Venezuela's Maduro in OPEC kingpin Saudi for talks
RIYADH - Venezuelan President Nicolas Maduro has arrived in OPEC's leading oil producer Saudi Arabia, state media reported on Sunday, after he visited Iran to discuss the impact of plummeting crude...
View ArticleFull occupancy at 9 of Keppel Reit's 11 office towers
SINGAPORE - Nine of Keppel Reit's 11 completed office towers in Singapore and Australia have achieved full occupancy.This includes Bugis Junction Towers, Marina Bay Financial Centre (MBFC) Towers 1 and...
View ArticleMind the gap in multi-speed world economy after oil plunge
WASHINGTON/NEW DELHI - Robust recovery in the United States, a moribund euro zone and slowing Chinese growth reflect global splits which plunging oil prices are likely to widen.On the face of it, lower...
View ArticleForeign investors in red-hot London property market force locals out
LONDON - Tough foreign competition in the London commercial property market is forcing local investors to invest in regional cities to tap rising rents there, with many making purchases privately to...
View ArticleJapan readies record $1.06 trillion 2015-16 budget, curbs bond sales: Sources
TOKYO - Japan's government will propose a record budget for next fiscal year of more than US$800 billion (S$1.06 trillion) but cut borrowing for a third year, government officials said on Sunday, as...
View ArticleChina's Alibaba to buy $735.5m stake in Indian online payment firm: Sources
MUMBAI - China's Alibaba Group Holding Ltd and its unit Alipay are in advanced talks to buy a stake for about US$550 million (S$735.5 million) in India's One97 Communications, which owns an online...
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Empowering the young
When Terry Matthews sits down in the exalted company of people who own famous golf courses, he has a line that can't be beaten. He says: "I bet your golf course never had a fighter plane parked on the...
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Malaysia - Southeast Asia's biggest sovereign debt risk?
HONG KONG - The cost of insuring Malaysian sovereign debt has risen the most this year compared with that of its Southeast Asian peers as state investor 1MDB's financing woes grew and concerns deepened...
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S'pore, HK impose highest property tax on foreigners
SINGAPORE - When investors buy an overseas property, they look not just at total returns but also at liabilities - especially taxes on acquisition, holding, and exiting.A Knight Frank analysis report...
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Misgivings about corporate giving
When companies provide cash and assistance in the wake of a natural disaster, make grants to charitable organisations or set up a foundation of their own, the first question on many people's minds...
View ArticleChinese stocks fall for third day
Chinese stocks fell for a third day, the longest losing streak since November, amid concern that rally of the world's best performing market over the past year has been excessive. The benchmark...
View ArticleAlibaba, S Korea city in talks for $1.2b joint investment: Paper
SEOUL - China's Alibaba Group Holding Ltd is in talks with the South Korean city of Incheon for a 1 trillion won (about S$1.2 billion) joint investment on a new business complex, the Dong-A Ilbo daily...
View ArticleTax professionals want a financially efficient and rational Budget 2015
The Singapore Institute of Accredited Tax Professionals (SIATP) has called for the Budget 2015 to be one that talks cents as well as makes sense.Feedback was gathered from SIATP's members, comprising...
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SPH REIT's 1Q 2015 Distribution of 1.33 cents increased 2.3 per cent...
SINGAPORE - SPH REIT Management Pte. Ltd. ("SPH RM" or the "Manager"), the Manager of SPH REIT, reported that SPH REIT's distribution to unitholders was $33.5m for the first quarter ended Nov 30, 2014...
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Hong Kong's key index rises on tycoon Li's corporate revamp plan
Hong Kong's key share index edged up on Monday, lifted by the business restructuring plan announced late on Friday by Li Ka-shing, Asia's richest man.Li plans to split his conglomerate into his two...
View ArticleEuropean shares fall as oil slump hits energy stocks
PARIS - European stocks fell in early trading on Tuesday, with the relentless drop in oil prices fuelling worries over the prospect for corporate profits in the energy sector.At 0803 GMT, the...
View ArticleUK inflation plummets to 13-year low in December
LONDON - British consumer price inflation plummeted last month to its lowest level since May 2000, further easing a squeeze on consumers and leaving the Bank of England under no pressure to raise...
View ArticleEx-DJ Glenn Ong joins hospitality firm as director
SINGAPORE - Former radio presenter Glenn Ong has joined Singapore-based hospitality consulting firm CIR VIS as a director to assist with its business development in the region.Mr Ong announced last...
View ArticleRouhani says Iran will weather falling oil prices
TEHRAN - President Hassan Rouhani said Tuesday that Iran would withstand the economic pain of falling oil prices, suggesting Saudi Arabia would suffer more in the long run from the current slump. Iran...
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