Wednesday, Nov 08, 2017

TOP STORIES

Growth, profit hopes power Asia shares to new highs

BETTER days ahead are expected for regional equity markets, which are now on a roll,...
PUBLISHED Nov 8, 2017 05:50 AM

Nice touchdown for SIA Q2, but carrier warns of bumpy ride ahead

SINGAPORE Airlines (SIA) turned in a better second quarter despite a tough environment,...
PUBLISHED Nov 8, 2017 05:50 AM

What makes a director independent? Issue still hotly debated

FIVE years have passed since Singapore's corporate governance code set out the...
PUBLISHED Nov 8, 2017 05:50 AM

CMA CGM confirms order for nine super-sized LNG-powered box ships

THE contest to build ever-larger container ships is heating up, but with a greener twist...
PUBLISHED Nov 8, 2017 05:50 AM
SINGAPORE FINTECH FESTIVAL 2017 COUNTDOWN

OCBC sees AI payoff in compliance

OCBC Bank is raising the bar on using artificial intelligence (AI) and machine learning...
PUBLISHED Nov 8, 2017 05:50 AM

Companies in the business of doing good

MORE than 40 Singapore-based companies, big and small, convened to recognise the...
PUBLISHED Nov 8, 2017 05:50 AM

12 Apec leaders slated to speak at CEO Summit

AT least 12 Pacific Rim leaders, including US President Donald Trump and Chinese...
PUBLISHED Nov 8, 2017 05:50 AM
PARLIAMENT

GIC took correct view of developed market equities

AS a long-term player, GIC was correct to take a conservative view and reduce its...
PUBLISHED Nov 8, 2017 05:50 AM
PARLIAMENT

RCEP negotiations at critical juncture: Koh Poh Koon

THE Regional Comprehensive Economic Partnership (RCEP) negotiations have reached a...
PUBLISHED Nov 8, 2017 05:50 AM
PARLIAMENT

Khaw outlines plans to prevent flooding of MRT tunnels again

THE design of the Bishan water pump system is being improved, the pay of top management...
PUBLISHED Nov 8, 2017 05:50 AM

Insurers, agents must upgrade with digital changes: Tharman

INSURANCE firms can and must do more with digital technology, while insurance agents must...
PUBLISHED Nov 8, 2017 05:50 AM

STOCKS

HOT STOCK

DBS surges as much as 4% after clean-up

DBS Group Holdings on Tuesday surged as much as 4 per cent following the clean-up of its...
PUBLISHED Nov 8, 2017 05:50 AM
STOCKS

STI bounces back amid upbeat outlook

SINGAPORE equities made a swift rebound on Tuesday following slight losses clocked a day...
PUBLISHED Nov 8, 2017 05:50 AM

Brokers' take

WE reiterate our 'buy' rating on Genting Singapore as we believe the stock...
PUBLISHED Nov 8, 2017 05:50 AM
CURRENCIES

Dollar gains as risk appetite flourishes

THE euro fell on Tuesday as investors added bets that monetary policy will continue to...
PUBLISHED Nov 8, 2017 05:50 AM

Tee Land paying S$72m for Casa Contendere

TEE Land is buying the freehold Casa Contendere at 35 Gilstead Road through a collective...
PUBLISHED Nov 8, 2017 05:50 AM
COMMENTARY

The correction that never happened

GLOBAL equity markets have gone without a 5 per cent drawdown for more than a year and...
PUBLISHED Nov 8, 2017 05:50 AM

COMPANIES & MARKETS

Razer prices IPO at HK$3.88 a share amid strong retail interest

GAMING tech firm Razer is said to have priced its initial public offering (IPO) at HK$3...
PUBLISHED Nov 8, 2017 05:50 AM

Cityneon could face cash offer as majority shareholder gets new majority owner

MAINBOARD-LISTED events and exhibitions firm Cityneon Holdings may face a possible cash...
PUBLISHED Nov 8, 2017 05:50 AM

Corporate digest

DBS Group has appointed as a new independent director Lim Tse Ghow Olivier, who was a...
PUBLISHED Nov 8, 2017 05:50 AM
HOCK LOCK SIEW

Behind the scenes: The making of a mini media empire

MM2 Asia is building a mini media empire in its own right, taking a leaf from the pages...
PUBLISHED Nov 8, 2017 05:50 AM

Improved rents, high occupancies lift BHG Retail Reit's Q3

IMPROVED rentals and a maintaining of its high occupancy rates boosted results for...
PUBLISHED Nov 8, 2017 05:50 AM

Apple supplier Hi-P 'not a one-man show', says executive chairman

APPLE supplier Hi-P International is "not a one-man show", said executive...
PUBLISHED Nov 8, 2017 05:50 AM

Perennial's Q3 profit boosted by UEL stake

INTEGRATED real estate and healthcare company Perennial Real Estate Holdings saw its...
PUBLISHED Nov 8, 2017 05:50 AM
HOT STOCK

DBS surges as much as 4% after clean-up

DBS Group Holdings on Tuesday surged as much as 4 per cent following the clean-up of its...
PUBLISHED Nov 8, 2017 05:50 AM

OKP Holdings' Q3 profit plunges 62.4%

INFRASTRUCTURE and civil engineering company OKP Holdings Ltd posted a 62.4 per cent drop...
PUBLISHED Nov 8, 2017 05:50 AM

Staffing company Adecco's Q3 earnings take a hit from culling of brands

ADECCO reported worse than expected third-quarter earnings on Tuesday as the world's...
PUBLISHED Nov 8, 2017 05:50 AM
STOCKS

STI bounces back amid upbeat outlook

SINGAPORE equities made a swift rebound on Tuesday following slight losses clocked a day...
PUBLISHED Nov 8, 2017 05:50 AM

Brokers' take

WE reiterate our 'buy' rating on Genting Singapore as we believe the stock...
PUBLISHED Nov 8, 2017 05:50 AM
CURRENCIES

Dollar gains as risk appetite flourishes

THE euro fell on Tuesday as investors added bets that monetary policy will continue to...
PUBLISHED Nov 8, 2017 05:50 AM

Tee Land paying S$72m for Casa Contendere

TEE Land is buying the freehold Casa Contendere at 35 Gilstead Road through a collective...
PUBLISHED Nov 8, 2017 05:50 AM

REAL ESTATE

Improved rents, high occupancies lift BHG Retail Reit's Q3

IMPROVED rentals and a maintaining of its high occupancy rates boosted results for...
PUBLISHED Nov 8, 2017 05:50 AM

Perennial's Q3 profit boosted by UEL stake

INTEGRATED real estate and healthcare company Perennial Real Estate Holdings saw its...
PUBLISHED Nov 8, 2017 05:50 AM

Tee Land paying S$72m for Casa Contendere

TEE Land is buying the freehold Casa Contendere at 35 Gilstead Road through a collective...
PUBLISHED Nov 8, 2017 05:50 AM

China Evergrande Group surges on stake sale of property unit

CHINA Evergrande Group, Asia's hottest stock, raised US$9 billion from selling a...
PUBLISHED Nov 8, 2017 05:50 AM

Hoteliers ambushed by politics in Saudi Arabia, China, US

HOTELS used to be gauged by the campaign strategy that won the presidency for Bill...
PUBLISHED Nov 8, 2017 05:50 AM

Half of Europeans who don't own a home think they never will

NEARLY half of Europeans who do not own their own home have given up hope of ever doing...
PUBLISHED Nov 8, 2017 05:50 AM

BANKING & FINANCE

HOT STOCK

DBS surges as much as 4% after clean-up

DBS Group Holdings on Tuesday surged as much as 4 per cent following the clean-up of its...
PUBLISHED Nov 8, 2017 05:50 AM

Emerging-market funds turn away new clients

CHEAP money may have buoyed emerging-market macro hedge funds towards their ninth...
PUBLISHED Nov 8, 2017 05:50 AM

China's Meituan-Dianping mulls US IPO of US$3b in 2018

CHINA'S Meituan-Dianping, an online platform for ordering food and booking movies...
PUBLISHED Nov 8, 2017 05:50 AM

Foreign credit card firms in China pressed to form local joint ventures

CHINA is pressing foreign payment card companies to form local joint ventures for onshore...
PUBLISHED Nov 8, 2017 05:50 AM

SocGen probed over possible anti-graft law breach

SOCIETE Generale (SocGen) said the French financial prosecutor had opened a preliminary...
PUBLISHED Nov 8, 2017 05:50 AM

Hedge funds buoy bitcoin price despite banks' scepticism

THE chief executive of JPMorgan Chase, Jamie Dimon, has called bitcoin a fraud and made...
PUBLISHED Nov 8, 2017 05:50 AM

ENERGY & COMMODITIES

Kiwis target zero carbon but green dream puts energy security at risk

AFTER defying the political odds to become the world's youngest female leader, New...
PUBLISHED Nov 8, 2017 05:50 AM

India's state miner NMDC plans bid for US$9b diamond mine

INDIA'S state-owned miner NMDC Ltd plans to bid for a US$9 billion diamond project...
PUBLISHED Nov 8, 2017 05:50 AM

TECHNOLOGY

Surf's up for startups at Web Summit 2017 in Portuguese capital

THE next generation of Internet giants gather this week in Portugal for four days of tech...
PUBLISHED Nov 8, 2017 05:50 AM

China Literature stock climbs in grey market before debut

CHINA Literature Ltd, the online reading unit being spun out by Tencent Holdings Ltd,...
PUBLISHED Nov 8, 2017 05:50 AM
NEWS ANALYSIS

iPhone X will make Apple more money per phone than its iPhone 8 model

APPLE Inc's new flagship iPhone X makes the company more money per phone than its...
PUBLISHED Nov 8, 2017 05:50 AM

Top US court rejects Samsung appeal of patent loss to Apple

THE US Supreme Court on Monday refused to step back into the years-long feud over patents...
PUBLISHED Nov 8, 2017 05:50 AM

Apple borrows US$7b even as tax laws may fill cash coffers

APPLE Inc, looking to fund stock buybacks and dividends, sold US$7 billion of bonds even...
PUBLISHED Nov 8, 2017 05:50 AM

AI to the fore in war on cyberattacks

CYBERATTACKS from nation-states may have hogged the limelight, but the startling truth is...
PUBLISHED Nov 8, 2017 05:50 AM

Building better defences against cyberattacks

WHEN the recent WannaCry ransomware attack hit the global headlines, thousands of...
PUBLISHED Nov 8, 2017 05:50 AM

CONSUMER

HOCK LOCK SIEW

Behind the scenes: The making of a mini media empire

MM2 Asia is building a mini media empire in its own right, taking a leaf from the pages...
PUBLISHED Nov 8, 2017 05:50 AM

Etsy, under pressure, beats estimates with more shopping

ETSY Inc kept its word to investors and eked out a small boost in its growth rate by...
PUBLISHED Nov 8, 2017 05:50 AM

Amazon debuts private-label sportswear

AMAZON.COM Inc's expansion into private-label activewear is beginning to show up on...
PUBLISHED Nov 8, 2017 05:50 AM

Get ready for GMO fruit salad as modified apples head to Midwest

GENETICALLY modified fruit salad just got real. Along with virus-resistant papayas,...
PUBLISHED Nov 8, 2017 05:50 AM

TRANSPORT

STRAIT TALK

Patchy picture on pinning down piracy

OVER the past three decades piracy has gone from being something largely out of the...
PUBLISHED Nov 8, 2017 05:50 AM

Tencent develops own autonomous driving system, sources say

TENCENT Holdings Ltd has developed its own autonomous driving system, according to people...
PUBLISHED Nov 8, 2017 05:50 AM

Delta 'eyeing 100 single-aisle jets worth up to US$12.7b'

DELTA Air Lines Inc is nearing an order for about 100 single-aisle planes, people...
PUBLISHED Nov 8, 2017 05:50 AM

Mitsubishi Motors swings to operating profit in Q2

MITSUBISHI Motors Corp said on Tuesday that it has swung to an operating profit for the...
PUBLISHED Nov 8, 2017 05:50 AM

Nissan resumes most of its scandal-hit car production

NISSAN Motor Co Ltd resumed on Tuesday most of the domestic car production that had been...
PUBLISHED Nov 8, 2017 05:50 AM

GOVERNMENT & ECONOMY

SMEs still facing 'very big' hurdles in export markets, says WTO director-general

IN the digital world, the level playing field for big and small companies is supposed to...
PUBLISHED Nov 8, 2017 05:50 AM

Millionaires and super-millionaires grow in Asia by 400,000 to 5.5m in 2016

THE eight-year long global equity bull market has boosted the wealth of the Asian-Pacific...
PUBLISHED Nov 8, 2017 05:50 AM

China plans easing foreign holding, partner choice for securities ventures amid pressure from Western govts

CHINA plans to allow global banks to take a stake of up to 51 per cent in their onshore...
PUBLISHED Nov 8, 2017 05:50 AM

Trump urges N Korea to end nuclear standoff, the South to improve FTA

PRESIDENT Donald Trump on Tuesday warned North Korea he was prepared to use the full...
PUBLISHED Nov 8, 2017 05:50 AM
EDITORIAL

Keeping the focus on human beings, and jobs, in today's AI-driven world

NOT a day passes without new instances, out in the media, of how artificial intelligence...
PUBLISHED Nov 8, 2017 05:50 AM
THE BOTTOM LINE

Is an improved Japan-China relationship in the works?

SHINZO Abe's stunning electoral victory last month won him a fourth term as Japan...
PUBLISHED Nov 8, 2017 05:50 AM

Time to take a S-E Asian approach to multilateralism

TWO years ago, I became director of SOAS University of London, a university with 100...
PUBLISHED Nov 8, 2017 05:50 AM

LIFE & CULTURE

Getting students involved in creating spaces

A HDB void deck with an imagination corner, a communal kitchen and herb garden - that was...
PUBLISHED Nov 8, 2017 05:50 AM

Hollywood in a reputation-management crisis

WHEN the Harvey Weinstein scandal reached fever pitch last month, Ben Affleck's...
PUBLISHED Nov 8, 2017 05:50 AM

EXECUTIVE MONEY

COMMENTARY

The correction that never happened

GLOBAL equity markets have gone without a 5 per cent drawdown for more than a year and...
PUBLISHED Nov 8, 2017 05:50 AM

Hedge funds buoy bitcoin price despite banks' scepticism

THE chief executive of JPMorgan Chase, Jamie Dimon, has called bitcoin a fraud and made...
PUBLISHED Nov 8, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Behind the scenes: The making of a mini media empire

MM2 Asia is building a mini media empire in its own right, taking a leaf from the pages...
PUBLISHED Nov 8, 2017 05:50 AM
STRAIT TALK

Patchy picture on pinning down piracy

OVER the past three decades piracy has gone from being something largely out of the...
PUBLISHED Nov 8, 2017 05:50 AM
EDITORIAL

Keeping the focus on human beings, and jobs, in today's AI-driven world

NOT a day passes without new instances, out in the media, of how artificial intelligence...
PUBLISHED Nov 8, 2017 05:50 AM

Cryptocurrencies: Case for curated regulations

MUCH ink has been spilt in connection with the good and evil of cryptocurrencies...
PUBLISHED Nov 8, 2017 05:50 AM
THE BOTTOM LINE

Is an improved Japan-China relationship in the works?

SHINZO Abe's stunning electoral victory last month won him a fourth term as Japan...
PUBLISHED Nov 8, 2017 05:50 AM

Time to take a S-E Asian approach to multilateralism

TWO years ago, I became director of SOAS University of London, a university with 100...
PUBLISHED Nov 8, 2017 05:50 AM
COMMENTARY

Building a Smart Nation starts with trust

THE vision for Singapore to become a Smart Nation has topped the national agenda since...
PUBLISHED Nov 8, 2017 05:50 AM
COMMENTARY

In a democracy, there can be no bystanders

SOME people wrote just to say thanks, from Arizona, from all over the country and from...
PUBLISHED Nov 8, 2017 05:50 AM
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