Financial firm lowers HTC target price after weak sales
TAIPEI- With worse-than-expected sales of HTC's flagship One M8, financial firm Canaccord Genuity has lowered the smartphone maker's target price from NT$145 (S$6.00) to NT$130.The HTC One M8 is...
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Private home resale prices fall 1.4% in June to hit 18-month low
SINGAPORE - Resale prices of private homes fell further in June to hit their lowest point in 18 months, even though the number of units resold picked up.Get the full story from The Straits Times.Here...
View ArticleIncrease in prices after GST a one-off, says Malaysia Customs
KUALA LUMPUR- The Customs Department has conducted a simulation exercise to test the impact of the goods and services tax (GST) and found that traders have no reason to increase price...
View Article230 Japan organisations treated foreign trainees unjustly
A total of 230 organizations that accepted trainees from foreign countries on a government-sponsored technical training program for foreign nationals took advantage of them last year by failing to pay...
View ArticleBarclays names Kwan co-head of investment banking Asia-Pacific
Barclays Plc has named Patrick Kwan and Reid Marsh as co-heads of investment banking in the Asia-Pacific region, according to an internal memo seen by Reuters on Monday.Kwan, currently head of global...
View ArticleLand at King George's Avenue to be developed for public housing
SINGAPORE - A 1.23 ha plot of land at the junction of Syed Alwi Road and King George's Avenue will be developed for public housing, the Housing Development Board (HDB) said on Monday.The land is zoned...
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Photographer lets money go to seeds
Commercial photographer Charlie Lim has a collection of most unusual assets.They are seed carvings - intricate works of art carved onto seeds ranging in size from 1cm long to palm-size. The seeds...
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Shares 'attractive even after 5-year rally'
Shares have staged an impressive recovery since the dark days of 2008 and the global financial crisis, but they still have plenty of life in them, according to a global banker.Mr Angus Parker, the...
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Spending more does not make you happier
I make no claims to being the next Eric Clapton but I dusted off my old guitar recently and started playing and singing again.To be honest, my guitar "skills" are limited to clumsily strumming only the...
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Game changer in the jobs market
The newly launched Jobs Bank looks set to be a game changer in terms of the convenience it offers employers, recruitment firms and job-seekers.With only Singaporeans and permanent residents able to...
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Private home resale prices at 18-month low
The resale prices of private homes here have fallen to an 18-month low despite a small pickup in the number of units sold.Compared to May, prices fell 1.4 per cent last month with declines across all...
View ArticleSTI dips on Q2 report and World Cup ennui
Singapore stocks ended lower yesterday, after a report showed its economy turned in a weak second-quarter performance as manufacturing slumped, hurt by a tighter labour supply.The Straits Times Index...
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Jobs Bank kicks off with 16,000 positions
THE national Jobs Bank has been officially launched with more than 16,000 open positions, a strong start comparable to some private employment websites.About half of the jobs advertised thus far are...
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Be more productive at work
Do you feel yourself struggling to produce the best results with the number of hours you have in a day?Before blaming it on your workload, consider the possibility that you simply are not being...
View ArticleAustralian financial inquiry warns on housing boom
SYDNEY - An inquiry into Australia's financial system highlighted in a report Tuesday the risks its booming housing sector has on economic stability and perceptions its major banks are "too big to...
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Singapore retail sales slide 6 per cent in May from a year ago
According to data released by the Department of Statistics (DOS) on Tuesday, retail sales inched up 0.1 per cent when motor vehicles sales, which sank 26.8 per cent, were excluded.Get the full story...
View ArticleLacklustre trading over property concerns
Singapore shares continued to drift sideways amid slightly improved turnover, weighed down by concerns over escalating Russia-Ukraine tensions and lacklustre local property sales.The benchmark Straits...
View ArticleFitch flags risks in merger of Malaysian lenders
Ratings on Monday warned that a proposed merger between CIMB Group, RHB Capital and non-bank lender Malaysia Building Society (MBSB) posed challenges and risks for the new group amid a complex...
View ArticleYahoo to keep more of Alibaba, share half of IPO proceeds
SAN FRANCISCO - Yahoo Inc pledged to pay its shareholders at least half the proceeds from Alibaba Group Holding Ltd's IPO-BABA.N mega-IPO this fall, and plans to keep a larger stake in the Chinese...
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