Thursday, Aug 09, 2018

TOP STORIES

PRIME MINISTER'S NATIONAL DAY MESSAGE

We can reimagine Singapore with bold and creative planning: PM Lee

SINGAPORE needs a strong economy and sound government finances to help build the country...
PUBLISHED Aug 9, 2018 05:50 AM

Play it forward, in Weekend magazine

RENTING a place to live, or even doing the most mundane chores such as replenishing your...
PUBLISHED Aug 9, 2018 05:50 AM

Latest cooling measures to bite harder than earlier ones: CDL

THE group chief executive of City Developments Ltd (CDL), Sherman Kwek, says the impact...
PUBLISHED Aug 9, 2018 05:50 AM

CDL gunning for recurring Ebitda of S$900m in 10 years

PROPERTY and hotels group City Developments, which posted stronger second quarter and...
PUBLISHED Aug 9, 2018 05:50 AM
OPINION

The East Wind is blowing: SE Asian startups should target China

SINGAPORE startups have been trying hard to replicate the success seen in other parts of...
PUBLISHED Aug 9, 2018 05:50 AM

China's July exports accelerate as US prepares new tariffs

CHINA'S exports surged more than expected in July despite fresh US duties and its...
PUBLISHED Aug 9, 2018 05:50 AM

Autobahn Motors lights up for National Day

IT'S A red and white display this National Day for Autobahn Motors (ABM)...
PUBLISHED Aug 9, 2018 05:50 AM

Car COEs creep up while others dip

CERTIFICATE of entitlement (COE) prices ended mostly higher at the latest tender on...
PUBLISHED Aug 9, 2018 05:50 AM

COMPANIES & MARKETS

STOCKS

STI dips before National Day break

US-China trade tensions persisted as investors remained cautious in what was a mixed...
PUBLISHED Aug 9, 2018 05:50 AM

Brokers' take

Shipbuilding-related revenue grew 63 per cent quarter-on-quarter and 120 per cent year-on...
PUBLISHED Aug 9, 2018 05:50 AM
CURRENCIES

Pound falls to lowest in 9 months on no-deal fears

THE pound fell to the lowest level in more than nine months against the euro amid growing...
PUBLISHED Aug 9, 2018 05:50 AM

Singtel's Q1 earnings fall 6.6% on price wars in India, Indonesia

INTENSE price competition in India and Indonesia, a reduced economic interest in NetLink...
PUBLISHED Aug 9, 2018 05:50 AM

CapitaLand hits home run with capital recycling; posts 4.4% rise in Q2 earnings

HAVING achieved its annual capital recycling goal of S$3 billion half a year early,...
PUBLISHED Aug 9, 2018 05:50 AM

ST Engineering's Q2 profit up 10% despite revenue dip

ST Engineering's second-quarter net profit rose 10 per cent year on year to S$117.5...
PUBLISHED Aug 9, 2018 05:50 AM

SBS Transit Q2 profit up 52.9%

BUS and train operator SBS Transit on Wednesday posted a 52.9 per cent increase in second...
PUBLISHED Aug 9, 2018 05:50 AM

Startup Synagie debuts on Catalist at S$0.275 a share

HOMEGROWN e-commerce startup Synagie Corporation debuted trading on the Catalist board on...
PUBLISHED Aug 9, 2018 05:50 AM

Corporate digest

FINCANTIERI Oil & Gas announced that it will be extending the closing date for its...
PUBLISHED Aug 9, 2018 05:50 AM

REAL ESTATE

Singapore private home rents steady; boost expected from curbs, en-bloc sales

RENTS for condominiums and private apartments continued to stabilise last month while the...
PUBLISHED Aug 9, 2018 05:50 AM

Frasers Property's Q3 profit up by 8.6%, anchored by recurring income

RECURRING income from investment properties continued to anchor Frasers Property's...
PUBLISHED Aug 9, 2018 05:50 AM

Pop & Rest offers Londoners pods for much-needed nap

FACED with long, tiring commutes and rushing to keep up with the fast pace of modern city...
PUBLISHED Aug 9, 2018 05:50 AM

Manhattan's last affordable neighbourhood under siege

THERE is a way of life in Inwood, a sense of place, order and community that is more than...
PUBLISHED Aug 9, 2018 05:50 AM

BANKING & FINANCE

ABN cuts 250 corporate, institutional jobs to lift returns

STATE-controlled ABN Amro Group NV said it will cut 250 jobs in its underperforming...
PUBLISHED Aug 9, 2018 05:50 AM

Funds turn bullish on Indonesia bonds

INDONESIA has at times felt uncomfortably close to the centre of this year's...
PUBLISHED Aug 9, 2018 05:50 AM

Asia drives Prudential plc H1 results again

PRUDENTIAL plc has posted a 9 per cent rise in operating profit driven by its Asian...
PUBLISHED Aug 9, 2018 05:50 AM

TECHNOLOGY

Samsung plans 25t won spending on new tech

SAMSUNG Group will invest 25 trillion won (S$30 billion) in artificial intelligence (AI...
PUBLISHED Aug 9, 2018 05:50 AM

PSA International now majority shareholder of CrimsonLogic

PSA International has become the majority shareholder of CrimsonLogic through an...
PUBLISHED Aug 9, 2018 05:50 AM

Cybersecurity firm finds way to alter WhatsApp messages

A CYBERSECURITY company said it had discovered a flaw in WhatsApp, the Facebook-owned...
PUBLISHED Aug 9, 2018 05:50 AM

CONSUMER

Six million shoppers a year expected to throng India's first Ikea store

IN a milestone that's been more than a decade in the making, India's first Ikea...
PUBLISHED Aug 9, 2018 05:50 AM

Made in China since the Qing dynasty: Beijing shoemaker taps into the future

IN an ornately decorated building in central Beijing, cobbler Cai Wenke painstakingly...
PUBLISHED Aug 9, 2018 05:50 AM

TRANSPORT

Cathay Pacific slumps to surprise loss

MORE passengers, higher ticket prices and a cargo rebound couldn't save Cathay...
PUBLISHED Aug 9, 2018 05:50 AM

Shares jump following Musk's go-private tweet

CONTROVERSIAL Tesla chief executive Elon Musk on Tuesday said he was considering taking...
PUBLISHED Aug 9, 2018 05:50 AM
COMMENTARY

Tesla buyout would need to go short on leverage

ELON Musk has set up a new diversion for the electric-car maker he runs. On Tuesday he...
PUBLISHED Aug 9, 2018 05:50 AM

Ford to launch new basic SUV in bid to revive China business

FORD Motor said on Wednesday it will launch in China early next year a new "entry-...
PUBLISHED Aug 9, 2018 05:50 AM

GOVERNMENT & ECONOMY

Najib charged with 3 counts of money laundering

MALAYSIA'S former prime minister Najib Razak pleaded not guilty to money-laundering...
PUBLISHED Aug 9, 2018 05:50 AM

China targets Aug 23 to match extra US$16b US tariffs

CHINA confirmed it will impose 25 per cent tariffs on an additional US$16 billion worth...
PUBLISHED Aug 9, 2018 05:50 AM

Brexit draw bumps up pay in Ireland's financial sector

IRELAND'S allure as a post-Brexit base for global financial firms has driven wages...
PUBLISHED Aug 9, 2018 05:50 AM

IMF expects India to lead growth among major economies

INDIA will remain one of the world's fastest-growing major economies in coming years...
PUBLISHED Aug 9, 2018 05:50 AM

LIFE & CULTURE

Israeli prison to make way for Armageddon's relics

THE end is nigh at Armageddon - at least for an old Israeli prison near the ancient ruins...
PUBLISHED Aug 9, 2018 05:50 AM

OPINION

EDITORIAL

Singapore at 53: Aspiring to higher-order society ideals

EVERY now and then (and perhaps particularly when the country's National Day rolls...
PUBLISHED Aug 9, 2018 05:50 AM

Mobile technology the key to better-quality lives

WHILE most of us are aware that a rapidly rising population can be a global issue, do we...
PUBLISHED Aug 9, 2018 05:50 AM
THE BOTTOM LINE

Europe scores a trade coup

ALL has gone quiet on the trans-Atlantic trade front, with last month's agreement...
PUBLISHED Aug 9, 2018 05:50 AM

China's road can be Pakistan's route to rescue

IS THE Pakistani economy on the brink, moving towards a collapse? Should it go to the...
PUBLISHED Aug 9, 2018 05:50 AM
COMMENTARY

Setting the gears of smart manufacturing in motion

THE nations within the Asia-Pacific and Japan (APJ) have long been predicted to drive a...
PUBLISHED Aug 9, 2018 05:50 AM
COMMENTARY

Turning ships into speedboats - what startups can teach big business

THERE are many advantages to being a big business - the benefit of scale; resources to...
PUBLISHED Aug 9, 2018 05:50 AM
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