Monday, May 15, 2017

TOP STORIES

Higher Q1 profits meet analysts' forecasts, but valuations still lofty

FIRST-quarter corporate earnings met analysts' expectations with the banks turning...
PUBLISHED May 15, 2017 05:50 AM

Business sentiment in Singapore improves in Q1

BUSINESS sentiment in Singapore improved in the first quarter of 2017, on the back of...
PUBLISHED May 15, 2017 05:50 AM

More Asean companies tapping US$ bond markets as they go offshore

SOUTH-EAST Asia's companies are tapping more funds in the international market, a...
PUBLISHED May 15, 2017 05:50 AM
WALL STREET INSIGHT

It's calm on Wall Street - too calm, according to some strategists

US stocks were more or less flat last week, and many global stock markets floated, almost...
PUBLISHED May 15, 2017 05:50 AM

China pledges US$124b for new Silk Road as champion of globalisation

CHINESE President Xi Jinping pledged US$124 billion on Sunday for his ambitious new Silk...
PUBLISHED May 15, 2017 05:50 AM

HPE bullish on growth, will deepen S'pore ties

HEWLETT Packard Enterprise (HPE) will continue to deepen its partnership with Singapore...
PUBLISHED May 15, 2017 05:50 AM
NEWS ANALYSIS

HK growth may taper off in coming quarters, warn analysts

THE numbers from Hong Kong's latest quarterly economic report may seem like a cause...
PUBLISHED May 15, 2017 05:50 AM
COMPANY OF GOOD

Jardine Matheson lends its heft to mental health cause

JANA had been suffering from depression for about six years when she found a temporary...
PUBLISHED May 15, 2017 05:50 AM
MONDAY MULTIPLE

Investing, come what May

MAY is the season of spring, of hope, when a long winter fades and green leaves begin...
PUBLISHED May 15, 2017 05:50 AM

GSS taps tech to make S'pore sale great again

AMID a softened retail market, the 24th edition of the Great Singapore Sale (GSS) hopes...
PUBLISHED May 15, 2017 05:50 AM

COMPANIES & MARKETS

TOPLINE

Giving precision its name

DEEP inside an industrial building in Kaki Bukit is a S$500,000 machine that is used just...
PUBLISHED May 15, 2017 05:50 AM

Heeton's Q1 profit falls 56% to S$2.6m

HEETON Holdings' first-quarter net profit fell 55.9 per cent to S$2.56 million in...
PUBLISHED May 15, 2017 05:50 AM

Rickmers bondholder seeks to stop vessel sales

A BONDHOLDER of Rickmers Maritime Trust is seeking an injunction to halt the sale of...
PUBLISHED May 15, 2017 05:50 AM

Tapping Myanmar's growth potential

MARK Bedingham is driven by an insatiable curiosity.
PUBLISHED May 15, 2017 05:50 AM
WARRANTS A LOOK

DFI warrants have time on their side

FOR those who are risk averse yet wouldn't mind dabbling in warrants because of the...
PUBLISHED May 15, 2017 05:50 AM
STOCKS

US politics may keep investors wary

ONE should expect little inspiration to energise the local bourse at the start of the...
PUBLISHED May 15, 2017 05:50 AM
COMMODITIES

Platinum weaker as miners meet in London

IT'S more than a decade since miners and traders have met at London's annual...
PUBLISHED May 15, 2017 05:50 AM
CURRENCIES

Dollar bulls approaching square one again after strong rally

AFTER profiting from a world-beating rally, dollar bulls find themselves at risk of being...
PUBLISHED May 15, 2017 05:50 AM
INSIDE INSIGHTS

OCBC starts buybacks under new mandate

The four trading sessions spanning May 5 to May 11 saw the Straits Times Index (STI) add...
PUBLISHED May 15, 2017 05:50 AM

REAL ESTATE

London landlord home sales slump on tax changes

JENNIFER Pickford, a 39-year-old owner of four London rental properties, is not only...
PUBLISHED May 15, 2017 05:50 AM

May pledges new right-to-buy plan to boost UK social housing

UK Prime Minister Theresa May pledged a new right-to-buy programme for social housing in...
PUBLISHED May 15, 2017 05:50 AM

HK curbs lending to developers as risks soar

THE Hong Kong Monetary Authority (HKMA) has tightened limits on bank loans to property...
PUBLISHED May 15, 2017 05:50 AM

Foreclosed home sales in US to come under closer scrutiny

LAWMAKERS are pressing the nation's housing regulator over the sale of thousands of...
PUBLISHED May 15, 2017 05:50 AM

A minor meltdown that's left Canada looking frail

THE story Canada has been telling itself about its economy is starting to sound like...
PUBLISHED May 15, 2017 05:50 AM

BANKING & FINANCE

Anthem ends battle for Cigna after court ruling

ANTHEM Inc's nearly two-year effort to buy rival insurer Cigna Corp is officially...
PUBLISHED May 15, 2017 05:50 AM

Lawyer regulates banking industry he spent his career protecting

A LAWYER who spent much of his career protecting banks in the United States is now in...
PUBLISHED May 15, 2017 05:50 AM

Concerns rising as valuations in high-yield market get stretched

ALARM bells have started to ring at the increasingly stretched valuations in the high-...
PUBLISHED May 15, 2017 05:50 AM

Brexit threatening London's place as banking hub

FROM a skyscraper in Canary Wharf, the once-bustling cluster of docks transformed into a...
PUBLISHED May 15, 2017 05:50 AM

ENERGY & COMMODITIES

Mexico's wind turbines seeping oil

WIND turbines were planted along a strip of Mexico's southern coast to make the...
PUBLISHED May 15, 2017 05:50 AM

Canada's largest petrol station owner may set sights on the US next

IN the past five years, Parkland Fuel Corp has more than tripled its market value by...
PUBLISHED May 15, 2017 05:50 AM

TECHNOLOGY

Top enabler of change

THIS WEEK'S TOPIC: In what ways has your organisation used artificial intelligence?...
PUBLISHED May 15, 2017 05:50 AM

Trading group seeks to win the 'microseconds' war

IT WAS an odd transaction from the outset: US$14 million, double the going rate, for a 12...
PUBLISHED May 15, 2017 05:50 AM

Small, quiet Montana city fast becoming a startup hub

IT'S small, quiet and out of the way. It's Bozeman, Montana and, according to...
PUBLISHED May 15, 2017 05:50 AM

New versions of ransomware worm expected worldwide

TECHNICAL staff scrambled on Sunday to patch computers and restore infected ones, amid...
PUBLISHED May 15, 2017 05:50 AM

CONSUMER

Turbulent decade for Bordeaux ends with a new 2016 high

BORDEAUX estates are starting to price their 2016 wines for release to the international...
PUBLISHED May 15, 2017 05:50 AM

Richemont cautious after fall in watch sales dents results

CARTIER owner Richemont expects trading to remain volatile after net profit slid more...
PUBLISHED May 15, 2017 05:50 AM

LVMH sees timing as key in high-stakes foray into multi-brand luxury e-commerce

IAN Rogers, chief digital officer of LVMH Moet Hennessy Louis Vuitton, sat in his sunlit...
PUBLISHED May 15, 2017 05:50 AM

TRANSPORT

US used-car glut good news for dealers, buyers

THREE years ago, if a customer walked onto Dan Reel's used-car lot seeking a late-...
PUBLISHED May 15, 2017 05:50 AM

Boeing's 737 Max returns to flight as plane delivery looms

BOEING Co resumed flights of its new 737 Max jetliners on a limited basis, setting the...
PUBLISHED May 15, 2017 05:50 AM

Eurostar taps surge in UK business travel as Brexit blues fade

EUROSTAR International said worries about the Brexit vote are fading as business bookings...
PUBLISHED May 15, 2017 05:50 AM

Ontario agency spurns Bombardier for France's Alstom

ONE of Bombardier Inc's biggest domestic customers spurned it for a French rival,...
PUBLISHED May 15, 2017 05:50 AM

GOVERNMENT & ECONOMY

New versions of ransomware worm expected worldwide

TECHNICAL staff scrambled on Sunday to patch computers and restore infected ones, amid...
PUBLISHED May 15, 2017 05:50 AM

BOJ's exit strategy - out of the frying pan and into the fire

BANK of Japan (BOJ) governor Haruhiko Kuroda may have opened a Pandora's box by...
PUBLISHED May 15, 2017 05:50 AM

China craves foreign goods; students in Australia supply them

ZHANG Yuan's business started with favours for relatives: an aunt who wanted baby...
PUBLISHED May 15, 2017 05:50 AM

Macron's win adds to Poland's worries about its place in EU

WHILE the election of Emmanuel Macron as French president with a vision of closer...
PUBLISHED May 15, 2017 05:50 AM

France's youngest president takes charge of a divided country

EMMANUEL Macron became the youngest president of France on Sunday, leading a country...
PUBLISHED May 15, 2017 05:50 AM

Brexit threatening London's place as banking hub

FROM a skyscraper in Canary Wharf, the once-bustling cluster of docks transformed into a...
PUBLISHED May 15, 2017 05:50 AM

Melbourne undergoes a renaissance

ITS weather can be depressing, the beaches uninviting and it lacks a mining industry to...
PUBLISHED May 15, 2017 05:50 AM

A minor meltdown that's left Canada looking frail

THE story Canada has been telling itself about its economy is starting to sound like...
PUBLISHED May 15, 2017 05:50 AM

Indonesian maids now paid to take jobs abroad, activists say

PEOPLE smugglers are increasingly paying rural Indonesians cash to persuade them to work...
PUBLISHED May 15, 2017 05:50 AM

Red tape, taxes, bribes put brakes on Make In India drive

WHEN Saurabh Ahuja tried to import a US$600 3D printer for manufacturing drones in his...
PUBLISHED May 15, 2017 05:50 AM

Analysts see features in China helping to soothe credit bubble concerns

SOME economists fear the consequences of China's credit bubble. Others such as Simon...
PUBLISHED May 15, 2017 05:50 AM

Chemist who sought to bring LSD to the world dies at 75

ONE day in 1964, Nicholas Sand, a Brooklyn-born son of a spy for the Soviet Union, took...
PUBLISHED May 15, 2017 05:50 AM

LIFE & CULTURE

Washington home to America's super-rich

WEALTH in America's Washington state is being redefined, as the region's modest...
PUBLISHED May 15, 2017 05:50 AM

Portugal wins Eurovision contest for first time

PORTUGAL won the Eurovision Song Contest for the first time on Sunday with a melancholy...
PUBLISHED May 15, 2017 05:50 AM

Hamilton wins thrilling Spanish Grand Prix

LEWIS Hamilton roared back into serious contention for a fourth drivers' world title...
PUBLISHED May 15, 2017 05:50 AM

VIEWS FROM THE TOP

Top enabler of change

THIS WEEK'S TOPIC: In what ways has your organisation used artificial intelligence?...
PUBLISHED May 15, 2017 05:50 AM
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