Thursday, Feb 16, 2017

TOP STORIES

Faster, cheaper access to Singapore market soon for VC funds

VENTURE Capital (VC) funds looking to set up shop here can soon get approval in a matter...
PUBLISHED Feb 16, 2017 05:50 AM

Govt reviewing land-use policies and planning guidelines

A number of Singapore government agencies are working together to review land-use...
PUBLISHED Feb 16, 2017 05:50 AM
COMMENTARY

Singapore land-use policies should be more responsive to market changes

THE review of existing land-use policies and planning guidelines by the government is a...
PUBLISHED Feb 16, 2017 05:50 AM

Finance companies' shares soar on new relaxed rules

SINGAPORE'S three finance companies are sleepy no more. The prices of all three...
PUBLISHED Feb 16, 2017 05:50 AM

CapBridge unveils world's first rules-based trust

TWO new funds worth more than US$140 million have been launched by Singaporean-founded...
PUBLISHED Feb 16, 2017 05:50 AM

Accountant General Dept's mobile app wins global prize

THE Accountant-General's Department (AGD) of the Ministry of Finance has clinched...
PUBLISHED Feb 16, 2017 05:50 AM

December's retail sales up 0.4%

Singapore's retail sales rose a marginal 0.4 per cent in Dec 2016 compared to a year...
PUBLISHED Feb 16, 2017 05:50 AM

All eyes on the race for the post of Jakarta governor

WHEN Ibu Cendana learned that, owing to a minor slip up, she would need to brave Jakarta...
PUBLISHED Feb 16, 2017 05:50 AM

Developers in Singapore off to good start in housing sales

DEVELOPERS got off to a good start in housing sales this year, based on the latest...
PUBLISHED Feb 16, 2017 05:50 AM

Shareholders raise storm over valuation of Sabana acquisition

THE new-found activism of Sabana Syariah-compliant Reit's unitholders who are fed up...
PUBLISHED Feb 16, 2017 05:50 AM

Eviction looms for 'well-off' tenants in HK public rental homes

HONG Kong is set to kick out wealthier public housing tenants as part of controversial...
PUBLISHED Feb 16, 2017 05:50 AM

STOCKS

STOCKS

Cautious rebound ahead of bank results

AFTER dropping 39 points on Tuesday because of a bank-led sell-off, the Straits Times...
PUBLISHED Feb 16, 2017 05:50 AM

COMPANIES & MARKETS

Ezra shares hit another bad patch

SHARES in Ezra Holdings were in rough seas once again on Wednesday as it sank as much as...
PUBLISHED Feb 16, 2017 05:50 AM
HOCK LOCK SIEW

Tough year ahead for Singapore telcos

THE next couple of months will be an interesting period for the Singapore telecoms...
PUBLISHED Feb 16, 2017 05:50 AM

CapitaLand's Q4 profit surges on strong operating income

PROPERTY developer CapitaLand ended 2016 on a strong note with a 73.8 per cent surge in...
PUBLISHED Feb 16, 2017 05:50 AM

Temasek cuts Alibaba stake, buys Antero Resources shares

TEMASEK Holdings pared its investment in Alibaba Group Holding Ltd for a second...
PUBLISHED Feb 16, 2017 05:50 AM

Heineken banking on Tiger beer sales in Asia to spur 2017 earnings growth

HEINEKEN NV, the world's second largest brewer, is forecasting growth in sales and...
PUBLISHED Feb 16, 2017 05:50 AM

LMIRT's Q4 DPU 7.4% higher; net property income up 10.9%

LIPPO Malls Indonesia Retail Trust (LMIRT) posted a distribution per unit of 0.87...
PUBLISHED Feb 16, 2017 05:50 AM

Challenger's Q4 profit tumbles on weak retail sales, impairment charge

CHALLENGER Technologies on Wednesday evening posted a 46 per cent slide in net profit to...
PUBLISHED Feb 16, 2017 05:50 AM

International Energy Group to start crude oil trading

SINGAPORE-based trading startup International Energy Group (IEG) this year plans to...
PUBLISHED Feb 16, 2017 05:50 AM

Corporate digest

TT International sank deeper into the red in the third quarter ended Dec 31, 2016, with a...
PUBLISHED Feb 16, 2017 05:50 AM
STOCKS

Cautious rebound ahead of bank results

AFTER dropping 39 points on Tuesday because of a bank-led sell-off, the Straits Times...
PUBLISHED Feb 16, 2017 05:50 AM

Brokers' take

We believe the perception of a greater alignment between the interest of Croesus Retail...
PUBLISHED Feb 16, 2017 05:50 AM
CURRENCIES

US$ up for eleventh straight session

THE US dollar chalked up its 11th straight daily rise on Wednesday, as investors'...
PUBLISHED Feb 16, 2017 05:50 AM

REAL ESTATE

CapitaLand's Q4 profit surges on strong operating income

PROPERTY developer CapitaLand ended 2016 on a strong note with a 73.8 per cent surge in...
PUBLISHED Feb 16, 2017 05:50 AM

LMIRT's Q4 DPU 7.4% higher; net property income up 10.9%

LIPPO Malls Indonesia Retail Trust (LMIRT) posted a distribution per unit of 0.87...
PUBLISHED Feb 16, 2017 05:50 AM

Rents rise for condos, but ease for HDB flats in January: SRX

RENTALS for non-landed private homes rose in January over December amid an increase in...
PUBLISHED Feb 16, 2017 05:50 AM

UK law making landlords check passports "racist"

A SCHEME requiring British landlords to check the immigration status of prospective...
PUBLISHED Feb 16, 2017 05:50 AM

Fed harps on growing risk in US commercial real estate

FEDERAL Reserve officials do not see broad risks developing in US asset markets save for...
PUBLISHED Feb 16, 2017 05:50 AM

Lou Gehrig's fixer-upper awaits a buyer

THE Iron Horse had brass fixtures in his house. And galvanised steel wiring. He also had...
PUBLISHED Feb 16, 2017 05:50 AM

Hotels pull out all the stops for Westminster show dogs

IN THE basement of the Hotel Pennsylvania, a long-faced Borzoi stood calmly in a bathtub...
PUBLISHED Feb 16, 2017 05:50 AM

Canada home resales down in January, prices still climbing

RESALES of Canadian homes fell 1.3 per cent in January from December, as sales in Toronto...
PUBLISHED Feb 16, 2017 05:50 AM

BANKING & FINANCE

CURRENCIES

US$ up for eleventh straight session

THE US dollar chalked up its 11th straight daily rise on Wednesday, as investors'...
PUBLISHED Feb 16, 2017 05:50 AM

Berkshire takes huge bite of Apple, boosts airline stakes

WARREN Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last...
PUBLISHED Feb 16, 2017 05:50 AM

Fortress exits decade in public spotlight with SoftBank buyout

THE first private equity firm to go public has become the first to be bought.
PUBLISHED Feb 16, 2017 05:50 AM

Bankia probe may boost Spain's pitch to Brexit banks

THE court summons served on a clutch of current and former central bankers this week may...
PUBLISHED Feb 16, 2017 05:50 AM

Market may be guilty of gambler's fallacy on Fed rate hikes

WHEN successive coin flips turn up heads, a gambler's instinct would dictate the...
PUBLISHED Feb 16, 2017 05:50 AM

ENERGY & COMMODITIES

Emerging nations seize bigger role in clean energy race

A RANGE of developing countries have emerged as leaders in a global race to switch to...
PUBLISHED Feb 16, 2017 05:50 AM

Electric car boom spurs investor scramble for cobalt

INVESTORS are buying up physical cobalt anticipating that shortages of the metal, a key...
PUBLISHED Feb 16, 2017 05:50 AM

Siberian oil field that bankrolled Soviets may gush cash again

RUSSIA'S largest oil field, so far past its prime that it now pumps almost 20 times...
PUBLISHED Feb 16, 2017 05:50 AM

TECHNOLOGY

Apple weighing Chinese supplier for next-gen iPhone screens

APPLE Inc is in discussions with China's BOE Technology Group Co to supply next-...
PUBLISHED Feb 16, 2017 05:50 AM

Apple tiptoes into producing original video

WATCH out, Netflix. Apple, the richest company in technology, is finally moving into...
PUBLISHED Feb 16, 2017 05:50 AM

Google faces setback in premium content plans without big YouTube star

IN December, Felix Kjellberg threa-tened to take his star power off YouTube.
PUBLISHED Feb 16, 2017 05:50 AM

US teenage students showing a level of civic engagement not seen in years

IN Bridgette Francis' Advanced Placement comparative government class at the College...
PUBLISHED Feb 16, 2017 05:50 AM

Strategy and execution finesse have to work hand in hand to achieve our desired outcomes

WHEN I was approached to join the Committee on the Future Economy (CFE) back in 2015, I...
PUBLISHED Feb 16, 2017 05:50 AM

CONSUMER

Manufacturers jostle for slice of China's 'premiumisation' pie

FROM spirits distillers and dairy producers to cafes, the latest mouthful in corporate...
PUBLISHED Feb 16, 2017 05:50 AM

Toshiba puts prized chips unit up for sale to salvage business

AFTER a chaotic day of earnings, it has become clearer that Toshiba Corp may soon end up...
PUBLISHED Feb 16, 2017 05:50 AM

US health insurers Aetna, Humana drop merger; Cigna seeks to end Anthem deal

HEALTH insurers Aetna Inc and Humana Inc walked away from their US$34 billion merger on...
PUBLISHED Feb 16, 2017 05:50 AM

Use gene tools for disease, not designer babies, says panel

BREAKTHROUGH gene-editing technologies should be used for treating disease or...
PUBLISHED Feb 16, 2017 05:50 AM

TRANSPORT

Ezra shares hit another bad patch

SHARES in Ezra Holdings were in rough seas once again on Wednesday as it sank as much as...
PUBLISHED Feb 16, 2017 05:50 AM

GM weighs selling Opel to France's PSA

GENERAL Motors floated the possibility on Tuesday that it could exit the large but...
PUBLISHED Feb 16, 2017 05:50 AM

Engine maker Rolls-Royce logs record £4b loss

BRITISH engine maker Rolls-Royce slumped into a record £4-billion (S$7 billion) annual...
PUBLISHED Feb 16, 2017 05:50 AM

Dubai plans taxi that skips the driver, and the roads

LIKE a scene from The Jetsons, commuters in Dubai, in the United Arab Emirates, may soon...
PUBLISHED Feb 16, 2017 05:50 AM

American Air's pilots vote no-confidence in CEO, executives

THE leaders of American Airlines' pilot union voted no-confidence in chief executive...
PUBLISHED Feb 16, 2017 05:50 AM

GOVERNMENT & ECONOMY

Suu Kyi pushes for investment in Myanmar as Rohingya crisis deepens

AUNG San Suu Kyi's government in Myanmar is moving to attract more foreign...
PUBLISHED Feb 16, 2017 05:50 AM

Malaysia police arrest woman over North Korean killing

MALAYSIAN police probing the killing of the half-brother of North Korea's leader...
PUBLISHED Feb 16, 2017 05:50 AM

Pyongyang known for fatal attacks on foreign territory

IF North Korean agents are responsible for the assassination of Kim Jong-nam, the...
PUBLISHED Feb 16, 2017 05:50 AM

China warns US against fresh naval patrols in South China Sea

CHINA'S Foreign Ministry on Wednesday warned Washington against challenging its...
PUBLISHED Feb 16, 2017 05:50 AM

China considering making foreign submersibles travel on surface

CHINA is considering revisions to its maritime safety law which would make foreign...
PUBLISHED Feb 16, 2017 05:50 AM

World leaders wait to see who speaks for Trump

WHO speaks for Donald Trump on foreign affairs? Is it Secretary of State Rex Tillerson?...
PUBLISHED Feb 16, 2017 05:50 AM

UK wage growth slows in late 2016, employment picks up

BRITISH workers saw their pay grow more slowly than expected at the end of last year,...
PUBLISHED Feb 16, 2017 05:50 AM

Greece's economy contracts ahead of yet another bailout

 THE Greek economy continues to be in recession ahead of uncertainty surrounding another...
PUBLISHED Feb 16, 2017 05:50 AM

Trump campaign aides had repeated contact with Russian intelligence officials

PHONE records and intercepted calls show that members of Donald Trump's 2016...
PUBLISHED Feb 16, 2017 05:50 AM

Washington reels amid the turmoil of Trump's first month

THE resignation of Michael Flynn as national security adviser caps a remarkably...
PUBLISHED Feb 16, 2017 05:50 AM

Asia eyeing bilateral trade pacts with US after Trump ditches TPP

EVERYTHING old is new again when it comes to trade deals.
PUBLISHED Feb 16, 2017 05:50 AM

Melania Trump reopens White House for tours

AFTER pressure from lawmakers, First Lady Melania Trump announced on Tuesday that the...
PUBLISHED Feb 16, 2017 05:50 AM
EDITORIAL

Trump's trade threats an ominous omen for global business

US President Donald Trump's rampaging progress through the global economy -...
PUBLISHED Feb 16, 2017 05:50 AM

Trump 'insurgents' suffer setbacks

DURING the presidential election campaign, we were told by political scientists, using...
PUBLISHED Feb 16, 2017 05:50 AM
THE BOTTOM LINE

Troika must find Greek answer this week

HEIGHTENED market uncertainty makes a political accord on Greek debt resolution...
PUBLISHED Feb 16, 2017 05:50 AM

Lone Ranger without even a Tonto

THE presidential management style of Donald Trump is being described as "obsessive...
PUBLISHED Feb 16, 2017 05:50 AM
COMMENTARY

Hope emerges against tide of populist politicians

THE 2017 Munich security conference begins on Friday with attendees including US Vice-...
PUBLISHED Feb 16, 2017 05:50 AM

LIFE & CULTURE

Trump immigration storm buffets Los Angeles' Olympics bid

DONALD Trump may have given his unequivocal support to Los Angeles' bid for the 2024...
PUBLISHED Feb 16, 2017 05:50 AM

Swiss ski resort's bet on summer tourists, hikers and non-skiers pays off

AFTER three snowless Christmases, some Swiss ski resorts are making more money in July...
PUBLISHED Feb 16, 2017 05:50 AM

Tunisian fashion designers look to past for inspiration

TRADITIONAL embroidery on modern dresses, men's robes turned into women's...
PUBLISHED Feb 16, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Tough year ahead for Singapore telcos

THE next couple of months will be an interesting period for the Singapore telecoms...
PUBLISHED Feb 16, 2017 05:50 AM
EDITORIAL

Trump's trade threats an ominous omen for global business

US President Donald Trump's rampaging progress through the global economy -...
PUBLISHED Feb 16, 2017 05:50 AM

Trump 'insurgents' suffer setbacks

DURING the presidential election campaign, we were told by political scientists, using...
PUBLISHED Feb 16, 2017 05:50 AM
THE BOTTOM LINE

Troika must find Greek answer this week

HEIGHTENED market uncertainty makes a political accord on Greek debt resolution...
PUBLISHED Feb 16, 2017 05:50 AM

Lone Ranger without even a Tonto

THE presidential management style of Donald Trump is being described as "obsessive...
PUBLISHED Feb 16, 2017 05:50 AM
COMMENTARY

Hope emerges against tide of populist politicians

THE 2017 Munich security conference begins on Friday with attendees including US Vice-...
PUBLISHED Feb 16, 2017 05:50 AM

Strategy and execution finesse have to work hand in hand to achieve our desired outcomes

WHEN I was approached to join the Committee on the Future Economy (CFE) back in 2015, I...
PUBLISHED Feb 16, 2017 05:50 AM
sentifi.com

TOP 10 TALKED ABOUT: