Thursday, Oct 05, 2017

TOP STORIES

Unsustainable to increasingly buy land at higher prices, warns Redas chief

THE head of the developer's body on Wednesday cautioned that the trend of land-...
PUBLISHED Oct 5, 2017 05:50 AM

CDL, Hong Leong unit bag Amber Park with 'aggressive' S$906m bid

AMBER PARK, a 200-unit development at Katong, has been sold via a collective sale to a...
PUBLISHED Oct 5, 2017 05:50 AM

Xi to consolidate power at Party Congress

CHINESE President Xi Jinping is expected to consolidate his power during the 19th Party...
PUBLISHED Oct 5, 2017 05:50 AM

Biopharma firm AbbVie opens S$400m biologics plant in Tuas

GLOBAL research and development-based bio-pharmaceutical company AbbVie has enlarged its...
PUBLISHED Oct 5, 2017 05:50 AM

EU orders Amazon to pay Luxembourg tax bill

THE EU turned the screw on US tech giants on Wednesday, ordering Amazon to repay...
PUBLISHED Oct 5, 2017 05:50 AM

Buyout firm to take Swissco OSV business private

SWISSCO HOLDINGS' offshore support vessel (OSV) business will continue to operate...
PUBLISHED Oct 5, 2017 05:50 AM

Goods vehicle COE price up as dealers fight to clear stocks

PASSENGER car certificate of entitlement (COE) premiums slipped even as the goods vehicle...
PUBLISHED Oct 5, 2017 05:50 AM
WORLD BANK REPORTS

Tensions over N Korea could take the wind out of Asia's sails

THE World Bank warned on Wednesday that surging tensions over North Korea's nuclear...
PUBLISHED Oct 5, 2017 05:50 AM

World Bank sees more currency risk in S-E Asia

MALAYSIA, and to a lesser degree Indonesia, Thailand and the Philippines, remain more...
PUBLISHED Oct 5, 2017 05:50 AM

Humility, hard work pay off for Keppel Singmarine MD

COMING from humble beginnings and starting work at the age of four, Abu Bakar Mohd Nor...
PUBLISHED Oct 5, 2017 05:50 AM

DBS, OCBC launch products to help busy executives

LOCAL banks DBS and OCBC have come up with yet more tools to help busy executives.
PUBLISHED Oct 5, 2017 05:50 AM

STOCKS

HOT STOCKS

SIAEC sinks to six-year low on talk of bulk sale

THE share price of SIA Engineering Company (SIAEC) plunged 9 per cent to more than a six-...
PUBLISHED Oct 5, 2017 05:50 AM
HOT STOCKS

Addvalue, Delong remain in play after unusually active sessions draw queries

SHARES of Addvalue Technologies and Delong Holdings remained active on Wednesday after...
PUBLISHED Oct 5, 2017 05:50 AM
STOCKS

Jardine group, banks drag STI lower

THE Straits Times Index (STI) on Wednesday fell 9.43 points to 3,236.65, dragged lower by...
PUBLISHED Oct 5, 2017 05:50 AM

Brokers' take

OUE Commercial Trust (OUE C-Reit) announced it will be carrying out a redemption of 75...
PUBLISHED Oct 5, 2017 05:50 AM
CURRENCIES

Dollar retreats on talk of less hawkish Fed chief

The greenback had reached its highest since mid-August against a basket of major...
PUBLISHED Oct 5, 2017 05:50 AM

COMPANIES & MARKETS

HOT STOCKS

SIAEC sinks to six-year low on talk of bulk sale

THE share price of SIA Engineering Company (SIAEC) plunged 9 per cent to more than a six-...
PUBLISHED Oct 5, 2017 05:50 AM
HOT STOCKS

Addvalue, Delong remain in play after unusually active sessions draw queries

SHARES of Addvalue Technologies and Delong Holdings remained active on Wednesday after...
PUBLISHED Oct 5, 2017 05:50 AM
HOCK LOCK SIEW

Corporate-startup programmes should focus on the startups, not the corporates

THIS week, ST Engineering launched Innosparks - an incubator for healthcare, workplace...
PUBLISHED Oct 5, 2017 05:50 AM

Sembmarine cancels US$600m jack-up deals with Oro Negro

SEMBCORP Marine's rig-building unit PPL Shipyard has called off contracts estimated...
PUBLISHED Oct 5, 2017 05:50 AM

External auditor expresses doubt about Perisai's viability

AN external auditor of listed oilfield services provider Perisai Petroleum Teknologi Bhd...
PUBLISHED Oct 5, 2017 05:50 AM

SilkAir takes delivery of its first B737 MAX 8, adds Japan to its network

SILKAIR, which has taken delivery of its first Boeing 737 MAX 8, will have three of them...
PUBLISHED Oct 5, 2017 05:50 AM

Corporate digest

THE electronics arm of Singapore Technologies (ST) Engineering has signed a memorandum of...
PUBLISHED Oct 5, 2017 05:50 AM

Airbus says it has capacity to raise A350 production

AIRBUS said on Wednesday that it had the capacity to push the production of its A350...
PUBLISHED Oct 5, 2017 05:50 AM

Statoil takes first step into solar sector with Brazilian JV

NORWAY'S Statoil is taking its first step into the solar sector on Wednesday,...
PUBLISHED Oct 5, 2017 05:50 AM
STOCKS

Jardine group, banks drag STI lower

THE Straits Times Index (STI) on Wednesday fell 9.43 points to 3,236.65, dragged lower by...
PUBLISHED Oct 5, 2017 05:50 AM

Brokers' take

OUE Commercial Trust (OUE C-Reit) announced it will be carrying out a redemption of 75...
PUBLISHED Oct 5, 2017 05:50 AM
CURRENCIES

Dollar retreats on talk of less hawkish Fed chief

The greenback had reached its highest since mid-August against a basket of major...
PUBLISHED Oct 5, 2017 05:50 AM

REAL ESTATE

Australia's long home-building boom has life in it yet

THE latest data on Australia's home building boom is showing something totally...
PUBLISHED Oct 5, 2017 05:50 AM

India homebuyers petition top court over bankruptcy law

HUNDREDS of homebuyers in India have petitioned the country's top court to challenge...
PUBLISHED Oct 5, 2017 05:50 AM

Singapore real-estate investors shining on global stage

SINGAPOREAN investors now collectively own the largest pool of foreign real estate assets...
PUBLISHED Oct 5, 2017 05:50 AM

BANKING & FINANCE

Fed's next bank overseer seen ending Basel III standoff

BANK regulators, worn down after a year of butting heads over new global capital rules,...
PUBLISHED Oct 5, 2017 05:50 AM

Siberian subprime exposes Putin's divided Russia as credit booms

A REMOTE enclave in southern Siberia with Russia's second-highest unemployment seems...
PUBLISHED Oct 5, 2017 05:50 AM

ENERGY & COMMODITIES

Statoil takes first step into solar sector with Brazilian JV

NORWAY'S Statoil is taking its first step into the solar sector on Wednesday,...
PUBLISHED Oct 5, 2017 05:50 AM

Head of new China M&A firm riffs on history and oil's future

WHILE there's a risk of crude sliding below US$30 as demand is displaced by...
PUBLISHED Oct 5, 2017 05:50 AM

Storms spur US$22.3b investment in battery-backed grids

GROWING demand for more resilient power supplies will spur US$22.3 billion of global...
PUBLISHED Oct 5, 2017 05:50 AM

TECHNOLOGY

HOCK LOCK SIEW

Corporate-startup programmes should focus on the startups, not the corporates

THIS week, ST Engineering launched Innosparks - an incubator for healthcare, workplace...
PUBLISHED Oct 5, 2017 05:50 AM

Uber board declares truce; Softbank to join

UBER Technologies Inc's fractured board declared peace on Tuesday, attempting to put...
PUBLISHED Oct 5, 2017 05:50 AM

Yahoo says all 3 billion accounts hacked in 2013 data theft

YAHOO on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft...
PUBLISHED Oct 5, 2017 05:50 AM

CONSUMER

The era of holiday deals is dead; so is Black Friday

IT TURNS out we're killing Black Friday. Fewer Americans plan to shop on Black...
PUBLISHED Oct 5, 2017 05:50 AM

BAT's Lankan unit set to lose dominant position amid levies

BRITISH American Tobacco plc's unit in Sri Lanka says it's poised to lose its...
PUBLISHED Oct 5, 2017 05:50 AM

TRANSPORT

Sembmarine cancels US$600m jack-up deals with Oro Negro

SEMBCORP Marine's rig-building unit PPL Shipyard has called off contracts estimated...
PUBLISHED Oct 5, 2017 05:50 AM

SilkAir takes delivery of its first B737 MAX 8, adds Japan to its network

SILKAIR, which has taken delivery of its first Boeing 737 MAX 8, will have three of them...
PUBLISHED Oct 5, 2017 05:50 AM

Airbus says it has capacity to raise A350 production

AIRBUS said on Wednesday that it had the capacity to push the production of its A350...
PUBLISHED Oct 5, 2017 05:50 AM

Ford to slash US$14b in costs, drop some car models

FORD Motor Co will cut US$14 billion in costs and drop some car models from its lineup...
PUBLISHED Oct 5, 2017 05:50 AM

Japan's transport ministry inspects 2 more Nissan plants

JAPAN'S transport ministry said on Wednesday it had carried out spot inspections at...
PUBLISHED Oct 5, 2017 05:50 AM

Toyota's Sept car sales in US get boost from Hurricane Harvey

TOYOTA Motor Corp recorded gains in US vehicle sales in September as demand surged...
PUBLISHED Oct 5, 2017 05:50 AM

GOVERNMENT & ECONOMY

UK economic growth remains subdued; BOE set to raise rates

BRITAIN'S economy remains stuck in low gear but price pressures are rising again,...
PUBLISHED Oct 5, 2017 05:50 AM

Parts of GOP tax overhaul endorsed by Conservative Democrats

A GROUP of conservative House Democrats is embracing some elements of a GOP plan to cut...
PUBLISHED Oct 5, 2017 05:50 AM

Japan's economy sees output exceed capacity the most in 9 years

JAPAN'S economy saw output exceed full capacity by the most in nine years in the...
PUBLISHED Oct 5, 2017 05:50 AM

Wider benefits seen in trade deals, challenging mercantilism

INTERNATIONAL trade deals have real benefits for small firms' competitiveness and...
PUBLISHED Oct 5, 2017 05:50 AM

RBI holds rates amid India slowdown

INDIA'S central bank held interest rates at a seven-year low on Wednesday in line...
PUBLISHED Oct 5, 2017 05:50 AM

Las Vegas shooter's girlfriend back in US; FBI to question her

LAS Vegas shooter Stephen Paddock's girlfriend has returned to the United States and...
PUBLISHED Oct 5, 2017 05:50 AM
EDITORIAL

Debt and liquidity dearth could propel next crisis

SCARE stories are always popular. With the 10-year anniversary of the 2008 global...
PUBLISHED Oct 5, 2017 05:50 AM

LIFE & CULTURE

Fans fired up by Springsteen on Broadway

EAGER to see her musical hero Bruce Springsteen in the intimate confines of a Broadway...
PUBLISHED Oct 5, 2017 05:50 AM

New S$100m fund should spur athletes to excel

IN 1988, prison officer Muthu Comarasamy paid his own way to watch Singapore's...
PUBLISHED Oct 5, 2017 05:50 AM

Sharapova still a 'goddess' in China

ONE fellow player called her a cheater and she is said to be unpopular in the locker room...
PUBLISHED Oct 5, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Corporate-startup programmes should focus on the startups, not the corporates

THIS week, ST Engineering launched Innosparks - an incubator for healthcare, workplace...
PUBLISHED Oct 5, 2017 05:50 AM

Smarter transport to ease traffic woes

ECONOMIC progress can seem like a double-edged sword - we relish the opportunities for...
PUBLISHED Oct 5, 2017 05:50 AM
THE BOTTOM LINE

Give HK political reform and independence idea will die

ADVOCATES of Hong Kong independence are intolerable, Zhang Xiaoming said last week on his...
PUBLISHED Oct 5, 2017 05:50 AM
EDITORIAL

Debt and liquidity dearth could propel next crisis

SCARE stories are always popular. With the 10-year anniversary of the 2008 global...
PUBLISHED Oct 5, 2017 05:50 AM

Would Mittelstand make America great again?

IN the past decades, US economic growth has been achieved by driving down costs through...
PUBLISHED Oct 5, 2017 05:50 AM

How Asean can unlock promise of artificial intelligence

ARTIFICIAL intelligence (AI) is still in its early stages in South-east Asia: the use of...
PUBLISHED Oct 5, 2017 05:50 AM

Why yuan's internationalisation has slowed

IN October 2016, the International Monetary Fund introduced the yuan or renminbi into the...
PUBLISHED Oct 5, 2017 05:50 AM

Singapore and Latin America seek to grow together

IN a world where protectionism is at the top of the agenda of some governments, Singapore...
PUBLISHED Oct 5, 2017 05:50 AM
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