Wuhan virus: Singapore expands travel advisory, expects economic impact
SINGAPORE has expanded its travel advisory to defer all non-essential travel to mainland China, as p...
PUBLISHED Jan 27, 12:47 PM
Singapore biotech firm Veredus expects to have Wuhan virus test by Feb 1
HOMEGROWN biotech firm Veredus Laboratories on Friday announced it is developing a test for the Wuha...
PUBLISHED Jan 25, 05:50 AM
Sales galleries get more creative to woo buyers
DEVELOPERS in Singapore's private housing market, particularly the high-end segment, have upped the...
PUBLISHED Jan 27, 05:50 AM
Miscommunication resulted in disclosure omission, says Advancer Global
CATALIST-LISTED Advancer Global has pointed to miscommunication as the reason for its failure to dis...
PUBLISHED Jan 27, 08:58 PM
SGX RegCo proposals raise profile of ACRA, SISV
SEVERAL months ago, a major accounting firm refused my request to have one of its key people speak a...
PUBLISHED Jan 27, 05:50 AM
Insolvencies at new high as UK economy takes hit from Brexit
BABY goods retailer Mothercare may have celebrated the opening of two new stores in Singapore last y...
PUBLISHED Jan 27, 05:50 AM
Mary Chia Holdings proposes S$2m private placement of shares
CATALIST-LISTED Mary Chia Holdings is proposing a private placement of up to 26.67 million new ordin...
PUBLISHED Jan 26, 11:14 PM
Fintech startup Currencycloud raises US$80m; to open Singapore office in 2020
[NEW YORK] London-based financial technology startup Currencycloud has raised US$80 million in fundi...
PUBLISHED Jan 27, 08:56 AM
Indonesia central bank to intervene if rupiah becomes too strong: governor
[JAKARTA] Indonesia's central bank will stand ready to intervene in the currency market should the r...
PUBLISHED Jan 27, 02:29 PM
Barramundi Asia mulls IPO amid scale-up plans
BARRAMUNDI Asia started off in 2008 with the aim of making a splash in the fish-farming industry, ev...
PUBLISHED Jan 27, 05:50 AM
Firms in China extend holidays, ask staff to work from home as virus spreads
[SHANGHAI] Big businesses across China are temporarily shutting stores or advising staff to work fro...
PUBLISHED Jan 27, 01:19 PM
Tokyo: Nikkei closes down more than 2% on China virus fears
[TOKYO] Tokyo's benchmark Nikkei index dropped more than 2 per cent Monday on concerns over the pote...
PUBLISHED Jan 27, 02:21 PM
Virus fears become new source of unrest for battered Hong Kong
[HONG KONG] The Hong Kong government halted work to use a housing estate as a possible coronavirus q...
PUBLISHED Jan 27, 10:44 AM
Singapore biotech firm Veredus will have Wuhan virus test ready by Feb 1
HOMEGROWN biotech firm Veredus Laboratories on Friday announced it is developing a test for the Wuha...
PUBLISHED Jan 24, 12:06 PM
SPH Magazines complies with Pofma correction order on false HardwareZone post
[SINGAPORE] SPH Magazines has complied with an order by the Protection from Online Falsehoods and Ma...
PUBLISHED Jan 27, 10:11 AM
Chinese Premier Li visits Wuhan, epicentre of virus outbreak
[BEIJING] Chinese Premier Li Keqiang on Monday visited Wuhan, epicentre of the coronavirus outbreak...
PUBLISHED Jan 27, 11:44 AM
China virus toll spikes despite massive lockdown
[WUHAN] The toll from China's viral epidemic spiked on Monday to 80 dead with hundreds of new infect...
PUBLISHED Jan 27, 10:32 AM
Tokyo: Nikkei opens down more than 2% on China virus fears
[TOKYO] Tokyo's key Nikkei index dropped more than 2 per cent at the open on Monday on concerns over...
PUBLISHED Jan 27, 08:25 AM
China’s financial markets likely to stay shut on extended break
[HONG KONG] China's massive financial markets may remain closed until next Monday after authorities...
PUBLISHED Jan 27, 11:16 AM
Mongolia shuts universities, border crossings to halt virus spread
[SHANGHAI] Mongolia has closed from Monday until March 2 all universities and educational institutes...
PUBLISHED Jan 27, 11:30 AM
Basketball star Kobe Bryant, four others dead in helicopter crash
[NEW YORK] Kobe Bryant, who won five NBA championships with the Los Angeles Lakers and was considere...
PUBLISHED Jan 27, 06:31 AM
Pressures facing the Hang Seng Index
THE Hang Seng Index's modest gains of 9.1 per cent in 2019 were overshadowed by all three major US i...
PUBLISHED Jan 27, 05:50 AM
SoftBank-backed CloudMinds slashes workforce amid cash burn: sources
[TOKYO] SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing it...
PUBLISHED Jan 27, 08:11 AM
US labour market may have peaked: survey
[WASHINGTON] There is an even balance in the share of US businesses reporting decreases and increase...
PUBLISHED Jan 27, 01:44 PM
Vietnam has a booming e-commerce market, but what more can be done?
VIETNAM is the fastest-growing digital economy in the region, in large part due to investment inflow...
PUBLISHED Jan 27, 05:50 AM
China testing HIV drug as treatment for new coronavirus
[BEIJING] China is testing an HIV drug as a treatment for symptoms of the new coronavirus that is ra...
PUBLISHED Jan 27, 06:07 AM
Markets eye Wuhan developments amid earnings, data releases
INVESTORS will need reassurances from the US Federal Reserve and technology companies this week to g...
PUBLISHED Jan 27, 05:50 AM
New China virus 'not as powerful as SARS': health official
[BEIJING] A top Chinese health official said Sunday that a new deadly virus that has infected nearly...
PUBLISHED Jan 26, 09:28 PM
Malaysia confirms first cases of coronavirus infection
[KUALA LUMPUR] Malaysia on Saturday said it had confirmed three cases of coronavirus infection, the...
PUBLISHED Jan 25, 12:02 PM
DBS raises SGX target price to S$9.60, maintains 'buy' call
DBS Group Research has raised its target price for the Singapore Exchange (SGX) to S$9.60, up from S...
PUBLISHED Jan 25, 05:50 AM
Del Monte Pacific enters deal to sell 13% stake in Philippine unit
MAINBOARD-LISTED food and beverage company Del Monte Pacific said it has entered into an agreement f...
PUBLISHED Jan 26, 10:17 PM
Air India bidders must absorb US$3.3b debt to buy carrier
[HONG KONG] Bidders for Air India will need to absorb US$3.26 billion of its debt, as Prime Minister...
PUBLISHED Jan 27, 10:57 AM
Hong Kong protesters torch planned quarantine building
[HONG KONG] A group of protesters set alight on Sunday the lobby of a newly built residential buildi...
PUBLISHED Jan 26, 09:32 PM
Less is sometimes more
THIS WEEK'S TOPIC: Will the move to scrap quarterly reporting lead to a decrease in corporate transp...
PUBLISHED Jan 27, 05:50 AM
Influential aunt of North Korea's Kim Jong Un makes first public appearance in 6 years
[SEOUL] The influential aunt of North Korean leader Kim Jong Un made her first public appearance in...
PUBLISHED Jan 27, 09:26 AM
Kobe Bryant remembered at Grammy Awards hours after his death
[LOS ANGELES] Musicians and performers at the Grammy Awards paid tribute to Kobe Bryant on Sunday at...
PUBLISHED Jan 27, 10:25 AM
Rolexes and cars; Lebanese spend big to prise savings from the bank
[BEIRUT] When she heard Lebanese banks would limit cash withdrawals, Rita, a doctor, rushed out to b...
PUBLISHED Jan 26, 10:19 PM
Fed seen holding rates steadyuntil at least 2022
FEDERAL Reserve policy makers will keep interest rates on hold this year and next, and will wind up...
PUBLISHED Jan 27, 05:50 AM
US$1b solar investment scam toasts husband and wife team
[WASHINGTON] An American couple pleaded guilty to running a US$1 billion solar investment scam that...
PUBLISHED Jan 25, 07:27 AM
Billie Eilish wins song of the year Grammy
[LOS ANGELES] Teen sensation Billie Eilish won the first of the top four prizes at the Grammy Awards...
PUBLISHED Jan 27, 12:19 PM
China's ban on group tours spells fresh turbulence to Thai economy
THAILAND'S economy faces fresh turbulence after China banned outbound group tours to try and limit t...
PUBLISHED Jan 27, 05:50 AM
Japan to arrange charter flight for Japanese in Wuhan as early as Tuesday: media
[TOKYO] Japan is expected to arrange a charter flight as early as Tuesday for any of its citizens wh...
PUBLISHED Jan 27, 11:59 AM
Trump to unveil Middle East peace plan to Israeli leaders this week
[WASHINGTON] US President Donald Trump is expected to disclose details of his long-delayed Middle Ea...
PUBLISHED Jan 27, 01:11 PM
Oil prices skid 2%, extending slide as China virus spreads
[TOKYO] Oil prices slumped a further 2 per cent to multi-month lows on Monday as the rising number o...
PUBLISHED Jan 27, 09:47 AM
Market malaise over Wuhan outbreak to persist
WHILE the Chinese New Year (CNY) holidays make for another shortened week of trading for certain Asi...
PUBLISHED Jan 27, 05:50 AM
Olympics-Tokyo 2020 to power Olympic torch with hydrogen for first time
[TOKYO] Hydrogen will be used for the first time to power the Olympic torch during its journey throu...
PUBLISHED Jan 27, 01:58 PM
China has world's second-largest arms industry, think tank estimates
[STOCKHOLM] Newly available data suggests that China is the world's second-biggest arms producer, be...
PUBLISHED Jan 27, 07:55 AM
Saudi wealth fund in talks to buy Newcastle United
SAUDI Arabia's sovereign wealth fund is in talks to buy English soccer club Newcastle United for abo...
PUBLISHED Jan 27, 05:50 AM
Peak Permian is approaching faster than you think
THE heart of America's oil renaissance is found in the Permian basin, which is showing signs of matu...
PUBLISHED Jan 27, 05:50 AM
US embassy in Baghdad hit in Katyusha rocket attack
[WASHINGTON] Five Katyusha rockets were fired at the fortified Green Zone in Baghdad Sunday night, t...
PUBLISHED Jan 27, 06:44 AM
Del Monte Pacific to sell 13% of Philippine unit for US$130m
MAINBOARD-LISTED food and beverage company Del Monte Pacific said it has entered into an agreement f...
PUBLISHED Jan 27, 05:50 AM
Nancy Drew is dead! Don't worry, Hardy Boys are on the case
THE Hardy Boys stand over Nancy Drew's grave. The beloved teen detective, who has survived countless...
PUBLISHED Jan 27, 05:50 AM
Asia: Markets closed for holiday on Monday
[HONG KONG] Financial markets in China, Hong Kong, Malaysia, Singapore, Sydney, South Korea and Taiw...
PUBLISHED Jan 27, 10:20 AM
Officials confirm five US cases of coronavirus after China travel
[NEW YORK] Five people in the United States, all of whom recently travelled from Wuhan, China, have...
PUBLISHED Jan 27, 05:54 AM
Brexit potentially heralds European division at UN Security Council
[UNITED STATES] In a recent United Nations (UN) Security Council vote on extending cross-border aid...
PUBLISHED Jan 27, 10:03 AM
Trump wanted aid to Ukraine frozen until it helped on probes of political rivals: media
[WASHINGTON] US President Donald Trump told a then-top aide in August he wanted to freeze security a...
PUBLISHED Jan 27, 09:13 AM
India likely to raise import duties on more than 50 items next week
[NEW DELHI] India plans to increase import duties on more than 50 items including electronics, elect...
PUBLISHED Jan 27, 07:30 AM
Singapore food brands stay ahead in rat race
EGG TARTS in cookie form, anyone?
PUBLISHED Jan 27, 05:50 AM
China extends travel curbs to contain spread
THE ability of the new coronavirus to spread is strengthening and infections could continue to rise,...
PUBLISHED Jan 27, 05:50 AM
Saudi energy minister says confident China can contain, eradicate new coronavirus
[DUBAI] Saudi Arabia's energy minister said on Monday the kingdom was closely monitoring development...
PUBLISHED Jan 27, 07:04 AM
US candidate Bloomberg vows to back Israel, takes dig at Sanders
[WASHINGTON] US presidential contender Michael Bloomberg pledged on Sunday to "always have Israel's...
PUBLISHED Jan 27, 08:45 AM
Property activity surges across UK after Dec election
PRIME Minister Boris Johnson's remarkable election victory in December last year has lifted the Lond...
PUBLISHED Jan 27, 05:50 AM
Australia confirms first case of coronavirus as protective masks sell out
[MELBOURNE] Australia confirmed its first case of the new coronavirus on Saturday in Melbourne, with...
PUBLISHED Jan 25, 09:24 AM
China scrambles to contain 'strengthening' virus
[BEIJING] The ability of the new coronavirus to spread is strengthening and infections could continu...
PUBLISHED Jan 26, 09:22 PM
What Brexit? Investors snap up UK assets days before EU split
[LONDON] With five trading days until Britain exits the European Union, investors are showing f...
PUBLISHED Jan 25, 02:18 PM
Broker's take: DBS raises SGX's target price on index firm acquisition
DBS Group Research has maintained its "buy" call on the Singapore Exchange (SGX) while raising its t...
PUBLISHED Jan 24, 11:06 AM
Libya oil closures a 'bullet in the head': central bank governor
LIBYA'S central bank governor Sadiq Al-Kabir called on the international community to help end a wee...
PUBLISHED Jan 27, 05:50 AM
WeWork inks NY office space deal with SoftBank-backed Gympass
[NEW YORK] WeWork has signed a deal to provide space to 250 employees of gym membership app company...
PUBLISHED Jan 27, 06:53 AM
Danish banks head into darkest phase of Nordic negative-rate cycle
IF YOU want to know what long-term negative interest rates are doing to banks, watch Denmark in the...
PUBLISHED Jan 27, 05:50 AM
Your data, my business: Why data privacy is especially hazardous for startups
HOW do you add contacts into your smartphone? Do you fill in a name and phone number and be done wit...
PUBLISHED Jan 25, 05:50 AM
Boeing's 777X jetliner successfully completes its maiden flight
BOEING Co successfully staged the first flight of the world's largest twin-engined jetliner on Satur...
PUBLISHED Jan 27, 05:50 AM
Buybacks, filings start to moderate as earnings season begins
FOR the five trading sessions spanning Jan 17 to Jan 23, the Straits Times Index (STI) declined 1.3...
PUBLISHED Jan 27, 05:50 AM
UK unveils new visa scheme for scientists after Brexit
[LONDON] Britain on Sunday announced a new fast-track visa scheme for top scientists, researchers an...
PUBLISHED Jan 27, 07:40 AM
Arenas of gold: Tokyo venues that will forge Olympic dreams
WITH six months until the opening ceremony for the Tokyo 2020 Olympic Games, workers are putting the...
PUBLISHED Jan 27, 05:50 AM
Trump increases tariffs on derivative steel, aluminium products from some countries
[WASHINGTON] US President Donald Trump on Friday signed a proclamation increasing tariffs on derivat...
PUBLISHED Jan 25, 11:19 AM
PM Lee says Hong Kong's leaders must act on grievances
[HONG KONG] Prime Minister Lee Hsien Loong says the "one country, two systems" principle that govern...
PUBLISHED Jan 24, 10:49 AM
Spyware trade grows amid claims activists, Amazon boss targeted
THE alleged theft of data from the iPhone X used by billionaire Jeff Bezos has cast an unflattering...
PUBLISHED Jan 27, 05:50 AM
UK pension fund to firms, asset managers: tackle climate or we'll drop you
[LONDON] Companies and asset managers must show progress towards climate goals by 2022, Brunel Pensi...
PUBLISHED Jan 27, 08:35 AM
High business costs, inefficient schemes hamper key UK sectors
THE UK business environment has been particularly tough in sectors such as retail, casual dining and...
PUBLISHED Jan 27, 05:50 AM
Singapore confirms 2 more Wuhan virus cases, bringing total to three infected
[SINGAPORE] Another two people here have been confirmed to have the Wuhan virus, bringing the total...
PUBLISHED Jan 24, 03:38 PM
US presidential hopefuls Sanders, Biden in tight race in early primary states
[FORT DODGE] US Senator Bernie Sanders and former Vice President Joe Biden appear locked in a tight...
PUBLISHED Jan 27, 07:15 AM
Money FM podcast: Ang bao rates: Does it really matter?
This Lunar New Year, the humble ang bao has evolved-digitally. Jeremy Soo, head of Consumer Ban...
PUBLISHED Jan 27, 05:50 AM
ECB new chief Lagarde sets out to charm eurozone leader Germany
EVER since she moved to Frankfurt as European Central Bank (ECB) president three months ago, Christi...
PUBLISHED Jan 27, 05:50 AM
85,000 pieces in New York's beloved Chinatown museum likely destroyed in fire
[NEW YORK] The 85,000 items, some dating to the 19th century, told the rich story of the Chinese mig...
PUBLISHED Jan 25, 01:41 PM
In for the long haul
JEAN-MARC Chery is back in his old seat in Singapore after more than a decade. The 59-year-old presi...
PUBLISHED Jan 25, 05:50 AM
Protest violence won't work, leading Hong Kong activist says
[BARCELONA] Escalating protest violence is not the way to bring about change, Hong Kong democra...
PUBLISHED Jan 25, 10:59 AM
Baltic Exchange Shipping Insights
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352...
PUBLISHED Jan 27, 05:50 AM
Deutsche Bank and Singapore hedge fund double down on Indian shadow lender's debt
[MUMBAI] Deutsche Bank and a Singapore-based hedge fund bought more debt of an embattled Indian shad...
PUBLISHED Jan 24, 12:42 PM
Consumers get nothing from Google's 'Wi-Spy' accord, 9 states say
ATTORNEYS-GENERAL from nine states urged a federal judge to toss out Google's US$13 million settleme...
PUBLISHED Jan 27, 05:50 AM
China shuts down 13 cities as virus toll climbs
[WUHAN] Chinese authorities rapidly expanded a mammoth quarantine effort aimed at containing a deadl...
PUBLISHED Jan 25, 06:31 AM
Starbucks shuts shops, suspends delivery in China's Hubei amid virus outbreak
[BEIJING] Starbucks has closed all shops and suspended delivery services in China's Hubei province f...
PUBLISHED Jan 25, 01:37 PM
After Brexit-settling election, UK firms see business bounce
[LUTON, England] At Bruderer UK, a small firm selling metal-stamping machines from an industrial est...
PUBLISHED Jan 26, 10:09 PM
Malaysian rights group sues Singapore minister over 'fake news' directive
[KUALA LUMPUR] A Malaysian rights group filed a suit in a domestic court against a Singapore ministe...
PUBLISHED Jan 24, 05:43 PM
Billie Eilish wins first Grammy, for Best Pop Vocal Album
[LOS ANGELES] Billie Eilish, a goth-leaning artist whose innovative pop-rock-trap sound has won her...
PUBLISHED Jan 27, 09:04 AM
Fighting the spread of disease with the spread of information
AMID tepid optimism following the preliminary China-US Phase One trade deal, concern in the region h...
PUBLISHED Jan 25, 05:50 AM
Outbreak could catalyse China's smart city innovation
THE metropolis of Wuhan, with a population of 11 million, is under unprecedented quarantine as a dea...
PUBLISHED Jan 25, 05:50 AM
Rohingya refugee writers dial into Myanmar poetry slam
DIVIDED by hatred but united over the written word, Rohingya Muslim poets in Bangladeshi refugee cam...
PUBLISHED Jan 27, 05:50 AM
Greenback dips versus yen
THE US dollar slipped against the safe-haven Japanese yen on Friday as investors fretted over concer...
PUBLISHED Jan 27, 05:50 AM
Bugatti touts green ambitions while storming full speed ahead
SUPERCAR manufacturer Bugatti, fresh off one of its best years, wants the world to know it has taken...
PUBLISHED Jan 27, 05:50 AM
Trump defence team lobs Democrats' charges back on them
US President Donald Trump's legal defence team mounted an aggressive offence on Saturday as it opene...
PUBLISHED Jan 27, 05:50 AM
Lockdown casts cloud over China's Chicago
WUHAN'S status as a transport and manufacturing hub have fuelled its economic rise and drawn compari...
PUBLISHED Jan 25, 05:50 AM
Singapore schools ask for holiday travel details as China virus spreads
[SINGAPORE] Schools in Singapore, where the first case of a coronavirus was confirmed on Thursday, a...
PUBLISHED Jan 24, 10:56 AM
Plunging penny stocks stir up mutual fund crisis in Indonesia
A CRISIS of confidence is brewing in Indonesia's mutual fund industry after some asset managers crea...
PUBLISHED Jan 25, 05:50 AM
UAE tech ambitions tarnished by internet restrictions
WITH its ultra-modern infrastructure and hyper-connected services, the United Arab Emirates is an em...
PUBLISHED Jan 27, 05:50 AM
SGD bond market: Look before leaping in 2020
THE S$170 billion SGD bond market (excluding government bonds) performed firmly in 2019. Total new i...
PUBLISHED Jan 25, 05:50 AM
Rivian CEO says electric-truck startup to make Ford platform
RIVIAN Automotive, the electric-truck startup backed by Amazon.com and Ford Motor, will provide the...
PUBLISHED Jan 27, 05:50 AM
US: Stocks drop as coronavirus hits tourism shares
[NEW YORK] Wall Street stocks tumbled Friday as news of additional coronavirus cases offset some pos...
PUBLISHED Jan 25, 06:10 AM
China building 1,000-bed hospital over the weekend to treat coronavirus
[BEIJING] The Chinese city of Wuhan is rapidly building a new 1,000-bed hospital to treat victims of...
PUBLISHED Jan 24, 11:25 AM
China virus death toll rises to 41, more than 1,300 infected worldwide
[BEIJING] The official death toll from the coronavirus in China jumped on Saturday to 41 from 26 a d...
PUBLISHED Jan 25, 11:45 AM
Thailand confirms fifth case of Wuhan virus
[BANGKOK] Thailand on Friday confirmed its fifth case of the new coronavirus, a senior public health...
PUBLISHED Jan 24, 06:45 PM
Another city near China virus epicentre halts public transport
[BEIJING] A seventh city near the epicentre of China's virus outbreak halted public transport on Fri...
PUBLISHED Jan 24, 11:05 AM
Margo Lion, producer of Hairspray and more, dies at 75
MARGO Lion, a theatre producer who was largely responsible for bringing Jelly's Last Jam and Hairspr...
PUBLISHED Jan 27, 05:50 AM
Aetna International rolls out DNA testing as part of group benefits
UNTIL just a few years ago, DNA tests were closely associated with paternity tests or criminal inves...
PUBLISHED Jan 25, 05:50 AM
Boeing seeks up to US$12b in loans to ease liquidity needs
[NEW YORK] Airplane manufacturer Boeing Co is in talks with banks to obtain up to US$12 billion in l...
PUBLISHED Jan 25, 08:26 AM
How Jeff Bezos' iPhone X was hacked
ON THE the afternoon of May 1, 2018, Jeff Bezos received a message on WhatsApp from an account belon...
PUBLISHED Jan 25, 05:50 AM
Two more confirmed to have Wuhan virus, bringing Singapore total to three
ANOTHER two people here have been confirmed to have the Wuhan virus, bringing the total to three, th...
PUBLISHED Jan 25, 05:50 AM
Renault, Nissan chief engineers to meet, revive R&D projects
[PARIS] Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sourc...
PUBLISHED Jan 26, 10:13 PM
Nepal reports South Asia's first confirmed case of deadly virus
[KATHMANDU] Health authorities in Nepal on Friday confirmed that a student who returned from Wu...
PUBLISHED Jan 25, 08:08 AM
JPMorgan CEO Jamie Dimon gets US$31.5m for bank's knockout year
[NEW YORK] JPMorgan Chase & Co awarded its chief executive officer (CEO) Jamie Dimon US$31....
PUBLISHED Jan 24, 10:27 AM
Singapore December factory output decline moderates to 0.7%
SINGAPORE'S factory output fell 0.7 per cent year-on-year in December, moderating from November's re...
PUBLISHED Jan 25, 05:50 AM
Singapore factory output down 0.7% in Dec, posts full-year fall of 1.4%
SINGAPORE'S factory output ended 2019 on a predictably weak note with a 0.7 per cent year-on-year de...
PUBLISHED Jan 24, 01:01 PM
Hong Kong's leaders must act on grievances: PM
THE "one country, two systems" principle that governs Hong Kong may not last unless the government m...
PUBLISHED Jan 25, 05:50 AM
Soho House ex-backer bets on millennials with new fund
[LONDON] Active Partners Investments, a former backer of private members' club Soho House, has raise...
PUBLISHED Jan 25, 10:00 AM
Lian Beng proposes S$9.4m exit from loss-making UEP
LIAN Beng Group is looking to dispose of its 40 per cent stake in asphalt premix manufacturer United...
PUBLISHED Jan 25, 05:50 AM
Singapore shares up on Friday, drop 1.3% on the week
THE STI made steady gains across the session to finish at 3,240.02, adding 5.46 points or 0.2 per ce...
PUBLISHED Jan 24, 02:11 PM
Asia's service sectors 'most vulnerable if outbreak escalates'
SERVICE sector activity in Asia, especially tourism-related fields, would be the most vulnerable sho...
PUBLISHED Jan 25, 05:50 AM
South Korea confirms second coronavirus case
[SEOUL] South Korea on Friday confirmed its second case of the SARS-like virus that has killed at le...
PUBLISHED Jan 24, 12:12 PM
Scientists to search for relatives of extinct Galapagos tortoises
[QUITO] A scientific expedition to the Galapagos Islands will spend 10 days searching for relatives...
PUBLISHED Jan 25, 01:27 PM
Rich Capital gets new legal demand from Batam project partner
RICH Capital has received another legal letter via a law firm appointed by Karya Indo Batam (KIB), d...
PUBLISHED Jan 24, 03:37 PM
Indian government to end 5-month Internet blackout in restive Kashmir
[SRINAGAR] Internet services will be partly restored in Indian Kashmir from Saturday, ending a...
PUBLISHED Jan 25, 01:44 PM
UK to use high tariff threat to raise pressure in trade negotiations: The Times
[BENGALURU] British Prime Minister Boris Johnson is mulling to use the threat of high tariffs to rai...
PUBLISHED Jan 25, 09:45 AM
Singapore's rebound in 2020 depends on global risks not erupting: PM
PRIME Minister Lee Hsien Loong said Singapore's economy could improve in 2020 only if any number of...
PUBLISHED Jan 25, 05:50 AM
China's theatres, studios protest against deal to stream movie online for free
[BEIJING] Chinese theatres and film studios are protesting a deal by Huanxi Media Group to premiere...
PUBLISHED Jan 25, 12:00 PM
Wuhan virus fears send STI to its first weekly loss of the year
UNDERSTANDABLY, the focal point of market talk this week was on the spread of the Wuhan coronavirus...
PUBLISHED Jan 25, 05:50 AM
Most fund managers optimistic about global growth, downgrade recession risk: survey
THE majority of fund managers are optimistic about emerging and other equities and economies, accord...
PUBLISHED Jan 25, 05:50 AM
No qualms for India's hangman before first job of executing rapists
[MEERUT] Pawan Kumar feels zero sympathy for the four men he is due to hang next month for a 2012 ga...
PUBLISHED Jan 24, 06:03 PM
Simon Property, Authentic Brands consider buying bankrupt Forever 21
[NEW YORK] Mall owner Simon Property Group is considering a bid to buy Forever 21, the bankrupt...
PUBLISHED Jan 25, 09:30 AM
Kpop band BTS's microphones fetch US$83,200 at auction
[LOS ANGELES] Seven microphones used on tour by South Korean pop band BTS have sold for US$83,200 at...
PUBLISHED Jan 25, 10:00 AM
Australia mourns US firefighters as probe into plane crash begins
[MELBOURNE] Firefighters in Australia held a minute's silence on Friday for three US colleagues...
PUBLISHED Jan 24, 11:51 AM
Snacks are not to be sniffed at
DID you know that each of us here in Singapore munches through 3.1 kg of snacks every year? That's r...
PUBLISHED Jan 25, 05:50 AM
Buyout firm taps US$6b for shale drilling as buyers walk
[HOUSTON] EnCap Investments plans to use a US$6 billion war chest to drill oil and natural gas...
PUBLISHED Jan 25, 09:22 AM
Tiger Global raises US$3.75b for 12th venture fund
[NEW YORK] For the second time, Tiger Global Management has raised US$3.75 billion for a venture fun...
PUBLISHED Jan 25, 08:40 AM
Three coronavirus cases confirmed in France, first in Europe
[PARIS] Three cases of the coronavirus have been "confirmed" in France, the first in Europe, officia...
PUBLISHED Jan 25, 06:23 AM
PUBLISHED Jan 25, 05:50 AM
For traders who spoofed market years ago, a new ruling spells trouble
US prosecutors are starting to build cases against traders suspected of manipulating markets as long...
PUBLISHED Jan 25, 05:50 AM
Developers offload new London properties, sending Q4 sales up
SALES of new London apartments accelerated in the final quarter of 2019 as developers offloaded prop...
PUBLISHED Jan 25, 05:50 AM
15 on trial for robbing Morocco king of luxury watches
[RABAT] Fifteen people went on trial in the Moroccan capital on Friday over the theft of dozens of l...
PUBLISHED Jan 25, 06:36 AM
Accountancy sector sees 5% growth in 2020
THE accountancy sector expects revenue growth of 5 per cent in 2020, based on a national census of r...
PUBLISHED Jan 25, 05:50 AM
In Hong Kong, choosing restaurants has become a political act
[HONG KONG] In deciding where to dine out in Hong Kong these days, many local residents are turning...
PUBLISHED Jan 24, 11:17 AM
The asymmetry of 'open banking'
OPEN banking, as defined by openbanking.org.uk, is the secure way to give providers access to your f...
PUBLISHED Jan 25, 05:50 AM
Daily Debrief: What Happened Today
Stories you might have missed
PUBLISHED Jan 24, 06:30 PM
CEO of bankrupt Purdue Pharma to get US$1.3m bonus
[NEW YORK] Craig Landau, chief executive officer of bankrupt opioid maker Purdue Pharma, will g...
PUBLISHED Jan 25, 08:33 AM
Weinstein drew up 'red flag list' of women, rape trial told
[NEW YORK] Harvey Weinstein instructed a private investigator to probe women that he suspected were...
PUBLISHED Jan 25, 07:24 AM
Malaysia's lower voting age could benefit BN, PAS
The lowered voting age in Malaysia could benefit the country's two biggest Malay Muslim political pa...
PUBLISHED Jan 24, 01:58 PM
Gold steadies as markets turn defensive
MARKETS remained on edge as painful memories of the Severe Acute Respiratory Syndrome (SARS) resurfa...
PUBLISHED Jan 25, 05:50 AM
Market gyrations present good opportunities to invest more
IT'S easy to get caught up and be affected by market noise - noise that you see or hear on the TV an...
PUBLISHED Jan 25, 05:50 AM
UN court's order on Rohingya is cheered, but will Myanmar comply?
[BANGKOK] The surprisingly strong ruling against Myanmar by the United Nations' (UN) top court this...
PUBLISHED Jan 25, 09:01 AM
FairPrice staff help raise S$50,000 for two funds
NTUC FairPrice has made a donation of S$50,000 to two charities, with the amount split evenly betwee...
PUBLISHED Jan 25, 05:50 AM
Singapore stocks muted ahead of Chinese New Year; STI opens 0.02% higher
SINGAPORE shares were little changed on Friday morning, after the Republic confirmed its first case...
PUBLISHED Jan 24, 09:32 AM
Property taxes Middle-East, North Africa's low-hanging fruit
UNDER increasing pressure from restive populations that are demanding economic opportunity and socia...
PUBLISHED Jan 25, 05:50 AM
If King Tut could text ...
THE sleek figures, kohl-rimmed eyes and offerings to the gods etched on ancient Egypt's temples and...
PUBLISHED Jan 25, 05:50 AM
Boeing could again cut production on 787 plane: source
[NEW YORK] Boeing, still in crisis mode due to the grounding of the 737 MAX, is considering further...
PUBLISHED Jan 25, 06:39 AM
Russia invites Nato members to take part in war games
[MOSCOW] Russia's defence minister said Friday it is sending out invitations to North Atlantic Treat...
PUBLISHED Jan 25, 06:34 AM
How fashion uses greenwashing to hide its dirty secrets
[PARIS] Paris fashion fortnight began last week with an apocalyptic warning.
PUBLISHED Jan 24, 11:27 AM
I went back through my old e-mails - It was glorious
I CAN'T say it was completely unexpected when it first appeared, but it was a shock to the senses no...
PUBLISHED Jan 25, 05:50 AM
Bitcoin slumps in wake of CNY slowdown warning
BITCOIN traders appear to be heeding a warning of a demand slowdown ahead of Chinese New Year.
PUBLISHED Jan 25, 05:50 AM
Gold eases after WHO says China virus not a global emergency
[BENGALURU] Gold inched lower on Friday as investors opted for riskier assets after the World Health...
PUBLISHED Jan 24, 10:29 AM
Mexican model with no arms challenges perceptions of beauty
[COATZACOALCOS] Born without arms, Mexican model Ana Gabriela Molina wants to challenge traditional...
PUBLISHED Jan 25, 08:57 AM
Twists on tradition
GET into the Lunar New Year spirit with the Chinese-inflected tipples at Mitzo Restaurant & Bar...
PUBLISHED Jan 25, 05:50 AM
Corporate digest
MAINBOARD-LISTED construction player Koh Brothers Group posted a 29 per cent rise in net profit to S...
PUBLISHED Jan 25, 05:50 AM
Lion Air to launch pre-marketing for Indonesia IPO next week
[SINGAPORE] Indonesian carrier Lion Air will launch a pre-deal investor education roadshow from Jan...
PUBLISHED Jan 24, 11:30 AM
Everyone's trying to reinvent the PC, but why?
CALL me old-fashioned, but the idea of a foldable laptop holds little appeal for me. At CES, we saw...
PUBLISHED Jan 25, 05:50 AM
FAA tells US airlines it could approve MAX return to service before mid-year
[WASHINGTON] Federal Aviation Administrator Steve Dickson called senior US airline officials on Frid...
PUBLISHED Jan 25, 08:30 AM
London police to launch facial recognition operations
[LONDON] Britain's biggest police force said on Friday it will begin to conduct live facial recognit...
PUBLISHED Jan 25, 06:26 AM
ARA H-Trust sets up S$800m debt issuance programme
ARA US Hospitality Trust (ARA H-Trust) has established an S$800 million multicurrency stapled debt i...
PUBLISHED Jan 25, 05:50 AM
German media giant Axel Springer quits stock exchange
[BERLIN] German media giant Axel Springer announced Friday that it would begin delisting from the Fr...
PUBLISHED Jan 25, 07:20 AM
Oregon Shakespeare Festival hires a resident intimacy director
[OREGON] Just a few years ago, intimacy direction was such a new practice in the theatre that hiring...
PUBLISHED Jan 25, 01:25 PM
Japan's tame inflation expected to pressure BOJ to keep ultra-easy policy
JAPAN'S core consumer prices rose in December from a year earlier, data showed on Friday, nudging up...
PUBLISHED Jan 25, 05:50 AM
Indonesia's Bank Mandiri plans up to US$1.25b in global bonds in 2020
[JAKARTA] Indonesia's Bank Mandiri is planning to raise as much as US$1.25 billion through global bo...
PUBLISHED Jan 24, 02:12 PM
Oil: Brent logs worst weekly loss in a year as China virus fears swell
[NEW YORK] Crude prices sank more than 2 per cent on Friday and Brent logged its biggest weekly decl...
PUBLISHED Jan 25, 06:08 AM
Asia: Stocks mixed amid ongoing virus concern
[SYDNEY] Asian stocks were mixed as investors mulled updates on the deadly coronavirus outbreak. Oil...
PUBLISHED Jan 24, 11:53 AM
UK clears 14 tested for China virus
[LONDON] Everyone tested in Britain for a deadly virus that has infected hundreds in China have been...
PUBLISHED Jan 25, 06:25 AM
Europe: Shares jump as positive PMI paints rosier picture
[BENGALURU] European shares rose on Friday, their first positive session of the week, as better-than...
PUBLISHED Jan 25, 06:06 AM
Grammys set to honour music's best, but scandal overshadows gala
[LOS ANGELES] Los Angeles is gearing up for the Grammys, music's marquee night, with Lizzo, Billie E...
PUBLISHED Jan 24, 11:33 AM
Hong Kong: Stocks end higher in half day trade ahead of Chinese New Year holiday
[HONG KONG] Hong Kong stocks ended slightly firmer in half-day trade on Friday with most participant...
PUBLISHED Jan 24, 02:09 PM
US says its producers harmed by some structural steel imports
[WASHINGTON] The US government said on Friday domestic producers of fabricated structural steel were...
PUBLISHED Jan 25, 08:09 AM
Euro near 7-week low after ECB holds rates steady; virus fears support yen
[TOKYO] The euro hovered near a seven-week low against the dollar on Friday after the European Centr...
PUBLISHED Jan 24, 10:49 AM
World Golf Group says it wants to work with established tours
[SAN DIEGO] A group trying to organise a new circuit of lucrative global golf tournaments said on Fr...
PUBLISHED Jan 25, 11:35 AM
Saudi Arabia denies case of coronavirus infection
[RIYADH] A Saudi health ministry affiliate said on Thursday there were no cases of coronavirus in th...
PUBLISHED Jan 24, 10:39 AM
Cirque du Soleil cancels shows in China over coronavirus
[MONTREAL] The iconic Canadian acrobatic troupe Cirque du Soleil announced Thursday that its shows i...
PUBLISHED Jan 24, 11:04 AM
US to unveil crackdown on counterfeit, pirated e-commerce goods
[WASHINGTON] The Trump administration plans to unveil efforts on Friday to crack down on counterfeit...
PUBLISHED Jan 24, 10:35 AM
Powerful earthquake jolts eastern Turkey, killing 18
[ELAZIG] A powerful earthquake struck eastern Turkey on Friday, killing at least 18 people and colla...
PUBLISHED Jan 25, 07:33 AM
Tokyo: Nikkei closes higher as Wall St stabilises
[TOKYO] Tokyo's benchmark Nikkei index closed marginally higher on Friday, propped up by a calm sess...
PUBLISHED Jan 24, 02:24 PM
EU chiefs sign Brexit deal ahead of parliamentary vote
[BRUSSELS] Brussels' two top officials, the presidents of the European Commission and the European C...
PUBLISHED Jan 24, 04:49 PM
Europe: Stocks rebound at open
[LONDON] Europe's main equity markets rebounded strongly at the open on Friday, after Asian indices...
PUBLISHED Jan 24, 04:47 PM
Euro zone economy remains weak in new year but some signs of hope
[LONDON] Euro zone business activity remained weak at the start of the year, a survey showed a day a...
PUBLISHED Jan 24, 05:22 PM
Malaysia: Shares close lower on Friday
MALAYSIA share prices closed lower on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Ind...
PUBLISHED Jan 24, 02:23 PM
Tokyo: Stocks erase gains as China virus fears offset tech earnings hopes
[TOKYO] Japanese shares gave up early gains on Friday to trade little changed as fears over a rising...
PUBLISHED Jan 24, 11:15 AM
Hong Kong: Stocks flat after week of virus jitters
[HONG KONG] Hong Kong shares were flat in Friday's opening trade as the market stabilised following...
PUBLISHED Jan 24, 10:53 AM
Australia: Shares gain amid China virus fears
[BENGALURU] Australian shares rose nearly half a per cent on Friday on the back of financials, while...
PUBLISHED Jan 24, 10:56 AM
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