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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.

Companies & Markets

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...

Companies & Markets

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...

Companies & Markets

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...

Companies & Markets

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...

Companies & Markets

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...

Companies & Markets

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...

Companies & Markets

PUBLISHED Dec 12, 2018 05:50 AM

STOCKS

Uncertainty clouds Asian markets

ASIAN MARKETS traded mixed on Tuesday, with global uncertainty over multiple issues...

Companies & Markets

PUBLISHED Dec 12, 2018 05:50 AM

Brokers' take

We maintain our "hold" rating on City Developments (City Dev) and lower our...

Companies & Markets

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...

Companies & Markets

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...

Real Estate

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...

Real Estate

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...

Real Estate

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...

Real Estate

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...

Banking & Finance

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...

Banking & Finance

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...

Banking & Finance

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...

Banking & Finance

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...

Energy & Commodities

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...

Energy & Commodities

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.

Energy & Commodities

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...

Energy & Commodities

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...

Technology

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,...

Technology

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...

Technology

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...

Consumer

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...

Consumer

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...

Consumer

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...

Consumer

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...

Transport

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...

Transport

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...

Transport

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...

Transport

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...

Government & Economy

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...

Government & Economy

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...

Government & Economy

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...

Government & Economy

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...

Government & Economy

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...

Government & Economy

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-...

Life & Culture

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,...

Life & Culture

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...

Executive Money

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...

Executive Money

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...

Executive Money

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...

Opinion

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...

Opinion

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...

Opinion

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...

Opinion

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...

Opinion

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...

Opinion

PUBLISHED Dec 12, 2018 05:50 AM

BREAKING NEWS

08:38 AM

Dec 12, 2018 08:38 AM

Stocks

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:

08:19 AM

Dec 12, 2018 08:19 AM

Companies & Markets

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...

08:10 AM

Dec 12, 2018 08:10 AM

Companies & Markets

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...

08:05 AM

Dec 12, 2018 08:05 AM

Real Estate

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...

07:52 AM

Dec 12, 2018 07:52 AM

Technology

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...

07:51 AM

Dec 12, 2018 07:51 AM

Companies & Markets

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...

EDITOR'S CHOICE

Dec 12, 2018

Companies & Markets

EDITOR'S CHOICE

TOP 10 TALKED ABOUT: