Friday, Aug 11, 2017

TOP STORIES

Economists expect Q2 growth to be revised upwards

ECONOMISTS expect a more modest second-half economic growth, so the latest government...
PUBLISHED Aug 11, 2017 05:50 AM

A truly modern Singapore in BT Weekend

EAT what, Singapore? We may be intent on saving traditional hawker food but a growing...
PUBLISHED Aug 11, 2017 05:50 AM

MAS and CAD sound warning over digital tokens and related investment schemes

THE authorities have warned the public about the risks tied to investment schemes...
PUBLISHED Aug 11, 2017 05:50 AM
NOBLE'S TROUBLES

US$1.2b one-off charges deepen Noble Group's Q2 loss to US$1.75b

HIT by trading losses in its oil liquids business and US$1.2 billion in one-off charges,...
PUBLISHED Aug 11, 2017 05:50 AM
PUBLISHED Aug 11, 2017 05:50 AM

All eyes on Ezion's moves to quell market jitters

EZION Holdings' call for a trading halt before market opened on Thursday fuelled...
PUBLISHED Aug 11, 2017 05:50 AM

US equities roiled by geopolitical uncertainties, but China is set to lead Asian equities

AS US equities continue to face increasing geopolitical uncertainties amid employment...
PUBLISHED Aug 11, 2017 05:50 AM

Car COE premiums higher

CERTIFICATE of entitlement (COE) premiums for passenger cars rose, while those for...
PUBLISHED Aug 11, 2017 05:50 AM

DBS launches largest direct seller-to-buyer car marketplace

DBS has announced the launch its Car Marketplace, Singapore's largest direct seller-...
PUBLISHED Aug 11, 2017 05:50 AM
COMMENTARY

Who should be among Singapore's pantheon of heroes?

SINGAPORE received an early National Day present two weeks ago. It's not another...
PUBLISHED Aug 11, 2017 05:50 AM

Toshiba Corp wins auditor sign-off, likely to have avoided delisting for now

TOSHIBA Corp has likely avoided immediate delisting after its auditor signed off on its...
PUBLISHED Aug 11, 2017 05:50 AM

SIA to set up pilot training centre in Singapore with CAE

SINGAPORE Airlines (SIA) is teaming up with CAE to set up a pilot training centre to...
PUBLISHED Aug 11, 2017 05:50 AM

Some US coding boot camps close as field gets crowded

THE hype is fading for coding "boot camps" for-profit US schools offering...
PUBLISHED Aug 11, 2017 05:50 AM

STOCKS

STOCKS

Banks hold up STI amid N Korea tensions

A LARGE push on the banks helped the Straits Times Index record a rise of 5.16 points to...
PUBLISHED Aug 11, 2017 05:50 AM

Brokers' take

We believe growth is expected to be challenged by higher costs.
PUBLISHED Aug 11, 2017 05:50 AM
CURRENCIES

Euro falls against US$ as risk appetite drops

THE euro slipped towards a two-week low against the dollar on Tuesday as swirling...
PUBLISHED Aug 11, 2017 05:50 AM

Decision on Chinese buyout of Chicago exchange delayed

THE US Securities and Exchange Commission has dodged a political hot potato - for now -...
PUBLISHED Aug 11, 2017 05:50 AM
EDITORIAL

Technology a secular investment trend but caution still warranted

INVESTORS have been wary of the bull market in US stocks for the past few years and who...
PUBLISHED Aug 11, 2017 05:50 AM

COMPANIES & MARKETS

Cityneon shareholders advised to reject offer

INDEPENDENT directors of Cityneon Holdings Limited, a specialist in neon lighting and...
PUBLISHED Aug 11, 2017 05:50 AM

SBS Transit's Q2 profit jumps 75.3% to S$12.71m

BUS contracting and higher rail ridership boosted SBS Transit's (SBST) net profit...
PUBLISHED Aug 11, 2017 05:50 AM

mm2 Asia says it's still in talks to buy stake in Golden Village cinema business

mm2 Asia Ltd, a producer of films as well as TV and online content, said it is still in...
PUBLISHED Aug 11, 2017 05:50 AM

Japan Post Q1 profit up 26% at 104.5b yen

JAPAN Post Holdings Co Ltd on Thursday reported a 25.7 per cent increase in quarterly...
PUBLISHED Aug 11, 2017 05:50 AM

Interra renews oil production contracts in Myanmar

OIL exploration and production firm Interra Resources has renewed its oil production...
PUBLISHED Aug 11, 2017 05:50 AM

Wilmar swings into black in Q2 with US$60.2m profit

A RECOVERY in the oilseeds and grains business and gains from investment securities...
PUBLISHED Aug 11, 2017 05:50 AM

Boustead Singapore's Q1 profit falls 58% on FX loss, weak markets

INFRASTRUCTURE engineering company Boustead Singapore's net profit for its fiscal...
PUBLISHED Aug 11, 2017 05:50 AM

Kingsmen Creatives posts lower Q2 profit

COMMUNICATION design and production group Kingsmen Creatives' net profit for the...
PUBLISHED Aug 11, 2017 05:50 AM

Corporate digest

Significantly higher trading volumes across regional markets where UOB Kay Hian operates...
PUBLISHED Aug 11, 2017 05:50 AM

Centurion to buy another student housing asset in the US

CENTURION Corporation announced on Thursday plans to acquire College & Crown, a 160-...
PUBLISHED Aug 11, 2017 05:50 AM

Prudential Singapore reports strong growth in first half of 2017

HIGHER productivity from its distribution channels has helped lift insurer Prudential...
PUBLISHED Aug 11, 2017 05:50 AM

Nam Cheong hit with writ of summons from AmBank

NAM Cheong Ltd said in a Singapore Exchange (SGX) filing on Thursday that the company and...
PUBLISHED Aug 11, 2017 05:50 AM
STOCKS

Banks hold up STI amid N Korea tensions

A LARGE push on the banks helped the Straits Times Index record a rise of 5.16 points to...
PUBLISHED Aug 11, 2017 05:50 AM

Brokers' take

We believe growth is expected to be challenged by higher costs.
PUBLISHED Aug 11, 2017 05:50 AM
CURRENCIES

Euro falls against US$ as risk appetite drops

THE euro slipped towards a two-week low against the dollar on Tuesday as swirling...
PUBLISHED Aug 11, 2017 05:50 AM

Short-term thinking a killer in the long run

GOOD news isn't written overnight. Headlines by nature may be heralding and...
PUBLISHED Aug 11, 2017 05:50 AM

REAL ESTATE

Private condo rents in July up 0.2% as rental volume rises: SRX Property

RENTS of private non-landed homes in Singapore climbed 0.2 per cent in July compared to...
PUBLISHED Aug 11, 2017 05:50 AM

The nomads of summer in New York

TWENTY-FIVE years old, employed and engaged, Elana Rosman had not envisioned moving back...
PUBLISHED Aug 11, 2017 05:50 AM

At US$350m, Beverly Hillbillies mansion is priciest in the US

THE STORY of Jed Clampett is, by now, a legend. A poor mountaineer, he could barely feed...
PUBLISHED Aug 11, 2017 05:50 AM

London property slump drags UK home-price growth to a standstill

UK PROPERTY prices stagnated in July as a slump in London values spread to neighbouring...
PUBLISHED Aug 11, 2017 05:50 AM

BANKING & FINANCE

Investors run for cover as reliable UK dividends in jeopardy

ATTRACTIVELY high dividend payouts by companies listed on Britain's stock market...
PUBLISHED Aug 11, 2017 05:50 AM

Thai billionaire leads four firms with top-20 return potential

INVESTORS looking for upside potential in South-east Asia's emerging economies would...
PUBLISHED Aug 11, 2017 05:50 AM

China's bond issuers lacking in accountability

TRANSPARENT accounting may be one of the topmost concerns of bond investors in developed...
PUBLISHED Aug 11, 2017 05:50 AM

ENERGY & COMMODITIES

Cuban-born sugar barons amass over US$8b fortune by mastering US politics

AS Cuban refugees, the Fanjuls have a familiar story to tell. They fled the revolution...
PUBLISHED Aug 11, 2017 05:50 AM

Glencore slashes debt as it gears up for acquisitions

GLENCORE Plc built a war chest in the first half of the year, continuing to cut debt as...
PUBLISHED Aug 11, 2017 05:50 AM

Germany needs coal for power supply security

BURNING coal for power looks set to remain the backbone of Germany's energy supply...
PUBLISHED Aug 11, 2017 05:50 AM

In Aug 21 eclipse, gas will see its future as solar's back-up in US

NATURAL gas is about to get a glimpse of its future role in the United States power mix...
PUBLISHED Aug 11, 2017 05:50 AM

TECHNOLOGY

Next-generation battery seen powering space projects, cars

RESEARCHERS in Japan are closing in on a safer generation of batteries that could weather...
PUBLISHED Aug 11, 2017 05:50 AM

Facebook launches dedicated home for videos

FACEBOOK is coming for broadcast television. And YouTube. And Netflix. And every other...
PUBLISHED Aug 11, 2017 05:50 AM

CONSUMER

New era dawns as Disney moves to streaming

DISNEY set off a sonic boom in Hollywood by unveiling plans to start two Netflix-style...
PUBLISHED Aug 11, 2017 05:50 AM

Indian family drug firm turns world-beater

IF the stock market is any guide, Sharvil Patel has just inherited one of the top generic...
PUBLISHED Aug 11, 2017 05:50 AM

Fed up with paying the price for Teva's woes, workers dig in

WHITE banners with red-and-black Hebrew letters saying "We won't be the victims...
PUBLISHED Aug 11, 2017 05:50 AM

Belgium, the Netherlands hatch plan to curb spread of bad eggs

DUTCH and Belgian investigators launched joint raids on Thursday over Europe's...
PUBLISHED Aug 11, 2017 05:50 AM

Retailers on the rebound with the help of enhanced IT

THE South-east Asian region is very much on the rise. In terms of economic growth, the 10...
PUBLISHED Aug 11, 2017 05:50 AM

TRANSPORT

Hertz's 101-year-old business model nears twilight in Uber age

AT THE dawn of America's automobile age, a Nebraskan by the name of Joe Saunders...
PUBLISHED Aug 11, 2017 05:50 AM

Qatar Airways targets other US investments after American rebuff

QATAR Airways hasn't given up on investing in the United States after scrapping...
PUBLISHED Aug 11, 2017 05:50 AM

Boeing, Nasa look to flying geese in chase for jet-fuel savings

BOEING Co and Nasa have found an inexpensive way to cut airline fuel bills by borrowing a...
PUBLISHED Aug 11, 2017 05:50 AM

Chinese private equity firm GSR to pay US$1b to buy Nissan's battery business

NISSAN Motor Co is selling its battery business to Chinese private equity firm GSR...
PUBLISHED Aug 11, 2017 05:50 AM

GOVERNMENT & ECONOMY

Thai billionaire leads four firms with top-20 return potential

INVESTORS looking for upside potential in South-east Asia's emerging economies would...
PUBLISHED Aug 11, 2017 05:50 AM
LATEST US DATA

Producer prices record biggest drop in 11 months

US producer prices unexpectedly fell in July, recording their biggest drop in nearly a...
PUBLISHED Aug 11, 2017 05:50 AM

Japan core machinery orders drop in June

JAPAN'S core machinery orders unexpectedly fell for a third consecutive month in...
PUBLISHED Aug 11, 2017 05:50 AM

Belgium, the Netherlands hatch plan to curb spread of bad eggs

DUTCH and Belgian investigators launched joint raids on Thursday over Europe's...
PUBLISHED Aug 11, 2017 05:50 AM

Decision on Chinese buyout of Chicago exchange delayed

THE US Securities and Exchange Commission has dodged a political hot potato - for now -...
PUBLISHED Aug 11, 2017 05:50 AM

A currency safe haven is feeling less safe

IT IS the closest thing to a certainty in the global economy. When trouble flares and...
PUBLISHED Aug 11, 2017 05:50 AM

Doctors at heart of US opioid crisis

WHEN 55-year-old Sheila Bartels left her doctor's office in Oklahoma, she had a...
PUBLISHED Aug 11, 2017 05:50 AM

UK trade, manufacturing disappoint in second quarter

THE UK economy ended the second quarter on a disappointing note as manufacturing...
PUBLISHED Aug 11, 2017 05:50 AM

Short-term thinking a killer in the long run

GOOD news isn't written overnight. Headlines by nature may be heralding and...
PUBLISHED Aug 11, 2017 05:50 AM
THE BOTTOM LINE

The danger of having an incurious president

THERE are infinite questions to ask of history. For instance, is Frederick Douglass...
PUBLISHED Aug 11, 2017 05:50 AM

Brexit offers UK chance to reinvent its global role

PAKISTAN and India celebrate the 70th anniversary of their independence from the United...
PUBLISHED Aug 11, 2017 05:50 AM

Retailers on the rebound with the help of enhanced IT

THE South-east Asian region is very much on the rise. In terms of economic growth, the 10...
PUBLISHED Aug 11, 2017 05:50 AM

DINING OUT

D'Silva hits the sweet spot in latest venture

THE restaurant is new, but the chef is not. Damian D'Silva has been around the F...
PUBLISHED Aug 11, 2017 05:50 AM

OPINION

Short-term thinking a killer in the long run

GOOD news isn't written overnight. Headlines by nature may be heralding and...
PUBLISHED Aug 11, 2017 05:50 AM
THE BOTTOM LINE

The danger of having an incurious president

THERE are infinite questions to ask of history. For instance, is Frederick Douglass...
PUBLISHED Aug 11, 2017 05:50 AM
EDITORIAL

Technology a secular investment trend but caution still warranted

INVESTORS have been wary of the bull market in US stocks for the past few years and who...
PUBLISHED Aug 11, 2017 05:50 AM

Unethical leaders thrive on support from followers

WHAT happens when a leader behaves unethically?
PUBLISHED Aug 11, 2017 05:50 AM

Brexit offers UK chance to reinvent its global role

PAKISTAN and India celebrate the 70th anniversary of their independence from the United...
PUBLISHED Aug 11, 2017 05:50 AM

Retailers on the rebound with the help of enhanced IT

THE South-east Asian region is very much on the rise. In terms of economic growth, the 10...
PUBLISHED Aug 11, 2017 05:50 AM

Lifestyle

D'Silva hits the sweet spot in latest venture

THE restaurant is new, but the chef is not. Damian D'Silva has been around the F...
PUBLISHED Aug 11, 2017 05:50 AM

Disappointing bottles that raise provenance concerns

GEVREY-Chambertin is the largest of Burgundy's wine villages. Situated at the...
PUBLISHED Aug 11, 2017 05:50 AM

Beware, Annabelle's back to haunt

LONG before the mass production of Mattel and Hasbro, dolls were soulfully handcrafted...
PUBLISHED Aug 11, 2017 05:50 AM

All about the booze and boys

SISTERS have been doing it for themselves for some time now and the celebration of black...
PUBLISHED Aug 11, 2017 05:50 AM

Fable that's a love letter to the redemptive power of creativity

THE oddball indie comedy Brigsby Bear earned Kyle Mooney and his Saturday Night Live...
PUBLISHED Aug 11, 2017 05:50 AM

Several firsts for Art Stage Jakarta

GALLERIES in Singapore and other countries in the region, such as Malaysia, are finding a...
PUBLISHED Aug 11, 2017 05:50 AM

Rambunctious slapstick machine

THE laughs come easily in Army Daze 2, the new over-the-top sequel to the popular 1987...
PUBLISHED Aug 11, 2017 05:50 AM

Reinventing himself with disco and cats

IT might have taken some years but Sezairi Sezali has finally discovered himself. . ...
PUBLISHED Aug 11, 2017 05:50 AM

Another milestone in great landmarks

THROW a stone in Marina Centre or on Orchard Road, and chances are that it will hit a...
PUBLISHED Aug 11, 2017 05:50 AM

No longer YouTube's best kept secret

THE Internet might have turned Justin Bieber and Psy into pop stars overnight but for...
PUBLISHED Aug 11, 2017 05:50 AM
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