Google’s reshuffle of executives underscores its growing ambitions
SAN FRANCISCO - Google Inc's reshuffle of its senior ranks underscores the Internet company's evolving business ambitions, analysts say.Four years after co-founder Larry Page took the reins back as...
View ArticleMicrosoft to cut 18,000 jobs this year as it chops Nokia
Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 per cent of its workforce, over the next 12 months as it almost halves the size of its newly acquired Nokia phone business and...
View ArticleGDP growth of 7.5 per cent in range, Chinese premier says
China could realise GDP growth this year of 7.5 per cent or even higher, Premier Li Keqiang said at a seminar with economists on Tuesday."As long as the growth generates jobs and income, as long as the...
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NODX slides for a second month
SINGAPORE - The hoped-for trade recovery in the second half grows dimmer as Singapore's non-oil domestic exports fell last month for a second straight month.The NODX tumbled 4.6 per cent from a year...
View ArticleGoogle profit up as chief business officer steps out
SAN FRANCISCO - Google reported Thursday that its quarterly profit rose with a jump in revenue and released word that its chief business officer was leaving the company.High-profile executive Nikesh...
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Types of homes that cost US$1 million across the world
Singapore has been experiencing a challenging property market since the start of 2014. As a result, those who have been looking to sell their homes or buy new ones have found themselves caught between...
View ArticleCenturion, M&L home in on Britain
LISTED dormitory operator Centurion Corporation has unveiled its maiden foray into Britain, with plans to buy three student accommodation facilities in Manchester and another one in nearby...
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SMRT to market rail expertise overseas
LISTED company SMRT Corp, which has been grappling with the problematic rail system it operates here, has set up a subsidiary to market rail engineering expertise overseas.Singapore Rail Engineering...
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START SINGAPORE
ONLINE grocery store Redmart will start selling fresh foods like seafood, dairy and vegetable later in the year.The three-year-old start-up has raised an additional US$23 million (S$28.6 million) from...
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S'pore must 'tack sails as needed to ride on China's growth'
SINGAPORE has grown and prospered because of its ability to tack the nation's sails according to the winds of change, said Emeritus Senior Minister Goh Chok Tong yesterday.And the Republic must...
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Factory output expected to pick up towards year's end
FACTORY output growth is expected to remain sluggish over the next few months on the back of still-weak overseas demand.However, manufacturers, particularly those in the electronics industry, told The...
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Rules keeping investors away
THE Society of Remisiers (Singapore) concurs with most of senior correspondent Goh Eng Yeow's views and assessments ("Striking the right balance on regulations"; July 7).Many retail clients were...
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Watching the shadow banks
THE Chinese trust company that nearly caused a "Lehman moment" for China earlier this year was in the news this month for another possible default - raising jitters once again about the world's...
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Spring Grove eyes record $1.39b collective sale
A LACKLUSTRE property market is not deterring residents of Spring Grove condominium in upscale Grange Road from making an attempt at a collective sale with a record $1.39 billion price tag.If...
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31 things you didn't know about Uniqlo
With a total of 859 stores around the world, Uniqlo is undeniably one of the largest clothing brands today.It is hard to believe that the store started as a single clothes shop in a small Japanese city...
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HDB launches 3,841 flats, announces tapering of BTO flat supply
SINGAPORE - The Housing and Development Board (HDB) has launched today 3,841 new flats in six projects located in non-mature estates such as Punggol, Sembawang, Woodlands and Yishun, and mature estate...
View ArticleSwitzerland's Swatch to open stores in India: Report
NEW DELHI - Swatch has applied to set up stores in India, a report said Saturday, as the Swiss-based watchmaker moves to tap a growing and increasingly accessory-conscious consumer class.Swatch, with...
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Poor June export figure clouds full-year growth
Downbeat export numbers released yesterday have got the experts anticipating a rocky road ahead for the Singapore economy.Non-oil domestic exports (Nodx) - the main gauge of shipments from here -...
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Developer loses suit against couple over building of lofts
A condominium developer has lost a bid for damages of about $760,000 from a couple whom it claimed had built two unauthorised lofts in their penthouse apartment.The High Court, in a written judgment...
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Slow progress on insurance reform
A key reform that will let consumers buy basic insurance products directly instead of having to use an agent looks likely to be delayed. Insurers were supposed to open direct sales channels for such...
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