Bizview: Today's top business news
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A file picture of the skyline of the central business district in Singapore. PHOTO: REUTERS
Singapore's consumer price index in August is expected to have declined from a year earlier for the 10th straight month, a Reuters poll showed on Monday (Sept 21), weighed down by lower COE prices and falls in housing costs.
Three new firms that entered the Straits Times Index (STI) on Monday (Sept 21) have so far today bucked the market's downtrend to notch gains. The shares of the three new entrants UOL Group, Sats, Yangzijiang Shipbuilding Holdings were up.
A home-building frenzy that is shoring up Australia's economy as the mining boom ends may also be what finally takes the steam out of one of the world's most expensive property markets.
If you are running a family business in Singapore, good luck trying to get your children to join you. A survey by Ernst & Young (EY), carried out with the University of St Gallen Centre for Family Business, found that only 3.8 per cent of Singapore students who are potential successors in family businesses would join the company five years after their studies.
China's economy isn't as weak as it may look, according to a private survey that says it's a myth that the nation's slowdown is intensifying.
Britain and China have agreed to carry out a feasibility study for a stock exchange connect scheme between bourses in London and Shanghai, according to a document issued by the British Finance Ministry in Beijing on Monday (Sept 21).


