Tuesday, Dec 05, 2017

TOP STORIES

BT EXCLUSIVE

Singapore fund investors paying above median fees: report

COMPARED to their global peers, investors in Singapore are paying higher-than-average...
PUBLISHED Dec 5, 2017 05:50 AM

Plans for more transparent Sibor seen benefiting borrowers

PROPOSALS to reform Sibor, the Singapore interbank offered rate used by banks to price...
PUBLISHED Dec 5, 2017 05:50 AM

Maersk cements lead in container shipping

MAERSK Line's 3.7 billion euro (S$5.5 billion) acquisition of Hamburg Sud is...
PUBLISHED Dec 5, 2017 05:50 AM

Hamburg Sud gives Maersk quantum leap in Latin America, Oceania growth

DANISH shipping giant Maersk Line is eyeing a quantum leap in growth in Latin America and...
PUBLISHED Dec 5, 2017 05:50 AM

US tax cuts seen giving modest growth boost: Survey

FISCAL stimulus, including large Republican-backed tax cuts, will deliver a modest boost...
PUBLISHED Dec 5, 2017 05:50 AM

Manufacturing expands for 15th straight month

FACTORY activity in Singapore continued to expand at a brisk pace in November, rising for...
PUBLISHED Dec 5, 2017 05:50 AM

Rare prime-area shophouse portfolio for sale

A PORTFOLIO of nine conservation shophouses and a commercial building in District 1 near...
PUBLISHED Dec 5, 2017 05:50 AM

70-year-old woman behind Keppel Club membership scam pleads guilty

A 70-YEAR-OLD woman accused of being the mastermind behind a S$37.5 million scam that...
PUBLISHED Dec 5, 2017 05:50 AM

Winklevoss twins become world's first bitcoin billionaires

TYLER and Cameron Winklevoss - the Harvard University rowing twins who famously sued Mark...
PUBLISHED Dec 5, 2017 05:50 AM

STOCKS

BIS joins chorus saying stock valuations looking 'frothy', particularly in US

THE Bank for International Settlements added its voice to institutions questioning...
PUBLISHED Dec 5, 2017 05:50 AM

Share buyback value up 74% in November

SHARE buyback volume and value bounced back in November, after hitting a trough in...
PUBLISHED Dec 5, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

ACS and Big Data ethics - when the best is yet to be

TO extrapolate how far banks and other financial institutions could go with Big Data, one...
PUBLISHED Dec 5, 2017 05:50 AM

Singtel, Mobike to explore use of technology to locate bicycles here and in other Singtel markets

USERS of Mobike bicycles may be able to locate the firm's orange bicycles with...
PUBLISHED Dec 5, 2017 05:50 AM

New S$42.4m Singtel-NTU lab set up to develop, commercialise digital tech

TELCO Singtel and Nanyang Technological University (NTU) have set up a S$42.4 million...
PUBLISHED Dec 5, 2017 05:50 AM

BIS joins chorus saying stock valuations looking 'frothy', particularly in US

THE Bank for International Settlements added its voice to institutions questioning...
PUBLISHED Dec 5, 2017 05:50 AM

AsiaPhos seeking amicable settlement with Sichuan province on mining ops

PHOSPHATE mining company AsiaPhos has met officials from the Sichuan Provincial People...
PUBLISHED Dec 5, 2017 05:50 AM

Share buyback value up 74% in November

SHARE buyback volume and value bounced back in November, after hitting a trough in...
PUBLISHED Dec 5, 2017 05:50 AM

Corporate digest

NEW Silkroutes Group called for a trading suspension before the market opened on Monday.
PUBLISHED Dec 5, 2017 05:50 AM

Rio Tinto appoints new chairman; will continue with 'value over volume' strategy

GLOBAL miner Rio Tinto signalled on Monday that it will stick with its "value over...
PUBLISHED Dec 5, 2017 05:50 AM
STOCKS

US probe jitters weigh on S'pore shares

THE volatility perpetuated by US President Donald Trump is back and this time Asian...
PUBLISHED Dec 5, 2017 05:50 AM

Brokers' take

Our target price remains unchanged at S$2.10, pegged to 1.6 times 2019 forecast price to...
PUBLISHED Dec 5, 2017 05:50 AM
CURRENCIES

US dollar breaks 3-day losing streak

THE dollar broke a three-day losing streak on Monday after the US Senate approved a major...
PUBLISHED Dec 5, 2017 05:50 AM

REAL ESTATE

URA to launch tender for West Coast Vale reserve list site

THE Urban Redevelopment Authority (URA) has accepted an application from a developer to...
PUBLISHED Dec 5, 2017 05:50 AM

Mori bets on luxury condo demand in Tokyo

MORI Building Co has started work on a luxury residential development in Tokyo that will...
PUBLISHED Dec 5, 2017 05:50 AM

Wanda founder to buy majority stake in Wanda Hotel

DALIAN Wanda group's billionaire founder Wang Jianlin has agreed to buy a majority...
PUBLISHED Dec 5, 2017 05:50 AM

BANKING & FINANCE

HOCK LOCK SIEW

ACS and Big Data ethics - when the best is yet to be

TO extrapolate how far banks and other financial institutions could go with Big Data, one...
PUBLISHED Dec 5, 2017 05:50 AM

Bitcoin now bigger than Buffett, Boeing, NZ economy

BITCOIN'S extraordinary price surge means its market capitalisation now exceeds the...
PUBLISHED Dec 5, 2017 05:50 AM

Chinese micro-lender to delay US IPO pricing: source

CHINESE consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq...
PUBLISHED Dec 5, 2017 05:50 AM

Funding costs rise for Asian banks, signalling possible end to ultra-easy money

IT has been a borrower's market for a long time, in Asian syndicated loans as in the...
PUBLISHED Dec 5, 2017 05:50 AM

Indosuez completes acquisition of CIC's private banking business in S'pore, HK

INDOSUEZ Wealth Management, the private banking arm of France's second-largest bank...
PUBLISHED Dec 5, 2017 05:50 AM

Australia dollar propped up by solid data; New Zealand dollar slips

THE Australian dollar held above a recent two-week trough on Monday, helped by a solid...
PUBLISHED Dec 5, 2017 05:50 AM

China's Hellobike raises US$350m in latest funding round

CHINESE bicycle-sharing firm Hellobike said on Monday that it raised US$350 million in...
PUBLISHED Dec 5, 2017 05:50 AM

HNA's units are on a borrowing spree even as costs rise

UNITS of HNA Group are stepping up fundraising in the local bond market even as borrowing...
PUBLISHED Dec 5, 2017 05:50 AM

ENERGY & COMMODITIES

Rio Tinto appoints new chairman; will continue with 'value over volume' strategy

GLOBAL miner Rio Tinto signalled on Monday that it will stick with its "value over...
PUBLISHED Dec 5, 2017 05:50 AM

Citi bullish on commodities but warns of risks

THERE'S much to encourage commodity investors in 2018, if they can keep a wary eye...
PUBLISHED Dec 5, 2017 05:50 AM

Big Shale to focus on spending discipline, not on lifting output

DON'T expect Big Shale to rush and fill the hole left by Opec in the oil market...
PUBLISHED Dec 5, 2017 05:50 AM

China steel, iron ore futures hit highs as mills cut output

CHINESE iron ore and steel futures surged to three-month highs on Monday as the...
PUBLISHED Dec 5, 2017 05:50 AM

US probe raises doubts about weights on energy pipelines

A US regulator's preliminary investigation into the biggest oil pipeline spill this...
PUBLISHED Dec 5, 2017 05:50 AM

TECHNOLOGY

HOCK LOCK SIEW

ACS and Big Data ethics - when the best is yet to be

TO extrapolate how far banks and other financial institutions could go with Big Data, one...
PUBLISHED Dec 5, 2017 05:50 AM

A US$43m public high school on Oracle's Campus

TECH companies ship all kinds of products to public schools: laptops, online writing...
PUBLISHED Dec 5, 2017 05:50 AM

Australia to probe Facebook, Google over media disruption

AUSTRALIA'S competition regulator said on Monday that it would investigate whether...
PUBLISHED Dec 5, 2017 05:50 AM

Online flea market startup sold for 7b yen

YUSUKE Mitsumoto had a hunch: what if you paid people instantly for their used goods over...
PUBLISHED Dec 5, 2017 05:50 AM

CONSUMER

CVS to buy Aetna for US$67.5b, remaking US healthcare sector

CVS Health Corp will buy Aetna Inc for about US$67.5 billion, creating a healthcare giant...
PUBLISHED Dec 5, 2017 05:50 AM

Singapore 'streaming pirates' get in the crosshairs of Hollywood lobbyists

SINGAPORE, which prides itself on being a haven for law and order, is being called a...
PUBLISHED Dec 5, 2017 05:50 AM

Philippines orders probe into Sanofi dengue vaccine for 730,000 children

THE Philippines ordered a probe on Monday into the immunisation of more than 730,000...
PUBLISHED Dec 5, 2017 05:50 AM

TRANSPORT

China's Hellobike raises US$350m in latest funding round

CHINESE bicycle-sharing firm Hellobike said on Monday that it raised US$350 million in...
PUBLISHED Dec 5, 2017 05:50 AM

Uber joins forces with global public transport association

RIDE-HAILING app Uber said on Monday that it was joining a global public transport...
PUBLISHED Dec 5, 2017 05:50 AM

BlueSG's electric car-sharing scheme to start on Dec 12

AFTER years in the planning and a number of delays, the first fleet of electric cars for...
PUBLISHED Dec 5, 2017 05:50 AM

Fiat Chrysler plans hydrogen engine partnership with Hyundai

FIAT Chrysler Automobiles (FCA) revealed that it's in talks with South Korea's...
PUBLISHED Dec 5, 2017 05:50 AM

HNA's units are on a borrowing spree even as costs rise

UNITS of HNA Group are stepping up fundraising in the local bond market even as borrowing...
PUBLISHED Dec 5, 2017 05:50 AM

Mercedes seen clinching top spot again for US luxury sales

WITH just a month left to go, Daimler AG's Mercedes-Benz has all but clinched...
PUBLISHED Dec 5, 2017 05:50 AM

GOVERNMENT & ECONOMY

UK agrees to 'regulatory alignment' on Irish border after Brexit

BRITAIN agreed on Monday to keep Northern Ireland in "regulatory alignment"...
PUBLISHED Dec 5, 2017 05:50 AM

Jakarta seeking private money to help fund expansion

THE newly installed government of Jakarta Governor Anies Baswedan is considering a...
PUBLISHED Dec 5, 2017 05:50 AM

LIFE & CULTURE

Star Wars sisters hail girl-powered galaxy

CARRIE Fisher's death caused a huge disturbance in the Force, but the women of The...
PUBLISHED Dec 5, 2017 05:50 AM

Woods completes fine comeback as red-hot Fowler wins Bahamas event

TIGER Woods capped his return to competition with a fine four-under-par 68 on Sunday as...
PUBLISHED Dec 5, 2017 05:50 AM

SME

How Singapore SMEs can avoid the pitfalls of social media

PEOPLE'S attention will always follow the quality of content. As business leaders...
PUBLISHED Dec 5, 2017 05:50 AM

To digitalise, or not to digitalise: That is not the question

BUSINESSES today stand at the cusp of what is being identified as the Fourth Industrial...
PUBLISHED Dec 5, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

ACS and Big Data ethics - when the best is yet to be

TO extrapolate how far banks and other financial institutions could go with Big Data, one...
PUBLISHED Dec 5, 2017 05:50 AM

140 years on, HSBC plants new roots

ON this day 140 years ago, HSBC opened its doors in Singapore. The decision to do so for...
PUBLISHED Dec 5, 2017 05:50 AM
THE BOTTOM LINE

Why Europe has differences over Brexit

PRIME Minister Theresa May meets in London on Tuesday with her Spanish counterpart...
PUBLISHED Dec 5, 2017 05:50 AM
EDITORIAL

Tighter sanctions unlikely to defuse tensions on Korean peninsula

US President Donald Trump's strategy of ever tighter sanctions on North Korea to...
PUBLISHED Dec 5, 2017 05:50 AM

So what about America's 'forgotten men and women'?

A YEAR after the 2016 presidential election, it has become clear to almost everyone why...
PUBLISHED Dec 5, 2017 05:50 AM

Ensuring S'pore's construction industry reaches for the sky

AS one of the key pillars to Singapore's growth and development, the construction...
PUBLISHED Dec 5, 2017 05:50 AM

High time for the Smart Nation to dive into Startup Nation

EARLIER this year, the Global Startup Ecosystem Report and Ranking 2017 by Startup Genome...
PUBLISHED Dec 5, 2017 05:50 AM
sentifi.com

TOP 10 TALKED ABOUT: