Thursday, Sep 21, 2017

TOP STORIES

Assets in Singapore family offices close to global average

SINGAPORE'S ultra-rich families today manage their wealth with a decidedly...
PUBLISHED Sep 21, 2017 05:50 AM

President Xi, PM Lee hail 'new historical chapter' in bilateral ties

CHINESE President Xi Jinping and Singapore's Prime Minister Lee Hsien Loong on...
PUBLISHED Sep 21, 2017 05:50 AM

Jurong Port, Oiltanking launch venture for new petrochemical terminal

JURONG Port and Oiltanking commemorated the official launch of their joint venture,...
PUBLISHED Sep 21, 2017 05:50 AM

Pent-up demand greets new Rolls-Royce Phantom

A DOZEN deposits have been placed here for the new Rolls-Royce Phantom ultra-luxury...
PUBLISHED Sep 21, 2017 05:50 AM

Used-car dealer taps fintech for one-stop ease

A USED-CAR dealership has tapped fintech to offer a paperless and hassle-free one-stop...
PUBLISHED Sep 21, 2017 05:50 AM

Small car COE rebounds on strong demand

THE small car certificate of entitlement (COE) premium bounced back up after most...
PUBLISHED Sep 21, 2017 05:50 AM

Singapore Grand Prix extension sparks positive buzz online: report

LEWIS Hamilton might have won the Singapore Grand Prix this year but the four-year...
PUBLISHED Sep 21, 2017 05:50 AM

Pavilion Energy, Uniper of Germany to share LNG storage capacity

TEMASEK Holdings-owned Pavilion Energy and German utility Uniper have signed an agreement...
PUBLISHED Sep 21, 2017 05:50 AM

Uber reviews Asia dealings amid US criminal probe

UBER Technologies Inc, facing a federal probe into whether it broke laws against overseas...
PUBLISHED Sep 21, 2017 05:50 AM

COMPANIES & MARKETS

GE shares fall on possible sale of Malaysian stake

SHARES of local lender OCBC edged up while that of its insurance arm Great Eastern...
PUBLISHED Sep 21, 2017 05:50 AM
HOCK LOCK SIEW

CPF - there's a silver lining in the silver tsunami

THE Central Provident Fund 2016 annual report can make for frightening reading in...
PUBLISHED Sep 21, 2017 05:50 AM

Poh Tiong Choon CEO launches S$1.30-a-share offer for firm

ABOUT S$280 million will be shaved off the market capitalisation of the Singapore bourse...
PUBLISHED Sep 21, 2017 05:50 AM
HOT STOCK

Asti hotly traded on news of unit disposal talks

SHARES of mainboard-listed Asti Holdings were hotly traded on Wednesday with 125.17...
PUBLISHED Sep 21, 2017 05:50 AM
EMERGING ENTERPRISE 2017

The Duck that lays the Golden egg

SALTED egg, a craze that has survived decades - from salted egg seafood dishes to salted...
PUBLISHED Sep 21, 2017 05:50 AM

Oxley rules out bidding for UEL despite owning 14% stake

OXLEY Holdings has reiterated that it has no plans to make a bid for United Engineers (...
PUBLISHED Sep 21, 2017 05:50 AM

Swissco lands US$28.5m offer for offshore support vessel business

THE court-appointed judicial managers (JMs) of Swissco Holdings have secured an offer...
PUBLISHED Sep 21, 2017 05:50 AM

Great Eastern's 3-year 2.05% endowment plan selling well

GREAT Eastern's three-year single premium endowment plan offering a guaranteed...
PUBLISHED Sep 21, 2017 05:50 AM

Temasek invests in electric scooter maker Gogoro

GOGORO Inc, a maker of electric scooters backed by Panasonic Corp, has raised US$300...
PUBLISHED Sep 21, 2017 05:50 AM

Corporate digest

CAPITALAND Limited announced on Wednesday that its wholly owned subsidiaries, C31...
PUBLISHED Sep 21, 2017 05:50 AM
STOCKS

Cautious session ahead of FOMC meeting

TRADING on Wednesday crawled to a virtual standstill as players waited for the outcome of...
PUBLISHED Sep 21, 2017 05:50 AM

Brokers' take

Great Eastern Holdings (GEH) is exploring to "sell" its Malaysian operations,...
PUBLISHED Sep 21, 2017 05:50 AM
CURRENCIES

US dollar heads towards 2½-year lows

THE dollar edged towards 2½-year lows hit earlier this month on Wednesday, as investors...
PUBLISHED Sep 21, 2017 05:50 AM

REAL ESTATE

Two property listings portals battle over alleged copyright infringement

THE biggest property listings portal here has sued its rival over alleged copyright...
PUBLISHED Sep 21, 2017 05:50 AM

Latest Moxy hotel is a throwback to the past

WHEN US banker and philanthropist Darius Ogden Mills opened the New Mills Hotel in...
PUBLISHED Sep 21, 2017 05:50 AM

A decaying Washington waterfront returns to life

A STRUGGLING waterfront along the Potomac River will morph into a long-awaited commercial...
PUBLISHED Sep 21, 2017 05:50 AM

Eu Realty puts up 2 South Bridge Rd shophouses for sale

EU Realty (Singapore), a fully-owned subsidiary of Eu Yan Sang International, has put up...
PUBLISHED Sep 21, 2017 05:50 AM

BANKING & FINANCE

China's short-term bonds could be next risk target

CHINA'S riskiest borrowers are ramping up sales of short-term dollar debt again,...
PUBLISHED Sep 21, 2017 05:50 AM

Bitcoin chief Roger Ver sees the digital currency splitting again

BITCOIN will probably see another splintering off in November as miners and developers...
PUBLISHED Sep 21, 2017 05:50 AM

BOE's Carney has 200b reasons to fret about consumer debt

BANK of England (BOE) governor Mark Carney has 200 billion reasons to keep an eye on...
PUBLISHED Sep 21, 2017 05:50 AM

US Carlyle Group exits Australian mining services play Coates Hire

US private equity firm Carlyle Group is quitting its decade-long mining services play in...
PUBLISHED Sep 21, 2017 05:50 AM

ENERGY & COMMODITIES

Thyssenkrupp, Tata Steel merge Europe operations

GERMANY'S Thyssenkrupp and India's Tata Steel agreed on Wednesday to merge...
PUBLISHED Sep 21, 2017 05:50 AM

Harder to get into the hottest oil trader parties in S'pore

LIVERIED Sikh doormen have welcomed royalty, literary giants and the deep of pocket to...
PUBLISHED Sep 21, 2017 05:50 AM

Russia's nuclear giant joins race to supply lithium for electric cars

RUSSIA'S state-owned nuclear corporation is joining the lithium rush. After a...
PUBLISHED Sep 21, 2017 05:50 AM

TECHNOLOGY

Bain consortium bags Toshiba chip business in hard-fought win

JAPAN'S embattled Toshiba Corp has selected a group led by US private equity firm...
PUBLISHED Sep 21, 2017 05:50 AM

Sprint, T-Mobile said to be discussing terms to bring merger closer

SPRINT Corp and T-Mobile US Inc, in preliminary deal talks since at least August, agreed...
PUBLISHED Sep 21, 2017 05:50 AM

Facebook to be called to testify before Senate panel on Russian meddling

THE Senate Intelligence Committee expects representatives of Facebook Inc to testify at a...
PUBLISHED Sep 21, 2017 05:50 AM

UK, France, Italy leaders in push for faster removal of extremist content

THE leaders of Britain, France and Italy will push social media companies on Wednesday to...
PUBLISHED Sep 21, 2017 05:50 AM

CONSUMER

Global dairy prices rise at second auction in a row

GLOBAL dairy prices rose for the second time in a row at an auction held early on...
PUBLISHED Sep 21, 2017 05:50 AM

Zara-owner Inditex's H1 gross margin eroded by strong euro

INDITEX, the world's biggest clothing retailer and owner of the Zara brand, posted a...
PUBLISHED Sep 21, 2017 05:50 AM

Why Australia may be 'woefully unprepared' for flu season

AUSTRALIA'S carefree attitude toward preventive medicine may have met its match: the...
PUBLISHED Sep 21, 2017 05:50 AM

Drug-resistant infections a global health emergency, says WHO

RESISTANCE to antibiotic drugs is a "global health emergency" that threatens...
PUBLISHED Sep 21, 2017 05:50 AM

TRANSPORT

FRANKFURT MOTOR SHOW

China car brands pull up at Frankfurt fair

TRADITIONAL heavyweights Fiat, Peugeot and Volvo may have shunned this year's...
PUBLISHED Sep 21, 2017 05:50 AM

China may relax rules for foreign EV makers, say officials

CHINA is discussing a plan to allow foreign carmakers to set up wholly owned electric...
PUBLISHED Sep 21, 2017 05:50 AM

Airbus woos China with first wide-body jet facility outside Europe - in Tianjin

AIRBUS SE is courting China with its first wide-body jet facility outside Europe,...
PUBLISHED Sep 21, 2017 05:50 AM

GOVERNMENT & ECONOMY

Is China's debt driving it to a financial crisis?

CHINA'S debt pile has long been on economists' radar with risks ranging from a...
PUBLISHED Sep 21, 2017 05:50 AM

Spain's central government takes control of Catalonia's finances to block referendum

SPAIN has taken control of Catalonia's finances to prevent funds being used for an...
PUBLISHED Sep 21, 2017 05:50 AM

Trump to pay his legal bills with campaign funds

PRESIDENT Donald Trump will use money donated to his campaign and the Republican National...
PUBLISHED Sep 21, 2017 05:50 AM

RBA sees slack in job market, at ease with inflation outlook

AUSTRALIA'S labour market still has plenty of spare capacity, which is likely to cap...
PUBLISHED Sep 21, 2017 05:50 AM

Modi faces sluggish job creation; opposition's criticism increases

INDIAN Prime Minister Narendra Modi has a jobs problem. He swept to power three years ago...
PUBLISHED Sep 21, 2017 05:50 AM

LIFE & CULTURE

Football legends to duke it out on Nov 11

THE upcoming Battle of the Masters football event in Singapore has a new presenting...
PUBLISHED Sep 21, 2017 05:50 AM
BT CORPORATE GOLF LEAGUE 2017

Last chance to win a car

WHEN golfers arrive for The Business Times Corporate Golf League, many of them will have...
PUBLISHED Sep 21, 2017 05:50 AM
MILAN FASHION WEEK

Edgy talent razes the runways in a rebounding market

FASHION week roared into Milan on Wednesday with hotly anticipated shows from fresh...
PUBLISHED Sep 21, 2017 05:50 AM

Cubans get back on their bikes

THE humble bicycle is gradually shedding its grim association with Cuba's economic...
PUBLISHED Sep 21, 2017 05:50 AM

OPINION

US 'muddling through' in search of a doctrine

IT always seems to happen a few months after a new American president takes office and as...
PUBLISHED Sep 21, 2017 05:50 AM
EDITORIAL

Carrots and variety a good way to improve market regulations

THE Singapore Exchange's (SGX) recent suggestion to fast-track well-behaved...
PUBLISHED Sep 21, 2017 05:50 AM
THE BOTTOM LINE

The next UK-German monetary struggle is brewing

THE next big European struggle between Germany and Britain hinges on money. This is the...
PUBLISHED Sep 21, 2017 05:50 AM

'Uber of banking' sparks radical changes across industries

FINANCIAL technology, or fintech, is forcing a change in many of Singapore's...
PUBLISHED Sep 21, 2017 05:50 AM

Abe's snap election bid could either bruise or bolster

JAPAN'S Prime Minister Shinzo Abe is poised to "do a Mrs May" by calling a...
PUBLISHED Sep 21, 2017 05:50 AM

More misses than hits in the latest volume of Clinton's memoirs

HILLARY Rodham Clinton has put forward a further volume of her memoirs, titled What...
PUBLISHED Sep 21, 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...
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