TOP STORIES

BT EXCLUSIVE

STI stocks expected to hand out 7.9% more in dividends for 2019

CONSTITUENTS of the FTSE Straits Times Index (STI) are projected to pay out 7.9 per...

PUBLISHED Jul 18, 2019 05:50 AM

BT Weekend magazine celebrates wanderlust

ONE travels the world to dine at the best restaurants. Another makes it a point to...

PUBLISHED Jul 18, 2019 05:50 AM
SINGAPORE ECONOMY

Tokyo-Seoul dispute adds to Singapore exporters' woes

A NEW battlefront triggered by the South Korea-Japan trade dispute and possible...

PUBLISHED Jul 18, 2019 05:50 AM

Cleaning robots to be available island-wide by March 2020

MADE-in-Singapore robots that clean up public spaces - and sing and rap while at it -...

PUBLISHED Jul 18, 2019 05:50 AM
STARTUPS

Business-travel platform raises US$3m in pre-Series A funding

US venture firm Accel is putting money behind business-travel management startup...

PUBLISHED Jul 18, 2019 05:50 AM

Visa invests undisclosed sum in Gojek's Series F round

PAYMENTS provider Visa on Wednesday said it has invested in ride-hailing player Gojek...

PUBLISHED Jul 18, 2019 05:50 AM
OPINION

Will Facebook's Libra turn into a cancer?

WHEN it announced its plans to launch a cyber currency, Facebook emphasised that its...

PUBLISHED Jul 18, 2019 05:50 AM

Stratech's Chew family is owner of Belmont GCB put up for auction

THE husband-and-wife team of David Chew and Leong Sook Ching that used to control...

PUBLISHED Jul 18, 2019 05:50 AM

New framework for data protection officers and certifications for international data flows

A NEW framework and training plan for data protection officers (DPOs) has been...

PUBLISHED Jul 18, 2019 05:50 AM

JTC, NTU to start advanced manufacturing training programme for undergrads

SINGAPORE plans to maintain manufacturing at 20 per cent of its gross domestic product...

PUBLISHED Jul 18, 2019 05:50 AM

Small car COE falls, big car COE soars

CERTIFICATE of entitlement (COE) prices ended mixed in a tender marked by new car...

PUBLISHED Jul 18, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

The future's bright for SGX's rubber derivatives

THERE is an unmistakable bounce on the derivatives corner of the Singapore Exchange...

PUBLISHED Jul 18, 2019 05:50 AM
HYFLUX SAGA

Hyflux: S$535m rescue deal is Utico's valuation; deal still on the table

HYFLUX said on Wednesday that it has sought clarification from potential white knight...

PUBLISHED Jul 18, 2019 05:50 AM

Maxi-Cash to issue new S$50m 6.35% three-year notes at par

MAXI-CASH Financial Services expects to issue new S$50 million 6.35 per cent three-...

PUBLISHED Jul 18, 2019 05:50 AM

Corporate digest

QIAN HU reported a 61.6 per cent year-on-year increase in net profit for the second...

PUBLISHED Jul 18, 2019 05:50 AM

CCT acquires second property in Frankfurt

CAPITALAND Commercial Trust (CCT) continues to deepen its presence in Frankfurt with...

PUBLISHED Jul 18, 2019 05:50 AM

Broker takes ads to urge listing process reform after Budweiser IPO pullout

THE dramatic failure of brewer Budweiser APAC's US$9.8 billion Hong Kong listing left...

PUBLISHED Jul 18, 2019 05:50 AM

Bank of America Q2 profit beats estimates

BANK of America Corp (BofA) beat estimates for quarterly profit on Wednesday, as the...

PUBLISHED Jul 18, 2019 05:50 AM
STOCKS

Market unfazed by exports slump

JUDGING from Singapore's non-oil domestic exports reading for June, the global tech...

PUBLISHED Jul 18, 2019 05:50 AM

Brokers' take

Yangzijiang Shipbuilding has acquired a 55 per cent stake in Odfjell Terminal (...

PUBLISHED Jul 18, 2019 05:50 AM
CURRENCIES

Euro falls to one-week low as easing expectations favour US$

THE euro fell to a one-week low against the dollar on Wednesday and towards the lower...

PUBLISHED Jul 18, 2019 05:50 AM

REAL ESTATE

Frasers Property secures A$500m green loan for two Singapore properties

FRASERS Property has secured a A$750 million (S$715.2 million) term loan, comprising a...

PUBLISHED Jul 18, 2019 05:50 AM

US housing starts fall; permits hit 2-year low

US homebuilding fell for a secondstraight month in June and permits dropped to a two-...

PUBLISHED Jul 18, 2019 05:50 AM

China Merchants Shekou plans US$800m Reit IPO in HK

CHINA Merchants Shekou Industrial Zone Holdings is planning an initial public offering...

PUBLISHED Jul 18, 2019 05:50 AM

Row of six freehold shophouses in Joo Chiat up for sale via public tender

A ROW of six adjoining three-storey shophouses along Joo Chiat Road has been put for...

PUBLISHED Jul 18, 2019 05:50 AM

French MPs agree on Notre-Dame restoration as controversy swirls

FRENCH MPs on Tuesday approved a law on the reconstruction of Notre-Dame, three months...

PUBLISHED Jul 18, 2019 05:50 AM

BANKING & FINANCE

Thai central bank says rate cut won't curb capital inflows

THAILAND'S central bank is ready to act if the baht's moves are not in line with...

PUBLISHED Jul 18, 2019 05:50 AM

Deutsche Bank poaches talent to target Europe's wealthy

DEUTSCHE BANK AG hired a team of around a dozen private bankers from Credit Suisse...

PUBLISHED Jul 18, 2019 05:50 AM

Eurozone bond yields fall as Fed debates July rate cut

THE euro area's government bond yields tumbled on Wednesday after comments by US...

PUBLISHED Jul 18, 2019 05:50 AM

ENERGY & COMMODITIES

Feeding 10b people by 2050 will require GM food

LIKE it or not, genetic modification is going to be an important tool to feed the...

PUBLISHED Jul 18, 2019 05:50 AM

Freak weather poses new risk to India's renewable energy goals

INDIA'S ambitious plan to take the leadership position among nations as one of the...

PUBLISHED Jul 18, 2019 05:50 AM

US, China will be world's biggest LNG exporter and importer: IEA

THE United States and China will become the world's biggest liquefied natural gas (LNG...

PUBLISHED Jul 18, 2019 05:50 AM

BHP aims to cut thermal coal output next year, raise quality of products

THE world's biggest miner, BHP Group, on Wednesday said it planned to produce less...

PUBLISHED Jul 18, 2019 05:50 AM

TECHNOLOGY

Trump calls for inquiry into Google's work with China

US President Donald Trump said on Tuesday his administration would investigate whether...

PUBLISHED Jul 18, 2019 05:50 AM

Facebook should not be trusted with 'crazy' cryptocurrency plan, say US senators

US Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track...

PUBLISHED Jul 18, 2019 05:50 AM

Amazon in deal with German watchdog to overhaul marketplace terms

AMAZON has reached a deal with Germany's anti-trust authority to overhaul its terms of...

PUBLISHED Jul 18, 2019 05:50 AM

CONSUMER

As steep patent cliff looms, Shionogi moves to develop its own US sales staff

FOR much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when...

PUBLISHED Jul 18, 2019 05:50 AM

TRANSPORT

How North Korea's Kim gets his luxury cars

THE armoured black limousines appear everywhere with Kim Jong Un, sleek Western...

PUBLISHED Jul 18, 2019 05:50 AM

Renault to invest 128.5m euros in China electric car venture

RENAULT SA will invest 128.5 million euros (S$196 million) for a 50 per cent stake in...

PUBLISHED Jul 18, 2019 05:50 AM

Toyota strikes deal with world's top supplier of electric car batteries

TOYOTA Motor Corp has agreed to buy batteries from Contemporary Amperex Technology Co...

PUBLISHED Jul 18, 2019 05:50 AM

GOVERNMENT & ECONOMY

Powell maintains Fed's pledge to act to sustain US expansion

US FEDERAL Reserve chairman Jerome Powell said that the central bank is "carefully...

PUBLISHED Jul 18, 2019 05:50 AM

Trump says he could impose more China tariffs if he wants

PRESIDENT Donald Trump reiterated that he could impose additional tariffs on Chinese...

PUBLISHED Jul 18, 2019 05:50 AM

US ready to help resolve dispute between Korea, Japan

THE United States will "do what it can do" to help defuse a worsening political and...

PUBLISHED Jul 18, 2019 05:50 AM

Chinese leaders head to Beidaihe compound for key annual policy meeting

THE signs of summer have arrived in the northern Chinese resort town of Beidaihe - the...

PUBLISHED Jul 18, 2019 05:50 AM

LIFE & CULTURE

Comic-Con mines archives for future hits on 50th anniversary celebration

A smorgasbord of sequels, prequels and reunions from Terminator to Game of Thrones...

PUBLISHED Jul 18, 2019 05:50 AM

Louis Vuitton lands on the Lower East Side

ON July 12, on the same intersection depicted on the cover of the Beastie Boys album...

PUBLISHED Jul 18, 2019 05:50 AM

Turning the Met Museum's collection into an orchestra

WALKING up the stairs of the Met Breuer last week, British artist Oliver Beer pressed...

PUBLISHED Jul 18, 2019 05:50 AM

OPINION

Injecting new life into Yangon Stock Exchange

THE Yangon Stock Exchange (YSX) will be the last of the region's markets to open up to...

PUBLISHED Jul 18, 2019 05:50 AM
THE BOTTOM LINE

Making the case for 'dumb' cities in the age of smart tech

LIKE a classroom full of overachieving students, cities around the world are racing to...

PUBLISHED Jul 18, 2019 05:50 AM
EDITORIAL

'Insurance' rate cuts could be risky; more tools needed to combat slowdown

AS a wave of central banks led by the US Federal Reserve signal intent to cut rates,...

PUBLISHED Jul 18, 2019 05:50 AM

Opportunities aplenty for Asean members in building Smart Cities

CHARLES Dickens described the social conditions at the dawn of the first Industrial...

PUBLISHED Jul 18, 2019 05:50 AM
COMMENTARY

Pitfalls in sizing up US-China risks

DONALD Trump's renewed trade threats this week undermine any relief from the recent...

PUBLISHED Jul 18, 2019 05:50 AM
COMMENTARY

Fifty years later, and Apollo 11 is still a miracle, but then reality hits

IT was a day of miracles and wonders. That much I remember very clearly. One did not...

PUBLISHED Jul 18, 2019 05:50 AM

BREAKING NEWS

Jul 18, 2019 09:44 AM

Geely's sports-car icon Lotus maps route under Chinese ownership

[LONDON] Lotus Cars is preparing for an expansion under Asian owner Geely Automobile Holdings Ltd that could see the...

Jul 18, 2019 09:41 AM

Kweichow Moutai's H1 sales disappoint by its own high standards

[SHANGHAI] Kweichow Moutai Co's revenue rose 17 per cent in the first half of 2019 compared to a year earlier - a...

Jul 18, 2019 09:34 AM

Singapore shares open lower on Thursday; STI down 0.35% to 3,352.96

SINGAPORE stocks slipped when the market opened on Thursday, with the Straits Times Index falling 0.35 per cent or...

Jul 18, 2019 09:19 AM

Malaysia: Shares open lower on Thursday

MALAYSIA share prices opened lower on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 1.00...

Jul 18, 2019 09:12 AM

Singapore 'Fort Knox' said to be up for sale as Swiss owner fights Russian tycoon

[SINGAPORE] Asia's "Fort Knox," a private, maximum-security vault in Singapore, is for sale.

Jul 18, 2019 09:11 AM

Bank of Korea surprises with 25 basis point rate cut

[SEOUL] South Korea's central bank unexpectedly cut its policy interest rate for the first time in three years on...

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