Tuesday, Jun 30, 2020

TOP STORIES

GE2020

Parties, policies, personalities in focus as campaigning starts amid Covid-19

AFTER a week of unveiled manifestoes and candidate introductions, Nomination Day today...

PUBLISHED Jun 30, 2020 05:50 AM
BT EXCLUSIVE

Jobs in some international schools in danger if enrolment falls along with expat numbers

INTERNATIONAL schools are bracing for a possible fall in enrolment numbers as...

PUBLISHED Jun 30, 2020 05:50 AM

Phillip Securities to buy RHB's Singapore stockbroking business

IN CONTINUED consolidation within the stockbroking industry, Phillip Securities is...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

'Trial by Internet' culture should not be encouraged: PM Lee

EXPRESSING continued confidence in the People's Action Party (PAP) candidate selection...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

Xie Yao Quan replaces Ivan Lim in PAP's Jurong GRC slate

THE People's Action Party's (PAP) general election team for the five-member Jurong...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

PSP manifesto calls for less reliance on foreign labour, stronger safety net for vulnerable groups

A REDUCTION in dependence on foreign labour, more support for localbusinesses, and a...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

Election digest

REGISTERED Singaporean voters living abroad can cast their votes at one of 10 overseas...

PUBLISHED Jun 30, 2020 05:50 AM

Accordia Golf Trust's sponsor offers to buy golf courses for S$804.1m

THE sponsor of Accordia Golf Trust (AGT) has proposed to acquire the trust's 88 golf...

PUBLISHED Jun 30, 2020 05:50 AM
BEYOND COVID-19

Builders can consider hostels for worker housing; but safe-distancing rules stay

DESPERATE to ride out the lull in backpacker tourism amid the novel coronavirus...

PUBLISHED Jun 30, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Darco shareholders right to let offer lapse; should push for more accountability

DARCO's deputy chairman Wang Zhi needed shareholders representing just a little over 5...

PUBLISHED Jun 30, 2020 05:50 AM

Forensic accounting probe launched into EHT sponsor Urban Commons

FTI Consulting, as chief restructuring officers of Eagle Hospitality Trust's (EHT)...

PUBLISHED Jun 30, 2020 05:50 AM

AEM unaffected by Apple's move to drop Intel: DBS

APPLE'S move to drop semiconductor giant Intel Corporation's chips for future Macs is...

PUBLISHED Jun 30, 2020 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Jun 30, 2020 05:50 AM
HOT STOCK

Biolidics shares sink 22% after calling off US sales of Covid-19 test kits

BIOLIDICS shares sank 22 per cent on Monday after the Catalist-listed firm announced...

PUBLISHED Jun 30, 2020 05:50 AM

Hour Glass Group clocks best result with S$76.2m earnings for FY2020

LUXURY watch retailer The Hour Glass Group has clocked its best performance to date,...

PUBLISHED Jun 30, 2020 05:50 AM

SPH to develop, run data-centre facilities with Keppel Corp units

SINGAPORE Press Holdings (SPH), which publishes The Business Times, is setting up a...

PUBLISHED Jun 30, 2020 05:50 AM

IHH Healthcare reports Q1 loss of RM319.8m

IHH Healthcare sank into the red for the first quarter to March, weighed down by...

PUBLISHED Jun 30, 2020 05:50 AM

SGX buys remaining 80% of BidFX to bridge OTC and listed FX markets

SINGAPORE Exchange (SGX) will buy the remaining 80 per cent stake in BidFX it does not...

PUBLISHED Jun 30, 2020 05:50 AM

Dasin Retail Trust placement 1.2 times subscribed; purchase price for China malls unchanged

DASIN Retail Trust's placement was 1.2 times subscribed at an issue price of S$0.78...

PUBLISHED Jun 30, 2020 05:50 AM

Corporate digest

COMFORTDELGRO on Monday said it will roll out what it claims to be Singapore's fastest...

PUBLISHED Jun 30, 2020 05:50 AM
STOCKS

New Covid-19 infections weigh on markets, STI down 1.2%

SINGAPORE shares fell alongside most Asian equity markets on Monday following a...

PUBLISHED Jun 30, 2020 05:50 AM
CURRENCIES

Dollar extends losses with focus on US Covid-19 cases

THE dollar fell on Monday while the euro led gains by strengthening half a per cent,...

PUBLISHED Jun 30, 2020 05:50 AM

REAL ESTATE

Mount Emily property launched for collective sale by tender

A FREEHOLD residential property in Mount Emily Road has been launched for sale by...

PUBLISHED Jun 30, 2020 05:50 AM

Real estate agents return to work as New York City reopens

AS NEW York City entered Phase 2 of re-opening last week, thousands of real estate...

PUBLISHED Jun 30, 2020 05:50 AM

Silicon Valley developers bet big on return to offices

AS THE coronavirus re-shapes urban life - and prompts businesses to rethink where they...

PUBLISHED Jun 30, 2020 05:50 AM

Airbnb peeved over home-sharing ban in Amsterdam's old town

AIRBNB on Friday accused the city of Amsterdam of acting illegally after it banned...

PUBLISHED Jun 30, 2020 05:50 AM

UK homebuilder Berkeley's founder dies, aged 72

UK HOMEBUILDER Berkeley Group Holdings announced the death of its founder and chairman...

PUBLISHED Jun 30, 2020 05:50 AM

BANKING & FINANCE

DBS offers transition financing with latest framework

DBS on Monday launched a sustainable and transition finance framework and taxonomy, as...

PUBLISHED Jun 30, 2020 05:50 AM

Indonesia government nears deal with central bank on deficit funding

INDONESIA'S central bank may buy billions of dollars of sovereign bonds at zero...

PUBLISHED Jun 30, 2020 05:50 AM

UOB's Dennis Khoo leaving to 'pursue other opportunities'

DENNIS Khoo, the head of UOB's TMRW digital group - which manages UOB's mobile-only...

PUBLISHED Jun 30, 2020 05:50 AM

China firms behind 50% of global equity raised in H1 2020

FIRMS in China brought in half of equity capital raised globally this year so far,...

PUBLISHED Jun 30, 2020 05:50 AM

ENERGY & COMMODITIES

Plunging energy prices push American shale pioneer into bankruptcy

CHESAPEAKE Energy, the archetype for America's extraordinary shale-gas fortunes, filed...

PUBLISHED Jun 30, 2020 05:50 AM

Oil prices extend losses as coronavirus spike cools demand hopes

OIL prices slid for a second straight session on Monday as coronavirus cases rose in...

PUBLISHED Jun 30, 2020 05:50 AM

TECHNOLOGY

Sony sees software subscription as future for data-analysing image sensors

SONY Corp's image sensor business aims to replicate PlayStation's success to address...

PUBLISHED Jun 30, 2020 05:50 AM

CONSUMER

Companies are using pandemic to shed weight of laggard brands

FROM black tea to bottled water, European companies are taking a hard look at...

PUBLISHED Jun 30, 2020 05:50 AM

TRANSPORT

Airbus lowers output by 40% for 2 years as job cuts loom

AIRBUS plane output will be 40 per cent lower for two years compared to pre-crisis...

PUBLISHED Jun 30, 2020 05:50 AM

GOVERNMENT & ECONOMY

GE2020: PAP faces challenge in Chua Chu Kang GRC, Pioneer and Hong Kah North SMCs

WITH the exception of Pioneer SMC, it will be a straight fight between the People's...

PUBLISHED Jun 30, 2020 01:41 PM

China opens wealth tap to HK amid political crackdown

CHINA moved to further deepen its economic ties to Hong Kong, allowing two-way cross-...

PUBLISHED Jun 30, 2020 05:50 AM

CAD probe into Wirecard ongoing; MAS, Acra assisting

THE Singapore Police has been conducting a criminal probe into Wirecard's Singapore...

PUBLISHED Jun 30, 2020 05:50 AM

Covid-19 drug to cost government entities US$2,340 for 5-day course

GILEAD Sciences said it will charge the US government and other developed countries US...

PUBLISHED Jun 30, 2020 05:50 AM

LIFE & CULTURE

Opera has vanished; so have the dream jobs at the Met Orchestra

HUGO Valverde didn't think he'd make it when he auditioned for the orchestra of the...

PUBLISHED Jun 30, 2020 05:50 AM

Half of Tokyo residents oppose Olympics in 2021: poll

JUST over half of Tokyo's residents don't think the postponed 2020 Olympics should be...

PUBLISHED Jun 30, 2020 05:50 AM

One Championship MMA fights to resume next month

ASIA'S largest mixed martial arts promotion, One Championship, will return behind...

PUBLISHED Jun 30, 2020 05:50 AM

SME

A clarion call for firms to go digital

IF there is one bright spark from the chaos caused by the coronavirus pandemic, it's...

PUBLISHED Jun 30, 2020 05:50 AM

Business leaders share a glimpse of the new normal

VIRTUAL check-in and check-outs at hotels, more employees working from home and more...

PUBLISHED Jun 30, 2020 05:50 AM

Strategies for rebound

Don't plan too far ahead. Don't over invest in e-platform. Think mid term (three to...

PUBLISHED Jun 30, 2020 05:50 AM

OPINION

EDITORIAL

Social media is making itself felt, and may do so at the ballot box

SINCE at least 2011, each General Election has been dubbed a "social media election...

PUBLISHED Jun 30, 2020 05:50 AM

Is it finally 'over' for Donald Trump?

VETERAN White House correspondents have been comparing the current mood in Washington...

PUBLISHED Jun 30, 2020 05:50 AM
THE BOTTOM LINE

IMF's difficulties from epic virus challenge have only just begun

EMERGING markets and developing countries are in dire economic plight amid the Covid-...

PUBLISHED Jun 30, 2020 05:50 AM

There are reasons not to fear fiscal deficits and central bank financing

THE severe economic downturn caused by the Covid-19 pandemic has forced governments...

PUBLISHED Jun 30, 2020 05:50 AM

Will 'worst trade treaty' ride to Trump's rescue?

THE new United States-Mexico-Canada agreement (USMCA), one of the most comprehensive...

PUBLISHED Jun 30, 2020 05:50 AM

BREAKING NEWS

Jul 9, 2020 10:16 AM

Buyers return to Covid-hit UK property market in June, RICS says

[LONDON] Buyers returned to Britain's property market last month as it reopened following the coronavirus lockdown...

Jul 9, 2020 10:07 AM

Singapore's Law Society warns of fraudsters targeting law firms

[SINGAPORE] The Law Society (LawSoc) has warned of fraudsters targeting law firms in a scheme to steal funds through...

Jul 9, 2020 10:05 AM

US adds 55,000 new Covid-19 cases in 24 hours

[WASHINGTON] The United States recorded 55,000 new coronavirus cases in 24 hours on Wednesday, a tally by Johns...

Jul 9, 2020 09:54 AM

Singapore stocks post modest gains after Wall Street rally; STI up 0.2% at open

SINGAPORE shares continued to edge up on Thursday, after...

Jul 9, 2020 09:48 AM

Hong Kong: Stocks open on front foot

[HONG KONG] Hong Kong stocks started Thursday morning with healthy gains following another record-breaking...

Jul 9, 2020 09:44 AM

Family behind Paris Baguette loses billions by taking on the world

[NEW YORK] Its stores are dotted around Manhattan, Singapore and Shanghai with blue neon signs that virtually scream...