Wednesday, Apr 18, 2018

TOP STORIES

Singapore exports fall for 2nd consecutive month in March

SINGAPORE'S exports continued to disappoint for the second straight month in March,...
PUBLISHED Apr 18, 2018 05:50 AM

Brunei prince and Ron Sim buy into Singapore-listed UnUsUaL in S$25.8m deal

BRUNEI'S Prince Abdul Qawi and Singapore's Ron Sim have teamed up to buy a...
PUBLISHED Apr 18, 2018 05:50 AM

Tech and data key to transforming the travel trade

THE tourism industry can use technology to sharpen marketing efforts, refresh tourism...
PUBLISHED Apr 18, 2018 05:50 AM
BT EXCLUSIVE

Bayer's magic formula in Singapore - open collaboration

BAYER'S absence last year from an industry manufacturing consortium did not mean...
PUBLISHED Apr 18, 2018 05:50 AM

New Singapore jobs portal to better match job-seekers and employers

A HIGH-tech national jobs portal developed by Workforce Singapore (WSG) and the...
PUBLISHED Apr 18, 2018 05:50 AM

Robo-breadmaker firm Zimplistic gets US$30m in series C funding

ZIMPLISTIC, the creator of flatbread-making robot Rotimatic, has signed a US$30 million...
PUBLISHED Apr 18, 2018 05:50 AM

SMRT CEO Desmond Kuek stepping down

SMRT chief executive Desmond Kuek is stepping down after 5½ years at the helm, and his...
PUBLISHED Apr 18, 2018 05:50 AM

China beats forecasts with 6.8% growth in first quarter

CHINA'S economy grew 6.8 per cent in the first quarter of 2018, slightly faster than...
PUBLISHED Apr 18, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

With Uber off the roads, will ComfortDelGro shift gears?

SINCE Uber's retreat from the region became apparent in late March, investor...
PUBLISHED Apr 18, 2018 05:50 AM
HOT STOCK

Ezion loses steam after early gains on return to trading

FAILING to hold early gains after trading resumes for its counter, offshore and marine (O...
PUBLISHED Apr 18, 2018 05:50 AM

First Reit improves Q1 DPU to 2.15 cents

DISTRIBUTION per unit for First Real Estate Investment Trust (First Reit) in its first...
PUBLISHED Apr 18, 2018 05:50 AM

Q1 profit at largest US health insurer beats estimates

UNITEDHEALTH Group Inc, the largest US health insurer, raised its earnings forecast for...
PUBLISHED Apr 18, 2018 05:50 AM

Olam launches AtSource platform in sustainability push

OLAM International on Tuesday launched a digital platform that provides its customers...
PUBLISHED Apr 18, 2018 05:50 AM

Keppel-KBS US Reit posts DPU of 2.32 US cents

US OFFICE landlord Keppel-KBS US Reit delivered distribution per unit (DPU) of 2.32 US...
PUBLISHED Apr 18, 2018 05:50 AM

Deutsche Bank calls off India portfolio sale: sources

DEUTSCHE Bank AG has called off talks to sell its retail and private wealth businesses in...
PUBLISHED Apr 18, 2018 05:50 AM

Temasek hikes Bayer stake in 3b euro share sale

GERMAN drugmaker Bayer is raising three billion euros (S$4.8 billion) towards its planned...
PUBLISHED Apr 18, 2018 05:50 AM

China police probed Midas ex-boss over loans, board says

UNBEKNOWN to the company, the former executive chairman of troubled railway parts maker...
PUBLISHED Apr 18, 2018 05:50 AM

Higher costs eat into Keppel T&T's bottom line

OPERATING losses widened in the first quarter at Keppel Telecommunications &...
PUBLISHED Apr 18, 2018 05:50 AM

China Sports files for judicial management in S'pore High Court

SPORTSWEAR maker China Sports International has applied to the Singapore High Court on...
PUBLISHED Apr 18, 2018 05:50 AM

Abterra's auditors resign over non-resolution of outstanding audit matters

MINERAL and resources company Abterra Limited announced on Tuesday morning that its...
PUBLISHED Apr 18, 2018 05:50 AM

Corporate digest

OCBC Bank has priced A$600 million (S$611.7 million) of senior floating rate notes due...
PUBLISHED Apr 18, 2018 05:50 AM

Barclays gauging clients' interest in crypo trading desk: sources

BARCLAYS Plc has been gauging clients' interest in the British bank starting a...
PUBLISHED Apr 18, 2018 05:50 AM
STOCKS

Mixed data drives flat trading; STI up 1 point

A MIXED bag of positive and negative data releases led share prices in the Singapore...
PUBLISHED Apr 18, 2018 05:50 AM

Brokers take

M1 | Hold
PUBLISHED Apr 18, 2018 05:50 AM
CURRENCIES

Euro climbs to 3-week high as US dollar weakens

THE euro rose above US$1.24 to a three-week high on Tuesday after solid Chinese economic...
PUBLISHED Apr 18, 2018 05:50 AM

REAL ESTATE

Asia Gardens sold en bloc for S$343m to consortium

ASIA Gardens, located along Everton Road in the Spottiswoode enclave, has been sold for S...
PUBLISHED Apr 18, 2018 05:50 AM

China's property investment up 10.4% in Q1

CHINA'S real estate investment posted its fastest year-to-date growth in three years...
PUBLISHED Apr 18, 2018 05:50 AM

IMF hits out at New Zealand ban on foreign home buyers

THE International Monetary Fund (IMF) has criticised New Zealand's "...
PUBLISHED Apr 18, 2018 05:50 AM

GIC-backed Vietnam developer Vinhomes planning US$2b IPO

VINGROUP JSC, Vietnam's biggest developer, is targeting an initial equity offering...
PUBLISHED Apr 18, 2018 05:50 AM

BANKING & FINANCE

Austria revives debate on shielding banks from eastern Europe losses

AUSTRIAN banks, whose rush into eastern Europe after communist rule ended made them among...
PUBLISHED Apr 18, 2018 05:50 AM

NTU launches new master's programme for asset and wealth management

NANYANG Technological University (NTU) is launching a new postgraduate programme in asset...
PUBLISHED Apr 18, 2018 05:50 AM

ENERGY & COMMODITIES

Oil rebounds as Opec's hints of extended cuts stoke optimism

OIL rebounded from its biggest loss in more than a week as Opec hinted at extending...
PUBLISHED Apr 18, 2018 05:50 AM

Cocoa prices jump after Citigroup sees supply shortages ahead

COCOA prices took off on Monday after Citigroup Inc predicted the tightest supply...
PUBLISHED Apr 18, 2018 05:50 AM

Tepco shares up 4% after Niigata governor says he is thinking of resigning

TOKYO Electric Power Company Holdings Inc (Tepco) shares rose more than 4 per cent on the...
PUBLISHED Apr 18, 2018 05:50 AM

CONSUMER

Netflix's boost in original programming pays off with subscriber surge

NETFLIX'S blitz of original programmes attracted a surprisingly high 7.4 million new...
PUBLISHED Apr 18, 2018 05:50 AM

Net-a-Porter founder makes comeback

NATALIE Massenet said that she had planned to keep a low profile after she stepped down...
PUBLISHED Apr 18, 2018 05:50 AM

TRANSPORT

STRAIT TALK

All aboard for Singapore Maritime Week

OUR friends at the Maritime and Port Authority of Singapore (MPA) tell us that Singapore...
PUBLISHED Apr 18, 2018 05:50 AM

Hong Kong's tiny golf carts at HK$2m cost more than a Porsche Boxster

AS CARMAKERS race to sell glitzy new models to wealthy Chinese, the old-fashioned golf...
PUBLISHED Apr 18, 2018 05:50 AM

MPA, Namic ink MOU to develop 3D printing applications for maritime sector

THE Maritime and Port Authority of Singapore (MPA) and the National Additive...
PUBLISHED Apr 18, 2018 05:50 AM

Boeing 787's range capped by FAA after latest Rolls glitch

BOEING Co 787 Dreamliner planes equipped with a batch of potentially faulty Rolls-Royce...
PUBLISHED Apr 18, 2018 05:50 AM

GOVERNMENT & ECONOMY

PM Lee in London for Commonwealth leaders' summit

PRIME MINISTER Lee Hsien Loong is on a three-day visit to London starting Wednesday,...
PUBLISHED Apr 18, 2018 05:50 AM

Singapore 3rd most expensive in Asia for business travel in 2017

SINGAPORE emerged in joint third position with Seoul in a ranking of the most expensive...
PUBLISHED Apr 18, 2018 05:50 AM

What expats like and are peeved about in Singapore

EXPATRIATES rate Singapore highly as a relocation centre, but fret about its high...
PUBLISHED Apr 18, 2018 05:50 AM

IMF spots trouble ahead as solid world growth poised to slow

THE IMF predicted the world economy's strongest upswing since 2011 will continue for...
PUBLISHED Apr 18, 2018 05:50 AM
LATEST US DATA

Industrial output cools in March, but stays strong

US industrial output slowed last month amid a sudden drop in manufacturing, but remained...
PUBLISHED Apr 18, 2018 05:50 AM

Dr M in retort to Hadi: 'Go back to school; teach religion'

IN A tit for tat between veteran politicians, Tun Dr Mahathir Mohamad told PAS president...
PUBLISHED Apr 18, 2018 05:50 AM

India calms currency crunch tensions; ensures adequate supply

INDIA'S government and the central bank will ensure there is an adequate amount of...
PUBLISHED Apr 18, 2018 05:50 AM

LIFE & CULTURE

TAKING HEART

Iron Man swears in 37 new Avengers

THIRTY-SEVEN children, beneficiaries of Make-A-Wish Foundation, were sworn in as Avengers...
PUBLISHED Apr 18, 2018 05:50 AM

A stratospheric calling to document viruses and how they affect humans

HIGH in the Sierra Nevada mountains of Spain, an international team of researchers set...
PUBLISHED Apr 18, 2018 05:50 AM

EXECUTIVE MONEY

Focusing on a manager's best stock ideas may not be a good idea

STOCK funds with concentrated portfolios - 30 or 40 holdings, tops - are supposed to...
PUBLISHED Apr 18, 2018 05:50 AM

Finding emerging market equities with a social conscience

UNTIL recently, investors interested in emerging market funds had few ways of singling...
PUBLISHED Apr 18, 2018 05:50 AM

OPINION

Hegemonic designs in the Middle East clash

WESTERN media have been preoccupied by limited airstrikes from the United States, Britain...
PUBLISHED Apr 18, 2018 05:50 AM
EDITORIAL

Pedestrian safety is paramount in personal mobility devices framework

Love it or hate it, the ubiquitous personal mobility device (PMD) has become an integral...
PUBLISHED Apr 18, 2018 05:50 AM
THE BOTTOM LINE

Earth, wind and liars amid moneyed politics

PETER Thiel, Facebook investor and Donald Trump supporter, is by all accounts a terrible...
PUBLISHED Apr 18, 2018 05:50 AM

Sustainable development: What does it really mean?

SUSTAINABLE development is mom's apple pie and the central organising principle of...
PUBLISHED Apr 18, 2018 05:50 AM

Europe could be counterweight to global wave of nationalism

EUROPE has a decision to make. It can stand by as nationalism and authoritarianism...
PUBLISHED Apr 18, 2018 05:50 AM

Unlocking nascent digital power in every organisation

THE word "digital" is usually associated with technology but it takes more than...
PUBLISHED Apr 18, 2018 05:50 AM

BREAKING NEWS

May 21, 2018 01:42 PM

Beyond the US dollar everything's 'just noise' for emerging markets

[DUBAI] As if emerging-market investors didn’t have enough to worry about - with political flare-ups and central-bank...
May 21, 2018 01:31 PM

Indonesia central bank steps up FX swap auctions to support liquidity

[JAKARTA] Indonesia's central bank will conduct three foreign exchange swap auctions this week to ensure there is...
May 21, 2018 01:11 PM

Singapore stocks: STI resumes Monday afternoon trading at 3,559.81, up 0.9%

SINGAPORE stocks resumed trading higher on Monday afternoon, with the Straits Times Index advancing 30.54 points, or 0...
May 21, 2018 01:09 PM

Thai Q1 GDP grows at best pace in 5 years, govt raises 2018 forecast

[BANGKOK] Thailand produced its fastest economic growth in five years in the first quarter, boosted by strong exports...
May 21, 2018 12:52 PM

Foreign outflow in Malaysian stocks accelerate to four-year high

[KUALA LUMPUR] Malaysia's benchmark equity index rebounded last week but that didn't stop an acceleration of...
May 21, 2018 12:33 PM

Abuses pushed Malaysia's debt over RM1 trillion, says Mahathir

[KUALA LUMPUR] Malaysia is saddled with over RM1 trillion (S$338.3 billion) in debt, Prime Minister Mahathir Mohamad...
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