Wednesday, Mar 15, 2017

TOP STORIES

Banks tussle for the brightest from the Class of 2017

DURING the annual campus recruitment season that is now drawing to a close, the banks...
PUBLISHED Mar 15, 2017 05:50 AM

VES to hurt mass-market buyers more than super-luxury

THE new Vehicular Emissions Scheme (VES) will benefit the high-end car market while...
PUBLISHED Mar 15, 2017 05:50 AM

MAS: Don't trade in binary options on unregulated platforms

IN the wake of complaints from investors who have suffered losses, Singapore's...
PUBLISHED Mar 15, 2017 05:50 AM

Singapore's general insurance industry growth slows in 2016

GROWTH in Singapore's general insurance industry was slower in 2016 given the...
PUBLISHED Mar 15, 2017 05:50 AM

PropNex Realty launches regional franchise

SINGAPORE'S largest homegrown agency PropNex Realty is finally spreading its wings...
PUBLISHED Mar 15, 2017 05:50 AM

IMF head warns of 'self-inflicted injuries' hurting economic recovery

THE global economy cannot afford to risk "self-inflicted injuries,"...
PUBLISHED Mar 15, 2017 05:50 AM

Candidates for HK leadership race square off in heated TV debate

THE first debate among the three candidates vying to be Hong Kong's next leader...
PUBLISHED Mar 15, 2017 05:50 AM

Machinery for Brexit to start churning before end of March

THE phoney political war is over and the two-year Brexit negotiations will be allowed to...
PUBLISHED Mar 15, 2017 05:50 AM

Veteran fund manager sees potential in Asia supply chain

ASIA faces risks from rising protectionism, but veteran fund manager Elizabeth Soon is...
PUBLISHED Mar 15, 2017 05:50 AM

Infineon upgrades its Singapore plant into smart factory

GERMAN semiconductor giant Infineon Technologies is spending 70 million euros (S$105.2...
PUBLISHED Mar 15, 2017 05:50 AM

Foreign manpower ratio not optimal: Asme's Kurt Wee

THE foreign manpower issue appeared to be a top concern for small and medium enterprises...
PUBLISHED Mar 15, 2017 05:50 AM

STOCKS

STOCKS

STI drifts amid falls in HK, Dow futures

TRADING was mostly directionless on Tuesday as the market here waited for the completion...
PUBLISHED Mar 15, 2017 05:50 AM

Brokers' take

RETAIL sales print for Singapore in January this year might have seemed positive at a...
PUBLISHED Mar 15, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

A growing disconnect between the market and economy

WALL Street is currently being supported by expectations that the US economy is strong...
PUBLISHED Mar 15, 2017 05:50 AM

Modest growth in new business activity for Prudential Singapore

BRITISH insurer Prudential's new business activity in Singapore measured on an...
PUBLISHED Mar 15, 2017 05:50 AM

Trafigura US$500m perpetuals upsized after being six times subscribed

STRONG demand was seen for oil trader Trafigura Group's latest fund-raising deal...
PUBLISHED Mar 15, 2017 05:50 AM

Vibrant Q3 hit by sharp drop in 'other income'

VIBRANT Group on Tuesday reported an 85.2 per cent plunge in third- quarter net profit to...
PUBLISHED Mar 15, 2017 05:50 AM

Lynette Leong taking CapitaLand Commercial Trust to greater heights

LYNETTE Leong, the chief executive officer of CapitaLand Commercial Trust Management,...
PUBLISHED Mar 15, 2017 05:50 AM

Viz Branz eyeing relisting on SGX after 2013 privatisation

ET TU, Viz Branz? Another consumer stock is coming to market, hot on the heels of...
PUBLISHED Mar 15, 2017 05:50 AM

Angels come aboard Spaceship

SUPPLY Chain Angels (SCAngels), the corporate venture arm of Singapore-headquartered YCH...
PUBLISHED Mar 15, 2017 05:50 AM

Corporate digest

ATLANTIC Navigation Holdings (S) Ltd has been awarded, through its country representative...
PUBLISHED Mar 15, 2017 05:50 AM
STOCKS

STI drifts amid falls in HK, Dow futures

TRADING was mostly directionless on Tuesday as the market here waited for the completion...
PUBLISHED Mar 15, 2017 05:50 AM

Brokers' take

RETAIL sales print for Singapore in January this year might have seemed positive at a...
PUBLISHED Mar 15, 2017 05:50 AM
CURRENCIES

Dollar climbs ahead of expected Fed rate increase

THE dollar climbed on Tuesday ahead of an expected interest rate rise by the US Federal...
PUBLISHED Mar 15, 2017 05:50 AM

Bid for Super Group fair and reasonable: IFA

INDEPENDENT financial adviser (IFA) SAC Capital has advised Super Group's...
PUBLISHED Mar 15, 2017 05:50 AM

Hedge funds exit emerging market assets as real money pours in

SHORT-TERM investors are escaping emerging markets ahead of a likely US interest rate...
PUBLISHED Mar 15, 2017 05:50 AM

Owners of genealogy website Ancestry.com weighing 2017 IPO: sources

THE private equity owners of genealogy website Ancestry.com, which counts Singapore'...
PUBLISHED Mar 15, 2017 05:50 AM

REAL ESTATE

Lynette Leong taking CapitaLand Commercial Trust to greater heights

LYNETTE Leong, the chief executive officer of CapitaLand Commercial Trust Management,...
PUBLISHED Mar 15, 2017 05:50 AM

Tampines plot tipped for a good turnout

MEDIOCRE location notwithstanding, a private housing site in Tampines Avenue 10 is...
PUBLISHED Mar 15, 2017 05:50 AM

Resale prices for condos up for 4th month in a row: SRX report

RESALE prices of non-landed private homes in Singapore rose 0.9 per cent month on month...
PUBLISHED Mar 15, 2017 05:50 AM

HK regulators investigating realtors over overseas property sales

HONG KONG'S securities regulator is investigating whether realtors selling overseas...
PUBLISHED Mar 15, 2017 05:50 AM

China property sales surge despite efforts to cool market

CHINA'S property sales surged in the first two months of the year despite government...
PUBLISHED Mar 15, 2017 05:50 AM

Soaring Australia home prices could lead to more curbs

AUSTRALIA could further curb mortgage lending to investors as the impact of earlier...
PUBLISHED Mar 15, 2017 05:50 AM

Wall St speculators smell money as malls get mauled

WALL STREET speculators are zeroing in on the next US credit crisis: the mall.
PUBLISHED Mar 15, 2017 05:50 AM

China's new rules could spark strategy change for Forest City

CHINA'S tighter enforcement of foreign exchange policies will make property sales...
PUBLISHED Mar 15, 2017 05:50 AM

Kushners set to get US$400 million from Chinese firm in Manhattan office tower deal

A COMPANY owned by the family of Jared Kushner, President Donald Trump's son-in-law...
PUBLISHED Mar 15, 2017 05:50 AM

BANKING & FINANCE

Two insurers claim JPMorgan caused them over US$1b in losses

JPMORGAN Chase & Co stuffed two investment accounts with risky mortgage bonds almost...
PUBLISHED Mar 15, 2017 05:50 AM

JPMorgan notifies clients of retirement account change

JPMORGAN Chase & Co has sent some wealth management customers letters this month...
PUBLISHED Mar 15, 2017 05:50 AM

Morgan Stanley on tech hiring drive to help its advisers upgrade skills

MORGAN Stanley is hiring hundreds of tech-savvy specialists at its wealth management...
PUBLISHED Mar 15, 2017 05:50 AM

ENERGY & COMMODITIES

China's coal consumption falls for third straight year

CHINA'S energy transition is well underway, official figures show, with coal...
PUBLISHED Mar 15, 2017 05:50 AM

Search for JV partners in Malaysian petrochem project continues

PETRONAS Chemicals Bhd, a unit of Malaysia's state energy company, said it's in...
PUBLISHED Mar 15, 2017 05:50 AM

Western Canada shippers of natural gas given boost

SHIPPERS have taken up Transcanada Corp's sweetened offer to move natural gas on its...
PUBLISHED Mar 15, 2017 05:50 AM

Nigeria's plan to sell oft-bombed oil assets faces challenges: analysts

FOR sale: stakes in oil fields. Bids from world class energy companies preferred...
PUBLISHED Mar 15, 2017 05:50 AM

Five Panoil bunker tankers suspended

THE Maritime and Port Authority of Singapore (MPA) has temporarily suspended the harbour...
PUBLISHED Mar 15, 2017 05:50 AM

TECHNOLOGY

Study finds weak links in more than 10 devices that hackers can exploit

A HACKING that would allow someone to add extra steps to the counter on your Fitbit...
PUBLISHED Mar 15, 2017 05:50 AM

Facebook blocks developers from using its data for spying

FACEBOOK Inc barred software developers on Monday from using the massive social network...
PUBLISHED Mar 15, 2017 05:50 AM

Yahoo names head of post-spinoff business

YAHOO said on Monday that board member and former Internet executive Thomas McInerney...
PUBLISHED Mar 15, 2017 05:50 AM

Intel's US$15b purchase of Mobileye shakes up driverless car sector

INTEL Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for US$15.3...
PUBLISHED Mar 15, 2017 05:50 AM

CONSUMER

Hollywood gets caught up in Beijing's crackdown on overseas deals

THE tide of Chinese money flowing into Hollywood is showing signs of receding.
PUBLISHED Mar 15, 2017 05:50 AM

On Netflix, the borders remain open

ALONGSIDE its well-publicised drive to dominate original content, Netflix is quietly...
PUBLISHED Mar 15, 2017 05:50 AM

Ivanka Trump to end fine jewellery line in favour of mass market

OVER the past few weeks, it seemed like Neiman Marcus could not make up its mind about...
PUBLISHED Mar 15, 2017 05:50 AM

In the digital age, Paris revamps newsstands

A NEW-LOOK newspaper kiosk appeared on a Paris street on Monday, the first of hundreds...
PUBLISHED Mar 15, 2017 05:50 AM

TRANSPORT

Intel's US$15b purchase of Mobileye shakes up driverless car sector

INTEL Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for US$15.3...
PUBLISHED Mar 15, 2017 05:50 AM
STRAIT TALK

EU reporting rule on emissions looms large

MOST ships of all flags will very soon be hit by a new cost when operating in EU waters,...
PUBLISHED Mar 15, 2017 05:50 AM

Porsche clan said to consider Piech's exit after VW allegations

FERDINAND Piech, the long-time strong man of the billionaire clan behind Volkswagen AG,...
PUBLISHED Mar 15, 2017 05:50 AM

New, reimagined cruise ship to bring the outdoors in

RICHARD Fain, the chief executive officer of Royal Caribbean Cruises Ltd, is willing to...
PUBLISHED Mar 15, 2017 05:50 AM

Trump to announce review of vehicle emissions rules: sources

US President Donald Trump is set to formally announce a review of vehicle fuel efficiency...
PUBLISHED Mar 15, 2017 05:50 AM

Five Panoil bunker tankers suspended

THE Maritime and Port Authority of Singapore (MPA) has temporarily suspended the harbour...
PUBLISHED Mar 15, 2017 05:50 AM

GOVERNMENT & ECONOMY

China's new rules could spark strategy change for Forest City

CHINA'S tighter enforcement of foreign exchange policies will make property sales...
PUBLISHED Mar 15, 2017 05:50 AM

New tack needed for foreign firms in China as Xi boosts Party grip

MULTINATIONAL companies (MNCs) have spent decades mastering the art of government...
PUBLISHED Mar 15, 2017 05:50 AM

China's economy gets off to strong start in 2017 as investment rebounds

CHINA issued a raft of upbeat data on Tuesday showing the economy got off to a strong...
PUBLISHED Mar 15, 2017 05:50 AM

US producer prices rise broadly in February

US producer prices increased more than expected in February, and the year-on-year gain...
PUBLISHED Mar 15, 2017 05:50 AM

US carrier joins South Korea drills; North Korea warns of 'merciless' strikes

AS the USS Carl Vinson ploughed through seas off South Korea on Tuesday, rival North...
PUBLISHED Mar 15, 2017 05:50 AM

Abe backs embattled defence minister amid scandal

JAPANESE Prime Minister Shinzo Abe backed his defence minister on Tuesday after the main...
PUBLISHED Mar 15, 2017 05:50 AM

Taiwan ex-leader Ma faces new charges over leaks scandal

TAIWAN's former president, Ma Ying-jeou, was slapped with new charges on Tuesday in...
PUBLISHED Mar 15, 2017 05:50 AM

Russia's migrant workers live under the radar

ON A brutally cold day in February, hundreds of labourers from Uzbekistan mill around in...
PUBLISHED Mar 15, 2017 05:50 AM

Rutte, Wilders trade jibes in debate just before Netherlands vote

DUTCH Prime Minister Mark Rutte and populist Freedom Party leader Geert Wilders...
PUBLISHED Mar 15, 2017 05:50 AM

Turkey slaps sanctions on Dutch, rejects EU criticism

TURKEY on Tuesday rejected European Union criticism of its stance in the intensifying...
PUBLISHED Mar 15, 2017 05:50 AM

Philippine lawmakers postpone vote on embattled resources minister

PHILIPPINE lawmakers on Tuesday deferred a decision to confirm or reject an ardent...
PUBLISHED Mar 15, 2017 05:50 AM

Iceland lifts last capital curbs from financial crisis

ICELAND lifted its remaining capital curbs on Tuesday, ending more than eight years of...
PUBLISHED Mar 15, 2017 05:50 AM

EU court rules workplace ban on headscarves legal

EUROPEAN companies can ban employees from wearing religious or political symbols...
PUBLISHED Mar 15, 2017 05:50 AM

Kushners set to get US$400 million from Chinese firm in Manhattan office tower deal

A COMPANY owned by the family of Jared Kushner, President Donald Trump's son-in-law...
PUBLISHED Mar 15, 2017 05:50 AM

Trump orders review of govt structure to cut size, cost

PRESIDENT Donald Trump ordered work to begin on a reorganisation plan for the federal...
PUBLISHED Mar 15, 2017 05:50 AM

Republican plan leaves 14m fewer with health insurance in 2018: US budget office

FOURTEEN million fewer Americans will have health insurance next year under the...
PUBLISHED Mar 15, 2017 05:50 AM

LIFE & CULTURE

That fantastic parental-leave policy sweeping America? It isn't

REMEMBER the mad rush to offer employees weeks and weeks of paid leave for all new...
PUBLISHED Mar 15, 2017 05:50 AM

Emma Watson is Belle of the ball

IT is a tale as old as time (or one dating back to the 1990s, at least): Disney dusts off...
PUBLISHED Mar 15, 2017 05:50 AM

Commonwealth Games seek new 2022 host after Durban debacle

COMMONWEALTH Games chiefs said on Monday they were looking for a new venue for the 2022...
PUBLISHED Mar 15, 2017 05:50 AM

EXECUTIVE MONEY

Resale prices for condos up for 4th month in a row: SRX report

RESALE prices of non-landed private homes in Singapore rose 0.9 per cent month on month...
PUBLISHED Mar 15, 2017 05:50 AM

Why traders are cheering when they should be fearing

THE last time Robert Shiller heard stock-market investors talk like this in 2000, it didn...
PUBLISHED Mar 15, 2017 05:50 AM
COMMENTARY

The outlook for China equities is optimistic

THE core message of the recent Morgan Stanley Blue Paper "Why We Are Bullish on...
PUBLISHED Mar 15, 2017 05:50 AM

Emerging markets aren't rattled by Trump or Fed hikes

THE unpredictable novice in the White House is making emerging markets seem less...
PUBLISHED Mar 15, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

A growing disconnect between the market and economy

WALL Street is currently being supported by expectations that the US economy is strong...
PUBLISHED Mar 15, 2017 05:50 AM
STRAIT TALK

EU reporting rule on emissions looms large

MOST ships of all flags will very soon be hit by a new cost when operating in EU waters,...
PUBLISHED Mar 15, 2017 05:50 AM
EDITORIAL

Problems aplenty for deeply divided South Korea in post-Park era

HISTORY was made last Friday when South Korea's Constitutional Court unanimously...
PUBLISHED Mar 15, 2017 05:50 AM

Playing the jobs number game

ONCE upon a time and on another planet, a leading politician was bashing the monthly jobs...
PUBLISHED Mar 15, 2017 05:50 AM
THE BOTTOM LINE

Whatever happened to 'one country, two systems'?

BEIJING is worried that the front runner in the Hong Kong chief executive elections,...
PUBLISHED Mar 15, 2017 05:50 AM

Companies need more women leaders for better working boards

MARCH 8 was International Women's Day - an annual worldwide movement that celebrates...
PUBLISHED Mar 15, 2017 05:50 AM
COMMENTARY

Addressing weaknesess in the judicial management process

IN view of recent cases of several listed companies going under judicial management, it...
PUBLISHED Mar 15, 2017 05:50 AM
COMMENTARY

Banks must make tough choices now

EIGHT years after the financial crisis, retail banks are still struggling to function as...
PUBLISHED Mar 15, 2017 05:50 AM
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