Tuesday, Feb 12, 2019

TOP STORIES

BANK EARNINGS

Singapore banks likely to post record earnings for full year 2018

THE three Singapore banks are expected to announce record full year 2018 earnings in...
PUBLISHED Feb 12, 2019 05:50 AM
BT EXCLUSIVE

Firms gloomier about H1 2019, BT-SUSS survey finds

HAVING ended 2018 on a subdued note, firms are now gloomier about business prospects in...
PUBLISHED Feb 12, 2019 05:50 AM

Budgeting on their terms

THE Singapore Government’s annual budget does not exist on its own.
PUBLISHED Feb 12, 2019 05:50 AM

CapBridge offers private equity investments from S$5,000

SINGAPORE-BASED global private syndication platform CapBridge has launched an investment...
PUBLISHED Feb 12, 2019 05:50 AM
SKILLS DEVELOPMENT

SkillsFuture looks for new ways to measure outcomes of training

EFFORTS to measure the outcomes of training courses are being ramped up, in a bid to...
PUBLISHED Feb 12, 2019 05:50 AM
SKILLS DEVELOPMENT

More skills training aid on the way for SMEs

MORE help is on the way to encourage firms to send workers for training, said Senior...
PUBLISHED Feb 12, 2019 05:50 AM

COMPANIES & MARKETS

DBS hires Citibank Singapore CEO to head group strategy

DBS has snagged former Citibank Singapore CEO Han Kwee Juan, who will from April take on...
PUBLISHED Feb 12, 2019 05:50 AM

UOB targets emerging affluent customers with personalised investment services

UNITED Overseas Bank (UOB) is targeting younger affluent customers with its latest wealth...
PUBLISHED Feb 12, 2019 05:50 AM

Manulife US Reit Q4 DPU up 7.7% on acquisitions

MANULIFE US Reit (MUST) has posted a distribution per unit (DPU) of 1.53 US cents in the...
PUBLISHED Feb 12, 2019 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Feb 12, 2019 05:50 AM
HOT STOCK

First Reit slides 4.39% after analyst downgrade to 'sell'

FIRST Reit's units saw its gains over the past five days erased on Monday, following...
PUBLISHED Feb 12, 2019 05:50 AM

APAC Realty deepens presence in Indonesia, Thailand

WHEN APAC Realty listed on the Singapore Exchange (SGX) in September 2017, strengthening...
PUBLISHED Feb 12, 2019 05:50 AM

Oxley second quarter earnings down 33%

PROPERTY developer Oxley Holdings' net profit for the second quarter ended Dec 31,...
PUBLISHED Feb 12, 2019 05:50 AM

F&N's Q1 profit rises 47.5%

A HIGHER share of associated companies' profits lifted results for Fraser &...
PUBLISHED Feb 12, 2019 05:50 AM

Vicom posts 31% rise in net profit; proposes special dividend

VEHICLE inspection firm Vicom on Monday posted a 30.9 per cent rise in net profit to S$34...
PUBLISHED Feb 12, 2019 05:50 AM

SGX rejects Nutryfarm's 90m yuan acquisition amid concerns over foreign ownership workaround

THE Singapore Exchange has rejected Nutryfarm International's 90 million Chinese...
PUBLISHED Feb 12, 2019 05:50 AM

SGX rejects 8Telecom's bid to issue new shares

8TELECOM International Holdings has not been given the green light by the Singapore...
PUBLISHED Feb 12, 2019 05:50 AM

Yoma Strategic buying 65% stake in Myanmar restaurant chain

MAINBOARD-LISTED company Yoma Strategic Holdings will be acquiring a 65 per cent stake in...
PUBLISHED Feb 12, 2019 05:50 AM

Corporate digest

HYFLUX on Monday confirmed that it has received the letter sent by the Securities...
PUBLISHED Feb 12, 2019 05:50 AM
STOCKS

Bank stocks lift STI in quiet day

ON A day where there was little to inspire markets, the three local banks showed their...
PUBLISHED Feb 12, 2019 05:50 AM

Brokers' take

Venture is expected to report Q4 2018 net profit of S$101 million, in line with consensus...
PUBLISHED Feb 12, 2019 05:50 AM
CURRENCIES

Swiss franc slumps in mini 'flash-crash'; dollar up on trade angst

THE dollar rose on Monday as concerns grew that US-China talks would not heal a rift over...
PUBLISHED Feb 12, 2019 05:50 AM

REAL ESTATE

The Florence Residences to preview this weekend

THE FIRST of 2019's several mega-launches will soon hit the market post-Chinese New...
PUBLISHED Feb 12, 2019 05:50 AM

Mall or park? Crowded Bangkok's last open space stirs lively debate

THE fate of a large green space in the middle of one of the world's most built-up...
PUBLISHED Feb 12, 2019 05:50 AM

Steve Cohen has cut the price of his NYC apartment by 60%

STEVE Cohen is having trouble selling one of his trophy properties.
PUBLISHED Feb 12, 2019 05:50 AM

Erdogan demands halt to illegal building

TURKISH President Recep Tayyip Erdogan has demanded a halt to the illegal construction...
PUBLISHED Feb 12, 2019 05:50 AM

Indonesian mall developer raises funds for expansion

NWP Retail, an Indonesian shopping mall developer backed by Warburg Pincus, has completed...
PUBLISHED Feb 12, 2019 05:50 AM

BANKING & FINANCE

Playing field 'still favours big Australian banks'

A POWERFUL inquiry into misconduct by Australia's finance sector has failed to...
PUBLISHED Feb 12, 2019 05:50 AM

Two major Chinese borrowers miss bond payments: sources

TWO large Chinese borrowers - one that's already defaulted, and one that's...
PUBLISHED Feb 12, 2019 05:50 AM

Najib's lawyer announces postponement of 1MDB trial

A MALAYSIAN court on Monday postponed the corruption trial of former prime minister Najib...
PUBLISHED Feb 12, 2019 05:50 AM

London banker sues UOB for 'unfair dismissal', alleges race discrimination

A FORMER official at United Overseas Bank (UOB) Ltd's London branch is suing for...
PUBLISHED Feb 12, 2019 05:50 AM

Euronext raises Oslo Bors bid to US$790m to push out Nasdaq

EURONEXT NV raised its offer for Oslo Bors VPS Holding ASA, valuing the owner of Norway...
PUBLISHED Feb 12, 2019 05:50 AM

ENERGY & COMMODITIES

ANALYSIS

Can 'Big Brother' technology clean up palm oil's image?

SOME of the world's major palm oil users, including Nestle, Unilever, and Mondelez,...
PUBLISHED Feb 12, 2019 05:50 AM

Kazakhstan delays listing of state oil firm as UK IPO market stalls

KAZAKHSTAN has deferred an initial public offering (IPO) of national oil firm KazMunayGaz...
PUBLISHED Feb 12, 2019 05:50 AM

TECHNOLOGY

New Australian regulations loom for tech giants

THE head of Australia's competition watchdog warned on Monday that tough new...
PUBLISHED Feb 12, 2019 05:50 AM

iPhone shipments in China plunge as Huawei tightens grip

APPLE'S Chinese smartphone shipments plummeted an estimated 20 per cent in 2018...
PUBLISHED Feb 12, 2019 05:50 AM

CONSUMER

Made-in-Britain mozzarella on the rise as Brexit looms

BUFFALO mozzarella made from the milk of a herd roaming the green rolling hills of...
PUBLISHED Feb 12, 2019 05:50 AM

Ikea accelerates services drive as competition stiffens

JESSICA Reznik likes Ikea's prices but not do-it-yourself. So when the Swedish...
PUBLISHED Feb 12, 2019 05:50 AM

China's holiday spending slows, underlining tough start to 2019

THE downward pressure on China's consumption persisted over the Chinese New Year...
PUBLISHED Feb 12, 2019 05:50 AM

TRANSPORT

Pilots' strike leaves China Airlines passengers stranded in Asia

A SHORTAGE of pilots has caused chaos for thousands of passengers during peak travel...
PUBLISHED Feb 12, 2019 05:50 AM

Siemens lands S$111m deal to supply power systems for 2 MRT extensions

GERMAN engineering group Siemens has clinched a S$111 million contract to provide power...
PUBLISHED Feb 12, 2019 05:50 AM

SilkAir picks Thomson Aero Seating for cabin revamp

SILKAIR, the regional arm of Singapore Airlines (SIA), will work with
PUBLISHED Feb 12, 2019 05:50 AM

The Ghosn effect? Nissan, Renault unveil first results post-crisis

WHAT kind of financial blow has the widening scandal surrounding Carlos Ghosn delivered...
PUBLISHED Feb 12, 2019 05:50 AM

GOVERNMENT & ECONOMY

Chan Chun Sing: Asean can learn from Middle-East woes

SINGAPORE and Asean can draw a lesson from the unstable situation in the Middle East that...
PUBLISHED Feb 12, 2019 05:50 AM

Thai election panel disqualifies princess as PM candidate

THAILAND'S election panel on Monday disqualified the sister of the king from running...
PUBLISHED Feb 12, 2019 05:50 AM

LIFE & CULTURE

Rap sees landmark Grammy wins after years of snubs

RAP history was made on Sunday (Monday morning, Singapore time) at the Grammys as Cardi B...
PUBLISHED Feb 12, 2019 05:50 AM

Netflix's Roma takes Bafta glory

NETFLIX production Roma, a cinematic love letter to director Alfonso Cuaron's...
PUBLISHED Feb 12, 2019 05:50 AM

SME

Stitching together new initiatives to expand the family business

TUCKED away at the quieter end of Cecil Street, Joe's Tailoring has been a mainstay...
PUBLISHED Feb 12, 2019 05:50 AM

Companies must be future-ready to thrive in machine era

IT GOES without saying that we stand to gain extensively from the advancement of machines...
PUBLISHED Feb 12, 2019 05:50 AM

OPINION

Living by identity politics? Die by it too

FOR many Democrats, the Commonwealth of Virginia represents the future of their political...
PUBLISHED Feb 12, 2019 05:50 AM
EDITORIAL

Time to steer taxi, ride-hail industry toward meaningful structural changes

The Land Transport Authority's (LTA) proposal to regulate ride-hailing companies...
PUBLISHED Feb 12, 2019 05:50 AM
THE BOTTOM LINE

In HK, China insists, the chief executive is more equal

EVER since Carrie Lam became chief executive of Hong Kong on July 1, 2017, she has had...
PUBLISHED Feb 12, 2019 05:50 AM

Are new technologies replacing routine jobs?

IN recent years, the rise of new technologies such as artificial intelligence (AI),...
PUBLISHED Feb 12, 2019 05:50 AM
COMMENTARY

Will North Korea and China give Trump big wins?

WITH a March 2 deadline approaching, the United States and China begin this week a new...
PUBLISHED Feb 12, 2019 05:50 AM
COMMENTARY

How EU leaders can prevent a no-deal Brexit

HAS British Prime Minister Theresa May outmanoeuvred all her opponents? By defeating...
PUBLISHED Feb 12, 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...
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