Thursday, Oct 19, 2017

TOP STORIES

Expectations are high for Q3 earnings

AS THE third-quarter earnings season begins in earnest, expectations are running high...
PUBLISHED Oct 19, 2017 05:50 AM
NEWS ANALYSIS

Bargain hunters on the prowl for O&M assets

WITH oil prices stabilising at around US$50 per barrel, oil companies now have the needed...
PUBLISHED Oct 19, 2017 05:50 AM
19TH PARTY CONGRESS

Xi Jinping consolidates power, calls for 'new era'

IN A particularly long speech in front of top Chinese Communist Party (CCP) members...
PUBLISHED Oct 19, 2017 05:50 AM
19TH PARTY CONGRESS

Overseas assets held by China's centrally owned firms top 6t yuan

THE value of overseas assets held by China's centrally owned enterprises has...
PUBLISHED Oct 19, 2017 05:50 AM

Cashless fees not a major hurdle for hawkers: study

HAWKERS in Singapore - the bastion of the city-state's national treasure, food -...
PUBLISHED Oct 19, 2017 05:50 AM

SGX, Nasdaq tie up to spur listings on 2 exchanges

THE Singapore Exchange (SGX) has inked on Wednesday an agreement with Nasdaq Inc that...
PUBLISHED Oct 19, 2017 05:50 AM

Singapore most robust nation in Asia-Pac for data centre operations: Cushman & Wakefield

SINGAPORE has been rated Asia-Pacific's top location for data centres in a report by...
PUBLISHED Oct 19, 2017 05:50 AM

Magic Leap names EDBI, Temasek as investors in US$502m funding round

A MIXED and augmented reality startup has attracted a new US$502 million cash infusion...
PUBLISHED Oct 19, 2017 05:50 AM

STOCKS

CURRENCIES

Higher US yields push dollar up for a 5th day

THE dollar climbed for a fifth consecutive day on Wednesday as higher US Treasury yields...
PUBLISHED Oct 19, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Want to be a banker? Be an apprentice first

THE Singapore education system generally gets high marks internationally and at home...
PUBLISHED Oct 19, 2017 05:50 AM

Oxley raises S$12.95m from treasury shares sale to 34 investors

HOMEGROWN property developer Oxley Holdings has raised more than S$12 million from the...
PUBLISHED Oct 19, 2017 05:50 AM

Corporate digest

SATS has entered into an agreement to provide in-flight catering services for Turkish...
PUBLISHED Oct 19, 2017 05:50 AM

ESR-Reit eyes S$111m sale and leaseback deal with Hyflux

THE trustee of ESR Real Estate Investment Trust (ESR-Reit) is set to acquire a Tuas South...
PUBLISHED Oct 19, 2017 05:50 AM
CURRENCIES

Higher US yields push dollar up for a 5th day

THE dollar climbed for a fifth consecutive day on Wednesday as higher US Treasury yields...
PUBLISHED Oct 19, 2017 05:50 AM

REAL ESTATE

Oxley raises S$12.95m from treasury shares sale to 34 investors

HOMEGROWN property developer Oxley Holdings has raised more than S$12 million from the...
PUBLISHED Oct 19, 2017 05:50 AM

ESR-Reit eyes S$111m sale and leaseback deal with Hyflux

THE trustee of ESR Real Estate Investment Trust (ESR-Reit) is set to acquire a Tuas South...
PUBLISHED Oct 19, 2017 05:50 AM

Collective sales - reuse, renew, recycle

THE number of successful collective sales in the last six months has attracted much media...
PUBLISHED Oct 19, 2017 05:50 AM

Alphabet unit picks Toronto for first digital neighbourhood

LARRY Page's 'city of the future' has found its first home in the Canadian...
PUBLISHED Oct 19, 2017 05:50 AM

Housing should be for living in, not speculation: Xi Jinping

CHINESE President Xi Jinping renewed his call to ensure housing market stability and...
PUBLISHED Oct 19, 2017 05:50 AM

BANKING & FINANCE

Soros shifts US$18b to his pro-democracy foundation

BILLIONAIRE financier George Soros, known for donating to liberal causes, now commands...
PUBLISHED Oct 19, 2017 05:50 AM

Cash-loving Japanese savers opt to play it safe

THE Tokyo stock market might be riding two-decade highs, but a growing number of Japanese...
PUBLISHED Oct 19, 2017 05:50 AM

Fiji to sell world's first developing country 'green' bond

FIJI will issue a US$50 million "green" bond in the coming weeks to help combat...
PUBLISHED Oct 19, 2017 05:50 AM

ENERGY & COMMODITIES

COMMENTARY

The balance between reliability and emissions

IT WOULD be easy to dismiss the Australian government's discarding of a renewable...
PUBLISHED Oct 19, 2017 05:50 AM

SEC charges Rio Tinto, two former top executives with fraud

THE US Securities and Exchange Commission (SEC) on Tuesday charged mining company Rio...
PUBLISHED Oct 19, 2017 05:50 AM

Egypt's solar industry attracts investment of US$1.8b

EGYPT'S fledgling solar industry attracted US$1.8 billion of investment, largely...
PUBLISHED Oct 19, 2017 05:50 AM

TECHNOLOGY

Is facial recognition the stuff of sci-fi? Not in China

FROM toilet-paper dispensers to fast-food restaurants, travel and crime-fighting, China...
PUBLISHED Oct 19, 2017 05:50 AM

After several years of decline, IBM is ready to grow again

AFTER more than five years of declining sales, International Business Machines Corp (IBM...
PUBLISHED Oct 19, 2017 05:50 AM

YouTube debuts comedy video series in virtual reality push

YOUTUBE virtual reality video series The Confessional debuted on Tuesday, featuring...
PUBLISHED Oct 19, 2017 05:50 AM

Google Maps pulls calorie-counting feature

STEPHANIE Zerwas, the clinical director of the Center of Excellence for Eating Disorders...
PUBLISHED Oct 19, 2017 05:50 AM

Battle heats up for US$5b second Amazon HQ

IT'S the prize of a lifetime - a US$5 billion investment creating 50,000 well-paid...
PUBLISHED Oct 19, 2017 05:50 AM

CONSUMER

Fiji to sell world's first developing country 'green' bond

FIJI will issue a US$50 million "green" bond in the coming weeks to help combat...
PUBLISHED Oct 19, 2017 05:50 AM

Battle heats up for US$5b second Amazon HQ

IT'S the prize of a lifetime - a US$5 billion investment creating 50,000 well-paid...
PUBLISHED Oct 19, 2017 05:50 AM

Australia's Crown Resorts hit by accusations of poker machine-fixing, shares tumble

AUSTRALIA'S Crown Resorts Ltd was accused of tampering with poker machines on...
PUBLISHED Oct 19, 2017 05:50 AM

Sierra Leone plans to sell 709-carat diamond in NY auction

OFFICIALS in Sierra Leone said on Tuesday that it plans to auction off a massive 709-...
PUBLISHED Oct 19, 2017 05:50 AM

India's stricter consumer goods standards could hurt China imports

INDIA is tightening quality controls for consumer and capital goods, officials say, a...
PUBLISHED Oct 19, 2017 05:50 AM

TRANSPORT

Self-driving technology may be tried in Manhattan early 2018

PITY the poor taxi drivers. First came Uber, now comes no one.
PUBLISHED Oct 19, 2017 05:50 AM

Bombardier gives up jetliner ambitions for luxury planes, trains

BY relinquishing control of its CSeries jets to long-time rival Airbus, Bombardier is...
PUBLISHED Oct 19, 2017 05:50 AM

Winners and losers in Bombardier/Airbus deal

Bombardier: The deal resolves several headaches for the Canadian plane and train maker by...
PUBLISHED Oct 19, 2017 05:50 AM

Electric jet startup could become 'Uber in the sky'

EVIATION Aircraft chief executive Omer Bar-Yohay pictures a day not too far away when...
PUBLISHED Oct 19, 2017 05:50 AM

GOVERNMENT & ECONOMY

Nafta negotiators extend talks, delaying its potential demise

UNTIL Tuesday, the North American Free Trade Agreement (Nafta) looked like it might be...
PUBLISHED Oct 19, 2017 05:50 AM

Tourists put off by Catalonia independence push

CATALONIA'S independence push is taking its toll on the region's tourism...
PUBLISHED Oct 19, 2017 05:50 AM

Weakened Merkel scrambles to form coalition government

GERMAN Chancellor Angela Merkel, weakened by poor election results, will seek to forge...
PUBLISHED Oct 19, 2017 05:50 AM

Trump plans to pick nominee for Fed chair before trip

US President Donald Trump plans to announce his nominee to chair the Federal Reserve...
PUBLISHED Oct 19, 2017 05:50 AM

Self-driving technology may be tried in Manhattan early 2018

PITY the poor taxi drivers. First came Uber, now comes no one.
PUBLISHED Oct 19, 2017 05:50 AM

UK Brexit budget offer is 'peanuts': EU official

EUROPEAN Parliament president Antonio Tajani has described Britain's financial offer...
PUBLISHED Oct 19, 2017 05:50 AM

EU summit venue shut again by noxious fumes

THE Building where European Union (EU) leaders will meet on Thursday for a two-day summit...
PUBLISHED Oct 19, 2017 05:50 AM

Branson targeted in US$5m scam

RICHARD Branson, billionaire founder of the Virgin group, has revealed that he was...
PUBLISHED Oct 19, 2017 05:50 AM
COMMENTARY

Indonesia's slowdown belies Jakarta's reform spin

FEW central banks have been busier over the last 22 months than Indonesia's. Despite...
PUBLISHED Oct 19, 2017 05:50 AM

India's stricter consumer goods standards could hurt China imports

INDIA is tightening quality controls for consumer and capital goods, officials say, a...
PUBLISHED Oct 19, 2017 05:50 AM

NZ's kingmaker party sets Thursday to unveil result of talks to form govt

NEW Zealand's small nationalist party, which holds the balance of power after last...
PUBLISHED Oct 19, 2017 05:50 AM

Qatar emir says open to dialogue to resolve Gulf crisis

QATAR is "open to dialogue" in resolving a dispute that has seen the Gulf state...
PUBLISHED Oct 19, 2017 05:50 AM
EDITORIAL

Trump tries his 'art of the deal' on Pyongyang

SO-CALLED "secret negotiations" are reportedly underway, it seems, between the...
PUBLISHED Oct 19, 2017 05:50 AM

LIFE & CULTURE

US author George Saunders wins Man Booker Prize

US author George Saunders became only the second American writer to win Britain's...
PUBLISHED Oct 19, 2017 05:50 AM

Hold your breath, injured Sheeran's Singapore shows may not happen

AWARD-WINNING British singer-songwriter Ed Sheeran has cancelled five shows of his...
PUBLISHED Oct 19, 2017 05:50 AM

Self-taught deaf pianist performs at Sunburst Concert

SELF-TAUGHT pianist Ron Tan Zi Kai is "80 per cent deaf". He learned to play...
PUBLISHED Oct 19, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Want to be a banker? Be an apprentice first

THE Singapore education system generally gets high marks internationally and at home...
PUBLISHED Oct 19, 2017 05:50 AM
COMMENTARY

The balance between reliability and emissions

IT WOULD be easy to dismiss the Australian government's discarding of a renewable...
PUBLISHED Oct 19, 2017 05:50 AM

Changing the face of risk in the digital age

MUCH has been discussed of late in the media about the digitalisation of the insurance...
PUBLISHED Oct 19, 2017 05:50 AM
THE BOTTOM LINE

Snap election is Abe's to lose

WITH official campaigning for the 48th Japanese general election on Oct 22 under way,...
PUBLISHED Oct 19, 2017 05:50 AM
EDITORIAL

Trump tries his 'art of the deal' on Pyongyang

SO-CALLED "secret negotiations" are reportedly underway, it seems, between the...
PUBLISHED Oct 19, 2017 05:50 AM

Time for listed companies to weed out untimely information disclosure

SINGAPORE'S stock exchange operates under a disclosure-based regime premised on the...
PUBLISHED Oct 19, 2017 05:50 AM

Time Vietnam eliminated some slogans

THE Communist Party of Vietnam, the ruling party, is still wedded to economic slogans...
PUBLISHED Oct 19, 2017 05:50 AM
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