SGX Online is an information resource for Singapore Exchange providing free stock quotes and the latest news on the SGX.Singapore Business NewsFitch cuts rating of 5 euro zone countriesWASHINGTON (AFP) - Rating agency Fitch on Friday downgraded five euro zone countries, including Italy and Spain, citing their vulnerability to sharp turns in market sentiment amid Europe's debt crisis. more... Sat, 28 Jan 2012 00:36:00 GMT US stocks mixed after GDP, Chevron disappoint NEW YORK (AFP) - A disappointing quarterly report from Chevron and a lower-than-expected US economic growth report for the fourth quarter kept a lid on US markets on Friday. more... Sat, 28 Jan 2012 00:26:00 GMT Japan telecom bosses take pay cuts for system woes TOKYO (AFP) - The president and five other top executives of Japan's biggest mobile phone operator will take pay cuts to apologise for a series of network troubles, NTT DoCoMo said on Friday. more... Fri, 27 Jan 2012 22:00:00 GMT Greece to implement reforms before aid flows: EU, IMF ATHENS/DAVOS (REUTERS) - The European Union and IMF want Greece to push through more budget cuts and implement a series of long-agreed austerity reforms before they agree on a new bailout the country needs to avert bankruptcy, a report obtained by Reuters shows. more... Fri, 27 Jan 2012 12:03:00 GMT Singapore shares close higher at 0.75% on Friday Singapore shares closed higher on Friday, with the benchmark Straits Times Index at 2,916.26, up 0.75 per cent, or 21.83 points. more... Fri, 27 Jan 2012 09:30:00 GMT Smartphones power Samsung to record profit of $5.9b in Q4 SEOUL (AFP) - South Korea's Samsung Electronics on Friday reported a record operating profit of 5.3 trillion won (S$5.94 billion) in the fourth quarter, thanks largely to booming smartphone sales. more... Fri, 27 Jan 2012 08:21:00 GMT CapitaRetail China Trust's Q4 income up 21% to $15.7m CapitaRetail China Trust's fourth quarter income available for distribution rose 21 per cent up to $15.7 million, lifted by the contributions from its CapitaMall Minzhongleyuan property and higher revenue from its other mall assets. more... Fri, 27 Jan 2012 04:47:00 GMT Nokia 2011 results deep in red despite new Lumia line HELSINKI (AFP) - World-leading mobile phone maker Nokia on Thursday posted deep 2011 losses amid slumping handset sales and as its first Windows-based smartphone, aimed at shoring up its flagging market share, struggled to get off the ground. more... Thu, 26 Jan 2012 23:09:00 GMT US stocks slip on weak data, profit taking NEW YORK (AFP) - US stocks erased early gains on solid earnings reports from Caterpillar and Netflix to end lower Thursday, with some weak economic data and profit taking seeming to drive the selling. more... Thu, 26 Jan 2012 22:24:00 GMT US durable goods orders up 3% in December WASHINGTON (AP) - Orders to United States (US) factories for long-lasting manufactured goods increased in December after businesses stepped up spending on machinery and other capital goods. more... Thu, 26 Jan 2012 14:01:00 GMT New claims for US unemployment benefits edge higher WASHINGTON (AFP) - New claims for United States (US) unemployment benefits rose last week but the four-week average, an indicator of layoffs, continued to head lower, official data showed on Thursday. more... Thu, 26 Jan 2012 13:59:00 GMT Spanish unemployment rises further to 24 per cent MADRID (AP) - Spain's unemployment rate has jumped to nearly 24 per cent in the fourth quarter, Finance Minister Cristobal Montoro said on Thursday, confirming that the country is still in the throes of a long and painful economic crisis. more... Thu, 26 Jan 2012 13:40:00 GMT Nokia posts $1.8 billion loss in fourth quarter HELSINKI (AFP) - Finland's Nokia, struggling to remain the world's top mobile phone maker, on Thursday posted deep losses for both the full year of 2011 and for the fourth quarter amid slumping handset sales. more... Thu, 26 Jan 2012 12:33:00 GMT Halt in Iran oil could push crude up 30%: IMF WASHINGTON (REUTERS) - The International Monetary Fund (IMF) warned on Wednesday that global crude prices could rise as much as 30 per cent if Iran halts oil exports as a result of United States (US) and European Union (EU) sanctions. more... Thu, 26 Jan 2012 12:04:00 GMT As Myanmar opens, hoteliers see prospects DAVOS/BANGKOK (REUTERS) - Travellers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the 'tinkly temple-bells' of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott, thanks to Myanmar's emergence from political isolation. more... Thu, 26 Jan 2012 11:39:00 GMT Gates injects $950 million in troubled Global Fund DAVOS, Switzerland (AP) - Bill Gates rode to the rescue of a beleaguered health fund Thursday by pledging US$750 million (S$950 million) to fight three of world's killer diseases. more... Thu, 26 Jan 2012 10:53:00 GMT Toyota aims to boost worldwide sales of Lexus TOKYO (REUTERS) - Toyota Motor said on Thursday it aims to boost worldwide sales of its Lexus luxury cars by about a quarter to 500,000 to 510,000 vehicles this year, bringing them back to levels before the global financial crisis hammered demand. more... Thu, 26 Jan 2012 09:46:00 GMT Toyota aims to boost worldwide sales of Lexus TOKYO (REUTERS) - Toyota Motor said on Thursday it aims to boost worldwide sales of its Lexus luxury cars by about a quarter to 500,000 to 510,000 vehicles this year, bringing them back to levels before the global financial crisis hammered demand. more... Thu, 26 Jan 2012 09:46:00 GMT Keppel Corp beats estimates with 11% rise in 4Q profits SINGAPORE (REUTERS) - Keppel Corp, the world's largest rig-builder, reported an 11 per cent rise in fourth quarter net profit, helped by a jump in contributions from its infrastructure and property arms. more... Thu, 26 Jan 2012 09:38:00 GMT Singapore shares close 0.1% higher on Thursday Singapore shares closed 0.1 per cent on Thursday, with the benchmark Straits Times Index at 2,894.43, or 2.79 points. more... Thu, 26 Jan 2012 09:15:00 GMT H&M profits down on discounting, higher costs STOCKHOLM (AP) - Fashion retailer Hennes & Mauritz (H&M) on Thursday recorded a 2.4 per cent drop in fourth-quarter net profits, on par with market expectations, due to higher materials costs and heavy discounting to attract customers during an economic downturn. more... Thu, 26 Jan 2012 09:10:00 GMT Loss-making electronics giant NEC to cut 10,000 jobs TOKYO (AFP) - Japanese electronics giant NEC said on Thursday it would axe 10,000 jobs worldwide, as it announced losses for the past nine months had almost doubled. more... Thu, 26 Jan 2012 09:00:00 GMT British PM urges EU to look beyond Doha LONDON (REUTERS) - British Prime Minister David Cameron called the drive to finish the Doha round of world trade talks a failure and said on Thursday the European Union (EU) should instead negotiate free trade deals with the United States (US) and Africa. more... Thu, 26 Jan 2012 08:12:00 GMT Nintendo triples annual net loss forecast to $1.1 billion TOKYO (AFP) - Game giant Nintendo said on Thursday that it expected to lose 65 billion yen (S$1.1 billion) this year, more than three times the amount it had earlier predicted. more... Thu, 26 Jan 2012 08:06:00 GMT AirAsia: Australia airfare issue 'resolved' KUALA LUMPUR (AFP) - Asia's biggest budget carrier AirAsia said on Thursday it has taken 'corrective action' to resolve complaints in a lawsuit brought by Australian regulators over its online fare information. more... Thu, 26 Jan 2012 08:00:00 GMT |
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