Thursday, Nov 07, 2019

TOP STORIES

Green drive will hit fossil-linked assets; banks need to get ready

AS climate change takes its toll, banks will face the value deterioration in certain...

PUBLISHED Nov 7, 2019 05:50 AM
BT EXCLUSIVE: STARTUPS

Carro eyes digibank licence as vehicle to expand into SME loans

WITH its auto financing business already revving up profits - used car marketplace...

PUBLISHED Nov 7, 2019 05:50 AM

The latest buzzword for the burnt out

LIKE any professional, there comes a time when you get so burned out that you can't...

PUBLISHED Nov 7, 2019 05:50 AM
NEWS ANALYSIS

Singapore and Hong Kong not a zero-sum game

SIGNS continue to mount that Singapore stands to be a beneficiary from Hong Kong's...

PUBLISHED Nov 7, 2019 05:50 AM

Trafigura pilots US$20m trade on Singapore blockchain platform

A NEW blockchain platform meant to tackle the perennial problems behind the trillion-...

PUBLISHED Nov 7, 2019 05:50 AM

Firms dangle double-digit pay hikes for tech talent

SINGAPORE tech talents - including those in non-technology industries - continue to...

PUBLISHED Nov 7, 2019 05:50 AM

Tembusu Partners fund to invest in China baijiu development

CHINA's fiery Moutai baijiu, distilled from red sorghum grain, has been on investors'...

PUBLISHED Nov 7, 2019 05:50 AM
OPINION

When financial services sneeze, rest of the economy catches a cold

THERE is an old colloquialism in business that "when financial services sneeze, the...

PUBLISHED Nov 7, 2019 05:50 AM

All COEs tumble except for motorbike category

CERTIFICATES of entitlement (COE) ended mostly lower at the latest tender on Wednesday...

PUBLISHED Nov 7, 2019 05:50 AM

COMPANIES & MARKETS

Asian boards lack diversity due to closed network of members

BOARDS in Asia lack diversity on multiple fronts - gender, ethnicity, skills,...

PUBLISHED Nov 7, 2019 05:50 AM

Citic Envirotech parent to offer S$0.55 a share to take company private

THE majority owner of mainboard-listed Citic Envirotech plans to take the water...

PUBLISHED Nov 7, 2019 05:50 AM
HOCK LOCK SIEW

Eagle Hospitality Trust's saga raises question mark over adequacy of IPO disclosure rules

THERE is always an element of opportunism to initial public offerings (IPOs). It's...

PUBLISHED Nov 7, 2019 05:50 AM

KrisFlyer, KrisShop big part of SIA's growth story

SINGAPORE Airlines (SIA) appears to be making waves in the non-core airline business...

PUBLISHED Nov 7, 2019 05:50 AM

Jardine C&C underlying earnings fall by 20.7% in Q3

REGIONAL auto dealer Jardine Cycle & Carriage (Jardine C&C) saw its third-...

PUBLISHED Nov 7, 2019 05:50 AM

First Reit keeps Q3 DPU steady at 2.15 cents

HEALTHCARE real estate investment trust First Reit will pay out a distribution per...

PUBLISHED Nov 7, 2019 05:50 AM

FLT's DPU may be up or down, depending on choice of currency payout

FRASERS Logistics and Industrial Trust's (FLT) distribution per unit (DPU) rose 2.2...

PUBLISHED Nov 7, 2019 05:50 AM

ARA H-Trust to buy three US hotels for US$84.5m

ARA US Hospitality Trust (ARA H-Trust) will acquire three Marriott-branded upscale...

PUBLISHED Nov 7, 2019 05:50 AM

SingHaiyi sinks into the red with Q2 net loss of S$4.6m

PROPERTY developer SingHaiyi Group has swung to a net loss of S$4.6 million for its...

PUBLISHED Nov 7, 2019 05:50 AM

Corporate digest

CATALIST-LISTED building solutions provider Libra Group, which suspended trading in...

PUBLISHED Nov 7, 2019 05:50 AM
STOCKS

Singapore market bucks regional trend to rise

MOST stock markets in the region traded flat or lower on Wednesday as investors waited...

PUBLISHED Nov 7, 2019 05:50 AM
CURRENCIES

Dollar drifts lower as US-China trade talks outcome awaits

THE dollar drifted lower against other major currencies on Wednesday as investors...

PUBLISHED Nov 7, 2019 05:50 AM

REAL ESTATE

Younger, older HDB resale flats see slower price decline in Q3

THE price slide of both younger and older flats slowed in the third quarter compared...

PUBLISHED Nov 7, 2019 05:50 AM

New Bridge Rd shophouse up for sale at S$19.5m

A PRIME four-storey conservation shophouse at 21 New Bridge Road has been launched for...

PUBLISHED Nov 7, 2019 05:50 AM

Australia's housing market take-off not helping economy

AUSTRALIA'S property market is taking off again, but with few positive economic...

PUBLISHED Nov 7, 2019 05:50 AM

BANKING & FINANCE

Thailand cuts interest rate to record low to rein in surging baht

THE Bank of Thailand cut its benchmark interest rate for the second time in three...

PUBLISHED Nov 7, 2019 05:50 AM

Hong Kong watchdog publishes new crypto exchange regulations

HONG KONG'S financial regulator published new rules on Wednesday that would allow...

PUBLISHED Nov 7, 2019 05:50 AM

Alipay, WeChat Pay open apps to foreigners visiting China

CHINESE payments giants Alipay and WeChat Pay, long a source of worry among...

PUBLISHED Nov 7, 2019 05:50 AM

TECHNOLOGY

Huawei forecasts robust smartphone growth despite Trump's ban

HUAWEI Technologies Co expects smartphone shipments to grow 20 per cent next year even...

PUBLISHED Nov 7, 2019 05:50 AM

CONSUMER

M&S turnaround efforts starting to take effect, with October sales up 2.7%

MARKS & Spencer Group Plc's efforts to turn around its troubled clothing business...

PUBLISHED Nov 7, 2019 05:50 AM
COMMENTARY

France's King of Bling has US$20b to play with

LIKE expensive gems, luxury goods companies have scarcity value. If Bernard Arnault's...

PUBLISHED Nov 7, 2019 05:50 AM

TRANSPORT

BMW's higher margin SUV sales help drive 33% profit rise in Q3

BMW's third-quarter operating profit rose 33 per cent on stronger sales of sports...

PUBLISHED Nov 7, 2019 05:50 AM

Tesla gears up to expand after-sales network in China

TESLA Inc plans to double the number of repair and maintenance shops, add about 100...

PUBLISHED Nov 7, 2019 05:50 AM

Boeing sees India as fastest- growing market

INDIA will be the world's fastest-growing aviation market over the next two decades,...

PUBLISHED Nov 7, 2019 05:50 AM

Inside the high-stakes race to build the world's first flying taxi

INSIDE an airplane hangar about 20 miles from central Munich, Daniel Wiegand lifted...

PUBLISHED Nov 7, 2019 05:50 AM

Self-driving Uber in crash not equipped to recognise jaywalkers

UBER Technologies Inc.'s self-driving test car that struck and killed a pedestrian...

PUBLISHED Nov 7, 2019 05:50 AM

GOVERNMENT & ECONOMY

Macron, Xi pledge to uphold free trade and build an open global economy

CHINA and France vowed to uphold multilateralism and free trade and build an open...

PUBLISHED Nov 7, 2019 05:50 AM

Joko Widodo urges bankers to help stimulate economy

INDONESIAN President Joko Widodo on Wednesday urged bank executives to help stimulate...

PUBLISHED Nov 7, 2019 05:50 AM

Boris Johnson begins election battle

BRITISH Prime Minister Boris Johnson kicked off his election campaign on Wednesday...

PUBLISHED Nov 7, 2019 05:50 AM

HK stabbing in broad daylight raises election safety questions

HONG KONG has been gripped for almost five months by protests demanding greater...

PUBLISHED Nov 7, 2019 05:50 AM

LIFE & CULTURE

GIVING BACK

Putting their heads together to think green

WHEN most 11-year-olds were out having fun on Fridays and their holidays, Jeanieve Lim...

PUBLISHED Nov 7, 2019 05:50 AM

Indonesian artist wins UOB SE Asian Painting of the Year

UNITED Overseas Bank (UOB) has conferred the 2019 UOB Southeast Asian Painting of the...

PUBLISHED Nov 7, 2019 05:50 AM

Vienna orchestra celebrates 50th birthday with new woman conductor

VIENNA'S ORF Radio Symphony Orchestra marks its 50th anniversary with a special...

PUBLISHED Nov 7, 2019 05:50 AM

OPINION

EDITORIAL

US credibility in jeopardy under Trump administration

DURING the Cuban missile crisis of October 1962, when he was ready to announce a naval...

PUBLISHED Nov 7, 2019 05:50 AM

Responding to the New Cold War

TENSIONS between China and the United States have escalated rapidly in recent weeks....

PUBLISHED Nov 7, 2019 05:50 AM
THE BOTTOM LINE

The case for international civil servants

THE notion of an "international" civil service goes back a century, to the...

PUBLISHED Nov 7, 2019 05:50 AM

New Euro leaders face familiar fault-lines

CHRISTINE Lagarde urged Europe on Tuesday not to "allow self-doubt to drag us down" in...

PUBLISHED Nov 7, 2019 05:50 AM
COMMENTARY

It's time to reinvent your financial advisory business

BEING a financial adviser or private wealth manager today is challenging. A Forbes...

PUBLISHED Nov 7, 2019 05:50 AM

We need to admit the euro was a mistake

THE time has come to seek a way out of the euro trap. There is a harmful dogma that...

PUBLISHED Nov 7, 2019 05:50 AM

BREAKING NEWS

Nov 12, 2019 12:08 PM

London pupils shine through Steve McQueen's new artwork

[LONDON] Sitting alongside their teachers, their faces full of hope, mischief and occasional boredom, thousands of...

Nov 12, 2019 11:59 AM

Singapore beats out Hong Kong for property investment prospects

[SINGAPORE] The fortunes of two of Asia's hottest property markets are diverging.

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...

UPDATED 5 min ago
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,...

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