In the course of rapid urbanization, environmental issues often take a back seat. This city in Asia however, has managed to balance growth and sustainability.» Read More
Singapore Airlines, the first carrier in the world to fly the new superjumbo A380, said Thursday the first delivery of the hulking jet has been set for Oct. 15.
The Philippine peso and Singapore dollar led the losses in Asia on Wednesday as investors extended their aggressive sales of risky assets on fears U.S. credit market woes were spreading overseas.
Singapore Telecommunications, Southeast Asia's largest phone company, on Tuesday beat market expectations with a 10.4% rise in first-quarter net profit reflecting good business at home and abroad.
Singapore's state-owned Temasek Holdings warned that growing protectionism in Europe and the United States towards it and other sovereign wealth funds could hurt its expansion as it seeks higher returns abroad.
Singapore's quarterly jobless rate fell to six-year low on Tuesday while its workforce grew at the fastest pace since records began in 1980, a further sign that the central bank may face rising inflation.
CapitaLand, Southeast Asia's biggest developer, on Tuesday posted a nearly six-fold surge in second-quarter net profit on the back of strong home sales in Singapore and China.
DBS Group posted a quarterly net profit of S$560 million (US$369.5 million), down 7% from S$603 million a year earlier due to a one-time charge in the period. Excluding the one-time items, the net profit for the quarter was S$664 million, up 21% from a net profit of S$549 million, beating the first quarter's better-than-expected profit of S$617 million.
British bank Barclays has raise its offer for ABN Amro Holding to $93.1 billion with help from two Asian partners, an attempt to remain competitive with a rival bid from a group led by Royal Bank of Scotland.
British bank Barclays has raised its bid for Dutch group ABN Amro 67.5 billion euros ($93 billion), helped by some of the biggest ever overseas investments by China and Singapore.
Richard Branson is willing to buy back Singapore Airlines' 49 percent stake in his airline, Virgin Atlantic, London's Times newspaper reported.
Singapore's trade-driven economy beat even the most optimistic forecasts, growing at an annualized rate of 12.8% in the second quarter, its fastest pace in two years, thanks to a manufacturing rebound and soaring construction.
Singapore Telecommunications, Southeast Asia's leading telecoms group, agreed to buy a 30% stake in Warid Telecom, Pakistan's No. 3 mobile operator, for $758 million.
Shares of United Test and Assembly Center (UTAC) rose as much as 8.35% on Wednesday after private equity firm Texas Pacific Group and Asia-focused buyout firm Affinity Equity Partners offered to buy the Singapore microchip tester.
Singapore's DBS Group Holdings, Southeast Asia's largest bank, said on Monday it has ended talks with Lone Star about buying a stake in South Korean lender Korea Exchange Bank.
Think of investing in Asia and markets like China and India immediately spring to mind. China seems to be preoccupying everyone. And why would it not with the Shanghai Composite Index more than doubling over the last 12 months, thanks largely to nearly 90 million retail investors. But things are not looking so rosy at the moment. Chinese shares have been on a volatile ride of late. After hitting another record high on May 29, the index has lost almost 7% as of June 8. For investors, who are less than thrilled to ride the Chinese stock market rollercoaster, the good news is, that you have options – very good ones at that.
Government-owned Dubai Drydocks World said on Monday it had agreed to take over 70% of Singaporean shipyard operation Pan-United Marine in a deal valuing the company at $424 million.
Singapore state investor Temasek Holdings will join Singapore Airlines to acquire a stake of up to 25% in China Eastern Airlines, Hong Kong's South China Morning Post reported on Friday, citing unnamed people familiar with the deal.
Shares of Singapore Airlines, the world's biggest airline by market value, rose 1.6% in early trade on Wednesday on reports that it will buy a stake worth $1 billion in China Eastern Airlines.
Shares in China Eastern Airlines and Singapore Airlines were suspended on Tuesday amid expectations that the Southeast Asian carrier would soon buy up to 25% of the Shanghai-based airline.
Singapore's trade-driven economy grew faster than expected on the back of a property and services sector boom, prompting the government to raise its 2007 GDP growth forecast to 5.0-7.0%, from 4.5-6.5%.