Friday, Jan 04, 2019

TOP STORIES

OUTLOOK 2019

Brent prices likely to rise, but not enough to hasten O&M recovery

OUTPUT cuts by the Organisation of the Petroleum Exporting Countries (Opec) and its...
PUBLISHED Jan 4, 2019 05:50 AM
BT EXCLUSIVE: EN BLOC UPDATES

Dairy Farm hikes price to S$1.84b in push for 80% owner sign-up

THE New Year's Eve countdown is done, but the clock continues to tick for en bloc...
PUBLISHED Jan 4, 2019 05:50 AM

Scrapping the retirement age

About 1 in 4 of Singapore's current labour force is 55 and older, that is, fast...
PUBLISHED Jan 4, 2019 05:50 AM

Singapore Reits start the year well, 'likely to continue to shine'

REAL estate investment trusts (Reits) are doing well, as investors take cover behind...
PUBLISHED Jan 4, 2019 05:50 AM
EN BLOC UPDATES

Siblings owning 2 units file objections to City Towers sale

IF a pair of siblings have their way, the collective sale of City Towers, sold last...
PUBLISHED Jan 4, 2019 05:50 AM

Oil: Higher prices perhaps, speed bumps ahead

US President Donald Trump might not like it but brent prices are expected to recover to...
PUBLISHED Jan 4, 2019 05:50 AM
BUDGET WISH LIST

Sugar tax, green perks, friendlier tax regime for startups: Deloitte

A SUGAR tax, incentives for green investment, and a tax regime that is friendlier to...
PUBLISHED Jan 4, 2019 05:50 AM

Manufacturing activity eases for 4th straight month in December

A gauge of manufacturing activity in Singapore slipped for the fourth straight month in...
PUBLISHED Jan 4, 2019 05:50 AM
APPLE FALLOUT

Apple's cut in revenue outlook triggers slump for suppliers

APPLE Inc cut its revenue outlook for the first time in almost two decades citing weaker...
PUBLISHED Jan 4, 2019 05:50 AM
NEWS ANALYSIS

Apple's China trouble makes Trump's trade war harder to defend

US President Donald Trump's administration argues that the long-term gain from a...
PUBLISHED Jan 4, 2019 05:50 AM

COMPANIES & MARKETS

All fun, no fear for Sim Leisure Group

HIS theme parks have no rollercoasters, but Sim Leisure Group (SLG) founder and chief...
PUBLISHED Jan 4, 2019 05:50 AM

ISR Capital says 'no' to SGX order to hold shareholder vote on mining acquisition

ISR Capital has pushed back on a Singapore Exchange (SGX) directive to seek shareholder...
PUBLISHED Jan 4, 2019 05:50 AM

Apple-induced 'flash crash' jolts currency markets

CURRENCY markets were greeted with a sudden spike in volatility early in Thursday's...
PUBLISHED Jan 4, 2019 05:50 AM

Dividends reinvestments lift STI annualised 10-year returns to 9.2%

THE Straits Times Index (STI) generated annualised total returns of 9.2 per cent over 10...
PUBLISHED Jan 4, 2019 05:50 AM

Chip Eng Seng launches two new pre-school centres

CHIP Eng Seng Corporation has opened two more pre-school centres in Singapore, in line...
PUBLISHED Jan 4, 2019 05:50 AM

Hyflux gets more time to report financials, conduct AGM

THE Singapore Exchange has granted Hyflux further extensions to report its financials and...
PUBLISHED Jan 4, 2019 05:50 AM

Vietnamese investors plan to inject shipyard asset for 96% stake in EMS Energy

OFFSHORE and marine engineering company EMS Energy has entered into a binding memorandum...
PUBLISHED Jan 4, 2019 05:50 AM
STOCKS

A bite of Apple's poison and markets sell in a flash

IT TURNS out that all it takes is one spoiled Apple to knock out the markets.
PUBLISHED Jan 4, 2019 05:50 AM

Brokers' take

DBS has re-initiated coverage on mainboard-listed Silverlake Axis with a "buy"...
PUBLISHED Jan 4, 2019 05:50 AM
CURRENCIES

Yen soars as investors consider it to be safe haven

THE yen surged on Thursday as investors scrambled into the perceived safety of the...
PUBLISHED Jan 4, 2019 05:50 AM

REAL ESTATE

HDB resale transactions down 24% in December 2018

THE number of Housing and Development Board (HDB) flats that changed hands in December...
PUBLISHED Jan 4, 2019 05:50 AM

Ascendas-Singbridge acquires India land parcel to develop IT park

ASCENDAS-SINGBRIDGE Group has announced the acquisition of a 4.9-hectare land parcel in...
PUBLISHED Jan 4, 2019 05:50 AM

Kaisa's US$150m shanty town development at risk

CHINA'S Kaisa Group Holdings faces losing its entire investment of almost US$150...
PUBLISHED Jan 4, 2019 05:50 AM

Manhattan median home price falls to below US$1m

MANHATTAN home prices fell in the fourth quarter, with the median slipping to less than...
PUBLISHED Jan 4, 2019 05:50 AM
NEWS ANALYSIS

A luxury companies cannot afford in Brexit Britain

IT's an ominous sign for investors. The first working day of 2019 was marked by a...
PUBLISHED Jan 4, 2019 05:50 AM

Saudi PIF entertainment firm to build leisure complex in Riyadh

SAUDI Arabia announced plans on Wednesday to build an entertainment complex in the...
PUBLISHED Jan 4, 2019 05:50 AM

Japan's 2020 Olympic stadium on track for completion this year

JAPAN'S new National Stadium, which will serve as the main venue of the 2020 Tokyo...
PUBLISHED Jan 4, 2019 05:50 AM

BANKING & FINANCE

Lenders are thriving on bitcoin's bust by aiding both fanatics and shorts

AS A growing number of cryptocurrency ventures struggle for funding, cut staff or shut...
PUBLISHED Jan 4, 2019 05:50 AM

China to improve funding conditions amid tight liquidity

CHINA will cut the reserve requirement ratio and improve funding conditions this month,...
PUBLISHED Jan 4, 2019 05:50 AM

UBS chairman calls for European banks to rival US counterparts

UBS Group chairman Axel Weber said European banks need to get bigger to compete with...
PUBLISHED Jan 4, 2019 05:50 AM

New digital exchange heralds age of tokenising securities

A DIGITAL exchange opening next week will enable investors to trade in companies...
PUBLISHED Jan 4, 2019 05:50 AM

ENERGY & COMMODITIES

Stock market turmoil, volatile currency lead to fall in oil prices

OIL prices fell on Thursday amid volatile currency and stock markets, coupled with...
PUBLISHED Jan 4, 2019 05:50 AM

Gas market braces for slump as it eyes record flow from Russia

EUROPEAN natural gas prices look set to fall for the first time in four years in 2019 as...
PUBLISHED Jan 4, 2019 05:50 AM

TECHNOLOGY

China lands spacecraft on far side of moon

A CHINESE space probe successfully touched down on the far side of the moon on Thursday,...
PUBLISHED Jan 4, 2019 05:50 AM

CONSUMER

Coffee startup Luckin plans to overtake Starbucks in China this year

CHINESE coffee startup Luckin is aiming to open 2,500 new stores this year and overtake...
PUBLISHED Jan 4, 2019 05:50 AM

Clothing retailer Next trims profit forecast following lacklustre Christmas sales

NEXT Plc trimmed its profit guidance for this year and felt the pain of customers'...
PUBLISHED Jan 4, 2019 05:50 AM

TRANSPORT

Tesla cuts US prices on all vehicles, shares drop

TESLA Inc on Wednesday cut US prices for all its vehicles to offset lower green tax...
PUBLISHED Jan 4, 2019 05:50 AM

Ryanair passenger traffic grew 8% in 2018, slowest since 2015

RYANAIR Holdings Plc posted another year of slower passenger growth as the discounter...
PUBLISHED Jan 4, 2019 05:50 AM

China Southern shares up after Qatar Airways buys 5% stake

CHINA Southern Airlines Co shares advanced after Qatar Airways purchased 5 per cent of...
PUBLISHED Jan 4, 2019 05:50 AM

GOVERNMENT & ECONOMY

US government shutdown could last a 'long time', warns Trump

US President Donald Trump met top Democratic lawmakers on Wednesday, but they failed to...
PUBLISHED Jan 4, 2019 05:50 AM

Chances of US-China trade deal rising: ex-official

THE odds of a US-China trade deal are rising because both sides have a clearer sense of...
PUBLISHED Jan 4, 2019 05:50 AM

China's population shrinks despite two-child policy: experts

CHINA'S population shrank last year for the first time in 70 years, experts said,...
PUBLISHED Jan 4, 2019 05:50 AM

Tourists flee Thai islands as storm closes in

THAILAND cancelled flights to a popular tourist island, battened down beachside resorts...
PUBLISHED Jan 4, 2019 05:50 AM

LIFE & CULTURE

Hollywood buying up hit podcasts in the race for content

FILM mogul Darryl F Zanuck was among the sceptics in the years before networks started...
PUBLISHED Jan 4, 2019 05:50 AM

What to read while you wait for the Downton Abbey movie

DEAR me! The Downton Abbey movie trailer is here, and oh, it's a tantalising montage...
PUBLISHED Jan 4, 2019 05:50 AM

Netflix to Bird Box Fans: please open your eyes

IF you're going to meme at home, Netflix would like you to be careful...
PUBLISHED Jan 4, 2019 05:50 AM

OPINION

A crucial election year for India, Indonesia

STRADDLING the Indo-Pacific, India and Indonesia, two of Asia's largest and noisiest...
PUBLISHED Jan 4, 2019 05:50 AM
THE BOTTOM LINE

Brexit does not matter outside UK

THE contours of the 19th and early 20th century were defined in part by a series of...
PUBLISHED Jan 4, 2019 05:50 AM
EDITORIAL

With central banks' normalisation at risk, governments need to step up

A MORE accommodative Federal Reserve is usually good news for risk markets, but the US...
PUBLISHED Jan 4, 2019 05:50 AM

The blue economy and seasteading: A key growth driver for Singapore

SINGAPORE is well-positioned to capitalise on the convergence of the growing blue economy...
PUBLISHED Jan 4, 2019 05:50 AM

Key election can be seen as a choice for or against Europe

PREPARATIONS have begun this week for May's landmark European Parliament elections...
PUBLISHED Jan 4, 2019 05:50 AM

Blockchain technology giving smaller countries the chance to leapfrog bigger rivals

SOONER or later, disruptive technologies find a home. The industry supporting blockchain...
PUBLISHED Jan 4, 2019 05:50 AM

Lifestyle

DINING OUT

Make new friends wining & dining

CONVIVIALITY. Not everybody is into that. As far as we know, there are two camps of...
PUBLISHED Jan 4, 2019 05:50 AM

Fast, no-knead focaccia is a peek into the world of bread-baking

ONE of the wonderful things about living, breathing and working in food is all that is...
PUBLISHED Jan 4, 2019 05:50 AM

Home Away From Home

Cup noodles. Ask a Singaporean if he has an emergency stash of it in his suitcase when he...
PUBLISHED Jan 4, 2019 05:50 AM

Alfonso Cuaron

FRESH FROM WINNING the 2014 Oscar for Best Director for Gravity, Alfonso Cuaron could...
PUBLISHED Jan 4, 2019 05:50 AM

Hidden Figures

An unusual photo exhibition is taking place across bus shelters around the island. From...
PUBLISHED Jan 4, 2019 05:50 AM

Star Appeal

Kick off the new year with the first taste of visiting celebrity chef cuisine, as Resorts...
PUBLISHED Jan 4, 2019 05:50 AM

Taste Of Lebanon

For one night only, Julian Youssef will be guest bartender at restaurant and bar Tippling...
PUBLISHED Jan 4, 2019 05:50 AM

Fitness Pack

If your New Year’s resolution is to lose weight, get fit, and eat healthier, get a little...
PUBLISHED Jan 4, 2019 05:50 AM

Enter Sandman

Film critics generally pan Adam Sandler's works but Netflix users can't seem to...
PUBLISHED Jan 4, 2019 05:50 AM

Clear Vision

Did you know that L'OCCITANE writes the names of its products in braille on most of...
PUBLISHED Jan 4, 2019 05:50 AM

A Gentleman's Guide

Want to now how to buy the perfect flowers for that special someone, or give a great foot...
PUBLISHED Jan 4, 2019 05:50 AM

Slash And Burn

Slash must be the busiest guitarist in rock. He's just finished a two-year-plus...
PUBLISHED Jan 4, 2019 05:50 AM

Green Luxury In Langkawi

THERE WAS A time when, right up to the mid 1980s, Langkawi was a nobody of an island...
PUBLISHED Jan 4, 2019 05:50 AM

Back To Basics

GUESTS AT The Datai Langkawi over a recent weekend were treated to a rare sighting - not...
PUBLISHED Jan 4, 2019 05:50 AM
MAN TO WATCH

Rexhep Rexhepi

Rexhep Rexhepi’s answer is: Build complicated timepieces.
PUBLISHED Jan 4, 2019 05:50 AM

Home For Life

THE SAYING “a family who eats together, stays together” could not be more true for the...
PUBLISHED Jan 4, 2019 05:50 AM

Art Makes A Statement In Kochi

KOCHI IN KERALA is known for its laid-back charm, its lively dining scene, and the...
PUBLISHED Jan 4, 2019 05:50 AM

Fashion Statement

WHEN ÅSA SÅNEMYR started working at Stockholm fashion label HOPE, she “met a lot of...
PUBLISHED Jan 4, 2019 05:50 AM

Sea Games

Until around the 1960s, thousands of people would throng Clifford Pier, trying to watch...
PUBLISHED Jan 4, 2019 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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