Wednesday, Mar 21, 2018

TOP STORIES

Far East-led consortium places 3 of total 15 bids for Holland site

PROPERTY giant Far East Organization - which has been lagging its rivals in a land...
PUBLISHED Mar 21, 2018 05:50 AM

Shareholder sues Noble and execs, accuses them of inflating profits

TROUBLED commodity trader Noble Group suffered fresh blows on Tuesday, as a major...
PUBLISHED Mar 21, 2018 05:50 AM

China will open its markets further and aims to avert trade war, says premier

CHINA will open its markets further and aims to avert a trade war, said Premier Li...
PUBLISHED Mar 21, 2018 05:50 AM

Baker Hughes flexes corporate muscle after merger with GE

BAKER Hughes (BHG), now a General Electric (GE) company post-merger and the world's...
PUBLISHED Mar 21, 2018 05:50 AM

Singapore still the most liveable city in Asia: Mercer

SINGAPORE continues to offer the highest quality of living among Asian cities, according...
PUBLISHED Mar 21, 2018 05:50 AM

Strong outlook draws more Singapore firms to Asean

THE stronger global trade outlook is reigniting Singapore companies' interest in...
PUBLISHED Mar 21, 2018 05:50 AM

Cotec Healthcare shares costs to deliver quality care in Vietnam

LIFE has not slowed down for Lim Cheok Peng after he stepped down from his managing...
PUBLISHED Mar 21, 2018 05:50 AM

Aramco 'planning to list on local exchange'

SAUDI Arabia plans to sell shares of Saudi Aramco on a local exchange and may scuttle...
PUBLISHED Mar 21, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Electricity market may add sparks to telcos' enterprise arms

MARKETING kicked off for the new Open Electricity Market (OEM) on Monday, and - apart...
PUBLISHED Mar 21, 2018 05:50 AM

Singtel Group rolls out regional mobile wallet platform

TOURISTS and small-business owners could be spared the fumble for foreign change, after...
PUBLISHED Mar 21, 2018 05:50 AM

SPH Magazines undertakes restructuring exercise

SPH Magazines, the magazine arm of Singapore Press Holdings (SPH), will launch a major...
PUBLISHED Mar 21, 2018 05:50 AM

DBS unveils electricity marketplace for Jurong residents to select energy retailers

FOLLOWING the liberalisation of the retail electricity market, DBS on Tuesday announced...
PUBLISHED Mar 21, 2018 05:50 AM

Keppel unit secures bonuses worth over £7 million

KEPPEL Seghers, a wholly owned subsidiary of Keppel Infrastructure Group, has signed a...
PUBLISHED Mar 21, 2018 05:50 AM

Corporate digest

THE buyout offer for real estate group CWG International has closed.
PUBLISHED Mar 21, 2018 05:50 AM

GIC buys into UK-based firm behind portable DNA sequencing device

SINGAPORE sovereign wealth fund GIC has invested in Oxford Nanopore Technologies (ONT), a...
PUBLISHED Mar 21, 2018 05:50 AM

F J Benjamin sets up advisory board to integrate online and offline retail

FASHION and lifestyle retailer F J Benjamin has set up an advisory board to help the...
PUBLISHED Mar 21, 2018 05:50 AM

Steinhoff to consider reducing stake in African unit

STEINHOFF International Holdings NV is considering the sale of part of a 58 billion rand...
PUBLISHED Mar 21, 2018 05:50 AM
STOCKS

ST Index snaps losing streak

THE Straits Times Index (STI) on Tuesday snapped its losing streak, turning around from...
PUBLISHED Mar 21, 2018 05:50 AM

Brokers' take

GUOCOLAND on Monday announced that it has, together with Intrepid Investments and Hong...
PUBLISHED Mar 21, 2018 05:50 AM
CURRENCIES

US dollar perches at one-week high vs yen

THE US dollar held comfortably at a one-week high against the Japanese yen on Tuesday as...
PUBLISHED Mar 21, 2018 05:50 AM

REAL ESTATE

CapitaLand unit to manage mall in Oxley's The Peak in Phnom Penh

DEVELOPER CapitaLand, through its wholly owned shopping mall business CapitaLand Retail,...
PUBLISHED Mar 21, 2018 05:50 AM

Technology advances can help secure formal land rights

NEW technology has unleashed a wave of opportunities to secure formal land rights for...
PUBLISHED Mar 21, 2018 05:50 AM

Country Garden's annual core profit doubles to record

COUNTRY Garden Holdings Co Ltd, one of China's most aggressive property developers,...
PUBLISHED Mar 21, 2018 05:50 AM

California housing problems are spilling across to neighbouring states

A GROWING homelessness crisis. Complaints about traffic congestion. Worries that the...
PUBLISHED Mar 21, 2018 05:50 AM

BANKING & FINANCE

US credit markets lend fuel to equity rout

EQUITY investors grappling with a technology selloff, trade tensions and hawkish monetary...
PUBLISHED Mar 21, 2018 05:50 AM
COMMENTARY

Europe is only halfway to healthier banks

LAST week, the European Commission and the European Central Bank announced new rules on...
PUBLISHED Mar 21, 2018 05:50 AM

ENERGY & COMMODITIES

China needs more space below ground to store gas

WHILE China seeks more natural gas to meet booming demand from President Xi Jinping'...
PUBLISHED Mar 21, 2018 05:50 AM

Italy exports first gas as Snam seeks to build up trading hub

ITALY exported natural gas for the first time last week, part of an effort by the nation...
PUBLISHED Mar 21, 2018 05:50 AM

TECHNOLOGY

Oracle falls after forecasting slower cloud sales growth

ORACLE slumped in late trading after forecasting slowing sales growth in cloud-related...
PUBLISHED Mar 21, 2018 05:50 AM

BlackBerry to face revived US lawsuit that accuses it of misleading shareholders

A US judge on Monday rejected BlackBerry's request to dismiss a lawsuit claiming it...
PUBLISHED Mar 21, 2018 05:50 AM

Dropbox IPO oversubscribed: sources

CLOUD storage company Dropbox's initial public offering was oversubscribed, two...
PUBLISHED Mar 21, 2018 05:50 AM

CONSUMER

US shoe brands join retailers in lobby against China tariffs

RETAILERS and shoemakers continued to sound alarms on Monday about their concerns that...
PUBLISHED Mar 21, 2018 05:50 AM

Foodpanda, Uber take meal apps fight to Bangkok

BANGKOK'S famed love affair with food is spilling over to meal-delivery apps, a...
PUBLISHED Mar 21, 2018 05:50 AM

TRANSPORT

STRAIT TALK

2017 was a busy year for salvors

FORTUNES can change rapidly in a business because of bad luck or the bad judgement of...
PUBLISHED Mar 21, 2018 05:50 AM

China's electric car executives call for policy support, end to protectionism

DELEGATES to China's annual meeting of Parliament have urged the state to provide...
PUBLISHED Mar 21, 2018 05:50 AM

United Airlines' image in the doghouse after death of puppy on plane

UNITED Airlines is struggling to repair its badly bruised public image after the death of...
PUBLISHED Mar 21, 2018 05:50 AM

VW to invest US$340m more in Tennessee plant

VOLKSWAGEN will invest another US$340 million to build SUVs at its US factory, a sign of...
PUBLISHED Mar 21, 2018 05:50 AM

GOVERNMENT & ECONOMY

Expelled Russian diplomats in nerve agent crisis leave Britain

TWENTY-three expelled Russian diplomats and their families left the embassy in London and...
PUBLISHED Mar 21, 2018 05:50 AM

French ex-president Sarkozy held in Libya financing probe

FRENCH ex-president Nicolas Sarkozy was detained for questioning on Tuesday over...
PUBLISHED Mar 21, 2018 05:50 AM

UK inflation slows in February as Brexit hit to pound fades

BRITISH inflation was weaker than expected in February as the impact of the 2016 Brexit...
PUBLISHED Mar 21, 2018 05:50 AM

S Africa awaits first ratings verdict of Ramaphosa era

SOUTH Africa will probably escape a junk assessment from Moody's Investors Service...
PUBLISHED Mar 21, 2018 05:50 AM

LIFE & CULTURE

TAKING HEART

FWD Group uses sports to help those with disabilities

WORKING towards an inclusive society by using sports as a platform is a key focus in FWD...
PUBLISHED Mar 21, 2018 05:50 AM

Compass One points the way to green living

FOR the month of March 2018, Compass One mall goers can attend workshops and craft their...
PUBLISHED Mar 21, 2018 05:50 AM

Curbing cellphone zombies on the street

SHOULD you be reading this on some electronic device while crossing the street, please...
PUBLISHED Mar 21, 2018 05:50 AM

EXECUTIVE MONEY

Axa wants a piece of the action as Asian investors target Europe

ANDREA Rossi doesn't buy into the story that Europe is a dead end for growth. In...
PUBLISHED Mar 21, 2018 05:50 AM

Making sense of the wildly varying cryptocurrency rules around the world

GETTING your head around cryptocurrencies was hard enough before governments got involved...
PUBLISHED Mar 21, 2018 05:50 AM

Superstar fund managers in China can raise US$5b a day

THREE years after China's stock market trauma, the speculative spirit is far from...
PUBLISHED Mar 21, 2018 05:50 AM

OPINION

EDITORIAL

Charges to fund T5: Is there another way?

THE recent furore over Changi Airport's decision to levy progressively increasing...
PUBLISHED Mar 21, 2018 05:50 AM

What does Putin really want?

WHO is Mr Putin? That was the question on everyone's lips 18 years ago when Vladimir...
PUBLISHED Mar 21, 2018 05:50 AM
THE BOTTOM LINE

Transition deal boosts Brexit hopes of final agreement

LONDON and Brussels confirmed on Monday that they have agreed to a provisional "...
PUBLISHED Mar 21, 2018 05:50 AM

Will New Noble be more of the same?

ON March 14, the board of directors of Noble Group ("Noble") announced the...
PUBLISHED Mar 21, 2018 05:50 AM
COMMENTARY

Xi's constitutional move: an end or a means?

ON March 11, a historic amendment to China's Constitution - the first in 14 years -...
PUBLISHED Mar 21, 2018 05:50 AM

BREAKING NEWS

Apr 20, 2018 08:45 PM

16 Umno members seek to challenge party's legality

[KUALA LUMPUR] Sixteen Umno members have filed leave for a judicial review to challenge the legality of the party.
Apr 20, 2018 08:41 PM

CapitaLand Mall Trust Q1 DPU up 1.8% at 2.78 Singapore cents

CAPITALAND Mall Trust (CMT) has posted a first-quarter distribution per unit (DPU) of 2.78 Singapore cents, up 1.8 per...
Apr 20, 2018 08:19 PM

Emotions run at UOB shareholders' meet, first time in 60 years without Wee Cho Yaw

UNITED Overseas Bank's annual shareholders meeting began on an emotional note on Friday as chief executive Wee Ee...
Apr 20, 2018 08:09 PM

GE's adjusted profit tops estimates, shares rise

[BENGALURU] General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation...
Apr 20, 2018 06:19 PM

Gold slips as US rate rise hopes, easing global tensions weigh

[BENGALURU] Gold prices inched lower on Friday and were headed for the first weekly decline in three weeks as...
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