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Mellow about gold's prospect
Gold makes a tempting hedge in troubled times.With uncertainty over Greek debt, turmoil in Ukraine and rising volatility in equity markets, it is little wonder that investors are again asking whether...
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Economist's faith in oil price rebound vindicated
OIL prices have been climbing steadily since the end of January, a rebound that has brought some cheer to TAC Economics chairman Thierry Apoteker.Not because the chief economist of the French-based...
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Legal eagle never too busy for his passions
MOST people would probably feel exhausted merely looking at Mr Philip Jeyaretnam's typically packed schedule.Most days, the renowned lawyer - and acclaimed author - races from meetings and...
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Creative to a tea
Back in 2001, home-grown tea brand Gryphon Tea Company's founder Lim Tian Wee knew nothing about the beverage.He failed miserably when put to the test by his father Lim Keng Tong, the third-generation...
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Warren Buffett drinks 5 cans of Coke every day
Many nutritionists argue that breakfast is the most important meal of the day, and that a power breakfast is the secret to keeping one fully charged throughout the day.For the world's most successful...
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Malaysia Airlines to trim capacity
More than a tenth of Malaysia Airlines' (MAS) capacity will be cut this year as the national carrier focuses on more profitable domestic routes and regional ones in ASEAN and the Asia-Pacific.More...
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S'pore again leads Asia in real estate investment
Singapore investors led the region in real estate investments in 2014 with US$11.9 billion (S$16.2 billion) worth of properties acquired across the world, a 26.6 per cent increase from 2013, said CBRE...
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Goldman S'pore investor bank team down by a third
Goldman Sachs Singapore's investment banking team has shrunk by about 30 per cent after the departure of 15 people.The team had about 45 people but is now down to 30, a source said, adding: "It...
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MAS turnaround takes off with Khazanah's $603m boost
SOVEREIGN wealth fund Khazanah Nasional said yesterday it will kick-start the immensely challenging task of turning around flag carrier Malaysia Airlines (MAS) with a RM1.6 billion (S$603 million)...
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Chinese rate cuts, Greek bailout news may lift STI
News that Germany has backed a Greek bailout extension and China's move to cut interest rates for the second time in three months to revive a slowing economy should serve as tailwinds for the Singapore...
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Private resale prices fall further
RESALE prices of private homes continued to cool in January, falling at their fastest pace in at least two years.Experts say the lack of buying activity leading up to the end-of-year festive season may...
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Qualifying Certificate scheme: Time for review
SOME property developers have turned to creative restructuring over the past few months to escape hefty penalties for their unsold private homes.They have sold those homes to a subsidiary, or gone to...
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Singaporeans top real-estate buyers among Asians
INVESTORS from Singapore remained Asia's biggest buyers of international real estate last year as capital outflows from the region hit a record.Asian investors shelled out US$40 billion (S$54.5...
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How S'pore, HK will tackle same challenges
THE Hong Kong and Singapore Budgets released last week highlight some long-term economic challenges facing both cities and how their respective governments differ in their policy response, Fitch...
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United Engineers' net profit up 5 per cent
A full year's recognition of results from an acquired unit lifted diversified property and engineering company United Engineers' (UE) earnings.Net profit for the full year ended Dec 31 rose 5 per cent...
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MPs concerned about rise in govt spending
Concerns that the rising trend of government spending is unsustainable and may breed an attitude of entitlement among Singaporeans were aired frequently in yesterday's Budget debate.While several MPs...
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Scheme to help elderly poor 'should leave no one behind'
Who should qualify for the new Silver Support Scheme, which gives lifetime cash payouts to the elderly poor, was a question that cropped up repeatedly in Parliament yesterday.At least 10 MPs spoke...
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Shift in Budget approach in right direction: WP
Workers' Party chairman Sylvia Lim welcomed the shift in approach in this year's Budget, but said it stemmed from the Government being too calculating in the past and now wanting to set things right.In...
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Right balance struck to help grow small innovative firms
As an intellectual capital practitioner keen to support the rise of small innovative enterprises (SIEs), I believe the 2015 Budget strikes a right strategic balance that will bolster overall industry...
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Zooming ahead with technology
It is no longer enough for small and medium enterprises (SMEs) to work hard these days - it is now imperative to work smart. More companies are now seeing the advantage of leveraging on technology to...
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