Friday, Jun 15, 2018

TOP STORIES

BT EXCLUSIVE

More luxury condos to cross S$4,000 psf mark

LUXURY residential properties crossing the S$4,000 per square foot (psf) mark in...
PUBLISHED Jun 15, 2018 05:50 AM

The rise of craft spirits, in BT Weekend

DOES it seem like round every corner, down every alley lies a concept bar helmed by an...
PUBLISHED Jun 15, 2018 05:50 AM
NEWS ANALYSIS

Faster US rate hikes to have mixed impact on Singapore

THE United States Federal Reserve's decision to step up the pace of interest rate...
PUBLISHED Jun 15, 2018 05:50 AM
WORLD CUP 2018

World Cup may not bring much cheer to stock market, but is friendlier to currencies

FOOTBALL fever may cause stock market trading to cool as the World Cup kicks off, with...
PUBLISHED Jun 15, 2018 05:50 AM
WORLD CUP 2018

More than just football, the World Cup will affect sectors such as gaming, F&B and travel

THE stage has long been set for the World Cup that began on Thursday night in Russia...
PUBLISHED Jun 15, 2018 05:50 AM

Tech giants spend big to stay on top

IN THIS rapidly evolving age of digital advancement and disruption, changes to the...
PUBLISHED Jun 15, 2018 05:50 AM

'Singapore' topped Google search list in the US on eve of Trump-Kim summit

AS images of North Korean leader Kim Jong Un strolling by revellers at the top of Marina...
PUBLISHED Jun 15, 2018 05:50 AM

CrimsonLogic opens Rwanda office

E-GOVERNMENT products and services provider CrimsonLogic has opened an office in the...
PUBLISHED Jun 15, 2018 05:50 AM

ECB to end bond buys but signals rate hike is distant

THE European Central Bank said on Thursday it will end its unprecedented bond purchase...
PUBLISHED Jun 15, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Time to switch out of developer stocks?

SUBDUED sales at the recent launch of two condominium projects in Serangoon, in the north...
PUBLISHED Jun 15, 2018 05:50 AM

IPO activity from Singapore issuers picks up in 1H18: report

IPO activity by Singapore issuers picked up pace in the first half of this year,...
PUBLISHED Jun 15, 2018 05:50 AM

PropNex seeks mainboard listing

REAL estate agency PropNex is seeking a listing on the Singapore Exchange mainboard,...
PUBLISHED Jun 15, 2018 05:50 AM

Corporate digest

MAPLETREE Industrial Trust is acquiring 7 Tai Seng Drive from Mapletree Logistics Trust...
PUBLISHED Jun 15, 2018 05:50 AM

Taiwan rapper blasts Citigroup, Deutsche for shelved startup IPO

JEFFREY Huang, the veteran rapper who pioneered Taiwan's hip-hop scene, publicly...
PUBLISHED Jun 15, 2018 05:50 AM

SPH Radio stations hit peak audience; 96.3 FM and Money FM beat expectations

SINGAPORE Press Holdings (SPH) has said its five radio stations reached their biggest...
PUBLISHED Jun 15, 2018 05:50 AM

Noble Group slumps to record low as rescue deal proves elusive

SHARES of Noble Group Ltd, the commodity trader battling for survival, slumped to a...
PUBLISHED Jun 15, 2018 05:50 AM

Jumbo reaches new markets with first Tsui Wah cafe in Singapore

CATALIST-LISTED Jumbo Group is expanding its reach to new market segments with the...
PUBLISHED Jun 15, 2018 05:50 AM

Unilever warns of slow sales as it faces FTSE exit

UNILEVER gave a muted outlook for sales and said it's "extremely unlikely...
PUBLISHED Jun 15, 2018 05:50 AM

Ex-UOB personal banker jailed for forgery and cheating his clients

A PERSONAL banker with United Overseas Bank (UOB) took liberties with his clients'...
PUBLISHED Jun 15, 2018 05:50 AM
STOCKS

STI falls 1% on Fed rate hike, trade fears

SHARE prices in the Singapore bourse saw red on Thursday ahead of the Eid holiday, after...
PUBLISHED Jun 15, 2018 05:50 AM

Brokers' take

The execution of the master purchase agreement with Fortis Healthcare for the disposal of...
PUBLISHED Jun 15, 2018 05:50 AM
CURRENCIES

Euro falls on ECB's rate moves, end of QE by 2018

After initially rallying nearly half a per cent higher to US$1.1853, the single currency...
PUBLISHED Jun 15, 2018 05:50 AM

REAL ESTATE

China real estate sales pick up as developers push projects to market

CHINA'S real estate investment growth slowed in May but remained firm, with sales...
PUBLISHED Jun 15, 2018 05:50 AM

Swire in talks to sell stakes in two HK towers for HK$14b

SWIRE Properties is in talks to sell its stakes in two Hong Kong towers to Hengli...
PUBLISHED Jun 15, 2018 05:50 AM

UK housing market stuck in the doldrums

THE UK housing market stayed stuck in a rut in May as activity and prices remained...
PUBLISHED Jun 15, 2018 05:50 AM

5 land parcels for general agriculture up for tender

FIVE land parcels for general agriculture in Lim Chu Kang and Sungei Tengah were put on...
PUBLISHED Jun 15, 2018 05:50 AM

BANKING & FINANCE

NEWS ANALYSIS

European bankers to ask Theresa May why they should stay after Brexit

THE bosses of some of Europe's biggest banks were expected to ask Britain's...
PUBLISHED Jun 15, 2018 05:50 AM

StanChart to set up new global business services hub in Warsaw

ASIA-FOCUSED bank Standard Chartered said on Thursday it was setting up a new global...
PUBLISHED Jun 15, 2018 05:50 AM

ENERGY & COMMODITIES

Russia and Saudi Arabia pursue Opec deal at World Cup summit

COME for the football, stay for the oil diplomacy.
PUBLISHED Jun 15, 2018 05:50 AM
NEWS ANALYSIS

Why it will be tough for Trump to bail out coal and nuclear power

WHEN President Donald Trump came into office, he vowed to revive the United States'...
PUBLISHED Jun 15, 2018 05:50 AM

Yancoal Australia plans US$800m listing in Hong Kong

ASX-listed Yancoal Australia is planning a dual primary listing in Hong Kong this year...
PUBLISHED Jun 15, 2018 05:50 AM

TECHNOLOGY

Facebook used less for news as youngsters turn to WhatsApp

THE use of social media networks such as Facebook to consume news has started to fall in...
PUBLISHED Jun 15, 2018 05:50 AM

Microsoft takes aim at Amazon with push for checkout-free retail

MICROSOFT Corp is working on technology that would eliminate cashiers and checkout lines...
PUBLISHED Jun 15, 2018 05:50 AM

Apple to close iPhone security hole that police could use

APPLE has long positioned the iPhone as a secure device that only its owner can open...
PUBLISHED Jun 15, 2018 05:50 AM

CONSUMER

Comcast offers US$65b for Fox in showdown with Disney

COMCAST Corp made a long-awaited offer to acquire much of 21st Century Fox Inc, topping a...
PUBLISHED Jun 15, 2018 05:50 AM

Designer Tomas Maier quits Bottega Veneta

GERMAN designer Tomas Maier, the longtime creative director of Bottega Veneta, the Kering...
PUBLISHED Jun 15, 2018 05:50 AM

Struggling UK restaurants could make billions by switching opening hours: study

BRITAIN'S struggling bars and restaurants could earn over £5 billion (S$8.9 billion...
PUBLISHED Jun 15, 2018 05:50 AM

TRANSPORT

Rolls-Royce to slash thousands of jobs in latest overhaul

ROLLS-ROYCE Holdings plc will eliminate 8 per cent of its workforce in chief executive...
PUBLISHED Jun 15, 2018 05:50 AM

India airlines going international to escape domestic airfare war

INDIAN airlines are turning to the international market in search of better returns as...
PUBLISHED Jun 15, 2018 05:50 AM

Musk's Boring Co bags Chicago airport high-speed rail project

ELON Musk's Boring Co is the winner in a bid to build a multibillion-dollar high-...
PUBLISHED Jun 15, 2018 05:50 AM

VW agrees to billion-euro fine as diesel crisis grinds on

VOLKSWAGEN AG will pay a billion-euro (S$1.6 billion) fine imposed by German prosecutors...
PUBLISHED Jun 15, 2018 05:50 AM

GOVERNMENT & ECONOMY

China's economy slowing as Trump readies tariffs

CHINA'S economy fell short of expectations and its central bank chose not to follow...
PUBLISHED Jun 15, 2018 05:50 AM
LATEST US DATA

Retail sales up 0.8% in May; weekly jobless claims fall

US retail sales increased more than expected in May as consumers bought motor vehicles...
PUBLISHED Jun 15, 2018 05:50 AM

Japan seen skirting recession, but warning signs loom

JAPAN'S "Abenomics" stimulus programme is sputtering just as the...
PUBLISHED Jun 15, 2018 05:50 AM

Britons go on spending spree to mark royal wedding, summer sunshine

BRITISH retail sales jumped for a second month in a row in May as a royal wedding and...
PUBLISHED Jun 15, 2018 05:50 AM

LIFE & CULTURE

Thai chef heads home for a challenge

IT was close to 2 am, and Pim Techamuanvivit could not sleep. So, like a tenacious...
PUBLISHED Jun 15, 2018 05:50 AM

OPINION

Monsanto's long road to extinction

THE name Monsanto is gone. The St Louis-based company was acquired by the German...
PUBLISHED Jun 15, 2018 05:50 AM
THE BOTTOM LINE

Asean needs to deepen regional financial cooperation

THE global macroeconomic landscape has grown increasingly complex since the Asean+3 group...
PUBLISHED Jun 15, 2018 05:50 AM
EDITORIAL

There's scope to raise penalties to deal with illegal gambling

WITH the World Cup getting under way in Russia on Thursday night - the host nation faced...
PUBLISHED Jun 15, 2018 05:50 AM

The politics of vague: Leveraging ambiguity in foreign relations

AMBIGUOUS behaviour, doctrines and statements have gained popularity as foreign policy...
PUBLISHED Jun 15, 2018 05:50 AM
COMMENTARY

Will blockchain bring data ownership back to users?

SINCE the advent of the Internet, users have marvelled at the ability to create a persona...
PUBLISHED Jun 15, 2018 05:50 AM
COMMENTARY

How machines learn the way you use your devices can help keep you safe from cybercrime

IT'S A common plot line in many thrillers: An unsuspecting victim unlocks their...
PUBLISHED Jun 15, 2018 05:50 AM

Lifestyle

Asian twists in the spotlight

WITH all the look-at-me sparkly steel and perfect landscaping that make up the achingly...
PUBLISHED Jun 15, 2018 05:50 AM

150-year-old wine and its descendants reveal their secrets

I HAVE never been able to afford a bottle of Château Lafite Rothschild, which for...
PUBLISHED Jun 15, 2018 05:50 AM

Discover Your Inner Craftsman

WHEN ALVIN TAN enrolled in the Nanyang Academy of Fine Arts (Nafa) in 1997, there were no...
PUBLISHED Jun 15, 2018 05:50 AM

Chang Theng Hwee

TRAVELLERS WHO HAVE booked a holiday from bespoke travel company Country Holidays would...
PUBLISHED Jun 15, 2018 05:50 AM

Zegna Flair

Two Italian luxury labels get together and make some cool things. Ermenegildo Zegna and...
PUBLISHED Jun 15, 2018 05:50 AM

Pick A Postcard

Art lovers, listen up. Pameran Poskad (which means 'Postcard Exhibition' in...
PUBLISHED Jun 15, 2018 05:50 AM

New Kids On The Block

Through the years, the Portugieser has become one of IWC's most well-loved...
PUBLISHED Jun 15, 2018 05:50 AM

Living Well

Where is the best place to live in the world? It's Wellington, the capital of New...
PUBLISHED Jun 15, 2018 05:50 AM

Power Of Prints

Four of the greatest American artists from the Modern era - namely Jasper Johns, Roy...
PUBLISHED Jun 15, 2018 05:50 AM

Calling The Shots

It costs a fraction of an iPhone X and uses artificial intelligence to turn you into a...
PUBLISHED Jun 15, 2018 05:50 AM

Extreme Flowers

Supersized begonias are the main attraction at the Flower Dome at Gardens by the Bay, as...
PUBLISHED Jun 15, 2018 05:50 AM

Morning Cuppa

The World Cup has just started and while you can stock up on beer easily by just ordering...
PUBLISHED Jun 15, 2018 05:50 AM

Crazy About Cocoa

THE CRAFT CHOCOLATE trend can be described as following the same path as third-wave...
PUBLISHED Jun 15, 2018 05:50 AM

Singapore's Green Buildings On Show

THE BUILDINGS ON these two pages may be familiar for their eye-catching designs, but they...
PUBLISHED Jun 15, 2018 05:50 AM

Gifts For The Thinking Dad

The old black-and-white films of Ozu are an acquired taste. But once you do, you'll...
PUBLISHED Jun 15, 2018 05:50 AM

The Art Of Intimacy

IN FRENCH, CHAMBRES D'AMIS means 'guest rooms' or more literally '...
PUBLISHED Jun 15, 2018 05:50 AM

Pre-Fall Reboot

Pastels are not just for holidays or weekends. Victoria Beckham took the lead by...
PUBLISHED Jun 15, 2018 05:50 AM

Pure Gem

PEARLS ARE UNIVERSALLY ASSOCIATED with success, elegance and a certain ranking in social...
PUBLISHED Jun 15, 2018 05:50 AM

Second Coming

IT WASN'T THE SECOND COMING of Steve Jobs, but there were broad similarities...
PUBLISHED Jun 15, 2018 05:50 AM

A Marquee Production

MARINA BAY SANDS (MBS) HAS never been one to be low-key about any of its new ventures...
PUBLISHED Jun 15, 2018 05:50 AM
FEBRUARY 1960

Don't Bank On It

In 1947, after World War II, philanthropist and millionaire Aw Boon Haw, of Tiger Balm...
PUBLISHED Jun 15, 2018 05:50 AM
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