Thursday, Jan 11, 2018

TOP STORIES

World Bank revises 2018 growth upwards, but warns upswing will be fragile

THE world economy is expected to grow a stronger-than-expected 3.1 per cent this year as...
PUBLISHED Jan 11, 2018 05:50 AM

Have an artful week with Weekend magazine

Get ready for an infusion of colour as Singapore gears up for the upcoming Art Week, when...
PUBLISHED Jan 11, 2018 05:50 AM

Singapore to launch S-E Asia's first legaltech accelerator

SINGAPORE is taking the lead to digitally transform its legal sector. Come April, the...
PUBLISHED Jan 11, 2018 05:50 AM
PARLIAMENT

Singapore 'highly susceptible' to threat of fake news: Shanmugam

SINGAPORE is "highly susceptible" to the threat of fake news, warned Home...
PUBLISHED Jan 11, 2018 05:50 AM

Singapore passport ranks 2nd globally, bags top spot in S-E Asia

HOLDERS of Singapore's red passport have more reason to cheer as latest rankings...
PUBLISHED Jan 11, 2018 05:50 AM
OPINION

Three trends shaping taxation for businesses

THE PACE of change in the tax landscape has been unrelenting and the changes are...
PUBLISHED Jan 11, 2018 05:50 AM

Business leaders laud Enterprise Singapore chairman's appointment

BUSINESS and industry leaders on Wednesday gave a strong thumbs up to the appointment of...
PUBLISHED Jan 11, 2018 05:50 AM

Moon open to meeting Kim, but will never accept N Korea's nukes

SOUTH Korean President Moon Jae In vowed to never accept North Korea's nuclear...
PUBLISHED Jan 11, 2018 05:50 AM

COMPANIES & MARKETS

OUE Lippo Healthcare to place out shares to Itochu for S$78.8m

OUE Lippo Healthcare (OUELH) is raising S$78.75 million via a private placement to...
PUBLISHED Jan 11, 2018 05:50 AM

Troubled Noble Group says goodbye to global oil trading

NOBLE Group is closing down its London oil desk and winding down its Asia oil operations...
PUBLISHED Jan 11, 2018 05:50 AM

RHB remains neutral on three listed telcos; Singtel still on top

With competition set to heat up in an already crowded market, RHB watchers stuck to their...
PUBLISHED Jan 11, 2018 05:50 AM

Currency futures: SGX sees volume surge in 2017

TRADING activity in Singapore Exchange (SGX) currency futures spiked in 2017, the bourse...
PUBLISHED Jan 11, 2018 05:50 AM
HOCK LOCK SIEW

Is divestment of office assets on the cards for Alpha-CDL tie-up in '18?

THE earlier-than-anticipated recovery in Singapore office rents last year helped to fuel...
PUBLISHED Jan 11, 2018 05:50 AM

Corporate digest

THE warehouse provider is set to make its exit from the Singapore Exchange on Jan 22 -...
PUBLISHED Jan 11, 2018 05:50 AM
STOCKS

STI slips 4.2 points to 3,520.45

THE weather might be rather sloppy, and many regional indices wilted in the damp...
PUBLISHED Jan 11, 2018 05:50 AM

Commentary

In 2017, the seven small-cap tech manufacturing stocks under our coverage delivered an...
PUBLISHED Jan 11, 2018 05:50 AM
CURRENCIES

US dollar slumps on report China may halt bond buys

THE US dollar slumped on Wednesday after a report that China was ready to slow or halt...
PUBLISHED Jan 11, 2018 05:50 AM

REAL ESTATE

Sluggish housing rentals may find footing in second half of 2018

SINGAPORE'S housing rental market remained sluggish last month, but full-year rental...
PUBLISHED Jan 11, 2018 05:50 AM

Singapore property prices seen to rebound in 2018

CREDIT Suisse Group and Morgan Stanley are calling the end of Singapore's property...
PUBLISHED Jan 11, 2018 05:50 AM
COMMENTARY

Real estate still seen in HK as safest store of wealth

HONG KONG'S towering home prices might rise another 10 per cent this year. All the...
PUBLISHED Jan 11, 2018 05:50 AM

Is Hongkong housing market boom over?

HONG KONG'S property boom is quietening down, according to Credit Suisse Group AG...
PUBLISHED Jan 11, 2018 05:50 AM

Cambodia finds new target for real estate: China investors

TO sell real estate in Cambodia, agents are brushing up on their Mandarin.
PUBLISHED Jan 11, 2018 05:50 AM

BANKING & FINANCE

Richest Asian banker plans family office but spurns crypto

THE FAMILY of Uday Kotak, billionaire managing director of Kotak Mahindra Bank Ltd, is...
PUBLISHED Jan 11, 2018 05:50 AM
COMMENTARY

Your best response when a company shouts crypto? Run

WE all know the drill. A US-listed company announces plans to move into cryptocurrency...
PUBLISHED Jan 11, 2018 05:50 AM

Bitcoin can drop 50% and China's miners will still make money

BITCOIN mining is so profitable in China that the cryptocurrency could fall by half and...
PUBLISHED Jan 11, 2018 05:50 AM

ENERGY & COMMODITIES

Aramco seeking US$2b loan from Japan's export agency: sources

SAUDI Arabian Oil is seeking a US$2 billion loan from Japan's export-credit agency,...
PUBLISHED Jan 11, 2018 05:50 AM

French beef producers cheer deal to end China ban

FRENCH beef producers on Tuesday hailed a deal reached by President Emmanuel Macron and...
PUBLISHED Jan 11, 2018 05:50 AM

Ukraine to launch its first solar plant at Chernobyl

AT ground zero of Ukraine's Chernobyl tragedy, workers in orange vests are busy...
PUBLISHED Jan 11, 2018 05:50 AM

TECHNOLOGY

IBM awarded most US patents in 2017, top for 25th straight year

INTERNATIONAL Business Machines (IBM) was once again awarded the largest number of US...
PUBLISHED Jan 11, 2018 05:50 AM

New Google headset, camera aim to spread VR beyond gaming

VIRTUAL reality devices are still mostly purchased by a niche market: gamers. Google...
PUBLISHED Jan 11, 2018 05:50 AM

Line to explore cryptocurrencies for payment services: sources

LINE is working to integrate cryptocurrencies into its messaging platform as the Tokyo-...
PUBLISHED Jan 11, 2018 05:50 AM

CONSUMER

COMMENTARY

M&S deserves praise for just saying no to discounting

THE crucial Christmas trading season is shaping up to have been a brutal one for Britain...
PUBLISHED Jan 11, 2018 05:50 AM

TRANSPORT

Malaysia to pay firm up to US$70m if MH370 is found

MALAYSIA signed a deal on Wednesday to pay a US seabed exploration firm up to US$70...
PUBLISHED Jan 11, 2018 05:50 AM

Car designer Henrik Fisker eyes comeback with pricey electric vehicle

HENRIK Fisker unveiled his US$129,000 electric luxury car on Tuesday, in a rebooted...
PUBLISHED Jan 11, 2018 05:50 AM

Stricken ship in East China Sea may burn for a month

THE stricken Iranian oil tanker in the East China Sea could burn for as long as one month...
PUBLISHED Jan 11, 2018 05:50 AM

400 deaths a day forcing India to take car safety seriously

IN India, more than 150,000 people are killed each year in traffic accidents. That's...
PUBLISHED Jan 11, 2018 05:50 AM

GOVERNMENT & ECONOMY

Trump to attend Davos forum with 'America First' agenda

US PRESIDENT Donald Trump will dominate the Davos forum as no US leader has before: a...
PUBLISHED Jan 11, 2018 05:50 AM

Exit with care, investors remind central banks

GLOBAL central banks are being served a sharp reminder by investors that their monetary...
PUBLISHED Jan 11, 2018 05:50 AM

India relaxes foreign direct investment rules

INDIAN Prime Minister Narendra Modi eased restrictions on foreign direct investment...
PUBLISHED Jan 11, 2018 05:50 AM

Declines in major industries drag China factory inflation down

CHINA'S factory inflation slowed to a 13-month low in December, official data showed...
PUBLISHED Jan 11, 2018 05:50 AM

Cutting out Brussels middleman, UK ministers make Brexit pitch to Germany

FACING a tough line from Brussels on what economic ties between Britain and the European...
PUBLISHED Jan 11, 2018 05:50 AM

LIFE & CULTURE

Fire And Fury is the hottest book of 2018 - too bad it's so dull

THE excerpts from Michael Wolff's Fire And Fury that began to run in early January...
PUBLISHED Jan 11, 2018 05:50 AM

Djokovic 'very happy' with winning start to the year

NOVAK Djokovic made a resounding return on Wednesday after six months out with an elbow...
PUBLISHED Jan 11, 2018 05:50 AM

Food is the real magic at Disney World

LET'S count the reasons visitors flock to Orlando, Florida. There are the endless...
PUBLISHED Jan 11, 2018 05:50 AM

OPINION

A lone Wolff takes a bite of the US presidency

THE contrast between the economic and political mood could not have been more dramatic...
PUBLISHED Jan 11, 2018 05:50 AM
THE BOTTOM LINE

Is greed really good?

FOR most of the 20th century in the West, governments oversaw national economies. In the...
PUBLISHED Jan 11, 2018 05:50 AM
EDITORIAL

Global rules-based framework needed for response to cyber threats

IT didn't take long for the year's first major cyber threat to surface...
PUBLISHED Jan 11, 2018 05:50 AM

Developing a globally competitive life sciences industry

IN the field of life sciences, Singapore has now gained an outsized standing in the...
PUBLISHED Jan 11, 2018 05:50 AM

Why low inflation is no surprise

THE fact that inflation has remained stubbornly low across the global North has come as a...
PUBLISHED Jan 11, 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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