TOP STORIES

BT EXCLUSIVE

SGX to propose scrapping rule on minimum trading price: sources

SINGAPORE Exchange Regulation (SGX RegCo) plans to seek public feedback on a proposal...

PUBLISHED Jul 19, 2019 05:50 AM

The challenge of upward mobility

ONWARDS and upwards. We assume, as we have historically seen, that each generation...

PUBLISHED Jul 19, 2019 05:50 AM
PRUDENTIAL LAWSUIT

Defence questions witness' loss estimate from Prudential agents' mass defection

DEFENCE lawyers on Thursday questioned expert estimates of the future profits...

PUBLISHED Jul 19, 2019 05:50 AM
STARTUPS

NY-listed 8x8 pays US$125m for Singapore-based Wavecell

WAVECELL, a privately held communications platform-as-a-service (CPaaS) provider based...

PUBLISHED Jul 19, 2019 05:50 AM
STARTUPS

Ho Chi Minh City joins network of innovation hubs

STARTUPS in Singapore hoping to tap into Vietnam's emerging innovation scene can now...

PUBLISHED Jul 19, 2019 05:50 AM

NTU, Rolls-Royce to deepen ties in Phase 2 of corporate lab

AS the global aviation sector continues to take off, innovations that will be...

PUBLISHED Jul 19, 2019 05:50 AM

COE supply for Aug-Oct to shrink significantly

VEHICLE buyers will be in for a sizeably smaller supply of certificates of entitlement...

PUBLISHED Jul 19, 2019 05:50 AM
CENTRAL BANK MOVES

Indonesia pledges more rate cuts as it moves to spur growth

INDONESIA'S central bank cut its benchmark interest rate for the first time in almost...

PUBLISHED Jul 19, 2019 05:50 AM
CENTRAL BANK MOVES

Bank of Korea cuts interest rate as growth slows amid trade risks

THE Bank of Korea (BOK) unexpectedly cut its benchmark interest rate as it slashed...

PUBLISHED Jul 19, 2019 05:50 AM

Singapore 'Fort Knox' maximum-security vault said to be up for sale

ASIA'S "Fort Knox", a private, maximum-security vault in Singapore, is up for sale....

PUBLISHED Jul 19, 2019 05:50 AM

COMPANIES & MARKETS

Keppel Q2 profit drops 38.4% in absence of project en bloc sales

KEPPEL Corporation posted a 38.4 per cent drop in net profit to S$153.4 million for...

PUBLISHED Jul 19, 2019 05:50 AM

SATS Q1 net slips 14.4% on macro headwinds

A WEAKER global economy put a dent in airport and food services provider SATS' first-...

PUBLISHED Jul 19, 2019 05:50 AM

Investor offers S$48m convertible loan to TT International instead of assets buy

SEYCHELLES-INCORPORATED firm Celestial Palace will be investing in TT International,...

PUBLISHED Jul 19, 2019 05:50 AM
STOCKS

Asia markets dip on growth concerns

DIMMING economic outlooks and poor earnings from Wall Street blue chips gave investors...

PUBLISHED Jul 19, 2019 05:50 AM

Brokers' take

CapitaLand Commercial Trust (CCT) announced its Q2 2019 results which met our...

PUBLISHED Jul 19, 2019 05:50 AM
CURRENCIES

Dollar falls for a second day on US rate cut bets

THE dollar slipped for a second day against its rivals on Thursday on the back of...

PUBLISHED Jul 19, 2019 05:50 AM

Frenzy over SembMarine shares fizzles out day after near 8% gain

SEMBCORP Marine (SembMarine) shares eased off on Thursday following a frenetic rise in...

PUBLISHED Jul 19, 2019 05:50 AM

Corporate digest

TRIYARDS Marine Services has been ordered to wind up, upon the application by its...

PUBLISHED Jul 19, 2019 05:50 AM

REAL ESTATE

Beauty World Plaza's second en bloc try ends with no takers

BEAUTY World Plaza's second en bloc attempt at an unchanged reserve price of S$165...

PUBLISHED Jul 19, 2019 05:50 AM

Cromwell E-Reit completes 80.3m euro purchase of 3 French office properties

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has completed the...

PUBLISHED Jul 19, 2019 05:50 AM

Australia's LendLease bags Google project worth US$15b

AUSTRALIA'S LendLease Group on Thursday said it secured a contract with Alphabet's...

PUBLISHED Jul 19, 2019 05:50 AM

BANKING & FINANCE

SGX-backed CapBridge partners Hana Financial to extend reach in S Korea

CAPBRIDGE, a private capital platform backed by the Singapore Exchange (SGX), has...

PUBLISHED Jul 19, 2019 05:50 AM

Japan urges G7 to think beyond existing rules in dealing with Libra

JAPANESE Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a...

PUBLISHED Jul 19, 2019 05:50 AM

UBS unveils 3rd edition of Future of Finance Challenge contest in Singapore

UBS has launched its Future of Finance Challenge competition for the Asia-Pacific...

PUBLISHED Jul 19, 2019 05:50 AM

ENERGY & COMMODITIES

Does renewables pioneer Germany risk running out of power?

GERMANY, a poster child for responsible energy, is renouncing nuclear and coal. The...

PUBLISHED Jul 19, 2019 05:50 AM

China Energy to expand ultra-low emission coal-fired power: official

CHINA Energy Group, the country's biggest power generator, will add more than 6...

PUBLISHED Jul 19, 2019 05:50 AM

PES refinery expected to shut remaining units as crude dwindles: sources

THE Philadelphia Energy Solutions (PES) refinery, the oldest and largest on the US...

PUBLISHED Jul 19, 2019 05:50 AM

Orangutan numbers drop 30% in M'sian palm oil estate forests: WWF

ORANGUTAN populations in forest patches found in oil palm estates in the eastern...

PUBLISHED Jul 19, 2019 05:50 AM

TECHNOLOGY

Japan has become 'developing country' in AI race: SoftBank

SOFTBANK Group Corp founder and chief executive Masayoshi Son said on Thursday that...

PUBLISHED Jul 19, 2019 05:50 AM
ANALYSIS

Japan-Korea spat spurs worries of 'never seen before' chip price spike

MEMORY chip spot prices have risen for the first time this year, indicating grim...

PUBLISHED Jul 19, 2019 05:50 AM

Netflix shares plunge as global growth falls short

NETFLIX Inc said on Wednesday it lost US streaming customers for the first time in...

PUBLISHED Jul 19, 2019 05:50 AM

CONSUMER

Dean & DeLuca battles to survive as sales fall

DEAN & DeLuca, the gourmet grocer whose trend-setting New York store introduced...

PUBLISHED Jul 19, 2019 05:50 AM

South-east Asia's meth gangs making US$60b a year: UN study

SOUTH-EAST Asia's drug gangs are making over US$60 billion a year pumping out record...

PUBLISHED Jul 19, 2019 05:50 AM

TRANSPORT

United pushes Boeing for '797' decision as Max crisis drags on

UNITED Airlines prodded Boeing for details on a proposed new jetliner for middle-...

PUBLISHED Jul 19, 2019 05:50 AM

Truckmaker Volvo lifts market forecast amid higher deliveries

SWEDEN'S Volvo raised its market forecasts for North America and Europe on Thursday,...

PUBLISHED Jul 19, 2019 05:50 AM

Indonesia's Astra bets on Gojek as car sales dive

ASTRA International, Indonesia's largest automobile distributor, on Thursday launched...

PUBLISHED Jul 19, 2019 05:50 AM

Self-driving tech slams into wall of human behaviour

A YEAR ago, Detroit and Silicon Valley had visions of putting thousands of self-...

PUBLISHED Jul 19, 2019 05:50 AM

GOVERNMENT & ECONOMY

Sunny outlook for US economy despite shade thrown by trade

THE US economy grew at a "modest" rate in recent weeks, with consumers continuing to...

PUBLISHED Jul 19, 2019 05:50 AM

Japan's June exports fall 6.7% for 7th straight decline

JAPAN'S exports fell for a seventh straight month in June, pressured by Sino-US trade...

PUBLISHED Jul 19, 2019 05:50 AM

33 people die in arson attack on studio in Japan

THIRTY-THREE people died after an arson attack on a Japanese animation studio on...

PUBLISHED Jul 19, 2019 05:50 AM

Malaysian police say political leader behind videos

MALAYSIAN police on Thursday said a leader of a political party was behind videos...

PUBLISHED Jul 19, 2019 05:50 AM

LIFE & CULTURE

Pharrell Williams' manga mania

PHARRELL Williams has found a happy place for his inner child, and it's a manga-style...

PUBLISHED Jul 19, 2019 05:50 AM

Fostering a shared sense of purpose

EXCHANGING life wisdom with a senior through a curated conversation menu; playing a...

PUBLISHED Jul 19, 2019 05:50 AM

Fashion for hire: Americans go for rental services

REMEMBER when you bought an expensive evening gown for an event, only to ever wear it...

PUBLISHED Jul 19, 2019 05:50 AM

OPINION

How to make innovation work

ASK any business leader what keeps her or him awake at night, and you will hear...

PUBLISHED Jul 19, 2019 05:50 AM
THE BOTTOM LINE

Gold is making a comeback to the world financial system

LAST year, 22 central banks, situated largely to the east of Germany, bought the...

PUBLISHED Jul 19, 2019 05:50 AM
EDITORIAL

Regulators must begin to gauge challenges FB's Libra may raise

FACEBOOK'S recent announcement that it would launch a digital coin called Libra is...

PUBLISHED Jul 19, 2019 05:50 AM

China's tech giants use Internet to deliver smart health services

THE Chinese health service industry is growing fast. According to recent projections,...

PUBLISHED Jul 19, 2019 05:50 AM
COMMENTARY

Don't fight artificial intelligence, work with it instead

OCBC Bank recently became the first company in Singapore to offer scholarships to...

PUBLISHED Jul 19, 2019 05:50 AM
COMMENTARY

Will the global debt bomb explode again in an era of low interest rates?

DEBT is the crux of the matter. If you want to understand what makes the world...

PUBLISHED Jul 19, 2019 05:50 AM

Lifestyle

Classy omakase by female chef

WHEN the cat's away, the mice - come out and open their own restaurant?

PUBLISHED Jul 19, 2019 05:50 AM

Helpful words that demystify wine appreciation

FEW things are as maddening or as elusive as trying to convey the character of a wine...

PUBLISHED Jul 19, 2019 05:50 AM

The Frequent Flyers

Some people live to eat. Now meet the man whose mission is to eat at all the best...

PUBLISHED Jul 19, 2019 05:50 AM

Takashi Murakami, Artist

FANS STARTED QUEUEING as early as 6am on Saturday, the first day of the Takashi...

PUBLISHED Jul 19, 2019 05:50 AM

Clash Of The Football Titans

Time to cast away the football blues as Premier League giants Manchester United and...

PUBLISHED Jul 19, 2019 05:50 AM

Indie Sounds

The Observatory is coming out of hibernation to play BlackKajiXtra – Nusasonic, a...

PUBLISHED Jul 19, 2019 05:50 AM

Twinkle Stars

Gems, jewels and stone are set to dazzle you at Singapore’s largest jewelry showcase,...

PUBLISHED Jul 19, 2019 05:50 AM

Beach Party

It’s time to fire up the barbie on Siloso Beach, as the Sentosa GrillFest returns,...

PUBLISHED Jul 19, 2019 05:50 AM

Special Feature: The Art Of Travelling In Style

AS THE MANAGING director for Insight Vacations and Luxury Gold in Asia, Anthony Lim...

PUBLISHED Jul 19, 2019 05:50 AM

Chefs' Top Tables

Here’s something to know about Tristin Farmer. The frequent flyer (once every two...

PUBLISHED Jul 19, 2019 05:50 AM

Spiritual Retreats

When you need an off-the-grid break with all the modern luxury amenities, head for the...

PUBLISHED Jul 19, 2019 05:50 AM

Special Feature: Hotels of Substance

TO the road warrior, a hotel room may just be a place to rest for the night. To the...

PUBLISHED Jul 19, 2019 05:50 AM

The Zen Life

LIKE MOST SINGAPOREANS, the owners of this apartment near River Valley Road love to...

PUBLISHED Jul 19, 2019 05:50 AM

Carlos Acosta’s company makes Singapore debut

CUBAN-BORN BALLET SUPERSTAR Carlos Acosta is set to perform at the Esplanade's annual...

PUBLISHED Jul 19, 2019 05:50 AM

A Great Way to Fly

Eight travel essentials that jet-setters swear by. 

PUBLISHED Jul 19, 2019 05:50 AM

BREAKING NEWS

Jul 19, 2019 08:30 AM

Stocks to watch: Keppel, SATS, Aims Apac Reit, Sabana Reit, GS Holdings

THE following companies saw new developments that may affect trading of their shares on Friday:

Jul 19, 2019 08:17 AM

Pain from Hong Kong protests spreads as luxury brands get hit

[HONG KONG] The impact from the Hong Kong protests is spreading to global luxury retailers, with jewelry and...

Jul 19, 2019 08:17 AM

Tokyo: Stocks open higher on Friday

[TOKYO] Tokyo stocks opened higher on Friday, recouping some of their sharp losses the previous day, after a solid...

Jul 19, 2019 07:09 AM

Court documents tie Trump, Hicks to 2016 hush money payoffs

[WASHINGTON] Court documents released on Thursday closely tied President Donald Trump and his former top aide Hope...

Jul 19, 2019 07:05 AM

US Navy says American sailor missing in Arabian Sea

[WASHINGTON] The US Navy announced on Thursday that it was searching for a US sailor who may have gone overboard...

Jul 19, 2019 07:03 AM

Arnie 'addicted' to Terminator as original Sarah Connor returns for sequel

[SAN DIEGO] Arnold Schwarzenegger will be back for "Terminator: Dark Fate" because he is "addicted" to the killer...

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