Friday, Oct 20, 2017

TOP STORIES

China policy moves, rate fears maul HK stocks

HONG Kong shares turned sharply lower in afternoon trading on Thursday, led by some of...
PUBLISHED Oct 20, 2017 05:50 AM

SRX operator sues major consultancies over its valuation service

VARIOUS property consultancies JLL, Knight Frank, Edmund Tie & Company, CBRE and Teho...
PUBLISHED Oct 20, 2017 05:50 AM

Beef it up with BT Weekend

TXULETON, tri-tip. Wagyu, dry-aged. Longhorn, shorthorn. These are just some of the terms...
PUBLISHED Oct 20, 2017 05:50 AM

Keppel breaks two-and-half year spell with 30% Q3 profit jump

KEPPEL Corporation posted a 30 per cent increase in third-quarter net profit to S$291.83...
PUBLISHED Oct 20, 2017 05:50 AM

HDB's new online resale portal heralds disruption

REAL estate agencies and valuers see the start of digital disruption rocking the sector...
PUBLISHED Oct 20, 2017 05:50 AM

Ageing population triggers debate on GDP growth, interest rates

THE unique challenges presented by the global ageing trend across several large countries...
PUBLISHED Oct 20, 2017 05:50 AM

China's Q3 growth holds steady at 6.8%

CHINA'S economy continued to expand at a steady rate over the third quarter,...
PUBLISHED Oct 20, 2017 05:50 AM
19TH PARTY CONGRESS

Foreign firms wary of growing role of party in their operations

FOREIGN companies in China have welcomed the ruling Communist Party's move to set up...
PUBLISHED Oct 20, 2017 05:50 AM

Spain threatens to take control of Catalonia's government

SPAIN'S central government announced on Thursday it would quickly move to take...
PUBLISHED Oct 20, 2017 05:50 AM

Singapore firm eyes ICO to provide platform for cryptoeconomics

IN an attempt to institutionalise cryptocurrency as a new asset class, Lattice80, a...
PUBLISHED Oct 20, 2017 05:50 AM

COEs end mixed in 2nd round for Oct

CERTIFICATE of Entitlement (COE) prices finished mixed in the second round of bidding for...
PUBLISHED Oct 20, 2017 05:50 AM

Jetstar Asia is 'most punctual Asia-Pacific airline'

JETSTAR Asia has emerged tops in terms of punctuality among Asia-Pacific airlines,...
PUBLISHED Oct 20, 2017 05:50 AM

STOCKS

HOT STOCKS

Sapphire gains on buy-in by HK-listed property group

SHARES of Sapphire Corp rose on Thursday after it announced on Wednesday night that two...
PUBLISHED Oct 20, 2017 05:50 AM

COMPANIES & MARKETS

Dragon Group acquires Coeur Gold Armenia in RTO

ARMENIAN miner Coeur Gold Armeni Ltd, whose earlier attempt to list on the Singapore...
PUBLISHED Oct 20, 2017 05:50 AM

Growth-hungry SMG snaps up clinic for S$7.9m

SIX months after moving into the paediatric space, Catalist-listed healthcare provider...
PUBLISHED Oct 20, 2017 05:50 AM
HOCK LOCK SIEW

When agents migrate, it takes two to tango

IT'S been argued that technically, one can tango, but it definitely took two to...
PUBLISHED Oct 20, 2017 05:50 AM

SGX queries UMS Holdings over stock price surge

SHARES of UMS Holdings Limited shot up nearly 9 per cent to hit S$1.105 apiece at 1.15pm...
PUBLISHED Oct 20, 2017 05:50 AM
HOT STOCKS

Sapphire gains on buy-in by HK-listed property group

SHARES of Sapphire Corp rose on Thursday after it announced on Wednesday night that two...
PUBLISHED Oct 20, 2017 05:50 AM

Corporate digest

GUOCOLAND posted a higher first quarter net profit of S$165.55 million, up from S$25.64...
PUBLISHED Oct 20, 2017 05:50 AM
STOCKS

ST Index rallies for fourth straight day

POSITIVE US earnings and what can be argued as upbeat data from China as its Q3 growth of...
PUBLISHED Oct 20, 2017 05:50 AM

Brokers' take

SATS Limited BUY
PUBLISHED Oct 20, 2017 05:50 AM
CURRENCIES

Euro at one-week high as Catalonia crisis fails to deter bulls

THE euro climbed to a one-week high on Thursday as investors shrugged off political...
PUBLISHED Oct 20, 2017 05:50 AM

Ascott acquires its first Silicon Valley hotel

THE Ascott Limited (Ascott) on Thursday said it would acquire and refurbish The Domain...
PUBLISHED Oct 20, 2017 05:50 AM

Pressure grows on Noble Group: Vitol says oil deal 'complicated'

VITOL Group's negotiations to buy Noble Group Ltd's oil trading unit are "...
PUBLISHED Oct 20, 2017 05:50 AM

Sinochem taps banks for Hong Kong IPO of oil assets, say sources

CHINA'S Sinochem Group has tapped three banks, including Morgan Stanley, to work on...
PUBLISHED Oct 20, 2017 05:50 AM

YTL Group founder dies at age 88

PROMINENT businessman and founder of the YTL Group Yeoh Tiong Lay has died at age 88, his...
PUBLISHED Oct 20, 2017 05:50 AM

London bourse CEO fires back at Aramco IPO critics

LONDON Stock Exchange Group plc's Xavier Rolet hit back at criticism that listing...
PUBLISHED Oct 20, 2017 05:50 AM

REAL ESTATE

Ascott acquires its first Silicon Valley hotel

THE Ascott Limited (Ascott) on Thursday said it would acquire and refurbish The Domain...
PUBLISHED Oct 20, 2017 05:50 AM

China's Sept property sales drop for first time in over 21/2 years

PROPERTY sales in China dropped for the first time in more than 2½ years in September and...
PUBLISHED Oct 20, 2017 05:50 AM

2 fund management firms oppose CDL's takeover bid for M&C

TWO fund management firms have joined an investor revolt against the planned 1.8 billion...
PUBLISHED Oct 20, 2017 05:50 AM

US housing starts hit 1-year low

US homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma...
PUBLISHED Oct 20, 2017 05:50 AM

BANKING & FINANCE

China's big ball of money set for bounce back to stock market

PROPERTY, overseas investments and shadow-banking products have all been targeted by...
PUBLISHED Oct 20, 2017 05:50 AM
BOSSES ON THE MOVE

London Stock Exchange CEO to step down by end of 2018

XAVIER Rolet, chief executive of the London Stock Exchange Group, will step down at the...
PUBLISHED Oct 20, 2017 05:50 AM

AmEx profit gets lift from unit built by incoming CEO

AS Steve Squeri prepares to take the helm of American Express Co, the company is...
PUBLISHED Oct 20, 2017 05:50 AM

UK fintech investment set for record-breaking year in 2017

BRITISH fintech companies are expected to see record-breaking investment this year and to...
PUBLISHED Oct 20, 2017 05:50 AM

China's Sept property sales drop for first time in over 21/2 years

PROPERTY sales in China dropped for the first time in more than 2½ years in September and...
PUBLISHED Oct 20, 2017 05:50 AM

ENERGY & COMMODITIES

Pressure grows on Noble Group: Vitol says oil deal 'complicated'

VITOL Group's negotiations to buy Noble Group Ltd's oil trading unit are "...
PUBLISHED Oct 20, 2017 05:50 AM

Steelmakers' business gets harder and harder

BEHIND the scandal engulfing Kobe Steel Ltd over the falsification of data for some of...
PUBLISHED Oct 20, 2017 05:50 AM

China's bold gas plan could result in winter of discontent

CHINA has ordered state oil companies to speed up the construction of pipelines to move...
PUBLISHED Oct 20, 2017 05:50 AM

Oil's biggest traders argue over what price should be

THE world's biggest oil traders said that crude could rise above US$60 a barrel in a...
PUBLISHED Oct 20, 2017 05:50 AM

Alcoa sees China curbs balancing aluminium market

ALCOA Corp sees Chinese cuts in aluminium production returning the global market to...
PUBLISHED Oct 20, 2017 05:50 AM

TECHNOLOGY

TSMC foresees double-digit sales growth as iPhone X hits shelves

TAIWAN Semiconductor Manufacturing Co (TSMC) forecast 11 to 12 per cent growth in revenue...
PUBLISHED Oct 20, 2017 05:50 AM

Self-taught, 'superhuman' AI now even smarter: makers

THE computer that stunned humanity by beating the best mortal players at a strategy board...
PUBLISHED Oct 20, 2017 05:50 AM

SAP shares drop in Frankfurt as cloud growth disappoints analysts

SAP SE fell in early Frankfurt trading despite raising its sales forecast, as third-...
PUBLISHED Oct 20, 2017 05:50 AM

CONSUMER

China biotech's 'coming-out party' masks long road ahead as innovation still lacking

INVESTORS are betting on China's potential to feed the global pharmaceutical...
PUBLISHED Oct 20, 2017 05:50 AM

LVMH stocking up on cognac, starting with more vineyards

LUXURY goods maker LVMH hopes to be well on its way to remedying its cognac shortage two...
PUBLISHED Oct 20, 2017 05:50 AM

Unilever results take a hit as bad weather melts ice cream sales

UNILEVER reported third-quarter sales growth that fell well short of estimates as poor...
PUBLISHED Oct 20, 2017 05:50 AM

Health insurer Anthem cuts ties with pharmacy-benefits manager Express Scripts

BEING the middleman standing between drugmakers and insurance companies is getting to be...
PUBLISHED Oct 20, 2017 05:50 AM

TRANSPORT

Toyota, Honda, Mazda vouch for safety of Kobe Steel's aluminium parts

THREE Japanese carmakers on Thursday said they found no safety issues with aluminium...
PUBLISHED Oct 20, 2017 05:50 AM

SIA adds Android Pay, Apple Pay services to its mobile app

SINGAPORE Airlines (SIA) has added Android Pay and Apple Pay mobile payment services to...
PUBLISHED Oct 20, 2017 05:50 AM

Car2Go adds Mercedes sedans, SUVs to its New York fleet

HIPSTERS rolling through the streets of Brooklyn in 2.7m long Smart cars will soon be...
PUBLISHED Oct 20, 2017 05:50 AM

Airbus pledges to put sales focus on Bombardier's C Series

AIRBUS SE will prioritise sales of Bombardier Inc's C Series jet over the smallest...
PUBLISHED Oct 20, 2017 05:50 AM

GOVERNMENT & ECONOMY

China's central bank chief warns of 'Minsky moment'

CHINA'S central bank chief on Thursday issued a stark warning about asset bubbles in...
PUBLISHED Oct 20, 2017 05:50 AM

Japan September export growth slows slightly, but expansion trend intact

JAPAN'S export growth slowed in September for the first time in three months,...
PUBLISHED Oct 20, 2017 05:50 AM

Conservatives campaign against Yellen's reappointment

HOUSE conservatives have mounted a campaign to urge President Donald Trump not to...
PUBLISHED Oct 20, 2017 05:50 AM

Rift within India's central bank panel widens as views differ

INDIA'S monetary policymakers disagreed sharply over whether the economy needed...
PUBLISHED Oct 20, 2017 05:50 AM

DINING OUT

Attention-grabbing Australian food

EVER stepped into a new restaurant and felt a wave of deja vu?
PUBLISHED Oct 20, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

When agents migrate, it takes two to tango

IT'S been argued that technically, one can tango, but it definitely took two to...
PUBLISHED Oct 20, 2017 05:50 AM
EDITORIAL

In his second term, a politically stronger Xi Jinping will face challenges

DURING his opening address to the 19th National Congress of the Communist Party on...
PUBLISHED Oct 20, 2017 05:50 AM

The disruptor wins it all

FORD Motor company sold about three million vehicles last year. Tesla, the electric car...
PUBLISHED Oct 20, 2017 05:50 AM
THE BOTTOM LINE

North Korea is not just a nuclear threat but a cyberthreat

IT TURNS out that North Korea is not just a nuclear threat. It is also a cyberthreat -...
PUBLISHED Oct 20, 2017 05:50 AM

Planning for an energy future: Asia at a fork in the road

TEN years have passed since the first Singapore International Energy Week. In that time,...
PUBLISHED Oct 20, 2017 05:50 AM
COMMENTARY

Happy days are here again - or are they?

THIS could have been the theme song of the recent annual meetings of the International...
PUBLISHED Oct 20, 2017 05:50 AM
COMMENTARY

Modi's economic reforms: a mixed picture

ELECTED in 2014 on a platform of economic reform, India's Prime Minister, Narendra...
PUBLISHED Oct 20, 2017 05:50 AM

Lifestyle

Attention-grabbing Australian food

EVER stepped into a new restaurant and felt a wave of deja vu?
PUBLISHED Oct 20, 2017 05:50 AM

A sharp handling of complicated family matters

JUST when Adam Sandler haters think they can avoid the comedian on the big screen, he...
PUBLISHED Oct 20, 2017 05:50 AM

Old-school metal acts bring the noise

WATCHING Sebastian Bach - the estranged ex-lead singer of Skid Row, not the German...
PUBLISHED Oct 20, 2017 05:50 AM

A classic that needs some updating

THE Esplanade has been the venue for many a wonderful dance performance, especially with...
PUBLISHED Oct 20, 2017 05:50 AM

Film festival kicks off with thought-provoking flick

THE 28th Singapore International Film Festival (SGIFF) kicks off on Nov 23 with the...
PUBLISHED Oct 20, 2017 05:50 AM

Life of a man, told without words

OFF Kilter is described by its creators as a play about mental illness. But it's...
PUBLISHED Oct 20, 2017 05:50 AM

Late night at the museum

SLEEPLESS in Singapore? Night owls now have an additional location to check out. The Red...
PUBLISHED Oct 20, 2017 05:50 AM

Classical gems and Norwegian delights

ONE of the world's oldest choral ensembles is set to take centre stage at the...
PUBLISHED Oct 20, 2017 05:50 AM
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