Tuesday, Aug 21, 2018

TOP STORIES

BT EXCLUSIVE

Africa's a growth market, but it's a long-term play

INVESTING in Africa is a long-term play, various experts have cautioned, even as one...
PUBLISHED Aug 21, 2018 05:50 AM
NATIONAL DAY RALLY

HDB value proposition improves as market awaits scheme details

FRESH measures to spruce up and to redevelop ageing HDB flats aren't expected to...
PUBLISHED Aug 21, 2018 05:50 AM
NATIONAL DAY RALLY

Lease buyback now open to all HDB flats; liquidity boost for older resale flats

ELDERLY owners in all Housing Board flats - including those in five-room units or...
PUBLISHED Aug 21, 2018 05:50 AM

Healthier Greece exits bailouts after years of biting austerity measures

AFTER years of stinging austerity measures, Greece emerged on Monday from its third and...
PUBLISHED Aug 21, 2018 05:50 AM
MAHATHIR IN CHINA

China will sympathise with Malaysia's fiscal problems: Mahathir

MALAYSIAN Prime Minister Mahathir Mohamad said on Monday that he believed China would...
PUBLISHED Aug 21, 2018 05:50 AM
COMMENTARY

Malaysia's China reset imagines Byte and Road

MAHATHIR Mohamad may have a compromise for China: the Byte and Road. His first visit to...
PUBLISHED Aug 21, 2018 05:50 AM
COMMENTARY

Doors slam shut for China deals around the world

DOORS are slamming shut in the developed world not just to Chinese investment in...
PUBLISHED Aug 21, 2018 05:50 AM

Credit Suisse sees Asia wealth race shift from offshore hubs

AFTER years of racing to accumulate assets in the key offshore centres of Singapore and...
PUBLISHED Aug 21, 2018 05:50 AM
OPINION

Will Singapore stay ahead of the IP game?

THE votes have been cast and Singapore has been identified as having the world's...
PUBLISHED Aug 21, 2018 05:50 AM

COMPANIES & MARKETS

SGX firms' Aug buybacks exceed S$100m

COMPANIES listed on the Singapore Exchange (SGX) have continued their momentum in share...
PUBLISHED Aug 21, 2018 05:50 AM

Noble's founder won't be executive director in restructured firm

NOBLE Group's founder will not take up the post of executive director post-...
PUBLISHED Aug 21, 2018 05:50 AM

Siemens, ST Engg Electronics consortium bags S$18.8m LTA contract

AN S$18.8 million contract for a software system that will integrate asset information...
PUBLISHED Aug 21, 2018 05:50 AM

Singapore-based startup AirTrunk raises A$850m to expand data centres

GOLDMAN Sachs-backed AirTrunk has raised A$850 million (S$851.7 million) to fund the...
PUBLISHED Aug 21, 2018 05:50 AM

Tesla slashes spending, but this may add to its woes

AS QUESTIONS swirl about whether Tesla will go private - and the well-being of its chief...
PUBLISHED Aug 21, 2018 05:50 AM

One-off retirement payouts eat into Ellipsiz FY2018 results

THE trade spat between Washington and Beijing has left electronics company Ellipsiz...
PUBLISHED Aug 21, 2018 05:50 AM

Sembcorp's India power arm wins 250MW tender

SEMBCORP Industries' India power arm, tipped by the market as a potential initial...
PUBLISHED Aug 21, 2018 05:50 AM

UOB marks groundbreaking of new Thailand HQ

UNITED Overseas Bank (UOB) held a groundbreaking ceremony last Thursday for its new...
PUBLISHED Aug 21, 2018 05:50 AM

Corporate digest

PAULINE Gately has been redesignated executive chairman at Catalist-listed Alliance...
PUBLISHED Aug 21, 2018 05:50 AM
STOCKS

STI dips slightly ahead of US-China talks

SINGAPORE stocks reversed course to end slightly lower on Monday despite opening higher...
PUBLISHED Aug 21, 2018 05:50 AM

Brokers' take

Sheng Siong is our top pick in the Singapore consumer sector. We reiterate our "buy...
PUBLISHED Aug 21, 2018 05:50 AM
CURRENCIES

Euro drops ahead of planned US-China trade talks

THE euro slipped on Monday as the US dollar gained before trade talks between the United...
PUBLISHED Aug 21, 2018 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Aug 21, 2018 05:50 AM

REAL ESTATE

OrangeTee & Tie unveils app for agents to manage multiple property listings

ORANGETEE & Tie has joined forces with players such as 99.co, Carousell and UOB to...
PUBLISHED Aug 21, 2018 05:50 AM

Cheng Hoe House in Kovan up for collective sale

CHENG Hoe House, a group of eight freehold townhouses, was on Monday launched for...
PUBLISHED Aug 21, 2018 05:50 AM
COMMENTARY

Reverse mortgages make sense to help China's retirees

THE China Banking and Insurance Regulatory Commission wants to help the elderly enjoy...
PUBLISHED Aug 21, 2018 05:50 AM

Boon Tat Street conservation shophouse put up for sale

A 999-YEAR leasehold conservation shophouse with attic at 21 Boon Tat Street has been put...
PUBLISHED Aug 21, 2018 05:50 AM

BANKING & FINANCE

China said to start fresh round of checks on P2P lenders

CHINA has started a new round of checks on thousands of peer-to-peer (P2P) lending sites...
PUBLISHED Aug 21, 2018 05:50 AM

China rating firm banned from assessing bonds for a year

DAGONG Global Credit Rating Co issued an apology after it was banned by Chinese...
PUBLISHED Aug 21, 2018 05:50 AM

Turkey's attempt to stem lira rout may come back to haunt it

WHILE Turkish authorities may have stopped the lira from haemorrhaging, their measures...
PUBLISHED Aug 21, 2018 05:50 AM

Investors hold on to German debt as questions about Turkey linger

GERMAN government bond yields hovered near one-month lows on Monday as investors held on...
PUBLISHED Aug 21, 2018 05:50 AM

TECHNOLOGY

Chinese police nab suspects after US$87m cryptocurrency theft

CHINESE police have arrested three suspects alleged to have stolen assets worth 600...
PUBLISHED Aug 21, 2018 05:50 AM

Apple wipes thousands of gambling apps after China media attacks

APPLE Inc has pulled thousands of gambling apps from its Chinese store after the nation...
PUBLISHED Aug 21, 2018 05:50 AM

CONSUMER

Australian 'bag rage' slows sales at Woolworths

AUSTRALIA'S biggest grocer Woolworths Group flagged on Monday it had rapidly lost...
PUBLISHED Aug 21, 2018 05:50 AM

America's top brands sweat next step in Trump's trade war with China

AMERICA'S corporate bosses could be excused if they don't agree with US...
PUBLISHED Aug 21, 2018 05:50 AM

TRANSPORT

HK bears go short on Chinese auto-makers

SEVERAL Chinese automakers are among the worst performers in Hong Kong's equity...
PUBLISHED Aug 21, 2018 05:50 AM

Japan and Russia plan freight route via Trans-Siberian Railway

JAPAN And Russia plan to officially develop a freight transport route between the two...
PUBLISHED Aug 21, 2018 05:50 AM

VW chief 'told about emissions software months before scandal'

VOLKSWAGEN chief executive Herbert Diess was told about the existence of cheating...
PUBLISHED Aug 21, 2018 05:50 AM

GOVERNMENT & ECONOMY

US firms warn next China tariffs to cost Americans from cradle to grave

A BROAD cross-section of US businesses has a message for the Trump administration: new...
PUBLISHED Aug 21, 2018 05:50 AM

Speed up efforts to save nuclear deal, Iran urges EU

IRAN on Monday urged Europe to speed up efforts to salvage a 2015 nuclear deal between...
PUBLISHED Aug 21, 2018 05:50 AM

LIFE & CULTURE

Enticed by Game of Thrones, throngs threaten a magical Croatian city

WINTER is coming. But Katja Seref feels neither dread nor fear when she hears those words...
PUBLISHED Aug 21, 2018 05:50 AM

50 schools to keep a grand piano each from Sing50 fund

FIFTY schools will get to keep 50 grand pianos that were previously on long-term loan...
PUBLISHED Aug 21, 2018 05:50 AM

Netball charity game raises S$15,000 for 2nd AWWA school

A TOTAL of S$15,000 was raised at a netball event last Saturday to help fund the...
PUBLISHED Aug 21, 2018 05:50 AM

SME

Weaving in a winning philosophy

AN IMPECCABLE suit for a special occasion? Check (thanks to Benjamin Barker menswear). A...
PUBLISHED Aug 21, 2018 05:50 AM

Lifting productivity in Singapore's retail, F&B

IN RECENT years, there has been increased recognition among policymakers for the need to...
PUBLISHED Aug 21, 2018 05:50 AM

OPINION

EDITORIAL

To quell uncertainty, explain public housing policies clearly and promptly

IN the space of 30 minutes during the National Day Rally on Sunday night, Prime Minister...
PUBLISHED Aug 21, 2018 05:50 AM

Prepare for the future, nurture a maker culture

ROBOTICS. Artificial intelligence. The Internet of Things. 3D printing. The Fourth...
PUBLISHED Aug 21, 2018 05:50 AM
THE BOTTOM LINE

Will Turkey turmoil turn into contagion?

THE pertinent and unanswerable question about Turkey is whether the country's...
PUBLISHED Aug 21, 2018 05:50 AM

Labour standards shouldn't be supply chains' weakest link

AS a company owner, the reputational and financial risk from your supply chain will...
PUBLISHED Aug 21, 2018 05:50 AM

Can China's BRI be a blueprint for long-term economic benefit?

IT'S not uncommon for commentators to liken large-scale economic development...
PUBLISHED Aug 21, 2018 05:50 AM

Can China and Trump find exit from trade war?

CHINESE and US negotiators are reported to be meeting this Wednesday and Thursday in the...
PUBLISHED Aug 21, 2018 05:50 AM

BREAKING NEWS

Dec 15, 2018 02:19 PM

China jails boss of 100b yuan pyramid scheme for inciting protests

[BEIJING] A Chinese court has jailed for 17 years a businessman who ran a 100 billion yuan (S$19.9 billion) pyramid...
Dec 15, 2018 01:40 PM

Oceans of garbage prompt war on plastics

[PARIS] Faced with images of turtles smothered by plastic bags, beaches carpeted with garbage and islands of trash...
Dec 15, 2018 01:19 PM

Andrew Frierson, pioneering black opera singer, dies at 94

[NEW YORK] Andrew Frierson, whose bass-baritone reverberated from the stages of theaters and music halls around the...
Dec 15, 2018 12:04 PM

China to halt added tariffs on US-made cars in easing of trade tensions

[BEIJING] China will temporarily suspend additional 25 per cent tariffs on US-made vehicles and auto parts starting Jan...
Dec 15, 2018 11:52 AM

China’s home-price growth eases amid lacklustre buyer demand

[SHANGHAI] China's home-price gains slowed in November in a further sign the nation's property market is...
Dec 15, 2018 11:20 AM

Obamacare thrown out by judge, raising insurance uncertainty

[DALLAS] Obamacare was struck down by a Texas federal judge in a ruling that casts uncertainty on insurance coverage...
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