Tuesday, Mar 13, 2018

TOP STORIES

Property agencies' Big 3 join forces in online platform

IN A marked showing of solidarity among industry rivals in the face of disruption,...
PUBLISHED Mar 13, 2018 05:50 AM

Banks, Big Tech have mobile banking edge in EMs

THERE is a viable business for financial firms which want to expand into emerging markets...
PUBLISHED Mar 13, 2018 05:50 AM

Perennial to acquire Capitol project after S$528m buy-out

PERENNIAL Real Estate Holdings is set to walk away as the sole owner of the iconic...
PUBLISHED Mar 13, 2018 05:50 AM

GTR Ventures makes debut investments in Singapore trade-linked fintechs

GTR Ventures, the world's first investment platform targeted at trade-related...
PUBLISHED Mar 13, 2018 05:50 AM

Noble skips coupon payment for bonds due 2022

EMBATTLED commodities trader Noble Group, which recently proposed a debt restructuring...
PUBLISHED Mar 13, 2018 05:50 AM

Singapore firms to get direct access to Bangladeshi infrastructure projects

SINGAPORE companies will be able to capture opportunities in fast-growing Bangladesh as...
PUBLISHED Mar 13, 2018 05:50 AM

Retail sales in Jan see red, thanks to Chinese New Year effect

RETAIL sales got off to a dampening start in the first month of 2018, partly attributed...
PUBLISHED Mar 13, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

O&M sector's debt revamp has long way to go

WHEN Marco Polo Marine cobbled together a S$60 million financial rescue package in...
PUBLISHED Mar 13, 2018 05:50 AM
HOT STOCKS

Substantial shareholder of two Boustead companies looking to make an exit

A SUBSTANTIAL shareholder has expressed his intention to make an exit, said Boustead...
PUBLISHED Mar 13, 2018 05:50 AM

Jubilee up 13.5% after boosting stake in EG and broker's call

SHARES in Jubilee Industries Holdings rose 13.5 per cent, or S$0.005, to S$0.042 apiece...
PUBLISHED Mar 13, 2018 05:50 AM

LTC Corp offer 'fair and reasonable': independent adviser

THE financial terms of the voluntary conditional cash offer for LTC Corporation are, on...
PUBLISHED Mar 13, 2018 05:50 AM

Corporate digest

BAKERY and restaurant operator BreadTalk Group has entered into a joint venture agreement...
PUBLISHED Mar 13, 2018 05:50 AM

SGX may ease restrictions on dual-class shares in its pursuit of tech IPOs

SINGAPORE Exchange Ltd is stepping up efforts to bring technology companies to its market.
PUBLISHED Mar 13, 2018 05:50 AM

SGX, Smartkarma to roll out cloud network for listed companies

THE Singapore Exchange (SGX) and fintech firm Smartkarma will work together to roll out a...
PUBLISHED Mar 13, 2018 05:50 AM

Sias asks SGX to get Ezra to seek IFA guidance for restructuring

THE Securities Investors Association Singapore (Sias) has proposed that the Singapore...
PUBLISHED Mar 13, 2018 05:50 AM
STOCKS

STI up 1.6% on bullish US data, N Korea

IT wasn't quite rocket science to predict that share prices in the local bourse...
PUBLISHED Mar 13, 2018 05:50 AM

Brokers' take

After three lacklustre years due to tough market conditions and restructuring costs,...
PUBLISHED Mar 13, 2018 05:50 AM
CURRENCIES

Euro rally fades as inflation hopes 'subdued'

Strong US jobs numbers and receding fears over a trade war helped a rebound in markets,...
PUBLISHED Mar 13, 2018 05:50 AM

REAL ESTATE

Lendlease upbeat about take-up at Park Place Residences for Phase 2

AUSTRALIAN-LISTED developer Lendlease is hoping to replicate its success achieved during...
PUBLISHED Mar 13, 2018 05:50 AM

Lian Beng Group unit intending to acquire Joo Chiat property for S$27m

A WHOLLY-OWNED unit of Lian Beng Group is intending to purchase a four-storey commercial...
PUBLISHED Mar 13, 2018 05:50 AM

Sweden responds to worst housing slump since 2008 with more supply

SWEDEN'S government wants to add supply to a housing market that's just gone...
PUBLISHED Mar 13, 2018 05:50 AM

Palatial US$95 million Istanbul mansion finding no takers after five years

BY THE late 19th century, the Ottoman Empire was limping toward oblivion.
PUBLISHED Mar 13, 2018 05:50 AM

London house prices falling at fastest pace since 2009

LONDON house prices are falling at the fastest pace since the depths of the recession...
PUBLISHED Mar 13, 2018 05:50 AM

HK housing in hot demand as Wheelock Apartments sell out

DEMAND in Hong Kong's red-hot housing market shows no signs of abating, with...
PUBLISHED Mar 13, 2018 05:50 AM

BANKING & FINANCE

UBS says 'business as normal' as it contests HK suspension

UBS has told staff that it is "business as normal", after the Swiss bank...
PUBLISHED Mar 13, 2018 05:50 AM

Bank of Singapore's Derrick Tan to also head HK branch

BANK of Singapore's global market head for Greater China and North Asia, Derrick Tan...
PUBLISHED Mar 13, 2018 05:50 AM

Cash is far from dead - and its use is rising

EVEN though more people now use cards, mobile phones or even facial recognition...
PUBLISHED Mar 13, 2018 05:50 AM

Singapore's Golden Gate raising US$100m venture capital fund: source

SINGAPORE'S Golden Gate Ventures is raising a US$100 million third fund to continue...
PUBLISHED Mar 13, 2018 05:50 AM
COMMENTARY

Big Tech firms are already behaving like big banks

PICTURE a bank that lends US$1 billion to small businesses in 12 months, holds US$150...
PUBLISHED Mar 13, 2018 05:50 AM

ENERGY & COMMODITIES

Surge in US oil exports to Asia could doom Opec's output cuts

OIL risks sliding back under US$60 a barrel as a surge in US shipments to Asia threatens...
PUBLISHED Mar 13, 2018 05:50 AM

Brazil's bartering farmers raise risks for Nutrien

TAKING a page from its aggressive growth strategy in the United States, cash-rich...
PUBLISHED Mar 13, 2018 05:50 AM

TECHNOLOGY

Space explorers still shoot for the moon without Google's prize

GOOGLE called off its race to the moon weeks ago, when it became clear no private...
PUBLISHED Mar 13, 2018 05:50 AM

Cooler, cleaner air for commuters at trial bus stop outside Plaza Singapura

BUS commuters can now enjoy a cooler and more comfortable wait outside Plaza Singapura in...
PUBLISHED Mar 13, 2018 05:50 AM

Irish startup VRE eyes global roll-out after London, Dublin listings

IRISH startup VR Education Holdings (VRE) is listing in London and Dublin on Monday to...
PUBLISHED Mar 13, 2018 05:50 AM
COMMENTARY

Masayoshi Son is cashing out, but he's forgetting something

MASAYOSHI Son is finally doing some spring cleaning, however there's a dusty corner...
PUBLISHED Mar 13, 2018 05:50 AM

CONSUMER

COMMENTARY

Big Sugar wants to send you to sweetener heaven but you can bite back

THE sugar industry and its various offshoots, like the soda industry, have spent years...
PUBLISHED Mar 13, 2018 05:50 AM

2015 vintage 'especially good for St Emilion, Pomerol, Pessac-Leognan'

BORDEAUX winemakers from Saint Emilion and Pomerol had a "near-perfect growing...
PUBLISHED Mar 13, 2018 05:50 AM

TRANSPORT

Polar routes, long hauls pose more radiation risk

AS A commercial airline pilot, Theresia Eberbach typically weighs several factors when...
PUBLISHED Mar 13, 2018 05:50 AM

Tesla halts Model 3 production for planned upgrade

TESLA temporarily suspended production of its Model 3 electric car from Feb 20-24 for...
PUBLISHED Mar 13, 2018 05:50 AM

Ford's Mustang gallops ahead in Europe as US sales slow to a trot

IT TOOK 50 years and more than nine million Mustangs before Ford decided its beloved,...
PUBLISHED Mar 13, 2018 05:50 AM

VWs using more fuel, still failing pollution tests after recall: Australian study

VOLKSWAGEN vehicles recalled and fixed after the worldwide "dieselgate"...
PUBLISHED Mar 13, 2018 05:50 AM

GOVERNMENT & ECONOMY

World's central bankers mull over digital currency

CENTRAL banks have taken the first united step in the potential issuance of digital...
PUBLISHED Mar 13, 2018 05:50 AM
SINGAPORE-BANGLADESH TIES

Bangladesh, Singapore can complement each other says visiting PM Hasina

BANGLADESH and Singapore are at different levels of development, but can complement each...
PUBLISHED Mar 13, 2018 05:50 AM
SINGAPORE-BANGLADESH TIES

CMU on air services pact signed

SINGAPORE and Bangladesh inked a Confidential Memorandum of Understanding (CMU) on Monday...
PUBLISHED Mar 13, 2018 05:50 AM

Trump eyes ex-Microsoft staffer as top economic aide

CHRIS Liddell, a former executive at Microsoft Corp and General Motors, is under...
PUBLISHED Mar 13, 2018 05:50 AM

LIFE & CULTURE

Lucky draw tickets are nice, boss. But where's my bonus?

IT SEEMED like an epic blunder: United Airlines announced that it was replacing a...
PUBLISHED Mar 13, 2018 05:50 AM

'Little black dress' designer Givenchy dies, aged 91

HUBERT De Givenchy, the aristocratic French fashion designer famous for the "Little...
PUBLISHED Mar 13, 2018 05:50 AM

SME

Riding the digital Silk Road

CAMELS and horses were commonly used to transport goods across the ancient Silk Road, a...
PUBLISHED Mar 13, 2018 05:50 AM

Budget 2018 paves the way for tomorrow's bold new partnerships

BY encouraging Singaporean firms to create global value through partnerships forged at...
PUBLISHED Mar 13, 2018 05:50 AM

OPINION

Cybersecurity muscle needs an ecosystem

IF there ever were a "Year of the Hacker", 2017 would have marked that...
PUBLISHED Mar 13, 2018 05:50 AM
THE BOTTOM LINE

Trump-Kim meeting: What role should China play?

IT is remarkable that in the short space of three months, the political situation on the...
PUBLISHED Mar 13, 2018 05:50 AM
EDITORIAL

When Kim meets the Donald: regional peace, not reality TV, at stake

CERTAIN news is sometimes so stunning, running contrary to the conventional wisdom, that...
PUBLISHED Mar 13, 2018 05:50 AM

Trump is not the first protectionist president

I JUST coined a new term which would hopefully generate the next meme: "...
PUBLISHED Mar 13, 2018 05:50 AM
COMMENTARY

Climate change's crucial week ahead

THE Intergovernmental Panel on Climate Change (IPCC) meets from Tuesday this week in...
PUBLISHED Mar 13, 2018 05:50 AM
COMMENTARY

Italy and Europe are heading for greater friction

ITALIANS have been showing signs of losing confidence in European integration for a long...
PUBLISHED Mar 13, 2018 05:50 AM
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