Tuesday, Mar 14, 2017

TOP STORIES

Ex-star banker banned from securities sector for 1MDB-linked offences

THE Monetary Authority of Singapore (MAS) has followed through on its recent announcement...
PUBLISHED Mar 14, 2017 05:50 AM

Union Energy Corp set to enter the electricity sector

THE largest bottled-gas supplier in Singapore is making a foray into the electricity...
PUBLISHED Mar 14, 2017 05:50 AM

British PM May in Brexit battle to overturn House of Lords amendments

BRITISH Prime Minister Theresa May on Monday will attempt to quell a rebellion in her...
PUBLISHED Mar 14, 2017 05:50 AM

Canadian pension fund to invest in regional warehouses through JVs

CANADA Pension Plan Investment Board (CPPIB) has tied up with Canada-based real-estate...
PUBLISHED Mar 14, 2017 05:50 AM

Credit Suisse Asia-Pac staying focused on clients

CREDIT SUISSE Asia Pacific's private banking arm hopes to ride on momentum after...
PUBLISHED Mar 14, 2017 05:50 AM

DBS in search of new CIO: report

DBS Bank is said to have commenced a search for a new chief investment officer (CIO) to...
PUBLISHED Mar 14, 2017 05:50 AM

Zalora, the startup all grown up, hones its operations at Klang hub

PACKAGES are plucked from shelves and transferred to conveyor belts, where they are...
PUBLISHED Mar 14, 2017 05:50 AM

SingPost parries governance concerns raised

SINGAPORE Post may have dusted off the severe governance fallout of 2016, but its...
PUBLISHED Mar 14, 2017 05:50 AM

Hiring to stay modest in next 3 months - ManpowerGroup poll

THE hiring pace is likely to continue to be conservative in the next three months in...
PUBLISHED Mar 14, 2017 05:50 AM

Recovery in doubt as Japan's January machinery orders slide

JAPAN'S core machinery orders unexpectedly fell in January from the previous month...
PUBLISHED Mar 14, 2017 05:50 AM

Trade war risk ignored by markets, says hedge fund manager

THE next big trade could be around a potential trade war between the US and China, said...
PUBLISHED Mar 14, 2017 05:50 AM

Alliance Mineral Assets gears up for lithium bonanza

ALLIANCE Mineral Assets is in a hurry like no other. The Australian mining group, which...
PUBLISHED Mar 14, 2017 05:50 AM

STOCKS

STOCKS

STI at 18-month high amid cautious trading

THE Straits Times Index on Monday managed a 13.8-point rise to an 18-month high of 3,147...
PUBLISHED Mar 14, 2017 05:50 AM

Brokers' take

THE Singaporean authorities announced last Friday that they have relaxed some property...
PUBLISHED Mar 14, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Tight cost control key for SIA in weak-yield environment

A WEAK yield environment seems to be par for the course for airlines in the region these...
PUBLISHED Mar 14, 2017 05:50 AM

Ezra's share price hits new record low on US$194.5m claim

EZRA Holdings' share price hit another record low on Monday following its disclosure...
PUBLISHED Mar 14, 2017 05:50 AM

Aim is to create platform for Healthway's growth: Gateway

GATEWAY Partners, a private equity fund which threw a S$70 million lifeline to embattled...
PUBLISHED Mar 14, 2017 05:50 AM

SPH Radio awarded tender for 2 new stations

SPH Radio Pte Ltd has been awarded a tender by the Infocomm Media Development Authority...
PUBLISHED Mar 14, 2017 05:50 AM

Catalist-bound Kimly counts Heliconia Capital as a pre-IPO investor

KIMLY Ltd, which is on the verge of becoming the first Singapore traditional coffee-shop...
PUBLISHED Mar 14, 2017 05:50 AM

SGX allows general mandate for rights issues at 100% of share capital

SINGAPORE Exchange (SGX) on Monday said companies would be allowed to seek a general...
PUBLISHED Mar 14, 2017 05:50 AM

Rickmers bank willing to forgive 'material' amount of debt

HSH Nordbank AG, the largest senior lender to Rickmers Maritime Trust, said on Monday...
PUBLISHED Mar 14, 2017 05:50 AM
STOCKS

STI at 18-month high amid cautious trading

THE Straits Times Index on Monday managed a 13.8-point rise to an 18-month high of 3,147...
PUBLISHED Mar 14, 2017 05:50 AM

Brokers' take

THE Singaporean authorities announced last Friday that they have relaxed some property...
PUBLISHED Mar 14, 2017 05:50 AM
CURRENCIES

Greenback steadies after three-day fall

BUYING from the start of European trade on Monday halted three days of losses for the...
PUBLISHED Mar 14, 2017 05:50 AM

AIA names new CEO as Tucker moves to HSBC

HONG KONG-LISTED insurer AIA Group will have a new chief after its former chief executive...
PUBLISHED Mar 14, 2017 05:50 AM

Corporate digest

MAINBOARD-listed Triyards Holdings has clinched contracts worth US$20.64 million for the...
PUBLISHED Mar 14, 2017 05:50 AM

REAL ESTATE

Bulk sales race to the finish line

BESIDES Sing Holdings' Robin Residences, at least two other bulk transactions were...
PUBLISHED Mar 14, 2017 05:50 AM

CapitaLand officially launching Marine Parade condo

CAPITALAND is officially launching a residential project in Marine Parade this Saturday...
PUBLISHED Mar 14, 2017 05:50 AM

No investor credit bubble in Australia housing, says Morrison

AUSTRALIAN Treasurer Scott Morrison said he doesn't see excessive speculative...
PUBLISHED Mar 14, 2017 05:50 AM

Financial lifeline for owners of historic homes

YOU never know what you might find when you start peeling away layers. For Attila Piros,...
PUBLISHED Mar 14, 2017 05:50 AM

Rentals are high globally - not just in America

THE make-up of a country's housing market is decided by a wide variety of factors,...
PUBLISHED Mar 14, 2017 05:50 AM

BANKING & FINANCE

China to take 64 trillion yuan domestic bond market global

THE tide may slowly be turning for Chinese bonds. The central bank recently pledged to...
PUBLISHED Mar 14, 2017 05:50 AM

China investor fined 250.7m yuan in first stock connect case

CHINESE regulators handed down penalties in the country's first market manipulation...
PUBLISHED Mar 14, 2017 05:50 AM

Bank of England to lose rebel voice against Brexit consensus

ONE of the Bank of England's most vocal dissenters is moving on, just as Brexit...
PUBLISHED Mar 14, 2017 05:50 AM

ENERGY & COMMODITIES

Toshiba's troubled nuclear unit seen as a fit for Asian ambitions

IF Japan's Toshiba Corp parts ways with its embattled US nuclear unit, Westinghouse...
PUBLISHED Mar 14, 2017 05:50 AM

Dutch Disease driving Aussie mining hub slump, political rout

MINING booms often turn to busts. Most Australians know this, except it seems, the...
PUBLISHED Mar 14, 2017 05:50 AM

Australia coal finds new lease of life

THE rise of wind and solar power in Australia was supposed to be the death knell for coal...
PUBLISHED Mar 14, 2017 05:50 AM
COMMENTARY

A second Opec cut may well be in the pipeline

OPEC's coordinated effort to curtail global supply has so far managed to put a floor...
PUBLISHED Mar 14, 2017 05:50 AM

TECHNOLOGY

Smart appliances poser: Talk to them, or text 'em?

IN TODAY'S so-called smart home, you can dim the lights, order more toothpaste or...
PUBLISHED Mar 14, 2017 05:50 AM

CONSUMER

Pornography on Snapchat testing advertisers' tolerance for risk

ONE of the most powerful advertising-buying firms has been warning its clients about the...
PUBLISHED Mar 14, 2017 05:50 AM

Data on heart benefits of Amgen drug key to unlocking sales

DATA that should help unlock the sales potential of a potent new cholesterol medicine...
PUBLISHED Mar 14, 2017 05:50 AM

Boycott threats over refugee hiring hasn't hurt brand, says Starbucks

STARBUCKS Corp on Friday said its business has not been hurt by a social media boycott...
PUBLISHED Mar 14, 2017 05:50 AM

Made-in-Mexico Lego ignores Trump trade threat for now, CEO says

LEGO A/S sells building blocks made in Mexico to the US. And despite the signals coming...
PUBLISHED Mar 14, 2017 05:50 AM

TRANSPORT

HOCK LOCK SIEW

Tight cost control key for SIA in weak-yield environment

A WEAK yield environment seems to be par for the course for airlines in the region these...
PUBLISHED Mar 14, 2017 05:50 AM

Ezra's share price hits new record low on US$194.5m claim

EZRA Holdings' share price hit another record low on Monday following its disclosure...
PUBLISHED Mar 14, 2017 05:50 AM

Rickmers bank willing to forgive 'material' amount of debt

HSH Nordbank AG, the largest senior lender to Rickmers Maritime Trust, said on Monday...
PUBLISHED Mar 14, 2017 05:50 AM

Bank of England to lose rebel voice against Brexit consensus

ONE of the Bank of England's most vocal dissenters is moving on, just as Brexit...
PUBLISHED Mar 14, 2017 05:50 AM

Kalanick, the driving force behind Uber

UBER'S rise to the top of the ride-sharing industry is due in large part to its hard...
PUBLISHED Mar 14, 2017 05:50 AM

MyTaxi expands in UK as parent Daimler plots the future of cars

MYTAXI is to begin converting London users of its acquired Hailo app to the German...
PUBLISHED Mar 14, 2017 05:50 AM

Volkswagen pleads guilty as part of US$4.3b US diesel emission settlement

VOLKSWAGEN AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying...
PUBLISHED Mar 14, 2017 05:50 AM

Berlin airport staff strike to end on Wednesday

WORKERS at two airports in Berlin said on Monday that they have extended a walkout over...
PUBLISHED Mar 14, 2017 05:50 AM

Light rail fails to fix Ethiopia's traffic woes

ELECTRIC light railway tracks soar over Ethiopia's capital Addis Ababa, a rare...
PUBLISHED Mar 14, 2017 05:50 AM

GOVERNMENT & ECONOMY

'Brand Modi' gets a thumbs up as PM's party sweeps India polls

REBOUNDING from a self-inflicted banknote crisis to deliver his party a stunning victory...
PUBLISHED Mar 14, 2017 05:50 AM

Refugees surge into China as Myanmar ethnic border conflict escalates

WITHIN earshot of mortar fire echoing from beyond a ring of hills, a sprawling relief...
PUBLISHED Mar 14, 2017 05:50 AM

Sturgeon to seek approval for second Scots independence vote

SCOTTISH First Minister Nicola Sturgeon said she'll start the legal process of...
PUBLISHED Mar 14, 2017 05:50 AM

EU leaders seek unity as UK heads for the door

LEADERS of the European Union agreed on the outlines on Friday of a common accord to...
PUBLISHED Mar 14, 2017 05:50 AM

Vietnam demands China stop cruises in South China Sea

VIETNAM on Monday demanded that China stop sending cruise ships to the South China Sea in...
PUBLISHED Mar 14, 2017 05:50 AM

Talks on with N Korea for return of nine stranded citizens: Malaysia

MALAYSIA said talks were underway on Monday for the release of nine citizens stranded in...
PUBLISHED Mar 14, 2017 05:50 AM

Japan plans to send largest warship to S China Sea

JAPAN plans to dispatch its largest warship on a three-month tour through the South China...
PUBLISHED Mar 14, 2017 05:50 AM

South Korea's Park criticised over defiance, faces calls for investigation

OUSTED South Korean leader Park Geun-hye faced criticism on Monday over a defiant vow...
PUBLISHED Mar 14, 2017 05:50 AM

Trump Budget threatens to spark new fight among Republicans

REPUBLICAN US Representative Todd Rokita keeps a clock hanging on the wall of his Capitol...
PUBLISHED Mar 14, 2017 05:50 AM

US V-P to tour Asia amid security issues

US VICE-President Mike Pence will visit Japan and Indonesia next month, sources said on...
PUBLISHED Mar 14, 2017 05:50 AM

Trump's trade 'hammer' aims to pound China, Mexico and the WTO

THE trade talks on steel imports were dragging on, and Robert Lighthizer didn't care...
PUBLISHED Mar 14, 2017 05:50 AM
THE BOTTOM LINE

Facts are enemies of the people

THE US economy added 10.3 million jobs during former US president Barack Obama's...
PUBLISHED Mar 14, 2017 05:50 AM

LIFE & CULTURE

Retirees flock to 'China's Florida' for warmth

BLESSED by palm-fringed beaches and balmy weather, the island province of Hainan is fast...
PUBLISHED Mar 14, 2017 05:50 AM

Algiers tweaks metro plan to work around museum

AN archaeological treasure trove on the site of a planned metro station in central...
PUBLISHED Mar 14, 2017 05:50 AM

SME

Gaining from supporting staff learning, development

SMALL and medium enterprises (SMEs) in Singapore suffered a year of uncertainty in 2016,...
PUBLISHED Mar 14, 2017 05:50 AM

Growing her brands in the Garden City

CYNTHIA Chua creates new businesses the way some people create art and music. "Doing...
PUBLISHED Mar 14, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Tight cost control key for SIA in weak-yield environment

A WEAK yield environment seems to be par for the course for airlines in the region these...
PUBLISHED Mar 14, 2017 05:50 AM

S'pore tax: Bold steps for a stronger future

IN his Budget 2017 round-up speech in Parliament, Finance Minister Heng Swee Keat...
PUBLISHED Mar 14, 2017 05:50 AM
EDITORIAL

Decisive election victory will strengthen Modi's reforms push

WITH his resounding victory last week in crucial state elections, Indian Prime Minister...
PUBLISHED Mar 14, 2017 05:50 AM
THE BOTTOM LINE

Facts are enemies of the people

THE US economy added 10.3 million jobs during former US president Barack Obama's...
PUBLISHED Mar 14, 2017 05:50 AM

Tillerson trip unlikely to see decisive breakthrough on N Korea stand-off

REX Tillerson makes his first trip to the Asia-Pacific as US Secretary of State, starting...
PUBLISHED Mar 14, 2017 05:50 AM
COMMENTARY

Global economic disconnect likely to lead to crash landing

WHEN a sober-sided body like the Organisation for Economic Co-operation and Development (...
PUBLISHED Mar 14, 2017 05:50 AM
COMMENTARY

Fed hawks winning March rate hike tussle

THE likelihood of the US Federal Reserve raising interest rates another quarter-point at...
PUBLISHED Mar 14, 2017 05:50 AM
COMMENTARY

A second Opec cut may well be in the pipeline

OPEC's coordinated effort to curtail global supply has so far managed to put a floor...
PUBLISHED Mar 14, 2017 05:50 AM
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