Wednesday, Jul 18, 2018

TOP STORIES

Growth at risk as trade conflicts, electronics slowdown take toll on Singapore exports

SINGAPORE'S exports showed signs of faltering as it notched marginal gains in June,...
PUBLISHED Jul 18, 2018 05:50 AM

Impact of latest curbs has Redas seminar abuzz

PROPERTY players are still coming to terms with the surprise cooling measures that took...
PUBLISHED Jul 18, 2018 05:50 AM
NEWS ANALYSIS

Taiwan's offshore wind market a breath of fresh air for O&M sector

ROBERT Kuok-backed PACC Offshore Services Holdings (POSH) has joined a line of Singapore-...
PUBLISHED Jul 18, 2018 05:50 AM

BT World Cup challenge nets S$25,000 for Budding Artists Fund

A TOTAL of S$25,000 has been raised for charity, thanks to the generosity of a group of...
PUBLISHED Jul 18, 2018 05:50 AM

Gems, precious metals dealers face new rules to curb money laundering, terrorism

DEALERS in precious stones and metals could soon have to register with the Ministry of...
PUBLISHED Jul 18, 2018 05:50 AM

AGO finds recurring issues in government finances

THE Auditor-General's Office (AGO) continued to find lapses in contract management...
PUBLISHED Jul 18, 2018 05:50 AM

Singapore's first woman architect Designer of the Year

GIVE it up for woman power. More than a decade after the President's Design Award (P...
PUBLISHED Jul 18, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Let's be a world champion in good corporate behaviour, small-nation style

IF THERE is one thing that sports fans have learnt over the weekend, it is that size...
PUBLISHED Jul 18, 2018 05:50 AM

Sias to hold shareholder dialogue ahead of Shanghai Turbo EGM

SINGAPORE's investor watchdog is holding a dialogue for shareholders of precision...
PUBLISHED Jul 18, 2018 05:50 AM

DLF to raise net proceeds of S$2.9m through IPO

DLF Holdings, a mechanical and electrical engineering services firm, on Tuesday said it...
PUBLISHED Jul 18, 2018 05:50 AM

Public offer for Koufu shares 17 times subscribed

THE public offer for Koufu's shares, which were priced at S$0.63 apiece, was 17...
PUBLISHED Jul 18, 2018 05:50 AM

First Reit Q2 net property income up 5%; DPU at 2.15 cents

CONTRIBUTIONS from First Reit's latest assets - Siloam Hospitals Buton & Lippo...
PUBLISHED Jul 18, 2018 05:50 AM

Ezra's restructuring proposal with Asia Fund Space falls through

OFFSHORE and marine group Ezra Holdings said that a plan to put its assets under a...
PUBLISHED Jul 18, 2018 05:50 AM

Singtel unit acquires Videology assets for about US$101m

SINGTEL on Tuesday said that its subsidiary Amobee, a digital marketing technology...
PUBLISHED Jul 18, 2018 05:50 AM

Keppel-KBS US Reit's Q2 DPU surpasses forecast

KEPPEL-KBS US Reit's second-quarter distribution per unit (DPU) crept up to 1.5 US...
PUBLISHED Jul 18, 2018 05:50 AM

Keppel DC Reit DPU up 4.6%; KIT DPU stable in Q2

KEPPEL DC Reit has posted a second-quarter distribution per unit (DPU) of 1.82 Singapore...
PUBLISHED Jul 18, 2018 05:50 AM

Corporate digest

CHINA Sky Chemical Fibre Co's chief executive Ling Yew Kong has resigned from his...
PUBLISHED Jul 18, 2018 05:50 AM
STOCKS

Weak export figures keep lid on STI gain

DISAPPOINTING exports growth kept a lid on the Singapore market on Tuesday, with the key...
PUBLISHED Jul 18, 2018 05:50 AM

Brokers' take

As at July 16's close of US$0.28, Hutchison Port Holdings Trust (HPHT) has dived 30...
PUBLISHED Jul 18, 2018 05:50 AM
CURRENCIES

Dollar holds steady below a one-year high

THE dollar held steady below a one-year high on Tuesday as investors grew wary about the...
PUBLISHED Jul 18, 2018 05:50 AM

REAL ESTATE

CDL takes another green step forward

CITY Developments Limited (CDL), announced that it will have its carbon reduction targets...
PUBLISHED Jul 18, 2018 05:50 AM

'Amazon effect' turns warehouses into London's hottest properties

NEVER mind West End shopfronts and Mayfair offices. The big money in London real estate...
PUBLISHED Jul 18, 2018 05:50 AM

BANKING & FINANCE

Warnings on market complacency grow louder 

A GROWING chorus of observers is saying that financial markets are too sanguine about the...
PUBLISHED Jul 18, 2018 05:50 AM

UOB to support Singapore's launch of Razer Pay

UNITED Overseas Bank (UOB) will support the Singapore launch of Razer Pay (Razer Pay...
PUBLISHED Jul 18, 2018 05:50 AM

Frankfurt loses edge in Brexit race to snag bankers as Paris gains ground

FRANKFURT'S efforts to attract bankers escaping Brexit are in danger of losing...
PUBLISHED Jul 18, 2018 05:50 AM

ENERGY & COMMODITIES

World's biggest miners want more copper but nobody is selling

IT'S the mining world's biggest dilemma: everyone's hunting for copper...
PUBLISHED Jul 18, 2018 05:50 AM

Goldman expects oil market volatility as supply outages loom

INVESTMENT bank Goldman Sachs expects volatile oil prices in the short-term on the back...
PUBLISHED Jul 18, 2018 05:50 AM

Thyssenkrupp chairman steps down, piling turmoil on top ranks

THYSSENKRUPP chairman Ulrich Lehner has resigned, increasing turmoil at the top of the...
PUBLISHED Jul 18, 2018 05:50 AM

TECHNOLOGY

ZTE ban in US forces telecoms to rethink suppliers

THE US trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless...
PUBLISHED Jul 18, 2018 05:50 AM

Tencent-backed Pinduoduo Inc eyes US$1.6b in latest mega IPO

PINDUODUO Inc, the Chinese e-commerce operator backed by Tencent Holdings Ltd, plans to...
PUBLISHED Jul 18, 2018 05:50 AM

Robots will create as many jobs as they destroy: PwC

ROBOTS could destroy about seven million existing UK jobs but create at least that many...
PUBLISHED Jul 18, 2018 05:50 AM

CONSUMER

Amazon crashes on Prime Day, threatening US$3.4b haul

AMAZON.COM Inc kicked off its big Prime Day sales promotion with technical glitches on...
PUBLISHED Jul 18, 2018 05:50 AM

Netflix shares dive as subscriber growth misses mark

NETFLIX shares plunged on Monday after the leading streaming television service said that...
PUBLISHED Jul 18, 2018 05:50 AM

Alibaba's Ele.me seeking at least US$2 billion in funding

ELE.ME, the food delivery platform acquired by Alibaba Group Holding Ltd, is on the hunt...
PUBLISHED Jul 18, 2018 05:50 AM
COMMENTARY

Alibaba's US$2b food sale hints at indigestion

ALIBABA'S US$2 billion food sale may be a sign of indigestion. Just three months...
PUBLISHED Jul 18, 2018 05:50 AM

TRANSPORT

STRAIT TALK

What's keeping the shipping industry up at night

THE shipping industry has been through a lot in the past 10 years. So has the world...
PUBLISHED Jul 18, 2018 05:50 AM

Mahathir accepts people's rebuff of new national car idea

MALAYSIAN Prime Minister Mahathir Mohamad voiced his disappointment over the mostly...
PUBLISHED Jul 18, 2018 05:50 AM

Rolls-Royce unveils hybrid flying taxi at Farnborough

BRITISH engine maker Rolls-Royce revealed plans this week to develop a hybrid electric...
PUBLISHED Jul 18, 2018 05:50 AM

Tesla's latest CEO outburst raises doubts about leadership

ELON Musk has had a series of angry social media dust-ups with Wall Street analysts,...
PUBLISHED Jul 18, 2018 05:50 AM

Didi to spin off car services unit in deal worth of up to US$1.5b: sources

CHINESE ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car...
PUBLISHED Jul 18, 2018 05:50 AM

GOVERNMENT & ECONOMY

Temasek expands US footprint with wary eye on trade tensions

TEMASEK Holdings is developing an American accent.
PUBLISHED Jul 18, 2018 05:50 AM

'Several years' of strong jobs, low inflation still ahead: Powell

US Federal Reserve chairman Jerome Powell, discounting the risk that a trade war may...
PUBLISHED Jul 18, 2018 05:50 AM
LATEST US DATA

Industrial production up 0.6% in June

US industrial production increased in June, boosted by a sharp rebound in manufacturing...
PUBLISHED Jul 18, 2018 05:50 AM

Japan, EU sign free trade pact amid worries about Trump

JAPAN and the European Union signed a wide-ranging free trade deal on Tuesday that both...
PUBLISHED Jul 18, 2018 05:50 AM

BoE warns no-deal Brexit will have 'big economic consequences', leave bankers idle

BANK of England governor Mark Carney said on Tuesday that a no-deal Brexit would have...
PUBLISHED Jul 18, 2018 05:50 AM

LIFE & CULTURE

Still hopelessly devoted after 40 years

FOUR decades have passed since the Rydell High gang twisted, hand-jived and crooned their...
PUBLISHED Jul 18, 2018 05:50 AM

'Mercedes still fastest despite lost points'

FORMULA One champions Mercedes made mistakes in the last three back-to-back races but...
PUBLISHED Jul 18, 2018 05:50 AM

Ping-pong diplomacy unites two Koreas

TABLE tennis players from North and South Korea played together in an international...
PUBLISHED Jul 18, 2018 05:50 AM

EXECUTIVE MONEY

Bitcoin funds should be viewed with caution

CRYPTOCURRENCIES such as bitcoin are on their way to being the next big thing or...
PUBLISHED Jul 18, 2018 05:50 AM

Balanced funds, meant for the long haul, bypass fear or greed

THE balanced fund is the vintage bicycle of investing.
PUBLISHED Jul 18, 2018 05:50 AM

OPINION

EDITORIAL

In use of public resources, greater accountability and transparency is key

THE Auditor-General's Office (AGO) in Singapore released its latest annual report on...
PUBLISHED Jul 18, 2018 05:50 AM

Putting listed firms on the Fast Track

THE fact that we have a Fast Track programme for listed companies at all underscores SGX...
PUBLISHED Jul 18, 2018 05:50 AM
THE BOTTOM LINE

Time for Hong Kong's leader to act on pressing issues

WHEN Chinese President Xi Jinping came to Hong Kong a year ago to mark the 20th...
PUBLISHED Jul 18, 2018 05:50 AM

Trump claims he's avoiding new Cold War; everyone else accuses him of appeasing Putin

IT WAS not surprising that on the eve of the meeting between US President Donald Trump...
PUBLISHED Jul 18, 2018 05:50 AM
COMMENTARY

EU, China align with each other as tensions intensify with Trump

BEIJING hosted on Monday the 20th annual China-EU political and business summit. This...
PUBLISHED Jul 18, 2018 05:50 AM

Pitch invasion, penalties and payment fraud: the dark side of the World Cup

WHAT a World Cup it has been, and what an ending to close the tournament. Six goals, a...
PUBLISHED Jul 18, 2018 05:50 AM

BREAKING NEWS

Dec 13, 2018 12:29 AM

Madrid temporarily bans 'oldest, most polluting' vehicles

[MADRID] Madrid on Wednesday temporarily banned the oldest, most polluting vehicles from driving its streets, two weeks...
Dec 13, 2018 12:15 AM

Francis to say first Mass by a pope on Arabian peninsula in UAE

[VATICAN CITY] Pope Francis will say the first Mass by a pontiff on the Arabian peninsula in February and visit one of...
Dec 13, 2018 12:08 AM

EU, Japan clinch record trade accord in shadow of protectionism

[STRASBOURG] The European Parliament approved a draft free-trade agreement with Japan, removing the last political...
Dec 12, 2018 11:54 PM

Hitachi to buy ABB power-grid unit for 800b yen

[TOKYO] Hitachi Ltd is close to a deal to purchase ABB Ltd's power-grids business for as much as 800 billion yen (...
Dec 12, 2018 11:34 PM

BHP's US$320m copper mine sale called off, Chile Union says

[SANTIAGO] The sale of BHP Group Plc's smallest copper mine in Chile has been called off after the would-be buyer...
Dec 12, 2018 11:18 PM

Edition Limited calls off acquisition of Israeli cybersecurity firm

KRANJI farm operator Edition has called off a planned acquisition of 51 per cent in the enlarged share capital of...
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