Wednesday, Sep 20, 2017

TOP STORIES

Toys 'R' Us files for bankruptcy protection in US

TOYS "R" Us Inc has filed for bankruptcy protection in the United States, but...
PUBLISHED Sep 20, 2017 05:50 AM

BT journalists win SIAS top and special awards

REPORTERS of The Business Times Jamie Lee and Claire Huang were honoured for their...
PUBLISHED Sep 20, 2017 05:50 AM

ASTI enters term sheet to divest units to China-based firm

MAINBOARD-LISTED technology group ASTI Holdings has entered into a non-binding term sheet...
PUBLISHED Sep 20, 2017 05:50 AM

Ageing populations pose challenges but present business opportunities for Asia: Deloitte

AN AGEING population may be a concern and a challenge for many nations, but global...
PUBLISHED Sep 20, 2017 05:50 AM

PM Lee, Premier Li reaffirm long-standing S'pore-China ties

PRIME Minister Lee Hsien Loong and Chinese Premier Li Keqiang reaffirmed the warm and...
PUBLISHED Sep 20, 2017 05:50 AM

US may have to 'totally destroy' North Korea, warns Trump

UNITED States President Donald Trump warned on Tuesday that the US will be forced to...
PUBLISHED Sep 20, 2017 05:50 AM

Malaysia angling for tax revenue from foreign digital-services firms

MALAYSIA is looking to amend tax laws to ensure unregistered foreign digital-services...
PUBLISHED Sep 20, 2017 05:50 AM

CSA to set up academy, signs training MOU

THE Cyber Security Agency of Singapore (CSA) has signed an MOU (memorandum of...
PUBLISHED Sep 20, 2017 05:50 AM

Sunseap bags S$75m investment from listed Thai utility Banpu

MORE funds have poured into solar projects across Asia, as Singapore's Sunseap Group...
PUBLISHED Sep 20, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

US Reits headed here can only be a good thing

IT was certainly good news for the Singapore market when Keppel Capital, the asset...
PUBLISHED Sep 20, 2017 05:50 AM
HOT STOCK

IPC soars, fuelled by proposed hotel, robot firm deals

SHARES in IPC Corporation surged as much as 71 per cent on Tuesday on news of a hotel...
PUBLISHED Sep 20, 2017 05:50 AM
EMERGING ENTERPRISE 2017

Paying Homage to the elderly in Singapore

IN HER first 10 years, Gillian Tee was cared for by elderly people. As a child, she lived...
PUBLISHED Sep 20, 2017 05:50 AM

Chartered accountants body develops sustainability reporting guide

THE Institute of Singapore Chartered Accountants (ISCA) has developed a sustainability...
PUBLISHED Sep 20, 2017 05:50 AM

Corporate digest

THE takeover offer for United Engineers Limited (UEL) closed on Tuesday, but the offer...
PUBLISHED Sep 20, 2017 05:50 AM
EMERGING ENTERPRISE 2017

A-Plus doesn't come easy for this homegrown firm

CARVING out a niche in food and e-commerce has helped A-Plus Automation make a name for...
PUBLISHED Sep 20, 2017 05:50 AM

Keppel Land buying prime site in Jakarta CBD for 586b rupiah

KEPPEL Land is buying a prime spot in Jakarta's central business district, on which...
PUBLISHED Sep 20, 2017 05:50 AM

ST Telemedia unit begins construction of sixth Singapore data centre

ST Telemedia Global Data Centres (STT GDC) has started construction of its sixth data...
PUBLISHED Sep 20, 2017 05:50 AM
STOCKS

STI pulls back as Fed ponders tightening

THE Straits Times Index on Tuesday took its cue from movements in the Dow futures and the...
PUBLISHED Sep 20, 2017 05:50 AM

Brokers' take

Thailand announced new excise taxes, which roughly translate to 1-5 per cent of average...
PUBLISHED Sep 20, 2017 05:50 AM
CURRENCIES

Dollar hits 8-week high against yen as Fed meets

The yen, which gains in times of crisis because Japan is the world's largest...
PUBLISHED Sep 20, 2017 05:50 AM

REAL ESTATE

Ascott eyes nearly 4,700 units in Malaysia by 2023

WITH demand from corporate and leisure travellers for serviced residences growing in...
PUBLISHED Sep 20, 2017 05:50 AM

Buying a home? Compare building quality scores on BCA website

HOME buyers in Singapore can now search for and compare the quality of workmanship of...
PUBLISHED Sep 20, 2017 05:50 AM

Billionaire Leong said to buy London building for £250m

HONG KONG billionaire Angela Leong has bought a historic building in London's...
PUBLISHED Sep 20, 2017 05:50 AM

China's small and weak developers may be hurt by 250b yuan bond puts

CHINESE property developers face a wall of local bonds that investors can force them to...
PUBLISHED Sep 20, 2017 05:50 AM

BANKING & FINANCE

Equifax suffered hack earlier than disclosed

EQUIFAX Inc learned about a major breach of its computer systems in March - almost five...
PUBLISHED Sep 20, 2017 05:50 AM

Dividend sanctity takes a hit in Australia, world's top yielding market

TELSTRA Corp is challenging Australia's addiction to dividends...
PUBLISHED Sep 20, 2017 05:50 AM

Deutsche Bank CEO faces board grilling

TWO years into the job as Deutsche Bank's chief executive, John Cryan faces its...
PUBLISHED Sep 20, 2017 05:50 AM

China boosts purchases of US Treasuries in July

CHINA ramped up purchases of US Treasuries for a sixth straight month in July, data from...
PUBLISHED Sep 20, 2017 05:50 AM

ENERGY & COMMODITIES

Far from the Texas coast, Hurricane Harvey hits oil refiners

THREE weeks after Hurricane Harvey ravaged the massive fuel-making industry along the...
PUBLISHED Sep 20, 2017 05:50 AM

Egypt plays down poppy seed spat threatening wheat supply

EGYPT moved to ease a dispute over poppy seeds in wheat cargoes after a spat with...
PUBLISHED Sep 20, 2017 05:50 AM

Bayer, Viking make record bet on agricultural tech

BAYER AG is joining with hedge-fund giant Viking Global Investors for a record wager in...
PUBLISHED Sep 20, 2017 05:50 AM

Utilities line up to profit from 'slowest trainwreck' in history

THE unrelenting plunge of power prices will benefit companies that can withstand new...
PUBLISHED Sep 20, 2017 05:50 AM

TECHNOLOGY

Google shuffles top policy team amid ongoing antitrust cases

CAROLINE Atkinson, an experienced diplomat Google hired last year to steer its global...
PUBLISHED Sep 20, 2017 05:50 AM

Mobile, cashless payments will drive new economy

MOBILE and cashless payments will be a mainstay of the new economy, says Stripe SEA head...
PUBLISHED Sep 20, 2017 05:50 AM

Google offers to auction off shopping ad spots to rivals

GOOGLE has offered to display rival comparison shopping sites via an auction, as it aims...
PUBLISHED Sep 20, 2017 05:50 AM

Hackers compromised free CCleaner software

HACKERS broke into British company Piriform's free software for optimising computer...
PUBLISHED Sep 20, 2017 05:50 AM

Insurers go from grudge to nudge with the help of real-time tech

INSURERS are counting on real-time technology to help them cut back payouts, from a...
PUBLISHED Sep 20, 2017 05:50 AM

CONSUMER

S Korean cosmetics giant revamps products to target S-E Asia

SOUTH Korea's biggest cosmetics maker is revamping its products to suit Muslims and...
PUBLISHED Sep 20, 2017 05:50 AM

French Connection's profit falls as store closures hit sales

BRITISH fashion retailer French Connection Group reported a drop in profit for the half-...
PUBLISHED Sep 20, 2017 05:50 AM

Giorgio Armani says successor need not be Italian

OCTOGENARIAN fashion designer Giorgio Armani said on Monday the image of his brand might...
PUBLISHED Sep 20, 2017 05:50 AM

TRANSPORT

STRAIT TALK

Buzzwords from a shipping talk fest

AS anybody who reads this column regularly will know, your correspondent was awaiting the...
PUBLISHED Sep 20, 2017 05:50 AM

Ryanair scrambles to contain damage from cancellation fiasco

RYANAIR Holdings plc sought to contain the damage caused by scrapping hundreds of flights...
PUBLISHED Sep 20, 2017 05:50 AM

Canadian PM threatens to halt Boeing F-18 deal over Bombardier dispute

PRIME Minister Justin Trudeau says Canada won't buy Boeing Co fighter jets while the...
PUBLISHED Sep 20, 2017 05:50 AM

Car-mad Germany cool towards tech gizmos of driverless cars

GERMAN carmakers are showing off their self-driving cars at the IAA international auto...
PUBLISHED Sep 20, 2017 05:50 AM

GOVERNMENT & ECONOMY

Indonesia to trace and tax assets kept hidden during amnesty

INDONESIA'S government has issued new regulations aimed at tracing and taxing the...
PUBLISHED Sep 20, 2017 05:50 AM

BOE's Carney says UK rate hike looms in Brexit-hobbled economy

BREXIT, which prompted Mark Carney to cut UK interest rates for the first time in seven...
PUBLISHED Sep 20, 2017 05:50 AM

Baht pits Bank of Thailand against government on rate cut

A PUBLIC rift between Thailand's central bank and the government on interest rates...
PUBLISHED Sep 20, 2017 05:50 AM

Weak wage growth has Aussies stuck in debt trap

AUSTRALIANS' average weekly household income grew by A$213 (S$230) between 2004 and...
PUBLISHED Sep 20, 2017 05:50 AM

S'pore, China establish framework for resolving Belt and Road disputes

SINGAPORE and China are coming together to help businesses resolve cross-border disputes...
PUBLISHED Sep 20, 2017 05:50 AM

LIFE & CULTURE

Coffee rivals square off in Italy ahead of Starbucks invasion

TWO of Italy's biggest coffee houses are reinforcing their brands with flagship...
PUBLISHED Sep 20, 2017 05:50 AM

Scientists a step closer to colouring butterflies' wings

ONLY nature can paint the gorgeous colours and patterns on a butterfly's wings. But...
PUBLISHED Sep 20, 2017 05:50 AM

Chinese skiers cool off at world's largest indoor ski park

IT was a hot summer afternoon in Harbin and tourists strolled cobblestone streets with...
PUBLISHED Sep 20, 2017 05:50 AM

EXECUTIVE MONEY

COMMENTARY

Good time for investors to take stock

NOT too hot, not too cold. Our macroeconomic environment today can be described in the...
PUBLISHED Sep 20, 2017 05:50 AM

Wall St bond gurus may be wrong about QE unwind

ON Wall Street, the conventional wisdom is that once the Federal Reserve finally starts...
PUBLISHED Sep 20, 2017 05:50 AM

Disrupting the stock exchange

"IT SEEMS like a way of living in hell without dying." That was the way James...
PUBLISHED Sep 20, 2017 05:50 AM

OPINION

When CFOs are more than number crunchers

THERE is a revolution brewing in finance departments. Activist investors are pressuring...
PUBLISHED Sep 20, 2017 05:50 AM
EDITORIAL

Global markets in for some shocks as a result of monetary tapering

THE "Great Taper" is about to begin, it seems, as key central bank policymakers...
PUBLISHED Sep 20, 2017 05:50 AM
THE BOTTOM LINE

UN should ensure that it is not dominated by China

LAST week, China's official People's Daily published an essay by Foreign...
PUBLISHED Sep 20, 2017 05:50 AM

Taking steps for disclosure regime to work in Singapore

WE operate a disclosure-based regime, but it is not a one-size-fits-all regime. The...
PUBLISHED Sep 20, 2017 05:50 AM
COMMENTARY

Merkel looks to make history with fourth win

GERMAN Chancellor Angela Merkel is seeking to make history on Sunday with a fourth...
PUBLISHED Sep 20, 2017 05:50 AM
COMMENTARY

Having women as directors has clear advantages

GENDER diversity in the workplace is certainly a global issue, but while intentions in...
PUBLISHED Sep 20, 2017 05:50 AM

BREAKING NEWS

Jun 19, 2018 11:13 PM

Advance SCT to appoint new non-executive chairman

ADVANCE SCT will be appointing a new non-executive chairman, the company said on Tuesday.
Jun 19, 2018 11:10 PM

UPS to spend US$130m on new natural gas vehicles, fueling stations

[LOS ANGELES] Package delivery company United Parcel Service (UPS) on Tuesday said it will invest US$130 million to buy...
Jun 19, 2018 10:55 PM

Addvalue Technologies terminates placement agreement with KGI Securities

ADDVALUE Technologies and KGI Securities (Singapore) have mutually agreed to terminate a placement agreement, the...
Jun 19, 2018 10:38 PM

UnUsUaL subsidiary, Sliding Door Entertainment to bring Asia dinosaur tour to 11 cities

UNUSUAL Entertainment is partnering Sliding Door Entertainment to bring a "Walking with Dinosaurs - The Arena...
Jun 19, 2018 10:30 PM

London construction firms rely heavily on EU workers, figures show

[LONDON] More than a quarter of London's construction workers come from elsewhere in the European Union, according...
Jun 19, 2018 10:20 PM

TT International gets nod for further extension for FY2018 AGM

MAINBOARD-LISTED TT International has been granted a further extension of time by the Accounting and Corporate...
sentifi.com

TOP 10 TALKED ABOUT: