Bizview: Today's top business news

Singapore Exchange (SGX) is tabling a set of guidelines.
Singapore Exchange (SGX) is tabling a set of guidelines.ST PHOTO: LIM YAOHUI

SGX to seek feedback for sustainability report guidelines

Singapore Exchange (SGX) is tabling a set of guidelines that will ask listed companies here to conduct sustainability reporting - and to explain their failure to do so - starting from 2018. The "comply or explain" guidelines require companies to identify risks involving environmental, social and governance (ESG) factors in a framework selected by the firms.

SIAS issues guidance to minority shareholders after SIA increases offer
 
The Securities Investors Association Singapore (Sias) on Tuesday issued a guidance to minority shareholders of Tiger Airways, after Singapore Airlines (SIA) lifted its offer for the budget carrier on Monday (Jan 4).

Canada's Manulife looking to revive Singapore Reit IPO this year

Canada's Manulife Financial Corp is looking to revive a plan to list a real estate investment trust (Reit) in Singapore this year after an initial public offering (IPO) was shelved last year due to poor market conditions.

Two in five adults in Singapore not confident about retiring: Survey

Two in five Singapore residents are not confident about their retirement preparations, according to a report by DBS Bank and Manulife. The report, which focused on the retirement attitudes, expectations and preparedness of those between 40 and 60 years old, was released on Tuesday (Jan 5).

China said to intervene in stock market after S$840b rout

China moved to support its sinking stock market as state-controlled funds bought equities and the securities regulator signaled a selling ban on major investors will remain beyond this week's expiration date, according to people familiar with the matter.

Mary Barra named chairman of US auto giant GM in new first for a woman

General Motors chief executive Mary Barra was named chairman of the automaker on Monday (Jan 5), smashing yet another gender ceiling in the US auto industry. The GM board of directors unanimously elected Ms Barra to its helm, and she will remain CEO, the largest US automaker announced.