Saturday, Nov 09, 2019

TOP STORIES

Is Singapore's semicon sector on the skids?

Meanwhile, latest industrial production numbers showed Singapore's factory output...

PUBLISHED Nov 9, 2019 05:50 AM

Singapore's wealthy grew their riches by 10.5% from last year

AMID mounting geopolitical tensions and sluggish growth, Singapore's richest are...

PUBLISHED Nov 9, 2019 05:50 AM

EU Council approves EUSFTA, agreement to enter into force on Nov 21

THE European Union-Singapore Free Trade Agreement (EUSFTA) has received approval from...

PUBLISHED Nov 9, 2019 05:50 AM

Singapore to steer maritime's green push beyond global standards

A GREEN initiative to manage ships' sulphur emissions will be enhanced to focus on...

PUBLISHED Nov 9, 2019 05:50 AM

Temasek announces organisational changes

TEMASEK International has appointed Chia Song Hwee as deputy chief executive officer...

PUBLISHED Nov 9, 2019 05:50 AM

DBS aims for moderate M&A diet to avoid indigestion

SINGAPORE'S largest bank DBS will focus on bolt-on acquisitions - deals valued at...

PUBLISHED Nov 9, 2019 05:50 AM

S$7m grant set up to help food delivery riders affected by footpath ban

A S$7 million grant has been set up to help food delivery riders replace their...

PUBLISHED Nov 9, 2019 05:50 AM
ASIA IN FOCUS

Japan's Abe tells Cabinet to compile stimulus package to support economy

JAPANESE Prime Minister Shinzo Abe on Friday asked his Cabinet to compile a package of...

PUBLISHED Nov 9, 2019 05:50 AM

China export drop in Oct beats forecasts but more pain ahead

CHINA'S exports suffered their third month of decline in October, and while the drop...

PUBLISHED Nov 9, 2019 05:50 AM

Moody's cuts India's outlook to 'negative' on growth risks

MOODY'S Investors Service cut India's ratings outlook to "negative" from "stable",...

PUBLISHED Nov 9, 2019 05:50 AM

NTUC to raise retirement, re-employment ages in 2021, ahead of national schedule

THE National Trades Union Congress (NTUC) will raise the retirement age and re-...

PUBLISHED Nov 9, 2019 05:50 AM

Temasek Lifesciences Accelerator launches incubator to invest in startups

TEMASEK Lifesciences Accelerator (TLA) has launched a life sciences startup programme...

PUBLISHED Nov 9, 2019 05:50 AM

KKR's new Asia-focused fund targets record US$15b in 2020

GLOBAL private equity group KKR is targeting a record US$15 billion for a new Asia-...

PUBLISHED Nov 9, 2019 05:50 AM

Beyond Meat eyes production in Asia before end-2020

BEYOND Meat aims to start production in Asia before the end of next year, as it gets...

PUBLISHED Nov 9, 2019 05:50 AM

COMPANIES & MARKETS

Venture Corp net profit rises 5.5% to to S$85.2m in Q3

ELECTRONICS manufacturing services firm Venture Corp delivered a 5.5 per cent rise in...

PUBLISHED Nov 9, 2019 05:50 AM

UIC posts 13.1% fall in Q3 net profit

MAINBOARD-LISTED developer United Industrial Corp (UIC) said on Friday that it could...

PUBLISHED Nov 9, 2019 05:50 AM

Aspial's profit slips after buyers walk away from Australia 108 as property cycle turns

FEWER settlements at the Australia 108 mega project in Melbourne have put a dent in...

PUBLISHED Nov 9, 2019 05:50 AM

HRnetGroup Q3 profit down 4.9% after revaluation of securities

HRNETGROUP's third-quarter net profit declined 4.9 per cent to S$12 million from S$12....

PUBLISHED Nov 9, 2019 05:50 AM

Best World's net profit down 16.9% at S$24.8m in Q3

BEST World International, the mainboard-listed skincare pro-duct company that is being...

PUBLISHED Nov 9, 2019 05:50 AM

MoneyMax Q3 profit more than triples to S$3m

MONEYMAX Financial Services reported profit for the third quarter more than tripled to...

PUBLISHED Nov 9, 2019 05:50 AM

UOB withdraws statutory demands, JM application against Hoe Leong Corp

HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High...

PUBLISHED Nov 9, 2019 05:50 AM

Global bond sell-off persuades some investors to buy the dip

RECENT losses in Treasuries, which crescendoed on Thursday into one of the worst days...

PUBLISHED Nov 9, 2019 05:50 AM

Singapore fintech startup DEXTF raises US$460,000 in seed funding

SINGAPORE-based fintech startup DEXTF has secured US$460,000 in an "oversubscribed"...

PUBLISHED Nov 9, 2019 05:50 AM

Corporate digest

THE High Court has granted a debt moratorium to mainboard-listed Koon Holdings and a...

PUBLISHED Nov 9, 2019 05:50 AM

Strong fintech opportunities still open in emerging, developed Asia markets: Fitch Solutions

THERE are still strong opportunities for existing and new financial technology (...

PUBLISHED Nov 9, 2019 05:50 AM

Launched: All-in-one Singapore platform integrating PayNow, Nets and other e-payment methods

MAJOR payment methods in Singapore such as PayNow, Nets and GrabPay are now accessible...

PUBLISHED Nov 9, 2019 05:50 AM

Mastercard, Tappy to embed payment chips in fashion items

CONSUMERS in Singapore will soon be able to pay for their purchases using their...

PUBLISHED Nov 9, 2019 05:50 AM
STOCKS

Singapore shares fall 0.7% as traders ease into weekend

SINGAPORE stocks retreated on Friday after a four-day advance, falling the most among...

PUBLISHED Nov 9, 2019 05:50 AM

Hedge fund plans distressed Asia credit fund as stress looms

A HONG Kong-based hedge fund is planning to raise money for its first fund de-dicated...

PUBLISHED Nov 9, 2019 05:50 AM

REAL ESTATE

Former Xiaomi director paying S$31.5m for GCB in Tanglin Hill

A FORMER board member of Xiaomi Corporation is paying S$31.5 million for an old...

PUBLISHED Nov 9, 2019 05:50 AM

US mortgage rates retreat for first time in 3 weeks

AFTER three weeks of increases, US mortgage rates fell back this week - but it looks...

PUBLISHED Nov 9, 2019 05:50 AM

US tech giants pledge billions for housing, but will it matter?

LESS than 2km from Apple's headquarters in Cupertino, California, lies the sun-faded...

PUBLISHED Nov 9, 2019 05:50 AM

France scraps plans for Franco- Chinese shopping mall near Paris

FRENCH President Emmanuel Macron has decided to scrap a 3-billion euro (S$4.5 billion...

PUBLISHED Nov 9, 2019 05:50 AM

Reits (November 9-10, 2019)

Highest-yielding real estate investment trusts

PUBLISHED Nov 9, 2019 05:50 AM

BANKING & FINANCE

THE BROAD VIEW

China bedevilled by a banking mess

ONE bank failed. A second and third were bailed out. Worried depositors of two more...

PUBLISHED Nov 9, 2019 05:50 AM

TECHNOLOGY

PERSPECTIVE

The secret and frustrating life of a Google contract worker

KEVIN Kiprovski had a lofty title, "Expeditions Associate", and a fun job - he got to...

PUBLISHED Nov 9, 2019 05:50 AM

LIFE & CULTURE

MANAGEMENT UNLEASHED

Building personal relationships in business

THE man who was my mentor in business for some 20 years liked me. I liked him, too. We...

PUBLISHED Nov 9, 2019 05:50 AM
THE FINISH LINE

Tennis' hottest young stars on show at ATP Finals

STARTING this Sunday in London, the world's top eight singles tennis players and...

PUBLISHED Nov 9, 2019 05:50 AM
FIGHTING FIT

Finding balance in a tiny, wobbly boat

I woke up one day a few years ago and realised my life had been reduced to a hamster...

PUBLISHED Nov 9, 2019 05:50 AM

Ronny Chieng remains a true blue Singaporean at heart

You can take the boy out of Jurong East but you can't take Jurong East out of the boy...

PUBLISHED Nov 9, 2019 05:50 AM

Grape expectations

THERE'S nothing quite like kicking back on the sofa with a glass of wine at the end of...

PUBLISHED Nov 9, 2019 05:50 AM
TECH TALK

And the band played on

It might have taken four long years, but YouTube Music is finally available in...

PUBLISHED Nov 9, 2019 05:50 AM
HEALTH

Watch that hidden poison in your rice

MANY may be surprised that the large majority of cancers are related to environmental...

PUBLISHED Nov 9, 2019 05:50 AM

THE RAFFLES CONVERSATION

Putting the customer first

THERE is a story that DBS chief Piyush Gupta likes to tell, and it goes like this: in...

PUBLISHED Nov 9, 2019 05:50 AM

INVESTING & WEALTH

Climate change: companies must adapt or perish

WHAT is climate change and why does it matter?

PUBLISHED Nov 9, 2019 05:50 AM
CHART VIEW

Christmas currency shopping: pound or euro?

LONDON or Paris? It's not too late to decide where to spend Christmas so the outlook...

PUBLISHED Nov 9, 2019 05:50 AM
CFA SINGAPORE INSIGHTS

Four areas of misunderstanding around ESG integration

MANY people perceive that environmental, social and governance (ESG) integration means...

PUBLISHED Nov 9, 2019 05:50 AM

BREAKING NEWS

Nov 15, 2019 12:01 AM

North Korea rebuffs US offer of December talks, urges halt in military drills

[SEOUL] North Korea said on Thursday it had turned down a US offer for fresh talks, saying it was not interested in...

Nov 14, 2019 11:44 PM

Pakistan protesters block roads but fail to oust prime minister

[ISLAMABAD] Thousands of anti-government protesters blocked highways across Pakistan on Thursday in a bid to oust...

Nov 14, 2019 11:34 PM

UnUsUaL posts 55% rise in Q2 net profit to S$5m

CONCERT promoter UnUsUaL Limited's earnings improved for the second quarter, jumping 54.8 per cent year-on-year to S...

Nov 14, 2019 11:20 PM

Delhi schools close as farm fires add to city's foul air

[NEW DELHI] India's capital Delhi was shrouded in a deeper cover of toxic smoke on Thursday, as data showed that...

Nov 14, 2019 11:16 PM

Trendlines' agrifood VC fund gets US$10m boost from Trendfood

THE Trendlines Group's agrifood venture capital fund, Trendlines Agrifood Fund, got another shot in the arm on...

Nov 14, 2019 11:04 PM

Straits Trading posts 13% fall in Q3 net profit to S$12.2m

THE Straits Trading Company on Thursday posted a 13.2 per cent drop in net profit to S$12.2 million for its third...

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