TOP STORIES

BT EXCLUSIVE

StarHub faces hurricane, not headwinds, says CEO

BUSINESS deals are still on the horizon for StarHub, even as the telco steps up its cost-...
PUBLISHED Dec 12, 2018 05:50 AM

South-east Asia tech valuations 'to hold amid global drop'

GLOBAL tech valuations are coming down, but valuations in South-east Asia will still hold...
PUBLISHED Dec 12, 2018 05:50 AM

En bloc hopefuls cut prices as reality bites

AMID a decidedly quieter collective sale market, some homeowners have become more...
PUBLISHED Dec 12, 2018 05:50 AM

White site at Woodlands Ave 2 'likely to require deep pockets'

BIDDERS for the white site at Woodlands Avenue 2 made available for application under the...
PUBLISHED Dec 12, 2018 05:50 AM

Singapore businesses hope for end to territorial tensions

SINGAPORE'S business community hopes the territorial tensions between Malaysia and...
PUBLISHED Dec 12, 2018 05:50 AM

Six moneylenders with unique business models issued new licences

IF SOMEONE cuts into your queue at the cashier in a supermarket, what would you do?
PUBLISHED Dec 12, 2018 05:50 AM
COMMENTARY: BREXIT TURMOIL

Britain in mayhem after vote delay

THE European Council of presidents and prime ministers meets on Thursday for the last...
PUBLISHED Dec 12, 2018 05:50 AM
BREXIT TURMOIL

May tours Europe in frantic bid to save Brexit

EMBATTLED British Prime Minister Theresa May launched a tour of European capitals on...
PUBLISHED Dec 12, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Boob tube's for rubes as pay-TV loses its lustre

PAY-TELEVISION is struggling to reinvent itself for the new millennium.
PUBLISHED Dec 12, 2018 05:50 AM

Noble to seek hearing in Bermuda court to complete restructuring

TROUBLED commodities trader Noble Group said that it will apply to the Bermuda court for...
PUBLISHED Dec 12, 2018 05:50 AM

Great Eastern to acquire Indonesia insurance firm for US$28m

GREAT Eastern Holdings is acquiring Indonesia-registered PT QBE General Insurance...
PUBLISHED Dec 12, 2018 05:50 AM

Voluntary delisting of LTC approved

STEEL trading and property group LTC Corp will be delisted, after the controlling Cheng...
PUBLISHED Dec 12, 2018 05:50 AM

Corporate digest

A UNIT of Sunningdale Tech has agreed to sell a factory and the land it sits on in...
PUBLISHED Dec 12, 2018 05:50 AM

Singapore firms tap US$4.9b from equity markets year to date

SINGAPORE companies have raised US$4.9 billion in equity capital markets (ECMs) so far...
PUBLISHED Dec 12, 2018 05:50 AM

Biolidics launches IPO to raise S$6.1m

MEDICAL technology company Biolidics on Tuesday launched an initial public offering (IPO...
PUBLISHED Dec 12, 2018 05:50 AM
STOCKS

Uncertainty clouds Asian markets

ASIAN MARKETS traded mixed on Tuesday, with global uncertainty over multiple issues...
PUBLISHED Dec 12, 2018 05:50 AM

Brokers' take

We maintain our "hold" rating on City Developments (City Dev) and lower our...
PUBLISHED Dec 12, 2018 05:50 AM
CURRENCIES

Pound rises off 20-month lows after Brexit blow

THE BRITISH pound crawled off 20-month lows on Tuesday as Prime Minister Theresa May...
PUBLISHED Dec 12, 2018 05:50 AM

REAL ESTATE

Nov condo resale prices reverse 3 months of slide with 0.2% gain

RESALE prices of private non-landed homes in Singapore increased in November, following...
PUBLISHED Dec 12, 2018 05:50 AM

Singapore property 'standstill' expected in 2019: analysts

JUST when Singapore's residential property market was reviving after a four-year...
PUBLISHED Dec 12, 2018 05:50 AM

Coca-Cola hires Cushman to sell its historic Fifth Avenue tower

COCA-COLA Co has hired Cushman & Wakefield to sell a midtown Manhattan tower known as...
PUBLISHED Dec 12, 2018 05:50 AM

HK's nano flats fail to draw interest as market sags

COULD nano flats - billed as one way of solving Hong Kong's chronic housing shortage...
PUBLISHED Dec 12, 2018 05:50 AM

BANKING & FINANCE

Sputtering oil industry halts Nigeria bank loans

NIGERIAN lenders are in retreat. Rising costs and declining appetite to lend are...
PUBLISHED Dec 12, 2018 05:50 AM

Ex-bureaucrat is new Indian central bank chief

INDIA named a former bureaucrat who oversaw Prime Minister Narendra Modi's...
PUBLISHED Dec 12, 2018 05:50 AM

The pros and cons of a PBOC rate cut as China's economy slows

A DECISION on cutting interest rates in China weighs the need to bolster the slowing...
PUBLISHED Dec 12, 2018 05:50 AM

Powell  to widen Fed charm offensive as Trump's attacks mount

JEROME Powell is ramping up Federal Reserve communication to build public trust and help...
PUBLISHED Dec 12, 2018 05:50 AM

ENERGY & COMMODITIES

Big coal wants taxpayers to pay for pollution fix

SOME of the world's biggest fossil-fuel producers are calling on taxpayers to help...
PUBLISHED Dec 12, 2018 05:50 AM

Trump team pushes fossil fuels at global climate talks

PRESIDENT Donald Trump's top White House adviser on energy and climate stood before...
PUBLISHED Dec 12, 2018 05:50 AM

US shale becomes oil industry's safe haven as prices languish

BIG OIL is investing more in US shale, not less, after the recent tumble in crude prices.
PUBLISHED Dec 12, 2018 05:50 AM

Looming glut may bring an end to wheat rally

WHILE most crop markets had a lacklustre 2018, wheat enjoyed a rally. But those gains...
PUBLISHED Dec 12, 2018 05:50 AM

TECHNOLOGY

China court bans sales of older iPhones in Apple-Qualcomm row

A CHINESE court has ordered a sales ban of some older Apple Inc iPhone models in China...
PUBLISHED Dec 12, 2018 05:50 AM

Top Apple suppliers post solid sales

APPLE INC'S two largest Asian suppliers unveiled decent jumps in monthly revenue,...
PUBLISHED Dec 12, 2018 05:50 AM

Can Google CEO Pichai take the heat from Congressional probe?

NEAR the end of a meeting with technology executives at the White House last week,...
PUBLISHED Dec 12, 2018 05:50 AM

It's a briefcase. Pizza box? No - it's a mini-satellite!

RECENTLY, officials in California announced that the Camp Fire, the deadliest wildfire in...
PUBLISHED Dec 12, 2018 05:50 AM

CONSUMER

Last-minute toy shoppers may find only empty shelves in stores

THE holiday whirlwind often leaves even the most organised shoppers scrambling as...
PUBLISHED Dec 12, 2018 05:50 AM

Social media tops print as news source for Americans: study

SOCIAL MEDIA has overtaken print newspapers as a news source for Americans, researchers...
PUBLISHED Dec 12, 2018 05:50 AM

Insurance coverage gives a view into changing landscape of  alternative investments

WITH PRICES of rare whisky soaring into the six and seven digits, ensuring that the...
PUBLISHED Dec 12, 2018 05:50 AM

Vivendi eyes stake in Indonesia's largest media company

VIVENDI SA, the French conglomerate backed by billionaire Vincent Bollore, is competing...
PUBLISHED Dec 12, 2018 05:50 AM

TRANSPORT

STRAIT TALK

Clearing the air on scrubber discharges

A couple of weeks ago, the Singapore Maritime and Port Authority (MPA) unexpectedly...
PUBLISHED Dec 12, 2018 05:50 AM

Fund in US$800m deal to buy AirAsia planes

US private investment firm Castlelake has struck a deal to buy a portfolio of about 30...
PUBLISHED Dec 12, 2018 05:50 AM

Decades of growth at risk as car sales in China continue to fall

CAR sales in China plunged for a sixth consecutive month, intensifying pressure on global...
PUBLISHED Dec 12, 2018 05:50 AM
OPINION

London's £17.6 billion  supertrain will be worth the wait

WHEN they're not busy bemoaning a shambolic Brexit, Britons now have another...
PUBLISHED Dec 12, 2018 05:50 AM

GOVERNMENT & ECONOMY

Malaysia plans RM19.9b rescue of Islamic pilgrim fund

MALAYSIA'S finance ministry has approved a plan to revive the balance sheet of...
PUBLISHED Dec 12, 2018 05:50 AM

Top EU court gives all-clear for ECB bond-buying

THE European Union's highest court ruled on Tuesday that the European Central Bank...
PUBLISHED Dec 12, 2018 05:50 AM

Thai junta lifts campaigning ban, polls set for Feb 24

THAILAND'S junta on Tuesday lifted a ban on political campaigning ahead of 2019...
PUBLISHED Dec 12, 2018 05:50 AM

Ex-1MDB president to be charged in audit tampering case

FORMER 1MDB president Arul Kanda is set to be charged as Malaysian prosecutors step up...
PUBLISHED Dec 12, 2018 05:50 AM

India's Modi stares at biggest election loss since coming to power

INDIA'S RULING PARTY looked set to lose power in three key states, official vote...
PUBLISHED Dec 12, 2018 05:50 AM

IMF warns storm clouds gathering over global economy

ONE OF the International Monetary Fund's top officials warned on Tuesday that storm...
PUBLISHED Dec 12, 2018 05:50 AM

LIFE & CULTURE

When aces take golfers to fancy places

THE late former North Korean leader Kim Jong-Il once carded a 38-under 34 on the 7,700-...
PUBLISHED Dec 12, 2018 05:50 AM

India's richest man splurges US$100m on daughter's wedding

ISHA Ambani's father is the richest man in India. Her family's Mumbai home,...
PUBLISHED Dec 12, 2018 05:50 AM

EXECUTIVE MONEY

Markets only now facing up to big risks in 2019

AFTER another week of exceptional volatility on Wall Street that has pummelled stock...
PUBLISHED Dec 12, 2018 05:50 AM

Where's the bottom? Four perspectives on unstable stock market

HOW low must stocks go to reach levels where investors get a grip on their hair-trigger...
PUBLISHED Dec 12, 2018 05:50 AM

Madoff's fraud transformed hedge fund industry

BERNARD Madoff's sordid legacy remains the stuff of headlines. But his fraudulent...
PUBLISHED Dec 12, 2018 05:50 AM

OPINION

Skilled workforce will steer maritime success

SINGAPORE has grand ambitions when it comes to building on its legacy as a maritime...
PUBLISHED Dec 12, 2018 05:50 AM
THE BOTTOM LINE

The 40th anniversary of China's reform and opening up

FORTY years ago this month, the Communist Party of China, led by Deng Xiaoping, issued a...
PUBLISHED Dec 12, 2018 05:50 AM
EDITORIAL

Populism run amok is no answer to globalisation's challenges

THE notion that the struggle between the elites and the people has become the focus of...
PUBLISHED Dec 12, 2018 05:50 AM

Manufacturing: In artificial intelligence, small solutions win big

A NEW generation of artificial intelligence (AI) solutions will prove themselves in 2019...
PUBLISHED Dec 12, 2018 05:50 AM
COMMENTARY

Likely trajectory of Fed policy far from settled

ALTHOUGH the November Federal Open Market Committee (FOMC) meeting was a sleeper, the...
PUBLISHED Dec 12, 2018 05:50 AM
LETTERS TO THE EDITOR

Hold those that talked up Noble as an investment responsible

HAVING spent almost four years warning about the likely fraud at Noble it was utterly...
PUBLISHED Dec 12, 2018 05:50 AM

BREAKING NEWS

Dec 12, 2018 08:38 AM

Stocks to watch: Hong Lai Huat, Sunningdale Tech, Chip Eng Seng, Accrelist, KLW Holdings

THE following companies saw new developments which may affect trading of their shares on Wednesday:
Dec 12, 2018 08:19 AM

Buyout offer for Cityneon crosses threshold for compulsory acquisition of all shares

WEST Knighton Limited, the special purpose vehicle indirectly owned by Cityneon group chief executive Ron Tan and Hong...
Dec 12, 2018 08:10 AM

KLW says S$1m settlement cheque bounced

THE first of three legal settlement payments to Catalist-listed KLW Holdings has failed to go through after the cheque...
Dec 12, 2018 08:05 AM

BlackRock sees ‘prolonged’ slump in Australia's housing market

[SYDNEY] Australia's housing slump could go on for another 12 to 18 months as banks maintain tighter credit...
Dec 12, 2018 07:52 AM

Congresswoman to Google CEO: When I search 'idiot' why do I get pictures of Trump?

[WASHINGTON] In an effort to understand how Google search algorithms work, a Democratic congresswoman asked the tech...
Dec 12, 2018 07:51 AM

Accrelist calls off acquisition of stake in blockchain firm

CATALIST-LISTED corporate accretion services provider Accrelist has called off its proposed acquisition of an aggregate...
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