Wednesday, Feb 07, 2018

TOP STORIES

BT EXCLUSIVE

EDB moves from being investment-led to innovation-driven

ONE of Singapore's oldest government agencies is reinventing the way it does things...
PUBLISHED Feb 7, 2018 05:50 AM

Markets stay stoic as volatility rocks stocks

THE rude return of market volatility is no reason to trade dollars for cowrie shells in a...
PUBLISHED Feb 7, 2018 05:50 AM

Pacific Mansion seeks S$938m en bloc price

THE owners of Pacific Mansion have put the River Valley condominium up for public tender...
PUBLISHED Feb 7, 2018 05:50 AM
COMMENTARY

Time to moderate stock expectations

THE bull-run which saw stock markets post exceptional gains last year continued in...
PUBLISHED Feb 7, 2018 05:50 AM
COMMENTARY

SGX-Bursa link: Start of a pan-Asean bourse?

WHAT took them so long?
PUBLISHED Feb 7, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Asia-Pac will need 14,450 planes worth US$2.3t over next 20 years

The Asia-Pacific will need some 14,450 new planes valued at US$2.3 trillion over the next...
PUBLISHED Feb 7, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

JTC inks MOUs on Seletar Aerospace Park with GE Aviation, Hawker Pacific, PPG

NATIONAL industrial-estate developer JTC signed a series of memoranda of understanding...
PUBLISHED Feb 7, 2018 05:50 AM
PARLIAMENT

Govt has not ruled out other ways to fund T5, says Indranee

THE Singapore government is still looking for the optimal way to pay for Changi Airport...
PUBLISHED Feb 7, 2018 05:50 AM

Doc and HealthServe win Singaporean of the Year award

A GENERAL practitioner and the healthcare charity he co-founded are the recipients of The...
PUBLISHED Feb 7, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Does Noble have a future post-debt revamp?

NOBLE Group's debt restructuring proposal has ruffled many feathers. A majority...
PUBLISHED Feb 7, 2018 05:50 AM

Del Monte Pacific to list unit on Philippine exchange

DEL Monte Pacific Limited (DMPL) is planning to list its wholly owned Philippine...
PUBLISHED Feb 7, 2018 05:50 AM
STOCKS

STI tumbles after Wall Street's record fall

SINGAPORE shares, together with their Asian peers, tumbled on Tuesday, a day after the...
PUBLISHED Feb 7, 2018 05:50 AM

Brokers' take

We believe the market is concerned that rising interest rates may lead to a search for...
PUBLISHED Feb 7, 2018 05:50 AM
CURRENCIES

Currency market gyrations far less pronounced

CURRENCY markets showed far less of the panic movements gripping equities on Tuesday,...
PUBLISHED Feb 7, 2018 05:50 AM

Manulife US Reit aims to double AUM in 2 years

MANULIFE US Reit is looking to double its assets under management (AUM) to US$2.6 billion...
PUBLISHED Feb 7, 2018 05:50 AM

Yoma's Q3 profit surges to S$16.8m after tour business spin-off

MAINBOARD-LISTED Yoma Strategic Holdings on Tuesday announced a third-quarter net profit...
PUBLISHED Feb 7, 2018 05:50 AM

Capital World posts Q2 net profit of RM17.4m

MALAYSIAN property developer Capital World posted a net profit of RM17.4 million (S$5.9...
PUBLISHED Feb 7, 2018 05:50 AM

Ellipsiz records big jump in Q2 profit

SEMICONDUCTOR equipment provider Ellipsiz reported a sizeable leap in its net income for...
PUBLISHED Feb 7, 2018 05:50 AM

Corporate digest

A PRIVATE placement for Ascendas India Trust (a-iTrust) has been oversubscribed, said its...
PUBLISHED Feb 7, 2018 05:50 AM

REAL ESTATE

PARLIAMENT

Safeguards already in place against en bloc sale of newer projects

THE en bloc fever got an airing in Parliament on Tuesday, with a member of parliament (MP...
PUBLISHED Feb 7, 2018 05:50 AM
PARLIAMENT

Scope for short-term private home rentals in Singapore: Lawrence Wong

THERE is some scope to allow short-term accommodations in Singapore that are subject to...
PUBLISHED Feb 7, 2018 05:50 AM

3,664 flats for sale in 2018's first BTO exercise

THE Housing and Development Board (HDB) on Tuesday launched 3,664 Built-To-Order (BTO)...
PUBLISHED Feb 7, 2018 05:50 AM

BANKING & FINANCE

Tighter control of cryptocurrencies needed: BIS

THE Bank for International Settlements (BIS) has issued a stark warning to central...
PUBLISHED Feb 7, 2018 05:50 AM

BNP sees profitability exceeding target as growth takes hold

BNP Paribas SA is signalling it's possible for a big European bank to reap the...
PUBLISHED Feb 7, 2018 05:50 AM

Bitcoin drops below US$6,000 for first time in 3 months

BITCOIN plunged more than 20 per cent to fall below US$6,000 on Tuesday, its latest sharp...
PUBLISHED Feb 7, 2018 05:50 AM

ENERGY & COMMODITIES

Saudi Arabia plots shift to renewable energy

LIFE in Saudi Arabia has long been defined by the oil that flows from the kingdom. Over...
PUBLISHED Feb 7, 2018 05:50 AM

BP profit rises with oil prices

BRITISH energy major BP said on Tuesday that 2017 net profits rocketed to almost US$3.4...
PUBLISHED Feb 7, 2018 05:50 AM

China's coke and coking coal futures defy global market rout

STEELMAKING commodity coke surged to a six-week high in China on Tuesday, and steel and...
PUBLISHED Feb 7, 2018 05:50 AM

US needs incentives to attract foreign solar firms: China's Longi

THE United States will need to offer incentives to attract foreign solar firms to invest...
PUBLISHED Feb 7, 2018 05:50 AM

Gold rises as equity sell-off spurs safe-haven buying

GOLD prices rose on Tuesday as a rout in global equities prompted investors to seek...
PUBLISHED Feb 7, 2018 05:50 AM

TECHNOLOGY

N Korean hackers could be behind US$530m digital coin theft in Japan

SOUTH Korea's intelligence agency told lawmakers that North Korean hackers could...
PUBLISHED Feb 7, 2018 05:50 AM

Samsung heir's release raises hackles along with hopes

SAMSUNG Group heir Jay Y Lee's release from jail on bribery charges has some in...
PUBLISHED Feb 7, 2018 05:50 AM

Zuckerberg acknowledges 'mistakes' as Facebook turns 14

MARK Zuckerberg offered fresh self-criticism on Monday, acknowledging making numerous...
PUBLISHED Feb 7, 2018 05:50 AM

Outdated crime fighting tools in US result in unreported 'iceberg' of cybercrimes

UTAH'S chief law enforcement officer was deep in the fight against opioids when he...
PUBLISHED Feb 7, 2018 05:50 AM

CONSUMER

Saks owner Hudson's Bay hires CVS Health executive as CEO

HUDSON'S Bay, the owner of Saks Fifth Avenue and Lord & Taylor, has hired a top...
PUBLISHED Feb 7, 2018 05:50 AM

Lululemon seeks new leader after CEO's misconduct leads to exit

LAURENT Potdevin, who ran Lululemon Athletica Inc for four years and brought a passion...
PUBLISHED Feb 7, 2018 05:50 AM

Australian retail sales dim in December, but Q4 is bright

AUSTRALIAN retail sales eased more than expected in December after a barnstorming couple...
PUBLISHED Feb 7, 2018 05:50 AM

Rising food prices continue to inflate sales growth in UK

BRITAIN's shoppers carried on spending more on food in January, reflecting the rise...
PUBLISHED Feb 7, 2018 05:50 AM

TRANSPORT

STRAIT TALK

Better news on piracy, but hold the yo-ho-ho

THERE have been two items of good news about the global fight against piracy recently...
PUBLISHED Feb 7, 2018 05:50 AM

Nissan to launch new electric vehicle model from April

JAPANESE car maker Nissan will be launching a new version of one of its electric vehicle...
PUBLISHED Feb 7, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Airbus, Boeing vying for US$8.5b Vistara order: sources

VISTARA, the Indian affiliate of Singapore Airlines, is in talks with Airbus and Boeing...
PUBLISHED Feb 7, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Pratt & Whitney receives string of turbofan orders

AIRLINES and aircraft leasing companies, including BOC Aviation and Swiss International...
PUBLISHED Feb 7, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Short hops

BELL Helicopter announced a purchase agreement with the Philippine Department of National...
PUBLISHED Feb 7, 2018 05:50 AM

GOVERNMENT & ECONOMY

LATEST US DATA

2017 trade deficit hits 10-year high of US$566b

THE US trade deficit widened more than expected in December, hitting its highest level...
PUBLISHED Feb 7, 2018 05:50 AM

China needs pension system overhaul as it struggles with shortfall

CHINA'S pension shortfall is emerging as the next big challenge for policymakers as...
PUBLISHED Feb 7, 2018 05:50 AM

Indian government, RBI to discuss bond yield surge at borrowing meeting

INDIA'S finance ministry will raise its concerns about the sharp rise in market bond...
PUBLISHED Feb 7, 2018 05:50 AM

New pay deal sets bar for rest of German workers

A HARD-FOUGHT deal on pay and working hours for industrial employees in south-west...
PUBLISHED Feb 7, 2018 05:50 AM

LIFE & CULTURE

TAKING HEART

Spreading festive cheer through healthier food packs

FOR breadwinner Vimaladelvi D/O Lochumuman, undergoing a ligament surgery and being out...
PUBLISHED Feb 7, 2018 05:50 AM
TAKING HEART

Powering up CNY efforts with SP Group

IN THE lead up to Chinese New Year (CNY), households spend much time committing to spring...
PUBLISHED Feb 7, 2018 05:50 AM

EXECUTIVE MONEY

Frauds and flaws rise to surface as bitcoin bubble deflates

YOU did not have to be a technophobe to worry that the virtual-currency boom of the past...
PUBLISHED Feb 7, 2018 05:50 AM

Why the stock market drop is less scary than it seems

IF measured by news headlines, you might assume these are dire times in the financial...
PUBLISHED Feb 7, 2018 05:50 AM

OPINION

Our future depends on the digitally skilled

THE theme for this year's World Economic Forum (WEF) meeting was "Creating a...
PUBLISHED Feb 7, 2018 05:50 AM
THE BOTTOM LINE

Has Trumphoria finally hit a wall?

When talking about stock markets, there are three rules you have to remember. First, the...
PUBLISHED Feb 7, 2018 05:50 AM
EDITORIAL

India's Budget woos voters with big healthcare plan

THE 2018 Budget presented by Indian Prime Minister Narendra Modi's government on Feb...
PUBLISHED Feb 7, 2018 05:50 AM

Datapulse Technology playing YOYO with disclosure-based regime

A more apt name for our disclosure-based regime may be YOYO or You're On Your Own...
PUBLISHED Feb 7, 2018 05:50 AM
COMMENTARY

Italy and Singapore: 52 years of friendship, and counting

THE ties of friendship between Italy and Singapore are strong and long-lasting.
PUBLISHED Feb 7, 2018 05:50 AM

BREAKING NEWS

Apr 20, 2018 01:02 PM

China's ZTE slams US ban on sales, says company's survival at risk

[HONG KONG] China's ZTE Corp said on Friday that a US ban on the sale of parts and software to the company was...
Apr 20, 2018 12:38 PM

Japanese companies see big things in small-scale industrial robots

[TOKYO] A two-armed robot in a Japanese factory carefully stacks rice balls in a box, which a worker carries off for...
Apr 20, 2018 12:30 PM

Singapore casinos will face greater global competition, disruption, says minister

GIVEN the increasingly complex gaming landscape in Singapore, there is a need to consider greater consolidation of...
Apr 20, 2018 12:11 PM

Australia: Shares lose steam as materials retreat; New Zealand down

[BENGALURU] Australian shares eased on Friday as the recent commodity prices rally paused for breath, while a weak...
Apr 20, 2018 11:49 AM

The 5 fastest-growing 'green jobs' in Singapore identified

AHEAD of Earth Day on Apr 22, job search site Indeed.com has identified the five fastest growing "green jobs...
Apr 20, 2018 11:47 AM

Asia: Markets fall in line with Wall St as tech firms take a hit

[HONG KONG] Asian markets mostly fell on Friday as investors struggled to maintain the previous day's positive...
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