Thursday, Apr 12, 2018

TOP STORIES

Tie-up with Lazada opens door for Razer to tout software sales

AT A glance, gaming company Razer's tie-up with online retailer Lazada – a digital...
PUBLISHED Apr 12, 2018 05:50 AM

New hearts for a new era, this Weekend

TIMING was of the essence at Baselworld 2018, as Swiss luxury watchmakers convened to...
PUBLISHED Apr 12, 2018 05:50 AM

Ride-hailing frenzy makes Grab the world's top VC recipient for Q1

SINGAPORE-BASED ride-hailing giant Grab has emerged as the world's largest magnet of...
PUBLISHED Apr 12, 2018 05:50 AM
WORLD ECONOMY

ADB sees 6 per cent Asia growth but warns of risks from trade tensions

THE Asian Development Bank lifted its outlook for growth in developing Asia this year -...
PUBLISHED Apr 12, 2018 05:50 AM
WORLD ECONOMY

IMF chief optimistic on growth, but flags fading fiscal stimulus and rising rates

THE International Monetary Fund (IMF) is optimistic on the outlook for global growth but...
PUBLISHED Apr 12, 2018 05:50 AM
LATEST US DATA

US: March consumer prices post first drop in 10 months

US consumer prices fell for the first time in 10 months in March, weighed down by a...
PUBLISHED Apr 12, 2018 05:50 AM

KL declares polling day a public holiday after outcry

MALAYSIA'S general election next month will be a public holiday, the Prime Minister...
PUBLISHED Apr 12, 2018 05:50 AM

Shanghai seeks greater cooperation with Singapore, city's top leader tells PM Lee

SHANGHAI, the economic heart of China, wants to learn from Singapore as it continues to...
PUBLISHED Apr 12, 2018 05:50 AM

Graft cases registered for investigation hit all-time low of 103 in 2017: CPIB

THE number of corruption cases registered for investigation last year fell to 103, a...
PUBLISHED Apr 12, 2018 05:50 AM
OPINION

Customers still want banking experts, not an app of all trades

WHEN it comes to personal finance, customer trust is driven by expert relationships, not...
PUBLISHED Apr 12, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Grab-Uber deal offers test on regulating the platform economy

WHEN you tap on your ride-hailing app to get a ride, and you are charged S$20 for a ride...
PUBLISHED Apr 12, 2018 05:50 AM

Datapulse's boardroom challenger pledges S$70m payout to shareholders

INDONESIA-born Singaporean Ng Bie Tjin describes herself as the underdog in a high-stakes...
PUBLISHED Apr 12, 2018 05:50 AM

Kim Heng secures one-year charter for two vessels

KIM Heng Offshore & Marine (O&M) Holdings has secured a one-year charter...
PUBLISHED Apr 12, 2018 05:50 AM

LMIR Trust warns of 'material impact' from Indonesia's new withholding tax rules

THE manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) on Wednesday said the...
PUBLISHED Apr 12, 2018 05:50 AM

SGX to list new India equity derivatives

TRADERS bemoaning the possible demise of the Singapore market's popular Nifty-linked...
PUBLISHED Apr 12, 2018 05:50 AM

Lian Beng spin-off offering 238m shares at S$0.23 apiece for Catalist listing

SLB Development, a property development spin-off from mainboard-listed construction...
PUBLISHED Apr 12, 2018 05:50 AM

Ipco board claims former execs did not allocate placement proceeds as planned

THE board of Ipco International said on Wednesday that most of the S$1.58 million raised...
PUBLISHED Apr 12, 2018 05:50 AM

Midas hit by letter of demand over 400m yuan loan

TROUBLED railway parts maker Midas Holdings has received a letter of demand over a 400...
PUBLISHED Apr 12, 2018 05:50 AM

Ignatius Low appointed SPH chief marketing officer

SINGAPORE Press Holdings (SPH) on Wednesday announced the appointment of Ignatius Low as...
PUBLISHED Apr 12, 2018 05:50 AM

Spackman finds South Korean partner for planned ICO

CATALIST-listed Spackman Entertainment Group has found a partner for its proposed initial...
PUBLISHED Apr 12, 2018 05:50 AM

Corporate digest

A NEW chief executive was named on Wednesday at offshore and marine service company...
PUBLISHED Apr 12, 2018 05:50 AM
STOCKS

More gains for STI with 'bulls in control'

THE Singapore bourse amped up to log its fifth consecutive day of gains on Wednesday...
PUBLISHED Apr 12, 2018 05:50 AM

Brokers' take

Sheng Siong Group | Buy
PUBLISHED Apr 12, 2018 05:50 AM
CURRENCIES

Dollar at 2-week lows as fears of Syria strikes grow

THE US dollar slipped to a two-week low against a basket of currencies on Wednesday as...
PUBLISHED Apr 12, 2018 05:50 AM

REAL ESTATE

SINGAPORE PROPERTY

Private apartment rents fall 0.2% in March: SRX

SINGAPORE private apartment rents declined in March 2018, after three straight months of...
PUBLISHED Apr 12, 2018 05:50 AM
SINGAPORE PROPERTY

HDB flat rentals down 0.8% in March, but rental volume up 45.3%

HDB flat rentals dropped slightly in March from February, even as rental volume jumped,...
PUBLISHED Apr 12, 2018 05:50 AM

M&C appoints Jennifer Fox group CEO

MILLENNIUM & Copthorne Hotels (M&C) announced it has appointed ex-Fairmont Hotels...
PUBLISHED Apr 12, 2018 05:50 AM

Puerto Rico to get US$18.5b to rebuild shattered housing stock

PUERTO Rico will receive US$18.5 billion from the US Department of Housing and Urban...
PUBLISHED Apr 12, 2018 05:50 AM

Condo rents in Toronto jump 10.7% in Q1

FINDING a condo to rent in Toronto is tough enough - paying for it has just got a lot...
PUBLISHED Apr 12, 2018 05:50 AM

Owners pay a price for US luxury homes that take longer to sell

LUXURY homes in the US are not selling as fast as they used to, and their owners are...
PUBLISHED Apr 12, 2018 05:50 AM

BANKING & FINANCE

China aims for Shanghai- London trading link this year: PBOC chief

CHINA is aiming to start a stock trading tie-up between Shanghai and London this year,...
PUBLISHED Apr 12, 2018 05:50 AM

Australia watchdog moves to regulate cryptocurrencies

AUSTRALIA has brought the country's cryptocurrency providers under the purview of...
PUBLISHED Apr 12, 2018 05:50 AM

ENERGY & COMMODITIES

Oil prices near 2014 highs on likely Syria air strikes

OIL prices edged higher on Wednesday, adding to steep gains in the previous session, as...
PUBLISHED Apr 12, 2018 05:50 AM

Saudi Arabia said to signal ambition for US$80 oil price

SAUDI Arabia wants to get oil prices near US$80 a barrel to pay for the government's...
PUBLISHED Apr 12, 2018 05:50 AM

TECHNOLOGY

China freezes out Toutiao, Tencent apps as crackdown widens

CHINA has ordered one of the country's fastest-growing Internet startups, Beijing...
PUBLISHED Apr 12, 2018 05:50 AM
COMMENTARY

Temasek's wearing rose-tinted glasses with Ant Financial

TEMASEK Holdings Pte has pretty high hopes for Ant Financial.
PUBLISHED Apr 12, 2018 05:50 AM

Google in talks to buy Nokia's airplane broadband system: sources

GOOGLE is in talks to acquire Nokia Oyj's airplane broadband business as the...
PUBLISHED Apr 12, 2018 05:50 AM

Uber sexual harassment complaints not all that terrible, says women's lawyer

ALLEGATIONS about rampant sexual harassment at Uber Technologies helped drive Travis...
PUBLISHED Apr 12, 2018 05:50 AM

CONSUMER

Billionaire brothers in Indonesia chase telco assets

INDONESIAN billionaire brothers Michael and Budi Hartono, who built their fortunes by...
PUBLISHED Apr 12, 2018 05:50 AM

Luxury's happy problem: what to do with 17.4b euros in cash

FOR Europe's luxury giants, it's a nice dilemma to have: What to do with all...
PUBLISHED Apr 12, 2018 05:50 AM

TRANSPORT

VW CEO Mueller's likely exit heralds sweeping changes at carmaker

VOLKSWAGEN'S board abruptly ended the tenure of chief executive officer Matthias...
PUBLISHED Apr 12, 2018 05:50 AM

HNA postpones Swissport sale, shelving second IPO in 2 weeks

HNA Group Co is postponing a planned share sale in its aircraft ground-handling company...
PUBLISHED Apr 12, 2018 05:50 AM

GOVERNMENT & ECONOMY

Global trade order may be biggest casualty of US tariff moves

THE World Trade Organization is facing the greatest crisis of its 23-year existence.
PUBLISHED Apr 12, 2018 05:50 AM

EU unveils consumer protection rules, vows 'tougher fines'

THE EU on Wednesday unveiled rules to bolster European consumer protections by ensuring...
PUBLISHED Apr 12, 2018 05:50 AM

ECB needs to move very gradually in normalisation

EUROZONE inflation will eventually pick up as the economy grows, but the European Central...
PUBLISHED Apr 12, 2018 05:50 AM

China factory inflation slows in sign of ebbing growth

China's factory-gate inflation cooled to a 17-month low in March, probably...
PUBLISHED Apr 12, 2018 05:50 AM

Japan's Feb machinery orders beat expectations again

JAPAN'S core machinery orders rose unexpectedly in February for a second consecutive...
PUBLISHED Apr 12, 2018 05:50 AM

China pledges to widen access to financial market

CHINA laid out a clearer timetable on Wednesday for opening its financial sector to more...
PUBLISHED Apr 12, 2018 05:50 AM

Central banks heading back to eurozone govt debt

MAJOR global central banks are ramping up purchases of eurozone government bonds, banking...
PUBLISHED Apr 12, 2018 05:50 AM

Moody's, Fitch see limited impact of US tariffs on Chinese economy

GLOBAL rating agencies Moody's Investors Service and Fitch Ratings said on Wednesday...
PUBLISHED Apr 12, 2018 05:50 AM

UK Feb factory output falls for first time in almost a year

BRITISH manufacturing output fell unexpectedly in February, its first month-on-month drop...
PUBLISHED Apr 12, 2018 05:50 AM

'Catastrophe' for Ireland situation if no EU deal: Hammond

BRITISH Finance Minister Philip Hammond told a German newspaper that it would be a "...
PUBLISHED Apr 12, 2018 05:50 AM

Self-regulation for Facebook may end: US senators

SENATORS grilling Facebook Inc's co-founder Mark Zuckerberg over a data leak...
PUBLISHED Apr 12, 2018 05:50 AM

LIFE & CULTURE

Stereophonics: Playing to a musically fluid tune

Stereophonics do not want to be "one type of band" - they like to keep their...
PUBLISHED Apr 12, 2018 05:50 AM

Putting the best foot forward to raise funds

EIGHT teams of futsal players took to the pitch in the open category of the second...
PUBLISHED Apr 12, 2018 05:50 AM

Bite the dust at Bangkok's 'death awareness' cafe

DYING for a cup of coffee? You will feel right at home at Bangkok's new "death...
PUBLISHED Apr 12, 2018 05:50 AM

OPINION

Roseanne shines light on today's two Americas

When the American sitcom Roseanne was originally launched on the ABC television network...
PUBLISHED Apr 12, 2018 05:50 AM
THE BOTTOM LINE

How to make Facebook more accountable

FACEBOOK is in a pickle. Its founder, Mark Zuckerberg, is on a mea culpa tour. In media...
PUBLISHED Apr 12, 2018 05:50 AM
EDITORIAL

Poor employee engagement in Singapore? Bosses must walk the talk

FOR a workforce that once upon a time used to rank among the world's most productive...
PUBLISHED Apr 12, 2018 05:50 AM

A long-term investment approach while focusing on core principles

MY earliest lessons on the importance of investing came from my parents. My father owned...
PUBLISHED Apr 12, 2018 05:50 AM
COMMENTARY

How inequality fuelled the euro crisis

SINCE the Great Recession of 2007-2009, most economists have begun to regard finance as a...
PUBLISHED Apr 12, 2018 05:50 AM

BREAKING NEWS

Jul 21, 2018 02:22 PM

Nasa prepares to fly probe into Sun's scorching atmosphere

[CAPE CANAVERAL, Florida] Nasa is preparing to send a probe closer to the Sun than any other spacecraft has ventured,...
Jul 21, 2018 02:04 PM

Young voters with smartphones may prove to be a bane for Pakistani politicians

[ISLAMABAD] The crowd of young Pakistanis, many armed with smartphones, surround the politician's car and begin...
Jul 21, 2018 01:38 PM

Currency war erupts, threatening to ripple across global markets

[NEW YORK] The currency war has arrived.
Jul 21, 2018 01:19 PM

Trump says NFL anthem protesters shouldn't be paid

[MIAMI] US President Donald Trump again goaded the National Football League (NFL) over its handling of controversial...
Jul 21, 2018 01:08 PM

'Contentious' Duterte, Philippines' inflation worry for Moody's

[MANILA] The Philippines kept its investment-grade rating at Moody's Investors Service, but not without a caution...
Jul 21, 2018 12:05 PM

Got US$250? You can go to Sean Spicer’s book party

[WASHINGTON] Typically, an author's colleagues have a house party to launch a book, or gather in a local pub...
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