Wednesday, Nov 06, 2019

TOP STORIES

BT EXCLUSIVE

IBF plans cloud-based jobs and skills platform for financial sector

THE national skills accreditation agency for the financial sector is rolling out a job...

PUBLISHED Nov 6, 2019 05:50 AM
PARLIAMENT

Incentives tied to axed Dyson electric car project will not be granted

GIVEN that Dyson scrapped plans to build electric vehicles in Singapore, any...

PUBLISHED Nov 6, 2019 05:50 AM
COMMENTARY

Correct decision for RCEP to push on, even without India

WITH the negotiations for the mega regional free trade agreement (FTA) known as the...

PUBLISHED Nov 6, 2019 05:50 AM

SIA's Q2 profit jumps 68% to S$94m on better showing by associates, JVs

BETTER showing by associates and joint ventures (JVs) - a key drag previously - led...

PUBLISHED Nov 6, 2019 05:50 AM
COMMENTARY

Making the right choices for a new digital payments ecosystem

LEADING retailers and technology companies have set a high bar for the banking...

PUBLISHED Nov 6, 2019 05:50 AM
PARLIAMENT

Net business formation in first 9 months 28% below average in recent years

IN THE first nine months of 2019, net formation of business entities has been about a...

PUBLISHED Nov 6, 2019 05:50 AM

CapitaLand starts to reap fruits of ASB buy

CAPITALAND has started to reap the initial fruits of its acquisition of Ascendas-...

PUBLISHED Nov 6, 2019 05:50 AM
BT EXCLUSIVE

Sibor begins long-awaited slide; slips to 1.8% after hovering at 1.9-2% the past 10 months

SINGAPORE's key short-term interest rate, which is used to price home loans, has...

PUBLISHED Nov 6, 2019 05:50 AM

COMPANIES & MARKETS

OCBC Q3 provisions jump on weaker economic outlook

OCBC Bank recorded a surge in its third-quarter allowance for loans and other assets...

PUBLISHED Nov 6, 2019 05:50 AM

Alpha Energy off to brisk trot on Mustang's first oil

LOSS-making Alpha Energy Holdings has finally caught a break.

PUBLISHED Nov 6, 2019 05:50 AM

StarHub gunning for 5G licence, cuts revenue outlook

MAINBOARD-LISTED telco StarHub is weighing a joint 5G bid with another mobile network...

PUBLISHED Nov 6, 2019 05:50 AM

A mirage? SGX RegCo urges caution on Mirach's surge

SINGAPORE Exchange Regulation (SGX RegCo) has once again urged investors and potential...

PUBLISHED Nov 6, 2019 05:50 AM

Corporate digest

THE company is winding up its subsidiary, True Global Limited, as part of an internal...

PUBLISHED Nov 6, 2019 05:50 AM

AA Reit's Q2 DPU flat at 2.5 Singapore cents

AIMS Apac Reit (AA Reit) on Tuesday posted a distribution per unit (DPU) of 2.5...

PUBLISHED Nov 6, 2019 05:50 AM
STOCKS

Swelling trade hopes lift Asian markets

ASIAN markets ended higher on Tuesday, following a record-setting session for US...

PUBLISHED Nov 6, 2019 05:50 AM
CURRENCIES

Trade deal optimism boosts Aussie dollar, yuan

TRADE-ORIENTED currencies including the Australian dollar surged on Tuesday, with the...

PUBLISHED Nov 6, 2019 05:50 AM

REAL ESTATE

GIC, Charter Hall JV acquires A-grade office building in Sydney

SINGAPORE'S sovereign wealth fund, GIC, has entered into a joint venture (JV)...

PUBLISHED Nov 6, 2019 05:50 AM

Kampong Glam, Serangoon Gardens shophouses up for sale

TWO commercial shophouses in Kampong Glam and Serangoon Gardens have been put up for...

PUBLISHED Nov 6, 2019 05:50 AM

Chicago ranked the greenest place to work in the US

CHICAGO is the greenest place to work in the US, but other cities are trying to catch...

PUBLISHED Nov 6, 2019 05:50 AM

BANKING & FINANCE

PBOC cuts loan rate for first time since early 2016

CHINA'S central bank cut the interest rate on its one-year medium-term lending...

PUBLISHED Nov 6, 2019 05:50 AM

A lone Bitcoin whale likely fuelled 2017 surge, study finds

A TEXAS academic created a stir last year by alleging that Bitcoin's astronomical...

PUBLISHED Nov 6, 2019 05:50 AM

Fintech startup abandons plans to bid for Singapore digital banking licence

REMITTANCE start-up Instarem, which recently rebranded as Nium, has withdrawn from the...

PUBLISHED Nov 6, 2019 05:50 AM

ENERGY & COMMODITIES

Oil up on optimism over US-China talks, US jobs

OIL prices rose on Monday, buoyed by an improved outlook for crude demand as better-...

PUBLISHED Nov 6, 2019 05:50 AM

ArcelorMittal calls off acquisition of Italy's Ilva

ARCELORMITTAL, the world's biggest steelmaker, said on Monday it is pulling out of a...

PUBLISHED Nov 6, 2019 05:50 AM

For gold, best to take cautious view on trade talks' progress

WHEN it comes to gold, apparent progress in trade talks and investors' shifting...

PUBLISHED Nov 6, 2019 05:50 AM

TECHNOLOGY

Internet less free than it was a decade ago, says report

THE Internet is less free than it was a decade ago, and it's getting worse as some...

PUBLISHED Nov 6, 2019 05:50 AM

Singtel, Ninja Logistics fined by privacy watchdog over separate data breaches

TELCO Singtel has been fined S$25,000 for a data breach involving its My Singtel...

PUBLISHED Nov 6, 2019 05:50 AM

Alexa, Google Home or Siri can be hacked using a laser: researchers

SINCE voice-controlled digital assistants were introduced a few years ago, security...

PUBLISHED Nov 6, 2019 05:50 AM

Adobe's rosy forecast signals creative growth

Adobe Inc. gave an upbeat recurring revenue forecast for fiscal 2020 that reassured...

PUBLISHED Nov 6, 2019 05:50 AM

TRANSPORT

STRAIT TALK

Strategic thinking by shipping leaders

RIGHT now, it is difficult for shipping industry executives to think long term. An...

PUBLISHED Nov 6, 2019 05:50 AM

Germany boosts electric-car incentives to stimulate demand

CHANCELLOR Angela Merkel's government and Germany's carmakers agreed to increase cash...

PUBLISHED Nov 6, 2019 05:50 AM

Suzuki braces for bumpy road ahead after Q2 profit tumbles on India market woes

SUZUKI Motor Corp said its second-quarter profit plunged by almost a third on slumping...

PUBLISHED Nov 6, 2019 05:50 AM

Resurgent Boeing 737 MAX could trigger jet surplus, analyst warns

AIRLINES struggling to cope with the grounding of the 737 MAX could face a markedly...

PUBLISHED Nov 6, 2019 05:50 AM

IndiGo, Qatar Airways to announce strategic deal

INDIA'S largest airline, IndiGo, and Qatar Airways will make a strategic business...

PUBLISHED Nov 6, 2019 05:50 AM

GOVERNMENT & ECONOMY

Xi pledges wider market access, free-trade deals

CHINESE President Xi Jinping on Tuesday pledged to further open China's economy,...

PUBLISHED Nov 6, 2019 05:50 AM

Beijing pressing Trump for more tariff rollbacks in 'phase one' trade deal: sources

CHINA is pushing US President Donald Trump to remove more tariffs imposed in September...

PUBLISHED Nov 6, 2019 05:50 AM

BOJ policy gives fiscal spending more power, says Kuroda

BANK of Japan Governor Haruhiko Kuroda stepped into the global debate on the need for...

PUBLISHED Nov 6, 2019 05:50 AM

Indian firms, farmers applaud Modi's decision to reject RCEP trade deal

INDIAN farmers and businesses on Tuesday hailed Prime Minister Narendra Modi's...

PUBLISHED Nov 6, 2019 05:50 AM

LIFE & CULTURE

Even Project Runway couldn't save Zac Posen

ONCE upon a time, back in ye olde days of 2002, a young designer, just shy of 21 years...

PUBLISHED Nov 6, 2019 05:50 AM

Billionaires still love the horse race that stops a nation

THE Melbourne Cup may have lost its title as Australia's richest horse race, but it...

PUBLISHED Nov 6, 2019 05:50 AM

Cheddar cheese row chef named as an immortal of French cuisine

A FRENCH celebrity chef who is suing the Michelin guide for suggesting he used cheddar...

PUBLISHED Nov 6, 2019 05:50 AM

EXECUTIVE MONEY

Despite cyber threat, world is under-insured

LOSSES from cyber attacks loom large for businesses and governments, but the world is...

PUBLISHED Nov 6, 2019 05:50 AM

The green short: funds bet against laggards in sustainable shift

A NEW breed of environmentally conscious investor is starting to bet against losers in...

PUBLISHED Nov 6, 2019 05:50 AM

OPINION

EDITORIAL

Any action to tackle slowdown must address jobs issue head-on

ECONOMIC activity in Singapore is likely to stay lacklustre over the next 18 months,...

PUBLISHED Nov 6, 2019 05:50 AM

In Internet of Things, think small to go big

IN TODAY'S data-driven world, enterprises are constantly looking for easier, faster,...

PUBLISHED Nov 6, 2019 05:50 AM
THE BOTTOM LINE

Is the global dollar at risk of being sidelined?

SINCE the end of World War II, the United States dollar has been at the heart of...

PUBLISHED Nov 6, 2019 05:50 AM
COMMENTARY

China and US: Friends or foes?

THE deterioration of US-China relations in recent years has rekindled an old question...

PUBLISHED Nov 6, 2019 05:50 AM

There's a lot we still don't know about Libra

LAST month, Facebook chief executive Mark Zuckerberg spent over five gruelling hours...

PUBLISHED Nov 6, 2019 05:50 AM

BREAKING NEWS

Nov 12, 2019 11:49 AM

Singapore condo resale prices extend climb in October: SRX

RESALE prices for non-landed private residential properties in Singapore continued its rise in October following an...

Nov 12, 2019 11:20 AM

Asia: Markets mixed as dealers await trade news, Hong Kong rises

[HONG KONG] Asian markets were mixed in early trade on Tuesday with investors keeping tabs on the latest...

Nov 12, 2019 11:17 AM

Want to lose money? Run Saudi and Russian crude in an oil refinery

[LONDON] Two of the world's most important grades of crude - Saudi Arabia's Arab Light and Russia's Urals - would...

Nov 12, 2019 11:08 AM

Moody's cuts global sovereign rating outlook to 'negative' for 2020

[LONDON] Rating agency Moody's cut its global sovereign outlook for 2020 to "negative" from "stable" on Monday,...

Nov 12, 2019 11:05 AM

Hong Kong leader Carrie Lam says protesters 'paralysing' the city are selfish

[HONG KONG] Hong Kong's embattled leader Carrie Lam on Tuesday said protesters who are trying to "paralyse" the city...

Nov 12, 2019 11:05 AM

Hyatt to bid for Xenia's US$500m Kimpton portfolio

[NEW YORK] Hyatt Hotels Corp has emerged as a bidder for a portfolio of Kimpton hotels owned by Xenia Hotels &...

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