Oil jumps 3% on US debt ceiling progress, OPEC+ in focus

Wall St rises on debt ceiling deal cheer, hopes of Fed pause

Malaysia will not experience water supply crisis during El Nino — SPAN

Iskandar Investment records US$6.8 bil worth of investments since 2006 — Onn Hafiz

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

Kelington acquires 17% stake of Ace Gases Marketing for RM4.41 mil in share swap deal

Fed signal for rate pause takes pressure off hot jobs report

Stocks rise on debt-deal optimism, Fed pause talk

Fear of US-China conflict looms over Singapore defence forum

EU sees red over Chinese demands for cosmetics trade secrets

EVENING 5: Five things you need to know today

SCIB plans June 28 EGM to vote on ousting of three directors, including Azri Azerai

Biggest crypto stablecoin recovers all value lost in 2022 crash

Bursa ends lower on sluggish momentum

Star Media redesignates MCA Wanita chief Wong You Fong as non-independent director

Vietnam builders halt US$34b projects as crisis lingers

Anwar orders review of affordable housing requirements for developers

SINGAPORE (Oct 24): Market research agency Nielsen on Monday says that some 54% of Singaporeans cannot imagine life without their mobile devices and 48% feel anxious without them.

In addition, Nielsen found that 73% of Singaporeans enjoyed the freedom of being connected anywhere, anytim...

Can’t do without your mobile device? You’re not alone

SINGAPORE (Aug 31): Ride-hailing firm Grab has signalled its intention to move beyond transportation.

The private hire car service operator on Wednesday launched its peer-to-peer fund transfer feature, allowing users to transfer credits
to others via its in-app mobile wallet....

This ride-hailing app now wants to grab a share of the e-payments pie

SINGAPORE (Aug 31): Singapore Myanmar Investo is placing out more than 15.4 million new shares at 48 cents each with the help of CLSA Singapore
to raise S$7 million in net proceeds.

The placement price represents a discount of about 8.5% to the volume weighted average price of 52...

Singapore Myanmar Investco to raise S$7 mil in private placement

SINGAPORE (Aug 31): CIMB is maintaining its “add” on Cityneon with target price of S$1.27 after the group announced the acquisition of JP Exhibition which holds global rights to the Jurassic World travelling
exhibition.

In 2016, /Jurassic World: The Exhibition/ made a six-month s...

Cityneon set to roar with Jurassic World acquisition, says CIMB

SINGAPORE (Aug 31): IPCO International says its auditors had been unable to obtain sufficient appropriate evidence regarding "the nature and veracity" of a transaction related to Xiaogan He Shun Investment Management Centre.

This was because IPCO’s auditors were unable to obtain suffici...

IPCO says auditors unable to verify dubious transactions as they had occurred recently

SINGAPORE (Aug 3): Maybank KimEng likes Manufacturing Integration Tech (MIT) for issuing a positive guidance for 1H17 and is expecting the group to return to profitability on resumption in orders.

In a unrated report for retail investors, analyst Teh Kwong Yew says, “The turnaround is s...

Manufacturing Integration Tech to gain from iPhone 8 launch

SINGAPORE (Aug 3): Michael Wong Pakshong, the Monetary Authority of Singapore’s (MAS) first managing director who served at the post from 1971 to 1981, passed away on Wednesday morning at the age of 86.

In a statement yesterday, MAS conveyed its condolences to Wong’s family, and remembe...

MAS first managing director Michael Wong Pakshong dies at 86

SINGAPORE (Nov 10): ST Engineering, the engineering solutions provider, posted a 42% decline in 3Q16 earnings to S$76.7 million, from S$133.3 million a year ago.

The weaker bottom line was mainly attributed to the land systems sector, which grew 5% in revenue to S$334 million, but repor...

ST Engineering’s 3Q earnings fall 42% to S$76.7 mil on one-off impairment charge

SINGAPORE (Nov 10): DBS Vickers Securities is maintaining its “hold” recommendation on Fraser and Neave Holdings (F&N), with a revised sum-of-parts-based target price of S$2.36.

While the food and beverage conglomerate on Monday posted a FY16 earnings decline of 83% to S$108.1 milli...

No fizz in F&N’s margins going into FY17

SINGAPORE (Nov 10): While the global economy continues to face an uncertain future with yesterday’s announcement of Donald Trump’s election as the 45th U.S. president, Citi Research is highlighting a silver lining which may appear for ASEAN investors in the medium- to long-term.

No doub...

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