Tuesday, Aug 13, 2019

TOP STORIES

Residents are targets for dirty money fronts in business friendly Singapore

THERE are thousands of corporate services firms in Singapore that offer Singapore...

PUBLISHED Aug 13, 2019 05:50 AM

Citi puts bigger bet on Singapore with family offices as ace in hand

CITI'S private banking business is looking to leverage Singapore's strategy in wooing...

PUBLISHED Aug 13, 2019 05:50 AM

Two suspicious minds better than one in curbing dirty money flows

EVERY year, roughly 35,000 suspicious transaction reports (STRs) are filed with the...

PUBLISHED Aug 13, 2019 05:50 AM

S Korea to drop Japan from its fast-track trade 'white list'

SOUTH Korea said on Monday it plans to drop Japan from its "white list" of countries...

PUBLISHED Aug 13, 2019 05:50 AM
OPINION

Digitalisation will leave an impact on the future of work

WITH technology becoming faster, smarter and cheaper, it is only a matter of time...

PUBLISHED Aug 13, 2019 05:50 AM

Made in Singapore

The Singapore economy has largely been driven by the twin engines of manufacturing and...

PUBLISHED Aug 13, 2019 05:50 AM

COMPANIES & MARKETS

No injection of PGIM malls for now: Frasers Property

ANALYSTS' hope of a quick injection of five suburban malls - Tiong Bahru Plaza, White...

PUBLISHED Aug 13, 2019 05:50 AM

United Food, CDW issue profit warnings

MAINBOARD-LISTED United Food Holdings and CDW Holding separately issued profit...

PUBLISHED Aug 13, 2019 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Aug 13, 2019 05:50 AM
CURRENCIES

Yen hits 1-1/2 year highs as rush for safety escalates

THE yen rose to its highest level in more than 1-1/2 years versus the dollar on Monday...

PUBLISHED Aug 13, 2019 05:50 AM

REAL ESTATE

China's builders brace for winter; buy less land as home sales weaken

CHINESE property developers are slowing land purchases and plan to be more selective...

PUBLISHED Aug 13, 2019 05:50 AM

Battle over Epstein's mysterious estate

WITH opulent homes, a Caribbean island and a private jet to Jeffrey Epstein's name,...

PUBLISHED Aug 13, 2019 05:50 AM

Across Asia Pacific, cold is now officially hot

GROWING investor interest in cold storage real estate has been brewing for some time....

PUBLISHED Aug 13, 2019 05:50 AM

Berlin rent freeze gives real estate stock investors cold feet

BERLIN'S plan to freeze rents in the city for five years has spooked investors facing...

PUBLISHED Aug 13, 2019 05:50 AM

BANKING & FINANCE

China's PBOC says own cryptocurrency 'close' to release

THE People's Bank of China (PBOC) is "close" to issuing its own cryptocurrency,...

PUBLISHED Aug 13, 2019 05:50 AM

Power-hungry phone companies dial into surging green bonds

PHONE carriers are huge energy users, and need to cut emissions. They also face...

PUBLISHED Aug 13, 2019 05:50 AM
OPINION

Swiss bank accounts aren't as great as they used to be

WOULD you pay a bank for the privilege of holding your money? This is a question that...

PUBLISHED Aug 13, 2019 05:50 AM

ENERGY & COMMODITIES

Saudi Aramco says half-year net income slips 12% to US$46.9b

SAUDI state-owned energy giant Aramco said Monday its first-half net income for 2019...

PUBLISHED Aug 13, 2019 05:50 AM

Saudis to buy Reliance oil refining stake for US$15b

THE world's biggest crude producer will soon own a part of the world's biggest oil...

PUBLISHED Aug 13, 2019 05:50 AM

Australia to step up rare earths output amid fears over China supplies

AUSTRALIA will step up production of rare earths and other militarily sensitive "tech...

PUBLISHED Aug 13, 2019 05:50 AM

China's small farmers struggle to stop destructive march of the armyworm

YAN Wenliu leans on the side of his cart as he prepares to leave his sugarcane field...

PUBLISHED Aug 13, 2019 05:50 AM

TECHNOLOGY

Carmakers warm up to friendly hackers at cybersecurity conference

AT a conference where hackers can try their hand at picking locks and discover cyber...

PUBLISHED Aug 13, 2019 05:50 AM

ByteDance brings Google-like search to China, but with censorship

CHINA'S ByteDance Ltd launched a search engine that bears a striking resemblance to...

PUBLISHED Aug 13, 2019 05:50 AM

CONSUMER

Singapore to ban sale of elephant ivory from 2021

SINGAPORE said on Monday it will impose a blanket ban on the domestic sale of elephant...

PUBLISHED Aug 13, 2019 05:50 AM

No-deal Brexit could deepen Europe's shortage of medicines

AS the Oct 31 deadline for Britain to leave the European Union approaches, health...

PUBLISHED Aug 13, 2019 05:50 AM

Luxury brands apologise over China T-shirt blunders

LUXURY fashion brands Versace, Coach, and Givenchy have apologised for making...

PUBLISHED Aug 13, 2019 05:50 AM

TRANSPORT

PSA, Dongfeng to drop 2 China auto plants: document

PEUGEOT maker PSA Group and partner Dongfeng Group have agreed to cut thousands of...

PUBLISHED Aug 13, 2019 05:50 AM

China's new energy vehicle sales drop for 1st time in over two years

SALES of new energy vehicles (NEVs) in China fell 4.7 per cent in July from a year...

PUBLISHED Aug 13, 2019 05:50 AM

Nissan, BMW, Volkswagen in talks to pull South Africa into electric car era

NISSAN Motor Co, BMW AG and Volkswagen AG are among carmakers in talks to bring the...

PUBLISHED Aug 13, 2019 05:50 AM

Cathay Pacific, icon of Hong Kong's rise, now reflects China's grip

TWO months of boiling anti-government protests have divided Hong Kong's people. Now,...

PUBLISHED Aug 13, 2019 05:50 AM

GOVERNMENT & ECONOMY

Hong Kong airport grinds to a halt as anti-government protests swell

HONG Kong's airport cancelled all flights on Monday, with authorities blaming...

PUBLISHED Aug 13, 2019 05:50 AM

Germany can fulfil its tasks without new debt: minister

GERMAN Finance Minister Olaf Scholz said on Monday that Berlin could pursue more...

PUBLISHED Aug 13, 2019 05:50 AM

LIFE & CULTURE

Can Komodo dragons survive tourist invasion?

THE Komodo dragon, a three-metre lizard native only to a scattering of islands in...

PUBLISHED Aug 13, 2019 05:50 AM

Bees swarm Berlin, where beekeeping booms

THEY go to the rescue when others would flee. They are the Schwarmfänger, Berlin's 30...

PUBLISHED Aug 13, 2019 05:50 AM

Hobbs & Shaw dethrones Lion King at US box office

THE Fast & Furious spin-off Hobbs & Shaw dethroned The Lion King in North...

PUBLISHED Aug 13, 2019 05:50 AM

SME

Putting the 'green' in built environment

IN 2016, after Super Typhoon Meranti devastated southern China with wind speeds of 170...

PUBLISHED Aug 13, 2019 05:50 AM

AI-powered maths practice platform makes learning fun

PRACTICLE, a new online practice platform for primary school mathematics, aims to...

PUBLISHED Aug 13, 2019 05:50 AM

OPINION

Indochina states drive Asean investor appeal

THE Indochina quartet of Cambodia, Laos, Myanmar and Vietnam (the CLMV countries) are...

PUBLISHED Aug 13, 2019 05:50 AM
EDITORIAL

The Sino-American decoupling will translate into human costs

IT'S starting to look like the Sino-American relationship is now in a downward spiral...

PUBLISHED Aug 13, 2019 05:50 AM
THE BOTTOM LINE

Is the economy turning against Trump?

TO HAVE a recession or not - that is the question.

PUBLISHED Aug 13, 2019 05:50 AM

Tariff tantrums and recession risks

IF THE bond market is any indication, US President Donald Trump's escalating...

PUBLISHED Aug 13, 2019 05:50 AM
COMMENTARY

Trump's Asia-led strategy is not driving 'US endgame' in Afghanistan

SEPT 1 could see the intensification of the post-9/11 US "endgame" in Afghanistan, the...

PUBLISHED Aug 13, 2019 05:50 AM
COMMENTARY

Businesses today must prepare for aggression by nation-states

THE crew of Stena Impero, the UK-flagged tanker seized last month in the Strait of...

PUBLISHED Aug 13, 2019 05:50 AM

BREAKING NEWS

Aug 19, 2019 10:08 PM

US: Wall St opens higher on stimulus hopes

WALL Street opened higher on Monday, after China's plans for an interest rate reform reinforced hopes that major...

Aug 19, 2019 08:42 PM

Tasek takeover offer closes with Hong Leong Asia holding 88.16% stake

HONG Leong Asia's takeover offer for its Malaysian subsidiary Tasek closed at 5pm on Aug 19, with Hong Leong Asia...

Aug 19, 2019 08:27 PM

HMI posts 11% fall in Q4 net profit to 13.5m yuan

HEALTH Management International (HMI) on Monday announced net profit fell 11 per cent to 13.5 million yuan (S$2.65...

Aug 19, 2019 07:57 PM

RE&S posts 32.9% fall in Q4 net profit on outlet closures

CATALIST-LISTED Japanese food and beverage group RE&S Holdings saw net profit fall 32.9 per cent to S$628,000...

Aug 19, 2019 07:22 PM

Figtree Holdings bags S$43.5m design and build contract

CATALIST-LISTED Figtree Holdings has secured a S$43.53 million design and build contract for a food processing...

Aug 19, 2019 06:43 PM

Camsing Healthcare suspends chairman, who remains in police custody

CAMSING Healthcare has suspended all administrative and executive duties and powers of chairman and executive...

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