Friday, Jan 18, 2019

TOP STORIES

NODX down a surprise 8.5% in December

SINGAPORE'S exports ended 2018 on a surprisingly weak note, with non-oil domestic...
PUBLISHED Jan 18, 2019 05:50 AM

From farm to tech to farm

IT MAY come as a surprise to you that Singapore, home to one cow (formerly of Coney...
PUBLISHED Jan 18, 2019 05:50 AM
BUDGET 2019 WISH LIST

Firms seek funds, labour to beef up tech: SBF

COMPANIES here want help with both funds and skilled labour to beef up their technology,...
PUBLISHED Jan 18, 2019 05:50 AM
BREXIT CRISIS

Where's the pound headed? The jury's out for now

A SINGAPORE housewife with three children studying in London told The Business Times that...
PUBLISHED Jan 18, 2019 05:50 AM

CenturyLink opens its first S-E Asia security operations centre in Singapore

US-HEADQUARTERED communications and data services player CenturyLink launched its first...
PUBLISHED Jan 18, 2019 05:50 AM

Look to India for growth, ESG urges Singapore consumer firms

THE size and structure of India's economy make it an attractive market for Singapore...
PUBLISHED Jan 18, 2019 05:50 AM

COMPANIES & MARKETS

Forchn plans for second, bigger fund to shop for S-E Asian assets

THE ink has barely dried since Forchn Holdings launched a US$150-million private equity...
PUBLISHED Jan 18, 2019 05:50 AM

Sias chief calls for answers as Hyflux's debt revamp drags on

INVESTORS looking forward to Hyflux's second round of townhall meetings today may...
PUBLISHED Jan 18, 2019 05:50 AM

CDL group GM is Redas new president

THE Real Estate Developers' Association of Singapore (Redas) announced its new...
PUBLISHED Jan 18, 2019 05:50 AM

UOBAM upbeat on investment outlook for 2019

FUNDAMENTAL indicators are pointing to a positive investment outlook in 2019, UOB Asset...
PUBLISHED Jan 18, 2019 05:50 AM

Sunrise Shares offer turns unconditional, closing date extended to Feb 7

THE offer for electrical products trader and distributor Sunrise Shares has turned...
PUBLISHED Jan 18, 2019 05:50 AM

Corporate digest

FRASERS Commercial Trust is in discussions with various prospective tenants to lease...
PUBLISHED Jan 18, 2019 05:50 AM

Tencent unveils test version of Game of Thrones smartphone game

CHINESE tech giant Tencent Holdings Ltd has released a test version of a smartphone game...
PUBLISHED Jan 18, 2019 05:50 AM

TSMC's quarterly profit meets forecasts with 0.7% increase

TAIWAN Semiconductor Manufacturing Co Ltd (TSMC) posted on Thursday a quarterly net...
PUBLISHED Jan 18, 2019 05:50 AM
OBITUARY: JOHN BOGLE

Founder of financial giant Vanguard, 89, dies

JOHN C Bogle, who founded the Vanguard Group of Investment Cos in 1974 and built it into...
PUBLISHED Jan 18, 2019 05:50 AM
STOCKS

STI falls on disappointing export data

CONCERNS over gross domestic product (GDP) growth dragged the Singapore bourse down on...
PUBLISHED Jan 18, 2019 05:50 AM

Brokers' take

MAPLETREE Industrial Trust (MIT) recently announced its proposed acquisition of 18 Tai...
PUBLISHED Jan 18, 2019 05:50 AM
CURRENCIES

Weak data drags euro down to 2-week lows

THE euro huddled at a two-week low against the dollar on Thursday as weak euro zone data...
PUBLISHED Jan 18, 2019 05:50 AM

REAL ESTATE

Serangoon building back on market at lower price

A FREEHOLD six-storey commercial building at 291 Serangoon Road is being relaunched for...
PUBLISHED Jan 18, 2019 05:50 AM

UK home-sale expectations dip to 20-year low

THE gloom gripping the UK housing market deepened last December, with real-estate agents...
PUBLISHED Jan 18, 2019 05:50 AM

US homebuilder sentiment gauge rises from 3-year low in January

SENTIMENT among US homebuilders rose for the first time in three months amid a decline in...
PUBLISHED Jan 18, 2019 05:50 AM

Saudi Arabia to begin building homes in US$500b futuristic city

SAUDI Arabia said it will start building the first residential area in a proposed US$500...
PUBLISHED Jan 18, 2019 05:50 AM

BANKING & FINANCE

Goldman Sachs, BOA report strong earnings

GOLDMAN Sachs reported better-than-expected profits on Wednesday despite higher legal...
PUBLISHED Jan 18, 2019 05:50 AM
PUBLISHED Jan 18, 2019 05:50 AM

ENERGY & COMMODITIES

Thailand's PTT to expand trading in LNG in Singapore

THAILAND'S state energy firm PTT is planning to set up a liquefied natural gas (LNG...
PUBLISHED Jan 18, 2019 05:50 AM
COMMENTARY

Worries for LNG as prices slip amid record North Asia imports

THE spot price of liquefied natural gas (LNG) in Asia has completely missed its usual...
PUBLISHED Jan 18, 2019 05:50 AM

Palladium hits new high on supply crunch

PALLADIUM rose to a record high on Thursday on lower supply concerns and rising demand...
PUBLISHED Jan 18, 2019 05:50 AM

Climate change threatens to make coffee more pricey

COFFEE farmer Masumi Kondo wrapped himself in a cosy blanket on cool nights in the 1970s...
PUBLISHED Jan 18, 2019 05:50 AM

TECHNOLOGY

How Chinese sellers of fake ware evade an online crackdown

CHINA has come down hard on its world-renowned counterfeit industry. Bazaars lined with...
PUBLISHED Jan 18, 2019 05:50 AM

Most SMEs confident about overcoming cyber breach: survey

MOST local small and medium enterprises (SMEs) appear confident they would be able to...
PUBLISHED Jan 18, 2019 05:50 AM

Huawei is target of US criminal probe for trade secrets theft

IN A move that signals an increasingly aggressive stance by the US against Huawei...
PUBLISHED Jan 18, 2019 05:50 AM

Apple to cut back on hiring due to iPhone sales woes

APPLE Inc will cut back on hiring for some divisions after selling fewer iPhones than...
PUBLISHED Jan 18, 2019 05:50 AM

Washington brewery sues Trump govt over shutdown

A WASHINGTON brewery worried about the fate of 40 barrels of apricot-infused India pale...
PUBLISHED Jan 18, 2019 05:50 AM

TRANSPORT

Tunnel through an Australian mountain? No problem, says Elon Musk

AUSTRALIA could become a test ground for another of Elon Musk's massive...
PUBLISHED Jan 18, 2019 05:50 AM

British Lotus cars to be 'Made in China' at new Geely plant, say documents

THE Chinese owner of Lotus plans to start producing the British sports car brand in China...
PUBLISHED Jan 18, 2019 05:50 AM

Airbus boosts US footprint with new A220 plant in Alabama

EUROPEAN aircraft manufacturer Airbus on Wednesday broke ground on its second assembly...
PUBLISHED Jan 18, 2019 05:50 AM

France calls for Ghosn's ouster as Renault chairman, chief exec

FRANCE is turning on Carlos Ghosn almost two months after his arrest in Tokyo,...
PUBLISHED Jan 18, 2019 05:50 AM

GOVERNMENT & ECONOMY

US business optimism ebbs amid headwinds

BUSINESSES across the United States have become less optimistic in recent months, the...
PUBLISHED Jan 18, 2019 05:50 AM

China trade czar to visit US for talks ahead of March deadline

CHINA'S top trade negotiator will travel to the United States for talks later this...
PUBLISHED Jan 18, 2019 05:50 AM

Indonesia's central bank holds key rate, says current level 'near its peak'

INDONESIA'S central bank on Thursday held its key rate unchanged and the governor...
PUBLISHED Jan 18, 2019 05:50 AM

Sombre mood expected at coming World Economic Forum

AN array of crises will keep several world leaders away from the annual World Economic...
PUBLISHED Jan 18, 2019 05:50 AM

Japan urges G-20 to renew commitment vs protectionism

JAPANESE Finance Minister Taro Aso on Thursday urged the Group of 20 major economies to...
PUBLISHED Jan 18, 2019 05:50 AM

LIFE & CULTURE

Why NBA stars do pedicures

DJ Augustin likes his water just so. Hot, but not too hot. He wants to feel the caress of...
PUBLISHED Jan 18, 2019 05:50 AM

I have become a Marie Kondo disciple. I am proud as well as ashamed

IT IS with a mingled sense of shame and pride that I write these words: I have become a...
PUBLISHED Jan 18, 2019 05:50 AM

OPINION

Populism is now going mainstream

PUNDITS have been speculating recently that the political momentum of the populist...
PUBLISHED Jan 18, 2019 05:50 AM
THE BOTTOMLINE

The economy can't shrug off the shutdown forever

FOR months now, commentators and economists have been warily eyeing the US economy and...
PUBLISHED Jan 18, 2019 05:50 AM
EDITORIAL

Much to reap from Singapore's recent Asean chairmanship

SINGAPORE may have handed over the baton of Asean chairmanship to Thailand this year, but...
PUBLISHED Jan 18, 2019 05:50 AM

Corporate leadership is crucial in an increasingly fragile global landscape

EACH year, I write to the companies in which BlackRock invests on behalf of clients, the...
PUBLISHED Jan 18, 2019 05:50 AM
COMMENTARY

Mrs May - in office but not in power

THERESA May's government won on Wednesday a vote of no-confidence in Parliament...
PUBLISHED Jan 18, 2019 05:50 AM
COMMENTARY

The Swiss have been collateral victims of Brexit since 1992

AMID all the Brexit excitement in London, no one seems to have noticed that Switzerland...
PUBLISHED Jan 18, 2019 05:50 AM

Lifestyle

DINING OUT

A promising start for 15 Stamford

ONE wonders if Alvin Leung can cook a good fried rice. As in old-fashioned, wok hei-...
PUBLISHED Jan 18, 2019 05:50 AM

Craft beers bank on niche appeal and greater awareness

THOUSANDS of craft beer brewers across the country have a problem: Sales are slowing,...
PUBLISHED Jan 18, 2019 05:50 AM

12 Months of Travel

WE ALL KNOW that getting away from it all is becoming harder to do. There was a time when...
PUBLISHED Jan 18, 2019 05:50 AM

Christina Teo

IN THE WORLD of startups and angel investing, men still outnumber women substantially...
PUBLISHED Jan 18, 2019 05:50 AM

Scent of Henry Jacques

Get an early start on Valentine's Day with this newly-minted pair of exquisite...
PUBLISHED Jan 18, 2019 05:50 AM

Wild Boy

In 1828, a strange boy appeared in Nuremberg, Germany. He had a limited vocabulary and...
PUBLISHED Jan 18, 2019 05:50 AM

Angpao Bunny

Stationery and lifestyle brand The Paper Bunny is collaborating with Singapore Airlines...
PUBLISHED Jan 18, 2019 05:50 AM

Hipster meets sci-fi

Fancy a hip addictive sci-fi story to listen to while commuting? Check out Bubble, a very...
PUBLISHED Jan 18, 2019 05:50 AM

Zodiac Luxe

Panerai celebrates the Lunar New Year with a special edition timepiece, the new Luminor...
PUBLISHED Jan 18, 2019 05:50 AM

Sleepover with BFFs

Gather your best pals and escape for the weekend to the Pan Pacific Singapore, which is...
PUBLISHED Jan 18, 2019 05:50 AM

Couch Potato Alert

No more worrying about spoilers on the internet as new seasons of four HBO and Cinemax...
PUBLISHED Jan 18, 2019 05:50 AM

Get Quacking

The Tung Lok Group - which is also behind the popular seafood concept Dancing Crab - is...
PUBLISHED Jan 18, 2019 05:50 AM

Special Feature: A League of His Own

In the game of fashion, only the savviest will survive. And with close to four decades of...
PUBLISHED Jan 18, 2019 05:50 AM

Special Feature: Feasts of Abundance

Welcome the Year of the Pig with Tung Lok’s specially created Yusheng for every taste...
PUBLISHED Jan 18, 2019 05:50 AM

Fresh Food Ideas

THE BEST WAY to pick the right cooker or oven for your home is to check them out at the...
PUBLISHED Jan 18, 2019 05:50 AM

Fly Me To The Moon

TENERIFE - THE LARGEST of Spain’s Canary Islands - is a magnet for European tourists...
PUBLISHED Jan 18, 2019 05:50 AM

Above Ground

IF YANG YEO HAD HIS WAY, the nature-lover would be living out in the open surrounded by...
PUBLISHED Jan 18, 2019 05:50 AM
BOOKS

Of mice, men and mazes

SOMETIME the late 1990s, every white-collar father was getting the same gift on Father’s...
PUBLISHED Jan 18, 2019 05:50 AM

Lucy Liu, a woman of many talents

THE crowd couldn’t stop snapping pictures of the star on Friday’s packed opening night...
PUBLISHED Jan 18, 2019 05:50 AM

Way Of Life

FROM BARBERS TO FORTUNE TELLERS, knife sharpeners to scribes, a plethora of small...
PUBLISHED Jan 18, 2019 05:50 AM

BREAKING NEWS

Feb 23, 2019 12:28 AM

Latest Earnings

Feb 22, 2019 10:20 PM

Chip Eng Seng Corp doubles Q4 profits to S$26.6 million on condo project turnover

MAINBOARD-LISTED construction group Chip Eng Seng Corp more than doubled its profits in the fourth quarter, on the back...
Feb 22, 2019 10:06 PM

Maxi-Cash FY2018 profit down by 22% to S$10.4 million

CATALIST-LISTED pawnbroker Maxi-Cash Financial Services Corp's full-year earnings suffered from the costs of its...
Feb 22, 2019 09:53 PM

Malaysia's Sim Leisure Group aims for Catalist debut on March 1

PENANG theme park developer Sim Leisure Group is headed for a Catalist debut on March 1, it said in an offer document...
Feb 22, 2019 07:50 PM

'Growing discontent' before Ayondo founder left the company: board

TIES between the founder of Catalist-listed financial technology firm Ayondo and its directors and key investors had...
Feb 22, 2019 07:36 PM

Lippo Malls Indonesia Retail Trust more than halves Q4 DPU to 0.3 S cent

LIPPO Malls Indonesia Retail Trust (LMIRT) slashed its distribution per unit (DPU) for its fourth quarter, under what...
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