Friday, Sep 14, 2018

TOP STORIES

Tax disputes threaten profit growth of top US companies

TAX disputes are threatening to wipe out more than half the profit growth of Fortune 500...
PUBLISHED Sep 14, 2018 05:50 AM

A pitch for the past

WHO doesn't love a peek into the past? A sepia-toned photograph, the warm sound of...
PUBLISHED Sep 14, 2018 05:50 AM

Accuron MedTech opens S$10m incubator hub in Tuas

SINGAPORE-BASED medical device company Accuron MedTech opened a S$10 million medical...
PUBLISHED Sep 14, 2018 05:50 AM

Contractors' body sets four targets to transform industry

THE Singapore Contractors Association Ltd (SCAL) has unveiled four key targets for itself...
PUBLISHED Sep 14, 2018 05:50 AM

More locals employed in H1, but long-term jobless rate up slightly: MOM

MORE Singaporeans found jobs in the first half of this year than in the first six months...
PUBLISHED Sep 14, 2018 05:50 AM
TEN YEARS AFTER LEHMAN

Bernanke admits Fed made mistakes in tackling crisis

FORMER US Federal Reserve Chairman Ben Bernanke acknowledged that policy makers made two...
PUBLISHED Sep 14, 2018 05:50 AM

ST Engg to buy General Electric unit for US$630m

MAINBOARD-listed Singapore Technologies Engineering (ST Engineering) has agreed to...
PUBLISHED Sep 14, 2018 05:50 AM

Number of exits by South-east Asian startups rises for third year running

STARTUP exits in South-east Asia have grown in number for the third year running this...
PUBLISHED Sep 14, 2018 05:50 AM
VIDEOS

Moving towards a Smart City

FROM e-payments to improving public transport, these are just some of the initiatives...
PUBLISHED Sep 14, 2018 05:50 AM
FORMULA 1

Hamilton looking to deliver a hard fight here

MERCEDES' Formula One driver Lewis Hamilton plans to put up a tough fight at the...
PUBLISHED Sep 14, 2018 05:50 AM

COMPANIES & MARKETS

HSBC to move HQ to Marina Bay Financial Centre from 2020

HSBC Singapore will be relocating its head office from its current premises at HSBC...
PUBLISHED Sep 14, 2018 05:50 AM

StanChart to part ways with 3 senior Asia bankers: sources

STANDARD Chartered is parting ways with three senior Asia-focused bankers and possibly...
PUBLISHED Sep 14, 2018 05:50 AM
HOT STOCK

Venture's 6% slump revives concerns about slowing growth

VENTURE Corp was the top loser on Thursday, diving 5.69 per cent or 96 Singapore cents to...
PUBLISHED Sep 14, 2018 05:50 AM

Keppel Capital unit, Allianz Real Estate buy office building in Shanghai for US$48m

KEPPEL Capital, through a fund managed by its subsidiary Alpha Investment Partners, has...
PUBLISHED Sep 14, 2018 05:50 AM

Corporate digest

SERIAL System's executive chairman and group chief executive Derek Goh has received...
PUBLISHED Sep 14, 2018 05:50 AM

Tencent-backed Meituan Dianping raises US$4.2b in IPO

CHINESE online food delivery-to-ticketing services firm Meituan Dianping raised US$4.2...
PUBLISHED Sep 14, 2018 05:50 AM
NEWS ANALYSIS

Apple's secret weapon isn't an iPhone feature this year

IN past years, when Apple didn't have a new iPhone design to trot out at its annual...
PUBLISHED Sep 14, 2018 05:50 AM

Asia's emerging markets in stronger position than peers elsewhere: MAS chief

EMERGING markets in Asia are in a stronger position than peers elsewhere because of solid...
PUBLISHED Sep 14, 2018 05:50 AM

Synagie sinks deeper in the red with S$3.4m loss for H1 despite revenue doubling

HOMEGROWN e-commerce player Synagie Corporation has sunk deeper into the red, posting a...
PUBLISHED Sep 14, 2018 05:50 AM
STOCKS

STI up 0.2% as new trade talks lift stocks

THE spectre of trade tensions that had hovered over markets for the past weeks lifted...
PUBLISHED Sep 14, 2018 05:50 AM

Brokers' take

In our local conglomerates/yards space, all stocks (Keppel Corp, Sembcorp Industries,...
PUBLISHED Sep 14, 2018 05:50 AM
CURRENCIES

Dollar holds early gains ahead of ECB rate decision

THE dollar drifted higher against a basket of its rivals on Thursday, moving away from a...
PUBLISHED Sep 14, 2018 05:50 AM
EMERGING ENTERPRISE

Fear no more the cashless wave

IT is not every day that a team of young university graduates reject lucrative job offers...
PUBLISHED Sep 14, 2018 05:50 AM
EMERGING ENTERPRISE

In the business of recycling diapers

WITH diapers being produced at a rate of roughly 1,000 a minute in a typical factory,...
PUBLISHED Sep 14, 2018 05:50 AM

REAL ESTATE

Impact of startup fundraising on property

SINGAPORE'S startup ecosystem has come a long way to emerge on the global stage...
PUBLISHED Sep 14, 2018 05:50 AM

South Korea imposes tougher taxes to curb price surge

SOUTH Korea on Thursday laid out plans to impose tougher taxes on property ownership to...
PUBLISHED Sep 14, 2018 05:50 AM

Holes in Swiss property market ring mortgage alarm bells

NEARLY four years after a 1930s telephone switchboard centre was transformed into 18...
PUBLISHED Sep 14, 2018 05:50 AM

BANKING & FINANCE

Wall Street's alarm on trade spreads with Goldman's bear warning

WHILE US equity investors have kept their cool during this year's escalation of...
PUBLISHED Sep 14, 2018 05:50 AM

Australia dollar bounces on jobs boost, hope for trade talks

THE Australian dollar extended a rare bounce on Thursday as surprisingly strong jobs data...
PUBLISHED Sep 14, 2018 05:50 AM

Lloyds Banking Group to close 15 branches

LLOYDS Banking Group is to close a further 15 branches between January and March 2019, a...
PUBLISHED Sep 14, 2018 05:50 AM

ENERGY & COMMODITIES

Global oil consumption to top 100m bpd in next 3 months: IEA

WORLD oil consumption will top 100 million barrels per day (bpd) in the next three months...
PUBLISHED Sep 14, 2018 05:50 AM

US shale producers lock in crude prices for 2019, 2020

US shale producers are locking in prices for their production as much as three years into...
PUBLISHED Sep 14, 2018 05:50 AM

Asia eyes Argentine wheat as drought curbs Aussie output

ASIAN flour millers are expected to seek rare wheat shipments from Argentina in coming...
PUBLISHED Sep 14, 2018 05:50 AM

TECHNOLOGY

Apple unveils premium iPhone XS, health features for watch

APPLE unveiled three new iPhones on Wednesday (Thursday morning, Singapore time) in a bid...
PUBLISHED Sep 14, 2018 05:50 AM

Indonesian fintech startup Moka raises US$24m in Series B funding

INDONESIAN cloud-based point-of-sale (POS) system startup Moka has raised US$24 million...
PUBLISHED Sep 14, 2018 05:50 AM

CONSUMER

India bans 328 combination drugs

THE Indian government has banned 328 combination drugs in a blow to both domestic and...
PUBLISHED Sep 14, 2018 05:50 AM

Local brands edging out foreign brands in China

MOVE over Apple and Nike. Chinese phone maker Huawei and food delivery giant Meituan...
PUBLISHED Sep 14, 2018 05:50 AM

Walmart revamps website to draw urban shoppers

WALMART has refurbished its Jet.com site to cater even more to the city dwellers who...
PUBLISHED Sep 14, 2018 05:50 AM

TRANSPORT

Uneasy precedent for foreign carmakers in China

WATCH out car companies, here comes the long arm of the Chinese state.
PUBLISHED Sep 14, 2018 05:50 AM

Boeing CEO sees shift to Max jets smoothing next 737 output bump

BOEING Co's chief executive officer quashed speculation that the planemaker would...
PUBLISHED Sep 14, 2018 05:50 AM

Game, set, match: Nissan signs rising tennis star Osaka as brand ambassador

JAPANESE automaker Nissan said on Thursday it had signed US Open champion Naomi Osaka as...
PUBLISHED Sep 14, 2018 05:50 AM

GOVERNMENT & ECONOMY

ECB sticks to stimulus exit plan despite 'uncertainties'

EUROPEAN Central Bank (ECB) chief Mario Draghi on Thursday played down risks to the...
PUBLISHED Sep 14, 2018 05:50 AM
LATEST US DATA

CPI rises modestly in August; jobless claims near 49-year low

US consumer prices rose less than expected in August as increases in gasoline and rents...
PUBLISHED Sep 14, 2018 05:50 AM

'No-deal' Brexit? Britain sets out the damage for consumers and business

BRITAIN published new advice to businesses and the public on Thursday about how to cope...
PUBLISHED Sep 14, 2018 05:50 AM

Revenue growth in US cities slow despite strong economy

US cities are seeing the growth of their tax collections slow, suggesting local...
PUBLISHED Sep 14, 2018 05:50 AM

China welcomes US offer for fresh trade talks as new tariffs loom

CHINA welcomed on Thursday a US offer to hold fresh trade talks, adding that the two are...
PUBLISHED Sep 14, 2018 05:50 AM

Thai opposition urges junta to lift politics ban as poll looms

THE toppled Thai opposition on Thursday called on the ruling junta to lift the ban on...
PUBLISHED Sep 14, 2018 05:50 AM

Malaysia can sustain 5% economic growth: Lim

MALAYSIAN Finance Minister Lim Guan Eng said on Thursday that the South-east Asian...
PUBLISHED Sep 14, 2018 05:50 AM

LIFE & CULTURE

China farmers swap sheep for skis

IT may be hot outside but that doesn't stop doctors and former shepherds on skis...
PUBLISHED Sep 14, 2018 05:50 AM

The art of winemaking on the cheap

HOW do you make a small fortune in the wine business? Start out with a big one.
PUBLISHED Sep 14, 2018 05:50 AM

OPINION

Power liberalisation: User experience is key

In the final quarter of 2018, Singapore will take the final step in its Open Electricity...
PUBLISHED Sep 14, 2018 05:50 AM
THE BOTTOM LINE

Climate change and its unintended consequences

SCARCELY had I begun my first lecture of the fall semester here at the University of...
PUBLISHED Sep 14, 2018 05:50 AM
EDITORIAL

Regulators must set governance standards in this age of disruption

BY now, it is well known that technology is disrupting many businesses and shortening...
PUBLISHED Sep 14, 2018 05:50 AM

Asean states have fared well. Now, to continue doing so

ASEAN members rank among the world's most dynamic, resilient, and fastest-growing...
PUBLISHED Sep 14, 2018 05:50 AM
COMMENTARY

Singapore has a responsibility to lead a smart world

ALL eyes and ears this week will be on Formula One in Singapore - it is hard to miss the...
PUBLISHED Sep 14, 2018 05:50 AM
COMMENTARY

Russia asserting itself more in Asia-Pac in growing partnership with China

VLADIMIR Putin and Xi Jinping deepened bilateral ties in Vladivostock on Tuesday at the...
PUBLISHED Sep 14, 2018 05:50 AM

Lifestyle

Diners come first at Ola

WHAT kind of Michelin value can you place on fun?
PUBLISHED Sep 14, 2018 05:50 AM

The Heritage Protectors

PEARL BANK apartments. People's Park Complex. Golden Mile Complex. Their days are...
PUBLISHED Sep 14, 2018 05:50 AM

Charles Tan

BUY A T-SHIRT online for S$20, and stand a chance to win a Mercedes-Benz CLA 180 Coupe...
PUBLISHED Sep 14, 2018 05:50 AM

Dining With The Stars

Resorts World Sentosa ramps up the star power in the second edition of its mega food fair...
PUBLISHED Sep 14, 2018 05:50 AM

Festive Surprise

Any time of the year is a good time to snack on bak kwa and we are definitely having some...
PUBLISHED Sep 14, 2018 05:50 AM

Fast & Furious

It's common for musicians to drop "surprise" albums on their fans: U2 (...
PUBLISHED Sep 14, 2018 05:50 AM

Under Wraps

It started with the Brazilian wax, popularised by the Spa Esprit Group's Strip...
PUBLISHED Sep 14, 2018 05:50 AM

Bard Company

Touring Shakespeare company Shakespeare's Globe is back in Singapore. And this time...
PUBLISHED Sep 14, 2018 05:50 AM

Return Of The Piano Lady

World-renowned toy piano player and Cultural Medallion recipient Margaret Leng Tan...
PUBLISHED Sep 14, 2018 05:50 AM

Smells Like Home

Australian skincare brand Aesop has launched its first product for the home. Designed for...
PUBLISHED Sep 14, 2018 05:50 AM

Get Crafty

Craft purveyor, The General Company, and The Balvenie, the world's most handcrafted...
PUBLISHED Sep 14, 2018 05:50 AM

Still Making His Mark

MARK BEST IS not defined by his restaurant.The chef-owner of the now defunct Sydney...
PUBLISHED Sep 14, 2018 05:50 AM

Thai And Proud Of It

FOR THOSE WHO associate eating ants with Rene Redzepi of Noma, Thitid Tassanakajohn is...
PUBLISHED Sep 14, 2018 05:50 AM
SPECIAL FEATURE

The History Of Whoo - The Magic Of Cheonyuldan

IMAGINE IF YOU had the magic potion for eternally youthful skin. Imagine if you could...
PUBLISHED Sep 14, 2018 05:50 AM

Sterling Acts

ONE OF THE MOST HEARTBREAKING pieces of contemporary dance this writer has ever seen is...
PUBLISHED Sep 14, 2018 05:50 AM
SPECIAL FEATURE

Experience A Journey Of Exquisite Pleasures

UNIWORLD Boutique River Cruise Collection, the world's most luxurious all-inclusive...
PUBLISHED Sep 14, 2018 05:50 AM

Stranger Things

THERE ARE SOME very famous names among the 44 artists showing at Parkview Museum's...
PUBLISHED Sep 14, 2018 05:50 AM

Precision Machinery

WE READ SO much about how smart watches are such a big threat to mechanical timepieces,...
PUBLISHED Sep 14, 2018 05:50 AM

Novelty Timepieces

The Vintage Rally Healy Chronograph, in a limited edition of 2,888 pieces, is the product...
PUBLISHED Sep 14, 2018 05:50 AM

Chinatown, Uncovered

MUCH HAS BEEN documented about Chinatown and its heritage, from its old buildings to its...
PUBLISHED Sep 14, 2018 05:50 AM

BREAKING NEWS

Dec 14, 2018 10:04 PM

Ezra to voluntarily wind up 4 dormant subsidiaries

FOUR dormant subsidiaries of Ezra Holdings were placed under creditors' voluntary liquidation with effect from Dec...
Dec 14, 2018 09:56 PM

China Everbright Water inks deal to build, operate leachate treatment system

WATER treatment company China Everbright Water has secured a project, which commands an investment of 51.46 million...
Dec 14, 2018 09:24 PM

Sabana Reit says no impact on Vibrant-related master leases so far

SABANA Reit said on Friday that there is no impact on master leases related to its sponsor Vibrant Group at this...
Dec 14, 2018 08:21 PM

Mapletree Commercial Trust appoints 2 independent non-exec directors

MAPLETREE Commercial Trust (MCT) announced that it has appointed two independent non-executive directors.
Dec 14, 2018 07:16 PM

3 bids submitted for Pasir Ris Central white site

A 3.8 hectare white site at Pasir Ris Central saw three bids from developers at the close of the tender on Friday.
Dec 14, 2018 06:30 PM

Daily Debrief: What Happened Today

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