Tuesday, Feb 13, 2018

TOP STORIES

FESTIVE SALES

This Chinese New Year, delivery startups keep tradition alive

RETAIL sales excluding motor vehicles inched up just 0.6 per cent in December, but...
PUBLISHED Feb 13, 2018 05:50 AM

More growth expected in tourism this year after a bumper 2017

AFTER yet another milestone year in 2017, the Singapore Tourism Board (STB) is betting on...
PUBLISHED Feb 13, 2018 05:50 AM
COMMENTARY

India's move to stop trading of Indian indices abroad a slap to SGX's face

IT is definitely not a nice way for India to treat the Singapore Exchange (SGX), its key...
PUBLISHED Feb 13, 2018 05:50 AM

S$25m LTA fund to boost mobility-linked research and trials

THE Land Transport Authority (LTA) will set aside S$25 million over five years to kick-...
PUBLISHED Feb 13, 2018 05:50 AM

Cars, tech products lift December retail sales

SURGING car sales as well as a brisk trade in mobile devices helped the retail sector end...
PUBLISHED Feb 13, 2018 05:50 AM

URA trying to harmonise rules for property developers: analysts

THE Urban Redevelopment Authority (URA) is seeking public feedback on the changes it...
PUBLISHED Feb 13, 2018 05:50 AM

European firms form consortium to bid for high-speed railway

AS plans for a high-speed rail (HSR) link between Kuala Lumpur and Singapore become more...
PUBLISHED Feb 13, 2018 05:50 AM

Pence says US ready to talk with North Korea in policy shift

THE US is ready to engage in talks about North Korea's nuclear programme even as it...
PUBLISHED Feb 13, 2018 05:50 AM

Three new judicial commissioners of High Court appointed

PRESIDENT Halimah Yacob has appointed Tan Puay Boon, Mavis Chionh and Ang Cheng Hock as...
PUBLISHED Feb 13, 2018 05:50 AM
OPINION

Smart regulation of cryptocurrencies needed in Hong Kong and Singapore

FEW dispute that Asia will be the world's engine for economic growth and innovation...
PUBLISHED Feb 13, 2018 05:50 AM

STOCKS

STOCKS

Banks keep STI in positive territory

LAST week's market correction threw traders worldwide into a tizzy, but the local...
PUBLISHED Feb 13, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Punting on O&M recovery is foolhardy before solid research

MOST offshore and marine (O&M)-related counters took a beating along with a broad-...
PUBLISHED Feb 13, 2018 05:50 AM
HOT STOCK

SGX down 7.4% on Nifty futures doubts; brokers maintain ratings

ANALYSTS kept their ratings on Singapore Exchange (SGX) unchanged on Monday as the stock...
PUBLISHED Feb 13, 2018 05:50 AM

Vallianz posts 26.2% boost in Q3 on higher operating profits

HIGHER operating profits helped boost third-quarter earnings at Vallianz Holdings by 26.2...
PUBLISHED Feb 13, 2018 05:50 AM

HMI posts stronger Q2 profit of RM15.72m; issues interim dividend

PRIVATE healthcare provider Health Management International's second quarter net...
PUBLISHED Feb 13, 2018 05:50 AM

Metro's Q3 profit soars to S$146.6m

METRO Holdings reported on Monday a steep increase in net profit for the third quarter...
PUBLISHED Feb 13, 2018 05:50 AM

ECICS gets credit rating downgrades from AM Best

RATING agency AM Best has downgraded the financial strength rating for ECICS (Singapore)...
PUBLISHED Feb 13, 2018 05:50 AM

GSH buying 50% stake in prime Jalan Petaling plot

PROPERTY developer GSH Corporation is investing RM164.5 million (S$55.2 million) to...
PUBLISHED Feb 13, 2018 05:50 AM

Lower profit margins take a toll on OKP's Q4 earnings

INFRASTRUCTURE and civil engineering company OKP Holdings posted a 75 per cent fall in...
PUBLISHED Feb 13, 2018 05:50 AM

Corporate digest

THE bus and train operator posted a 50.3 per cent rise in net earnings to S$47.1 million...
PUBLISHED Feb 13, 2018 05:50 AM

Brokers' take

For at least the next few days, we expect much of the price movements within the space to...
PUBLISHED Feb 13, 2018 05:50 AM
CURRENCIES

Euro pushback ends US dollar recovery

THE euro edged higher on Monday and the dollar fell back, as a strong start to the week...
PUBLISHED Feb 13, 2018 05:50 AM

REAL ESTATE

Surbana Jurong inks deal to develop New Clark City

SURBANA Jurong has inked a memorandum of cooperation with Bases Conversion and...
PUBLISHED Feb 13, 2018 05:50 AM

World's tallest hotel opens in Dubai

GULF metropolis Dubai, on its never-ending quest to break records, announced the opening...
PUBLISHED Feb 13, 2018 05:50 AM

China property outbound investment expected to drop by up to 40%

OVERSEAS property investments by Chinese institutions are expected to drop by 30-40 per...
PUBLISHED Feb 13, 2018 05:50 AM

Mumbai's hope lies in docklands' inclusive revival

IT was a trip few Mumbai residents had made before - to a smelly dock on murky waters in...
PUBLISHED Feb 13, 2018 05:50 AM

BANKING & FINANCE

Coincheck theft exposes flaws in Japan's rules governing crypto coins

AFTER the Mt Gox cryptocurrency exchange was stung by a half-billion-dollar theft in 2014...
PUBLISHED Feb 13, 2018 05:50 AM

UBS increases bonus pool for Asia-Pacific investment bankers by 6%: sources

UBS Group boosted the 2017 bonus pool for its investment bankers in the Asia-Pacific...
PUBLISHED Feb 13, 2018 05:50 AM

Chinese stock investors complain about losses on US embassy Weibo account

CHINESE investors flooded a social media account of the US embassy in Beijing with...
PUBLISHED Feb 13, 2018 05:50 AM

ENERGY & COMMODITIES

Asia's economic growth boosts diesel demand in the region

OIL investors rattled by the threat of US output can find some cheer from diesel demand...
PUBLISHED Feb 13, 2018 05:50 AM

Schneider Electric, Ikea tap solar power in Singapore

FRENCH energy management company Schneider Electric and Swedish furniture group Ikea...
PUBLISHED Feb 13, 2018 05:50 AM

Smog in major China regions worsened in January

THE Yangtze River delta region near Shanghai saw a key measure of smog concentrations...
PUBLISHED Feb 13, 2018 05:50 AM

Rail fight threatens coal giants' Australian exports

AUSTRALIA'S top coal hauler, Aurizon Holdings Ltd, is on course for a showdown with...
PUBLISHED Feb 13, 2018 05:50 AM

TECHNOLOGY

Amazon focuses on chips with Blink acquisition

AMAZON.COM Inc paid about US$90 million to acquire the maker of Blink home security...
PUBLISHED Feb 13, 2018 05:50 AM

Facial recognition works best if you're a white guy

FACIAL recognition technology is improving by leaps and bounds. Some commercial software...
PUBLISHED Feb 13, 2018 05:50 AM

CONSUMER

Valentine's Day roses save Colombians in thorny situation

VALENTINE'S Day is a crazy rush for Colombia, one of the biggest flower exporters in...
PUBLISHED Feb 13, 2018 05:50 AM

Queen Elizabeth is behind a royal push to cut plastic waste

QUEEN Elizabeth has long expressed admiration for David Attenborough, an environmentalist...
PUBLISHED Feb 13, 2018 05:50 AM

Heineken cheers rising profits in 2017

DUTCH brewing giant Heineken said on Monday that profits jumped by a quarter in 2017,...
PUBLISHED Feb 13, 2018 05:50 AM

TRANSPORT

Hyundai throws weight behind ride-sharing firms

AS Google's Waymo, General Motors Co and others race to bring driverless cars to...
PUBLISHED Feb 13, 2018 05:50 AM

Rail travel on the rise as Chinese take trains in annual pilgrimage home

MILLIONS of Chinese cram onto trains to make the annual pilgrimage home for the Chinese...
PUBLISHED Feb 13, 2018 05:50 AM

Ford revs up large SUV production to boost margins, challenge GM

FORD Motor Co said on Monday that it will boost production targets for two large sport...
PUBLISHED Feb 13, 2018 05:50 AM

GOVERNMENT & ECONOMY

Indonesia's new cybersecurity head has rough start as polls loom

IT'S been a fairly rough start for Indonesia's new cybersecurity chief, Djoko...
PUBLISHED Feb 13, 2018 05:50 AM

Nafta's red tape fight hits snag as business group sounds alarm

THE US, Canada and Mexico are at odds over a proposal to beef up Nafta's powers to...
PUBLISHED Feb 13, 2018 05:50 AM

French companies lack qualified staff despite 3.5m jobless

FIGEAC-AERO has a problem that says a lot about the French economy: the Airbus supplier...
PUBLISHED Feb 13, 2018 05:50 AM

LIFE & CULTURE

Sochi misstep lifts Canada to Olympic gold

CANADA'S ice dance star Scott Moir said Monday's Olympic figure-skating team...
PUBLISHED Feb 13, 2018 05:50 AM

No need to burn midnight oil at this 'Harvard' for horror

A FIGMENT of HP Lovecraft's wicked imagination, Miskatonic University is the Harvard...
PUBLISHED Feb 13, 2018 05:50 AM

Composer Jóhann Jóhannsson dies at 48

THE film and avant-garde musical communities are mourning Icelandic composer Jóhann...
PUBLISHED Feb 13, 2018 05:50 AM

SME

One-stop agency for SMEs to grow Singapore's startup ecosystem

SMALL and medium-sized enterprises (SMEs) are the primary focus and comprise the largest...
PUBLISHED Feb 13, 2018 05:50 AM

Brick-and-mortar firms need to up their game in digital space

IN today's digital age, most people are comfortable transacting with businesses...
PUBLISHED Feb 13, 2018 05:50 AM

OPINION

Who loves and hates the FBI now?

ONCE upon a time in America, there was a political party that held with high esteem the...
PUBLISHED Feb 13, 2018 05:50 AM
THE BOTTOM LINE

Doing business in China: Politics is still in command

PEOPLE love quotes, especially inspirational ones. Chairman Mao Zedong's words,...
PUBLISHED Feb 13, 2018 05:50 AM
EDITORIAL

Transparency in sporting contracts could head off doping scourge

THE perennial politics of doping among athletes has again come to plague the Olympics,...
PUBLISHED Feb 13, 2018 05:50 AM

Need to maintain trust in Singapore's system of criminal justice

SINGAPORE'S criminal laws and its administration of criminal justice have been...
PUBLISHED Feb 13, 2018 05:50 AM

Pyeongchang Games: South Korea's billboard to the world

THE Winter Olympics started last Friday with a grand opening ceremony in Pyeongchang. At...
PUBLISHED Feb 13, 2018 05:50 AM

It's been a baptism of fire for the new Fed chair

JAY POWELL, the newly appointed chair of the US Federal Reserve, must be having second...
PUBLISHED Feb 13, 2018 05:50 AM
LETTER TO THE EDITOR

Firms need to engage with minority shareholders more with rule changes

THE latest consultation papers issued by the Singapore Exchange on the Quarterly...
PUBLISHED Feb 13, 2018 05:50 AM

BREAKING NEWS

Apr 19, 2018 11:49 PM

Wynn Resorts adds three women to board in post-scandal shake-up

[LOS ANGELES] Wynn Resorts Ltd, the casino operator coping with a sexual-harassment scandal tied to its former chief...
Apr 19, 2018 11:45 PM

De Beers goes to home of blood diamonds to fix hand-mined stigma

[LONDON] Diamond mining giant De Beers plans to fix one of the industry's oldest problems: the reputational stain...
Apr 19, 2018 11:38 PM

Macron, Merkel differ on fiscal policy in EU reform push

[BERLIN] German Chancellor Angela Merkel and French President Emmanuel Macron on Thursday stressed their common will to...
Apr 19, 2018 11:30 PM

Tender deadline for KL-Singapore High Speed Rail company extended to December

[SINGAPORE] The deadline for tender submissions for the Kuala Lumpur-Singapore High Speed Rail (HSR) Assets Company (...
Apr 19, 2018 11:29 PM

Fragrance Group prices its S$125m 6.1% 2021 notes

FRAGRANCE Group has priced its S$125 million 6.125 per cent fixed-rate notes, which mature on April 26, 2021 under the...
Apr 19, 2018 11:17 PM

AT&T abandons plans for Vrio IPO in blow to efforts to cut debt

[SAN FRNACISCO] AT&T Inc canceled an already-downsized initial public offering of South American pay-television...
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