TOP STORIES

WUHAN VIRUS OUTBREAK

Singapore-listed companies with China exposure feel the heat

THE shares of Singapore-listed companies with exposure to China were hit on Tuesday,...

PUBLISHED Jan 29, 2020 05:50 AM
WUHAN VIRUS OUTBREAK

Sars-era injection may be what the doctor orders

ECONOMY watchers are holding up Singapore's S$230 million Sars (Severe acute...

PUBLISHED Jan 29, 2020 05:50 AM
WUHAN VIRUS OUTBREAK

Wuhan virus contagion pummels Asian markets

ASIAN equity markets returning from the Chinese New Year (CNY) break joined others in...

PUBLISHED Jan 29, 2020 05:50 AM
WUHAN VIRUS OUTBREAK

Beijing in shutdown mode as fears grip locals

DESERTED streets, quiet markets and near-empty shopping malls. Beijing's thousands of...

PUBLISHED Jan 29, 2020 05:50 AM
WUHAN VIRUS OUTBREAK

MOM to reject all new work pass applications for foreign workers from Hubei

THE Ministry of Manpower (MOM) will reject all new work pass applications for foreign...

PUBLISHED Jan 29, 2020 05:50 AM
WUHAN VIRUS OUTBREAK

Wuhan virus fears put squeeze on travel sector

AS FEARS stemming from the Wuhan virus outbreak put a damper on traffic to and from...

PUBLISHED Jan 29, 2020 05:50 AM
SINGAPORE BUDGET 2020

More help for seniors to lead active lives: Indranee

BUDGET 2020 will see the government offering more incentives to encourage voluntary...

PUBLISHED Jan 29, 2020 05:50 AM
OPINION

New rules to navigate financial world powered by AI and automation

AS Industry 4.0 technologies become a growing reality in today's business landscape,...

PUBLISHED Jan 29, 2020 05:50 AM

COMPANIES & MARKETS

NEW IPO

Elite Commercial Reit prices units at £0.68 or S$1.21 each

ELITE Commercial Reit braved the choppy market to launch its initial public offering (...

PUBLISHED Jan 29, 2020 05:50 AM
HYFLUX SAGA

Hyflux's white knight proposes changes to pot for adviser fees prior to court hearing

AHEAD of an upcoming court hearing, Hyflux's white knight Utico has adopted a carrot-...

PUBLISHED Jan 29, 2020 05:50 AM

Mapletree Logistics Trust plans 22.2b yen acquisition of Japan facility

MAPLETREE Logistics Trust (MLT) is looking to acquire an effective interest of 98.47...

PUBLISHED Jan 29, 2020 05:50 AM

Global Invacom expects Shanghai ops closure to incur losses of up to US$10.5m

MAINBOARD-LISTED Global Invacom will recognise one-off losses of between US$9.5...

PUBLISHED Jan 29, 2020 05:50 AM
HOT STOCKS

Sasseur Reit drops 10.3% after closures at China malls to guard against virus

UNITS of Sasseur Real Estate Investment Trust (Sasseur Reit) units sank on Tuesday...

PUBLISHED Jan 29, 2020 05:50 AM

Medical plays, glove makers soar as Wuhan virus fears spread

WITH deaths from the Wuhan coronavirus tripling over the weekend and confirmed cases...

PUBLISHED Jan 29, 2020 05:50 AM

China calls for investors to assess epidemic 'rationally'

CHINA'S top securities regulator said that investors should evaluate the impact of the...

PUBLISHED Jan 29, 2020 05:50 AM

Corporate digest

CATALIST-LISTED Transcorp Holdings on Jan 17 signed a non-binding letter of intent...

PUBLISHED Jan 29, 2020 05:50 AM
STOCKS

STI sees red on its return from the holidays

IT WASN'T much of a "welcome back" for the local equity market, which faced a vicious...

PUBLISHED Jan 29, 2020 05:50 AM
CURRENCIES

Euro falls to 33-month low vs Swiss franc on China virus fears

THE euro fell to a 33-month low against the Swiss franc on Tuesday as concerns about...

PUBLISHED Jan 29, 2020 05:50 AM

REAL ESTATE

US new home sales fall unexpectedly in December

SALES of new US single-family homes fell unexpectedly in December, likely held down by...

PUBLISHED Jan 29, 2020 05:50 AM

Ukraine's richest man buys French villa for 200m euros

RINAT Akhmetov, Ukraine's richest man, has emerged as the buyer of the historic Villa...

PUBLISHED Jan 29, 2020 05:50 AM

UK banks approve most mortgages since 2015

BRITISH banks approved the highest number of mortgages in more than four years in...

PUBLISHED Jan 29, 2020 05:50 AM

New York apartment building sales plunge

SALES of New York City apartment buildings tumbled to near-decade lows last year,...

PUBLISHED Jan 29, 2020 05:50 AM

CONSUMER

WHO chief confident about China's ability to contain virus

THE head of the World Health Organization (WHO) said on Tuesday that he is confident...

PUBLISHED Jan 29, 2020 05:50 AM

Washington Post suspends reporter for Kobe Bryant tweet

THE Washington Post suspended one of its reporters, Felicia Sonmez, after she posted...

PUBLISHED Jan 29, 2020 05:50 AM

Outbreak may disrupt iPhone plans

APPLE Inc's plan to ramp up iPhone production by 10 per cent in the first half of this...

PUBLISHED Jan 29, 2020 05:50 AM

Philips to sell off domestic appliances business

DUTCH health technology company Philips is looking to sell its domestic appliances...

PUBLISHED Jan 29, 2020 05:50 AM

TRANSPORT

STRAIT TALK

Piracy is still an unacceptable reality

HERE we go again. New year, new attacks on shipping and crews.

PUBLISHED Jan 29, 2020 05:50 AM

Renewed push in Nissan to get Renault to cut its stake

A PROPOSAL is being floated at Nissan Motor Co for the company to revive efforts to...

PUBLISHED Jan 29, 2020 05:50 AM

Airbus agrees to settle bribery cases for about US$3b

AIRBUS SE reached an agreement to settle long-running bribery investigations in the UK...

PUBLISHED Jan 29, 2020 05:50 AM

Rolls-Royce B787 engines hit by safety order

ROLLS Royce-Holdings said it's swapping out more than 30 Boeing 787 engines amid...

PUBLISHED Jan 29, 2020 05:50 AM

GOVERNMENT & ECONOMY

UK gives Huawei partial role in 5G network despite US push for total ban

BRITAIN will let Huawei Technologies play a limited role in building the country's...

PUBLISHED Jan 29, 2020 05:50 AM

Abe sticks with reflationist balance on BOJ board

PRIME Minister Shinzo Abe kept the number of reflationists on the Bank of Japan (BOJ)...

PUBLISHED Jan 29, 2020 05:50 AM

New Zealand sets polling date on Sept 19

NEW Zealanders will go to polls on Sept 19 to decide on a second term for Prime...

PUBLISHED Jan 29, 2020 05:50 AM

LIFE & CULTURE

GIVING BACK

Make your hongbao green - recycle the empty red packets

HOW was your hongbao harvest this year? You probably "earned" a few hundred dollars...

PUBLISHED Jan 29, 2020 05:50 AM

Hana Financial Group to sponsor first Singapore Women's golf open in November

SINGAPORE'S women professional golfers, for so long restricted to just the HSBC Women'...

PUBLISHED Jan 29, 2020 05:50 AM

WEALTH & INVESTING

Wuhan virus: More short-term pain but lasting damage unlikely

RISING concerns over an outbreak of a deadly coronavirus originating from Wuhan, China...

PUBLISHED Jan 29, 2020 05:50 AM

UBP posts strong performance in Asian business

UNION Bancaire Privee (UBP) posted a strong set of results in its Asian operations in...

PUBLISHED Jan 29, 2020 05:50 AM

World's pile of negative debt surges the most since 2016 amid health scare

THE global rush for safer assets has fuelled a huge jump in the world's stockpile of...

PUBLISHED Jan 29, 2020 05:50 AM

OPINION

EDITORIAL

Singapore must continue to ensure social mobility for better growth

SINGAPORE is the only Asian country, apart from Japan, which made it to the Top 20 of...

PUBLISHED Jan 29, 2020 05:50 AM

Humans created the coronavirus epidemic

THE latest scary new virus that has captured the world's horrified attention, caused a...

PUBLISHED Jan 29, 2020 05:50 AM
THE BOTTOM LINE

Making diversity part of 'everyday' business

THANKS to globalisation, the world around us is growing ever more ethnically and...

PUBLISHED Jan 29, 2020 05:50 AM

Reflections on Singapore's 20-year corporate governance journey

IT HAS been 20 years since the establishment of the first Corporate Governance...

PUBLISHED Jan 29, 2020 05:50 AM

China has a major soft power problem in Asia

THREE recent opinion polls on Asian views of China as a major power show China's...

PUBLISHED Jan 29, 2020 05:50 AM

BREAKING NEWS

Jan 29, 2020 11:21 AM

Asia: Hong Kong tanks at reopen on virus fear but most markets bounce

[HONG KONG] Hong Kong stocks plunged on Wednesday as investors in the city returned from their Lunar New Year break...

Jan 29, 2020 11:08 AM

Sunseap secures S$50m from Temasek, private equity fund for solar projects

SUNSEAP Group has secured S$50 million in funding from Singapore state investment firm Temasek and Asia-focused...

Jan 29, 2020 10:24 AM

Australia: Shares tick higher on financials, tech

[BENGALURU] Australian shares tracked broader Asia to trade higher on Wednesday, with financial and technology...

Jan 29, 2020 10:18 AM

Australia to help some citizens leave China, quarantine them on Christmas Island

[MELBOURNE] Australia will help some citizens leave Hubei province in China, the epicentre of the coronavirus...

Jan 29, 2020 10:14 AM

South Korea's Jan exports seen falling faster on Lunar New Year, coronavirus to add strains: poll

[SEOUL] South Korea's exports are expected to fall at a faster pace in January, mainly due to fewer working days...

Jan 29, 2020 09:50 AM

Kobe Bryant's body identified among helicopter crash victims

[LOS ANGELES] Medical examiners identified the body of NBA legend Kobe Bryant after recovering the remains of all...

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