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RHB, CIMB, MBSB seek to merge
PETALING JAYA- Just as the market was heading towards a period of listless trading due to the World Cup and prevailing cautious sentiments, trading in three financial institutions are being suspended...
View ArticleJudge has yet to review other PwC arguments for dismissal
NEW YORK- A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion (S$1.24 billion) lawsuit accusing the auditor of providing bad accounting advice that contributed...
View ArticleChina-US investment treaty on fast track
Negotiations for an investment pact between China and the United States are expected to make what one official called "a breakthrough", which would help shape investment activities between the world's...
View ArticleBeijing promises foreign CEOs better trade climate
China will further its opening-up and reform policies to provide more opportunities for multinational companies, Premier Li Keqiang told visiting corporate executives of some Fortune Global 500...
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DBS Group prices notes due 2019
SINGAPORE - DBS Group Holdings on Thursday priced the issue of US$750 million fixed rate senior notes due 2019, and US$500 million floating rate senior notes due the same year.Get the full story from...
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HDB resale prices fall 0.6% in June to new 2-year low
SINGAPORE - Resale prices of Housing Development Board (HDB) flats dropped for a fifth consecutive month in June, slipping 0.6 per cent compared to May - marking a new two-year low since April 2012.Get...
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Sustainable seafood is no fishy business
When seafood supplier Global Oceanlink started casting about for a business strategy to give it an advantage over its competitors, it reeled in a fresh idea - a sustainably-sourced food chain.Operation...
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Older workers more private than younger ones: Survey
Younger workers are more likely than their older counterparts to talk to colleagues about personal issues such as their salaries and relationships, a new survey has found.A business networking website...
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S'pore current account surplus to GDP ratio one of the world's largest
Singapore still boasts one of the world's largest current account surpluses in relation to its gross domestic product (GDP), despite the weaker global economic conditions.Minister for Trade and...
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You won't believe the view from this home!
This multi-million dollar penthouse apartment on Sentosa Cove comes with equally impressive views.Every space in the home is oriented to face a breathtaking view of the sea, so it was a challenge...
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Markets quiet amid World Cup cheers
Another World Cup semi-final overnight meant another muted day for local shares yesterday, as traders kept their attention on the action in Brazil.The Straits Times Index was little changed at the end...
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Adult educators to get free Web courses
SHE used to stay in the office late, as that's the only way she could get her dose of professional learning. But now, adult educator Linda Ng can access courses from home with her tablet, instead of...
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How to move forward by taking a step back
If you're having trouble laying out your goals for the future, taking a step back from the hustle and bustle of your life could help.This would help you get a better perspective of your goals, because...
View ArticleResale flat prices hit two-year low
Prices of resale Housing Board flats fell for the fifth consecutive month, a new two-year low since April 2012, according to flash estimates released by the Singapore Real Estate Exchange yesterday.HDB...
View ArticleSouth Korea’s central bank cuts growth forecast
South Korea's central bank on Thursday cut its growth projections for the country's economy this year to 3.8 per cent from its initial forecast of 4.0 per cent, and left interest rates unchanged for...
View Article'Bamboo ceiling' hampering Asians in Australia
SYDNEY - A "bamboo ceiling" exists in Australia for Asians entering positions of power in business, education and politics, the country's race discrimination commissioner has suggested.Tim...
View ArticleHsieh Fu Hua to replace JY Pillay as Tiger Airways chairman
SINGAPORE - Chairman of Tiger Airways Holdings Mr JY Pillay, 80,will be retiring at the company's Annual General Meeting on July 31. He will be succeeded by Mr Hsieh Fu Hua, who also acts as Chairman...
View ArticleSPH REIT’s 3Q FY14 Distribution of 1.35 cents exceeds forecast by 3.1%
SINGAPORE – SPH REIT’s income distributable to unitholders was $33.9m for the third quarter ending May 31.This translates to a distribution per unit (DPU) of 1.35 cents for 3Q FY14, an increase of 3.1...
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Balmoral luxury freehold project up for bulk sale
All 48 units at a freehold condominium in the upscale Balmoral area near Orchard were put up for bulk sale yesterday - a strong sign of the lack of buyer interest in the luxury homes market.The...
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