Thursday, Jun 15, 2017

TOP STORIES

2017 GDP expectations raised but growth may be uneven: MAS survey

PRIVATE-SECTOR economists have lifted their growth forecast slightly for 2017 from 2.3...
PUBLISHED Jun 15, 2017 05:50 AM

Noble stock sinks as ex-CEO sues founder for HK$450m

SINGAPORE mainboard-listed Noble Group's stock sank on Wednesday as news broke of a...
PUBLISHED Jun 15, 2017 05:50 AM

Lee Hsien Yang plans to leave Singapore

LEE Hsien Yang, the chairman of the Civil Aviation Authority of Singapore and younger...
PUBLISHED Jun 15, 2017 05:50 AM

More perp deals hit the Singapore markets as interest rates remain low

A FLURRY of perpetual deals continue to hit the market as investors remain keen amid low...
PUBLISHED Jun 15, 2017 05:50 AM

Singapore firms fail to be proactive about risks

QBE Insurance's The Risk of Regret report revealed that the top three risks...
PUBLISHED Jun 15, 2017 05:50 AM

More Singapore contractors, consultants venturing abroad and securing projects: BCA

MORE Singapore contractors and consultants are venturing overseas and securing projects...
PUBLISHED Jun 15, 2017 05:50 AM

Analysts laud IOI Properties' pick of Central Boulevard co-developer

IOI PROPERTIES' roping in of Hongkong Land to co-develop Central Boulevard in...
PUBLISHED Jun 15, 2017 05:50 AM

Tan Chong Koay back in Singapore with new fund

TAN Chong Koay, a veteran fund manager who regained his fund management licence from the...
PUBLISHED Jun 15, 2017 05:50 AM

Ferrero opens innovation centre in Singapore Science Park

FERRERO, the maker of Nutella spread and Ferrero Rocher chocolates, opened its first...
PUBLISHED Jun 15, 2017 05:50 AM

Singapore workers do not feel empowered for digital age, says Microsoft study

MICROSOFT unveiled findings of its Asia Workplace 2020 Study on Wednesday, where it found...
PUBLISHED Jun 15, 2017 05:50 AM

Fire engulfs tower block in West London

FIRE engulfed a 24-storey housing block in central London in the early hours on Wednesday...
PUBLISHED Jun 15, 2017 05:50 AM

More jobs available in OECD countries - but quality of jobs is falling: report

THE overall employment rate among 35 mainly advanced economies - members of the...
PUBLISHED Jun 15, 2017 05:50 AM

Food containers that change colour may soon make 'sell-by' date obsolete

EVEN in 2017, we often decide whether the salmon in our refrigerator is still edible by...
PUBLISHED Jun 15, 2017 05:50 AM

STOCKS

STOCKS

Market drifts in quiet trading ahead of Fed meeting

THE Straits Times Index on Wednesday fell 4.09 points to 3,253.43, weighed down mainly by...
PUBLISHED Jun 15, 2017 05:50 AM

Brokers' take

SINGAPORE Press Holdings and Kajima Development through their subsidiaries, Elara 1 Pte...
PUBLISHED Jun 15, 2017 05:50 AM
CURRENCIES

US dollar steady ahead of Fed meeting

THE US dollar steadied on Wednesday ahead of a Federal Reserve policy statement widely...
PUBLISHED Jun 15, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Still much scope for contrarians in the present market

IN "A Singapore Stock Market Wish List for 2017'' published in this column...
PUBLISHED Jun 15, 2017 05:50 AM

A-Sonic Aerospace plans bonus warrant issue

AIRCRAFT systems supplier A-Sonic Aerospace is proposing a bonus warrant issue of 20...
PUBLISHED Jun 15, 2017 05:50 AM

TLV sets up JV, plans to enter China retail market

HOMEGROWN jeweller TLV Holdings has entered into a joint venture (JV) agreement with...
PUBLISHED Jun 15, 2017 05:50 AM

Kimly buys coffee shop and industrial canteen

SINGAPORE'S largest traditional coffee shop operator Kimly Limited has gone on an...
PUBLISHED Jun 15, 2017 05:50 AM

Emerging market currencies should ride out Fed tightening: SocGen

EMERGING market currencies should comfortably ride out the coming Federal Reserve...
PUBLISHED Jun 15, 2017 05:50 AM

RTO talk lifts LifeBrandz, prompting query

SHARES in LifeBrandz Limited were heavily traded on Wednesday on rumours of a potential...
PUBLISHED Jun 15, 2017 05:50 AM

Bond market volatility at lowest level in four years as Fed meets

VOLATILITY in parts of the bond market is getting so low that some investors are taking...
PUBLISHED Jun 15, 2017 05:50 AM

Corporate digest

OKP Holdings' wholly owned subsidiary Eng Lam has won a contract valued at S$11.7...
PUBLISHED Jun 15, 2017 05:50 AM
STOCKS

Market drifts in quiet trading ahead of Fed meeting

THE Straits Times Index on Wednesday fell 4.09 points to 3,253.43, weighed down mainly by...
PUBLISHED Jun 15, 2017 05:50 AM

Brokers' take

SINGAPORE Press Holdings and Kajima Development through their subsidiaries, Elara 1 Pte...
PUBLISHED Jun 15, 2017 05:50 AM
CURRENCIES

US dollar steady ahead of Fed meeting

THE US dollar steadied on Wednesday ahead of a Federal Reserve policy statement widely...
PUBLISHED Jun 15, 2017 05:50 AM

Goldman Sachs initiative to automate IPOs progressing apace

A FEW years ago, Goldman Sachs Group Inc's leaders took a hard look at how the bank...
PUBLISHED Jun 15, 2017 05:50 AM

EU could slap location requirement on large clearinghouses

THE European Union could force the biggest foreign derivatives-clearing firms to set up...
PUBLISHED Jun 15, 2017 05:50 AM

Asia's private wealth to beat Europe's for first time amid Brexit uncertainty: BCG

PRIVATE wealth in Western Europe is set to fall behind the Asia-Pacific region for the...
PUBLISHED Jun 15, 2017 05:50 AM

REAL ESTATE

May suburban condo rents down 4.8%: SRX

PRIVATE apartment and condo rents in the suburbs have fallen at a faster clip between May...
PUBLISHED Jun 15, 2017 05:50 AM

Neighbourhood is star-spangled on Flag Day, and every day

ABREW Street, a short, leafy stretch lined with modest cape-style homes in this town on...
PUBLISHED Jun 15, 2017 05:50 AM

Australia puts the brakes on foreign buying of property to cool prices

SOON after Australia's New South Wales state announced it was doubling the tax for...
PUBLISHED Jun 15, 2017 05:50 AM

The hottest US business right now is storing people's stuff

A DAY hardly passes without the US retail industry sustaining fresh wounds as malls and...
PUBLISHED Jun 15, 2017 05:50 AM

Manhattan's luxury condos drawing local big spenders

HOW do you offload luxury condos in Manhattan, where there's a glut of offerings and...
PUBLISHED Jun 15, 2017 05:50 AM

Future of Queen Victoria Market clouded

SHOPPERS pushed past one another, hunting for the best deals. A burly man in a butcher...
PUBLISHED Jun 15, 2017 05:50 AM

BANKING & FINANCE

Goldman Sachs initiative to automate IPOs progressing apace

A FEW years ago, Goldman Sachs Group Inc's leaders took a hard look at how the bank...
PUBLISHED Jun 15, 2017 05:50 AM

US banks say they are holding too much capital

AMERICA'S biggest banks have a common gripe: They have too much money...
PUBLISHED Jun 15, 2017 05:50 AM

Anbang says chairman can't perform his duties due to personal reasons

ANBANG Insurance Group Co, the Chinese company that has curtailed a global acquisition...
PUBLISHED Jun 15, 2017 05:50 AM

Defaults feared as China firms face up to debt addiction

CHINA'S leverage crackdown is forcing local companies to confront their addiction to...
PUBLISHED Jun 15, 2017 05:50 AM

ENERGY & COMMODITIES

The drifting oil tanker that signals Opec's struggle

IF a single ship can capture the current state of the global oil, it's the...
PUBLISHED Jun 15, 2017 05:50 AM

Coal no longer king as China goes green

CHINA'S domination of energy markets - long the driver of soaring fossil-fuel...
PUBLISHED Jun 15, 2017 05:50 AM
QATAR QUANDARY

Qatar closes helium plants amid economic blockade

QATAR, the world's second-largest helium producer, has closed its two helium...
PUBLISHED Jun 15, 2017 05:50 AM

Shares of US drillers hit by deadly Colorado blasts

TWO months after a Colorado home exploded near an Anadarko Petroleum Corp well, the...
PUBLISHED Jun 15, 2017 05:50 AM

TECHNOLOGY

No more roaming charges for Europeans

AFTER a decade of debate, Europe will finally abolish cellphone roaming charges this week...
PUBLISHED Jun 15, 2017 05:50 AM

Chicago-based firm boycotts Uber on ethical grounds

WITH everything else that's going on at Uber Technologies Inc this week, there is...
PUBLISHED Jun 15, 2017 05:50 AM

Charles Thacker, who helped design earliest computer, dies at 74

CHARLES Thacker, an electrical engineer who played an early, central role in some of the...
PUBLISHED Jun 15, 2017 05:50 AM

US firm plans to change consumers' minds about genetically 'edited' food

GREEN stalks have only just begun to sprout in the test fields where biotech giant DuPont...
PUBLISHED Jun 15, 2017 05:50 AM

CONSUMER

Charles Thacker, who helped design earliest computer, dies at 74

CHARLES Thacker, an electrical engineer who played an early, central role in some of the...
PUBLISHED Jun 15, 2017 05:50 AM

US brands taking umbrage with theatre, news interviews

A PRODUCTION of Shakespeare's Julius Caesar in New York's Central Park...
PUBLISHED Jun 15, 2017 05:50 AM

Sears Canada plunges after voicing doubts about future

SEARS Canada Inc suffered its worst stock decline ever after acknowledging "...
PUBLISHED Jun 15, 2017 05:50 AM

US firm plans to change consumers' minds about genetically 'edited' food

GREEN stalks have only just begun to sprout in the test fields where biotech giant DuPont...
PUBLISHED Jun 15, 2017 05:50 AM

Boutique hotels going strong in America

JANE and Greg Hills were visiting New York City when they grabbed a drink in the lobby...
PUBLISHED Jun 15, 2017 05:50 AM

TRANSPORT

Apple's Cook lifts veil on autonomous systems for self-driving cars

AFTER years toiling away in secret on a car project, Apple Inc chief executive officer...
PUBLISHED Jun 15, 2017 05:50 AM

Researchers say Fiat Chrysler diesel cars bust US emission limits

FIAT Chrysler diesel vehicles spewed pollution as much as 20 times the legal limit,...
PUBLISHED Jun 15, 2017 05:50 AM

GOVERNMENT & ECONOMY

LATEST US DATA

Weak US retail sales, consumer prices put spotlight on Fed

US retail sales in May recorded their biggest drop in 16 months and consumer prices...
PUBLISHED Jun 15, 2017 05:50 AM

IMF lifts China growth forecast again on reform progress

THE International Monetary Fund (IMF) has raised its annual growth forecast for China...
PUBLISHED Jun 15, 2017 05:50 AM

Synchronous global recovery masks deepening asset imbalance

THERE'S a dark cloud building behind the world's best period of synchronous...
PUBLISHED Jun 15, 2017 05:50 AM

Indonesia grapples with inflation dilemma as subsidies cut

WHAT'S good for Indonesia's fiscal chiefs is proving a headache for the central...
PUBLISHED Jun 15, 2017 05:50 AM

India's plan to develop Iranian port faces hurdles

WESTERN manufacturers are shying away from supplying equipment for an Iranian port that...
PUBLISHED Jun 15, 2017 05:50 AM

French luxury leaders create precious work at home

USING globalisation's potential with the precision of master designers making...
PUBLISHED Jun 15, 2017 05:50 AM

US weighs restricting Chinese investment in artificial intelligence

THE United States appears poised to heighten scrutiny of Chinese investment in Silicon...
PUBLISHED Jun 15, 2017 05:50 AM

Hong Kong wastes away as rival Asian cities clean up

FROM syringes and television sets strewn on its beaches to brimming landfills, Hong Kong...
PUBLISHED Jun 15, 2017 05:50 AM

Protecting the X-factor in Brand Singapore

GOING by headline indicators, Singapore's country brand looks strong enough. The...
PUBLISHED Jun 15, 2017 05:50 AM
THE BOTTOM LINE

Fintech will be part of Singapore's next wave of growth

IF THERE has been a recurrent theme in recent months, it's been that innovation...
PUBLISHED Jun 15, 2017 05:50 AM

Artificial intelligence best used as complement to human labour

THE ports and borders sector looks to be growing. It was reported in March that parcel...
PUBLISHED Jun 15, 2017 05:50 AM

Future of Queen Victoria Market clouded

SHOPPERS pushed past one another, hunting for the best deals. A burly man in a butcher...
PUBLISHED Jun 15, 2017 05:50 AM

LIFE & CULTURE

Future of Queen Victoria Market clouded

SHOPPERS pushed past one another, hunting for the best deals. A burly man in a butcher...
PUBLISHED Jun 15, 2017 05:50 AM

Unless you're a tycoon, life in HK is harder than ever

MRS Lau can't help but glance nervously at the calendar. Her next pay cheque isn...
PUBLISHED Jun 15, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Still much scope for contrarians in the present market

IN "A Singapore Stock Market Wish List for 2017'' published in this column...
PUBLISHED Jun 15, 2017 05:50 AM
EDITORIAL

The mystery of the missing inflation remains unresolved

THE "case of the missing inflation" or (more prosaically) the virtual...
PUBLISHED Jun 15, 2017 05:50 AM

Protecting the X-factor in Brand Singapore

GOING by headline indicators, Singapore's country brand looks strong enough. The...
PUBLISHED Jun 15, 2017 05:50 AM
THE BOTTOM LINE

Fintech will be part of Singapore's next wave of growth

IF THERE has been a recurrent theme in recent months, it's been that innovation...
PUBLISHED Jun 15, 2017 05:50 AM

South Korea's new president faces a bumpy ride ahead

ON May 9, 2017, Moon Jae-in became South Korea's new president and filled the...
PUBLISHED Jun 15, 2017 05:50 AM
COMMENTARY

Commonwealth needs more scientific collaboration

THIS week Singapore welcomed 400 scientists from across the Commonwealth to the...
PUBLISHED Jun 15, 2017 05:50 AM

Artificial intelligence best used as complement to human labour

THE ports and borders sector looks to be growing. It was reported in March that parcel...
PUBLISHED Jun 15, 2017 05:50 AM
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