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Another bank in S'pore linked to 1MDB controversy
SINGAPORE-based banks' involvement in the 1Malaysia Development Bhd (1MDB) controversy may not just be limited to Swiss wealth bank BSI Singapore, but could also involve British bank RBS...
View ArticleHuawei powers ahead with strong R&D focus
It took 30 years for the Guangdong city of Shenzhen, the nation's first special economic zone, to rise from a backwater to become one of the most vibrant economies.Tens of thousands of enterprises in...
View ArticleChina premier says economy faces growing downward pressure
BEIJING - China's economy faces increased downward pressure, the premier has said, as the country prepares to announce first-quarter economic growth.The government must "stand up to the downward...
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Penthouse in Ardmore Park area fetches $51m
The only penthouse at luxury project Le Nouvel Ardmore has been sold for $51 million, in what may be a record here since at least the global financial crisis.The identity of the buyer of the unit in...
View ArticleShanghai tops New York as IPO leader
Shanghai has edged out New York to become the global leader for new company listings during the first quarter after raising 33.4 billion yuan (S$7.3 billion).A report from accountants Deloitte Touche...
View ArticleSingapore Q1 GDP seen slowing, weakness in manufacturing hurts
SINGAPORE - Singapore's economic growth is forecast to have slowed sharply in the first quarter as the manufacturing sector faced headwinds from sluggish global demand, a Reuters poll showed on...
View ArticleToyota to build plant in China in investment splurge
TOKYO - Toyota is planning to build a new plant in northern China as the world's top automaker ramps up investment after a two-year freeze, reports said Saturday.Proposals for the plant in Tianjin -...
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A bold move
Large colourful paintings, statement-making furnishings and hypnotic patterned tiles come together to create beautiful, dramatic interiors in this home.Who: A bachelor in his 40s and his two catsHome:...
View ArticleIncrease coffers with foreign investment, goverment told
KUALA LUMPUR: PAS president Datuk Seri Abdul Hadi Awang has called on the Government to increase the country's revenue, not by burdening its citizens with the Goods and Services Tax but by luring...
View ArticleKeeping aside some money for your retirement
PETALING JAYA: Your ringgit has shrunk. To make matters worse, the onset of the GST has given the RM1,500 (S$560) in your pockets effectively much less purchasing power.So, what do you do? Start saving...
View ArticleChinese demands, rebels and Buddhist ruins stall Afghan copper dream
Afghanistan - China and Afghanistan remain deadlocked over a stalled $3 billion (S$4.1 billion) copper mine five months after Beijing demanded royalties be slashed by almost a half, underlining Kabul's...
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5 tricks that make you more likely to get a pay raise
Where I used to work, the employees who got raises were always the same ones - year in and year out. For everyone else, the response to a raise request was just a YouTube video of the boss laughing for...
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How long does it take before your credit score looks good again?
So, your credit history has been dented by recent late repayments coupled by not paying off balances due in full. You have overextended yourself and are wondering when your credit score will look good...
View ArticleThai beauty sector looks set for rosy future
Ketmanee Lertkitcha, chairwoman of the Federation of Thai Industries' Cosmetics Industry Club, who is also president of the Thai Cosmetic Manufacturers Association, said the beauty industry had managed...
View ArticleFinancial industry lobby seeks longer Seoul bourse trading hours
SEOUL - Trading hours at the South Korean stock market should be extended by an hour at least so that they overlap with other regional markets to encourage more foreign investment, the head of the...
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More opt to give up thousands in deposits
More Housing Board second-timers, worried about getting a poorer deal when selling their current homes, are choosing to forfeit thousands of dollars in deposits instead of collecting keys to their new...
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A sweeter way to buy plain vanilla insurance policies
How much insurance protection is enough? On average, say experts, you should take your annual income and multiply it by 10.A 2013 Ministry of Manpower survey found that the gross median annual income...
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Keen on a home away from home?
Properties near and far are available to Singapore buyers this weekend and next. Stephanie Heng checks them out.Kensington Square, LondonCentral London developer Residential Land, in conjunction with...
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In the business of teaching kids about money
Growing up was a challenging time for Ernest Tan with his parents arguing over money matters day in and out.His family was not well-off, and his father knew nothing about managing finances, which made...
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