Monday, Jan 22, 2018

TOP STORIES

Tune in to Money FM 89.3 for business news starting Jan 29

THOSE looking to stay on top of the latest business news, learn how to manage their money...
PUBLISHED Jan 22, 2018 05:50 AM

Foreign interest seen returning to Singapore residential market

FOREIGN demand is expected to return to the Singapore residential property market this...
PUBLISHED Jan 22, 2018 05:50 AM

Khazanah boss Azman Mokhtar a tough act to follow

OF THE many things Azman Mokhtar, boss of Malaysia's Khazanah Nasional, may be, one...
PUBLISHED Jan 22, 2018 05:50 AM

Punggol Digital District: Singapore's first tech-driven enterprise district

THE Punggol Digital District (PDD), a new 50-hectare development in Punggol North, is set...
PUBLISHED Jan 22, 2018 05:50 AM
WALL STREET INSIGHT

Markets unfazed by US government shutdown

US STOCKS rose last week as a "market melt-up" continued despite a government...
PUBLISHED Jan 22, 2018 05:50 AM

Health Ministry sets up committee to recommend fee benchmarks

THE Ministry of Health (MOH) has established a 13-member committee to come up with "...
PUBLISHED Jan 22, 2018 05:50 AM

US House, Senate back in session on Sunday to end govt shutdown

THE House and Senate were back in session on Sunday with a federal US government shutdown...
PUBLISHED Jan 22, 2018 05:50 AM

COMPANIES & MARKETS

TOPLINE

Astaka CEO upbeat on its Iskandar projects

THERE are stocks that an investor can fall sound asleep on (safe bets that don't...
PUBLISHED Jan 22, 2018 05:50 AM

UOB tests out new branch concept aimed at millennials in Tampines

UNITED Overseas Bank (UOB) is piloting a new branch concept at its Tampines branch to...
PUBLISHED Jan 22, 2018 05:50 AM

Hi-P pegs aspirations on digital economy

AT 77, Yao Hsiao Tung cuts a sprightly figure. Beneath his unassuming demeanour lies an...
PUBLISHED Jan 22, 2018 05:50 AM
CHARTPOINT

Gold remains remarkably resilient

SINCE the December 2017 Federal Open Market Committee (FOMC) meeting, the price of gold...
PUBLISHED Jan 22, 2018 05:50 AM
STOCKS

Brisk pace to continue with busy week ahead

THE past week saw everything happening all at once.
PUBLISHED Jan 22, 2018 05:50 AM

Egypt targets 8-10 flotations of state firms over 18 months

EGYPT is looking to offer shares in eight to 10 state companies on the stock exchange...
PUBLISHED Jan 22, 2018 05:50 AM
INSIDE INSIGHTS

UMS acquires 29.5 per cent of JEP Holdings

THE five trading sessions spanning Jan 12 to 18 saw the Straits Times Index (STI) holding...
PUBLISHED Jan 22, 2018 05:50 AM

REAL ESTATE

Wanda's 2017 revenue down 10.8% amid asset sales

CHINESE conglomerate Dalian Wanda Group's revenue fell by 10.8 per cent in 2017, the...
PUBLISHED Jan 22, 2018 05:50 AM

Consortium awarded A$2b contract for Sydney development

THE New South Wales government has awarded a contract worth more than A$2 billion (A$1.51...
PUBLISHED Jan 22, 2018 05:50 AM

Downtown Sacramento is a city reborn

HOURS before the Sacramento Kings played their NBA home opener in October, Vivek Ranadivé...
PUBLISHED Jan 22, 2018 05:50 AM

BANKING & FINANCE

UK Brexit negotiators set for struggle to find good deal for London

BRITISH banks, asset managers, insurance and pension funds won't have full access to...
PUBLISHED Jan 22, 2018 05:50 AM

Bonds to get by without a little help from central banks

THE rebound of global growth is sounding the death knell for easy money, so debt markets...
PUBLISHED Jan 22, 2018 05:50 AM

Management resigns from firm accused of US$1.2b Ponzi scheme

AN independent management team resigned from the Woodbridge Group of Companies on Friday...
PUBLISHED Jan 22, 2018 05:50 AM

Credit Suisse to plan low bonus pool increase for 2017

CREDIT Suisse Group AG, Switzerland's second-largest bank, plans to increase its...
PUBLISHED Jan 22, 2018 05:50 AM

ENERGY & COMMODITIES

Saudi urges oil producers to extend cooperation beyond 2018

SAUDI Arabia's energy minister urged global oil producing nations on Sunday to...
PUBLISHED Jan 22, 2018 05:50 AM

ADM makes takeover approach for grain trader Bunge: source

Top US grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd,...
PUBLISHED Jan 22, 2018 05:50 AM

Formerly lacklustre platinum finally outperforming

AFTER lagging behind other precious metals last year, platinum is finally outperforming,...
PUBLISHED Jan 22, 2018 05:50 AM

TECHNOLOGY

Tech companies pick up pace of dealmaking

ROBOT-DRIVEN taxis and computers eliminating traffic jams may appear sooner than you...
PUBLISHED Jan 22, 2018 05:50 AM

AI, virtual reality make inroads in tourism sector

A HOTEL room automatically adjusting to the tastes of each guest; virtual reality...
PUBLISHED Jan 22, 2018 05:50 AM

Amazon raises monthly Prime subscription prices by 18%

AMAZON.COM Inc is looking to squeeze more money out of monthly subscribers to its free...
PUBLISHED Jan 22, 2018 05:50 AM

UK teen gained access to CIA chief's accounts: court

A BRITISH teenager managed to access the communications accounts of top US intelligence...
PUBLISHED Jan 22, 2018 05:50 AM

CONSUMER

China's waste import ban upends global recycling industry

FOR years, China was the world's top destination for recyclable trash, but a ban on...
PUBLISHED Jan 22, 2018 05:50 AM

Coke to step up recycling efforts as pressure mounts to cut plastic

COCA-COLA Co chief executive officer James Quincey is kicking off a recycling spree, part...
PUBLISHED Jan 22, 2018 05:50 AM

US retailers still facing glut of stores despite holiday sales rebound

EVEN after the strongest holiday season in a decade, US retailers still have a big...
PUBLISHED Jan 22, 2018 05:50 AM

TRANSPORT

Plan to tackle Manhattan congestion gets mixed reactions

IT IS not just commuters who would pay under a new proposal to charge US$11.52 for...
PUBLISHED Jan 22, 2018 05:50 AM

Ryanair files complaint to EU competition authorities over Poland

IRISH low-cost airline Ryanair said it had filed a complaint to European competition...
PUBLISHED Jan 22, 2018 05:50 AM

Baltic Exchange Shipping Insights

Finally, there was some cheer for owners as rates for 270,000 tonnes in the Middle East...
PUBLISHED Jan 22, 2018 05:50 AM

GOVERNMENT & ECONOMY

Europe readies riposte to Trump's 'America First' push in Davos

EUROPEAN leaders will be out in force at the World Economic Forum (WEF) in Davos this...
PUBLISHED Jan 22, 2018 05:50 AM

Nafta future iffy going into new round of negotiations

NEGOTIATORS from Canada, Mexico and the United States on Tuesday will kick off the sixth...
PUBLISHED Jan 22, 2018 05:50 AM

As Trump begins second year, women stage nationwide protests

HUNDREDS of thousands of women and their male supporters turned out on Saturday for the...
PUBLISHED Jan 22, 2018 05:50 AM

MSCI says S Korea may harm stock market with tax plan

MSCI Inc, whose decisions on stock indices guide the investment of trillions of dollars,...
PUBLISHED Jan 22, 2018 05:50 AM

Germany's SPD in all-or-nothing vote on coalition with Merkel

GERMANY'S divided Social Democrats were holding a crunch vote on Sunday on whether...
PUBLISHED Jan 22, 2018 05:50 AM

India's ONGC to buy majority stake in refiner HPCL

INDIA'S biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to buy the...
PUBLISHED Jan 22, 2018 05:50 AM

LIFE & CULTURE

Garcia in a league of his own

ON A DAY When most of the contenders - probably fatigued by an early (7.40am) start and...
PUBLISHED Jan 22, 2018 05:50 AM
PUBLISHED Jan 22, 2018 05:50 AM

Sports diplomacy in motion: N Korea delegates arrive in South for inspection

NORTH Korean delegates arrived in South Korea on Sunday to prepare for cultural...
PUBLISHED Jan 22, 2018 05:50 AM

VIEWS FROM THE TOP

To quarter or to halve?

THIS WEEK'S TOPIC: Should Singapore retain quarterly reporting (QR)? Is market...
PUBLISHED Jan 22, 2018 05:50 AM

BREAKING NEWS

May 27, 2018 04:55 PM

Prudential Singapore to pay at least S$2.2m to all customers hit by wrong GIRO deductions

[SINGAPORE]PRUDENTIAL Singapore on Saturday said that it would pay S$100 to each customer whose GIRO deduction date for...
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