Thursday, Nov 23, 2017

TOP STORIES

BT EXCLUSIVE

Developers 'in two main camps over how much to bid for land'

ARE developers too aggressive in bidding up land prices in Singapore? It may well depend...
PUBLISHED Nov 23, 2017 05:50 AM

Retail therapy at a click? You'll likely have to pay GST soon

GOODS and services tax (GST) could soon be levied on e-commerce purchases, as the...
PUBLISHED Nov 23, 2017 05:50 AM

Trade Association Hub to facilitate closer collaboration of more than 20 trade groups

MORE than 20 trade associations are set to collaborate more closely in the national push...
PUBLISHED Nov 23, 2017 05:50 AM

MyRepublic tops up S$70m war chest; sets Q1 2018 for mobile launch

THERE'S no need for MyRepublic to ask who's on the other end of the line this...
PUBLISHED Nov 23, 2017 05:50 AM

Driverless buses to be tested in 3 new towns from 2022

RESIDENTS and workers in three new towns will be the first in Singapore to ride...
PUBLISHED Nov 23, 2017 05:50 AM

Singapore's fiscal challenge

Singapore's spending needs are growing. But the economy is maturing and growth is...
PUBLISHED Nov 23, 2017 05:50 AM
COMMENTARY

Trafigura's bonds show new financing route for commodity traders

FINANCING is the lifeblood of commodity traders - as investors would have observed from...
PUBLISHED Nov 23, 2017 05:50 AM

Hang Seng Index rises above 30,000 to decade-high

HONG KONG'S benchmark equity gauge rose above the 30,000 level for the first time in...
PUBLISHED Nov 23, 2017 05:50 AM
LATEST US DATA

US core capital goods orders post biggest drop in a year

NEW orders for key US-made capital goods unexpectedly fell in October after three...
PUBLISHED Nov 23, 2017 05:50 AM

STOCKS

RE&S Holdings closes 41% higher on first trading day

SHARES of RE&S Holdings Limited closed on Wednesday - its first day of trading on the...
PUBLISHED Nov 23, 2017 05:50 AM
HOT STOCK

LifeBrandz queried by SGX on its unusual trading activity

MAINBOARD-LISTED lifestyle group LifeBrandz told the Singapore Exchange (SGX) that its...
PUBLISHED Nov 23, 2017 05:50 AM

COMPANIES & MARKETS

Cromwell Reit re-launches IPO after changes

THE manager of Cromwell European Real Estate Investment Trust (Reit) on Wednesday lodged...
PUBLISHED Nov 23, 2017 05:50 AM

RE&S Holdings closes 41% higher on first trading day

SHARES of RE&S Holdings Limited closed on Wednesday - its first day of trading on the...
PUBLISHED Nov 23, 2017 05:50 AM

Sea's Q3 loss widens, but revenue up

GAMING and e-commerce firm Sea on Wednesday delivered its first earnings report since its...
PUBLISHED Nov 23, 2017 05:50 AM

Corporate digest

CATERING company Neo Group has entered into an exclusive negotiation agreement to acquire...
PUBLISHED Nov 23, 2017 05:50 AM
HOCK LOCK SIEW

Nets to score home run with S$30m investment in cashless platform

NETS - the payment services group owned by DBS Bank, OCBC Bank and United Overseas Bank...
PUBLISHED Nov 23, 2017 05:50 AM
BT EXCLUSIVE - NEWS ANALYSIS

EuroSports upbeat with better numbers, new cars on the way

OPTIMISM is fired up at listed supercar dealer EuroSports Global these days, on the back...
PUBLISHED Nov 23, 2017 05:50 AM

UOB's new robot employees Amy and Eve making quick work of data entry tasks

UNITED Overseas Bank (UOB) has welcomed its first "virtual employees" that will...
PUBLISHED Nov 23, 2017 05:50 AM

SBH case: Mary Chia's costs add up to S$700,000

MARY Chia Holdings Limited announced on Wednesday that its wholly owned subsidiary, Mary...
PUBLISHED Nov 23, 2017 05:50 AM
HOT STOCK

LifeBrandz queried by SGX on its unusual trading activity

MAINBOARD-LISTED lifestyle group LifeBrandz told the Singapore Exchange (SGX) that its...
PUBLISHED Nov 23, 2017 05:50 AM
STOCKS

STI up 6.64 points in cautious market

LOCAL traders were cautious on Wednesday, ahead of the domestic growth and inflation...
PUBLISHED Nov 23, 2017 05:50 AM

Brokers' take

Hutchison Port Holdings Trust | Hold
PUBLISHED Nov 23, 2017 05:50 AM
CURRENCIES

Buoyant risk appetite pushes euro up again

THE euro edged higher for a second consecutive day on Wednesday, recouping more than half...
PUBLISHED Nov 23, 2017 05:50 AM

REAL ESTATE

Cromwell Reit re-launches IPO after changes

THE manager of Cromwell European Real Estate Investment Trust (Reit) on Wednesday lodged...
PUBLISHED Nov 23, 2017 05:50 AM

US homes sales accelerate, supply still a constraint

HOME sales in the United States increased more than expected in October as hurricane-...
PUBLISHED Nov 23, 2017 05:50 AM

Kismis View launched for en bloc sale for S$102m

KISMIS View, a collective sale site in Lorong Kismis in the Upper Bukit Timah area, has...
PUBLISHED Nov 23, 2017 05:50 AM

New York's Harlem is getting posh and it's getting pushback from poorer residents

IN 1969, Samuel Hargress bought his Harlem jazz bar and the surrounding building for US$...
PUBLISHED Nov 23, 2017 05:50 AM

Strong trading in UK housing market: Countryside

COUNTRYSIDE Properties said trading in Britain's housing market was robust, with...
PUBLISHED Nov 23, 2017 05:50 AM

M&C opens new M Social hotel in Auckland

EIGHTEEN months after the first M Social hotel was opened in Singapore, Millennium &...
PUBLISHED Nov 23, 2017 05:50 AM

BANKING & FINANCE

HOCK LOCK SIEW

Nets to score home run with S$30m investment in cashless platform

NETS - the payment services group owned by DBS Bank, OCBC Bank and United Overseas Bank...
PUBLISHED Nov 23, 2017 05:50 AM

UOB's new robot employees Amy and Eve making quick work of data entry tasks

UNITED Overseas Bank (UOB) has welcomed its first "virtual employees" that will...
PUBLISHED Nov 23, 2017 05:50 AM

Morgan Stanley's Asia wealth push faces poaching pull by ultra-rich

ASIA'S swelling ranks of the mega-wealthy are proving to be a mixed blessing for...
PUBLISHED Nov 23, 2017 05:50 AM

China clamps down on online micro lending

CHINA took steps to rein in the rapidly growing and lightly regulated market for online...
PUBLISHED Nov 23, 2017 05:50 AM

ENERGY & COMMODITIES

Great Barrier Reef vs coal jobs in Queensland election

THE fate of Adani Group's A$16.5 billion (S$16.9 billion) Australian coal mine...
PUBLISHED Nov 23, 2017 05:50 AM

China's steel industry - strict up north, easy down south

ONE country, two systems has come to the world's largest steel industry...
PUBLISHED Nov 23, 2017 05:50 AM

TECHNOLOGY

UOB's new robot employees Amy and Eve making quick work of data entry tasks

UNITED Overseas Bank (UOB) has welcomed its first "virtual employees" that will...
PUBLISHED Nov 23, 2017 05:50 AM

Whitman steps down as HP Enterprise CEO

MEG Whitman on Tuesday announced that she will step down as chief executive of Hewlett...
PUBLISHED Nov 23, 2017 05:50 AM

Microsoft's Skype pulled from app stores in China

SKYPE, Microsoft Corp's Internet phone call and messaging service, has disappeared...
PUBLISHED Nov 23, 2017 05:50 AM

CONSUMER

Ikea re-issues recall of wobbly dressers that have killed 8 kids

SWEDISH furniture giant Ikea has refunded just a fraction for the millions of dressers it...
PUBLISHED Nov 23, 2017 05:50 AM

Big tobacco companies face tax reckoning in Japan on next-gen products

JAPANESE lawmakers are just weeks away from proposing changes that could erode tax...
PUBLISHED Nov 23, 2017 05:50 AM

Disney animation legend Lasseter takes leave over misconduct

JOHN Lasseter, creative head of Walt Disney Co's Pixar and animation studios, is...
PUBLISHED Nov 23, 2017 05:50 AM

Demand for gold in China lifts profit at jeweller Chow Tai Fook

CHOW Tai Fook Jewellery Group Ltd's profit increased for a second consecutive six-...
PUBLISHED Nov 23, 2017 05:50 AM

TRANSPORT

BT EXCLUSIVE - NEWS ANALYSIS

EuroSports upbeat with better numbers, new cars on the way

OPTIMISM is fired up at listed supercar dealer EuroSports Global these days, on the back...
PUBLISHED Nov 23, 2017 05:50 AM

Hackers stole data from 57 million Uber riders and drivers, says CEO

UBER said on Tuesday that hackers compromised personal data from some 57 million riders...
PUBLISHED Nov 23, 2017 05:50 AM

Tesla's new sports car burns rubber while company burns money at US$8,000 a minute

ELON Musk said last week that Tesla Inc is designing a new sports car that could go from...
PUBLISHED Nov 23, 2017 05:50 AM

Ford may exit some markets in South America, says JPMorgan

FORD Motor Co is on the verge of taking dramatic action to turn around its money-losing...
PUBLISHED Nov 23, 2017 05:50 AM

Airbus eyes single-pilot, autonomous airliner to help carriers cut costs

AIRBUS SE is looking to develop autonomous aircraft and technologies that will allow a...
PUBLISHED Nov 23, 2017 05:50 AM

GOVERNMENT & ECONOMY

UK Budget sees growth forecasts slashed, borrowings raised

BRITAIN slashed its growth forecasts for its Brexit-bound economy and expects to borrow...
PUBLISHED Nov 23, 2017 05:50 AM

Clashes and little progress at Nafta talks

UNITED States officials have tried in recent weeks to cool tensions over the North...
PUBLISHED Nov 23, 2017 05:50 AM

Mugabe resigns as Zimbabwe president after impeachment threat; ends 37-year rule

BOWING to a nation that had turned against him, Robert Mugabe resigned as president of...
PUBLISHED Nov 23, 2017 05:50 AM

Singapore issues travel advisory after small eruption at Bali volcano

INDONESIA'S Mount Agung volcano in Bali has let out a puff of black smoke and ash in...
PUBLISHED Nov 23, 2017 05:50 AM

LIFE & CULTURE

50 years on, Rolex and golf are still linked

THERE is an omnipresence about the Rolex brand at most golf events - be in London or Los...
PUBLISHED Nov 23, 2017 05:50 AM

Trump spares his first Thanksgiving turkey

IT BEGAN with a familiar pledge: US President Donald Trump's audience, he promised,...
PUBLISHED Nov 23, 2017 05:50 AM

Reputation sells 1.2m copies in first week

AMERICAN pop singer-songwriter Taylor Swift is still selling albums like it's 2014...
PUBLISHED Nov 23, 2017 05:50 AM

Kendall Jenner ousts Gisele Bundchen as world's top- earning model

KENDALL Jenner has topped a list of the world's highest paid models, edging Gisele...
PUBLISHED Nov 23, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Nets to score home run with S$30m investment in cashless platform

NETS - the payment services group owned by DBS Bank, OCBC Bank and United Overseas Bank...
PUBLISHED Nov 23, 2017 05:50 AM

The Middle East's new balance of power

SO like Washington Irving's Rip Van Winkle, you had fallen asleep many years ago,...
PUBLISHED Nov 23, 2017 05:50 AM
EDITORIAL

GST hike is a reasonable price to pay for a stronger fiscal footing

IF the Singapore government means to build a more sustainable fiscal base, a Goods and...
PUBLISHED Nov 23, 2017 05:50 AM
THE BOTTOM LINE

Are China-Japan ties starting to show some improvement?

JAPAN and China are experiencing a definite, if limited, thaw in their relations. Up...
PUBLISHED Nov 23, 2017 05:50 AM

Logistics industry well-placed to overcome challenges amid disruption

DELIVERY logistics continues to flow in new directions led by e-commerce and online...
PUBLISHED Nov 23, 2017 05:50 AM

Businesses need to leverage megatrends in Asia-Pacific

ASIA-PACIFIC is home to the world's largest population, and is growing at a rapid...
PUBLISHED Nov 23, 2017 05:50 AM
LETTER TO THE EDITOR

Raising GST is the best way to expand revenue base

THE recent media coverage on the possibility of tax increases tells us that the run-up to...
PUBLISHED Nov 23, 2017 05:50 AM
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