Friday, Jun 08, 2018

TOP STORIES

PENNY STOCK CRASH

Answers finally for investors burnt by the saga in 2013?

INVESTORS caught by the 2013 penny stock crash may finally get the answers they have been...
PUBLISHED Jun 8, 2018 05:50 AM
BT EXCLUSIVE

After dash to HK, Ron Sim aims to strike it right with V3 IPO

AFTER the initial rush to kickstart the initial public offering (IPO) process for his...
PUBLISHED Jun 8, 2018 05:50 AM

Ultimate comeback kid

BACK to the forefront. That sums up the domestic manufacturing sector's status of...
PUBLISHED Jun 8, 2018 05:50 AM

Making heads or tails of the penny crash

The probe into the 2013 collapse of Blumont Group, Asiasons Capital and LionGold Corp (...
PUBLISHED Jun 8, 2018 05:50 AM

Better sales likely despite dismal June launches

THE availability of options from upcoming property launches in District 19 this year and...
PUBLISHED Jun 8, 2018 05:50 AM
NEWS ANALYSIS

Astrea IV PE-backed bonds: Looking after retail investors' interests

PRIVATE equity, which invests in private companies, is typically classed as a high-risk...
PUBLISHED Jun 8, 2018 05:50 AM

Malaysia seeks Jho Low over 1MDB scandal

MALAYSIA has issued an arrest warrant for financier Low Taek Jho, or Jho Low as he is...
PUBLISHED Jun 8, 2018 05:50 AM

On green financing, a lack of colour on required standards

ASEAN will need US$200 billion in green investment from 2016 to 2030, a five-time...
PUBLISHED Jun 8, 2018 05:50 AM

It's Trump against the developed world

US PRESIDENT Donald Trump will cut a lonely figure at a meeting of the world's club...
PUBLISHED Jun 8, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Beyond a new CEO, a reset for CapitaLand?

CAPITALAND'S announcement last Friday evening that its president and group chief...
PUBLISHED Jun 8, 2018 05:50 AM

With no earnings upside, HPHT stays a dividend play: analysts

AFTER a major sell-off following its removal from the MSCI Singapore Index, Hutchison...
PUBLISHED Jun 8, 2018 05:50 AM

Mandarin Oriental hotel in London catches fire

A FIRE broke out at London's luxury Mandarin Oriental hotel on Wednesday, with...
PUBLISHED Jun 8, 2018 05:50 AM

Daily average value of securities traded rose 6% in May: SGX

THE daily average value of securities traded on the Singapore Exchange (SGX) in May was S...
PUBLISHED Jun 8, 2018 05:50 AM

Del Monte Pacific delays IPO of Philippine unit

DEL Monte Pacific on Thursday said it would delay the initial public offering (IPO) of...
PUBLISHED Jun 8, 2018 05:50 AM

Corporate digest

CITIC Envirotech has secured a build-operate-transfer environmental project worth 1...
PUBLISHED Jun 8, 2018 05:50 AM
STOCKS

Markets steady ahead of G-7 summit

IT was a quiet trading session on Thursday, as Singapore's key Straits Times Index (...
PUBLISHED Jun 8, 2018 05:50 AM

Brokers' take

KSH's Q4 FY18 results came in above expectations with full-year profit exceeding our...
PUBLISHED Jun 8, 2018 05:50 AM
CURRENCIES

Euro rebounds to three-week high

THE euro climbed to a three-week high on Thursday as investors raised their bets that the...
PUBLISHED Jun 8, 2018 05:50 AM

REAL ESTATE

House-price inflation in Asia 'under control'

COOLING measures and an accommodative monetary policy have helped to control house-price...
PUBLISHED Jun 8, 2018 05:50 AM

May resale prices for flats dip 1.8% y-o-y: SRX

RESALE prices of Housing Board flats rose 0.5 per cent in May from April, according to...
PUBLISHED Jun 8, 2018 05:50 AM

Mumbai slums get colourful makeover

MUMBAI'S slums are getting a colourful makeover, thanks to an organisation that aims...
PUBLISHED Jun 8, 2018 05:50 AM

WCG to net A$147m in Australia sales proceeds

SINGAPORE-headquartered property group World Class Global (WCG) expects to recognise A$...
PUBLISHED Jun 8, 2018 05:50 AM

Singapore 'will be top urban real estate market in Asean, regardless of Obor'

THE recent cancellations of several mega-projects in Malaysia, including the high-speed...
PUBLISHED Jun 8, 2018 05:50 AM

Low Keng Huat buys 3 plots in Cairnhill for S$100m

SINGAPORE-listed property developer Low Keng Huat on Thursday said its subsidiary Glopeak...
PUBLISHED Jun 8, 2018 05:50 AM

Foreign property buyers target NZ's economic and scenic hotspots

FOREIGNERS bought almost one in five of the residential properties sold in downtown...
PUBLISHED Jun 8, 2018 05:50 AM

Rental property site raises US$40m for expansion

RENTAL property listing service Spotahome has raised US$40 million in a funding round led...
PUBLISHED Jun 8, 2018 05:50 AM

HNA to sell US building to Samsung for US$320m

HNA Group sold a Minneapolis office tower to a unit of South Korea's Samsung Group...
PUBLISHED Jun 8, 2018 05:50 AM

BANKING & FINANCE

ECB pushes banks to pick new lending rate

THE European Central Bank is urging lenders to prepare for the end of key interbank...
PUBLISHED Jun 8, 2018 05:50 AM

Deutsche Bank expects another quarter of falling revenue

DEUTSCHE Bank AG will probably report another quarter of declining revenue for the three...
PUBLISHED Jun 8, 2018 05:50 AM

Rate hike not meant to boost rupee: RBI

RESERVE Bank of India governor Urjit Patel signalled that Wednesday's interest rate...
PUBLISHED Jun 8, 2018 05:50 AM

ENERGY & COMMODITIES

Vietnam's second refinery to begin exports in June

VIETNAM'S second oil refinery Nghi Son, which is expected to be fully operational by...
PUBLISHED Jun 8, 2018 05:50 AM

Demand for American oil heats up as US keeps more for itself

THE US is set to get a bit more possessive about its own oil, sparking a bidding war with...
PUBLISHED Jun 8, 2018 05:50 AM

China's solar firms urge government to rethink capacity cap, subsidy cuts

CHINESE solar panel makers have urged Beijing to delay surprise subsidy cuts and relax a...
PUBLISHED Jun 8, 2018 05:50 AM

TECHNOLOGY

Flying-car startup backed by Google co-founder is ready for test flights

A FLYING CAR project backed by Google co-founder Larry Page was closer to take-off on...
PUBLISHED Jun 8, 2018 05:50 AM

Smart tech poised to make cities cleaner and safer

CITIES could save hundreds of lives and lower carbon emissions by using smart...
PUBLISHED Jun 8, 2018 05:50 AM

US lawmakers press Facebook over Chinese data sharing

FACEBOOK Inc faced criticism on Wednesday from Republican and Democratic US lawmakers who...
PUBLISHED Jun 8, 2018 05:50 AM

Big tech listings in China loom after release of final rules

CHINA published final rules of a trial programme for securities that would allow...
PUBLISHED Jun 8, 2018 05:50 AM

CONSUMER

EPL scores big in Europe's football market: Deloitte report

THE English Premier League (EPL) delivered its "most impressive results" ever...
PUBLISHED Jun 8, 2018 05:50 AM

Shoot, squeeze and save at the Tokyo Toy Show

FROM a piggy bank that demands your cash to a pump-action gun blasting damp toilet roll...
PUBLISHED Jun 8, 2018 05:50 AM

TRANSPORT

Daimler fights Tesla, VW with new electric big rig truck

DAIMLER AG unveiled on Wednesday an all-electric big rig truck it promises to have in...
PUBLISHED Jun 8, 2018 05:50 AM

As fuel prices rise, airlines warn of higher fares

THE price of jet fuel has gone up 50 per cent in the past year, and airline executives...
PUBLISHED Jun 8, 2018 05:50 AM

Rich moms, millennials make Canada a hot market for Rolls-Royce

WHEN Rolls-Royce Motor Cars unveiled its first-ever SUV in the Americas last month, it...
PUBLISHED Jun 8, 2018 05:50 AM

GOVERNMENT & ECONOMY

TRUMP-KIM SUMMIT

Singapore meeting brings former US secret envoy Pompeo centre stage

SHORTLY after Mike Pompeo was unveiled as US Secretary of State, it was revealed that he...
PUBLISHED Jun 8, 2018 05:50 AM

The hidden costs of 'America First' tariffs

BILL Adler was invited last year to bid on a contract to make commercial sausage stuffers...
PUBLISHED Jun 8, 2018 05:50 AM

Bank Negara governor's exit adds uncertainty to economy in flux

THE sudden resignation of Malaysia's central bank governor adds another layer of...
PUBLISHED Jun 8, 2018 05:50 AM

US clinches deal with China to resurrect ZTE

US Commerce Secretary Wilbur Ross said on Thursday the government has reached a deal with...
PUBLISHED Jun 8, 2018 05:50 AM

LIFE & CULTURE

WORLD CUP 2018

What sort of welcome will visitors get in Russia?

ORGANISERS of the Fifa World Cup in Russia say the month-long football tournament will...
PUBLISHED Jun 8, 2018 05:50 AM

South-east Europe targets luxury brands' fast fashion catchup

MIGLENA Hristova's factory near the Danube is among a growing number in south-...
PUBLISHED Jun 8, 2018 05:50 AM

Polish Vodka Museum to open in Warsaw next week

POLAND has been synonymous with vodka around the world for years, but it is only next...
PUBLISHED Jun 8, 2018 05:50 AM

OPINION

EDITORIAL

It may not be a trade war, but it could still be costly and dangerous

THERE is nothing new about US administrations being drawn into trade disputes with...
PUBLISHED Jun 8, 2018 05:50 AM

Indonesia strengthens laws against biopirates

INDONESIA is strengthening its laws this year to protect its genetic resources. The...
PUBLISHED Jun 8, 2018 05:50 AM
THE BOTTOM LINE

Trump's trade war is mostly about politics, not economics

YOU cannot understand US President Donald Trump's so-called "trade war"...
PUBLISHED Jun 8, 2018 05:50 AM

Can green bonds help power emerging Asia's fixed income markets?

AT a time when climate change is an acute threat to global development, governments...
PUBLISHED Jun 8, 2018 05:50 AM
COMMENTARY

India and Singapore: exploring the digital frontier

INDIA and Singapore have begun to look beyond their traditional areas of engagement like...
PUBLISHED Jun 8, 2018 05:50 AM
COMMENTARY

Scapegoating the EU won't fix Italy

IITALY is making international headlines again. In the country's election on March 4...
PUBLISHED Jun 8, 2018 05:50 AM

Lifestyle

PUBLISHED Jun 8, 2018 05:50 AM

From Campania's volcanic soils come whites in multiple colours

THE greatest wines of Italy have always been red. Yet in the last 20 years, the whites of...
PUBLISHED Jun 8, 2018 05:50 AM

Farm to table, Singapore-style

HAN LI GUANG PETS a fuzzy little goat on the head at Hay Dairies - Singapore's only...
PUBLISHED Jun 8, 2018 05:50 AM

Lai Chang Wen

THE OFFICE OF NINJA VAN has all the feel of a startup - IKEA furniture, disposable coffee...
PUBLISHED Jun 8, 2018 05:50 AM

Bali Deal

After an extensive renovation, the Longhouse boutique resort in Bali's Jimbaran Bay...
PUBLISHED Jun 8, 2018 05:50 AM

Little Prince lives on

For 75 years, Antoine de Saint-Exupéry classic children's book The Little Prince has...
PUBLISHED Jun 8, 2018 05:50 AM

World Cup Action

Augmented reality isn't just reserved for Pokemon Go - it will be used as well in...
PUBLISHED Jun 8, 2018 05:50 AM

Black Gold Hunting

The months of June to August mark winter truffle season in New South Wales, and lovers of...
PUBLISHED Jun 8, 2018 05:50 AM

Shortcut to Peru

You'll still need a plane ticket to Hong Kong but at least you'll be in the...
PUBLISHED Jun 8, 2018 05:50 AM

Toast to Charity

If negroni is your poison, then have a drink and do some good during Negroni Week at...
PUBLISHED Jun 8, 2018 05:50 AM

My Melody Fare

You know you're a confirmed cartoon icon when you get your own cafe. My Melody, the...
PUBLISHED Jun 8, 2018 05:50 AM

Picturing Hitler

Framed, By Adolf is an original play and a continuation of acclaimed Singapore dramatist...
PUBLISHED Jun 8, 2018 05:50 AM

Designer chic

Italian designer Piero Lissoni could well have been snacking on edamame (soybeans) in his...
PUBLISHED Jun 8, 2018 05:50 AM

Whisky pilgrimage

IT HAS BECOME something of a travel cliché: whisky drinkers making the pilgrimage to...
PUBLISHED Jun 8, 2018 05:50 AM

Time for the spotlight

Watch fans by now may be tired of reading yet another report of Baselworld 2018, replete...
PUBLISHED Jun 8, 2018 05:50 AM
PUBLISHED Jun 8, 2018 05:50 AM

Slow-burn mystery novel

FIRST-TIME SINGAPORE NOVELIST Clarissa Goenawan clinched awards for her literary effort...
PUBLISHED Jun 8, 2018 05:50 AM

Dear Dad

Olympic gold-medallist Joseph Schooling is Singapore's first Hugo Boss ambassador...
PUBLISHED Jun 8, 2018 05:50 AM

Tour in Black & White

BEFORE SWANKY CONDOMINIUMS and HDB blocks started sprouting up, some of the buildings...
PUBLISHED Jun 8, 2018 05:50 AM

BREAKING NEWS

Jun 18, 2018 10:24 AM

London house prices continue descent as buying season ends

[LONDON] London house prices fell the most since the beginning of the year in June as the capital's property...
Jun 18, 2018 10:06 AM

Ascendas Hospitality Trust to buy three Osaka hotels for 10.29b yen

ASCENDAS Hospitality Trust has on June 15 entered into an agreement with ES-CON Japan via Ascendas Hospitality Real...
Jun 18, 2018 10:01 AM

Hong Kong, Shanghai, Taipei, Jakarta: Markets closed for holidays

[HONG KONG] Financial markets in Hong Kong, Shanghai, Taipei and Jakarta are closed on Monday for public holidays.
Jun 18, 2018 09:50 AM

Several feared dead after strong earthquake hits near Osaka in western Japan

[TOKYO] Several people were feared dead, including a nine-year-old girl, after a strong quake shook the city of Osaka...
Jun 18, 2018 09:42 AM

Asia: Shares fall as US-China trade spat intensifies; oil extends losses

[TOKYO] Asian shares retreated on Monday after US President Donald Trump cranked up trade tensions with China by going...
Jun 18, 2018 09:34 AM

Singapore shares decline at Monday's open; STI down 0.68% to 3,334.04

SINGAPORE stocks opened weaker on Monday, with the Straits Times Index heading down 0.68 per cent or 22.69 points to 3,...
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