Friday, Apr 20, 2018

TOP STORIES

Even millionaires have cost worries if they live to a 100

CLOSE to half of Singapore's millionaires expect to live to 100, and this is driving...
PUBLISHED Apr 20, 2018 05:50 AM

SP Group to launch platform for home owners to sell solar energy certs

POWER grid operator SP Group is tapping blockchain technology to link up residential and...
PUBLISHED Apr 20, 2018 05:50 AM

The future of warfare in BT Weekend

Artificial intelligence and robotics are fast becoming part of the tools of war, an...
PUBLISHED Apr 20, 2018 05:50 AM

China to impose anti-dumping measures on synthetic rubber imported from Singapore, US, EU

CHINA will impose temporary anti-dumping measures on a certain type of synthetic rubber...
PUBLISHED Apr 20, 2018 05:50 AM

Lian Beng JV buys Sembawang Shopping Centre from CapitaLand Mall Trust

LIAN Beng-Apricot Sembawang (LBAS) is buying Sembawang Shopping Centre from CapitaLand...
PUBLISHED Apr 20, 2018 05:50 AM
PM LEE IN LONDON

Queen Elizabeth II hopes for reinvigoration of the Commonwealth

QUEEN ELIZABETH II on Thursday expressed hope that her son Prince Charles would carry on...
PUBLISHED Apr 20, 2018 05:50 AM
MAY DAY MESSAGE

NTUC working on services for workers and their families

NTUC SECRETARY-GENERAL Chan Chun Sing yesterday said the National Trades Union Congress...
PUBLISHED Apr 20, 2018 05:50 AM

Worst of US-China trade tensions is over: JP Morgan

THE worst of the trade tensions between US and China appears to be over as both sides now...
PUBLISHED Apr 20, 2018 05:50 AM

US, Japan to start talks on 'trade deals': Abe

FACING US pressure, Japanese Prime Minister Shinzo Abe said that Tokyo was ready to begin...
PUBLISHED Apr 20, 2018 05:50 AM

Admaterials Technologies R&D efforts pay off with increase in revenues

HOMEGROWN Admaterials Technologies has shown that investments in research and development...
PUBLISHED Apr 20, 2018 05:50 AM

COMPANIES & MARKETS

Keppel Corp Q1 profit up 34% buoyed by property division

UNDERPINNED by its property business, Keppel Corporation's net profit for the first...
PUBLISHED Apr 20, 2018 05:50 AM

Noble drops controversial move in restructuring proposal

NOBLE Group will drop a provision from its restructuring proposal that has drawn...
PUBLISHED Apr 20, 2018 05:50 AM

SIA stays on board as Singapore F1 title sponsor till 2019

SINGAPORE Airlines (SIA) announced on Thursday it will extend its title sponsorship of...
PUBLISHED Apr 20, 2018 05:50 AM

Oxley, SC Global, Super Group bosses take shares in Lian Beng spin-off

THE public tranche of property developer SLB Development's initial public offering (...
PUBLISHED Apr 20, 2018 05:50 AM

CSE Global eyes new projects with Serba Dinamik

A BLOCK sale last Friday that turned CSE Global into the associate company of Malaysia-...
PUBLISHED Apr 20, 2018 05:50 AM
HOCK LOCK SIEW

Excitement over Sats' potential deal with HNA units could be overblown

SATS' shares have surged following reports last week that its biggest shareholder...
PUBLISHED Apr 20, 2018 05:50 AM

Maybank prepares to spin off and list insurance unit

MALAYAN Banking Bhd (Maybank), Malaysia's biggest bank, is preparing to spin off and...
PUBLISHED Apr 20, 2018 05:50 AM
STOCKS

STI rises on higher oil prices, US economy

THE Singapore bourse rose for the third straight day on Thursday buoyed by oil prices...
PUBLISHED Apr 20, 2018 05:50 AM

Brokers' take

While first quarter is the seasonally weakest, we consider 1Q18 distribution per unit (...
PUBLISHED Apr 20, 2018 05:50 AM
CURRENCIES

Euro stumbles as yield rise supports US dollar

THE euro briefly flirted with US$1.24 on Thursday but a rise in long-term US bond yields...
PUBLISHED Apr 20, 2018 05:50 AM

UOB names Wee Ee Lim as non-independent, non-executive director

MAINBOARD-listed United Overseas Bank (UOB) has appointed Wee Ee Lim, 56, as a non-...
PUBLISHED Apr 20, 2018 05:50 AM

Corporate digest

China Sunsine
PUBLISHED Apr 20, 2018 05:50 AM

REAL ESTATE

Kampong Bugis master developer tender to be launched in 1 to 2 years

A TENDER for a master developer to redevelop Kampong Bugis near the Kallang River into a...
PUBLISHED Apr 20, 2018 05:50 AM

London's skyline soars with more than 500 skyscrapers in pipeline

THE number of high-rise buildings being planned or built in London has risen above 500...
PUBLISHED Apr 20, 2018 05:50 AM

InterContinental  sees 'incredible' long-term market in UK

INTERCONTINENTAL Hotels Group sees an "incredible" long-term market in London...
PUBLISHED Apr 20, 2018 05:50 AM

German homes market making up for lost ground, says developer

GERMAN home prices are rising at the fastest pace in decades, reviving talk of a property...
PUBLISHED Apr 20, 2018 05:50 AM

Starwood launches bid for stakes in CA Immo, Immofinanz

US PROPERTY investment firm Starwood Capital Group launched its bid for minority stakes...
PUBLISHED Apr 20, 2018 05:50 AM

DLF to explain how it's cashing in on India land

INDIA'S largest property developer DLF will share details of plans to develop its...
PUBLISHED Apr 20, 2018 05:50 AM

China may be set for rare property defaults, says fund manager

CHINESE developers may be headed for rare defaults on their debts as rising interest...
PUBLISHED Apr 20, 2018 05:50 AM

BANKING & FINANCE

Riksbank warned against creating e-krona

THE Swedish central bank's deliberation on creating an electronic currency is...
PUBLISHED Apr 20, 2018 05:50 AM

Australian banks told to restore trust as scandal inquiry continues

AUSTRALIA'S financial services minister said on Thursday that the country's...
PUBLISHED Apr 20, 2018 05:50 AM

Hong Kong's HK$51.3b intervention mops up 30% of cash

THE Hong Kong Monetary Authority bought a total of US$6.5 billion in defence of the local...
PUBLISHED Apr 20, 2018 05:50 AM

ENERGY & COMMODITIES

Gold flat, dollar steady on higher US yields

GOLD prices were flat early Thursday while the US dollar stayed firm, helped by higher...
PUBLISHED Apr 20, 2018 05:50 AM

Oil futures up 3% on US stockpiles, Saudi target

OIL futures jumped nearly 3 per cent on Wednesday on a decline in US crude inventories...
PUBLISHED Apr 20, 2018 05:50 AM

Chop down trees to save the forest, scientists tell palm oil producers

JAPANESE scientists are encouraging South-east Asia's palm oil producers to chop...
PUBLISHED Apr 20, 2018 05:50 AM

TECHNOLOGY

Gates backs gene tech in fight to end malaria

GENE-EDITING technologies that alter mosquitoes' DNA could prove critical in the...
PUBLISHED Apr 20, 2018 05:50 AM

Facebook to put 1.5 billion users out of reach of new EU privacy law

IF A new European law restricting what companies can do with people's online data...
PUBLISHED Apr 20, 2018 05:50 AM

CONSUMER

P&G to buy Merck's consumer health business for 3.4b euros

PROCTER & GAMBLE Co will acquire the consumer health business of Merck KGaA for about...
PUBLISHED Apr 20, 2018 05:50 AM

Pernod sees stronger profit, dividends as China sales surge

CHINA'S New Year celebrations drove a surge in demand for Pernod Ricard's...
PUBLISHED Apr 20, 2018 05:50 AM

Nestle gets US boost from more spending on pets

NESTLE SA is getting a boost from US consumers spending more on their pets as economic...
PUBLISHED Apr 20, 2018 05:50 AM

Comcast bid more than Disney for 21st Century Fox

RUPERT Murdoch sold most of 21st Century Fox to Disney in December for US$52.4 billion,...
PUBLISHED Apr 20, 2018 05:50 AM

TRANSPORT

Blockchain to revolutionise shipping

GLOBALISATION has brought the most advanced trading networks the world has seen, with the...
PUBLISHED Apr 20, 2018 05:50 AM

Nissan aims to triple China sales

NISSAN Motor Co's premium brand Infiniti plans to at least triple sales in China...
PUBLISHED Apr 20, 2018 05:50 AM

May-July COE quota to drop 4%

THERE will be fewer Certificate of Entitlements (COEs) to bid for the coming three months...
PUBLISHED Apr 20, 2018 05:50 AM

GOVERNMENT & ECONOMY

US economic growth on track despite tariff concerns: Fed report

"ROBUST" business borrowing, rising consumer spending, and tight labour markets...
PUBLISHED Apr 20, 2018 05:50 AM

EU, Singapore a step closer to signing free trade agreement

IN the first step towards signing and concluding the European Union-Singapore Free Trade...
PUBLISHED Apr 20, 2018 05:50 AM

Spambots hijack movement helping M'sians to return home to vote

CYBER troopers are targeting the #PulangMengundi movement with spambots, stifling...
PUBLISHED Apr 20, 2018 05:50 AM

North seeks 'complete denuclearisation', says Moon, as US vows continued pressure

NORTH Korea has expressed its commitment to "complete denuclearisation" of the...
PUBLISHED Apr 20, 2018 05:50 AM

LIFE & CULTURE

In Australia, axe marks the sport

A FLASH of metal glinted in the Sydney sunshine as Curtis Bennett took one last swing of...
PUBLISHED Apr 20, 2018 05:50 AM

Hip-hop, not rock, is the voice of our era

NO one who has heard Kendrick Lamar's stunning album Damn could be at all surprised...
PUBLISHED Apr 20, 2018 05:50 AM

OPINION

Monsanto faces strong resistance movement

THE US agribusiness giant, Monsanto, has been at the centre of a global controversy for...
PUBLISHED Apr 20, 2018 05:50 AM
THE BOTTOM LINE

Deficit addiction - a bipartisan norm in the US

HISTORY is what we make of it - and sometimes we make a real hash. I take as my text for...
PUBLISHED Apr 20, 2018 05:50 AM
EDITORIAL

'Insurtech' will transform insurance, but pace of adoption is slow

INSURANCE is a sector that experts widely believe is "ripe for disruption'...
PUBLISHED Apr 20, 2018 05:50 AM

Transformation in Singapore tourism

IF our internal rate of change is slower than the rate of change in our operating...
PUBLISHED Apr 20, 2018 05:50 AM

When construction noise impacts electricity consumption

AS a tropical nation, Singapore experiences a climatic phenomenon called urban heat...
PUBLISHED Apr 20, 2018 05:50 AM
LETTER TO THE EDITOR

More questions over DeClout's deployment of loan proceeds

I REFER to the article "DeClout's minorities up in arms over S$10m margin loan...
PUBLISHED Apr 20, 2018 05:50 AM

Lifestyle

Latest version of La Strada looks sharper, tastes better

A RECENT trip to Milan - and trips before that - have convinced us that just being in the...
PUBLISHED Apr 20, 2018 05:50 AM

A cousin of the martini, the Alaska, strikes gold

SOMETIMES you want a martini. And sometimes you want something like a martini, but are...
PUBLISHED Apr 20, 2018 05:50 AM

From Hawker To Haute Cuisine

CRISPY CHICKEN RENDANG SOUNDS like something a Singaporean chef might dream up, along...
PUBLISHED Apr 20, 2018 05:50 AM
INTERVIEW

Alan Yau

Alan Yau is the man who made noodles trendy in the United Kingdom - if not the rest of...
PUBLISHED Apr 20, 2018 05:50 AM

Smiling Orchids

Before the Singapore Garden Festival (SGF) blossoms later in the year, flower fans can...
PUBLISHED Apr 20, 2018 05:50 AM

French Flair

It's hard to categorise Charles-Baptiste's eclectic brand of pop but we were...
PUBLISHED Apr 20, 2018 05:50 AM

Sip & Sup

Plum & Toro is a new Japanese-inspired cocktail bar that plays on plum wine and fatty...
PUBLISHED Apr 20, 2018 05:50 AM

Power Play

Edith Podesta is one of the most exciting theatre practitioners in Singapore. Several of...
PUBLISHED Apr 20, 2018 05:50 AM

Hit The Reset Button

When you find yourself so burnt-out you can barely get through each day much less figure...
PUBLISHED Apr 20, 2018 05:50 AM

Shop And Stretch

Marathon shopping sessions tiring you out? A new gym has opened in Orchard to make sure...
PUBLISHED Apr 20, 2018 05:50 AM

Big Brother Is Here

The Singapore International Festival of Arts opens next Thursday with a stage adaptation...
PUBLISHED Apr 20, 2018 05:50 AM

For The Record

Through the decades, numerous rock stars (and their fans) have adopted Fred Perry as...
PUBLISHED Apr 20, 2018 05:50 AM

The Little Red Dot In Milan

A chess table in the void deck of an old HDB block may look grubby to a passer-by. But...
PUBLISHED Apr 20, 2018 05:50 AM

In Demand

Singapore's Tod's flagship boutique has just been transformed into a new store...
PUBLISHED Apr 20, 2018 05:50 AM

What A Gem

Diamonds may be a girl's best friend but for girls who want to invest, gems may be...
PUBLISHED Apr 20, 2018 05:50 AM

Cartier Champions Women Entrepreneurs

ACROSS THE WORLD, women entrepreneurs are making a difference to countless lives through...
PUBLISHED Apr 20, 2018 05:50 AM

Sacred Treasures From Angkor

WHEN Singapore's Ambassador-at-Large Tommy Koh goes to Paris, one of his favourite...
PUBLISHED Apr 20, 2018 05:50 AM

Rock Of Ages

The annual Record Store Day (RSD) returns again on Saturday. Started in America in 2007,...
PUBLISHED Apr 20, 2018 05:50 AM

Rediscovering Your 'Hood

If you think you've spotted someone you know behaving like an out-of-towner sometime...
PUBLISHED Apr 20, 2018 05:50 AM

BREAKING NEWS

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...
May 25, 2018 04:14 PM

Seoul: Stocks, won shrug off cancellation of Trump-Kim summit

[SEOUL]  South Korean shares ended slightly lower and the won pared earlier losses to end higher on Friday, reacting...
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