Primed to party
IT IS less than two weeks to Christmas, a bit too late to lose a kilo or two in anticipation of all...
PUBLISHED Dec 07, 05:50 AM
Double Christmas
SIBLING RIVALRY is a non-issue for the Chia family. In fact, Brandon Chia and his younger sister Su-...
PUBLISHED Dec 06, 05:50 AM
Banana taped to a wall sells for US$120,000 at Miami art fair
[NEW YORK] Sales zipped ahead during the early hours of the VIP opening at this week's Art Base...
PUBLISHED Dec 07, 01:15 PM
The magnificent seven that beat red hot S-Reits in 2019
SEVEN popular Singapore-listed technology companies beat the top S-Reit performer in returns this ye...
PUBLISHED Dec 07, 05:50 AM
Singapore keeps building until the buyers come
[HONG KONG] You'll build and they'll come? Well, don't bet on it.
PUBLISHED Dec 06, 07:47 AM
Commercial, residential buildings to find new life as hotels
DEVELOPERS continue to jump on the hotel-conversion bandwagon, with Fragrance Group for its flagship...
PUBLISHED Dec 07, 05:50 AM
Bloomberg says presidential rivals criticising his fortune could have made their own
[NEW YORK] Michael Bloomberg on Friday brushed back critiques about his wealth and bristled at...
PUBLISHED Dec 07, 02:17 PM
Singapore set to become world's first sustainable palm oil nation
[KUALA LUMPUR] Singapore could become the world's first country to only use sustainable palm oil as...
PUBLISHED Dec 07, 06:38 AM
Founder of aesthetics clinic chain ordered to return S$30.7m to investor
[SINGAPORE] The founder of a chain of aesthetics clinics was on Thursday ordered to refund S$30.7 mi...
PUBLISHED Dec 06, 12:27 PM
Casting light on workplace depression
The year I was depressed, no one knew about it. Not the colleagues with whom I had lunch, nor the fr...
PUBLISHED Dec 07, 05:50 AM
Broker's take: DBS initiates coverage on Lendlease Global Reit with 'buy'
DBS Group Research has initiated coverage on Lendlease Global Commercial Reit with a "buy" call and...
PUBLISHED Dec 06, 10:50 AM
SoftBank will have 'last laugh' with WeWork deal: analyst
[TOKYO] SoftBank Group Corp's massive investment in WeWork triggered a multibillion-dollar writedown...
PUBLISHED Dec 06, 11:34 AM
Stocks to watch: Keppel, SPH Reit, MLT, Golden Agri-Res, EHT, Chasen, Silkroad Nickel
THE following companies saw new developments that may affect trading of their securities on Friday:
PUBLISHED Dec 06, 08:59 AM
Pemex announces discovery of 'giant' crude oil deposit
[MEXICO CITY] Mexican state oil company Pemex said on Friday it has discovered a deposit in southeas...
PUBLISHED Dec 07, 01:41 PM
Epicentre ex-chairman faces bankruptcy petition over S$588,020 debt
THE former acting chief executive officer and executive chairman of Catalist-listed Epicentre Holdin...
PUBLISHED Dec 07, 05:50 AM
Mercedes-AMG GLB 35 review: A speedy seven-seater
CALLING the Mercedes-AMG GLB 35 the best luxury, small, performance-oriented sport utility vehicle t...
PUBLISHED Dec 06, 05:50 AM
Singapore Airshow 2020 to be fully solar-powered
THE Singapore Airshow 2020 will be fully solar-powered for the first time in its 12-year history, as...
PUBLISHED Dec 06, 05:50 AM
SoftBank's Masayoshi Son cleaves to guts-led investing in chat with Alibaba's Jack Ma
[TOKYO] Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masa...
PUBLISHED Dec 06, 02:32 PM
IT vendor for schools Learnaholic and startup honestbee among 5 firms fined S$94,000 by PDPC
FIVE companies, including an IT vendor for schools and embattled startup honestbee, were fined a tot...
PUBLISHED Dec 07, 05:50 AM
HK's Raffles Family Office opens in Singapore
HONG KONG multifamily office Raffles Family Office has launched in Singapore with the intention of i...
PUBLISHED Dec 06, 05:50 AM
Trump calls for World Bank to stop loaning to China
[WASHINGTON] US President Donald Trump on Friday called for the World Bank to stop loaning money to...
PUBLISHED Dec 07, 11:39 AM
Deutsche Bank staffers cleared but bank fined in money laundering case
[BERLIN] Frankfurt prosecutors have dropped an investigation into two Deutsche Bank employees accuse...
PUBLISHED Dec 07, 01:38 PM
Grab aims to drive Asean e-wallet adoption with latest card launch
GRAB is turning up the heat in the payments competition, launching GrabPay Card to tie in its ambiti...
PUBLISHED Dec 06, 05:50 AM
New trade group of startup investors who don't focus on flipping
[NEW YORK] Attracting venture capital (VC) has rarely been easier for well-connected tech guys in ho...
PUBLISHED Dec 07, 01:47 PM
China's Nov forex reserves ease to US$3 trillion, focus stays on trade talks
[BEIJING] China's foreign exchange reserves fell US$9 billion in November to US$3.096 trillion, cent...
PUBLISHED Dec 07, 12:38 PM
Digital transformation pivotal to future of Singapore SMEs
HEADING into 2020, digital transformation will continue to be a strong theme for Singapore small and...
PUBLISHED Dec 06, 05:50 AM
Hedge fund White Elm to shut down, posts double digit returns
[BOSTON] Hedge fund White Elm Capital is returning money to outside clients at the end of the year,...
PUBLISHED Dec 07, 10:00 AM
Deutsche Bank's bonuses and the key questions facing CEO Christian Sewing
[FRANKFURT] As Deutsche Bank AG nears its end-of-year decision on bonuses, one question looms l...
PUBLISHED Dec 07, 08:44 AM
HSBC chief risk officer and board member Marc Moses to retire
[LONDON] One of HSBC Holdings' most senior executives is expected to announce his departure next wee...
PUBLISHED Dec 07, 07:43 AM
498m new Ascendas Reit units to start trading on Dec 6
ABOUT 498 million new units in Ascendas real estate investment trust (Ascendas Reit) will begin trad...
PUBLISHED Dec 06, 08:11 AM
Citi tells rich clients: stop being so nervous about stocks
CITIGROUP Inc's private bank wants its clients to work on an attitude adjustment.
PUBLISHED Dec 07, 05:50 AM
Hector Capital, Agritrade International eye green market in Singapore
INTEGRATED energy solutions provider Agritrade International and consumer-focused private equity fir...
PUBLISHED Dec 06, 05:11 PM
US: Stocks jump on strong November jobs data
[NEW YORK] Wall Street stocks surged higher on Friday following a strong US jobs report, with petrol...
PUBLISHED Dec 07, 06:10 AM
What's the point of the Turner Prize, anyway?
IT WAS a conclusion as sappy-sweet as the climax of Mean Girls, when Lindsay Lohan's character break...
PUBLISHED Dec 06, 05:50 AM
1MDB scandal: US is discussing Goldman Sachs settlement below US$2b
[WASHINGTON] Goldman Sachs Group could end up paying less than US$2 billion to resolve US crimi...
PUBLISHED Dec 07, 07:31 AM
Low Keng Huat posts Q3 loss, warns of poor sentiment from property cooling measures
MAINBOARD-LISTED builder Low Keng Huat (Singapore) has warned that property market softness from coo...
PUBLISHED Dec 07, 05:50 AM
Forever 21 gets pushback from lenders on ownership, weak sales
[NEW YORK] Forever 21 Inc's effort to finance its exit from bankruptcy is hitting resistance from so...
PUBLISHED Dec 07, 09:19 AM
Sasseur Reit to join FTSE EPRA Nareit Global Emerging Index
SASSEUR Real Estate Investment Trust (Sasseur Reit) will be included in the FTSE EPRA Nareit Global...
PUBLISHED Dec 06, 01:21 PM
US-China trade pact 'still close': White House
[WASHINGTON] A partial trade pact with China remains close at hand, a top White House economic aide...
PUBLISHED Dec 07, 06:09 AM
Elon Musk wins defamation trial over 'pedo guy' tweet
[LOS ANGELES] A federal court jury in Los Angeles on Friday found in favor of Tesla boss Elon Musk i...
PUBLISHED Dec 07, 07:18 AM
The AI maestro
IN THE 1942 short story Runaround, Isaac Asimov outlined a set of rules that governed the actions of...
PUBLISHED Dec 07, 05:50 AM
Pirates capture crew members of Hong Kong-flagged tanker: SCMP
[HONG KONG] A Hong Kong-registered crude oil tanker was attacked and its sailors kidnapped by pirate...
PUBLISHED Dec 07, 12:01 PM
Mapletree Logistics Trust added to STI, Golden Agri-Resources dropped
MAPLETREE Logistics Trust has been added to the Straits Times Index (STI), while Golden Agri-Resourc...
PUBLISHED Dec 06, 05:50 AM
Chinese defy HK's protest gloom in hunt for bargain stocks
CHINESE investors more than doubled their Hong Kong stock purchases this year, braving market headwi...
PUBLISHED Dec 07, 05:50 AM
SPH Reit borrows A$205m to fund Australia mall stake purchase
SPH Reit has obtained A$205 million (S$194.8 million) in secured loans from Westpac Banking Corp to...
PUBLISHED Dec 06, 08:19 AM
Polar Water unveils latest product in recyclable cartons in green push
POLAR Water Distributor, a Singapore-based food service distribution company, has gone for fully rec...
PUBLISHED Dec 06, 01:04 PM
Taiwan's main opposition party struggling to pay salaries
[TAIPEI] Taiwan's main opposition party the Kuomintang said on Friday it is struggling to pay staff...
PUBLISHED Dec 06, 08:43 PM
Kampong Bugis, River Valley GLS sites up for application
THE Urban Redevelopment Authority (URA) has made available for application a white site in Kampong B...
PUBLISHED Dec 06, 05:50 AM
FAA seeks US$3.9 fine from Boeing for defective parts on 737 NG planes
[WASHINGTON] The US Federal Aviation Administration (FAA) said on Friday it seeks to impose a US$3.9...
PUBLISHED Dec 07, 08:51 AM
Elon Musk's defamation win may reset legal landscape for social media
[WILMINGTON] Elon Musk's daring has left its mark on electric cars and rockets, and now experts say...
PUBLISHED Dec 07, 12:32 PM
Gold bugs should avoid the light
LIKE moths to a flame, gold bugs are attracted to higher prices. Sometimes this attraction results i...
PUBLISHED Dec 07, 05:50 AM
Rolls-Royce touts nuclear reactors as key to clean jet fuel
[LONDON] Rolls-Royce Holdings is pitching nuclear reactors as the most effective way of powerin...
PUBLISHED Dec 07, 08:33 AM
Making the interview work for you
WHAT is the greatest genuine flattery you can be shown? I'm not talking about creepy praise from sub...
PUBLISHED Dec 07, 05:50 AM
Egypt building a new capital that's the size of Singapore
EGYPT has sold almost half of the land earmarked for the first phase of a huge project to develop a...
PUBLISHED Dec 07, 05:50 AM
China and Mexico to hold high-level trade discussions next week
[MEXICO CITY] A high level delegation of Chinese and Mexican business and government representatives...
PUBLISHED Dec 07, 07:33 AM
3M exploring US$1b sale of drug delivery systems unit
[CHICAGO] 3M Co, one of the world's largest industrial conglomerates, is exploring a sale of its dru...
PUBLISHED Dec 07, 11:50 AM
Catalina buying Asia Capital Reinsurance to build regional portfolio
LEGACY insurance and reinsurance player Catalina Holdings has reached an in-principle agreement to b...
PUBLISHED Dec 06, 05:50 AM
Riskiest ETFs get green light, but brokers might steer clear
A PLAN to greenlight some of the exchange-traded fund (ETF) industry's most controversial products c...
PUBLISHED Dec 07, 05:50 AM
Singapore shares jump 0.7% on Friday, flat on the week
THE Straits Times Index (STI) extended gains from Thursday to close the week at 3,194.71, jumping 20...
PUBLISHED Dec 06, 06:23 PM
Oil rises sharply this week as Opec+ agrees on deeper output cuts
[NEW YORK] Oil prices rose more than 1 per cent on Friday and posted sharp weekly gains after Opec a...
PUBLISHED Dec 07, 06:14 AM
Libra's CEO resigns, stays on as chairman amid board reshuffle
THE chief executive of Catalist-listed building solutions provider Libra Group quit on Friday, accor...
PUBLISHED Dec 06, 08:25 PM
Japan considers raising defence budget to record US$49b: Nikkei
[TOKYO] Japan is looking to raise defence spending to a record 5.3 trillion yen (S$66.4 billion) for...
PUBLISHED Dec 07, 12:17 PM
Signs are pointing to global economic recession
THE 2008 financial crisis furnished markets with a painful lesson in 'Minsky moments', when asset pr...
PUBLISHED Dec 06, 05:50 AM
The Reserve Bank of India just did something crazy
THE Reserve Bank of India (RBI) is ending the year as it began - with a shock.
PUBLISHED Dec 06, 05:50 AM
Beauty of the pre-dawn workout
#downandtotheright: 1 hour
PUBLISHED Dec 07, 05:50 AM
Low Keng Huat posts Q3 net loss of S$774,000
MAINBOARD-LISTED building company Low Keng Huat (Singapore) sank into the red in its third quarter,...
PUBLISHED Dec 06, 08:10 PM
US bankruptcy watchdog takes aim at oil refiner's executive bonus plan
[NEW YORK] A plan to pay seven executives of the bankrupt Philadelphia Energy Solutions (PES) oil re...
PUBLISHED Dec 07, 11:42 AM
Chinese defy Hong Kong's protest gloom in hunt for bargain stocks
[SHANGHAI] Chinese investors more than doubled their Hong Kong stocks purchases this year, braving m...
PUBLISHED Dec 06, 12:07 PM
Power producer PG&E reaches US$13.5b agreement with victims of California wildfires
[BENGALURU] Bankrupt California power producer Pacific Gas and Electric Company (PG&E) said on F...
PUBLISHED Dec 07, 01:23 PM
Samsung to take on iPhone’s popularity with big camera overhaul
[SEOUL] Samsung Electronics Co's response to Apple Inc's much-improved iPhone 11 cameras is going to...
PUBLISHED Dec 06, 01:22 PM
Del Monte Pacific posts Q2 net loss of US$37.4m after earlier warning
MAINBOARD-LISTED food and beverage company Del Monte Pacific, which is known for its sauces, juices...
PUBLISHED Dec 06, 07:02 PM
Amazon to open new office in Manhattan in 2021; revives debate over Queens project
[NEW YORK] Amazon said on Friday that it would lease office space in Midtown Manhattan for more than...
PUBLISHED Dec 07, 12:17 PM
M&G freeze shows winter is here for UK malls, and it's staying
WHEN shoppers leave the House of Fraser department store at the Fremlin Walk mall about 50 km south-...
PUBLISHED Dec 07, 05:50 AM
Lender seeks to offload US$800m piece of loan made to retailer JC Penney
[NEW YORK] H/2 Capital Partners is seeking to sell almost US$800 million of a US$1.7 billion loan ma...
PUBLISHED Dec 07, 11:55 AM
China to exempt 'some' US soybean, pork from tariffs
[BEIJING] China said on Friday it will offer a tariff waiver to "some" imports of US soybean and por...
PUBLISHED Dec 06, 03:25 PM
Jetstar pilots vote in favour of industrial action over pay deal
[SYDNEY] The pilots of budget airline Jetstar have voted in favour of industrial action that could d...
PUBLISHED Dec 06, 01:02 PM
Magnus Energy's requisitioning shareholders call for own EGM
FOUR requisitioning shareholders of Magnus Energy Group are exercising their rights to convene an ex...
PUBLISHED Dec 07, 05:50 AM
Should cyber risk governance take centre-stage in financial services?
IT FEELS as though cyber risk has crept up on us without warning and with great intensity.
PUBLISHED Dec 07, 05:50 AM
Swiss fintech incubator F10 sets up office in Singapore
ZURICH-BASED incubator and accelerator F10 has expanded to Singapore, and will kick off its six-mont...
PUBLISHED Dec 06, 02:42 PM
Corporate digest
EAGLE Hospitality Trust, which made its market debut earlier this year, disclosed that it has lost i...
PUBLISHED Dec 07, 05:50 AM
Enterprise Singapore launches second run of Scale-up SG
ENTERPRISE Singapore (ESG) on Thursday launched the second run of Scale-up SG, bringing 18 new local...
PUBLISHED Dec 06, 05:50 AM
Daily Debrief: What Happened Today
Stories you might have missed
PUBLISHED Dec 06, 06:30 PM
Cocaine, monkeys and now a classic Harley smuggled on airlines
[NEW DELHI] Indonesia's top airline executive is set to be fired for allegedly ordering a classic Ha...
PUBLISHED Dec 06, 03:27 PM
Countries eye tariffs on Internet economy
[GENEVA] A 20-year global moratorium on imposing tariffs on digital trade could end next week if Ind...
PUBLISHED Dec 06, 10:45 PM
Warning for ESG investors: Your data might be letting you down
MONEY managers that have pushed more than US$30 trillion into sustainable investments are often basi...
PUBLISHED Dec 07, 05:50 AM
Hector Capital, Agritrade Int'l eye green market in Singapore
INTEGRATED energy solutions provider Agritrade International and consumer-focused private equity fir...
PUBLISHED Dec 07, 05:50 AM
China to waive tariffs on some US soyabean, pork shipments
CHINA said on Friday it will waive import tariffs for some soyabean and pork shipments from the Unit...
PUBLISHED Dec 07, 05:50 AM
World Bank adopts US$1.5b annual China lending plan over US objections
THE World Bank said that its board on Thursday has adopted a new plan to aid China with US$1-1.5 bil...
PUBLISHED Dec 07, 05:50 AM
Amazon websites could be added to US list of 'Notorious Markets'
[WASHINGTON] The Trump administration is considering putting some of Amazon.com's overseas websites...
PUBLISHED Dec 07, 07:37 AM
The best books to read - and give - in December
BOOKS make the best gifts. There, I said it. If you haven't already purchased several for your frien...
PUBLISHED Dec 07, 05:50 AM
Saudi Aramco raises US$25.6b in biggest-ever IPO
[RIYADH] Saudi Aramco on Thursday priced its long-awaited IPO (initial public offering) at the high...
PUBLISHED Dec 06, 05:54 AM
Mexico, US discuss 'last issues' in trade pact, faced with new steel demand
[WASHINGTON] Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that ne...
PUBLISHED Dec 07, 08:48 AM
Swiss fintech incubator F10 sets up shop in Singapore
ZURICH-BASED incubator and accelerator F10 has expanded to Singapore, and will kick off its six-mont...
PUBLISHED Dec 07, 05:50 AM
Taking on mental health in the office
"I HAD no idea he was depressed." That sentence is too often uttered after we have "discovered" that...
PUBLISHED Dec 06, 05:50 AM
Opec+ agrees to redistribute oil cuts under Saudi pressure
[LONDON] Opec+ will adjust its output target and redistribute production cuts between its members un...
PUBLISHED Dec 06, 09:52 PM
New Mercedes GLC — Lofty mission for a tall car
NEVER mind standing out, the newest Mercedes models in Singapore are all about standing tall.
PUBLISHED Dec 06, 05:50 AM
No legal basis for Magnus Energy to challenge EGM resolutions: requisitioning shareholders
THE four requisitioning shareholders of Magnus Energy Group said they will not be responding to the...
PUBLISHED Dec 06, 11:10 AM
Trump's fate likely to be decided at the ballot box, not by Congress
AFTER the impeachment process was initiated against him in 1974, Republican President Richard Nixon...
PUBLISHED Dec 07, 05:50 AM
Calpers scaling back on use of 'emerging' equity fund managers
THE California Public Employees' Retirement System (Calpers) is sharply scaling back its use of exte...
PUBLISHED Dec 07, 05:50 AM
Ericsson agrees to pay over US$1b to resolve US corruption probe
[WASHINGTON] Swedish mobile telecoms company Ericsson has agreed to pay over US$1 billion to resolve...
PUBLISHED Dec 07, 08:22 AM
Digital media startup Collab Asia raises US$7.5m in Series B funding
COLLAB Asia, a digital media company and social media influencer network, has raised US$7.5 million...
PUBLISHED Dec 06, 06:32 PM
Singapore shares up 0.7% on Friday, flat on the week
THERE was a sense of measured optimism in regional markets on Friday, after slight gains on Wall Str...
PUBLISHED Dec 07, 05:50 AM
Reits (December 7-8, 2019)
Highest-yielding real estate investment trusts
PUBLISHED Dec 07, 05:50 AM
US job growth up by the most in 10 months
[WASHINGTON] US job growth increased by the most in 10 months in November as former striking workers...
PUBLISHED Dec 06, 10:16 PM
Baby steps to a leaner, stronger powerhouse
CAN Pilates make you taller? Or stronger? Yes, it can - but perhaps not by Christmas. But starting o...
PUBLISHED Dec 07, 05:50 AM
Eindec names CFO as acting chief executive
CATALIST-LISTED cleanroom equipment and air-purifier maker Eindec Corporation has appointed its chie...
PUBLISHED Dec 06, 09:22 AM
Del Monte posts Q2 loss as plants get canned
MAINBOARD-LISTED food and beverage company Del Monte Pacific - which is known for its sauces, juices...
PUBLISHED Dec 07, 05:50 AM
Opec agrees to redistribute oil cuts under pressure from Saudi Arabia
THE Organization of Petroleum Exporting Countries (Opec) will adjust its output target and redistrib...
PUBLISHED Dec 07, 05:50 AM
HDB resale prices up 0.6% in November
HOUSING and Development Board (HDB) resale prices have notched their biggest month-on-month (m-o-m)...
PUBLISHED Dec 06, 05:50 AM
Thakral Corp sets up venture to invest in Japan properties
MAINBOARD-LISTED Thakral Corporation has set up a joint venture (JV) to invest in properties in Japa...
PUBLISHED Dec 06, 05:50 AM
Thriving print curio for lovers of ink
TO BE a magazine reader these days is to lament - unless you are reading The World of Interiors, pub...
PUBLISHED Dec 07, 05:50 AM
Shiseido opens first domestic factory in 36 years
ON WASTELAND once used for earthquake drills in the small town of Otawara north of Tokyo, Japanese g...
PUBLISHED Dec 06, 05:50 AM
Hong Kong protests cost embattled MTR operator HK$1.6b
[HONG KONG] Damage to Hong Kong's subway from six months of protests will cost operator MTR Corp Ltd...
PUBLISHED Dec 06, 07:36 AM
November job growth increases by the most in 10 months; jobless rate falls back to 3.5%
US job growth increased by the most in 10 months in November as former striking workers returned to...
PUBLISHED Dec 07, 05:50 AM
Goodbye gaming consoles, hello cloud
SO MUCH of our lives are already in the cloud. Our e-mails, photos, documents, and even backups live...
PUBLISHED Dec 07, 05:50 AM
Manulife US Reit joining FTSE EPRA Nareit Global Developed Index
MANULIFE US Reit will be included in the FTSE EPRA Nareit Global Developed Index with effect from De...
PUBLISHED Dec 06, 05:50 AM
US: Wall Street opens higher after strong jobs data, calmer tone on trade
[NEW YORK] US stocks opened higher on Friday, after data showed domestic job growth increased by the...
PUBLISHED Dec 06, 10:41 PM
Exorcising 'ghost workers' saves Nigerian state millions of dollars
[ABUJA] The Nigerian government saved hundreds of millions of naira by centralising its employee-pay...
PUBLISHED Dec 06, 08:36 PM
World Bank adopts more than US$1b annual China lending plan over US objections
[WASHINGTON] The World Bank said its board on Thursday adopted a new plan to aid China with US$1 bil...
PUBLISHED Dec 06, 09:34 AM
Freebies not enough to clear Manhattan's luxury condo inventory
NEW York-based real estate developer Extell Development gave Israeli investors a peek into how well...
PUBLISHED Dec 06, 05:50 AM
Banks gave US$745b to groups planning new coal power plants: NGOs
[PARIS] Financial institutions have channelled US$745 billion over the past three years into compani...
PUBLISHED Dec 06, 12:33 PM
Saudi Aramco to raise US$25.6 billion in world's biggest IPO
SAUDI Arabia's giant state-owned oil company, Saudi Aramco, has set the price of its initial public...
PUBLISHED Dec 07, 05:50 AM
China-built Tesla cars recommended for subsidies
[BEIJING] China's industry ministry has placed Chinese-built Tesla Model 3 cars on a list of vehicl...
PUBLISHED Dec 06, 06:47 PM
IPS Securex bags S$3.6m maintenance order from government agency
IPS Securex has secured a S$3.6 million order from an undisclosed government agency in South-east As...
For smart cities, the future is regional
IN November 2019, South Korea announced the launch of a consultative council on smart city projects...
PUBLISHED Dec 06, 05:50 AM
Jaguar F-Pace SVR review: A cat with claws and character
BRAND name aside, Jaguar's F-Pace SVR is not your usual cat. That's no biggie, since cats don't actu...
PUBLISHED Dec 06, 05:50 AM
Major US, global cities slowing amid worldwide slump: report
[WASHINGTON] The blockbuster growth in the world's major cities in recent years will slow sharply in...
PUBLISHED Dec 06, 09:54 AM
Meeting Singapore's foodtech ambitions
IN a changing global food system responding to population growth and climate change, the importance...
PUBLISHED Dec 06, 05:50 AM
Denmark's US$450b pension market slams new ban on rent speculation
DENMARK'S plan to rein in short-term property speculators has backfired as the country's pension ind...
PUBLISHED Dec 07, 05:50 AM
Almost 6m Filipinos lifted out of poverty in 2018, Philippines says
[MANILA] Nearly 6 million Filipinos were lifted out of poverty, the Philippine statistics agency sai...
PUBLISHED Dec 06, 12:48 PM
Singtel names Kelly Rosmarin as CEO-designate of Optus and Consumer Australia
SINGTEL has named Kelly Bayer Rosmarin as CEO-designate of both Optus and Consumer Australia, the te...
PUBLISHED Dec 06, 05:50 AM
Asian shares gain as Trump fuels trade deal optimism, oil firm on Opec+ output cut
[SYDNEY] Asian stocks gained on Friday as investors took heart from US President Donald Trump saying...
PUBLISHED Dec 06, 11:18 AM
France rejects US proposal on international tax reform
[PARIS] France rejects a US idea for companies to opt out of a proposed international tax reform, Fi...
PUBLISHED Dec 06, 07:39 PM
China aims for south-east to be 70% self-sufficient in pork
[BEIJING] China's Ministry of Agriculture and Rural Affairs issued a three-year plan to speed recove...
PUBLISHED Dec 06, 11:48 AM
Firm behind experimental Alzheimer's drug makes case for approval
[WASHINGTON] A US pharmaceutical company behind an experimental Alzheimer's drug presented new resul...
PUBLISHED Dec 06, 06:49 AM
Hummingbird targets antibody discovery hurdle in fighting cancer
ANTIBODIES is the buzzword in the race to cure cancer. Naturally produced by our immune systems, the...
PUBLISHED Dec 06, 05:50 AM
Climate crisis gatecrashes Opec gathering
[VIENNA] The climate crisis was the unexpected guest at this week's gathering of the Opec bloc of oi...
PUBLISHED Dec 07, 06:28 AM
Oil little changed despite Opec+ plan to deepen cuts
[NEW YORK] Oil futures were steady to slightly firmer on Thursday despite Opec and its allies planni...
PUBLISHED Dec 06, 06:10 AM
Asia bond markets show signs of angst as fiscal talk swirls
[SINGAPORE] First it was India and South Korea. Now Japan and New Zealand are joining Asia Pacific's...
PUBLISHED Dec 06, 11:34 AM
No Riyadh rush as many global investors steer clear of Aramco IPO
THE Saudi Aramco IPO was supposed to be a cornerstone of Crown Prince Mohammed bin Salman's ambitiou...
PUBLISHED Dec 07, 05:50 AM
Europe: Strong US jobs numbers, trade optimism bolster European shares
[BENGALURU] European shares closed higher on Friday, extending gains after impressive US jobs data b...
PUBLISHED Dec 07, 06:05 AM
Phoenix to buy Swiss Re's ReAssure unit for £3.2b
INSURANCE group Phoenix Group Holdings said it had agreed to buy the British unit of Swiss Re for £3...
PUBLISHED Dec 07, 05:50 AM
Hong Kong police chief calls for peace ahead of big protest march
[HONG KONG] Hong Kong's police chief has urged citizens to demonstrate peacefully ahead of what is e...
PUBLISHED Dec 06, 11:21 AM
Special Feature - Making a Difference
Christmas is a time of giving, but Nelson and Terence Loh know all too well that when it comes to ch...
PUBLISHED Dec 06, 05:50 AM
Jakarta's MRT network set for US$40b expansion
INDONESIA is preparing to spend about US$40 billion to extend Jakarta's metro network, a bigger-than...
PUBLISHED Dec 06, 05:50 AM
Singapore stocks: STI resumes Friday afternoon up 0.07%
SINGAPORE shares resumed trading in positive territory on Friday afternoon, with the benchmark Strai...
PUBLISHED Dec 06, 01:31 PM
Optimism over US-China deal sends STI up
ASIAN equity markets were in a cheery mood after reports indicated that the final details of the US-...
PUBLISHED Dec 06, 05:50 AM
Deutsche Bank gives Crypto enthusiasts some hope
AFTER a rough start to life, crytocurrencies may be on the cusp of a breakout decade if Deutsche Ban...
PUBLISHED Dec 06, 05:50 AM
Prolonged rout looms for India bonds as RBI pulls support
IT'S STARTING to look like India's sovereign bond market is on the brink of a prolonged rout.
PUBLISHED Dec 07, 05:50 AM
China central bank injects 300b yuan via one-year medium-term loans, keeps rate unchanged
[SHANGHAI] China's central bank extended 300 billion yuan (S$57.97 billion) through its medium-term...
PUBLISHED Dec 06, 10:24 AM
US regulators find Cambridge Analytica deceived Facebook users
[WASHINGTON] US regulators on Friday said they had found now-defunct British political consulting fi...
PUBLISHED Dec 07, 07:39 AM
Bilibili inks 800m yuan contract to broadcast League of Legends in China
[BEIJING] Chinese video site Bilibili said on Friday it had agreed to a three-year contract to domes...
PUBLISHED Dec 06, 03:28 PM
Singapore shares inch higher at Friday’s open; STI up 0.14%
SINGAPORE shares opened slightly higher on Friday, with the Straits Times Index (STI) gaining 0.14 p...
PUBLISHED Dec 06, 09:40 AM
Transport chaos as strike against Macron reforms enters day two
[PARIS] France faced a second day of travel chaos, shuttered schools and understaffed hospitals on F...
PUBLISHED Dec 06, 04:04 PM
South Korea: Stocks close higher on Trump's remarks on trade talks
[SEOUL] South Korean shares ended 1 per cent higher on Friday as investors cheered US President Dona...
PUBLISHED Dec 06, 03:55 PM
US' Pompeo brings Iran pressure campaign to Morocco
[RABAT] The United States and Morocco discussed efforts to isolate Iran, officials said Thursday, as...
PUBLISHED Dec 06, 07:42 AM
It's Hamilton's year, but F1's young guns show promise
AS THE curtain fell on the 2019 Formula One season last week at Abu Dhabi's Yas Marina circuit, the...
PUBLISHED Dec 07, 05:50 AM
US mortgage rates settle after an up-and-down week
MORTGAGE rates in the US levelled off after a week of being pushed up and pulled down by mixed econo...
PUBLISHED Dec 07, 05:50 AM
Netflix is spending 30b rupees on Indian content: CEO
NETFLIX Inc is ploughing 30 billion rupees (S$572 million) this year and next to produce more local...
PUBLISHED Dec 07, 05:50 AM
Bank Indonesia signals cautious approach to further easing
[JAKARTA] Indonesia's central bank has sounded a more cautious tone on interest rates, signaling tha...
PUBLISHED Dec 06, 08:21 PM
Hong Kong unrest contributed 2 pct points to Q3 GDP contraction: official
[HONG KONG] Social unrest in Hong Kong contributed two percentage points to the city's economic cont...
PUBLISHED Dec 06, 11:43 AM
Among New World whiskeys, Australian ones are standing out
IS the whiskey world becoming more like the wine world?
PUBLISHED Dec 06, 05:50 AM
US lawmakers to settle on articles of impeachment against Trump
[WASHINGTON] Democrats in the US House of Representatives will focus on Friday on the serious busine...
PUBLISHED Dec 06, 08:01 PM
Bayer reaches agreement to postpone more glyphosate lawsuits for settlement talks
[FRANKFURT] Germany's Bayer has agreed with plaintiffs to postpone its next two US lawsuits over the...
PUBLISHED Dec 06, 11:05 PM
Canada sees 'tough challenge' getting trade deal ratified by US
[OTTAWA] Canadian Deputy Prime Minister Chrystia Freeland on Thursday said it would be a "tough chal...
PUBLISHED Dec 06, 07:59 AM
Huawei sues FCC in fight for greater US market access
HUAWEI Technologies Co has sued the Federal Communications Commission (FCC), seeking to overturn a r...
PUBLISHED Dec 06, 05:50 AM
Corporate digest
CATALIST-LISTED Silkroad Nickel announced after trading hours on Thursday that, together with its su...
PUBLISHED Dec 06, 05:50 AM
Japan's household spending posts fastest decline in 3.5 years
[TOKYO] Japan's household spending fell at the fastest pace in over three and a half years in Octobe...
PUBLISHED Dec 06, 08:52 AM
Unions enter Day 2 of strikes over Macron's pension reforms
FRANCE faced a second day of travel chaos and understaffed schools and hospitals on Friday, as union...
PUBLISHED Dec 07, 05:50 AM
Pound rises against euro on expected Tory win
STERLING hit two-and-a-half-year highs versus the euro on Thursday, on growing confidence that next...
PUBLISHED Dec 06, 05:50 AM
Europe: Shares dip, Glencore slides to 3-year low
[LONDON] Most European shares ended slightly lower on Thursday amid mixed signals on a US-China "pha...
PUBLISHED Dec 06, 06:03 AM
Hong Kong: Stocks finish week on positive note
[HONG KONG] Hong Kong closed more than one per cent higher Friday, boosted by renewed hopes that Chi...
PUBLISHED Dec 06, 04:27 PM
A Locavore Christmas
IF YOU'RE PLANNING your Christmas dinner and visions of turkey, ham and roast beef are dancing in yo...
PUBLISHED Dec 06, 05:50 AM
Japan finance minister says BOJ's low-rate policy not behind megabank's fee moves
[TOKYO] Japanese Finance Minister Taro Aso said on Friday he did not believe the central bank's nega...
PUBLISHED Dec 06, 10:39 AM
Japan leans on fiscal stimulus to keep recession at bay
JAPAN'S Prime Minister Shinzo Abe announced stimulus measures to support growth in an economy conten...
PUBLISHED Dec 06, 05:50 AM
Uber says it received over 3,000 reports of sexual assault in US in 2018
[NEW YORK] Ride-hailing firm Uber Technologies Inc said it received over 3,000 reports of sexual ass...
PUBLISHED Dec 06, 11:24 AM
Europe: Stock markets climb at open, before US jobs data
[LONDON] European stock markets rose at the start of trading on Friday, with all eyes on US monthly...
PUBLISHED Dec 06, 04:38 PM
Japan firms back tighter foreign ownership reporting rules: poll
[TOKYO] A vast majority of Japanese firms back the government's recent decision to tighten reporting...
PUBLISHED Dec 06, 08:33 AM
Best wine books not always about wine
THE BEST wine book I read this year was not about wine. It was about cider, though not entirely. It...
PUBLISHED Dec 06, 05:50 AM
Special Feature: Presents for the Family
Alarm bells go off in the head of aesthetic doctor Iroshini Chua when she sees the Christmas decorat...
PUBLISHED Dec 06, 05:50 AM
Malaysia: Shares close higher on Friday
MALAYSIA share prices closed higher on Friday, with the FTSE Bursa Malaysia Kuala Lumpur Composite I...
PUBLISHED Dec 06, 05:48 PM
Labour group accuses Google of sacking workers to deter unionism
[SAN FRANCISCO] The Communications Workers of America union filed a federal labour charge against Al...
PUBLISHED Dec 06, 10:06 AM
Feel-good Christmas
If you’re planning a Christmas getaway where you can relax and do good for the environment as well,...
PUBLISHED Dec 06, 05:50 AM
US considering troop boost to counter Iran
[WASHINGTON] The United States said Thursday it was considering deploying fresh forces to counter Ir...
PUBLISHED Dec 06, 07:05 AM
Big European banks face call to end funding for firms building coal-fired plants
[LONDON] Some of Europe's biggest banks are being challenged by environmental groups to sever all le...
PUBLISHED Dec 06, 07:53 AM
Hong Kong: Stocks open with gains
[HONG KONG] Hong Kong stocks started with gains Friday morning with investors remaining optimistic t...
PUBLISHED Dec 06, 09:41 AM
China drafts new rules to control rural plastic pollution
[SHANGHAI] China will tighten regulations on the use of plastic film by farmers to boost crop yields...
PUBLISHED Dec 06, 10:29 AM
Trudeau pushing tax cuts, climate in test for minority government
[OTTAWA] Canadian Prime Minister Justin Trudeau unveiled a legislative agenda on Thursday that touts...
PUBLISHED Dec 06, 07:16 AM
Tokyo: Stocks edge up on hopes for US-China trade deal
[TOKYO] Tokyo stocks inched up Friday on continued hopes for a US-China trade deal, with investors c...
PUBLISHED Dec 06, 02:15 PM
Warren accuses Bloomberg of 'buying the election'
ELIZABETH Warren has accused former New York Mayor Michael Bloomberg of trying to buy the 2020 elect...
PUBLISHED Dec 06, 05:50 AM
Japan firms brace for economic contraction after Olympics, seek more stimulus: poll
[TOKYO] Japanese firms are overwhelmingly expecting the economy to contract after the 2020 Tokyo Oly...
PUBLISHED Dec 06, 07:27 AM
Putin and Zelensky in first talks to revive Ukraine peace efforts
[MOSCOW] The leaders of Russia and Ukraine will meet on Monday for talks on the conflict in east Ukr...
PUBLISHED Dec 06, 11:00 AM
Decision biases in the boardroom
Individuals tend to make biased decisions. For instance, heuristics guide our judgements to help us...
PUBLISHED Dec 06, 05:50 AM
What's 'fair' when it comes to carbon emissions?
THE Trump administration recently began the formal process of withdrawing from the Paris climate agr...
PUBLISHED Dec 06, 05:50 AM
Tokyo: Stocks open higher on lingering hopes for trade
[TOKYO] Tokyo stocks opened higher on Friday, extending rallies on Wall Street supported by continue...
PUBLISHED Dec 06, 08:21 AM
Pelosi directs House committee to draft articles of impeachment
US House of Representatives Speaker Nancy Pelosi on Thursday said she has directed a House committee...
PUBLISHED Dec 06, 05:50 AM
Major European investors urge EU to enshrine climate goal in law
[BRUSSELS] European investors representing over six trillion euros (S$9.06 trillion) in assets are c...
PUBLISHED Dec 06, 08:14 AM
Australia: Shares advance despite trade talk angst; NZ inches higher
[BENGALURU] Australian shares closed higher on Friday in cautious trade after US President Donald Tr...
PUBLISHED Dec 06, 03:12 PM
Money FM podcast: How businesses can tackle the talent crunch
She is one of the foremost female leaders and marketers from Silicon Valley and she’s built a reputa...
PUBLISHED Dec 06, 05:50 AM
Malaysia: Shares open higher on Friday
MALAYSIA share prices edged higher on Friday, with the FTSE Bursa Malaysia Kuala Lumpur Composite In...
PUBLISHED Dec 06, 09:24 AM
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