Thursday, Oct 04, 2018

TOP STORIES

CORPORATE GOVERNANCE

Boards face major shifts with new governance code

A RECENT scrutiny on the state of play in the board makeup of more than 700 listed...
PUBLISHED Oct 4, 2018 05:50 AM

StarHub axing 10% of staff amid telco industry woes

TELCO StarHub is sending more than one-tenth of its staff to the chopping block, with its...
PUBLISHED Oct 4, 2018 05:50 AM

Home is where the holiday is

As much as Singaporeans love to eat, they also love to travel. So much so that it isn...
PUBLISHED Oct 4, 2018 05:50 AM

Swiber pursues equity deal with NY-listed Seaspan

BELEAGUERED Swiber Holdings is pressing on with its bid to resurrect as a power...
PUBLISHED Oct 4, 2018 05:50 AM

Quest to cut sulphur in bunker fuels estimated to cost CMA group US$1.5b

COMPLYING with the rule limiting the sulphur content of bunker fuels to 0.5 per cent from...
PUBLISHED Oct 4, 2018 05:50 AM

Mapletree acquires logistics assets in the US, Europe

MAPLETREE Investments has acquired a 16.5 million sq ft logistics portfolio for US$1.1...
PUBLISHED Oct 4, 2018 05:50 AM

Indonesia weighs tax cut for bond investors to help prop currency

INDONESIA is weighing proposals to cut the levy on gains from its sovereign bonds and...
PUBLISHED Oct 4, 2018 05:50 AM
BT EXCLUSIVE

Shophouse at 21 Boon Tat Street fetches record price in District 1

A 999-year leasehold shophouse at 21 Boon Tat Street in the Telok Ayer Conservation Area...
PUBLISHED Oct 4, 2018 05:50 AM

Logistics sector rolls out plan to accelerate technology adoption

SINGAPORE'S logistics sector is stepping on the gas pedal in its technology adoption...
PUBLISHED Oct 4, 2018 05:50 AM
OPINION

Navigating South-east Asia's offshore market

IT has taken three years since 2014's fall in oil prices and protracted down cycle...
PUBLISHED Oct 4, 2018 05:50 AM

Rosmah arrested, to face charges on Thursday

MALAYSIAN anti-graft authorities on Wednesday arrested former first lady Rosmah Mansor,...
PUBLISHED Oct 4, 2018 05:50 AM

COEs end mixed as demand for new cars continues to be dampened

CERTIFICATES of entitlement (COE) ended mixed in the latest tender on Wednesday , as...
PUBLISHED Oct 4, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Bowsprit deal benefits buyers more than seller

THE recent lateral shift in the ownership of First Reit's manager, Bowsprit Capital...
PUBLISHED Oct 4, 2018 05:50 AM

China tech, financials represent 'window of opportunity': DBS investment chief

NOW is the time to re-engage Asian equities for investment, especially financials and...
PUBLISHED Oct 4, 2018 05:50 AM
BT EXCLUSIVE

BreadTalk adds tea to growth brew; eyes deeper regional expansion

BREADTALK Group is on track to growth and meeting its stated goal of an 8 per cent net...
PUBLISHED Oct 4, 2018 05:50 AM

GE downgrade will lift its costs in a debt market it once ruled

GENERAL Electric Co may have to pay a little more the next time it wants to make payroll.
PUBLISHED Oct 4, 2018 05:50 AM

Corporate digest

CITYNEON has named Mark Kemper its new group chief corporate and financial officer,...
PUBLISHED Oct 4, 2018 05:50 AM

Deutsche Bank faces more senior departures in Japan

DEUTSCHE Bank AG's top Japan dealmaker and chief operating officer have resigned,...
PUBLISHED Oct 4, 2018 05:50 AM
INITIAL PUBLIC OFFERINGS

Tencent Music files for US IPO, H1 revenue surges

TENCENT Music Entertainment, which owns China's most popular music apps, has filed...
PUBLISHED Oct 4, 2018 05:50 AM
INITIAL PUBLIC OFFERINGS

Aston Martin skids on market debut

SHARES in luxury carmaker Aston Martin fell as much as 6.5 per cent on their market debut...
PUBLISHED Oct 4, 2018 05:50 AM
STOCKS

Asia markets mixed on EU-Italy spat

ASIAN markets continued to trade mixed on Wednesday as a growing spat between Italy and...
PUBLISHED Oct 4, 2018 05:50 AM

Brokers' take

Having risen 38 per cent since we reiterated our "Buy" call on Aug 8, the...
PUBLISHED Oct 4, 2018 05:50 AM
CURRENCIES

US dollar strengthens after Fed comments

THE DOLLAR strengthened against other major currencies on Wednesday after a top US...
PUBLISHED Oct 4, 2018 05:50 AM

REAL ESTATE

Nanshan family in S$40m GCB purchase

THE Song family behind Nanshan Group Singapore is understood to be in the early stage of...
PUBLISHED Oct 4, 2018 05:50 AM

Turkey's Dogus Reit sets rates for foreign currency rent

TURKEY'S Dogus Real Estate Investment Trust said on Tuesday it would fix exchange...
PUBLISHED Oct 4, 2018 05:50 AM

Hilton plans to double hotels in Africa in next five years

HILTON Worldwide Holdings plans to more than double its hotels in Africa in the next five...
PUBLISHED Oct 4, 2018 05:50 AM

City officials develop plan to keep Amsterdam homes affordable

AS Amsterdam house prices soar and investors seek to spend more in the Dutch capital, its...
PUBLISHED Oct 4, 2018 05:50 AM

DC Council votes to restrict Airbnb in Washington

THE DC Council unanimously gave preliminary approval to legislation that makes Washington...
PUBLISHED Oct 4, 2018 05:50 AM

Manhattan home sales tumble in a market clogged with listings

IT HAS been a rough year for Manhattan's home sellers, and they are not about to...
PUBLISHED Oct 4, 2018 05:50 AM

Turning an old Manhattan freight terminal into a sleek office tower

OXFORD Properties Group is spending about US$2 billion to transform an old freight...
PUBLISHED Oct 4, 2018 05:50 AM

BANKING & FINANCE

A$ delivers stimulus where the central bank fails to

AUSTRALIA'S currency is set to head even lower as local interest rates fall further...
PUBLISHED Oct 4, 2018 05:50 AM

Japan to order Suruga Bank to halt new property loans after scandal: sources

JAPAN'S financial regulator will order Suruga Bank to stop making new loans for...
PUBLISHED Oct 4, 2018 05:50 AM

Malaysia nudges Islamic banks towards sustainable finance

MALAYSIA'S central bank issued guidelines on Wednesday to encourage Islamic banks to...
PUBLISHED Oct 4, 2018 05:50 AM

ENERGY & COMMODITIES

Singapore to embrace greener alternatives to LNG in marine-fuel mix

SINGAPORE is looking to embrace alternative sources of marine fuels as it sets out to...
PUBLISHED Oct 4, 2018 05:50 AM

Looming large: Shell's LNG Canada seen as tip of megaproject iceberg

THE launch of a massive liquefied natural gas (LNG) export project in Canada could fire...
PUBLISHED Oct 4, 2018 05:50 AM

Japan's first inter-regional transfer of excess solar power

JAPAN transferred excess renewable energy supplies between two of its electricity regions...
PUBLISHED Oct 4, 2018 05:50 AM

Baker Hughes to bid for Petrobras production-sharing deal

GENERAL Electric Co's unit Baker Hughes is preparing an offer for a production-...
PUBLISHED Oct 4, 2018 05:50 AM

TECHNOLOGY

Amazon wage hike aims to secure holiday help in tight job market

JEFF Bezos scored a public-relations victory by giving his workers a raise. But at its...
PUBLISHED Oct 4, 2018 05:50 AM

Tech giants allied against proposed Australia law seeking access to private data

FOUR global tech giants - Facebook, Apple, Alphabet and Amazon - will oppose an...
PUBLISHED Oct 4, 2018 05:50 AM

Apple guards data privacy even in China, says Tim Cook

APPLE chief executive Tim Cook on Tuesday said the company is devoted to protecting...
PUBLISHED Oct 4, 2018 05:50 AM

CONSUMER

Asian patients finally have medicines designed for them

FOR decades, much of the pipeline of medical innovation has flowed from West to East. Now...
PUBLISHED Oct 4, 2018 05:50 AM

Study finds more than 250 'selfie deaths' in the last six years

THE next time you're standing at the edge of a scenic cliff or on top of a waterfall...
PUBLISHED Oct 4, 2018 05:50 AM

Visitors flooding into Macau raise Golden Week hopes for casinos

THERE'S a ray of hope in the gloomy outlook for Macau casinos. Early numbers are...
PUBLISHED Oct 4, 2018 05:50 AM

TRANSPORT

Wave of worries takes shine off Paris Motor Show

CUTTING-EDGE concept cars and promises of self-driving "lounges" painted the...
PUBLISHED Oct 4, 2018 05:50 AM

US car sales slump but Fiat Chrysler surges

ALMOST ALL major auto makers reported that North American sales declined on Tuesday,...
PUBLISHED Oct 4, 2018 05:50 AM

60 migrants feared drowned in Guinea-Bissau capsize

A SMALL BOAT carrying migrants has capsized off Guinea-Bissau, a port official said,...
PUBLISHED Oct 4, 2018 05:50 AM

JetBlue plans to grow by adding more flights, selling travel services

JETBLUE AIRWAYS, stuck in its third straight year lagging the airline industry's...
PUBLISHED Oct 4, 2018 05:50 AM

GOVERNMENT & ECONOMY

End divisions or put Brexit at risk, Theresa May tells party

BRITISH Prime Minister Theresa May called on her Conservative Party on Wednesday to unite...
PUBLISHED Oct 4, 2018 05:50 AM

Turkey inflation surges to nearly 25% in September, highest in 15 years

TURKISH inflation surged to nearly 25 per cent in September from a year earlier, official...
PUBLISHED Oct 4, 2018 05:50 AM

Global growth positive but under a bit of pressure: Jerome Powell

THE global economic outlook remains positive, with just a few emerging markets seeing...
PUBLISHED Oct 4, 2018 05:50 AM

Trade pact clause seen deterring China trade deal with Canada, Mexico

CHINA'S hopes of negotiating a free trade pact with Canada or Mexico were dealt a...
PUBLISHED Oct 4, 2018 05:50 AM

Spain court confirms 4.5-year jail term for ex-IMF chief Rato

SPAIN'S Supreme Court on Wednesday confirmed former IMF chief Rodrigo Rato's...
PUBLISHED Oct 4, 2018 05:50 AM

LIFE & CULTURE

Bay in The Beach shut indefinitely

THE glittering Thai bay immortalised in the movie The Beach will be closed indefinitely...
PUBLISHED Oct 4, 2018 05:50 AM

Is sleepy Thai town's MotoGP makeover preparing it for Formula Ones next?

A SLEEPY Thai town with dreams of reinventing itself as a global sports hub faces its...
PUBLISHED Oct 4, 2018 05:50 AM

OPINION

Trump's cyber security strategy is reckless

AT first glance, it would be easy to confuse the Trump administration's new National...
PUBLISHED Oct 4, 2018 05:50 AM
THE BOTTOM LINE

Disruption, technology and opportunity

DISRUPTION is all around us, and innovation is accelerating faster than ever before -...
PUBLISHED Oct 4, 2018 05:50 AM
EDITORIAL

Waiting out Trump era as America's global standing wanes

IT is entirely telling, if of absolutely no surprise, that the global image of the United...
PUBLISHED Oct 4, 2018 05:50 AM

Indonesia's pragmatic policies giving it resilience amid market turbulence

A RELATIVELY small shock spawned by the devaluation of Thai baht in 1997 triggered a...
PUBLISHED Oct 4, 2018 05:50 AM
COMMENTARY

Serving up the First Bank of Starbucks with coffee

ON Aug 3, Starbucks made an announcement which, though little noticed at the time,...
PUBLISHED Oct 4, 2018 05:50 AM
COMMENTARY

AI could well devastate the developing world

MOST studies of the impact of artificial intelligence on jobs and the economy have...
PUBLISHED Oct 4, 2018 05:50 AM
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