Tuesday, Oct 23, 2018

TOP STORIES

Raise CPF withdrawal age amid growing lifespans: study

SINGAPORE can improve its pension system by raising the Central Provident Fund withdrawal...
PUBLISHED Oct 23, 2018 05:50 AM

Easier, safer access to e-govt services with SingPass Mobile

SINGPASS Mobile was launched on Monday to allow individuals to more easily and securely...
PUBLISHED Oct 23, 2018 05:50 AM

Global growth outlook dims amid concerns over trade war, tightening financial conditions

THE outlook for global growth in 2019 has dimmed for the first time, according to Reuters...
PUBLISHED Oct 23, 2018 05:50 AM

Singapore to be investment broker for Asia's infrastructure

SINGAPORE plans to spur investment in much-needed infrastructure in South-east Asia by...
PUBLISHED Oct 23, 2018 05:50 AM

BuildTech showcases innovative tech for construction sector

CAN robots build cities? Increasingly so, it appears.
PUBLISHED Oct 23, 2018 05:50 AM

Uber to appeal Singapore's competition watchdog decision on Grab deal

UBER Technologies Inc has decided to appeal a decision by the Singapore competition...
PUBLISHED Oct 23, 2018 05:50 AM
OPINION

Silver workforce can play a part in Singapore's future

SINGAPORE prides itself as a nation with one of the highest employment rates for people...
PUBLISHED Oct 23, 2018 05:50 AM

Pavilion Energy to double LNG fleet with BW charters

TEMASEK-OWNED Pavilion Energy has agreed to hire two newbuild liquefied natural gas...
PUBLISHED Oct 23, 2018 05:50 AM

Expect a '3 plus and minus 5%' model of future growth

INSTEAD of the "5 plus and minus 1" per cent growth of yesteryear, Singapore...
PUBLISHED Oct 23, 2018 05:50 AM

US$12b earmarked for Asean enterprises on new platform

ON a new deal-making platform, 380 investors have indicated intentions to invest up to US...
PUBLISHED Oct 23, 2018 05:50 AM

BP uses borrowed tech to drive billions in savings

AS the sun reaches its crest over Oman's sandy landscape, temperatures soar past the...
PUBLISHED Oct 23, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Keeping to the spirit of AGMs

THE latest season of Annual General Meetings (AGMs) - the once-a-year affair in which...
PUBLISHED Oct 23, 2018 05:50 AM

Raffles Infrastructure unit inks preliminary pact for 6b yuan China rail project

RAFFLES Infrastructure Holdings, formerly known as China Fibretech, said on Monday...
PUBLISHED Oct 23, 2018 05:50 AM

MeGroup prices IPO at S$0.23 a share to raise S$2.4m

MALAYSIAN car dealership and automotive parts maker MeGroup has priced its initial public...
PUBLISHED Oct 23, 2018 05:50 AM

Corporate digest

CATALIST-LISTED property developer Emerging Towns & Cities Singapore (ETC) has...
PUBLISHED Oct 23, 2018 05:50 AM

SembMarine unit secures US$166m job on Teekay vessel

SUBSIDIARIES of Sembcorp Marine (SembMarine) and Teekay Offshore Partners have signed a...
PUBLISHED Oct 23, 2018 05:50 AM

Mapletree Logistics Trust posts higher Q2 DPU at 1.958 cents

DISTRIBUTION per unit for Mapletree Logistics Trust edged up to 1.958 Singapore cents...
PUBLISHED Oct 23, 2018 05:50 AM

KIT unit Basslink 'strongly rejects' Hydro Tasmania's allegations

KEPPEL Infrastructure Trust's Australian subsidiary Basslink "strongly rejects...
PUBLISHED Oct 23, 2018 05:50 AM

PayPal backs emerging markets lender Tala

PAYPAL Inc Holdings Inc has made a strategic investment in Tala, a financial technology...
PUBLISHED Oct 23, 2018 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Oct 23, 2018 05:50 AM
STOCKS

Asian markets rise on Chinese surge

ASIAN markets mostly edged higher on Monday as Chinese stocks surged following the...
PUBLISHED Oct 23, 2018 05:50 AM

Brokers' take

The recent sell-off presents a buying opportunity. We believe Yangzijiang deserves to...
PUBLISHED Oct 23, 2018 05:50 AM
CURRENCIES

Euro rally proves temporary despite relief over Italian budget

THE euro failed to hold early-session gains on Monday as investors focused on the...
PUBLISHED Oct 23, 2018 05:50 AM

REAL ESTATE

Cooling measures 'dampened developers' sentiment'

PROPERTY-cooling measures announced in July have dampened sentiment towards the Singapore...
PUBLISHED Oct 23, 2018 05:50 AM

China Evergrande seeks US$1.5b via tower financing

HIGHLY-LEVERAGED property firm China Evergrande Group is in talks with financial...
PUBLISHED Oct 23, 2018 05:50 AM

As co-working rises, US owners copy hotel model to cut risk

LEADING owners of prime US office space are taking a page from the hotel industry to...
PUBLISHED Oct 23, 2018 05:50 AM

Warehouses see demand for storing collectors' cars

IT'S easy enough to build a basement cellar for your collection of Lafites and...
PUBLISHED Oct 23, 2018 05:50 AM

BANKING & FINANCE

How Blackstone landed US$20b from Saudis

WHEN Saudi Arabia pledged as much as US$20 billion to help Blackstone Group LP build the...
PUBLISHED Oct 23, 2018 05:50 AM

Japan's financial system can withstand easing for now: BOJ

THE Bank of Japan (BOJ) said that the financial system remains stable and growth in bank...
PUBLISHED Oct 23, 2018 05:50 AM

China brokers lead biggest rally since 2015 amid state support

CHINESE brokerages led the biggest rally in three years after authorities announced...
PUBLISHED Oct 23, 2018 05:50 AM

Russian oligarch files suit against Nordic banks

BILLIONAIRE Boris Rotenberg filed a lawsuit against Nordic lenders including Nordea Bank...
PUBLISHED Oct 23, 2018 05:50 AM

ENERGY & COMMODITIES

'No intention' of 1973-style oil embargo, says Saudi Arabia

SAUDI Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers...
PUBLISHED Oct 23, 2018 05:50 AM

BASF, Nornickel join forces in electric vehicle battery push

GERMANY'S BASF and Russia's Norilsk Nickel (Nornickel) have signed a nickel and...
PUBLISHED Oct 23, 2018 05:50 AM

Asia's slowing LNG demand growth to curb spot market buying

ASIA'S demand growth for short-term, or spot, cargoes of liquefied natural gas (LNG...
PUBLISHED Oct 23, 2018 05:50 AM

Australia's WorleyParsons to buy Jacobs energy, resources arm for US$3.3b

US firm Jacobs Engineering Group Inc has agreed to sell its energy, chemicals and...
PUBLISHED Oct 23, 2018 05:50 AM

TECHNOLOGY

Alibaba expands cloud business to UK with new data centres

THE cloud-computing arm of Chinese retail giant Alibaba Group Holding Ltd opened its...
PUBLISHED Oct 23, 2018 05:50 AM
COMMENTARY

Hong Kong's tech dreams are becoming a nightmare

HONG KONG'S latest plan to become a listing destination for the region's tech...
PUBLISHED Oct 23, 2018 05:50 AM

Tokyo wants more price competition among telcos

JAPAN'S government wants to see greater price competition among the nation's...
PUBLISHED Oct 23, 2018 05:50 AM

CONSUMER

Philips tumbles on lacklustre profit and health unit performance

ROYAL PHILIPS NV shares tumbled the most in more than seven years after the Dutch health...
PUBLISHED Oct 23, 2018 05:50 AM

China biotech keeps long-term shine despite wild swings and sky-high valuations

THERE seems to be no end to the troubles afflicting Chinese biotechnology stocks. Shares...
PUBLISHED Oct 23, 2018 05:50 AM

Craft beer brews up a storm as trademarks soar to a record

CRAFT-BEER lovers in the UK have never had so many choices on tap.
PUBLISHED Oct 23, 2018 05:50 AM

TRANSPORT

Truck makers revving up for rollout of electric freight haulers

TESLA chief executive Elon Musk put electric-powered heavy commercial trucks on the map...
PUBLISHED Oct 23, 2018 05:50 AM

Saudi metro is key part of French RATP's foreign growth drive

FRENCH state-owned public transport firm RATP aims to more than double its foreign...
PUBLISHED Oct 23, 2018 05:50 AM

After taking Europe, Germany's Uber for buses targets Manhattan

FLIXMOBILITY, a German startup that has shaken up bus travel in Europe, will expand to...
PUBLISHED Oct 23, 2018 05:50 AM

GOVERNMENT & ECONOMY

Saudi summit loses its swagger as elites question kingdom

IT'S an investment summit in the shadow of a killing: stripped of the glitz and...
PUBLISHED Oct 23, 2018 05:50 AM

Eurozone banks hope for ECB lifeline as long-term loans start to mature

EURO-AREA lenders are facing a cliff edge for their funding, and some are hoping that the...
PUBLISHED Oct 23, 2018 05:50 AM

LIFE & CULTURE

Wanda Ferragamo, who built up a fashion giant, dies at 96

WANDA Ferragamo, who took over her husband's shoe-design and manufacturing business...
PUBLISHED Oct 23, 2018 05:50 AM

Bordeaux headed for 'great, classic' vintage

BORDEAUX wine-makers are heading for a "great, classic" vintage this year,...
PUBLISHED Oct 23, 2018 05:50 AM

Fright flick Halloween leads box office

MOVIE-goers really like to be scared, and Universal gleefully accommodated them last...
PUBLISHED Oct 23, 2018 05:50 AM

SME

Spearheading transformation in the semiconductor industry

THE journey of Feinmetall Singapore began when general manager Sam Chee Wah set sights on...
PUBLISHED Oct 23, 2018 05:50 AM

OPINION

Weighing the likelihood of a US-China war

AGAINST the backdrop of growing tensions between Washington and Tokyo, renowned American...
PUBLISHED Oct 23, 2018 05:50 AM
THE BOTTOM LINE

Brexit in danger of meaning what it says

THERE is a brand of sealants whose slogan used to be "It Does What It Says On The...
PUBLISHED Oct 23, 2018 05:50 AM
EDITORIAL

US campaign against China is heating up on all fronts

NOTHING, it seems, is being overlooked in America's trade and strategic...
PUBLISHED Oct 23, 2018 05:50 AM

Harmony needed to achieve best results at AGMs

FOR shareholders of listed companies, the Annual General Meeting (AGM) offers a once-a-...
PUBLISHED Oct 23, 2018 05:50 AM
COMMENTARY

Are Singaporeans ready for AI?

SINGAPORE has gained a reputation for being a leader in emerging technology, with its...
PUBLISHED Oct 23, 2018 05:50 AM
COMMENTARY

Singapore-Bangladesh ties a study in complementarity for win-win gains

THE Bangladesh economy finds itself on the cusp of transformative growth, ready to make...
PUBLISHED Oct 23, 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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