Wednesday, Jul 11, 2018

TOP STORIES

Inflation data for different Singapore demographic groups could be in the works

IN THE not-so-distant future, Singapore could be unveiling inflation data to track price...
PUBLISHED Jul 11, 2018 05:50 AM
TEMASEK REVIEW 2018

Temasek pumps more into early-stage firms in agribusiness, healthcare and digital media

TEMASEK has been increasing its investments in several early-stage companies in...
PUBLISHED Jul 11, 2018 05:50 AM

Singapore is top maritime centre for fifth time

FOR the fifth consecutive year, Singapore has clinched the No. 1 spot among the world...
PUBLISHED Jul 11, 2018 05:50 AM

GST hike not linked to past investment losses of GIC, Temasek: Indranee Rajah

THE upcoming goods and services tax (GST) is not linked to past investment losses by...
PUBLISHED Jul 11, 2018 05:50 AM

BT's new Asean Business portal offers insights into the region

AS ASEAN'S economic potential gains recognition worldwide, businesses and investors...
PUBLISHED Jul 11, 2018 05:50 AM

Ascend Money to grow customer base to 100 million by 2020

ASCEND Money - a South-east Asian financial technology firm backed by e-commerce giant...
PUBLISHED Jul 11, 2018 05:50 AM

Netflix rolls out upgunned service in streaming war

THE streaming services war is heating up as Netflix on Tuesday launched Smart Downloads,...
PUBLISHED Jul 11, 2018 05:50 AM

China's June producer inflation hits 6-month high

CHINA'S producer inflation accelerated to a six-month high in June, lifted by strong...
PUBLISHED Jul 11, 2018 05:50 AM

Grab launches new services; aims to be S-E Asia's first 'everyday superapp'

GRAB on Tuesday unveiled two services as part of its new and more ambitious goal of...
PUBLISHED Jul 11, 2018 05:50 AM

Enterprise Singapore partners German Accelerator to help startups grow

ENTERPRISE Singapore is working with a German government-backed startup accelerator to...
PUBLISHED Jul 11, 2018 05:50 AM
PUBLISHED Jul 11, 2018 05:50 AM

Earlier deadline for Singapore firms to report how much packaging waste they produce

COMPANIES in Singapore will have to report the packaging used in their products a year...
PUBLISHED Jul 11, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Exit offer: when fair is foul and foul is fair

VARD Holdings on Monday posted the notice for its upcoming extraordinary general meeting...
PUBLISHED Jul 11, 2018 05:50 AM

CDL roped in as cornerstone investor of property service provider E-House's HK IPO

CITY Developments Limited (CDL) will invest HK$237.81 million (S$41.1 million) in...
PUBLISHED Jul 11, 2018 05:50 AM

Ryobi Kiso Holdings slapped with more letters of demand

GROUND engineering solutions firm Ryobi Kiso Holdings has been hit by more letters of...
PUBLISHED Jul 11, 2018 05:50 AM

Singtel, Razer and others to stage regional gaming event

DOUBLING down on earlier moves into the electronic sports arena, telco Singtel will now...
PUBLISHED Jul 11, 2018 05:50 AM

Corporate digest

The listed company has failed to acquire a viable business ahead of June 30, a deadline...
PUBLISHED Jul 11, 2018 05:50 AM

SPH Reit posts flat Q3 DPU of 1.37 cents

RETAIL landlord SPH Reit has declared distribution per unit of 1.37 Singapore cents for...
PUBLISHED Jul 11, 2018 05:50 AM

GuocoLand bags Casa Meyfort for S$320m

GUOCOLAND on Tuesday announced that it has exercised the option to buy freehold...
PUBLISHED Jul 11, 2018 05:50 AM

Foreland Fabrictech hit with enforcement notice over China suit

FORELAND Fabrictech Holdings and one of its units have received a court enforcement...
PUBLISHED Jul 11, 2018 05:50 AM

Citic Envirotech launches accelerator, unveils new Memstar plant in Texas

MAINBOARD-listed Citic Envirotech Ltd (CEL) officially launched its wholly-owned...
PUBLISHED Jul 11, 2018 05:50 AM

CNMC Goldmine seeks dual listing in HK

CATALIST-LISTED CNMC Goldmine Holdings has submitted an application to the Stock Exchange...
PUBLISHED Jul 11, 2018 05:50 AM
STOCKS

STI up 1.4% as trade wars take backseat

MARKETS in Asia continued their rally on Tuesday as Wall Street turned its attention to...
PUBLISHED Jul 11, 2018 05:50 AM

Brokers' take

Since the start of June to July 9's close, hospitality S-Reits under our coverage...
PUBLISHED Jul 11, 2018 05:50 AM
CURRENCIES

Greenback rises as trade war fears fade

THE US dollar strengthened broadly on Monday and neared a six-month high against the...
PUBLISHED Jul 11, 2018 05:50 AM

REAL ESTATE

June resale prices up 0.2%, volumes down 25.5 %

RESALE prices of non-landed homes in June crept up just 0.2 per cent from the previous...
PUBLISHED Jul 11, 2018 05:50 AM

Surbana Jurong bags contract for India's Pimpri Chinchwad Smart City

SURBANA Jurong has been awarded project management and design services for India's...
PUBLISHED Jul 11, 2018 05:50 AM

ST Engineering and JTC team up to build smart-city platform for Punggol Digital District

WHEN the Punggol Digital District (PDD) is up and running in 2023, workers could have...
PUBLISHED Jul 11, 2018 05:50 AM

Luxury-home sales plunge in pricey Canada markets as rules bite

CANADA set out to cool a hot housing market, and did it ever.
PUBLISHED Jul 11, 2018 05:50 AM

BANKING & FINANCE

India bankruptcy law pushes firms to pay up debts

INDIA'S new bankruptcy law has instilled fear among delinquent borrowers and...
PUBLISHED Jul 11, 2018 05:50 AM

Xi Jinping pledges US$20b in loans to revive Middle East

CHINESE President Xi Jinping on Tuesday pledged a package of US$20 billion in loans and...
PUBLISHED Jul 11, 2018 05:50 AM

ENERGY & COMMODITIES

Natural gas drillers are fighting for their lives

THE natural gas industry is on a mission to prove it can keep up with the green energy...
PUBLISHED Jul 11, 2018 05:50 AM

Curb new nuclear plants and back renewables, urge UK govt advisers

BRITAIN should not back more than one new nuclear plant after Hinkley Point C is built...
PUBLISHED Jul 11, 2018 05:50 AM
NEWS ANALYSIS

China's appetite for soybeans could be its soft underbelly in trade war

FOR all its economic might, China hasn't been able to solve a crucial problem...
PUBLISHED Jul 11, 2018 05:50 AM

TECHNOLOGY

Microsoft's Surface Go tablet ready to do battle with iPad

MICROSOFT CORP is going for the low-end of the personal computing market with a smaller,...
PUBLISHED Jul 11, 2018 05:50 AM

A taste of Lime: Uber invests in electric scooter company

UBER wants to become a destination for all things transportation, no matter what you ride.
PUBLISHED Jul 11, 2018 05:50 AM

SoftBank to buy 11% of Yahoo Japan from Altaba and sell it to Yahoo Japan

YAHOO Japan Corp is blunting the impact of a large stock sale by a big shareholder,...
PUBLISHED Jul 11, 2018 05:50 AM

Xiaomi surges 10% after disappointing HK debut

XIAOMI CORP surged more than 10 per cent a day after its disappointing debut, as...
PUBLISHED Jul 11, 2018 05:50 AM

CONSUMER

Vintage-gear boom jolts luxury labels

SECOND-HAND fashion, once consigned only to thrift stores, is outstripping sales growth...
PUBLISHED Jul 11, 2018 05:50 AM

SFFA launches new Investor Pitching Series

IMAGINE different companies attending a one-day boot camp on making presentations, then...
PUBLISHED Jul 11, 2018 05:50 AM

TRANSPORT

Tesla hikes prices in China as trade war hits car makers

US carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 per cent in...
PUBLISHED Jul 11, 2018 05:50 AM
STRAIT TALK

Electricity? Methanol? LNG? Fuel of choice for future is unknown

LAST week's column discussed the claim by environmental campaign group Transport...
PUBLISHED Jul 11, 2018 05:50 AM

HK tycoon to buy Irish plane lessor Sky Leasing for US$2.8b

HONG KONG billionaire Henry Cheng's jewellery-to-property business empire will...
PUBLISHED Jul 11, 2018 05:50 AM

GOVERNMENT & ECONOMY

1MDB used as a Ponzi scheme: Swiss prosecutor

MALAYSIA'S 1Malaysia Development Bhd (1MDB) economic development fund was used as a...
PUBLISHED Jul 11, 2018 05:50 AM

ECB defends stimulus scheme from German court challenge

THE European Central Bank (ECB) defended its 2.6 trillion euro (S$4.1 trillion) bond-...
PUBLISHED Jul 11, 2018 05:50 AM

Bank Negara chief has reason to turn more dovish

MALAYSIA'S new central bank governor presides over her first interest-rate meeting...
PUBLISHED Jul 11, 2018 05:50 AM

LIFE & CULTURE

WORLD CUP 2018

England's young guns ready to douse Croatia's fire

WHEN it comes to suffering World Cup semi-final heartbreaks, England and Croatia are two...
PUBLISHED Jul 11, 2018 05:50 AM
BT CORPORATE GOLF LEAGUE

Corporate golfers ready for tee-off

THE magnetic pull of The Business Times Corporate Golf League has often been discussed...
PUBLISHED Jul 11, 2018 05:50 AM

EXECUTIVE MONEY

Trade wars risk spurring currency devaluations

RISING global trade tensions are morphing into a conflict fought with currency...
PUBLISHED Jul 11, 2018 05:50 AM

Hedge funds caught in Trump's trade war crossfire feel the pain

IN a booming year for mergers and acquisitions, hedge funds that seek to make money from...
PUBLISHED Jul 11, 2018 05:50 AM

Mid-sized asset managers ride into valley of death

RUMOURS of the demise of medium-sized asset managers have proved to be greatly...
PUBLISHED Jul 11, 2018 05:50 AM

OPINION

EDITORIAL

Nato at crossroads, under threat by founding member

THE North Atlantic Treaty Organization (Nato), which helped win the Cold War and maintain...
PUBLISHED Jul 11, 2018 05:50 AM

Wising up to the wired future of Asean

IN January 2018, a massive downpour hit the city of Bangkok, flooding the capital and...
PUBLISHED Jul 11, 2018 05:50 AM
THE BOTTOM LINE

Trump's upcoming summits will make or break US

US PRESIDENT Donald Trump's next two summits - first with Nato allies in Brussels;...
PUBLISHED Jul 11, 2018 05:50 AM

Regulatory enforcement is key to rebuilding trust in market

SEVERAL years ago, a few Malaysian directors were in town for a conference. As I was...
PUBLISHED Jul 11, 2018 05:50 AM

The Finlandisation of the United States

THIS week, President Donald Trump will visit Europe to call on allies, get in some golf...
PUBLISHED Jul 11, 2018 05:50 AM

Responsible AI as a force for good

IN an increasingly dynamic public safety landscape, new and emerging technologies -...
PUBLISHED Jul 11, 2018 05:50 AM

BREAKING NEWS

Dec 19, 2018 07:00 AM

IMF board approves new Ukraine loan package, releases US$1.4b immediately

[WASHINGTON] The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for...
Dec 19, 2018 06:55 AM

Government shutdown threat remains as US Democrats reject Trump bid

[WASHINGTON] Prospects of a partial US government shutdown surged on Tuesday after Democrats rejected what they said...
Dec 19, 2018 06:52 AM

Migration row forces Belgian premier's resignation

[BRUSSELS] Nationalist anger over migration brought down the Belgian government on Tuesday, forcing Prime Minister...
Dec 19, 2018 06:49 AM

Greek lawmakers adopt first post-crisis budget

[ATHENS] Greek lawmakers on Tuesday adopted the first budget free of foreign assistance in almost 10 years, predicting...
Dec 19, 2018 06:48 AM

US offers US$4.5b investment in Central America, Mexico

[WASHINGTON] The United States, hoping to stem migration, said Tuesday it was ready to support US$4.5 billion in...
Dec 19, 2018 06:42 AM

Australian bank regulator to remove cap on interest-only mortgages

[SYDNEY] Australia's banking regulator said on Wednesday it was removing a cap on interest-only loans for...
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