Monday, May 18, 2020

TOP STORIES

BT EXCLUSIVE: VIRUS OUTBREAK

Business outlook falls below 2008 crisis level to record low: poll

SINGAPORE companies saw their worst levels of business since the Asian financial...

PUBLISHED May 18, 2020 05:50 AM
NEWS ANALYSIS

SoftBank concentration risk comes to the fore in Asia tech ecosystem

A FEW years ago, the entry of SoftBank's Vision Fund into Asia heralded hope of a tech...

PUBLISHED May 18, 2020 05:50 AM
MARK TO MARKET

Covid-19 market turmoil: Is the worst over?

THIS past week, I lowered my exposure to US stocks by redeeming some units in a fund....

PUBLISHED May 18, 2020 05:50 AM
VIRUS OUTBREAK

Next Jobs Support Scheme payout to be disbursed from May 28

THE next instalment of wage support totalling S$4 billion for over 140,000 employers...

PUBLISHED May 18, 2020 05:50 AM
COMMENTARY

Is Covid-19 the great leveller?

WHEN the novel corona-virus first started spreading like wildfire, people called it...

PUBLISHED May 18, 2020 05:50 AM
MIND THE GAP

ESG investments show resilience in crisis

SUSTAINABILITY is becoming an increasingly desirable characteristic whether you invest...

PUBLISHED May 18, 2020 05:50 AM
ASEAN BUSINESS

Vietnam 'most outstanding' in handling of Covid-19: Control Risks report

HAVING learnt at least some lessons from the Sars crisis of 2003, at least five Asian...

PUBLISHED May 18, 2020 05:50 AM

COMPANIES & MARKETS

TOPLINE

Japfa fishes for growth in aquaculture

THE chief executive officer of Japfa is looking to at least double the group's nascent...

PUBLISHED May 18, 2020 05:50 AM

Eagle Hospitality Trust posts US$8.9m Q1 loss

BELEAGUERED Eagle Hospitality Trust (EHT) has posted a loss of US$8.9 million for the...

PUBLISHED May 18, 2020 05:50 AM

Transformation coming soon to lagging Hang Seng Index

THE 50-year-old Hang Seng Index is poised to embrace change, and it cannot come soon...

PUBLISHED May 18, 2020 05:50 AM
CHARTPOINT

Alibaba on track to recovery

E-COMMERCE giant Alibaba is one of the world's fastest growing technology companies....

PUBLISHED May 18, 2020 05:50 AM

ThaiBev expects Covid-19 to accelerate off-premise sales

AS Thai Beverage Public Co (ThaiBev) sees business being hit amid government measures...

PUBLISHED May 18, 2020 05:50 AM

HSBC, Citi speed up digital push to ward off Asian upstarts

BANKS in Asia's financial hubs such as HSBC and Citigroup are finding that the...

PUBLISHED May 18, 2020 05:50 AM
WALL STREET INSIGHT

US stock market volatile but stays at elevated levels

US STOCKS fell last week after stark warnings from the country's infectious diseases...

PUBLISHED May 18, 2020 05:50 AM

Dollar notches small weekly gain after weak US data, threat of 2nd Covid-19 wave

THE US dollar rose on Friday to notch a 0.66 per cent weekly gain as the threat of a...

PUBLISHED May 18, 2020 05:50 AM
INSIDE INSIGHTS

FMR LLC increases deemed interests in First Resources

FOR the five trading sessions spanning May 8 to 14, the Straits Times Index (STI)...

PUBLISHED May 18, 2020 05:50 AM

REAL ESTATE

Remote working set to stay post-pandemic

AN EXPLOSION in remote working owing to the coronavirus pandemic could see companies...

PUBLISHED May 18, 2020 05:50 AM

BANKING & FINANCE

World monetary policy stance may not be as easy as it appears

MONETARY policy could be tighter than it looks as the pace of government borrowing...

PUBLISHED May 18, 2020 05:50 AM

UOB has 406% rise in Q1 purchase of investment products

UNITED Overseas Bank (UOB) has had a 406 per cent increase in the online purchase of...

PUBLISHED May 18, 2020 05:50 AM

China central bank should avoid buying special treasury bonds: adviser

THE People's Bank of China should avoid buying special treasury bonds as such a move...

PUBLISHED May 18, 2020 05:50 AM

Bank of England examining negative rates: chief economist

THE Bank of England (BOE) is examining unconventional monetary policy measures more...

PUBLISHED May 18, 2020 05:50 AM

ENERGY & COMMODITIES

Growth in China's industrial production lifts prices of metals

A SLIGHT recovery in copper and several other base metals prices is a further...

PUBLISHED May 18, 2020 05:50 AM

CONSUMER

Michael Jordan memorabilia soars in value amid Last Dance nostalgia

THE immense global success of the documentary, The Last Dance, amid the coronavirus...

PUBLISHED May 18, 2020 05:50 AM

TRANSPORT

Air France's grounded pilots sent to simulator

AIR France is putting its grounded pilots through their paces in the flight simulator...

PUBLISHED May 18, 2020 05:50 AM

Baltic Exchange Shipping Insights

A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per...

PUBLISHED May 18, 2020 05:50 AM

GOVERNMENT & ECONOMY

Indonesian govt plans US$8.6b Covid-19 bailout for state firms

INDONESIA is planning an US$8.6 billion bailout for 12 state-owned firms, to reduce...

PUBLISHED May 18, 2020 05:50 AM

India plans to suspend new bankruptcy filings for a year

INDIA won't allow most companies to be tipped into bankruptcy for a year as...

PUBLISHED May 18, 2020 05:50 AM

Saudi sovereign wealth fund seeks margin loan

SAUDI Arabia's sovereign wealth fund is planning to borrow about US$10 billion by...

PUBLISHED May 18, 2020 05:50 AM
VIRUS OUTBREAK

2020 list of UK's richest shows first fall in wealth in a decade

BRITAIN'S wealthiest people have lost tens of billions of pounds during the...

PUBLISHED May 18, 2020 05:50 AM

Temporary layoff schemes no cure-all in slow Covid-19 recovery

TEMPORARY unemployment schemes operating across Europe could struggle to save the jobs...

PUBLISHED May 18, 2020 05:50 AM

LIFE & CULTURE

Hollywood hype machine plots virus-proof red carpets

RED-CARPET premieres are the pinnacle of any new Hollywood blockbuster's publicity...

PUBLISHED May 18, 2020 05:50 AM

VIEWS FROM THE TOP

The future of frequent flying

THIS WEEK'S TOPIC: Will you resume business travel once the travel curbs are lifted?...

PUBLISHED May 18, 2020 05:50 AM

BREAKING NEWS

May 25, 2020 07:06 PM

Vietnam plans 15.84t dong tax cut for small businesses

[HANOI] Vietnam is planning a 15.84 trillion dong (S$968.9 million) cut in corporate income tax for small-sized...

May 25, 2020 07:04 PM

Singapore's APL England loses cargo in heavy Australian seas

[SYDNEY] A Singapore-flagged cargo ship lost at least 40 containers in deep waters off the coast of Sydney when they...

May 25, 2020 07:01 PM

Volkswagen loses landmark German case as diesel owners stand to receive damages

[KARLSRUHE] A German federal court judge ruled that Volkswagen has to pay compensation to motorists who purchased...

May 25, 2020 06:58 PM

S Korean cafe hires robot barista to help with social distancing

[DAEJEON] The new robot barista at the cafe in Daejeon, South Korea, is courteous and swift as it seamlessly makes...

May 25, 2020 06:56 PM

Eurozone bond yields steady; focus remains on recovery fund

[LONDON] Eurozone bond yields were steady on Monday, as the market overlooked a paper from Austria, Sweden, Denmark...

May 25, 2020 06:53 PM

Renault must join French-German battery project: minister

[PARIS] Renault will have to join a French-German project developing batteries in order to receive a five billion...