Thursday, Feb 07, 2019

TOP STORIES

GCB market to take a breather this year?

THE Good Class Bungalow (GCB) market may take a breather in 2019 from the strong showing...
PUBLISHED Feb 7, 2019 05:50 AM

SGD bond market starting 2019 with a bang

THE local bond market is starting 2019 on an upbeat note with January's issuance...
PUBLISHED Feb 7, 2019 05:50 AM

Standout timepieces from top watch fair

WATCH aficionados, get set for a grand buffet in Friday's issue of BT Weekend...
PUBLISHED Feb 7, 2019 05:50 AM

Setting sights abroad

WITH Singapore developers increasingly looking outwards, a number are also promoting...
PUBLISHED Feb 7, 2019 05:50 AM

MAS named Central Bank of the Year

THE Monetary Authority of Singapore has been named Central Bank of the Year by London-...
PUBLISHED Feb 7, 2019 05:50 AM

Budget to help industries, create good jobs: Heng Swee Keat

THE upcoming Budget will include a focus on keeping Singapore safe and secure and...
PUBLISHED Feb 7, 2019 05:50 AM

Upgrade and improve lives amid a slowing global economy: PM

A SLOWING global economy and ongoing trade tensions between the United States and China...
PUBLISHED Feb 7, 2019 05:50 AM
OPINION

Going digital the only way to revive Singapore's retail sector

IT used to be that the buzz along Orchard Road was a gauge of the health of Singapore...
PUBLISHED Feb 7, 2019 05:50 AM

COMPANIES & MARKETS

Korean shipbuilders merge; ripples reach Singapore

SOUTH Korea's giant merger between the world's two largest shipbuilders could...
PUBLISHED Feb 7, 2019 05:50 AM
COMMENTARY

How India's banks ran up a US$7 billion phone bill

FOR a capital-starved economy, India shows little urgency to extricate good money stuck...
PUBLISHED Feb 7, 2019 05:50 AM

Singapore is highest ranked Asian city in Savills Tech Cities index

SINGAPORE has emerged sixth in Savills World Research's global rankings of 30 tech...
PUBLISHED Feb 7, 2019 05:50 AM

Sunpower banks on steam to propel its next growth phase

WINTER is a good time for steam producers. The additional revenue from providing heating...
PUBLISHED Feb 7, 2019 05:50 AM

US equities on top of State Street's preferred investments list

BUYING US stocks in 2018 was among the most popular trades for global investors. State...
PUBLISHED Feb 7, 2019 05:50 AM

Chinese luxury dealmaker plans IPO for US$2b Lycra unit

ACQUISITIVE Chinese luxury apparel firm Shandong Ruyi Group is planning an initial public...
PUBLISHED Feb 7, 2019 05:50 AM

Ultimate Software to go private in US$11b cash deal

ULTIMATE Software Group said it agreed to be acquired by an investor group led by Hellman...
PUBLISHED Feb 7, 2019 05:50 AM
CURRENCIES

Dollar settles near 2-week highs on rate view

THE dollar settled near a two-week high versus its rivals on Wednesday as US President...
PUBLISHED Feb 7, 2019 05:50 AM

REAL ESTATE

Braddell View en bloc signing hits 80% consent

SIGNING of the collective sale agreement for Braddell View, the biggest of Singapore...
PUBLISHED Feb 7, 2019 05:50 AM

Brexit a barometer for London's financial outlook

A FEW miles down the River Thames from the British parliament at Westminster, months of...
PUBLISHED Feb 7, 2019 05:50 AM

Italy readies 1.8b euro property sale to slash debt

ITALY is preparing to sell as much as 1.8 billion euros (S$2.8 billion) of state-owned...
PUBLISHED Feb 7, 2019 05:50 AM

Armed with land titles, slum dwellers of Tanzania tackle poverty

FOR Maria Mkwawa, the Tanzanian government's decision to issue her with a formal...
PUBLISHED Feb 7, 2019 05:50 AM

Vancouver's biggest home price fall since 2013 is tip of iceberg

VANCOUVER began the year with benchmark home prices falling the most in almost six years...
PUBLISHED Feb 7, 2019 05:50 AM

Saks Fifth Avenue nears completion of US$250m renovation

SAKS Fifth Avenue will debut the new main floor of its flagship New York City store this...
PUBLISHED Feb 7, 2019 05:50 AM

BANKING & FINANCE

SoftBank Group unveils US$5.5b stock buyback, as Q3 profit soars 60%

JAPAN'S SoftBank Group announced a US$5.5 billion share buyback on Wednesday as it...
PUBLISHED Feb 7, 2019 05:50 AM

China's Pinduoduo to raise over US$1 billion to challenge Alibaba

CHINA'S upstart e-commerce company Pinduoduo and its shareholders filed to sell more...
PUBLISHED Feb 7, 2019 05:50 AM

Cloud-computing giants keep growing despite fears of slowdown

CLOUD-computing companies have a message for skittish investors: demand is still booming.
PUBLISHED Feb 7, 2019 05:50 AM

ENERGY & COMMODITIES

Indian steel firms pushing govt for higher taxes on steel imports

INDIAN steel firms are putting pressure on the nation's government to impose higher...
PUBLISHED Feb 7, 2019 05:50 AM

China buying more US soy just days after last spree

CHINA is back buying more US soybeans just days after the last round of purchases by the...
PUBLISHED Feb 7, 2019 05:50 AM

China's subsidised aluminium 'distorting global supply, demand'

CHINA'S huge subsidies for its aluminium makers are pulling more metal production...
PUBLISHED Feb 7, 2019 05:50 AM

TECHNOLOGY

Snap stems loss of users from unpopular redesign of app

SNAP lost millions of users last year after an unpopular redesign of Snapchat, its...
PUBLISHED Feb 7, 2019 05:50 AM

Leveraging tech to set a course for future of insurance

LIFE insurer Prudential Singapore has launched the third edition of its flagship...
PUBLISHED Feb 7, 2019 05:50 AM

Lawmakers query Apple's FaceTime privacy violation

APPLE Inc chief executive officer Tim Cook is getting questions from two key US House...
PUBLISHED Feb 7, 2019 05:50 AM

Google warns that data privacy changes could hurt its business

GOOGLE parent Alphabet Inc warned that its business may be damaged by changing data...
PUBLISHED Feb 7, 2019 05:50 AM
COMMENTARY

Can Silicon Valley navigate its moral choices?

OH, HOW we miss the trolley problem.
PUBLISHED Feb 7, 2019 05:50 AM

CONSUMER

Apple names third retail chief in seven years for post-iPhone era

APPLE INC named its third retail chief in seven years, seeking to shake up store...
PUBLISHED Feb 7, 2019 05:50 AM

Food trucks 'are no longer a novelty'

ENTICING hungry customers and luring celebrity backers, food trucks have been quickly...
PUBLISHED Feb 7, 2019 05:50 AM

Canada drugmakers offer to give up billions in price cuts

CANADIAN pharmaceutical industry lobby groups, in an effort to head off a planned...
PUBLISHED Feb 7, 2019 05:50 AM

TRANSPORT

VW's radical shift: Bet everything on electric

IF VOLKSWAGEN realises its ambition of becoming the global leader in electric cars, it...
PUBLISHED Feb 7, 2019 05:50 AM
COMMENTARY

Beware of cars with minds of their own

PREDICTIONS that autonomous cars powered by artificial intelligence will create a safer,...
PUBLISHED Feb 7, 2019 05:50 AM

Toyota cuts full-year profit forecast, warns about Brexit

JAPANESE car giant Toyota slashed its full-year net profit forecast on Wednesday after...
PUBLISHED Feb 7, 2019 05:50 AM

GOVERNMENT & ECONOMY

Despite bipartisan sheen, Trump's speech will appeal to his base

EVEN as he appealed for unity, US President Donald Trump made it clear in his State of...
PUBLISHED Feb 7, 2019 05:50 AM

Trump says he will meet North Korea's Kim in Vietnam on Feb 27-28

US PRESIDENT Donald Trump said on Tuesday he would hold his second meeting with North...
PUBLISHED Feb 7, 2019 05:50 AM

Rate cuts back in play for Asian emerging markets

CENTRAL banks in Asian emerging markets are turning cautious and some appear set to dump...
PUBLISHED Feb 7, 2019 05:50 AM

EU competition policy comes under fire after Siemens-Alstom deal is rejected

SIEMENS and Alstom's plan to create a European rail champion collapsed on Wednesday...
PUBLISHED Feb 7, 2019 05:50 AM

EU won't re-open Brexit deal, hopes May will have new proposals: Tusk

EUROPEAN Council President Donald Tusk said on Wednesday he hoped British Prime Minister...
PUBLISHED Feb 7, 2019 05:50 AM

Russia starts to worry Maduro's grip may slip in Venezuela

AFTER pledging full support for the embattled regime of Venezuelan President Nicolas...
PUBLISHED Feb 7, 2019 05:50 AM

How bad really is China's slowdown? It all depends on what you sell

IF CHINA'S economy is weakening, someone forgot to tell Jasmine Wang...
PUBLISHED Feb 7, 2019 05:50 AM

Slump in German mfg orders set to fan recession fears

GERMAN factory orders unexpectedly dropped for a second month in December, adding to...
PUBLISHED Feb 7, 2019 05:50 AM

LIFE & CULTURE

COMPANY OF GOOD

Helping social organisations create impact

CAROUSELL is an app that occupies a spot in almost everyone's mobile phone today and...
PUBLISHED Feb 7, 2019 05:50 AM

The art of complaining about food

NEED opinions on where to eat? They are easy to find these days, as consumers from around...
PUBLISHED Feb 7, 2019 05:50 AM

OPINION

Budget 2019: Time to boost digitalisation

THE 2016 Budget announcement was a watershed moment for Singapore's businesses. This...
PUBLISHED Feb 7, 2019 05:50 AM
EDITORIAL

Trump's SOTU address: High on talk; significance remains to be seen

When US President Trump delivered his annual State of the Union address last year,...
PUBLISHED Feb 7, 2019 05:50 AM
THE BOTTOM LINE

Job creation is job one

US Federal Reserve chairman Jerome ("Jay") Powell didn't waste much time...
PUBLISHED Feb 7, 2019 05:50 AM

Why 'backstop' may botch Brexit withdrawal deal

ALBERT Einstein is sometimes credited with having said that the definition of insanity is...
PUBLISHED Feb 7, 2019 05:50 AM
COMMENTARY

Five lessons from the US government shutdown

TWO Fridays ago, a wave of relief spread across the United States. A completely pointless...
PUBLISHED Feb 7, 2019 05:50 AM
COMMENTARY

Modi government presents a budget with votes in mind

THE annual Budget presentation in India is an eagerly awaited event. There is much...
PUBLISHED Feb 7, 2019 05:50 AM

BREAKING NEWS

Feb 23, 2019 01:33 PM

North Korea's Kim to make official visit to Vietnam in 'coming days'

[HANOI] North Korean leader Kim Jong Un will soon make an official visit to Vietnam, officials said Saturday, as Hanoi...
Feb 23, 2019 12:42 PM

EY probed in Denmark as Swedbank hires firm in laundering review

[COPENHAGEN] EY, the accounting firm engaged by Swedbank AB following a report that the lender was involved in money...
Feb 23, 2019 12:37 PM

UBS ignored whistleblower warnings in French tax case: judgement

[PARIS] UBS was warned numerous times over a period of at least six years that its French private bank risked breaking...
Feb 23, 2019 12:35 PM

Fed to keep open mind in review of strategy, tools, Clarida says

[NEW YORK] The Federal Reserve will keep an open mind as it begins a broad review this year of its monetary policy...
Feb 23, 2019 09:33 AM

R&B crooner R. Kelly charged with sexually assaulting teenage girls

[CHICAGO] Grammy-winning R&B singer R. Kelly was charged in Chicago on Friday with aggravated sexual assault of...
Feb 23, 2019 09:30 AM

US may slap new sanctions on Venezuela if aid convoys blocked: official

[WASHINGTON] The US government could announce new sanctions to pressure Venezuelan President Nicolas Maduro as early as...
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