2 days ago
No effective recourse from neighbours' second-hand cigarette smoke
youjin.low - Liu I-Chun9 hours 5 min agoSecond-hand cigarette smoke drifting into residences is a problem that only long-term
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
US weekly jobless claims fall as labor market strength continues
Andrew Hammond - The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong.
2 days ago
COI public hearings on SingHealth cyber attack to begin on Sept 21
youjin.low - 9 hours 24 min agoSINGAPORE — The first public hearing conducted by the Committee of Inquiry (COI) look
2 days ago
Trump says OPEC 'monopoly' must get prices down
Andrew Hammond - U.S. President Donald Trump linked American support for Middle Eastern countries to oil prices on Thursday as he again urged OPEC to lower prices.
2 days ago
‘Strong’ response against deliberate online falsehoods needed to safeguard national security and sovereignty
youjin.low - Alfred Chua9 hours 38 min agoSINGAPORE — Highlighting the seriousness of the threat of online falsehoods, the Sele
2 days ago
Under fire Danske Bank faces fresh money laundering inquiry
Andrew Hammond - Danske Bank faced a new Danish money laundering inquiry on Thursday as political anger spread over a scandal involving 200 billion euros (US$234 billion) in payments, many of which were suspicious, through Estonia.
2 days ago
Nestle aims to shed skin unit to focus on food, nutrition
Andrew Hammond - Nestle said on Thursday it was exploring strategic options for its skin health business, saying it believes the unit might be better off outside of the Swiss food maker.
2 days ago
S’porean woman fined almost S$33k for failing to declare luxury goods purchased from France
youjin.low - 10 hours 18 min agoSINGAPORE — A 42-year-old Singaporean woman was fined more than S$32,890 on Thursday
2 days ago
BlackRock completes acquisition of strata office units in Prudential Tower
Nisha Ramchandani - A PRIVATE real estate fund managed by BlackRock has acquired seven strata office units in Prudential Tower about S$130 million from consortium Epic Land.
2 days ago
Various forms of discrimination against LGBTQ individuals reported to support groups
youjin.low - Leow Yangfa, Executive Director, Oogachaga10 hours 41 min agoI refer to the report, "No discrimination against LGBTQ community at work, in ho
2 days ago
Jawala turns in stronger profits in FY18
Nisha Ramchandani - BOOSTED by higher revenue, Malaysian sustainable timber company Jawala Inc chalked up a profit of RM7.54 million (S$2.49 million) in FY18, up from RM1.74 million a year ago.
2 days ago
Hong Leong Finance files winding-up petition against Triyards
Tan Hwee Hwee - HONG Leong Finance has served a winding-up petition on the yard operating arm of Ezra Holdings, Triyards.
2 days ago
Australia supermarket bans needles amid strawberry crisis
Andrew Hammond - SYDNEY: Sewing needles were taken off the shelves at a major Australian supermarket chain on Thursday (Sep 20) amid a national panic over sharp objects being found inside strawberries and other fruit. Police nationwide have received reports of more than 100 alleged incidents of pins and needles ...
2 days ago
TODAY's evening brief for Thursday, Sept 20
asyrafkamil - 11 hours 17 min ago
2 days ago
LVMH watches head Biver to drop operations role
Andrew Hammond - Jean-Claude Biver is dropping his operational responsibilities as the head of LVMH's watch division, he told Reuters over the phone on Thursday, confirming media reports.
2 days ago
Japan PM Abe wins extended term, faces Trump trade challenge
Andrew Hammond - Prime Minister Shinzo Abe won a ruling party leadership vote on Thursday, setting him on track to become Japan's longest-serving premier and try to cement his legacy, including by revising the pacifist constitution.
2 days ago
Singapore set to tackle spread of fake news with new laws
Bloomberg - (Sept 20): Singapore will likely adopt strong laws empowering the government to swiftly disrupt the spread of fake news following the release of a parliamentary report today. Among the 22 recommendations contained in the nearly 300-page report was a call for legislation to halt the viral spread of f ...
2 days ago
Lime's next stop in scooter global expansion: Florida and Austria
Andrew Hammond - Scooter- and bike-rental startup Lime is expanding to dozens more cities this year, its CEO said, leveraging the hundreds of millions of dollars in funding it has raised in an effort to dominate the North American and European markets.
2 days ago
Hundreds queue outside Apple store at Orchard Road a day before launch of new iPhones
Andrew Hammond - SINGAPORE: Apple mania is in town again. Hundreds were in line outside the Apple store along Orchard Road on Thursday afternoon (Sep 20), one day before the launch of the iPhone XS as well as XS Max. But unlike the pushing and shoving seen last year when the iPhone X was launched, the queue this ...
2 days ago
Repeat offender topped up ez-link cards with stolen credit card details, pocketed S$13k in refunds
youjin.low - Louisa Tang12 hours 9 min agoSINGAPORE — After pocketing some S$13,000 from an ez-link cards scam, Mohammed Faizal
2 days ago
Singapore shares close 0.1% higher on Thursday
Rachel Mui - SINGAPORE stocks ended marginally higher on Thursday, with the Straits Times Index advancing 3.86 points, or 0.1 per cent to 3,180.43.
2 days ago
Najib pleads not guilty to 21 counts of money laundering, 4 counts of abuse of power; bail granted at RM3.5 mil
Samantha Chiew - SINGAPORE (Sept 20): Former Malaysian prime minister Najib Razak was today hit with a total of 25 charges in court. The 21 counts of money laundering and four counts of abuse of power are related to the misappropriation of state funds from 1Malaysia Development Berhad (1MDB). Najib pleaded not guilt ...
2 days ago
China shrugs off trade war 'obstacles'
Andrew Hammond - BEIJING: Chinese officials are shrugging off warnings that the trade spat with the United States could slash the country's economic growth, with state-run media saying Beijing can "outlast" the tariffs war. Donald Trump this week announced another US$200 billion worth of goods on which to foist ...
2 days ago
World stocks rise as trade relief bounce continues
Andrew Hammond - A bounce in world stocks in relief that the fresh U.S. and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday, although investors remained wary about the next steps in the US-Sino trade war.
2 days ago
Japan clothing magnate Maezawa chases spot in business firmament
Andrew Hammond - Japanese fashion billionaire Yusaku Maezawa's first meeting with role model and SoftBank Group Corp boss Masayoshi Son came in 2010 when they bathed together - a popular communal activity in Japan - on the 26th floor of the tech giant's headquarters.
2 days ago
EU says Facebook must comply with EU consumer rules by end-2018 or face sanctions
Andrew Hammond - Europe's justice chief gave U.S. social media giant Facebook until the end of the year to comply with EU consumer rules or face sanctions.
2 days ago
Lawsuits against minorities may impede meaningful discourse, warns SGX
Anita Gabriel - THE Singapore Exchange’s chief regulator urged companies to resist taking an “overly legalistic” approach in dealing with shareholders and warned that such actions could have a “chilling effect” on robust company-shareholder engagement.
2 days ago
China urges US to show sincerity, correct behavior in trade actions
Andrew Hammond - BEIJING: China hopes the United States will show sincerity and take steps to correct its behavior, its commerce ministry said on Thursday (Sep 20), after both countries slapped new tariffs on each other's goods this week in an escalating trade war. China has been forced to take retaliatory ...
2 days ago
Singapore panel recommends regulation of tech firms over fake news
Reuters - SINGAPORE (Sept 20): A Singapore parliamentary committee said on Thursday the government should consider legislation to ensure technology companies rein in online fake news and that perpetrators are punished. The committee, set up to make recommendations on fighting "deliberate online falsehoods", s ...
2 days ago
UK and EU swap jibes and point fingers as Brexit clock ticks
Bloomberg - (Sept 20): European and UK leaders exchanged warnings that time is running out to seal an agreement on Brexit and offered no indication they can break the deadlock less than two months before the deal is due to be completed. At a summit in Salzburg, Austria, European Commission President Jean-Claude ...
2 days ago
Select Committee proposes wide-ranging measures to counter online falsehoods, including new laws and criminal sanctions
asyrafkamil - Faris Mokhtar13 hours 47 min agoSINGAPORE — After more than eight months of work, the committee set up by the Governm
2 days ago
Hold alternative news sites to same journalistic standards as mainstream media: Select Committee
asyrafkamil - Faris Mokhtar13 hours 47 min agoSINGAPORE — Alternative news sites should have the same professional journalistic sta
2 days ago
No weight given to historian Thum Ping Tjin’s views and he 'clearly lied' about credentials, says committee
asyrafkamil - Faris Mokhtar13 hours 47 min agoSINGAPORE — Singling out Singaporean historian Thum Ping Tjin as not a “credible repr
2 days ago
Chinese cyber spies target Taiwan's leader before elections
Bloomberg - (Sept 20): Taiwan is bracing for an onslaught of cyber attacks from mainland China ahead of local elections in November intended to undermine a president who has defied Beijing’s efforts to bring the democratically ruled island under its control. China, along with Russia and North Korea, may be in ...
2 days ago
Man jailed and fined for making explosive, smoking cannabis
youjin.low - Louisa Tang14 hours 13 min agoSINGAPORE — A homemade explosive, live ammunition, a packet of cannabis, and an airso
2 days ago
SGX leads $53m investment in NY-based electronic trading startup Trumid
Mars Woo - The startup, backed by venture capitalist Peter Thiel and hedge fund pioneer George Soros, said it is further scaling up its US corporate bond business with the latest fundraising. The post SGX leads $53m investment in NY-based electronic trading startup Trumid appeared first on DealStreetAsia.