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Singapore's DBS to acquire Indonesian bank for $7.3 billion


Singapore's DBS Group Holdings on Monday announced plans to buy Indonesia's PT Bank Danamon for Sg$9.1 billion ($7.3 billion) to ramp up its business in Southeast Asia's biggest economy.

DBS will pay

Gold hits one-week high; dollar, oil eyed


Gold prices hit a one-week high on Monday before paring gains to trade near the previous closing price, with investors closely watching the oil and currency markets for trading cues.

Bullion prices p

Asian shares fall on global growth worries


Asian shares fell on Friday and growth-linked currencies such as the Australian dollar were shunned after data showing shrinking factory activity in China and the euro zone heightened concerns about a

Indian to be hanged in Singapore for murdering Filipina woman

A 36-year-old Indian man was on Wednesday sentenced to death by Singapore court for murdering his Filipina girlfriend in 2010.
Bijukumar Remadevi Nair Gopinathan was convicted of the murder of Rosely

Gold tracks oil higher, gains may be capped


Gold rose more than half a per cent on Monday after firm oil prices prompted safe haven buying from investors and speculators, while technical buying also resurfaced after bullion bounced from its wea

Kingfisher's Singapore flights may resume on March 25


Cash-strapped Kingfisher Airlines, which has disrupted its flights between India and Singapore over the past few weeks, may resume services to Mumbai later this month, according to media reports here.

India hopes rift will be reduced

With “differences” persisting with China over the boundary issue, India on Friday said the newly-introduced working mechanism between the two countries would help in “minimising” or “bridging” them.

Will visit pak this summer, says Krishna

Noting that India and Pakistan have made “major strides” in reducing their trust deficit, external affairs minister S.M. Krishna on Friday said he will visit Islamabad this summer.

SIA asks pilots to take unpaid leave amid slowdown


Singapore Airlines said on Friday it had asked its pilots to volunteer for unpaid leave for up to two years as it struggles with a slowdown in the aviation sector.

SIA's offer to pilots below the ra

WB president should not be restricted to Americans: Krishna


With the race for a new World Bank chief gathering steam, External Affairs Minister S.M. Krishna on Friday said its next president should be selected on the basis of merit and the choice shouldn't be

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.