Thursday, Oct 12, 2017

TOP STORIES

Nikkei index nears 21-year high amid positive economic data

DRIVEN by improved earnings and optimism over the strength of its economy, Japan's...
PUBLISHED Oct 12, 2017 05:50 AM

Banyan Tree marks homecoming with resort in Mandai

SINGAPORE hospitality group Banyan Tree Holdings will open its first Singapore resort on...
PUBLISHED Oct 12, 2017 05:50 AM

SPH revamps for better footing in digital information age

MEDIA giant Singapore Press Holdings (SPH) will take a sharp cut in the cost base of its...
PUBLISHED Oct 12, 2017 05:50 AM

Foreign firms allowed to re-domicile to Singapore from Oct 11

FOREIGN companies can now transfer their registration from their original jurisdiction...
PUBLISHED Oct 12, 2017 05:50 AM

M&A activity in technology sector seen staying strong over the next year

WHILE the pace of technology M&A has slowed in the first three quarters of the year,...
PUBLISHED Oct 12, 2017 05:50 AM

Singapore accountants 'unprepared for the future'

ACCOUNTING and finance professionals in Singapore are far from ready for the challenges...
PUBLISHED Oct 12, 2017 05:50 AM

German shipping group picks up Middle Rd building for S$60m

THE Prospex, a nine-storey retail and office building next to Bugis+, is being sold for S...
PUBLISHED Oct 12, 2017 05:50 AM

Car COE premiums seen falling by up to S$10,000 in 2018

PASSENGER car certificate of entitlement (COE) premiums could slump by S$10,000 to S$15,...
PUBLISHED Oct 12, 2017 05:50 AM

HK chief announces reforms to housing and taxes

SMALL businesses and middle-income aspiring homeowners could stand to benefit the most...
PUBLISHED Oct 12, 2017 05:50 AM

Star-studded chef Andre Chiang calls it quits

BARELY three months after retaining his two Michelin stars for the second year in a row,...
PUBLISHED Oct 12, 2017 05:50 AM

Singapore to host Alibaba research lab

WITH a fresh, bold move, Alibaba Group is set to extend its influence across Singapore...
PUBLISHED Oct 12, 2017 05:50 AM

STOCKS

STOCKS

STI ends lower in another muted session

WIKIPEDIA defines Chinese water torture as "a process in which water is slowly...
PUBLISHED Oct 12, 2017 05:50 AM

Brokers' take

Viva Industrial Trust (VIT) announced that it has declined an offer from Ho Lee Group Pte...
PUBLISHED Oct 12, 2017 05:50 AM
CURRENCIES

Dollar dips on tax reform doubts, euro strength

THE dollar dipped to a 12-day low against a basket of major currencies on Wednesday as...
PUBLISHED Oct 12, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

What more can be done to take the market forward?

THE changes proposed by the Singapore Exchange (SGX) earlier this week to give greater...
PUBLISHED Oct 12, 2017 05:50 AM

New Silkroutes shares pick up on dental clinic acquisitions

SHARES in New Silkroutes Group (NSG) rose 2.5 Singapore cents or 6.3 per cent to close at...
PUBLISHED Oct 12, 2017 05:50 AM

First Reit completes purchase of hospital, mall in Buton, Indonesia

FIRST Real Estate Investment Trust (First Reit) has completed its acquisition of Siloam...
PUBLISHED Oct 12, 2017 05:50 AM

Frasers Centrepoint acquires two warehouses in Germany

FRASERS Centrepoint Limited (FCL) is entrenching its presence in Germany further with the...
PUBLISHED Oct 12, 2017 05:50 AM

Spackman acquiring Korean film production company

CATALIST-LISTED Spackman Entertainment Group has proposed to acquire Studio Take, a...
PUBLISHED Oct 12, 2017 05:50 AM

Green Masala bond listing by IREDA spices up SGX

SINGAPORE Exchange on Wednesday welcomed the latest "Masala" - or rupee-...
PUBLISHED Oct 12, 2017 05:50 AM

Singtel, Ericsson to set up centre to develop, deploy 5G

SINGAPORE Telecommunications (Singtel) has tied up with communication solutions and...
PUBLISHED Oct 12, 2017 05:50 AM

HK securities regulator investigating 15 firms for IPO sponsorship roles

HONG Kong's securities regulator is probing "substandard work" by 15 firms...
PUBLISHED Oct 12, 2017 05:50 AM

Corporate digest

NET profit for Duty Free International (DFI) in its second quarter edged up 1.6 per cent...
PUBLISHED Oct 12, 2017 05:50 AM
STOCKS

STI ends lower in another muted session

WIKIPEDIA defines Chinese water torture as "a process in which water is slowly...
PUBLISHED Oct 12, 2017 05:50 AM

Brokers' take

Viva Industrial Trust (VIT) announced that it has declined an offer from Ho Lee Group Pte...
PUBLISHED Oct 12, 2017 05:50 AM
CURRENCIES

Dollar dips on tax reform doubts, euro strength

THE dollar dipped to a 12-day low against a basket of major currencies on Wednesday as...
PUBLISHED Oct 12, 2017 05:50 AM

REAL ESTATE

First Reit completes purchase of hospital, mall in Buton, Indonesia

FIRST Real Estate Investment Trust (First Reit) has completed its acquisition of Siloam...
PUBLISHED Oct 12, 2017 05:50 AM

Frasers Centrepoint acquires two warehouses in Germany

FRASERS Centrepoint Limited (FCL) is entrenching its presence in Germany further with the...
PUBLISHED Oct 12, 2017 05:50 AM

Home rental market remains subdued in Sept: SRX Property

SINGAPORE'S housing rental market stayed in the doldrums in September, going by SRX...
PUBLISHED Oct 12, 2017 05:50 AM

Here's why you can't afford a house, Bank Negara tells Malaysians

MALAYSIA'S central bank has a response to those saying it needs to do more to spur...
PUBLISHED Oct 12, 2017 05:50 AM

Pound's fall on Brexit fails to boost London luxury home sales

REALTORS who thought that London's luxury-home market would be kick-started by the...
PUBLISHED Oct 12, 2017 05:50 AM

M7 launches Reit IPO, aiming to raise £300m

PROPERTY investment firm M7 Real Estate has launched a sale of shares in a new company -...
PUBLISHED Oct 12, 2017 05:50 AM

Cost of building homes in Germany hits 9-year high

THE cost of building homes in Germany hit a nine-year high in August, data showed on...
PUBLISHED Oct 12, 2017 05:50 AM

BANKING & FINANCE

Green Masala bond listing by IREDA spices up SGX

SINGAPORE Exchange on Wednesday welcomed the latest "Masala" - or rupee-...
PUBLISHED Oct 12, 2017 05:50 AM

China's debt-for-equity swaps looking more like debt-for-debt move

A KEY Chinese initiative to rein in the world's largest corporate-debt load is a...
PUBLISHED Oct 12, 2017 05:50 AM

UBS chief forecasts bigger returns as capital issues fade

UBS Group AG chief executive officer Sergio Ermotti signalled that the world's...
PUBLISHED Oct 12, 2017 05:50 AM

BlackRock names former Obama aide to run sustainable investing

BLACKROCK Inc is bringing in a former senior Obama administration official to run fast-...
PUBLISHED Oct 12, 2017 05:50 AM

ENERGY & COMMODITIES

A Trump red light for Iran deal: what's at stake for oil and gas

IRAN, already struggling to attract investors to its energy industry, may find things...
PUBLISHED Oct 12, 2017 05:50 AM

Capacity of India's steel mills to double as demand grows

STEEL demand in India is gathering speed amid an infrastructure building boom that is set...
PUBLISHED Oct 12, 2017 05:50 AM

TECHNOLOGY

Revamped Infosys training programme treats recruits like fighter pilots

WHEN Infosys set out to remake its internal training programme, instructors visited...
PUBLISHED Oct 12, 2017 05:50 AM

Hot chips expected to make Samsung's Q3 profit sizzle

SAMSUNG Electronics Co Ltd is expected to forecast a record third quarter profit on...
PUBLISHED Oct 12, 2017 05:50 AM

CONSUMER

Wildfires could give California wines smoky taste

WINE connoisseurs may find some of northern California's 2017 vintage to be a bit...
PUBLISHED Oct 12, 2017 05:50 AM

Pfizer's big deal in limbo as it has yet to shed consumer-health unit

PFIZER Inc's move to offload its consumer-health division could bring in billions of...
PUBLISHED Oct 12, 2017 05:50 AM

Starbucks CEO sees decades of growth from China market

CHINA is Starbucks Corp's biggest growth opportunity, and its expansion there could...
PUBLISHED Oct 12, 2017 05:50 AM

TRANSPORT

Japan steel scandal grows as more carmakers hit

TOP Japanese carmakers said on Wednesday they were scrambling to assess the safety of...
PUBLISHED Oct 12, 2017 05:50 AM

BMW eyes China JV with Great Wall Motor: source

GERMAN luxury automaker BMW is looking to form a joint venture (JV) with Great Wall Motor...
PUBLISHED Oct 12, 2017 05:50 AM

Emirates willing to cooperate with rival Etihad

EMIRATES is open to cooperation with rival Etihad Airways on areas including procurement...
PUBLISHED Oct 12, 2017 05:50 AM

10,000 electric cars highlight steep path to India's ambitions

PRIME Minister Narendra Modi has kicked off India's race to turn all new passenger...
PUBLISHED Oct 12, 2017 05:50 AM

AirAsia X may swap order for 66 Airbus A330neos to A350s

AIRASIA X Bhd, the long-haul arm of the region's biggest budget carrier, is looking...
PUBLISHED Oct 12, 2017 05:50 AM

GOVERNMENT & ECONOMY

Here's why you can't afford a house, Bank Negara tells Malaysians

MALAYSIA'S central bank has a response to those saying it needs to do more to spur...
PUBLISHED Oct 12, 2017 05:50 AM

Spanish stocks rally as Catalonia postpones independence declaration

THE Spanish stock market rallied sharply and the euro appreciated slightly after...
PUBLISHED Oct 12, 2017 05:50 AM

Carney rate hike signals flaws in UK economy

BANK of England Governor Mark Carney is ready to raise interest rates from a position of...
PUBLISHED Oct 12, 2017 05:50 AM

Tax cuts to spur growth, consumption in KL Budget 2018?

COULD tax cuts be included in Malaysia's 2018 Budget to be tabled in a fortnight? ...
PUBLISHED Oct 12, 2017 05:50 AM

Britain releases massive report on disparities between nation's races

THE British government on Tuesday unveiled an extraordinary website and accompanying...
PUBLISHED Oct 12, 2017 05:50 AM

LIFE & CULTURE

What next for FC Barcelona in case of Catalan independence?

CATALONIA'S drive for independence from Spain could have wide-reaching consequences...
PUBLISHED Oct 12, 2017 05:50 AM

Da Vinci's portrait of Christ could fetch US$100m at auction

THE last privately owned Leonardo da Vinci painting and one of fewer than 20 by the...
PUBLISHED Oct 12, 2017 05:50 AM

Big payout for Springsteen as Broadway run begins

NOT bad for a first week on the job: Bruce Springsteen's Broadway show raked in US$2...
PUBLISHED Oct 12, 2017 05:50 AM

The new Miss Universe Singapore

Manuela Bruntraeger, 24, was crowned Miss Universe Singapore 2017 last night at the...
PUBLISHED Oct 12, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

What more can be done to take the market forward?

THE changes proposed by the Singapore Exchange (SGX) earlier this week to give greater...
PUBLISHED Oct 12, 2017 05:50 AM

Innovation, research key to farming's future

THE World Bank predicts that food demand is projected to rise by at least 20 per cent...
PUBLISHED Oct 12, 2017 05:50 AM
THE BOTTOM LINE

Why you don't need funding to start a business

BEFORE we launched finder.com in Singapore, we started out as a student credit card blog...
PUBLISHED Oct 12, 2017 05:50 AM
EDITORIAL

Election compass to continue directing Malaysia's policies

THE timing of Malaysia's next general election is anybody's guess but the...
PUBLISHED Oct 12, 2017 05:50 AM

EU banking system now in better shape: ECB official

Andreas Dombret, a member of the executive board of the Deutsche Bundesbank and the...
PUBLISHED Oct 12, 2017 05:50 AM

Europe nervous about Brexit

BREXIT negotiations are due to resume this week under quite changed circumstances. The...
PUBLISHED Oct 12, 2017 05:50 AM
LETTER TO THE EDITOR

Repetitive criticism of YuuZoo is far from constructive

I REFER to the article by Mak Yuen Teen, associate professor of accounting at the NUS,...
PUBLISHED Oct 12, 2017 05:50 AM
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