Wednesday, Aug 08, 2018

TOP STORIES

BT EXCLUSIVE

GrabPay trains sight on govt efforts in e-payment collaboration

GRABPAY is watching with close interest how Singapore will soon roll out e-payments at...
PUBLISHED Aug 8, 2018 05:50 AM
MOBILE MODELS

EZ-Link, Mastercard, You Tech launch e-wallet

EZ-Link on Tuesday said it has taken a step into fintech with the launch of YouTrip, a...
PUBLISHED Aug 8, 2018 05:50 AM
MOBILE MODELS

ClassPass deploys war chest for Singapore market grab

THE rivalry among fitness class booking apps here has just kicked up a notch, with New...
PUBLISHED Aug 8, 2018 05:50 AM

UOB rolls out one-stop digital mortgage solution

THE race among Singapore banks to go digital and capture more of the home loan market is...
PUBLISHED Aug 8, 2018 05:50 AM

Higher summer bonuses push Japan real wages to 21-year high in June

JAPAN'S household spending slid in June but real wages rose at their fastest pace in...
PUBLISHED Aug 8, 2018 05:50 AM

Bookkeeping jobs slashed, more disruption on the way

JOB functions that are labour intensive and require little human judgment are at "...
PUBLISHED Aug 8, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

MAS must set right tone in CG committee set-up

IT IS perhaps fitting that, in a week that celebrates Singapore's nation-building,...
PUBLISHED Aug 8, 2018 05:50 AM

New StarHub CEO: Don't expect V-shape revenue recovery

A FALL in mobile service revenue continued to weigh on StarHub's bottom line in the...
PUBLISHED Aug 8, 2018 05:50 AM
STRATEGY SPOTLIGHT

Combating financial crime with forensic technologies

TECHNOLOGY is increasingly playing a role in detecting fraud cases in organisations and...
PUBLISHED Aug 8, 2018 05:50 AM

Absence of one-off gain hits F&N's Q3

HIGHER input costs and last year's exceptional gain of S$1.2 billion that resulted...
PUBLISHED Aug 8, 2018 05:50 AM

China Sunsine posts stronger Q2 earnings

HIGHER revenue helped specialty rubber chemicals producer China Sunsine Chemical Holdings...
PUBLISHED Aug 8, 2018 05:50 AM

ComfortDelGro acquires Australian bus operator for A$110m

COMFORTDELGRO Corporation announced on Tuesday that its wholly-owned subsidiary...
PUBLISHED Aug 8, 2018 05:50 AM

Corporate digest

ESR Reit will hold an extraordinary general meeting (EGM) on Aug 31 for ESR Reit...
PUBLISHED Aug 8, 2018 05:50 AM
STOCKS

Asian markets track Wall Street gains

ASIAN markets tracked overnight gains on Wall Street, recovering from a mixed session on...
PUBLISHED Aug 8, 2018 05:50 AM

Brokers' take

Despite trade tensions and the market in a risk off mode, the three local banks reported...
PUBLISHED Aug 8, 2018 05:50 AM
CURRENCIES

Dollar posts biggest drop in a week as rally fades

THE dollar tumbled a quarter of a per cent against a basket of its peers on Tuesday, its...
PUBLISHED Aug 8, 2018 05:50 AM

REAL ESTATE

SRX private resale data shows early impact from latest property curbs

THE latest property cooling measures have begun to hit the private resale market, going...
PUBLISHED Aug 8, 2018 05:50 AM

The Regalia up for en bloc sale at S$403m

THE Regalia, a freehold condo located at 2 River Valley Close, has been put up for public...
PUBLISHED Aug 8, 2018 05:50 AM

Keppel DC Reit gets new Sydney data centre

KEPPEL DC Reit (Real estate investment trust) will get a new data centre at Macquarie...
PUBLISHED Aug 8, 2018 05:50 AM

BANKING & FINANCE

Australia grants invasive new power to financial regulator

AUSTRALIA on Tuesday granted the corporate watchdog invasive new powers to position...
PUBLISHED Aug 8, 2018 05:50 AM

Commerzbank Q2 profit growth comes at a cost

COMMERZBANK AG's long search for scale is finally starting to pay off, but it's...
PUBLISHED Aug 8, 2018 05:50 AM

Standard Life outflows persist as investors flee markets

STANDARD Life Aberdeen plc is still hemorrhaging client cash.
PUBLISHED Aug 8, 2018 05:50 AM

ENERGY & COMMODITIES

Power prices soar as Americans fight heat wave

US West Coast power and natural gas prices for Tuesday soared as consumers cranked up...
PUBLISHED Aug 8, 2018 05:50 AM

Wheat rises on dry weather concerns, soya beans firm

CHICAGO wheat rose on Tuesday, trading close to a three-year high on concerns that...
PUBLISHED Aug 8, 2018 05:50 AM

Gold gains after drifting near US$1,200 as US dollar drops versus yuan

GOLD climbed nearly 1 per cent on Tuesday, having drifted near US$1,200 an ounce this...
PUBLISHED Aug 8, 2018 05:50 AM

TECHNOLOGY

Baidu's billionaire CEO declares he can beat Google again

THE billionaire founder of China's top internet search engine has declared he will...
PUBLISHED Aug 8, 2018 05:50 AM

Chinese tech 'wolf' Huawei stalks Apple and Samsung

REN Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a...
PUBLISHED Aug 8, 2018 05:50 AM

CONSUMER

Alibaba to merge its China food-delivery units to beat the competition

ALIBABA Group plans to merge its food-delivery units and raise funds for the combined...
PUBLISHED Aug 8, 2018 05:50 AM

Steinway attracts takeover interest from China conglomerate

STEINWAY Musical Instruments Inc, the legendary piano maker controlled by US hedge fund...
PUBLISHED Aug 8, 2018 05:50 AM

Pandora shares fall by a fifth after profit warning

SHARES in Danish jewellery maker Pandora, the world's largest by production volume,...
PUBLISHED Aug 8, 2018 05:50 AM

TRANSPORT

STRAIT TALK

It's slow engines with scrubbers for now

NO APOLOGIES for getting a bit technical this week. It is for a good reason.
PUBLISHED Aug 8, 2018 05:50 AM

Cathay Pacific's recovery hits rough patch on oil, trade war

IT'S TURNING out to be a bumpy road to recovery for Cathay Pacific Airways Ltd...
PUBLISHED Aug 8, 2018 05:50 AM

Harley seeks alliance for lightweight bikes to grow India business

HARLEY-DAVIDSON Inc is scouting for a partner with a manufacturing and distribution...
PUBLISHED Aug 8, 2018 05:50 AM

GOVERNMENT & ECONOMY

Foreign currency borrowing at new high in Asia

FOREIGN currency borrowing of Asian governments and corporations has soared to new...
PUBLISHED Aug 8, 2018 05:50 AM

Najib Razak to face new charges

MALAYSIA'S embattled former prime minister Najib Razak will be charged on Wednesday...
PUBLISHED Aug 8, 2018 05:50 AM

US seeks US$350m annual sanctions in Indonesia trade row

THE United States has asked the World Trade Organization (WTO) to let it impose sanctions...
PUBLISHED Aug 8, 2018 05:50 AM

LIFE & CULTURE

Restaurant world loses an icon

JOEL Robuchon, the world's most decorated chef, died on Aug 6 in Geneva at the age...
PUBLISHED Aug 8, 2018 05:50 AM

Singtel raises S$1.16m for special schools

SINGTEL'S annual charity golf event last Friday raised a total of S$1.16 million for...
PUBLISHED Aug 8, 2018 05:50 AM

Robert Redford, 81, retiring from acting

ROBERT Redford, the screen legend and Oscar winner, has announced that he is retiring...
PUBLISHED Aug 8, 2018 05:50 AM

OPINION

EDITORIAL

Corp governance code update a timely impetus to spur board renewal

THE recommended revisions to the Code of Corporate Governance and SGX (Singapore Exchange...
PUBLISHED Aug 8, 2018 05:50 AM

Towards a regional e-payment platform

AS Asean seeks to establish Southeast Asia as a regional trade bloc, connectivity and...
PUBLISHED Aug 8, 2018 05:50 AM
THE BOTTOM LINE

China claims a victory on Korean nuclear issue

AT a time when much of the world is concerned about how to implement the denuclearisation...
PUBLISHED Aug 8, 2018 05:50 AM

Years of dividends from a three-minute investment

THE idea was a brilliantly simple one - challenge PhD students to explain their theses in...
PUBLISHED Aug 8, 2018 05:50 AM
COMMENTARY

Apple's financial strategy is polished - but poorly copied

WITH Apple Inc now exceeding US$1 trillion in market capitalisation, it's tempting...
PUBLISHED Aug 8, 2018 05:50 AM
COMMENTARY

When dealing with big risk becomes a big opportunity

MORE than ever, large financial institutions are finding themselves at the forefront of...
PUBLISHED Aug 8, 2018 05:50 AM
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