Friday, Jan 06, 2017

TOP STORIES

UEL said to be assessing bevy of potential suitors

UNITED Engineers Ltd (UEL), one of Singapore's most venerable property companies, is...
PUBLISHED Jan 6, 2017 05:50 AM

Falcon's ex-S'pore branch manager in the dock over 16 charges

SWISS national Jens Sturzenegger was on Thursday slapped with 16 charges relating to the...
PUBLISHED Jan 6, 2017 05:50 AM

Changi Airport to work with firms, startups to improve operations

CHANGI Airport is reaching out to companies and startups to develop technology solutions...
PUBLISHED Jan 6, 2017 05:50 AM

S$ continues to rise on accelerated US$ profit-taking

THE Singapore dollar stayed on the rebound against the US dollar on Thursday in line...
PUBLISHED Jan 6, 2017 05:50 AM

GLP confirms preliminary talks on possible sale of the company

GLOBAL Logistic Properties Limited (GLP) confirmed on Thursday that it is in preliminary...
PUBLISHED Jan 6, 2017 05:50 AM

Govt urged to lead in fairer procurement

THE labour movement has issued a call for the government to take the lead in improving...
PUBLISHED Jan 6, 2017 05:50 AM
COMMENTARY

Golf facing dual threat of tenure uncertainty and falling interest

GOLFERS in Singapore can be forgiven for feeling that their sport is under siege. If...
PUBLISHED Jan 6, 2017 05:50 AM

Cat A, B COE premiums buck expectations

PASSENGER car certificate of entitlement (COE) premiums rose in the first bidding...
PUBLISHED Jan 6, 2017 05:50 AM

Surge in global debt creates growth, financing problems: IIF

GLOBAL debt has reached US$217 trillion, or a record 325 per cent of world gross domestic...
PUBLISHED Jan 6, 2017 05:50 AM

Dispute resolution gets boost from Red Dot building

TO strengthen Singapore's position as a legal hub in the region and to cater to the...
PUBLISHED Jan 6, 2017 05:50 AM

PAP announces full list of central executive committee members

THE People's Action Party (PAP) has unveiled the full list of members for its top...
PUBLISHED Jan 6, 2017 05:50 AM

STOCKS

STOCKS

STI rises for 3rd straight day

WHAT a difference a year makes - in the first three trading sessions of 2016, the Straits...
PUBLISHED Jan 6, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

GSS Energy's oil thrust: fool's errand or visionary's touch?

ROWING against the tide makes one either a fool or a visionary. And into which category...
PUBLISHED Jan 6, 2017 05:50 AM

Bad year for equities, but Bursa not quite washed out: analysts

THE slump in Malaysia's consumer demand is not just confined to goods and services...
PUBLISHED Jan 6, 2017 05:50 AM

SingPost shareholders greenlight share placement to Alibaba

SHAREHOLDERS of Singapore Post gave the nod to a S$187.1 million share placement to...
PUBLISHED Jan 6, 2017 05:50 AM

ABN Amro pension fund remains doubtful on hedge funds

HEDGE funds lack transparency and offer a "questionable" balance of risk and...
PUBLISHED Jan 6, 2017 05:50 AM

Tencent, Warburg lead US$215m funding round for China's Mobike

TENCENT Holdings Ltd and Warburg Pincus led a US$215 million round of funding for year-...
PUBLISHED Jan 6, 2017 05:50 AM

Oil and property stocks look interesting this year, says OCBC

SINGAPORE oil and property stocks are looking interesting in 2017, said Carmen Lee, head...
PUBLISHED Jan 6, 2017 05:50 AM

Ascott's plans for luxury London residence hit snag

CAPITALAND'S wholly owned serviced-residence arm The Ascott Limited has hit a snag...
PUBLISHED Jan 6, 2017 05:50 AM

Ex-ST Marine president pleads guilty, sentenced to 14 days' jail

THE former president of Singapore Technologies Marine Ltd (ST Marine), one of seven...
PUBLISHED Jan 6, 2017 05:50 AM

Corporate digest

IMPERIUM Crown, a Catalist-listed property investor, on Thursday said that five previous...
PUBLISHED Jan 6, 2017 05:50 AM
STOCKS

STI rises for 3rd straight day

WHAT a difference a year makes - in the first three trading sessions of 2016, the Straits...
PUBLISHED Jan 6, 2017 05:50 AM

Brokers' take

We expect Raffles Medical Group to benefit from Singapore's ageing population as...
PUBLISHED Jan 6, 2017 05:50 AM
CURRENCIES

Yuan's surge knocks greenback

SOME of the biggest gains on record for China's yuan sent currency markets spinning...
PUBLISHED Jan 6, 2017 05:50 AM

REAL ESTATE

Freehold industrial building near Tai Seng MRT sold for S$33.5m

AN EIGHT-STOREY freehold industrial building along Little Road near Tai Seng MRT Station...
PUBLISHED Jan 6, 2017 05:50 AM

Manhattan home prices fall as sellers concede to slowing market

MANHATTAN resale home prices tumbled by the most in more than four years, a sign that...
PUBLISHED Jan 6, 2017 05:50 AM

Vancouver home sales dive for 5th consecutive month in Dec

VANCOUVER-AREA home sales, hit by a tax on foreign buyers, fell for the fifth month in a...
PUBLISHED Jan 6, 2017 05:50 AM

HDB resale prices down 0.3% in Dec, 0.2% in 2016: SRX (Amended)

HDB RESALE prices slipped 0.3 per cent in December from a month ago, pulled down mainly...
PUBLISHED Jan 6, 2017 05:50 AM

Inherited homes to widen great British social divide as richest benefit the most

A GLUT of inherited wealth from a decades-long house-price boom is set to worsen...
PUBLISHED Jan 6, 2017 05:50 AM

Trump ditches US$250m tower plan in Black Sea town

DONALD Trump's company pulled out of a proposed US$250-million tower project in the...
PUBLISHED Jan 6, 2017 05:50 AM

US mortgage applications stabilise as loan rates slip

APPLICATIONS for US mortgages stabilised at the end of 2016 following a recent drop as...
PUBLISHED Jan 6, 2017 05:50 AM
EDITORIAL

Europe must move more aggressively to tackle its property bubbles

ONCE again, the spectre of property bubbles has reared its ugly head - this time in as...
PUBLISHED Jan 6, 2017 05:50 AM

BANKING & FINANCE

Bad year for equities, but Bursa not quite washed out: analysts

THE slump in Malaysia's consumer demand is not just confined to goods and services...
PUBLISHED Jan 6, 2017 05:50 AM
CURRENCIES

Yuan's surge knocks greenback

SOME of the biggest gains on record for China's yuan sent currency markets spinning...
PUBLISHED Jan 6, 2017 05:50 AM

Horse racing offers ample tips for this fund

WHEN top Hong Kong investor Alex Wong scours financial data looking for promising returns...
PUBLISHED Jan 6, 2017 05:50 AM

Spanish banks recover from crisis but toxic assets still remain

HIT by a severe crisis several years ago, Spain's banking sector has recovered but...
PUBLISHED Jan 6, 2017 05:50 AM

ENERGY & COMMODITIES

Barclays flags 'black swan threats' to commodities

WATCH out for the unexpected in commodities in 2017. Barclays Plc said raw materials...
PUBLISHED Jan 6, 2017 05:50 AM

China to invest 2.5t yuan in renewable fuel by 2020

CHINA will plough 2.5 trillion yuan (S$522 billion) into renewable power generation by...
PUBLISHED Jan 6, 2017 05:50 AM

Opec oil output slides in December

OPEC's (Organization of the Petroleum Exporting Countries) crude production fell by...
PUBLISHED Jan 6, 2017 05:50 AM

TECHNOLOGY

Canadian fintechs shine as investments near record

VENTURE capital-backed investment in Canadian financial technology companies hit its...
PUBLISHED Jan 6, 2017 05:50 AM

Apple to invest US$1b in SoftBank fund

APPLE Inc is planning to invest US$1 billion in SoftBank Group Corp's giant new...
PUBLISHED Jan 6, 2017 05:50 AM

CONSUMER

TVs grab spotlight at CES gadget show

LG Electronics showed off a "wallpaper" thin television as TV makers vied for...
PUBLISHED Jan 6, 2017 05:50 AM

Samsung's chip, screen sales may drive Q4 profit to 3-year high

SAMSUNG Electronics Co Ltd is likely to forecast its best quarterly profit in nearly...
PUBLISHED Jan 6, 2017 05:50 AM

Amazon, Forever 21 vying for bankrupt American Apparel

ONLINE retailer Amazon.com Inc and teen apparel store chain Forever 21 Inc are among the...
PUBLISHED Jan 6, 2017 05:50 AM

TRANSPORT

New York governor's next big project is rebuilding JFK Airport

GOVERNOR Andrew Cuomo of New York said on Wednesday that with a complete overhaul of La...
PUBLISHED Jan 6, 2017 05:50 AM

Detroit car show comes amid uncertain Trump future

THE automotive world descends on Detroit this weekend for the annual car show, which will...
PUBLISHED Jan 6, 2017 05:50 AM

Ford expands Alexa use, heating up car personal assistant battle

FORD Motor Co is expanding the use of Amazon.com Inc's Alexa personal assistant in...
PUBLISHED Jan 6, 2017 05:50 AM

US judge rules that VW, ex-CEO must face investor lawsuit in US

VOLKSWAGEN AG and former chief executive officer Martin Winterkorn must defend an...
PUBLISHED Jan 6, 2017 05:50 AM

GOVERNMENT & ECONOMY

Trump's new man in Japan is key political adviser

A BUSINESSMAN and close political confidante of US President-elect Donald Trump will...
PUBLISHED Jan 6, 2017 05:50 AM

China services sector activity hits 17-month high in December

GROWTH in China's services sector accelerated to a 17-month high in December, a...
PUBLISHED Jan 6, 2017 05:50 AM

Bears scramble for yuan as China chokes flows

CHINA'S efforts to choke capital outflows are beginning to pay off, with the...
PUBLISHED Jan 6, 2017 05:50 AM

May names tough negotiator as EU ambassador, prepares to outline Brexit plans

UK premier Theresa May has appointed a tough negotiator as the new European Union (EU)...
PUBLISHED Jan 6, 2017 05:50 AM

Obama defends legacy in letter to American people

US President Barack Obama acclaimed his outgoing administration's accomplishments on...
PUBLISHED Jan 6, 2017 05:50 AM

Washington's Iron Triangle to close in

ONCE in a while, our yoga instructor interjects a brain teaser into the class. It is his...
PUBLISHED Jan 6, 2017 05:50 AM
THE BOTTOM LINE

Trump's great guessing game

WE'RE all playing a guessing game. During the campaign, Donald Trump made many...
PUBLISHED Jan 6, 2017 05:50 AM

Climate action must be part of national plans

CLIMATE-RELATED disasters are on an alarming trajectory. Great floods in China, India and...
PUBLISHED Jan 6, 2017 05:50 AM
COMMENTARY

Pence shaping up as powerful VP in Trump team

CHINA hawk Robert Lighthizer was tapped on Tuesday as US trade representative as Donald...
PUBLISHED Jan 6, 2017 05:50 AM

Dutch, Germans and French will lead Europe in a crisis

WESTERN society is shifting. Seismic changes, from Britain's vote to leave the...
PUBLISHED Jan 6, 2017 05:50 AM

DINING OUT

Chef Oldani's subtle spin on flavours

We can imagine annoying a few people with word games after a visit to FOO'D by...
PUBLISHED Jan 6, 2017 05:50 AM

OPINION

EDITORIAL

Europe must move more aggressively to tackle its property bubbles

ONCE again, the spectre of property bubbles has reared its ugly head - this time in as...
PUBLISHED Jan 6, 2017 05:50 AM

Washington's Iron Triangle to close in

ONCE in a while, our yoga instructor interjects a brain teaser into the class. It is his...
PUBLISHED Jan 6, 2017 05:50 AM
THE BOTTOM LINE

Trump's great guessing game

WE'RE all playing a guessing game. During the campaign, Donald Trump made many...
PUBLISHED Jan 6, 2017 05:50 AM

Climate action must be part of national plans

CLIMATE-RELATED disasters are on an alarming trajectory. Great floods in China, India and...
PUBLISHED Jan 6, 2017 05:50 AM
COMMENTARY

Pence shaping up as powerful VP in Trump team

CHINA hawk Robert Lighthizer was tapped on Tuesday as US trade representative as Donald...
PUBLISHED Jan 6, 2017 05:50 AM

Dutch, Germans and French will lead Europe in a crisis

WESTERN society is shifting. Seismic changes, from Britain's vote to leave the...
PUBLISHED Jan 6, 2017 05:50 AM

Lifestyle

Chef Oldani's subtle spin on flavours

We can imagine annoying a few people with word games after a visit to FOO'D by...
PUBLISHED Jan 6, 2017 05:50 AM

Bold ways wine will change in 2017

CARE for a "corta" bottle of Rosso di Napa?...
PUBLISHED Jan 6, 2017 05:50 AM
SINGAPORE ART WEEK

Experience classic films off-screen

SOMETIMES, human beings are not the only actors in a film; locations can play a role too.
PUBLISHED Jan 6, 2017 05:50 AM

Wartime romance with an implausible plot

YOU'LL know Oscar season is in the air when blockbuster actors suddenly take on...
PUBLISHED Jan 6, 2017 05:50 AM

Over-bizarre sci-fi series that is too hard to follow

THERE was a time when movies, television shows and music albums were all driven by hype...
PUBLISHED Jan 6, 2017 05:50 AM

12 Days of art frenzy

MYTH or fact?: Singapore art collectors have enough disposable income to purchase works...
PUBLISHED Jan 6, 2017 05:50 AM

Spotlight on collectors

ASKED what makes a great collector, curator Enin Supriyanto replies: "I would...
PUBLISHED Jan 6, 2017 05:50 AM

In the mood for connection

THERE is nothing and nowhere unphotographed in this world, declares Song Tao, one half of...
PUBLISHED Jan 6, 2017 05:50 AM
ART APART FAIR

Small projection that's big on content

HAVING a chef cook up a meal on the spot, by your table, is not new. The novelty is when...
PUBLISHED Jan 6, 2017 05:50 AM
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