Wednesday, Apr 10, 2019

TOP STORIES

CapLand to build on S$11b ASB deal in Singapore, China, India, Vietnam

CAN one plus one add up to three, five, seven or even twenty? CapitaLand group chief...

PUBLISHED Apr 10, 2019 05:50 AM

Top 5 billion-dollar SGX stocks average 49% return year to date

THE five top performing billion-dollar stocks in Singapore have averaged a total...

PUBLISHED Apr 10, 2019 05:50 AM
MALAYSIA-SINGAPORE LEADERS' RETREAT

1962 Water Agreement is sacrosanct: PM Lee

SINGAPORE and Malaysia have to work together to ensure the Johor River can produce...

PUBLISHED Apr 10, 2019 05:50 AM
MALAYSIA-SINGAPORE LEADERS' RETREAT

Singapore, Malaysia to start talks on maritime boundaries within a month

SINGAPORE and Malaysia will begin negotiations to delimit their maritime boundaries in...

PUBLISHED Apr 10, 2019 05:50 AM
MALAYSIA-SINGAPORE LEADERS' RETREAT

Singapore's EZ-Link, Malaysia's Touch 'n Go to introduce cross-border Combi Card

EZ-Link and Malaysia's biggest multi-application e-purse Touch 'n Go on Tuesday...

PUBLISHED Apr 10, 2019 05:50 AM
MALAYSIA-SINGAPORE LEADERS' RETREAT

Malaysia mulls alternatives to RTS Link: Mahathir

MALAYSIA has proposed, and Singapore has agreed to consider, suspending the Johor Baru...

PUBLISHED Apr 10, 2019 05:50 AM

EU leaders expected to agree on Brexit delay by a year

FRUSTRATED European Union (EU) leaders are expected to agree to a Brexit delay that...

PUBLISHED Apr 10, 2019 05:50 AM
SINGAPORE MARITIME WEEK

Singapore unveils innovation lab for self-sailing ships

SELF-SAILING ships are set to join drones and self-driving cars in Singapore's future...

PUBLISHED Apr 10, 2019 05:50 AM

COMPANIES & MARKETS

HYFLUX SAGA

Hyflux default could signal more trouble ahead for Singapore bond market: S&P

S&P Global Ratings said the default of troubled water and power company Hyflux...

PUBLISHED Apr 10, 2019 05:50 AM

Equal mix of cash, shares to pay for Ascendas-Singbridge buy is prudent: CapitaLand CEO Lee Chee Koon

CAPITALAND said it weighed carefully its funding requirement to pay for the...

PUBLISHED Apr 10, 2019 05:50 AM

SPH growth strategy on track, even as Q2 profits slip

MEDIA group Singapore Press Holdings (SPH) said its growth strategy remains on track...

PUBLISHED Apr 10, 2019 05:50 AM
HOCK LOCK SIEW

More M&A could be in the offing for S-Reits

OUE Commercial Reit (OUE C-Reit) and OUE Hospitality Trust (OUE H-Trust) are coming...

PUBLISHED Apr 10, 2019 05:50 AM
STOCKS

STI ekes out gains amid lack of local catalysts

DESPITE lacking local catalysts, the Singapore benchmark index managed to overturn...

PUBLISHED Apr 10, 2019 05:50 AM

Brokers' take

Las Vegas Sands Corporation (LVS) announced a S$4.5 billion commitment to expand...

PUBLISHED Apr 10, 2019 05:50 AM
CURRENCIES

Crude oil price rally propels commodity currencies

THE Australian and Canadian dollar rose on Tuesday, aided by a surge in oil prices to...

PUBLISHED Apr 10, 2019 05:50 AM

Asian investors putting more money in sustainable investing

ASSET managers and owners in Asia are committing more funds to sustainable investments...

PUBLISHED Apr 10, 2019 05:50 AM
HOT STOCK

Hi-P shares drop 14% following Maybank Kim Eng's downgrade

HI-P International slid amid heavy trading, following a downgrade of its stock to "...

PUBLISHED Apr 10, 2019 05:50 AM

Corporate digest

UNITED Overseas Bank (UOB) has priced the issue of its US$600 million subordinated...

PUBLISHED Apr 10, 2019 05:50 AM

Buyout group Apollo prepares bottle maker Verallia for possible 4b-euro IPO: sources

BUYOUT group Apollo is preparing French glass bottle maker Verallia for a stock market...

PUBLISHED Apr 10, 2019 05:50 AM

REAL ESTATE

Ascott bags contracts to manage 14 properties across 8 countries

CAPITALAND's serviced residence armĀ TheĀ Ascott Ltd has secured contracts to manage 14...

PUBLISHED Apr 10, 2019 05:50 AM

Hmlet to open its largest co-living space

SINGAPORE based co-living company, Hmlet, has signed a new property in the Tanjong...

PUBLISHED Apr 10, 2019 05:50 AM

Private resale prices now just 0.6% below July 2018 peak: SRX

THE private resale property market saw its biggest recovery in activity since being...

PUBLISHED Apr 10, 2019 05:50 AM

ENERGY & COMMODITIES

For peek into oil market's future, go back to 1990s: Goldman

THE future of the oil market may resemble the past - specifically the 1990s -...

PUBLISHED Apr 10, 2019 05:50 AM

China plans to ban cryptocurrency mining in renewed clampdown

CHINA signalled its intent to ban cryptocurrency mining, dealing a fresh blow to an...

PUBLISHED Apr 10, 2019 05:50 AM

Indonesian gold miner Amman looking into US$600m IPO

PT AMMAN Mineral Nusa Tenggara, which owns the second largest copper and gold mine in...

PUBLISHED Apr 10, 2019 05:50 AM

TECHNOLOGY

Pinterest dials down expectations as IPO nears

PINTEREST set a price range for its initial public offering that will value the...

PUBLISHED Apr 10, 2019 05:50 AM

Canada hails Facebook ban on far-right figures

THE Canadian government on Monday hailed Facebook's decision to ban prominent far-...

PUBLISHED Apr 10, 2019 05:50 AM

CONSUMER

Wynn drops takeover talks for Australia's Crown Resorts

WYNN Resorts Ltd has abruptly ended its talks to buy Australian billionaire James...

PUBLISHED Apr 10, 2019 05:50 AM

Burger King pulls chopsticks ad after social media furore

BURGER King has pulled a promotional video in New Zealand showing customers trying to...

PUBLISHED Apr 10, 2019 05:50 AM

China's sweet-toothed millennials lure giant sugar player MSM

ONE of Asia's biggest sugar refiners is in talks to sell the sweetener in China,...

PUBLISHED Apr 10, 2019 05:50 AM

TRANSPORT

STRAIT TALK

Positioning Singapore's maritime sector for the future

READERS will not need this column to inform them that this is a very busy time in...

PUBLISHED Apr 10, 2019 05:50 AM
DRONES TESTING

Surbana Jurong partners AeroLion Technologies to develop drone solutions

URBAN and infrastructure consultancy Surbana Jurong and drone startup AeroLion...

PUBLISHED Apr 10, 2019 05:50 AM
DRONES TESTING

Seletar Aerospace Park to offer indoor testbeds for commercial use of drones

JTC and the Association of Aerospace Industries Singapore (AAIS) announced on Tuesday...

PUBLISHED Apr 10, 2019 05:50 AM

Ghosn accuses Nissan executives of 'backstabbing' plot

CARLOS Ghosn has accused "backstabbing" Nissan executives of a "conspiracy" that led...

PUBLISHED Apr 10, 2019 05:50 AM

GOVERNMENT & ECONOMY

Mahathir confirms resignation of Johor chief minister

MALAYSIAN Prime Minister Tun Dr Mahathir Mohamad has confirmed the resignation of...

PUBLISHED Apr 10, 2019 05:50 AM

IMF cuts global growth outlook to lowest since 2009

THE International Monetary Fund cut its outlook for global growth to the lowest since...

PUBLISHED Apr 10, 2019 05:50 AM

Aramco sees successful debut bond sale orders

SAUDI Aramco, the world's largest oil company, has received US$85 billion in orders...

PUBLISHED Apr 10, 2019 05:50 AM

Big-data infusion for US inflation gauge starts with apparel

THE US consumer price index, which traces its origins back more than a century, gets...

PUBLISHED Apr 10, 2019 05:50 AM

Winners and losers of India's poll manifestos

INDIA'S farmers and the poor stand to gain irrespective of whether Prime Minister...

PUBLISHED Apr 10, 2019 05:50 AM

Israelis consider 'King Bibi' vs 'Bibi fatigue'

ISRAELIS began voting in an election on Tuesday that could hand conservative Prime...

PUBLISHED Apr 10, 2019 05:50 AM

LIFE & CULTURE

State-of-the-art training centre for national golfers

A HOME within a home. That is how most of the Singapore Golf Association's (SGA)...

PUBLISHED Apr 10, 2019 05:50 AM

As time catches up with rock's legends, can the genre survive?

MICK JAGGER "on the mend" following a heart valve procedure; Ozzy Osbourne postponing...

PUBLISHED Apr 10, 2019 05:50 AM

Farina, Senna, Singapore: 10 key moments as F1 hits 1,000

THE Chinese Grand Prix in Shanghai on Sunday will be Formula One's 1,000th race. Here...

PUBLISHED Apr 10, 2019 05:50 AM

EXECUTIVE MONEY

EM currencies flash warnings

THE year has been great so far for risk assets from stocks to credit, and emerging-...

PUBLISHED Apr 10, 2019 05:50 AM

Investors tiptoe as equity rally stretches on

AS THE hot start for stocks this year stretches into the second quarter, investors are...

PUBLISHED Apr 10, 2019 05:50 AM

Global warming can hurt investors: report

INVESTORS be warned: If the planet heats up by more than two degrees, it's going to...

PUBLISHED Apr 10, 2019 05:50 AM

OPINION

Trump challenges party's monetary orthodoxy

IF you are trying to illustrate the extraordinary way that President Donald Trump has...

PUBLISHED Apr 10, 2019 05:50 AM
THE BOTTOM LINE

Beijing is on track to 'China-ise' the West

THE West is slowly getting over the idea that China will ultimately "westernise", that...

PUBLISHED Apr 10, 2019 05:50 AM
EDITORIAL

Workplace safety in Singapore: Name and shame our way to the top

NOT one to take half measures in anything it embarks on, Singapore has set itself the...

PUBLISHED Apr 10, 2019 05:50 AM

The accounting profession: on the cusp of a technological revolution

ACCOUNTING is experiencing more disruption than ever before. Manual or repetitive...

PUBLISHED Apr 10, 2019 05:50 AM
COMMENTARY

Harnessing megatrends to accelerate growth in Asia

COMPANIES across the Asia-Pacific face an enormous challenge: staying ahead of the...

PUBLISHED Apr 10, 2019 05:50 AM

BREAKING NEWS

Apr 26, 2019 12:28 AM

Latest Earnings

Apr 25, 2019 11:56 PM

US adds another Chinese e-commerce site to 'notorious' list for IP protection

[WASHINGTON] The US Trade Representative said on Thursday it has added Pinduoduo.com, China's third-largest e-...

Apr 25, 2019 11:45 PM

Union Gas names Teo Hark Piang as new CEO

UNION Gas Holdings on Thursday evening named Teo Hark Piang as the new CEO of the group, following his appointment...

Apr 25, 2019 11:40 PM

Britain wants Brexit deal approved before July - May's deputy

[GLASGOW] British Prime Minister Theresa May's government wants to get her thrice-defeated Brexit deal approved by...

Apr 25, 2019 11:20 PM

UBS seeks more deals among billionaires through new US venture

[NEW YORK] UBS Group AG is starting a new venture at its US operation, marrying its wealth-management unit and...

Apr 25, 2019 11:10 PM

Another US hospitality trust, Eagle Hospitality Trust, eyes SGX listing

JUST two days after ARA Group lodged a preliminary prospectus to list about US$720 million of US hotels under the...

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