Tuesday, Dec 04, 2018

TOP STORIES

BT EXCLUSIVE

SembMarine may turn in operating profits in 2019 as work ramps up

NOW that a large chunk of projects on Sembcorp Marine's multi-billion-dollar order...
PUBLISHED Dec 4, 2018 05:50 AM

ARA Asset Mgt buys Hyatt Hotels portfolio in global blitz

ARA ASSET Management has bought a sizeable portfolio of Hyatt hotels that represents not...
PUBLISHED Dec 4, 2018 05:50 AM
US-CHINA TRUCE

Ceasefire good news for Asia markets, EM currencies

NEWS over the weekend of a deal between the United States and China on the sidelines of...
PUBLISHED Dec 4, 2018 05:50 AM
OPINION

Can US-China trade truce become a bigger bargain?

US President Donald Trump lauded on Sunday "the incredible deal…one of the largest...
PUBLISHED Dec 4, 2018 05:50 AM

MAS unveils S$30m grant to bolster cybersecurity

THE Monetary Authority of Singapore (MAS) on Monday launched a S$30 million Cybersecurity...
PUBLISHED Dec 4, 2018 05:50 AM

Cabinet reshuffle to take place after Budget 2019: PM Lee

CHANGES to the Cabinet to put younger ministers in key posts will be announced sometime...
PUBLISHED Dec 4, 2018 05:50 AM

SembMarine's pursuit of green projects faces hurdle

AS the world transitions to a lower carbon future, so must the industries powering the...
PUBLISHED Dec 4, 2018 05:50 AM

Up close and personal the way to go in private equity

GETTING up close and personal is the way to go in private equity investing, said Chris...
PUBLISHED Dec 4, 2018 05:50 AM

Growth in China's production sector remains weak

GROWTH of China's millions of manufacturers remained anaemic last month as the trade...
PUBLISHED Dec 4, 2018 05:50 AM

Singapore's electronics PMI contracts for the first time in 2 years

A BAROMETER of Singapore's electronics manufacturing activity dipped into...
PUBLISHED Dec 4, 2018 05:50 AM

COMPANIES & MARKETS

SGX launches high-grade iron ore contracts; to develop Belt & Road indices

THE Singapore Exchange (SGX) on Monday launched a set of high-grade iron ore derivatives...
PUBLISHED Dec 4, 2018 05:50 AM

Cost-cutting is not the way for SPH to prosper: CEO

SINGAPORE Press Holdings (SPH) cannot rely on cost cutting measures to prosper. Instead,...
PUBLISHED Dec 4, 2018 05:50 AM

Nico Steel ramps up output with new monthly orders of 22 tonnes

MAINBOARD-LISTED Nico Steel Holdings announced on Monday new orders of about 22 tonnes...
PUBLISHED Dec 4, 2018 05:50 AM

CPFIS funds yield returns of 0.75% in Q3

FUNDS under the Central Provident Fund Investment Scheme (CPFIS) delivered returns of 0...
PUBLISHED Dec 4, 2018 05:50 AM

Corporate digest

CATALIST-listed KLW Holdings said on Monday that it expected to recover an initial amount...
PUBLISHED Dec 4, 2018 05:50 AM

Qatar Airways offers Qsuite business class to and from Singapore

THE battle for premium travellers in Singapore is heating up, with Qatar Airways now...
PUBLISHED Dec 4, 2018 05:50 AM

Leadership departures compound Asia Fashion's many ills

ASIA Fashion Holdings may now find it even harder to cure its ills after yet another key...
PUBLISHED Dec 4, 2018 05:50 AM

What's next for Asia Fashion?

ASIA Fashion's current woes are the latest in its uneven history...
PUBLISHED Dec 4, 2018 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Dec 4, 2018 05:50 AM

Grab invests US$100m in Indian hotel startup OYO: source

SINGAPORE-based ride-hailing firm Grab has invested US$100 million in Indian hotel-...
PUBLISHED Dec 4, 2018 05:50 AM
STOCKS

US-China truce lifts market sentiment

POSITIVE market sentiment following negotiations over the weekend between the US and...
PUBLISHED Dec 4, 2018 05:50 AM

Brokers' take

CapitaLand made its first foray into US multi-family properties via the acquisition of 16...
PUBLISHED Dec 4, 2018 05:50 AM
CURRENCIES

Aussie dollar, yuan lead gains after US-China trade war truce

CHINA'S yuan and the Australian dollar led the rally against the US dollar on Monday...
PUBLISHED Dec 4, 2018 05:50 AM

REAL ESTATE

NZ haven for mega-rich feeling pain of crackdown on ownership

NEW Zealand's Central Otago, whose ski fields, vineyards and golf courses have made...
PUBLISHED Dec 4, 2018 05:50 AM

Australia house prices fall the most since global financial crisis

SYDNEY'S property downturn accelerated in November, propelling nationwide house...
PUBLISHED Dec 4, 2018 05:50 AM

Planned Trump tower in Moscow 'would have given penthouse to Putin and housed oligarchs'

US President Donald Trump had a dream of building a golden 100-storey tower overlooking...
PUBLISHED Dec 4, 2018 05:50 AM
COMMENTARY

Real estate valuation industry at a crossroads

PROPTECH is a key driving force shaping the future of real estate valuation. The sector...
PUBLISHED Dec 4, 2018 05:50 AM

Former Queenstown Cinema site up for sale by tender

A PRIME commercial development site in Queenstown which once housed the iconic Queenstown...
PUBLISHED Dec 4, 2018 05:50 AM

BANKING & FINANCE

Traders cast wary eye towards 2019

A BIT of hope. Superficially positive. Still a work in progress.
PUBLISHED Dec 4, 2018 05:50 AM
COMMENTARY

Europe's Santa Claus is not coming to town

IF THERE is a Santa Claus in the eurozone, it's Mario Draghi. Throughout his mandate...
PUBLISHED Dec 4, 2018 05:50 AM

About 50 financial firms in talks with Dutch central bank on Brexit

AS BREXIT nears, the Dutch authorities processing banking and markets licenses are...
PUBLISHED Dec 4, 2018 05:50 AM

Islamic finance in Afghanistan growing, but investment options are limited: report

ISLAMIC banking in Afghanistan has nearly tripled its holdings since 2014, but is...
PUBLISHED Dec 4, 2018 05:50 AM

ENERGY & COMMODITIES

Oil jumps most since June on Canada output cuts, Opec+ pact

OIL was jolted higher by efforts across the globe to support prices as Saudi Arabia and...
PUBLISHED Dec 4, 2018 05:50 AM

Qatar to quit Opec next month to focus on natural gas production

QATAR said it will leave the Organization of the Petroleum Exporting Countries (Opec)...
PUBLISHED Dec 4, 2018 05:50 AM

Australia may be bugging wrong party for power cost spike

THE Australian government hounding the gas sector to get power bills down is overlooking...
PUBLISHED Dec 4, 2018 05:50 AM

TECHNOLOGY

China's video-game bulls are running out of lives

CHINA'S video-game enthusiasts may be running out of lives. Tencent-backed developer...
PUBLISHED Dec 4, 2018 05:50 AM

Vietnam's Vingroup to launch smartphones on Dec 14

VINGROUP, Vietnam' biggest listed firm by market value, will launch its first...
PUBLISHED Dec 4, 2018 05:50 AM

How Facebook uses 'WhatsApp phones' to tap next emerging market

ONE recent afternoon in the Indian city of Pune, a 35-year-old mason named Om Prakash...
PUBLISHED Dec 4, 2018 05:50 AM

Turning the page: Japan's last pager service ends after 50 years

THE end of the pager era is nigh in Japan after five decades as the country's last...
PUBLISHED Dec 4, 2018 05:50 AM

Your name on a Coke bottle spells money for Big Data

WHEN Brian Cassin's daughter saw a bottle of Diet Coke with her name on it at the...
PUBLISHED Dec 4, 2018 05:50 AM

TRANSPORT

China has agreed to lower, remove tariffs on cars: Trump

PRESIDENT Donald Trump said in a late-night tweet that China has agreed to "reduce...
PUBLISHED Dec 4, 2018 05:50 AM

Singapore to trial on-demand public bus services from Dec 17

FROM Dec 17, commuters in Joo Koon and Marina Downtown will be able to hail a public bus...
PUBLISHED Dec 4, 2018 05:50 AM

Lion Air crash sheds light on dark side of cockpit automation

AS BOEING was developing its latest version of the 737 airliner, it discovered the design...
PUBLISHED Dec 4, 2018 05:50 AM

GOVERNMENT & ECONOMY

World outlook darkens as factory activity slips, orders fall

GLOBAL economic prospects appear gloomy as year-end approaches after factory activity and...
PUBLISHED Dec 4, 2018 05:50 AM

Australia's Q3 salaries up, but housing woes still a worry

AUSTRALIANS firms doled out a record amount in salaries last quarter as hiring picked up...
PUBLISHED Dec 4, 2018 05:50 AM

China agrees US$9b currency swap with Argentina

CHINA and Argentina signed a US$9 billion currency swap deal to boost the crisis-stricken...
PUBLISHED Dec 4, 2018 05:50 AM

Sri Lanka court denies Rajapakse authority to act as PM

A COURT In Sri Lanka on Monday suspended Mahinda Rajapakse's powers as prime...
PUBLISHED Dec 4, 2018 05:50 AM

Macron struggles to solve yellow vest crisis

FRANCE'S prime minister met with opposition leaders on Monday as President Emmanuel...
PUBLISHED Dec 4, 2018 05:50 AM

LIFE & CULTURE

TAKING HEART

PayPal pays back - with technology

A CHILD sexual-abuse prevention programme run by Singapore Children's Society now...
PUBLISHED Dec 4, 2018 05:50 AM

Global stars dazzle South Africa at Mandela tribute

BEYONCE led an all-star line-up including Ed Sheeran, Jay-Z and Usher in Johannesburg at...
PUBLISHED Dec 4, 2018 05:50 AM

Spider-Man's back on screen; this time he's black and Latino

FOR what seems like the umpteenth time, Spider-Man is back on the big screen. But this...
PUBLISHED Dec 4, 2018 05:50 AM

SME

Speciality coffee at your doorstep

WE'VE all been there - you want to buy something online, but the shipping costs...
PUBLISHED Dec 4, 2018 05:50 AM

Hardwired for change

KOH Hock Seng, the founder and managing director of Exceltec, has transformed the...
PUBLISHED Dec 4, 2018 05:50 AM

OPINION

Looking towards 2019: The Internet in a 5G world

5G is coming sooner rather than later - there is no doubt about it. The World Economic...
PUBLISHED Dec 4, 2018 05:50 AM
THE BOTTOM LINE

The US-China summit: a 90-day grace period

THE agreement reached in Buenos Aires by United States President Donald Trump and...
PUBLISHED Dec 4, 2018 05:50 AM
EDITORIAL

US long-term economic interest lies in modern technologies

While pollsters and political scientists continue to debate the reasons for the...
PUBLISHED Dec 4, 2018 05:50 AM

Populism is rooted in politics, not economics

NEARLY 330 million Americans are governed by Donald Trump. Brazil, with 210 million...
PUBLISHED Dec 4, 2018 05:50 AM

The real China challenge: managing its decline

IN 2009, The Economist wrote about an up-and-coming global power: Brazil. Its economy,...
PUBLISHED Dec 4, 2018 05:50 AM

Culture - the flaws in human nature - eats security budgets for breakfast

YOU CAN spend any amount of money on cybersecurity, but if the organisation lacks a...
PUBLISHED Dec 4, 2018 05:50 AM

BREAKING NEWS

Dec 11, 2018 03:05 PM

Thai junta lifts ban on political campaigning ahead of 2019 elections

[BANGKOK] Thailand's junta has lifted a ban on political campaigning ahead of 2019 elections, an order published...
Dec 11, 2018 02:51 PM

Mecca developer's stock set for worst year in a decade

[RIYADH] The biggest listed property developer in the holiest city for the Islamic world is failing to lure investors...
Dec 11, 2018 02:40 PM

Tokyo: Stocks close lower

[TOKYO] Tokyo shares closed lower on Tuesday as uncertainty caused by factors including Brexit and trade tensions...
Dec 11, 2018 01:21 PM

Singapore stocks: STI resumes Tuesday afternoon at 3,059.08, down 0.43% on day

SINGAPORE stocks fell on Tuesday afternoon's trading resumption, with the Straits Times Index declining 0.43 per...
Dec 11, 2018 01:08 PM

Singapore firms raise US$4.9b in equity capital markets to date in 2018; 30.1% fall from 2017: Refinitiv

SINGAPORE companies have raised US$4.9 billion in equity capital markets (ECMs) so far this year, a 30.1 per cent...
Dec 11, 2018 12:44 PM

Hong Kong says no to nano flats as prices start to crater

[HONG KONG] Could nano flats - billed as one way of solving Hong Kong's chronic housing shortage - be on the way...
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