Tuesday, Sep 12, 2017

TOP STORIES

Singapore top Asian investor in US after Japan, with US$73.6b of FDI

SINGAPORE'S direct investments in the US has turned out to be a classic case of the...
PUBLISHED Sep 12, 2017 05:50 AM

Linked firms vying for same public contracts

BUSINESSES with directorship or ownership links to each other are submitting bids for the...
PUBLISHED Sep 12, 2017 05:50 AM
PRESIDENTIAL ELECTION 2017

Halimah only candidate to make the cut, on track for walkover victory

THERE will be no Polling Day for this month's reserved presidential election after...
PUBLISHED Sep 12, 2017 05:50 AM
PARLIAMENT

Trials for cashless commutes to widen

TWO in every three public-transport commuters in Singapore still use cash to reload their...
PUBLISHED Sep 12, 2017 05:50 AM

New Speaker pledges to be impartial and fair, but firm

GIVING his first speech shortly after his formal election as Singapore's new Speaker...
PUBLISHED Sep 12, 2017 05:50 AM

Smart Nation push is not about tech for tech's sake: Janil Puthucheary

SINGAPORE does not chase technology for technology's sake, but to improve the lives...
PUBLISHED Sep 12, 2017 05:50 AM

Q4 business sentiment dips but industry watchers remain upbeat

BUSINESS sentiment among local companies has eased for the fourth quarter of 2017, but...
PUBLISHED Sep 12, 2017 05:50 AM

Shares of Felda Global Ventures climb on appointment of new chairman

SHARES of Felda Global Ventures Holdings Bhd (FGV) rose 4.3 per cent to RM1.71 (S$0.55)...
PUBLISHED Sep 12, 2017 05:50 AM

Tungsten soars after China curbs supply; West steels itself

THE price of one of the most critical materials for the Western world's economy and...
PUBLISHED Sep 12, 2017 05:50 AM

Economic cost of Harvey and Irma could hit US$290b

THE combined economic cost of Hurricanes Harvey and Irma could reach US$290 billion,...
PUBLISHED Sep 12, 2017 05:50 AM

STOCKS

HOT STOCKS

Trek 2000 soars after shares emerge from trading suspension

SHARES of mainboard-listed Trek 2000 International were hotly traded on Monday after the...
PUBLISHED Sep 12, 2017 05:50 AM

BRC Asia shares up on general offer from Esteel

SHARES of mainboard-listed steel mesh maker BRC Asia closed five Singapore cents or 5.8...
PUBLISHED Sep 12, 2017 05:50 AM

COMPANIES & MARKETS

Frasers Centrepoint buys 4 business parks in UK

FRASERS Centrepoint Limited (FCL) has agreed to buy four business parks in the United...
PUBLISHED Sep 12, 2017 05:50 AM

Corporate digest

CITIC Envirotech Ltd has invested 365 million yuan (S$75 million) in two hazardous waste...
PUBLISHED Sep 12, 2017 05:50 AM
HOCK LOCK SIEW

A special kind of risk: financial records destroyed by fire

ALL right, folks, it has been a nice five-year stretch, but it's time to reset the...
PUBLISHED Sep 12, 2017 05:50 AM
HOT STOCKS

Trek 2000 soars after shares emerge from trading suspension

SHARES of mainboard-listed Trek 2000 International were hotly traded on Monday after the...
PUBLISHED Sep 12, 2017 05:50 AM

BRC Asia shares up on general offer from Esteel

SHARES of mainboard-listed steel mesh maker BRC Asia closed five Singapore cents or 5.8...
PUBLISHED Sep 12, 2017 05:50 AM

Stamford Tyres net profit rises 24% for Q1

STAMFORD Tyres Corporation on Monday announced a 24 per cent rise in its first quarter...
PUBLISHED Sep 12, 2017 05:50 AM

What's the big deal about sustainability?

DO boards need to care about sustainability? This is a question I often face in my...
PUBLISHED Sep 12, 2017 05:50 AM

Veterans complete board of SGX regulatory unit

THE Singapore Exchange (SGX) has assembled a slate of regulatory and banking veterans to...
PUBLISHED Sep 12, 2017 05:50 AM
EMERGING ENTERPRISE 2017

Detecting fetal problems with a blood test

ACCORDING to iGene Diagnostics Pte Ltd, amniocentesis, which is an invasive procedure...
PUBLISHED Sep 12, 2017 05:50 AM
STOCKS

STI drifts lower despite rallies elsewhere

A 120-point jump in the Dow futures, a strong session in Hong Kong and a firm opening for...
PUBLISHED Sep 12, 2017 05:50 AM

Brokers' take

Singapore's telecom sector reported lower earnings in Q2 CY17 due to weaker...
PUBLISHED Sep 12, 2017 05:50 AM
CURRENCIES

Dollar bounces as risk appetite returns

THE dollar edged higher on Monday, after posting its biggest weekly drop in two months,...
PUBLISHED Sep 12, 2017 05:50 AM

REAL ESTATE

Frasers Centrepoint buys 4 business parks in UK

FRASERS Centrepoint Limited (FCL) has agreed to buy four business parks in the United...
PUBLISHED Sep 12, 2017 05:50 AM

Land mafias and the battle for Karachi's booming real estate

PERWEEN Rahman was returning home one evening in March 2013 from her job as head of the...
PUBLISHED Sep 12, 2017 05:50 AM

Homebuyers thwart India's quick fix for bad debt

TWENTY-FOUR km east of India's capital lies Jaypee Wish Town, a sprawling 470-...
PUBLISHED Sep 12, 2017 05:50 AM

BANKING & FINANCE

China clamps down on lending by trust companies

AS a flood of unregulated cash swirls through the Chinese economy, Beijing has been...
PUBLISHED Sep 12, 2017 05:50 AM

Japan Post IPO turns to TV ads to draw retail investors

Japan Post Holdings Co's underwriters will seek to attract retail investors to its...
PUBLISHED Sep 12, 2017 05:50 AM

ENERGY & COMMODITIES

Will Aramco deliver world record profit for IPO in 2018?

WHEN oil giant Saudi Aramco discloses its financials for the first time next year, it...
PUBLISHED Sep 12, 2017 05:50 AM

China deepens oil ties with Russia with deal for share of Rosneft

A CLOSELY held Chinese oil company agreed to buy a minority stake in Rosneft PJSC for...
PUBLISHED Sep 12, 2017 05:50 AM

New British wind power deals cheaper than nuclear supplies

THE price Britain will pay for new offshore wind power has plunged below new nuclear...
PUBLISHED Sep 12, 2017 05:50 AM

TECHNOLOGY

Pricey tag dampens iPhone 8's appeal in China

APPLE Inc will launch an expected "iPhone 8" on Tuesday, hoping the number...
PUBLISHED Sep 12, 2017 05:50 AM

Amazon workers find new roles as robots take over the heavy lifting

NISSA Scott started working at the cavernous Amazon warehouse in southern New Jersey late...
PUBLISHED Sep 12, 2017 05:50 AM

Govt-style online surveillance opens up profitable new market for Babel Street

IN A small office in Ashburn, Virginia, ensconced among the government contractors that...
PUBLISHED Sep 12, 2017 05:50 AM

CONSUMER

Belt-tightening in Britain cinches sales for Primark

ASSOCIATED British Foods raised its forecast for full-year results on Monday following a...
PUBLISHED Sep 12, 2017 05:50 AM

Lotte might sell its supermarkets in China if tension continues

SOUTH Korea's Lotte Shopping is considering selling its supermarkets in China and...
PUBLISHED Sep 12, 2017 05:50 AM

Japan ups the steaks to pick 'Wagyu Olympics' winner

MORE than 500 cattle paraded through a ring in northern Japan in the "Wagyu Olympics...
PUBLISHED Sep 12, 2017 05:50 AM

Pittsburgh to host America's largest urban farm

THE US city of Pittsburgh, once a dynamo of heavy industry, will soon become home to the...
PUBLISHED Sep 12, 2017 05:50 AM

TRANSPORT

Car giants shifting electric projects to China despite risks

VOLKSWAGEN, the German car giant, is preparing for a swift expansion in its output of...
PUBLISHED Sep 12, 2017 05:50 AM

India's traffic is so bad it's changing the cars that people buy

INDIA'S snarling traffic jams can leave cars crawling at under five kilometres an...
PUBLISHED Sep 12, 2017 05:50 AM

Embraer mulling return to China with passenger jet plant

EMBRAER SA is likely to consider building a commercial aircraft factory in China in two...
PUBLISHED Sep 12, 2017 05:50 AM

GOVERNMENT & ECONOMY

Bid for global insurer standard faces hurdles

THE first global standard for investors to compare how much capital insurers from...
PUBLISHED Sep 12, 2017 05:50 AM

China's latest bond default raises red flags for investors

FOREIGNERS have been slow to warm to China's domestic bond market, the world's...
PUBLISHED Sep 12, 2017 05:50 AM

Minister warns of disorderly Brexit if withdrawal bill does not pass

BRITAIN faces a chaotic exit from the European Union if lawmakers vote against...
PUBLISHED Sep 12, 2017 05:50 AM

Europe sheds its Brexit baggage; aims for bold new relaunch

WHAT A difference a year makes for the European Union.
PUBLISHED Sep 12, 2017 05:50 AM

Mental revolution of Indonesia bureaucracy still a work-in-progress

WHEN Indonesia's president, Joko Widodo, inaugurated the country's first real...
PUBLISHED Sep 12, 2017 05:50 AM

Trump marks 9/11 with warning to America's 'enemies'

PRESIDENT Donald Trump on Monday paid tribute to the 2,977 people killed on September 11...
PUBLISHED Sep 12, 2017 05:50 AM

LIFE & CULTURE

Who're you calling 'fat'? The plus-sized embrace their curves

FOR years, images of impossibly slim, gorgeous, blemish-free women have filled fashion...
PUBLISHED Sep 12, 2017 05:50 AM

It hurts a lot, Hillary says of what happened

HILLARY Clinton says she is "done" being a political candidate, and that her...
PUBLISHED Sep 12, 2017 05:50 AM

Five dancers have got this cellist's Bach

CELLIST Jean-Guihen Queyras has collaborated with period instrument ensembles, made...
PUBLISHED Sep 12, 2017 05:50 AM

SME

Homebuyers thwart India's quick fix for bad debt

TWENTY-FOUR km east of India's capital lies Jaypee Wish Town, a sprawling 470-...
PUBLISHED Sep 12, 2017 05:50 AM

Delivering on what they believe in

HUB Distributors Services' tagline "We Believe in Service" may seem like...
PUBLISHED Sep 12, 2017 05:50 AM

Making a mark in the printing industry

IT IS hard to picture the humble origins of local printing giant Print Lab when it is now...
PUBLISHED Sep 12, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

A special kind of risk: financial records destroyed by fire

ALL right, folks, it has been a nice five-year stretch, but it's time to reset the...
PUBLISHED Sep 12, 2017 05:50 AM
EDITORIAL

Windfall gains from en-bloc fever are likely to be capped

RECENT evidence suggests that the en-bloc fever in Singapore's residential property...
PUBLISHED Sep 12, 2017 05:50 AM

Trump and the art of dealing with Democrats

WHEN Donald Trump was elected president, even his harshest critics didn't reject out...
PUBLISHED Sep 12, 2017 05:50 AM
THE BOTTOM LINE

Conspiracies, conservatives, climate and catastrophe

AFTER the devastation wreaked by Harvey on Houston - devastation that was right in line...
PUBLISHED Sep 12, 2017 05:50 AM

50 years on, Asean's potential still holds much to bank on

ASEAN celebrates its 50th birthday this year amid rising protectionist sentiments...
PUBLISHED Sep 12, 2017 05:50 AM
COMMENTARY

Brexit besieges May at home and away, raising odds of a hard exit

THE UK government begins in earnest this week the process of securing approval for its EU...
PUBLISHED Sep 12, 2017 05:50 AM
COMMENTARY

Ills of rising corporate debt will show when liquidity dries up

PLACES as far apart as Texas and Mumbai can only gasp with relief as devastating floods...
PUBLISHED Sep 12, 2017 05:50 AM
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