TOP STORIES

Singtel posts S$668m loss on provision

HOBBLED by its share of a key associate's provision for sums claimed by the Indian...

PUBLISHED Nov 15, 2019 05:50 AM
BT EXCLUSIVE: SFF X SWITCH

ESG's venture arm SEEDS S$140m in funds over three years

SINGAPORE-BASED venture capital (VC) firm Wavemaker Partners might now be known as one...

PUBLISHED Nov 15, 2019 05:50 AM

Ron Sim's V3 Group eyes digibank bid with EZ-Link, FEO, Heliconia

RON Sim's V3 Group is believed to be in talks with stored-value card operator EZ-Link...

PUBLISHED Nov 15, 2019 05:50 AM

A look into property purchases by foreigners

MUCH ado has been made about foreigners buying up Singapore private residential...

PUBLISHED Nov 15, 2019 05:50 AM
ASIA DATA

China economic activity slows further in Oct as trade war bites

CHINESE economic activity continued to slow in October, as the ongoing trade war with...

PUBLISHED Nov 15, 2019 05:50 AM
ASIA DATA

Japan's economy nearly stalls in Q3, growth at 1-year low

JAPAN'S economy ground to a near standstill in the third quarter with growth at its...

PUBLISHED Nov 15, 2019 05:50 AM

Estimates panel urges govt to find ways to nurture unicorns

THE Estimates Committee presented its fourth report to Parliament on Nov 13, having...

PUBLISHED Nov 15, 2019 05:50 AM

UBS fined S$11.2m in Singapore; HK$400m in HK

THE Monetary Authority of Singapore (MAS) has slapped a S$11.2 million civil penalty...

PUBLISHED Nov 15, 2019 05:50 AM

SGX spells out expectations for public Reits

SINGAPORE's frontline market regulator has spelled out its expectations for Reits that...

PUBLISHED Nov 15, 2019 05:50 AM

First trade closed with SORA, the replacement for SOR

OCBC Bank and Standard Chartered have completed Singapore's first overnight indexed...

PUBLISHED Nov 15, 2019 05:50 AM
HONG KONG PROTESTS

China paper deletes HK curfew tweet on 'insufficient information'

AN influential state-backed Chinese newspaper on Thursday withdrew a tweet saying the...

PUBLISHED Nov 15, 2019 05:50 AM
HONG KONG PROTESTS

Cancellation of more conferences, events deepens tourist slump

A MAJOR airline conference co-hosted by embattled Cathay Pacific Airways became the...

PUBLISHED Nov 15, 2019 05:50 AM

COMPANIES & MARKETS

Sembcorp Industries Q3 net profit drops 13% to S$71m on higher finance costs

MAINBOARD-LISTED conglomerate Sembcorp Industries posted a 13 per cent decline in net...

PUBLISHED Nov 15, 2019 05:50 AM

Higher contributions from dairy, beverages lift F&N's net profit

CONSUMER group Fraser and Neave (F&N) on Thursday posted a 23.5 per cent increase...

PUBLISHED Nov 15, 2019 05:50 AM

SPH buys 284-bed student housing property in Germany for 15.6m euros

SINGAPORE Press Holdings (SPH) is diversifying its purpose-built student accommodation...

PUBLISHED Nov 15, 2019 05:50 AM

China Everbright Q3 earnings rise 27% on higher revenue

CHINA Everbright Water's third-quarter net profit rose 27 per cent to HK$182.6 million...

PUBLISHED Nov 15, 2019 05:50 AM

Activist fund calls for merger of Sabana Reit and ESR Reit

ESR Cayman's cross ownership of the managers of Sabana Reit and ESR Reit puts Sabana...

PUBLISHED Nov 15, 2019 05:50 AM
HOT STOCK

Yoma Strategic shares surge on Ayala investment despite Q2 loss

SHARES of Yoma Strategic soared on Thursday's market open on news that Philippine...

PUBLISHED Nov 15, 2019 05:50 AM

Analysts see more upside for Valuetronics following stellar third quarter

BROKERAGES here are largely bullish on the prospects of Valuetronics Holdings.

PUBLISHED Nov 15, 2019 05:50 AM

Temasek's dual tranche bonds fully taken up

SINGAPORE state investment firm Temasek Holdings on Thursday said its wholly-owned...

PUBLISHED Nov 15, 2019 05:50 AM

Golden Agri back in the black on lower expenses, boost from other income

PALM oil plantation owner Golden Agri-Resources (GAR) on Thursday posted a third-...

PUBLISHED Nov 15, 2019 05:50 AM

Corporate digest

The mainboard-listed resort operator sank further into the red with a net loss of S$9....

PUBLISHED Nov 15, 2019 05:50 AM
STOCKS

Investors weighed down by HK chaos

JUDGING from the performance of the Straits Times Index (STI), the Hong Kong factor...

PUBLISHED Nov 15, 2019 05:50 AM
CURRENCIES

US dollar rises to near one-month high

THE US dollar recovered from earlier lows as weak economic data and concern about...

PUBLISHED Nov 15, 2019 05:50 AM

REAL ESTATE

Taking digital route to book new homes cuts transaction time for bookings

OVER 1,000 units and US$1 billion worth of new homes were booked since August last...

PUBLISHED Nov 15, 2019 05:50 AM

Manhattan's rent surge is cooling as tenants push back on hikes

THE great Manhattan rent surge of 2019 is tapering off. Apartments leased for a median...

PUBLISHED Nov 15, 2019 05:50 AM

China's Oct property investment, sales growth at 3-month low

CHINA'S property investment and sales growth both eased to a three-month low in...

PUBLISHED Nov 15, 2019 05:50 AM

WeWork losses widen to US$1.25b amid record office space expansion

THE We Company, owner of WeWork, said that its net losses in the third quarter more...

PUBLISHED Nov 15, 2019 05:50 AM

Berlin rent freeze forces its largest landlord to build elsewhere

A PLAN to freeze rents in Berlin is already taking a toll on the German capital's...

PUBLISHED Nov 15, 2019 05:50 AM

BANKING & FINANCE

Yields of Australia's 10-year bonds 'may dip to record 0.5% in 2020'

AUSTRALIA'S bonds have fallen far enough in recent weeks to price in positive US-China...

PUBLISHED Nov 15, 2019 05:50 AM

Japan's Mizuho posts 19.9% drop in H1 profit on retail weakness

MIZUHO Financial Group Inc said on Thursday that its half-year net profit fell 19.9...

PUBLISHED Nov 15, 2019 05:50 AM

As recession takes hold, HK banks worry about risk of easier mortgage rules

EVEN as Hong Kong has reduced down-payment requirements to help young professionals...

PUBLISHED Nov 15, 2019 05:50 AM

Hedge funds salivate over arbitrage trade in Alibaba's HK and US shares

AN expected price gap between Alibaba Group Holding Ltd's Hong Kong and US shares is...

PUBLISHED Nov 15, 2019 05:50 AM

ENERGY & COMMODITIES

China-backed group wins US$14b Guinea iron ore deal

A CONSORTIUM representing Chinese, French and Singaporean interests won a US$14...

PUBLISHED Nov 15, 2019 05:50 AM

BHP's new CEO has lessons from Japan to beat China slowdown

MIKE Henry, the incoming CEO of BHP Group, could take a lesson straight out of Japan's...

PUBLISHED Nov 15, 2019 05:50 AM

TECHNOLOGY

Facebook says AI getting better at spotting unwanted content

FACEBOOK on Wednesday said its software is getting more skilled at spying banned...

PUBLISHED Nov 15, 2019 05:50 AM

China closer to 2020 Mars mission after successful test

CHINA on Thursday successfully completed an obstacle-avoidance test for its upcoming...

PUBLISHED Nov 15, 2019 05:50 AM

SoftBank's Yahoo Japan confirms merger talks with Line; its shares jump

SOFTBANK'S Yahoo Japan, one of Japan's top Internet firms, confirmed it is in talks to...

PUBLISHED Nov 15, 2019 05:50 AM

CONSUMER

Motorola reboots its Razr as a foldable smartphone

MOTOROLA is rebooting the iconic Razr flip phone as a 6.2-inch smartphone with a...

PUBLISHED Nov 15, 2019 05:50 AM

TRANSPORT

NEWS ANALYSIS

German automation talent powers Tesla chief's battery move to Europe

TO unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk flew...

PUBLISHED Nov 15, 2019 05:50 AM

Cathay Pacific defers delivery of four Airbus planes as demand falls

HONG Kong's Cathay Pacific Airways Ltd said on Thursday it would defer the delivery of...

PUBLISHED Nov 15, 2019 05:50 AM

South African Airways cancels flights, offers striking employees new wage increase

SOUTH African Airways (SAA) has cancelled flights scheduled for Friday and Saturday...

PUBLISHED Nov 15, 2019 05:50 AM

Daimler seeks 1b euros in savings at Mercedes-Benz by cutting jobs

TOUGHER emissions rules will hit Daimler's profits in 2020 and 2021, prompting the...

PUBLISHED Nov 15, 2019 05:50 AM

Owner of Greyhound says it's in advanced talks for sale of bus line

FIRSTGROUP is in advanced talks with bidders for the sale of its Greyhound bus line,...

PUBLISHED Nov 15, 2019 05:50 AM

GOVERNMENT & ECONOMY

China wants cancelling of tariffs to be part of trade deal with US

CHINA and the United States are holding "in-depth" discussions on a first-phase trade...

PUBLISHED Nov 15, 2019 05:50 AM

Understanding China's economy is 'very hard': Fed's Powell

FEDERAL Reserve chairman Jerome Powell said it's hard to know what's happening with...

PUBLISHED Nov 15, 2019 05:50 AM

Relief and fears for future after Germany dodges technical recession

GERMANY on Thursday dodged a technical recession with a slight third-quarter growth,...

PUBLISHED Nov 15, 2019 05:50 AM

North Korea threatens military escalation as clock ticks on year-end deadline

NORTH Korea has a message for President Donald Trump and the United States: the clock...

PUBLISHED Nov 15, 2019 05:50 AM

LIFE & CULTURE

Autumn art auctions see double-digit declines

WHAT a difference a season makes. Back in May, a US$91.1 million Jeff Koons sculpture...

PUBLISHED Nov 15, 2019 05:50 AM

Superhero or supervillain? Technology's role changes comic books

COMIC books have been around since the 1930s, each story taking shape as it moves from...

PUBLISHED Nov 15, 2019 05:50 AM

Citi's 2020 calendar showcases youthful creativity

Animated visuals, music and dance performances will feature in Citi Commercial Bank (...

PUBLISHED Nov 15, 2019 05:50 AM

OPINION

PUBLISHED Nov 15, 2019 05:50 AM
EDITORIAL

Using facial recognition? Be prepared to provide alternatives

ONCE the stuff of dystopian science-fiction, facial recognition is fast becoming part...

PUBLISHED Nov 15, 2019 05:50 AM
THE BOTTOM LINE

Does speedier connectivity with 5G lead to faster attacks?

RANKED first for its digital infrastructure in the Economist Intelligence Unit's...

PUBLISHED Nov 15, 2019 05:50 AM

5 things to know about getting started with AI, machine learning

ACCORDING to Oliver Wyman Forum's inaugural Global Cities AI Disruption Index,...

PUBLISHED Nov 15, 2019 05:50 AM

Fast scaling startups risk overspeeding

STARTING a business across South-east Asia often feels as easy as getting a new...

PUBLISHED Nov 15, 2019 05:50 AM

You'd better watch out; the Internal Auditor is coming to town

IS CHRISTMAS early and you-know-who is coming to town? No, it isn't Santa Claus, at...

PUBLISHED Nov 15, 2019 05:50 AM

Lifestyle

PUBLISHED Nov 15, 2019 05:50 AM

Malbecs from Argentina fight the stereotypes

MANY cuisines brought by immigrants to the United States have long been pigeonholed as...

PUBLISHED Nov 15, 2019 05:50 AM

The Rise Of Conscious Fashion

Hermès and other luxury houses turn reclaimed materials into the...

PUBLISHED Nov 15, 2019 05:50 AM

Charlotte Cain, founder & director Boutique Fairs Singapore

IN 2002, long before pop-ups became part of the current vernacular, Danish expatriate...

PUBLISHED Nov 15, 2019 05:50 AM

Sinn-Fully Retro

The Hour Glass’s 40th anniversary celebration continues with another limited edition...

PUBLISHED Nov 15, 2019 05:50 AM

Art Explosion

Get ready for the year’s biggest visual arts event. The Singapore Biennale returns on...

PUBLISHED Nov 15, 2019 05:50 AM

Green Rabbit

Using paper wisely is the motto of homegrown stationery and lifestyle brand The Paper...

PUBLISHED Nov 15, 2019 05:50 AM

Wine And Dine

Still think wine doesn’t go with Asian food? Australian winemaker Wolf Blass aims to...

PUBLISHED Nov 15, 2019 05:50 AM

Singapore Spotlight

The 30th Singapore International Film Festival (SGIFF) kicks off on Nov 21 with...

PUBLISHED Nov 15, 2019 05:50 AM

Plastic Fantastic

You’ve seen Barbie dressed in Chanel, as Princess Leia, and even in SIA’s sarong...

PUBLISHED Nov 15, 2019 05:50 AM

Gritty Drama

Nessa Anwar is one of best emerging playwrights in Singapore.

PUBLISHED Nov 15, 2019 05:50 AM
PUBLISHED Nov 15, 2019 05:50 AM

Made-In-China Gains New Flavour

SHANGHAI-BASED SINGAPOREAN chef Jereme Leung is mad about China produce.

PUBLISHED Nov 15, 2019 05:50 AM

Global Tensions Grip Art

NAVIGATING THE CHOPPY waters of a troubled world, artists are transferring their fears...

PUBLISHED Nov 15, 2019 05:50 AM

Connecting Art & Architecture

ALWAYS SO ELOQUENT, senior curator Shabbir Hussain Mustafa describes the period as “a...

PUBLISHED Nov 15, 2019 05:50 AM

Get Into The Eco-Zone

THEODORE CHAN’S 30-YEAR architectural career has been a colourful one - namely, green...

PUBLISHED Nov 15, 2019 05:50 AM
WATCHES

Scoring A Hattrick

THIN IS IN where the watch industry is concerned, as the Grand Prix D’Horlogerie De...

PUBLISHED Nov 15, 2019 05:50 AM

Exceptional Timepieces

WATCH BRANDS HAVE been busy of late, rolling out limited edition timepieces to mark...

PUBLISHED Nov 15, 2019 05:50 AM

Kueh Sera Sera

CHRISTOPHER TAN MAY be better known as a nerd baker but he’s also a...

PUBLISHED Nov 15, 2019 05:50 AM

BREAKING NEWS

Nov 15, 2019 12:01 AM

North Korea rebuffs US offer of December talks, urges halt in military drills

[SEOUL] North Korea said on Thursday it had turned down a US offer for fresh talks, saying it was not interested in...

Nov 14, 2019 11:44 PM

Pakistan protesters block roads but fail to oust prime minister

[ISLAMABAD] Thousands of anti-government protesters blocked highways across Pakistan on Thursday in a bid to oust...

Nov 14, 2019 11:34 PM

UnUsUaL posts 55% rise in Q2 net profit to S$5m

CONCERT promoter UnUsUaL Limited's earnings improved for the second quarter, jumping 54.8 per cent year-on-year to S...

Nov 14, 2019 11:20 PM

Delhi schools close as farm fires add to city's foul air

[NEW DELHI] India's capital Delhi was shrouded in a deeper cover of toxic smoke on Thursday, as data showed that...

Nov 14, 2019 11:16 PM

Trendlines' agrifood VC fund gets US$10m boost from Trendfood

THE Trendlines Group's agrifood venture capital fund, Trendlines Agrifood Fund, got another shot in the arm on...

Nov 14, 2019 11:04 PM

Straits Trading posts 13% fall in Q3 net profit to S$12.2m

THE Straits Trading Company on Thursday posted a 13.2 per cent drop in net profit to S$12.2 million for its third...

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