Monday, May 21, 2018

TOP STORIES

No trade war as China pledges 'significantly' more US buying

CHINA will "significantly increase purchases" of US goods, the White House said...
PUBLISHED May 21, 2018 05:50 AM
BT EXCLUSIVE

Wholesale electricity price spikes unsettle independent retailers

PRICE spikes in the wholesale electricity market just as competition heats up in the Open...
PUBLISHED May 21, 2018 05:50 AM
WALL STREET INSIGHT

US Treasury yields, Europe worries suggest another volatile week

US STOCKS fell slightly last week as fears about rising Treasury yields, a eurozone...
PUBLISHED May 21, 2018 05:50 AM

StanChart's digitalisation push nets more customers

STANDARD Chartered Bank's digitalisation push is seeing results, with clients...
PUBLISHED May 21, 2018 05:50 AM

Engine Biosciences to raise additional funding next year

A BIOTECH startup that only this year raised what is believed to be the largest round of...
PUBLISHED May 21, 2018 05:50 AM

Managers of Reits with overseas assets address investors' concerns at symposium

WHILE real estate investment trusts (Reits) with overseas assets present additional risks...
PUBLISHED May 21, 2018 05:50 AM

Najib denies seeking witness protection over 1MDB probe

FORMER Malaysian prime minister Najib Razak has denied that he is seeking witness...
PUBLISHED May 21, 2018 05:50 AM

COMPANIES & MARKETS

NEWS ANALYSIS

Hard for minorities to win in LTC delisting

A BID by the controlling Cheng family to delist steel trading and property group LTC Corp...
PUBLISHED May 21, 2018 05:50 AM

Aspen Group seeking to raise US$11m for investments, projects

MALAYSIA-BASED property group Aspen (Group) Holdings is seeking to raise US$11 million...
PUBLISHED May 21, 2018 05:50 AM
TOPLINE

An ecosystem to boost innovation and revolutionise business

HOMEGROWN robotics and automation specialist PBA Group wants to be the platform of choice...
PUBLISHED May 21, 2018 05:50 AM
CHARTPOINT

Bullish outlook for US equities

THE Dow Jones Industrial Average (DJIA) had the longest winning streak since September...
PUBLISHED May 21, 2018 05:50 AM
STOCKS

Fed minutes, geopolitics to lead markets this week

THE release of May's Federal Open Market Committee meeting minutes is expected to be...
PUBLISHED May 21, 2018 05:50 AM

Canadian dollar weakens, pressured by Nafta risk and cooler inflation

THE Canadian dollar weakened against the greenback on Friday as an uncertain outlook for...
PUBLISHED May 21, 2018 05:50 AM
INSIDE INSIGHTS

Share buybacks, directors' trades soar as earnings season wraps up

FOR the year thus far, the Straits Times Index (STI) has continued to be the strongest of...
PUBLISHED May 21, 2018 05:50 AM

REAL ESTATE

Monaco's ambitious US$2.4b construction plan to stay relevant

FIRST-TIME visitors to the Monte Carlo Casino for next weekend's Grand Prix may not...
PUBLISHED May 21, 2018 05:50 AM

Buyers snap up 80 units at Le Quest Phase Two sales

LE QUEST, a Qingjian Realty (South Pacific) Group mixed development project in Bukit...
PUBLISHED May 21, 2018 05:50 AM

BANKING & FINANCE

Abraaj's alleged misuse of money said to go beyond healthcare fund

TWO separate examinations into the alleged misuse of money at embattled Middle Eastern...
PUBLISHED May 21, 2018 05:50 AM

In Luxembourg, language skills create a Brexit bottleneck

LUXEMBOURG'S citizens can quickly impress with their language skills, switching with...
PUBLISHED May 21, 2018 05:50 AM

ENERGY & COMMODITIES

COMMENTARY

Russia flexes its soft power muscles in Opec bargain

OIL has touched a level above US$80 a barrel for the first time since November 2014. Opec...
PUBLISHED May 21, 2018 05:50 AM

China to reduce total steel capacity to below 1b tonnes by 2025

CHINA will shut down more outdated steel plants and bring total capacity to less than one...
PUBLISHED May 21, 2018 05:50 AM

TECHNOLOGY

Google pushes AI for upgraded news app

FOR its updated news application, Google is doubling down on the use of artificial...
PUBLISHED May 21, 2018 05:50 AM

Scouring hate off Facebook in Germany

SECURITY is tight at this brick building on the western edge of Berlin. Inside, a sign...
PUBLISHED May 21, 2018 05:50 AM

Apple-Samsung 7-year iPhone design features copying case goes to jury

JURORS return to a Silicon Valley courtroom Monday to put a price on patented iPhone...
PUBLISHED May 21, 2018 05:50 AM

CONSUMER

Would requiring drug advertisements to list price tags really help lower prices?

IF US President Donald Trump has his way, television viewers who see commercials for the...
PUBLISHED May 21, 2018 05:50 AM

US insurer Anthem aiming to reduce 'avoidable' ER visits

JIM Burton was lifting a box in his garage last August when he felt a jolt in his back.
PUBLISHED May 21, 2018 05:50 AM

LG patriarch who built business empire dies

KOO Bon-moo, the chairman of South Korea's fourth-largest conglomerate who...
PUBLISHED May 21, 2018 05:50 AM

TRANSPORT

Crash of old jet reflects a Cuban airline in crisis

ALMOST 40 years old by the time it crashed last Friday just outside of Havana, killing...
PUBLISHED May 21, 2018 05:50 AM

Baltic Exchange Shipping Insights

Rates in the Middle East Gulf for 270,000 tonnes to China have been steady at WS 41/41.25...
PUBLISHED May 21, 2018 05:50 AM

GOVERNMENT & ECONOMY

S Korea, US to work closely on summit after Pyongyang's about-face

SOUTH Korean President Moon Jae In and US President Donald Trump held discussions on...
PUBLISHED May 21, 2018 05:50 AM

US-China trade deal could cost Europe, says French minister

EUROPE could end up rueing a potential new deal between China and the United States after...
PUBLISHED May 21, 2018 05:50 AM

Greece moves closer to bailout exit after deal with creditors

GREECE and its creditors agreed on the next steps for completing the country's final...
PUBLISHED May 21, 2018 05:50 AM

Sri Lanka warns of looming foreign debt crisis

SRI LANKA is headed for a debt crisis, the finance ministry warned on Sunday, blaming a...
PUBLISHED May 21, 2018 05:50 AM

LIFE & CULTURE

A safe space for dreamers and optimists

DID we even realise how much we needed this: the predawn escape to Fairy Tale Land, the...
PUBLISHED May 21, 2018 05:50 AM

What this 76-year-old Balinese man can teach about healing

MANGKU Sasak, a 76-year-old Balinese healer, begins and ends each day by meditating. He...
PUBLISHED May 21, 2018 05:50 AM

VIEWS FROM THE TOP

Prosper thy neighbour

THIS WEEK'S TOPIC: How do you see the political changes in Malaysia impacting...
PUBLISHED May 21, 2018 05:50 AM
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