Tuesday, Apr 18, 2017

TOP STORIES

March exports power ahead to score fifth straight monthly gain

SINGAPORE'S exports appear to be firmly back on the growth path, with non-oil...
PUBLISHED Apr 18, 2017 05:50 AM

Developers' private home sales soar

THE latest government figures on private home sales point to a turnaround in the market.
PUBLISHED Apr 18, 2017 05:50 AM
OBITUARY

Othman Wok, member of Singapore's first Cabinet and founding father, dies at 92

A FOUNDING father. A strong leader. A Singapore son. A dear friend. These epithets were...
PUBLISHED Apr 18, 2017 05:50 AM

Tributes

"Mr Othman Wok will be remembered for his sincerity and personable nature. When Mrs...
PUBLISHED Apr 18, 2017 05:50 AM

Asia-Pacific to overtake Europe with second-largest helicopter fleet by 2026

THE Asia-Pacific will overtake Europe to become home to the second-largest fleet of civil...
PUBLISHED Apr 18, 2017 05:50 AM

Changi Airport, SIA partner STB in push for Singapore stopover

CHANGI Airport Group, Singapore Airlines and the Singapore Tourism Board (STB) are...
PUBLISHED Apr 18, 2017 05:50 AM

China's growth robust in Q1 but rates unsustainable, analysts warn

CHINA'S economy grew a better-than-expected 6.9 per cent in the first three months...
PUBLISHED Apr 18, 2017 05:50 AM

Japan's change of tack on TPP seen as gambit in talks with US

THE shape of the US-Japan "Economic Dialogue", due to kick off on Tuesday, has...
PUBLISHED Apr 18, 2017 05:50 AM
SINGAPORE MARITIME WEEK 2017

Maritime industry to brainstorm for ideas to face global challenges

MARITIME players face the challenge of navigating through a weaker world economy, slowing...
PUBLISHED Apr 18, 2017 05:50 AM

With SATS Coolport, New Zealand meats headed for EU can now tranship through Singapore

MEATS from New Zealand destined for the European Union (EU) markets can now transit...
PUBLISHED Apr 18, 2017 05:50 AM

STOCKS

STOCKS

SGX trading glitch a blip on the radar

AT first glance, the Straits Times Index's 30.94 points or one per cent plunge to 3,...
PUBLISHED Apr 18, 2017 05:50 AM

COMPANIES & MARKETS

Frasers Centrepoint to pay 315m euros for 86.56% of Amsterdam property firm

MAINBOARD-LISTED Frasers Centrepoint Limited (FCL) has entered into a conditional...
PUBLISHED Apr 18, 2017 05:50 AM

Stock market trading hit by system glitch

SOME traders in the local stock market found their trading disrupted on Monday morning by...
PUBLISHED Apr 18, 2017 05:50 AM

Corporate digest

RAFFLES Education Corporation Ltd (REC) has been handed a 163.2 million rupee (S$3.5...
PUBLISHED Apr 18, 2017 05:50 AM
HOCK LOCK SIEW

Claims-based pricing for rider only a band aid

CALL it a bold move or a risk-pooling defying one, but insurer Prudential's take on...
PUBLISHED Apr 18, 2017 05:50 AM

KIT's first-quarter DPU steady at 0.93 cent

KEPPEL Infrastructure Trust (KIT) on Monday reported a distribution per unit of 0.93...
PUBLISHED Apr 18, 2017 05:50 AM

M1's Q1 profit falls 14.6% to S$36.3m despite revenue rise

HIGHER depreciation and interest expenses pulled down telco M1's first-quarter net...
PUBLISHED Apr 18, 2017 05:50 AM

Keppel DC Reit posts 13.2% rise in Q1 DPU

KEPPEL DC Reit on Monday posted a 13.2 per cent growth in distribution per unit (DPU) to...
PUBLISHED Apr 18, 2017 05:50 AM

OCBC internship to build a 'bank for the future'

IN A slightly different twist to find innovative bankers, OCBC Bank has selected 26...
PUBLISHED Apr 18, 2017 05:50 AM

Rex unit to test production from North Sea oil well in 2019

A UNIT of Rex International Holding expects to start testing production from its Edvard...
PUBLISHED Apr 18, 2017 05:50 AM
STOCKS

SGX trading glitch a blip on the radar

AT first glance, the Straits Times Index's 30.94 points or one per cent plunge to 3,...
PUBLISHED Apr 18, 2017 05:50 AM

Brokers' take

Japan Foods has consistently expanded its network of restaurants since its listing with...
PUBLISHED Apr 18, 2017 05:50 AM
CURRENCIES

Asian currencies rise as US$ loses lustre

ASIAN currencies rose on Monday as falls in the US stock market and Treasury yields kept...
PUBLISHED Apr 18, 2017 05:50 AM

REAL ESTATE

Frasers Centrepoint to pay 315m euros for 86.56% of Amsterdam property firm

MAINBOARD-LISTED Frasers Centrepoint Limited (FCL) has entered into a conditional...
PUBLISHED Apr 18, 2017 05:50 AM

China's Q1 property investment accelerates, defying curbs

REAL estate investment in China remained robust in the first quarter from a year earlier...
PUBLISHED Apr 18, 2017 05:50 AM

Chinese developer to bring Xiongan frenzy to offshore investors

DAYS after plans for a new economic hub south of Beijing ignited a frenzy among mainland...
PUBLISHED Apr 18, 2017 05:50 AM

Tokyo to have 45 new skyscrapers by 2020 Olympics

TOKYO'S skyline is set to welcome 45 new skyscrapers by the time the city hosts the...
PUBLISHED Apr 18, 2017 05:50 AM

Hotels draw up battle plans as Airbnb poses rising threat

LAST year, Airbnb underwent a rough regulatory patch. The short-term rental company...
PUBLISHED Apr 18, 2017 05:50 AM

BANKING & FINANCE

OCBC internship to build a 'bank for the future'

IN A slightly different twist to find innovative bankers, OCBC Bank has selected 26...
PUBLISHED Apr 18, 2017 05:50 AM

Amex, challenged by Chase, is losing the snob war

TO understand the anxiety inside American Express (Amex) - which has announced its second...
PUBLISHED Apr 18, 2017 05:50 AM

Buyout firms are magically - and legally - pumping up returns

THE steroid era has arrived in private equity. Much like a raft of baseball sluggers in...
PUBLISHED Apr 18, 2017 05:50 AM

Ant Financial raises MoneyGram bid by 36% to fend off Euronet

ANT Financial raised its agreed offer for MoneyGram International Inc by 36 per cent as...
PUBLISHED Apr 18, 2017 05:50 AM

ENERGY & COMMODITIES

Rex unit to test production from North Sea oil well in 2019

A UNIT of Rex International Holding expects to start testing production from its Edvard...
PUBLISHED Apr 18, 2017 05:50 AM

Over-valued lithium mine in Argentina sold for a song

HIGH in the Andes, in northwest Argentina, stories are told of fortunes being made in...
PUBLISHED Apr 18, 2017 05:50 AM

European chemical companies steel for disruptive Brexit, regulatory challenges

CHEMICAL companies are preparing for a potentially disruptive "Brexit" as the...
PUBLISHED Apr 18, 2017 05:50 AM

Bullish oil bets gain on signs Opec cuts will beat US boom

OPEC (Organization of the Petroleum Exporting Countries) is finally making some headway...
PUBLISHED Apr 18, 2017 05:50 AM

TECHNOLOGY

Snapping up Snap? Mutual funds beat you to it

SNAP acquired loads of new investors when it went public last month, including people who...
PUBLISHED Apr 18, 2017 05:50 AM

US messaging upstart Slack now faces giant tech rivals

SLACK is the classic Silicon Valley accidental success. Born three years ago, with roots...
PUBLISHED Apr 18, 2017 05:50 AM

CONSUMER

Is American retail at a historic tipping point?

ALONG the cobblestone streets of SoHo, Chanel handbags and Arc'teryx jackets are...
PUBLISHED Apr 18, 2017 05:50 AM

'Skinny bundles' seen to challenge established pay-TV providers

FOR years, US cable operators got rich by offering fat "bundles" of hundreds of...
PUBLISHED Apr 18, 2017 05:50 AM

Amazon, Flipkart battle in India for e-commerce's 'last frontier'

WITH 100 million new Internet users every year, Amazon is betting big on India, but a...
PUBLISHED Apr 18, 2017 05:50 AM

TRANSPORT

To rule the world, Uber must first conquer India

NANDINI Balasubramanya's office on the southern edge of India's technology...
PUBLISHED Apr 18, 2017 05:50 AM

Daewoo Shipbuilding bondholders accept bailout plan

SOUTH Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near...
PUBLISHED Apr 18, 2017 05:50 AM

Americans crave muscular SUVs, and carmakers oblige

AMERICANS want bigger, faster and more luxurious sport utility vehicles (SUVs) - and...
PUBLISHED Apr 18, 2017 05:50 AM

GOVERNMENT & ECONOMY

Turkey's weak economy exposed after referendum

SUPPORTERS of Recep Tayyip Erdogan waved flags in the streets while opponents banged...
PUBLISHED Apr 18, 2017 05:50 AM

Saudi Arabia 'to shelve, reform billions of dollars of unfinished projects': sources

SAUDI Arabia's government is ordering its ministries and agencies to review billions...
PUBLISHED Apr 18, 2017 05:50 AM

Billionaire Taizo Son ditches Japan to start afresh in Singapore

SINGAPORE may have just added a new tech billionaire, but it had to lure him from Japan...
PUBLISHED Apr 18, 2017 05:50 AM

South Korea's ousted leader Park, Lotte chief charged with bribery

SOUTH Korean prosecutors on Monday charged ousted president Park Geun-hye and Lotte Group...
PUBLISHED Apr 18, 2017 05:50 AM

Trump's 'reciprocal tax' keeps analysts guessing

AMERICANS might want to brace themselves for political arguments about the "...
PUBLISHED Apr 18, 2017 05:50 AM

Pence warns North Korea of US resolve shown in Syria, Afghan strikes

UNITED States Vice-President Mike Pence put North Korea on notice on Monday, warning that...
PUBLISHED Apr 18, 2017 05:50 AM

LIFE & CULTURE

Berlin startup out to prove universal basic income is workable

MIKO from Berlin may only be five, but he already has 1,000 euros (S$1,485) per month to...
PUBLISHED Apr 18, 2017 05:50 AM

Millennials give the prep staple, a pink shirt, vibrant new life

THE psychological phenomenon of the moment is group-think pink. The colour is more...
PUBLISHED Apr 18, 2017 05:50 AM

Italian football clubs look to China to bankroll revival

ITALIAN football is sticking to its game plan to pull itself out of a steady decline:...
PUBLISHED Apr 18, 2017 05:50 AM

SME

Leading through turbulent times

IN recent years, Singapore has shown a slowdown in economic growth and this is expected...
PUBLISHED Apr 18, 2017 05:50 AM

'Disruption is creation', a mantra for business leaders

INNOVATE or get left behind. Businesses today know it and have seen it happen with their...
PUBLISHED Apr 18, 2017 05:50 AM

Fostering an enterpreneurial culture to take Singapore into the future

THE push to foster and further develop the spirit of entrepreneurship in Singapore will...
PUBLISHED Apr 18, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Claims-based pricing for rider only a band aid

CALL it a bold move or a risk-pooling defying one, but insurer Prudential's take on...
PUBLISHED Apr 18, 2017 05:50 AM

Transforming change into opportunity

WHEN I was growing up in Los Angeles in the 1960s, I spent a lot of time outdoors near...
PUBLISHED Apr 18, 2017 05:50 AM
THE BOTTOM LINE

Will China rein in North Korea?

NORTH Korea's failed missile test on Sunday provides an opportunity for the United...
PUBLISHED Apr 18, 2017 05:50 AM
EDITORIAL

Trump's North Korean calculus needs a new direction

THERE was barely any hint of a North Korean policy before he took the keys to the White...
PUBLISHED Apr 18, 2017 05:50 AM

Trump plays the global game, but a big-picture framework seems missing

IF YOU buy into the foreign-policy narrative being advanced by fans of US President...
PUBLISHED Apr 18, 2017 05:50 AM

How can Singapore companies ensure equality in the gig economy?

WITH the advent of the "gig economy" in Singapore - where conventional jobs are...
PUBLISHED Apr 18, 2017 05:50 AM
LETTER TO THE EDITOR

Shareholders now increasingly engaged, key that they attend AGMs

I refer to BT's April 14 Hock Lock Siew column, 'AGM bunching: Don't fight...
PUBLISHED Apr 18, 2017 05:50 AM

Can US living standards be said to be truly stagnant?

IT MAY turn out that the widespread belief that most Americans' incomes have...
PUBLISHED Apr 18, 2017 05:50 AM
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