Monday, Jul 10, 2017

TOP STORIES

GIC prepares for protracted uncertainty, low returns

AT a time of heightened uncertainty and "investor complacency", Singapore'...
PUBLISHED Jul 10, 2017 05:50 AM

Many HK penny investors caught in cross-holdings web

TWO weeks ago, a sudden plunge in a string of penny stocks on the Hong Kong stock...
PUBLISHED Jul 10, 2017 05:50 AM

GIC still evaluating banks as investments

GIC's move to pare its stake in Swiss private bank UBS Group - resulting in an...
PUBLISHED Jul 10, 2017 05:50 AM
G-20 SUMMIT

Trump's trip ends with few prizes, little consensus on goals

AHEAD of his first G-20 summit, US President Donald Trump took to Twitter to weigh in on...
PUBLISHED Jul 10, 2017 05:50 AM

Series B deals point to interest in early growth-stage startups

MORE than US$70 million in Series B funding has been reportedly raised by Singapore or...
PUBLISHED Jul 10, 2017 05:50 AM
WALL STREET INSIGHT

US stocks riding into sunset of low-interest era

WE are about to find out whether the bull market can outlive the low-interest-rate era...
PUBLISHED Jul 10, 2017 05:50 AM
MONDAY MULTIPLE

Why business models matter

STEEL, a processed, durable form of iron, has been used through the ages to make a...
PUBLISHED Jul 10, 2017 05:50 AM
COMPANY OF GOOD

How KPMG lends a hand to those in need

DALEY, from the Deaf and Hard of Hearing Federation (Singapore), manages to earn his keep...
PUBLISHED Jul 10, 2017 05:50 AM

STOCKS

STOCKS

STI stuck within a trading range

ONE phrase keeps cropping up in recent broker assessments of the outlook for the Straits...
PUBLISHED Jul 10, 2017 05:50 AM
CURRENCIES

Speculators chop net long US dollar bets

SPECULATORS last week slashed net long bets on the US dollar to their lowest since mid-...
PUBLISHED Jul 10, 2017 05:50 AM
INSIDE INSIGHTS

Buybacks gain week-on-week; acquisition-disposal ratios rise

OVER the five trading sessions from June 30 to July 6, the Straits Times Index (STI) held...
PUBLISHED Jul 10, 2017 05:50 AM

COMPANIES & MARKETS

WARRANTS A LOOK

Viking's new warrant has time on its side

THE latest company warrant to make an appearance was that issued by Viking Offshore and...
PUBLISHED Jul 10, 2017 05:50 AM

No MVNO talks with MyRepublic, says M1

SINGAPORE telco M1 has clarified that it did not make any offer to MyRepublic to be its...
PUBLISHED Jul 10, 2017 05:50 AM

Corporate digest

AUSTRALIAN oilfield services firm AusGroup has appointed a new chief executive and...
PUBLISHED Jul 10, 2017 05:50 AM
TOPLINE

Football giants gravitating towards South-east Asia

IN recent years, scores of football clubs from Europe have ventured outside their...
PUBLISHED Jul 10, 2017 05:50 AM

Casting a light on shadow directors

IN general, a person formally becomes a company director by a resolution of the board or...
PUBLISHED Jul 10, 2017 05:50 AM

One in five Singaporeans consider switch in main bank in one year: study

ABOUT one in five Singaporean bank customers is considering leaving their primary bank...
PUBLISHED Jul 10, 2017 05:50 AM
STOCKS

STI stuck within a trading range

ONE phrase keeps cropping up in recent broker assessments of the outlook for the Straits...
PUBLISHED Jul 10, 2017 05:50 AM
COMMODITIES

Oil prices drop almost 3% on rising supplies

OIL prices settled nearly 3 per cent lower on Friday on rising US production and exports...
PUBLISHED Jul 10, 2017 05:50 AM
CURRENCIES

Speculators chop net long US dollar bets

SPECULATORS last week slashed net long bets on the US dollar to their lowest since mid-...
PUBLISHED Jul 10, 2017 05:50 AM
INSIDE INSIGHTS

Buybacks gain week-on-week; acquisition-disposal ratios rise

OVER the five trading sessions from June 30 to July 6, the Straits Times Index (STI) held...
PUBLISHED Jul 10, 2017 05:50 AM

REAL ESTATE

How a home bargain became a 'pain in the butt', and worse

JAMES Williams thought he had found a great deal on a home. The monthly fee on the three-...
PUBLISHED Jul 10, 2017 05:50 AM

Town of US$1m homes declares fiscal emergency

THE San Francisco suburb of Moraga seems as far as one could get from the financial...
PUBLISHED Jul 10, 2017 05:50 AM

London's Grosvenor House hotel sold

ASHKENAZY Acquisition Corp, the US real estate investor that recently bought a stake in...
PUBLISHED Jul 10, 2017 05:50 AM

BANKING & FINANCE

HK's mortgage lenders doing booming business in the shadows

WHEN Horan Fu decided to buy a 500 square foot apartment for HK$7.4 million (S$1.3...
PUBLISHED Jul 10, 2017 05:50 AM

Indonesian state firms planning to securitise infrastructure projects

INDONESIAN state firms are courting foreign pension funds by offering a share in future...
PUBLISHED Jul 10, 2017 05:50 AM

ENERGY & COMMODITIES

Buffett bets on energy with bid for Texas utility

THE fate of a giant Texas power company that has spent nearly a decade in financial...
PUBLISHED Jul 10, 2017 05:50 AM

TECHNOLOGY

Surfer who stopped WannaCry attack braces for next wave

THE 23-year-old who saved the world from a devastating cyberattack in May was asleep in...
PUBLISHED Jul 10, 2017 05:50 AM

Qualcomm suing Apple over use of mobile tech in iPhone

QUALCOMM Inc is suing Apple Inc for patent infringement, the latest volley in an...
PUBLISHED Jul 10, 2017 05:50 AM

CONSUMER

Lupin sets off Indian pharma's long road to redemption

IN 28 years in India's pharmaceuticals sector, Rajiv Desai has never been busier...
PUBLISHED Jul 10, 2017 05:50 AM

Premium jeans are dead, killed by US$100 leggings

BLAME the leggings and the yoga pants.
PUBLISHED Jul 10, 2017 05:50 AM

The summer that would save Agrokor from decay may never come

THE annual invasion of tourists was supposed to offer a financial reprieve for the...
PUBLISHED Jul 10, 2017 05:50 AM

TRANSPORT

Air India break-up an option as Modi pushes for quick sale

INDIA is considering selling state-owned Air India in parts to make it attractive to...
PUBLISHED Jul 10, 2017 05:50 AM

Sprynt's fleet of electric cars comes without charge for passengers

HOW does a startup get attention in the crowded field of ride-hailing apps? Sprynt, the...
PUBLISHED Jul 10, 2017 05:50 AM

China, France eye Gambian port upgrade

CHINESE and French companies are bidding to help Gambia build up its Atlantic port Banjul...
PUBLISHED Jul 10, 2017 05:50 AM

Tesla April registrations drop 24% in key California market

REGISTRATIONS of Tesla Inc vehicles in California, by far the largest market of the...
PUBLISHED Jul 10, 2017 05:50 AM

GOVERNMENT & ECONOMY

Reflation attempts gaining traction in Japan

THE first signs that Japan's attempts to reflate the economy may be gaining traction...
PUBLISHED Jul 10, 2017 05:50 AM

Yellen's bet on pulling workers back to labour force pays off

EVEN as US unemployment crept lower in recent years, Federal Reserve chair Janet Yellen...
PUBLISHED Jul 10, 2017 05:50 AM

In China's murky waters, global sewage firms seek rewards

GLOBAL sewage and water treatment firms are eyeing opportunities in an unsavoury place: a...
PUBLISHED Jul 10, 2017 05:50 AM

Decades of trying, but health reform remains elusive in US

THE US has a long-standing reputation for world-class medicine, doctors and hospitals,...
PUBLISHED Jul 10, 2017 05:50 AM

Merkel defends decision to host G-20 in Hamburg after rioting

CHANCELLOR Angela Merkel defended the decision to host the Group of Twenty (G-20) summit...
PUBLISHED Jul 10, 2017 05:50 AM

US trade partners watch warily as Trump considers steel tariffs

THE Trump administration is expected any day now to make its long-awaited decision over...
PUBLISHED Jul 10, 2017 05:50 AM

Ladders came up short, and cost lives, in London high-rise: firefighters

MORE lives could have been saved in the Grenfell Tower blaze in London that killed at...
PUBLISHED Jul 10, 2017 05:50 AM

LA cools down by making pavements lighter

ON sweltering summer days, dark asphalt soaks up the sun and acts like a secondary heater...
PUBLISHED Jul 10, 2017 05:50 AM

ECB monetary easing hurts German savers but heals state finances

MANY Germans see the European Central Bank's (ECB) bond-buying scheme and interest...
PUBLISHED Jul 10, 2017 05:50 AM

Europe turns to Europe for deals as US and Asia M&A slips

EUROPEAN companies are turning to their backyards for growth via mergers and acquisitions...
PUBLISHED Jul 10, 2017 05:50 AM

Cash for Bulgarian passport empties village

TREBISHT in north-eastern Albania looks like a ghost village, emptied of its residents by...
PUBLISHED Jul 10, 2017 05:50 AM

EU-Norway crab row can fuel Arctic oil tensions

ON the face of it, a relentless battle between the European Union and Norway in a remote...
PUBLISHED Jul 10, 2017 05:50 AM

Gulf crisis: states settle in for the long haul

MORE than a month since the start of the diplomatic crisis gripping the Gulf, hopes of a...
PUBLISHED Jul 10, 2017 05:50 AM

In America's richest state, the capital flirts with bankruptcy

THE hedge-fund enclave of Greenwich, on the Connecticut Gold Coast, is about 100 miles...
PUBLISHED Jul 10, 2017 05:50 AM

As elites switch to texting, watchdogs fear loss of transparency

IN a bygone analogue era, lawmakers and corporate chiefs travelled great distances to...
PUBLISHED Jul 10, 2017 05:50 AM

Treaty reached to ban nuclear arms, now comes the hard part

FOR the first time in the seven-decade effort to avert a nuclear war, a global treaty has...
PUBLISHED Jul 10, 2017 05:50 AM

'Golden' path to American Dream for the Chinese may disappear soon

THEIR son was barely a year old when Jehan Li and Mia Qi plunked down half a million...
PUBLISHED Jul 10, 2017 05:50 AM

Buffett invests in Canada, but should you follow suit?

WHEN Warren Buffett acts, investors notice. And after he took a roughly US$300 million...
PUBLISHED Jul 10, 2017 05:50 AM

Argentina losing lustre as debt glut adds to election risks

THE shine is starting to come off President Mauricio Macri's Argentina...
PUBLISHED Jul 10, 2017 05:50 AM

LIFE & CULTURE

TOPLINE

Football giants gravitating towards South-east Asia

IN recent years, scores of football clubs from Europe have ventured outside their...
PUBLISHED Jul 10, 2017 05:50 AM

Fashion in the Instagram Age

LAST week, at the opening of the haute couture season, in the gardens of Les Invalides,...
PUBLISHED Jul 10, 2017 05:50 AM
PUBLISHED Jul 10, 2017 05:50 AM

Austrian F1 Grand Prix: Bottas holds off Vettel by 0.6 of a second in cliffhanger

VALTTERI Bottas won a cliffhanger Austrian Grand Prix for Mercedes on Sunday with Ferrari...
PUBLISHED Jul 10, 2017 05:50 AM

VIEWS FROM THE TOP

S'pore and HK - how they compare

THIS WEEK'S TOPIC: Twenty years after the handover, how have Hong Kong's...
PUBLISHED Jul 10, 2017 05:50 AM
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