Thursday, Mar 08, 2018

TOP STORIES

SINGAPORE BUDGET 2018

Singapore Budget 2018: Maritime industry gets S$100m more to push for automated, digital future

THE Maritime and Port Authority of Singapore (MPA) will pump another S$100 million into...
PUBLISHED Mar 8, 2018 05:50 AM

Singapore models back in style

TEN years ago, Singapore faces were barely seen on magazine covers as modelling gigs were...
PUBLISHED Mar 8, 2018 05:50 AM
SINGAPORE BUDGET 2018

Singapore Budget 2018: Higher airport charges now will avert big hike later: minister

RAISING passenger charges earlier to fund the airport's Changi East development...
PUBLISHED Mar 8, 2018 05:50 AM
SINGAPORE BUDGET 2018

Singapore Budget 2018: Private-hire car services Uber, Grab may face regulations and licensing

PRIVATE-HIRE car services Uber and Grab could be regulated in the future, and even...
PUBLISHED Mar 8, 2018 05:50 AM
SINGAPORE BUDGET 2018

Singapore Budget 2018: MOH moves to end new purchases of as-charged riders

YOU can no longer go to an insurer and buy riders that pay your entire hospital bill, as...
PUBLISHED Mar 8, 2018 05:50 AM

MAS sets out new measures to tackle mass movements of financial advisers

THE Monetary Authority of Singapore (MAS) on Wednesday proposed four measures to address...
PUBLISHED Mar 8, 2018 05:50 AM

Singapore remains a top choice for property investment among ultra-wealthy

SINGAPORE remains a favoured destination for property investments among the world's...
PUBLISHED Mar 8, 2018 05:50 AM

Six Capital files for liquidation; investors, creditors said to be 'owed US$143m'

SIX Capital Investments, which billed itself as a fintech firm and vigorously defended...
PUBLISHED Mar 8, 2018 05:50 AM

COE prices close mostly higher during latest round of bidding

CERTIFICATE of entitlement (COE) premiums ended mostly higher in the first round of...
PUBLISHED Mar 8, 2018 05:50 AM

More female leaders, but tokenism a concern

MORE businesses in Singapore are ticking the "diversity" box to avoid an all-...
PUBLISHED Mar 8, 2018 05:50 AM
OPINION

Why diversity matters: A message for Singapore on International Women's Day

EVERY time we celebrate another International Women's Day, I'm reminded that...
PUBLISHED Mar 8, 2018 05:50 AM
US TARIFF THREATS

Wall Street alarmed as Cohn departure fans trade war angst

PEACE proved fleeting in markets as investors fretted that Gary Cohn leaving the Trump...
PUBLISHED Mar 8, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Sembcorp's new utilities strategy holds promise

SEMBCORP Industries surprised many two weeks ago when it unveiled the results of its...
PUBLISHED Mar 8, 2018 05:50 AM

Temasek unit pares stakes in S Korean pharma firms for as much as S$1.36b

TEMASEK Holdings' unit Ion Investments on Wednesday said it is paring its stakes in...
PUBLISHED Mar 8, 2018 05:50 AM
STOCKS

STI falls 1.2% as trade war fears resurface

ONE day up, the next day down. What's clear as forewarned is that the stock market...
PUBLISHED Mar 8, 2018 05:50 AM

Brokers' take

There is a proposed acquisition of a 34 per cent stake in Digital Wave Money Myanmar Co...
PUBLISHED Mar 8, 2018 05:50 AM
CURRENCIES

Dollar slump deepens as trade war worries grow

THE dollar fell more than half a per cent against the Japanese yen on Wednesday as the...
PUBLISHED Mar 8, 2018 05:50 AM

Sasseur Reit cornerstone investors include JD.com and YCH boss

E-COMMERCE giant JD.com, Singapore's CKK Holdings which owns the the Charles &...
PUBLISHED Mar 8, 2018 05:50 AM

Creative co-founder cashes in on rally with S$1.8m share sales

THE sharp run-up in the share price of Creative Technology has prompted co-founder Ng Kai...
PUBLISHED Mar 8, 2018 05:50 AM

SGX and New Zealand bourse to expand collaboration in Asia-Pacific markets

THE stock exchanges of Singapore and New Zealand have signed an agreement to expand their...
PUBLISHED Mar 8, 2018 05:50 AM

Release clause in Noble's restructuring plan raises concern

AS EMBATTLED commodities trader Noble Group Ltd scrambles to win support for its...
PUBLISHED Mar 8, 2018 05:50 AM

Courts Asia seeks to loosen debt covenants on 2019 notes

COURTS Asia is seeking to loosen some covenants on its S$75 million, 5.75 per cent Series...
PUBLISHED Mar 8, 2018 05:50 AM

Corporate digest

MAINBOARD-listed CSE Global has provided Quarz with a "clear dividend guidance...
PUBLISHED Mar 8, 2018 05:50 AM

REAL ESTATE

Shophouse deals gain momentum in Jan-Feb

THE Singapore shophouse market has had a good start to the year in terms of transactions...
PUBLISHED Mar 8, 2018 05:50 AM

Ng brothers are Singapore's top billionaires: Forbes

REAL estate barons Robert and Philip Ng have retained their No 1 spot as the top...
PUBLISHED Mar 8, 2018 05:50 AM

Egyptian billionaire eyes more Pakistan real estate projects

EGYPTIAN billionaire Naguib Sawiris's Ora Developers will next month start building...
PUBLISHED Mar 8, 2018 05:50 AM

China to draft bill for game-changing property tax

CHINA said a bill for a property tax is being drafted, moving a step closer to a levy...
PUBLISHED Mar 8, 2018 05:50 AM

Four residential sites launched for sale by tender

FOUR more residential sites have been placed on Singapore's burgeoning property...
PUBLISHED Mar 8, 2018 05:50 AM

BANKING & FINANCE

US hits RBS with US$500m penalty for deceptive investments

US authorities on Tuesday hit the Royal Bank of Scotland (RBS) with a US$500 million...
PUBLISHED Mar 8, 2018 05:50 AM

SocGen appoints new head of debt capital markets for Asia-Pacific

SOCIETE Generale Corporate & Investment Banking (SG CIB) has appointed Raj Malhotra...
PUBLISHED Mar 8, 2018 05:50 AM

ENERGY & COMMODITIES

Saudi Aramco CEO sees oil and gas continuing to play major role

SAUDI Arabia's oil company is not afraid of electric vehicles. As it prepares to...
PUBLISHED Mar 8, 2018 05:50 AM

Opec ministers, US shale executives share uneasy truce over an unlikely meal

AROUND the room at Houston's The Grove restaurant on Monday, at several tables, sat...
PUBLISHED Mar 8, 2018 05:50 AM

Mystery of China energy giant that came from nowhere deepens

CEFC China Energy Co's rapid ascent was shrouded in mystery and the turmoil that has...
PUBLISHED Mar 8, 2018 05:50 AM

TECHNOLOGY

China protectionism creates tech billionaires who protect Xi

CHINA'S tech giants will add star power to the country's political festivities...
PUBLISHED Mar 8, 2018 05:50 AM
COMMENTARY

Tech superiority won't help the US win a trade war

MY father's words still ring loud a couple of decades later...
PUBLISHED Mar 8, 2018 05:50 AM

Most Americans see artificial intelligence as a threat to other people's jobs: survey

THE VAST majority of Americans expect artificial intelligence to lead to job losses in...
PUBLISHED Mar 8, 2018 05:50 AM

CONSUMER

Lego posts first drop in revenue since 2004

DANISH toy maker Lego, known for its iconic coloured plastic bricks, saw profits shrink...
PUBLISHED Mar 8, 2018 05:50 AM

Airbnb snags top Amazon executive in charge of Prime business

ONE of Amazon.com Inc's longtime executives is leaving the company to join Airbnb...
PUBLISHED Mar 8, 2018 05:50 AM

TRANSPORT

Global trade boom fires up oil demand

FOR clues on accelerating oil demand, look to the seas and skies. The strength of oil...
PUBLISHED Mar 8, 2018 05:50 AM

LTA awards S$344m renewal works deal to Bombardier Singapore

THE Land Transport Authority (LTA) has awarded a S$344 million contract to overhaul the...
PUBLISHED Mar 8, 2018 05:50 AM

Dieselgate gives Toyota hybrids a lead in Europe

AN AUTO industry turning away from diesel, and European drivers increasingly favouring...
PUBLISHED Mar 8, 2018 05:50 AM

BMW mulls offering motorcycle ride-sharing in congested cities

BMW AG would like to start offering up the back seat on motorbikes and scooters to get...
PUBLISHED Mar 8, 2018 05:50 AM

GOVERNMENT & ECONOMY

China's economy set to overtake EU this year

IN another sign that the "Asian century" has arrived, China is on course to...
PUBLISHED Mar 8, 2018 05:50 AM

Saudi crown prince seeks solution to banks' tax row

CROWN Prince Mohammed bin Salman has directed the Saudi government to resolve a dispute...
PUBLISHED Mar 8, 2018 05:50 AM

Indonesia's rapid infrastructure drive takes deadly toll with serious accidents

A STRING of fatal accidents is threatening to derail Indonesia's relentless...
PUBLISHED Mar 8, 2018 05:50 AM

EU offers UK trade deal, limited access for banks

THE European Union on Wednesday offered Britain a free trade agreement for their post-...
PUBLISHED Mar 8, 2018 05:50 AM

LIFE & CULTURE

OCBC pumps S$87,000 into six green projects

OCBC is forking out S$87,000 to fund six ground-up proposals addressing environmental...
PUBLISHED Mar 8, 2018 05:50 AM

14 new Barbie dolls to honour 'boundary-breaking women'

A BARBIE doll in the likeness of British Olympic boxing champion Nicola Adams, complete...
PUBLISHED Mar 8, 2018 05:50 AM

Pacquiao eyes Malaysia for next bout, set for May or June

PHILIPPINE boxing idol Manny Pacquiao said his next opponent would be either world...
PUBLISHED Mar 8, 2018 05:50 AM

OPINION

EDITORIAL

Temasek companies set a standard for other businesses

REMARKS made by Temasek Holdings' chairman Lim Boon Heng to the chairs of the...
PUBLISHED Mar 8, 2018 05:50 AM

Trade warrior Trump turning out to be a political opportunist

HERE'S an opportunity to test your political literacy : What was really behind US...
PUBLISHED Mar 8, 2018 05:50 AM
THE BOTTOM LINE

Trade wars: What are they good for? Absolutely nothing

WE'VE known all along that Donald Trump is belligerently ignorant about economics (...
PUBLISHED Mar 8, 2018 05:50 AM

Singapore, Hong Kong go head to head on innovation

SINGAPORE and Hong Kong's similarity in size, geographical proximity and common...
PUBLISHED Mar 8, 2018 05:50 AM
COMMENTARY

Growing global interest makes TPP irresistible for US

TRADE ministers from 11 America and Asia-Pacific nations meet in Chile on Thursday to...
PUBLISHED Mar 8, 2018 05:50 AM
COMMENTARY

Firms should mine data to deliver tailored customer experiences

SINGAPORE'S customer service landscape has changed vastly over time, and is still...
PUBLISHED Mar 8, 2018 05:50 AM

BREAKING NEWS

Jun 18, 2018 10:24 AM

London house prices continue descent as buying season ends

[LONDON] London house prices fell the most since the beginning of the year in June as the capital's property...
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,...
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