Thursday, Mar 21, 2019

TOP STORIES

PENNY STOCKS SAGA

Goh Hin Calm gets 3 years for role in trading conspiracy

ONE of the three defendants in the penny stock case was sentenced to three years...

PUBLISHED Mar 21, 2019 05:50 AM

More room at the inn

STAYCATIONERS, rejoice. Going by how local hotels are reporting a growing number of...

PUBLISHED Mar 21, 2019 05:50 AM
COMMENTARY

MAS scores, sets benchmark for others

THE Monetary Authority of Singapore's (MAS) first-ever enforcement report lifts...

PUBLISHED Mar 21, 2019 05:50 AM

Looking for the pot of gold in Asia's rainbow

A SMALL, export-oriented market with attractive corporate taxes and sizeable...

PUBLISHED Mar 21, 2019 05:50 AM

Asian business sentiment near 3-year low as trade war drags

CONFIDENCE among Asian companies held near three-year lows in the first quarter as a...

PUBLISHED Mar 21, 2019 05:50 AM

Pine Labs buys India gift card solutions provider Qwikcilver for US$110m

TEMASEK-BACKED Pine Labs has acquired Indian gift card solutions provider, Qwikcilver...

PUBLISHED Mar 21, 2019 05:50 AM

StanChart pumps US$2.5b into consolidated local unit

STANDARD Chartered Bank will be injecting more than US$2.5 billion in common equity...

PUBLISHED Mar 21, 2019 05:50 AM

Car COE prices rise on likely quota dip ahead

CERTIFICATE of Entitlement (COE) prices finished mostly higher in the latest tender,...

PUBLISHED Mar 21, 2019 05:50 AM

Gates joins Bezos in the two-member centibillionaires club

BLOOMBERG tracks the fortunes of some 2,800 billionaires. Of those, 145 are worth at...

PUBLISHED Mar 21, 2019 05:50 AM

COMPANIES & MARKETS

Challenger Technologies aims to delist with S$0.56-a-share offer

CHALLENGER Technologies announced on Wednesday that it intends to delist from the...

PUBLISHED Mar 21, 2019 05:50 AM

Terminated hotel deal a setback for Oxley's deleveraging plans

AGGRESSIVELY geared Oxley Holdings will find it harder to keep to its stated...

PUBLISHED Mar 21, 2019 05:50 AM

SGReit's new leases bring reassurances, but credit outlook takes a hit

NEW long-term master leases announced by Starhill Global Reit (SGReit) for two of its...

PUBLISHED Mar 21, 2019 05:50 AM

Lendlease mulling retail Reit listing on SGX: report

AUSTRALIA-listed developer Lendlease Group could be planning to raise up to US$500...

PUBLISHED Mar 21, 2019 05:50 AM

Frasers Property cashes out its half share of Melbourne office for A$326.2m

FRASERS Property's Australian division is selling its 50 per cent share of...

PUBLISHED Mar 21, 2019 05:50 AM

Tencent may bid for US$3b Temasek stake in AS Watson

CHINESE Internet giant Tencent Holdings Ltd is weighing a bid for part of Temasek...

PUBLISHED Mar 21, 2019 05:50 AM
NEWS ANALYSIS

Will Salim-Medco walk away from Hyflux deal?

HYFLUX has been forced into a bind, and its fate could well be sealed without...

PUBLISHED Mar 21, 2019 05:50 AM

Oceanus Group completes purchase of majority stake in video marketing firm AP Media

ABALONE producer Oceanus Group, through its subsidiary Oceanus Investment Holdings (...

PUBLISHED Mar 21, 2019 05:50 AM

Raffles United gets in-principle SGX nod, major shareholder's undertaking for rights issue

BEARINGS and seals supplier Raffles United Holdings has received in-principle approval...

PUBLISHED Mar 21, 2019 05:50 AM

Corporate digest

TRANSCORP will hold its delayed annual general meeting on March 22, having been...

PUBLISHED Mar 21, 2019 05:50 AM
STOCKS

Singapore market dips on US, China issues

RENEWED pain points between the US and China saw the Singapore stock market dip early...

PUBLISHED Mar 21, 2019 05:50 AM

Brokers' take

It has been challenging for Dairy Farm's supermarket /hypermarket division over...

PUBLISHED Mar 21, 2019 05:50 AM
CURRENCIES

Dollar rises on trade war angst before Fed meeting

THE dollar gained on Wednesday, attracting safe-haven bids after reports of further...

PUBLISHED Mar 21, 2019 05:50 AM

REAL ESTATE

Boulevard 88 sells 20 units during previews, mostly four-bedroom units

HIGH-END freehold project Boulevard 88 in prime district 10 has sold 20 of the 25...

PUBLISHED Mar 21, 2019 05:50 AM

Sydney apartment market poses financial stability risks: RBA

THE apartment market in Sydney - Australia's largest city - is "quite soft...

PUBLISHED Mar 21, 2019 05:50 AM

Japan's regional land prices rise for first time since property bubble burst in 1990s

LAND prices outside Japan's three main cities rose for the first time since the...

PUBLISHED Mar 21, 2019 05:50 AM

Fund sees opportunity in India's real estate turmoil

THE turmoil in India's residential property market and the cash squeeze faced by...

PUBLISHED Mar 21, 2019 05:50 AM

Foreign investors, tourism fuel a Greek revival

LESS than a year after Greece emerged from a multibillion-euro international bailout,...

PUBLISHED Mar 21, 2019 05:50 AM

The Flintstone House, a home so odd it was declared a public nuisance

A SMALL town in the San Francisco Bay Area is apparently unamused by improvements that...

PUBLISHED Mar 21, 2019 05:50 AM

BANKING & FINANCE

Fed expected to hold interest rates steady

THE US Federal Reserve on Wednesday is expected to hold interest rates steady, shave...

PUBLISHED Mar 21, 2019 05:50 AM

Finding right partners, regulation key concerns of fintech startups

SOME fintech startups that are giving traditional banks a run for their money seem...

PUBLISHED Mar 21, 2019 05:50 AM

CLSA's CEO joins chair in resigning as parent CITIC tightens control

THE chief executive of brokerage CLSA Ltd has resigned with more management changes...

PUBLISHED Mar 21, 2019 05:50 AM

Foreign investors net buyers of Asian bonds in Feb

FOREIGNERS turned net buyers of Asian bonds in February, but the flows were uneven as...

PUBLISHED Mar 21, 2019 05:50 AM

TECHNOLOGY

Instagram moves into e-commerce with shopping button

FACEBOOK-OWNED Instagram on Tuesday made a move into potentially lucrative e-commerce...

PUBLISHED Mar 21, 2019 05:50 AM

CONSUMER

Plant-protein startups vie to tap China's hungry market

START-UPS specialising in alternative protein - from eggless eggs to pea-stuffed...

PUBLISHED Mar 21, 2019 05:50 AM

Thousands of firings expected after Disney closes Fox deal

WALT Disney Co completed its US$71 billion acquisition of 21st Century Fox Inc's...

PUBLISHED Mar 21, 2019 05:50 AM

Europe's first underwater restaurant opens

EUROPE'S first underwater restaurant opens in Norway on Wednesday with more than...

PUBLISHED Mar 21, 2019 05:50 AM

TRANSPORT

Nissan cuts China sales outlook by 8% as car market sputters

NISSAN Motor Co is cutting a future target for China car sales by about 8 per cent,...

PUBLISHED Mar 21, 2019 05:50 AM

Some local, foreign firms eyeing Malaysia Airlines: Dr M

MALAYSIA has received interest from some local and foreign firms to buy national...

PUBLISHED Mar 21, 2019 05:50 AM

China mulls excluding Boeing 737 Max from US trade deal

CHINA is looking at excluding Boeing Co's troubled 737 Max jet from a list of...

PUBLISHED Mar 21, 2019 05:50 AM

Boeing 737 crisis deals blow to Norwegian's low-cost transatlantic routes

NORWEGIAN Air Shuttle's reliance on the fuel-saving Boeing 737 Max to underpin...

PUBLISHED Mar 21, 2019 05:50 AM

Trump picks Delta veteran to head federal aviation agency

PRESIDENT Donald Trump on Tuesday named Stephen Dickson, a former Delta Air Lines...

PUBLISHED Mar 21, 2019 05:50 AM

GOVERNMENT & ECONOMY

Brexit: May to request short extension

BRITISH Prime Minister Theresa May will request a short delay to Brexit on Wednesday...

PUBLISHED Mar 21, 2019 05:50 AM

Tokyo downgrades view of economy as US-China trade war affects exports, output

JAPAN'S government downgraded its assessment of the economy in March for the...

PUBLISHED Mar 21, 2019 05:50 AM

Saudis seek US$20b in investments for landmark

SAUDI Arabia is targeting up to US$20 billion of investments through 2035 for a...

PUBLISHED Mar 21, 2019 05:50 AM

LIFE & CULTURE

Exhibition turns up trove of looted Nazi art in Louvre

A NEW exhibition has uncovered a hoard of art looted from a Jewish family almost wiped...

PUBLISHED Mar 21, 2019 05:50 AM

Tele-match kickstarts 6th instalment of LEAD

A SUCCESSFUL mentorship is often built on a foundation of trust.

PUBLISHED Mar 21, 2019 05:50 AM

Colours brighten awareness of Down Syndrome

TO MARK World Down Syndrome Day, 30 OCBC volunteers and 25 students from the MINDS-...

PUBLISHED Mar 21, 2019 05:50 AM

OPINION

Towards better urban water management

TODAY, as more than half the world's population live in cities, Asia is expecting...

PUBLISHED Mar 21, 2019 05:50 AM
THE BOTTOM LINE

The Fed should buy recession insurance

THE next global downturn may still be a little way off. The chances that the North...

PUBLISHED Mar 21, 2019 05:50 AM
EDITORIAL

Food for thought when it comes to reducing food waste on planes

WITH millions of people flying around the world every day, the amount of waste...

PUBLISHED Mar 21, 2019 05:50 AM

Measures needed to ensure a vibrant equity market

THE recent announcement by the Monetary Authority of Singapore (MAS) of the Grant for...

PUBLISHED Mar 21, 2019 05:50 AM
COMMENTARY

Brazil leader's US visit showcases global rise of populism

DONALD Trump met at the White House on Tuesday with fellow conservative populist Jair...

PUBLISHED Mar 21, 2019 05:50 AM
COMMENTARY

Power shift to Asia offers opportunity and challenge to German companies

IS this the beginning of the Asian Century? There are many indications that it is....

PUBLISHED Mar 21, 2019 05:50 AM

BREAKING NEWS

Apr 22, 2019 01:25 PM

Singapore stocks: STI resumes Monday afternoon at 3,353.30, up 0.17% on day

SINGAPORE stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.17 per...

Apr 22, 2019 01:14 PM

China: Stocks fall from 13-month high on worries Beijing may slow policy easing

[SHANGHAI] China stocks retreated from a 13-month high on Monday as comments from top policymaking bodies raised...

Apr 22, 2019 01:09 PM

Ghosn indicted on new charges by prosecutors: TBS and Kyodo

[TOKYO] Carlos Ghosn was indicted on new breach of trust charges, Japanese broadcaster TBS and Kyodo News said, the...

Apr 22, 2019 01:00 PM

China names Chen Siqing to head world's largest bank

[SHANGHAI] China has named a new chief for Industrial & Commercial Bank of China Ltd, the world's largest lender...

Apr 22, 2019 12:55 PM

New GPS-based approach procedures for Seletar Airport; Firefly makes inaugural landing

[SINGAPORE] The new GPS-based instrument approach procedures for Seletar Airport could be rolled out within six to...

Apr 22, 2019 12:24 PM

Brokers' take: DBS raises target price, OCBC increases fair value on CapitaLand Commercial Trust

DBS Equity Research raised CapitaLand Commercial Trust (CCT)'s target price from S$2 to S$2.10 and maintained its "...

UPDATED 1 hour 7 min ago
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