Friday, Apr 21, 2017

TOP STORIES

Flight path charted for Singapore's aviation future

A ROADMAP to chart the future of Singapore's aviation sector was revealed on...
PUBLISHED Apr 21, 2017 05:50 AM

Low-cost airline Norwegian to start direct Singapore-London flights from September

CHANGI Airport will have one more long-haul, low-cost player taking off when Norwegian...
PUBLISHED Apr 21, 2017 05:50 AM

Change is in the air

STREET art is going legit as more artists get paid to paint on walls. Meet four of them...
PUBLISHED Apr 21, 2017 05:50 AM

OrangeTee beefs up team with hires from rivals

SINGAPORE'S fourth-largest property agency OrangeTee.com is getting a shot in the...
PUBLISHED Apr 21, 2017 05:50 AM

China demand drives Singapore oil storage sales to 11-month peak

CRUDE oil sales from storage tanks around Singapore rose to an 11-month high in March,...
PUBLISHED Apr 21, 2017 05:50 AM

Gold rally unlikely to last till the end of the year: OCBC

GOLD prices' recent rally on geopolitical concerns is not likely to be sustained to...
PUBLISHED Apr 21, 2017 05:50 AM

Pence praises moderate Islam in Indonesia

US Vice-President Mike Pence toured South-east Asia's largest mosque on Thursday...
PUBLISHED Apr 21, 2017 05:50 AM

Jakarta poll result signals twin threats to Indonesia president

THE thumping win by Anies Baswedan in the bitterly fought election for Jakarta governor...
PUBLISHED Apr 21, 2017 05:50 AM

UOB defends its KrisFlyer UOB account

UNITED Overseas Bank said on Thursday that its new current account product does work for...
PUBLISHED Apr 21, 2017 05:50 AM
AGM WATCH

War scenario makes its way into UOB meeting

THE possibility of war breaking out in North Asia found its way into the annual United...
PUBLISHED Apr 21, 2017 05:50 AM

US labour crunch on the rise amid economic growth: Fed

THE US economy has continued to expand with only modest price increases, but companies...
PUBLISHED Apr 21, 2017 05:50 AM

ESG strategy enhances returns for Asia-Pacific institutions: survey

MORE than 300 institutions from the Asia-Pacific (Apac) agree that the integration of an...
PUBLISHED Apr 21, 2017 05:50 AM

Lazada, RedMart and others team up for e-membership scheme ahead of Amazon's entry

ONLINE shopping portal Lazada and online supermarket RedMart have teamed up with other...
PUBLISHED Apr 21, 2017 05:50 AM

2nd Advanced Maritime Leaders' Programme sails off

MPA Academy, the training arm of the Maritime and Port Authority of Singapore (MPA), has...
PUBLISHED Apr 21, 2017 05:50 AM

STOCKS

Pharma stocks a growing healthcare sub-segment

EVEN though pharmaceuticals is one of the smaller sub-segments in the Singapore Exchange...
PUBLISHED Apr 21, 2017 05:50 AM

Finding opportunities in key risks to global stock markets

GLOBAL stock markets might be on the edge of a cliff. Here are 20 key risks that could...
PUBLISHED Apr 21, 2017 05:50 AM

COMPANIES & MARKETS

Associated firms boost Keppel Q1 bottom line

DESPITE a 28.4 per cent fall in group revenue to S$1.25 billion, Keppel Corporation...
PUBLISHED Apr 21, 2017 05:50 AM

Derivatives slump drags SGX's Q3 profit down 6.8%

SINGAPORE Exchange (SGX) saw its net profit decline 6.8 per cent to S$83.1 million in its...
PUBLISHED Apr 21, 2017 05:50 AM

GuocoLand Q3 profit up on higher sales, progressive revenue recognition

PROPERTY developer GuocoLand Limited posted a net profit of S$29.57 million for its third...
PUBLISHED Apr 21, 2017 05:50 AM

Federal teams up with China Merchant unit to bid for O&G projects in Indonesia

OILFIELD services provider Federal International (2000) and China Merchants Industry...
PUBLISHED Apr 21, 2017 05:50 AM

Frasers Centrepoint's Australian arm seals deals on Sydney hotel, commercial space

THE Australian arm of Singapore-listed Frasers Centrepoint Limited, together with a joint...
PUBLISHED Apr 21, 2017 05:50 AM
STOCKS

STI breaks four-day losing streak

SINGAPORE equities finally broke the four-day losing streak to close higher on Thursday,...
PUBLISHED Apr 21, 2017 05:50 AM

Brokers' take

SBS Transit (SBST), a subsidiary of ComfortDelGro (CD), was awarded the third bus package...
PUBLISHED Apr 21, 2017 05:50 AM
CURRENCIES

Euro firmer ahead of first round of French polls

THE euro jumped around half a per cent against the dollar on Thursday as some traders...
PUBLISHED Apr 21, 2017 05:50 AM
HOCK LOCK SIEW

Haircuts are now a necessary evil in O&M sector's notes restructuring

THE plight of a largely retail-based Singdollar noteholder community with exposure to...
PUBLISHED Apr 21, 2017 05:50 AM

CapitaLand Mall Trust's Q1 DPU steady despite revenue dip

CAPITALAND Mall Trust's (CMT) distribution per unit (DPU) for the first quarter...
PUBLISHED Apr 21, 2017 05:50 AM

Pharma stocks a growing healthcare sub-segment

EVEN though pharmaceuticals is one of the smaller sub-segments in the Singapore Exchange...
PUBLISHED Apr 21, 2017 05:50 AM

Ziwo associate, partners to invest 10m yuan in electric-vehicle chargers venture

AN associate company of mainboard-listed Ziwo Holdings and its partners will invest 10...
PUBLISHED Apr 21, 2017 05:50 AM

Corporate digest

SINGAPORE'S Court of Appeal sees two grounds for the publisher behind the Yellow...
PUBLISHED Apr 21, 2017 05:50 AM

VietJet shareholders okay higher foreign cap

VIETJET Aviation Joint Stock Co, which controls almost half of Vietnam's domestic...
PUBLISHED Apr 21, 2017 05:50 AM

REAL ESTATE

GuocoLand Q3 profit up on higher sales, progressive revenue recognition

PROPERTY developer GuocoLand Limited posted a net profit of S$29.57 million for its third...
PUBLISHED Apr 21, 2017 05:50 AM

Frasers Centrepoint's Australian arm seals deals on Sydney hotel, commercial space

THE Australian arm of Singapore-listed Frasers Centrepoint Limited, together with a joint...
PUBLISHED Apr 21, 2017 05:50 AM

CapitaLand Mall Trust's Q1 DPU steady despite revenue dip

CAPITALAND Mall Trust's (CMT) distribution per unit (DPU) for the first quarter...
PUBLISHED Apr 21, 2017 05:50 AM

Two sites up for tender to yield 1,160 homes

A PLUM landed plot in Hougang at Lorong 1 Realty Park and a large non-landed site at...
PUBLISHED Apr 21, 2017 05:50 AM

Johor developers 'should drop inflated prices to clear glut'

TO ADDRESS Johor's property glut, a property consultant has suggested that...
PUBLISHED Apr 21, 2017 05:50 AM

WTC exec moves to NY transport agency

A REAL estate executive who played a prominent role in rebuilding the World Trade Center...
PUBLISHED Apr 21, 2017 05:50 AM

Nightmare for Florida's coastal homeowners

ON a predictably gorgeous South Florida afternoon, Coral Gables mayor Jim Cason sat in...
PUBLISHED Apr 21, 2017 05:50 AM
THE BOTTOM LINE

Singapore property market: Get ready for the upturn

NEAR the peak of the property cycle in 2013, I recall walking into a showroom one...
PUBLISHED Apr 21, 2017 05:50 AM

BANKING & FINANCE

Back to basics: Global investment banks beef up transaction business in Asia

WITH dealmaking in Asia sluggish and Chinese investment banks taking market share from...
PUBLISHED Apr 21, 2017 05:50 AM

The Indian bank bonds everyone wants

FOR all the hurdles faced by Indian lenders, there are bank bonds out there that...
PUBLISHED Apr 21, 2017 05:50 AM

Wells Fargo CEO says ousting most of board would be 'crazy'

WELLS Fargo & Co's new chief executive officer, Tim Sloan, just survived his...
PUBLISHED Apr 21, 2017 05:50 AM

Industry body planning standards for Islamic endowments

THE Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will...
PUBLISHED Apr 21, 2017 05:50 AM

ENERGY & COMMODITIES

India's rural power company eyes lending push for renewables

RURAL Electrification Corp (REC), a state-owned backer of India's power sector,...
PUBLISHED Apr 21, 2017 05:50 AM

Abu Dhabi's Taqa to sell wells in N America following record loss

ABU Dhabi National Energy Co, the government-run company known as Taqa, is generating...
PUBLISHED Apr 21, 2017 05:50 AM

Rio Tinto's copper output slumps on Chile strike

MINING giant Rio Tinto reported a plunge in its copper output on Thursday as a strike in...
PUBLISHED Apr 21, 2017 05:50 AM

Alcoa returns to Pittsburgh as CEO streamlines company

ALCOA Corp is giving up the glamour of New York City and going back to Pittsburgh, as new...
PUBLISHED Apr 21, 2017 05:50 AM

TECHNOLOGY

Bose headphones listening in on users: lawsuit

BOSE knows what you're listening to...
PUBLISHED Apr 21, 2017 05:50 AM

US tech firms urge court to toss out Trump travel ban

SCORES of technology firms including Amazon, Facebook, Google and Microsoft on Wednesday...
PUBLISHED Apr 21, 2017 05:50 AM

Facebook is working on reading your mind

FACEBOOK wants to read your mind - at least, when it comes to what you would like to say...
PUBLISHED Apr 21, 2017 05:50 AM

Slow computers, obsolete IT demoralise workers: poll

IT was the third hour of doing nothing that broke James Scott. The 25-year-old researcher...
PUBLISHED Apr 21, 2017 05:50 AM
EDITORIAL

Cyber risk governance must take centre stage at companies

THE digital revolution has heralded great benefits, but the scourge of cyber crime is...
PUBLISHED Apr 21, 2017 05:50 AM

CONSUMER

Bose headphones listening in on users: lawsuit

BOSE knows what you're listening to...
PUBLISHED Apr 21, 2017 05:50 AM

Silicon Valley's US$400 juicer may be feeling the squeeze

ONE of the most lavishly funded gadget startups in Silicon Valley last year was Juicero...
PUBLISHED Apr 21, 2017 05:50 AM

Bugs for dinner? Aussie food trend grows legs

WITH a twist of lime and a dash of salt, Sydney chef Nowshad Alam Rasel flavours a hot...
PUBLISHED Apr 21, 2017 05:50 AM
COMMENTARY

Trump needs to declare war on US pharmas' drug-pricing abuses

ONE of Donald Trump's few universally welcomed campaign promises was to do something...
PUBLISHED Apr 21, 2017 05:50 AM

TRANSPORT

Federal teams up with China Merchant unit to bid for O&G projects in Indonesia

OILFIELD services provider Federal International (2000) and China Merchants Industry...
PUBLISHED Apr 21, 2017 05:50 AM

Ziwo associate, partners to invest 10m yuan in electric-vehicle chargers venture

AN associate company of mainboard-listed Ziwo Holdings and its partners will invest 10...
PUBLISHED Apr 21, 2017 05:50 AM

VietJet shareholders okay higher foreign cap

VIETJET Aviation Joint Stock Co, which controls almost half of Vietnam's domestic...
PUBLISHED Apr 21, 2017 05:50 AM

China's SAIC puts US export plan on hold

SAIC Motor Corp, China's biggest carmaker by sales, has halted a plan to export its...
PUBLISHED Apr 21, 2017 05:50 AM

GM says its Venezuelan plant seized illegally

GENERAL Motors said on Wednesday that Venezuelan authorities had illegally seized its...
PUBLISHED Apr 21, 2017 05:50 AM

US airlines set to gain as Emirates pares flights to US

US airlines stand to benefit from flight cutbacks by Dubai-based Emirates, which blamed...
PUBLISHED Apr 21, 2017 05:50 AM

GOVERNMENT & ECONOMY

Japan manufacturers' confidence at highest since 2007: survey

CONFIDENCE among Japan's manufacturers climbed to the highest since the global...
PUBLISHED Apr 21, 2017 05:50 AM

China's New Silk Road must be open to Europeans: Mogherini

PROJECTS along China's New Silk Road must be open to Europeans, the European Union...
PUBLISHED Apr 21, 2017 05:50 AM

Germany defends trade surplus before IMF, World Bank meetings

GERMANY on Thursday pushed back against US criticism of its trade surplus, saying ahead...
PUBLISHED Apr 21, 2017 05:50 AM

It's dark days of 1980s again for British opposition party

A FEMALE prime minister calls an election when the opposition is divided, squabbling over...
PUBLISHED Apr 21, 2017 05:50 AM

Finding opportunities in key risks to global stock markets

GLOBAL stock markets might be on the edge of a cliff. Here are 20 key risks that could...
PUBLISHED Apr 21, 2017 05:50 AM

DINING OUT

Classy food that hits the spot

28 WILKIE is styled as a caviar bar but doesn't feel like one. There's no need...
PUBLISHED Apr 21, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Haircuts are now a necessary evil in O&M sector's notes restructuring

THE plight of a largely retail-based Singdollar noteholder community with exposure to...
PUBLISHED Apr 21, 2017 05:50 AM

Will anti-immigration be Trump's last stand?

PRESIDENT Donald Trump's nationalist fans are not a happy bunch these days. The...
PUBLISHED Apr 21, 2017 05:50 AM
THE BOTTOM LINE

Singapore property market: Get ready for the upturn

NEAR the peak of the property cycle in 2013, I recall walking into a showroom one...
PUBLISHED Apr 21, 2017 05:50 AM
EDITORIAL

Cyber risk governance must take centre stage at companies

THE digital revolution has heralded great benefits, but the scourge of cyber crime is...
PUBLISHED Apr 21, 2017 05:50 AM

Finding opportunities in key risks to global stock markets

GLOBAL stock markets might be on the edge of a cliff. Here are 20 key risks that could...
PUBLISHED Apr 21, 2017 05:50 AM
COMMENTARY

Trump's State Department budget cuts alienating many

THE Trump administration is severely curtailing the soft power component of American...
PUBLISHED Apr 21, 2017 05:50 AM
COMMENTARY

Trump needs to declare war on US pharmas' drug-pricing abuses

ONE of Donald Trump's few universally welcomed campaign promises was to do something...
PUBLISHED Apr 21, 2017 05:50 AM

Lifestyle

Getting into the groove for RSD

ONE of Singapore's most popular record stores Hear will be paying tribute to local...
PUBLISHED Apr 21, 2017 05:50 AM

A more modest fest before Ong exits

WE never make the festival safe - the only constant is that we don't have a template...
PUBLISHED Apr 21, 2017 05:50 AM

Add to 100 years of our history

CROWDSOURCING isn't always about money. For one of the latest projects by National...
PUBLISHED Apr 21, 2017 05:50 AM

A fuzzy postcard from the past

TROPICANA, billed as a musical about "sexy Sixties Singapore", turns out to be...
PUBLISHED Apr 21, 2017 05:50 AM

The many perils of a quixotic quest

IN 1906, British explorer-cum-army officer Colonel Percy Fawcett is sent by the Royal...
PUBLISHED Apr 21, 2017 05:50 AM

Megadeth returns to form

MEGADETH'S outspoken frontman Dave Mustaine is surprisingly affable in an email...
PUBLISHED Apr 21, 2017 05:50 AM

Fighting for control over a child prodigy's fate

MARC Webb launched The Amazing Spider-Man series, introducing Andrew Garfield as the web-...
PUBLISHED Apr 21, 2017 05:50 AM

This sadistic western is not for the faint-hearted

WITH blood and gore oozing from virtually every frame, Brimstone, a brutally sadistic and...
PUBLISHED Apr 21, 2017 05:50 AM

Classy food that hits the spot

28 WILKIE is styled as a caviar bar but doesn't feel like one. There's no need...
PUBLISHED Apr 21, 2017 05:50 AM

Pioneer in bringing burgundies to America

WHEN Martine Saunier began importing French wine to the US nearly half a century ago, she...
PUBLISHED Apr 21, 2017 05:50 AM
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