Tuesday, Aug 08, 2017

TOP STORIES

Warburg-backed shareholder may ride in as Sabana Reit white knight

THE troubled Sabana Reit may have found its white knight in Warburg Pincus-backed...
PUBLISHED Aug 8, 2017 05:50 AM

Decade on, lessons still from 2008 crisis

ON Thursday, August 9, it will be ten years since a panic freeze in banking liquidity...
PUBLISHED Aug 8, 2017 05:50 AM

En bloc, huge deals push S'pore up on list of most active markets in Asia-Pac

SINGAPORE climbed to its highest position in five years on a list of most active big-...
PUBLISHED Aug 8, 2017 05:50 AM

Presidential hopeful Halimah quits as Speaker, leaves PAP

A DAY after declaring her intent to contest next month's presidential election,...
PUBLISHED Aug 8, 2017 05:50 AM

SPH, Mediacorp tie up to offer programmatic advertising

SINGAPORE Press Holdings (SPH) and Mediacorp on Monday announced an alliance to create a...
PUBLISHED Aug 8, 2017 05:50 AM

Deloitte picks Singapore for its first centre of excellence

MORE help is now available for companies that face challenges in their business...
PUBLISHED Aug 8, 2017 05:50 AM

WeWork to pump US$500m into SE Asia, S Korea expansion

WEWORK Cos, the world's largest provider of shared work spaces, will invest US$500...
PUBLISHED Aug 8, 2017 05:50 AM

HNA's Reit partner mulls reducing ties with firm

HNA Group Co's partner in an overseas property trust is exploring ways to...
PUBLISHED Aug 8, 2017 05:50 AM

S Korea, US to increase pressure on Pyongyang

SOUTH Korean President Moon Jae-In and his US counterpart, Donald Trump, agreed to apply...
PUBLISHED Aug 8, 2017 05:50 AM

Lexus launches LC flagship coupe at novel pop-up

WHEN auto distributors take up space in a shopping centre, it is usually to sell cars...
PUBLISHED Aug 8, 2017 05:50 AM

Fifty years on, S-E Asia emerges as a global growth leader

THE Association of Southeast Asian Nations (Asean) has much to crow about as it marks its...
PUBLISHED Aug 8, 2017 05:50 AM

Singapore top draw for startup professionals? Not so simple

A STUDY has ranked Singapore as the world's top city for professionals looking to...
PUBLISHED Aug 8, 2017 05:50 AM

STOCKS

STOCKS

DBS, OCBC drag STI into the red

DESPITE a rise in the Dow futures, the Straits Times Index (STI) drifted to a 5.85-point...
PUBLISHED Aug 8, 2017 05:50 AM

Brokers' take

Q2 earnings grew 8 per cent YoY (year on year) underpinned by broad-based loan growth and...
PUBLISHED Aug 8, 2017 05:50 AM
CURRENCIES

US dollar slips after Friday's gains

THE US dollar edged lower on Monday, giving back some of its gains from Friday as...
PUBLISHED Aug 8, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Earlier intervention, tougher action needed from regulators

SINGAPORE'S financial market regulators can and should do a better job of holding...
PUBLISHED Aug 8, 2017 05:50 AM

GasHub signs MOU with Sinochem unit

HOMEGROWN gas-piping and energy services specialist GasHub, which will be listing on the...
PUBLISHED Aug 8, 2017 05:50 AM

Singapore life insurance growth still strong

SINGAPORE'S life insurance business continued on its strong growth momentum for the...
PUBLISHED Aug 8, 2017 05:50 AM

Talks with potential investors preliminary, Stratech says in response to rumours

THE Stratech Group, which has been placed on the Singapore Exchange watch-list in June...
PUBLISHED Aug 8, 2017 05:50 AM

Yangzijiang shares up 83% in 2017 as demand for new bulk carriers recovers

A RECOVERY in demand for new bulk carriers has helped Singapore's worst-performing...
PUBLISHED Aug 8, 2017 05:50 AM

Tesla makes debut in junk-bond market

ELECTRIC car pioneer Tesla announced its junk-bond debut with a US$1.5 billion, eight-...
PUBLISHED Aug 8, 2017 05:50 AM

Ho Bee Land's Q2 earnings fall 14%; revenue tumbles 78.4%

REAL estate group Ho Bee Land reported a 14.1 per cent year-on-year drop in net profit to...
PUBLISHED Aug 8, 2017 05:50 AM

Frasers Centrepoint posts 18.4% rise in Q3 profit

REAL estate company Frasers Centrepoint Ltd (FCL) earned a net profit of S$182.39 million...
PUBLISHED Aug 8, 2017 05:50 AM

Vicom's Q2 profit drops 8.3% to S$6.07m

VICOM'S net profit for the second quarter ended June 30 fell 8.3 per cent to S$6.07...
PUBLISHED Aug 8, 2017 05:50 AM

Renault forms new JV company in Iran

FRENCH carmaker Renault said on Monday that it has signed a new joint venture deal in...
PUBLISHED Aug 8, 2017 05:50 AM

Corporate digest

NOBLE Group Limited said on Monday that it does not want to comment further on...
PUBLISHED Aug 8, 2017 05:50 AM
STOCKS

DBS, OCBC drag STI into the red

DESPITE a rise in the Dow futures, the Straits Times Index (STI) drifted to a 5.85-point...
PUBLISHED Aug 8, 2017 05:50 AM

Brokers' take

Q2 earnings grew 8 per cent YoY (year on year) underpinned by broad-based loan growth and...
PUBLISHED Aug 8, 2017 05:50 AM
CURRENCIES

US dollar slips after Friday's gains

THE US dollar edged lower on Monday, giving back some of its gains from Friday as...
PUBLISHED Aug 8, 2017 05:50 AM

Roxy to build River Valley block with more than 100 units

ROXY-PACIFIC Holdings plans to redevelop a freehold plot in River Valley Road, which it...
PUBLISHED Aug 8, 2017 05:50 AM

REAL ESTATE

Ho Bee Land's Q2 earnings fall 14%; revenue tumbles 78.4%

REAL estate group Ho Bee Land reported a 14.1 per cent year-on-year drop in net profit to...
PUBLISHED Aug 8, 2017 05:50 AM

Frasers Centrepoint posts 18.4% rise in Q3 profit

REAL estate company Frasers Centrepoint Ltd (FCL) earned a net profit of S$182.39 million...
PUBLISHED Aug 8, 2017 05:50 AM

Roxy to build River Valley block with more than 100 units

ROXY-PACIFIC Holdings plans to redevelop a freehold plot in River Valley Road, which it...
PUBLISHED Aug 8, 2017 05:50 AM

Country Garden woos non-Chinese buyers for Forest City project

COUNTRY Garden Holdings Co said it's looking to attract customers from countries...
PUBLISHED Aug 8, 2017 05:50 AM

S Arabia builds cities on sand to take economy past oil

AFTER relying on oil to fuel its economy for more than half a century, Saudi Arabia is...
PUBLISHED Aug 8, 2017 05:50 AM

BANKING & FINANCE

China banks get more time for risk assessments

CHINA'S banking regulator has extended by two months a June deadline for banks to...
PUBLISHED Aug 8, 2017 05:50 AM

Paris aims to win race to be EU's post-Brexit financial capital

FINANCE Minister Bruno Le Maire said Paris will beat Frankfurt to become the European...
PUBLISHED Aug 8, 2017 05:50 AM

Carlyle seeks to boost India deals as buyout opportunities rise

CARLYLE Group LP is seeking to boost its dealmaking in India as buyout opportunities rise...
PUBLISHED Aug 8, 2017 05:50 AM

CBA vows to fight claims of money laundering

AUSTRALIA'S biggest bank on Monday admitted mistakes were made but vowed to defend...
PUBLISHED Aug 8, 2017 05:50 AM

ENERGY & COMMODITIES

COMMENTARY

More than meets the eye as China tops US as biggest crude importer

HOW impressed should you be by China overtaking the United States as the world's...
PUBLISHED Aug 8, 2017 05:50 AM

Pakistani energy explorers venturing into insurgency areas

PAKISTAN'S state-owned companies are spending record amounts on energy exploration,...
PUBLISHED Aug 8, 2017 05:50 AM

Electric car boom drives rush to heartland of Australia's mining sector

A SCRAMBLE by the lithium market's biggest players to tie up supply of the high-tech...
PUBLISHED Aug 8, 2017 05:50 AM

TECHNOLOGY

China's Netease guns for Western gamers

CHANCES are few outside of China have heard of NetEase Inc, though it makes more money...
PUBLISHED Aug 8, 2017 05:50 AM

Sprint weighs deal-making to get bigger to survive

MASAYOSHI Son, the Japanese telecommunications mogul, has always been known as an...
PUBLISHED Aug 8, 2017 05:50 AM

CONSUMER

Spies, blockchain and Alibaba: beating China's fake-food scourge

A BOWL of ice cream on a hot day in Shanghai gave American Mitchell Weinberg the worst...
PUBLISHED Aug 8, 2017 05:50 AM

Contaminated eggs leave many Dutch farmers 'powerless'

IN the dark and silent shed of a small Dutch poultry farm, 1.8 million eggs closely...
PUBLISHED Aug 8, 2017 05:50 AM

US cable firms welcome Netflix as TV viewing shifts

A GROWING number of US cable operators are forming alliances with Netflix Inc, a shift...
PUBLISHED Aug 8, 2017 05:50 AM

TRANSPORT

Yangzijiang shares up 83% in 2017 as demand for new bulk carriers recovers

A RECOVERY in demand for new bulk carriers has helped Singapore's worst-performing...
PUBLISHED Aug 8, 2017 05:50 AM

Renault forms new JV company in Iran

FRENCH carmaker Renault said on Monday that it has signed a new joint venture deal in...
PUBLISHED Aug 8, 2017 05:50 AM

Honda's solo act turns risky in alliance-happy car industry

HONDA Motor Co's go-it-alone strategy looks increasingly risky as an alliance-happy...
PUBLISHED Aug 8, 2017 05:50 AM

BMW urges foreign carmakers to pay into German transport fund

FOREIGN carmakers should contribute to a proposed German fund set up to improve urban...
PUBLISHED Aug 8, 2017 05:50 AM

As Toyota and Mazda scour US for joint plant, Mississippi opens its arms

AS Toyota Motor Corp and Mazda Motor Corp begin to scour the United States for where to...
PUBLISHED Aug 8, 2017 05:50 AM

US aviation authority takes advice it trashed 6 years ago on preventing collisions

THE US Federal Aviation Administration is implementing recommendations it rejected six...
PUBLISHED Aug 8, 2017 05:50 AM

Cambodia to ask Japan to invest US$800m in skytrain

CAMBODIA will ask Japan to invest US$800 million in a skytrain system for the capital...
PUBLISHED Aug 8, 2017 05:50 AM

GOVERNMENT & ECONOMY

UK dismisses 40b euro Brexit bill report as speculation

PRIME Minister Theresa May's office dismissed as speculation a report that the UK is...
PUBLISHED Aug 8, 2017 05:50 AM

Globalisation thrives in Asia as upswing in exports drives growth

FOR all the talk of globalisation's retreat amid the mercantilist rhetoric of Donald...
PUBLISHED Aug 8, 2017 05:50 AM

Thais hope to exit Trump's trade hit list as Tillerson visits

THAI officials voiced hope ahead of a visit by US Secretary of State Rex Tillerson of...
PUBLISHED Aug 8, 2017 05:50 AM

Rising living costs may erode Najib's voter support

IN Malaysia's capital, a banana fritter seller fastens helmets on his two children...
PUBLISHED Aug 8, 2017 05:50 AM

Indonesia's school system ranked among lowest globally

HEADING into the final year of his undergraduate degree in computer science Diky Arga, 21...
PUBLISHED Aug 8, 2017 05:50 AM

Indonesia's Q2 GDP growth disappoints on tepid spending

INDONESIA'S gross domestic product grew more slowly than expected in the second...
PUBLISHED Aug 8, 2017 05:50 AM
EDITORIAL

At last, a voice of reason after all the chest thumping over Pyongyang

It is good that US Secretary of State Rex Tillerson has made a clear statement of America...
PUBLISHED Aug 8, 2017 05:50 AM

Why US may steer clear of a China confrontation

IT seemed to be official: President Donald Trump was getting ready to press China to...
PUBLISHED Aug 8, 2017 05:50 AM
COMMENTARY

Korea hangs over Tillerson's tricky Asean trip

REX Tillerson is in the midst of his latest tricky diplomatic trip, this time to South-...
PUBLISHED Aug 8, 2017 05:50 AM

LIFE & CULTURE

Panel proposes Bay East Garden as site for Founders' Memorial

THE Founders' Memorial Committee has proposed that Bay East Garden be the site of a...
PUBLISHED Aug 8, 2017 05:50 AM

The panhandler's lament: In an increasingly cashless world, fewer have a dime to spare

JOHN Sullivan wears a giant foam hat in the shape of a whale. It works well as a...
PUBLISHED Aug 8, 2017 05:50 AM

SME

More SMEs tap Myanmar's potential

SINGAPORE's small- and medium-sized enterprises (SMEs) are increasingly seeing the...
PUBLISHED Aug 8, 2017 05:50 AM

Scrubbing away that idea about sunset industries

DIVING into a venture without prior expertise is not easy. That said, it is even more...
PUBLISHED Aug 8, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Earlier intervention, tougher action needed from regulators

SINGAPORE'S financial market regulators can and should do a better job of holding...
PUBLISHED Aug 8, 2017 05:50 AM
EDITORIAL

At last, a voice of reason after all the chest thumping over Pyongyang

It is good that US Secretary of State Rex Tillerson has made a clear statement of America...
PUBLISHED Aug 8, 2017 05:50 AM

Why US may steer clear of a China confrontation

IT seemed to be official: President Donald Trump was getting ready to press China to...
PUBLISHED Aug 8, 2017 05:50 AM
THE BOTTOM LINE

Trump's great growth debate raises posers about US future

THE argument between the Trump administration and its critics over a sustainable rate of...
PUBLISHED Aug 8, 2017 05:50 AM

Signs point to Asia becoming key medtech innovation hotspot

FOR most of recent history, research and development (R&D) in the field of medical...
PUBLISHED Aug 8, 2017 05:50 AM
COMMENTARY

Korea hangs over Tillerson's tricky Asean trip

REX Tillerson is in the midst of his latest tricky diplomatic trip, this time to South-...
PUBLISHED Aug 8, 2017 05:50 AM
COMMENTARY

Why Illiberal Democrats have popular support

THE rise of "illiberal democracy" in Europe is one of the most baneful trends...
PUBLISHED Aug 8, 2017 05:50 AM
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