Tuesday, Jan 09, 2018

TOP STORIES

Keppel O&M graft case: Global resolution achieved more than what S'pore alone could, says Indranee

THE global resolution that Keppel Corporation's rig-building unit reached with the...
PUBLISHED Jan 9, 2018 05:50 AM

Singapore dollar surges to 2015 levels

THE Singapore dollar continues to fly and is at levels last seen three years ago as...
PUBLISHED Jan 9, 2018 05:50 AM
PARLIAMENT

Task force formed to improve SkillsFuture fraud detection

AN inter-agency task force has been formed to evaluate how the fraud detection system for...
PUBLISHED Jan 9, 2018 05:50 AM
PARLIAMENT

Singapore needs to go beyond tax perks and develop new trump cards, says Heng

SINGAPORE needs to develop its competitive advantages beyond tax incentives, given the...
PUBLISHED Jan 9, 2018 05:50 AM
PARLIAMENT

Fee benchmark part of plan to keep healthcare costs affordable: MOH

THE fee benchmark to be introduced by the Ministry of Health (MOH) this year is part of...
PUBLISHED Jan 9, 2018 05:50 AM

May keeps Davis, Rudd, and Hammond in her Cabinet

PRIME Minister Theresa May began her Cabinet reshuffle on Monday, stamping her authority...
PUBLISHED Jan 9, 2018 05:50 AM

MAS looking to cap insurers' migration package offers

RULES guiding the movement of insurance agents initiated by Singapore's regulator to...
PUBLISHED Jan 9, 2018 05:50 AM

Asia-Pac healthcare M&A expected to jump 80% to US$55b in 2018

HEALTHCARE mergers and acquisitions (M&A) in the Asia-Pacific are expected to jump by...
PUBLISHED Jan 9, 2018 05:50 AM

MOU opens doors in India for S'pore tech startups

SINGAPORE tech startups will now be able to pilot innovations in India and acquire best...
PUBLISHED Jan 9, 2018 05:50 AM
OPENING OF LEGAL YEAR 2018

Medical law and ethics lawyer Kuah Boon Theng appointed senior counsel

MEDICAL law and ethics lawyer Kuah Boon Theng was appointed senior counsel on Monday, in...
PUBLISHED Jan 9, 2018 05:50 AM
OPINION

A digital meltdown looms - be afraid, very afraid

FOR computer security professionals, 2018 started with a bang. A new class of security...
PUBLISHED Jan 9, 2018 05:50 AM
OPENING OF LEGAL YEAR 2018

Accreditation scheme extended to maritime and shipping lawyers

A VOLUNTARY accreditation scheme will be extended to lawyers in the maritime and shipping...
PUBLISHED Jan 9, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

At the receiving end of a robotic world

THE month of December is typically characterised by holidays, too much eating and...
PUBLISHED Jan 9, 2018 05:50 AM

Sale of US gas & power unit nets final amount of US$168m: Noble

COMMODITY trader Noble Group on Monday said the final amount paid by Mercuria Energy...
PUBLISHED Jan 9, 2018 05:50 AM
PUBLISHED Jan 9, 2018 05:50 AM

Danish drugmaker Novo goes public with 2.6b euro bid for Belgium's Ablynx

DANISH drugmaker Novo Nordisk A/S made its largest takeover offer ever, an unsolicited 2...
PUBLISHED Jan 9, 2018 05:50 AM

Analysts stick to 'buy' on CapitaLand

STOCK watchers were happy campers on last week's news that CapitaLand is dropping 20...
PUBLISHED Jan 9, 2018 05:50 AM

Imperium Crown gets SIAS queries over governance practices

THE Securities Investors Association (Singapore) (SIAS) has queried Catalist-listed real...
PUBLISHED Jan 9, 2018 05:50 AM

SPH launches new Mandopop radio station 96.3 Hao FM

FANS of Mandarin pop from the 1980s and 1990s can tune in to a new radio station.
PUBLISHED Jan 9, 2018 05:50 AM

Corporate digest

TEE International and its subsidiary TEE Land issued profit guidances last Friday after...
PUBLISHED Jan 9, 2018 05:50 AM

Mothercare's shares plunge on report of poor Christmas sales

MOTHERCARE Plc reported a sharp drop in UK sales over the holiday season, underlining the...
PUBLISHED Jan 9, 2018 05:50 AM
STOCKS

Feel-good sentiment boosts market

THERE was no other way for the stock market to go but up on Monday with Wall Street'...
PUBLISHED Jan 9, 2018 05:50 AM

Brokers' take

WE are positive on CapitaLand's recent divestments of non-core retail assets in...
PUBLISHED Jan 9, 2018 05:50 AM
CURRENCIES

Euro stumbles after recent rally; outlook bullish

THE euro slipped a third of a percent on Monday as investors took profits after a recent...
PUBLISHED Jan 9, 2018 05:50 AM

REAL ESTATE

China's Lanzhou relaxes property tightening curbs

THE Chinese city of Lanzhou has eased property curbs amid a nation-wide clampdown on...
PUBLISHED Jan 9, 2018 05:50 AM

Chinese property stocks turn red-hot on sales optimism

A CLEAR winner is emerging among Chinese equities this year, whether in Hong Kong or...
PUBLISHED Jan 9, 2018 05:50 AM

Fortune of China's richest woman up US$2b in 4 days

A SHARE surge at Country Garden Holdings, China's largest developer by sales, has...
PUBLISHED Jan 9, 2018 05:50 AM

UK house prices slip 0.6% in December, first fall in six months

BRITISH house prices unexpectedly fell in December compared with November, their first...
PUBLISHED Jan 9, 2018 05:50 AM

HK home prices more than double 1997 levels

HERE'S a scary statistic: Hong Kong home prices are more than double their 1997...
PUBLISHED Jan 9, 2018 05:50 AM

BANKING & FINANCE

US bank gains from new tax law start with short-term Q4 red ink

US BANK executives and investors expect a long-term boost from the new federal tax code,...
PUBLISHED Jan 9, 2018 05:50 AM

UBS in talks to buy majority stake in China securities JV: CEO

UBS Group AG is in discussions to acquire a majority stake in its Chinese securities...
PUBLISHED Jan 9, 2018 05:50 AM

Yuan erases gains as central bank adviser eyes rate of 6.6 against US dollar

CHINA'S yuan rose on Monday morning after the central bank set a stronger midpoint...
PUBLISHED Jan 9, 2018 05:50 AM

ENERGY & COMMODITIES

German metal workers striking for 6% pay raise

GERMANY'S powerful metalworkers union has called for mass strikes from Monday over...
PUBLISHED Jan 9, 2018 05:50 AM

Australia warns of volatile iron ore prices as China curbs ease

IRON ore is in for a bumpy ride in 2018, according to the world's largest exporter,...
PUBLISHED Jan 9, 2018 05:50 AM

US oilfield service firms dust off IPO plans as crude prices surge

US oilfield service companies are gearing up for initial public offerings, according to...
PUBLISHED Jan 9, 2018 05:50 AM

Partners Group buys 45% stake in wind project

GERMAN investor Partners Group Holding AG said on Monday it had taken a 45 per cent stake...
PUBLISHED Jan 9, 2018 05:50 AM

TECHNOLOGY

Tech faithful assembling at temple of innovation

AFTER a rollercoaster year for the tech world, many industry leaders are looking to the...
PUBLISHED Jan 9, 2018 05:50 AM

Virtual aide market a 'wildfire' at CES gadget show

VOICE-COMMANDED virtual assistants packed into speakers and other devices will be a...
PUBLISHED Jan 9, 2018 05:50 AM

CONSUMER

Thailand's Central Group expects online surge through pact with JD

THE company with the biggest grip on Thailand's brick-and-mortar retail market is...
PUBLISHED Jan 9, 2018 05:50 AM

Forget Milan. Florence razes the runways in Italian fashion

THINK Italian fashion and you are likely to think of chic central, Milan. But "Made...
PUBLISHED Jan 9, 2018 05:50 AM

Baltimore leads the pack again in 2018 as US bedbug capital

BALTIMORE is known for its historic neighbourhoods, monuments, crab cakes - and,...
PUBLISHED Jan 9, 2018 05:50 AM

Sanofi to market new haemophilia drug in deal with Alnylam

FRENCH pharmaceutical group Sanofi said it has obtained the right to develop and sell a...
PUBLISHED Jan 9, 2018 05:50 AM

TRANSPORT

China's new aviation routes in Taiwan Strait irresponsible: Taipei

TAIWAN'S government has called China's recent unilateral expansion of civil...
PUBLISHED Jan 9, 2018 05:50 AM

China airlines shares up on fare liberalisation

CHINESE airline shares surged after the government gave airlines more freedom to set...
PUBLISHED Jan 9, 2018 05:50 AM

Former top Visa exec starts work at Grab to steer e-payments push

FORMER Visa head honcho Ooi Huey Tyng has begun work at Grab in a move the company said...
PUBLISHED Jan 9, 2018 05:50 AM

New Berlin airport needs extra 1b euros before opening: report

BERLIN'S much-delayed new airport needs up to one billion euros (S$1.6 billion) in...
PUBLISHED Jan 9, 2018 05:50 AM

Rescuers struggle to tame oil tanker fire off China; body of mariner found

RESCUE crews wrestled to bring a blaze on an Iranian oil tanker off China's east...
PUBLISHED Jan 9, 2018 05:50 AM

Ford launching diesel truck to grab fuel economy edge

FORD Motor Co plans to offer a diesel engine version of its bestselling F-150 pickup...
PUBLISHED Jan 9, 2018 05:50 AM

GOVERNMENT & ECONOMY

Fed's monetary policy lodestar comes under attack

MILTON Friedman put a nail in the coffin of the original version of the Phillips Curve 50...
PUBLISHED Jan 9, 2018 05:50 AM
COMMENTARY

India's economy faces an ominous new year in 2018

YOU would think the Indian economy had returned to rosy health. It seems to have...
PUBLISHED Jan 9, 2018 05:50 AM

South Korea sees speedy trade talks with US, but 'uphill battle' ahead

SOUTH Korea's trade ministry said on Monday it anticipates an "uphill battle...
PUBLISHED Jan 9, 2018 05:50 AM

Confidence in eurozone economy highest in 17 years

CONFIDENCE in the euro area continued its advance at the end of 2017, capping what was...
PUBLISHED Jan 9, 2018 05:50 AM

LIFE & CULTURE

Awards and a reckoning at Golden Globes

IT TOOK only four minutes for Harvey Weinstein to be booed on Sunday night at the 75th...
PUBLISHED Jan 9, 2018 05:50 AM

MMA world title beckons for Tiffany Teo in Jakarta

FROM the comforts of her Punggol flat, Tiffany Teo has switched to spartan living in a...
PUBLISHED Jan 9, 2018 05:50 AM

SME

Best practices for Singapore software firms eyeing a global market

SOFTWARE is big business. Just look at the meteoric rises of Google, Facebook, Uber,...
PUBLISHED Jan 9, 2018 05:50 AM

Mix it up, robot bartender

PERFORMERS in the style of Daft Punk may no longer be the only robots at music festivals...
PUBLISHED Jan 9, 2018 05:50 AM

OPINION

Containing Iran without boots on the ground

EMPLOYING historical analogies can be useful when we try to apply the lessons of an event...
PUBLISHED Jan 9, 2018 05:50 AM
THE BOTTOM LINE

Inter-Korean talks: Is a corner being turned?

HIGH-LEVEL talks between North and South Korea this week offer a potential for diplomacy...
PUBLISHED Jan 9, 2018 05:50 AM
EDITORIAL

Things are going well but potential flash points can still roil markets

Investors are happy. Stock markets have started 2018 with a bang, and bond markets are...
PUBLISHED Jan 9, 2018 05:50 AM

North-South rapprochement still a tenuous one

TUESDAY sees the, previously unanticipated, resumption of high-level bilateral talks...
PUBLISHED Jan 9, 2018 05:50 AM

Why 2017 was the best year in human history

WE all know that the world is going to hell. Given the rising risk of nuclear war with...
PUBLISHED Jan 9, 2018 05:50 AM

Trump and Bannon are like two overweight men trying to share a sleeping bag

THE just-released book about Donald Trump and his dysfunctional American presidency (Fire...
PUBLISHED Jan 9, 2018 05:50 AM

BREAKING NEWS

May 26, 2018 02:31 PM

Audi CEO says diesel crisis not over and vows to stay on - report

[FRANKFURT] Audi chief executive Rupert Stadler said the diesel emissions affair was not over and promised to stay at...
May 26, 2018 02:02 PM

South Korea welcomes prospect of 'reignited' US-North Korea talks

[SEOUL] South Korea on Saturday welcomed the renewed prospect of a summit between the United States and North Korea...
May 26, 2018 01:44 PM

ECB board race countdown prompts diversity call to Euro members

[STOCKHOLM] Euro-region leaders picking the successors to European Central Bank President Mario Draghi and colleagues...
May 26, 2018 01:20 PM

Under pressure from Trump, Saudis put brakes on oil's rally

[LONDON] The world's largest oil exporter just made quite a policy swerve. Within six weeks, Saudi Arabia has gone...
May 26, 2018 11:55 AM

Xiaomi said to seek June 7 listing hearing for US$10b IPO

[HONG KONG] Xiaomi aims to seek formal Hong Kong stock exchange approval on June 7 for an initial public offering that...
May 26, 2018 11:16 AM

Apple sees steep increase in US national security requests

[SAN FRANCISCO] Apple on Friday issued its twice yearly transparency report on government data requests, showing...
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