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). [Read entire story]

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 [Read entire story]

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 [Read entire story]

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. [Read entire story]

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. [Read entire story]

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. [Read entire story]

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 [Read entire story]

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 [Read entire story]

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 [Read entire story]