TOP STORIES

Catalist issuers underperforming, sponsor conflicts need fixing: study

MORE than half the companies listed on the Catalist board of the Singapore Exchange (...

PUBLISHED Aug 13, 2020 05:50 AM
VIRUS OUTBREAK

Construction firms tell of the delays and triumphs in managing workers

THE Building and Construction Authority (BCA) on Wednesday announced measures to...

PUBLISHED Aug 13, 2020 05:50 AM

Fashion fights back with virtual festival of style

STAYING power, as much as talent, has helped Singapore fashion designer Max Tan...

PUBLISHED Aug 13, 2020 05:50 AM

Three in four jobs in financial sector go to locals: MAS

SINGAPORE'S financial sector created 22,000 net jobs between 2015 and 2019, and of...

PUBLISHED Aug 13, 2020 05:50 AM
GARAGE

Impossible Foods eyes retail sales for further growth in Singapore

IMPOSSIBLE Foods, the maker of the realistic-tasting plant-based beef patty, is...

PUBLISHED Aug 13, 2020 05:50 AM

Singapore's openness is advantage amid supply chain changes: Chan

SINGAPORE'S long-term policy posture of openness will stand it in good stead amid the...

PUBLISHED Aug 13, 2020 05:50 AM
VIRUS OUTBREAK

BCA announces measures for construction restart

THE Building and Construction Authority (BCA) on Wednesday said it is implementing...

PUBLISHED Aug 13, 2020 05:50 AM
VIRUS OUTBREAK

After four months in lockdown, some workers just want to go home

WITH all dormitories declared Covid-cleared on Tuesday, it is hoped that the ordeals...

PUBLISHED Aug 13, 2020 05:50 AM
VIRUS OUTBREAK

SIA offers cabin crew voluntary release scheme

GRAPPLING with a dearth of travel demand, Singapore Airlines (SIA) is offering its...

PUBLISHED Aug 13, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

With Sabana Reit merger in question, will ESR move on to next target?

AN observer to the tussle between ESR-Reit and activist unitholders at Sabana Reit has...

PUBLISHED Aug 13, 2020 05:50 AM

Teckwah's biggest shareholders make cash offer of S$0.65 a share to take company private

A CONSORTIUM formed by the three largest shareholders of Teckwah Industrial...

PUBLISHED Aug 13, 2020 05:50 AM

Sponsor issues notice of breaches to Eagle Hospitality Trust

URBAN Commons (UC), the sponsor of beleaguered Eagle Hospitality Trust (EHT), on...

PUBLISHED Aug 13, 2020 05:50 AM

Centurion, already under pressure, braces for greater impact of Covid-19

DORMITORY operator Centurion Corp is feeling the effects of Covid-19 on its business,...

PUBLISHED Aug 13, 2020 05:50 AM

PropNex's Q2 net profit nearly doubles to S$7.3m

REAL estate agency PropNex posted a net profit of S$7.26 million for the second...

PUBLISHED Aug 13, 2020 05:50 AM

Higher gold prices push gold mining stocks up; M&A activity expected

GOLD prices recently hit an all-time high above US$2,000 an ounce, but gold miners may...

PUBLISHED Aug 13, 2020 05:50 AM

DBS Vickers fends off competition with scale and ambition

AS competition in the brokerage space heats up, with new online players entering the...

PUBLISHED Aug 13, 2020 05:50 AM
HOT STOCKS

Medtecs soars 44.6% after strong H1 results

SHARES of Medtecs International Corporation surged 44.6 per cent on Wednesday, a day...

PUBLISHED Aug 13, 2020 05:50 AM

SGX-listed glove makers nosedive on vaccine news, profit-taking

SHARES of the trio of Singapore-listed glove names - Top Glove, Riverstone Holdings...

PUBLISHED Aug 13, 2020 05:50 AM

Corporate digest

SINGAPORE Technologies Engineering announced on Wednesday that Lim Serh Ghee, current...

PUBLISHED Aug 13, 2020 05:50 AM
STOCKS

Straits Times Index inches up 0.75% to 2,563.20

THE Straits Times Index (STI) inched up 0.75 per cent to 2,563.20 on Wednesday, but...

PUBLISHED Aug 13, 2020 05:50 AM
CURRENCIES

US dollar slips as stimulus impasse halts rebound

THE US dollar slipped on Wednesday as political wrangling over a stimulus package for...

PUBLISHED Aug 13, 2020 05:50 AM

REAL ESTATE

SINGAPORE PROPERTY

Condo, HDB rents in July see first uptick since February

IT was a mixed picture for Singapore's rental housing market - while rents for HDB...

PUBLISHED Aug 13, 2020 05:50 AM

More than 7,800 HDB BTO flats in 8 estates launched in combined sales exercise

HOME seekers who could not apply for a Build-to-Order (BTO) flat in May now have...

PUBLISHED Aug 13, 2020 05:50 AM

Airbnb close to filing for IPO after travel rebound

AIRBNB plans to file paperwork for a stock market listing in the next few weeks paving...

PUBLISHED Aug 13, 2020 05:50 AM

More wealthy Hong Kong citizens buying UK properties

OVER the decades, the wealthy in Hong Kong have purchased London apartments as...

PUBLISHED Aug 13, 2020 05:50 AM

London trophy apartment sells for £18.6m after hefty 26% discount

IT'S A buyer's market for trophy homes in central London these days. A Mayfair...

PUBLISHED Aug 13, 2020 05:50 AM

BANKING & FINANCE

Chinese banks move to comply with US sanctions on HK officials

CHINA'S largest state-run banks operating in Hong Kong are taking tentative steps to...

PUBLISHED Aug 13, 2020 05:50 AM

ABN Amro cuts a third of investment bank after virus losses

ABN Amro Bank NV will cut its investment bank by about a third and shut down lending...

PUBLISHED Aug 13, 2020 05:50 AM

SoftBank-backed KE set to raise US$2.1b in US IPO

KE Holdings Inc, a Chinese online property platform backed by Softbank Group Corp and...

PUBLISHED Aug 13, 2020 05:50 AM

ENERGY & COMMODITIES

Occidental's lone Permian rig shows severity of shale bust

OCCIDENTAL Petroleum Corp will have just a single oil rig in the Permian Basin in the...

PUBLISHED Aug 13, 2020 05:50 AM

TECHNOLOGY

Apple on cusp of US$2t milestone, defying global pandemic

APPLE is on the verge of becoming the first US$2 trillion American company following a...

PUBLISHED Aug 13, 2020 05:50 AM

Covid-era gaming surge sends Tencent's sales past estimates

TENCENT Holdings Ltd has expanded its gaming empire - already the world's largest - in...

PUBLISHED Aug 13, 2020 05:50 AM

CONSUMER

Temasek, Bayer form new company to sell seeds to vertical farms

SINGAPORE'S Temasek Holdings Pte and Bayer AG have formed a new company that will...

PUBLISHED Aug 13, 2020 05:50 AM

New York accuses egg producer of price gouging in pandemic

ONE of the nation's largest egg producers has been accused by New York authorities of...

PUBLISHED Aug 13, 2020 05:50 AM

TRANSPORT

Cathay sees low passenger demand, stronger cargo after record loss

HONG KONG'S Cathay Pacific Airways Ltd warned that it did not expect a meaningful...

PUBLISHED Aug 13, 2020 05:50 AM

Australia detains cargo ships for alleged labour abuse

AUSTRALIAN authorities detained at least two cargo ships for alleged labour violations...

PUBLISHED Aug 13, 2020 05:50 AM

GOVERNMENT & ECONOMY

UK suffers worst recession on record

THE United Kingdom suffered more than any major European economy during the...

PUBLISHED Aug 13, 2020 05:50 AM
LATEST US DATA

US consumer prices accelerate in July

US consumer prices rose in July by more than expected on a jump in auto and apparel...

PUBLISHED Aug 13, 2020 05:50 AM

Biden picks Harris as White House running mate

DEMOCRATIC presidential candidate Joe Biden on Tuesday picked Senator Kamala Harris as...

PUBLISHED Aug 13, 2020 05:50 AM

LIFE & CULTURE

Giving back to communities

AS leaders here call for unity amid the Covid-19 pandemic, Singaporeans have been...

PUBLISHED Aug 13, 2020 05:50 AM

It's (almost) business as usual at the Salzburg Festival

A VISIT to the Salzburg Festival has been a summer tradition for Jos Baeck for nearly...

PUBLISHED Aug 13, 2020 05:50 AM

OPINION

EDITORIAL

Global firms face heightened risk dealing with fallout in US-China ties

JINGOISM is fast becoming a key risk for many businesses, particularly those with a...

PUBLISHED Aug 13, 2020 05:50 AM

Being a heartbeat away from the US presidency

POLITICAL pundits will tell you, and most historians would agree, that choosing a...

PUBLISHED Aug 13, 2020 05:50 AM

America's testing failure means it is still flying blind

US NATIONAL income and output in the first quarter of 2020 was 1.25 per cent below...

PUBLISHED Aug 13, 2020 05:50 AM

A more robust sponsor-based regime for Catalist is needed

LAUNCHED in November 2007, the sponsor-based Catalist board welcomed its first sponsor...

PUBLISHED Aug 13, 2020 05:50 AM

AI/ML : Steroid of choice for smart warehouses

A SURGE in online orders during the stay-at-home restrictions due to Covid-19 may have...

PUBLISHED Aug 13, 2020 05:50 AM

Brent Scowcroft's legacy is more relevant than ever right now

BRENT Scowcroft, who died on Aug 6, aged 95, was the model of a modern lieutenant-...

PUBLISHED Aug 13, 2020 05:50 AM

BREAKING NEWS

Aug 13, 2020 06:57 AM

The Rock tops Hollywood pay list as Netflix splurges on A-listers

[LOS ANGELES] Dwayne "The Rock" Johnson has been named Hollywood's top-paid actor for a second year running, heading...

Aug 13, 2020 06:53 AM

US leaves tariffs on Airbus aircraft unchanged at 15%

[WASHINGTON] The US government on Wednesday said it would maintain 15 per cent tariffs on Airbus aircraft and 25 per...

UPDATED 16 min ago
Aug 13, 2020 06:51 AM

Law could idle operations in California: Uber chief

[SAN FRANCISCO] Being forced to classify drivers as employees could temporarily idle Uber operations in its home...

Aug 13, 2020 06:49 AM

R Kelly associates charged with intimidating singer's accusers

[NEW YORK] US federal prosecutors on Wednesday announced the arrests of three alleged associates of R Kelly, saying...

Aug 13, 2020 06:47 AM

France sees most new daily virus cases since May

[PARIS] More than 2,500 new coronavirus cases were registered in France in 24 hours in the sharpest increase since...

Aug 13, 2020 06:46 AM

Mnuchin accuses Democrats of playing politics on US aid deal

[WASHINGTON] US Treasury Secretary Steven Mnuchin on Wednesday accused Democratic leaders in Congress of playing...