Friday, Oct 12, 2018

TOP STORIES

BT EXCLUSIVE

S$105.3m Nassim deal is highest for GCBs

IN what is believed to be the biggest transaction in absolute price terms in a Good Class...
PUBLISHED Oct 12, 2018 05:50 AM

Dealing with data in a Smart Nation

AS Singapore moves rapidly towards the goal of a Smart Nation where we, or rather our...
PUBLISHED Oct 12, 2018 05:50 AM

ABB's new innovation centre co-develops solutions with clients

FIRMS seeking better ways to run their plants or facilities can try out ABB's latest...
PUBLISHED Oct 12, 2018 05:50 AM

CPA Australia has new tech-focused courses for Singapore professionals

PROFESSIONAL accounting body CPA Australia has launched two new technology-focused...
PUBLISHED Oct 12, 2018 05:50 AM

30 Christmas trees to light up Marina Bay for charity

IN the spirit of giving and good cheer, 30 beautifully decked out Christmas trees -...
PUBLISHED Oct 12, 2018 05:50 AM

MAS watching property market after curbs

SINGAPORE'S central bank is keeping a close eye on the property market after the...
PUBLISHED Oct 12, 2018 05:50 AM
PM LEE IN BALI

Singapore, Indonesia plan US$10b stability package

A US$10 billion bilateral financial arrangement between Indonesia and Singapore will...
PUBLISHED Oct 12, 2018 05:50 AM
PM LEE IN BALI

Singapore, Indonesia commit to deepen trade, investment links

SINGAPORE and Indonesia have accomplished much together in the last few years and can do...
PUBLISHED Oct 12, 2018 05:50 AM
PM LEE IN BALI

Singapore tops World Bank human capital study

SINGAPORE got its top-of-the-world healthcare and education systems because its leaders...
PUBLISHED Oct 12, 2018 05:50 AM
PM LEE IN BALI

Asean leaders vow to uphold multilateralism, international cooperation

ASEAN remains committed to upholding the open and rules-based multilateral trading system...
PUBLISHED Oct 12, 2018 05:50 AM

COMPANIES & MARKETS

Delong CEO scraps takeover bid amid SIC probe into possible rule breach

DELONG Holdings chief executive's bid to privatise the Chinese steelmaker has been...
PUBLISHED Oct 12, 2018 05:50 AM

Top Glove Q4 net profit up 7.5% to RM101.6m

STRONGER demand for its products gave an earnings boost to rubber glove maker Top Glove...
PUBLISHED Oct 12, 2018 05:50 AM

Apple signs US$600m deal with Dialog Semiconductor for assets, staff

APPLE Inc has signed a deal with Dialog Semiconductor Plc to license the UK chip designer...
PUBLISHED Oct 12, 2018 05:50 AM

China brokerage slump may extend as retail investors flee

CHINESE brokerages may continue to plunge as retail investors flee the nation's...
PUBLISHED Oct 12, 2018 05:50 AM

Ganfeng Lithium down 29% on debut

CHINA's Ganfeng Lithium sank 29 per cent on its first day of trade in Hong Kong, a...
PUBLISHED Oct 12, 2018 05:50 AM

SPH Reit Q4 DPU up 0.7%

SPH Reit declared a distribution per unit (DPU) of 1.43 Singapore cents for the fourth...
PUBLISHED Oct 12, 2018 05:50 AM

Corporate digest

PRODUCTION studio Vividthree Productions, a wholly owned subsidiary of Catalist-listed...
PUBLISHED Oct 12, 2018 05:50 AM

FamilyMart inks 212b yen Don Quijote deal in race for growth

FAMILYMART UNY Holdings Co, Japan's second-largest convenience-store operator, will...
PUBLISHED Oct 12, 2018 05:50 AM

Brokers' take

The China authority learned lessons from last winter's coal-to-gas conversion...
PUBLISHED Oct 12, 2018 05:50 AM
STOCKS

Massive selloff sends STI 2.7% lower

SHARE prices in the Singapore bourse suffered a brutal selldown with the key Straits...
PUBLISHED Oct 12, 2018 05:50 AM
CURRENCIES

Dollar extends losses to hit 2-week low

THE DOLLAR extended losses and hit its lowest levels in nearly two weeks on Thursday...
PUBLISHED Oct 12, 2018 05:50 AM

REAL ESTATE

En bloc sales in Singapore cool after July property curbs

SINGAPORE residential-property investment sales have fallen after the latest round of...
PUBLISHED Oct 12, 2018 05:50 AM

HK billionaire plans revamp of Goldman's London HQ

JOSEPH LAU'S Chinese Estates Holdings has invited companies to pitch to redevelop...
PUBLISHED Oct 12, 2018 05:50 AM

Rentals for condominiums in Toronto reach new record

RENTING a condo in Toronto keeps getting more expensive. The average monthly rent for a...
PUBLISHED Oct 12, 2018 05:50 AM

Turkish billionaire seeks buyers for luxury hotels in southern Europe

TURKISH billionaire Ferit Sahenk's Dogus Holding is seeking buyers for luxury hotels...
PUBLISHED Oct 12, 2018 05:50 AM

UK surveyors see weakest residential price outlook since Brexit vote

BRITISH surveyors are the most downbeat about house prices since the Brexit vote in 2016...
PUBLISHED Oct 12, 2018 05:50 AM

BANKING & FINANCE

MARKET TURMOIL

Mnuchin, Fed officials downplay risks of stock rout as sell-off spreads

GLOBAL finance chiefs played down the economic risks posed by the biggest US stock sell-...
PUBLISHED Oct 12, 2018 05:50 AM

IMF to launch financial assistance talks with Pakistan: Lagarde

PAKISTAN has requested financial aid from the International Monetary Fund (IMF) to...
PUBLISHED Oct 12, 2018 05:50 AM

Asia shares plunge to 19-month lows

SHARE markets in Asia plunged to a 19-month low on Thursday after Wall Street's...
PUBLISHED Oct 12, 2018 05:50 AM

ENERGY & COMMODITIES

BP more optimistic as it plans investments at US$60-65 a barrel oil

BP BOSS Bob Dudley, among the first to say oil will stay lower for longer, is becoming...
PUBLISHED Oct 12, 2018 05:50 AM

China swoops in on Canada oil that's US$50 cheaper than US

CHINESE oil buyers are making a beeline for a bargain across the Pacific.
PUBLISHED Oct 12, 2018 05:50 AM

TECHNOLOGY

Microsoft CEO backs federal privacy law over state efforts

MICROSOFT Corp's chief executive officer Satya Nadella says his company supports...
PUBLISHED Oct 12, 2018 05:50 AM

Workers will earn more under new pay plan, says Amazon

AMAZON sent a letter to Senator Bernie Sanderson on Tuesday vowing that all of its hourly...
PUBLISHED Oct 12, 2018 05:50 AM

Telstra seeks to head off pay protest with apology to shareholders

AUSTRALIA'S largest telecom firm, Telstra Corp Ltd, wrote an apology to shareholders...
PUBLISHED Oct 12, 2018 05:50 AM

Micron to invest US$100m in AI startups

MICRON Technology said on Wednesday it planned to invest up to US$100 million in startup...
PUBLISHED Oct 12, 2018 05:50 AM

CONSUMER

World's largest fish market reopens at new site in Tokyo

THE WORLD'S largest fish market resumed operations at a new location in Tokyo on...
PUBLISHED Oct 12, 2018 05:50 AM

China border crackdown on luxury items spook big brand investors

CHINESE border guards searching travellers' suitcases for undeclared Louis Vuitton...
PUBLISHED Oct 12, 2018 05:50 AM

TRANSPORT

Passengers ready for world's longest flight

PASSENGERS were getting ready to board the world's longest flight on Thursday - a...
PUBLISHED Oct 12, 2018 05:50 AM

Tesla closing in on 1b yuan plot for China factory

TESLA INC is in the process of procuring land in Shanghai for its first factory outside...
PUBLISHED Oct 12, 2018 05:50 AM

BMW plans to take control of China joint venture

GERMAN LUXURY carmaker BMW announced on Thursday a plan to take control of its China...
PUBLISHED Oct 12, 2018 05:50 AM

GOVERNMENT & ECONOMY

IMF warns against trade and currency wars; urges fix to global rules

INTERNATIONAL Monetary Fund managing director Christine Lagarde on Thursday warned...
PUBLISHED Oct 12, 2018 05:50 AM
MARKET TURMOIL

Trump says Fed has 'gone crazy'; Lagarde disagrees

PRESIDENT Donald Trump's decision to blame the Federal Reserve for Wednesday's...
PUBLISHED Oct 12, 2018 05:50 AM
LATEST US DATA

US core inflation below estimates as used-car costs, housing rentals fall

A GAUGE of underlying US inflation was below estimates in September as used-vehicle costs...
PUBLISHED Oct 12, 2018 05:50 AM

Indonesia sees stresses as beneficial to spur reforms

INDONESIA'S weakening currency is a good thing as it will spur the government to...
PUBLISHED Oct 12, 2018 05:50 AM

LIFE & CULTURE

Thrill-seekers go to extreme haunts to get a good scare

ON a recent Saturday night, 10 anxious individuals were blindfolded and taken to a desert...
PUBLISHED Oct 12, 2018 05:50 AM
COMPANY OF GOOD

A Good Space helps you help others

CAN someone with an idea really make a significant impact on society? Last year, Daniel...
PUBLISHED Oct 12, 2018 05:50 AM

OPINION

#singaporetoo: How are our employers tackling the issue

Flip open any newspaper in 2018 and you'll likely find one (if not several) reports...
PUBLISHED Oct 12, 2018 05:50 AM
THE BOTTOM LINE

Climate catastrophe warnings greeted with global silence

NERO, the Roman emperor renowned for debauchery and extravagance, is said to have fiddled...
PUBLISHED Oct 12, 2018 05:50 AM
EDITORIAL

Managing road congestion in age of autonomous cars, ride-hailing

AMERICAN ride-hailing firm Uber's exit from Singapore following its merger with Grab...
PUBLISHED Oct 12, 2018 05:50 AM

Asean and India: Fundamentals shielding region from turmoil

EMERGING markets are back in the spotlight as their financial systems deal with the...
PUBLISHED Oct 12, 2018 05:50 AM
COMMENTARY

A veto that heralds prolonged US-China strategic rivalry

THE recent "veto" clause in the United States-Mexico-Canada Agreement (USMCA)...
PUBLISHED Oct 12, 2018 05:50 AM
COMMENTARY

Rome's budget antics threaten to drag EU and euro into crisis

US policymakers and world financial markets are surprisingly calm about the deepening...
PUBLISHED Oct 12, 2018 05:50 AM

Lifestyle

More budding than blossoming

IF you think only crazy rich Asians flock to Marina Bay Sands, you're right, sort of...
PUBLISHED Oct 12, 2018 05:50 AM

Sommeliers finding room to mature

OVER the past 15 years, Patrick Cappiello has been one of New York's most...
PUBLISHED Oct 12, 2018 05:50 AM

Surreal Sri Lanka

THE STORY BEGINS in Colombo, when your plane touches down and suddenly the world seems to...
PUBLISHED Oct 12, 2018 05:50 AM

Cyndi Lauper

SOMETIME IN 1983, THE world sat up and noticed on TV a petite redhead dancing like a...
PUBLISHED Oct 12, 2018 05:50 AM

Young Guns

Before the Singapore Art Museum (SAM) closes for a three-year renovation, it is mounting...
PUBLISHED Oct 12, 2018 05:50 AM

High On Highballs

The best drink to cool down with on a hot day is not an ice cold beer as you might think...
PUBLISHED Oct 12, 2018 05:50 AM

Step Up

See the best of contemporary and classical dance at the Esplanade’s popular annual da:ns...
PUBLISHED Oct 12, 2018 05:50 AM

Pop Opera

Il Divo celebrates its 15th anniversary with its new album Timeless, and a world tour...
PUBLISHED Oct 12, 2018 05:50 AM

Spice Of Life

It’s easy to fall in love with Sri Lankan cuisine. But first you have to find it
PUBLISHED Oct 12, 2018 05:50 AM

Room To Grow

LOOKS CAN BE deceiving at the home of Chris Chen and Tina Yeo. From the outside, it looks...
PUBLISHED Oct 12, 2018 05:50 AM

Pure Passion

A CLOTHING LINE that refuses to follow the fashion calendar. It makes its clothes in a...
PUBLISHED Oct 12, 2018 05:50 AM

Star Power

​YEARS AGO, AS I pondered the purchase of a Patek Philippe Aquanaut, I happened to spot...
PUBLISHED Oct 12, 2018 05:50 AM

Champion Of Regional Art

​THE ART MARKET has seen the closure of several small and mid-size galleries in recent...
PUBLISHED Oct 12, 2018 05:50 AM

Power Play At SIFA 2019

​AGAINST THE BREATHTAKING BACKDROP of the Prambanan temples in Jogjakarta, legendary...
PUBLISHED Oct 12, 2018 05:50 AM
PUBLISHED Oct 12, 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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