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A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil eases after two-day gain, rising U.S. production weighs

Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new produ…

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  • A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas
    Oil eases after two-day gain, rising U.S. production weighs Reuters

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for …

    A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new production in almost four years. U.S. oil production has risen more than 6 percent since mid-2016, although it remains …

  • A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas
    Oil eases after two-day gain, rising U.S. production weighs Reuters

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for …

    A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new production in almost four years. U.S. oil production has risen more than 6 percent since mid-2016, although it remains …

  • A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas
    Oil eases after two-day gain, rising U.S. production weighs Reuters

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for …

    A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new production in almost four years. U.S. oil production has risen more than 6 percent since mid-2016, although it remains …

  • Oil eases after 2-day gain, rising U.S. production weighs Reuters

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for …

    FILE PHOTO: Oil workers weld a pipeline at PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new production in almost four years. U.S. oil production has risen more than 6 percent since mid-2016, although it remains …

  • Oil eases after two-day gain, rising U.S. production weighs Reuters

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for …

    A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

    Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new production in almost four years. U.S. oil production has risen more than 6 percent since mid-2016, although it remains …

  • China's bitcoin exchanges, eyed by regulators, slap on trading fees Reuters

    China's three largest bitcoin exchanges, whose activities have drawn increased scrutiny from the central bank, said they will begin charging trading fees effective Tuesday. BTCC, Huobi and OkCoin said …

    FILE PHOTO: An illustration photo shows a Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen at La Maison du Bitcoin in Paris

    China's three largest bitcoin exchanges, whose activities have drawn increased scrutiny from the central bank, said they will begin charging trading fees effective Tuesday. BTCC, Huobi and OkCoin said in separate statements on their websites late on Sunday that they will charge traders a flat fee of 0.2 percent per transaction. …

  • Samsung Electronics won't unveil Galaxy S8 smartphone at MWC show: executive Reuters

    Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress (MWC) trade show this year, suggesting the flagship model's launch may be later …

    A flag bearing the logo of Samsung Electronics is pictured at its headquarters in Seoul

    Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress (MWC) trade show this year, suggesting the flagship model's launch may be later in the year than its 2016 version. Samsung mobile chief Koh Dong-jin said the phone would not get a launch event at …

  • Samsung Elec says battery caused Note 7 fires, may delay new phone launch Reuters

    By Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation …

    Participant wearing costume symbolising Samsung Galaxy Note 7 walks among pedestrians after a Halloween parade in Kawasaki

    By Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong-jin said procedures had been …

  • Samsung Electronics says battery caused Note 7 fires, may delay new phone launch Reuters

    By Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation …

    A flag bearing the logo of Samsung Electronics is pictured at its headquarters in Seoul

    By Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Samsung mobile chief Koh Dong-jin said procedures had been …

  • Samsung Elec won't unveil Galaxy S8 smartphone at MWC show - exec Reuters

    Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress (MWC) trade show this year, suggesting the flagship model's launch may be later …

    FILE PHOTO: People are silhouetted as they pose with mobile devices in front of a screen projected with a Samsung logo, in this illustration picture

    Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress (MWC) trade show this year, suggesting the flagship model's launch may be later in the year than its 2016 version. Samsung mobile chief Koh Dong-jin said the phone would not get a launch event at …

  • CIT sells its 5-storey industrial building along Ubi Avenue Singapore Business Review

    Cambridge Industrial Trust has entered into an agreement with RBC Investor Services Trust Singapore Ltd. for the proposed sale of the remaining leasehold interest in a property located along Ubi Avenue …

    CIT sells its 5-storey industrial building along Ubi Avenue

    Cambridge Industrial Trust has entered into an agreement with RBC Investor Services Trust Singapore Ltd. for the proposed sale of the remaining leasehold interest in a property located along Ubi Avenue for $22.1m. The 5-storey industrial building located at the junction of Ubi Avenue 3 and Ubi Road 3 has a gross floor …

  • Gold rises to two-month high on Trump policy uncertainty, dollar drop Reuters

    Gold prices rose on Monday to the highest in two months as investors sought safer assets amid uncertainty around the economic policies of new U.S. President Donald Trump and as the dollar declined against …

    FILE PHOTO: Gold bars at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna

    Gold prices rose on Monday to the highest in two months as investors sought safer assets amid uncertainty around the economic policies of new U.S. President Donald Trump and as the dollar declined against other major currencies. U.S. gold futures were up 1.1 percent, to $1,218.20 at 0303 GMT. The dollar index, which measures …

  • Is Singapore market's attractiveness for private equity buyouts fading? Singapore Business Review

    It has been on the slump since 2014, giving way to Indonesia and Vietnam. Despite the growth in South East Asia's M&A activity, which has seen a US$ 32.8b improvement across 252 deals, M&A in Singapore …

    Is Singapore market's attractiveness for private equity buyouts fading?

    It has been on the slump since 2014, giving way to Indonesia and Vietnam. Despite the growth in South East Asia's M&A activity, which has seen a US$ 32.8b improvement across 252 deals, M&A in Singapore has slipped. According to Mergermarket trend report, Singapore, a key target market historically for PE buyouts in the …

  • SEC probing Yahoo over previously disclosed cyber breach: filing Reuters

    The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating …

    A photo illustration shows a Yahoo logo on smartphone in front of a displayed cyber code and keyboard

    The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating with federal, state and foreign” agencies, including the SEC, that were seeking information and documents about …

  • Dollar drops as investors await details of Trump's policies Reuters

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President …

    A man walks past a currency exchange bureau advertisement showing an image of the U.S. dollar in Cairo

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President Donald Trump to offer details of his promised stimulus. "It seems to be driven by uncertainty right now, and Trump's inauguration …

  • Dollar drops as investors await details of Trump's policies Reuters

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President …

    A man walks past a currency exchange bureau advertisement showing an image of the U.S. dollar in Cairo

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President Donald Trump to offer details of his promised stimulus. "It seems to be driven by uncertainty right now, and Trump's inauguration …

  • Dollar drops as investors await details of Trump's policies Reuters

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President …

    A man walks past a currency exchange bureau advertisement showing an image of the U.S. dollar in Cairo

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President Donald Trump to offer details of his promised stimulus. "It seems to be driven by uncertainty right now, and Trump's inauguration …

  • GuocoLand's net profit up 58% to $67.6m in Q2 Singapore Business Review

    GuocoLand has posted an improvement in net profits for the quarter ending last December, up 58% to $67.6m from $42.8m a year ago. Other income increased by 19% to $24.8m mainly due to the fair value gain …

    GuocoLand's net profit up 58% to $67.6m in Q2

    GuocoLand has posted an improvement in net profits for the quarter ending last December, up 58% to $67.6m from $42.8m a year ago. Other income increased by 19% to $24.8m mainly due to the fair value gain on foreign exchange hedges in the current quarter. "In the previous corresponding quarter, there was a fair value loss …

  • Samsung Electronics says battery defects caused Note 7 fires Reuters

    By Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd on Monday said faulty batteries caused its flagship Galaxy Note 7 phones to catch fire and announced steps to avoid repeat incidents, as it …

    FILE PHOTO -  An exchanged Samsung Electronics' Galaxy Note 7 is seen at the company's headquarters in Seoul

    By Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd on Monday said faulty batteries caused its flagship Galaxy Note 7 phones to catch fire and announced steps to avoid repeat incidents, as it tries to restore trust and regain momentum in the smartphone business. The announcement came more than three months after …

  • Wealthy investors eyeing undervalued O&M stocks: report Singapore Business Review

    Investors in Hong Kong and Malaysia are looking to oversold offshore and marine names as the way to profit from the Singapore market, a report by CIMB revealed. way to play the Singapore market, as oil …

    Wealthy investors eyeing undervalued O&M stocks: report

    Investors in Hong Kong and Malaysia are looking to oversold offshore and marine names as the way to profit from the Singapore market, a report by CIMB revealed. way to play the Singapore market, as oil prices sustain at the current level," CIMB noted.