Saturday, Nov 10, 2018

TOP STORIES

Voluntary delisting offer: SGX Regco proposing shift of voting power to minorities

THE Singapore Exchange (SGX) Regco is proposing changes to the voluntary delisting rules...
PUBLISHED Nov 10, 2018 05:50 AM

Less than half in survey confident Singapore will be cashless soon

THE majority of consumers in Singapore would like for the country to become a cashless...
PUBLISHED Nov 10, 2018 05:50 AM

LTA announces changes to parking provisions from February 2019

REVISIONS to parking requirements for private and commercial developments will kick in...
PUBLISHED Nov 10, 2018 05:50 AM
STARTUPS

Hafnium Hafaway in S$20m tie-up with A*Star arm for specialty chemicals sub-sector

SINGAPORE'S Agency for Science, Technology and Research's (A*Star) newly-...
PUBLISHED Nov 10, 2018 05:50 AM

Startup Sygnum in tie-up with blockchain firm daura

FINTECH startup Sygnum on Friday announced its partnership with blockchain company daura...
PUBLISHED Nov 10, 2018 05:50 AM

SESTO Robotics spins off from HOPE Technik, bags S$4m Series A funding

SESTO Robotics, a robotics and autonomous technology solutions startup, announced the...
PUBLISHED Nov 10, 2018 05:50 AM

Sunseap to build offshore floating solar farm

SUNSEAP Group is developing one of the world's largest offshore floating...
PUBLISHED Nov 10, 2018 05:50 AM

MAS files police report against author of 'baseless and defamatory' 1MDB-related article

THE allegations made in an online article against Prime Minister Lee Hsien Loong and the...
PUBLISHED Nov 10, 2018 05:50 AM

Lighting up a tribute to those who give

THIRTY Christmas trees were lit up at Marina Bay on Friday evening in a tribute to...
PUBLISHED Nov 10, 2018 05:50 AM

Tourist spending down 1.7% in Q2, despite 8% increase in visitor arrivals: STB

OVERALL tourism spending in the second quarter of this year declined 1.7 per cent to S$6...
PUBLISHED Nov 10, 2018 05:50 AM

China's producer inflation slows again in Oct as domestic demand ebbs

CHINA'S factory-gate inflation slowed for the fourth month in October amid cooling...
PUBLISHED Nov 10, 2018 05:50 AM

Fed holds rates unchanged ahead of expected hike in December

THE Federal Reserve left interest rates unchanged and stayed on course to hike in...
PUBLISHED Nov 10, 2018 05:50 AM

COMPANIES & MARKETS

StarHub Q3 earnings slip on operating costs

STARHUB'S cost of sales raced ahead of revenue growth in the third quarter, fuelling...
PUBLISHED Nov 10, 2018 05:50 AM

ComfortDelGro Q3 profit falls 2%

TRANSPORT giant ComfortDelGro has posted a net profit of S$78.5 million for the third...
PUBLISHED Nov 10, 2018 05:50 AM

Corporate digest

TIGER Balm maker Haw Par Corp has posted a net profit of S$57.2 million in the third...
PUBLISHED Nov 10, 2018 05:50 AM

Frasers Property's full-year net profit rises 10% to S$759m

FAIR-value gains, the timing of sales settlements of development projects in Singapore...
PUBLISHED Nov 10, 2018 05:50 AM

Resolutions to approve schemes passed: Noble

THE board of Noble Group on Friday announced that resolutions to approve both its English...
PUBLISHED Nov 10, 2018 05:50 AM

World's big stock losers are winners in China: UBS

A CLASSIC investing strategy favoured by the likes of Warren Buffett and Benjamin Graham...
PUBLISHED Nov 10, 2018 05:50 AM

F&N net profit dives 90.5% on absence of one-off gain

HIGHER finance costs and the absence of a one-off gain put a dent in Fraser & Neave...
PUBLISHED Nov 10, 2018 05:50 AM

Lippo Malls Indonesia Retail Trust's DPU dips 43% in Q3

LIPPO Malls Indonesia Retail Trust (LMIRT) has posted a distribution per unit (DPU) of 0...
PUBLISHED Nov 10, 2018 05:50 AM
HOT STOCK

Genting Singapore shares up 7% after posting 46% rise in Q3 profits

SHARES of mainboard-listed Genting Singapore advanced during Friday's trading...
PUBLISHED Nov 10, 2018 05:50 AM

How Toshiba lost US$806 million buying into America's LNG boom

BUY high, sell low and guarantee a loss. It was not exactly what Toshiba Corp planned...
PUBLISHED Nov 10, 2018 05:50 AM

China banks fall on concern that govt loan targets are a step too far

CHINA'S biggest banks dragged down the stock market on Friday as investors took a...
PUBLISHED Nov 10, 2018 05:50 AM
STOCKS

Trade tensions continue to depress Asian markets

ASIAN markets ended a choppy week lower on Friday, tracking US markets as relief over the...
PUBLISHED Nov 10, 2018 05:50 AM

Brokers' take

SATS Ltd delivered a 4.2 per cent year-on-year (yoy) rise in revenue to S$453.1 million...
PUBLISHED Nov 10, 2018 05:50 AM

REAL ESTATE

SRX website, app offer service to help users switch electricity provider

HOUSEHOLDS can switch their electricity retailer online in just a few clicks with a new...
PUBLISHED Nov 10, 2018 05:50 AM

Naumi Hotels expands portfolio with acquisition of two hotels in Wellington

SINGAPORE-BASED hospitality group Naumi Hotels is expanding its footprint in the region...
PUBLISHED Nov 10, 2018 05:50 AM

Study finds more than 50m homes lying vacant in China

CHINESE President Xi Jinping's mantra that homes should be for living in is falling...
PUBLISHED Nov 10, 2018 05:50 AM

Selling a penthouse to Amazon's Jeff Bezos is a broker's dream

THE sales team at Queens brokerage Modern Spaces in New York met on Tuesday to discuss...
PUBLISHED Nov 10, 2018 05:50 AM

UBS stakes claim on Manafort's forfeited tower apartment

UBS Group has staked its claim on Paul Manafort's Trump Tower apartment, which he...
PUBLISHED Nov 10, 2018 05:50 AM

Reits

Highest-yielding real estate investment trusts
PUBLISHED Nov 10, 2018 05:50 AM

LIFE & CULTURE

THE BROAD VIEW

The mad dash to find a cybersecurity force

A STUNNING statistic is reverberating in cybersecurity: an estimated 3.5 million...
PUBLISHED Nov 10, 2018 05:50 AM
THE BROAD VIEW

Why Elon Musk fears artificial intelligence

ELON Musk is usually far from a technological pessimist. From electric cars to Mars...
PUBLISHED Nov 10, 2018 05:50 AM
THE FINISH LINE

Battle for Manchester's bragging rights

THE swagger at Manchester United, missing for so much of the season, seems to have...
PUBLISHED Nov 10, 2018 05:50 AM

Here's a look into the business of making Fido earn his keep

PET ownership comes with many perks. There's the unconditional love, the furry...
PUBLISHED Nov 10, 2018 05:50 AM
QUESTION TIME WITH MENTOR JOHN

Handling stress

YOUR employees are feeling more and more stressed at work. A 2017/ 2018 survey found that...
PUBLISHED Nov 10, 2018 05:50 AM
OFFBEAT

I don't think you're ready for this jelly

IT was an idyllic day in Phuket. I had just told my husband: "I could float around...
PUBLISHED Nov 10, 2018 05:50 AM
DISRUPTED

Go Anywhr!

THE best things in life aren't planned - they simply just happen!...
PUBLISHED Nov 10, 2018 05:50 AM
HEALTH

More needs to be done to manage myopia in children

RECENTLY my clinic was running very low on unit vials of low dose (0.01 per cent)...
PUBLISHED Nov 10, 2018 05:50 AM

THE RAFFLES CONVERSATION

Banking on digital

TOO much of a good thing can lead to indigestion - this axiom extends well beyond...
PUBLISHED Nov 10, 2018 05:50 AM

INVESTING & WEALTH

Are rising rates, trade woes and US mid-terms causes for concern?

OCTOBER was a bad month for shares, with global shares losing 7.57 per cent in US dollar...
PUBLISHED Nov 10, 2018 05:50 AM
VALUE INSIGHT

What's in a name?

LATE October, Global Invacom announced a reverse takeover deal, which, among other...
PUBLISHED Nov 10, 2018 05:50 AM
CFA SINGAPORE INSIGHTS

Banking at critical juncture with dawn of fintech

FLYING across the world for pleasure or business has become so common today that it'...
PUBLISHED Nov 10, 2018 05:50 AM

Norway's US$1t wealth fund mulls over investment strategy in review

IT'S the very definition of a First-World problem, but Norway's US$1 trillion...
PUBLISHED Nov 10, 2018 05:50 AM

Foreign buying jumps in China's US$1.4t bad debt market

FOREIGN investors are increasing their presence in China's distressed debt market...
PUBLISHED Nov 10, 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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