Wednesday, Feb 20, 2019

TOP STORIES

SINGAPORE BUDGET 2019

Singapore Budget 2019: Fixing mindsets against F&B, retail jobs - not quotas - is key

ALTHOUGH tighter foreign manpower restrictions will force food and beverage (F&B) and...
PUBLISHED Feb 20, 2019 05:50 AM
SINGAPORE BUDGET 2019

Defence, healthcare, bank stocks expected to gain from Singapore Budget 2019

DEFENCE, healthcare and grocery stocks are the possible winners from the latest Singapore...
PUBLISHED Feb 20, 2019 05:50 AM

Singapore Budget 2019 puts some tax breaks out to pasture

SEVERAL tax incentive schemes have been allowed to lapse after they were reviewed for...
PUBLISHED Feb 20, 2019 05:50 AM

Redas explains why some cooling measures need to be revised

THE Real Estate Developers' Association of Singapore (Redas) has given reasons why...
PUBLISHED Feb 20, 2019 05:50 AM

WTO warns of global slowdown as indicator hits 9-year low

A QUARTERLY leading indicator of world merchandise trade slumped to its lowest reading in...
PUBLISHED Feb 20, 2019 05:50 AM
STARTUPS

Corporate venture capital deal share in Asia close to overtaking North America

GLOBAL corporate venture capital (CVC) deal activity reached a historic high in 2018,...
PUBLISHED Feb 20, 2019 05:50 AM

Blockchain startup Band Protocol lands US$3m seed funding led by Sequoia India

WHILE still in the thick of building its blockchain solution and business model, startup...
PUBLISHED Feb 20, 2019 05:50 AM

UK wage growth fastest since 2008 amid Brexit fears, slowing economy

BRITISH workers' pay growth maintained its fastest pace in a decade in late 2018 and...
PUBLISHED Feb 20, 2019 05:50 AM

COMPANIES & MARKETS

Midas probe can't be rushed as deals took place overseas

THE probe into irregularities at Midas Holdings requires more time due to jurisdiction-...
PUBLISHED Feb 20, 2019 05:50 AM
HOT STOCK

Shares slump as investor drops plan to buy Procurri stake

SHARES of enterprise hardware supplier Procurri Corporation slumped on Tuesday, after a...
PUBLISHED Feb 20, 2019 05:50 AM

Corporate digest

AIR-CONDITIONING company Natural Cool Holdings is moving into the food and beverage...
PUBLISHED Feb 20, 2019 05:50 AM

Boustead Projects' unit wins S$70m deal to build high-tech plant

REAL estate solutions company Boustead Projects on Tuesday said that its wholly-owned...
PUBLISHED Feb 20, 2019 05:50 AM

Nojima won't revise offer price for Courts Asia

THE offeror for shares of Singapore-listed Courts Asia, Nojima Asia Pacific, on Tuesday...
PUBLISHED Feb 20, 2019 05:50 AM
HOCK LOCK SIEW

UOB's mobile-only bank tests data as TMRW's currency

UOB's mobile-only bank TMRW for millennials offers a new way to test how data can...
PUBLISHED Feb 20, 2019 05:50 AM

Tencent-backed plastic surgery app SoYoung files for IPO in the US

SOYOUNG, a Chinese cosmetic surgery website backed by Tencent Holdings Ltd, has filed...
PUBLISHED Feb 20, 2019 05:50 AM

WeDoctor considers listing a spinoff on new tech board

WEDOCTOR, one of China's biggest online health-care startups, is considering...
PUBLISHED Feb 20, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Much ado about economic restructuring, whither the results?

THIS year's Budget saw Singapore double down on its economic restructuring push,...
PUBLISHED Feb 20, 2019 05:50 AM
STOCKS

Market quiet as investors stay on sidelines

TO say that you can hear a pin drop would be an overstatement of Tuesday's muted...
PUBLISHED Feb 20, 2019 05:50 AM

Brokers' take

While there could be a possibility of fewer than two US Fed rate hikes in 2019F (CGS-CIMB...
PUBLISHED Feb 20, 2019 05:50 AM
CURRENCIES

Swedish krona tumbles on weak inflation, Italy woes hit euro

THE Swedish krona plummeted on Tuesday after weak inflation data prompted investors to...
PUBLISHED Feb 20, 2019 05:50 AM

REAL ESTATE

8M Real Estate buying shophouses worth S$144m

8M Real Estate is buying about S$144 million in shophouses in four transactions involving...
PUBLISHED Feb 20, 2019 05:50 AM

AusGroup in A$11.8m deal to house marine workers on Australian island

AUSGROUP Ltd - a construction and marine services provider - plans to buy an...
PUBLISHED Feb 20, 2019 05:50 AM

Pair of Club Street shophouses up for sale at S$25m

A PAIR of adjoining three-storey conservation commercial shophouses at 44 and 46 Club...
PUBLISHED Feb 20, 2019 05:50 AM

BANKING & FINANCE

Deeper downturn may merit delay in rate hikes, says ECB economist

THE chief economist of the European Central Bank (ECB) has added to the chorus of policy...
PUBLISHED Feb 20, 2019 05:50 AM

Concern rises over more bonds being rated as junk

ASIA'S dollar bond markets have staged a blistering rally this year, but for a group...
PUBLISHED Feb 20, 2019 05:50 AM

Japan central bank chief flags readiness to ease further; yen slips

THE governor of the Bank of Japan (BOJ), Haruhiko Kuroda, served notice on Tuesday that...
PUBLISHED Feb 20, 2019 05:50 AM

ENERGY & COMMODITIES

China relaxes solar subsidy programme that rattled global market

CHINESE regulators have proposed easing a major solar power subsidy policy announced last...
PUBLISHED Feb 20, 2019 05:50 AM

Malaysia to end bauxite mining ban despite pollution fears

MALAYSIA will next month lift a ban on bauxite mining that has been in place for three...
PUBLISHED Feb 20, 2019 05:50 AM

Abu Dhabi's oil giant gets region's top credit rating from Fitch

ABU Dhabi's government-owned oil giant was assigned the region's highest credit...
PUBLISHED Feb 20, 2019 05:50 AM

TECHNOLOGY

Facebook's AI chief researching new class of semiconductor

FACEBOOK Inc's chief AI researcher has suggested the company is working on a new...
PUBLISHED Feb 20, 2019 05:50 AM

Trump administration sounds alert as China forges ahead with AI

PRESIDENT Donald Trump's recently announced artificial intelligence initiative does...
PUBLISHED Feb 20, 2019 05:50 AM
COMMENTARY

Volkswagen tries to play catch-up on driverless tech

VOLKSWAGEN AG's next step into autonomous driving looks like it could be...
PUBLISHED Feb 20, 2019 05:50 AM

Huawei founder says world can't live without it

THE founder of Chinese telecom giant Huawei has hit back at US efforts to blacklist the...
PUBLISHED Feb 20, 2019 05:50 AM

CONSUMER

Britain's supermarkets jostle to stock up as Brexit shadow looms

BRITONS could face shortages of fresh food, price rises and less variety if the country...
PUBLISHED Feb 20, 2019 05:50 AM

Alarm bells go off as Blackmores' China business takes a beating

AUSTRALIAN vitamin maker Blackmores Ltd said it would review its China business and...
PUBLISHED Feb 20, 2019 05:50 AM

TRANSPORT

STRAIT TALK

Piracy in Asia on the decline, for now

IT is always dangerous to be complacent when it comes to criminality at sea. However the...
PUBLISHED Feb 20, 2019 05:50 AM

Honda to shut major UK production plant, shedding 3,500 jobs

HONDA announced Tuesday it would shut a major plant in Britain, putting 3,500 jobs at...
PUBLISHED Feb 20, 2019 05:50 AM

Global car markets are in reverse. Trump is making it worse

THE tariffs that President Donald Trump may impose on vehicles imported to the US would...
PUBLISHED Feb 20, 2019 05:50 AM

FAA probes Southwest over baggage weight discrepancies

THE US Federal Aviation Administration (FAA) is investigating Southwest Airlines Co for...
PUBLISHED Feb 20, 2019 05:50 AM

GOVERNMENT & ECONOMY

Japanese business mood worsens in Feb

JAPANESE business sentiment worsened in February to levels last seen in late 2016, the...
PUBLISHED Feb 20, 2019 05:50 AM

M'sia nears deal with China to revive scrapped rail project

MALAYSIA is making progress in talks with China to revive a high-speed rail project that...
PUBLISHED Feb 20, 2019 05:50 AM

Pakistan's PM Khan says his country will respond if India attacks

PRIME Minister Imran Khan said on Tuesday that Pakistan would retaliate if India were to...
PUBLISHED Feb 20, 2019 05:50 AM

Taiwan's Tsai Ing-wen to seek re-election in 2020 presidential race

TAIWAN'S President Tsai Ing-wen has confirmed she will seek re-election next year...
PUBLISHED Feb 20, 2019 05:50 AM

Bernie Sanders, from gadfly to serious White House contender

ONCE dismissed by many as a fringe candidate with wacky socialist ideas, Bernie Sanders...
PUBLISHED Feb 20, 2019 05:50 AM

LIFE & CULTURE

Who votes for the Oscars, and how it works

THE ballots are almost all in. Millions of television viewers around the globe will tune...
PUBLISHED Feb 20, 2019 05:50 AM

Tiny South Africa beach restaurant crowned world's best

A TINY beach restaurant in an isolated South African fishing village was named the best...
PUBLISHED Feb 20, 2019 05:50 AM
OBITUARY

Karl Lagerfeld, Chanel's designer for decades, dies

KARL Lagerfeld, the German fashion designer who helped set the industry standard for five...
PUBLISHED Feb 20, 2019 05:50 AM

EXECUTIVE MONEY

Man or machine: Who's really driving your portfolio?

ARTIFICIAL intelligence (AI) is a hot topic. Innovations in this area are creating...
PUBLISHED Feb 20, 2019 05:50 AM

Big money is betting on gold miners over gold itself

FOR all the attention lavished on gold for its relative durability during this global...
PUBLISHED Feb 20, 2019 05:50 AM

Hedge fund operator plans US$1 billion India-focused ESG fund

AVENDUS Capital has started accepting money for one of India's first funds to base...
PUBLISHED Feb 20, 2019 05:50 AM

OPINION

Israel becoming political bombshell in Washington

THERE was a time, not so long ago, when the notion that the United States should support...
PUBLISHED Feb 20, 2019 05:50 AM
THE BOTTOM LINE

A balancing act: Japan's relations with China, Taiwan

ON the second day of the new year, Chinese President Xi Jinping delivered a speech in...
PUBLISHED Feb 20, 2019 05:50 AM
EDITORIAL

An unnecessary constitutional crisis in Washington

US President Donald Trump declared a national emergency last Friday, bypassing Congress...
PUBLISHED Feb 20, 2019 05:50 AM

Budget 2019: Building a stronger, more united Singapore

BUDGET 2019 seeks to strengthen Singapore's positioning as we move into a different...
PUBLISHED Feb 20, 2019 05:50 AM

UK's Brexit blues with Beijing, Tokyo tarnish close ties

UK ministers are on damage limitation exercises with their Japanese counterparts this...
PUBLISHED Feb 20, 2019 05:50 AM

It's time to create a global playbook for cybersecurity

IN ITS business predictions for 2019, industry analyst Forrester says more companies will...
PUBLISHED Feb 20, 2019 05:50 AM

BREAKING NEWS

Mar 25, 2019 06:30 PM

Daily Debrief: What Happened Today

Stories you might have missed
Mar 25, 2019 06:24 PM

Malaysia: Shares end lower on Monday

MALAYSIA share prices closed lower on Monday, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 17.51...
Mar 25, 2019 06:18 PM

Ex-global director of McKinsey joins Singtel board

MAINBOARD-LISTED Singtel has brought McKinsey's former managing director on board its board...
Mar 25, 2019 06:08 PM

Sias urges Hyflux to chase Salim-Medco for updates on rescue deal

FIRST came a default notice from the national water agency, followed by an announcement that Hyflux's scheduled...
Mar 25, 2019 05:57 PM

Singapore shares slide 0.9% as global growth concerns mount

IT was a sea of red in Asia on Monday as markets faced a broad sell-off fuelled by worrying concerns about the global...
Mar 25, 2019 05:34 PM

Charges of cheating amid confusion over Thailand's election result

<p/> <p/> [BANGKOK] Two major political parties raised doubts on Monday about the accuracy of Thailand...
sentifi.com

TOP 10 TALKED ABOUT: