Tuesday, Nov 20, 2018

TOP STORIES

BT EXCLUSIVE

Business climate worsens, but Singapore's prospects still beat China's, survey finds

GLOBAL trade woes may send some business Singapore's way, but uncertainty is still...
PUBLISHED Nov 20, 2018 05:50 AM

Region's VC, PE to double to US$70b by 2024: Bain report

SOUTH-EAST Asia's booming venture capital and private equity market is poised to see...
PUBLISHED Nov 20, 2018 05:50 AM
PARLIAMENT

E-wallet, crypto players show support for Payment Services Bill

E-WALLET and cryptocurrency players welcomed - with some degree of reservation - the new...
PUBLISHED Nov 20, 2018 05:50 AM

Internet economy in South-east Asia to top US$240b by 2025: study

SOUTH-EAST Asia's Internet economy is expected to exceed US$240 billion by 2025,...
PUBLISHED Nov 20, 2018 05:50 AM

Deloitte Legal partners new local firm Sabara Law

DELOITTE Legal has added a Singapore legal practice to its network of over 2,400 law...
PUBLISHED Nov 20, 2018 05:50 AM

Singapore at forefront in Asia for talent competitiveness

SINGAPORE has come up tops in Asia for talent competitiveness this year, according to a...
PUBLISHED Nov 20, 2018 05:50 AM

Toys 'R' Us Asia just wants to grow up

PRIVATELY-held Fung Retailing has upped its stake in Toys "R" Us Asia to 21 per...
PUBLISHED Nov 20, 2018 05:50 AM

Intense week of talks ahead of Brexit showdown summit

EUROPEAN governments get their own say on Brexit this week as they debate future ties...
PUBLISHED Nov 20, 2018 05:50 AM

COMPANIES & MARKETS

Coal producer Golden Energy and Resources bids for Stanmore Coal

GOLDEN Energy and Resources (Gear) is leading deals worth up to A$249 million (S$250...
PUBLISHED Nov 20, 2018 05:50 AM

Sapphire Corp's consortium wins 1.4 billion yuan, 15-year public-private-partnership project in Chengdu

MAINBOARD-listed infrastructure design and construction group Sapphire Corporation said...
PUBLISHED Nov 20, 2018 05:50 AM

Sea deepens partnership with Tencent, to sell games in region

DIGITAL group Sea's entertainment unit, Garena, has inked a binding letter of intent...
PUBLISHED Nov 20, 2018 05:50 AM

SATS moves to target fast-casual restaurants, aviation sector in China

SATS, the chief ground-handling and in-flight catering service provider at Singapore...
PUBLISHED Nov 20, 2018 05:50 AM

Corporate digest

PROPERTY firm Hotel Properties Ltd (HPL) said that its associated company plans to buy...
PUBLISHED Nov 20, 2018 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Nov 20, 2018 05:50 AM

Arrest of Nissan's Ghosn rocks investor confidence in Renault

THE arrest of Nissan Motor Co chairman Carlos Ghosn over suspected financial violations,...
PUBLISHED Nov 20, 2018 05:50 AM

Noble seeks life as smaller, coal-trading business

SHARES in Noble Group Ltd, once Asia's top commodity trader, were suspended from...
PUBLISHED Nov 20, 2018 05:50 AM

CIMB makes new management appointments

MALAYSIAN bank CIMB Group on Monday announced changes and new appointments to its top...
PUBLISHED Nov 20, 2018 05:50 AM
STOCKS

STI down 0.6% after Apec summit divide

SINGAPORE equities began the week on a dull note after Apec leaders, for the first time,...
PUBLISHED Nov 20, 2018 05:50 AM

Brokers' take

We maintain our "buy" call on CDL Hospitality Trusts (CDReit) with a target...
PUBLISHED Nov 20, 2018 05:50 AM
CURRENCIES

US$ bulls wary after biggest weekly drop in months

THE US dollar steadied on Monday after posting its biggest weekly drop in two months last...
PUBLISHED Nov 20, 2018 05:50 AM

REAL ESTATE

Clifton Partners picks up Tras St shophouse trio for S$21.2m

VETERAN property investor Stanley Quek is selling another conservation shophouse property...
PUBLISHED Nov 20, 2018 05:50 AM

Ascott to boost presence with Ciputra alliance

CAPITALAND'S serviced residence arm, The Ascott, has formed a strategic alliance...
PUBLISHED Nov 20, 2018 05:50 AM

2019 home prices could fall in some smaller Chinese cities: Fitch

HOME prices in some smaller Chinese cities could fall next year as the world's...
PUBLISHED Nov 20, 2018 05:50 AM

A haven for money in the Middle East, Dubai is losing its shine

EVER since the first gleaming towers sprang out of the desert, Dubai has got used to...
PUBLISHED Nov 20, 2018 05:50 AM

Airbnb Q3 revenue stands at more than US$1b

HOME-RENTING company Airbnb said that it has "substantially more" than US$1...
PUBLISHED Nov 20, 2018 05:50 AM

UK housing woes deepen as asking prices fall

PROPERTY asking prices in the UK fell from a year earlier for the first time since 2011,...
PUBLISHED Nov 20, 2018 05:50 AM

Home security systems become more sophisticated

HOME security has come a long way from the days when hard-wired alarm systems were the...
PUBLISHED Nov 20, 2018 05:50 AM

New York's Grand Central Terminal sold for US$35m

FOR US$39 million, you could buy a mansion in New York's Upper East Side with eight...
PUBLISHED Nov 20, 2018 05:50 AM

In uncertain property market, try before you buy

NOT too long after Tom Porth sold his business this year, he went to Colorado for a ski...
PUBLISHED Nov 20, 2018 05:50 AM

BANKING & FINANCE

Traders slam crypto exchange for fiddling with contracts

AN UNORTHODOX move by one of the world's biggest cryptocurrency exchanges to change...
PUBLISHED Nov 20, 2018 05:50 AM

OCBC rolls out annual review process for financial life goals

OCBC Bank customers who have mapped out their financial goals using the bank's Life...
PUBLISHED Nov 20, 2018 05:50 AM

World's biggest govt bond rally gathers steam in China

CHINA'S government bonds - the world's best performing sovereign notes so far...
PUBLISHED Nov 20, 2018 05:50 AM

Corporate America's debt boom looking more like bust for the economy

DESPITE strong incentives in the Republican tax plan for American executives to expand,...
PUBLISHED Nov 20, 2018 05:50 AM

Commonwealth Bank of Australia CEO grilled over financial sector misconduct

THE CEO of Commonwealth Bank of Australia told a public inquiry into financial sector...
PUBLISHED Nov 20, 2018 05:50 AM

ENERGY & COMMODITIES

China's fight against smog makes palladium 2018's best metal

PALLADIUM prices are shattering record highs, and investors are betting that tight...
PUBLISHED Nov 20, 2018 05:50 AM
COMMENTARY

Oil price now controlled by just three men

OPEC has lost what control of the oil market it ever had. The actions (or tweets) of...
PUBLISHED Nov 20, 2018 05:50 AM

BHP to pay A$529m to Aussie taxman to resolve dispute over Singapore hub

BHP on Monday said it had signed an agreement with Australia's tax authorities to...
PUBLISHED Nov 20, 2018 05:50 AM

China begins anti-dumping probe into Aussie barley as tensions simmer

CHINA is starting an anti-dumping investigation on imports of Australian barley, sending...
PUBLISHED Nov 20, 2018 05:50 AM

TECHNOLOGY

China's Internet - the art of the state

IT was 2000, and then US president Bill Clinton was upbeat. The Internet, he said, was...
PUBLISHED Nov 20, 2018 05:50 AM

New tech regulation inevitable: Apple CEO

APPLE CEO Tim Cook predicts that new regulations of tech companies and social networks to...
PUBLISHED Nov 20, 2018 05:50 AM

Branson gets behind push to design more efficient air conditioners

AS INCOMES grow and more people move to cities and as global temperatures rise, the...
PUBLISHED Nov 20, 2018 05:50 AM

CONSUMER

Hugo Boss's winning plan: more Meghan Markle, fewer suits

WHEN Meghan Markle graced the English town of Chichester with a royal visit last month,...
PUBLISHED Nov 20, 2018 05:50 AM

Cage-free eggs are out, pastured ones in as tastes change, again

THE bar is rising for what's considered a happy chicken, sparking the hottest trend...
PUBLISHED Nov 20, 2018 05:50 AM

TRANSPORT

Nod for 42b yuan airport expansion in Xinjiang

CHINA'S state planner on Monday approved a 42.1 billion yuan (S$8.3 billion) airport...
PUBLISHED Nov 20, 2018 05:50 AM

Red lights flashing for cross-Channel truck pile-up with Brexit

IN the British port of Dover, 10,000 heavy goods vehicles arrive every day in a perfectly...
PUBLISHED Nov 20, 2018 05:50 AM

Air traffic controllers work to ease holiday rush

FROM inside the United States' Air Traffic Control System Command Center, nestled in...
PUBLISHED Nov 20, 2018 05:50 AM
COMMENTARY

M&As can bring relief to Asia's crowded skies

THERE is hope for Asia's crowded skies. In much of the region, too many carriers,...
PUBLISHED Nov 20, 2018 05:50 AM

GOVERNMENT & ECONOMY

Iranian jobs go as US sanctions start to bite

TAMNOUSH, an Iranian company that makes fizzy drinks, has shut down its production line...
PUBLISHED Nov 20, 2018 05:50 AM

Japan's plan to allow more foreign workers sparks concerns

AS THE United States and Europe take steps to keep more people out, Japan is cautiously...
PUBLISHED Nov 20, 2018 05:50 AM

LIFE & CULTURE

Where birds sing, shrimp grow, developers circle

SQUEEZED tightly between two megacities with a combined population of 20 million are some...
PUBLISHED Nov 20, 2018 05:50 AM

Technology takes a walk on the wild side

THE Little Arts Academy over the weekend put on a performance called Ki, a year-end...
PUBLISHED Nov 20, 2018 05:50 AM

Fantastic Beasts 2 charms with US$62m debut

FANTASTIC Beasts: The Crimes of Grindelwald enchanted moviegoers in North America over...
PUBLISHED Nov 20, 2018 05:50 AM

SME

Ensuring a bountiful harvest

MOST of us rarely stop to think about how food reaches our plates, especially in...
PUBLISHED Nov 20, 2018 05:50 AM

OPINION

It's time for a new act, Mr Trump

DERIVED from a word in the Yiddish language, a shtick has become part of the jargon of...
PUBLISHED Nov 20, 2018 05:50 AM
EDITORIAL

RCEP pact should be sealed soon to avoid losing credibility

ASEAN leaders and their six key trading partners tried to sound upbeat about the failure...
PUBLISHED Nov 20, 2018 05:50 AM
THE BOTTOM LINE

Stormy days ahead in US-China relations

THE decision by China and the United States to have negotiators meet in Buenos Aires...
PUBLISHED Nov 20, 2018 05:50 AM

Corporate governance at the crossroads

IN AUGUST, the Monetary Authority of Singapore (MAS) issued the fourth edition of the...
PUBLISHED Nov 20, 2018 05:50 AM

Brexit deal breakthrough underwhelms UK

FOLLOWING Thursday's dramatic Cabinet resignations, the UK's draft EU exit deal...
PUBLISHED Nov 20, 2018 05:50 AM

BREAKING NEWS

Dec 14, 2018 10:36 AM

Seoul: Stocks, won sag as tech shares fall amid global uncertainties

[SEOUL] South Korea's Kospi stock index and the won weakened on Friday as trade hopes fade while the European...
Dec 14, 2018 10:31 AM

China's year of adversity costs stock investors US$2 trillion

[HONG KONG] A deluge of misfortunes has left China's equity investors with their biggest losses in years, wherever...
Dec 14, 2018 10:26 AM

Trump was present for Enquirer hush-money plan, source says

[NEW YORK] US federal prosecutors said this week that at least one unidentified member of Donald Trump's campaign...
Dec 14, 2018 10:10 AM

China's November industrial output, retail sales growth misses expectations

[BEIJING] China's November industrial output grew 5.4 per cent from a year earlier and retail sales increased 8.1...
Dec 14, 2018 10:04 AM

LVMH close to US$2.6b deal to buy Belmond: WSJ

[TOKYO] LVMH is close to acquiring Belmond Ltd in a deal that would value the operator of high-end hotels and the...
Dec 14, 2018 09:59 AM

Tennis: Nadal to join Federer in 2019 Laver Cup

[GENEVA] Spaniard Rafael Nadal will team up with perennial rival Roger Federer for the third edition of the Laver Cup...
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