Tuesday, Feb 14, 2017

TOP STORIES

MAS to boost financing options for Asia's growth companies

THE Monetary Authority of Singapore (MAS) will roll out a host of initiatives over the...
PUBLISHED Feb 14, 2017 05:50 AM

Singapore remains a top FDI destination globally

THE Economic Development Board reported just over a week ago that foreign investment...
PUBLISHED Feb 14, 2017 05:50 AM

A*Star to undergo major restructuring

A*STAR - the lead public sector agency that spearheads Singapore's research and...
PUBLISHED Feb 14, 2017 05:50 AM

UK tech firm Dyson opens R&D centre in Singapore

BRITISH technology company Dyson opened its new research and development centre in...
PUBLISHED Feb 14, 2017 05:50 AM

Apec still a distance away from goal of free, open trade: Hng Kiang

ASIA-PACIFIC Economic Cooperation (Apec) is still a distance away from achieving its goal...
PUBLISHED Feb 14, 2017 05:50 AM

Most prefer Founders' Memorial to be built at Gardens by the Bay

THE vast majority of Singaporeans who took part in a second round of consultations for...
PUBLISHED Feb 14, 2017 05:50 AM

NTU and CleanTech Park to serve as urban mobility testbed

HOPPING onto an e-bike or driverless vehicle could be the new way to travel around...
PUBLISHED Feb 14, 2017 05:50 AM

Alibaba-backed S'pore firm has key to new mobile security lock

AN Alibaba-backed mobile security start-up from Singapore will soon introduce, with a...
PUBLISHED Feb 14, 2017 05:50 AM

CH2M Hill to be design consultant for Tuas water plant

NATIONAL water agency PUB has appointed US-based environmental engineering company CH2M...
PUBLISHED Feb 14, 2017 05:50 AM

Local start-up launches vending machines that can dispense race packs

FOR the first time, race participants may collect their race packs from a vending machine...
PUBLISHED Feb 14, 2017 05:50 AM

FotoGraft evolves to stay in race

FOTOGRAFT is the latest result of technology expanding into yet another aspect of a race.
PUBLISHED Feb 14, 2017 05:50 AM

Technology a way to mitigate manpower shortage in healthcare

HEALTHCARE is a key concern for the government, given Singapore's ageing population...
PUBLISHED Feb 14, 2017 05:50 AM

Japan GDP stays on growth path in Q4

JAPAN'S economy expanded for a fourth consecutive quarter in the final three months...
PUBLISHED Feb 14, 2017 05:50 AM

Focus on Yellen while reflation trade hinges on CPI report

WHAT'S sandwiched between Janet Yellen's congressional testimony may prove to...
PUBLISHED Feb 14, 2017 05:50 AM

STOCKS

HOT STOCKS

Analysts embrace SingPost's e-commerce goals despite impairment risk

ONLY last month, a Deutsche Bank research report on Singapore Post with the sweetest word...
PUBLISHED Feb 14, 2017 05:50 AM
STOCKS

Feel-good factor sends STI up 11 points

THE colour green swooshed across all major Asian stock markets on Monday buoyed by a...
PUBLISHED Feb 14, 2017 05:50 AM
CURRENCIES

US$ hits 2-week high against yen

THE dollar hit a two-week high against the yen with another round of solid gains on...
PUBLISHED Feb 14, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Could SingX be a global payments disruptor?

FINTECH start-up SingX has launched an online remittance platform backed by former...
PUBLISHED Feb 14, 2017 05:50 AM

Great Eastern's profits hit by steeper medical claims, new business strain

STEEPER medical claims and greater new business strain resulting from higher new sales...
PUBLISHED Feb 14, 2017 05:50 AM

Corporate digest

CONSTRUCTION firm Ley Choon Group posted a net profit of S$8.76 million for the third...
PUBLISHED Feb 14, 2017 05:50 AM

China's Sinochem in early talks to buy stake in Noble: sources

CHINA'S state-owned Sinochem is in early talks with Noble Group to buy an equity...
PUBLISHED Feb 14, 2017 05:50 AM

Vallianz faces pressure on gross profit margin

VALLIANZ Holdings posted a 13.2 per cent increase to US$4.66 million in fourth-quarter...
PUBLISHED Feb 14, 2017 05:50 AM

Accordia Golf Trust Q3 DPU down 3.2%

ACCORDIA Golf Trust's distribution per unit (DPU) fell 3.2 per cent to 2.09...
PUBLISHED Feb 14, 2017 05:50 AM
HOT STOCKS

Analysts embrace SingPost's e-commerce goals despite impairment risk

ONLY last month, a Deutsche Bank research report on Singapore Post with the sweetest word...
PUBLISHED Feb 14, 2017 05:50 AM

HPH Trust dives on dismal outlook, ratings downgrades

UNITS of Hutchison Port Holdings Trust (HPH Trust) dived on Monday, after sentiment for...
PUBLISHED Feb 14, 2017 05:50 AM

PCRD up 15% on news of associate's stake sale

PACIFIC Century Regional Developments (PCRD) shares went up 14.7 per cent, or five cents...
PUBLISHED Feb 14, 2017 05:50 AM

Manulife US Reit's Q4 DPU 3.6% above forecast (Amended)

MAINBOARD-LISTED Manulife US Reit will distribute 1.54 US cents per unit for the fourth...
PUBLISHED Feb 14, 2017 05:50 AM

ST Telemedia adds to its data centre portfolio

ST Telemedia's wholly owned subsidiary, ST Telemedia Global Data Centres, (STT GDC...
PUBLISHED Feb 14, 2017 05:50 AM

Metro Q3 net hit by lower contributions from associates

PROPERTY and retail group Metro Holdings' Q3FY17 bottom line was hit by lower...
PUBLISHED Feb 14, 2017 05:50 AM
STOCKS

Feel-good factor sends STI up 11 points

THE colour green swooshed across all major Asian stock markets on Monday buoyed by a...
PUBLISHED Feb 14, 2017 05:50 AM

Brokers' take

We continue to like Yoma Strategic Holdings on the back of an improved operating outlook...
PUBLISHED Feb 14, 2017 05:50 AM
CURRENCIES

US$ hits 2-week high against yen

THE dollar hit a two-week high against the yen with another round of solid gains on...
PUBLISHED Feb 14, 2017 05:50 AM

REAL ESTATE

The Prospex back on the market, with lower price tag

THE Prospex, a nine-storey retail and office building next to Bugis+, is back on the...
PUBLISHED Feb 14, 2017 05:50 AM

Committee to review wages, training in lift industry

THE Building and Construction Authority (BCA) on Monday announced that a new committee...
PUBLISHED Feb 14, 2017 05:50 AM

China's developers to invest more in land this year

CHINESE real estate developers surveyed by Reuters mostly plan to increase their land...
PUBLISHED Feb 14, 2017 05:50 AM

UK house prices hit record as shortage worsens

THE average price of a UK home hit a new record in January, continuing an upward trend...
PUBLISHED Feb 14, 2017 05:50 AM

Investors shrug off mortgage rivalry in Hong Kong

THE mortgage war in Hong Kong, the world's most unaffordable housing market, is...
PUBLISHED Feb 14, 2017 05:50 AM

BANKING & FINANCE

PUBLISHED Feb 14, 2017 05:50 AM

RBS said to plan US$1b cost cuts by trimming jobs, closing branches

ROYAL Bank of Scotland Group Plc is preparing to cut more than £1 billion (S$1.78 billion...
PUBLISHED Feb 14, 2017 05:50 AM

Tycoon eyes StanChart's Indonesia bank stake in march to top

INDONESIAN business tycoon Tahir is keen to gain control of PT Bank Permata, a larger...
PUBLISHED Feb 14, 2017 05:50 AM

Population trends a fillip for Japan's boutique advisers on micro-M&A

BOUTIQUE advisers specialising in micro-M&A (merger and acquisition) for mostly...
PUBLISHED Feb 14, 2017 05:50 AM

ENERGY & COMMODITIES

Toshiba's nuclear reactor mess leads back to a Louisiana swamp

IF you want to understand why Toshiba Corp is about to report a multibillion-dollar write...
PUBLISHED Feb 14, 2017 05:50 AM

Beijing eyeing radical steps against metals, coal in war on smog

CHINA is considering forcing steel and aluminium producers to cut more output, banning...
PUBLISHED Feb 14, 2017 05:50 AM

Carter makes a stand for solar with power project in his hometown

THE solar panels - 3,852 of them - shimmered above 10 acres (4 hectares) of Jimmy Carter...
PUBLISHED Feb 14, 2017 05:50 AM

TECHNOLOGY

China tech tycoons' healthcare dreams dashed by reality

IN 2014, billionaire Jack Ma, founder of online retail giant Alibaba Group Holding Ltd,...
PUBLISHED Feb 14, 2017 05:50 AM

Aussie banks narrow focus of Apple Pay dispute to tech access

A CONSORTIUM of Australia's biggest banks has abandoned its attempt to negotiate as...
PUBLISHED Feb 14, 2017 05:50 AM

Samsung scion summoned again by prosecutors over corruption scandal

PROSECUTORS summoned the scion of South Korean giant Samsung again on Monday in...
PUBLISHED Feb 14, 2017 05:50 AM

CONSUMER

Valentine's chocolate gets cheaper as global cocoa supply swells

BUYING your sweetheart a box of Valentine's Day chocolates could be cheaper this...
PUBLISHED Feb 14, 2017 05:50 AM

Billionaire Christo Wiese faces hurdles in attempt to combine assets

CHRISTO Wiese, South Africa's fourth-richest person with a fortune of about US$5.7...
PUBLISHED Feb 14, 2017 05:50 AM

Amazon reimagines retail with quirky experiments on Seattle Streets

ON A busy stretch of road in this city's Ballard neighbourhood, a curious new...
PUBLISHED Feb 14, 2017 05:50 AM

TRANSPORT

Vallianz faces pressure on gross profit margin

VALLIANZ Holdings posted a 13.2 per cent increase to US$4.66 million in fourth-quarter...
PUBLISHED Feb 14, 2017 05:50 AM

Despite diesel scandal, new models coming to US

DESPITE uproar created by the diesel emissions cheating scandal at Volkswagen, Ford and...
PUBLISHED Feb 14, 2017 05:50 AM

Renault CEO: France sale would allow Nissan stake shift

A LOPSIDED alliance between Renault SA and Nissan Motor Co could be revised once France...
PUBLISHED Feb 14, 2017 05:50 AM

New York subway's slide in service leaves commuters fuming

SUBWAY riders in New York City have become increasingly angry about the quality of...
PUBLISHED Feb 14, 2017 05:50 AM

CEOs of major carmakers urge Trump to order review of 2025 fuel rules

THE chief executives of 18 major carmakers and their US units have urged President Donald...
PUBLISHED Feb 14, 2017 05:50 AM

Singapore cargo volume and bunker sales up for January

THE Port of Singapore kicked off a new year with increases across key cargo volumes and...
PUBLISHED Feb 14, 2017 05:50 AM

GOVERNMENT & ECONOMY

Committee to review wages, training in lift industry

THE Building and Construction Authority (BCA) on Monday announced that a new committee...
PUBLISHED Feb 14, 2017 05:50 AM

Singapore cargo volume and bunker sales up for January

THE Port of Singapore kicked off a new year with increases across key cargo volumes and...
PUBLISHED Feb 14, 2017 05:50 AM

Trump, Brexit elevating economic risks for euro area: European Commission

BREXIT and the election of Donald Trump are heightening economic risks for the euro area...
PUBLISHED Feb 14, 2017 05:50 AM

Germany Inc zones in on risks threatening economy's fortitude

GERMANY's economy is running at full speed, yet some of its biggest companies are...
PUBLISHED Feb 14, 2017 05:50 AM

Beijing calls for restraint on Pyongyang as UN prepares to meet

CHINA'S foreign ministry opposed North Korea's ballistic missile test and...
PUBLISHED Feb 14, 2017 05:50 AM

Australia's ruling coalition divided by vote deal with One Nation

A STATE premier's desperate move to win re-election by striking an electoral deal...
PUBLISHED Feb 14, 2017 05:50 AM

Need for Plan B after Swiss voters shoot down corporate tax reform plan

THE Swiss government must come up with a new plan and figure out how to limit economic...
PUBLISHED Feb 14, 2017 05:50 AM

Oops, wrong Trump

A DOMINICAN newspaper apologised on Sunday for publishing a photo of actor Alec Baldwin...
PUBLISHED Feb 14, 2017 05:50 AM

White House 'considering and pursuing all options' on new immigration measures

US President Donald Trump was expected to unveil new measures on immigration in the name...
PUBLISHED Feb 14, 2017 05:50 AM

Asia's potential trade hot spots escaping Trump's glare for now

INDIA, Indonesia, Malaysia and Vietnam have largely escaped US President Donald Trump...
PUBLISHED Feb 14, 2017 05:50 AM

US Senate expected to confirm Mnuchin as Treasury secretary

THE US Senate is expected to confirm former Goldman Sachs banker and Hollywood financier...
PUBLISHED Feb 14, 2017 05:50 AM

Trump said to tap David Malpass for international Treasury post

PRESIDENT Donald Trump plans to nominate David Malpass, a former Bear Stearns economist,...
PUBLISHED Feb 14, 2017 05:50 AM

Treasury power vacuum leaves US open to policy mix-ups

A LEADERSHIP vacuum at the Treasury Department is beginning to weigh on key areas of...
PUBLISHED Feb 14, 2017 05:50 AM

Canada firms nervous as Trudeau, Trump shake hands

CANADA and the US have knitted together one of the world's most integrated economies...
PUBLISHED Feb 14, 2017 05:50 AM

Tensions and chaos rattle US National Security Council

THESE are chaotic and anxious days inside the National Security Council, the traditional...
PUBLISHED Feb 14, 2017 05:50 AM

CFE report could have included long-term macroeconomic issues

THE report by the Committee on the Future Economy (CFE) is a comprehensive document that...
PUBLISHED Feb 14, 2017 05:50 AM

LIFE & CULTURE

Adele wins big at Grammys with five awards

ADELE triumphed once again at the Grammys with five awards for her latest blockbuster...
PUBLISHED Feb 14, 2017 05:50 AM

Bafta names La La Land best film

HOLLYWOOD musical La La Land picked up five British Bafta movie awards on Sunday, at a...
PUBLISHED Feb 14, 2017 05:50 AM

SME

Invest in employees' development

PUBLISHED reports by the IMF, World Bank and OECD have been of consistent view that the...
PUBLISHED Feb 14, 2017 05:50 AM

Tweak our tax policies to lend a hand to SMEs

SMALL and medium-sized enterprises (SMEs) play a significant role in sustaining Singapore...
PUBLISHED Feb 14, 2017 05:50 AM

Entrepreneurs can drive Singapore's growth if they begin working together

A RECENT study commissioned by FedEx showed that Singapore's small to medium sized...
PUBLISHED Feb 14, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Could SingX be a global payments disruptor?

FINTECH start-up SingX has launched an online remittance platform backed by former...
PUBLISHED Feb 14, 2017 05:50 AM

America's checks and balances in action

THREE years after he was forced to resign from office because of his role in the...
PUBLISHED Feb 14, 2017 05:50 AM
EDITORIAL

Regulators play vital role in creating environment that fosters innovation

THE Committee on the Future Economy (CFE) has noted that the government needs to create a...
PUBLISHED Feb 14, 2017 05:50 AM
THE BOTTOM LINE

The real Dodd-Frank scandal

COMES now Timothy Geithner, treasury secretary from 2009 to 2013, to tell you that much...
PUBLISHED Feb 14, 2017 05:50 AM

CFE report could have included long-term macroeconomic issues

THE report by the Committee on the Future Economy (CFE) is a comprehensive document that...
PUBLISHED Feb 14, 2017 05:50 AM

House of Commons endorses May's vision of 'hard' Brexit

A MAJORITY in the House of Commons approved - unamended - last Wednesday the Article 50...
PUBLISHED Feb 14, 2017 05:50 AM
LETTER TO THE EDITOR

Don't assume new board will lead to good corporate governance

THE report "Natural Cool board ouster leaves doubts over stake divestment" (BT...
PUBLISHED Feb 14, 2017 05:50 AM

Tweak our tax policies to lend a hand to SMEs

SMALL and medium-sized enterprises (SMEs) play a significant role in sustaining Singapore...
PUBLISHED Feb 14, 2017 05:50 AM
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