Wednesday, Nov 27, 2019

TOP STORIES

Hyflux inks S$400m rescue deal with utilities group Utico

AFTER seven intense months of courtship, Hyflux and Emirati utilities group Utico have...

PUBLISHED Nov 27, 2019 05:50 AM

Agorae bags top honours at E50 Awards 2019

AGORAE Pte Ltd - the holding entity for the Teledirect group of companies - took home...

PUBLISHED Nov 27, 2019 05:50 AM

Enterprise 50's winning ways

A FRESH cohort of 50 outstanding local businesses was recognised and honoured for its...

PUBLISHED Nov 27, 2019 05:50 AM

Singapore Oct factory output beats expectations with 4% growth

SINGAPORE'S factory output grew an unexpected 4 per cent year on year in October,...

PUBLISHED Nov 27, 2019 05:50 AM

Government working on strong Budget that Singapore economy needs: PM Lee

FINANCE Minister Heng Swee Keat and various agencies are working towards preparing a...

PUBLISHED Nov 27, 2019 05:50 AM

Alibaba shares surge 6.6% on HK debut

CHINESE online retail giant Alibaba surged Tuesday as it drew back the curtain on a...

PUBLISHED Nov 27, 2019 05:50 AM

Over 20 more unicorns on S-E Asia horizon

SOUTH-EAST Asia might see the rise of more than 20 unicorns over the next decade, with...

PUBLISHED Nov 27, 2019 05:50 AM

COMPANIES & MARKETS

36 companies make it to SGX's nice list in time for Christmas

CHRISTMAS came early this year for companies that find themselves on the Singapore...

PUBLISHED Nov 27, 2019 05:50 AM

Thinner interest margins, worsening assets, slowing loans weighing on Singapore banks

SINGAPORE banks are likely to continue seeing compressed net interest margins (NIMs),...

PUBLISHED Nov 27, 2019 05:50 AM

Kimly's Q4 profit falls 6% on lower revenue, higher income tax

CATALIST-LISTED coffeeshop operator Kimly saw a 6 per cent fall in net profit to S$5.4...

PUBLISHED Nov 27, 2019 05:50 AM

Jumbo full-year profit up 5.9% at S$11.7m

SEAFOOD restaurant operator Jumbo Group saw net profit rise 5.9 per cent to S$11.7...

PUBLISHED Nov 27, 2019 05:50 AM

Corporate digest

OCBC Bank has priced A$500 million (S$463 million) of senior floating rate green notes...

PUBLISHED Nov 27, 2019 05:50 AM
STOCKS

S-Reits advance amid weaker market

SINGAPORE equities put in a mixed performance as investors continue to grapple with...

PUBLISHED Nov 27, 2019 05:50 AM
CURRENCIES

US dollar gives up gains as trade deal optimism fades

THE US dollar gave up earlier gains as some of the optimism over a US-China trade...

PUBLISHED Nov 27, 2019 05:50 AM

Singapore IPO value jumps four times to US$2.2b in 2019

SINGAPORE'S initial public offering (IPO) market was up four times in funds this year...

PUBLISHED Nov 27, 2019 05:50 AM

Olam peeling away property assets of US onion and garlic processing plant

OLAM International is selling the real estate assets of its onion and garlic...

PUBLISHED Nov 27, 2019 05:50 AM

Maybank Kim Eng stays positive on aviation services firms with SATS as top pick

MAYBANK Kim Eng's outlook for Singapore's aviation services firms remains "positive",...

PUBLISHED Nov 27, 2019 05:50 AM

Daikin Singapore buys building management systems firm BMS for S$12.9m

DAIKIN Singapore has bought over local building management systems firm BMS...

PUBLISHED Nov 27, 2019 05:50 AM

REAL ESTATE

China's house price growth to hit five-year low in 2020

CHINA'S house prices are expected to grow just 3.1 per cent next year, the lowest over...

PUBLISHED Nov 27, 2019 05:50 AM

SoftBank's Oyo projects losses in India, China until 2022: valuation report

SOFTBANK-BACKED Oyo Hotels and Homes' internal projections showed it may not make a...

PUBLISHED Nov 27, 2019 05:50 AM

Godfather horse-head mansion enters bankruptcy protection programme

A STORIED US$125 million mansion in Beverly Hills that was featured in The Godfather...

PUBLISHED Nov 27, 2019 05:50 AM

BANKING & FINANCE

OCBC looking from within for next CEO

SAMUEL Tsien, in his eighth year as chief executive officer at Oversea-Chinese Banking...

PUBLISHED Nov 27, 2019 05:50 AM

Merger mania hits US$70b as investors pile in

BUYOUT frenzy is gripping boardrooms from Tokyo to Paris to San Francisco, adding fuel...

PUBLISHED Nov 27, 2019 05:50 AM

Over 13% of China's banks are highly risky: central bank

CHINA'S banking sector is showing signs of strain, with more than 13 per cent of 4,379...

PUBLISHED Nov 27, 2019 05:50 AM
COMMENTARY

India must clean up or clear out dodgy brokers

ANY attempt at sweeping out a corner of India's financial system means bringing...

PUBLISHED Nov 27, 2019 05:50 AM

Westpac CEO resigns amid money-laundering scandal

WESTPAC Banking Corp said on Tuesday chief executive Brian Hartzer will step down and...

PUBLISHED Nov 27, 2019 05:50 AM

ENERGY & COMMODITIES

Oil prices slip on US-China deal agreement concerns

OIL prices slipped on Tuesday on concerns about economic growth and fuel demand as...

PUBLISHED Nov 27, 2019 05:50 AM

Slash emissions or miss 1.5 deg C goal: UN

THE world will miss its chance to avert climate disaster without an immediate and all-...

PUBLISHED Nov 27, 2019 05:50 AM

China's solar 'wobble' drags down global growth: BNEF

SLUMPING solar development in China is hobbling growth worldwide.

PUBLISHED Nov 27, 2019 05:50 AM

Showa Denko considering deal for stake in Hitachi Chemical

JAPAN'S third-largest diversified chemicals maker is considering buying a stake in...

PUBLISHED Nov 27, 2019 05:50 AM

TECHNOLOGY

Google fires four employees active in labour organising

GOOGLE on Monday fired four employees who had been active in labour organising at the...

PUBLISHED Nov 27, 2019 05:50 AM

eBay to sell ticketing unit StubHub for US$4.05b

EBAY Inc will sell ticketing unit StubHub to ticket reseller Viagogo Ltd for US$4.05...

PUBLISHED Nov 27, 2019 05:50 AM
COMMENTARY

Japan is surprise bright spot for India's Paytm

JAPAN is an unlikely bright spot for India's payments poster child.

PUBLISHED Nov 27, 2019 05:50 AM

CONSUMER

Bernard Arnault just bought Tiffany. Who is he?

ON Monday morning LVMH Moët Hennessy Louis Vuitton, the world's largest luxury company...

PUBLISHED Nov 27, 2019 05:50 AM

Tesco follows Amazon playbook with paid loyalty card

TESCO plc is hitting back at Amazon.com Inc and discounters that are stealing its...

PUBLISHED Nov 27, 2019 05:50 AM

TRANSPORT

STRAIT TALK

Fighting and fixing cyber threats at sea

A NEW book has just landed on my desk, Cyber Security Workbook for On Board Ship Use....

PUBLISHED Nov 27, 2019 05:50 AM

Hyundai Motor to invest US$1.55b in first Indonesia car plant

SOUTH Korea's Hyundai Motor said on Tuesday it has signed a preliminary deal to build...

PUBLISHED Nov 27, 2019 05:50 AM

Order for IndiGo to ground some Airbus planes may hit carrier's expansion

AN order for IndiGo to ground some of its Airbus SE A320neo planes for engine upgrades...

PUBLISHED Nov 27, 2019 05:50 AM

Latest bridge collapse shows Italy's failure to tackle aging infrastructure

THE collapse of a highway viaduct in north-western Italy has underscored the country's...

PUBLISHED Nov 27, 2019 05:50 AM

Strong winds, heavy snow to mar Thanksgiving travel plans for Americans

TWO powerful storms packing heavy snow and strong winds are expected to sweep across...

PUBLISHED Nov 27, 2019 05:50 AM

GOVERNMENT & ECONOMY

'Green shoots' for Singapore as electronics start to recover

SINGAPORE'S economy is starting to see "green shoots", with signs that the electronics...

PUBLISHED Nov 27, 2019 05:50 AM

Govt and businesses 'should be more collaborative'

THE relationship between the government and businesses in Singapore has to evolve into...

PUBLISHED Nov 27, 2019 05:50 AM

Thailand sees latest stimulus stoking spending

THAILAND said its latest round of stimulus will spur more than 100 billion baht (S$4.5...

PUBLISHED Nov 27, 2019 05:50 AM

Australia's central bank does not expect to take QE plunge

AUSTRALIA'S top central banker said on Tuesday that he did not expect to have to use...

PUBLISHED Nov 27, 2019 05:50 AM

LIFE & CULTURE

Famed Tokyo sushi restaurant Jiro left dreaming of Michelin stars

A FAMED Tokyo sushi restaurant where former US president Barack Obama is said to have...

PUBLISHED Nov 27, 2019 05:50 AM

Three hours of exercise a week may lower depression risk

THOSE of us who walk, dance, run, ease into a downward dog, or glide and churn on...

PUBLISHED Nov 27, 2019 05:50 AM

Jessye Norman honoured with starry Met Opera memorial

THE unmistakably radiant voice of soprano Jessye Norman, who died in September at 74,...

PUBLISHED Nov 27, 2019 05:50 AM

EXECUTIVE MONEY

Are money market rate spikes warning signs?

ONE question we often hear today is whether the recent surges in money market rates in...

PUBLISHED Nov 27, 2019 05:50 AM

Obscure private credit has some investors on edge

PRIVATE equity firms are increasingly turning to an obscure type of loan, once almost...

PUBLISHED Nov 27, 2019 05:50 AM

Climate change is happening sooner rather than later at Pimco

THE typical municipal-bond analyst already wields an array of jargony acronyms...

PUBLISHED Nov 27, 2019 05:50 AM

OPINION

Cashless is the new king for S-E Asia

THE days of pulling out dollar notes and coins to pay may be numbered. The cashless...

PUBLISHED Nov 27, 2019 05:50 AM
EDITORIAL

Ease of e-shopping needs to be answered by responsibility

CONSUMERS live in a world of ever-increasing convenience, from food deliveries and...

PUBLISHED Nov 27, 2019 05:50 AM
THE BOTTOM LINE

New Fed reports fall short on risks

IN 2018, the Federal Reserve began issuing semi-annual financial stability reports,...

PUBLISHED Nov 27, 2019 05:50 AM

Collective effort needed to ensure implementation of Paris treaty

WORLD leaders are making final preparations for the annual UN climate summit which...

PUBLISHED Nov 27, 2019 05:50 AM

Knowledge workers beware, future automation could take over your job

THE robot revolution has long been thought of as apocalyptic for blue-collar workers...

PUBLISHED Nov 27, 2019 05:50 AM

Why London has banned Uber - again

LONDON first banned Uber under its buccaneer of a founding chief executive officer,...

PUBLISHED Nov 27, 2019 05:50 AM

BREAKING NEWS

Dec 6, 2019 02:15 PM

Tokyo: Stocks edge up on hopes for US-China trade deal

[TOKYO] Tokyo stocks inched up Friday on continued hopes for a US-China trade deal, with investors cautious thanks...

Dec 6, 2019 01:31 PM

Singapore stocks: STI resumes Friday afternoon up 0.07%

SINGAPORE shares resumed trading in positive territory on Friday afternoon, with the benchmark Straits Times Index...

Dec 6, 2019 01:22 PM

Samsung to take on iPhone’s popularity with big camera overhaul

[SEOUL] Samsung Electronics Co's response to Apple Inc's much-improved iPhone 11 cameras is going to be a giant...

Dec 6, 2019 01:21 PM

Sasseur Reit to join FTSE EPRA Nareit Global Emerging Index

SASSEUR Real Estate Investment Trust (Sasseur Reit) will be included in the FTSE EPRA Nareit Global Emerging Index...

Dec 6, 2019 01:04 PM

Polar Water unveils latest product in recyclable cartons in green push

POLAR Water Distributor, a Singapore-based food service distribution company, has gone for fully recyclable...

Dec 6, 2019 01:02 PM

Jetstar pilots vote in favour of industrial action over pay deal

[SYDNEY] The pilots of budget airline Jetstar have voted in favour of industrial action that could delay flights in...

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