Thursday, Mar 14, 2019

TOP STORIES

BREXIT CRISIS

Singapore firms to ride out Brexit with eye on buy opportunities

Singapore property players with exposure to the UK market are not fretting over the...
PUBLISHED Mar 14, 2019 05:50 AM

China-US trade war biggest wildcard for Singapore economy

PRIVATE-SECTOR economists cited the US-China trade war as the biggest wildcard that could...
PUBLISHED Mar 14, 2019 05:50 AM

Contrarian chefs' backstories

RISHI Naleendra used to daydream about getting a Michelin star. Then he got one, and now...
PUBLISHED Mar 14, 2019 05:50 AM
BREXIT CRISIS: NEWS ANALYSIS

Latest rejection of May's Brexit deal opens up several scenarios

DAILY Mail cartoonist Paul Thomas' slug line in a cartoon for the Daily Mail summed...
PUBLISHED Mar 14, 2019 05:50 AM

Pound's yo-yo causing headaches; DBS strategist urges defensive stance

THE see-sawing of the British pound as the fate of Brexit vacillates has been...
PUBLISHED Mar 14, 2019 05:50 AM

MAS seeks 'good long-term returns' on reserves through balanced asset allocation

THE Monetary Authority of Singapore (MAS) seeks to achieve "good long-term returns...
PUBLISHED Mar 14, 2019 05:50 AM

Insurtech startup CXA raises US$25m, expects to break even next year

SINGAPORE-BASED insurtech startup CXA Group has raised US$25 million in a bridge funding...
PUBLISHED Mar 14, 2019 05:50 AM

New training programme offers bite-sized learning for busy SME bosses

THERE is now little excuse for busy owners of small and medium-sized enterprises (SMEs)...
PUBLISHED Mar 14, 2019 05:50 AM

BT's Angela Tan wins Excellence in Journalism award

A READER of The Business Times (BT), writing on behalf of over 100 retail investors, once...
PUBLISHED Mar 14, 2019 05:50 AM

Fed bars 2 ex-Goldman executives in 1MDB scandal

THE Federal Reserve on Tuesday barred two former Goldman Sachs executives from working in...
PUBLISHED Mar 14, 2019 05:50 AM

Asean increasingly important to US firms: AmCham survey

NOW, more than ever before, economic ties with the United States rely not just on what...
PUBLISHED Mar 14, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

High time Singapore sets up proper whistleblower laws, protection

THE Australian parliament recently passed a host of amendments to the country's...
PUBLISHED Mar 14, 2019 05:50 AM

Gold bulls could spark interest in Singapore-listed miners

WASH, rinse and repeat - gold bulls are charging in once again, emboldened in recent days...
PUBLISHED Mar 14, 2019 05:50 AM

Singapore, US derivative trading venues deemed comparable

IN A win for cross-border market regulation, Singapore regulators and their US...
PUBLISHED Mar 14, 2019 05:50 AM

SingPost may wind down or sell US e-commerce unit: analysts

SINGAPORE Post Ltd is likely to wind down or sell its loss-making US e-commerce business...
PUBLISHED Mar 14, 2019 05:50 AM

Asia boosts Prudential profit, demerger of British business making progress

BRITAIN'S biggest insurer, Prudential, reported an above-forecast 6 per cent rise in...
PUBLISHED Mar 14, 2019 05:50 AM

Singapore moving into IPO radar with rising interest in Asean: PwC poll

WHILE the top listing destinations that issuers will consider beyond their home exchange...
PUBLISHED Mar 14, 2019 05:50 AM

UOB prices Singapore's first Panda bond at 3.49%

UNITED Overseas Bank (UOB) has successfully priced the first Panda bond from Singapore,...
PUBLISHED Mar 14, 2019 05:50 AM

Corporate digest

VIBRANT Group has pulled itself back into the black for the quarter ended Jan 31, 2019,...
PUBLISHED Mar 14, 2019 05:50 AM
STOCKS

Asia markets will keep eye on China data

THE RESULT of Wednesday's UK parliamentary vote on Brexit will be among the key...
PUBLISHED Mar 14, 2019 05:50 AM

Brokers' take

While we acknowledge that increased weighting of China in MSCI EM indices is a key...
PUBLISHED Mar 14, 2019 05:50 AM
CURRENCIES

Aussie dollar retreats again on concerns over economy

THE Australian dollar skidded lower on Wednesday after a consumer confidence gauge...
PUBLISHED Mar 14, 2019 05:50 AM

REAL ESTATE

Claremont Hotel back on market with lower asking price

CLAREMONT Hotel, a freehold eight-storey development along Serangoon Road, is back on the...
PUBLISHED Mar 14, 2019 05:50 AM

'Beehive' housing opens in Barcelona on the sly

FOR the past few weeks, Harry Kajevic has been sleeping in a 2.4 square metre capsule...
PUBLISHED Mar 14, 2019 05:50 AM

Condo, HDB rents stagnate in Feb as leasing volumes drop

THE rental market for non-landed private properties and HDB flats in Singapore remained...
PUBLISHED Mar 14, 2019 05:50 AM

Singapore co-working space reaches next level of luxury

THE Great Room's co-working space in Singapore's Centennial Tower doesn't...
PUBLISHED Mar 14, 2019 05:50 AM

BANKING & FINANCE

Emerging Asia's top bonds get fresh impetus from new governor

THE new and more dovish Philippine central bank governor could reward the country's...
PUBLISHED Mar 14, 2019 05:50 AM

Japan's top life insurer taps derivatives to fight low yields

IN A WORLD of falling bond yields and rising hedging costs, Japan's leading life...
PUBLISHED Mar 14, 2019 05:50 AM

ENERGY & COMMODITIES

Malaysia bauxite miners must conduct environmental study

MALAYSIA said that bauxite miners must each conduct a study on the environmental impact...
PUBLISHED Mar 14, 2019 05:50 AM

Six foreign-controlled miners to start divestments in 'near future': Indonesia

SIX foreign-controlled miners operating in Indonesia, including PT Vale Indonesia and a...
PUBLISHED Mar 14, 2019 05:50 AM

Trading surge in oil options creates a whirl of speculation

GLOBAL oil options markets this week were the busiest since November after a flurry of...
PUBLISHED Mar 14, 2019 05:50 AM

Asian jet fuel profit margins hit over 8-month low on weak demand

ASIAN refining margins for jet fuel dropped for a second straight session on Wednesday to...
PUBLISHED Mar 14, 2019 05:50 AM

TECHNOLOGY

British panel calls for stricter antitrust rules on tech giants

THE expanding power of technology companies has become a talking point in the US...
PUBLISHED Mar 14, 2019 05:50 AM

iPhone trends going from 'bad to worse': Longbow Research

APPLE Inc. continues to struggle with iPhone demand, particularly in China, with trends...
PUBLISHED Mar 14, 2019 05:50 AM

Facebook deletes, then restores Warren's ads

SENATOR Elizabeth Warren, the Massachusetts Democrat vying for the presidency, didn'...
PUBLISHED Mar 14, 2019 05:50 AM

CONSUMER

Top American universities shun cash from Huawei under Trump pressure

TOP US universities are shunning research money from Huawei Technologies Co amid pressure...
PUBLISHED Mar 14, 2019 05:50 AM

Adidas expects supply chain problems to rein in H1 sales growth

ADIDAS expects supply chain issues to hit sales growth in the first half of the year,...
PUBLISHED Mar 14, 2019 05:50 AM

China likely to boost pork imports; spurs rally in US hog futures

CHINA, the world's biggest consumer of pork, appears poised to boost imports,...
PUBLISHED Mar 14, 2019 05:50 AM

TRANSPORT

US says 'no basis' to ground 737 MAX jets

THE United States said there is "no basis" to ground Boeing 737 MAX airplanes,...
PUBLISHED Mar 14, 2019 05:50 AM

Cathay Pacific posts HK$2.35b profit after two years of losses

HONG KONG'S Cathay Pacific Airways Ltd reported a HK$2.35 billion (S$405.9 million)...
PUBLISHED Mar 14, 2019 05:50 AM

Nissan HR exec exits as Ghosn power structure is dismantled

A SENIOR Nissan Motor Co human resources executive left the carmaker as part of a wider...
PUBLISHED Mar 14, 2019 05:50 AM

GOVERNMENT & ECONOMY

Hammond says Brexit war chest has grown

BRITAIN on Wednesday slashed its 2019 economic growth forecast, as Finance Minister...
PUBLISHED Mar 14, 2019 05:50 AM

Singapore top in Asia-Pacific for quality of living and personal safety: survey

SINGAPORE has come out tops for the highest quality of living in Asia-Pacific, also...
PUBLISHED Mar 14, 2019 05:50 AM

Japan's machinery orders fall as trade war bites

JAPAN'S machinery orders fell in January at the fastest pace in four months as the...
PUBLISHED Mar 14, 2019 05:50 AM
LATEST US DATA

Core US capital goods orders beat forecasts with 0.8% jump in January

NEW orders for key US-made capital goods rose by the most in six months in January and...
PUBLISHED Mar 14, 2019 05:50 AM
COMMENTARY

Why Kim Jong Un might not care for the riches Trump is promising

PRESIDENT Donald Trump has spent a lot of time trying to convince Kim Jong Un that great...
PUBLISHED Mar 14, 2019 05:50 AM

LIFE & CULTURE

Singtel ramps up e-sports support and community initiatives ahead of SEA Games

WITH e-sports officially a medal event at this year's Southeast Asian Games (SEA...
PUBLISHED Mar 14, 2019 05:50 AM

Vietnam's elephant race draws cheers and critics' jeers

MAHOUT Y Hoi Bya sits atop his elephant, whacking him with a large stick to urge him...
PUBLISHED Mar 14, 2019 05:50 AM

Your surrounds may be safer but your immune system has never been weaker

SHOULD you use anti-bacterial soap or hand sanitisers? No. Are we taking too many...
PUBLISHED Mar 14, 2019 05:50 AM

OPINION

Brexit defeat could end May's premiership

THERESA May's premiership is hanging by the threads after the House of Commons voted...
PUBLISHED Mar 14, 2019 05:50 AM
EDITORIAL

Aviation authorities are best placed to decide whether or not to ground jets

FOLLOWING the crash of the Ethiopian Airlines commercial jet soon after take-off on...
PUBLISHED Mar 14, 2019 05:50 AM
THE BOTTOM LINE

Trump's nepotism chipping away at America's democracy

IN some ways, it was the same for all of us. As your parent is campaigning for the...
PUBLISHED Mar 14, 2019 05:50 AM

It's game over for traditional banking as we know it

Historically, traditional banks believed that their captive customers, relatively strong...
PUBLISHED Mar 14, 2019 05:50 AM
COMMENTARY

The challenge of monetary policy independence

THE United States Federal Reserve has done it again. In 2018, the prospect of higher US...
PUBLISHED Mar 14, 2019 05:50 AM
COMMENTARY

Bribes to get into Yale and Stanford fly in the face of social mobility

ONE of the funniest stories I ever heard about the college admissions madness came from...
PUBLISHED Mar 14, 2019 05:50 AM

BREAKING NEWS

Mar 24, 2019 11:36 PM

Thailand’s junta-linked party in the lead after nearly all ballots counted

[BANGKOK] Thailand’s junta-linked party took a shock lead in the popular vote with nearly all ballots counted, the...
Mar 24, 2019 09:45 PM

Brexit up in the air as May faces possible plot, parliament tries to grab control

[LONDON] The United Kingdom's exit from the European Union was in disarray on Sunday as Prime Minister Theresa May...
Mar 24, 2019 08:16 PM

S'pore's largest condo Treasure at Tampines moves 272 units at launch

SINGAPORE'S largest condominium Treasure at Tampines sold 272 units at an average S$1,280 per sq ft, after the...
Mar 24, 2019 07:15 PM

Sabana Reit's Tuas industrial building sale off the table

SABANA Reit's divestment of a Tuas industrial building is off for now after the purchaser did not obtain approvals...
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