Friday, Jul 13, 2018

TOP STORIES

BT EXCLUSIVE

Allianz deal latest to mark office rent upturn

ALLIANZ is understood to have entered into a lease at ASB Tower, the new development...
PUBLISHED Jul 13, 2018 05:50 AM

Learning by default, in BT Weekend

IN THE LAST three years, an unprecedented number of companies have defaulted on their...
PUBLISHED Jul 13, 2018 05:50 AM
GIC ANNUAL REPORT

GIC puts more in tech firms but is mindful of surging valuations

GIC has expanded its investments in technology companies, but warns that valuations have...
PUBLISHED Jul 13, 2018 05:50 AM
GIC ANNUAL REPORT

Risk-reward outcome is key, crisis or not: GIC

NO ONE can predict how bad the next financial crisis will be; neither can anyone say for...
PUBLISHED Jul 13, 2018 05:50 AM

Retail sales up marginally in May

RETAIL sales in Singapore edged up in May, with growth constrained partly by lower motor...
PUBLISHED Jul 13, 2018 05:50 AM

Ogilvy sacks chief creative officer Tham Khai Meng over alleged misconduct

SINGAPOREAN advertising veteran Tham Khai Meng was on Thursday terminated from his...
PUBLISHED Jul 13, 2018 05:50 AM
MOON JAE-IN IN SINGAPORE

MOUs between Singapore and S. Korea to promote trade and collaboration

SINGAPORE and South Korea on Thursday signed a raft of partnerships aimed at...
PUBLISHED Jul 13, 2018 05:50 AM

Monthly COEs to rise 12.5% in upcoming quarter

THERE will be more certificates of entitlement (COEs) for the next three-month quota...
PUBLISHED Jul 13, 2018 05:50 AM

Rachel Eng leaves WongPartnership for PwC role

RACHEL ENG is leaving as a partner of WongPartnership to take up a new role with a...
PUBLISHED Jul 13, 2018 05:50 AM

Traders call for more transparency in booming LNG market

LONG dominated by deals struck in secret, the US$230 billion liquefied natural gas...
PUBLISHED Jul 13, 2018 05:50 AM

COMPANIES & MARKETS

Robert Kuok-linked groups tie up to target Taiwan's wind sector

TWO listed groups linked to Malaysia's richest tycoon Robert Kuok are joining forces...
PUBLISHED Jul 13, 2018 05:50 AM

Corporate digest

THE real estate management company has secured its first management service project in...
PUBLISHED Jul 13, 2018 05:50 AM

RHB Bank Singapore targets Islamic financing for hospitality assets

FRESH from snagging one of the world's largest Islamic financing deal from Singapore...
PUBLISHED Jul 13, 2018 05:50 AM

DBS, SGX launch education programme for budding investors

DBS Bank and the Singapore Exchange (SGX) are launching a financial education programme...
PUBLISHED Jul 13, 2018 05:50 AM

Chipmaker Broadcom inks US$19b deal to buy software company CA

BROADCOM Inc announced a US$18.9 billion deal to buy US business software company CA Inc...
PUBLISHED Jul 13, 2018 05:50 AM

Singapore's rich turn wary of bonds sold by smaller companies

SINGAPORE'S smaller companies will likely have to pay more to roll over borrowings...
PUBLISHED Jul 13, 2018 05:50 AM

Brokers' take

Venture is still targeting for growth in FY18. The traditionally stronger H2 seasonality...
PUBLISHED Jul 13, 2018 05:50 AM
STOCKS

STI rises as Asian markets get a reprieve

HAVING dealt with sell-offs on Wednesday following American intentions to slap tariffs on...
PUBLISHED Jul 13, 2018 05:50 AM
CURRENCIES

US dollar firms before inflation data; euro struggles

THE US dollar edged higher to a new nine-day high on Thursday, thanks to a bounce in...
PUBLISHED Jul 13, 2018 05:50 AM

REAL ESTATE

Dutch city to unveil world's first 3D-printed housing complex

THE southern Dutch city of Eindhoven plans to unveil the world's first 3D-printed...
PUBLISHED Jul 13, 2018 05:50 AM

Canada pension board to co-invest in China rental housing

CANADA Pension Plan Investment Board (CPPIB) said on Thursday it will invest in China...
PUBLISHED Jul 13, 2018 05:50 AM

Four freehold shophouses on Macpherson Road put on sale

COMMERCIAL real estate services and investment firm CBRE has launched for sale four...
PUBLISHED Jul 13, 2018 05:50 AM

Asia visitors opt for private apartments over cheap five-star hotel rooms: Agoda

MORE tourists to Asia are opting to stay in privately owned apartments even when five-...
PUBLISHED Jul 13, 2018 05:50 AM

BANKING & FINANCE

Australia completes tightening of property loan standards

A THREE-YEAR project to improve Australian mortgage lending standards is almost complete...
PUBLISHED Jul 13, 2018 05:50 AM

Glencore faces lawsuits over US subpoena; stock drops

GLENCORE plc faces at least two lawsuits by US shareholders accusing the big Anglo-Swiss...
PUBLISHED Jul 13, 2018 05:50 AM

Samurai bond sales at fastest pace since global financial crisis

SAMURAI bond issuance is running at the quickest pace since the global financial crisis...
PUBLISHED Jul 13, 2018 05:50 AM

ENERGY & COMMODITIES

World's oil supply cushion could be stretched to the limit: IEA

THE world's oil supply cushion could be stretched to the limit due to prolonged...
PUBLISHED Jul 13, 2018 05:50 AM

Indonesia strikes initial deal over Freeport unit

INDONESIA and Freeport-McMoRan Inc have struck an initial agreement for state-owned...
PUBLISHED Jul 13, 2018 05:50 AM

TECHNOLOGY

Israel's Elbit speeds up race to fly military drones in civil airspace

ISRAELI defence firm Elbit Systems on Thursday unveiled a 1.6 tonne unmanned aircraft...
PUBLISHED Jul 13, 2018 05:50 AM

Macedonian town is 'fake news' epicentre for US

JOVAN got a pair of Nike sneakers and went on holiday to Greece, his reward for having...
PUBLISHED Jul 13, 2018 05:50 AM

CONSUMER

Fast Retailing posts record Q3 profit on overseas Uniqlo sales

JAPAN'S Fast Retailing Co on Thursday reported a record high quarterly operating...
PUBLISHED Jul 13, 2018 05:50 AM

WeChat Pay now available at Changi Airport

TRAVELLERS will now be able to use WeChat Pay while shopping and dining at Changi Airport...
PUBLISHED Jul 13, 2018 05:50 AM

TRANSPORT

BMW first to take majority stake in China car venture: source

BMW AG stands to become the first foreign car manufacturer to own a majority in a Chinese...
PUBLISHED Jul 13, 2018 05:50 AM

Nasa's plan to use private contractors 'delayed'

PLANS to launch the first Nasa astronauts since 2011 to the International Space Station (...
PUBLISHED Jul 13, 2018 05:50 AM

Tesla whistle-blower files complaint with SEC

A FORMER Tesla Inc employee portrayed by chief executive officer Elon Musk as a saboteur...
PUBLISHED Jul 13, 2018 05:50 AM

GOVERNMENT & ECONOMY

Singapore, EU free trade agreement a 'pathfinder' deal: Chan

THE free trade deal between Singapore and the European Union (EU), which is pending...
PUBLISHED Jul 13, 2018 05:50 AM

US fiscal, trade policies make Fed call tougher: ex-Treasury secretary

INFLATIONARY pressures stemming from the United States' current fiscal and trade...
PUBLISHED Jul 13, 2018 05:50 AM

Trump reaffirms Nato pledge as allies rebut higher spending call

PRESIDENT Donald Trump affirmed the US commitment to Nato, but only after dragging top...
PUBLISHED Jul 13, 2018 05:50 AM

Singapore ranks 7th for citizen well-being: report

SINGAPORE remains the only non-European country ranked in the top 10 for well-being,...
PUBLISHED Jul 13, 2018 05:50 AM

Singapore, Aussie infrastructure players 'should join hands to capture more opportunities'

SINGAPORE and Australian infrastructure players should work together to reap "...
PUBLISHED Jul 13, 2018 05:50 AM

LIFE & CULTURE

WORLD CUP 2018

Resolute Croatia sends young England packing

CROATIA'S Mario Mandzukic ran and ran and ran until he had almost nothing left in...
PUBLISHED Jul 13, 2018 05:50 AM

Mapletree installs refurbished 1938 fire engine as its latest art piece

MORE than 70 preschoolers attended Mapletree's launch of its newest art piece, a...
PUBLISHED Jul 13, 2018 05:50 AM

Roger Federer wants to win a new game

IT'S not often that any tennis player can manage to upstage Serena Williams when it...
PUBLISHED Jul 13, 2018 05:50 AM

OPINION

EDITORIAL

UK's summer sunshine masks simmering Brexit civil war

WHEN voters chose Brexit in the June 2016 UK referendum, sterling and the stock market...
PUBLISHED Jul 13, 2018 05:50 AM

The story depends on who tells it - and how

THE term "narrative" - once used mainly by literary theorists in reference to...
PUBLISHED Jul 13, 2018 05:50 AM
THE BOTTOM LINE

The shifting sands of Brexit

IT is two years since the British public voted (52 per cent to 48 per cent) in a...
PUBLISHED Jul 13, 2018 05:50 AM

Yangon stock exchange seeks foreign investor interest

THE Yangon Stock Exchange (YSX) recently had a few champagne moments with the first...
PUBLISHED Jul 13, 2018 05:50 AM
COMMENTARY

Concrete jungle cements potential for developers' profits

AS famed psychologist Abraham Maslow argued, shelter is one of man's most...
PUBLISHED Jul 13, 2018 05:50 AM
COMMENTARY

Tapping the cloud to make water smarter for all

ALL the water that we have at the moment is all the water we will ever have; no more, no...
PUBLISHED Jul 13, 2018 05:50 AM
COMMENTARY

Why aren't wages rising?

IT'S a mystery. The US economy seems strong. Since the nadir of the Great Recession...
PUBLISHED Jul 13, 2018 05:50 AM

Lifestyle

Japanese food goes casual at Jypsy

NOBODY goes to a PS Cafe for the food. Come on, seriously. People go there mainly to soak...
PUBLISHED Jul 13, 2018 05:50 AM

Rosé is a wine like any other - some excellent, some mediocre

IN these mad times when rosé-mania reigns over summer, the sad fact of the matter is that...
PUBLISHED Jul 13, 2018 05:50 AM

Baby Boomer Entrepreneurs

THERE ARE NO dreams of unicorns or Series A funding, but a group of 50- and 60-something...
PUBLISHED Jul 13, 2018 05:50 AM

Gavin Tollman

GAVIN TOLLMAN, CEO of travel company Trafalgar and - after more than two decades in the...
PUBLISHED Jul 13, 2018 05:50 AM

Standing Ovation

The annual all-Singapore laughfest Happy Ever Laughter returns with the city's best...
PUBLISHED Jul 13, 2018 05:50 AM

Big Appetite

Thirty years on, Guns N' Roses landmark album Appetite For Destruction has been...
PUBLISHED Jul 13, 2018 05:50 AM

Perfect Cuppa

Singapore-based tea company A.muse Projects wants to make brewing a cup of tea as simple...
PUBLISHED Jul 13, 2018 05:50 AM

A Musical Tale

Two Chinese literary classics, Dream of the Red Chamber and The Battle of the Red Cliff,...
PUBLISHED Jul 13, 2018 05:50 AM

Fresh Ideas At Peach Blossoms

A huge slab of meat isn't limited to an American steakhouse as the recently-...
PUBLISHED Jul 13, 2018 05:50 AM

Home & Away

Link is a new range of hands-free voice-activated speakers from JBL with Google Assistant...
PUBLISHED Jul 13, 2018 05:50 AM

Face Off

If your skin has been looking a little worse for wear, the Ultra V High Intensity Focused...
PUBLISHED Jul 13, 2018 05:50 AM

Zen In The City

If you're looking for some respite from urban city life in Kuala Lumpur, check into...
PUBLISHED Jul 13, 2018 05:50 AM

Stirred And Shaken

OF LATE, the line between cocktail bars and restaurants has blurred as the former ramp up...
PUBLISHED Jul 13, 2018 05:50 AM

Season Of Change

Kim Jones's appointment at Dior Homme may be one of LVMH's best decisions in...
PUBLISHED Jul 13, 2018 05:50 AM

Flesh And Blood

"STILL ALIVE, STILL KICKING" is how Wong Keen replies to the standard greeting...
PUBLISHED Jul 13, 2018 05:50 AM

The Art Of Being Disliked

THERE'S AN AMERICAN PROVERB that goes: "The squeaky wheel gets the grease...
PUBLISHED Jul 13, 2018 05:50 AM

K-Living For The Home

IF YOU LOVE all things Korean, from its K-pop stars, cosmetics to fried chicken, it won...
PUBLISHED Jul 13, 2018 05:50 AM

Hidden Gem

CEFALÙ IS NOT THE FIRST TOWN that comes to mind on a visit to the Italian island of...
PUBLISHED Jul 13, 2018 05:50 AM

There's Something About Mary

Besides a larger kitchen, little has changed at the new Mary's Kafe by Mary Gomes...
PUBLISHED Jul 13, 2018 05:50 AM

BREAKING NEWS

Nov 19, 2018 09:48 PM

Macron's euro-reform plan hits headwinds at meeting in Brussels

[BRUSSELS] A Franco-German proposal to create a common budget for the shared currency area ran into trouble at a...
Nov 19, 2018 09:31 PM

Nissan moves to oust iconic Chairman Ghosn after shock arrest

[TOKYO] Nissan Motor Co Chairman Carlos Ghosn was arrested in Tokyo and the Japanese carmaker said it will remove him...
Nov 19, 2018 08:31 PM

SATS to build kitchen in Tianjin town; revises stakes in China JVs with Wilmar

SATS Ltd, the chief ground-handling and in-flight catering service provider at Singapore's Changi Airport, on...
Nov 19, 2018 07:43 PM

Hotel Properties' associated firm buys Tuscany site for some 22.6m euros

PROPERTY firm Hotel Properties Limited (HPL) on Monday said that its associated company plans to buy for an estimated...
Nov 19, 2018 07:15 PM

Insured losses from Camp and Woolsey wildfires estimated at US$9-13b

[SACRAMENTO] Risk modelling firm RMS said on Monday that it estimated insured losses from the Camp and Woolsey...
Nov 19, 2018 07:06 PM

Nissan chairman Ghosn arrested in Tokyo

[TOKYO]  Nissan chairman Carlos Ghosn was arrested in Tokyo on Monday for financial misconduct, public broadcaster NHK...
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