Tuesday, Sep 15, 2020

TOP STORIES

VIRUS OUTBREAK: JOBS IMPACT

Retrenchments commence at SIA; airline and pilots union still in talks

SINGAPORE Airlines (SIA) and the pilots union remain in talks over lay-offs as the...

PUBLISHED Sep 15, 2020 05:50 AM

Employment in Singapore falls by record 103,500 in Q2

EMPLOYMENT fell by a record 103,500 in the second quarter of the year, a staggering...

PUBLISHED Sep 15, 2020 05:50 AM

BT launches News Tablet Edition

THE Business Times is launching the first BT subscription bundled with an Android...

PUBLISHED Sep 15, 2020 05:50 AM

Local firms seek new markets amid Covid-19

According to Enterprise Singapore, there were over 300 internationalisation projects...

PUBLISHED Sep 15, 2020 05:50 AM

Alibaba's entry might affect Grab-Gojek merger talks

ALIBABA is said to be in talks to invest an eye-watering US$3 billion in South-east...

PUBLISHED Sep 15, 2020 05:50 AM
VIRUS OUTBREAK: JOBS IMPACT

Precision engineering is growth industry for Singapore: Chan

PRECISION engineering has been singled out as a growth industry for Singapore, "even...

PUBLISHED Sep 15, 2020 05:50 AM

ZenRock, Agritrade face winding up; Hontop put under JM

ZENROCK Commodities Trading and Agritrade International could be wound up, as their...

PUBLISHED Sep 15, 2020 05:50 AM

Staying open and maximising opportunities for Singaporeans go together: Tharman

DESPITE growing divisions in the world, Singapore has to stay open in order to...

PUBLISHED Sep 15, 2020 05:50 AM
ASEAN BUSINESS

Sino-Malaysia ties 'on track despite Belt & Road project renegotiation'

THE Malaysian government's recent announcement to reroute and reassess the cost and...

PUBLISHED Sep 15, 2020 05:50 AM

Johor to double budget for walkway on Malaysian side of Causeway

THE Johor state government is planning to build a 350-metre covered walkway for...

PUBLISHED Sep 15, 2020 05:50 AM

Businesses feel the crunch as Jakarta enters second lockdown

THE markings of a rollercoaster year are plastered over Sutiwet's small Jakarta...

PUBLISHED Sep 15, 2020 05:50 AM
BT EXCLUSIVE

Huntington-Paprika merger a 'marriage of equals'

SINGAPOREAN public relations (PR) firm Huntington Communications and creative agency...

PUBLISHED Sep 15, 2020 05:50 AM

COMPANIES & MARKETS

HOT STOCK

Sembmarine slips 0.6% in second consecutive day of heavy trading

SHARES in Sembcorp Marine (SMM) were actively traded on Monday as the offshore and...

PUBLISHED Sep 15, 2020 05:50 AM

Private exchanges augment public markets, make financial ecosystem more complete: HGX chairman

ASIA's private securities exchanges are still in an early phase of development...

PUBLISHED Sep 15, 2020 05:50 AM

Mapletree Industrial Trust to buy US data centre for as much as US$262.1m

MAPLETREE Industrial Trust (MIT) is proposing to acquire a data centre and office in...

PUBLISHED Sep 15, 2020 05:50 AM

Seek value in HK traditional sectors: Maybank KE

THE pandemic-driven rally had sent share prices of Hong Kong's new economy stocks...

PUBLISHED Sep 15, 2020 05:50 AM
BROKER'S TAKE

Asean banks' asset quality risks still high, green shoots muted: Maybank KE

MAYBANK Kim Eng (MKE) has downgraded its sector outlook on Asean banks to negative as...

PUBLISHED Sep 15, 2020 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Sep 15, 2020 05:50 AM

Corporate digest

Accordia Golf Trust

PUBLISHED Sep 15, 2020 05:50 AM
STOCKS

Singapore stocks start week on softer note

SINGAPORE stocks ended Monday on a broadly weaker note, after waves of late afternoon...

PUBLISHED Sep 15, 2020 05:50 AM
CURRENCIES

US dollar slips as equity market mood lifts

THE US dollar slipped on Monday against its major peers as a wave of M&A deals...

PUBLISHED Sep 15, 2020 05:50 AM

REAL ESTATE

Covid-19 pushes developers to offer new perks

AFTER the Sept 11 attacks, some landlords installed sturdy posts outside their...

PUBLISHED Sep 15, 2020 05:50 AM
OPINION

Bigger homes bought on pandemic spree may house regret

MORE than 40 per cent of Americans are working from home, and among them the urge to "...

PUBLISHED Sep 15, 2020 05:50 AM

Swedish fund shuns doomsday bets on property

THE woman running one of Sweden's biggest pension funds says the Covid-19 crisis has...

PUBLISHED Sep 15, 2020 05:50 AM

China's rising demand for condo butler service sparks huge stock gains

SURGING demand for butler-like concierge service at the millions of condominiums in...

PUBLISHED Sep 15, 2020 05:50 AM

Steady growth in China's new home prices boosts economic recovery

NEW home prices in China rose at a slightly faster monthly pace in August, as consumer...

PUBLISHED Sep 15, 2020 05:50 AM

New York home buyers looking outside Manhattan for new development

WHEN it comes to new development, buyers who are choosing to stay in New York - and...

PUBLISHED Sep 15, 2020 05:50 AM

BANKING & FINANCE

China issues new rules to tighten control over financial holding firms

CHINA has issued new rules to regulate financial holding companies, in its latest move...

PUBLISHED Sep 15, 2020 05:50 AM

Philippine central bank ready to lend govt more to fight virus if needed

THE Philippine central bank is prepared to lend more to the government, helping to...

PUBLISHED Sep 15, 2020 05:50 AM

UBS chairman exploring merger with Credit Suisse: report

THE chairmen of UBS Group and Credit Suisse Group are exploring a potential merger to...

PUBLISHED Sep 15, 2020 05:50 AM

Euro gains blunted stimulus boost to inflation: Lagarde

PRESIDENT Christine Lagarde said the recent appreciation of the euro has partly offset...

PUBLISHED Sep 15, 2020 05:50 AM

TECHNOLOGY

Nvidia to buy chip designer Arm for US$40b as SoftBank exits

NVIDIA Corp will buy UK-based chip designer Arm from Japan's SoftBank Group Corp for...

PUBLISHED Sep 15, 2020 05:50 AM

Azure-Lyte Fund finances tech startup aiming to transform the freelance ecosystem

AN issue that freelancers may often face would be the uncertainty of when they will...

PUBLISHED Sep 15, 2020 05:50 AM

CONSUMER

Smaller watches a sign of China's growing hold on luxury industry

LUXURY watch maker Officine Panerai-Firenze is famed for its big and bulky World War...

PUBLISHED Sep 15, 2020 05:50 AM

TRANSPORT

Court gives approval for Thai Airways restructuring

THAI Airways International Pcl, the nation's flagship carrier, got court approval for...

PUBLISHED Sep 15, 2020 05:50 AM

Restructure or die, Cathay Pacific warns as it burns through millions a month

CATHAY Pacific Airways Ltd is still burning through as much as HK$2 billion (S$350...

PUBLISHED Sep 15, 2020 05:50 AM

GOVERNMENT & ECONOMY

Suga on track to become Japan's next PM after winning LDP vote

JAPAN'S ruling party on Monday elected chief cabinet secretary Yoshihide Suga as its...

PUBLISHED Sep 15, 2020 05:50 AM

Millionaires would pay up under Biden's tax plans, study shows

MILLIONAIRES could see much bigger tax bills if Democrat Joe Biden is elected...

PUBLISHED Sep 15, 2020 05:50 AM

Think-tank: UK faces biggest wave of redundancies in a generation

BRITAIN is on course to suffer the biggest increase in redundancies in a generation in...

PUBLISHED Sep 15, 2020 05:50 AM

UN warns of 'further war crimes' in Myanmar's Rakhine

MYANMAR'S apparent continued targeting of civilians in the country's Rakhine and Chin...

PUBLISHED Sep 15, 2020 05:50 AM

LIFE & CULTURE

Dominic Thiem claims maiden Grand Slam in wild US Open final

IN A WILD comeback that seemed improbable and predictable, lost and then found,...

PUBLISHED Sep 15, 2020 05:50 AM

Tenet hits US$200m globally, Mulan has slow start in China

CHRISTOPHER Nolan's Tenet crossed the US$200 million mark in ticket sales globally,...

PUBLISHED Sep 15, 2020 05:50 AM

Rare dolphins return to Hong Kong as Covid-19 halts ferry traffic

THE number of Indo-Pacific humpback dolphins seen around Hong Kong has jumped as the...

PUBLISHED Sep 15, 2020 05:50 AM

SME

Local firms seek new markets amid Covid-19, but change tack

THE novel coronavirus pandemic has not stopped Singaporean firms from expanding...

PUBLISHED Sep 15, 2020 05:50 AM

Established businesses keep up with times by recognising trends

BEING a business with a long history can be a double-edged sword, according to...

PUBLISHED Sep 15, 2020 05:50 AM

Online materials assessment tool aims to reduce plastic use

A WEB tool developed by the World Wide Fund for Nature Singapore (WWF-Singapore) aims...

PUBLISHED Sep 15, 2020 05:50 AM

OPINION

THE BOTTOM LINE

China's reach for digital dominance a wake-up call for US

WHILE many countries are eager for an alternative to US technology dominance, Beijing...

PUBLISHED Sep 15, 2020 05:50 AM

Why state of Europe's union is full of challenges

URSULA von der Leyen gives her first "state-of-the-union" address on Wednesday as...

PUBLISHED Sep 15, 2020 05:50 AM
EDITORIAL

US presidential elections rife with rhetoric of vote rigging and fraud

WITH seven weeks to go before the election of the year, concern has only grown that...

PUBLISHED Sep 15, 2020 05:50 AM

Restarting the engine: Asia, oil and coronavirus

THE novel coronavirus pandemic triggered a collapse in passenger transportation-...

PUBLISHED Sep 15, 2020 05:50 AM

The V-shaped recovery marches on

LARGE swathes of the global economy are exhibiting traditional signs of a V-shaped...

PUBLISHED Sep 15, 2020 05:50 AM

Tackling climate change need not be a Sisyphean task

WE LIVE in an unprecedented period in our history, with the "C" pandemic becoming the...

PUBLISHED Sep 15, 2020 05:50 AM

BREAKING NEWS

Sep 19, 2020 02:45 PM

McDonald's ex-CEO says he shouldn't have to return severance

[CHICAGO] Former McDonald's Corp chief executive officer Steve Easterbrook said the restaurant chain shouldn't be...

Sep 19, 2020 02:45 PM

IPO frenzy this week nets billions for venture-capital backers

[NEW YORK] Billions of dollars could be on the way to Sand Hill Road this week, home base for Silicon Valley's...

Sep 19, 2020 02:15 PM

Ginsburg successor could shift law on abortion, healthcare act

[WASHINGTON] A conservative successor to Justice Ruth Bader Ginsburg would move the US Supreme Court closer to...

Sep 19, 2020 02:00 PM

US says UN sanctions on Iran to be reimposed Saturday. What does that mean?

[NEW YORK] US President Donald Trump's administration says that on Saturday (2000 EDT/0000 GMT Sunday) all United...

Sep 19, 2020 01:54 PM

TikTok sues Trump administration to block US ban

[WASHINGTON] TikTok asked a federal judge in Washington to block the Trump administration from enacting a ban on the...

Sep 19, 2020 01:50 PM

China's commerce ministry issues rules on 'unreliable entities' list

[BEIJING] China's commerce ministry on Saturday issued rules on its proposed list of "unreliable entities", part of...