Tuesday, Mar 19, 2019

TOP STORIES

BT EXCLUSIVE

Confusion over whether ex-CEO still has role in Yuuzoo

CONFUSION has arisen over whether social-media company YuuZoo's Singapore chief...

PUBLISHED Mar 19, 2019 05:50 AM

Tuaspring default threatens Hyflux restructuring deal

HYFLUX'S restructuring agreement with SM Investments Pte Ltd may be terminated if...

PUBLISHED Mar 19, 2019 05:50 AM

Singapore exports rebound in Feb, but economists not cheering yet

ECONOMISTS cautioned on Monday that Singapore's exports are not out of the woods...

PUBLISHED Mar 19, 2019 05:50 AM

CapitaLand and CDL poised to buy Liang Court mall at S$400m

THE decades-old Liang Court mall - famous at its peak as a Japanese expat haunt and...

PUBLISHED Mar 19, 2019 05:50 AM

Singapore GDP growth to slow to 2.4% in 2019: report

SINGAPORE'S gross domestic product (GDP) growth in 2019 is expected to slow to 2....

PUBLISHED Mar 19, 2019 05:50 AM
STARTUPS

Payfazz's solution for Indonesia's unbanked impresses Insignia

THERE has been a lot of talk about Indonesia's unbanked population, but not many...

PUBLISHED Mar 19, 2019 05:51 AM

IBM launches new blockchain network for global payments

IN A sign of more incumbents embracing blockchain, tech giant IBM on Tuesday...

PUBLISHED Mar 19, 2019 05:50 AM

Construction sector sees fewer debts paid on time in 4Q: survey

THE construction sector in Singapore has seen a deterioration in debt servicing, with...

PUBLISHED Mar 19, 2019 05:50 AM

StarHub's metadata to be used by cybersecurity subsidiary

METADATA from Mainboard-listed StarHub's telco network will be used to beef up...

PUBLISHED Mar 19, 2019 05:50 AM

COMPANIES & MARKETS

CapitaLand's new CEO awarded pay package of S$4.2m for 2018

CAPITALAND chief executive and president Lee Chee Koon, who assumed the top post in...

PUBLISHED Mar 19, 2019 05:50 AM
HOCK LOCK SIEW

YuuZoo: A ghost trapped in suspension

AFTER almost a year of ongoing investigation by the Commercial Affairs Department (CAD...

PUBLISHED Mar 19, 2019 05:50 AM

M1's transformation journey begins as offer ends

THE buyout offer for telco M1 closed on Monday at 5.30pm, with the total number of...

PUBLISHED Mar 19, 2019 05:50 AM

First Sponsor withdraws complex rights issue after regulatory feedback

FIRST Sponsor Group has withdrawn its application for a rights issue involving...

PUBLISHED Mar 19, 2019 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Mar 19, 2019 05:50 AM

Singtel expands cross-border payments alliance VIA to Japan

SINGTEL'S cross-border mobile payments alliance VIA has welcomed Tokyo-based...

PUBLISHED Mar 19, 2019 05:50 AM
STOCKS

Singapore shares up ahead of Fed meeting

A QUIET Singapore stock market rose slightly on Monday as investors began to turn...

PUBLISHED Mar 19, 2019 05:50 AM

Brokers' take

Following a turbulent 2018, a more risk-on market sentiment this year has aided a...

PUBLISHED Mar 19, 2019 05:50 AM
CURRENCIES

Aussie, euro benefit from weaker US dollar

THE Australian dollar hit a two-week high and led a recovery against the US currency...

PUBLISHED Mar 19, 2019 05:50 AM

SGX eyes multi-asset, multi-purpose, borderless future: CEO

WHILE securities trading will remain an important facet of Singapore's capital...

PUBLISHED Mar 19, 2019 05:50 AM

GIC concerned over 'high uncertainty' in global investment environment

GIC is concerned over the "high uncertainty" in the global investment...

PUBLISHED Mar 19, 2019 05:50 AM

REAL ESTATE

Country Garden 2018 core profit up 38%

COUNTRY Garden Holdings Co Ltd, China's top property developer by total sales,...

PUBLISHED Mar 19, 2019 05:50 AM

Casa Sophia relaunches for collective sale at lower asking price

CASA Sophia in District 9 on Monday relaunched for collective sale by private treaty...

PUBLISHED Mar 19, 2019 05:50 AM

New rules to avoid cuts to Internet cables

INTERNET outages caused by cut underground cables are a target of new regulatory...

PUBLISHED Mar 19, 2019 05:50 AM

Eldorado Resorts, Caesars said to be in early merger talks

US casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the...

PUBLISHED Mar 19, 2019 05:50 AM

Private equity firm eyes China malls after US$4.5b Hong Kong  test run

PRIVATE equity firm Gaw Capital Partners may move on to buying neighbourhood malls in...

PUBLISHED Mar 19, 2019 05:50 AM

London leads fall in home sales as buyers hold breath for Brexit

ASKING prices for London homes fell this month as buyers hesitated on closing deals...

PUBLISHED Mar 19, 2019 05:50 AM

China's crowded co-working industry turns to services

CO-WORKING space operators in China are shifting their focus from ambitious expansion...

PUBLISHED Mar 19, 2019 05:50 AM

BANKING & FINANCE

Sceptics question wisdom of merger between Deutsche Bank and Commerzbank

DEUTSCHE Bank and Commerzbank confirmed on Sunday they were in talks about a merger,...

PUBLISHED Mar 19, 2019 05:50 AM

Deutsche Bank setting up a bad-loan buying unit in India

DEUTSCHE Bank AG is setting up a unit in India to buy and reorganise soured debt as it...

PUBLISHED Mar 19, 2019 05:50 AM
COMMENTARY

China needs to be upfront about its bad debts

CHINA'S banks may have a flood of bad loans waiting in the wings. Not that you...

PUBLISHED Mar 19, 2019 05:50 AM

Vodafone finds novel investment to make money off its suppliers

BIG companies often leave their suppliers hanging for weeks without pay, but Vodafone...

PUBLISHED Mar 19, 2019 05:50 AM

Fidelity National to buy payment processor Worldpay for US$35b

US fintech group Fidelity National Information Services Inc (FIS) has agreed to buy...

PUBLISHED Mar 19, 2019 05:50 AM

ENERGY & COMMODITIES

Saudis urge Opec+ to stick with oil cuts as job not yet done

OPEC and its allies have much work ahead to balance global oil markets and are...

PUBLISHED Mar 19, 2019 05:50 AM

India's palm oil imports could jump to record high as prices fall: analyst

INDIA'S palm oil imports in 2018/19 are likely to jump a tenth from a year...

PUBLISHED Mar 19, 2019 05:50 AM

TECHNOLOGY

NZ firms mull pulling ads from social media after mass shooting

SOME New Zealand companies are weighing whether to advertise on social media, as two...

PUBLISHED Mar 19, 2019 05:50 AM

EY's startup incubator opens for applications

PROFESSIONAL services organisation EY on Monday announced that it will be bringing its...

PUBLISHED Mar 19, 2019 05:50 AM

CONSUMER

Prada loses US$700m in value as China slowdown hits profits

CHINA'S slowdown has claimed another corporate scalp, with shares of Italian...

PUBLISHED Mar 19, 2019 05:50 AM

Brexit threatens British asparagus as EU seasonal workers stay away

FOR almost 100 years, Chris Chinn's family has farmed asparagus in the rolling...

PUBLISHED Mar 19, 2019 05:50 AM

TRANSPORT

Ethiopian jet's black boxes show similarities to Lion Air disaster

THE crash of an Ethiopian Airlines plane that killed 157 people had "clear...

PUBLISHED Mar 19, 2019 05:50 AM

Cathay Pacific says budget airlines serve 'unique market segment'

HONG Kong's Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong...

PUBLISHED Mar 19, 2019 05:50 AM

Jet Airways delays interest payment on bond

JET Airways India Ltd said it will miss a bond interest payment and grounded more...

PUBLISHED Mar 19, 2019 05:50 AM

GOVERNMENT & ECONOMY

May's Brexit plan still uncertain ahead of EU leaders' summit

THERESA May's third vote on her Withdrawal Agreement (WA) is going to the wire...

PUBLISHED Mar 19, 2019 05:50 AM

China dismisses US security warnings over Huawei as groundless

CHINA dismissed US security warnings against its telecoms equipment maker Huawei as...

PUBLISHED Mar 19, 2019 05:50 AM

Japan's exports slump for the third month in February

JAPAN'S exports fell for a third month in February in a sign of growing strain on...

PUBLISHED Mar 19, 2019 05:50 AM

Tram shooting in Holland in possible terrorist attack

A SHOOTING attack on Monday in the Dutch city of Utrecht that left three people dead...

PUBLISHED Mar 19, 2019 05:50 AM

LIFE & CULTURE

Captain Marvel wallops the box office competition again

NEWCOMERS were no match for Disney's Captain Marvel at the North American box...

PUBLISHED Mar 19, 2019 05:50 AM

SME

SINGAPORE BUDGET 2019

Helping SMEs' long-term growth

SMALL and medium enterprises (SMEs) seeking short-term measures to relieve upward cost...

PUBLISHED Mar 19, 2019 05:50 AM

Customising AI strategies through experiments

ARTIFICIAL INTELLIGENCE (AI) is not being implemented optimally in South-east Asia....

PUBLISHED Mar 19, 2019 05:50 AM

OPINION

EDITORIAL

PE breaks records in fundraisings, but returns may be disappointing

INSTITUTIONS and wealthy private investors have been enamoured of private equity since...

PUBLISHED Mar 19, 2019 05:50 AM

The challenges of AI governance

ON the sidelines of the last World Economic Forum meeting in Davos, Singapore's...

PUBLISHED Mar 19, 2019 05:50 AM
THE BOTTOM LINE

Is the global trade system breaking down or just in hiatus?

THOSE of us who have always thought that Brexit - Britain's withdrawal from the...

PUBLISHED Mar 19, 2019 05:50 AM

Thriving in the world amidst slowbalisation

IT WOULD not have escaped anyone's attention that the world seems to have become...

PUBLISHED Mar 19, 2019 05:50 AM
COMMENTARY

Brexit negotiations down to the wire for PM May

"UNPREDICTABLE" and "unprecedented" are words increasingly used to...

PUBLISHED Mar 19, 2019 05:50 AM
COMMENTARY

When home prices rise, people goof off at work

A HEALTHY property market generally reflects a strong, well-performing economy. But...

PUBLISHED Mar 19, 2019 05:50 AM

BREAKING NEWS

Apr 20, 2019 02:30 PM

China's pledged share risks recede in first quarter: Shenzhen exchange

[SHANGHAI] The risks posed by the use of pledged shares as collateral in China eased in the first quarter, thanks to...

Apr 20, 2019 02:06 PM

Hundreds sign online petition supporting woman suing JD.com CEO in rape case

[SHANGHAI] Hundreds of people have added their names to an online petition in support of a University of Minnesota...

Apr 20, 2019 01:47 PM

Security breaches won't derail singapore's tech push: Minister

[SAN FRANCISCO] Recent security breaches, including one where details of HIV patients were leaked, won't hold back...

Apr 20, 2019 01:28 PM

China to accept applications for restricted scrap metal imports from late May: Association

[BEIJING] Chinese authorities will start accepting applications for licences to import unspecified quantities of...

Apr 20, 2019 12:47 PM

US intelligence says Huawei funded by Chinese state security: Report

[BENGALURU] US intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times...

Apr 20, 2019 12:38 PM

Germany's Leica is latest to draw fire in China over ad

[SHANGHAI] German camera maker Leica has become the latest company to draw fire over an advertisement deemed...

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