Thursday, Mar 22, 2018

TOP STORIES

Richard Elman resigns from Noble's board amid shareholder suit

NOBLE Group's founder and chairman emeritus Richard Elman has resigned from the...
PUBLISHED Mar 22, 2018 05:50 AM

Meet down to earth heroes this Weekend

EARTH Hour takes place this Saturday with Earth Day following in April. In this Friday...
PUBLISHED Mar 22, 2018 05:50 AM

foodpanda latest to come full circle with dine-in restaurant

NO longer confined to just fashion e-retailers, established online businesses from...
PUBLISHED Mar 22, 2018 05:50 AM

EU unveils digital tax targeting US tech giants

THE EU on Wednesday unveiled proposals for a digital tax that targets US tech giants,...
PUBLISHED Mar 22, 2018 05:50 AM

US says it's ready for any unintended trade war

THE United States is not seeking a trade war over tariffs but does not fear one, US...
PUBLISHED Mar 22, 2018 05:50 AM

Facebook besieged by Wall Street, Washington and Europe

FACEBOOK Inc's grim week is getting grimmer...
PUBLISHED Mar 22, 2018 05:50 AM
OPINION

Waste to potable water - S'pore's solution to world's water problems

ON this World Water Day, it is a sad fact that a large swathe of humanity continues to be...
PUBLISHED Mar 22, 2018 05:50 AM

StanChart global CEO for commercial and private banking quits

STANDARD Chartered on Wednesday said that its global CEO of the commercial and private...
PUBLISHED Mar 22, 2018 05:50 AM

Ezion warns of US$1b net loss on huge impairment

BELEAGUERED offshore and marine group Ezion Holdings issued a profit guidance late on...
PUBLISHED Mar 22, 2018 05:50 AM

COE prices down across the board

CERTIFICATES of entitlement (COE) ended lower across the board at the latest tender...
PUBLISHED Mar 22, 2018 05:50 AM

COMPANIES & MARKETS

Sasseur Reit offers public tranche of 13.8m units at S$0.80 apiece

SASSEUR Reit is offering 266.6 million units at 80 Singapore cents each in the first...
PUBLISHED Mar 22, 2018 05:50 AM

Corporate digest

THE telco will collaborate with cloud services provider Twilio to develop an Internet of...
PUBLISHED Mar 22, 2018 05:50 AM
HOCK LOCK SIEW

Singapore bourse finds Creative spark, but whither the tech boom?

THE rocket rise of Creative Technology - it became a seven-bagger in seven sessions after...
PUBLISHED Mar 22, 2018 05:50 AM

Ezra's revamp plan sees no more than 2% recovery for unsecured creditors

EZRA Holdings' debt restructuring plan projects that unsecured creditors can recover...
PUBLISHED Mar 22, 2018 05:50 AM

Alaskan oil field players to take major stake in Alpha Energy through share swop

SHAREHOLDERS of an Alaskan oil field will take an enlarged 38.2 per cent stake in Alpha...
PUBLISHED Mar 22, 2018 05:50 AM

TechnipFMC relocates subsea business to KL; move may herald job cuts in Singapore

TECHNIPFMC, the merged entity between two world-class oilfield services players, Technip...
PUBLISHED Mar 22, 2018 05:50 AM
STOCKS

Market indecisive as Fed considers hike

THE market could not seem to decide how to move on Wednesday as the Federal Open Market...
PUBLISHED Mar 22, 2018 05:50 AM

Brokers' take

In the recent few months up to Jan 18, we saw encouraging taxi operational indicators,...
PUBLISHED Mar 22, 2018 05:50 AM
CURRENCIES

Dollar retreats from 3-week high as attention shifts to Fed

THE dollar retreated from three-week highs on Wednesday as traders took some profits...
PUBLISHED Mar 22, 2018 05:50 AM

REAL ESTATE

More commercial sites hop onto collective sale train

MORE commercial developments are jumping onto the collective sale bandwagon even as the...
PUBLISHED Mar 22, 2018 05:50 AM

Freehold Olina Lodge launched for collective sale at S$220m

OWNERS of Olina Lodge, a freehold project at 15 Holland Hill in prime district 10, hope...
PUBLISHED Mar 22, 2018 05:50 AM

Good Class Bungalow deals start to rev up

A FEW big ticket deals in Good Class Bungalow (GCB) Areas were sealed recently.
PUBLISHED Mar 22, 2018 05:50 AM

One Raffles Place Shopping Mall gets facelift

OUE Commercial Reit announced on Wednesday that its portfolio property, One Raffles Place...
PUBLISHED Mar 22, 2018 05:50 AM

More private spaces for hotel guests

IN AN industry challenged by Airbnb and other home-sharing competitors, hotels are happy...
PUBLISHED Mar 22, 2018 05:50 AM

BANKING & FINANCE

Global fund managers eye China's pension fund business

GLOBAL asset managers are lobbying Beijing to offer tax benefits and other incentives to...
PUBLISHED Mar 22, 2018 05:50 AM

Nordea now hiring for its wealth business

NORDEA Bank AB may be cutting thousands of jobs to go digital, but in its wealth...
PUBLISHED Mar 22, 2018 05:50 AM

ENERGY & COMMODITIES

Lithium price surge expected to fuel rush in merger deals

THE tripling in lithium prices over three years is poised to fuel a multi-billion dollar...
PUBLISHED Mar 22, 2018 05:50 AM

Opec, allies said to be relooking how they measure impact of supply cuts

OPEC and its allies have held further discussions about changing the way they measure the...
PUBLISHED Mar 22, 2018 05:50 AM

Fonterra posts H1 loss on China writedown

NEW Zealand dairy giant Fonterra slumped to a first-half loss on Wednesday after massive...
PUBLISHED Mar 22, 2018 05:50 AM

TECHNOLOGY

Upcoming app covers booking of different types of S'pore transport

COMMUTERS in Singapore may soon be able to plan, book and pay for different types of...
PUBLISHED Mar 22, 2018 05:50 AM

Tencent profit beats estimates as WeChat games drive growth

TENCENT Holdings Ltd posted quarterly profits that beat estimates, bolstered by mobile...
PUBLISHED Mar 22, 2018 05:50 AM

How Facebook data helped Trump find his voters

IT WAS one of hundreds of cute questionnaires that were shared widely on Facebook and...
PUBLISHED Mar 22, 2018 05:50 AM

KPMG in Singapore acquires mobile app developer Rainmaker Labs

KPMG in Singapore has acquired the Singapore and Vietnam businesses of Rainmaker Labs, a...
PUBLISHED Mar 22, 2018 05:50 AM

AMD says patches are on the way for flawed chips

ADVANCED Micro Devices on Tuesday said that patches are on the way for recently revealed...
PUBLISHED Mar 22, 2018 05:50 AM

CONSUMER

Bundesliga uses digital strategies, social media to expand Asia fan base

WITH the globalisation of football well into full swing, Germany's Bundesliga can...
PUBLISHED Mar 22, 2018 05:50 AM

Japan eyes gold medal at 2020 Olympics for its ultra-thin condoms

JAPANESE condom makers are ramping up preparations ahead of the Tokyo 2020 Olympic Games...
PUBLISHED Mar 22, 2018 05:50 AM

TRANSPORT

Domestic sales of SUVs drive Geely's 2017 profits

CHINESE carmaker Geely Automobile Holdings Ltd, whose chairman recently took a US$9...
PUBLISHED Mar 22, 2018 05:50 AM

Volvo owner's Chinese unit sees overseas deals fuelling growth

BILLIONAIRE Li Shufu's Geely Automobile Holdings Ltd expects the tycoon's...
PUBLISHED Mar 22, 2018 05:50 AM

Airbus to name new CEO at the end of the year

THE board of Airbus will nominate a new CEO at the end of the year, the European...
PUBLISHED Mar 22, 2018 05:50 AM

BMW offices raided in probe into emissions cheating

PROSECUTORS in Munich searched BMW's headquarters on Tuesday as part of their...
PUBLISHED Mar 22, 2018 05:50 AM

GOVERNMENT & ECONOMY

China stays on the sidelines as Venezuela spirals downwards

CHINA is likely to extend an agreement providing crisis-stricken Venezuela with...
PUBLISHED Mar 22, 2018 05:50 AM

US-China trade war won't cause recession in either country

A TRADE war between the US and China probably would take a bite out of the world's...
PUBLISHED Mar 22, 2018 05:50 AM

Russian recovery goes wobbly in challenge for new Putin term

RUSSIA is finding that economic recoveries are not what they used to be back when...
PUBLISHED Mar 22, 2018 05:50 AM

UK wage growth near 2 ½-year high, boosting chances of BOE rate hike

BRITISH workers' overall pay rose at the fastest pace in more than two years during...
PUBLISHED Mar 22, 2018 05:50 AM

LIFE & CULTURE

A grand opera house sings again

HERE is a quick quiz for the opera aficionado. The biggest opera house in Italy is in...
PUBLISHED Mar 22, 2018 05:50 AM

MINDS opens first intellectual disability clinic in Singapore

THE Movement for the Intellectually Disabled of Singapore (MINDS) celebrated World Down...
PUBLISHED Mar 22, 2018 05:50 AM

South Korea musicians to play first concert in North since 2007

K-Pop stars will play the first concerts by South Korean artists in the North for more...
PUBLISHED Mar 22, 2018 05:50 AM

OPINION

EDITORIAL

For Singapore to stay on top, economic restructuring cannot rest

Foreign buyers accounted for over 70 per cent of the total sales value of two high-end...
PUBLISHED Mar 22, 2018 05:50 AM

Making innovation a priority at board level

SHOULD boards hold themselves accountable for making innovation work? According to IMD...
PUBLISHED Mar 22, 2018 05:50 AM
THE BOTTOM LINE

New PBOC governor has unfinished business to take care of

YI Gang, the new governor of the People's Bank of China (PBOC), must discharge some...
PUBLISHED Mar 22, 2018 05:50 AM

The EU's straight-shooting trade chief

WHILE pursuing her degree in political science at Gothenburg University in Sweden in the...
PUBLISHED Mar 22, 2018 05:50 AM
COMMENTARY

Digital transformation can help solve global water crisis

ENSURING water security - sustainable access to water for enabling livelihoods, human...
PUBLISHED Mar 22, 2018 05:50 AM