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United Kingdom

Aradhana Aravindan

Singapore seizes water plant from Hyflux after launching accounts probe

17 Apr 2019

SINGAPORE Singapore moved to take control of debt-laden Hyflux's key water treatment plant on Wednesday, a day after authorities said they were reviewing the company's disclosures to see if it has breached any laws.

UPDATE 4-Singapore seizes water plant from Hyflux after launching accounts probe

17 Apr 2019

SINGAPORE, April 17 Singapore moved to take control of debt-laden Hyflux's key water treatment plant on Wednesday, a day after authorities said they were reviewing the company's disclosures to see if it has breached any laws.

Singapore central bank stands pat on monetary policy as growth slows

12 Apr 2019

SINGAPORE Singapore's central bank on Friday kept its monetary settings unchanged after two consecutive rounds of tightening, underscoring policymakers' concerns about a cooling economy and rising risks to the outlook from slackening global demand.

SoftBank-backed Grab seeks another $2 billion funding in expansion drive

08 Apr 2019

SINGAPORE Grab is looking to raise another $2 billion (1.53 billion pounds) this year to ramp up expansion, its CEO Anthony Tan told Reuters, only weeks after announcing more than $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.

Singapore central bank to end tightening run as economy sags: Reuters poll

29 Mar 2019

SINGAPORE Singapore's central bank is likely to keep its monetary policy stance on hold in the first of its semi-annual meetings due next month, a Reuters poll of economists found, as inflation eases and the growth outlook for the export-reliant economy dims.

Singapore, Australia, China, Indonesia ground Boeing's 737 MAX 8 as concerns mount

13 Mar 2019

SINGAPORE Singapore and Australia suspended operations of all Boeing 737 MAX aircraft in and out of their airports on Tuesday, and Indonesia and China grounded their fleets of the U.S. planemaker' s latest model after it suffered a second fatal crash in less than five months.

Singtel injects $525 million in Airtel as competition mounts in India

07 Mar 2019

SINGAPORE/BANGALORE Singapore Telecommunications Ltd (Singtel) said it will buy roughly $525 million worth Bharti Airtel stock as part of the Indian telecoms operator's plan to raise $4.6 billion through shares and bonds.

UPDATE 2-Singtel injects $525 mln in telco Airtel as competition mounts in India

07 Mar 2019

* Singtel's effective interest in Airtel 35.2 pct after offering (Adds analyst comments, background)

Exclusive: Grab eyes more funding after record $4.5 billion round in Southeast Asia

06 Mar 2019

SINGAPORE Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's Vision Fund. The Singapore-based firm continues to see strong interest from global investors after securing nearly $1.5 billion from the Vision Fund in a year-long round, Ming Maa told Reuters.

Exclusive: Grab considers raising more funds after $4.5 billion financing round

06 Mar 2019

SINGAPORE Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's Vision Fund.

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