Saturday, Aug 11, 2018

TOP STORIES

SGD savings deposit growth flatlining as depositors seek options

SAVINGS deposits' growth is plateauing as alternative instruments lure consumers...
PUBLISHED Aug 11, 2018 05:50 AM

PayNow Corporate seen as 'game-changer' in Singapore's cashless drive

PAYNOW Corporate - the e-payment service for businesses which will be launched on Monday...
PUBLISHED Aug 11, 2018 05:50 AM

Businesses urge UK to abandon net migration target post-Brexit

THE UK should drop its net migration target after Brexit and introduce a system for...
PUBLISHED Aug 11, 2018 05:50 AM

Rich Asians give Deutsche Bank crazy growth potential

IN Deutsche Bank AG chief executive officer Christian Sewing's push to get back into...
PUBLISHED Aug 11, 2018 05:50 AM

Mandiri to lure wealthy Indonesians with ETFs, dollar products

PT Bank Mandiri plans to chase wealthy Indonesians with more dollar-denominated products...
PUBLISHED Aug 11, 2018 05:50 AM

Retail sales up in June, driven by motor vehicles

RETAIL sales in Singapore grew at a faster clip in June, driven mainly by a surge in...
PUBLISHED Aug 11, 2018 05:50 AM

Golden Gate Ventures launches US$10m blockchain fund

GOLDEN Gate Ventures (GGV), a Singapore-based venture capital firm that has invested in...
PUBLISHED Aug 11, 2018 05:50 AM
LATEST US DATA

Inflation pressures rise modestly in July; Fed on track to raise rates

US consumer prices rose in July, and the underlying trend continued to strengthen -...
PUBLISHED Aug 11, 2018 05:50 AM

Japan's economy rebounds in Q2 on brisk spending, but trade rifts cloud outlook

JAPAN'S economy grew more than expected in the second quarter, helped by strong...
PUBLISHED Aug 11, 2018 05:50 AM

Qualcomm wins Taiwan reprieve as global antitrust battle rages

QUALCOMM Inc, the smartphone chipmaker fighting regulatory actions and lawsuits...
PUBLISHED Aug 11, 2018 05:50 AM

Yuan decline helps China in US trade war, at a price

THE recent fall of the yuan has been a boon to Chinese exporters facing a trade war with...
PUBLISHED Aug 11, 2018 05:50 AM

COMPANIES & MARKETS

China projects boost Ho Bee Q2 net

HO Bee Land has posted net profit of S$71.5 million for the second quarter ended June 30...
PUBLISHED Aug 11, 2018 05:50 AM
HOT STOCKS

Yangzijiang gains 9% on week

SHARES in mainboard-listed Yangzijiang Shipbuilding have been on a tear this week,...
PUBLISHED Aug 11, 2018 05:50 AM

Hong Leong Finance's Q2 net profit up 41.7%

HONG Leong Finance posted a net profit of S$29.6 million for its second quarter, up 41.7...
PUBLISHED Aug 11, 2018 05:50 AM

Noble to hold special meeting to approve restructuring plan

NOBLE Group on Friday announced that a special general meeting (SGM) to approve the...
PUBLISHED Aug 11, 2018 05:50 AM

ComfortDelGro's Q2 net earnings dip 5.5% to S$75m

TRANSPORT giant ComfortDelGro Corp posted a 5.5 per cent dip in net earnings to S$75...
PUBLISHED Aug 11, 2018 05:50 AM

HRnetGroup Q2 profit jumps 78% to S$13m

MAINBOARD-LISTED recruitment firm HRnetGroup on Friday posted a second quarter net profit...
PUBLISHED Aug 11, 2018 05:50 AM

Corporate digest

ROXY-PACIFIC Holdings has, via RPPG (Revesby), entered into an agreement with BN Revesby...
PUBLISHED Aug 11, 2018 05:50 AM

NeraTel bags S$11.8m worth of new contracts

MAINBOARD-listed Nera Telecommunications Ltd (NeraTel) announced on Friday that it has...
PUBLISHED Aug 11, 2018 05:50 AM

Higher costs, losses from associates hit KSH's Q1 profit

HIGHER expenses and deeper losses in its share of results from associates dented results...
PUBLISHED Aug 11, 2018 05:50 AM

Two more Chinese drug developers seeking to list in HK: sources

TWO more Chinese drug developers are seeking initial public offerings in Hong Kong,...
PUBLISHED Aug 11, 2018 05:50 AM

Billionaire Mike Ashley buys House of Fraser for £90m

UK billionaire Mike Ashley swooped in to rescue the House of Fraser Ltd department store...
PUBLISHED Aug 11, 2018 05:50 AM
STOCKS

STI loses 1.3% as US-China trade tensions heat up

EQUITY markets in Asia continued to trade mixed as US-China trade frictions and lower oil...
PUBLISHED Aug 11, 2018 05:50 AM

Brokers' take

PERATING revenue dipped 0.5 per cent year-on-year (YOY) to S$4.1 billion, but was up two...
PUBLISHED Aug 11, 2018 05:50 AM

REAL ESTATE

WeWork revenue, and losses, surge in first release of results

WEWORK, the fast-growing coworking company gobbling up commercial office leases, said on...
PUBLISHED Aug 11, 2018 05:50 AM

Reits

Highest-yielding real estate investment trusts
PUBLISHED Aug 11, 2018 05:50 AM

Tender for exec condo site at Anchorvale Crescent launched

THE tender for an executive condominium (EC) site along Anchorvale Crescent in Sengkang...
PUBLISHED Aug 11, 2018 05:50 AM

Flexible spaces are the future of corporate real estate

WE have heard a lot about flexible workspace - in particular coworking - and its rapid...
PUBLISHED Aug 11, 2018 05:50 AM

CONSUMER

THE BROAD VIEW

Move over millennials, it's Gen Z's turn to kill off industries

MILLENNIALS have been accused of killing so many products and industries - taxis,...
PUBLISHED Aug 11, 2018 05:50 AM

LIFE & CULTURE

THE FINISH LINE

The two hot favourites to be crowned EPL champions

WE ARE not even four weeks removed from the World Cup final in Russia and already it...
PUBLISHED Aug 11, 2018 05:50 AM

No artists outshine others in this egalitarian collection

COLLECTOR commitment levels vary widely: There is the casual art purchaser; the informed...
PUBLISHED Aug 11, 2018 05:50 AM

How your personality traits affect your pay

WHAT makes really smart people tick? Why do some end up earning so much more than others...
PUBLISHED Aug 11, 2018 05:50 AM
CUBICLE FILES

Network like your job depends on it

IT'S nothing new in the workplace. We have all heard of how the son of the boss...
PUBLISHED Aug 11, 2018 05:50 AM
HEALTH

The main causes of heart failure

HEART failure is a condition where the heart is no longer able to pump effectively to...
PUBLISHED Aug 11, 2018 05:50 AM

THE RAFFLES CONVERSATION

Crusader for fintech rules

STANDARD Chartered chairman Jose Vinals will have you know that he succumbs to temptation...
PUBLISHED Aug 11, 2018 05:50 AM

INVESTING & WEALTH

Trade tension has been a catalyst for nervousness in regional equity markets

US-CHINA trade tensions have dominated news flow and market sentiment for the better half...
PUBLISHED Aug 11, 2018 05:50 AM
VALUE INSIGHT

A closer look at the US-China trade war

IT SEEMS that the US is winning in its trade war. Since tensions started boiling over...
PUBLISHED Aug 11, 2018 05:50 AM
THE FOOL’S EYE VIEW

Shopping for dividends

I REMEMBER a time when grocery shopping was a burden. Some people might say that it still...
PUBLISHED Aug 11, 2018 05:50 AM
CFA SINGAPORE INSIGHTS

A supply chain of tools - making the right investment moves with logistics service providers

LOGISTICS form the backbone of the today's supply-chain ecosystem, ensuring that...
PUBLISHED Aug 11, 2018 05:50 AM

OPINION

THE BROAD VIEW

Tackling the problem of overtourism

THE summer holidays are in full swing - and protests against over tourism have begun (yet...
PUBLISHED Aug 11, 2018 05:50 AM
THE BROAD VIEW

The private musings and short fuse of Elon Musk

SHORTSELLERS have a way of rattling even the most confident business leaders. A classic...
PUBLISHED Aug 11, 2018 05:50 AM

BREAKING NEWS

Dec 19, 2018 07:00 AM

IMF board approves new Ukraine loan package, releases US$1.4b immediately

[WASHINGTON] The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for...
Dec 19, 2018 06:55 AM

Government shutdown threat remains as US Democrats reject Trump bid

[WASHINGTON] Prospects of a partial US government shutdown surged on Tuesday after Democrats rejected what they said...
Dec 19, 2018 06:52 AM

Migration row forces Belgian premier's resignation

[BRUSSELS] Nationalist anger over migration brought down the Belgian government on Tuesday, forcing Prime Minister...
Dec 19, 2018 06:49 AM

Greek lawmakers adopt first post-crisis budget

[ATHENS] Greek lawmakers on Tuesday adopted the first budget free of foreign assistance in almost 10 years, predicting...
Dec 19, 2018 06:48 AM

US offers US$4.5b investment in Central America, Mexico

[WASHINGTON] The United States, hoping to stem migration, said Tuesday it was ready to support US$4.5 billion in...
Dec 19, 2018 06:42 AM

Australian bank regulator to remove cap on interest-only mortgages

[SYDNEY] Australia's banking regulator said on Wednesday it was removing a cap on interest-only loans for...
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