Tuesday, Sep 26, 2017

TOP STORIES

Geopolitics and uncertainties keep gold burnished

THE price of gold, which has risen 12 per cent so far this year, has dropped from a 13-...
PUBLISHED Sep 26, 2017 05:50 AM
GERMAN POLLS

Asian markets mixed on news of Merkel's weakened victory margin

ASIAN markets took Angela Merkel's bitter-sweet victory for a fourth term as...
PUBLISHED Sep 26, 2017 05:50 AM

Asia driving force of oil demand growth

OIL majors and global oil traders struck a bullish tone on Monday amid a rangebound oil...
PUBLISHED Sep 26, 2017 05:50 AM
GERMAN POLLS

Weakened Merkel stokes business uncertainty, though markets stay calm

THE euro and European stock markets hardly reacted to the weaker position of German...
PUBLISHED Sep 26, 2017 05:50 AM

ICB Shopping Centre headed for en bloc launch at S$65-70m

THE owners of ICB Shopping Centre, a mixed-use development in Yio Chu Kang Road, last...
PUBLISHED Sep 26, 2017 05:50 AM

Abe calls snap polls, unveils 2t yen economic package

JAPAN'S Prime Minister Shinzo Abe said he'll dissolve the lower house of...
PUBLISHED Sep 26, 2017 05:50 AM

Sea looks to turn the tide with NYSE float

SEA - the Singapore-based Internet company formerly known as Garena - is joining the big...
PUBLISHED Sep 26, 2017 05:50 AM
COMMENTARY

Life could get choppy for S-E Asian startup after IPO

LISTED life can be rough. Sea, a South-east Asian startup formerly known as Garena, has...
PUBLISHED Sep 26, 2017 05:50 AM

Singapore inflation eases in Aug

A FALL in private road transport inflation and softer food and retail prices led to lower...
PUBLISHED Sep 26, 2017 05:50 AM

STOCKS

STOCKS

Week's trading kicks off on a poor note

THE local bourse snapped two straight days of gains to start the trading week on a weak...
PUBLISHED Sep 26, 2017 05:50 AM
CURRENCIES

Euro eases as far-right erodes Merkel support

THE euro snapped a two-day rising streak on Monday after a surge in support for the far-...
PUBLISHED Sep 26, 2017 05:50 AM

Seasonal awakening for SGX cyclical stocks

WITH the rotation into cyclical plays, Singapore's six cyclical sectors have...
PUBLISHED Sep 26, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Make 9-yr rule mandatory to raise gender diversity

WHEN it comes to addressing the gender imbalance on company boards, there are no easy...
PUBLISHED Sep 26, 2017 05:50 AM

Ezion dismisses basis of noteholder's request for early redemption

SINGAPORE's largest liftboat owner-operator Ezion Holdings, in an after-market...
PUBLISHED Sep 26, 2017 05:50 AM

Koh Brothers Eco unit wins S$225m Circle Line 6 contract

KOH Brothers Eco Engineering, through a subsidiary, has won a S$225.4 million contract...
PUBLISHED Sep 26, 2017 05:50 AM

HP Enterprise Singapore to vacate space at Alexandra Technopark

HEWLETT-PACKARD Enterprise Singapore (HPE) will vacate most of its occupied space at...
PUBLISHED Sep 26, 2017 05:50 AM

Mermaid secures contract extension for Middle East subsea services

MERMAID Maritime Public Company Limited, through its joint venture company formed with a...
PUBLISHED Sep 26, 2017 05:50 AM

F&N gets conditional nod to buy Penguin units after no-discrimination pledge

FRASER and Neave's (F&N) Times Publishing has been granted conditional approval...
PUBLISHED Sep 26, 2017 05:50 AM

Starland moves to recover expenses from failed RTO

STARLAND Holdings is in negotiations with its failed backdoor-listing target over some S$...
PUBLISHED Sep 26, 2017 05:50 AM

Corporate digest

TTJ Holdings' net profit for its full financial year fell 57.5 per cent to S$10.9...
PUBLISHED Sep 26, 2017 05:50 AM
STOCKS

Week's trading kicks off on a poor note

THE local bourse snapped two straight days of gains to start the trading week on a weak...
PUBLISHED Sep 26, 2017 05:50 AM

Brokers' take

WE remain positive on SATS and maintain our "buy" recommendation with a higher...
PUBLISHED Sep 26, 2017 05:50 AM
CURRENCIES

Euro eases as far-right erodes Merkel support

THE euro snapped a two-day rising streak on Monday after a surge in support for the far-...
PUBLISHED Sep 26, 2017 05:50 AM

Seasonal awakening for SGX cyclical stocks

WITH the rotation into cyclical plays, Singapore's six cyclical sectors have...
PUBLISHED Sep 26, 2017 05:50 AM

Ascendas Reit completes A$83.8m acquisition

ASCENDAS Reit has completed the A$83.8 million (S$90.3 million) acquisition of a CBD...
PUBLISHED Sep 26, 2017 05:50 AM

M1 launches new malware detection service

M1 Limited (M1) has launched a network-based mobile malware detection solution, M1 Mobile...
PUBLISHED Sep 26, 2017 05:50 AM

REAL ESTATE

HP Enterprise Singapore to vacate space at Alexandra Technopark

HEWLETT-PACKARD Enterprise Singapore (HPE) will vacate most of its occupied space at...
PUBLISHED Sep 26, 2017 05:50 AM

Ascendas Reit completes A$83.8m acquisition

ASCENDAS Reit has completed the A$83.8 million (S$90.3 million) acquisition of a CBD...
PUBLISHED Sep 26, 2017 05:50 AM

China property stocks dive as housing curbs kick in

CHINESE property stocks plunged in Hong Kong after cities added housing curbs, dashing...
PUBLISHED Sep 26, 2017 05:50 AM

Country Garden slows down expansion plans amid govt scrutiny

COUNTRY GARDEN Holdings Co says it's hitting the pause button on an international...
PUBLISHED Sep 26, 2017 05:50 AM

Chinese consumers taking on more debt

OVER the past eight years, to the world's growing alarm, China's big state-...
PUBLISHED Sep 26, 2017 05:50 AM

BANKING & FINANCE

Crypto-mania grips Hong Kong in search of life beyond banks

IN the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he...
PUBLISHED Sep 26, 2017 05:50 AM

EU's new rules on securities research run up against moves in US: Fidelity

FIDELITY International Ltd's decision on how to handle its research costs to meet...
PUBLISHED Sep 26, 2017 05:50 AM

Sugar and spice in A$682m bid for Pepper Group

KKR & Co LP has added a small sweetener to its bid for Australia's Pepper Group...
PUBLISHED Sep 26, 2017 05:50 AM

ENERGY & COMMODITIES

Extra-hot weather fires up US harvest

UNSEASONABLY hot US weather is accelerating corn and soya crop maturity after months of...
PUBLISHED Sep 26, 2017 05:50 AM

Australia warns of gas export curbs as east coast shortage grows

ROYAL Dutch Shell, ConocoPhillips and Santos face curbs on exporting gas from Australia...
PUBLISHED Sep 26, 2017 05:50 AM

China's gold miners take a shine to Belt and Road Initiative

AS far as China's miners are concerned, the modern-day Silk Road is paved with gold...
PUBLISHED Sep 26, 2017 05:50 AM

TECHNOLOGY

M1 launches new malware detection service

M1 Limited (M1) has launched a network-based mobile malware detection solution, M1 Mobile...
PUBLISHED Sep 26, 2017 05:50 AM

Lacklustre iPhone 8 sales pummel suppliers

APPLE Inc's latest products are getting a thumbs down, at least by investors in the...
PUBLISHED Sep 26, 2017 05:50 AM

Facebook case deals blow to 'founder power'

SILICON Valley spent more than a decade finding ways to give company founders more...
PUBLISHED Sep 26, 2017 05:50 AM

Australia commits to create national space agency

AUSTRALIA on Monday committed to creating a national space agency as it looks to cash in...
PUBLISHED Sep 26, 2017 05:50 AM

SAP to buy customer identity software firm Gigya

SAP, Europe's biggest technology company, has agreed to buy US-Israeli customer...
PUBLISHED Sep 26, 2017 05:50 AM
COMMENTARY

China-backed fund plays it safe with US$743m chip deal

CANYON Bridge is playing it safe with its latest chip deal. The China-backed fund says it...
PUBLISHED Sep 26, 2017 05:50 AM

CONSUMER

F&N gets conditional nod to buy Penguin units after no-discrimination pledge

FRASER and Neave's (F&N) Times Publishing has been granted conditional approval...
PUBLISHED Sep 26, 2017 05:50 AM

Unilever in 2.27b euro deal for Korean cosmetics maker

UNILEVER agreed to buy a South Korean cosmetics maker for 2.27 billion euros (S$3.6...
PUBLISHED Sep 26, 2017 05:50 AM

Argon Medical Devices is latest US health firm to get dose of Chinese funds

SHANDONG Weigao Group Medical Polymer Co agreed to buy closely held Argon Medical Devices...
PUBLISHED Sep 26, 2017 05:50 AM

Lazada expands Taobao tie-up in S-E Asia

ONLINE retailer Lazada Group said it will sell select items from Alibaba Group Holding...
PUBLISHED Sep 26, 2017 05:50 AM

Fonterra's milk money dips 11%

NEW ZEALAND dairy group Fonterra reported an 11 per cent fall in full-year profit on...
PUBLISHED Sep 26, 2017 05:50 AM

TRANSPORT

Ezion dismisses basis of noteholder's request for early redemption

SINGAPORE's largest liftboat owner-operator Ezion Holdings, in an after-market...
PUBLISHED Sep 26, 2017 05:50 AM

Trump adds North Korea, Venezuela to travel ban

US President Donald Trump restricted or suspended travel to the US from eight countries,...
PUBLISHED Sep 26, 2017 05:50 AM

SMRT signs MOU for JB-S'pore Rapid Transit System Link

SMRT Corp has signed a Memorandum of Understanding (MOU) with Prasarana Malaysia Bhd to...
PUBLISHED Sep 26, 2017 05:50 AM

Air Berlin says on way to securing jobs with Lufthansa, easyJet bids

INSOLVENT German airline Air Berlin said there were good prospects of repaying a...
PUBLISHED Sep 26, 2017 05:50 AM

Berlin votes to keep Cold War airport amid fallout over delays

BERLIN residents voted to keep open the city's Tegel airport in a backlash over the...
PUBLISHED Sep 26, 2017 05:50 AM

Tata Motors boosting cash hoard for expansion and acquisitions

TATA Motors Ltd, the owner of luxury car brands Jaguar Land Rover, is building a war...
PUBLISHED Sep 26, 2017 05:50 AM

GOVERNMENT & ECONOMY

Crypto-mania grips Hong Kong in search of life beyond banks

IN the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he...
PUBLISHED Sep 26, 2017 05:50 AM

EU's new rules on securities research run up against moves in US: Fidelity

FIDELITY International Ltd's decision on how to handle its research costs to meet...
PUBLISHED Sep 26, 2017 05:50 AM

US hopes for 'good deliverables' during Trump's visit to China

THE United States hopes there will be some "very good deliverables" when...
PUBLISHED Sep 26, 2017 05:50 AM

UK's Labour shifts on Brexit, proposes staying in customs union

BRITAIN could stay in a customs union with the European Union (EU) after leaving the bloc...
PUBLISHED Sep 26, 2017 05:50 AM

NZ PM presses claim to form government as rival refuses to concede defeat

NEW Zealand Prime Minister Bill English has claimed a mandate to form the next government...
PUBLISHED Sep 26, 2017 05:50 AM

China said to plan closer oversight of state company funds

CHINA will create a centralised financing company to oversee some US$304 billion of funds...
PUBLISHED Sep 26, 2017 05:50 AM

LIFE & CULTURE

COMPANY OF GOOD

Playing a part in making legal aid accessible to all

LEGAL representation is often costly and out of reach for the underprivileged. However, a...
PUBLISHED Sep 26, 2017 05:50 AM

Season in Milan largely out of focus

IT was 9.30 am on Saturday, the Bottega Veneta show was about to start, and Fran├žois-...
PUBLISHED Sep 26, 2017 05:50 AM

With style sensors, wear your heartbeat on your sleeve

DUTCH designer Anouk Wipprecht has a vision for a world in which people stop telling...
PUBLISHED Sep 26, 2017 05:50 AM

SME

Flying high in a niche business

ON THE SURFACE, WingsOverAsia Pte Ltd looks like what its managing director Ng Yeow Meng...
PUBLISHED Sep 26, 2017 05:50 AM

Turning obstacles into opportunities

NOW in its 18th year of operations, Oilfield Services & Supplies Pte Ltd (OSS) is a...
PUBLISHED Sep 26, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Make 9-yr rule mandatory to raise gender diversity

WHEN it comes to addressing the gender imbalance on company boards, there are no easy...
PUBLISHED Sep 26, 2017 05:50 AM

Tech-savvy talent key to Smart Nation

SINGAPORE'S top priority for its Smart Nation initiative has always been around jobs...
PUBLISHED Sep 26, 2017 05:50 AM
THE BOTTOM LINE

China holds all the trumps in Korean crisis

HIGH drama was the order of the day at the United Nations General Assembly this past week...
PUBLISHED Sep 26, 2017 05:50 AM
EDITORIAL

A bittersweet victory for Angela Merkel after a bruising election

GERMAN Chancellor Angela Merkel secured a fourth consecutive term after Sunday's...
PUBLISHED Sep 26, 2017 05:50 AM

Rounds of 'cheap' money over, now worry about the huge debt

THE US Federal Reserve has finally "pressed the button" on ending its massive...
PUBLISHED Sep 26, 2017 05:50 AM

Shape of new German govt could mean smoother Brexit

ANGELA Merkel picked up her fourth straight general-election win on Sunday, in the face...
PUBLISHED Sep 26, 2017 05:50 AM

Achtung! Dreaded fourth term looms for new chancellor

FROM now on, for Angela Merkel - and for Europe - everything gets tougher. In an initial...
PUBLISHED Sep 26, 2017 05:50 AM
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