Three-Minute Digest

Pact brings together firms to co-innovate

CO-INNOVATION - collaborating to introduce ideas or methods - between start-ups and large organisations is beginning to see acceptance here.

OUE-Lippo-Caesars in S Korea casino project

A CONSORTIUM of OUE, Lippo Group and Caesars Entertainment has received approval from South Korea to build a casino and integrated resort.

China money market funds expose chinks in banking

THE growth of an online money market fund launched by the Alibaba Group last summer has exposed the cracks in China's banking system.

Toyota distributor Borneo quits motor traders' body

THE Motor Traders Association could soon be the Minor Traders Association - the latest to leave its fold is Toyota distributor Borneo Motors.

Temasek offer a sector re-rating event: Barclays

TEMASEK'S offer for Olam could be a sector re-rating event, reflecting the potential for major shareholder groups to step in if soft commodity groups remain undervalued, said Barclays.

Kerry Logistics open to secondary listing on SGX

KERRY Logistics Network, a unit of Robert Kuok's Kerry Properties, may consider a secondary listing on SGX.

Confidence in Singapore's trade outlook jumps

THANKS to improving global economic conditions, confidence in Singapore's trade outlook has reached its highest level in two years.

M'sia industrial land prices seen rising by 10%

AMID a supply shortage, industrial land prices in Malaysia are expected to rise by double digits this year.

Alibaba and Weibo see benefits in US listing

IN picking the US to launch IPOs rather than the home market, Alibaba and Weibo are opting for maximum visibility and access to capital.

Low rates spurring growth, says RBA

AUSTRALIA'S central bank said that it saw more signs that record-low interest rates were stimulating growth.

ETFs outshine bullion funds as safe haven

INVESTORS seeking a hedge against a waning US economic recovery and conflict in Ukraine made twice as much money buying gold-mining shares rather than the metal.

BOJ easing pushes land prices up in Japan cities

LAND prices in some major Japanese cities rose last year for the first time in many years as a result of BOJ's aggressive monetary easing.

Industry players see dry bulk making strong rebound

DRY bulk shipping is tipped to have the most potential within the broad maritime sector in the coming few years, with China and India highlighted as the bright sparks.

China finds no terrorist link to nationals on missing jet

INTELLIGENCE checks on 153 Chinese nationals on a missing Malaysia Airlines plane produced no red flags, China said.