Thursday, Aug 17, 2017

TOP STORIES

Analysts predict upside for wastewater-treatment firms

WASTEWATER treatment firms on the Singapore Exchange (SGX) have scored a flurry of...
PUBLISHED Aug 17, 2017 05:50 AM

Singapore SME business sentiment on the rise: survey

BUSINESS sentiment among Singapore SMEs (small and medium enterprises) has risen, at...
PUBLISHED Aug 17, 2017 05:50 AM

Black on black with Ion Orchard

TOMORROW'S edition of The Business Times will have a UV-coated black-on-black cover...
PUBLISHED Aug 17, 2017 05:50 AM

Startups get a fillip at one-north Festival

STARTUP activity was kicked up a notch on Wednesday, with the launch of the one-north...
PUBLISHED Aug 17, 2017 05:50 AM

Heng urges companies to give innovation a boost

SINGAPORE companies are now spending more on research and development (R&D), but...
PUBLISHED Aug 17, 2017 05:50 AM

Four High Court judges appointed: Prime Minister's Office

FOUR new judges of the High Court have been appointed by President Tony Tan Keng Yam on...
PUBLISHED Aug 17, 2017 05:50 AM

Regulators boosting efforts to face cyber attacks: Deloitte

AS worries grow over a financial cyber crisis, Asia's regulators are stepping up...
PUBLISHED Aug 17, 2017 05:50 AM

Britain proposes 'temporary customs union' after Brexit

BRITAIN'S proposal for post-Brexit arrangements with the European Union (EU) calls...
PUBLISHED Aug 17, 2017 05:50 AM

Many unmoved by Isa Samad's arrest over Felda's hotel deals

THE arrest and remand of Isa Samad, former chairman of the Federal Land Development...
PUBLISHED Aug 17, 2017 05:50 AM

Qatar seen surviving Saudi-led sanctions

QATAR'S economy has been hit by the sanctions imposed by a Saudi-led Arab bloc but...
PUBLISHED Aug 17, 2017 05:50 AM

Rift widens between Trump and business leaders

THE chief executive of Walmart, the world's largest retailer, criticised President...
PUBLISHED Aug 17, 2017 05:50 AM

STOCKS

Brokers' take

Midas Holdings Limited's Q2 17 revenue jumped 32.1 per cent year on year to 505.6...
PUBLISHED Aug 17, 2017 05:50 AM
STOCKS

Banks continue to drag STI lower

WEAKNESS in the three banks following fresh concerns over their oil and gas (O&G)...
PUBLISHED Aug 17, 2017 05:50 AM
CURRENCIES

Euro falls with no sign of ECB policy change

THE euro held near the day's lows on Wednesday after sources signalled European...
PUBLISHED Aug 17, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

ETFs a mixed blessing for retail investors

NEVER has investing been so easy. With the click of a button, new investors can buy a...
PUBLISHED Aug 17, 2017 05:50 AM

K1 plans S$131m distribution after stake sale

INVESTMENT holding company K1 Ventures - in which Temasek Holdings owns a deemed stake -...
PUBLISHED Aug 17, 2017 05:50 AM

Keppel Land China divests Nantong residential project for 1.43b yuan

KEPPEL Land China's wholly owned subsidiary Merryfield Investment has entered into...
PUBLISHED Aug 17, 2017 05:50 AM
HOT STOCK

Shares in Sino Grandness dive, sparking SGX query

THE share price of Sino Grandness Food Industry Group plunged as much as 24 per cent on...
PUBLISHED Aug 17, 2017 05:50 AM

Tencent beats expectations with 70% Q2 profit surge

CHINESE tech giant Tencent on Wednesday reported second-quarter results that handily beat...
PUBLISHED Aug 17, 2017 05:50 AM

Creative awarded S$36m in legal proceedings against Huawei

CREATIVE Technology has been awarded some S$36 million in its legal proceedings in...
PUBLISHED Aug 17, 2017 05:50 AM

Cathay Pacific posts worst first-half loss in at least 20 years

CATHAY Pacific Airways Ltd on Wednesday posted its worst first-half loss in at least 20...
PUBLISHED Aug 17, 2017 05:50 AM

Corporate digest

DEL Monte Pacific on Wednesday announced the appointment of Gregory Longstreet as the new...
PUBLISHED Aug 17, 2017 05:50 AM

Green bond market still small, with likes of Tesla skipping it

INVESTORS are hungrier than ever for green bonds, yet companies known for their...
PUBLISHED Aug 17, 2017 05:50 AM

Ex-Nomura man in Chicago takes activist investing to small Japan firms

FROM downtown Chicago, a former Nomura Holdings Inc salesman is taking activist investing...
PUBLISHED Aug 17, 2017 05:50 AM

POSB launches first wearable-tech savings and payments programme for schools

POSB on Wednesday celebrated the official launch of a global first - the POSB Smart Buddy...
PUBLISHED Aug 17, 2017 05:50 AM

Brokers' take

Midas Holdings Limited's Q2 17 revenue jumped 32.1 per cent year on year to 505.6...
PUBLISHED Aug 17, 2017 05:50 AM
STOCKS

Banks continue to drag STI lower

WEAKNESS in the three banks following fresh concerns over their oil and gas (O&G)...
PUBLISHED Aug 17, 2017 05:50 AM
CURRENCIES

Euro falls with no sign of ECB policy change

THE euro held near the day's lows on Wednesday after sources signalled European...
PUBLISHED Aug 17, 2017 05:50 AM

REAL ESTATE

Keppel Land China divests Nantong residential project for 1.43b yuan

KEPPEL Land China's wholly owned subsidiary Merryfield Investment has entered into...
PUBLISHED Aug 17, 2017 05:50 AM

New tenants to fill half of Century Sq after mall's revamp

ASIAMALLS Management Pte Ltd, the property manager of Century Square, is investing S$60...
PUBLISHED Aug 17, 2017 05:50 AM

Tenants sue Kushner companies claiming rent rule violations

A GROUP of New York City tenants has sued the Kushner Cos, the family real estate firm of...
PUBLISHED Aug 17, 2017 05:50 AM

Home Depot increases FY profit forecasts

HOME Depot Inc raised its full-year forecasts but concerns over a looming slowdown in the...
PUBLISHED Aug 17, 2017 05:50 AM

Cranes towering over Madrid show Spanish construction recovery

SPAIN'S long-suffering property market is staging a comeback; just count the cranes...
PUBLISHED Aug 17, 2017 05:50 AM

Higher costs, project delays dent Fletcher Building's annual profits

FLETCHER Building Ltd, New Zealand's biggest construction firm, posted a far larger-...
PUBLISHED Aug 17, 2017 05:50 AM

Toronto leads Canada's biggest home price fall since 2008 recession

CANADA'S benchmark home price fell by the most in nearly a decade last month as...
PUBLISHED Aug 17, 2017 05:50 AM

Three Texas cities are leading the US in new-home construction

IN the market for a new home? You'll fare better if you're house-hunting in...
PUBLISHED Aug 17, 2017 05:50 AM

The little Tennessee golf course that could

ARCHITECTURALLY, the best golf holes are those in which success and failure reside in...
PUBLISHED Aug 17, 2017 05:50 AM

BANKING & FINANCE

POSB launches first wearable-tech savings and payments programme for schools

POSB on Wednesday celebrated the official launch of a global first - the POSB Smart Buddy...
PUBLISHED Aug 17, 2017 05:50 AM

China regains spot as largest foreign US creditor

CHINA purchased the most US Treasuries in six years in June, vaulting past Japan as the...
PUBLISHED Aug 17, 2017 05:50 AM

Hedge fund Elliott Management raises stake in BHP in push for change

HEDGE fund Elliott Management has raised its stake in BHP Billiton to 5 per cent,...
PUBLISHED Aug 17, 2017 05:50 AM

End of US payments to health insurers would cause premiums to rise

HEALTH insurance premiums for many customers on the Obamacare individual insurance...
PUBLISHED Aug 17, 2017 05:50 AM

Aflac turns to KKR as Kirsch diversifies US$120b portfolio

AFLAC Inc has turned to KKR & Co for a push into private equity as chief investment...
PUBLISHED Aug 17, 2017 05:50 AM

ENERGY & COMMODITIES

Leaner Petronas to focus on select markets

MALAYSIAN state energy firm Petronas will focus on a few select markets for expansion,...
PUBLISHED Aug 17, 2017 05:50 AM

As good as it gets: Iron ore risks a reversal as China cools

IRON ore in the US$70s a tonne may be as good as it gets for some time. After rallying...
PUBLISHED Aug 17, 2017 05:50 AM

Solar developers, panel makers clash over tariff request

DOZENS of solar industry executives, government officials and foreign diplomats gathered...
PUBLISHED Aug 17, 2017 05:50 AM

TECHNOLOGY

Creative awarded S$36m in legal proceedings against Huawei

CREATIVE Technology has been awarded some S$36 million in its legal proceedings in...
PUBLISHED Aug 17, 2017 05:50 AM

US tech companies ramp up Nafta lobbying on eve of trade talks

TECHNOLOGY companies, such as Microsoft and Cisco Systems, have ramped up lobbying ahead...
PUBLISHED Aug 17, 2017 05:50 AM

Mobile app Babbel, Cambridge team up for English tests

GERMANY'S Babbel, the highest grossing maker of mobile language-learning apps, has...
PUBLISHED Aug 17, 2017 05:50 AM

Oozi Cats or Uzi Katz: from fugitive to tech CEO and back again

AS the boss of a successful, if obscure, technology firm serving customers such as Tesla...
PUBLISHED Aug 17, 2017 05:50 AM

Apple tightens Hong Kong returns policy ahead of new iPhone launch

APPLE Inc is making it harder for touts to profit from buying iPhones in Hong Kong only...
PUBLISHED Aug 17, 2017 05:50 AM

It's time to discuss ethics in this AI era

WE have made more progress in artificial intelligence (AI) in the last three years than...
PUBLISHED Aug 17, 2017 05:50 AM

CONSUMER

Belgian beer invasion takes on Brexit as brewers eye UK market

THE UK's impending departure from the European Union (EU) has been blamed for...
PUBLISHED Aug 17, 2017 05:50 AM

McDonald's China counts on developer deals to catch KFC

THE new owners of McDonald's China are sealing deals with the country's biggest...
PUBLISHED Aug 17, 2017 05:50 AM

F&B stores should be more experiential

TEN years ago, if you felt like having fried chicken, the only choices were KFC and...
PUBLISHED Aug 17, 2017 05:50 AM

TRANSPORT

Cathay Pacific posts worst first-half loss in at least 20 years

CATHAY Pacific Airways Ltd on Wednesday posted its worst first-half loss in at least 20...
PUBLISHED Aug 17, 2017 05:50 AM

Global shipping lines recovering from downturn

THE hulking container ships that transport sneakers, bananas and barbie dolls around the...
PUBLISHED Aug 17, 2017 05:50 AM

Air Berlin files for bankruptcy, leaves valuable runway slots up for grabs

AIR Berlin, Germany's second-largest airline, filed for bankruptcy protection on...
PUBLISHED Aug 17, 2017 05:50 AM

Number of traffic deaths in US down slightly at 18,680 in H1 2017

AFTER soaring in the first six months of last year, traffic deaths this year have...
PUBLISHED Aug 17, 2017 05:50 AM

China electric car newcomer Future Mobility raises US$200m in latest financing round

CHINESE electric car venture Future Mobility Corp, co-founded by former BMW and Nissan...
PUBLISHED Aug 17, 2017 05:50 AM

Geely's H1 beats expectations as Volvo collaboration pays off

CHINA'S Geely Automobile Holdings Ltd said on Wednesday that first-half profit more...
PUBLISHED Aug 17, 2017 05:50 AM

GOVERNMENT & ECONOMY

May makes Tokyo dash to woo Japanese investors

BRITAIN'S Prime Minister Theresa May will make an official visit to Japan at the end...
PUBLISHED Aug 17, 2017 05:50 AM

Jakarta banks on stronger GDP growth in 2018 budget

INDONESIAN President Joko Widodo on Wednesday proposed a state budget for 2018 that...
PUBLISHED Aug 17, 2017 05:50 AM

Nafta renegotiation talks begin amid high expectations

NEGOTIATORS from Canada, Mexico and the United States were to open the first round of...
PUBLISHED Aug 17, 2017 05:50 AM

US factory workers quitting in droves

KIPP Glenn grew tired of standing for eight-hour shifts, assembling steel furnace doors...
PUBLISHED Aug 17, 2017 05:50 AM

Solid German growth gives Merkel election tailwind

STRONG household and state spending consolidated Germany's role as the eurozone...
PUBLISHED Aug 17, 2017 05:50 AM

Aussie minister accuses NZ party of undermining its government

AMONG countries of the world, Australia and New Zealand are like siblings, with a shared...
PUBLISHED Aug 17, 2017 05:50 AM

No need to get excited about Trump's rhetoric

WHEN yours truly was an undergraduate student majoring in international relations...
PUBLISHED Aug 17, 2017 05:50 AM
THE BOTTOMLINE

Time for modesty to take a stand against fanaticism

WE'RE living in an age of anxiety. The country is being transformed by complex...
PUBLISHED Aug 17, 2017 05:50 AM
EDITORIAL

India's latest economic report card shows promise

INDIAN Prime Minister Narendra Modi, in his speech to mark India's 70th Independence...
PUBLISHED Aug 17, 2017 05:50 AM

50 years on, S'pore's National Service is now a shared legacy

EXACTLY 50 years ago, on Aug 17, 1967, Singapore's pioneer batch of 900 full-time...
PUBLISHED Aug 17, 2017 05:50 AM

LIFE & CULTURE

'Missing link' bolsters bold theory on dino evolution

AN ODDBALL, vegetarian dinosaur with the silhouette of a flesh-ripping velociraptor,...
PUBLISHED Aug 17, 2017 05:50 AM

Kasparov loses his first game in comeback event

CHESS legend Garry Kasparov on Tuesday suffered the first loss of his brief but highly...
PUBLISHED Aug 17, 2017 05:50 AM

Marvel's battle-scarred The Defenders find teamwork tough

RIDING the slipstream of the Avengers, X-Men and Fantastic Four, The Defenders is...
PUBLISHED Aug 17, 2017 05:50 AM

Legendary bird attracts tourists to Japan shrine

VISITORS to Kumano Hongu Taisha shrine will spot numerous statues and other depictions of...
PUBLISHED Aug 17, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

ETFs a mixed blessing for retail investors

NEVER has investing been so easy. With the click of a button, new investors can buy a...
PUBLISHED Aug 17, 2017 05:50 AM

No need to get excited about Trump's rhetoric

WHEN yours truly was an undergraduate student majoring in international relations...
PUBLISHED Aug 17, 2017 05:50 AM
THE BOTTOMLINE

Time for modesty to take a stand against fanaticism

WE'RE living in an age of anxiety. The country is being transformed by complex...
PUBLISHED Aug 17, 2017 05:50 AM
EDITORIAL

India's latest economic report card shows promise

INDIAN Prime Minister Narendra Modi, in his speech to mark India's 70th Independence...
PUBLISHED Aug 17, 2017 05:50 AM

50 years on, S'pore's National Service is now a shared legacy

EXACTLY 50 years ago, on Aug 17, 1967, Singapore's pioneer batch of 900 full-time...
PUBLISHED Aug 17, 2017 05:50 AM

It's time to discuss ethics in this AI era

WE have made more progress in artificial intelligence (AI) in the last three years than...
PUBLISHED Aug 17, 2017 05:50 AM

F&B stores should be more experiential

TEN years ago, if you felt like having fried chicken, the only choices were KFC and...
PUBLISHED Aug 17, 2017 05:50 AM
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