TOP STORIES

Prudential Singapore sues former top manager for up to S$2.5b

PRUDENTIAL Assurance Co Singapore is suing its former top agency manager Peter Tan...

PUBLISHED Jul 17, 2019 05:50 AM

Discretionary portfolios finding favour with Bank of Singapore clients

BANK of Singapore is seeing a surge in interest from clients in discretionary...

PUBLISHED Jul 17, 2019 05:50 AM

Best World gets SGX nod on expanded independent review

BEST World International said the scope of its expanded independent review has been...

PUBLISHED Jul 17, 2019 05:50 AM

Singapore firm budgets up to S$15m for a full smart factory

AMID manufacturing headwinds, Fong's Engineering and Manufacturing is prepared to...

PUBLISHED Jul 17, 2019 05:50 AM

IMF: Singapore's financial sector oversight among world's best, but 2019 growth outlook is weaker

THE International Monetary Fund (IMF) has reaffirmed Singapore's financial sector...

PUBLISHED Jul 17, 2019 05:50 AM

A-G flags lapses in procurement, contracts and IT controls at Singapore public agencies

WEAKNESSES in IT controls, as well as irregularities in procurement and contract...

PUBLISHED Jul 17, 2019 05:50 AM
NEWS ANALYSIS

Will it be one, two or three for 5G?

SINGAPORE telecom operators are divided on the regulator's plans for a 5G network...

PUBLISHED Jul 17, 2019 05:50 AM

EU registering protection for F&B goods as FTA with Singapore nears

WITH the EU-Singapore free trade agreement (EUSFTA) set to come into force by the end...

PUBLISHED Jul 17, 2019 05:50 AM

Indon VAT on online products and services

INDONESIA is drafting new rules to impose value-added tax (VAT) to online products and...

PUBLISHED Jul 17, 2019 05:50 AM

STOCKS

Malaysia: Shares open lower on Wednesday

MALAYSIA share prices opened lower on Wednesday with the FTSE Bursa Malaysia Kuala...

PUBLISHED Jul 17, 2019 09:19 AM

COMPANIES & MARKETS

Student accommodation sector in UK a bright spot in gloomy times

DESPITE lingering uncertainties around Brexit, the purpose built student accommodation...

PUBLISHED Jul 17, 2019 05:50 AM

Corporate digest

MAINBOARD-listed Tiong Seng Holdings will acquire the remaining 56 per cent interest...

PUBLISHED Jul 17, 2019 05:50 AM
HYFLUX SAGA

Utico says Hyflux rescue deal may be worth up to S$535 million

THE deal that embattled water treatment company Hyflux and its potential white knight...

PUBLISHED Jul 17, 2019 05:50 AM

Mixed earnings at large US banks as Fed rate cut looms

JPMORGAN Chase reported record quarterly profits on Tuesday behind strong consumer...

PUBLISHED Jul 17, 2019 05:50 AM

Retail tranche for Prime US Reit IPO set at 40.9m units

THE manager of Prime US Reit has set aside about 40.9 million units of its initial...

PUBLISHED Jul 17, 2019 05:50 AM

Keppel-KBS US Reit posts Q2 DPU of 1.5 US¢

AN enlarged number of units from a rights issue, which outweighed contributions from...

PUBLISHED Jul 17, 2019 05:50 AM

Memtech's proposed delisting gets SGX nod

THE Singapore Exchange (SGX) has approved the proposed delisting of Memtech...

PUBLISHED Jul 17, 2019 05:50 AM

New UOB initiative to push for greater inclusive hiring

UNITED Overseas Bank (UOB) has launched a new initiative to help more companies in...

PUBLISHED Jul 17, 2019 05:50 AM
STOCKS

Data lull sees quiet day on Singapore bourse

LACKING fresh catalysts, there was little impetus in the local equity market for a...

PUBLISHED Jul 17, 2019 05:50 AM

Brokers' take

Keppel Reit, which released Q2 FY 2019 earnings after Monday's market close, declared...

PUBLISHED Jul 17, 2019 05:50 AM
CURRENCIES

Higher chance of no-deal Brexit sends sterling to 27-mth low

STERLING plunged to a 27-month low against the dollar on Tuesday and hit new six-month...

PUBLISHED Jul 17, 2019 05:50 AM

REAL ESTATE

Sembawang site put up for sale to pilot dementia-care village

THE Urban Redevelopment Authority (URA), on behalf of the Ministry of Health (MOH),...

PUBLISHED Jul 17, 2019 05:50 AM

GCB to be auctioned in mortgagee sale with guide price of S$42m

A GOOD Class Bungalow (GCB) at 80 Belmont Road will be auctioned next week in a...

PUBLISHED Jul 17, 2019 05:50 AM

Singapore Shopping Centre on en bloc market with S$255m reserve price

SINGAPORE Shopping Centre has put itself on the collective sale market with a reserve...

PUBLISHED Jul 17, 2019 05:50 AM

London mayor rejects plan for towering Tulip building

THE mayor of London rejected a proposal by billionaire Joseph Safra to build a 305-...

PUBLISHED Jul 17, 2019 05:50 AM

Indian real-estate developers at risk as credit dries up

INDIAN real estate developers are at risk of going belly-up as mounting stress in the...

PUBLISHED Jul 17, 2019 05:50 AM

BANKING & FINANCE

ECB may mull over bank-bond buying

EUROPE'S bond investors are starting to ask whether the European Central Bank (ECB)...

PUBLISHED Jul 17, 2019 05:50 AM

Turkey's new central banker maps out rate cuts

TURKEY'S new central bank governor ended days of silence since his surprise...

PUBLISHED Jul 17, 2019 05:50 AM

Saudi wealth fund buys 40% stake in JV from Aramco, Jacobs

SAUDI Arabia's sovereign wealth fund has acquired a 40 per cent stake in a joint...

PUBLISHED Jul 17, 2019 05:50 AM

ENERGY & COMMODITIES

ANALYSIS

Oil market crisis looks averted - for now

AS RECENTLY as a year ago, the oil market was in a panic about changes to the kind of...

PUBLISHED Jul 17, 2019 05:50 AM

China promises iron ore 'market order' in meeting with steel mills

CHINA'S government promised it will keep "order" in the iron ore market at a meeting...

PUBLISHED Jul 17, 2019 05:50 AM

Apex making its mark in palm oil futures trading

PALM oil futures have been trading on Singapore's Asia Pacific Exchange (Apex) for...

PUBLISHED Jul 17, 2019 05:50 AM

Malaysia to challenge EU palm oil curbs at WTO

MALAYSIA will lodge a complaint with the World Trade Organization over the European...

PUBLISHED Jul 17, 2019 05:50 AM

TECHNOLOGY

Alphabet unveils app to provide air-traffic control for drones

THE company that brought you free digital maps and email wants to do the same thing...

PUBLISHED Jul 17, 2019 05:50 AM

Facebook needs 'very high standard' for Libra coin: Mnuchin

FACEBOOK will need to meet "a very high standard" before it moves ahead with its...

PUBLISHED Jul 17, 2019 05:50 AM

CONSUMER

Amazon workers go on strike as 'Prime Day' shopping frenzy hits

AMAZON workers walked out of a main distribution centre in Minnesota on Monday,...

PUBLISHED Jul 17, 2019 05:50 AM

Demand for new designer's ranges lifts Burberry sales and shares

STRONG demand for designer Riccardo Tisci's new fashion ranges helped revenue at...

PUBLISHED Jul 17, 2019 05:50 AM

Irn-Bru maker AG Barr sinks on profit warning

BRITISH soft drinks maker AG Barr warned profits would fall by as much as a fifth this...

PUBLISHED Jul 17, 2019 05:50 AM

TRANSPORT

STRAIT TALK

Critical cruising questions

ABOUT 30 million people are expected to take a cruise somewhere in the world this year...

PUBLISHED Jul 17, 2019 05:50 AM

Pakistan reopens airspace to civil aviation after months of restrictions following India standoff

PAKISTAN reopened its airspace to civil aviation on Tuesday following months of...

PUBLISHED Jul 17, 2019 05:50 AM

Ryanair pares plans as Boeing Max crisis hits 2020 airline growth

RYANAIR Holdings Plc became the first airline to scale back growth plans for next...

PUBLISHED Jul 17, 2019 05:50 AM

Nissan bets on new driverless sports car to heal image after Ghosn scandal

NISSAN Motor Co unveiled a new version of its Skyline sports sedan, adding the...

PUBLISHED Jul 17, 2019 05:50 AM

India planning roadshows for Air India sale: sources

INDIA is considering inviting expressions of interest to sell Air India Ltd by the end...

PUBLISHED Jul 17, 2019 05:50 AM

GOVERNMENT & ECONOMY

China refutes Trump's 'misleading' comments

CHINA on Tuesday rebuffed a suggestion from US President Donald Trump that Beijing...

PUBLISHED Jul 17, 2019 05:50 AM

S Korea accuses Japan of 'lukewarm' stand on N Korea

RELATIONS between US allies South Korea and Japan deteriorated on Tuesday with South...

PUBLISHED Jul 17, 2019 05:50 AM

Body to broaden ties between Singapore and Vietnam businesses

THE Singapore Business Federation (SBF) and the Vietnam Chamber of Commerce and...

PUBLISHED Jul 17, 2019 05:50 AM

HK retailers forecast sharp drop in sales as protests rock city

HONG Kong retailers said on Tuesday they expect sales for July and August to drop by...

PUBLISHED Jul 17, 2019 05:50 AM

Malaysian MPs back lowering voting age to 18

MALAYSIA'S parliament on Tuesday backed lowering the voting age from 21 to 18, a...

PUBLISHED Jul 17, 2019 05:50 AM

LIFE & CULTURE

Skull bone in Greece may alter story of human pre-history

A SKULL fragment found in the roof of a cave in southern Greece is the oldest fossil...

PUBLISHED Jul 17, 2019 05:50 AM

LVMH to buy minority stake in Stella McCartney

FRENCH luxury and fashion giant LVMH will buy a minority stake in Stella McCartney's...

PUBLISHED Jul 17, 2019 05:50 AM

Spider-Man tops US box office for second week

SPIDER-MAN: Far From Home beat back competition from two debut films at the North...

PUBLISHED Jul 17, 2019 05:50 AM

EXECUTIVE MONEY

Long-short funds: Long on complexity, short on returns

IF RUBE GOLDBERG had been a portfolio manager, instead of a cartoonist renowned for...

PUBLISHED Jul 17, 2019 05:50 AM

2019 has been good - but can it last?

ASSET markets rebounded strongly in the first half of 2019, following a poor 2018....

PUBLISHED Jul 17, 2019 05:50 AM

Lower rates might hurt the dollar but boost gold

EVERYWHERE, it seems, the world has been steeped in turbulence and strife, and that...

PUBLISHED Jul 17, 2019 05:50 AM

OPINION

From political heroines to villains, then victims

THE four freshmen minority Democratic lawmakers in the news this week were first...

PUBLISHED Jul 17, 2019 05:50 AM
THE BOTTOM LINE

Gender diversity key to improving corporate governance

GENDER diversity has become an increasingly relevant topic in the international...

PUBLISHED Jul 17, 2019 05:50 AM
EDITORIAL

Shooting the messenger and more - behind the sorry Kim Darroch saga

IN yet another example of how the presidency of Donald Trump has become fodder for...

PUBLISHED Jul 17, 2019 05:50 AM

Singapore's hook as a site for corporate treasuries

IN the first half of this year, numerous geopolitical events highlighted the...

PUBLISHED Jul 17, 2019 05:50 AM
COMMENTARY

Could Canada provide a Brexit breakthrough for the UK?

THE EU and Canada begin a two-day summit in Montreal on Wednesday. Centrestage in the...

PUBLISHED Jul 17, 2019 05:50 AM
COMMENTARY

Energiewende - tackling climate change with new opportunities in business and development

ALTHOUGH German is the language spoken by the highest number of native speakers in the...

PUBLISHED Jul 17, 2019 05:50 AM

BREAKING NEWS

Jul 17, 2019 03:41 PM

Miners, financials lift Australian shares; NZ flat

[BENGALURU] Australian shares finished higher on Wednesday, thanks to a surge in BHP Group stock after the world's...

Jul 17, 2019 03:37 PM

CCT to lease out entire 21 Collyer Quay office tower to WeWork after HSBC moves out

[SINGAPORE] CapitaLand Commercial Trust (CCT) will lease out 21 Collyer Quay, a 21-storey building in Singapore's...

Jul 17, 2019 03:31 PM

Thailand shies away from rate cut in tussle with mighty baht

[BANGKOK] The Bank of Thailand (BOT) reiterated its concern about the baht's persistent strength on Wednesday, but...

Jul 17, 2019 03:25 PM

Swedbank slashes dividend as Baltic dirty-money probes drag on

[COPENHAGEN] Swedbank acknowledged it will no longer be able to live up to its goal of paying out one of the highest...

Jul 17, 2019 02:35 PM

Tokyo: Stocks close lower as trade optimism fades

[TOKYO] Tokyo stocks closed lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks...

Jul 17, 2019 02:13 PM

Wall Street's biggest banks turn offices into summer camps for teen coders

[NEW YORK] For the next three weeks, the offices of Wall Street's biggest banks are becoming summer camps for coders...

sentifi.com

TOP 10 TALKED ABOUT: