Thursday, May 18, 2017

TOP STORIES

Pharma derails exports growth; but April dip seen as temporary blip

ONCE again, the volatile pharmaceuticals sector proved to be the spoiler for Singapore...
PUBLISHED May 18, 2017 05:50 AM

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

STOCKS

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

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

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

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

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

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

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

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

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

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

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

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

LIFE & CULTURE

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

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

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
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
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
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