Friday, Nov 17, 2017

TOP STORIES

BT EXCLUSIVE

Singapore startup unveils Asia's first robot trader for retail investors

EVEN before the disruption dust kicked up by robo-advisers has settled, a Singapore-based...
PUBLISHED Nov 17, 2017 05:50 AM

Indonesia's art scene and the rebirth of boardgames, in BT Weekend

INDONESIAN art may not be as well known to international collectors as, say, Chinese art...
PUBLISHED Nov 17, 2017 05:50 AM
SINGAPORE FINTECH FESTIVAL

20 banks likely to join frenemy trade pact between Hong Kong and Singapore

SOME 20 global banks are expected to join the landmark partnership between Singapore and...
PUBLISHED Nov 17, 2017 05:50 AM
SINGAPORE FINTECH FESTIVAL

Funding for Asean fintechs surging, with Singapore getting lion's share of outfits

FUNDING for fintechs in Asean is surging, fuelled by the potential of the region's...
PUBLISHED Nov 17, 2017 05:50 AM
SINGAPORE FINTECH FESTIVAL

Technology a double-edged sword for financial inclusion

TECHNOLOGY can both exacerbate and reduce various forms of inequality, which raises an...
PUBLISHED Nov 17, 2017 05:50 AM
SINGAPORE FINTECH FESTIVAL

IMDA, MAS to push career development of fintech professionals

INDUSTRY and academia have for the first time tied up in a nationwide collaboration to...
PUBLISHED Nov 17, 2017 05:50 AM

Productivity, inequality key issues in Singapore's competitiveness

A RAPID slowdown in labour productivity growth, as well as rising inequality among...
PUBLISHED Nov 17, 2017 05:50 AM

Singapore suspends trade ties with North Korea

SINGAPORE has suspended trade relations with North Korea, becoming the latest of...
PUBLISHED Nov 17, 2017 05:50 AM

Sodexo acquires local SME Kim Yew Electrical

GLOBAL services firm Sodexo announced on Thursday that it has acquired Singapore...
PUBLISHED Nov 17, 2017 05:50 AM

How effective are schemes to help Singapore workers find new jobs?

A PANEL of MPs has asked the government to review the efficacy of the various programmes...
PUBLISHED Nov 17, 2017 05:50 AM

More scope for charities, donors to help seniors live better: Health Minister

EVEN as philanthropy has expanded in the healthcare sector, the government's...
PUBLISHED Nov 17, 2017 05:50 AM

COMPANIES & MARKETS

Marco Polo wins unanimous support as it fends off downturn

MARCO Polo Marine has emerged as the first listed group to win support from both its...
PUBLISHED Nov 17, 2017 05:50 AM
HOCK LOCK SIEW

Sats taps foreign JVs, partnerships for growth

JOINT ventures (JVs) and associates proved a valuable growth driver for groundhandler...
PUBLISHED Nov 17, 2017 05:50 AM

CapitaLand buys US$38.9m site for its 11th residential project in Vietnam

CAPITALAND has bought a 14,474 sq m site in Ho Chi Minh City, Vietnam, for US$38.9...
PUBLISHED Nov 17, 2017 05:50 AM

Trendlines, National Healthcare Group to develop solutions for unmet clinical needs

CATALIST-LISTED medical technology (medtech) incubator The Trendlines Group has inked its...
PUBLISHED Nov 17, 2017 05:50 AM

Corporate digest

CHANGJIANG Fertilizer Holdings will be holding its extraordinary general meeting to vote...
PUBLISHED Nov 17, 2017 05:50 AM
STOCKS

STI falls a further 0.8% on poor sentiment

SHARE prices in the local bourse caved in to log its fifth straight day of losses as it...
PUBLISHED Nov 17, 2017 05:50 AM

Brokers' take

Singapore Myanmar Investco reported its 1HFY18 results on Tuesday; gross profit increased...
PUBLISHED Nov 17, 2017 05:50 AM
CURRENCIES

Dollar rebounds vs yen as risk appetite recovers

As share prices rebounded across Asia and Europe, the dollar climbed around 0.2 per cent...
PUBLISHED Nov 17, 2017 05:50 AM

Norway fund pulling out of coal-fired power plants

IN a move that would hit Malaysia-listed Genting International and Tenaga Nasional Berhad...
PUBLISHED Nov 17, 2017 05:50 AM

Noble Group gives details of US$428m loss from exceptional items after SGX queries

BELEAGUERED commodities trader Noble Group responded to queries from the Singapore...
PUBLISHED Nov 17, 2017 05:50 AM

Darco to raise S$900,000 from share placement to significant shareholder

WATER treatment specialist Darco Water Technologies is raising S$900,000 through a...
PUBLISHED Nov 17, 2017 05:50 AM

MMP Resources issues convertible bonds and places shares to Maiora

MMP Resources, which invests in construction-related firms, will be issuing convertible...
PUBLISHED Nov 17, 2017 05:50 AM

China's Yixin posts strong HK debut amid tech IPO boom

YIXIN Group, China's top online car retailer, ended 6 per cent higher in its trading...
PUBLISHED Nov 17, 2017 05:50 AM

Baidu jumps into smart speaker fray with Raven

BAIDU Inc has unveiled a smart speaker designed to stake out a spot in a Chinese market...
PUBLISHED Nov 17, 2017 05:50 AM

REAL ESTATE

Vista Park seeking minimum S$350m in collective sale tender

THERE appears to be no letting up on the collective sale fever this week. Another project...
PUBLISHED Nov 17, 2017 05:50 AM

Tai Wah Building draws top bid of S$84.89m

TAI Wah Building at Killiney Road has found a buyer. Lucrum Capital, a private equity...
PUBLISHED Nov 17, 2017 05:50 AM

Consortium bags HK residential plot at record HK$17.3b

A CONSORTIUM including Sino Land has paid a record HK$17.3 billion (S$3.0 billion) for a...
PUBLISHED Nov 17, 2017 05:50 AM

SRX Property launches free service to match clients with agents

SRX Property on Thursday announced the launch of a new service to match clients with real...
PUBLISHED Nov 17, 2017 05:50 AM

BANKING & FINANCE

China move prompts HK traders to seek link fixes

TRADERS are lobbying Hong Kong Exchanges & Clearing Ltd (HKEX) for changes to the...
PUBLISHED Nov 17, 2017 05:50 AM

China's financial sector 'at risk of bubble; government considering property tax'

CHINA'S financial sector faces bubble risks, a government official warned on...
PUBLISHED Nov 17, 2017 05:50 AM

Prudential's new-business profit surges on Asia growth

PRUDENTIAL plc's new-business profit for the first nine months of the year rose 17...
PUBLISHED Nov 17, 2017 05:50 AM

ENERGY & COMMODITIES

Thai coal miner Banpu invests in Pennsylvania shale gas field

A RELENTLESS flow of natural gas from America's shale basins is drawing bears to the...
PUBLISHED Nov 17, 2017 05:50 AM

Profits triple at Malaysia's palm oil company Sime Darby

MALAYSIA'S Sime Darby Bhd, the world's largest oil palm planter by land size,...
PUBLISHED Nov 17, 2017 05:50 AM

TECHNOLOGY

Tencent rises in HK after results top analysts' estimates

TENCENT Holdings Ltd rose in Hong Kong after posting accelerating sales growth and...
PUBLISHED Nov 17, 2017 05:50 AM

Amazon's cashier-less store almost ready for prime time

FOR the past year,  Amazon employees have been test-driving Amazon Go, an experimental...
PUBLISHED Nov 17, 2017 05:50 AM

Snapchat's new test: grow the way Facebook does, without the baggage and loss of trust

IN today's social media industry, you essentially have two options: die young, or...
PUBLISHED Nov 17, 2017 05:50 AM

CONSUMER

Dior taps Fendi's fountain of youth in bid for future of luxury

AT luxury house Fendi, Pietro Beccari made Kendall Jenner walk on water. His next...
PUBLISHED Nov 17, 2017 05:50 AM

Raj Pink diamond fails to sell at auction

A LARGE pink diamond, rare for its colour and clarity, was among several major jewels...
PUBLISHED Nov 17, 2017 05:50 AM

TRANSPORT

Volkswagen eyes electric vehicles in China market

VOLKSWAGEN will invest more than 10 billion euros (S$16 billion) with its partners to...
PUBLISHED Nov 17, 2017 05:50 AM

Largest luxury liner based in Singapore sets off

The biggest luxury ship to be based in Singapore embarked on its maiden cruise on...
PUBLISHED Nov 17, 2017 05:50 AM

GM challenges Tesla with promise of profitable electric cars

GENERAL Motors Co plans to launch a new family of electric vehicles in 2021 that will...
PUBLISHED Nov 17, 2017 05:50 AM

Subaru recalls 400,000 vehicles in Japan as car industry reels

SUBARU recalled nearly 400,000 vehicles from its domestic market on Thursday due to an...
PUBLISHED Nov 17, 2017 05:50 AM

GOVERNMENT & ECONOMY

US' estimated tab for Middle East wars since 9/11 is US$4.4t - and rising fast

THE cost of US wars in Iraq, Afghanistan, Pakistan and Syria has soared to US$4.4...
PUBLISHED Nov 17, 2017 05:50 AM
LATEST US DATA

Oct industrial output boosted by post-hurricane rebound

US industrial output rose more than expected in October as industries affected by a...
PUBLISHED Nov 17, 2017 05:50 AM

Stunned Zimbabweans face uncertain future without Mugabe

ZIMBABWEANS were weighing an uncertain future without President Robert Mugabe on Thursday...
PUBLISHED Nov 17, 2017 05:50 AM

OPINION

Fighting piracy by fighting poverty

ASIA appears to be winning the battle against terrorism - at least on the high seas.
PUBLISHED Nov 17, 2017 05:50 AM
THE BOTTOM LINE

Buoyed by disunity

THERESA May seems to be battling on all fronts over Britain's European Union (EU)...
PUBLISHED Nov 17, 2017 05:50 AM
EDITORIAL

Singapore has big role to ensure Asean stays relevant and competitive

THE curtain has fallen on the Philippines' year-long chairmanship of the Association...
PUBLISHED Nov 17, 2017 05:50 AM

Climate change treaty can still deliver, despite US pullout

THE 2017 UN climate change summit in Bonn, Germany, finishes on Friday. Coming amid...
PUBLISHED Nov 17, 2017 05:50 AM
COMMENTARY

Beware the fallout from enforcing tighter packaging rules

In 1975, food-and-beverage giant PepsiCo started its legendary marketing campaign in...
PUBLISHED Nov 17, 2017 05:50 AM
COMMENTARY

Singapore leads the way in innovation

SINGAPORE has once again stood out as a hub for innovative thinking.
PUBLISHED Nov 17, 2017 05:50 AM

Lifestyle

From grape to table, Dutch community toasts urban vines

AS a high-speed train rattled past their heads, amateur Dutch winemakers were busy...
PUBLISHED Nov 17, 2017 05:50 AM

Honest Spanish tapas in homey café

WE have to admit we're pretty particular when we eat out...
PUBLISHED Nov 17, 2017 05:50 AM

Good old back-to-basics superhero story

IT'S curtains this time. Planet Earth is under siege, criminals are running rampant...
PUBLISHED Nov 17, 2017 05:50 AM

Ed Sheeran conquers sold-out crowd with Divide smash hits

YOU can try but chances are you won't be able to resist the scruffy charms of Ed...
PUBLISHED Nov 17, 2017 05:50 AM

Is this 'male Mona Lisa' worth US$450m?

YOU can't put a price on beauty; you can put a price on a name. When the National...
PUBLISHED Nov 17, 2017 05:50 AM

'A bunch of lunatics and a woman'

OH, critics. What do they know?
PUBLISHED Nov 17, 2017 05:50 AM

All ready to do their part for ChildAid

THE 196 child performers aged five to 18 are all ready for next week's charity event...
PUBLISHED Nov 17, 2017 05:50 AM

Top galleries' joint show

SEVENTEEN members of the Art Galleries Association Singapore are collaborating on a joint...
PUBLISHED Nov 17, 2017 05:50 AM

BREAKING NEWS

Jul 19, 2018 10:33 AM

Billionaire James Packer quits 22 boards, deepens corporate withdrawal

[SYDNEY] Billionaire James Packer has resigned 22 Australian company directorships in the last few weeks and no longer...
Jul 19, 2018 10:32 AM

China bike-sharing giant Ofo to close most US operations after less than a year: WSJ

[NEW YORK] Less than a year after Beijing-based Ofo Inc entered the United States with big ambitions, the world's...
Jul 19, 2018 10:31 AM

Australia jobs jump in June, still plenty left to hire

[SYDNEY] Australian employment surged by the most this year in June as firms took on more full-time workers, yet the...
Jul 19, 2018 10:09 AM

Co-living startup Hmlet moves into Hong Kong with acquisition of we r urban

SINGAPORE-based co-living startup Hmlet has acquired we r urban, marking its expansion into the Hong Kong market.
Jul 19, 2018 09:59 AM

Hong Kong: Shares rise at open on Thursday

[HONG KONG] Hong Kong stocks opened higher on Thursday, following a largely positive lead on Wall Street as the US...
Jul 19, 2018 09:46 AM

Tat Hong to delist on Friday morning after successful buyout

TAT Hong Holdings will be delisted on Friday at 9am, completing a takeover bid involving the chief executive, the board...
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