Thursday, Jan 10, 2019

TOP STORIES

Ascott Reit sells Raffles Place property for S$134m net gain

PRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt...
PUBLISHED Jan 10, 2019 05:50 AM

Art for all tastes at Art Week 2019

FROM Jan 19 to 27, the seventh Singapore Art Week will go into full swing, and the city...
PUBLISHED Jan 10, 2019 05:50 AM

New initiative helps SMEs digitalise from the get-go

NEWLY incorporated businesses in Singapore will have access to subsidised digital...
PUBLISHED Jan 10, 2019 05:50 AM

US-China trade talks conclude amid hopes of a breakthrough

CHINESE and US teams ended trade talks in Beijing on Wednesday that lasted longer than...
PUBLISHED Jan 10, 2019 05:50 AM

Re-employment model remains relevant; retirement age should stay at 62: panel

THE retirement and re-employment model for older workers continues to be relevant - and...
PUBLISHED Jan 10, 2019 05:50 AM

World Bank cuts growth outlook as trade sputters

THE World Bank cut its forecast for the global economy as slowing growth in trade and...
PUBLISHED Jan 10, 2019 05:50 AM

COEs end mostly higher on eve of motor show

CERTIFICATES of entitlement (COE) ended mostly higher at the latest tender on Wednesday...
PUBLISHED Jan 10, 2019 05:50 AM
OPINION

Ghosn saga a lesson for everyone at the helm

IN the autumn of 2015, Carlos Ghosn more than likely overlooked Japan's National Tax...
PUBLISHED Jan 10, 2019 05:50 AM

SP Group launches 38 high-speed electric vehicle charging points

ENERGY provider SP Group has rolled out its first batch of electric vehicle charging...
PUBLISHED Jan 10, 2019 05:50 AM

Career regulator joins audit firm Deloitte

A VETERAN regulator who was among the senior individuals nailing down macroprudential...
PUBLISHED Jan 10, 2019 05:50 AM

New forum to help companies navigate human capital challenges

WITH the manpower shortage a common refrain among businesses, being able to navigate...
PUBLISHED Jan 10, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Making the most of AGM season as an investor

THE year's busiest period for investors and companies alike is just around the...
PUBLISHED Jan 10, 2019 05:50 AM

China investors piling into brokerages following equity rout

CHINA'S stock investors are piling into the country's brokerages, made cheap by...
PUBLISHED Jan 10, 2019 05:50 AM
STOCKS

STI climbs 1.12% on improving sentiment

SINGAPORE stocks extended gains to a fourth straight session on Wednesday as US-China...
PUBLISHED Jan 10, 2019 05:50 AM

Brokers' take

Growing uncertainty over global economic growth and persisting trade tensions have...
PUBLISHED Jan 10, 2019 05:50 AM
CURRENCIES

US-China trade hopes boost euro, commodity currencies

THE euro and commodity-linked currencies rose on Wednesday as optimism over US-China...
PUBLISHED Jan 10, 2019 05:50 AM

Daily securities trading value dip 13% year on year in December

THE daily average value of securities traded on the Singapore Exchange (SGX) fell 13 per...
PUBLISHED Jan 10, 2019 05:50 AM
HOT STOCK

ESR Reit up 1.92%; analysts see further gains ahead

ESR Reit rose 1.92 per cent on Wednesday and looks poised to rise further. Analysts cite...
PUBLISHED Jan 10, 2019 05:50 AM

IFA for Sunrise says general offer 'not fair and not reasonable'

THE independent financial advisers (IFA) of Sunrise Shares Holdings said on Wednesday...
PUBLISHED Jan 10, 2019 05:50 AM

Olam to shut sugar trade desk

SINGAPORE-based agricultural commodities trading firm Olam International Ltd will shut...
PUBLISHED Jan 10, 2019 05:50 AM

Car buyers at Jardine C&C stand to win holidays abroad

JARDINE Cycle & Carriage's regional car dealership arm is giving away holidays...
PUBLISHED Jan 10, 2019 05:50 AM

Corporate digest

CITY Developments (CDL) has priced S$125 million of five-year notes at a fixed coupon of...
PUBLISHED Jan 10, 2019 05:50 AM

Xiaomi sinks after billions of shares are unlocked for sale

MANY Xiaomi Corp investors, who could only watch as the stock shed US$14 billion in...
PUBLISHED Jan 10, 2019 05:50 AM

REAL ESTATE

Singapore condo rents dip 0.2% in Dec; HDB rents up 0.6%: SRX flash estimates

RENTS for Singapore condominiums and private apartments reversed course to notch a small...
PUBLISHED Jan 10, 2019 05:50 AM

Opening of Botanic Gardens Gallop Rd extension delayed by a year

THE opening of an 8-hectare extension to the Botanic Gardens - initially scheduled for...
PUBLISHED Jan 10, 2019 05:50 AM

China's HNA Group sells Manhattan building near Trump Tower

HNA Group has sold a building in Manhattan to help ease the embattled conglomerate's...
PUBLISHED Jan 10, 2019 05:50 AM

Turkey's building boom turning to bust

DEEP in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of...
PUBLISHED Jan 10, 2019 05:50 AM

Hong Kong set for its most densely packed apartment blocks

HONG Kong, the world's least-affordable housing market, is set to get its densest...
PUBLISHED Jan 10, 2019 05:50 AM

BANKING & FINANCE

Forecasts for Aussie, kiwi cut, but gains still seen by end-2019

FOREX analysts have lowered their forecasts for the Australian and New Zealand dollars...
PUBLISHED Jan 10, 2019 05:50 AM
COMMENTARY

Citi plays longer game in China

CITIGROUP is playing a longer game in China. Even as the mainland economy wobbles, the US...
PUBLISHED Jan 10, 2019 05:50 AM

TECHNOLOGY

Qualcomm says Apple CEO's comment on settlement talk 'misleading'

QUALCOMM Inc on Tuesday responded to comments Apple Inc Chief Executive Tim Cook made in...
PUBLISHED Jan 10, 2019 05:50 AM

Vietnam accuses Facebook of breaching new cybersecurity law

VIETNAM has accused Facebook of violating a new cybersecurity law by refusing to scrub...
PUBLISHED Jan 10, 2019 05:50 AM

Tencent unveils a Siri-like digital assistant for WeChat

TENCENT Holdings Ltd will soon introduce a Siri-like digital assistant for WeChat,...
PUBLISHED Jan 10, 2019 05:50 AM

TRANSPORT

Saudi private jet industry stalls after crackdown

A CRACKDOWN on corruption in Saudi Arabia has severely dented the kingdom's private...
PUBLISHED Jan 10, 2019 05:50 AM

Mercedes claims luxury car crown as analysts eye challenger Tesla

MERCEDES-Benz sold 2.31 million passenger cars last year, likely enough to make it the...
PUBLISHED Jan 10, 2019 05:50 AM

Philippine transport regulator rejects Go-Jek's application for ride-hailing service

THE Philippines' transport regulator has rejected an application from Indonesia...
PUBLISHED Jan 10, 2019 05:50 AM

Air France expansion lags behind KLM, stoking sibling tensions

AIR FRANCE-KLM Group's annual traffic figures show that the company's Dutch arm...
PUBLISHED Jan 10, 2019 05:50 AM

Ghosn's hopes of early bail dim after losing detention appeal

CARLOS Ghosn lost an appeal against his ongoing detention, diminishing prospects of an...
PUBLISHED Jan 10, 2019 05:50 AM

GOVERNMENT & ECONOMY

BOJ mulls unpleasant policy options if Fed puts rates on hold

WORRIED by prospects of a pause in the US interest rate hike cycle, the Bank of Japan (...
PUBLISHED Jan 10, 2019 05:50 AM

Japan's fear that PM May's Brexit plan will be shot down is real

JAPAN has a lot riding on Brexit. That is something that Prime Minister Shinzo Abe is...
PUBLISHED Jan 10, 2019 05:50 AM

UK productivity puzzle continues with smallest rise since 2016

UK productivity rose at the slowest pace in two years between July and September,...
PUBLISHED Jan 10, 2019 05:50 AM

Courts resist Macron's efforts to loosen labour market

ONE of President Emmanuel Macron's most emblematic measures to free up France's...
PUBLISHED Jan 10, 2019 05:50 AM

OPINION

Interpreting Trump's chaotic foreign policy

MOST observers of US foreign policy-making recognise that a decision made by the White...
PUBLISHED Jan 10, 2019 05:50 AM
THE BOTTOMLINE

What will cause the next US recession?

OVER the past 40 years, the US economy has experienced four recessions. Among the four,...
PUBLISHED Jan 10, 2019 05:50 AM
EDITORIAL

Name of game in current state of play: Navigate the turbulence

PROJECTING the market and economic outlook has become the staple of analysts, strategists...
PUBLISHED Jan 10, 2019 05:50 AM

Robots at your service

AT the annual CES tech show in Las Vegas on Monday, Samsung unveiled a family of robots...
PUBLISHED Jan 10, 2019 05:50 AM
COMMENTARY

Accelerating the transition to renewable energy

THIS year will be a major tipping point for renewable energy as mounting pressure on...
PUBLISHED Jan 10, 2019 05:50 AM

BREAKING NEWS

Mar 20, 2019 05:00 PM

Japan govt downgrades economy view as US-China trade war bites

[TOKYO] Japan's government downgraded its assessment of the economy in March for the first time in three years,...
Mar 20, 2019 04:51 PM

Europe: Stock markets drop at open

[LONDON] European stock markets opened lower on Wednesday, with London's benchmark FTSE 100 index down 0.3 per...
Mar 20, 2019 04:41 PM

Japan Times president apologises for 'turmoil,' warns of legal action against leakers

[TOKYO] The Japan Times, an English-language newspaper that amended its description of "comfort women" and...
Mar 20, 2019 04:32 PM

Hong Kong: Stocks close down, ending four-day rally

[HONG KONG] Hong Kong stocks closed down Wednesday, snapping a four-day winning streak, as investors look ahead to the...
Mar 20, 2019 04:27 PM

Irish trade mission wraps up whirlwind Singapore tour with Brexit looming

FOUR Irish companies have pledged to set up new offices here to strengthen their Asian footprint, during a two-day...
Mar 20, 2019 04:19 PM

Singapore startup AnyMind Group closes Series B funding with US$21.4m

SINGAPORE-BASED AnyMind Group has closed its Series B Plus funding round with an additional US$8 million, bringing its ...
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