Singapore Business

Singapore stocks jump 5 percent on financials, commods
SINGAPORE, Jan 5 (Reuters) - Singapore's benchmark Straits Times Index <.FTSTI> rallied 5 percent in late trade on Monday, led by gains in financials and commodity stocks.

Singapore Petroleum says CEO to retire, return on contract
SINGAPORE, Jan 2 (Reuters) - Singapore Petroleum Corp (SPC) <SPCS.SI> said on Friday its Chief Executive Officer Koh Ban Heng will retire on Feb 5.

Singapore recession deepens, govt cuts 09 outlook
(Adds house price data)

Singapore's 2008 growth slumps to 1.5 pct, PM says
Singapore's economic growth slumped to 1.5 percent in 2008, its slowest pace in seven years, as a severe global downturn hurt tourism and demand for the city-state's exports, Prime Minister Lee Hsien Loong said Wednesday.

Singapore, Incheon scrap plans for new budget airline
Singapore's Tiger Airways said Tuesday a plan to establish a budget carrier with South Korea's Incheon city has been scrapped due to the worsening global economic situation.

Output in recession-hit Singapore down 7.5 pct in Nov: govt
Singapore's manufacturing output fell 7.5 percent in November, according to the latest data, as exports from the recession-hit economy suffer during a global slowdown.

India Reliance leases Vopak oil storage in Singapore
(Adds more market background)

Singapore to keep money rates low as economy sags
By Kevin Yao

Singapore November inflation falls to 5.5 percent
Singapore's inflation rate fell to an 11-month low in November as plunging oil prices lowered gasoline costs, according to data released Tuesday by the country's statistics department.

Singapore's DBS plans 2.8-billion-dollar rights issue
Singapore's DBS Group Holdings, Southeast Asia's biggest bank by assets, said Monday it plans to raise about 4.0 billion Singapore dollars (2.76 billion US) in a rights issue.