Tuesday, Sep 25, 2018

TOP STORIES

S$13m fines for Grab, Uber, and a market share debate

THE Competition and Consumer Commission of Singapore (CCCS) on Monday slapped fines of S$...
PUBLISHED Sep 25, 2018 05:50 AM

Singapore lab to work on big changes for commodity marts

ENERGY and commodities price agency S&P Global Platts is setting up an innovation lab...
PUBLISHED Sep 25, 2018 05:50 AM

Stock manipulators, beware the MAS AI arsenal

MARKET manipulation syndicates have become more complex - but the same can be said for...
PUBLISHED Sep 25, 2018 05:50 AM

DBS sets sights on China for debt capital markets blitz

DBS Group Holdings, South-east Asia's largest lender, is expanding its fixed-income...
PUBLISHED Sep 25, 2018 05:50 AM

Core inflation in August remains at 4-year high of 1.9%

CORE inflation, which strips out the cost of accommodation and private road transport,...
PUBLISHED Sep 25, 2018 05:50 AM
OPINION

Revised corporate governance code principle-based

IN August 2018, the Monetary Authority of Singapore issued the revised Code of Corporate...
PUBLISHED Sep 25, 2018 05:50 AM

Green loan behind plush tower with its own park and roof gardens

ASIAN property developers are delving deeper into green loans, as shown by a recent deal...
PUBLISHED Sep 25, 2018 05:50 AM

KL says no to Malaysian property projects solely aimed at foreigners

FOREIGNERS are welcome to buy and own properties in Malaysia but real estate developers...
PUBLISHED Sep 25, 2018 05:50 AM

COMPANIES & MARKETS

Market abuzz over ownership of Keppel T&T, M1

KEPPEL Corp's announcement on Monday morning about a potential corporate action...
PUBLISHED Sep 25, 2018 05:50 AM

Sabana Reit collects overdue rent on Changi property

SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) has...
PUBLISHED Sep 25, 2018 05:50 AM
STOCKS

Thin trading signals tough week ahead

THE thin trading on Monday - due partly to the annual Mid-Autumn Festival celebrated in...
PUBLISHED Sep 25, 2018 05:50 AM

Brokers' take

We maintain "buy", with a target price of S$4.00 with a 19 per cent upside...
PUBLISHED Sep 25, 2018 05:50 AM
CURRENCIES

Dollar erases early gains, extends 2-week losing streak

THE dollar slipped on Monday, erasing its earlier gains, as investors searched for fresh...
PUBLISHED Sep 25, 2018 05:50 AM
HOCK LOCK SIEW

mm2 Asia: Overindulging can lead to indigestion

SHARES of local movie producer mm2 Asia have marched south ever since it failed in an...
PUBLISHED Sep 25, 2018 05:50 AM

Hopes of higher offer price for Wheelock Properties (S) crushed

PUNTERS banking on a sweetened deal in Wheelock Properties (Singapore)'s buyout bid...
PUBLISHED Sep 25, 2018 05:50 AM

Yoma Strategic ties up with Myanmar partner in heavy equipment financing

MAINBOARD-listed Yoma Strategic's subsidiary Yoma Fleet is partnering up with Myan...
PUBLISHED Sep 25, 2018 05:50 AM

Corporate digest

BDO, the court appointed liquidators of mainboard-listed The Stratech Group, said on...
PUBLISHED Sep 25, 2018 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Sep 25, 2018 05:50 AM

Najib's brother to step down as chairman of CIMB

NAZIR Razak, the brother of Malaysia's former prime minister, has decided to step...
PUBLISHED Sep 25, 2018 05:50 AM

REAL ESTATE

Keppel-KBS US Reit hunkers down in Seattle with 3rd asset

KEPPEL-KBS US Reit is set to deepen its presence in Seattle with its maiden acquisition...
PUBLISHED Sep 25, 2018 05:50 AM

Tuan Sing buys stake in mixed development on Hainan island

MAINBOARD-LISTED Tuan Sing Holdings has forked out for a share in an integrated...
PUBLISHED Sep 25, 2018 05:50 AM

Upper East Coast landed homes launch S$26m collective sale

A GROUP of neighbours in Upper East Coast have banded together for a collective sale of...
PUBLISHED Sep 25, 2018 05:50 AM

Chinese debt-laden builders' funding at risk in crackdown

CHINA'S debt-laden developers face a potentially devastating blow to their biggest...
PUBLISHED Sep 25, 2018 05:50 AM

Hong Kong's surging dollar sends warning on housing market

A SHOCK jump in Hong Kong's currency is signalling a decade-long liquidity party is...
PUBLISHED Sep 25, 2018 05:50 AM

Losing its lustre: The Golden Mile dilemma

ANDE Lai has a great view at home. He bought his two-bedroom apartment in Golden Mile...
PUBLISHED Sep 25, 2018 05:50 AM

Saudis set to triple mall space in Mecca by 2025

SAUDI Arabia, and its developers and retailers, are set to cash in on a spending bonanza...
PUBLISHED Sep 25, 2018 05:50 AM

Rough waters for California's not-so-public beaches

THE sandy cove along California's picturesque coast beckons visitors to what is...
PUBLISHED Sep 25, 2018 05:50 AM

BANKING & FINANCE

Indonesia has 2,000 banks, and eyes foreign firms for more mergers

INDONESIA has almost 2,000 banks and a currency that has plunged 11 per cent since...
PUBLISHED Sep 25, 2018 05:50 AM

India pledges action as default worries rock its markets

THE Indian authorities have vowed to support financial markets rocked by growing concerns...
PUBLISHED Sep 25, 2018 05:50 AM

North Korea looking for investments, from South, says business chief

NORTH Korea has signalled that it wants to bring in investments from South Korean...
PUBLISHED Sep 25, 2018 05:50 AM

ENERGY & COMMODITIES

Oil jumps 2% as market tightens on US sanctions against Iran

OIL prices rose 2 per cent on Monday as US sanctions restricted Iranian crude exports,...
PUBLISHED Sep 25, 2018 05:50 AM

EU palm oil ban sows bitter seeds for S-E Asian farmers

INDONESIAN palm oil farmer Kawal Surbakti said that his livelihood is under attack - but...
PUBLISHED Sep 25, 2018 05:50 AM

GE aspires to be a force in Europe's offshore wind market

AT a brightly lit factory near the mouth of France's Loire River, technicians in...
PUBLISHED Sep 25, 2018 05:50 AM

TECHNOLOGY

Google looking to future after 20 years of search

GOOGLE celebrated its 20th birthday on Monday, marking two decades in which it has grown...
PUBLISHED Sep 25, 2018 05:50 AM

CONSUMER

Tiny device makes huge advance for heart failure treatment

ALMOST two million Americans have severe heart failure; and for them, even mundane tasks...
PUBLISHED Sep 25, 2018 05:50 AM

Game-changing pact against illicit tobacco trade kicks in

A GLOBAL pact to battle the illegal tobacco trade kicks in this week, with the World...
PUBLISHED Sep 25, 2018 05:50 AM

Global spending on digital marketing nears US$100b: study

SPENDING on digital marketing grew by 44 per cent last year in the United States and...
PUBLISHED Sep 25, 2018 05:50 AM

TRANSPORT

Volkswagen's Porsche drops diesel in push for electric car

VOLKSWAGEN'S Porsche will stop offering diesel versions of its cars, the unit said...
PUBLISHED Sep 25, 2018 05:50 AM

Changi Airport Group unit inks MOU for China projects

CHANGI Airport Group's international business arm has signed a memorandum of...
PUBLISHED Sep 25, 2018 05:50 AM

California urges Trump administration to drop fuel rule plan

CALIFORNIA'S top air regulator urged the Trump administration on Sunday to abandon a...
PUBLISHED Sep 25, 2018 05:50 AM

Architect defends vision for Bangkok Airport, says it's not a fire hazard

BANGKOK'S main airport is planning to add a US$1.3 billion terminal with extensive...
PUBLISHED Sep 25, 2018 05:50 AM

In London, electric trucks help UPS make 'eco-friendly' deliveries

THERE is something new in Kentish Town, an up-and-coming north London neighbourhood. Many...
PUBLISHED Sep 25, 2018 05:50 AM

Harley is winning in Europe - without a trade war

WILLI Breuckmann could have gone for the BMW motorcycle - it was a comfortable and...
PUBLISHED Sep 25, 2018 05:50 AM

GOVERNMENT & ECONOMY

Trade war heats up as US, China lash out with biggest sets of tariffs yet

THE commercial battle between the United States and China heated up on Monday as the...
PUBLISHED Sep 25, 2018 05:50 AM

Borrowing spike shows manufacturers in China stressed even before tariffs

PRODUCERS in China are already under stress even ahead of implementation of US tariffs,...
PUBLISHED Sep 25, 2018 05:50 AM

BIS sounds warning against high-risk, leveraged lending

ONE of the world's senior financial regulators is sounding the alarm about surging...
PUBLISHED Sep 25, 2018 05:50 AM

LIFE & CULTURE

BT CORPORATE GOLF LEAGUE

Proelect team crowned 2018 champions

WHEN asked if the golfers from Proelect would return to defend their title in 2019, team...
PUBLISHED Sep 25, 2018 05:50 AM

Woods ends five-year drought with Tour Championship win

TIGER WOODS was moved to the brink of tears upon capturing his first title since 2013...
PUBLISHED Sep 25, 2018 05:50 AM

Maybank Singapore raises S$500,000 for President's Challenge

LAST Saturday, Maybank Singapore staff and corporate donors joined hands to raise S$500,...
PUBLISHED Sep 25, 2018 05:50 AM

Cosby sentencing reduces 'America's Dad' to convicted felon

BILL COSBY'S downfall from "America's Dad" to convicted felon will...
PUBLISHED Sep 25, 2018 05:50 AM

SME

Gripping vision of the future

A machine sits on a table, framed by four pillars. In front of it are two bins, one with...
PUBLISHED Sep 25, 2018 05:50 AM

PurpleClick paves the way for smarter digital marketing innovations

CONSUMERS are marketing saturated - overwhelmed by a deluge of messages and information...
PUBLISHED Sep 25, 2018 05:50 AM

OPINION

Kavanaugh-Ford clash to weigh on midterms

TWENTY-SEVEN years ago, I moved to Washington, DC, and was preparing to start writing...
PUBLISHED Sep 25, 2018 05:50 AM
THE BOTTOM LINE

Political systems of advanced countries have broken down

The Economist magazine is marking its 175th birthday with a special issue that looks back...
PUBLISHED Sep 25, 2018 05:50 AM
EDITORIAL

In pressing China on trade, Trump should embrace TPP, not tariffs

THE third round of the Trump administration's ongoing trade spat with China - 10 per...
PUBLISHED Sep 25, 2018 05:50 AM

How Singapore's food industry is shaking things up

THE food and drinks in your local supermarkets are changing - from the way they are...
PUBLISHED Sep 25, 2018 05:50 AM
COMMENTARY

Why the US will lose this trade war with China

THE United States cannot win its tariff war with China, regardless of what President...
PUBLISHED Sep 25, 2018 05:50 AM
COMMENTARY

Trump's disdain has eroded the US's soft power and generated backlash

DONALD Trump makes his second annual address to the United Nations General Assembly on...
PUBLISHED Sep 25, 2018 05:50 AM

BREAKING NEWS

Dec 13, 2018 12:29 AM

Madrid temporarily bans 'oldest, most polluting' vehicles

[MADRID] Madrid on Wednesday temporarily banned the oldest, most polluting vehicles from driving its streets, two weeks...
Dec 13, 2018 12:15 AM

Francis to say first Mass by a pope on Arabian peninsula in UAE

[VATICAN CITY] Pope Francis will say the first Mass by a pontiff on the Arabian peninsula in February and visit one of...
Dec 13, 2018 12:08 AM

EU, Japan clinch record trade accord in shadow of protectionism

[STRASBOURG] The European Parliament approved a draft free-trade agreement with Japan, removing the last political...
Dec 12, 2018 11:54 PM

Hitachi to buy ABB power-grid unit for 800b yen

[TOKYO] Hitachi Ltd is close to a deal to purchase ABB Ltd's power-grids business for as much as 800 billion yen (...
Dec 12, 2018 11:34 PM

BHP's US$320m copper mine sale called off, Chile Union says

[SANTIAGO] The sale of BHP Group Plc's smallest copper mine in Chile has been called off after the would-be buyer...
Dec 12, 2018 11:18 PM

Edition Limited calls off acquisition of Israeli cybersecurity firm

KRANJI farm operator Edition has called off a planned acquisition of 51 per cent in the enlarged share capital of...
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