Tuesday, Jul 11, 2017

TOP STORIES

Cybersecurity Bill seeks to protect critical information infrastructure

AS cyberattacks get more sophisticated and widespread, Singapore on Monday unveiled a...
PUBLISHED Jul 11, 2017 05:50 AM

US$6.3b Cosco-OOCL deal will see power shift: analysts

THE US$6.3 billion merger and acquisition (M&A) deal between China's Cosco...
PUBLISHED Jul 11, 2017 05:50 AM

RB Capital mulls sale of Farrer Park hotel

RB CAPITAL is considering sale of its Park Hotel Farrer Park, after receiving unsolicited...
PUBLISHED Jul 11, 2017 05:50 AM

SGX sees Baltic Exchange gaining from China liberalising iron ore trade

THE Singapore Exchange expects the liberalising of China's iron ore futures market...
PUBLISHED Jul 11, 2017 05:50 AM
NEWS ANALYSIS

Purchase price offers OOCL shareholders some comfort

THE family of former Hong Kong chief executive Tung Chee-hwa is giving up its Orient...
PUBLISHED Jul 11, 2017 05:50 AM

Business travel spending in Singapore to grow faster than world average

BUSINESS travel spending for Singapore is projected to grow by 4.3 per cent this year -...
PUBLISHED Jul 11, 2017 05:50 AM
COMMENTARY

Unfogging vehicle emissions policies

IS the Vehicular Emissions Scheme (VES) the government's attempt to improve air...
PUBLISHED Jul 11, 2017 05:50 AM

China's June factory price inflation subdued on modest raw materials recovery, uncertain economy

CHINA'S producer price inflation was unchanged in June and remained well off highs...
PUBLISHED Jul 11, 2017 05:50 AM

EDB appoints 3 European business leaders to attract more investors to Singapore

THE Economic Development Board has appointed three business leaders from Germany and...
PUBLISHED Jul 11, 2017 05:50 AM

Three key ports join global drive to push for LNG as marine fuel

THREE key ports along the world's major trade routes have joined a focus group aimed...
PUBLISHED Jul 11, 2017 05:50 AM

HR plan launched to unlock manpower potential

EFFECTIVE human resource (HR) leadership can meet future demands for corporate...
PUBLISHED Jul 11, 2017 05:50 AM

STOCKS

STOCKS

Banks lift market in quiet but firm day

THE Straits Times Index (STI) on Monday managed a 17.34-point rise to 3,246.35 in a quiet...
PUBLISHED Jul 11, 2017 05:50 AM

Brokers' take

ThaiBev's premiumisation efforts have paid off. We believe that the momentum would...
PUBLISHED Jul 11, 2017 05:50 AM
CURRENCIES

US$ up against yen in cautious trading

THE dollar climbed to a two-month high against the Japanese yen on Monday as robust jobs...
PUBLISHED Jul 11, 2017 05:50 AM

Glitches, shutdowns at bourses in India and Indonesia result in an unhappy Monday

ASIA'S stock exchanges have had smoother starts to a week...
PUBLISHED Jul 11, 2017 05:50 AM

COMPANIES & MARKETS

NetLink NBN Trust launches S$2.3b IPO

FIBRE network owner NetLink NBN Trust on Monday announced its initial public offering (...
PUBLISHED Jul 11, 2017 05:50 AM

Legal woes raise concerns over GenM's Mashpee notes

LEGAL challenges to the proposed development of an integrated resort (IR) on the Mashpee...
PUBLISHED Jul 11, 2017 05:50 AM

Corporate digest

ENGINEERING group Miyoshi Ltd posted a third-quarter net profit of S$408,000, a reversal...
PUBLISHED Jul 11, 2017 05:50 AM
HOCK LOCK SIEW

OUEHT backed by growth catalysts amid headwinds

THE hospitality industry is facing a competitive operating environment with a substantial...
PUBLISHED Jul 11, 2017 05:50 AM

Goldilocks ups stake in Noble to 8.19%

CONFIRMING market speculation, struggling commodity trader Noble Group said on Monday...
PUBLISHED Jul 11, 2017 05:50 AM

New SIAS awards for sustainability, shareholder communications

THIS year's Investors' Choice Awards, organised by the Securities Investors...
PUBLISHED Jul 11, 2017 05:50 AM

StarHub to step up sale of data analytics to corporate clients

STARHUB Ltd, facing the biggest shake-up in Singapore's phone industry since it...
PUBLISHED Jul 11, 2017 05:50 AM

Ngee Ann Development loses appeal in Takashimaya rent case

LANDLORD Ngee Ann Development (NAD), which had earlier lost its rent calculation dispute...
PUBLISHED Jul 11, 2017 05:50 AM

UBS raises US$325m for impact investment fund

SWISS bank UBS has raised US$325 million for a private equity impact investment fund, as...
PUBLISHED Jul 11, 2017 05:50 AM
STOCKS

Banks lift market in quiet but firm day

THE Straits Times Index (STI) on Monday managed a 17.34-point rise to 3,246.35 in a quiet...
PUBLISHED Jul 11, 2017 05:50 AM

Brokers' take

ThaiBev's premiumisation efforts have paid off. We believe that the momentum would...
PUBLISHED Jul 11, 2017 05:50 AM
CURRENCIES

US$ up against yen in cautious trading

THE dollar climbed to a two-month high against the Japanese yen on Monday as robust jobs...
PUBLISHED Jul 11, 2017 05:50 AM

REAL ESTATE

PropNex now Singapore's largest property agency

PROPNEX Realty has become the largest real estate agency here with 6,688 agents, after...
PUBLISHED Jul 11, 2017 05:50 AM

Sunac to pay 63.2b yuan for Wanda assets in China's largest property deal

SUNAC China Holdings Ltd agreed to buy hotels, land and projects from Dalian Wanda Group...
PUBLISHED Jul 11, 2017 05:50 AM

BANKING & FINANCE

Wall St sours on mechanism to fund green projects

WALL Street investors have gone cold on one of the main mechanisms banks invented to fund...
PUBLISHED Jul 11, 2017 05:50 AM

Top Aussie pension fund hungry for infrastructure

AUSTRALIA'S top-performing pension fund over the past three years wants to invest in...
PUBLISHED Jul 11, 2017 05:50 AM

Regulator, consumer group spar over hedge fund rules

DEPENDING on where you stand, hedge funds either expose investors to unnecessarily high...
PUBLISHED Jul 11, 2017 05:50 AM

ENERGY & COMMODITIES

Wall St sours on mechanism to fund green projects

WALL Street investors have gone cold on one of the main mechanisms banks invented to fund...
PUBLISHED Jul 11, 2017 05:50 AM

Good news can't stop oil market's bad mood as short-sellers rule

EVEN good news can do little to dispel the prevailing pessimism in the oil market.
PUBLISHED Jul 11, 2017 05:50 AM

TECHNOLOGY

NetLink NBN Trust launches S$2.3b IPO

FIBRE network owner NetLink NBN Trust on Monday announced its initial public offering (...
PUBLISHED Jul 11, 2017 05:50 AM

StarHub to step up sale of data analytics to corporate clients

STARHUB Ltd, facing the biggest shake-up in Singapore's phone industry since it...
PUBLISHED Jul 11, 2017 05:50 AM

India telecom operator Reliance Jio probing alleged data breach

INDIA'S Reliance Jio said on Monday it was investigating claims that personal data...
PUBLISHED Jul 11, 2017 05:50 AM

Russian Internet pioneer Anton Nosik dies at 51

ANTON NOSIK, one of the key figures in developing the Russian-language Internet into a...
PUBLISHED Jul 11, 2017 05:50 AM

Stripe strikes global partnerships with China's Alipay, WeChat Pay

SILICON Valley startup Stripe has partnered with digital payment providers Alipay and...
PUBLISHED Jul 11, 2017 05:50 AM

Facebook's Oculus cuts price of virtual reality set, matching rival Sony

OCULUS, the virtual reality company owned by Facebook Inc, is temporarily cutting the...
PUBLISHED Jul 11, 2017 05:50 AM

Drugmakers court fight underscores high stakes in haemophilia

ROCHE'S bid to muscle in on Shire's share of the US$11 billion haemophilia drug...
PUBLISHED Jul 11, 2017 05:50 AM

CONSUMER

Apollo Global to buy US golf course operator ClubCorp for US$1.1b

PRIVATE equity firm Apollo Global Management LLC said on Sunday it had agreed to acquire...
PUBLISHED Jul 11, 2017 05:50 AM

J&F ends talks on sale of stake in Havaianas maker over price: source

J&F INVESTIMENTOS SA has ended talks to sell a controlling stake in Havaianas flip...
PUBLISHED Jul 11, 2017 05:50 AM

Drugmakers court fight underscores high stakes in haemophilia

ROCHE'S bid to muscle in on Shire's share of the US$11 billion haemophilia drug...
PUBLISHED Jul 11, 2017 05:50 AM

Used goods may soon be the new flavour in South-east Asia

ON THE second floor of a 24,000-square-foot, used-goods superstore in the suburbs of...
PUBLISHED Jul 11, 2017 05:50 AM

TRANSPORT

More analysts expect mass adoption of electric cars soon

AS the world's carmakers place larger bets on electric vehicle technology, many...
PUBLISHED Jul 11, 2017 05:50 AM

Royal Jordanian, Kuwait Airways say US laptop ban lifted

ROYAL Jordanian and Kuwait Airways said passengers could take laptops and large...
PUBLISHED Jul 11, 2017 05:50 AM

GOVERNMENT & ECONOMY

Trump's push to replace Obamacare faces trouble

PRESIDENT Donald Trump's effort to roll back Obamacare faced growing obstacles on...
PUBLISHED Jul 11, 2017 05:50 AM

Vietnam's surprise rate cut may spur growth

VIETNAM'S surprise lowering of interest rates for the first time in three years may...
PUBLISHED Jul 11, 2017 05:50 AM

Regulator, consumer group spar over hedge fund rules

DEPENDING on where you stand, hedge funds either expose investors to unnecessarily high...
PUBLISHED Jul 11, 2017 05:50 AM

Glitches, shutdowns at bourses in India and Indonesia result in an unhappy Monday

ASIA'S stock exchanges have had smoother starts to a week...
PUBLISHED Jul 11, 2017 05:50 AM

Bank of Japan faces battle to cap bond yields

WHILE the Bank of Japan (BOJ) faced down the market on Friday with its offer to buy an...
PUBLISHED Jul 11, 2017 05:50 AM

Abe support slumps to record low as Japan public loses trust

SUPPORT for Japanese Prime Minister Shinzo Abe slumped to record lows in three media...
PUBLISHED Jul 11, 2017 05:50 AM
EDITORIAL

G-20 summit reveals an increasingly fragmented world

The G-20 summit's theme this year was "Shaping an Interconnected World"...
PUBLISHED Jul 11, 2017 05:50 AM

LIFE & CULTURE

3 firms make their corporate giving moves

CORPORATE giving was in overdrive this past week, with CapitaLand, Citi Singapore and...
PUBLISHED Jul 11, 2017 05:50 AM

PLA turns on charm in HK with visit by aircraft carrier Liaoning

FROM 700 sailors spelling out "Hello Hong Kong" on the deck to youthful...
PUBLISHED Jul 11, 2017 05:50 AM

A tradition to queue for at Wimbledon's tents

THE official stewards comb the field at 5.30 am, tapping upon the tents and sometimes...
PUBLISHED Jul 11, 2017 05:50 AM

SME

Magna disrupts paper industry with 'mineral stone paper'

FOR most of us, paper comes from trees. But for chemical research and development firm...
PUBLISHED Jul 11, 2017 05:50 AM

Building a corporate culture in SMEs pays off

CORPORATE culture is fundamental to the success of any company. It is the emotional glue...
PUBLISHED Jul 11, 2017 05:50 AM

OPINION

Thaad test set to ratchet up tensions in Korean peninsula

IN the wake of the climax of last Saturday's Group of Twenty (G-20) summit in...
PUBLISHED Jul 11, 2017 05:50 AM
EDITORIAL

G-20 summit reveals an increasingly fragmented world

The G-20 summit's theme this year was "Shaping an Interconnected World"...
PUBLISHED Jul 11, 2017 05:50 AM
THE BOTTOM LINE

Trump is making it hard for himself to take global lead

US PRESIDENT Donald Trump's foreign policy, such as it is, rests on a massive and...
PUBLISHED Jul 11, 2017 05:50 AM

YuuZoo riddled with contradictions

ON July 6 and 7, YuuZoo Corporation issued three announcements responding to my two...
PUBLISHED Jul 11, 2017 05:50 AM

The art of the surplus

GERMANY'S persistently high current-account surplus may not have been on the...
PUBLISHED Jul 11, 2017 05:50 AM
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