Monday, Feb 19, 2018

TOP STORIES

SINGAPORE BUDGET 2018

Singapore Budget 2018: Economists expect bumper surplus

WITH Singapore's strengthening economy having boosted government coffers, economists...
PUBLISHED Feb 19, 2018 05:50 AM

Earnings season sweetened by dividend highs

CORPORATE earnings have rolled in pretty much according to script this reporting season,...
PUBLISHED Feb 19, 2018 05:50 AM
COMMENTARY

Who should the core provisions of the Employment Act protect?

FIFTY years ago, a newly independent Singapore enacted the Employment Act in 1968 partly...
PUBLISHED Feb 19, 2018 05:50 AM
WALL STREET INSIGHT

All eyes on Fed meeting and T-bill markets

US STOCKS surged last week, and major indexes followed their worst week in years with...
PUBLISHED Feb 19, 2018 05:50 AM

PSA launches new container terminal in Maharashtra, set to be India's biggest

PSA's US$1.2 billion Bharat Mumbai Container Terminals (BMCT), which will be India...
PUBLISHED Feb 19, 2018 05:50 AM
COMPANY OF GOOD

Giving a tech lifeline - for a lifetime

INFORMATICS Education is making the best of their expertise - IT and business education...
PUBLISHED Feb 19, 2018 05:50 AM

Release the drones!

Safety improvements, lower costs, fewer processes and easier access to areas - these are...
PUBLISHED Feb 19, 2018 05:50 AM

COMPANIES & MARKETS

TOPLINE

For China-backed startup, fund sales go online

ON A FLOOR in Marina Bay Financial Centre Tower 2 sits an alternative asset management...
PUBLISHED Feb 19, 2018 05:50 AM

Sanli Environmental - a play on Asia's water story

TO Sanli Environmental chief executive officer Sim Hock Heng, a challenge is more of a...
PUBLISHED Feb 19, 2018 05:50 AM
HOCK LOCK SIEW

Is it game over for Midas Holdings?

THE script is all too familiar. A company makes grandiose promises to expand its business...
PUBLISHED Feb 19, 2018 05:50 AM
CHARTPOINT

General equity market in Europe appears lacklustre

AFTER rounds and rounds of unconventional monetary policy from the European Central Bank...
PUBLISHED Feb 19, 2018 05:50 AM
STOCKS

Sentiment positive as inflation picks up

INFLATION is coming, but instead of being scared of the "not too hot, not too cold...
PUBLISHED Feb 19, 2018 05:50 AM

Iran turns to Russia for wheat to boost flour sales

IRAN is holding talks to import 1 million tonnes of wheat from Russia to export as flour...
PUBLISHED Feb 19, 2018 05:50 AM

Abu Dhabi awards Spanish firm stake in offshore oil concession

ABU Dhabi National Oil Co (Adnoc) said on Sunday it has awarded Spanish Cepsa firm a 20...
PUBLISHED Feb 19, 2018 05:50 AM

MindChamps to enter China with joint venture partner

MINDCHAMPS PreSchool has signed a joint venture agreement with China First Capital Group...
PUBLISHED Feb 19, 2018 05:50 AM

Corporate digest

EMAS Offshore, together with its wholly-owned subsidiaries Emas Offshore Pte Ltd and Emas...
PUBLISHED Feb 19, 2018 05:50 AM

REAL ESTATE

GCBs remain a draw for Singaporeans

A FEW notable personalities from the corporate world have been involved in transactions...
PUBLISHED Feb 19, 2018 05:50 AM

Trump name carries presidential cachet in India

WHEN the Trump family jet lands in India this week, the family member taking a tour of...
PUBLISHED Feb 19, 2018 05:50 AM

Wynn bids high-life perks goodbye as casino cuts ties

BILLIONAIRE Steve Wynn, who resigned as head of Wynn Resorts Ltd over allegations that he...
PUBLISHED Feb 19, 2018 05:50 AM

BANKING & FINANCE

Coinbase in spat with card networks, banks over complaints of extra charges

COINBASE, the largest US cryptocurrency exchange, risks seeing its burgeoning business...
PUBLISHED Feb 19, 2018 05:50 AM

Indian banks 'may take more than US$3b hit from PNB scandal'

INDIAN banks could take a hit of more than US$3 billion from loans and corporate...
PUBLISHED Feb 19, 2018 05:50 AM

Few wealthy investors increased holdings during meltdown, says UBS survey

ONLY about 10 per cent to 15 per cent of investors took advantage of the recent market...
PUBLISHED Feb 19, 2018 05:50 AM

Aussie treasurer defends tax cuts for companies

AUSTRALIAN Treasurer Scott Morrison has defended his plan to reduce company taxes after...
PUBLISHED Feb 19, 2018 05:50 AM

ENERGY & COMMODITIES

Myanmar farmers going against the grain - with apps

A FREE app on farmer San San Hla's smartphone is her new weapon in the war against...
PUBLISHED Feb 19, 2018 05:50 AM

Iran increasing freight discount to boost oil sales to India

IRAN has offered to raise the freight discount on oil sales to India in return for New...
PUBLISHED Feb 19, 2018 05:50 AM

TECHNOLOGY

Covert Russians 'liked' Facebook most to sow discord across US

IN 2014, Russians working for a shadowy firm called the Internet Research Agency started...
PUBLISHED Feb 19, 2018 05:50 AM

Amazon's Jeff Bezos turning his boundless ambition to healthcare

TRIUMPHANT in online retail, cloud computing, organic groceries and streaming television...
PUBLISHED Feb 19, 2018 05:50 AM

Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom

US SEMICONDUCTOR company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd...
PUBLISHED Feb 19, 2018 05:50 AM

CONSUMER

Hue and cry for designer Bailey at his Burberry swansong

BURBERRY'S star designer Christopher Bailey bid goodbye to the British brand on...
PUBLISHED Feb 19, 2018 05:50 AM

AstraZeneca's immunotherapy drug wins key lung cancer approval

ASTRAZENECA'S immunotherapy drug Imfinzi has won crucial approval from US regulators...
PUBLISHED Feb 19, 2018 05:50 AM

Gilead wins reversal of US$2.54b hepatitis C drug patent verdict

A US federal judge in Delaware has overturned a jury's verdict requiring Gilead...
PUBLISHED Feb 19, 2018 05:50 AM

TRANSPORT

US cities use ride-hailing fees to fix roads

IN Chicago, a 15-cent fee on Uber, Lyft and other ride-hailing services is helping to pay...
PUBLISHED Feb 19, 2018 05:50 AM

Baltic Exchange Shipping Insights

Rates in the Middle East Gulf for 270,000 tonnes to China came under renewed downward...
PUBLISHED Feb 19, 2018 05:50 AM

Audi chairman rubbishes report that CEO Stadler to be removed

AUDI chairman Matthias Mueller appealed to workers to ignore a media report that chief...
PUBLISHED Feb 19, 2018 05:50 AM

GOVERNMENT & ECONOMY

66 feared dead as Aseman Airlines plane crashes in Iran mountains

ALL 66 people on board an Iranian passenger plane were feared dead on Sunday after it...
PUBLISHED Feb 19, 2018 05:50 AM

Tarnished? Olympic brand mints money like never before

A LONG-RUNNING Russian doping scandal. Corruption scams. Major cities saying "no...
PUBLISHED Feb 19, 2018 05:50 AM

Seeking post-Brexit unity, EU leaders find more fights

EUROPEAN Union (EU) leaders face difficult talks this week on the thorny issues of how to...
PUBLISHED Feb 19, 2018 05:50 AM

Netanyahu says Israel will act against Iran's 'empire'

PRIME Minister Benjamin Netanyahu said on Sunday that Israel would act against Iran - not...
PUBLISHED Feb 19, 2018 05:50 AM

Nasdaq Dubai launches Abu Dhabi, Dubai equity index futures

IN a move that could attract fresh money to the United Arab Emirates' (UAE) equity...
PUBLISHED Feb 19, 2018 05:50 AM

LIFE & CULTURE

Will exposure drive change in N Korea?

WHEN North Korean figure skaters Ryom Tae Ok and Kim Ju Sik took to the ice last week,...
PUBLISHED Feb 19, 2018 05:50 AM

Spanish cheesemakers defend Manchego from Mexican 'copy'

IN central Spain, the arid plains of La Mancha are famous for their windmills and...
PUBLISHED Feb 19, 2018 05:50 AM

Couple, in their 80s, watch a-movie-a-day to stay on 'cutting edge'

IT'S a love that was born in a cinema in 1950s Cold War Berlin and that has been...
PUBLISHED Feb 19, 2018 05:50 AM

VIEWS FROM THE TOP

Dogged determination

THIS WEEK'S TOPIC: What are you as a business leader looking forward to, for company...
PUBLISHED Feb 19, 2018 05:50 AM

BREAKING NEWS

Jun 18, 2018 10:06 AM

Ascendas Hospitality Trust to buy three Osaka hotels for 10.29b yen

ASCENDAS Hospitality Trust has on June 15 entered into an agreement with ES-CON Japan via Ascendas Hospitality Real...
Jun 18, 2018 10:01 AM

Hong Kong, Shanghai, Taipei, Jakarta: Markets closed for holidays

[HONG KONG] Financial markets in Hong Kong, Shanghai, Taipei and Jakarta are closed on Monday for public holidays.
Jun 18, 2018 09:50 AM

Several feared dead after strong earthquake hits near Osaka in western Japan

[TOKYO] Several people were feared dead, including a nine-year-old girl, after a strong quake shook the city of Osaka...
Jun 18, 2018 09:42 AM

Asia: Shares fall as US-China trade spat intensifies; oil extends losses

[TOKYO] Asian shares retreated on Monday after US President Donald Trump cranked up trade tensions with China by going...
Jun 18, 2018 09:34 AM

Singapore shares decline at Monday's open; STI down 0.68% to 3,334.04

SINGAPORE stocks opened weaker on Monday, with the Straits Times Index heading down 0.68 per cent or 22.69 points to 3,...
Jun 18, 2018 09:20 AM

Malaysia: Shares open lower on Monday

MALAYSIA share prices opened lower on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 18.01...
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