Wednesday, Nov 14, 2018

TOP STORIES

CapitaLand, GIC jointly acquire Shanghai's twin towers

CAPITAL recycling at CapitaLand moved up a gear with its latest purchase of an iconic...
PUBLISHED Nov 14, 2018 05:50 AM
NEWS ANALYSIS

Billion-dollar en bloc candidates still in play, but will developers bite?

MANDARIN Gardens, a 99-year leasehold condominium, recently raised its asking price by...
PUBLISHED Nov 14, 2018 05:50 AM
SINGAPORE FINTECH FESTIVAL 2018

Asean fintechs attracted 25% more funding this year: report

FINTECH firms based in Singapore attracted 25 per cent more funding in the first 10...
PUBLISHED Nov 14, 2018 05:50 AM

SGX moves to T+2 securities settlement cycle starting Dec 10

THE Singapore Exchange (SGX) will launch a new securities settlement and depository...
PUBLISHED Nov 14, 2018 05:50 AM

The Smart City way to securing Singapore and its borders

WITH advancing technology and the ubiquitous Internet, it is easy for any organisation to...
PUBLISHED Nov 14, 2018 05:50 AM
ASEAN SUMMIT 2018

China has the conditions to 'energise' market: Premier Li

DESPITE its slowing economy, China will continue to open up its market while streamlining...
PUBLISHED Nov 14, 2018 05:50 AM
ASEAN SUMMIT 2018

Multilateralism a core factor in ensuring Asean's growth: PM Lee

PRIME Minister Lee Hsien Loong on Tuesday underlined Asean's strong belief that...
PUBLISHED Nov 14, 2018 05:50 AM
ASEAN SUMMIT 2018

China-backed RCEP trade deal pushed back to 2019

A CHINA-backed bid to complete the world's largest trade deal - without the United...
PUBLISHED Nov 14, 2018 05:50 AM
ASEAN SUMMIT 2018

Putin breaks ground for new Russian Cultural Centre

A RUSSIAN Cultural Centre that houses a Russian Orthodox Church will rise at an empty...
PUBLISHED Nov 14, 2018 05:50 AM
ASEAN SUMMIT 2018

Asean should take advantage of opportunities in trade war

THE trade war between the US and China presents opportunities for Asean as companies look...
PUBLISHED Nov 14, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

After Temasek whets appetite for retail bonds, what's next on the menu?

FOLLOWING the hot reception for Temasek Holdings' 2.7 per cent retail bonds sold...
PUBLISHED Nov 14, 2018 05:50 AM

DBS shuffles senior management team, grooms talent within

DBS Group Holdings has made several senior appointments that will take effect over the...
PUBLISHED Nov 14, 2018 05:50 AM

Corporate digest

REAL estate developer Yanlord Land Group recorded a 61.3 per cent increase in its third...
PUBLISHED Nov 14, 2018 05:50 AM
STOCKS

Asian markets pare losses after hectic trade

ASIAN markets pared losses at Tuesday's closing bell, after tracking a frantic...
PUBLISHED Nov 14, 2018 05:50 AM

Brokers' take

We expect ST Engineering - scheduled to announce its Q3 2018 results on Nov 14, to report...
PUBLISHED Nov 14, 2018 05:50 AM
CURRENCIES

Euro inches up but Italy, Brexit test nerves

THE euro edged up from a 16-month low on Tuesday as some investors consolidated positions...
PUBLISHED Nov 14, 2018 05:50 AM

High fuel prices send SIA's Q2 profits tumbling 81%

NATIONAL carrier Singapore Airlines' bottom line headed south for the second quarter...
PUBLISHED Nov 14, 2018 05:50 AM

UOL to launch two projects in 2Q 2019; Q3 profit slides 85%

DESPITE highlighting that the July cooling measures have affected sentiment in the...
PUBLISHED Nov 14, 2018 05:50 AM

Golden Agri reverses to loss of US$53.9m in Q3

GOLDEN Agri-Resources slipped into the red for the third quarter despite an increase in...
PUBLISHED Nov 14, 2018 05:50 AM

Noble Group's Q3 net loss narrows to US$99m

CONSTRAINTS on liquidity and on the availability of trade finance continued to dampen...
PUBLISHED Nov 14, 2018 05:50 AM

REAL ESTATE

Condo resale prices dip 0.4% in October

RESALE prices of private non-landed homes in Singapore declined for the third straight...
PUBLISHED Nov 14, 2018 05:50 AM

HDB launches over 7,000 flats for sale, including first BTO project in Tengah

THE Housing and Development Board (HDB) launched 7,214 flats for sale on Tuesday under...
PUBLISHED Nov 14, 2018 05:50 AM

3 Kampong Glam shophouses up for sale at S$29.5m

PRIVATE equity-owned Columbia Real Estate is offering three restored adjoining...
PUBLISHED Nov 14, 2018 05:50 AM

Keppel Land ready to roll out AI-backed smart homes

KEPPEL Land and Habitap have unveiled Singapore's first smart home powered by...
PUBLISHED Nov 14, 2018 05:50 AM

Buffett to expand real estate empire to Milan, Dubai

ONE of Warren Buffett's real estate brokerages waited 18 years to sign its first...
PUBLISHED Nov 14, 2018 05:50 AM

BANKING & FINANCE

Goldman Sachs bankers 'cheated' Malaysia over 1MDB: Mahathir

BANKERS at Goldman Sachs Group Inc "cheated" Malaysia in dealings with state...
PUBLISHED Nov 14, 2018 05:50 AM

Ripple Labs CEO says it will overtake Swift banking network

RIPPLE Labs Inc, the blockchain startup whose digital money is often used as a proxy for...
PUBLISHED Nov 14, 2018 05:50 AM
COMMENTARY

Trump's  pick for  world's financial watchdog faces resistance

IT seemed like good news for the global economy when Randall Quarles, the Federal Reserve...
PUBLISHED Nov 14, 2018 05:50 AM

Yuan inches up against US dollar as China state banks step in

CHINA'S yuan slowly rallied against the US dollar on Tuesday morning as major state...
PUBLISHED Nov 14, 2018 05:50 AM

ENERGY & COMMODITIES

Pavilion Energy eyes role in LNG project backed by Russian tycoon

TEMASEK-INVESTED Pavilion Energy is mulling over a role in the US$25.5 billion liquefied...
PUBLISHED Nov 14, 2018 05:50 AM

India palm oil imports unlikely to rise despite fall in prices

INDIA'S palm oil imports are unlikely to climb over November to January even as...
PUBLISHED Nov 14, 2018 05:50 AM

Clean energy is surging - but not fast enough to solve global warming

OVER the next two decades, the world's energy system will undergo a huge...
PUBLISHED Nov 14, 2018 05:50 AM

Asia's expecting milder winter in 2018 - and no mad dash for LNG

PROSPECTS for a milder winter in Asia may make the frenzied seasonal hunt for liquefied...
PUBLISHED Nov 14, 2018 05:50 AM

TECHNOLOGY

Amazon to pick NYC, Northern Virginia for split 'HQ2': source

AMAZON.COM Inc was set to announce on Tuesday that it has selected New York and Northern...
PUBLISHED Nov 14, 2018 05:50 AM

Fears of iPhone peaking rattle Apple suppliers in Asia

SHARES in Asian suppliers and assemblers for Apple Inc fell on Tuesday after several...
PUBLISHED Nov 14, 2018 05:50 AM

The smartphone's facing an uncertain future

WHAT is next for the smartphone, which has become the hottest-selling consumer device...
PUBLISHED Nov 14, 2018 05:50 AM
NEWS ANALYSIS

How one family built an US$8b software startup

THE tech industry's newest billionaires are a pair of brothers who started a...
PUBLISHED Nov 14, 2018 05:50 AM

CONSUMER

Competition to AmazonGo hails from unlikely source

AMAZON.COM Inc set off a global race to automate grocery shopping. The latest entrant...
PUBLISHED Nov 14, 2018 05:50 AM

Netflix to test cheaper version in selected markets to boost sales

NETFLIX will test a lower-priced version of its film and television streaming service in...
PUBLISHED Nov 14, 2018 05:50 AM

Roche's drug for hard-to-treat breast cancer gets speedy review from US

SWISS drugmaker Roche said on Tuesday its Tecentriq medicine will get a speedy review by...
PUBLISHED Nov 14, 2018 05:50 AM

Record paid for Magritte piece as Monet, Manet passed over

NEW records for paintings by Rene Magritte and Oskar Kokoschka were the highlights of an...
PUBLISHED Nov 14, 2018 05:50 AM

Taiwan grandpa catches 'em all playing Pokemon Go on 15 phones

CHEN San-yuan turns heads as he cycles through a suburb of Taipei, Taiwan's capital...
PUBLISHED Nov 14, 2018 05:50 AM

TRANSPORT

STRAIT TALK

Time to relook updated training for seafarers

IT APPEARS that the rules governing the way seafarers train and obtain their...
PUBLISHED Nov 14, 2018 05:50 AM

Vietnam's newest airline Bamboo gets aviation licence

VIETNAM'S newest carrier Bamboo Airways has been granted a licence to fly, officials...
PUBLISHED Nov 14, 2018 05:50 AM

Cathay says 'most intense' period of data breach lasted for three months

THE world's biggest airline data breach, affecting millions of Cathay Pacific...
PUBLISHED Nov 14, 2018 05:50 AM

Thyssenkrupp eyeing outgoing Daimler CFO as chairman: sources

GERMAN multinational conglomerate Thyssenkrupp will propose Daimler's outgoing chief...
PUBLISHED Nov 14, 2018 05:50 AM

Waymo may start first driverless car service in December

IN JUST a few weeks, humanity may take its first paid ride into the age of driverless...
PUBLISHED Nov 14, 2018 05:50 AM

GOVERNMENT & ECONOMY

May sees end to tough Brexit talks amid resistance

BRITISH Prime Minister Theresa May is facing overwhelming difficulties as she ties up the...
PUBLISHED Nov 14, 2018 05:50 AM

China Oct loan data disappoints, signals further slowing

CHINA'S credit growth slowed sharply in October, despite pressure by regulators on...
PUBLISHED Nov 14, 2018 05:50 AM

India's retail inflation rate drops sharply, giving RBI breathing space

INDIA'S retail inflation rate dropped sharply in October, giving the central bank...
PUBLISHED Nov 14, 2018 05:50 AM

Khashoggi tape doesn't implicate Saudi prince: Bolton

PEOPLE who've heard a recording of Saudi columnist Jamal Khashoggi's murder don...
PUBLISHED Nov 14, 2018 05:50 AM

Thai junta and Thaksin-backed populists face off before 2019 poll

BATTLE lines are being drawn between Thailand's military government and the populist...
PUBLISHED Nov 14, 2018 05:50 AM

LIFE & CULTURE

OBITUARY

Stan Lee, Marvel superman, dies at age 95

IF STAN LEE revolutionised the comic book world in the 1960s, which he did, he left as...
PUBLISHED Nov 14, 2018 05:50 AM

Animal rights groups cheer as Jean Paul Gaultier goes fur-free

ANIMAL rights groups on Monday hailed French fashion giant Jean Paul Gaultier's...
PUBLISHED Nov 14, 2018 05:50 AM

EXECUTIVE MONEY

Here's how to deal with volatility

IN a year full of debate on whether stocks have peaked, one thing is clear: Volatility is...
PUBLISHED Nov 14, 2018 05:50 AM

Hedge funds turn short on Nasdaq futures while ETFs see outflows

SEVEN weeks into the sell-off in technology stocks, sentiment towards the industry is...
PUBLISHED Nov 14, 2018 05:50 AM

EMs again haunted by 'double whammy' of oil, USD rising in tandem

EMERGING markets (EMs) are already contending with US-China trade tensions, policy...
PUBLISHED Nov 14, 2018 05:50 AM

Inverting the pyramid

MARKETS feel shaky and have felt so for most of the year. Positive news from the United...
PUBLISHED Nov 14, 2018 05:50 AM

OPINION

THE BOTTOM LINE

What in the world happened to Brazil?

I THINK I can now take some time off from the US political crisis to talk about events...
PUBLISHED Nov 14, 2018 05:50 AM
EDITORIAL

Communication is key when shareholders clash over majority- minority interests

WHEN framing corporate governance rules and regulations, the presumption is that...
PUBLISHED Nov 14, 2018 05:50 AM

Singapore: A global gateway for Russian enterprises?

VLADIMIR Putin's visit to Singapore this week, for the first time in almost 20 years...
PUBLISHED Nov 14, 2018 05:50 AM

US faces credibility trap as China looks a century ahead

SINGAPORE'S former prime minister and now Emeritus Senior Minister Goh Chok Tong sat...
PUBLISHED Nov 14, 2018 05:50 AM
COMMENTARY

DanSing Bridge: Singapore and Denmark's fintech tie-up

IN 2017, Singapore and Denmark planted the seeds for a strong fintech bond. Three...
PUBLISHED Nov 14, 2018 05:50 AM

BREAKING NEWS

Dec 18, 2018 09:54 PM

Trendlines plans to launch agrifood tech innovation centre in Singapore

THE Trendlines Group on Tuesday said it intends to open a Singapore-based innovation centre focused on developing...
Dec 18, 2018 09:54 PM

EU to cut new car emissions by 37.5 per cent by 2030

[BRUSSELS] The European Union forged ahead Tuesday with plans to slash carbon dioxide emissions from new cars and vans...
Dec 18, 2018 09:38 PM

Indians are buying gold for as little as one rupee

[NEW DELHI] Indians are buying gold for as little as one rupee (2 Singapore cents) as retailers offer online sales in...
Dec 18, 2018 09:19 PM

Dutch government launches new bid to curb bankers' pay

[AMSTERDAM] The Dutch government on Tuesday unveiled new plans to tighten up rules covering bankers' pay,...
Dec 18, 2018 09:12 PM

Hyflux says case management conference scheduled for Jan 14

HYFLUX on Tuesday said the Supreme Court Registry has scheduled a case management conference to be held on Jan 14,<...
Dec 18, 2018 09:05 PM

US financial regulator warns on no-deal Brexit: report

[LONDON] The head of the US Securities and Exchange Commission wants no disruption to financial markets in the event of...
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