TOP STORIES

SINGAPORE PROPERTY

HDB 'lottery' conundrum: analysts weigh in on ways to mitigate it

WHEN certain HDB flats in the Dawson and Boon Tiong area completed their five-year...

PUBLISHED Dec 3, 2020 05:50 AM

EU-Singapore FTA continues to open doors for companies a year on

A FORTNIGHT ago, the free trade agreement between tiny Singapore and the 27-member...

PUBLISHED Dec 3, 2020 05:50 AM

Get the year-end celebrations going

IT'S beginning to look a lot like Christmas, and even if it's not the most wonderful...

PUBLISHED Dec 3, 2020 05:50 AM
BT EXCLUSIVE: SFFXSWITCH 2020

MAS nudges financial firms on local high-tech skills transfers

THE Monetary Authority of Singapore (MAS) is drilling down to the local mix in...

PUBLISHED Dec 3, 2020 05:50 AM

Ex-senior civil servant to succeed retiring SBF CEO

SINGAPORE Business Federation (SBF) chief executive officer (CEO) Ho Meng Kit is...

PUBLISHED Dec 3, 2020 05:50 AM

UK approves Pfizer-BioNTech vaccine for rollout

BRITAIN on Wednesday became the first Western country to approve a Covid-19 vaccine...

PUBLISHED Dec 3, 2020 05:50 AM
BT EXCLUSIVE

JL Family Office unveils boutique property investment firm

JL FAMILY Office has launched a boutique property investment firm, The Land Managers...

PUBLISHED Dec 3, 2020 05:50 AM

Barings to set up South-east Asia hub in Singapore

INVESTMENT management firm Barings is laying the groundwork for an office in Singapore...

PUBLISHED Dec 3, 2020 05:50 AM

Defaults set to continue as Beijing pledges to end fraud in bond market

CHINA'S recent bond defaults by large state-owned enterprises (SOEs) are set to...

PUBLISHED Dec 3, 2020 05:50 AM

Credit Bureau Asia's IPO 60.8 times subscribed

CREDIT Bureau Asia (CBA) received applications from retail investors for 60.8 times...

PUBLISHED Dec 3, 2020 05:50 AM
UPDATED 9 hours 9 min ago

COMPANIES & MARKETS

HOCK LOCK SIEW

It's a bumpy road for SingPost in the e-commerce arena

SINGAPORE Post (SingPost) is having some trouble generating profits from its growing e...

PUBLISHED Dec 3, 2020 05:50 AM
SABANA-ESR MERGER

One-proxy vote approach is well-established, but is it the best way?

THE Securities Industry Council (SIC) has reminded all parties that the scheme of...

PUBLISHED Dec 3, 2020 05:50 AM

Geo Energy hits coal reserves threshold; purchase of outstanding notes not needed

GEO Energy Resources has reached the minimum threshold for its coal reserves, and will...

PUBLISHED Dec 3, 2020 05:50 AM

Corporate digest

JAPANESE-MANAGED precision components maker CDW Holding made a US$46,000 net profit...

PUBLISHED Dec 3, 2020 05:50 AM
BROKERS' TAKE

CGS-CIMB downgrades Jardine Matheson to 'hold'

JARDINE Matheson Holdings (JMH) has been downgraded to "hold" by CGS-CIMB in a...

PUBLISHED Dec 3, 2020 05:50 AM

G.H.Y Culture & Media set to be SGX's third non-Reit mainboard listing this year

ENTERTAINMENT and content provider G.H.Y Culture & Media Holding Co has set its...

PUBLISHED Dec 3, 2020 05:50 AM
STOCKS

STI slips into the red, closing 0.1% lower at 2,810.95

THE benchmark Straits Times Index (STI) slipped into the red on Wednesday, declining 0...

PUBLISHED Dec 3, 2020 05:50 AM
CURRENCIES

US dollar recovers from 2½-year low

THE US dollar rose from a two-and-a-half-year low on Wednesday as investors assessed...

PUBLISHED Dec 3, 2020 05:50 AM

REAL ESTATE

Evergrande Property eases on HK debut

SHARES of Evergrande Property Services fell marginally on their Hong Kong debut on...

PUBLISHED Dec 3, 2020 05:50 AM

Canada plans new tax for foreign home buyers to curb speculative purchases

CANADA is readying a new tax on foreign home buyers to help tamp down on speculative...

PUBLISHED Dec 3, 2020 05:50 AM

Rents in 40 major Chinese cities lowest in nearly two years: private survey

CHINA'S average home rental prices in 40 major cities fell to their lowest last month...

PUBLISHED Dec 3, 2020 05:50 AM

Helsinki makes sustainability a guiding principle for development

WHEN his tour as the American ambassador to Finland ended in 2015, Bruce Oreck decided...

PUBLISHED Dec 3, 2020 05:50 AM

America's 'little land mines' could prevent a summertime boom

FOR the first time since the pandemic shuttered the economy eight months ago, the end...

PUBLISHED Dec 3, 2020 05:50 AM

Harvard aims to double undergrads living on campus

HARVARD College is inviting as many as 3,100 undergraduates to live on campus next...

PUBLISHED Dec 3, 2020 05:50 AM

BANKING & FINANCE

Treasury yield spike risks sparking domino effect

ONE of the year's biggest spikes in Treasury yields has investors mapping out the...

PUBLISHED Dec 3, 2020 05:50 AM

DBS, StanChart slash savings rates further

DBS and Standard Chartered (StanChart) will again slash rates on their respective...

PUBLISHED Dec 3, 2020 05:50 AM

StanChart rolls out Singdollar sustainable fixed deposits

STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar...

PUBLISHED Dec 3, 2020 05:50 AM
UPDATED 12 hours 57 min ago

Singapore banks boost support for micro businesses

SINGAPORE banks have ramped up support for micro enterprises with collateral-free...

PUBLISHED Dec 3, 2020 05:50 AM

US bank profits recover from early 2020 turmoil, but still down from year earlier

US bank profits were significantly higher in the third quarter than the first half of...

PUBLISHED Dec 3, 2020 05:50 AM

ENERGY & COMMODITIES

New coal power plants in China face severe restrictions after 2026

NEW coal power plants in China will face severe restrictions after 2026 as the country...

PUBLISHED Dec 3, 2020 05:50 AM

TECHNOLOGY

Salesforce to buy Slack in US$27.7b megadeal

SALESFORCE on Tuesday announced a US$27.7 billion deal to buy online collaboration...

PUBLISHED Dec 3, 2020 05:50 AM

Chinese smartphone maker Xiaomi raises US$3.9b in equity deal

CHINESE smartphone maker Xiaomi Corp has raised US$3.91 billion as part of a deal that...

PUBLISHED Dec 3, 2020 05:50 AM

Samsung Electronics keeps chairmanship vacant in modest reshuffle

ELECTRONICS giant Samsung Electronics announced a small reshuffle of senior executives...

PUBLISHED Dec 3, 2020 05:50 AM

China probe lands on moon to gather first lunar samples in over 40 years

A CHINESE space probe on Wednesday began drilling on the surface of the moon hours...

PUBLISHED Dec 3, 2020 05:50 AM

CONSUMER

Singapore approves sale of lab-grown meat in world first

LAB-grown chicken will soon be available in restaurants in Singapore, after the city-...

PUBLISHED Dec 3, 2020 05:50 AM

Demand booming for South African 'superfood' blueberries

FLOPPY hats and face masks on, hundreds of workers carefully pick a bumper crop of...

PUBLISHED Dec 3, 2020 05:50 AM

Netflix plans to double its spending on original content in Asia

NETFLIX Inc is planning to double its spending on original content in Asia next year...

PUBLISHED Dec 3, 2020 05:50 AM

TRANSPORT

Biden win is pressuring carmakers to unite

CARMAKERS that signed up for US President Donald Trump's war with California over auto...

PUBLISHED Dec 3, 2020 05:50 AM

Vietnam PM orders halt to international commercial flights

VIETNAM'S Prime Minister Nguyen Xuan Phuc ordered the aviation authority to halt...

PUBLISHED Dec 3, 2020 05:50 AM

Hyundai Motor to launch dedicated EV platform in major push into electric cars

SOUTH Korea's Hyundai Motor Group said on Wednesday it will introduce an electric...

PUBLISHED Dec 3, 2020 05:50 AM

GOVERNMENT & ECONOMY

As economies rebuild for a more sustainable future, opportunities abound

WITH the Covid-19 pandemic still raging on around the world, companies in Singapore -...

PUBLISHED Dec 3, 2020 05:50 AM

US House to approve Bill blocking China firms from US markets

THE US House of Representatives is expected to pass legislation this week that could...

PUBLISHED Dec 3, 2020 05:50 AM

Thailand plans 43.5b baht of additional stimulus to spur consumption

THAILAND plans 43.5 billion baht (S$1.9 billion) of additional stimulus to boost...

PUBLISHED Dec 3, 2020 05:50 AM

Ardern declares climate emergency, vows carbon-neutral public sector by 2025

NEW Zealand promised its public sector would become carbon neutral by 2025 as it...

PUBLISHED Dec 3, 2020 05:50 AM

US accuses China of 'flagrant violation' of sanctions against North Korea

THE United States accused China on Tuesday of "flagrant violation" of its obligation...

PUBLISHED Dec 3, 2020 05:50 AM

Thai PM wins crucial legal battle to stay in office

THAI Prime Minister Prayut Chan-O-Cha, under pressure from months of street protests,...

PUBLISHED Dec 3, 2020 05:50 AM

LIFE & CULTURE

TAKING HEART

Season of Giving kicks off with SG Cares Giving Week 2020

IF your to-do/visit list during this period looks something like that, you may want to...

PUBLISHED Dec 3, 2020 05:50 AM

As another fair goes virtual, Art Basel finds its footing

AT the beginning of 2020, the organisers of Art Basel, the art fair powerhouse, were...

PUBLISHED Dec 3, 2020 05:50 AM

South Korea passes law to allow BTS to postpone military service to age 30

SOUTH Korea's parliament on Tuesday passed a Bill to allow globally recognised K-pop...

PUBLISHED Dec 3, 2020 05:50 AM

OPINION

EDITORIAL

French digital tax may rachet up long-simmering dispute with US

FRANCE has finally gone ahead with plans to impose a tax on US technology giants -...

PUBLISHED Dec 3, 2020 05:50 AM

Reshaping supply chains with technology

THE pandemic has brought simultaneous shocks to global supply chains; it's...

PUBLISHED Dec 3, 2020 05:50 AM
THE BOTTOM LINE

The real class war in the US is within the rich

AMERICANS are living through the restoration of their deposed oligarchy. President-...

PUBLISHED Dec 3, 2020 05:50 AM

Yellen and dollar diplomacy - US Treasury has much to fix

THE US Treasury takes the lead on US currency policy. A Treasury led by former Federal...

PUBLISHED Dec 3, 2020 05:50 AM

In banking, size is becoming a strength in fintech battle

PEOPLE will always need efficient ways to use and access money and financial services...

PUBLISHED Dec 3, 2020 05:50 AM

Asean's uneven consensus on corporate social causes

AMONG the many things that forecasters got wrong about 2020 was the big upswing in...

PUBLISHED Dec 3, 2020 05:50 AM

BREAKING NEWS

Dec 3, 2020 10:08 PM

Meadows brand bottled water recalled after bacteria found in the product

[SINGAPORE] Bottled water from the brand Meadows has been recalled after bacteria was found in the product.

Dec 3, 2020 09:59 PM

China's approval of South Korean game lifts hopes of better ties

[SEOUL] China has granted a licence to a South Korean mobile game, the presidential office in Seoul said on Thursday...

Dec 3, 2020 09:53 PM

Thai protest leader faces contempt charge over PM court ruling

[BANGKOK] Thai authorities filed fresh legal action Thursday against a pro-democracy protest leader after he...

Dec 3, 2020 09:51 PM

Britain's John Lewis won't return pandemic business rates relief

[LONDON] The John Lewis Partnership, owner of the eponymous department store chain and Waitrose supermarket, said on...

Dec 3, 2020 09:42 PM

M&C reports spike in bookings for Singapore, London hotels ahead of holiday season

CITY Developments Limited's (CDL) subsidiary Millennium & Copthorne Hotels announced on Thursday that its hotels...

Dec 3, 2020 09:02 PM

Moody's affirms Thai Beverage's 'Baa3' issuer rating

MOODY'S Investors Service has affirmed Thai Beverage Public Company's "Baa3" issuer rating, while changing the...