STOCKS

STI falls 0.6% on virus resurgence, US election uncertainty

THE Singapore bourse began the week on a dour note, led by a trifecta of factors - coronavirus, the US election and corporate earnings season. The key Straits Times Index (STI) fell 14.08 points or 0.6 per cent to 2,523.31 on Monday as Covid-19 cases hit record highs in the US and several...

Singapore shares fall 0.6% on triple factors - coronavirus, US election and earnings

THE Singapore bourse began the week on a dour note, led by a trifecta of factors - coronavirus, US election and corporate earnings season.

On the green power train

CHANGE starts at home.

Seven linked to Keppel FELS charged with bribery-related offences

SEVEN individuals, including an employee and three subcontractors of Keppel FELS - a wholly-owned shipbuilder of Keppel Offshore & Marine - were charged in court on Wednesday with multiple counts of bribery-related offences that were allegedly committed between 2014 and 2017.

Seven individuals, including staff and subcontractors of Keppel FELS, charged with corruption

SEVEN individuals, including an employee and three subcontractors of Keppel FELS - a wholly-owned unit of Keppel Offshore & Marine - were charged in court on Wednesday with offences related to obtaining, accepting and giving gratification between 2014 and 2017.

Wiluan family loses bid to stop JM order on KS Energy

A SECOND attempt by Indonesia's Wiluan family to fight OCBC's bid to place KS Energy and a key unit under judicial management (JM) failed on Tuesday.

BT EXCLUSIVE

Indonesia's Wiluan family loses bid to prevent JM order for KS Energy

A SECOND shot by Indonesia's Wiluan family to fight key creditor OCBC's bid to place KS Energy and a key unit under judicial management (JM) failed on Tuesday.

Terence Loh distances himself from cousin and Evangeline Shen

THE heat on the two Loh cousins amid a police probe into allegedly forged accounts appears to have driven a wedge between one of them and business partner Evangeline Shen, pushing the long-time chums into parting ways on Monday.

HOCK LOCK SIEW

How many firms under JM could be staring down the barrel of liquidation?

FROM the get-go, the corporate rescue of debt-hit ZenRock Commodities Trading had seemed like a long shot.

Trump's Covid-19 diagnosis brings out the bears on crude

CRUDE prices, already possessed by bears amid a supply glut and an elusive US stimulus package, were hammered on Friday as uncertainty reigned on news that US President Donald Trump has tested positive for Covid-19.

BT EXCLUSIVE

Trump's Covid diagnosis piles bearish pressure on oil prices

CRUDE oil prices, already possessed by bears amid a supply glut and an elusive US stimulus package, were hammered on Friday as uncertainty reigned on news that US President Donald Trump tested positive for Covid-19.

BT EXCLUSIVE

Rocked by allegations, Novena Global Healthcare board takes over running of firm from Loh cousins

A GROUP of chafed investors in Novena Global Healthcare Group (NGHG) is moving to guard its interests on concerns about the company's accounts. Among these investors: Sinopharm Capital, the private equity arm of Chinese pharmaceutical giant Sinopharm.

Novena Global Healthcare board distances itself from Loh cousins, sets up panel to probe 'forged' accounts

THE board of Novena Global Healthcare Group (NGHG), the flagship firm founded by scandal-hit Singaporeans Nelson and Terence Loh, have distanced themselves from the duo and set up a special committee to investigate the firm's audited accounts, which a leading accounting firm as alleged are...

BT EXCLUSIVE: HIN LEONG COLLAPSE

PwC, 2 law firms could earn S$17m from Hin Leong's rescue bid

PRICEWATERHOUSECOOPERS (PwC) and legal firms Rajah & Tann and Drew & Napier could pocket up to S$17.3 million in fees from the court-supervised bid to rescue debt-hit Hin Leong Trading (HLT), say court documents.

BT EXCLUSIVE

PwC, two law firms could earn S$17m in fees to rescue troubled Hin Leong

PRICEWATERHOUSECOOPERS (PwC) and legal firms Rajah & Tann and Drew & Napier could pocket up to S$17.3 million in fees from the court-supervised bid to rescue debt-hit Hin Leong Trading (HLT), say court documents.

Scandal-hit Loh cousins seeking to offload their stake in Axington

AMID mounting public scrutiny and a police report lodged by a "Big Four" accounting firm, Singaporean duo Nelson and Terence Loh are looking to off-load their recently-acquired stake in Catalist-listed Axington Inc, according to several sources.

STOCKS

STI closes flat, down 0.1% to cap a broody week

SINGAPORE shares capped a rather broody week on a flat note, with the key Straits Times Index (STI) down two points or 0.08 per cent at 2,490.09 on Friday after a renewed rout in US mega-gap tech shares.

Singapore shares close 0.1% lower on choppy trading

SINGAPORE shares capped a rather broody week on a flat note. The key Straits Times index was down 2.0 points or 0.08 per cent at 2,490.09 on Friday, after a renewed rout in US mega-gap tech shares.

STOCKS

STI dips 0.3% on lingering aftershock of US tech rout

THE Singapore bourse continued its downward trajectory on Thursday, with the key Straits Times Index closing 7.24 points or 0.29 per cent lower at 2,492.09, uninspired by Wall Street's overnight bounce as tech's three-day rout in the United States paused.

Singapore shares close 0.3% lower

THE Singapore bourse continued its downward trajectory on Thursday, with the key Straits Times Index closing 7.24 points or 0.29 per cent lower at 2,492.09, uninspired by Wall Street's overnight bounce as tech's three-day rout in the US paused.

STOCKS

STI slips 0.2% on double whammy of US tech sell-off, vaccine delays

THE Singapore bourse was on shaky ground with the key Straits Times Index trading underwater all day and paring some losses to finish 5.43 points or 0.22 per cent lower at 2,499.33 on Wednesday, following an extended tech sell-off in Wall Street overnight.

Singapore shares fall 0.3% on US tech rout and dashed vaccine hopes

THE Singapore bourse was on shaky ground with the key Straits Times Index trading underwater all of Wednesday and paring some losses to finish 5.43 points or 0.22 per cent lower at 2,499.33, following an extended tech sell-off in Wall Street overnight.

STOCKS

Straits Times Index dips 0.26% in directionless cruise

THE Singapore bourse's key Straits Times Index fell 6.45 points or 0.26 per cent to 2,504.76 on Tuesday as prices seesawed on directionless auto pilot.

Singapore shares close 0.3% lower on directionless trading

THE Singapore bourse's key Straits Times Index fell 6.45 points or 0.26 per cent to 2,504.76 on Tuesday, as prices by and large drifted to and fro on directionless auto pilot.