Friday, Dec 08, 2017

TOP STORIES

Analysts see a case for wealth tax, but dent to hub status a concern

TAXES on privately held wealth could help address issues of widening inequality and...
PUBLISHED Dec 8, 2017 05:50 AM

A look-back on 2017 and en bloc sale scene in BT Weekend

THIS year has a been a busy one, with exciting new restaurants opening, a proliferation...
PUBLISHED Dec 8, 2017 05:50 AM
BT EXCLUSIVE

IE Singapore chief to join Mapletree next year

THE chief executive officer of International Enterprise (IE) Singapore, Lee Ark Boon, is...
PUBLISHED Dec 8, 2017 05:50 AM

SGX proposes to fix weak spots in disclosure rules

SINGAPORE'S bourse operator has zoomed in on the weak spots in disclosure...
PUBLISHED Dec 8, 2017 05:50 AM

Fullerton to manage NTUC Income's assets

IN its quest for yield amid a low-interest rate and volatile financial environment, local...
PUBLISHED Dec 8, 2017 05:50 AM

CapitaLand inks S$10m tie-up with EDB to upskill staff, test new technologies

PROPERTY developer CapitaLand has set out to accelerate its innovation push with a S$10...
PUBLISHED Dec 8, 2017 05:50 AM

Wealth managers to be prepped for future with training

WEALTH managers here will soon get a boost in their efforts to become future-ready, with...
PUBLISHED Dec 8, 2017 05:50 AM

Singapore now top destination for China overseas investments

SINGAPORE has surpassed the US to emerge as the top destination for Chinese overseas...
PUBLISHED Dec 8, 2017 05:50 AM

Bitcoin shakes off bubble warnings in race past US$15,000

BITCOIN touched US$15,000 for the first time on Thursday, extending its advance this...
PUBLISHED Dec 8, 2017 05:50 AM

Najib goes on election offensive, vows to 'fight till the end'

MALAYSIAN Prime Minister Najib Razak put his party on a war footing Thursday as polls...
PUBLISHED Dec 8, 2017 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Noble has not convinced all on its move into rare earths

NOBLE Group, in its first investment in a long time, has latched on to the clean energy...
PUBLISHED Dec 8, 2017 05:50 AM

First Sponsor acquires Frankfurt Hotel in joint venture with CDL and Tai Tak

FIRST Sponsor Group Limited has taken the step to acquire the Le Méridien Frankfurt Hotel...
PUBLISHED Dec 8, 2017 05:50 AM

Independent adviser says Cogent offer price is 'fair and reasonable'

THE offer price in the Cogent Holdings buy-out bid is "fair and reasonable"...
PUBLISHED Dec 8, 2017 05:50 AM

Halcyon Agri buys four more Indonesian rubber factories for $105.3m

NATURAL rubber supplier Halcyon Agri Corporation has turned into the largest producer and...
PUBLISHED Dec 8, 2017 05:50 AM

Favour equities over bonds in 2018

FAVOUR equities over fixed income in 2018, says UOB Private Bank chief investment officer...
PUBLISHED Dec 8, 2017 05:50 AM

Nam Cheong's revised swap still 'contentious'

NAM Cheong's sweetened equity swap for partial settlement for its US$336 million...
PUBLISHED Dec 8, 2017 05:50 AM

SIA, Air NZ to launch third daily S'pore-Auckland flight from Oct 2018

COME Oct 28, 2018, passengers flying between Singapore and Auckland will get to enjoy...
PUBLISHED Dec 8, 2017 05:50 AM

ETC rejects proposal to remove IDs

EMERGING Towns & Cities Singapore (ETC), a Myanmar and China property developer, on...
PUBLISHED Dec 8, 2017 05:50 AM

Oceanus calls for EGM to approve debt restructuring plan

ABALONE company Oceanus Group on Thursday put out its plan to restructure more than S$80...
PUBLISHED Dec 8, 2017 05:50 AM

Rex Int'l aims for higher revenue from wells, proprietary RVD technology

CATALIST-LISTED Rex International Holding said on Thursday that it is targeting...
PUBLISHED Dec 8, 2017 05:50 AM

Corporate digest

THE Singapore High Court has approved Hoe Leong Corporation's application for a...
PUBLISHED Dec 8, 2017 05:50 AM
STOCKS

Trading sombre ahead of US jobs report

SHARES in the local bourse trended downwards for the fourth straight session ahead of key...
PUBLISHED Dec 8, 2017 05:50 AM

Brokers' take

Roxy-Pacific announced that it will acquire for A$33 million (S$34 million) a six-storey...
PUBLISHED Dec 8, 2017 05:50 AM
CURRENCIES

US dollar rebounds on stronger risk appetite

THE US dollar hit a two-week high against a basket of currencies on Thursday, recovering...
PUBLISHED Dec 8, 2017 05:50 AM

REAL ESTATE

HDB resale prices dip 0.1% but volume up 11.2%

HDB resale prices continued to weaken, edging down 0.1 per cent in November from a month...
PUBLISHED Dec 8, 2017 05:50 AM

Luxury LA mansions threatened as fierce California wildfires rage

A WIND-WHIPPED wildfire raged on Wednesday into a wealthy southern California...
PUBLISHED Dec 8, 2017 05:50 AM

BANKING & FINANCE

China's banks need to boost capital buffers: IMF

CHINA'S banks should increase their capital buffers to protect against any sudden...
PUBLISHED Dec 8, 2017 05:50 AM

ASX to start using blockchain to process equity transactions

AUSTRALIA'S main stock exchange just announced one of the finance industry's...
PUBLISHED Dec 8, 2017 05:50 AM

RBI betting on India investment turnaround

THE Indian central bank is betting that benchmark interest rates at seven-year lows and...
PUBLISHED Dec 8, 2017 05:50 AM

ENERGY & COMMODITIES

China winter gas binge pushes it towards 2nd biggest LNG buyer

CHINA is ahead of schedule to become the second-largest importer of liquefied natural...
PUBLISHED Dec 8, 2017 05:50 AM

Vale threatens to unleash spare capacity if steel prices surge

VALE SA has a somber message for anyone betting on iron ore prices returning to the heady...
PUBLISHED Dec 8, 2017 05:50 AM

TECHNOLOGY

Broadcom projects robust sales on strong smartphone demand

BROADCOM Ltd, the chipmaker that is trying to pull off the biggest takeover in the...
PUBLISHED Dec 8, 2017 05:50 AM

Sharp to seek all-Japan OLED alliance to counter S. Korea firms

JAPAN'S Sharp Corp will ask the government to help it form an alliance with rival...
PUBLISHED Dec 8, 2017 05:50 AM

Uber paid Florida man to keep data breach secret: sources

A 20-YEAR-OLD Florida man was responsible for the large data breach at Uber Technologies...
PUBLISHED Dec 8, 2017 05:50 AM

CONSUMER

Many newer contraceptives still linked to breast cancer: study

WOMEN who rely on birth control pills or contraceptive devices that release hormones face...
PUBLISHED Dec 8, 2017 05:50 AM

Philippines plans to sue Sanofi over dengue vaccine

THE Philippines intends to sue Sanofi after the authorities suspended the pharmaceutical...
PUBLISHED Dec 8, 2017 05:50 AM

Roche drug cocktail doubles chance of holding lung cancer at bay

ADDING Roche's immunotherapy Tecentriq to older drugs doubled the percentage of lung...
PUBLISHED Dec 8, 2017 05:50 AM

US asks China for help to stop mail-order opioids

THE United States has asked China to crack down on postal shipments of synthetic opioids...
PUBLISHED Dec 8, 2017 05:50 AM

Fosun to list tourism arm to raise US$500m; HK likely to be listing venue

CHINESE conglomerate Fosun International is in talks with banks to list its tourism...
PUBLISHED Dec 8, 2017 05:50 AM

TRANSPORT

Carmakers want the tech without its patent wars

AS carmakers turn their vehicles into app-laden computers on wheels, there is one habit...
PUBLISHED Dec 8, 2017 05:50 AM

Indonesian ride-hailing firm Go-Jek to expand to Philippines in 2018

INDONESIA motorbike-hailing startup Go-Jek plans to set up operations in the Philippines...
PUBLISHED Dec 8, 2017 05:50 AM

Air NZ cancels flights after 'events' involving Rolls-Royce engines

AIR New Zealand Ltd said on Thursday "two recent events" involving Rolls-Royce...
PUBLISHED Dec 8, 2017 05:50 AM

Canada's swipe at Boeing jets could open way for European rivals

CANADA'S decision to shun Boeing Co jets could open the way for European rivals...
PUBLISHED Dec 8, 2017 05:50 AM

GOVERNMENT & ECONOMY

Asia set to raise rates, but will still lag US Fed

TIGHTER monetary policy is coming to Asia next year. Yet it will lag the US Federal...
PUBLISHED Dec 8, 2017 05:50 AM

Companies prepare for disorderly Brexit as talks stall

BIG companies are stepping up their plans in case Britain crashes out of the European...
PUBLISHED Dec 8, 2017 05:50 AM

Poll finds Japan manufacturers' mood largely steady

CONFIDENCE among Japanese manufacturers held firm in December and service-sector...
PUBLISHED Dec 8, 2017 05:50 AM

Consumption, investment propel EU economy in Q3

PRIVATE consumption and investment drove euro-area economic growth in the third quarter,...
PUBLISHED Dec 8, 2017 05:50 AM

OPINION

Using data analytics can benefit the social services sector

HALF the money I spend on advertising is wasted; the trouble is, I don't know which...
PUBLISHED Dec 8, 2017 05:50 AM
EDITORIAL

1MDB still a weak spot for Malaysia, given pending probes overseas

MANY may concur with the view that the Malaysian leadership led by Prime Minister Najib...
PUBLISHED Dec 8, 2017 05:50 AM
THE BOTTOM LINE

Transition in the Middle East likely to be messy

TRANSITION is the name of the game in the Middle East and North Africa. The question is:...
PUBLISHED Dec 8, 2017 05:50 AM

Reducing carbon footprint is an area of focus for Shell

THE world has a puzzle to solve, a jigsaw with a spectacular number of pieces to place...
PUBLISHED Dec 8, 2017 05:50 AM

The multilateral rules-based trading system faces erosion

FREE trade seems to have few supporters these days. Though actual trade volumes are...
PUBLISHED Dec 8, 2017 05:50 AM

Datapulse Technology's disclosures about its operations throw up more questions than answers

ON Sep 28, Datapulse Technology convened an extraordinary general meeting (EGM) to seek...
PUBLISHED Dec 8, 2017 05:50 AM

Lifestyle

The priceless beauty of old things

IN a corner of the space taken up by China in Print - Asia's leading fair of rare...
PUBLISHED Dec 8, 2017 05:50 AM

High-end e-tailers slug it out, and it's rich pickings

AT first glance, Lauren Santo Domingo may not strike you as an empire builder. A former...
PUBLISHED Dec 8, 2017 05:50 AM

Painfully unconvincing on almost every level

THERE are worse places than Paris as the setting for a movie but Madame, a modern-day...
PUBLISHED Dec 8, 2017 05:50 AM

Sheeran tops class of 2017

ED Sheeran might have been snubbed at the Grammys and missed out on being nominated for...
PUBLISHED Dec 8, 2017 05:50 AM

No drama, but no high fives either

IF Cinderella's fairy godmother moonlighted as a landscape artist, Publico would be...
PUBLISHED Dec 8, 2017 05:50 AM

Five wine books to give this holiday season

THE fascination with wine begins with the land, which year after year has the potential...
PUBLISHED Dec 8, 2017 05:50 AM

BREAKING NEWS

Jul 17, 2018 07:07 PM

Keppel DC Reit DPU up 4.6% in Q2

KEPPEL DC Reit has posted a second-quarter distribution per unit (DPU) of 1.82 Singapore cents, up 4.6 per cent from...
Jul 17, 2018 07:02 PM

Keppel-KBS US Reit's Q2 DPU surpasses forecast at 1.5 US cents despite tenant exit

KEPPEL-KBS US Reit's second-quarter distribution per unit (DPU) crept up to 1.5 US cents from its forecast of 1.49...
Jul 17, 2018 06:27 PM

Garden tools maker Husqvarna hit by weak US retail market

[STOCKHOLM] Gardening machinery group Husqvarna said on Tuesday it will restructure its struggling Consumer Brands...
Jul 17, 2018 06:14 PM

Engineering firm DLF Holdings to raise S$4.26m through IPO

DLF Holdings, a mechanical and electrical engineering services firm, on Tuesday said it plans to raise about S$4.26...
Jul 17, 2018 05:45 PM

Singapore shares end higher on Tuesday

SHARE prices in the Singapore bourse closed marginally higher on Tuesday, with the key Straits Times Index up 0.2 per...
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