Tuesday, Apr 17, 2018

TOP STORIES

BT EXCLUSIVE

Circles.Life hopes to bring partners aboard its digital platform

EVEN as its listed competitors grow their enterprise arms, mobile network operator...
PUBLISHED Apr 17, 2018 05:50 AM

Analysts make light of March fall in developers' home sales

MARCH private home sales dived almost 60 per cent from a year ago - but industry players...
PUBLISHED Apr 17, 2018 05:50 AM

Faber Garden on the market for S$1.18b

WITH a reserve price of S$1.18 billion, the freehold Faber Garden at Upper Thomson could...
PUBLISHED Apr 17, 2018 05:50 AM

Strict short-term rental rules likely to have limited impact

GIVEN the stringency of the newly-proposed regulations for the rental of homes for short-...
PUBLISHED Apr 17, 2018 05:50 AM

Tech on tap to help local food manufacturers

LOCAL food manufacturers can now extend the shelf-life of their food products by using...
PUBLISHED Apr 17, 2018 05:50 AM

Fortis board to meet this week to consider all options amid 3 offers

INDIA'S Fortis Healthcare Ltd said on Monday its board is expected to meet this week...
PUBLISHED Apr 17, 2018 05:50 AM

Kimberly-Clark to ramp up Tuas factory output

CONSUMER giant Kimberly-Clark is making a fresh investment in its manufacturing...
PUBLISHED Apr 17, 2018 05:50 AM
LATEST US DATA

Retail sales jump 0.6% after three straight months of declines

US RETAIL sales rebounded in March after three straight monthly declines as households...
PUBLISHED Apr 17, 2018 05:50 AM
OPINION

Stepping up: preparing the next generation to lead

LAST year's filming of a movie on ultra-high net worth families in Singapore had...
PUBLISHED Apr 17, 2018 05:50 AM

Construction for Singapore's end of high-speed rail expected to start in 2019

THE Land Transport Authority (LTA) has called tenders for the design and construction of...
PUBLISHED Apr 17, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Ezion trading: Will optimists or short-sellers prevail?

EZION Holdings looks set to re-open to frenzied trading this week when it emerges from a...
PUBLISHED Apr 17, 2018 05:50 AM

M1 profit flat at S$34.1m for Q1

TELCO M1 on Monday posted stable net profits at S$34.1 million for the three months ended...
PUBLISHED Apr 17, 2018 05:50 AM

Noble wins founder Elman's support with proposal tweak

NOBLE Group has won over its founder and largest shareholder Richard Elman to its debt...
PUBLISHED Apr 17, 2018 05:50 AM

Midas board uncovers 334m yuan cash shortfall in China unit's accounts

THE board of directors of railway parts maker Midas Holdings has filed a police report...
PUBLISHED Apr 17, 2018 05:50 AM

Keppel DC Reit DPU down 4.8% in Q1

KEPPEL DC Reit has posted a first-quarter distribution per unit (DPU) of 1.80 Singapore...
PUBLISHED Apr 17, 2018 05:50 AM

Keppel Infrastructure Trust's Q1 DPU flat

KEPPEL Infrastructure Trust (KIT) yesterday reported a distribution per unit (DPU) of 0...
PUBLISHED Apr 17, 2018 05:50 AM

JD.com to take 33% stake in Allianz China unit

JD.COM Inc will invest 536.6 million yuan (S$112 million) for a 33 per cent stake in the...
PUBLISHED Apr 17, 2018 05:50 AM

Corporate digest

A UNIT of Bonvests unit has acquired 29 units of residential town houses at 725...
PUBLISHED Apr 17, 2018 05:50 AM

UOB teams up with China fintech to grow credit assessment in SE Asia

UNITED Overseas Bank (UOB), which has the largest South-east Asia network of the three...
PUBLISHED Apr 17, 2018 05:50 AM

Civmec wins shareholders' approval for dual listing

AUSTRALIAN construction and engineering company Civmec is one step closer to executing...
PUBLISHED Apr 17, 2018 05:50 AM
STOCKS

STI down 0.12% as market moves sideways

THE Singapore stock market was off to a "soft start" on Monday, trading...
PUBLISHED Apr 17, 2018 05:50 AM

Brokers' take

With Hutchison Port Holdings (HPH) Trust's share price declining by over 10 per cent...
PUBLISHED Apr 17, 2018 05:50 AM
CURRENCIES

Dollar heads towards 2-week lows as short bets rise

THE dollar weakened on Monday and headed towards a two-week low against a basket of...
PUBLISHED Apr 17, 2018 05:50 AM

REAL ESTATE

Metro unit to invest S$114m in Jakarta residential project

PROPERTY development and investment group Metro Holdings has tied up with the Trans...
PUBLISHED Apr 17, 2018 05:50 AM

London house prices keep falling

HOME prices in London are continuing to fall, prolonging a slump that's seen the...
PUBLISHED Apr 17, 2018 05:50 AM

In Silicon Valley, US$800k buys you a burned shell of a house

A SUM of US$800,000 is certainly not an unheard of price in the world of residential real...
PUBLISHED Apr 17, 2018 05:50 AM

WeWork venture pays £580m for London complex

WEWORK Cos and two other companies paid about £580 million (S$1.09 billion) for an...
PUBLISHED Apr 17, 2018 05:50 AM

E-commerce gives boost to warehouse Reits

FORGET your fancy office towers. The future lies in warehouses.
PUBLISHED Apr 17, 2018 05:50 AM

BANKING & FINANCE

Stay inclusive amid tech changes, MAS tells banks

BANKS and fintech businesses must make sure that underserved communities are not left...
PUBLISHED Apr 17, 2018 05:50 AM

Singapore fintech startup Silot raises nearly US$3m in pre-Series A funding

SINGAPORE-headquartered fintech company Silot has raised some US$2.87 million from...
PUBLISHED Apr 17, 2018 05:50 AM

Greek banks expected to pass ECB's stress test: National Bank chief

GREEK banks will pass the European Central Bank's (ECB) stress test of their...
PUBLISHED Apr 17, 2018 05:50 AM

ENERGY & COMMODITIES

Trudeau seeks talks with Kinder Morgan to build oil pipeline to Pacific

JUSTIN Trudeau plans to start financial talks with Kinder Morgan Inc on the Trans...
PUBLISHED Apr 17, 2018 05:50 AM

Japan 'rare earth' haul sparks hopes of cutting China reliance

THE discovery of potentially millions of tonnes of valuable "rare earth"...
PUBLISHED Apr 17, 2018 05:50 AM

TECHNOLOGY

Samsung dials into blockchain to run supply chain

THE world's biggest maker of smartphones and semiconductors may use the technology...
PUBLISHED Apr 17, 2018 05:50 AM

UK lawmakers warn against tech giants dominating AI industry

AN influential body of UK lawmakers said regulators should stop major tech companies from...
PUBLISHED Apr 17, 2018 05:50 AM

CONSUMER

Advertising giant WPP treads new path without founder at the helm

WPP, the world's biggest advertising company, will head into uncharted territory on...
PUBLISHED Apr 17, 2018 05:50 AM
COMMENTARY

Meituan steers onto collision course with Alibaba

MEITUAN-DIANPING is steering onto a collision course with Alibaba. China's US$30...
PUBLISHED Apr 17, 2018 05:50 AM

Palm oil board says British supermarket misleading consumers

THE Council of Palm Oil Producing Countries (CPOPC), a palm oil board led by Indonesia...
PUBLISHED Apr 17, 2018 05:50 AM

Tencent- backed fashion app seeks US$4b IPO

YET another Chinese technology company is headed for an initial public offering.
PUBLISHED Apr 17, 2018 05:50 AM

TRANSPORT

Invest in electric cars or lose out, German minister tells carmakers

THE German automotive industry must invest heavily in electric car technology and develop...
PUBLISHED Apr 17, 2018 05:50 AM

GM confirms plan to cut 1,500 workers, but says it won't abandon small car market

GENERAL Motors confirmed on Sunday its plans to eliminate a shift at an Ohio plant,...
PUBLISHED Apr 17, 2018 05:50 AM

Bombardier Global 7000 claims crown as longest-range luxury jet

BOMBARDIER Inc is extending the range of its marquee business jet to 7,700 nautical miles...
PUBLISHED Apr 17, 2018 05:50 AM

Korean Air unions call for sister of 'nut rage' heiress to step down after alleged abusive behaviour

KOREAN Air Lines' labour unions called for the youngest daughter of its chairman, a...
PUBLISHED Apr 17, 2018 05:50 AM

Robots in the dockyards: shipbuilders embrace automation to cut costs

A ROBOT invasion is underway in one of the last labour-intensive industries -...
PUBLISHED Apr 17, 2018 05:50 AM

GOVERNMENT & ECONOMY

Jockeying for ECB, BOE successors is underway

TWO vital central bank changes are due to take place in 2019. They are the successors of...
PUBLISHED Apr 17, 2018 05:50 AM

Division slows Trump's push for quick Nafta deal

PRESIDENT Donald Trump's push for a quick resolution to Nafta talks is being stymied...
PUBLISHED Apr 17, 2018 05:50 AM

UK's May looks to Commonwealth as new source of trade

BRITISH Prime Minister Theresa May on Monday extolled the benefits of free trade among...
PUBLISHED Apr 17, 2018 05:50 AM

Why India is far from being named a currency manipulator

INDIA made a surprising entry on the US Treasury's currency watch list last week,...
PUBLISHED Apr 17, 2018 05:50 AM

LIFE & CULTURE

UFC returns to Singapore on June 23

THE Ultimate Fighting Championship (UFC) will make its big return to Singapore this June...
PUBLISHED Apr 17, 2018 05:50 AM

Rampage sneaks up on A Quiet Place to win weekend US box office

AFTER a weekend of fluctuating projections, Dwayne Johnson (just barely) owned the North...
PUBLISHED Apr 17, 2018 05:50 AM

SME

Just what the patient ordered

IMAGINE seeing a doctor via a video call, getting an electronic medical certification (e-...
PUBLISHED Apr 17, 2018 05:50 AM

Bridging the SME talent gap

SMALL and medium-sized enterprises (SMEs) play a significant role in Singapore's...
PUBLISHED Apr 17, 2018 05:50 AM

OPINION

EDITORIAL

Washington's Taiwan Travel Act threatens regional stability

BEIJING's present difficulties over its trade relationship with the United States...
PUBLISHED Apr 17, 2018 05:50 AM

How not to take Facebook to task

UNLIKE the American oil giants, this company does not seek the protection of the US...
PUBLISHED Apr 17, 2018 05:50 AM
THE BOTTOM LINE

China's 'sea parade' for projecting power and striking fear

IN his epic speech at the Communist party congress last October, party leader and state...
PUBLISHED Apr 17, 2018 05:50 AM

Singapore renews its focus on engagement

SINGAPORE is a magnet for global talent, and its business community is exceptionally...
PUBLISHED Apr 17, 2018 05:50 AM
COMMENTARY

May to put economic ties first in Modi meeting

INDIAN Prime Minister Narendra Modi starts on Tuesday a landmark trip to the United...
PUBLISHED Apr 17, 2018 05:50 AM
COMMENTARY

Will a poisoned chalice await Draghi successor in 2019?

AN unpleasant cocktail of monetary circumstances is starting to bubble up in the...
PUBLISHED Apr 17, 2018 05:50 AM

BREAKING NEWS

May 25, 2018 05:47 PM

Malaysia: Shares close higher on Friday

MALAYSIAN stocks closed higher on Friday, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 21.74 points to...
May 25, 2018 05:36 PM

Singapore shares close 0.4% lower on Friday

SHARE prices in the Singapore bourse ended the week on a weak note, with the key Straits Times Index down 15.69 points...
May 25, 2018 04:21 PM

Leonie Gardens in District 9 goes en bloc with S$800m reserve price; Lakeside Apartments at S$240m

HUTTONS Asia announced it is launching Leonie Gardens for collective sale by tender with a reserve price of S$800...
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