Thursday, May 18, 2017
TOP STORIES
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Singapore expatriate packages among the highest in region, survey finds
COMPANIES sending their expatriates to Singapore offer some of the most generous...
PUBLISHED May 18, 2017 05:50 AM
Multiple paths to enact EU-Singapore FTA, future Singapore-UK trade ties
THE next steps that Singapore and the European Union (EU) take in ratifying a proposed...
PUBLISHED May 18, 2017 05:50 AM
Singapore companies are upbeat about economic expansion: Amex survey
OPTIMISM about economic expansion has increased significantly among Singapore finance...
PUBLISHED May 18, 2017 05:50 AM
Protectionism fears should not prompt portfolio shifts: UBS
EVEN during this period of greatest uncertainty brought by fears of more trade...
PUBLISHED May 18, 2017 05:50 AM
Pipe jacking increasingly tapped to install segments of PUB's underground network
TO MEET the challenge of expanding water infrastructure within a highly urban setting,...
PUBLISHED May 18, 2017 05:50 AM
3D Metalforge opens additive manufacturing centre
HOMEGROWN company 3D Metalforge Pte Ltd unveiled its first end-to-end metal additive...
PUBLISHED May 18, 2017 05:50 AM
GIC sells entire 3.4% stake in Swiss dental equipment maker Straumann Holding
SINGAPORE sovereign wealth fund GIC has fully divested its 3.4 per cent stake in dental...
PUBLISHED May 18, 2017 05:50 AM
Japan and New Zealand hope to secure abridged TPP agreement by November
JAPAN is hoping to secure agreement before the end of this year from other members of the...
PUBLISHED May 18, 2017 05:50 AM
Najib puts new team in place for Bandar Malaysia
PRIME Minister Najib Razak has put a new team in charge of the development of Bandar...
PUBLISHED May 18, 2017 05:50 AM
MAS to appeal for higher penalties in couple's High Court case
THE Monetary Authority of Singapore (MAS) is going to court to seek an increase in...
PUBLISHED May 18, 2017 05:50 AM
COMPANIES & MARKETS
HOCK LOCK SIEW
Noble-Iceberg saga lessons: Part 2
FEW in the market might remember this, but when research firm and self-proclaimed whistle...
PUBLISHED May 18, 2017 05:50 AM
Marco Polo Marine's shipyard unit seeks stay on creditor claims
THE shipyard unit of troubled offshore and marine group Marco Polo Marine is seeking a...
PUBLISHED May 18, 2017 05:50 AM
Injunction against Rickmers fleet sale withdrawn
THE noteholder who filed an application for an injunction against Rickmers Maritime'...
PUBLISHED May 18, 2017 05:50 AM
Aspial to spin off property arm in Catalist listing
ASPIAL Corp is spinning off its property development arm in a listing on the Singapore...
PUBLISHED May 18, 2017 05:50 AM
No big mergers on the cards for now: Deutsche Boerse CEO
BIG stock exchange mergers are currently off the table for German stock exchange operator...
PUBLISHED May 18, 2017 05:50 AM
Hatten Land all set to spread its wings abroad
CATALIST-LISTED Hatten Land is ready not only to venture beyond Malacca in Malaysia but...
PUBLISHED May 18, 2017 05:50 AM
STOCKS
Market resilient to US political concerns
THE local stock market on Wednesday shrugged off political worries surrounding the Trump...
PUBLISHED May 18, 2017 05:50 AM
Brokers' take
AFTER two years of earnings disappointments, we are seeing nascent signs of an earnings...
PUBLISHED May 18, 2017 05:50 AM
CURRENCIES
Yen, Swiss franc hit multi-week highs
THE yen rose to its highest in two weeks and the Swiss franc hit a seven-week high...
PUBLISHED May 18, 2017 05:50 AM
StanChart 'asked to buy back Phoon Huat stake'
STANDARD Chartered plc, the lender trying to wind down its private-equity unit, faces...
PUBLISHED May 18, 2017 05:50 AM
COMMENTARY
Social media: Unlikely culprit for the death of volatility?
MARK Mobius, the executive chairman of Templeton Emerging Markets Group, reckons he'...
PUBLISHED May 18, 2017 05:50 AM
China's Tencent beats expectations to post 58% jump in Q1 profit
TENCENT Holdings Ltd, China's biggest gaming and social media firm by revenue,...
PUBLISHED May 18, 2017 05:50 AM
Corporate digest
ELLIOTT Asset Management LLC has emerged as a new substantial shareholder of Global...
PUBLISHED May 18, 2017 05:50 AM
REAL ESTATE
2/3 of 17 Leedon Park being sold for about S$43m
TWO-THIRD of a sprawling 46,879 sq ft freehold site in the Leedon Park Good Class...
PUBLISHED May 18, 2017 05:50 AM
Granite Reit to name new directors amid opposition
GRANITE Real Estate Investment Trust, Canada's largest industrial real estate firm,...
PUBLISHED May 18, 2017 05:50 AM
Henderson Land buys car park for record HK$23.3b
HENDERSON Land Development Co outbid eight other developers and will pay a record HK$23.3...
PUBLISHED May 18, 2017 05:50 AM
BANKING & FINANCE
Corporate bond yields rise as market fears eventual end to BOJ buying
YIELDS are rising in Japan's tiny corporate bond market as traders pre-emptively...
PUBLISHED May 18, 2017 05:50 AM
Goldman builds China financial-stress index and, yes, it's risen
WITH China's leadership focused anew on curbing the economy's leverage, Goldman...
PUBLISHED May 18, 2017 05:50 AM
ENERGY & COMMODITIES
China skews world corn supply but shows promise in longer term
THE corn market's initial excitement over projections for a hefty cut to next year...
PUBLISHED May 18, 2017 05:50 AM
India's wheat imports slow as traders grapple with unsold stocks
INDIA'S wheat imports have slowed in recent weeks as good quality domestic crops...
PUBLISHED May 18, 2017 05:50 AM
TECHNOLOGY
Making babies from skin cells? Trials in mice raise questions
NEARLY 40 years after the world was jolted by the birth of the first test-tube baby,...
PUBLISHED May 18, 2017 05:50 AM
Hackers mine 'currency' with technique embedded in WannaCry virus
A COMPUTER virus that exploits the same vulnerability as the global "ransomware...
PUBLISHED May 18, 2017 05:50 AM
CONSUMER
Amazon set to lead Australian online market as rival pulls IPO
EVEN before Amazon sets up shop in Australia, the online giant is hurting its biggest...
PUBLISHED May 18, 2017 05:50 AM
China's top pig farmer pushes into meat processing
CHINA'S top pig farmer Guangdong Wen's Foodstuff Group is pushing into...
PUBLISHED May 18, 2017 05:50 AM
Chanel's boomerang hit by cultural appropriation, exploitation accusations
ANOTHER day, another brand being called out on social media for a misbegotten product.
PUBLISHED May 18, 2017 05:50 AM
US teenager dies of caffeine overdose from drinks
A COFFEE, a caffeinated drink and an energy soda proved a deadly combination for a South...
PUBLISHED May 18, 2017 05:50 AM
TRANSPORT
Carmakers face uncertain future with slump in global demand
THE world's car industry just hit a pothole...
PUBLISHED May 18, 2017 05:50 AM
Two Norway firms to build world's first fully autonomous cargo ship
IT SOUNDS like a ghost story: A huge cargo vessel sails up and down the Norwegian coast,...
PUBLISHED May 18, 2017 05:50 AM
Boeing delivers first 737 Max to Lion Mentari
BOEING Co delivered the first 737 Max to the jetliner's largest customer, Lion...
PUBLISHED May 18, 2017 05:50 AM
GOVERNMENT & ECONOMY
Indonesia gives tax office wider access to financial data
INDONESIAN President Joko Widodo has signed a new regulation giving tax authorities...
PUBLISHED May 18, 2017 05:50 AM
Fed may start reducing bond holdings slowly
IF you thought the Federal Reserve's interest-rate increases have been gradual, wait...
PUBLISHED May 18, 2017 05:50 AM
Eurozone's recovery remains on track: ECB
AN increase in long-term bond yields hasn't affected the policy stance of the...
PUBLISHED May 18, 2017 05:50 AM
Ultra-easy monetary policy to continue: BOJ
BANK of Japan (BOJ) governor Haruhiko Kuroda said he told premier Shinzo Abe that the...
PUBLISHED May 18, 2017 05:50 AM
City in centre of India poised to become major logistics hub
THE city known as zero mile in India is finally in the right place at the right time.
PUBLISHED May 18, 2017 05:50 AM
Brexit talks can't be secret, EU says in transparency push
THE European Union (EU) is refusing to allow the upcoming Brexit talks to take place in...
PUBLISHED May 18, 2017 05:50 AM
UK workers suffer first pay squeeze since 2014
BRITISH pay growth lagged inflation for the first time in two-and-a-half years in early...
PUBLISHED May 18, 2017 05:50 AM
Putin offers US Congress details of Trump meeting with Russian envoys
RUSSIAN President Vladimir Putin said on Wednesday he would be willing to provide the US...
PUBLISHED May 18, 2017 05:50 AM
Macron mixes political hues to address right-left French divide
NEWLY inaugurated centrist French president Emmanuel Macron chose his government on...
PUBLISHED May 18, 2017 05:50 AM
Moon warns of clashes with North
SOUTH Korean President Moon Jae-In warned on Wednesday there was a "high possibility...
PUBLISHED May 18, 2017 05:50 AM
LIFE & CULTURE
World's most famous cinema turns 90
SHIRLEY Temple did it barefoot. Mel Brooks wore an extra finger. Whoopi Goldberg buried...
PUBLISHED May 18, 2017 05:50 AM
Blacklisted S Korean director hits it big
ONLY a few months ago South Korean director Bong Joon-Ho was on a government blacklist...
PUBLISHED May 18, 2017 05:50 AM
Letterman awarded Mark Twain Prize for American Humor
DAVID Letterman, the longest-running host of late-night TV in US history, has been chosen...
PUBLISHED May 18, 2017 05:50 AM
OPINION
EDITORIAL
Back to the future: 21st-century farming comes to Singapore
IT'S pretty obvious why news last week that Singapore will be freeing up land for...
PUBLISHED May 18, 2017 05:50 AM
Trump's Middle East mission impossible?
DURING the 2016 presidential election campaign, Candidate Donald Trump never stopped...
PUBLISHED May 18, 2017 05:50 AM
THE BOTTOM LINE
Dynamics in the Korean Peninsula shifting
THE election of Moon Jae-in as South Korea's president marks the re-emergence of a...
PUBLISHED May 18, 2017 05:50 AM
Maritime sector needs help to ride out storm
THE raging and persistent turbulence in the maritime sector has destabilised not only...
PUBLISHED May 18, 2017 05:50 AM
COMMENTARY
Why the world is watching Iran's election
IRAN'S landmark presidential election on Friday could have hugely significant...
PUBLISHED May 18, 2017 05:50 AM
BREAKING NEWS
Seoul: Stocks slump, won weakens, but both post weekly gains
[SEOUL] South Korea's KOSPI stock index weakened on Friday after rising 1.3 per cent during the past two sessions...
Hong Kong home owners now a minority as prices keep on rising
[HONG KONG] For the first time in almost two decades, home owners are in the minority in Hong Kong, underlining the...
Australia shares down as materials rally loses momentum; NZ down
BENGALURA] Australian shares broke a five-day winning streak on Friday as the recent rally in material stocks paused...
Tokyo: Stocks end flat as attention shifts to earnings
[TOKYO] Tokyo stocks closed flat in sluggish trading on Friday after drops on Wall Street, as investors waited for...
Grab launches GrabShuttle school-bus service
RIDE-sharing app Grab has launched a new shuttle service for students and school staff in Singapore, touting it as a...
Emas Offshore succeeds in appeal against Oslo delisting
EMAS Offshore's appeal against being delisted from the Oslo Stock Exchange has succeeded, the offshore gas and oil...
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