Friday, Mar 22, 2019

TOP STORIES

Better engagement, but virtual AGMs also come with some risks

VIRTUAL Annual General Meetings (AGMs) should mean greater convenience and...

PUBLISHED Mar 22, 2019 05:50 AM

The Hyflux story so far, in BT Weekend

AS the Hyflux saga continues, we take a look back at the history of the Tuaspring...

PUBLISHED Mar 22, 2019 05:50 AM
STARTUPS

Lazada ramps up efforts to boost seller and brand growth

ALIBABA-backed e-commerce firm Lazada on Thursday announced a series of products and...

PUBLISHED Mar 22, 2019 05:50 AM

Singapore is Revolut's first stop in its Asia push

REVOLUT, one of Europe's fastest growing banking disruptors, is making Singapore...

PUBLISHED Mar 22, 2019 05:50 AM

Tembusu Partners launching several funds totalling 1b yuan

SINGAPORE-BASED Tembusu Partners is launching several investment funds totalling one...

PUBLISHED Mar 22, 2019 05:50 AM

SICC aims to raise awareness of the circular economy

THE Singapore International Chamber of Commerce (SICC) on Thursday identified raising...

PUBLISHED Mar 22, 2019 05:50 AM

One year on, Skoda chalks up record sales and is launching mobile app for drivers

AFTER the relaunch of the Skoda brand in Singapore exactly a year ago after a five-...

PUBLISHED Mar 22, 2019 05:50 AM

Singapore, US to jointly promote infrastructure development in Asia

SINGAPORE and the United States will work together to promote infrastructure...

PUBLISHED Mar 22, 2019 05:50 AM

Fed dims economic outlook, predicts no rate hikes this year

THE Federal Reserve does not expect to raise the benchmark lending rate again this...

PUBLISHED Mar 22, 2019 05:50 AM

COMPANIES & MARKETS

Advanced takes big step towards new business

SINGAPORE'S mainboard-listed Advanced Holdings' compass is finally set for a...

PUBLISHED Mar 22, 2019 05:50 AM

Frasers Property, FCT to raise stakes in PGIM Real Estate Asia Retail Fund

FRASERS Property and Frasers Centrepoint Trust (FCT), its real estate investment trust...

PUBLISHED Mar 22, 2019 05:50 AM
STOCKS

Fed's pause on rate hikes cheers markets

THE Singapore stock market made gains on Thursday, supported by a dovish US Federal...

PUBLISHED Mar 22, 2019 05:50 AM

Brokers' take

CapitaLand Retail China Trust (CRCT) | Buy (initiate)

PUBLISHED Mar 22, 2019 05:50 AM
CURRENCIES

Norwegian kroner surges as rates expected to rise again

NORWAY'S kroner surged on Thursday after the central bank raised interest rates...

PUBLISHED Mar 22, 2019 05:50 AM

Hyphens inks MOU with A*Star's A*ccelerate

SGX Catalist-listed Hyphens Pharma International Limited signed a Memorendum of...

PUBLISHED Mar 22, 2019 05:50 AM

Oxley appoints agents for sale of hotels

HAVING called off the sale of its Mercure and Novotel Hotels on Wednesday, property...

PUBLISHED Mar 22, 2019 05:50 AM
HOT STOCK

Chuan Hup shares soar 12% after firm proposes special dividend

CHUAN Hup Holdings shares surged at the start of trading on stronger-than-usual...

PUBLISHED Mar 22, 2019 05:50 AM

Corporate digest

THE High Court has appointed Yit Chee Wah of FTI Consulting (Singapore) as a judicial...

PUBLISHED Mar 22, 2019 05:50 AM

REAL ESTATE

Mortgage bond buyers not worried by Australia's housing slump

AUSTRALIA'S worst property market slump in a generation has the central bank and...

PUBLISHED Mar 22, 2019 05:50 AM

Canada's millennials get government funding to buy homes

CANADA'S housing agency will spend up to C$1.25 billion (S$1.27 billion) over...

PUBLISHED Mar 22, 2019 05:50 AM

KKR eyes Asia real estate market with US$1.5b investment fund

GLOBAL investment powerhouse KKR & Co Inc is raising its first Asia-focused real...

PUBLISHED Mar 22, 2019 05:50 AM

HK property tycoon released from jail heads home for dim sum

WHAT'S the first thing a Hong Kong billionaire property tycoon does when he'...

PUBLISHED Mar 22, 2019 05:50 AM

Philippine stock soars on Qatari fund's bet

A QATARI fund's bet in one of the world's most beautiful islands is driving...

PUBLISHED Mar 22, 2019 05:50 AM

Skanska to miss construction margin target this year and next

SWEDISH builder Skanska has warned it does not expect to reach its target for an...

PUBLISHED Mar 22, 2019 05:50 AM

BANKING & FINANCE

China banks raise record US$48b in Q1

CHINA'S banks are setting fundraising records in a rush to strengthen their...

PUBLISHED Mar 22, 2019 05:50 AM

Fed's prolonged pause opens door for Asia's central banks to cut

THE Federal Reserve's abrupt policy shift has opened the door for interest rate...

PUBLISHED Mar 22, 2019 05:50 AM

Eurozone bond yields fall as markets cheer halt in US rate hikes

EUROZONE government bond yields fell on Thursday, with German yields flirting with...

PUBLISHED Mar 22, 2019 05:50 AM

ENERGY & COMMODITIES

Oil stays above US$60 on US storage drawdown, Opec+ output cuts

OIL held above US$60 a barrel on Thursday after the biggest withdrawal of crude in...

PUBLISHED Mar 22, 2019 05:50 AM

China state fund joins global shift away from coal

ONE of China's largest state investment companies vowed to stop plowing money...

PUBLISHED Mar 22, 2019 05:50 AM

Central America struggles with deadly beetles, crop losses

HONDURAN conservationists are worried. A deadly insect that wiped out more than a...

PUBLISHED Mar 22, 2019 05:50 AM

TECHNOLOGY

Apple's new paid subscription news service to feature WSJ

THE Wall Street Journal (WSJ) plans to join a new paid subscription news service run...

PUBLISHED Mar 22, 2019 05:50 AM

Gadgets light up Xiaomi's future

XIAOMI'S future will be powered by gizmos. The Chinese giant defied a global...

PUBLISHED Mar 22, 2019 05:50 AM

Google's new gaming service will let game makers use rival clouds

A GOOGLE executive offered new details on Wednesday about the company's upcoming...

PUBLISHED Mar 22, 2019 05:50 AM

Tencent profit misses estimates as games slip, costs swell

Tencent Holdings Ltd posted a quarterly profit that missed analysts' estimates...

PUBLISHED Mar 22, 2019 05:50 AM

CONSUMER

Japan convenience stores pressed to rethink 24-7 model amid labour crunch

JAPAN'S 24-hour convenience stores are struggling to stay open around the clock...

PUBLISHED Mar 22, 2019 05:50 AM

TB can be eradicated by 2045 with proper funding: experts

THE world can eradicate tuberculosis by 2045 if the fight against the killer disease...

PUBLISHED Mar 22, 2019 05:50 AM

Duo nabbed for spy cams live-streaming from S Korean motel rooms

SOUTH Korean police have arrested two men for using illegal spy cameras at motels to...

PUBLISHED Mar 22, 2019 05:50 AM

TRANSPORT

Boeing faces growing pressure in Washington over 737 Max crashes

THE world's biggest planemaker Boeing faced growing obstacles on Wednesday to...

PUBLISHED Mar 22, 2019 05:50 AM

Two Singapore consortia to develop, trial driverless road cleaning vehicles

TWO consortia in Singapore will be undertaking the design, development and trial of...

PUBLISHED Mar 22, 2019 05:50 AM

GOVERNMENT & ECONOMY

Pound slides as Britain's MPs dice with deal or no-deal

IT is crunch time for the British government and MPs, who after 1,000 days still haven...

PUBLISHED Mar 22, 2019 05:50 AM

EU leaders close ranks ahead of Xi visit, EU-China summit

THE European Union will weigh a more defensive strategy on China on Thursday,...

PUBLISHED Mar 22, 2019 05:50 AM

BOE keeps rates on hold as businesses brace for no-deal Brexit

THE Bank of England (BOE) kept interest rates steady on Thursday and said that most...

PUBLISHED Mar 22, 2019 05:50 AM

Australia's jobless rate falls to near 8-year low

AUSTRALIA'S jobless rate fell to a near eight-year low in February as a bumper...

PUBLISHED Mar 22, 2019 05:50 AM

OPINION

Economic magic or a risky fantasy?

AT Stanford University recently, I watched Professor Mark Duggan reluctantly ask US...

PUBLISHED Mar 22, 2019 05:50 AM
THE BOTTOM LINE

The next financial crisis may be worse than that of 2008

IT is difficult to forecast when the next global economic recession will happen. It is...

PUBLISHED Mar 22, 2019 05:50 AM
EDITORIAL

Tackling inequality in Singapore: uplift the bottom, not tax the rich

GIVEN the long-running, wide-ranging discussions on inequality that swept Singapore...

PUBLISHED Mar 22, 2019 05:50 AM

Red-hot Beto could end up with blue party's veto

"I AM not sure what it is, but the guy has that something, that charisma, and I...

PUBLISHED Mar 22, 2019 05:50 AM
COMMENTARY

India's economic data under a cloud

THE carefully-crafted image of Prime Minister Narendra Modi as an economic reformer...

PUBLISHED Mar 22, 2019 05:50 AM
COMMENTARY

As G20 chair, Japan is placed to resurrect free trade - but faces challenges

Japan is the chair of G20 this year, under the established system of annual rotation...

PUBLISHED Mar 22, 2019 05:50 AM

Lifestyle

DINING OUT

Bistro food with a star touch

THE name has been changed to Cheek but it's still very much a Cheek by Jowl...

PUBLISHED Mar 22, 2019 05:50 AM

Aglianico in its own right

WINES made from the aglianico grape were virtually unknown to much of the world just...

PUBLISHED Mar 22, 2019 05:50 AM

New Room at the Inn

THERE’S A NEW hotspot in town and everyone who is anyone wants to be there. But they...

PUBLISHED Mar 22, 2019 05:50 AM

David Yarrow

FIVE YEARS AGO, David Yarrow left his position as a hedge fund manager in the UK to...

PUBLISHED Mar 22, 2019 05:50 AM

Zen’s New Menu

The show goes on at the dinner theatre that is Zen - where fun, food and hospitality...

PUBLISHED Mar 22, 2019 05:50 AM

Deep Dive

Hot off its recent SIHH 2019 novelties, Panerai announced a surprise drop earlier this...

PUBLISHED Mar 22, 2019 05:50 AM

The New Piano Man

Don't worry if you've never heard of Tom Odell. The English singer-...

PUBLISHED Mar 22, 2019 05:50 AM

Sakura Madness

Missing out on seeing sakura in Japan? Don’t fret. Just create your own cherry blossom...

PUBLISHED Mar 22, 2019 05:50 AM

Come on, get happy

A new film festival called the Happiness Film Festival wants to see its audiences...

PUBLISHED Mar 22, 2019 05:50 AM

Britpop legends

If you were a child of the ‘80s, you probably loved the Pet Shop Boys, whose synth-pop...

PUBLISHED Mar 22, 2019 05:50 AM

Charlie Siem In Singapore

Violinist Charlie Siem is one of the hot young stars of classical music. Not only is...

PUBLISHED Mar 22, 2019 05:50 AM

Plant it Forward

IT LOOKS LIKE 2019 is set to be a banner year for plant-based meats in Singapore. If...

PUBLISHED Mar 22, 2019 05:50 AM

Chefs' Specials

Intense, savoury, nutty, and full of umami, this Addict Kombu Butter is superb as a...

PUBLISHED Mar 22, 2019 05:50 AM

Living in Harmony

Back in the day when Keong Saik Road was still a residential zone, it was home to...

PUBLISHED Mar 22, 2019 05:50 AM

Old World Charm in San Sebastian

AS A TRAVEL destination, San Sebastian – a small coastal town in northern Spain facing...

PUBLISHED Mar 22, 2019 05:50 AM

Hero Overload

WHY ARE WE so obsessed with superheroes? Not a month goes by without a superhero movie...

PUBLISHED Mar 22, 2019 05:50 AM

Singapore, Our Neighbourhood

ARE TEXTBOOKS AND MUSEUMS the only outlets to learn about Singapore’s past? Not so,...

PUBLISHED Mar 22, 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 15 min ago
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