Tuesday, Jun 23, 2020

TOP STORIES

BT EXCLUSIVE

Oil trading troubles could jack up borrowing costs

THE collapse in oil prices and the Covid-19 outbreak are exposing questionable...

PUBLISHED Jun 23, 2020 05:50 AM
BEYOND COVID-19: INVESTING

Asset managers find due diligence solution in virtual realm

ASSET managers are turning to new ways to raise funds to get around travel bans, and...

PUBLISHED Jun 23, 2020 05:50 AM
VIRUS OUTBREAK

Resilient supply chains come from greater connectivity: MAS chief

COUNTRIES should resist the temptation to retreat behind respective borders, even as...

PUBLISHED Jun 23, 2020 05:50 AM

Over 500 SMEs get digital access to new markets overseas

DESPITE the Covid-19 pandemic, more than 500 small and medium-sized enterprises (SMEs...

PUBLISHED Jun 23, 2020 05:50 AM

New licence terms for employment agencies to boost fair hiring: MOM

THE Ministry of Manpower (MOM) on Monday said that it will impose new licence...

PUBLISHED Jun 23, 2020 05:50 AM
VIRUS OUTBREAK

218 new Covid-19 cases; some patients visited supermarkets in Jalan Kayu, Serangoon North and Jurong West

TWO Sheng Siong supermarkets and an NTUC FairPrice outlet have been added to the list...

PUBLISHED Jun 23, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Hotel sector needs to get creative as travellers take a break

AGAINST a backdrop of unprecedented border restrictions, local hotel operators will...

PUBLISHED Jun 23, 2020 05:50 AM

SIA, SilkAir increase transit sources; Scoot to increase destinations

SINGAPORE Airlines (SIA) and SilkAir on Monday said that customers can transit through...

PUBLISHED Jun 23, 2020 05:50 AM

Halcyon Agri plans 1-for-2 rights issue to raise S$174.7m

NATURAL rubber supplier Halcyon Agri Corp on Monday proposed a renounceable non-...

PUBLISHED Jun 23, 2020 05:50 AM

Corporate digest

THE board of Noble Group Holdings on Monday evening said that as at the registration...

PUBLISHED Jun 23, 2020 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Jun 23, 2020 05:50 AM

Darco minority shareholders raise disclosure, conflict of interest issues

MINORITY shareholders who own a combined 15 per cent stake in Darco Water Technologies...

PUBLISHED Jun 23, 2020 05:50 AM
BROKER'S TAKE

DBS initiates coverage of Valuetronics with 'hold' call

DBS Group Research has initiated coverage on electronics manufacturer Valuetronics...

PUBLISHED Jun 23, 2020 05:50 AM
STOCKS

STI dips despite optimism for a rebound in some quarters

THE Straits Times Index ended the first trading day of the week at 2,629.69, down 5.14...

PUBLISHED Jun 23, 2020 05:50 AM
CURRENCIES

Aussie and Kiwi dollars lead gains; US dollar falls

THE New Zealand and Australian dollars surged ahead on Monday, while the US dollar...

PUBLISHED Jun 23, 2020 05:50 AM

REAL ESTATE

Two strata office floors at GB Building for sale with S$11.9m, S$12.7m guide prices

TWO strata office floors in GB Building in the central business district (CBD) will be...

PUBLISHED Jun 23, 2020 05:50 AM

Knight Frank hires 2 property veterans in senior positions

KNIGHT Frank Singapore has hired property veterans Alice Tan as its head of...

PUBLISHED Jun 23, 2020 05:50 AM

China home prices to pick up, but outlook remains soft

CHINA'S home prices are expected to grow slightly faster this year than predicted a...

PUBLISHED Jun 23, 2020 05:50 AM

US housing set to ride out economic storm

US HOME prices will defy the current economic downturn and ride out the storm,...

PUBLISHED Jun 23, 2020 05:50 AM

US insurers eye Legionnaires' disease safeguards as buildings reopen

COMMERCIAL insurers are scrutinising building managers' efforts to avoid outbreaks of...

PUBLISHED Jun 23, 2020 05:50 AM

Saudi developer Jabal Omar posts third straight quarterly loss

"The lockdown in Mecca, the suspension of Umrah and visits to the city as well as...

PUBLISHED Jun 23, 2020 05:50 AM

BANKING & FINANCE

BOE governor signals dramatic shift towards stimulus

BANK of England Governor Andrew Bailey signalled a major shift in the central bank's...

PUBLISHED Jun 23, 2020 05:50 AM

Nets appoints ex-Visa exec Lawrence Chan as group CEO

THE Network for Electronic Transfers (Nets) on Monday said it has appointed Lawrence...

PUBLISHED Jun 23, 2020 05:50 AM

Wirecard says missing 1.9b euros probably 'do not exist', withdraws financial results

WIRECARD AG said the missing 1.9 billion euros (S$3 billion) of cash on its balance...

PUBLISHED Jun 23, 2020 05:50 AM

Japan funds play safe by turning away from Latin American bonds

THE rebound in Latin American bonds from the coronavirus selloff has attracted...

PUBLISHED Jun 23, 2020 05:50 AM

Pandemic propels old-school bond traders towards an electronic future

THE mammoth bond market has long been the old-school bastion of the financial world,...

PUBLISHED Jun 23, 2020 05:50 AM

ENERGY & COMMODITIES

China's new low-sulphur fuel oil contract jumps in debut trade

CHINA'S new low-sulphur fuel oil (LSFO) futures contract made strong gains in its...

PUBLISHED Jun 23, 2020 05:50 AM

TECHNOLOGY

Nintendo cools mobile ambitions after Animal Crossing success

NINTENDO is retreating from the US$77 billion mobile gaming arena after disappointing...

PUBLISHED Jun 23, 2020 05:50 AM

CONSUMER

Fearing second Covid-19 wave, Europe aims to train 'army' of medics

EUROPEANS are enjoying the gradual easing of coronavirus lockdown measures, but in...

PUBLISHED Jun 23, 2020 05:50 AM

China halts poultry imports from Tyson Foods over fears of virus transmission

CHINA suspended poultry imports from a Tyson Foods plant where hundreds of employees...

PUBLISHED Jun 23, 2020 05:50 AM

TRANSPORT

Final Virgin Australia bids a key test for ailing aviation industry

THE final bids for Virgin Australia Holdings Ltd will show how much appetite private...

PUBLISHED Jun 23, 2020 05:50 AM

MRT network boost delayed but 50% expansion still targeted for early 2030s: Khaw

THE Republic's plans to expand its rail network by more than 50 per cent will be...

PUBLISHED Jun 23, 2020 05:50 AM

China eases rules for petrol-electric hybrids, giving carmakers space to meet quotas

CHINA re-classified petrol-electric hybrid vehicles on Monday so they get more...

PUBLISHED Jun 23, 2020 05:50 AM

GOVERNMENT & ECONOMY

WHO warns pandemic accelerating, as Brazil reaches 50,000 deaths and Europe eases curbs

THE World Health Organization (WHO) sent out a fresh warning on Monday over the...

PUBLISHED Jun 23, 2020 05:50 AM

ECB looks to defuse German legal time bomb risking stimulus

THE European Central Bank's most determined attempt yet to confront the German legal...

PUBLISHED Jun 23, 2020 05:50 AM

Nokia to cut 1,200 jobs at Alcatel-Lucent in France

NOKIA plans to eliminate 1,233 jobs at its Alcatel-Lucent subsidiary in France,...

PUBLISHED Jun 23, 2020 05:50 AM

Trump puts re-election ahead of national security: John Bolton

US PRESIDENT Donald Trump put his re-election ahead of US national security, John...

PUBLISHED Jun 23, 2020 05:50 AM

LIFE & CULTURE

Liverpool draws at Everton, a momentary pause before its party

BY now, everyone at Liverpool Football Club has grown used to waiting.

PUBLISHED Jun 23, 2020 05:50 AM

Giant circle of shafts discovered close to Stonehenge

ARCHAEOLOGISTS have discovered a wide circle of deep shafts surrounding an ancient...

PUBLISHED Jun 23, 2020 05:50 AM

Movie, pop stars line up for Covid-19 global fundraising gig

INTERNATIONAL music and film stars will headline a globally televised and streamed...

PUBLISHED Jun 23, 2020 05:50 AM

SME

Over 7,600 businesses loaned about S$7.1 billion

MORE than 7,600 businesses in Singapore borrowed about S$7.1 billion from government-...

PUBLISHED Jun 23, 2020 05:50 AM

Building more sustainable small businesses for a more resilient future

THE COVID-19 global crisis has been disruptive on many fronts. Aside from being a...

PUBLISHED Jun 23, 2020 05:50 AM

10 strategies to help your business rebound

AS businesses crank up their operations in Phase 2 of the reopening of Singapore's...

PUBLISHED Jun 23, 2020 05:50 AM

OPINION

EDITORIAL

Less friction with trade partners will help Australia's recovery

Like many other governments, Australia's response to the coronavirus pandemic was a...

PUBLISHED Jun 23, 2020 05:50 AM

Trump's reality check in campaign start

US PRESIDENT Donald Trump has had some bad weeks over his term of office so far - for...

PUBLISHED Jun 23, 2020 05:50 AM
THE BOTTOM LINE

A Trump win in November may not seem all that bad to Xi

On the surface, the low-profile meeting in Hawaii between the top diplomats of China...

PUBLISHED Jun 23, 2020 05:50 AM

Companies must take the lead to be moral mentors in the era of Covid-19 and Black Lives Matter

WELL before Nike or Starbucks was even a glimmer in the eye of their founders, a...

PUBLISHED Jun 23, 2020 05:50 AM

Now is the time to reclaim the streets from the vehicles

SINCE cities came to exist 5,000 years ago, epidemics have shaped their fate. Plagues...

PUBLISHED Jun 23, 2020 05:50 AM
LETTER TO THE EDITOR

Opportunities among the masses

BEN Paul's Hock Lock Siew commentary "Improving standards for foreign workers could be...

PUBLISHED Jun 23, 2020 05:50 AM

BREAKING NEWS

Jul 2, 2020 02:41 PM

Australia weighs 'opportunities' for Hong Kong people after security law

[SYDNEY] Australian Prime Minister Scott Morrison signalled on Thursday his government may follow Britain in...

Jul 2, 2020 02:31 PM

Tokyo: Stocks edge up in cautious trading

[TOKYO] Tokyo stocks closed marginally higher Thursday following rallies on the Nasdaq on Wall Street, but traders...

Jul 2, 2020 02:19 PM

Banks in Singapore in talks to bolster lending practices for troubled commodity sector

[SINGAPORE] Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve...

Jul 2, 2020 02:11 PM

Singapore adds China to 12-country pledge to keep trade open amid virus crisis

SINGAPORE’S biggest trading partner has become the latest country joining a pledge to keep supply chains open during...

Jul 2, 2020 02:06 PM

Russians grant Putin right to extend his rule until 2036 in landslide vote

[MOSCOW] Russians opened the door to Vladimir Putin staying in power until 2036 by voting overwhelmingly for...

Jul 2, 2020 01:54 PM

Japan to shut or mothball 100 ageing coal-fired power plants

[TOKYO] Japan is looking to suspend or close as many as 100 older, inefficient coal-fired power plants by about 2030...