SGX Online is an information resource for Singapore Exchange providing free stock quotes and the latest news on the SGX.Singapore Business NewsApple supplier Cirrus slumps as pricing pressure growsMay 24, 2013 6:14 AM SAN FRANCISCO (REUTERS) - Shares of Apple supplier Cirrus Logic slumped 18 per cent on Thursday after the chipmaker said in a filing it faces growing pricing pressure in the smartphone market. more... Fri, 24 May 2013 06:14:00 GMT JPMorgan's Jamie Dimon to keep dual chairman, CEO role May 22, 2013 12:46 AMNEW YORK (AFP) - JPMorgan Chase shareholders on Tuesday rejected a proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory. more... Wed, 22 May 2013 00:46:00 GMT Vodafone says annual profit slumps 90% on euro zone woes May 21, 2013 2:31 PMLONDON (AFP) - British mobile phone giant Vodafone said on Tuesday that annual net profits tumbled 90 per cent after it took a vast £7.7-billion (S$14.69 billion) impairment charge relating to its businesses in debt-laden euro zone nations Italy and Spain. more... Tue, 21 May 2013 14:31:00 GMT Thai central bank governor says ready to ease monetary policy if economy really slowing May 21, 2013 1:27 PMBANGKOK (REUTERS) - Thailand's central bank governor said he was ready to ease monetary policy if the economy was really slowing but he wanted to see further details about the weakness in private consumption suggested in first-quarter data. more... Tue, 21 May 2013 13:27:00 GMT Australian coal port workers to strike on Friday May 21, 2013 1:24 PMPERTH (REUTERS) - Workers at Australia's Newcastle port, the world's largest thermal coal export facility, plan to stop work for eight hours on Friday to protest proposed changes to their work contract that could hit working conditions and jobs. more... Tue, 21 May 2013 13:24:00 GMT US Treasury Secretary taps government retiree pension fund May 21, 2013 10:33 AMWASHINGTON (AP) - Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the US Treasury is faced with the prospect of defaulting on the national debt. more... Tue, 21 May 2013 10:33:00 GMT Warren Buffett enjoys playing salesman-in-chief May 21, 2013 9:24 AMRALSTON, Neb. (AP) - US billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman. more... Tue, 21 May 2013 09:24:00 GMT Singapore shares open lower on Tuesday May 21, 2013 9:10 AMSingapore shares opened lower on Tuesday, with the benchmark Straits Times Index at 3,446.42 in early trade, down 0.23 per cent, or 7.81 points. more... Tue, 21 May 2013 09:10:00 GMT Britain's Cameron tells Google and others to play fair on tax May 21, 2013 6:18 AMLONDON (REUTERS) - British Prime Minister David Cameron on Monday told Google's executive chairman Eric Schmidt and other business leaders that he expected their companies to pay their taxes in exchange for benefiting from low tax rates. more... Tue, 21 May 2013 06:18:00 GMT Former World Bank chief warns of Japan 'sugar high' May 21, 2013 6:16 AMWASHINGTON (AFP) - Former World Bank president Robert Zoellick said on Monday Japan's economic drive needed accompanying structural reforms, voicing fear that recent growth could be just a "sugar high". Japan posted 0.9 per cent quarter-to-quarter growth in the three months through March, during which time Prime Minister Shinzo Abe took charge with a platform that has featured ramping up money supply and intense fiscal stimulus. more... Tue, 21 May 2013 06:16:00 GMT Apple offshore loopholes averted taxes: Panel May 21, 2013 6:07 AM WASHINGTON (AFP) - Apple avoided paying taxes on tens of billions of dollars in profits through a complex network of subsidiaries, many with "no declared tax jurisdiction," a US Senate panel has concluded. more... Tue, 21 May 2013 06:07:00 GMT Blackstone group offers to take Pactera private May 21, 2013 1:55 AMAP - Private equity firm Blackstone Group LP, along with Pactera's chief executive officer and other managers, have offered to take Pactera private in a deal that values the Chinese technology consulting and outsourcing firm at US$680.4 million (S$856 million). more... Tue, 21 May 2013 01:55:00 GMT Slovenia to start privatisations in September, says finance minister May 21, 2013 1:32 AMLJUBLJANA (REUTERS) - Slovenia, which has pledged to cut costs and sell off state-owned companies to help it avoid a euro zone bailout, will start the privatisations in September, Finance Minister Uros Cufer told parliament on Monday. more... Tue, 21 May 2013 01:32:00 GMT UK's Nationwide plans new 'loss-absorbing' debt May 21, 2013 1:16 AMLONDON (REUTERS) - Nationwide, Britain's biggest customer-owned financial services group, plans to issue a new form of so-called loss-absorbing debt that could shift some of its losses to holders of its debt. more... Tue, 21 May 2013 01:16:00 GMT ComfortDelGro to buy Melbourne bus operator for $26.8 million May 20, 2013 9:39 PMTRANSPORT group ComfortDelGro Corp is acquiring Melbourne bus company Driver Group for about A$22 million (S$26.8 million), in a move that will further expand its footprint Down Under. more... Mon, 20 May 2013 21:39:00 GMT Koh Boon Hwee to invest in XMH Holdings May 20, 2013 9:36 PMANGEL investor Koh Boon Hwee is putting money into mainboard-listed diesel engine provider XMH Holdings, just days after investing in rubber processing firm Halcyon Agri Corporation. more... Mon, 20 May 2013 21:36:00 GMT Japan panel warns of dangers if debt unaddressed May 20, 2013 7:33 PMTOKYO (REUTERS) - A Japanese government panel warns there is "absolutely" no guarantee that domestic investors will keep buying government bonds, citing the risk of a spike in bond yields that could crimp long-term growth prospects, according to a draft report seen by Reuters on Monday. more... Mon, 20 May 2013 19:33:00 GMT Ryanair keeps growing, reports record profits May 20, 2013 5:53 PMDUBLIN (AP) - Ryanair reported record profits on Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North Africa. more... Mon, 20 May 2013 17:53:00 GMT Mobiles offer financial lifeline to Asian migrants: Study May 20, 2013 5:04 PMBANGKOK (AFP) - Asia's mobile revolution is set to transform the region's financial services industry, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday. more... Mon, 20 May 2013 17:04:00 GMT Thai economy shrinks 2.2% in first quarter, first contraction in more than a year May 20, 2013 3:12 PMBANGKOK (AFP) - Thailand's economy shrank 2.2 per cent in the three months to March from the previous quarter - the first contraction in more than a year - as manufacturing output fell, official data showed on Monday. more... Mon, 20 May 2013 15:12:00 GMT Indonesia names investment chief Chatib Basri as new finance minister May 20, 2013 3:08 PMJAKARTA (REUTERS) - Indonesia named respected investment chief Muhammad Chatib Basri as finance minister, who takes on the role as South-east Asia's biggest economy grapples with slowing economic growth and how to bring down the cost of massive fuel subsidies. more... Mon, 20 May 2013 15:08:00 GMT Goldman Sachs to invest $3.64b in Japan's green energy May 20, 2013 3:03 PMTOKYO (AFP) - US investment banking giant Goldman Sachs said on Monday that it will start investing in Japanese renewable energy projects, with a reported US$2.9 billion (S$3.64 billion) outlay over the next five years. more... Mon, 20 May 2013 15:03:00 GMT Death sentence for woman in China's underground bank case May 20, 2013 1:49 PMBEIJING (AP) - A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs. more... Mon, 20 May 2013 13:49:00 GMT French food group Danone takes second chance with China Mengniu Dairy May 20, 2013 1:35 PMHONG KONG (REUTERS) - Danone Group has agreed to invest 325 million euros (S$523.97 million) in two deals with China Mengniu Dairy Co Ltd, marking a comeback for the French group in China where scandals have hurt confidence in food safety. more... Mon, 20 May 2013 13:35:00 GMT Indonesia's 2014 budget assumes 45 pct hike in subsidised petrol price May 20, 2013 1:22 PMJAKARTA (REUTERS) - Indonesia's government is assuming there will be a 45 per cent rise in the price of subsidised petrol, a move widely seen as essential to relieve mounting pressure on the state finances. more... Mon, 20 May 2013 13:22:00 GMT |
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