Wednesday, Sep 05, 2018

TOP STORIES

Measured bid counts in latest Government Land Sales tenders for private housing

BIDDING turnouts at two of three state tenders that closed on Tuesday were noticeably...
PUBLISHED Sep 5, 2018 05:50 AM

Singapore a hub to value, monetise intangible assets: Indranee

AS a financial hub, Singapore is well placed to work with international and local...
PUBLISHED Sep 5, 2018 05:50 AM

Singapore leads Asian outbound investments in 1H 2018: CBRE

SINGAPORE investors led the region in outbound investment activity for the first half of...
PUBLISHED Sep 5, 2018 05:50 AM

NUS pumps S$25m into co-creating 250 startups

THE National University of Singapore (NUS) will be setting aside S$25 million to co-...
PUBLISHED Sep 5, 2018 05:50 AM

'Factually and legally wrong' that HDB flat buyers are not owners

IT IS "factually and legally wrong" to claim that HDB flat buyers do not own...
PUBLISHED Sep 5, 2018 05:50 AM
PUBLISHED Sep 5, 2018 05:50 AM

Airport, businesses closed as typhoon hits Kansai area

TYPHOON Jebi swept through western Japan on Tuesday as the strongest tropical cyclone to...
PUBLISHED Sep 5, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

To revive their fortunes, precision engineering firms need to diversify

A HANDFUL of Singapore-listed precision engineering companies have been stuck in a rut...
PUBLISHED Sep 5, 2018 05:50 AM

Vicom to buy Bukit Batok warehouse from Mapletree Logistics Trust for S$22.4m

VEHICLE inspection firm Vicom has agreed to buy a six-storey warehouse from Mapletree...
PUBLISHED Sep 5, 2018 05:50 AM

Nam Cheong confident it can avoid another debt revamp

NAM Cheong is emerging from a debt revamp with negative equity on its books, but its...
PUBLISHED Sep 5, 2018 05:50 AM

OUE Lippo Healthcare served court documents by former exec director

OUE Lippo Healthcare has been served with court documents by its former executive...
PUBLISHED Sep 5, 2018 05:50 AM

SMEs lauded for tech adoption at brand award contest

THIRTY Singapore companies bagged prizes at the 17th Singapore Prestige Brand Award, amid...
PUBLISHED Sep 5, 2018 05:50 AM
STRATEGY SPOTLIGHT

The digital future of procurement

TECHNOLOGY and digitalisation are dramatically changing customer experiences and...
PUBLISHED Sep 5, 2018 05:50 AM

Corporate digest

BOUSTEAD Projects has been awarded a contract under its wholly owned subsidiary Boustead...
PUBLISHED Sep 5, 2018 05:50 AM
STOCKS

Asian markets mixed in Tuesday's session

ASIAN markets closed mixed on Tuesday due to muted movement as US markets were closed on...
PUBLISHED Sep 5, 2018 05:50 AM

Brokers' take

We believe global developments such as further hikes in the US Federal funds rate (FFR)...
PUBLISHED Sep 5, 2018 05:50 AM
CURRENCIES

US dollar extends gains on trade war fears

THE DOLLAR extended gains on Tuesday as concerns about a possible escalation in trade...
PUBLISHED Sep 5, 2018 05:50 AM
EMERGING ENTERPRISE

Monetisation and AI are key areas of focus for Carousell

SINGAPORE's poster startup Carousell harbours big dreams of becoming the world'...
PUBLISHED Sep 5, 2018 05:50 AM

REAL ESTATE

Tengah HDB district to feature fruit trees, farmers' markets

AVID gardeners and agrarian lovers can head west in the near future to the first housing...
PUBLISHED Sep 5, 2018 05:50 AM

JLL, Lendlease pick 5 startups for proptech accelerator programme

REAL ESTATE firms JLL and Lendlease have announced the five startups selected for their...
PUBLISHED Sep 5, 2018 05:50 AM

Foreigners welcome in Forest City project: Johor chief minister

THE chief minister of the Malaysian state of Johor said on Tuesday foreigners are welcome...
PUBLISHED Sep 5, 2018 05:50 AM

BANKING & FINANCE

10 years on, crisis mode is new normal for central banks

The collapse of US investment giant Lehman Brothers 10 years ago forced central banks to...
PUBLISHED Sep 5, 2018 05:50 AM

ING to pay 775m euros to settle Dutch money laundering case

Dutch bank ING Groep NV will pay 775 million euros (S$1.23 billion) in a settlement with...
PUBLISHED Sep 5, 2018 05:50 AM

Turkey fallout hits S Korea as record money market funds pull out

TURKEY'S economic troubles are reverberating in a market for short-term investors...
PUBLISHED Sep 5, 2018 05:50 AM

ENERGY & COMMODITIES

Top solar producers in China ramp up capacity amid slump

THE top solar manufacturers in China are boosting production capacity, betting higher...
PUBLISHED Sep 5, 2018 05:50 AM

Shell invests in new tanks on Jurong Island

SHELL is investing in new storage capacity for output from its giant petrochemical...
PUBLISHED Sep 5, 2018 05:50 AM

Libya leads Opec oil output to 2018 high despite Iranian cuts

OPEC crude production rose in August to the highest level this year as a recovery in...
PUBLISHED Sep 5, 2018 05:50 AM

Alcoa braces for alumina strike vote in Western Australia

A VOTE by striking workers at Alcoa's giant Western Australia operations will close...
PUBLISHED Sep 5, 2018 05:50 AM

TECHNOLOGY

Amazon setting its sights on the US$88b online ad market

VERIZON does not sell its mobile phones or wireless plans over Amazon. Nor does it offer...
PUBLISHED Sep 5, 2018 05:50 AM

Europe's news agencies blast Google, Facebook for 'plundering' content

EUROPE'S biggest news agencies accused Google and Facebook of "plundering...
PUBLISHED Sep 5, 2018 05:50 AM

Online service giant Meituan aims to raise up to US$4.4b in IPO

CHINESE restaurant review and food delivery giant Meituan-Dianping said it aims to raise...
PUBLISHED Sep 5, 2018 05:50 AM

CONSUMER

Lab-made diamonds for less: jeweller De Beers' plan worries rivals

DE BEERS hasn't even opened its first synthetic diamond store, but its looming entry...
PUBLISHED Sep 5, 2018 05:50 AM

Dinosaurs and sports car help Lego build recovery

SALES of Lego dinosaurs and a Bugatti sports car have helped the Danish toymaker...
PUBLISHED Sep 5, 2018 05:50 AM

Australia mints its most valuable coin

AUSTRALIA has minted a gold coin encrusted with rare pink diamonds worth A$2.48 million (...
PUBLISHED Sep 5, 2018 05:50 AM

TRANSPORT

STRAIT TALK

To scrub or not to scrub? That's the question

IN JUST over a month, key players in the global bunker trade will be gathering in...
PUBLISHED Sep 5, 2018 05:50 AM

Singapore govt accepts all advisory panel recommendations for safer path sharing

THE Singapore government has accepted all the recommendations made by an expert panel for...
PUBLISHED Sep 5, 2018 05:50 AM

GOVERNMENT & ECONOMY

Global debt soars, along with fears of crisis ahead

TEN years after the worst financial panic since the 1930s, growing debt burdens in key...
PUBLISHED Sep 5, 2018 05:50 AM

ECB endgame has governments thinking about rate hike damage

EUROPEAN finance ministers and central bankers will gather in Vienna this week to discuss...
PUBLISHED Sep 5, 2018 05:50 AM

Australia holds key rate as sliding currency stimulates growth

AUSTRALIA kept interest rates at a record low on Tuesday, as it has for the past two...
PUBLISHED Sep 5, 2018 05:50 AM

LIFE & CULTURE

Beer-mad Belgium moves to save historic drinking dens

BELGIANS are famous for taking their beer seriously, but authorities are now moving to...
PUBLISHED Sep 5, 2018 05:50 AM

Millman 'a little guilty' after shocking Federer

JOHN Millman's joy was tinged with guilt after he stunned 20-time Grand Slam...
PUBLISHED Sep 5, 2018 05:50 AM

As his popularity drops, Putin pops up on TV show

RUSSIAN President Vladimir Putin can add a new skill to his resume: reality TV star. A...
PUBLISHED Sep 5, 2018 05:50 AM

Aretha Franklin's eulogy 'offensive, distasteful': family

MEMBERS of Aretha Franklin's family felt the eulogy for the Queen of Soul delivered...
PUBLISHED Sep 5, 2018 05:50 AM

EXECUTIVE MONEY

JPMorgan Asset goes defensive

US TAX cuts and a deteriorating trade backdrop risk speeding up the valuation cycle in...
PUBLISHED Sep 5, 2018 05:50 AM
COMMENTARY

It's time to change the narrative on active management

THE asset management industry has grown used to saying that past performance is not an...
PUBLISHED Sep 5, 2018 05:50 AM

What if the economy and markets are even better than they look?

YOU WON'T lose much money if you're prepared for the worst...
PUBLISHED Sep 5, 2018 05:50 AM

OPINION

Blockchain a business, banking revolution; just mind the middleware

BLOCKCHAIN is the buzzword of the moment. Despite some negative associations with certain...
PUBLISHED Sep 5, 2018 05:50 AM
THE BOTTOM LINE

Deng Xiaoping era ends with Xi Jinping firmly in control

THE era of Deng Xiaoping, who brought China the reform and opening-up policy in 1978, is...
PUBLISHED Sep 5, 2018 05:50 AM
EDITORIAL

Trump's absence from Asian summits sends mixed signals to America's allies

IT was just a little under three months ago when US President Donald Trump accepted an...
PUBLISHED Sep 5, 2018 05:50 AM

Chinese investments in S-E Asia - should there be a relook?

WHEN Malaysia's Prime Minister Mahathir Mohamad visited China in August, it was...
PUBLISHED Sep 5, 2018 05:50 AM
COMMENTARY

Capitalism has to be saved from Economics 101

ALL across the United States, students are settling into college - and coming to grips...
PUBLISHED Sep 5, 2018 05:50 AM
COMMENTARY

Pompeo seeks Asia traction for US strategy

MIKE Pompeo begins a tricky trip on Wednesday to Pakistan before travelling onto India...
PUBLISHED Sep 5, 2018 05:50 AM

BREAKING NEWS

Dec 19, 2018 07:42 AM

Argentina in recession as economy shrinks again

[BUENOS AIRES] Argentina is in recession after its economy shrank by 3.5 per cent during the third trimester of 2018,...
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...
sentifi.com

TOP 10 TALKED ABOUT: