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Pioneer in groundwater research wins Lee Kuan Yew Water Prize

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A TOP hydrogeologist from Canada who has pioneered work in groundwater is this year's winner of the prestigious Lee Kuan Yew Water Prize.



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China's debt mountain is set to get even bigger

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CHINA'S debt burden is only going to get bigger. Total borrowing has grown rapidly to reach about 250 per cent of gross domestic product (GDP) last year, raising concerns about runaway credit. But pressure to meet unrealistic economic growth targets will delay any sustained effort to bring debt back down.



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More banks may cut back on office space amid weakening outlook

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BANKS look set to continue shedding excess office space in Singapore amid a cautious business outlook.



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Existing home sales in February down more than forecast

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SALES of previously owned US homes dropped more than forecast in February after reaching the second-highest level since 2007 as low inventory levels continue to limit progress in housing.



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CREC plans US$2b centre in Bandar Malaysia

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CHINA Railway Group Ltd (CREC) will invest US$2 billion to build a regional centre in Bandar Malaysia which is expected to be followed by other multinational companies, particularly Chinese-owned, as Putrajaya seeks to squeeze the most out of its largest remaining landbanks in Kuala Lumpur.



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IHS buys Markit to form US$13b business research provider

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US-BASED IHS Inc agreed to buy Markit Ltd to create a US$13 billion London-based data and business research provider, in the latest example of a US company moving its domicile overseas where corporate tax rates are lower.



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There's a parallel between Trump and Reagan but it ends soon enough

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WITH your permission, let me take a stroll down memory lane. It was 1980 and I was enrolled in the prestigious Columbia University's School of Journalism in New York City, and together with my classmates I was taking part in my first Big Time political journalism undertaking: Covering the Republican presidential primary race in New Hampshire.



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PAP to field top lawyer in Bukit Batok by-election

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HAVING spent more than 16 years as an activist in Bukit Batok, Murali Pillai hopes the residents there will give him their vote at the upcoming by-election in the single-member constituency.



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China bank regulator tells lenders to rein in risks

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CHINA'S banking regulator has urged lenders not to pay out extraordinary dividends and to limit their local government debt exposure, two people with direct knowledge of the matter told Reuters on Monday.



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FundedHere is first equity-based crowdfunding platform to get full nod from MAS

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THE dawn of securities-based crowdfunding has finally come to Singapore – after FundedHere on Monday said that it has been given the green light by the Monetary Authority of Singapore (MAS) to run the first equity and debt crowdfunding platform here.



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