Thursday, Aug 16, 2018

TOP STORIES

Rush to beat cooling measures sends developers' sales to 16-month high

THE knee-jerk reaction by some buyers who raced to snap up private residential properties...
PUBLISHED Aug 16, 2018 05:50 AM

Ultimate experiences, in Weekend magazine

DRIVING off-road on the dunes of Namibia; motorbike racing in Hungary and having...
PUBLISHED Aug 16, 2018 05:50 AM
BT EXCLUSIVE

Forget HKEx; SGX carves out its own winning niche

UNLIKE Hong Kong Exchanges and Clearing (HKEx), Singapore Exchange (SGX) does not have...
PUBLISHED Aug 16, 2018 05:50 AM

Rising cost of business hurting margins, but SMEs look to new growth markets, innovation

THE rising cost of business may be outpacing revenue and suppressing profit margins, but...
PUBLISHED Aug 16, 2018 05:50 AM

Indonesia fights Turkey fallout with surprise benchmark rate hike

INDONESIA'S central bank raised its benchmark interest rate a fourth time since May...
PUBLISHED Aug 16, 2018 05:50 AM

ION Orchard invites you to reflect on your special times

IN A fast-paced city like Singapore, ION Orchard is encouraging shoppers to take a moment...
PUBLISHED Aug 16, 2018 05:50 AM

Banks' credit growth under pressure from trade spats and cooling measures

SINGAPORE'S banking sector will face greater headwinds over the coming quarters from...
PUBLISHED Aug 16, 2018 05:50 AM
STARTUPS

Singapore's SafePro picked to provide virtual bodyguards for the super rich

A WIFE of a wealthy Singapore businessman was shopping in a popular tourist district in...
PUBLISHED Aug 16, 2018 05:50 AM
OPINION

Open Banking APIs in Asia need a set of common standards

THE rise of open banking and open application program interfaces (APIs) have profound...
PUBLISHED Aug 16, 2018 05:50 AM
STARTUPS

Ryde's on-demand courier service is 'no go' for LTA

RYDESEND, the new peer-to-peer, on-demand courier service proposed by homegrown startup...
PUBLISHED Aug 16, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Time is running short for Triyards

EMAS Offshore (EOL) and Triyards are both subsidiaries of erstwhile stock market darling...
PUBLISHED Aug 16, 2018 05:50 AM

ThaiBev to ramp up Vietnam operations

AFTER posting disappointing Q3 results on Tuesday, Thai Beverage (ThaiBev) said on...
PUBLISHED Aug 16, 2018 05:50 AM
STOCKS

STI slips as Turkish crisis persists

THE Singapore market continued to slip downwards on Wednesday as the Turkish crisis...
PUBLISHED Aug 16, 2018 05:50 AM

Broker's Take

We continue to expect strong earnings compound annual growth rate of 25 per cent for...
PUBLISHED Aug 16, 2018 05:50 AM
CURRENCIES

S Africa's rand slumps, hit by Moody's comments

SOUTH Africa's rand slumped on Wednesday as ratings agency Moody's warned that...
PUBLISHED Aug 16, 2018 05:50 AM

Allied's price plunge due to business rejig, says director

ALLIED Technologies is in the midst of transforming itself from a metal stamping business...
PUBLISHED Aug 16, 2018 05:50 AM
HOT STOCK

China Sunsine rebounds after saying it is business as usual

CHINA Sunsine Chemical Holdings shares gained 5.2 per cent on Wednesday after it moved to...
PUBLISHED Aug 16, 2018 05:50 AM

Ayondo reallocates IPO proceeds as Q2 losses double

CATALIST-LISTED Ayondo, which runs a social trading platform, has posted a second-quarter...
PUBLISHED Aug 16, 2018 05:50 AM

Bitmain said to be planning US$3b IPO

BITMAIN Technologies Ltd, the world's biggest producer of cryptocurrency mining...
PUBLISHED Aug 16, 2018 05:50 AM

Corporate digest

SHAREHOLDERS of India's Fortis Healthcare have approved a subscription of shares by...
PUBLISHED Aug 16, 2018 05:50 AM

REAL ESTATE

NZ passes law to ban foreign homebuyers

NEW ZEALAND'S parliament passed a law on Wednesday to ban many non-resident...
PUBLISHED Aug 16, 2018 05:50 AM

Seattle erupts over plan to tear down theatre for tower block

PEARL JAM, Soundgarden and Macklemore played there, as did the greats of an earlier era,...
PUBLISHED Aug 16, 2018 05:50 AM

No stopping China property market as small cities set record

THERE'S no stopping China's property market...
PUBLISHED Aug 16, 2018 05:50 AM

BANKING & FINANCE

US dollar hits 13-month high as Turkey crisis rumbles on

THE US dollar rose on Wednesday to its highest levels in over a year as a crisis in the...
PUBLISHED Aug 16, 2018 05:50 AM

Temasek completes sell-down of US banks to focus on fintech

TEMASEK Holdings completed its total sell down of US-listed banks in the second quarter,...
PUBLISHED Aug 16, 2018 05:50 AM

Inquiry hears of Commonwealth Bank charging fees to the dead

COMMONWEALTH Bank of Australia (CBA) charged some estates of dead people for...
PUBLISHED Aug 16, 2018 05:50 AM

HK targets fugitive Chinese tycoon accused of laundering billions

HONG Kong police have frozen the bank accounts of runaway Chinese tycoon Guo Wengui as...
PUBLISHED Aug 16, 2018 05:50 AM

ENERGY & COMMODITIES

Twilight of South African gold mining fuels job crisis

ABOUT 100 miners dressed in high-visibility workwear, balaclavas, gloves and boots line...
PUBLISHED Aug 16, 2018 05:50 AM

Kenyan farmers toast EU demand for avocados

IT MAY be loved and derided as the go-to millennial brunch, but avocado toast is proving...
PUBLISHED Aug 16, 2018 05:50 AM

TECHNOLOGY

Tech and healthcare jobs currently highest paid in US

FOR the fourth consecutive year, the technology sector boasted the highest-paying jobs in...
PUBLISHED Aug 16, 2018 05:50 AM

Researchers find new security flaw in Intel chips

RESEARCHERS have discovered a new security flaw that could let hackers pry information...
PUBLISHED Aug 16, 2018 05:50 AM

Verizon is said to be close to Apple, Google deals for 5G TV

VERIZON Communications Inc is close to deals making Apple Inc and Google its first video...
PUBLISHED Aug 16, 2018 05:50 AM

Tencent traders prepare for wildest earnings reaction since 2015

THURSDAY is set to be a big day for Tencent Holdings Ltd investors, one way or the other.
PUBLISHED Aug 16, 2018 05:50 AM

Smartphone suppliers slide after Asia peers' earnings disappoint

SMARTPHONE suppliers were among the worst-performing semiconductor stocks on Tuesday...
PUBLISHED Aug 16, 2018 05:50 AM

CONSUMER

Long-acting injection a shot in the arm for GSK's HIV business

A LONG-ACTING injection developed by GlaxoSmithKline (GSK) and given once a month has...
PUBLISHED Aug 16, 2018 05:50 AM
COMMENTARY

Yum China seals sale deal - with wrong buyer

THE party at China's oldest Western food chain is missing a key guest...
PUBLISHED Aug 16, 2018 05:50 AM

Five ways to splash your cash in Singapore like a Crazy Rich Asian

SINGAPORE is the setting for new Hollywood movie Crazy Rich Asians - an adaptation of a...
PUBLISHED Aug 16, 2018 05:50 AM

Home shopping networks refine their pitch

THE Home Shopping Network is getting an image makeover.
PUBLISHED Aug 16, 2018 05:50 AM

TRANSPORT

Tesla directors do damage control after CEO's tweets

MEMBERS of Tesla's board are scrambling to control a chief executive who some...
PUBLISHED Aug 16, 2018 05:50 AM

Investing in vintage warbirds: savvy deal or just plane crazy?

COLLECTIBLES markets are driven by passion, not rational thought. But the aircraft-...
PUBLISHED Aug 16, 2018 05:50 AM

GOVERNMENT & ECONOMY

LATEST US DATA

Cars, clothing purchases help July retail sales beat expectations

US RETAIL sales rose more than expected in July as households boosted purchases of motor...
PUBLISHED Aug 16, 2018 05:50 AM

UK inflation rises for first time in 2018

BRITAIN'S inflation rate rose in July for the first time in 2018, keeping the...
PUBLISHED Aug 16, 2018 05:50 AM

Turkey slaps retaliatory tariff hikes on key US products

TURKEY on Wednesday hiked tariffs on imports of several key US products in retaliation...
PUBLISHED Aug 16, 2018 05:50 AM

Can Britain alone stop Brexit? Scottish court hears appeal

PRO-EU campaigners seeking to establish legally that Britain alone could stop the Brexit...
PUBLISHED Aug 16, 2018 05:50 AM

LIFE & CULTURE

COMPANY OF GOOD

NTUC's commitment to the community

NTUC has always shown a commitment to helping the underprivileged in society, and this is...
PUBLISHED Aug 16, 2018 05:50 AM

India's gender-row sprinter Dutee Chand gets Asian Games chance

FOUR years after she was forced out of the Asian Games in a row over her gender, Indian...
PUBLISHED Aug 16, 2018 05:50 AM

OPINION

What if China had never joined the WTO?

IN JANUARY this year, Robert Lighthizer, the US Trade Representative, put out a report...
PUBLISHED Aug 16, 2018 05:50 AM
THE BOTTOM LINE

European Union's fines against Google cross the line

THE European Union's regulatory bodies seem to be particularly hostile to Google. In...
PUBLISHED Aug 16, 2018 05:50 AM
EDITORIAL

Smart bank branches must first and foremost be people-centric

THE traditional bank branch as we know it, with most of the floor space devoted to...
PUBLISHED Aug 16, 2018 05:50 AM

Countering China's rising influence

EARLIER this month, at the US-ASEAN Ministerial Meeting in Singapore, US Secretary of...
PUBLISHED Aug 16, 2018 05:50 AM

Truth, trust, transparency: The case of WWF's 'Ivory Lane'

TRUTH, trust, and transparency. These are ideal values in governance and communications,...
PUBLISHED Aug 16, 2018 05:50 AM

Cryptocurrencies are not sustainable for money transfers

THINK back to the last time you had to make an overseas money transfer - did you end up...
PUBLISHED Aug 16, 2018 05:50 AM

BREAKING NEWS

Sep 22, 2018 02:32 PM

Iran will defeat Trump just like it did Saddam, won't abandon missiles: Rouhani

[DUBAI] US President Donald Trump will fail in his confrontation with Iran, just like Iraq's Saddam Hussein,...
Sep 22, 2018 02:17 PM

Hong Kong property developers sell low on rate hike, more supply

[HONG KONG] Property developers are cutting prices in Hong Kong to lure buyers amid the increasing downside risks in...
Sep 22, 2018 02:04 PM

ECB heads for peak liquidity as Euro-area stimulus tools top out

[FRANKFURT] The euro zone's era of massive excess liquidity, courtesy of the European Central Bank, is about to...
Sep 22, 2018 12:48 PM

Trade war spurs soy merry-go-round as China turns to Argentina

[CHICAGO] President Donald Trump's trade war with China is turning the global soybean market into a merry-go-round...
Sep 22, 2018 12:20 PM

China cancels trade talks with US as tariff threats escalate: WSJ

[SHANGHAI] China has cancelled upcoming trade talks with the United States and will not send vice-premier Liu He to...
Sep 22, 2018 11:44 AM

Comcast and Fox take US$34b battle for Britain's Sky to the wire

[LONDON] Comcast and Twenty-First Century Fox face a quick-fire auction for British broadcaster Sky on Saturday after...
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