Wednesday, May 09, 2018

TOP STORIES

Countries must stand against anti-trade sentiment: Iswaran

AGAINST a backdrop of anti-globalisation rhetoric and trade tensions, like-minded nations...
PUBLISHED May 9, 2018 05:50 AM

China's April trade remains strong despite tensions with US

CHINA'S exports and imports remained strong in April, with the surplus with the US...
PUBLISHED May 9, 2018 05:50 AM
MALAYSIA GOES TO THE POLLS

Malaysia Elections: Latest polls show tight contest

IT'S NOT just any other election for Malaysian Prime Minister Najib Razak: The vote...
PUBLISHED May 9, 2018 05:50 AM
MALAYSIA GOES TO THE POLLS

Malaysia Elections: A guide to the 'do-or-die' election

MALAYSIA is holding its most closely watched general election on Wednesday. Some 15...
PUBLISHED May 9, 2018 05:50 AM

Elias Green condo targeting en bloc

HOME owners at the sprawling Elias Green condominium in Pasir Ris may be the next to be...
PUBLISHED May 9, 2018 05:50 AM
ADDENDA TO PRESIDENT'S ADDRESS

Global connectivity will boost Singapore's economy, create jobs

SINGAPORE'S transport network will be enhanced to connect the city-state with the...
PUBLISHED May 9, 2018 05:50 AM
ADDENDA TO PRESIDENT'S ADDRESS

High-tech convenience and security on MHA's agenda

RENEWING or applying for a new passport may be done with a click on one's mobile...
PUBLISHED May 9, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Venture's vulnerability: mischief likes a black box

IT WAS a pink elephant problem. Venture Corp boss Wong Ngit Liong told the market not to...
PUBLISHED May 9, 2018 05:50 AM

Perennial Q1 profit falls 86.7% in absence of one-off gain

THE absence of a one-off gain from the partial divestment of TripleOne Somerset last year...
PUBLISHED May 9, 2018 05:50 AM

F&N's Q2 earnings quadruple on contributions from associated company

BOLSTERED by profit contributions from associate company Vietnam Dairy Products Joint...
PUBLISHED May 9, 2018 05:50 AM

Lower palm product prices dent Bumitama Agri's Q1

THE lower sales price of palm products took a toll on the results of palm oil producer...
PUBLISHED May 9, 2018 05:50 AM

Corporate digest

THE Catalist-listed developer saw net profit attributable to equity owners increase 9.5...
PUBLISHED May 9, 2018 05:50 AM

The sun shines again on Europe: BlackRock

DOMESTIC and emerging market (EM) demand are solid drivers in Europe right now, with...
PUBLISHED May 9, 2018 05:50 AM

Singapore fintech CCRManager wins backing from ex-Temasek banker

HOMEGROWN fintech CCRManager has raised Series A funding worth US$6.5 million from a...
PUBLISHED May 9, 2018 05:50 AM

OCBC launches S$20m digital skills training drive

OCBC Bank is embarking on a programme to train and develop digital skills in all its 29,...
PUBLISHED May 9, 2018 05:50 AM

New digital ad marketplace by SPH and Mediacorp goes live

SINGAPORE Media Exchange (SMX), a digital advertising marketplace that is the result of a...
PUBLISHED May 9, 2018 05:50 AM
STOCKS

Market snaps 3-day losing streak

MOUNTING Washington-Teheran tensions and Singapore banks' first-quarter showings...
PUBLISHED May 9, 2018 05:50 AM

Brokers' take

Launch of private placement of 224 million new units to raise gross proceeds of S$303...
PUBLISHED May 9, 2018 05:50 AM
CURRENCIES

Widening cracks in euro sends US dollar to 2018 highs

THE US dollar surged to a 2018 high against its rivals on Tuesday as a rout of the euro...
PUBLISHED May 9, 2018 05:50 AM

REAL ESTATE

Singapore condo resale prices up 0.6% in April but volume dips 1.7%: SRX

CONDO resale prices in Singapore edged up 0.6 per cent to a 12-month high in April over...
PUBLISHED May 9, 2018 05:50 AM

Ava Towers to launch en bloc sale bid with reserve price at S$248m

THE owners of Ava Towers are putting their freehold condominium development up for tender...
PUBLISHED May 9, 2018 05:50 AM

Ascott forms JV with Huazhu Hotels, CJIA

CAPITALAND'S serviced residence arm, The Ascott, is setting up a joint venture with...
PUBLISHED May 9, 2018 05:50 AM

BANKING & FINANCE

Surging US dollar back to haunt emerging markets

A RESURGENT dollar and higher borrowing costs are smashing through Argentina and Turkey...
PUBLISHED May 9, 2018 05:50 AM

Emerging market sell-off has Indonesia in its crosshairs

INDONESIA'S market rout shows no signs of abating, with its two-year bonds the...
PUBLISHED May 9, 2018 05:50 AM

Hong Kong IPO flop a warning for punters in Xiaomi mega deal

ONE of Hong Kong's most popular investment strategies - borrow big and plow the...
PUBLISHED May 9, 2018 05:50 AM

ENERGY & COMMODITIES

Oil teeters near US$70 as Trump keeps world guessing on Iran deal

OIL retreated from the highest level since 2014 as investors weighed competing views on...
PUBLISHED May 9, 2018 05:50 AM

Wind farms boost tax base for local US governments: Moody's

WIND farms have boosted local tax bases and generated new revenue as they expand across...
PUBLISHED May 9, 2018 05:50 AM

TECHNOLOGY

Panel expects more women in board roles

WOMEN will occupy more board roles as digitalisation disrupts the way companies organise...
PUBLISHED May 9, 2018 05:50 AM

Goldman sells in-house cyber security software to tech firm

GOLDMAN Sachs Group is selling cyber security software that it developed to a company...
PUBLISHED May 9, 2018 05:50 AM

CONSUMER

Xiaomi poised to become a billionaire factory with HK IPO

WHEN Xiaomi's founders were eating millet congee at an office in Beijing's...
PUBLISHED May 9, 2018 05:50 AM

TRANSPORT

STRAIT TALK

Don't overlook the ferry sector

THE International Maritime Organization (IOM) took several big decisions at its April...
PUBLISHED May 9, 2018 05:50 AM

Japan Airlines studies setting up budget carrier to lift capacity

JAPAN Airlines Co is examining setting up a new low-fare carrier to increase capacity and...
PUBLISHED May 9, 2018 05:50 AM

Rival ride-hailing ventures rush into Manila gridlock after Grab deal with Uber

A SLEW of ride-hailing ventures are taking to the gridlocked streets of Manila,...
PUBLISHED May 9, 2018 05:50 AM

Uber hires former top US transport official to advise on safety following fatal crash

UBER Technologies Inc on Monday said it has retained a former top US transportation...
PUBLISHED May 9, 2018 05:50 AM

GOVERNMENT & ECONOMY

Australia plans earlier return to surplus by defying global forces

AUSTRALIA'S government will balance its books earlier than expected thanks to a...
PUBLISHED May 9, 2018 05:50 AM

Revolution sweeps Armenian opposition leader into power

OPPOSITION leader Nikol Pashinyan was elected Armenia's prime minister on Tuesday,...
PUBLISHED May 9, 2018 05:50 AM

LIFE & CULTURE

Celebrities up the glam at NY Met Gala

MADONNA and Rihanna stunned as fashion high priestesses on the red carpet at New York...
PUBLISHED May 9, 2018 05:50 AM

Who's who in the Cannes film festival jury

IN a year rocked by the #MeToo movement, the jury of the Cannes film festival is both...
PUBLISHED May 9, 2018 05:50 AM

EXECUTIVE MONEY

Fewer women are running funds

FEW reports on investing prominently feature women fund managers. There is a simple...
PUBLISHED May 9, 2018 05:50 AM

Fighting chance to power ahead

SINGAPORE'S economy appears poised to enjoy another year of strong growth in 2018,...
PUBLISHED May 9, 2018 05:50 AM

OPINION

EDITORIAL

Singapore's fourth-generation leaders: Clear-eyed about the tasks ahead

AT first glance, President Halimah Yacob's address to Parliament on Monday evening...
PUBLISHED May 9, 2018 05:50 AM
THE BOTTOM LINE

AI provides HR managers with challenges, opportunities

THE legal compliance team at JPMorgan Chase & Co waits anxiously to see if their new...
PUBLISHED May 9, 2018 05:50 AM

All on board the global reporting standard

SINGAPORE financial institutions are poised to carry out their first round of reporting...
PUBLISHED May 9, 2018 05:50 AM

Post-industrial capitalism calls for new economic model for Singapore

GLOBAL and domestic trends over the past several years indicate that Singapore's...
PUBLISHED May 9, 2018 05:50 AM
COMMENTARY

GOP leaders must take action before party is destroyed

IT has been one-and-a-half years since Donald Trump was elected to the US presidency, so...
PUBLISHED May 9, 2018 05:50 AM

BREAKING NEWS

Sep 23, 2018 10:41 PM

Stamford Land lawsuit: Company supports engaging shareholders meaningfully

STAMFORD Land Corporation, responding to media articles last week on a defamation suit the company had filed against a...
Sep 23, 2018 06:05 PM

300 units sold at JadeScape condo

Qingjian Realty (South Pacific) Group said that it has sold 300 units at the JadeScape condo as at  2pm, Sunday, Sept...
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