TOP STORIES

BT EXCLUSIVE

Property agents roped in to fight money laundering, terror funding

THE Council for Estate Agencies (CEA) has set out checklists to better guide real estate...
PUBLISHED Dec 15, 2017 05:50 AM

Fed rate hike dents USD; regional stocks hit by surprise BOC rate moves

REGIONAL markets declined and the US dollar weakened after the US Federal Reserve made a...
PUBLISHED Dec 15, 2017 05:50 AM

Make Christmas personal and buy for good, in BTWeekend

CHRISTMAS is just around the corner and homeowners are getting into the spirit as they...
PUBLISHED Dec 15, 2017 05:50 AM
CENTRAL BANKS' MOVES

ECB ups growth forecasts but keeps easy money pledge

THE European Central Bank raised growth and inflation forecasts for the euro area on...
PUBLISHED Dec 15, 2017 05:50 AM
CENTRAL BANKS’ MOVES

China raises market rates to fend off financial risks; growth moderates

CHINA'S central bank on Thursday nudged up money market rates as authorities sought...
PUBLISHED Dec 15, 2017 05:50 AM
CENTRAL BANKS’ MOVES

A fitting farewell for Janet Yellen

JANET Yellen's farewell was a fitting one for the central banker - a modest rate...
PUBLISHED Dec 15, 2017 05:50 AM

MPA pumps S$12 million more to promote S'pore's LNG bunkering

THE Maritime and Port Authority of Singapore (MPA) has injected another S$12 million to...
PUBLISHED Dec 15, 2017 05:50 AM

Extra S$8b worth of liquidity tied up due to poor working capital performance: study

WORKING capital performance in half of Singapore's business sectors has deteriorated...
PUBLISHED Dec 15, 2017 05:50 AM

Singapore wins race to house Neste's new renewable diesel plant

ENERGY giant Neste has settled on Singapore as home for its next large-scale renewable...
PUBLISHED Dec 15, 2017 05:50 AM

China November output slows as skies clear

CHINA'S industrial output slowed last month as the government continued its war on...
PUBLISHED Dec 15, 2017 05:50 AM

STOCKS

STOCKS

STI down 1% on China central bank hike

REGIONAL markets were singing the same funereal tune - a reaction evoked largely by a...
PUBLISHED Dec 15, 2017 05:50 AM
CURRENCIES

Euro steadies at 1-week high as ECB stands pat

"The ECB took some quite big steps a few weeks ago and nothing new was expected...
PUBLISHED Dec 15, 2017 05:50 AM

COMPANIES & MARKETS

SIA receives first of five new retrofitted A380s

SINGAPORE Airlines (SIA) first new Airbus A380 - which has been reconfigured in the...
PUBLISHED Dec 15, 2017 05:50 AM

United Engineers offers to buy up rest of WBL

UNITED Engineers (UE) has made a pre-conditional voluntary unconditional cash offer for...
PUBLISHED Dec 15, 2017 05:50 AM
HOCK LOCK SIEW

ComfortDelGro-Uber tie-up suggests more consolidation

LAST week, taxi giant ComfortDelGro confirmed its highly-speculated alliance with San...
PUBLISHED Dec 15, 2017 05:50 AM

Singtel's Optus acquires spectrum in Australia

SINGAPORE Telecommunication's Australian unit Optus has acquired a variety of new...
PUBLISHED Dec 15, 2017 05:50 AM

Oxley buys Chevron House, Vista Park, stake in Vietnam project in deals totalling over S$1b

OXLEY Holdings, headed by Ching Chiat Kwong, continues its property buying spree. In a...
PUBLISHED Dec 15, 2017 05:50 AM

Marco Polo wins support for new share issuance

MARCO Polo Marine won a majority vote at an extraordinary general meeting (EGM) on...
PUBLISHED Dec 15, 2017 05:50 AM

FCL, FCOT buy UK business park for £174.6m

FRASERS Centrepoint Limited (FCL) and the manager of Frasers Commercial Trust (FCOT) on...
PUBLISHED Dec 15, 2017 05:50 AM

MiFID II will not affect SGX stocks dual-listed in Europe: MAS

EUROPEAN investors in Singapore-listed stocks that are dual-listed in Europe can continue...
PUBLISHED Dec 15, 2017 05:50 AM

Corporate digest

PROPERTY developer Goodland Group has, through a wholly- owned subsidiary, subscribed for...
PUBLISHED Dec 15, 2017 05:50 AM

ESR-Reit acquires property in Ang Mo Kio

ESR-Reit (Real Estate Investment Trust) has acquired an 80 per cent interest in a special...
PUBLISHED Dec 15, 2017 05:50 AM

CEReit's stabilising manager behind a third of volume since IPO

THE stabilising manager for Cromwell European Reit (CEReit) has bought 27.89 million...
PUBLISHED Dec 15, 2017 05:50 AM
STOCKS

STI down 1% on China central bank hike

REGIONAL markets were singing the same funereal tune - a reaction evoked largely by a...
PUBLISHED Dec 15, 2017 05:50 AM

Brokers' take

We did ground checks across nine en-bloc projects to determine the underlying strength of...
PUBLISHED Dec 15, 2017 05:50 AM
CURRENCIES

Euro steadies at 1-week high as ECB stands pat

"The ECB took some quite big steps a few weeks ago and nothing new was expected...
PUBLISHED Dec 15, 2017 05:50 AM

REAL ESTATE

United Engineers offers to buy up rest of WBL

UNITED Engineers (UE) has made a pre-conditional voluntary unconditional cash offer for...
PUBLISHED Dec 15, 2017 05:50 AM

Oxley buys Chevron House, Vista Park, stake in Vietnam project in deals totalling over S$1b

OXLEY Holdings, headed by Ching Chiat Kwong, continues its property buying spree. In a...
PUBLISHED Dec 15, 2017 05:50 AM

FCL, FCOT buy UK business park for £174.6m

FRASERS Centrepoint Limited (FCL) and the manager of Frasers Commercial Trust (FCOT) on...
PUBLISHED Dec 15, 2017 05:50 AM

ESR-Reit acquires property in Ang Mo Kio

ESR-Reit (Real Estate Investment Trust) has acquired an 80 per cent interest in a special...
PUBLISHED Dec 15, 2017 05:50 AM

CEReit's stabilising manager behind a third of volume since IPO

THE stabilising manager for Cromwell European Reit (CEReit) has bought 27.89 million...
PUBLISHED Dec 15, 2017 05:50 AM

Co-working space startup WeWork calls Funan home

THE manager of CapitaLand Mall Trust, CapitaLand Mall Trust Management Limited, announced...
PUBLISHED Dec 15, 2017 05:50 AM

17,000 BTO flats to be launched in 2018, keeping supply steady

AROUND 17,000 Build-to-Order (BTO) flats will be launched in 2018, maintaining a level of...
PUBLISHED Dec 15, 2017 05:50 AM

Housing slump gathers pace in Sweden with buyers losing faith

SWEDEN'S housing slump deepened last month as the market struggles to absorb a...
PUBLISHED Dec 15, 2017 05:50 AM

China's new home sales in Nov rebound

CHINA'S new home sales rebounded in November, climbing the most in five months...
PUBLISHED Dec 15, 2017 05:50 AM

OUE H-Reit obtains S$980m facilities to partially refinance debt

THE real estate investment trust (Reit) portion of the stapled OUE Hospitality Trust (OUE...
PUBLISHED Dec 15, 2017 05:50 AM

Tax overhaul could be big win for US real estate investors

US commercial real estate is a likely winner in the evolving Republican tax overhaul,...
PUBLISHED Dec 15, 2017 05:50 AM

UK housing market stagnates as London price drop continues

THE UK housing market is stuck in a rut.
PUBLISHED Dec 15, 2017 05:50 AM

BANKING & FINANCE

US dollar suffers fresh losses as Fed fails to inspire

THE dollar suffered fresh losses on Thursday as Asian investors followed their New York...
PUBLISHED Dec 15, 2017 05:50 AM

Temasek unit, Canadia to launch digital wallet and payment platform in Cambodia

TEMASEK-OWNED Fullerton Financial Holdings has teamed up with Canadia Investment Holding...
PUBLISHED Dec 15, 2017 05:50 AM

Veteran German banker to become head of UBS wealth management

VETERAN German banker Martin Blessing will replace Juerg Zeltner as the head of UBS'...
PUBLISHED Dec 15, 2017 05:50 AM

ENERGY & COMMODITIES

Investors pour cash into US shale despite questions on returns

FINANCIERS keep pouring cash into the shale oil sector, providing producers with a path...
PUBLISHED Dec 15, 2017 05:50 AM

S Korea plans shift to renewables, but coal, nuclear to remain strong

SOUTH Korea aims to expand the share of renewables and also natural gas in its fuel mix...
PUBLISHED Dec 15, 2017 05:50 AM

China steel prices sag further, but low stockpiles cap losses

CHINA'S rebar steel futures dropped for a second straight session on Thursday as...
PUBLISHED Dec 15, 2017 05:50 AM

BP's plan to buy Australian petrol pump network blocked

ENERGY giant BP's plan to buy a network of Australian petrol stations from...
PUBLISHED Dec 15, 2017 05:50 AM

TECHNOLOGY

IBM taps banks, tech firms in quantum computer push

INTERNATIONAL Business Machines Corp (IBM) has signed up several prominent banks as well...
PUBLISHED Dec 15, 2017 05:50 AM

Rakuten wants to become Japan's 4th wireless carrier

JAPANESE e-commerce firm Rakuten said it would apply for a 4G mobile licence, aiming to...
PUBLISHED Dec 15, 2017 05:50 AM

Bought apple stock in 1980? Held it? Don't gloat

THIRTY-SEVEN years ago on Tuesday, Apple Inc went public, raising a little over US$100...
PUBLISHED Dec 15, 2017 05:50 AM

Netflix is less noisy defender of net neutrality as vote arrives

NETFLIX INC, a champion for net neutrality regulations three years ago during Washington...
PUBLISHED Dec 15, 2017 05:50 AM

CONSUMER

Bumper crop of new drugs fails to lift big pharma R&D returns

SO FAR this year, the US Food and Drug Administration, gatekeeper to the world's...
PUBLISHED Dec 15, 2017 05:50 AM

Target to buy Shipt for US$550m as it steps up challenge to Amazon

TARGET agreed to purchase grocery-delivery startup Shipt for US$550 million, stepping up...
PUBLISHED Dec 15, 2017 05:50 AM

Vivienne Tam scales style peaks with China Chic

SOME of us are fortunate to find a calling in life early on; and for Vivienne Tam, it was...
PUBLISHED Dec 15, 2017 05:50 AM

Delta said to favour Airbus over Boeing for order of 100 jets

DELTA Air Lines Inc is leaning towards Airbus SE over Boeing Co for an order of about 100...
PUBLISHED Dec 15, 2017 05:50 AM

TRANSPORT

SIA receives first of five new retrofitted A380s

SINGAPORE Airlines (SIA) first new Airbus A380 - which has been reconfigured in the...
PUBLISHED Dec 15, 2017 05:50 AM

Marco Polo wins support for new share issuance

MARCO Polo Marine won a majority vote at an extraordinary general meeting (EGM) on...
PUBLISHED Dec 15, 2017 05:50 AM

Short seller Jim Chanos says Tesla headed for 'brick wall'

TESLA Inc, a perennial target of short sellers, "is headed for a brick wall",...
PUBLISHED Dec 15, 2017 05:50 AM

European car sales rise as economy helps car makers Peugeot, Toyota

EUROPEAN car sales jumped 5.8 per cent last month as new SUVs from French carmakers...
PUBLISHED Dec 15, 2017 05:50 AM

Delta said to favour Airbus over Boeing for order of 100 jets

DELTA Air Lines Inc is leaning towards Airbus SE over Boeing Co for an order of about 100...
PUBLISHED Dec 15, 2017 05:50 AM

Airbus board to meet in pivotal review of CEO, bribe charges

AIRBUS SE will hold a board meeting on Thursday that could prove pivotal in determining...
PUBLISHED Dec 15, 2017 05:50 AM

GOVERNMENT & ECONOMY

LATEST US DATA

November retail sales surpass expectations

US retail sales increased more than expected in November as the holiday shopping season...
PUBLISHED Dec 15, 2017 05:50 AM

Eurozone revival exceeds expectations, but chronic structural, cyclical issues remain

THE eurozone economy has exceeded the gloomy consensus forecasts that were prevalent 12...
PUBLISHED Dec 15, 2017 05:50 AM

Japan's ruling bloc approves corporate tax cut to encourage wage hikes

JAPAN'S ruling bloc approved a plan on Thursday to slash the corporate tax rate to...
PUBLISHED Dec 15, 2017 05:50 AM

May heads to EU summit after Brexit defeat by her own party

UK Prime Minister Theresa May is headed to a European summit that was set to approve the...
PUBLISHED Dec 15, 2017 05:50 AM

Challenges ahead after Democrats' surprise win in Alabama

WHETHER the Republican or the Democratic candidate triumphed in the special Senate...
PUBLISHED Dec 15, 2017 05:50 AM

DINING OUT

New twist to old favourites

IF you've ever had to renovate your home on a budget, you'll know the pain of...
PUBLISHED Dec 15, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

ComfortDelGro-Uber tie-up suggests more consolidation

LAST week, taxi giant ComfortDelGro confirmed its highly-speculated alliance with San...
PUBLISHED Dec 15, 2017 05:50 AM

Challenges ahead after Democrats' surprise win in Alabama

WHETHER the Republican or the Democratic candidate triumphed in the special Senate...
PUBLISHED Dec 15, 2017 05:50 AM
THE BOTTOM LINE

Climate change and sustainability disclosure is important

COMPANIES are currently facing disruption from technological innovation but there is...
PUBLISHED Dec 15, 2017 05:50 AM
EDITORIAL

Bitcoin investors should be cautious, even if it is heading mainstream

OVER the past two decades, there have been attempts to create encrypted alternative...
PUBLISHED Dec 15, 2017 05:50 AM

Transforming industries through innovation

THE world is transforming as we speak. The exponential advancement in technology - some...
PUBLISHED Dec 15, 2017 05:50 AM

Insurance key in the growth of an on-demand economy

The customer is king may be an age-old business mantra, but it has never been truer than...
PUBLISHED Dec 15, 2017 05:50 AM

Facing the challenges of ethics and trust in an AI-driven world

IN recent years, a new challenge has come into play in the battle against corruption and...
PUBLISHED Dec 15, 2017 05:50 AM

Lifestyle

New twist to old favourites

IF you've ever had to renovate your home on a budget, you'll know the pain of...
PUBLISHED Dec 15, 2017 05:50 AM

Showcasing the bounty of Japan's Ishikawa

ISHIKAWA - well known for its hot springs, rugged landscapes and of course, pristine...
PUBLISHED Dec 15, 2017 05:50 AM

Going back to one's roots

IT's time to go back to basics. An evening of Bordeaux classics proved to be a most...
PUBLISHED Dec 15, 2017 05:50 AM

At Screen Actors Guild Awards, it will be women first

ASK the producers and hosts of coming movie awards shows how or if they'll be...
PUBLISHED Dec 15, 2017 05:50 AM

The Force is strong with The Last Jedi

WHEN Star Wars diehards attended the red carpet premiere of The Last Jedi last weekend in...
PUBLISHED Dec 15, 2017 05:50 AM

Bon Jovi leads 2018 Rock & Roll Hall of Fame inductees

CAN one million Bon Jovi fans possibly be wrong?
PUBLISHED Dec 15, 2017 05:50 AM
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