Wednesday, Aug 23, 2017

TOP STORIES

Fund managers keep dancing even as September jinx looms

SEPTEMBER is approaching, with its reputation as the worst month in history for US stocks...
PUBLISHED Aug 23, 2017 05:50 AM

Alipay targeting Singapore consumers

ALIPAY, China's giant mobile payment provider, has its eyes trained on Singapore...
PUBLISHED Aug 23, 2017 05:50 AM

Singapore firms ink deals to ride tech and consumer wave in Guangdong

SINGAPORE companies in sectors ranging from logistics and education to jewellery retail...
PUBLISHED Aug 23, 2017 05:50 AM

ComfortDelGro in talks with Uber to help manage taxi fleet

COMFORTDELGRO, Singapore's biggest taxi operator, is thinking of car-pooling with...
PUBLISHED Aug 23, 2017 05:50 AM

RHB and AmBank Group call off merger talks

DISCUSSIONS on a proposed merger between RHB Bank Bhd and AMMB Holding Bhd (AmBank Group...
PUBLISHED Aug 23, 2017 05:50 AM

'Stop blaming trade and protecting obsolete jobs'

SINGAPORE'S Foreign Minister Vivian Balakrishnan called on the US and China to avoid...
PUBLISHED Aug 23, 2017 05:50 AM

Singapore to use smart data for maritime and port operations

THE port of Singapore is among the first in the world to apply sense-making smart data to...
PUBLISHED Aug 23, 2017 05:50 AM

Rosewood Hotels & Resorts to expand into South-east Asia

HOTEL management company Rosewood Hotels & Resorts is making its foray into South-...
PUBLISHED Aug 23, 2017 05:50 AM

STOCKS

Brokers' take

All the 24 S-Reits under our coverage reported Q2 FY17 results which came in within our...
PUBLISHED Aug 23, 2017 05:50 AM
STOCKS

Breather for market after five-day slide

SOME respite from Korean tensions and momentum from positive overnight markets in the...
PUBLISHED Aug 23, 2017 05:50 AM
CURRENCIES

Euro falls against broadly resurgent dollar

The single currency slipped 0.6 per cent against the greenback to $1.1750, retracing most...
PUBLISHED Aug 23, 2017 05:50 AM

This stock market magic can't last

SOME things just can't last. The nearly magical stock market that has persisted so...
PUBLISHED Aug 23, 2017 05:50 AM

COMPANIES & MARKETS

Growing beyond finance function

CHIEF financial officers (CFOs) may be viewed by most as the moneymen of an organisation...
PUBLISHED Aug 23, 2017 05:50 AM

Industrial stocks on ST Index just a shade ahead of benchmark's year-to-date returns

INDUSTRIAL stocks on the Straits Times Index (STI) have marginally outperformed the...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Singapore property's next 'Sail' moment not on the horizon

ALMOST exactly 13 years ago, Kwek Leng Beng, the billionaire chairman of City...
PUBLISHED Aug 23, 2017 05:50 AM

OCBC inks 10-year collaboration pact with Ningbo associate

OCBC Bank has signed a 10-year strategic cooperation agreement with 20 per cent associate...
PUBLISHED Aug 23, 2017 05:50 AM

CapitaLand debuts US$300m private-equity fund in Vietnam

CAPITALAND has set up its first private-equity fund in Vietnam that closed at US$300...
PUBLISHED Aug 23, 2017 05:50 AM
HOCK LOCK SIEW

Is regulatory framework for valuation industry adequate?

THE review of valuation and reporting practices that real estate valuers adopt in their...
PUBLISHED Aug 23, 2017 05:50 AM

Lum Chang unveils plan for One Tree Hill; FY17 profit falls

PROPERTY and construction group Lum Chang Holdings, which posted a 37 per cent drop in...
PUBLISHED Aug 23, 2017 05:50 AM

Civmec's Q4 profit drops 35.4% to S$956,000

A SHARE in the loss of a joint venture along with higher administrative expenses dented...
PUBLISHED Aug 23, 2017 05:50 AM

Brokers' take

All the 24 S-Reits under our coverage reported Q2 FY17 results which came in within our...
PUBLISHED Aug 23, 2017 05:50 AM
STOCKS

Breather for market after five-day slide

SOME respite from Korean tensions and momentum from positive overnight markets in the...
PUBLISHED Aug 23, 2017 05:50 AM
CURRENCIES

Euro falls against broadly resurgent dollar

The single currency slipped 0.6 per cent against the greenback to $1.1750, retracing most...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Pros and cons of Cosco's proposed asset sale

THE shipping, offshore maritime, oil and gas sectors have been suffering the effects of a...
PUBLISHED Aug 23, 2017 05:50 AM

Quantedge Global Fund is top performer with 21% gain

THE US$1.45 billion Quantedge Global Fund gained 21 per cent this year, ranking it as the...
PUBLISHED Aug 23, 2017 05:50 AM

Blackstone's bid for Croesus 'fair and reasonable': CIMB

AN independent financial adviser has found Blackstone's S$1.17 per unit cash offer...
PUBLISHED Aug 23, 2017 05:50 AM

REAL ESTATE

Germany's housing market is red hot - but not a bubble

GRIT Hildebrandt finally found her dream house near the German city of Rostock two years...
PUBLISHED Aug 23, 2017 05:50 AM

Wanda calls off £470m London land buy amid govt pressure

BILLIONAIRE Wang Jianlin's Dalian Wanda Group Co scrapped plans to buy a land plot...
PUBLISHED Aug 23, 2017 05:50 AM

Chinese developer Country Garden posts record 6-month net profit

COUNTRY Garden Holdings Co Ltd, China's top property developer by sales, reported a...
PUBLISHED Aug 23, 2017 05:50 AM

More retail outlets in NY set to open after big mall operator backs down

A SETTLEMENT with the largest US mall operator to limit the dominance of the Woodbury...
PUBLISHED Aug 23, 2017 05:50 AM

BANKING & FINANCE

China's 'big four' banks raise billions for Belt and Road deals

CHINA'S largest state-owned commercial banks are raising tens of billions of dollars...
PUBLISHED Aug 23, 2017 05:50 AM

Research firm rolls out pay-as-you-go menu for European equity reports

AUTONOMOUS Research LLP is offering a pay-as-you-go model for its European equity product...
PUBLISHED Aug 23, 2017 05:50 AM

Berkshire's flop on Oncor puts another dent in Buffett's dealmaking reputation

THIS year is not shaping up to be the stuff of Warren Buffett dealmaking legend. His US$9...
PUBLISHED Aug 23, 2017 05:50 AM

ENERGY & COMMODITIES

BHP quits US shale as annual profit surges

BHP Billiton, the world's largest miner, reported a surge in underlying full-year...
PUBLISHED Aug 23, 2017 05:50 AM

Russia's record grain crop will test storage, transport capacity

THE arrival of a record grain crop is expected to severely test Russia's cereal...
PUBLISHED Aug 23, 2017 05:50 AM

TECHNOLOGY

Hackers hijack phone numbers to grab e-wallets

HACKERS have discovered that one of the most central elements of online security - the...
PUBLISHED Aug 23, 2017 05:50 AM

Lenovo seen falling another 27% after posting surprise Q1 loss

LENOVO Group, which breathed new life into IBM's personal-computer (PC) business,...
PUBLISHED Aug 23, 2017 05:50 AM

Google names latest Android operating system Oreo

AT the height of the solar eclipse in New York, Google finally revealed the name of its...
PUBLISHED Aug 23, 2017 05:50 AM

Intel's new Core chip will have 40% jump

INTEL Corp, the biggest maker of semiconductors, said that its new processors are going...
PUBLISHED Aug 23, 2017 05:50 AM

Businesses wise up to importance of digitalisation, says study

BUSINESS leaders in Asia Pacific are showing an urgency in embracing the Fourth...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Digitally savvy leaders to lead future growth

THESE days, it is rare to end each week without at least one conversation with business...
PUBLISHED Aug 23, 2017 05:50 AM

CONSUMER

Johnson & Johnson ordered to pay US$417m in lawsuit tying its baby powder to cancer

IN what may be the largest award so far in a lawsuit tying ovarian cancer to talcum...
PUBLISHED Aug 23, 2017 05:50 AM

Philip Morris cheers FDA's lower-nicotine proposal

The chief executive of Philip Morris International (PMI) said he was "extremely...
PUBLISHED Aug 23, 2017 05:50 AM

McDonald's cuts ties with India franchisee after feud

MCDONALD'S Corp's battle with one of its two India franchisees escalated after...
PUBLISHED Aug 23, 2017 05:50 AM

Swiss meat: expensive in dollars, cheap in minutes

SWISS meat prices are pretty hard to stomach at first glance.
PUBLISHED Aug 23, 2017 05:50 AM

TRANSPORT

STRAIT TALK

Sanctions provide new avenues for growth

MANY years ago, during my first few trips to sea, we used to be stopped by Britain's...
PUBLISHED Aug 23, 2017 05:50 AM

Airbus spreads its wings - making same plane on 3 continents

WITH little fanfare, Airbus SE is about to mark an unusual milestone in aviation:...
PUBLISHED Aug 23, 2017 05:50 AM

American, Delta get pinched by the rise of cheap airfares to Europe

ALREADY under pressure from discounters at home, major US airlines are facing a tighter...
PUBLISHED Aug 23, 2017 05:50 AM

Jeju Air flies high on home support despite curbs in China

JEJU Air Co Ltd expects record quarterly profit in July-September, as changing lifestyles...
PUBLISHED Aug 23, 2017 05:50 AM

GOVERNMENT & ECONOMY

Little confidence in Trump's new approach to Afghanistan

FACED with a resurgent Taleban and the growing threat from Islamic State, Afghan watchers...
PUBLISHED Aug 23, 2017 05:50 AM

India races to regulate cryptocurrencies as cyberattacks soar

A GIANT cyberattack that crippled India's largest container port in June provided a...
PUBLISHED Aug 23, 2017 05:50 AM

US destroyer collision: Remains found amid search for 10 missing sailors

THE bodies of some of the 10 missing sailors on board guided-missile destroyer USS John S...
PUBLISHED Aug 23, 2017 05:50 AM

Talk of plan for outbound China investors revived

IN the latest sign that China is regaining control of capital outflows and market...
PUBLISHED Aug 23, 2017 05:50 AM

UK outlines approach to cross-border legal disputes post-Brexit

BRITAIN on Tuesday will outline ways to resolve cross-border civil disputes with the...
PUBLISHED Aug 23, 2017 05:50 AM

China has more room to tackle debt - if it wants to

RISING corporate profits are providing Chinese policymakers with room to do more to...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Banking on a new way forward for East Asia

EAST Asia is sorely in need of good news as it tries to pull back from the brink of...
PUBLISHED Aug 23, 2017 05:50 AM

LIFE & CULTURE

Rare total solar eclipse leaves millions in the US awed

MILLIONS of Americans looked skyward in awe through protective glasses, telescopes and...
PUBLISHED Aug 23, 2017 05:50 AM

Princess Diana beguiles the world 20 years after death

FROM TV documentaries and the private memories of her sons to a slew of new "...
PUBLISHED Aug 23, 2017 05:50 AM

A 90s superhero returns to Marvel Comics

DARKHAWK, the cult-favorite superhero of the 1990s, is returning to his own Marvel Comics...
PUBLISHED Aug 23, 2017 05:50 AM

Sichuan's isolated Zhaba move with the times

NIMBLE after years of practice, Trinley Norbu is used to hoisting himself three storeys...
PUBLISHED Aug 23, 2017 05:50 AM

EXECUTIVE MONEY

This stock market magic can't last

SOME things just can't last. The nearly magical stock market that has persisted so...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Four types of asset managers that will survive the upheavals

IT has been two years since I left the asset management industry, but I could not help...
PUBLISHED Aug 23, 2017 05:50 AM

OPINION

COMMENTARY

Singapore property's next 'Sail' moment not on the horizon

ALMOST exactly 13 years ago, Kwek Leng Beng, the billionaire chairman of City...
PUBLISHED Aug 23, 2017 05:50 AM
HOCK LOCK SIEW

Is regulatory framework for valuation industry adequate?

THE review of valuation and reporting practices that real estate valuers adopt in their...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Pros and cons of Cosco's proposed asset sale

THE shipping, offshore maritime, oil and gas sectors have been suffering the effects of a...
PUBLISHED Aug 23, 2017 05:50 AM
STRAIT TALK

Sanctions provide new avenues for growth

MANY years ago, during my first few trips to sea, we used to be stopped by Britain's...
PUBLISHED Aug 23, 2017 05:50 AM

Cut the debt burden? Politics gets in the way

AS leaders of the Chinese Communist Party assembled at their secretive annual conclave at...
PUBLISHED Aug 23, 2017 05:50 AM
EDITORIAL

Declaration of war on diabetes timely, key battle will be fighting obesity

HEARING the Prime Minister dispense advice on exercising and eating right at the National...
PUBLISHED Aug 23, 2017 05:50 AM
THE BOTTOM LINE

China loses arbitration but wins control of S China Sea

A YEAR after China lost an arbitration case brought against it by the Philippines under...
PUBLISHED Aug 23, 2017 05:50 AM

Asia could benefit from some Trump policies

IF US President Donald Trump continues to pursue the policies he adopted in the first...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Rise in financial crimes bodes well for regulatory tech

THE 21st century, a digital and truly converged era where disruption is increasingly...
PUBLISHED Aug 23, 2017 05:50 AM
COMMENTARY

Banking on a new way forward for East Asia

EAST Asia is sorely in need of good news as it tries to pull back from the brink of...
PUBLISHED Aug 23, 2017 05:50 AM

EDITOR'S CHOICE

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