Friday, Feb 08, 2019

TOP STORIES

BT EXCLUSIVE

Asian banks on watch with trillion-dollar Libor transition

TRILLIONS of dollars globally are priced to Libor, the scandal-tainted benchmark that is...
PUBLISHED Feb 8, 2019 05:50 AM
SINGAPORE BUDGET 2019

Targeted initiatives, collaboration needed in war on cyber crime

WITH Singapore having gone from one data breach to another lately, observers are looking...
PUBLISHED Feb 8, 2019 05:50 AM

A revolution in retail

GOING omni-channel is a given for retailers today, as they compete to reach and retain...
PUBLISHED Feb 8, 2019 05:50 AM
STARTUPS

Entrepreneur First steps up effort to tap Asia's pool of deep-tech talent

LONDON-based talent incubator Entrepreneur First (EF) is stepping up its game in Asia,...
PUBLISHED Feb 8, 2019 05:50 AM

ICT Fund finds the real deal in Sixscape's authentication tech

VENTURE capital firm ICT Fund has been backing cryptography startup Sixscape since a pre-...
PUBLISHED Feb 8, 2019 05:50 AM

SingPost fined S$100,000 for failing delivery standards

THE Infocomm Media Development Authority (IMDA) has fined Singapore Post (SingPost) S$100...
PUBLISHED Feb 8, 2019 05:50 AM

Singapore ranks 10th on global IP Index

SINGAPORE was ranked 10th out of 50 world economies on the latest edition of the US...
PUBLISHED Feb 8, 2019 05:50 AM

India central bank delivers surprise rate cut

INDIA'S central bank unexpectedly cut its benchmark interest rate in governor...
PUBLISHED Feb 8, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Rise of intangibles makes it harder to value assets properly

SINGAPORE investors will soon face greater valuation challenges as Singapore Exchange (...
PUBLISHED Feb 8, 2019 05:50 AM
HOT STOCKS

Procurri shares jump on offer from second interested buyer

SHARES of enterprise hardware supplier Procurri Corporation jumped by around 8 per cent...
PUBLISHED Feb 8, 2019 05:50 AM

Best World shares rally 8.6%, drawing SGX query

SHARES of Best World International gained 6 per cent within the first hour of Thursday...
PUBLISHED Feb 8, 2019 05:50 AM

Charisma Energy suspends trading amid talks with banks

CATALIST-LISTED Charisma Energy Services on Thursday requested a suspension in the...
PUBLISHED Feb 8, 2019 05:50 AM

Sino Grandness still negotiating to extend repayment of loan

CHINA-BASED canned vegetable and fruits producer Sino Grandness Food Industry Group said...
PUBLISHED Feb 8, 2019 05:50 AM

Corporate digest

THE judicial manager of Catalist-listed Oriental Group said that it is currently in...
PUBLISHED Feb 8, 2019 05:50 AM

Rally in Indonesian stocks attracts mutual funds, foreign investors

INDONESIA'S biggest mutual funds are putting their cash to use...
PUBLISHED Feb 8, 2019 05:50 AM

Andrew Thorburn quits as NAB CEO after inquiry lashing

ANDREW Thorburn resigned as chief executive officer of National Australia Bank (NAB),...
PUBLISHED Feb 8, 2019 05:50 AM
COMMENTARY

Don't blame the stock market for corporate myopia

PUBLICLY-LISTED companies have been disappearing, especially in the US, where the number...
PUBLISHED Feb 8, 2019 05:50 AM

SoftBank adds US$14b to market value as shares soar

SoftBank Group Corp shares jumped 17 per cent on Thursday, adding US$14 billion to the...
PUBLISHED Feb 8, 2019 05:50 AM

Norway wealth fund steps up voting against CEO pay packages

NORWAY'S US$1 trillion wealth fund, the biggest of its kind, increased its votes...
PUBLISHED Feb 8, 2019 05:50 AM
STOCKS

STI adds 0.5% amid quieter volumes

THE days following the Chinese New Year holidays are often positive ones, and on Thursday...
PUBLISHED Feb 8, 2019 05:50 AM

Brokers' take

Downgraded to "hold", given potential asset impairments and slower-than-...
PUBLISHED Feb 8, 2019 05:50 AM
CURRENCIES

Euro slips to 2-week low on EU growth forecast cuts

THE euro fell to a two-week low on Thursday after the European Commission sharply cut its...
PUBLISHED Feb 8, 2019 05:50 AM

REAL ESTATE

HDB offers buyers new option: apply today, book tomorrow

EAGER home buyers can soon book a Housing Board (HDB) flat by the next working day after...
PUBLISHED Feb 8, 2019 05:50 AM

New York's Park Lane Hotel stake sold as part of 1MDB recovery

A STAKE in New York's Park Lane Hotel has been sold to an Abu Dhabi sovereign wealth...
PUBLISHED Feb 8, 2019 05:50 AM

Greek hoteliers say home-renting to tourists 'out of control'

GREEK hoteliers say a boom in home-sharing properties for tourists in the capital Athens...
PUBLISHED Feb 8, 2019 05:50 AM

Home prices in London's most-desired districts at 6-year low

POLITICAL chaos and a series of tax hikes pushed the average price of a home in London...
PUBLISHED Feb 8, 2019 05:50 AM

BANKING & FINANCE

Global rate shift upends Wall St's consensus for a weaker dollar

AS GLOBAL central bankers put their tightening plans on hold, the US dollar may emerge...
PUBLISHED Feb 8, 2019 05:50 AM

Boost your risk positions, unwind those hedges, says JPMorgan Chase

THE Federal Reserve's pause on further tightening, and the chance of a positive...
PUBLISHED Feb 8, 2019 05:50 AM

Bank branches lose influence for market share

IN A WORLD with fewer branches, banks will need to rely more heavily on advertising to...
PUBLISHED Feb 8, 2019 05:50 AM

Crypto universe may be in for new round of pain: Fundstrat

AS IF cryptocurrencies haven't been through enough already, they may be poised for...
PUBLISHED Feb 8, 2019 05:50 AM

TECHNOLOGY

Police demand navigation app Waze stop tipping drivers off to checkpoints

GOOGLE'S navigation app Waze is known for providing real-time, user-submitted...
PUBLISHED Feb 8, 2019 05:50 AM

Publicis shortfall jolts Madison Ave as ad stocks fall

PUBLICIS Groupe SA has set off alarm bells on Madison Avenue as the ad industry's...
PUBLISHED Feb 8, 2019 05:50 AM

CONSUMER

Music-streaming app Spotify transcends tunes with purchase of 2 podcast firms

WHEN Spotify began more than 10 years ago, it had a simple goal - to establish itself as...
PUBLISHED Feb 8, 2019 05:50 AM

More than 1,500 mishaps linked to e-scooters in the US since 2017: report

MORE than 1,500 people have been treated for injuries from using battery-powered electric...
PUBLISHED Feb 8, 2019 05:50 AM

Berlin filmfest rolls out red carpet for women trailblazers

EUROPE'S first major film festival of the year, the Berlinale, kicked off on...
PUBLISHED Feb 8, 2019 05:50 AM

TRANSPORT

Airbus A380 dealt another blow as Qantas scraps order

AIRBUS' long-suffering A380 superjumbo suffered another blow after Qantas Airways...
PUBLISHED Feb 8, 2019 05:50 AM

Boeing's smallest 737 Max faces new doubts as key buyer wavers

WestJet Airlines is outgrowing its crush on Boeing's Max 7 jet, adding to concerns...
PUBLISHED Feb 8, 2019 05:50 AM
NEWS ANALYSIS

Stopped dead in their tracks: what next for Siemens, Alstom?

AFTER Siemens and Alstom's highly-politicised plan for a rail merger was blocked by...
PUBLISHED Feb 8, 2019 05:50 AM

Cash-strapped Thomas Cook puts airline business up for sale

TRAVEL group Thomas Cook said on Thursday it was willing to sell its airline business to...
PUBLISHED Feb 8, 2019 05:50 AM

GOVERNMENT & ECONOMY

Interest rate cut possible, says ex-Fed chief Yellen

FORMER Federal Reserve chair Janet Yellen said the US central bank must rely on incoming...
PUBLISHED Feb 8, 2019 05:50 AM

EC cuts growth forecasts for major eurozone economies, citing Brexit, China slowdown

THE European Commission slashed its growth forecasts for all the euro region's major...
PUBLISHED Feb 8, 2019 05:50 AM

Thaksin-linked party is talk of Thailand on premier rumour

A PARTY linked to Thailand's exiled former Prime Minister Thaksin Shinawatra is...
PUBLISHED Feb 8, 2019 05:50 AM

Britain's May, EU's Juncker to hold further Brexit talks by end-Feb

EUROPEAN Union leader Jean-Claude Juncker and Prime Minister Theresa May agreed on...
PUBLISHED Feb 8, 2019 05:50 AM

BOE sees weakest UK outlook since 2009 on Brexit, global slowdown

THE Bank of England (BOE) said Britain faced its weakest economic growth in 10 years in...
PUBLISHED Feb 8, 2019 05:50 AM

LIFE & CULTURE

As Hitler's art goes under the hammer, conflicting views emerge

BEFORE he set out to build a Nazi empire and exterminate Europe's Jews, Adolf Hitler...
PUBLISHED Feb 8, 2019 05:50 AM

'Fake' still life in US museum confirmed as real Van Gogh

ART experts have confirmed that a small still-life at a US museum once dismissed as a...
PUBLISHED Feb 8, 2019 05:50 AM

Coming soon: new emojis that foster a diverse culture and emphasise inclusivity

INTERRACIAL couples. A guide dog for blind people. A person using a wheelchair.
PUBLISHED Feb 8, 2019 05:50 AM

OPINION

Giving shoppers a seamless experience

MUCH has been made about how the digital retail revolution is affecting customers - but...
PUBLISHED Feb 8, 2019 05:50 AM
EDITORIAL

The spectre of a recession could soften opposing sides on Brexit

Bookies have shortened the odds on a Brexit deal because the UK and European Union...
PUBLISHED Feb 8, 2019 05:50 AM
THE BOTTOM LINE

Alfred E Neuman's law of budget deficits

LET'S coin a new law of politics. Call it Neuman's Law after Alfred E Neuman of...
PUBLISHED Feb 8, 2019 05:50 AM

The mirage of a global euro

ONE of the great claims made for the euro was that it would rival the US dollar as a...
PUBLISHED Feb 8, 2019 05:50 AM
COMMENTARY

Central banks prove adept at listening to stock market voices

THE United States Federal Reserve has made a sharp turnaround over the stance of monetary...
PUBLISHED Feb 8, 2019 05:50 AM
COMMENTARY

Venezuela shatters the myth of non-intervention

NICOLÁS Maduro's term as president of Venezuela ended on Jan 10. Following the...
PUBLISHED Feb 8, 2019 05:50 AM

Lifestyle

DINING OUT

A touch of fun at table65

"ARE we having fun yet?"...
PUBLISHED Feb 8, 2019 05:50 AM

In a sampling of supermarket wines, 2 different worlds collide

IN my Wine School column, each month I choose a genre of wines to explore and suggest...
PUBLISHED Feb 8, 2019 05:50 AM

Best In Show

Audemars Piguet (AP) was making headlines even before SIHH 2019 kicked off, thanks to its...
PUBLISHED Feb 8, 2019 05:50 AM

Patrick Flores

SOMETIME IN THE 1980s, Patrick Flores’ auditor father returned home with a magazine from...
PUBLISHED Feb 8, 2019 05:50 AM

All-Star Hamlet

The Prince of Denmark gets a dark and moody update in this Mandarin version of the...
PUBLISHED Feb 8, 2019 05:50 AM
PUBLISHED Feb 8, 2019 05:50 AM

My Anti-Valentine

Who says only couples can have all the fun on Valentine’s Day? Gather your pals who are...
PUBLISHED Feb 8, 2019 05:50 AM

Festive Art

Parkview Museum’s latest exhibition centres on Chinese New Year paintings, mounted in...
PUBLISHED Feb 8, 2019 05:50 AM

Musical Journey

Leftfield electronic music wizard Jon Hopkins returns to Singapore to headline a show...
PUBLISHED Feb 8, 2019 05:50 AM

Zen Retreat

Pritzker Prize-winning architect Shigeru Ban is back in the news with Shishi-Iwa House, a...
PUBLISHED Feb 8, 2019 05:50 AM

Fun And Frantic Forests

Forests is a local emo-punk-math-rock trio famed for their fun and frantic 'live...
PUBLISHED Feb 8, 2019 05:50 AM

Teutonic Treats

The Capitol Kempinski Singapore pays tribute to its founder Berthold Kempinski with two...
PUBLISHED Feb 8, 2019 05:50 AM

Flying High

Ask any pilot who has flown the Spitfire and they will tell you the British fighter...
PUBLISHED Feb 8, 2019 05:50 AM

Fresh Ways To Woo Your Lover

Put a twist on the predictable Valentine's Day dinner with these ideas for even more...
PUBLISHED Feb 8, 2019 05:50 AM

See Clearly Now

Switching to a glass facade brought more light into this home.
PUBLISHED Feb 8, 2019 05:50 AM

Challenging The Raffles Myth

Hero or villain? A new exhibition at Asian Civilisations Museum poses questions on the...
PUBLISHED Feb 8, 2019 05:50 AM

History Comes Alive

A new augmented reality trail takes visitors on a tour of Singapore’s past
PUBLISHED Feb 8, 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...
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