CapitaCommercial Trust

    by Jared Heng Artist impression of CapitaGreen Construction of a new Grade A office...

  • SGX’s Commodities, Clearing and Fixed Income Activities Grow in January

    SGX’s Commodities, Clearing and Fixed Income Activities Grow in January

    by Jared Heng Singapore Exchange (SGX) recorded year-on-year growth in its commodities, clearing and...

  • Singapore Hotel Site Up for Sale by Public Tender

    Singapore Hotel Site Up for Sale by Public Tender

    by Jared Heng  Singapore’s Urban Redevelopment Authority (URA) Friday announced that it has accepted...

  • Singapore Airlines’ Quarterly Net Profit Down 53 Per cent on High Jet Fuel Prices

    Singapore Airlines’ Quarterly Net Profit Down 53 Per cent on High Jet Fuel Prices

    by Ernie B. Calucag Singapore Airlines, the world’s second largest airline by market value,...

  • Singapore Residential Site Draws 17 Bids, Highest at S$118.9 million

    Singapore Residential Site Draws 17 Bids, Highest at S$118.9 million

    by Jared Heng A residential site at Jervois Road in Singapore attracted strong demand,...

  • Singapore Imposes Mandatory Time-stamping for All Buffet, Packed Meals

    Singapore Imposes Mandatory Time-stamping for All Buffet, Packed Meals

    by Jared Heng Caterers in Singapore will be required to time-stamp all buffet meals...

Latest News

ArcelorMittal Reports 22-per cent Annual Drop in Profit

ArcelorMittal Reports 22-per cent Annual Drop in Profit

Published February 7, 2012
Toyota Lifts Full-year Profit Forecast

Toyota Lifts Full-year Profit Forecast

Published February 7, 2012
US SEC to Propose New Rules for Money-market Funds: Report

US SEC to Propose New Rules for Money-market Funds: Report

Published February 7, 2012
Glencore Reaches Merger Agreement with Xstrata

Glencore Reaches Merger Agreement with Xstrata

Published February 7, 2012
UBS Profit Drops 76 Per cent on Investment Bank Loss

UBS Profit Drops 76 Per cent on Investment Bank Loss

Published February 7, 2012
Australia Keeps Interest Rates Steady at 4.25 Per cent

Australia Keeps Interest Rates Steady at 4.25 Per cent

Published February 7, 2012
China says Output Growth May Slow on Global Risks

China says Output Growth May Slow on Global Risks

Published February 7, 2012
Stock Picks

Stock Picks

February 7, 2012 No Comments

Neptune Orient Lines (HOLD; Target Price: S$1.35) Neptune Orient Lines (NOL) reported a 6 per cent YoY increase in container shipping volumes for the six weeks from 19 November 2011 to 30 December 2011. This was helped by the burgeoning intra-Asia traffic growth. However, the average revenue per forty-foot...

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Health: Fitness and “Fatness” both Matter to the Heart

Health: Fitness and “Fatness” both Matter to the Heart

February 7, 2012 No Comments

Source: Reuters Losing fitness or packing on fat with age each can be bad for the heart ‒ but avoiding either one of those fates may protect the heart, a study published Monday suggests. US researchers found that of more than 3,100 healthy adults they followed, those who improved...

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Wellness: Smaller Plate Won’t Help Your Diet, Research Shows

Wellness: Smaller Plate Won’t Help Your Diet, Research Shows

February 7, 2012 No Comments

Source: HealthDay News A smaller plate will not help you eat less, says a new study that challenges a widely held belief. “Smaller plates are often recommended as a way of controlling intake, but that simply isn’t an effective strategy,” senior researcher Meena Shah, a professor of kinesiology at...

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Stock Picks

Stock Picks

February 6, 2012 No Comments

Cambridge Industrial Trust (BUY; Target Price: S$0.605) As part of the company’s efforts to recycle its capital for future investment opportunities, CIT has completed its divestment of 7 Ubi Close at S$18.7 million. This price is a 2.2 per cent premium to the latest valuation of S$18.3 million as...

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Insider Moves (January 30 – February 3)

Insider Moves (January 30 – February 3)

February 6, 2012 No Comments

by Ernie B. Calucag Hui Yan Moon, director of Hong Kong-based Swing Media Technology Group, increased his equity stake in the group when United Partner Investment Ltd transferred 17 million shares to Hui as part of the earlier agreement. Hui now has 4.98 per cent direct equity stake in...

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Tech: EU Regulators want Google to Halt New Privacy Policy

Tech: EU Regulators want Google to Halt New Privacy Policy

February 6, 2012 No Comments

Source: Reuters   A group of European regulators has written to Google Inc calling on it to halt the introduction of its new privacy policy, saying it needs to investigate whether the proposals sufficiently protect users’ data. Google said in January it was simplifying its privacy regulations, consolidating 60...

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People

People

February 6, 2012 No Comments

CapitaLand Limited Olivier Lim Tse Ghow has been appointed Chief Investment Officer wef February 6. Work experience: Head of Strategic Corporate Development, CapitaLand; Group Chief Financial Officer, CapitaLand Limited; Deputy Group Chief Financial Officer, CapitaLand Limited; Senior Vice President, Corporate Finance, CapitaLand Limited; Head, Real Estate Unit, Corporate &...

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Lifestyle: About One in Five Workers Worldwide Telecommute: Poll

Lifestyle: About One in Five Workers Worldwide Telecommute: Poll

February 3, 2012 No Comments

Source: Reuters About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 per cent work from home every day, according to a recent Ipsos / Reuters poll. Telecommuting is particularly popular in India where more than...

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Property

February 3, 2012 No Comments

Biz Daily has compiled the prices of the latest transactions for the month of January 2012 for your reference. This includes prices of condominiums and apartments.    

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Stock Picks

Stock Picks

February 3, 2012 No Comments

Cambridge Industrial Trust (BUY; Target Price: S$0.595) Cambridge Industrial Trust (CIT) released its FY11 results posting a gross revenue and distributable income of S$80.4 million and S$50.4 million. Net property income rose 6.2 per cent to S$69.1 million on the back of higher rental income which was partially offset...

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