» DBS Q4 profit exceeds expectation
10/02/12 04:18 from Channel NewsAsia Singapore Business News
SINGAPORE: DBS Group reported a higher-than-expected eight per cent rise in fourth-quarter earnings, boosted by strong loans growth.

» ST Index slips on HK reversal
09/02/12 20:00 from Business Times Online - Singapore Markets
THE momentum of the previous three days carried the Straits Times Index (STI) to an intraday high of 2,992 yesterday, but a reversal in Hong Kong pulled it down to 2,981.17 for a net loss of 1.03 points.

» Olam acquires Nigerian biscuits, candy maker
09/02/12 20:00 from Business Times Online - Companies News
OLAM International has bought a Nigerian biscuits and candy maker for US$167 million, a deal it says will help it achieve its aim of growing the profit contribution of its packaged food business.

» Tiger roars as Coke fizzles out at F&N
09/02/12 20:00 from Business Times Online - Companies News
IT'S Tiger Time now that it's no longer Always Coca-Cola at diversified beverage and property group Fraser & Neave (F&N).

» Parkson Retail Asia's Q2 net jumps 26% to $13.6m
09/02/12 20:00 from Business Times Online - Companies News
PARKSON Retail Asia, which was listed on the Singapore Exchange (SGX) late last year, yesterday posted a net profit of $13.64 million for the second quarter ended Dec 31, 2011, up 26 per cent from $10.83 million a year ago.

» FJ Benjamin Q2 profit rises to $4.77m
09/02/12 20:00 from Business Times Online - Companies News
FASHION and lifestyle group FJ Benjamin Holdings (FJB) posted a net profit of $4.77 million for the second quarter ended Dec 31, 2011, up from $4.12 million for the previous corresponding quarter.

» BH Global Marine's Q4 net falls 6% despite revenue rise
09/02/12 20:00 from Business Times Online - Companies News
DESPITE higher revenue, BH Global Marine posted a 6 per cent year-on-year fall in net profit to $1.75 million for the fourth quarter ended Dec 31, 2011.

» Noble's agri unit revamps management
09/02/12 20:00 from Business Times Online - Companies News
NOBLE Group has made some changes to the management team of its agriculture business, chief among which is the appointment of former Cargill executive Jose Luiz Glaser as CEO of Noble Agri Ltd.

» Groupon reports loss in its first release since listing
09/02/12 20:00 from Business Times Online - Companies News
(NEW YORK) Groupon, the daily deals site, seemed a bit less like a deal on Wednesday.

» CME Group dealt fresh blow over MF Global
09/02/12 20:00 from Business Times Online - Companies News
(CHICAGO) CME Group Inc faces legal, regulatory and reputational damage from the failure of MF Global, Standard & Poor's said on Wednesday as it lowered the exchange operator's rating.

» Whistleblower Woodford plans tell-all book on US$1.7b Olympus scandal
09/02/12 20:00 from Business Times Online - Companies News
(NEW YORK) Michael Woodford, the former CEO of Olympus Corp who blew the whistle on a US$1.7 billion financial fraud, is planning to write a book about his experience uncovering the scandal at the Japanese maker of cameras and medical equip..

» Talk of Yahoo stake buyback on Alibaba trading halt
09/02/12 20:00 from Business Times Online - Companies News
(HONG KONG) Trading in shares of Alibaba.com Ltd was halted yesterday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 per cent stake in it held by Yahoo Inc.

» ST Index closes in on 3,000 level
08/02/12 20:00 from Business Times Online - Singapore Markets
THE Straits Times Index (STI) yesterday rose 24.42 points to 2,982.20, the third consecutive rise for the week and the 17th gain out of 25 sessions since the year started, aided by a 1.5 per cent rise in Hong Kong and buying in anticipation..

» China Sky plot thickens as CEO resigns after directors
08/02/12 20:00 from Business Times Online - Companies News
THE cloud of uncertainty surrounding China Sky Chemical Fibre has thickened with the resignation of its chief executive officer.

» Court clears payment to MF Global S'pore clients
08/02/12 20:00 from Business Times Online - Companies News
CLIENTS of MF Global Singapore will finally begin to receive some of their money after the court approved a distribution plan, although creditors may have to wait another three months for the provisional liquidators to finish their job.