Friday, Nov 30, 2018

TOP STORIES

Expand Construction tops in this year's E50 Awards

EXPAND Construction emerged the overall champion at this year's Enterprise 50 (E50)...
PUBLISHED Nov 30, 2018 05:50 AM

Idea of market liberalisation comes up against its test case

COMPETITIVE markets are more likely to provide consumers with a wide choice of services...
PUBLISHED Nov 30, 2018 05:50 AM

Round 2 of ride-hailing battle taking a different route

THE bell has sounded for Round 2 of the battle between ride-hailing firms in Singapore,...
PUBLISHED Nov 30, 2018 05:50 AM

Deutsche Bank offices raided in money laundering probe

POLICE raided six Deutsche Bank offices in and around Frankfurt on Thursday over money...
PUBLISHED Nov 30, 2018 05:50 AM

More Singaporeans employed; saw faster pay gains in 2018

A GREATER share of younger and older Singapore residents were employed in 2018, and the...
PUBLISHED Nov 30, 2018 05:50 AM

Thales launches Singapore digital centre

FRENCH technology and aerospace company Thales has added Singapore to its digital factory...
PUBLISHED Nov 30, 2018 05:50 AM

Transparency key amid 'golden opportunity' for charities: Grace Fu

THE widespread use of technology has lowered the barriers to entry for fundraising,...
PUBLISHED Nov 30, 2018 05:50 AM

KL seeks talks with Goldman to recover US$600m: Anwar

MALAYSIA is seeking direct talks with Goldman Sachs Group Inc to recoup more than US$600...
PUBLISHED Nov 30, 2018 05:50 AM

COMPANIES & MARKETS

Khazanah sells 16% of IHH to Mitsui for RM8.42b

IN what marks the first portfolio rejig under a new chief, Malaysia's sovereign...
PUBLISHED Nov 30, 2018 05:50 AM

STE marine unit poised to land contract valued up to S$400m

THE marine arm of defence and engineering group, Singapore Technologies Engineering (STE...
PUBLISHED Nov 30, 2018 05:50 AM

SGX to hold mainboard IPO managers to higher standards

ISSUE managers that advise firms seeking to list on the mainboard of the Singapore...
PUBLISHED Nov 30, 2018 05:50 AM

Creative to put Super X-Fi technology on video platforms

HOME-GROWN consumer electronics firm Creative Technology is looking to industry tie-ups...
PUBLISHED Nov 30, 2018 05:50 AM

Maybank Q3 profit down; cites geopolitical tensions as key concern

MALAYAN Banking Bhd (Maybank), Malaysia's largest lender by assets, posted a drop in...
PUBLISHED Nov 30, 2018 05:50 AM

Trendlines eyes agritech startups in Singapore

AFTER making headway into the agritech scene in Israel, having amassed 21 companies in...
PUBLISHED Nov 30, 2018 05:50 AM
COMMENTARY

LTC minorities should not hold out for SGX's proposed changes

SOMETIMES the best of intentions can lead to unintended outcomes.
PUBLISHED Nov 30, 2018 05:50 AM

Furnace shut-in to hit steelmaker Delong's revenue

CHINESE steelmaker Delong Holdings warned its revenue may fall by about 316 million yuan...
PUBLISHED Nov 30, 2018 05:50 AM

Corporate digest

No Signboard posted a full-year net loss of S$2.31 million mainly on impairment of its...
PUBLISHED Nov 30, 2018 05:50 AM

Kimly directors under CAD, MAS probe; calls off acquisition of drinks maker

COFFEESHOP operator Kimly last night confirmed speculation that it is being investigated...
PUBLISHED Nov 30, 2018 05:50 AM
STOCKS

Asia's rally short-lived as Fed effect fades

POWERED by dovish Fed comments overnight, Asian markets kicked off Thursday with strong...
PUBLISHED Nov 30, 2018 05:50 AM

Brokers' take

Post our downgrade on Nov 9 and the release of its Q2 FY2019 results, the share price of...
PUBLISHED Nov 30, 2018 05:50 AM
CURRENCIES

US dollar recovers as G-20 caution sets in

THE dollar recovered against its rivals on Thursday as caution before a G-20 meeting...
PUBLISHED Nov 30, 2018 05:50 AM

REAL ESTATE

YTL Land to launch freehold 'villas in the sky' on Dec 1

MALAYSIA-BASED property developer YTL Land & Development (YTL Land) will launch a 77-...
PUBLISHED Nov 30, 2018 05:50 AM

Enough rooms already in Dubai: hotel mogul

KHALAF Al Habtoor, the Dubai billionaire who added 1,600 hotel rooms to the city through...
PUBLISHED Nov 30, 2018 05:50 AM

Disorderly Brexit may halve commercial property prices: BOE

A DISORDERLY Brexit could cause UK commercial-property prices to fall by even more than...
PUBLISHED Nov 30, 2018 05:50 AM

S Korea's construction sector feels chill from Moon's policies

JEONG Myeong-in drives his dump truck up to 800 kilometres a day across South Korea to...
PUBLISHED Nov 30, 2018 05:50 AM

US new home sales fall in October, missing projections

SALES of new US homes fell in October to the weakest pace since March 2016 as rising...
PUBLISHED Nov 30, 2018 05:50 AM

'Tough year ahead' for buyers and sellers in US housing market

NEXT year is expected to be a tough environment for both buyers - particularly for entry-...
PUBLISHED Nov 30, 2018 05:50 AM

BANKING & FINANCE

China planning purge of US$176b loan market

CHINA is preparing to end its US$176 billion experiment with peer-to-peer lending.
PUBLISHED Nov 30, 2018 05:50 AM

China's local government vehicles face prospect of debt default

CHINA'S financing units for local governments, already grappling with bloated debts...
PUBLISHED Nov 30, 2018 05:50 AM

Lack of skilled fraud busters in Singapore

SINGAPORE, which is increasingly using technology to combat money laundering and...
PUBLISHED Nov 30, 2018 05:50 AM

ENERGY & COMMODITIES

Rio Tinto backs US$2.6b 'smart' mine in Australia

GLOBAL miner Rio Tinto on Thursday formally pledged to plough billions of dollars into a...
PUBLISHED Nov 30, 2018 05:50 AM

Adani to fully fund troubled Aussie coal project

INDIA'S Adani Enterprises will fully fund its coal mine and rail project in...
PUBLISHED Nov 30, 2018 05:50 AM

Resilience of Russian oil fuels Putin's leverage with Opec

ON the eve of oil talks between President Vladimir Putin and Saudi Crown Prince Mohammed...
PUBLISHED Nov 30, 2018 05:50 AM

TECHNOLOGY

New York to be developed into cybersecurity hub

A NEW partnership among two prominent Israeli venture capital funds, a handful of major...
PUBLISHED Nov 30, 2018 05:50 AM

Huawei asks why NZ intelligence agency rejected its 5G bid

HUAWEI Technologies Co Ltd said it was seeking clarification from New Zealand after the...
PUBLISHED Nov 30, 2018 05:50 AM

CONSUMER

What we're eating is killing us, says global nutrition report

POOR diets are among the top causes of ill health globally, accounting for nearly one in...
PUBLISHED Nov 30, 2018 05:50 AM

Unilever picks personal-care head as its next CEO

UNILEVER named personal-care head Alan Jope to succeed Paul Polman as chief executive...
PUBLISHED Nov 30, 2018 05:50 AM

TRANSPORT

Lion Air crash casting spotlight on dangers in Indonesian aviation

BUMPY runways, hair-raising safety lapses, remote airstrips with no navigation systems...
PUBLISHED Nov 30, 2018 05:50 AM

Volkswagen planning new North America factory for electric vehicles

VOLKSWAGEN is deciding where to locate a new factory in North America to build electric...
PUBLISHED Nov 30, 2018 05:50 AM

BMW mulls converting hybrids to electric-only mode in polluted cities

BMW said it can force its hybrid cars to switch to an electric-only mode in heavily...
PUBLISHED Nov 30, 2018 05:50 AM

GOVERNMENT & ECONOMY

US slams 'harmful' China trade policies, threatens auto tariffs

US Trade Representative Robert Lighthizer on Wednesday slammed Beijing for failing to...
PUBLISHED Nov 30, 2018 05:50 AM

Official forecasts, businesses and unions place pressure on MPs to accept May's Brexit deal

THE Bank of England (BOE) and UK Treasury have stated in no uncertain terms that a crash...
PUBLISHED Nov 30, 2018 05:50 AM

Is Powell signalling end of Fed's tightening cycle?

US FEDERAL Reserve chairman Jerome Powell gave investors a strong dose of optimism on...
PUBLISHED Nov 30, 2018 05:50 AM
LATEST US DATA

Consumer spending picks up; inflation below forecast

AMERICANS' spending rose by more than forecast in October, giving the biggest part...
PUBLISHED Nov 30, 2018 05:50 AM

LIFE & CULTURE

COMPANY OF GOOD

Giving can start with the littlest act

WHILE millions celebrated Thanksgiving last weekend, many of us here probably indulged in...
PUBLISHED Nov 30, 2018 05:50 AM

Stallone to hang up his Rocky gloves

AFTER more than four decades and eight movies, actor Sylvester Stallone says he is...
PUBLISHED Nov 30, 2018 05:50 AM

Unesco adds reggae to heritage list

REGGAE music, the calm, lilting grooves of which found international fame thanks to...
PUBLISHED Nov 30, 2018 05:50 AM

OPINION

May deal faces near-impossible hurdles

AFTER European Union leaders approved on Nov 25 an agreement on Britain's withdrawal...
PUBLISHED Nov 30, 2018 05:50 AM
THE BOTTOM LINE

Are China and the US locked in a permanent trade war?

THE United States-China trade war goes on ... and on and on.
PUBLISHED Nov 30, 2018 05:50 AM
EDITORIAL

1MDB emerging as a global, not just Malaysian, corruption scandal

UP UNTIL end-October this year, the multi-billion dollar money-laundering scandal...
PUBLISHED Nov 30, 2018 05:50 AM

It's time to consider injecting CPF capital into the Singapore bourse

AS competition between capital markets across the Indo-Asia Pacific grows, it is time...
PUBLISHED Nov 30, 2018 05:50 AM
COMMENTARY

Upcoming summit marks critical stage in climate debate

WORLD leaders are making final preparations for the annual UN climate summit which starts...
PUBLISHED Nov 30, 2018 05:50 AM

Lifestyle

Festive Feasting

This festive season, let Orchard Hotel Singapore welcome you in style with its brand new...
PUBLISHED Nov 30, 2018 05:50 AM

Voice of reason needed at Gake

LISTEN... Do you hear what I hear? No, not a little lamb singing to a shepherd boy. It...
PUBLISHED Nov 30, 2018 05:50 AM

You can teach an old-vine grape new tricks

IN California, a handful of popular grapes accounts for an overwhelming proportion of the...
PUBLISHED Nov 30, 2018 05:50 AM

Culture In The Gulf

IN JUNE THIS YEAR, a group of people in Dubai got together for a book club at the gallery...
PUBLISHED Nov 30, 2018 05:50 AM

Trina Liang

After years as a high-achieving career woman and high-profile advocate for women’s rights...
PUBLISHED Nov 30, 2018 05:50 AM

Raw-K Power

Yes, we're chuffed that Judas Priest is returning to Singapore but we're even...
PUBLISHED Nov 30, 2018 05:50 AM

Toys, Tees & Tattoos

Street culture gets some R-E-S-P-E-C-T at the first Culture Cartel, a convention that...
PUBLISHED Nov 30, 2018 05:50 AM

Festive Sweet Spot

So much choice, so little time.
PUBLISHED Nov 30, 2018 05:50 AM

Yamagata Up Close

Singer-songwriter Rachael Yamagata is set to deliver her most intimate set of songs yet...
PUBLISHED Nov 30, 2018 05:50 AM

Punchy Plot

If you're a fan of the Rocky franchise – and in particular the fourth installment...
PUBLISHED Nov 30, 2018 05:50 AM

Bay Buzz

This festive season, Marina Bay is where you want to be.
PUBLISHED Nov 30, 2018 05:50 AM

Japanese Winemaker

Takaki Okada is an unusual sight in the winemaking region of Marlborough, New Zealand,...
PUBLISHED Nov 30, 2018 05:50 AM

Arty Staycation

The Ritz-Carlton, Millenia Singapore is known for its wonderful buffet at The Colony, and...
PUBLISHED Nov 30, 2018 05:50 AM

Blurred Lines

JENNIFER CHENG LIKES to tell the story about the tree growing in the middle of her house.
PUBLISHED Nov 30, 2018 05:50 AM

Maximum Impact

Throw the predictable minimalist trope out the window. Here’s how you can max out your...
PUBLISHED Nov 30, 2018 05:50 AM

The Sound of Sleep

Do you snore or sleep next to a spouse who sounds like a chainsaw? Snoring is often...
PUBLISHED Nov 30, 2018 05:50 AM

The Free Spirit

I am Wong Peck Lin, co-founder and chief milkmaid of ice-cream parlour franchise Udders,...
PUBLISHED Nov 30, 2018 05:50 AM

BREAKING NEWS

Jan 18, 2019 11:01 PM

US manufacturing output posts biggest gain in 10 months

[WASHINGTON] US manufacturing output increased by the most in 10 months in December, boosted by a surge in the...
Jan 18, 2019 10:50 PM

US: Wall St opens higher on trade hopes, upbeat manufacturing data

[NEW YORK] US stocks opened higher on Friday and were set for their fourth week of gains on hopes that a bitter trade...
Jan 18, 2019 10:36 PM

Metech International selling Malaysian e-waste business to general manager

CATALIST-LISTED Metech International is selling its Malaysian electronic waste management (EWM) subsidiary to that unit...
Jan 18, 2019 10:30 PM

Saudi Arabia in talks to build an oil refinery in South Africa

[JOHANNESBURG] Saudi Arabia is in talks to build a crude-oil refinery in South Africa as part of a pledge last year to...
Jan 18, 2019 10:21 PM

Hyflux warns perp, pref holders they will lose everything in liquidation

WATER cleaning firm Hyflux faced its grey-haired creditors on Friday for the second time since it filed for bankruptcy...
Jan 18, 2019 10:15 PM

Dasin Retail Trust extends maturity date for loans due on Saturday

MAINBOARD-LISTED Dasin Retail Trust has extended the maturity date for a tranche of offshore term loans, in a...
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