Wednesday, Jun 14, 2017

TOP STORIES

Job market in Q1 stays weak but with pockets of optimism

THE job market remained weak in the first quarter of the year, but not as weak as earlier...
PUBLISHED Jun 14, 2017 05:50 AM

Surge in global household debt fuels concern: IIF

A NEW international debt crisis, many believe, could be triggered by high levels of...
PUBLISHED Jun 14, 2017 05:50 AM

Toil, and trouble?

Key indicators in Singapore's Labour Market Report for Q1 2017 improved from earlier...
PUBLISHED Jun 14, 2017 05:50 AM

SPH, Kajima in top bid for maiden Bidadari site

THE much-coveted Bidadari commercial and residential site garnered 12 bids on Tuesday...
PUBLISHED Jun 14, 2017 05:50 AM

S'pore property, Asia looking up: Fidelity

SINGAPORE property is starting on a long uptrend, said a top executive at Fidelity...
PUBLISHED Jun 14, 2017 05:50 AM

New player riding on insurtech joins local life insurance market

RIDING on the fintech and insurtech wave sweeping Singapore shores, newcomer Singapore...
PUBLISHED Jun 14, 2017 05:50 AM

Deutsche goes for growth in Asia with 50 staff hires out of 100 worldwide

DEUTSCHE Bank Wealth Management has plans to be among the top five players in the Asia-...
PUBLISHED Jun 14, 2017 05:50 AM

Malaysia's tourism tax raises questions of implementation

MALAYSIA'S new tourism tax looms in two weeks but how it will be implemented remains...
PUBLISHED Jun 14, 2017 05:50 AM

Fed set to raise interest rates, give more detail on balance sheet wind-down

THE US Federal Reserve is widely expected to raise its benchmark interest rate this week...
PUBLISHED Jun 14, 2017 05:50 AM

Treasury Department calls for major revamp of Wall Street rules

THE Trump administration laid out its highly anticipated plan for overhauling bank rules...
PUBLISHED Jun 14, 2017 05:50 AM

GE's new chief caps a 30-year trip to the top

HE is the quintessential company man.
PUBLISHED Jun 14, 2017 05:50 AM

STOCKS

STOCKS

Market steady on bank stocks' rebound and rise in Dow futures

LARGE rebounds in the three bank stocks and a firm day for the Dow futures on Tuesday...
PUBLISHED Jun 14, 2017 05:50 AM

Brokers' take

While we think its fundamentals remain intact, much of the positives have been priced in...
PUBLISHED Jun 14, 2017 05:50 AM
CURRENCIES

Canadian dollar up on prospect of rate hike

CANADA'S dollar hit a two-month high on Tuesday after the Canadian central bank...
PUBLISHED Jun 14, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Why is there a lack of research coverage for 'disruptive' companies?

SINGAPORE Exchange (SGX) has, in the last two years, been aggressively wooing the...
PUBLISHED Jun 14, 2017 05:50 AM

ICBC Singapore, Surbana ink cash management deals

ICBC Singapore on Tuesday said it has signed a global cash management agreement with...
PUBLISHED Jun 14, 2017 05:50 AM

GIC pledges US$100m to ex-employee's hedge fund: sources

GIC has committed up to US$100 million to a hedge fund started by David Mercurio, a...
PUBLISHED Jun 14, 2017 05:50 AM

Corporate digest

LORENZO International said after trading closed on Tuesday that its indirect wholly owned...
PUBLISHED Jun 14, 2017 05:50 AM

Investor appetite for small caps has doubled: survey

GLOBAL investor appetite for small caps has doubled this year from 2016 despite short-...
PUBLISHED Jun 14, 2017 05:50 AM

IPS Securex wins S$10.4m contract

CATALIST-listed security firm IPS Securex Holdings said on Tuesday that its unit IPS...
PUBLISHED Jun 14, 2017 05:50 AM

Chef-in-Box VendCafe launches outlet at Ang Mo Kio station

JR Group's Chef-in-Box VendCafe - a hot-food vending machine cafe in Singapore - has...
PUBLISHED Jun 14, 2017 05:50 AM

Boustead unit launches startup programme

MAINBOARD-listed engineering company Boustead Singapore's geospatial subsidiary Esri...
PUBLISHED Jun 14, 2017 05:50 AM
COMPANY OF GOOD

Spreading the word on nutrition

HAVING regular meals isn't necessarily a reflection of a nourished diet. Knowing...
PUBLISHED Jun 14, 2017 05:50 AM
STOCKS

Market steady on bank stocks' rebound and rise in Dow futures

LARGE rebounds in the three bank stocks and a firm day for the Dow futures on Tuesday...
PUBLISHED Jun 14, 2017 05:50 AM

Brokers' take

While we think its fundamentals remain intact, much of the positives have been priced in...
PUBLISHED Jun 14, 2017 05:50 AM
CURRENCIES

Canadian dollar up on prospect of rate hike

CANADA'S dollar hit a two-month high on Tuesday after the Canadian central bank...
PUBLISHED Jun 14, 2017 05:50 AM

REAL ESTATE

Resale condo prices up 0.4% in May: SRX

RESALE prices of private non-landed homes in Singapore rose 0.4 per cent in May, led by...
PUBLISHED Jun 14, 2017 05:50 AM

Location of rubbish chute leaves some HDB buyers in the funk

THE location of a rubbish chute has sent a small group of prospective Build-to-Order (BTO...
PUBLISHED Jun 14, 2017 05:50 AM

The Albracca up for collective sale with S$62-65m asking price

THE Albracca, an 11-unit residential development along Meyer Road in Marine Parade, has...
PUBLISHED Jun 14, 2017 05:50 AM

Trump man goes down-market in new hotel push

ERIC Danziger wears a pin on his suit lapel that sends a subtle message to the US Secret...
PUBLISHED Jun 14, 2017 05:50 AM

BANKING & FINANCE

ICBC Singapore, Surbana ink cash management deals

ICBC Singapore on Tuesday said it has signed a global cash management agreement with...
PUBLISHED Jun 14, 2017 05:50 AM

US mobile banking service Zelle takes on cash

THE days of cash as king may be a step closer to ending. After six years of laying a...
PUBLISHED Jun 14, 2017 05:50 AM

Goldman Sachs stalwart to start own India fund

THE fund manager who set up Goldman Sachs Group Inc's India-focused equity fund in...
PUBLISHED Jun 14, 2017 05:50 AM

EU to unveil post-Brexit rules seen as big blow to London

THE EU on Tuesday is to unveil new rules that could require a huge slice of London's...
PUBLISHED Jun 14, 2017 05:50 AM

Allied Irish Banks could be valued at US$14.9 billion in IPO

THE Irish government on Monday announced a price range for Allied Irish Banks that could...
PUBLISHED Jun 14, 2017 05:50 AM

ENERGY & COMMODITIES

Finland works with communities to bury nuclear reactor waste

BENEATH a forested patch of land on the Gulf of Bothnia, at the bottom of a steep tunnel...
PUBLISHED Jun 14, 2017 05:50 AM

India palm oil imports seen rising for fourth month on low price

INDIA'S palm oil purchases probably climbed for a fourth straight month in May as a...
PUBLISHED Jun 14, 2017 05:50 AM

TECHNOLOGY

Boustead unit launches startup programme

MAINBOARD-listed engineering company Boustead Singapore's geospatial subsidiary Esri...
PUBLISHED Jun 14, 2017 05:50 AM

How Uber's chief is gaining even more control in the company

TRAVIS Kalanick, chief executive of Uber, wields plenty of control over the company...
PUBLISHED Jun 14, 2017 05:50 AM

Uber's 'A-Team' falls apart with exec's exit

FOR years, Travis Kalanick, Uber's chief executive, had his own personal "A-...
PUBLISHED Jun 14, 2017 05:50 AM

Apple, Dell joining Foxconn's bid for Toshiba chip business

APPLE Inc and computing giant Dell Inc will join a Foxconn-led consortium bidding for...
PUBLISHED Jun 14, 2017 05:50 AM

Cyber firms warn of malware that could cause power outages

TWO cybersecurity firms have uncovered malicious software that they believe caused a...
PUBLISHED Jun 14, 2017 05:50 AM

CONSUMER

US organic trade body forms unit to tackle fraud

THE organic industry in the United States is creating an anti-fraud task force following...
PUBLISHED Jun 14, 2017 05:50 AM

Crisis deepening at loss-making French fashion house Lanvin, say sources

THE crisis facing France's oldest fashion brand Lanvin is deepening, with sales...
PUBLISHED Jun 14, 2017 05:50 AM

EpiPen fallout builds as adviser backs dumping Mylan board

MYLAN faces an increasing backlash over its handling of the EpiPen pricing controversy,...
PUBLISHED Jun 14, 2017 05:50 AM

TRANSPORT

STRAIT TALK

Is shipping 'behind the curve' on human rights?

IT IS almost unbelievable that in the 21st century we should be talking about "...
PUBLISHED Jun 14, 2017 05:50 AM

New York speeding up road projects ahead of Penn Station emergency repairs

GOVERNOR Andrew Cuomo is accelerating construction on New York bridges and tunnels so...
PUBLISHED Jun 14, 2017 05:50 AM

Hyundai unveils new small SUV for advanced markets

HYUNDAI Motor on Tuesday unveiled its first subcompact sport utility vehicle (SUV) for...
PUBLISHED Jun 14, 2017 05:50 AM
QATAR QUANDARY

Qatar asks UN body to resolve Gulf airspace row

QATAR has asked the United Nations' aviation agency to intervene in an airspace...
PUBLISHED Jun 14, 2017 05:50 AM
QATAR QUANDARY

Shipping routes launched via Oman to give Qatar food lifeline

QATAR and container lines have launched new shipping services via Oman in an effort to...
PUBLISHED Jun 14, 2017 05:50 AM

Norway shipping firm eyes deliveries by unmanned vessels from 2020

IT'S not just in Google laboratories that the revolution in electric, driverless...
PUBLISHED Jun 14, 2017 05:50 AM

GOVERNMENT & ECONOMY

Macron's party poised to dominate lower house

BY almost any measure, the party of President Emmanuel Macron achieved overwhelming...
PUBLISHED Jun 14, 2017 05:50 AM
LATEST US DATA

Producer prices unchanged in May as energy costs decline

US producer prices were unchanged in May as energy costs recorded their biggest decline...
PUBLISHED Jun 14, 2017 05:50 AM

UK inflation jumps in May, tightening squeeze on the budget-conscious

BRITISH inflation unexpectedly jumped to its highest level in nearly four years in May,...
PUBLISHED Jun 14, 2017 05:50 AM

May gets stay of execution; ready to rethink Brexit tack

UK Prime Minister Theresa May bought herself a stay of execution by apologising to her...
PUBLISHED Jun 14, 2017 05:50 AM

US CEOs voice confidence, but deals say otherwise

FOR the past several months, ever since the election, chief executives of the US's...
PUBLISHED Jun 14, 2017 05:50 AM

Schaeuble says UK welcome back to EU if Brexit decision is overturned

GERMAN Finance Minister Wolfgang Schaeuble said UK would be welcomed back to the European...
PUBLISHED Jun 14, 2017 05:50 AM

Dovish RBI boosts demand for Indian assets

A DOVISH central bank is one more reason for global investors to buy India.
PUBLISHED Jun 14, 2017 05:50 AM

Qatar markets stabilise; Doha 'extremely comfortable' with financial position

QATAR'S financial markets stabilised on Monday after a week of losses as the...
PUBLISHED Jun 14, 2017 05:50 AM

Japan's plan to privatise public assets falls short of targets

HIDDEN beneath its streets, Japan's ageing sewer pipes highlight a challenge that...
PUBLISHED Jun 14, 2017 05:50 AM

China walks a tightrope in hitting Taiwan without alienating its residents

CHINA'S push to woo Taiwan's remaining friends - seen again with Beijing's...
PUBLISHED Jun 14, 2017 05:50 AM
EDITORIAL

India could be bright spot amid cloudy global economic outlook

SOME external events in recent weeks have given cause for concern in terms of how they...
PUBLISHED Jun 14, 2017 05:50 AM

LIFE & CULTURE

Crisis deepening at loss-making French fashion house Lanvin, say sources

THE crisis facing France's oldest fashion brand Lanvin is deepening, with sales...
PUBLISHED Jun 14, 2017 05:50 AM

More than 10% of world's population is obese: study

MORE than 10 per cent of the world's population is now obese, a marked rise over the...
PUBLISHED Jun 14, 2017 05:50 AM

Sydney's major art museum falls behind rivals

THE honey-coloured neoclassical facade of the Art Gallery of New South Wales, Sydney...
PUBLISHED Jun 14, 2017 05:50 AM

Rampant Argentina net 6 past Singapore

WITHOUT their captain and most recognisable player, an Argentina team minus Lionel Messi...
PUBLISHED Jun 14, 2017 05:50 AM

EXECUTIVE MONEY

COMMENTARY

How cheap are the world's stock markets?

V ALUATION is key to making investment decisions. Invest when markets are expensive and...
PUBLISHED Jun 14, 2017 05:50 AM

Wary foreign investors see familiar hurdles in China's HK bond connect

CHINA is about to broaden foreign access to its US$10 trillion debt market - but...
PUBLISHED Jun 14, 2017 05:50 AM

China to sell first dollar sovereign bonds since 2004

CHINA will sell its first US dollar-denominated sovereign bonds since 2004 in coming...
PUBLISHED Jun 14, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Why is there a lack of research coverage for 'disruptive' companies?

SINGAPORE Exchange (SGX) has, in the last two years, been aggressively wooing the...
PUBLISHED Jun 14, 2017 05:50 AM
STRAIT TALK

Is shipping 'behind the curve' on human rights?

IT IS almost unbelievable that in the 21st century we should be talking about "...
PUBLISHED Jun 14, 2017 05:50 AM

Europe has role in Asean infrastructure boom

THE year 2017 marks 40 years of European and Asean diplomatic relations and it couldn...
PUBLISHED Jun 14, 2017 05:50 AM
EDITORIAL

India could be bright spot amid cloudy global economic outlook

SOME external events in recent weeks have given cause for concern in terms of how they...
PUBLISHED Jun 14, 2017 05:50 AM
THE BOTTOM LINE

Defining S-E Asia's push for financial inclusion

AHEAD of Singapore assuming the chairmanship of Asean in 2018, the country's...
PUBLISHED Jun 14, 2017 05:50 AM

The biggest soap opera that has American society on tenterhooks

MY next-door neighbour is a daytime soap opera addict. If it's late morning or early...
PUBLISHED Jun 14, 2017 05:50 AM

Optimistic outcome ahead for Macron's En Marche

FRENCH President Emmanuel Macron's upstart party, En Marche (Forward), performed...
PUBLISHED Jun 14, 2017 05:50 AM

To tap tomorrow's distributed ledger tech, firms must act now

WITH all the noise surrounding distributed ledger technology (DLT), you'd expect...
PUBLISHED Jun 14, 2017 05:50 AM
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