TOP STORIES

DIGITAL PAYMENTS

Secure ecosystem is key in fast payment access for non-bank e-wallet players

E-WALLET operators will need to keep up cybersecurity and anti-fraud efforts to...

PUBLISHED Dec 1, 2020 05:50 AM
ASEAN BUSINESS

A rush to create Asean travel bubble holds too much risk

THE notion of creating "travel bubbles" in South-east Asia - a region of more than 650...

PUBLISHED Dec 1, 2020 05:50 AM
SFFXSWITCH 2020: BT EXCLUSIVE

Covid-19 widens field for new digital banks as inclusion gap narrows

THE Monetary Authority of Singapore (MAS) is sticking to its planned number of digital...

PUBLISHED Dec 1, 2020 05:50 AM
DIGITAL PAYMENTS

Singapore to open payment rails to selected non-bank financial firms from February

SINGAPORE is opening up access to the payment rails once held sacred by only the...

PUBLISHED Dec 1, 2020 05:50 AM

S&P to buy IHS Markit for US$39b in year's 2nd top deal

S&P Global has agreed to buy IHS Markit for about US$39 billion in stock, a deal...

PUBLISHED Dec 1, 2020 05:50 AM

Biden picks former Federal Reserve chair Yellen as Treasury secretary

PRESIDENT-ELECT Joe Biden took a significant step this week towards addressing the...

PUBLISHED Dec 1, 2020 05:50 AM

Food delivery is here to stay as F&B players ramp up online sales

THINGS are looking up for food and beverage (F&B) firms that have successfully...

PUBLISHED Dec 1, 2020 05:50 AM
ASEAN BUSINESS

Asean Customs Transit System team looks to multi-modal transport, wider adoption

THERE needs to be greater promotional efforts to drive adoption of the Asean Customs...

PUBLISHED Dec 1, 2020 05:50 AM

Singapore bank lending dips further in October

SINGAPORE's bank lending fell for the eighth straight session in October, dragged down...

PUBLISHED Dec 1, 2020 05:50 AM

About 1,250 Shell employees to benefit from upskilling

THE Singapore Shell Employees' Union (SSEU) has teamed up with Shell to set up a Joint...

PUBLISHED Dec 1, 2020 05:50 AM

Accuron Technologies CEO Tan Kai Hoe named chairman of Singapore Red Cross

THE Singapore Red Cross (SRC) has a new chairman - Tan Kai Hoe is taking over the top...

PUBLISHED Dec 1, 2020 05:50 AM

COMPANIES & MARKETS

Q3 corporate profits show signs of recovery amid rebound in economic activity

FOR the third-quarter ended September 2020, earnings for Singapore-listed companies,...

PUBLISHED Dec 1, 2020 05:50 AM

MAS orders removal of EH-Reit manager after submissions raise 'no new material facts'

THE Monetary Authority of Singapore (MAS) on Monday ordered the removal of the manager...

PUBLISHED Dec 1, 2020 05:50 AM

No Signboard full-year loss widens to S$9.8m

CATALIST-LISTED food and beverage group No Signboard Holdings sank deeper into the red...

PUBLISHED Dec 1, 2020 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Dec 1, 2020 05:50 AM
HOCK LOCK SIEW

No success in telcos' fight to grow profits

LOCAL telcos Singtel and StarHub both turned in double-digit declines in underlying...

PUBLISHED Dec 1, 2020 05:50 AM
SABANA-ESR MERGER

Activist funds opposed to Sabana-ESR merger slam one-proxy rule

AHEAD of voting on the controversial merger between Sabana Shari'ah Compliant...

PUBLISHED Dec 1, 2020 05:50 AM

CDL to report full-year loss; Deloitte completes Sincere review

CITY Developments Ltd (CDL) expects to sink into the red in 2020 with a full-year loss...

PUBLISHED Dec 1, 2020 05:50 AM
STOCKS

STI ends session 1.75% down, but up 15.8% for the month of Nov

THE benchmark Straits Times Index (STI) ended Monday down 1.75 per cent or 49.87 to...

PUBLISHED Dec 1, 2020 05:50 AM
CURRENCIES

Dollar hits new 2½ year low after month of losses

THE dollar hit its lowest in 2½ years on Monday while riskier currencies were mixed,...

PUBLISHED Dec 1, 2020 05:50 AM

REAL ESTATE

Singapore commercial property investment deals dive, but should pick up next year: Savills IM

SINGAPORE'S commercial property investment volumes have plunged as expected this year...

PUBLISHED Dec 1, 2020 05:50 AM

Christmas, virus, fear of no-deal Brexit push Europe's warehouses to the limit

RETAILERS worldwide have never had more reason to pack warehouses to the brim and keep...

PUBLISHED Dec 1, 2020 05:50 AM

Singapore's office market will never be the same again

POST-COVID-19, Singapore's workforce is adapting to the new normal of flexible working...

PUBLISHED Dec 1, 2020 05:50 AM

Mortgage boom risks coming home to roost for Brazil's banks

OWNING their first home on the outskirts of Sao Paulo felt like a distant dream when...

PUBLISHED Dec 1, 2020 05:50 AM

BANKING & FINANCE

UOB to set up electronic FX pricing, trade engine in Singapore

UOB on Monday said it will set up an electronic foreign exchange (FX) pricing and...

PUBLISHED Dec 1, 2020 05:50 AM

Commodity-finance industry in Singapore gets code of best practices

A SET of best practices for commodity financing was rolled out on Monday, the first...

PUBLISHED Dec 1, 2020 05:50 AM

GIC partners 3 organisations and initiatives on climate change management

GIC has become a signatory to three organisations and initiatives relating to climate...

PUBLISHED Dec 1, 2020 05:50 AM

JPMorgan doubling Singapore private bankers for rich China clients

JPMORGAN Chase plans to double the number of private bankers serving Chinese clients...

PUBLISHED Dec 1, 2020 05:50 AM

ENERGY & COMMODITIES

US shale firms amp up natural gas output as futures signal more gains

HIGHER natural gas futures prices for 2021 and a continued glut of crude oil are...

PUBLISHED Dec 1, 2020 05:50 AM

China seeks to import jet fuel ahead of CNY holidays

CHINESE New Year may be more than two months away but one Chinese fuel supplier is...

PUBLISHED Dec 1, 2020 05:50 AM

TECHNOLOGY

GlobalWafers in talks to buy Siltronic for 3.75 billion euros

TAIWAN'S GlobalWafers Co said that it's in advanced talks to acquire Siltronic AG, a...

PUBLISHED Dec 1, 2020 05:50 AM

CONSUMER

Universal Studios to open 60b yen Nintendo Park in February

UNIVERSAL Studios Japan plans to open its US$580 million Nintendo attraction on Feb 4...

PUBLISHED Dec 1, 2020 05:50 AM

Australia's Treasury Wine diverting China-bound wine over hefty tariffs

AUSTRALIA'S Treasury Wine Estates Ltd said on Monday that it would divert hundreds of...

PUBLISHED Dec 1, 2020 05:50 AM

TRANSPORT

Singapore opens tender for 600 EV charging points at over 200 public carparks

THE Urban Redevelopment Authority (URA) and Land Transport Authority (LTA) on Monday...

PUBLISHED Dec 1, 2020 05:50 AM

Europeans snap up old cars to avoid public transport

WANT a cheap used car to nip around town without running the gauntlet of coronavirus...

PUBLISHED Dec 1, 2020 05:50 AM

Airlines face 'mission of the century' in shipping vaccines

IN COOLED warehouses on the fringes of Frankfurt airport, Deutsche Lufthansa AG is...

PUBLISHED Dec 1, 2020 05:50 AM

GOVERNMENT & ECONOMY

Moderna to seek US, EU emergency nod after study shows 94.1% vaccine success

MODERNA Inc said it would apply for US and European emergency authorisation of its...

PUBLISHED Dec 1, 2020 05:50 AM

Hong Kong imposes more restrictions to contain latest wave of Covid-19 infections

HONG KONG is sending civil servants back to work-from-home arrangements as the...

PUBLISHED Dec 1, 2020 05:50 AM

Malaysia extends virus curbs on Top Glove's worker dormitories in Klang

MALAYSIA will extend its movement control order on Top Glove Corp's worker dormitories...

PUBLISHED Dec 1, 2020 05:50 AM

Australia demands apology from China after fake image posted on social media

AUSTRALIA demanded an apology after a senior Chinese official posted a fake image of...

PUBLISHED Dec 1, 2020 05:50 AM

Trump to add China's SMIC and CNOOC to defence blacklist, say sources

THE Trump administration is poised to add China's top chipmaker Semiconductor...

PUBLISHED Dec 1, 2020 05:50 AM

LIFE & CULTURE

TAKING HEART

UOB raises S$75,000 for charity through virtual run-walk event

THE Covid-19 pandemic may have led to the cancellation of most mass events, but it has...

PUBLISHED Dec 1, 2020 05:50 AM

The Croods 2 leads sluggish Thanksgiving holiday weekend

THANKSGIVING is traditionally one of the most popular times to go to the movies in the...

PUBLISHED Dec 1, 2020 05:50 AM

Sotheby's and Christie's look to luxury as a coronavirus antidote

TWENTY years ago, Sotheby's and Christie's made money by auctioning art. And that was...

PUBLISHED Dec 1, 2020 05:50 AM

SME

Engineered to excel

CREATING possibilities together among its various stakeholders is a common goal that...

PUBLISHED Dec 1, 2020 05:50 AM

Digital skills to be taught in Mice training courses at SUSS

THE Singapore University of Social Sciences (SUSS) has partnered the Singapore...

PUBLISHED Dec 1, 2020 05:50 AM

Don't pay the ransom; take these five steps instead

THEY say an ounce of prevention is worth a pound of cure, and this is as true for your...

PUBLISHED Dec 1, 2020 05:50 AM

OPINION

Sustainability drive: Everyone must chip in

THE last few years have sent sustainability to the top of the global agenda as the...

PUBLISHED Dec 1, 2020 05:50 AM
THE BOTTOM LINE

Singapore needs new mindset to cement global hub role

THE novel coronavirus pandemic and shifting trade relationships have made the world...

PUBLISHED Dec 1, 2020 05:50 AM
EDITORIAL

European leaders need to pull together amid economic, political crisis

EUROPE has been jolted yet again in recent weeks, becoming - for the second time - the...

PUBLISHED Dec 1, 2020 05:50 AM

Biden's modest multilateralism

LIKE the Joni Mitchell song puts it, "You don't know what you've got 'til it's gone."...

PUBLISHED Dec 1, 2020 05:50 AM

Sunak statement fails to address gathering Brexit storm

RISHI Sunak gave a mini-budget last week with shocking economic data confirming the UK...

PUBLISHED Dec 1, 2020 05:50 AM

Creating a gender-equal world is a mission for all

IN EARLY 2020, Awa had just turned 15 years old when she heard that her marriage was...

PUBLISHED Dec 1, 2020 05:50 AM

BREAKING NEWS

Dec 1, 2020 07:18 AM

Bitcoin surges to all-time record as 2020 rally powers on

[LONDON] Bitcoin soared to a record high against the dollar on Monday, as its 2020 rally steamed ahead, boosted by...

Dec 1, 2020 07:13 AM

Secret to George Clooney's hair? The Flowbee

[WASHINGTON] Pandemic hair getting out of control? Take a tip from George Clooney: the Hollywood style icon has...

Dec 1, 2020 07:09 AM

WHO says 'will do everything' to find Covid-19 origins

[GENEVA] The World Health Organization insisted on Monday it would do everything possible to find the animal origins...

Dec 1, 2020 07:06 AM

US 'Cyber Monday' sales at record-setting pace

[SAN FRANCISCO] Online deals for gadgets, games, wine and clothes put "Cyber Monday" sales on track for record...

Dec 1, 2020 07:03 AM

GM won't take stake in electric-truck startup Nikola

[NEW YORK] General Motors terminated a transaction to take a stake in Nikola, but reached a preliminary agreement to...

Dec 1, 2020 07:00 AM

Facebook buys online customer service startup Kustomer

[SAN FRANCISCO] Facebook on Monday announced it is buying a startup specialising in helping businesses interact with...