Thursday, Sep 06, 2018

TOP STORIES

BT EXCLUSIVE

Rupiah rout mauls Indonesia-linked Singapore stocks

AS INDONESIA fights to shield the battered rupiah with a mix of rate hikes and market-...
PUBLISHED Sep 6, 2018 05:50 AM

Temasek, StarHub tie up for pure-play cybersecurity firm

NEWLY-launched cybersecurity firm Ensign InfoSecurity - a joint venture between Temasek...
PUBLISHED Sep 6, 2018 05:50 AM

How to dress the crazy rich part

THE movie Crazy Rich Asians has been both praised and criticised for its depiction of...
PUBLISHED Sep 6, 2018 05:50 AM

Cash-flush investors zoom in on DBS' S$1b of perps

FLUSH with cash and desperate for safer assets, investors are making a beeline for local...
PUBLISHED Sep 6, 2018 05:50 AM

HSR construction delayed to May 2020; KL to reimburse Singapore S$15m

SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore...
PUBLISHED Sep 6, 2018 05:50 AM

Typhoon third whammy for Japan's inbound tourism

JAPAN'S tourist boom has been one of the country's few unambiguous economic...
PUBLISHED Sep 6, 2018 05:50 AM

Tourism board appoints new chief executive

THE Singapore Tourism Board (STB) is bringing on board a new chief executive.
PUBLISHED Sep 6, 2018 05:50 AM

Global trade woes, cooling steps bite into 2019 GDP forecast

EXTERNAL factors loom over Singapore's economic growth, according to the latest poll...
PUBLISHED Sep 6, 2018 05:50 AM
LATEST US DATA

Trade deficit rises to five-month high on declining exports

The US trade deficit increased to a five-month high in July as exports of soyabeans and...
PUBLISHED Sep 6, 2018 05:50 AM

COE prices slide across all categories

CERTIFICATE of entitlement (COE) prices across all five categories fell at the close of...
PUBLISHED Sep 6, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Sheng Siong's growing footprint, strong balance sheet could stave off headwinds

EVEN amid the threat of e-commerce and economic uncertainties, Sheng Siong remains a...
PUBLISHED Sep 6, 2018 05:50 AM

UOB, Shanghai Pudong bank ink MOU to target Belt and Road companies

UNITED Overseas Bank (UOB) has signed a memorandum of understanding (MOU) with Shanghai...
PUBLISHED Sep 6, 2018 05:50 AM

Corporate digest

FINCANTIERI Oil & Gas has extended the deadline on its buyout offer for Vard Holdings...
PUBLISHED Sep 6, 2018 05:50 AM
EMERGING ENTERPRISE

Toying around with urban culture

TAKE a walk past The Cathay today, and it is impossible to miss the huge dog guarding the...
PUBLISHED Sep 6, 2018 05:50 AM
SIAS 9TH CORPORATE GOVERNANCE WEEK 2018

Focus will be on corporate governance

THE Securities Investors Association (Singapore) will hold the 9th Singapore Corporate...
PUBLISHED Sep 6, 2018 05:50 AM

Bayer forecasts lower earnings on Monsanto delays as lawsuits pile up

BAYER cut its earnings forecast on Wednesday due to delays to its US$63 billion takeover...
PUBLISHED Sep 6, 2018 05:50 AM

William Hill ups US stakes with Eldorado sports betting deal

BRITAIN'S William Hill expanded further into the United States on Wednesday, signing...
PUBLISHED Sep 6, 2018 05:50 AM
STOCKS

Mid-week gloom hits Asian markets

EQUITY markets in Asia continued to slide on Wednesday as US markets had a lacklustre...
PUBLISHED Sep 6, 2018 05:50 AM

Brokers' take

Q2 results for the hospitality Singapore real estate investment trusts (S-Reits) under...
PUBLISHED Sep 6, 2018 05:50 AM
CURRENCIES

Dollar rises on fears of new US trade tariffs

THE dollar rose broadly on Wednesday as concerns grew that US President Donald Trump may...
PUBLISHED Sep 6, 2018 05:50 AM

REAL ESTATE

New energy rating launched for office buildings

SOLAR shades, natural ventilation and renewable energy panels are some of the prospective...
PUBLISHED Sep 6, 2018 05:50 AM

2 Amoy St shophouses up for sale

A PAIR of adjoining prime four-storey conservation shophouses along Amoy Street have been...
PUBLISHED Sep 6, 2018 05:50 AM

CapitaLand is top real estate developer again

CAPITALAND was recognised as the best real estate developer in Singapore for the second...
PUBLISHED Sep 6, 2018 05:50 AM

UK market sluggish on Brexit run-in: Berkeley

BERKELEY Group Holdings said on Wednesday that Britain's housing market lacked...
PUBLISHED Sep 6, 2018 05:50 AM

BANKING & FINANCE

Malaysia central bank holds rate amid subdued inflation

MALAYSIA'S central bank kept its benchmark interest rate unchanged on the back of...
PUBLISHED Sep 6, 2018 05:50 AM

Jump in Indonesia's govt bond yields signals rate hike

THE steepest surge in Indonesia's two-year government bond yields since 2012 may be...
PUBLISHED Sep 6, 2018 05:50 AM

Times are changing in London as cash falls out of fashion

FOR centuries, London has sustained a street-level economy where performers and vendors...
PUBLISHED Sep 6, 2018 05:50 AM

Family offices a new threat to hedge funds in Asia

THEY'VE already come for the talent, poaching traders from the likes of Millennium...
PUBLISHED Sep 6, 2018 05:50 AM

ENERGY & COMMODITIES

Riyadh aims to keep oil in US$70-80 band: sources

SAUDI Arabia wants oil to stay between US$70 and US$80 a barrel for now as the world...
PUBLISHED Sep 6, 2018 05:50 AM

Dirty secrets: tainted shipping fuel sparks calls for tighter quality control

A WAVE of contaminated fuel that has clogged and damaged engines on hundreds of oil...
PUBLISHED Sep 6, 2018 05:50 AM

TECHNOLOGY

COMMENTARY

Amazon crosses US$1t line, second US firm after Apple to do so

WHEN Apple's market value crossed US$1 trillion last month, the reason was simple:...
PUBLISHED Sep 6, 2018 05:50 AM

China betting on mobile merger to keep its edge as global 5G race speeds up

CHINA is betting that bulking up its phone companies will help the country keep its edge...
PUBLISHED Sep 6, 2018 05:50 AM

IFA tech show unveils slew of cool and quaint devices

BERLIN'S IFA tech show is the largest in Europe, and while the hype may not match...
PUBLISHED Sep 6, 2018 05:50 AM

Internet firms in 'arms race' to defend democracy: Zuckerberg

FACEBOOK chief Mark Zuckerberg said late on Tuesday that the leading social network and...
PUBLISHED Sep 6, 2018 05:50 AM

CONSUMER

Fortis co-founder sues brother as Indian empire unravels

ONE of the most dramatic unravelings of an Indian business empire took an unexpected turn...
PUBLISHED Sep 6, 2018 05:50 AM

Iraqi resort a macabre emblem of war and state decay

IN THE 1980s, Iraq's Lake Habbaniyah was a tourist hotspot, popular with wealthy...
PUBLISHED Sep 6, 2018 05:50 AM

Canon joins Sony, Nikon in battle for pro-grade camera market

CANON Inc is finally entering the full-frame mirrorless camera market, joining Sony Corp...
PUBLISHED Sep 6, 2018 05:50 AM

TRANSPORT

Kansai airport flooded following Typhoon Jebi

REGIONS around Osaka, Japan's second-biggest population centre, struggled to recover...
PUBLISHED Sep 6, 2018 05:50 AM

Suzuki gains as China exit allows carmaker to focus on India

SHARES of Suzuki Motor Corp advanced after the Japanese carmaker said it's exiting...
PUBLISHED Sep 6, 2018 05:50 AM
NEWS ANALYSIS

India soars above global average in hiring of female commercial pilots

WHEN Shweta Singh wanted to become a pilot in India 20 years ago, she had to first...
PUBLISHED Sep 6, 2018 05:50 AM

GOVERNMENT & ECONOMY

Saudi wealth fund bets big to remake economy

WITH the stock market listing of its national oil company stalled, Saudi Arabia is...
PUBLISHED Sep 6, 2018 05:50 AM

Eurozone growth picks up in Aug, PMI nudges up to 54.5

EUROZONE business activity picked up a bit last month, extending a period of solid growth...
PUBLISHED Sep 6, 2018 05:50 AM

Australia's economy powers ahead in Q2 as consumers keep spending

AUSTRALIA'S buoyant economy posted strong growth in the second quarter of the year...
PUBLISHED Sep 6, 2018 05:50 AM

Norway's US$1t fund to beef up scrutiny on sustainability, ocean pollution

NORWAY'S US$1 trillion sovereign wealth fund wants companies in which it invests to...
PUBLISHED Sep 6, 2018 05:50 AM

Economic pitfalls await next Swedish government

THE next Swedish government, whatever it may be, won't be wanting for economic...
PUBLISHED Sep 6, 2018 05:50 AM

LIFE & CULTURE

Hopper's Chop Suey may fetch US$70m

BARNEY Ebsworth doesn't have the name recognition of fellow Seattle area residents...
PUBLISHED Sep 6, 2018 05:50 AM

Brazil's museum fire is a global tragedy

THERE have been no injuries reported after an enormous fire gutted Rio de Janeiro's...
PUBLISHED Sep 6, 2018 05:50 AM

Nadal outlasts Thiem in marathon match

KNOWN for his torquing topspin and forceful forehand, Rafael Nadal showed off a different...
PUBLISHED Sep 6, 2018 05:50 AM

OPINION

Decoding currency crises

IMAGINE two countries. Country A has a fiscal deficit of slightly over 5 per cent of its...
PUBLISHED Sep 6, 2018 05:50 AM
THE BOTTOM LINE

Developing economies at risk of finance-related tantrums

THE addition of a fourth US rate rise to the Federal Reserve's 2018 dot-plot graph...
PUBLISHED Sep 6, 2018 05:50 AM
EDITORIAL

Tracking wellbeing and balancing the narrative about super-rich Asia

"EVERY day we're still discovering new high-net worth clients." So "...
PUBLISHED Sep 6, 2018 05:50 AM

Solar systems key to S'pore's renewable energy development

WITH 2018 designated as Singapore's Year of Climate Action, there has been...
PUBLISHED Sep 6, 2018 05:50 AM
COMMENTARY

In Trump's world, costs of carbon pricing can be steep

SINGAPORE will implement its first carbon tax from 2019 in a world where the Paris...
PUBLISHED Sep 6, 2018 05:50 AM
COMMENTARY

The acquisition of Costa Coffee brings Coke back to its main street origins

"TO our considerable misfortune, the pleasures of the city have been largely reduced...
PUBLISHED Sep 6, 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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