TOP STORIES
Prudential Singapore sues former top manager for up to S$2.5b
PRUDENTIAL Assurance Co Singapore is suing its former top agency manager Peter Tan...
Discretionary portfolios finding favour with Bank of Singapore clients
BANK of Singapore is seeing a surge in interest from clients in discretionary...
Best World gets SGX nod on expanded independent review
BEST World International said the scope of its expanded independent review has been...
Singapore firm budgets up to S$15m for a full smart factory
AMID manufacturing headwinds, Fong's Engineering and Manufacturing is prepared to...
IMF: Singapore's financial sector oversight among world's best, but 2019 growth outlook is weaker
THE International Monetary Fund (IMF) has reaffirmed Singapore's financial sector...
A-G flags lapses in procurement, contracts and IT controls at Singapore public agencies
WEAKNESSES in IT controls, as well as irregularities in procurement and contract...
Will it be one, two or three for 5G?
SINGAPORE telecom operators are divided on the regulator's plans for a 5G network...
EU registering protection for F&B goods as FTA with Singapore nears
WITH the EU-Singapore free trade agreement (EUSFTA) set to come into force by the end...
Indon VAT on online products and services
INDONESIA is drafting new rules to impose value-added tax (VAT) to online products and...
STOCKS
Malaysia: Shares open lower on Wednesday
MALAYSIA share prices opened lower on Wednesday with the FTSE Bursa Malaysia Kuala...
COMPANIES & MARKETS
Student accommodation sector in UK a bright spot in gloomy times
DESPITE lingering uncertainties around Brexit, the purpose built student accommodation...
Corporate digest
MAINBOARD-listed Tiong Seng Holdings will acquire the remaining 56 per cent interest...
Utico says Hyflux rescue deal may be worth up to S$535 million
THE deal that embattled water treatment company Hyflux and its potential white knight...
Mixed earnings at large US banks as Fed rate cut looms
JPMORGAN Chase reported record quarterly profits on Tuesday behind strong consumer...
Retail tranche for Prime US Reit IPO set at 40.9m units
THE manager of Prime US Reit has set aside about 40.9 million units of its initial...
Keppel-KBS US Reit posts Q2 DPU of 1.5 US¢
AN enlarged number of units from a rights issue, which outweighed contributions from...
Memtech's proposed delisting gets SGX nod
THE Singapore Exchange (SGX) has approved the proposed delisting of Memtech...
New UOB initiative to push for greater inclusive hiring
UNITED Overseas Bank (UOB) has launched a new initiative to help more companies in...
Data lull sees quiet day on Singapore bourse
LACKING fresh catalysts, there was little impetus in the local equity market for a...
Brokers' take
Keppel Reit, which released Q2 FY 2019 earnings after Monday's market close, declared...
Higher chance of no-deal Brexit sends sterling to 27-mth low
STERLING plunged to a 27-month low against the dollar on Tuesday and hit new six-month...
REAL ESTATE
Sembawang site put up for sale to pilot dementia-care village
THE Urban Redevelopment Authority (URA), on behalf of the Ministry of Health (MOH),...
GCB to be auctioned in mortgagee sale with guide price of S$42m
A GOOD Class Bungalow (GCB) at 80 Belmont Road will be auctioned next week in a...
Singapore Shopping Centre on en bloc market with S$255m reserve price
SINGAPORE Shopping Centre has put itself on the collective sale market with a reserve...
London mayor rejects plan for towering Tulip building
THE mayor of London rejected a proposal by billionaire Joseph Safra to build a 305-...
Indian real-estate developers at risk as credit dries up
INDIAN real estate developers are at risk of going belly-up as mounting stress in the...
BANKING & FINANCE
ECB may mull over bank-bond buying
EUROPE'S bond investors are starting to ask whether the European Central Bank (ECB)...
Turkey's new central banker maps out rate cuts
TURKEY'S new central bank governor ended days of silence since his surprise...
Saudi wealth fund buys 40% stake in JV from Aramco, Jacobs
SAUDI Arabia's sovereign wealth fund has acquired a 40 per cent stake in a joint...
ENERGY & COMMODITIES
Oil market crisis looks averted - for now
AS RECENTLY as a year ago, the oil market was in a panic about changes to the kind of...
China promises iron ore 'market order' in meeting with steel mills
CHINA'S government promised it will keep "order" in the iron ore market at a meeting...
Apex making its mark in palm oil futures trading
PALM oil futures have been trading on Singapore's Asia Pacific Exchange (Apex) for...
Malaysia to challenge EU palm oil curbs at WTO
MALAYSIA will lodge a complaint with the World Trade Organization over the European...
TECHNOLOGY
Alphabet unveils app to provide air-traffic control for drones
THE company that brought you free digital maps and email wants to do the same thing...
Facebook needs 'very high standard' for Libra coin: Mnuchin
FACEBOOK will need to meet "a very high standard" before it moves ahead with its...
CONSUMER
Amazon workers go on strike as 'Prime Day' shopping frenzy hits
AMAZON workers walked out of a main distribution centre in Minnesota on Monday,...
Demand for new designer's ranges lifts Burberry sales and shares
STRONG demand for designer Riccardo Tisci's new fashion ranges helped revenue at...
Irn-Bru maker AG Barr sinks on profit warning
BRITISH soft drinks maker AG Barr warned profits would fall by as much as a fifth this...
TRANSPORT
Critical cruising questions
ABOUT 30 million people are expected to take a cruise somewhere in the world this year...
Pakistan reopens airspace to civil aviation after months of restrictions following India standoff
PAKISTAN reopened its airspace to civil aviation on Tuesday following months of...
Ryanair pares plans as Boeing Max crisis hits 2020 airline growth
RYANAIR Holdings Plc became the first airline to scale back growth plans for next...
Nissan bets on new driverless sports car to heal image after Ghosn scandal
NISSAN Motor Co unveiled a new version of its Skyline sports sedan, adding the...
India planning roadshows for Air India sale: sources
INDIA is considering inviting expressions of interest to sell Air India Ltd by the end...
GOVERNMENT & ECONOMY
China refutes Trump's 'misleading' comments
CHINA on Tuesday rebuffed a suggestion from US President Donald Trump that Beijing...
S Korea accuses Japan of 'lukewarm' stand on N Korea
RELATIONS between US allies South Korea and Japan deteriorated on Tuesday with South...
Body to broaden ties between Singapore and Vietnam businesses
THE Singapore Business Federation (SBF) and the Vietnam Chamber of Commerce and...
HK retailers forecast sharp drop in sales as protests rock city
HONG Kong retailers said on Tuesday they expect sales for July and August to drop by...
Malaysian MPs back lowering voting age to 18
MALAYSIA'S parliament on Tuesday backed lowering the voting age from 21 to 18, a...
LIFE & CULTURE
Skull bone in Greece may alter story of human pre-history
A SKULL fragment found in the roof of a cave in southern Greece is the oldest fossil...
LVMH to buy minority stake in Stella McCartney
FRENCH luxury and fashion giant LVMH will buy a minority stake in Stella McCartney's...
Spider-Man tops US box office for second week
SPIDER-MAN: Far From Home beat back competition from two debut films at the North...
EXECUTIVE MONEY
Long-short funds: Long on complexity, short on returns
IF RUBE GOLDBERG had been a portfolio manager, instead of a cartoonist renowned for...
2019 has been good - but can it last?
ASSET markets rebounded strongly in the first half of 2019, following a poor 2018....
Lower rates might hurt the dollar but boost gold
EVERYWHERE, it seems, the world has been steeped in turbulence and strife, and that...
OPINION
From political heroines to villains, then victims
THE four freshmen minority Democratic lawmakers in the news this week were first...
Gender diversity key to improving corporate governance
GENDER diversity has become an increasingly relevant topic in the international...
Shooting the messenger and more - behind the sorry Kim Darroch saga
IN yet another example of how the presidency of Donald Trump has become fodder for...
Singapore's hook as a site for corporate treasuries
IN the first half of this year, numerous geopolitical events highlighted the...
Could Canada provide a Brexit breakthrough for the UK?
THE EU and Canada begin a two-day summit in Montreal on Wednesday. Centrestage in the...
Energiewende - tackling climate change with new opportunities in business and development
ALTHOUGH German is the language spoken by the highest number of native speakers in the...
BREAKING NEWS
Miners, financials lift Australian shares; NZ flat
[BENGALURU] Australian shares finished higher on Wednesday, thanks to a surge in BHP Group stock after the world's...
CCT to lease out entire 21 Collyer Quay office tower to WeWork after HSBC moves out
[SINGAPORE] CapitaLand Commercial Trust (CCT) will lease out 21 Collyer Quay, a 21-storey building in Singapore's...
Thailand shies away from rate cut in tussle with mighty baht
[BANGKOK] The Bank of Thailand (BOT) reiterated its concern about the baht's persistent strength on Wednesday, but...
Swedbank slashes dividend as Baltic dirty-money probes drag on
[COPENHAGEN] Swedbank acknowledged it will no longer be able to live up to its goal of paying out one of the highest...
Tokyo: Stocks close lower as trade optimism fades
[TOKYO] Tokyo stocks closed lower on Wednesday tracking falls on Wall Street, as optimism over US-China trade talks...
Wall Street's biggest banks turn offices into summer camps for teen coders
[NEW YORK] For the next three weeks, the offices of Wall Street's biggest banks are becoming summer camps for coders...
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