Friday, Dec 01, 2017

TOP STORIES

BT EXCLUSIVE

SGX aims to strike a balance in review of dual-class shares

AS a major capital market, Singapore cannot ignore the demands for a dual-class share...
PUBLISHED Dec 1, 2017 05:50 AM

Another warning on property market puts developers on the defensive

THE central bank has joined National Development Minister Lawrence Wong in firing a shot...
PUBLISHED Dec 1, 2017 05:50 AM

Ultimate travel and supertall skyscrapers in BT Weekend

HELI-HIKING in New Zealand's Tasman Glacier. Glamping in Oman. Polar bear-seeking in...
PUBLISHED Dec 1, 2017 05:50 AM

Credit card curbs rein in borrowing binge

THE proportion of leveraged borrowers has fallen following the latest rules to rein in...
PUBLISHED Dec 1, 2017 05:50 AM

More clarity in doctors' fees by next year

BY next year, Singaporeans will have a better sense of actual charges for common surgical...
PUBLISHED Dec 1, 2017 05:50 AM

Analysts stress need for well-implemented fee guidelines for public

THE success of the government-led initiative to set new benchmarks for doctors' fees...
PUBLISHED Dec 1, 2017 05:50 AM

Lower unemployment among PMETs; monthly income of average worker up: MOM

THE light at the end of the tunnel is shining brighter for professionals, managers,...
PUBLISHED Dec 1, 2017 05:50 AM
COMMENTARY

Better to tread with care on dual-class shares

NEARLY two years have passed since the "one share, one vote" restriction in...
PUBLISHED Dec 1, 2017 05:50 AM

PUB to spend S$500m to safeguard against floods

NATIONAL water agency PUB will spend S$500 million over the next two to three years to...
PUBLISHED Dec 1, 2017 05:50 AM

Airlines pile on flights to fly trapped tourists out of Bali

AIRLINES laid on extra flights to the Indonesian holiday island of Bali on Thursday to...
PUBLISHED Dec 1, 2017 05:50 AM

STOCKS

Keppel T&T starts strategic review of logistics portfolio in China

MAINBOARD-LISTED Keppel Telecommunications & Transportation (Keppel T&T) has...
PUBLISHED Dec 1, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Ying Li's RMB3.3b deal: Time for a dividend?

THE deal price might disappoint expectations, but it is just as well that Ying Li...
PUBLISHED Dec 1, 2017 05:50 AM

Court gives nod to Marco Polo's debt revamp schemes

SINGAPORE'S High Court on Thursday sanctioned two schemes of arrangement (SAs) filed...
PUBLISHED Dec 1, 2017 05:50 AM

SPH Reit studying overseas markets such as Australia for future acquisitions

SPH Reit has been "aggressively and actively" looking at acquisition...
PUBLISHED Dec 1, 2017 05:50 AM

S'pore total market cap rises in November

A SURGE of interest in banking stocks and a few initial public offerings have helped...
PUBLISHED Dec 1, 2017 05:50 AM

GLP's shareholders give green light for privatisation

GLOBAL Logistic Properties' (GLP) shareholders voted in favour of Nesta Investment...
PUBLISHED Dec 1, 2017 05:50 AM

GEAR shells out A$68m for 10% in Aussie gold miner

GOLDEN Energy and Resources (GEAR) is plonking some A$67.86 million (S$69.29 million) for...
PUBLISHED Dec 1, 2017 05:50 AM
STOCKS

STI moves sideways as tech stocks swing

CRABS have been unleashed on the Singapore Exchange (SGX). And we're not just...
PUBLISHED Dec 1, 2017 05:50 AM

Brokers' take

We think the GST hike would not happen in the near term but may come after the current...
PUBLISHED Dec 1, 2017 05:50 AM
CURRENCIES

US dollar rebounds off lows on policy hopes

THE dollar climbed on Thursday, moving further away from a two-month low hit earlier this...
PUBLISHED Dec 1, 2017 05:50 AM

Mobius stays the course even as valuations soar

EMERGING market valuations are high relative to history, and tech companies are having a...
PUBLISHED Dec 1, 2017 05:50 AM

Keppel T&T starts strategic review of logistics portfolio in China

MAINBOARD-LISTED Keppel Telecommunications & Transportation (Keppel T&T) has...
PUBLISHED Dec 1, 2017 05:50 AM

Maybank's Q3 profit up 13%

MALAYAN Banking Bhd (Maybank), Malaysia's biggest lender by assets, reported on...
PUBLISHED Dec 1, 2017 05:50 AM

Cromwell European Reit makes a muted start

CROMWELL European Reit (CEReit) closed a bit higher at 0.555 euro in a fairly muted...
PUBLISHED Dec 1, 2017 05:50 AM

Pan Ocean bags US$1.8b contract to transport iron ore

SOUTH Korean bulk carrier Pan Ocean Co has clinched a long-term contract worth around US$...
PUBLISHED Dec 1, 2017 05:50 AM
TRADING DEBUTS

No Signboard closes slightly higher on debut

CATALIST-LISTED No Signboard Holdings closed at 29 Singapore cents on its trading debut...
PUBLISHED Dec 1, 2017 05:50 AM

Corporate digest

CHINA Aviation Oil (Singapore) Corp chief operating officer Jean Teo Lang Lang has quit...
PUBLISHED Dec 1, 2017 05:50 AM

REAL ESTATE

SPH Reit studying overseas markets such as Australia for future acquisitions

SPH Reit has been "aggressively and actively" looking at acquisition...
PUBLISHED Dec 1, 2017 05:50 AM

Holland Rd plot to have dual office-residential use component

THE Urban Redevelopment Authority (URA) is allowing a dual office/residential use...
PUBLISHED Dec 1, 2017 05:50 AM

Unclaimed land in Japan reaches size of Denmark

IN JAPAN'S declining regions, land gets abandoned. The ownership of about 11 per...
PUBLISHED Dec 1, 2017 05:50 AM

HK private home prices hit record high for 12th straight month in October

PRIVATE home prices in Hong Kong edged up for the 12th straight month in October,...
PUBLISHED Dec 1, 2017 05:50 AM

BANKING & FINANCE

Maybank's Q3 profit up 13%

MALAYAN Banking Bhd (Maybank), Malaysia's biggest lender by assets, reported on...
PUBLISHED Dec 1, 2017 05:50 AM

Bubble or brave new world? Bitcoin breaks US$11,000 barrier

BITCOIN surged above US$11,000 for the first time on Wednesday as it extends a...
PUBLISHED Dec 1, 2017 05:50 AM

Nasdaq looking at bitcoin futures: source

NASDAQ Inc is charging into the race to bring bitcoin to a greater swath of investors, as...
PUBLISHED Dec 1, 2017 05:50 AM

Australia to hold banking inquiry to quell public anger

A WIDE-RANGING inquiry into the Australian finance industry will be held after an...
PUBLISHED Dec 1, 2017 05:50 AM

Alibaba sells US$7b bonds

ALIBABA Group Holding sold US$7 billion bonds on Wednesday in a deal that investors...
PUBLISHED Dec 1, 2017 05:50 AM

Credit Suisse targets 50% payout plan as turnaround quickens

CREDIT Suisse Group AG plans to return half its net income to shareholders through...
PUBLISHED Dec 1, 2017 05:50 AM

ENERGY & COMMODITIES

GEAR shells out A$68m for 10% in Aussie gold miner

GOLDEN Energy and Resources (GEAR) is plonking some A$67.86 million (S$69.29 million) for...
PUBLISHED Dec 1, 2017 05:50 AM

Australia's energy-intensive industries brace for possible summer power cuts

SOME of Australia's biggest power users, including mining giant BHP, are taking...
PUBLISHED Dec 1, 2017 05:50 AM

Modern-day gold rush in west Australia

CANADA-based Kirkland Lake Gold listed its shares on the Australia bourse on Thursday,...
PUBLISHED Dec 1, 2017 05:50 AM

Green power too costly, so China cities 'may go back to coal'

SOME northern Chinese cities may switch back to coal from electricity and gas this winter...
PUBLISHED Dec 1, 2017 05:50 AM

How do you advertise to a machine? Big oil seeking answer

THE anticipated proliferation of driverless cars will bring a brand new problem for the...
PUBLISHED Dec 1, 2017 05:50 AM

TECHNOLOGY

Apple, Qualcomm trade new patent-infringement allegations

APPLE alleged on Wednesday in court filings that Qualcomm is using the iPhone maker'...
PUBLISHED Dec 1, 2017 05:50 AM

Amazon focuses on machine learning to beat cloud rivals

AMAZON.COM Inc unveiled new machine-learning tools, including algorithms that automate...
PUBLISHED Dec 1, 2017 05:50 AM

Does Europe have what it takes to create the next Google?

EUROPE is making major strides to eliminate barriers that have held back the region from...
PUBLISHED Dec 1, 2017 05:50 AM

Snapchat's redesign keeps it personal in a bid to fend off rivals

SNAPCHAT on Wednesday unveiled a redesign intended to rev up use of the image-sharing...
PUBLISHED Dec 1, 2017 05:50 AM

Nokia denies reports of talks to buy Juniper Networks

FINNISH network equipment maker Nokia said on Wednesday that it was not in talks to buy...
PUBLISHED Dec 1, 2017 05:50 AM

CONSUMER

Chipotle founder and CEO to exit as investor patience thins

CHIPOTLE Mexican Grill Inc is searching for a turnaround expert to replace founder and...
PUBLISHED Dec 1, 2017 05:50 AM

Backlash grows against new Star Wars video game's loot-box feature

A NEW Star Wars video game is coming under fire for a feature that essentially allows...
PUBLISHED Dec 1, 2017 05:50 AM

Uncovering the long history behind NY restaurant Gallaghers

THE conversation turned to old New York - specifically, old New York restaurants...
PUBLISHED Dec 1, 2017 05:50 AM

TRANSPORT

Court gives nod to Marco Polo's debt revamp schemes

SINGAPORE'S High Court on Thursday sanctioned two schemes of arrangement (SAs) filed...
PUBLISHED Dec 1, 2017 05:50 AM

Keppel T&T starts strategic review of logistics portfolio in China

MAINBOARD-LISTED Keppel Telecommunications & Transportation (Keppel T&T) has...
PUBLISHED Dec 1, 2017 05:50 AM

Uber's use of encrypted messaging raises legal issues

TOP executives at Uber Technologies Inc used the encrypted chat app Wickr to hold secret...
PUBLISHED Dec 1, 2017 05:50 AM

Avis tests fully connected wireless car fleet in Kansas City

AVIS Budget Group Inc said on Thursday it has launched in the Kansas City, Missouri, area...
PUBLISHED Dec 1, 2017 05:50 AM

IT flaw leaves American Airlines with too few pilots

AMERICAN Airlines is rushing to resolve a scheduling fault that gave time off to too many...
PUBLISHED Dec 1, 2017 05:50 AM

Musk to make bid to fund high-speed rail in Chicago

TECHNOLOGY entrepreneur Elon Musk has said that The Boring Company will compete to fund,...
PUBLISHED Dec 1, 2017 05:50 AM

Porsche unveils 'most powerful luxury sedan'

AT the Los Angeles Car Show on Wednesday, Porsche unveiled one of the most powerful...
PUBLISHED Dec 1, 2017 05:50 AM

GOVERNMENT & ECONOMY

Opec signals oil supply cuts will be extended until end of 2018

OPEC'S largest producers signalled they would extend their oil production cuts until...
PUBLISHED Dec 1, 2017 05:50 AM
LATEST US DATA

Consumer spending in October cools while inflation is picking up

US consumer spending settled back in October to a still-decent pace after the biggest...
PUBLISHED Dec 1, 2017 05:50 AM

China's Nov factory growth unexpectedly picks up despite pollution crackdown

GROWTH in China's manufacturing sector unexpectedly picked up in November, despite a...
PUBLISHED Dec 1, 2017 05:50 AM

Fed backs case to lift US growth potential from tax change boost

OUTGOING Federal Reserve chair Janet Yellen said the central bank would welcome and...
PUBLISHED Dec 1, 2017 05:50 AM

India posts stronger growth as businesses adjust to new tax

INDIA'S economic growth rebounded in the three months ending in September, halting a...
PUBLISHED Dec 1, 2017 05:50 AM

DINING OUT

A cut above the ordinary

SO, let's get this straight...
PUBLISHED Dec 1, 2017 05:50 AM

SME

A night to remember for Singapore's top enterprises

THE local business community came dressed to the nines at the Enterprise 50 (E50) Awards...
PUBLISHED Dec 1, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Ying Li's RMB3.3b deal: Time for a dividend?

THE deal price might disappoint expectations, but it is just as well that Ying Li...
PUBLISHED Dec 1, 2017 05:50 AM

Customer service evolves through the generations

"I'm sorry you experienced this problem. Your feedback is greatly valued, and...
PUBLISHED Dec 1, 2017 05:50 AM
EDITORIAL

Ezion's refinancing illustrates the value of engaging stakeholders

LAST week's announcement by offshore and marine (O&M) firm Ezion Holdings that...
PUBLISHED Dec 1, 2017 05:50 AM
THE BOTTOM LINE

India needs looser fiscal policy to boost growth

IN 2014, the year Narendra Modi became prime minister of India, the country enjoyed gross...
PUBLISHED Dec 1, 2017 05:50 AM

Tourism needs more 'cultural immersion'

SUSTAINABILITY is embracing tourism in important new ways. Global discussion is expanding...
PUBLISHED Dec 1, 2017 05:50 AM

Why PR needs to be done differently for startups

I OFTEN meet founders and the conversation on public relations (PR) often starts off on...
PUBLISHED Dec 1, 2017 05:50 AM

Let our 13-year-old child have her own credit card

WE CAN all agree that good habits, formed early in life, help improve many types of...
PUBLISHED Dec 1, 2017 05:50 AM

Lifestyle

A cut above the ordinary

SO, let's get this straight...
PUBLISHED Dec 1, 2017 05:50 AM

French hospital auctions off good wines for charity

A UNIQUE annual event took place on Nov 19 in the heart of Burgundy, Beaune.
PUBLISHED Dec 1, 2017 05:50 AM

Funny, fast-paced, free-wheeling

WHEN Glen Goei and Ivan Heng first appeared on stage, cross-dressed to the nines and...
PUBLISHED Dec 1, 2017 05:50 AM

Murder On The Orient Express evokes old-fashioned charm

THERE are roughly two billion Agatha Christie books in print, so it stands to reason that...
PUBLISHED Dec 1, 2017 05:50 AM

122 to play in 12-hour piano marathon

STEINWAY Gallery Singapore is holding its first piano marathon in aid of The Business...
PUBLISHED Dec 1, 2017 05:50 AM

Lighting up SGIFF with star power

SINGAPOREANS saw plenty of stars throughout the week as the 28th Singapore International...
PUBLISHED Dec 1, 2017 05:50 AM

More original content from HBO Asia in the pipeline

COUCH potatoes have even more reason to stay in: HBO Asia unveiled six new projects that...
PUBLISHED Dec 1, 2017 05:50 AM
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