Wednesday, Nov 18, 2020

TOP STORIES

FUTURE OF WORK

Singapore banks making flexi-work a permanent post-Covid feature

A GROWING number of Singapore banks will make flexible work arrangements a permanent...

PUBLISHED Nov 18, 2020 05:50 AM
DIGITAL BANKS

Singtel's digital bank bid is also a push for reinvention

SINGTEL sees its digital bank bid as a timely push for reinvention by the heavyweight...

PUBLISHED Nov 18, 2020 05:50 AM
LUXURY RETAIL: COMMENTARY

Cortina's Sincere plan a timely move to dial into China's market

RUMOURS of its courtship has been swirling for months but like any budding romance,...

PUBLISHED Nov 18, 2020 05:50 AM

Cortina plans to acquire Sincere Watch for S$84.5m

MAINBOARD-LISTED luxury watch retailer Cortina Holdings has proposed to acquire...

PUBLISHED Nov 18, 2020 05:50 AM

Singapore chips demand may last despite shock October export dip

SHIPMENTS of integrated circuits ebbed in October, catching economy watchers off guard...

PUBLISHED Nov 18, 2020 05:50 AM

Safer to freeze some sectors than open too early, says PM

IT is better to keep some economic sectors "in suspended animation" and provide...

PUBLISHED Nov 18, 2020 05:50 AM

US under Biden 'could have more constructive ties with China'

THE hope is that United States President-elect Joe Biden will be able to build a...

PUBLISHED Nov 18, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Time for Hyflux's PnP holders to move on as firm enters judicial management

FROM the get-go, the restructuring of Hyflux had placed special attention on the 34,...

PUBLISHED Nov 18, 2020 05:50 AM

Lum family, Ellipsiz to make mandatory offer for Lum Chang at S$0.38 per share

ENGINEERING solutions firm Ellipsiz and the family that controls construction firm Lum...

PUBLISHED Nov 18, 2020 05:50 AM

CapitaLand Retail China Trust to raise at least S$300m for acquisition

CAPITALAND Retail China Trust (CRCT) has launched an equity fund-raising to finance...

PUBLISHED Nov 18, 2020 05:50 AM

ST Engineering to be reorganised into 2 main clusters

MAINBOARD-LISTED ST Engineering will be reorganised into two main clusters from the...

PUBLISHED Nov 18, 2020 05:50 AM

SIA, Sats climb as vaccine hopes spur rally

TRAVEL and tourism-related stocks rose on Tuesday, as positive news from Moderna's...

PUBLISHED Nov 18, 2020 05:50 AM
STOCKS

Vaccine optimism lifts Singapore market again

THE Straits Times Index (STI) continued its ascent on Tuesday, following on the heels...

PUBLISHED Nov 18, 2020 05:50 AM
CURRENCIES

Euro climbs on second vaccine optimism

THE euro rose against the dollar on Tuesday, helped by optimism over another...

PUBLISHED Nov 18, 2020 05:50 AM

REAL ESTATE

COMMENTARY

Airbnb's IPO doesn't require head-in-sand moment

IS IT possible that Airbnb could be a technology initial public offering (IPO) that...

PUBLISHED Nov 18, 2020 05:50 AM

US mall investors see hope with Simon deal, vaccine news

THERE'S finally some good news for US mall owners, whose shares have taken a beating...

PUBLISHED Nov 18, 2020 05:50 AM

BANKING & FINANCE

StanChart Singapore CEO takes on more markets

STANDARD Chartered Bank Singapore chief executive officer Patrick Lee will be...

PUBLISHED Nov 18, 2020 05:50 AM

Indonesia sovereign wealth fund aims to raise US$15b

INDONESIA'S new sovereign wealth fund will offer dedicated industry funds in a bid to...

PUBLISHED Nov 18, 2020 05:50 AM

Aramco starts marketing five-tranche bonds

SAUDI Aramco began marketing a five-tranche US dollar-denominated bond sale on Tuesday...

PUBLISHED Nov 18, 2020 05:50 AM

Most fund managers ignore racial diversity in staff: study

THE majority of investment managers around the world are not measuring racial...

PUBLISHED Nov 18, 2020 05:50 AM

Danish bank staff getting more threats from angry clients

THE financial employees union in Denmark says there's been a worrying increase in the...

PUBLISHED Nov 18, 2020 05:50 AM

TECHNOLOGY

Twitter names famed hacker 'Mudge' as head of security

SOCIAL media giant Twitter Inc, under increased threat of regulation and plagued by...

PUBLISHED Nov 18, 2020 05:50 AM

CONSUMER

Huawei sells budget phone brand after US cuts chip supply

HUAWEI Technologies Co sold its Honor smartphone business to a Chinese government-...

PUBLISHED Nov 18, 2020 05:50 AM

TRANSPORT

Tesla to join S&P 500 in December

TESLA, Elon Musk's 17-year-old upstart carmaker, took a giant step towards blue-chip...

PUBLISHED Nov 18, 2020 05:50 AM
STRAIT TALK

Wake-up call to limit working hours at sea

A NEW report from the World Maritime University (WMU) says there are "systemic...

PUBLISHED Nov 18, 2020 05:50 AM

GOVERNMENT & ECONOMY

Ministers flag need for Apec members to keep supply chains open, work to reopen borders safely

THE Covid-19 pandemic has brought into sharp relief the challenges that countries face...

PUBLISHED Nov 18, 2020 05:50 AM
LATEST US DATA

US retail sales up 0.3% in October, missing expectations

US retail sales increased less than expected in October and could slow further,...

PUBLISHED Nov 18, 2020 05:50 AM

China's irritated trade partners push back on coronavirus food tests

MAJOR food-producing countries are growing increasingly frustrated with China's...

PUBLISHED Nov 18, 2020 05:50 AM

Indonesia's mass vaccination plan in December faces delay

INDONESIAN President Joko Widodo's push for mass vaccinations to be rolled out in...

PUBLISHED Nov 18, 2020 05:50 AM

Millions of jobless Americans risk losing benefits

MILLIONS of Americans will see their unemployment benefits disappear at the end of the...

PUBLISHED Nov 18, 2020 05:50 AM

LIFE & CULTURE

SUNBURST 2020

Sunburst goes virtual this year, with a dash of imagination

LIGHTS, camera, action - but this show will not have an opening curtain or an audience...

PUBLISHED Nov 18, 2020 05:50 AM

English Nouveau: a young red to rival Beaujolais

IN years gone by, British wine merchants would race to secure Beaujolais Nouveau for...

PUBLISHED Nov 18, 2020 05:50 AM

WEALTH & INVESTING

The next phase of the V

THE plunge in global economic activity in March was followed by a supercharged...

PUBLISHED Nov 18, 2020 05:50 AM
INSIGHTS FROM CFA SOCIETY SINGAPORE

Non-traditional Reits - more than meets the eye

REITS are investment vehicles that invest in a portfolio of income-generating real...

PUBLISHED Nov 18, 2020 05:50 AM
INVESTING GLOBALLY & PROFITABLY

Agribusiness bonds will do well, with or without vaccine

A NUMBER of vaccine candidates are on the horizon, but with virus cases still rising,...

PUBLISHED Nov 18, 2020 05:50 AM
DIARY OF A PRIVATE INVESTOR

Looking at pharmaceuticals beyond Covid-19

WE CAN be forgiven for thinking that pharmaceutical companies only care about finding...

PUBLISHED Nov 18, 2020 05:50 AM

OPINION

Rise of sovereign digital currencies: domestic and global implications

THE launch of a central bank digital currency (CBDC) in China has been much...

PUBLISHED Nov 18, 2020 05:50 AM
THE BOTTOM LINE

G20 leaders must battle Covid-19 on a global scale

WE may soon witness the bargain of the century. G20 leaders, representing the world's...

PUBLISHED Nov 18, 2020 05:50 AM
EDITORIAL

Asean travel bubble could spur growth, but governments must weigh risks

THE signing of the Regional Comprehensive Economic Partnership free trade deal grabbed...

PUBLISHED Nov 18, 2020 05:50 AM

How Europe can work with Biden

AFTER several anxiety-filled rollercoaster days following the Nov 3 US presidential...

PUBLISHED Nov 18, 2020 05:50 AM

Covid-19 has created structural changes in the workplace

SOME economists welcome sharp economic downturns because of the "cleansing effects of...

PUBLISHED Nov 18, 2020 05:50 AM

Digital transformation: Is your company taking the right road?

BUSINESSES have been actively embracing digital transformation over the past few years...

PUBLISHED Nov 18, 2020 05:50 AM

GARAGE

Sea's Q3 loss outpaces topline growth; group raises full-year revenue guidance

SINGAPORE-based Sea Ltd - which owns e-commerce platform Shopee and game developer...

PUBLISHED Nov 18, 2020 05:50 AM

BREAKING NEWS

Nov 25, 2020 07:22 PM

York Capital to spin off US$2.7b Asia hedge fund firm

[NEW YORK] York Capital Management's move to exit most of its hedge fund business will lead to the creation of a...

Nov 25, 2020 06:30 PM

Daily Debrief: What Happened Today

Stories you might have missed

Nov 25, 2020 06:27 PM

Eurozone house prices set for reality check as pandemic bites: ECB

[FRANKFURT] House prices in the eurozone are in for a reality check as a pandemic-induced recession pushes more...

Nov 25, 2020 06:04 PM

Singapore shares fall despite Wall Street advance; STI down 0.8%

LOCAL shares ended Wednesday in the red, having given up their gains from earlier on in the trading day as investor...

Nov 25, 2020 05:58 PM

Indonesia's coal gasification programme needs subsidy: industry experts

[JAKARTA] Indonesia would need to subsidise the coal-derived substitute that it has hung its hopes on to reduce its...

Nov 25, 2020 05:50 PM

Emirates sees 2022 return of jumbo A380s as travel recovers

[DUBAI] Emirates sees a sharp recovery in demand for air travel next year as coronavirus vaccines are distributed...