Thursday, Sep 21, 2017

TOP STORIES

Two-pronged battle plan to keep electronics sector fighting fit

INDUSTRY Minister S Iswaran has called on Singapore firms to stand shoulder to shoulder...
PUBLISHED Sep 21, 2017 05:50 AM

Assets in Singapore family offices close to global average

SINGAPORE'S ultra-rich families today manage their wealth with a decidedly...
PUBLISHED Sep 21, 2017 05:50 AM

President Xi, PM Lee hail 'new historical chapter' in bilateral ties

CHINESE President Xi Jinping and Singapore's Prime Minister Lee Hsien Loong on...
PUBLISHED Sep 21, 2017 05:50 AM

Jurong Port, Oiltanking launch venture for new petrochemical terminal

JURONG Port and Oiltanking commemorated the official launch of their joint venture,...
PUBLISHED Sep 21, 2017 05:50 AM

Pent-up demand greets new Rolls-Royce Phantom

A DOZEN deposits have been placed here for the new Rolls-Royce Phantom ultra-luxury...
PUBLISHED Sep 21, 2017 05:50 AM

Used-car dealer taps fintech for one-stop ease

A USED-CAR dealership has tapped fintech to offer a paperless and hassle-free one-stop...
PUBLISHED Sep 21, 2017 05:50 AM

Small car COE rebounds on strong demand

THE small car certificate of entitlement (COE) premium bounced back up after most...
PUBLISHED Sep 21, 2017 05:50 AM

Singapore Grand Prix extension sparks positive buzz online: report

LEWIS Hamilton might have won the Singapore Grand Prix this year but the four-year...
PUBLISHED Sep 21, 2017 05:50 AM

Pavilion Energy, Uniper of Germany to share LNG storage capacity

TEMASEK Holdings-owned Pavilion Energy and German utility Uniper have signed an agreement...
PUBLISHED Sep 21, 2017 05:50 AM

Uber reviews Asia dealings amid US criminal probe

UBER Technologies Inc, facing a federal probe into whether it broke laws against overseas...
PUBLISHED Sep 21, 2017 05:50 AM

STOCKS

HOT STOCK

Asti hotly traded on news of unit disposal talks

SHARES of mainboard-listed Asti Holdings were hotly traded on Wednesday with 125.17...
PUBLISHED Sep 21, 2017 05:50 AM
STOCKS

Cautious session ahead of FOMC meeting

TRADING on Wednesday crawled to a virtual standstill as players waited for the outcome of...
PUBLISHED Sep 21, 2017 05:50 AM

Brokers' take

Great Eastern Holdings (GEH) is exploring to "sell" its Malaysian operations,...
PUBLISHED Sep 21, 2017 05:50 AM
CURRENCIES

US dollar heads towards 2½-year lows

THE dollar edged towards 2½-year lows hit earlier this month on Wednesday, as investors...
PUBLISHED Sep 21, 2017 05:50 AM

COMPANIES & MARKETS

GE shares fall on possible sale of Malaysian stake

SHARES of local lender OCBC edged up while that of its insurance arm Great Eastern...
PUBLISHED Sep 21, 2017 05:50 AM
HOCK LOCK SIEW

CPF - there's a silver lining in the silver tsunami

THE Central Provident Fund 2016 annual report can make for frightening reading in...
PUBLISHED Sep 21, 2017 05:50 AM

Poh Tiong Choon CEO launches S$1.30-a-share offer for firm

ABOUT S$280 million will be shaved off the market capitalisation of the Singapore bourse...
PUBLISHED Sep 21, 2017 05:50 AM
HOT STOCK

Asti hotly traded on news of unit disposal talks

SHARES of mainboard-listed Asti Holdings were hotly traded on Wednesday with 125.17...
PUBLISHED Sep 21, 2017 05:50 AM
EMERGING ENTERPRISE 2017

The Duck that lays the Golden egg

SALTED egg, a craze that has survived decades - from salted egg seafood dishes to salted...
PUBLISHED Sep 21, 2017 05:50 AM

Oxley rules out bidding for UEL despite owning 14% stake

OXLEY Holdings has reiterated that it has no plans to make a bid for United Engineers (...
PUBLISHED Sep 21, 2017 05:50 AM

Swissco lands US$28.5m offer for offshore support vessel business

THE court-appointed judicial managers (JMs) of Swissco Holdings have secured an offer...
PUBLISHED Sep 21, 2017 05:50 AM

Great Eastern's 3-year 2.05% endowment plan selling well

GREAT Eastern's three-year single premium endowment plan offering a guaranteed...
PUBLISHED Sep 21, 2017 05:50 AM

Temasek invests in electric scooter maker Gogoro

GOGORO Inc, a maker of electric scooters backed by Panasonic Corp, has raised US$300...
PUBLISHED Sep 21, 2017 05:50 AM

Corporate digest

CAPITALAND Limited announced on Wednesday that its wholly owned subsidiaries, C31...
PUBLISHED Sep 21, 2017 05:50 AM
STOCKS

Cautious session ahead of FOMC meeting

TRADING on Wednesday crawled to a virtual standstill as players waited for the outcome of...
PUBLISHED Sep 21, 2017 05:50 AM

Brokers' take

Great Eastern Holdings (GEH) is exploring to "sell" its Malaysian operations,...
PUBLISHED Sep 21, 2017 05:50 AM
CURRENCIES

US dollar heads towards 2½-year lows

THE dollar edged towards 2½-year lows hit earlier this month on Wednesday, as investors...
PUBLISHED Sep 21, 2017 05:50 AM

REAL ESTATE

Oxley rules out bidding for UEL despite owning 14% stake

OXLEY Holdings has reiterated that it has no plans to make a bid for United Engineers (...
PUBLISHED Sep 21, 2017 05:50 AM

Two property listings portals battle over alleged copyright infringement

THE biggest property listings portal here has sued its rival over alleged copyright...
PUBLISHED Sep 21, 2017 05:50 AM

Latest Moxy hotel is a throwback to the past

WHEN US banker and philanthropist Darius Ogden Mills opened the New Mills Hotel in...
PUBLISHED Sep 21, 2017 05:50 AM

A decaying Washington waterfront returns to life

A STRUGGLING waterfront along the Potomac River will morph into a long-awaited commercial...
PUBLISHED Sep 21, 2017 05:50 AM

Eu Realty puts up 2 South Bridge Rd shophouses for sale

EU Realty (Singapore), a fully-owned subsidiary of Eu Yan Sang International, has put up...
PUBLISHED Sep 21, 2017 05:50 AM

BANKING & FINANCE

GE shares fall on possible sale of Malaysian stake

SHARES of local lender OCBC edged up while that of its insurance arm Great Eastern...
PUBLISHED Sep 21, 2017 05:50 AM

China's short-term bonds could be next risk target

CHINA'S riskiest borrowers are ramping up sales of short-term dollar debt again,...
PUBLISHED Sep 21, 2017 05:50 AM

Bitcoin chief Roger Ver sees the digital currency splitting again

BITCOIN will probably see another splintering off in November as miners and developers...
PUBLISHED Sep 21, 2017 05:50 AM

BOE's Carney has 200b reasons to fret about consumer debt

BANK of England (BOE) governor Mark Carney has 200 billion reasons to keep an eye on...
PUBLISHED Sep 21, 2017 05:50 AM

US Carlyle Group exits Australian mining services play Coates Hire

US private equity firm Carlyle Group is quitting its decade-long mining services play in...
PUBLISHED Sep 21, 2017 05:50 AM

ENERGY & COMMODITIES

Thyssenkrupp, Tata Steel merge Europe operations

GERMANY'S Thyssenkrupp and India's Tata Steel agreed on Wednesday to merge...
PUBLISHED Sep 21, 2017 05:50 AM

Harder to get into the hottest oil trader parties in S'pore

LIVERIED Sikh doormen have welcomed royalty, literary giants and the deep of pocket to...
PUBLISHED Sep 21, 2017 05:50 AM

Russia's nuclear giant joins race to supply lithium for electric cars

RUSSIA'S state-owned nuclear corporation is joining the lithium rush. After a...
PUBLISHED Sep 21, 2017 05:50 AM

TECHNOLOGY

Bain consortium bags Toshiba chip business in hard-fought win

JAPAN'S embattled Toshiba Corp has selected a group led by US private equity firm...
PUBLISHED Sep 21, 2017 05:50 AM

Sprint, T-Mobile said to be discussing terms to bring merger closer

SPRINT Corp and T-Mobile US Inc, in preliminary deal talks since at least August, agreed...
PUBLISHED Sep 21, 2017 05:50 AM

Facebook to be called to testify before Senate panel on Russian meddling

THE Senate Intelligence Committee expects representatives of Facebook Inc to testify at a...
PUBLISHED Sep 21, 2017 05:50 AM

UK, France, Italy leaders in push for faster removal of extremist content

THE leaders of Britain, France and Italy will push social media companies on Wednesday to...
PUBLISHED Sep 21, 2017 05:50 AM

CONSUMER

Global dairy prices rise at second auction in a row

GLOBAL dairy prices rose for the second time in a row at an auction held early on...
PUBLISHED Sep 21, 2017 05:50 AM

Zara-owner Inditex's H1 gross margin eroded by strong euro

INDITEX, the world's biggest clothing retailer and owner of the Zara brand, posted a...
PUBLISHED Sep 21, 2017 05:50 AM

Why Australia may be 'woefully unprepared' for flu season

AUSTRALIA'S carefree attitude toward preventive medicine may have met its match: the...
PUBLISHED Sep 21, 2017 05:50 AM

Drug-resistant infections a global health emergency, says WHO

RESISTANCE to antibiotic drugs is a "global health emergency" that threatens...
PUBLISHED Sep 21, 2017 05:50 AM

TRANSPORT

Swissco lands US$28.5m offer for offshore support vessel business

THE court-appointed judicial managers (JMs) of Swissco Holdings have secured an offer...
PUBLISHED Sep 21, 2017 05:50 AM
FRANKFURT MOTOR SHOW

China car brands pull up at Frankfurt fair

TRADITIONAL heavyweights Fiat, Peugeot and Volvo may have shunned this year's...
PUBLISHED Sep 21, 2017 05:50 AM

China may relax rules for foreign EV makers, say officials

CHINA is discussing a plan to allow foreign carmakers to set up wholly owned electric...
PUBLISHED Sep 21, 2017 05:50 AM

Airbus woos China with first wide-body jet facility outside Europe - in Tianjin

AIRBUS SE is courting China with its first wide-body jet facility outside Europe,...
PUBLISHED Sep 21, 2017 05:50 AM

Cubans get back on their bikes

THE humble bicycle is gradually shedding its grim association with Cuba's economic...
PUBLISHED Sep 21, 2017 05:50 AM

GOVERNMENT & ECONOMY

Facebook to be called to testify before Senate panel on Russian meddling

THE Senate Intelligence Committee expects representatives of Facebook Inc to testify at a...
PUBLISHED Sep 21, 2017 05:50 AM

Is China's debt driving it to a financial crisis?

CHINA'S debt pile has long been on economists' radar with risks ranging from a...
PUBLISHED Sep 21, 2017 05:50 AM

Spain's central government takes control of Catalonia's finances to block referendum

SPAIN has taken control of Catalonia's finances to prevent funds being used for an...
PUBLISHED Sep 21, 2017 05:50 AM

Trump to pay his legal bills with campaign funds

PRESIDENT Donald Trump will use money donated to his campaign and the Republican National...
PUBLISHED Sep 21, 2017 05:50 AM

RBA sees slack in job market, at ease with inflation outlook

AUSTRALIA'S labour market still has plenty of spare capacity, which is likely to cap...
PUBLISHED Sep 21, 2017 05:50 AM

Modi faces sluggish job creation; opposition's criticism increases

INDIAN Prime Minister Narendra Modi has a jobs problem. He swept to power three years ago...
PUBLISHED Sep 21, 2017 05:50 AM

LIFE & CULTURE

Football legends to duke it out on Nov 11

THE upcoming Battle of the Masters football event in Singapore has a new presenting...
PUBLISHED Sep 21, 2017 05:50 AM
BT CORPORATE GOLF LEAGUE 2017

Last chance to win a car

WHEN golfers arrive for The Business Times Corporate Golf League, many of them will have...
PUBLISHED Sep 21, 2017 05:50 AM
MILAN FASHION WEEK

Edgy talent razes the runways in a rebounding market

FASHION week roared into Milan on Wednesday with hotly anticipated shows from fresh...
PUBLISHED Sep 21, 2017 05:50 AM

Cubans get back on their bikes

THE humble bicycle is gradually shedding its grim association with Cuba's economic...
PUBLISHED Sep 21, 2017 05:50 AM

OPINION

GE shares fall on possible sale of Malaysian stake

SHARES of local lender OCBC edged up while that of its insurance arm Great Eastern...
PUBLISHED Sep 21, 2017 05:50 AM
HOCK LOCK SIEW

CPF - there's a silver lining in the silver tsunami

THE Central Provident Fund 2016 annual report can make for frightening reading in...
PUBLISHED Sep 21, 2017 05:50 AM

US 'muddling through' in search of a doctrine

IT always seems to happen a few months after a new American president takes office and as...
PUBLISHED Sep 21, 2017 05:50 AM
EDITORIAL

Carrots and variety a good way to improve market regulations

THE Singapore Exchange's (SGX) recent suggestion to fast-track well-behaved...
PUBLISHED Sep 21, 2017 05:50 AM
THE BOTTOM LINE

The next UK-German monetary struggle is brewing

THE next big European struggle between Germany and Britain hinges on money. This is the...
PUBLISHED Sep 21, 2017 05:50 AM

'Uber of banking' sparks radical changes across industries

FINANCIAL technology, or fintech, is forcing a change in many of Singapore's...
PUBLISHED Sep 21, 2017 05:50 AM

Abe's snap election bid could either bruise or bolster

JAPAN'S Prime Minister Shinzo Abe is poised to "do a Mrs May" by calling a...
PUBLISHED Sep 21, 2017 05:50 AM

More misses than hits in the latest volume of Clinton's memoirs

HILLARY Rodham Clinton has put forward a further volume of her memoirs, titled What...
PUBLISHED Sep 21, 2017 05:50 AM
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