Saturday, May 16, 2020

TOP STORIES

Have property cooling measures lost their punch?

OVER the past 25 years, Singapore has had at least 10 sets of property cooling...

PUBLISHED May 16, 2020 05:50 AM
VIRUS OUTBREAK

Some construction to resume from June 2, with special rules

FROM June 2, some construction projects will gradually be allowed to resume work, as...

PUBLISHED May 16, 2020 05:50 AM

Landlords offer delivery support for F&B tenants amid Covid-19

WITH delivery becoming a lifeline for food and beverage (F&B) outlets during the...

PUBLISHED May 16, 2020 05:50 AM
VIRUS OUTBREAK

Construction firms cite practicality, cost concerns in criteria for restarting work

COMPANIES in the construction industry are concerned about higher costs and...

PUBLISHED May 16, 2020 05:50 AM
VIRUS OUTBREAK

Amid poor home sales in April, the rich are still shopping - for posh properties

DESPITE a plunge in sales of new homes in April, the very rich had no problem forking...

PUBLISHED May 16, 2020 05:50 AM
VIRUS OUTBREAK

Swabber jobs paying S$3,800 a month are short-term positions: MOH

THE Ministry of Health (MOH) has clarified that the swab operations jobs that pay S$3,...

PUBLISHED May 16, 2020 05:50 AM

Singapore develops new test that can swiftly detect if someone has had Covid-19

DUKE-NUS Medical School has come up with a Covid-19 test kit which takes just an hour...

PUBLISHED May 16, 2020 05:50 AM

HK economy shrinks 8.9% in first quarter

Hong Kong's economy suffered its worst quarterly drop on record in the first three...

PUBLISHED May 16, 2020 05:50 AM
NEWS ANALYSIS

US-China Phase One deal inching towards brink of collapse

AS US-China tensions continue to rise, the Phase One trade deal signed earlier this...

PUBLISHED May 16, 2020 05:50 AM

China's growth engine picking up slowly, but challenges remain

INDUSTRIAL output for the month of May rose for the first time this year as China's...

PUBLISHED May 16, 2020 05:50 AM
LATEST US DATA

US retail sales shrink for second straight month in April

US retail sales endured a second straight month of record declines in April, as the...

PUBLISHED May 16, 2020 05:50 AM
STARTUPS

Goldman-backed FX platform clinches HSBC, Citigroup funding

A SINGAPORE foreign-exchange platform has won financial backing from HSBC Holdings plc...

PUBLISHED May 16, 2020 05:50 AM

COMPANIES & MARKETS

Analysts remain bearish on SIA after woeful Q4 losses

ANALYSTS remain bearish on Singapore Airlines (SIA) after the national carrier...

PUBLISHED May 16, 2020 05:50 AM

Cathay Pacific and Cathay Dragon unit carried only 458 passengers a day in April

CATHAY Pacific Airways and its Cathay Dragon unit carried only 13,729 passengers in...

PUBLISHED May 16, 2020 05:50 AM
VIRUS OUTBREAK

Circuit breaker disrupting logistics firms that need to ramp up operations

WHILE Singapore logistics firms continue to see a steady flow of business amid the...

PUBLISHED May 16, 2020 05:50 AM
VIRUS OUTBREAK: BT EXCLUSIVE

Regulator to keep pandemic shock in mind as it monitors NetLink service delay

SINGAPORE'S telecoms regulator is keeping an eye on the performance of NetLink Trust,...

PUBLISHED May 16, 2020 05:50 AM

ST Engineering expects FY2020 revenue to fall 5-15%

SINGAPORE Technologies Engineering (ST Engineering) on Friday said it expects its...

PUBLISHED May 16, 2020 05:50 AM

Singapore Medical Group halves final dividend to conserve cash amid Covid-19 pandemic

CATALIST-LISTED Singapore Medical Group has halved the final dividend that the board...

PUBLISHED May 16, 2020 05:50 AM

Sembcorp redeeming S$200m of 3.7% perpetual securities

MAINBOARD-LISTED Sembcorp Industries is redeeming a S$200 million tranche of perpetual...

PUBLISHED May 16, 2020 05:50 AM

Virgin Australia sale draws strong interest from 'high-quality' bidders

VIRGIN Australia Holdings was expected to receive as many as eight non-binding...

PUBLISHED May 16, 2020 05:50 AM

Banyan Tree posts Q1 loss, to raise S$50.4m in convertible bonds

BANYAN Tree Holdings is proposing a renounceable and non-underwritten rights issue of...

PUBLISHED May 16, 2020 05:50 AM

OUE Q1 jumps to S$87.1 million on US$ currency gains, higher gains on investments

MAINBOARD-LISTED property group OUE's first-quarter earnings swelled with help from...

PUBLISHED May 16, 2020 05:50 AM
STOCKS

STI ekes out slight gain on positive China data

THE Straits Times Index (STI) eked out a slight gain of 1.24 points or 0.05 per cent...

PUBLISHED May 16, 2020 05:50 AM

Corporate digest

MARCO Polo Marine is in better shape to ride out the ongoing oil and gas crisis than...

PUBLISHED May 16, 2020 05:50 AM

REAL ESTATE

Ikea's shopping mall arm plans US entry in major play

IKEA'S shopping malls business, one of the world's biggest, is looking to enter the US...

PUBLISHED May 16, 2020 05:50 AM

China property investment rebounds in April as economy reopens

REAL-ESTATE investment in China quickened in April while property sales fell at a much...

PUBLISHED May 16, 2020 05:50 AM

Reits (May 16-17, 2020)

Highest-yielding real estate investment trusts

PUBLISHED May 16, 2020 05:50 AM

CONSUMER

THE BROAD VIEW

Pandemic helped topple two retailers. So did private equity

J CREW and Neiman Marcus were each facing a host of issues before the coronavirus...

PUBLISHED May 16, 2020 05:50 AM

GOVERNMENT & ECONOMY

OPINION

The Covid-19 vaccine fight is getting ugly

AN EFFECTIVE Covid-19 vaccine, if it ever arrives, should be treated as a public good...

PUBLISHED May 16, 2020 05:50 AM

LIFE & CULTURE

SATURDAY SOAPBOX

Finding the silver lining in Covid-19 cloud

THE novel coronavirus pandemic has claimed many lives and is exacting a harsh toll on...

PUBLISHED May 16, 2020 05:50 AM
THE FINISH LINE

Not the right time to resume English Premier League

FOR football fans in Singapore starved of live sporting fix for the longest time, if...

PUBLISHED May 16, 2020 05:50 AM
FIGHTING FIT

Why you need a back-up plan

REMEMBER the crowds that swarmed Ikea before the circuit breaker kicked in on April 7...

PUBLISHED May 16, 2020 05:50 AM
BARFLY

Jazzing up shochu

SOMEDAY, when the bars reopen, you might spend an evening cocooned in a leather...

PUBLISHED May 16, 2020 05:50 AM
THE STEERING COLUMN

Ashes to ashes, rust to rust

LIKE any Mr Right who's been cooped up at home for weeks and hasn't murdered anyone, I...

PUBLISHED May 16, 2020 05:50 AM

THE RAFFLES CONVERSATION

Hey, Google

FOR Ben King, Google's Singapore Country Director, it's been a baptism by fire. Soon...

PUBLISHED May 16, 2020 05:50 AM

WEALTH & INVESTING

Asia bonds to steal the show as region gets back to business

GLOBAL trade frictions are back in the spotlight but Asia's developing-market bonds...

PUBLISHED May 16, 2020 05:50 AM
VALUE INSIGHT

Thinking scientifically in a 'post-truth' world

IT SEEMS that we have lost the ability to process information. Or perhaps most of us...

PUBLISHED May 16, 2020 05:50 AM
INSIGHTS FROM CFA SOCIETY SINGAPORE

Nine policy taboos overturned by Covid-19

AN ECONOMY is defined as a "circular flow of income" - one person's spending is...

PUBLISHED May 16, 2020 05:50 AM

Oil set for third weekly gain as market rebalances

OIL is heading for a third weekly gain on signs the market is slowly rebalancing as...

PUBLISHED May 16, 2020 05:50 AM
GOLD REPORT

Gold breaks out on rising tensions and increasing unemployment

GOLD futures spent most of this week consolidating above the psychological US$1,700...

PUBLISHED May 16, 2020 05:50 AM

BREAKING NEWS

May 25, 2020 06:44 PM

Food delivery giant Meituan Dianping posts Q1 loss as pandemic hits orders

[BEIJING] Chinese food delivery giant Meituan Dianping posted a quarterly loss on Monday, as orders fell following...

May 25, 2020 06:41 PM

China steel body, producers call for domestic iron ore output boost

[BEIJING] China's steel association and major steelmakers have called for an increase in domestic iron ore...

May 25, 2020 06:28 PM

Book sales soar as French lockdown eases

[PARIS] Book sales in France have soared since the country began to ease its lockdown, rocketing more than 230 per...

May 25, 2020 06:27 PM

Fourth Covid-19 support package to focus heavily on jobs: Heng Swee Keat

JOBS will be a key part of the fourth Covid-19 support package, said Deputy Prime Minister and Finance Minister Heng...

May 25, 2020 06:22 PM

China official in Hong Kong says some protest acts 'terrorist in nature'

[HONG KONG] China's foreign ministry office in Hong Kong said on Monday some actions during last year's pro-...

May 25, 2020 06:15 PM

Gold prices slip on rising US dollar, equities

[BENGALURU] Gold prices fell in holiday-thinned trade on Monday as the dollar strengthened and share markets rose,...