Friday, Nov 10, 2017

TOP STORIES

Is Singapore's startup accreditation scheme pivoting to global outfits?

THE last few years have seen global tech startups - think Uber, Stripe, Netflix and ofo...
PUBLISHED Nov 10, 2017 05:50 AM

Noble Group's woes deepen with Q3 loss of US$1.17b

DISTRESSED commodity trader Noble Group slipped deeper into the abyss with a massive...
PUBLISHED Nov 10, 2017 05:50 AM

The price of haute dining in BT Weekend

SINGAPORE is the second most expensive city in Asia for fine dining after Hong Kong,...
PUBLISHED Nov 10, 2017 05:50 AM
APEC IN VIETNAM

Globalisation has its pluses, but one problem is Asean's 'brain drain': Duterte

GLOBALISATION has brought its share of benefits to the world economy but there are also...
PUBLISHED Nov 10, 2017 05:50 AM
APEC IN VIETNAM

Apec ministerial meeting ends a day late due to differing views on trade and protectionism

A MEETING of Pacific Rim trade and foreign ministers in the Vietnamese city of Da Nang...
PUBLISHED Nov 10, 2017 05:50 AM
APEC IN VIETNAM

Apec gears up for talks to build closer regional economic ties

PRIME Minister Lee Hsien Loong arrives in Danang on Friday for a meeting of leaders of...
PUBLISHED Nov 10, 2017 05:50 AM
SINGAPORE FINTECH FESTIVAL 2017 COUNTDOWN

Banks up digital offerings for healthcare

SINGAPORE banks are rolling out more digital initiatives to meet customers' needs in...
PUBLISHED Nov 10, 2017 05:50 AM

Singapore carving itself a spot on new global manufacturing value chains, says Tharman

SINGAPORE is poised to be part of new global value chains in manufacturing amid a...
PUBLISHED Nov 10, 2017 05:50 AM

More SMEs banding together to win regional e-commerce projects

THREE small and medium-sized enterprises (SMEs) - Shopmatic, Red Dot Payment, and...
PUBLISHED Nov 10, 2017 05:50 AM

Trump's $250b in China deals feature little of substance

THE headline number is impressive: A quarter-trillion dollars in deals from China that...
PUBLISHED Nov 10, 2017 05:50 AM

Gain from NetLink Trust IPO masks fall in Singtel's Q2 underlying profit

JULY'S divestment of a majority stake in NetLink Trust propelled Singapore...
PUBLISHED Nov 10, 2017 05:50 AM

Paradise Papers increase pressure for tax transparency

RENEWED attention is focusing on the vexed topic of global tax transparency in the wake...
PUBLISHED Nov 10, 2017 05:50 AM

STOCKS

STOCKS

Singapore shares inch up on China data

AFTER a weak start to the day, Singapore equities managed to cap the day's session...
PUBLISHED Nov 10, 2017 05:50 AM
CURRENCIES

US dollar hits nine-day low versus yen

THE dollar slipped to its lowest this month against the yen on Thursday, pressured by...
PUBLISHED Nov 10, 2017 05:50 AM

COMPANIES & MARKETS

CDL's Q3 profit sinks 8.3% to S$156m on sales slide

SMALLER one-off gains and the absence of "lumpy" contributions from property...
PUBLISHED Nov 10, 2017 05:50 AM

UOL Q3 profit up 600% on UIC deal

UOL Group posted a 609 per cent jump in net profit to S$618.1 million for the third...
PUBLISHED Nov 10, 2017 05:50 AM

No Signboard seafood restaurant to raise up to S$35m in Catalist IPO

SEAFOOD restaurant chain No Signboard Holdings is headed for an initial public offering (...
PUBLISHED Nov 10, 2017 05:50 AM

NetLink posts S$13m gain for first fiscal period post-listing

NETLINK NBN Trust on Thursday posted a profit attributable to unitholders of S$12.99...
PUBLISHED Nov 10, 2017 05:50 AM

Keppel-KBS US Reit closes one US cent higher on trading debut

KEPPEL-KBS US Reit was stuck in range-bound trading on the day of its trading debut,...
PUBLISHED Nov 10, 2017 05:50 AM
HOCK LOCK SIEW

Is CEA a relevant body for Reits' activities?

MANAGERS of Singapore's real estate investment trusts (Reits) are thrust into some...
PUBLISHED Nov 10, 2017 05:50 AM

Sats' Q2 profit up 16.2% on one-off gains, contributions

DESPITE a dip in revenue, groundhandler Sats posted a 16.2 per cent increase in net...
PUBLISHED Nov 10, 2017 05:50 AM

Corporate digest

TRANSPORT operator SBS Transit's third-quarter profit was driven up about 42 per...
PUBLISHED Nov 10, 2017 05:50 AM

Yangzijiang posts 208% surge in Q3 earnings

HIGHER turnover helped boost earnings at Yangzijiang Shipbuilding (Holdings) by more than...
PUBLISHED Nov 10, 2017 05:50 AM

Ezion still in the red, more impairment losses expected

LOWER revenue and gross profit pulled liftboat-focused Ezion Holdings into the red for...
PUBLISHED Nov 10, 2017 05:50 AM
STOCKS

Singapore shares inch up on China data

AFTER a weak start to the day, Singapore equities managed to cap the day's session...
PUBLISHED Nov 10, 2017 05:50 AM

Brokers' take

OUR 2018 FSSTI target of 3,530 has the potential to stretch to 3,730 should corporate...
PUBLISHED Nov 10, 2017 05:50 AM
CURRENCIES

US dollar hits nine-day low versus yen

THE dollar slipped to its lowest this month against the yen on Thursday, pressured by...
PUBLISHED Nov 10, 2017 05:50 AM

REAL ESTATE

CDL's Q3 profit sinks 8.3% to S$156m on sales slide

SMALLER one-off gains and the absence of "lumpy" contributions from property...
PUBLISHED Nov 10, 2017 05:50 AM

UOL Q3 profit up 600% on UIC deal

UOL Group posted a 609 per cent jump in net profit to S$618.1 million for the third...
PUBLISHED Nov 10, 2017 05:50 AM

Keppel-KBS US Reit closes one US cent higher on trading debut

KEPPEL-KBS US Reit was stuck in range-bound trading on the day of its trading debut,...
PUBLISHED Nov 10, 2017 05:50 AM

Rooftop farms now allowed under landscape replacement policy: URA

MORE urban rooftop farms may soon crop up after the Urban Redevelopment Authority (URA)...
PUBLISHED Nov 10, 2017 05:50 AM

HDB resale prices slip 0.3% in Oct: SRX

HDB resale prices dipped by 0.3 per cent in October from a month ago, the same decline...
PUBLISHED Nov 10, 2017 05:50 AM

HK housing faces prime threat as banks get squeezed on rates

CRUNCH the numbers behind Hong Kong's mortgage payments, and you'll spot signs...
PUBLISHED Nov 10, 2017 05:50 AM

Riyadh's Ritz-Carlton now a '5-star prison'

THE gates are shut, the phone line is perpetually busy and you can't book a room...
PUBLISHED Nov 10, 2017 05:50 AM

BANKING & FINANCE

Alarm over US regulator's call to let retailers, tech giants be banks

SMALL Main Street banks vowed on Wednesday to fight any review of a ban that prevents...
PUBLISHED Nov 10, 2017 05:50 AM

China exporters are trading their way to a more global yuan

FACED with a currency now moving more freely in both directions, smaller-scale Chinese...
PUBLISHED Nov 10, 2017 05:50 AM

JPMorgan says Patel forex policy makes for a more nimble rupee

THE Reserve Bank of India's currency intervention policy during governor Urjit Patel...
PUBLISHED Nov 10, 2017 05:50 AM

Kiwi dollar up as RBNZ advances rate-hike forecast

NEW Zealand's central bank signalled that interest rates may need to rise slightly...
PUBLISHED Nov 10, 2017 05:50 AM

ENERGY & COMMODITIES

Gold demand slides to eight-year low in third quarter

GOLD demand slid to its lowest in eight years in the last quarter as jewellery buying...
PUBLISHED Nov 10, 2017 05:50 AM

Oil sees wild swings as US output hits record

OIL traded near US$57 a barrel after swinging wildly in the previous session as investors...
PUBLISHED Nov 10, 2017 05:50 AM

Billionaire Icahn subpoenaed by US on biofuels dealing

BILLIONAIRE investor Carl Icahn has been subpoenaed by the US Justice Department over his...
PUBLISHED Nov 10, 2017 05:50 AM

Siemens flags continued slump in energy markets

SIEMENS AG signalled that a slump in demand for energy-generating equipment is set to...
PUBLISHED Nov 10, 2017 05:50 AM

TECHNOLOGY

Tencent sees video games and more ads in Snapchat's future

CHINESE Internet giant Tencent Holdings Ltd said on Thursday it could help Snapchat owner...
PUBLISHED Nov 10, 2017 05:50 AM

Qualcomm begins selling server chip it says beats Intel's

QUALCOMM Inc, trying to break in on Intel Corp's lucrative stranglehold on server...
PUBLISHED Nov 10, 2017 05:50 AM

Philippine call centres brace for job losses from AI translators

THE outsourcing industry in the Philippines, which has dethroned India as the country...
PUBLISHED Nov 10, 2017 05:50 AM

Ex-Yahoo CEO apologises for data breaches, blames Russians

FORMER Yahoo chief executive Marissa Mayer apologised on Wednesday for two massive data...
PUBLISHED Nov 10, 2017 05:50 AM

CONSUMER

No Signboard seafood restaurant to raise up to S$35m in Catalist IPO

SEAFOOD restaurant chain No Signboard Holdings is headed for an initial public offering (...
PUBLISHED Nov 10, 2017 05:50 AM

Regulator, AT&T at odds over CNN in Time Warner deal

US antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless...
PUBLISHED Nov 10, 2017 05:50 AM

Black Friday deals creep ever earlier

THANKSGIVING is still two weeks away, but Black Friday has already begun - at least for...
PUBLISHED Nov 10, 2017 05:50 AM

China's 'Taobao Villages' cash in on Double 11 spree

WORKERS wielding screeching hand-held wood sanders toil overtime in Cheng Huaibao's...
PUBLISHED Nov 10, 2017 05:50 AM

M&S slows expansion of standalone food stores

MARKS and Spencer (M&S), the British clothing-to-food retailer, announced on...
PUBLISHED Nov 10, 2017 05:50 AM

TRANSPORT

Sats' Q2 profit up 16.2% on one-off gains, contributions

DESPITE a dip in revenue, groundhandler Sats posted a 16.2 per cent increase in net...
PUBLISHED Nov 10, 2017 05:50 AM

Ezion still in the red, more impairment losses expected

LOWER revenue and gross profit pulled liftboat-focused Ezion Holdings into the red for...
PUBLISHED Nov 10, 2017 05:50 AM

Boeing wins US$37b China orders for 300 aircraft

CHINA Aviation Supplies Holding Co agreed to buy 300 aircraft worth about US$37 billion...
PUBLISHED Nov 10, 2017 05:50 AM

Vietnam Airlines in share sales talks

VIETNAM Airlines Corp will offer more shares to foreign investors, including possibly...
PUBLISHED Nov 10, 2017 05:50 AM
COMMENTARY

Electric cars don't need subsidies anymore

NEWS that the US$7,500 federal tax credit for electric vehicle purchases would be...
PUBLISHED Nov 10, 2017 05:50 AM

Flying taxis no pie in the sky - Uber and Nasa to pilot service

PICTURE flying taxis priced as competitively as your standard Uber cab ride.
PUBLISHED Nov 10, 2017 05:50 AM

Parked A380 plane seeks new operator or it'll be scrapped

THE first Airbus SE superjumbo to exit service will be stored minus its engines at a...
PUBLISHED Nov 10, 2017 05:50 AM

GOVERNMENT & ECONOMY

Rooftop farms now allowed under landscape replacement policy: URA

MORE urban rooftop farms may soon crop up after the Urban Redevelopment Authority (URA)...
PUBLISHED Nov 10, 2017 05:50 AM

China October factory prices jump as pollution crackdown squeezes supply

CHINA inflation both at factories and for retailers jumped to a nine-month high in...
PUBLISHED Nov 10, 2017 05:50 AM

Bank Negara stays on hold, may review monetary accommodation

MALAYSIA'S central bank left its benchmark rate unchanged on Thursday, but raised...
PUBLISHED Nov 10, 2017 05:50 AM

Eurozone growth to hit fastest in a decade in 2017

THE European Union (EU) sharply raised its eurozone growth forecast for 2017 on Thursday...
PUBLISHED Nov 10, 2017 05:50 AM

Official says new ECB rules on bad loans can be improved

THE European Central Bank is prepared to delay and improve its new, stricter rules on bad...
PUBLISHED Nov 10, 2017 05:50 AM

Saudi billionaires said to be moving assets out

SOME Saudi billionaires and millionaires are seeking to move assets from the kingdom and...
PUBLISHED Nov 10, 2017 05:50 AM

New US government rules restrict travel and trade with Cuba

THE US government made it tougher on Wednesday for Americans to visit Cuba and do...
PUBLISHED Nov 10, 2017 05:50 AM

US slams World Bank lending to rich countries

WORLD Bank lending to countries like China that are rich enough to finance their own...
PUBLISHED Nov 10, 2017 05:50 AM

Are Democrats getting their mojo back?

IT has been said that time flies when you are having a good time. It's not clear,...
PUBLISHED Nov 10, 2017 05:50 AM

DINING OUT

Need to sink its roots a little deeper

"IS this your first time here?" The hostess asks as we step into Racines, a...
PUBLISHED Nov 10, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Is CEA a relevant body for Reits' activities?

MANAGERS of Singapore's real estate investment trusts (Reits) are thrust into some...
PUBLISHED Nov 10, 2017 05:50 AM
COMMENTARY

Electric cars don't need subsidies anymore

NEWS that the US$7,500 federal tax credit for electric vehicle purchases would be...
PUBLISHED Nov 10, 2017 05:50 AM
EDITORIAL

Lunch is important, but you don't have to eat it during lunchtime

LUNCH, who knew, can be a symbolic meal. It is a necessity to most people; but to "...
PUBLISHED Nov 10, 2017 05:50 AM
THE BOTTOM LINE

America is under-taxed - and being irresponsible about it

WE Americans are having the wrong debate. Almost all the arguing over the Trump...
PUBLISHED Nov 10, 2017 05:50 AM

Are Democrats getting their mojo back?

IT has been said that time flies when you are having a good time. It's not clear,...
PUBLISHED Nov 10, 2017 05:50 AM

The machines have risen, but there's no need to panic

WE have been anticipating their arrival for decades. As far back as 1958, The New York...
PUBLISHED Nov 10, 2017 05:50 AM

Apec's cooperative spirit a plus against challenges to trade

ON Saturday, the leaders of the world's largest and most dynamic trading corridor,...
PUBLISHED Nov 10, 2017 05:50 AM

Lifestyle

Suffering from an identity crisis

BY THE time Suburbicon lumbers towards its final reveal, the nagging feeling that George...
PUBLISHED Nov 10, 2017 05:50 AM

The story of a relationship that caused an uproar

WHAT'S an ageing monarch (Victoria) to do when she outlives her beloved husband (...
PUBLISHED Nov 10, 2017 05:50 AM

When art changed the world

TWO towering 19th-century figures of South-east Asian art are the focus of a new...
PUBLISHED Nov 10, 2017 05:50 AM

Dazzling turnout at jewellery and gem fair

IT'S official: the Tiny Red Dot loves its bling...
PUBLISHED Nov 10, 2017 05:50 AM

Taylor Swift sticks to a safe space - Tumblr

FOR a megastar approaching the release of her latest blockbuster, Taylor Swift, the human...
PUBLISHED Nov 10, 2017 05:50 AM

Need to sink its roots a little deeper

"IS this your first time here?" The hostess asks as we step into Racines, a...
PUBLISHED Nov 10, 2017 05:50 AM

The allergies of the few are affecting the diets of the many

I'M standing in a space the width of an airplane aisle, staring at frying oils. It...
PUBLISHED Nov 10, 2017 05:50 AM
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