Thursday, Jul 12, 2018

TOP STORIES

Safe as houses, from Singapore to Qatar

REAL-LIFE emergencies are rare in Singapore, but that is no barrier to business for a...
PUBLISHED Jul 12, 2018 05:50 AM

Baby boomers back in business

THERE are no dreams of unicorns or Series A funding, but a group of 50- and 60-something...
PUBLISHED Jul 12, 2018 05:50 AM
TRADE TENSIONS

Severe trade war could lop 0.3 percentage point off Singapore's growth

A SEVERE trade war between the United States and China could shave 0.3 percentage points...
PUBLISHED Jul 12, 2018 05:50 AM
TRADE TENSIONS

US ramps up trade row with China, threatens new tariffs

THE Trump administration raised the stakes in its trade dispute with China on Tuesday,...
PUBLISHED Jul 12, 2018 05:50 AM

HK rejected Singapore's request to nab Jho Low in 2016: Police

SINGAPORE rubbished news reports that it has made no request to the Hong Kong authorities...
PUBLISHED Jul 12, 2018 05:50 AM

Asian emerging markets risk financial instability: Amro

ASIA'S emerging markets face a risk of financial instability, amid rising trade...
PUBLISHED Jul 12, 2018 05:50 AM

Smaller plots still in en bloc game

PROPERTY owners sitting on smallish plots of land are still hopeful of pulling off en...
PUBLISHED Jul 12, 2018 05:50 AM
PARLIAMENT

Wage growth outpaced productivity growth in recent years

REAL wages rose faster than productivity in recent years, even though real wage growth...
PUBLISHED Jul 12, 2018 05:50 AM
OPINION

Smarter cities for a smarter world

TRAFFIC congestion, air and noise pollution, or overcrowded public transport. These are...
PUBLISHED Jul 12, 2018 05:50 AM

COMPANIES & MARKETS

As Q3 earnings jump 64%, SPH plans new growth thrusts

SINGAPORE Press Holdings (SPH) is looking at overseas opportunities to expand its real...
PUBLISHED Jul 12, 2018 05:50 AM
HOCK LOCK SIEW

Ayondo needs to turn hype into results to live up to its promise

IT has been slightly over three months since the initial public offer (IPO) of Europe-...
PUBLISHED Jul 12, 2018 05:50 AM

Koufu prices IPO at S$0.63 a share

FOOD court operator Koufu has priced its initial public offering (IPO) at S$0.63 a share...
PUBLISHED Jul 12, 2018 05:50 AM

Chasen eyes opportunity in shifting manufacturing hubs

ENCOURAGED by its record revenue and steep jump in earnings in FY18, and determined to...
PUBLISHED Jul 12, 2018 05:50 AM

SGX to unveil new forex futures trading features in August

SINGAPORE Exchange (SGX) will launch new trading features that will allow for over-the-...
PUBLISHED Jul 12, 2018 05:50 AM

Corporate digest

DUTY Free International posted a 39.9 per cent drop in net profit to RM9 million (S$3...
PUBLISHED Jul 12, 2018 05:50 AM
STOCKS

Straits Times Index falls as fears resurface

INVESTORS' allayed concerns early in the week were short-lived as Asian markets were...
PUBLISHED Jul 12, 2018 05:50 AM

Brokers' take

Crude palm oil (CPO) prices have continued to trend lower in Q2 2018, and are down about...
PUBLISHED Jul 12, 2018 05:50 AM
CURRENCIES

US threat of more tariffs on China hits yuan

THE Chinese yuan skidded towards an 11-month low and the Australian dollar fell on...
PUBLISHED Jul 12, 2018 05:50 AM

REAL ESTATE

June condo, HDB rents fall as volumes drop

RENTALS for private condos and apartments in Singapore fell 0.2 per cent, while HDB rents...
PUBLISHED Jul 12, 2018 05:50 AM

Oxley deputy CEO buys 2.5 million shares

OXLEY Holdings executive director and deputy chief executive officer Eric Low See Ching...
PUBLISHED Jul 12, 2018 05:50 AM

Convene raises US$152m to fuel expansion

CONVENE, a New York-based real estate startup that specialises in flexible meeting and...
PUBLISHED Jul 12, 2018 05:50 AM

UK builder expects pre-tax gain to rise 9% amid slowdown

BRITAIN'S biggest housebuilder Barratt Developments expects full-year pretax profit...
PUBLISHED Jul 12, 2018 05:50 AM

BANKING & FINANCE

British watchdog warns financial firms over use of Big Data

BRITAIN'S banks and insurers must take the lead in spelling out how they will use...
PUBLISHED Jul 12, 2018 05:50 AM

US hedge fund Elliott announces takeover of AC Milan

US HEDGE fund Elliott announced that it has taken over Italian giants AC Milan after the...
PUBLISHED Jul 12, 2018 05:50 AM

ENERGY & COMMODITIES

Viva Energy prices at bottom of range for Australia's biggest IPO in four years

THE float of Viva Energy, led by global energy trader Vitol, has been priced at the...
PUBLISHED Jul 12, 2018 05:50 AM

Oil strike in Norway shuts Shell field as escalation looms

A STRIKE curtailed oil production off Norway for the first time in six years as Royal...
PUBLISHED Jul 12, 2018 05:50 AM

TECHNOLOGY

Chinese cyber-spy hackers target Cambodia as elections loom

CHINESE cyber spies have targeted Cambodian government institutions, opposition party...
PUBLISHED Jul 12, 2018 05:50 AM

Ex-Apple worker charged with stealing self-driving car trade secrets

US authorities charged a former Apple Inc employee with stealing trade secrets on Monday...
PUBLISHED Jul 12, 2018 05:50 AM

CONSUMER

Pfizer delays price hikes after discussion with Trump

PFIZER Inc said on Tuesday that it was deferring drug price increases for no more than...
PUBLISHED Jul 12, 2018 05:50 AM

Comcast battle for Fox dominates Sun Valley Conference

MASAYOSHI Son said he had no money for deals (he's thinking of a second US$100...
PUBLISHED Jul 12, 2018 05:50 AM

Burberry's Q1 sales up 3%

BRITISH luxury brand Burberry reported a 3 per cent rise in underlying sales in its first...
PUBLISHED Jul 12, 2018 05:50 AM

TRANSPORT

SIA to expand direct services to US

SINGAPORE Airlines (SIA) is boosting its direct services to the United States as it...
PUBLISHED Jul 12, 2018 05:50 AM

ST Engg Land Systems bags S$54m bus deal

LOCAL firm ST Engineering Land Systems has won a S$54 million contract to supply 111...
PUBLISHED Jul 12, 2018 05:50 AM

Tesla plots bold China factory move, stays silent on cost

TESLA Inc and the Shanghai government have left out a crucial detail in announcing a...
PUBLISHED Jul 12, 2018 05:50 AM

GOVERNMENT & ECONOMY

Singapore ranks 5th in Global Innovation Index

SINGAPORE is the most innovative country in the world outside Europe, according to this...
PUBLISHED Jul 12, 2018 05:50 AM

New Malaysia central bank chief strikes neutral tone on rate

MALAYSIA'S central bank kept its benchmark interest rate steady in the first policy...
PUBLISHED Jul 12, 2018 05:50 AM

Trump and Merkel trade barbs over Russia pipeline at Nato meet

DONALD Trump and Angela Merkel got off to a prickly start at a Nato summit as the US...
PUBLISHED Jul 12, 2018 05:50 AM
LATEST US DATA

Services, motor vehicles lift producer prices in June

US producer prices increased slightly more than expected in June amid gains in the cost...
PUBLISHED Jul 12, 2018 05:50 AM

UK politics is the wild card for BOE's August rate increase

POLITICAL turmoil fanned by Brexit may be the last hurdle for a Bank of England interest-...
PUBLISHED Jul 12, 2018 05:50 AM

China says it won't back down in a trade war started by Trump

CHINA fired back at President Donald Trump's latest tariff barrage, saying it won...
PUBLISHED Jul 12, 2018 05:50 AM

LIFE & CULTURE

MAKING A DIFFERENCE

Urban farming social enterprise bears fruit for local community

BECOMING a farmer in Singapore sounds risky enough, but former digital marketer Bjorn Low...
PUBLISHED Jul 12, 2018 05:50 AM
WORLD CUP 2018

Imperturbable France send Belgium packing

THEY were only glimpses, fleeting and flickering and ultimately insignificant, but they...
PUBLISHED Jul 12, 2018 05:50 AM

OPINION

EDITORIAL

Focus equally on risks, not just returns

IN its second-quarter outlook issued in April, a major US investment bank confidently...
PUBLISHED Jul 12, 2018 05:50 AM

From high street to main street

BANKING is a people business, so it may come as no surprise that I like talking to people.
PUBLISHED Jul 12, 2018 05:50 AM
THE BOTTOM LINE

China stepping up efforts to forcibly integrate minorities

IN March, China-watchers' attention turned to amendments to the constitution,...
PUBLISHED Jul 12, 2018 05:50 AM

Plugging an industry-wide knowledge gap with technology

ACCORDING to the latest research, over half of the industrial workforce is above 35 years...
PUBLISHED Jul 12, 2018 05:50 AM
COMMENTARY

Can Trump make the UK 'special relationship' great again?

DONALD Trump makes his first presidential trip to the United Kingdom, from Thursday to...
PUBLISHED Jul 12, 2018 05:50 AM
COMMENTARY

The European Union's Dublin Regulation poser

TENSIONS over immigration continue to dominate European politics. In Italy, Interior...
PUBLISHED Jul 12, 2018 05:50 AM

BREAKING NEWS

Nov 20, 2018 03:50 PM

CAD, MAS, ACRA jointly probing false and misleading statements, breaches of disclosure requirements by Noble

THE Commercial Affairs Department (CAD), the Monetary Authority of Singapore (MAS) and the Accounting and Corporate...
Nov 20, 2018 03:45 PM

Cybersecurity, data analytics top tech focus areas in 2019: CIO Academy Asia poll

CYBERSECURITY and data analytics have emerged as the top tech focus areas in 2019 among tech leaders and information...
Nov 20, 2018 03:38 PM

Seoul: Chip, carmaker shares lead losses; won gains

[SEOUL] South Korea's Kospi stock index weakened on Tuesday, weighed by losses in tech and auto industries. The...
Nov 20, 2018 03:13 PM

Tycoon Mistry plans US$1b share offer amid rare asset sales

[MUMBAI] India's Shapoorji Pallonji Group plans to seek about US$1 billion by bringing outside investors into its...
Nov 20, 2018 02:57 PM

Mondelez hires Morgan Stanley to study Tim Tam bid

[HONG KONG] Mondelez International Inc. is working with Morgan Stanley as it studies a bid for Arnott's Biscuits,...
Nov 20, 2018 02:42 PM

Homeowners who opposed collective sale must still pay stamp duty: Lawrence Wong

IN a collective sale of private homes, homeowners who opposed it will still have to pay any seller's stamp duty...
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