Friday, May 11, 2018

TOP STORIES

MALAYSIA POST-ELECTION

Malaysia elections: Markets' volatility reflect concerns with a dash of hope

THE "Mahathir factor" that snagged the opposition party an extraordinary...
PUBLISHED May 11, 2018 05:50 AM
COMMENTARY

Challenging transition ahead for Malaysia

A BLACK SWAN has landed in Malaysia. The newly-minted Pakatan Harapan (PH or Alliance of...
PUBLISHED May 11, 2018 05:50 AM

Keeping things shipshape, in BT Weekend

"WE Singaporeans do not realise how important Singapore is as a maritime centre,...
PUBLISHED May 11, 2018 05:50 AM

Singapore to host Trump-Kim meeting

US PRESIDENT Donald Trump said on Thursday he will meet North Korean leader Kim Jong Un...
PUBLISHED May 11, 2018 05:50 AM

SGX orders Vard to hold new EGM

THE minority shareholders of Vard Holdings achieved a breakthrough on Thursday when...
PUBLISHED May 11, 2018 05:50 AM
MALAYSIA POST-ELECTION

Malaysia elections: Mahathir to form next government after being sworn in as PM

MALAYSIA'S king, Sultan Muhammad V has administered the oath of office to Mahathir...
PUBLISHED May 11, 2018 05:50 AM
MALAYSIA POST-ELECTION

Singapore businesses unfazed; await new KL government's plans

SINGAPORE'S business community is surprised but unworried by Pakatan Harapan's...
PUBLISHED May 11, 2018 05:50 AM
MALAYSIA POST-ELECTION

Singapore will continue working closely with new Malaysia government: ministers

PRIME Minister Lee Hsien Loong congratulated Mahathir Mohamad on being sworn in as the...
PUBLISHED May 11, 2018 05:50 AM
ADDENDA TO PRESIDENT'S ADDRESS

Innovation is key to vibrant enterprise: Chun Sing

INNOVATION will be the core competitive advantage of Singapore's local enterprises,...
PUBLISHED May 11, 2018 05:50 AM

Food manufacturing SME proposes integrated dairy hub

HOMEGROWN food manufacturer SMC Food 21 has proposed that a one-stop hub for the dairy...
PUBLISHED May 11, 2018 05:50 AM

Supermarket of the future

HOW will supermarkets in Singapore look in the next five years? The newly revamped Cold...
PUBLISHED May 11, 2018 05:50 AM

Johnson & Johnson opens new Asia-Pac HQ; Trimble opens digital training centre

GLOBAL healthcare company, Johnson & Johnson, officially opened its new Asia-Pacific...
PUBLISHED May 11, 2018 05:50 AM

Design Business Chamber to work with trade bodies

THE Design Business Chamber Singapore (DBCS) has inked a bilateral Memorandum of...
PUBLISHED May 11, 2018 05:50 AM

COMPANIES & MARKETS

Frasers Property enjoys 74.2% surge in Q2 profit

CONTRIBUTIONS from overseas acquisitions and development profits in Singapore fuelled a...
PUBLISHED May 11, 2018 05:50 AM

Corporate digest

SINGAPORE-LISTED Haw Par Corporation posted a 15.9 per cent increase in net profit for...
PUBLISHED May 11, 2018 05:50 AM
HOCK LOCK SIEW

Rare victory for minority shareholders at Vard

THE decision by the Singapore Exchange Regulation (SGX RegCo) was a rare and astonishing...
PUBLISHED May 11, 2018 05:50 AM

A H-Trust's Q4 DPS increases to 1.72 Singapore cents

DISTRIBUTION per stapled security for Ascendas Hospitality Trust (A H-Trust) in its...
PUBLISHED May 11, 2018 05:50 AM

Cromwell European Reit posts Q1 DPU above forecast

CROMWELL European Reit's first quarter results were boosted by a better-than-...
PUBLISHED May 11, 2018 05:50 AM

OUE C-Reit Q1 DPU falls 9% on enlarged unit base from placement

HIGHER income support draw down helped OUE Commercial Reit (OUE C-Reit) post a 4.7 per...
PUBLISHED May 11, 2018 05:50 AM
STOCKS

Shares ease on Malaysian poll results

THE unexpected election results across the Causeway left traders here dithering on...
PUBLISHED May 11, 2018 05:50 AM

Brokers' take

hina Aviation Oil (CAO)'s first-quarter earnings beat expectations, with net profit...
PUBLISHED May 11, 2018 05:50 AM
CURRENCIES

Euro bounces as US dollar's rally stalls

THE dollar's rally paused on Thursday as Treasury yields dipped and traders looked...
PUBLISHED May 11, 2018 05:50 AM

Wilmar's Q1 profit down 41% on lower palm oil prices, sugar business woes

LOWER crude palm oil prices and weakness in its sugar business both took their toll on...
PUBLISHED May 11, 2018 05:50 AM

Genting Singapore Q1 profit up 3.3% to S$217.2 million

GENTING Singapore posted a 3.3 per cent increase in net profit for the first quarter from...
PUBLISHED May 11, 2018 05:50 AM

REAL ESTATE

North Korea border town becomes China's new hot property market

A NORTH Korea border town has suddenly become China's new hot property market, as...
PUBLISHED May 11, 2018 05:50 AM

Marriott wants to beat home-sharing upstarts at their own game

HOME-SHARING websites like Airbnb Inc and HomeAway Inc are often seen as stealing...
PUBLISHED May 11, 2018 05:50 AM

UK housing gauge drops to 5½-year low as London slumps

A CLOSELY-WATCHED gauge of UK house prices dipped to its lowest since in more than five...
PUBLISHED May 11, 2018 05:50 AM

Rolls-Royce seeks cheaper HQ to cut long-term expenses

ROLLS-ROYCE Holdings plans to quit its headquarters in one of London's swankiest...
PUBLISHED May 11, 2018 05:50 AM

Million-dollar home values in US gain even as tax deductions shrink

ADAM Blaylock was pretty sure he overpriced his Santa Clara, California, home by offering...
PUBLISHED May 11, 2018 05:50 AM

BANKING & FINANCE

Chinese insurer Anbang's ex-boss jailed 18 years for fraud

A CHINESE court jailed the former high-flying head of troubled Anbang Insurance Group for...
PUBLISHED May 11, 2018 05:50 AM

RBS clears path to award dividends after US$4.9b deal

ROYAL Bank of Scotland Group (RBS) cleared one of the last barriers keeping the UK from...
PUBLISHED May 11, 2018 05:50 AM

Bloomberg launches index to track 10 cryptocurrencies

FINANCIAL news firm Bloomberg, together with digital asset manager Galaxy Digital Capital...
PUBLISHED May 11, 2018 05:50 AM

ENERGY & COMMODITIES

Iran nuclear accord crisis warps Opec equation

THE international nuclear agreement with Iran might not be the only deal US President...
PUBLISHED May 11, 2018 05:50 AM

China set to trim 2018/19 soyabean imports as trade row boosts prices

CHINA will cut its soyabean imports for the first time in 15 years in 2018/19, the...
PUBLISHED May 11, 2018 05:50 AM

TECHNOLOGY

Trump administration taps projects to pilot expanded drone use

VIRGINIA, Kansas and Nevada are among the places that the Trump administration named on...
PUBLISHED May 11, 2018 05:50 AM

Human-sounding Google Assistant sparks ethics questions

THE new Google digital assistant converses so naturally it may seem like a real person.
PUBLISHED May 11, 2018 05:50 AM

Uber to offer food delivery by drone in under 30 minutes

UBER Technologies Inc plans to deliver food by drone in San Diego as part of a wide-...
PUBLISHED May 11, 2018 05:50 AM

CONSUMER

Recycling is all the rage in interiors

RECYCLING textiles is a thrifty endeavour that is older than rag rugs.
PUBLISHED May 11, 2018 05:50 AM

FDA seeks to shutter two stem-cell firms after patients are blinded

THE Food and Drug Administration (FDA) is asking federal courts on opposite sides of the...
PUBLISHED May 11, 2018 05:50 AM

TRANSPORT

GM and Seoul agree to US$7 billion bailout for South Korea unit

US AUTO giant General Motors (GM) and Seoul have agreed on a multi-billion-dollar bailout...
PUBLISHED May 11, 2018 05:50 AM

N Korea agrees to warn of activity that poses danger to aviation: UN agency

NORTH Korea has agreed not to engage in activities hazardous to aviation without advanced...
PUBLISHED May 11, 2018 05:50 AM

Ford vehicles 'facing hold-ups at China ports' amid trade friction

FORD Motor's imported vehicles are being held up at Chinese ports, three people with...
PUBLISHED May 11, 2018 05:50 AM

GOVERNMENT & ECONOMY

Oil prices expected to fall from present highs as panic subsides

CRUDE oil prices are expected to decline from their highest levels since November 2014,...
PUBLISHED May 11, 2018 05:50 AM
LATEST US DATA

Consumer prices rebound 0.2% in April on jump in petrol

US CONSUMER prices rebounded in April after dipping in March, driven by a surge in petrol...
PUBLISHED May 11, 2018 05:50 AM

Modest rate hikes needed even as inflation cools, says Carney

MARK Carney said the Bank of England still intends to deliver "modest"...
PUBLISHED May 11, 2018 05:50 AM

LIFE & CULTURE

Stereophonics rocks, venue doesn't

EVEN with a technical fault, Stereophonics rocked the stage in Singapore on Tuesday -...
PUBLISHED May 11, 2018 05:50 AM

They came, they saw, they were outbid

CHRISTOPHER Gohr had never attended an auction before - just "eBay and stuff like...
PUBLISHED May 11, 2018 05:50 AM

OPINION

US on course for new Middle East policy

REBUFFING the advice of America's allies across the Atlantic and the Pacific, US...
PUBLISHED May 11, 2018 05:50 AM
THE BOTTOM LINE

Trump risks turning trade conflicts into all-out trade wars

IT must be obvious to almost everyone by now that the Trump administration's trade...
PUBLISHED May 11, 2018 05:50 AM
EDITORIAL

There is a need to boost interest in small caps in the Singapore market

AT first glance, local equities are doing well - the Singapore Exchange's (SGX)...
PUBLISHED May 11, 2018 05:50 AM

Building resilient communities in the age of disinformation

TEN million Chinese migrant workers entering Indonesia, a long-haired male journalist...
PUBLISHED May 11, 2018 05:50 AM

China, India should build on existing warm relations

THE movie industries of India and China are playing an influential diplomatic role. They...
PUBLISHED May 11, 2018 05:50 AM
COMMENTARY

Amazon's Jeff Bezos can and should do a lot more with his wealth - for the benefit of current and future generations

JEFF Bezos, the founder of Amazon, is one of the most successful businessmen of all time...
PUBLISHED May 11, 2018 05:50 AM

Lifestyle

A taste of old-world Chinese cooking

THE last thing you want to assume when you step into Circa 1912 is that you're...
PUBLISHED May 11, 2018 05:50 AM

Silent upon a peak

THAT precisely describes the moments after drinking a glass of a great red wine, eg...
PUBLISHED May 11, 2018 05:50 AM

Redefining Motherhood

Ann Kositchotitana is best-known among fashionistas as the owner of cutting-edge fashion...
PUBLISHED May 11, 2018 05:50 AM

Margaret Cho

If crude, confrontational, squirm-inducing comedy floats your boat, get ready for Fresh...
PUBLISHED May 11, 2018 05:50 AM

Wanderlust

Ling Doh Kin, an avid photographer and founding editor of electronic travel magazine...
PUBLISHED May 11, 2018 05:50 AM

Non-Stop Action

It's going to be a month of blockbusters on HBO Asia with close to 50 box-office...
PUBLISHED May 11, 2018 05:50 AM

Take-No-Prisoners Theatre

Director Thomas Ostermeier is one of the most celebrated theatre-makers in the world.
PUBLISHED May 11, 2018 05:50 AM

Sublime Jazz At Botanic Gardens

Duke Ellington was a towering figure in American jazz. In a career spanning 50 years, he...
PUBLISHED May 11, 2018 05:50 AM

Mum's Not Cooking

Folklore chef Damian D'Silva presents his tribute to mothers with a menu that...
PUBLISHED May 11, 2018 05:50 AM

A Roast For Mother's Day

Charcuterie meets crackling Asian roast pork at Atout's first Mother's Day...
PUBLISHED May 11, 2018 05:50 AM

Young Man, Old Soul

Glen Wee might have finished just outside the top three in reality singing competition...
PUBLISHED May 11, 2018 05:50 AM

The Last Straw

Eco-conscious travellers will be happy to know that Banyan Tree Hotels & Resorts has...
PUBLISHED May 11, 2018 05:50 AM

Upping The Steaks

FIRST, WE WERE WOWED by USDA Prime beef. Then came this beer-massaged delicacy called...
PUBLISHED May 11, 2018 05:50 AM

Seoul Food

YOU'VE HEARD OF ARMCHAIR travellers. But how about an eating tour where you get to...
PUBLISHED May 11, 2018 05:50 AM

Face Time

Activate the chrome clay mask (from volcanic clay in Montecatini) or serum (which are...
PUBLISHED May 11, 2018 05:50 AM

Form And Function

Richard Mille's technically complex watches are often touted as "racing...
PUBLISHED May 11, 2018 05:50 AM

Heritage Redefined

It is not every day that you come across a conservation shophouse for sale, so when the...
PUBLISHED May 11, 2018 05:50 AM
MOTHER’S DAY GIFT GUIDE

Make Her Day

Tokyo design collective comprising Naoki Ogishita and Koishiro Oishi - also known as oog...
PUBLISHED May 11, 2018 05:50 AM

Let's Talk About Sex

Bring up the topic of sex in public and chances are, most people will shy away from...
PUBLISHED May 11, 2018 05:50 AM

Sweating It Out With Kayla Itsines

If you are a female, in your 20s to 30s, and into fitness, chances are you would have...
PUBLISHED May 11, 2018 05:50 AM

Ice Ice Baby

There's really nothing more consistent in Singapore than the heat. But our little...
PUBLISHED May 11, 2018 05:50 AM

BREAKING NEWS

May 22, 2018 10:18 PM

Iran tells Europe to step up and save nuclear deal

[BEIRUT] Iran poured scorn on threatened US sanctions on Tuesday and told European powers to step up and salvage its...
May 22, 2018 09:42 PM

Samurai 2K Aerosol expects 'significantly higher' profit, revenue for FY2018

CATALIST-LISTED Samurai 2K Aerosol announced on Tuesday evening it expects "significantly higher" revenue and...
May 22, 2018 09:33 PM

Citic Envirotech CEO to step down, succeeded by exec chairman

ENVIRONMENTAL engineering company Citic Envirotech announced on Tuesday that chief executive Lin Yucheng will step down...
May 22, 2018 09:04 PM

YuuZoo's former chairman provides bond, gets passport back

FORMER YuuZoo chairman Thomas Zilliacus has provided a bond to report back to the Commercial Affairs Department (CAD)...
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