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Money Matters: Morning business news round-up for April 7, 2014
April 07, 2014 12:45 PMCatch up on the morning's top business headlines with The Straits Times Money Desk's daily update.   more...
Mon, 07 Apr 2014 04:45:08 GMT

Oil and gas firm BG Group moves global LNG and oil marketing headquarters to Singapore
April 07, 2014 12:43 PMSINGAPORE - British oil and gas firm BG Group has moved the headquarters of its global liquefied natural gas (LNG) and oil marketing business to Singapore, from its head office in Britain, the company said on Monday.   more...
Mon, 07 Apr 2014 04:43:10 GMT

Singapore's Q1 growth estimates, monetary policy decision to be released on Apr 14
April 07, 2014 12:21 PMSINGAPORE - Advance estimates of Singapore's economic growth in the first three months of the year will be out on April 14, said the Ministry of Trade and Industry on Monday.   more...
Mon, 07 Apr 2014 04:21:03 GMT

Philippine property firm DoubleDragon soars on market debut
April 07, 2014 11:58 AMMANILA (Reuters) - Shares of the Philippines' DoubleDragon Properties Corp jumped almost 40 per cent on their trading debut on Monday, as investors expressed confidence in the management to deliver on its planned projects.   more...
Mon, 07 Apr 2014 03:58:54 GMT

British company finance chiefs upbeat on hiring and investments: Survey
April 07, 2014 11:55 AMLONDON (Reuters) - British businesses plan to increase hiring and investment over the next 12 months, even as recent economic data points to a possible slowdown in economic growth, a poll of finance directors showed on Monday.   more...
Mon, 07 Apr 2014 03:55:44 GMT

Hillview residential site launched for sale
April 07, 2014 11:51 AMSINGAPORE - A residential site in Hillview, which can be used to build a 10-storey condominium development, has been put up for sale by tender with an indicative price of $55 million.   more...
Mon, 07 Apr 2014 03:51:20 GMT

East Asia to remain world's fastest growing region this year: World Bank
April 07, 2014 11:04 AMEast Asia will remain the fastest growing region in the world this year, on the back of stronger global growth, the World Bank said on Monday.   more...
Mon, 07 Apr 2014 03:04:03 GMT

XMH Holdings wins contracts worth $4.5m
April 07, 2014 10:38 AMSINGAPORE - XMH Holdings, a Singapore-listed provider of diesel engine, propulsion and power generating solutions, has clinched new contracts worth about US$3.6 million ($4.5 million).   more...
Mon, 07 Apr 2014 02:38:48 GMT

Money manager BlackRock shakes up management amid succession planning
April 07, 2014 10:38 AMNEW YORK (Reuters) - BlackRock Inc is reorganizing its senior management ranks as the world's largest money manager works towards an eventual succession plan for Larry Fink, its chief executive officer and co-founder.   more...
Mon, 07 Apr 2014 02:38:36 GMT

New Zealand home price growth slows in March
April 07, 2014 10:31 AMWELLINGTON (Reuters) - New Zealand house price growth slowed for a fourth consecutive month in March, as lending restrictions and rising interest rates weighed on the market, the government property valuer said on Monday.   more...
Mon, 07 Apr 2014 02:31:52 GMT

Singapore shares open 0.05% lower on Monday
April 07, 2014 9:11 AMSingapore shares opened lower on Monday, with the benchmark Straits Times Index at 3,211.08, down 0.05 per cent, or 1.64 points.   more...
Mon, 07 Apr 2014 01:11:04 GMT

Midas clinches $64 million of contracts for train car body components
April 07, 2014 6:11 PMMidas Holdings said on Monday that it has won 318 million yuan (S$64.4 million) worth of contracts for high-speed train car body components worth from CNR Tangshan Railway Vehicle Company.   more...
Sun, 06 Apr 2014 22:11:11 GMT

Shipping giant Maersk Line makes good business by reducing harmful emissions
April 07, 2014 6:06 PMImproving energy efficiency has paid off for shipping giant Maersk Line, which has reduced harmful air emissions while growing their business according to a report released on Monday by the company.   more...
Sun, 06 Apr 2014 22:06:35 GMT

Singapore's largest bank M&A deals through the years
April 07, 2014 4:26 PMIf the OCBC takeover bid for Hong Kong’s Wing Hang Bank succeeds, it will be the latest in a series of game-changing deals that Singapore banks have undertaken over the years. Here is a look at the largest mergers and acquisitions in Singapore’s banking sector through history:   more...
Sun, 06 Apr 2014 20:26:48 GMT

Indonesia to cut wheat flour import tariff, roll out quotas: official
April 07, 2014 4:07 PMJAKARTA (Reuters) - Indonesia will slash its 20 per cent import tariff on wheat flour next month and opt instead for a quota system, an official of the trade ministry in Asia's second-largest wheat importer said.   more...
Sun, 06 Apr 2014 20:07:58 GMT

Indonesia stocks hit 10-month high ahead of polls; other regional markets rangebound
April 07, 2014 4:03 PM(Reuters) - The Indonesian stock market rose on Monday to its highest in 10 months ahead of elections in the country later in the week, but other Southeast Asian shares were rangebound despite a United States jobs report last week that helped boost sentiment.   more...
Sun, 06 Apr 2014 20:03:48 GMT

Watchmakers wooing women to boost flagging sales
April 07, 2014 3:45 PMBASEL, Switzerland (Reuters) - A recent advert from luxury watchmaker Omega shows a large, technologically advanced timepiece. So far, so typical. But this one is studded with diamonds and worn by actress Nicole Kidman. Called the Ladymatic, it's the future of the industry.   more...
Sun, 06 Apr 2014 19:45:42 GMT

UIC extends SingLand offer deadline, keeps offer price the same
April 07, 2014 2:36 PMUnited Industrial Corp (UIC) has extended the deadline for its general offer for Singapore Land shares to April 21.   more...
Sun, 06 Apr 2014 18:36:20 GMT

Foxconn eyes buyout firm MBK's Taiwan cable TV unit: source
April 07, 2014 2:04 PMTAIPEI/HONG KONG (Reuters) - Foxconn Technology Group, Apple Inc's main contract manufacturer, is in talks with Asian private equity firm MBK Partners to buy Taiwanese cable TV company China Network Systems (CNS), a source with knowledge of the matter told Reuters on Monday.   more...
Sun, 06 Apr 2014 18:04:04 GMT

Cement makers Lafarge, Holcim agree on merger plan: Media
April 06, 2014 8:11 AMPARIS (REUTERS) - The world's two largest cement makers, France's Lafarge and Switzerland's Holcim , on Saturday agreed on the terms of a merger that would create a company with a stock market value of around US$55 billion (S$69 billion), French newspaper Le Figaro reported on its website.   more...
Sun, 06 Apr 2014 00:11:40 GMT

Brookstone gets bankruptcy financing
April 06, 2014 7:43 PMWilmington, Delaware - Brookstone Inc, the retailer of luxury gadgets including US$4,600 (S$5,800) massage chairs, won bankruptcy court approval of a financing package to help fund operations and pay off some debt as it pursues a sale.   more...
Sat, 05 Apr 2014 23:43:53 GMT

Ezion Holdings takes up strategic stake in JK Tech Holdings
April 06, 2014 6:46 PMEzion Holdings is taking a strategic stake in Catalist-listed JK Tech Holdings.   more...
Sat, 05 Apr 2014 22:46:38 GMT

Police impound passports of top executives amid penny stock crash probe
April 06, 2014 6:16 PMThe police have impounded the passports of at least three corporate executives as they continue to probe into last October's penny stock crash.   more...
Sat, 05 Apr 2014 22:16:58 GMT

Financial adviser affirms UIC's offer for Singapore Land shares are fair, reasonable
April 06, 2014 6:03 PMThe independent financial adviser to SingLand's independent director has stood by its assessment of a general offer for the company made by its parent United Industrial Corp (UIC).   more...
Sat, 05 Apr 2014 22:03:36 GMT

Oxley Holdings may spin off overseas property business for Catalist listing
April 06, 2014 5:56 PMOxley Holdings is considering restructuring its overseas property business, which may include listing it separately on Catalist.   more...
Sat, 05 Apr 2014 21:56:33 GMT



 
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Jaya0.076 (78,390,000)
Blumont0.056 (77,109,000)
Spackman0.475 (76,734,000)
APAC Strategic0.060 (62,013,000)
SIIC Environment0.168 (46,827,000)
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KimHeng Offshore0.270 (35,641,000)
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HSI23600MBePW1408280.066 (33,054,000)
Golden Agri-Res0.550 (32,383,000)

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DBXT MSKorea 10US$65.250 (1.050)
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DBXT China25 10US$31.370 (0.890)
N513100T 180401 1099.013 (0.783)
NY14100E 290701 10100.200 (0.737)
JSH 500 USD36.200 (0.400)
DBXT MSINDIA 10US$10.460 (0.320)
UOB24.040 (0.310)
DBS17.910 (0.300)

Top 10 Losers
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