The Business Times, 21 February 1987
1987-02-21
1
16
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section13 1987-02-21 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, February 21-22, 1987 75 CENTS13 words
-
Article, Illustration196 1987-02-21 1 Exchanga rates THE S$ closed higher at $2.1440/50 ($2.1500/10) against the US$ on the forex market yesterday. It also want up to $3.2728/64 ($3.2744/81) against the The local unit was steady against the M$, but fell against the DM and yen. US$: 153.80/90 yen, 1.8305/15 DM, USSUSS1-5260/70196 words
-
536 1987-02-21 1 HOMER CHEN - Firm comes out of Pan-El fiasco with clean hands By HOMER CHEN STOCKBROKING FIRM J Ballas Co yesterday repaid the entire $9.34 million it owed to the $180 million lifeboat fund set up by the Big Four banks536 words
-
463 1987-02-21 1 SIM LIM INVESTMENTS LTD (SLI), controlled by the Soon family, has cancelled its proposed $20 million two-for-three rights issue at $1 par for each new share. Instead, SLI is proposing to sell one of its loss-in-curring subsidiaries and issue new shares. The463 words
-
Article, Illustration326 1987-02-21 1 THE SINGAPORE share market, fast catching up with heated bourses elsewhere, soared on record volume yesterday, driving the popular indices to just a whisker away from their highest levels. Buying was fuelled by local and foreign institutions which continued to show steady interest in326 words
-
503 1987-02-21 1 Reuter JAPAN yesterday slashed its key interest rate to a record low in a bid to secure international agreement on measures to halt a further dollar fall. The Bank of Japan said it is cutting its discount rate 0.5 of aReuter - 503 words
-
Page 1 Advertisements
-
Advertisement249 1987-02-21 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM INSIDE OUR VIEW IN A FRENCH POLL on attitudes to money, 48 per cent of communists said they would like to be very rich. It was a strangely honest pointer to communism's unwinnable war against wealth. Money is a principle in itself. It has249 words
-
Advertisement90 1987-02-21 1 What one reader says about rebates SOME LANOLORDS have not passed on the benefits of property tax rebates to tenants, a BT reader pointed out in a letter to the Editor. Tenant wrote: "It is a matter of concern that there appears to be no redress available to tenants who90 words
-
Advertisement282 1987-02-21 1 IN ikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM r~ Collecting little scrape of paper can make you rich Page 9 High-flying Dow Jones: En|oy the party, says a Wall Street guru Page 13 Mrs T: Unwelcome prophet in her own land Page The art of really doing nothing on an atoll282 words
-
-
HOME NEWS
-
437 1987-02-21 2 JUNE UM - By JUNE UM A CHANCE to start anew was given yesterday to troubled shipbuilder Southern Ocean Shipbuilding, when creditors approved a scheme to settle the company's outstanding debts. The creditors' vote enables Southern Ocean to proceed with finalising a deal to build 10437 words
-
391 1987-02-21 2 LUCY NG - By LUCY NG GUIDELINES have been issued by the Association of Consulting Engineers Singapore (Aces) to help protect members from liability when they take on building inspection jobs. The association envisages that with the guidelines, uncertainties which have been bothering consulting391 words
-
462 1987-02-21 2 GENERAL ELECTRIC Aviation Service Operation (GEASO) expects turnover to rise 35 per oent to $74 million this year, based on a broadening service base. The Loyang-based jet aircraft engine repair facility, an affiliate of multinational General Electric of the US, will sink462 words
-
308 1987-02-21 2 WHEN cognac agent Riche Monde rejected the bulk of a $1.88 million consignment of Hennessy XO from an importer on the grounds that it was counterfeit, the importer did not protest, a court heard yesterday. Importer Mr Michael Ng Khiok Hai, the308 words
-
207 1987-02-21 2 THE Singapore International Chamber of Commerce (SICC) has just turned 150 and is launching a new scholarship fund as part of its celebrations. The SICC was founded on Feb 8, 1837. The 1987 SICC Anniversary Scholarship Fund would actually be a re-structured version of an207 words
-
249 1987-02-21 2 NEW MONEY was changed for old to the tune of almost US$l million at an auction on Thursday. The money changed hands at an auction at the Hotel New Otani, venue of the first Singapore International Coin Convention. One buyer paid U5552,000 for a249 words
-
Article41 1987-02-21 2 MINDEF conducted an open mobilisation exercise at 7.05 pm last night. SAF reservist personnel from Vital Link, Planet earth, Town Hall, and Control Base had to report to their mobilisation centres. They were informed through TV, radio, Rediffusion and cinemas.41 words
-
Article, Illustration346 1987-02-21 2 JEFFREY TSANG - By JEFFREY TSANG AFTER AN ABSENCE of a year. French marque Peugeot has reappeared on the local market. And to celebrate the appointment of Advance Automobile as its new distributor, the French manufacturer has sent its futuristic Peugeot Quasar to wow the local motoring public. No,346 words
-
391 1987-02-21 2 THE TEA BUSINESS boomed last year because a cheap Beverage appears to be an extremely palatable alternative during a year of recession. "Tea sales went up list year because tea is the cheapest beverage next to utatefc" said Mr391 words
-
Article1160 1987-02-21 2 AT CONV ENTION Si IVES VMMI KEPPEL WHARVES Berth Arrival mmmm Auby K2SE alongside 21.02/1500 Chooyong K29 alongside 23.02/0600 Equator 111 K23 alongside 21.02/1900 Gold Loaf K18 alongside 21.02/1700 Golden btr K36 alongside 21.02/0100 Herculw K20 alongside 23.02/0600 Hosei Moru K20 alongside 02/0600 Koto Mojo K31 alongside1,160 words
-
-
OVERSEAS
-
Article, Illustration512 1987-02-21 3 Reuter OPPOSITION LEADER Charles Haughey has won a fiercelyfought election to become Ireland's new Prime Minister but will have to lead a minority government after failing to clinch an overall victory. The 61-year-old self-made millionaire missed a majority by three seats. He wonReuter - 512 words
-
229 1987-02-21 3 AFP A BILL calling for a total trade embargo and complete withdrawal of US investments in South Africa was introduced in Congress on Thursday. It was introduced in the Senate and House by California Democrats Senator Alan Cranston andAFP - 229 words
-
Article, Illustration443 1987-02-21 3 Reuter PRESIDENT Ronald Reagan has lifted trade sanctions against Poland but said future US-Poiish ties depend on further moves towards national reconciliation by the military government in Warsaw. The action was taken on Thursday in response to liberalisation measures by the governmentReuter - 443 words
-
525 1987-02-21 3 Reuter AMERICAN OFFICIALS, preparing for a weekend meeting of the leading industrial democracies, have called for greater efforts abroad, particularly in Europe, to promote more rapid economic growth. US Treasury Secretary James Baker and central bank chief Paul Volcker, at separate congressional hearingsReuter - 525 words
-
232 1987-02-21 3 UPI PRESIDENT Ronald Reagan has officially sent his plan to improve trade laws and encourage industrial excellence to Congress, promising passage would assure "American competitive pre-emi-nence into the 21st century". "I am convinced that enactment of my proposal will allow American workers and businessUPI - 232 words
-
259 1987-02-21 3 Reuter THE STATE-CHARTERED British Broadcasting Corporation (BBC) has said that it would launch a global satellite television news service even if the government rejected its appeal for funding. BBC external broadcasting managing director John Tusa told a news conference in London on Thursday:Reuter - 259 words
-
335 1987-02-21 3 Bernama ES MANUFACTURERS who had anticipated a mild revival in performance for the second half of 1986 have had their optimism justified as Peninsular Malaysia's industrial production index rose by 10.3 per cent to 161.1 in November last year from 146.6 a monthBernama ES - 335 words
-
399 1987-02-21 3 FT THE EUROPEAN COMMUNITY is a long way from achieving a common market in several key consumer products, according to a survey published on Wednesday by BEUC, the European consumers' association. Manufacturers of products ranging from cameras to compact disc players,FT - 399 words
-
326 1987-02-21 3 AFP THE Manufacturers Association of Nigeria (MAN) has criticised the military government's economic structural adjustment programme (SAP), saying high tariffs and tight fiscal policies are threatening the country's industries. "Nigerian manufacturers are suffering from an overdose of government and SAP has sapped theAFP - 326 words
-
Article815 1987-02-21 3 ARRIVALS Oporofoi Sorvico number Local time From MAS OA UA SU CAL SU sv MAS CV KAL MAS MAS AC CPA MA CU SU SU THAJ SU MAS GU SU SU GU SU SV SU GU SU SU SU THAI KLM SU THAI CPA MAS MAS GU815 words
-
-
Page 3 Advertisements
-
Advertisement47 1987-02-21 3 T AT J The business person's choice. 1 /I /\y every Tuesday. Soturdoyond I "\l I\l I I V|| Sundoy. Leoving Chongi Airport at \L 22:05 hours and ornving Bombay at 00:30 hours. Call your Travel Agent or Air Canada at *****55. Effective thru 30 April 198747 words
-
-
Page 3 Miscellaneous
-
Miscellaneous53 1987-02-21 3 Doonesbury LANES AND GENTLEMEM! YOUR ATTENTION, PLEASE! HE'LL BE STARTING THE SELF-ESTEEM TASK FORCE MEETING IN TEN MINUTES! V 7 11 IV 111 I I. I 111 THIS IS SO EKCJT- WE'RE A IHG! I HAP NO IDEA PRETTY THEREVBESOMAttf PESPECTU9TIN6UISHEPP6O- ABIE LOT, PLE ON THE PANEL! ALL RIGHT. S53 words
-
-
WORLD BACKGROUND
-
Article, Illustration886 1987-02-21 4 Situation unlikely to change significantly in the medium term Reuter WHEN EX-BEATLE George Harrison organised the "Concert for Bangladesh" 15 years ago to raise aid money, the newly-inde-pendent country was ravaged by war, poverty, hunger and mismanagement. Since then, the soldiers have returned to theReuter - 886 words
-
555 1987-02-21 4 Reuter THE BATTLE for West Beirut Tias split Syria's Muslim and leftist allies in Lebanon and shaken delicate regional alignments. The conflict, in which at least 150 people have been killed, pits the unwieldy Shi'ite Muslim Amal militia against a leftist alliance ofReuter - 555 words
-
699 1987-02-21 4 UPI A VISITOR enters the green unassuming building on Venice Boulevard in Los Angeles, asks for a tape recording and suddenly Jack Kerouac is reciting a hymn to the open road, while comedian Steve Allen plays jazz piano in the background.UPI - 699 words
-
-
RAW MATERIALS
-
Article186 1987-02-21 4 MALAYSIAN crude palm oil prices closed lower yesterday on renewed short selling, prompted by the fall in palm oil futures and weaker overnight Chicago soyoil futures. Talk that India bought RBD palm olein at rather low prices also dampened sentiment, dealers said. Feb south fell M 522.50 to186 words
-
Article129 1987-02-21 4 OIL PRODUCTS MOST PRODUCTS stayed stable in the Far East petroleum products market except kerosene which weakened significantly on surplus supplies, poor demand and fresh business (c f Japan basis). Fuel oil remains rather mixed with price levels talked around 82-83 FOB S pore in spite of a report of129 words
-
Article136 1987-02-21 4 Chinese Produce Exchange Sellers' noon doting price* on F#b 30 (SS/100 kg). Coconut oil kk FO« 90.00 Old drum FOt 100.00 New drum FOt 104.00 Copra Mixed (Ioom) 52 tellers Pepper Mufllofc White FOt Niw 1270.00 Sarawak WhN FOt foq NIW 1255.00 Sarawak ip#da( Mack FOt NIW 977.50136 words
-
Article118 1987-02-21 4 THE PRICE OF TIN on the Kuala Lumpur tin market closed unchanged yesterday at M 516.99 per kilo for the third day reflecting lack of buying interest Dealers said that the market opened unchanged and was briskly traded with bids and offers evenly matched. Sentiment was118 words
-
Article66 1987-02-21 4 Bangkok Broken Rice (US$/toniw, FOB) A-l Super A-1 Special 133 130 White Rice C-1 Special unq 100% Id dost 255 C-1 Ord unq 100% 2nd dan 220 Loonzoin Rke 100% 3rd daw 215 100% lit grade unq 5% 205 100% 2nd grade 215 10% 200 100% 3rd grode unq66 words
-
Article152 1987-02-21 4 WHEAT FUTURES in Chicago closed on or near the highs on Thursday, up 3-1/2 to 1-1/2 US cents per bushel in light trade. March settled at U552.79-3/4 after posting a 2-3/4 cent range on the day. Refco and an export house were the featured buyers of March and July152 words
-
Article168 1987-02-21 4 SOYBEAN FUTURES in Chicago closed near the highs in deferreds on Thursday, posting gains of 3/4 to 3-1/4 US cents per bushel. March settled at US$4.B6 after posting a narrow 2-1/2 cent range on the day. Steady purchases in nearby months by Cargill, ADM and Refco found little of168 words
-
Article316 1987-02-21 4 SINGAPORE The market closed higher yesterday with March 1 RSS buyers quoted 194.50 cents/kilo, up 1.50 cents from Thursday. The morning session gained one cent on some short covering, after hovering narrowly in quiet trading, dealers said. Prices improved further in quiet afternoon trading on weekend short covering. On316 words
-
Article292 1987-02-21 4 RAS prices In S CMUg, FOB tat bele< 1 NOON aosE Buyers Sellen Buyers S*ll*rs Int 1 RSS Prompt 193.00 194.00N 194.25 195.25N Irrf 1 RSS Mor 87 192.75 193.25 194.50 195 JO Int 1 RSS April 189.75 190.25 191 JO 192 JO Int 2 RSS OP292 words
-
Article80 1987-02-21 4 (canft/kg, 1-ton pollen) MAR 87 APR 87 (current month) (forward month) NOON NOON RAS luyf\ Salton luy*rt S*ll*ri SSR 30 175.00 I77.00N 173 JO 174 JON SS* 50 173.00 175.00N 172.00 174.00N MRELB Ivytfl SclWn Buy*" S*#»f» SM« CV 270.50 272.SON 271.50 273JON SMR I 270.50 272.50N80 words
-
Article818 1987-02-21 4 COFFEE Robusta futures on Thursday slipped from mid-afternoon session highs in late trading, but still closed with techni-cally-inspired gains of £12 to £29 a tonne. Dealers said that the market rallied on short covering and profit-taking purchases. additionally inspired by a similar move in New York on Thursday818 words
-
-
BANKING AND FINANCE
-
Article957 1987-02-21 5 SINGAPORE: The US dollar yesterday ended steady to slightly higher after fluctuating narrowly in thin and nervous trading before the Group of Five and Group of Seven meetings in Paris over the weekend. Dealers said that most operators were cautious and refrained from taking large positions ahead of957 words
-
Article231 1987-02-21 5 Interbank rates at 3pm yesterday: CMrrmcfttt NosnkMl rain imMhodIm Md <Mar croo* portly change IjQCql dolk BR tO C no unit of foreign currency: US dollar 2.1440 2.1450 2.8196 -23.96 S*oifc>g poi «d 3.2728 3.2764 7.3469 -55.45 Aurtralan c Mar 1.4236 1.4264 3.4286 -58.48 HZ doNor 1.1781 1.1808231 words
-
Article316 1987-02-21 5 HONGKONG: Gold closed weaker in fairly quiet trading yesterday, mainly on profit-taking after New York's sharp gains overnight. Dealers said that news Brazil would announce a 90-day suspension of interest payments on private bank debt triggered some buying interest, but trading was still largely dictated by the strength316 words
-
Article, Illustration116 1987-02-21 5 THE OVERNIGHT rata on the Singapore interbank market rose point to close at 3% per cent yesterday. The term rates shed 1/16 point across the board to 3% per cent prim* ludtag nSm ol 12 nnjof banks In Hlnfl>pofi f S$ Interbank rates at 7pm yesterday: 1 Offer116 words
-
Article48 1987-02-21 5 RESULTS OF TENDER held yesterday for 91-day bills to be issued from Feb 23 to Feb 26: Offered: $200,000,000 Applied for $458,500,000 Allotted: $200,000,000 Accepted Mde: $90.61 approximately 77 per cent. Higher bids in full. Average rale of discount on allotment 1.495 per cent per annum.48 words
-
369 1987-02-21 5 World Bank report indicates problems with Baker Plan UPI DEVELOPING NATIONS want over the US$l trillion mark in debts last year, which could indicate problems with a US-lad economic recovery programme for those countries. A World Bank report, released on Thursday, said total externalUPI - 369 words
-
93 1987-02-21 5 Reuter DEUTSCHE BANK Compagnie Financiers Luxembourg will extend its trading activities and launch a private banking service, Deutsche Bank cie Financiere Luxembourg's managing director Ekkehard Storck said. Mr Storck said private banking in Luxembourg had developed in the 1980s into an important addition toReuter - 93 words
-
Article299 1987-02-21 5 ASIAN DOLLAR deposit rates closed mostly weaker yesterday compared with Thursday's levels, after a day of light trading. Dealers attributed the lower trend to a fall in the US federal funds rate, higher bond prices and news of a downward revision in fourth-quarter US QNP growth. Weekend299 words
-
Article589 1987-02-21 5 JUNE Eurodollar, the more actively traded contract, opened at 93.69 yesterday, gapped up 10 ticks from its previous close. Lower revised US GNP, good news on inflation and Mr Volcker's remark of unchanged Fed monetary policy provided the bullish back-drop. Technically, the market is also looking strong. The June589 words
-
334 1987-02-21 5 Reuter EGYPT HAS AGREED to a package of economic reforms which the International Monetary Fund (IMF) will support with US$25O million to US$3OO million in balance of payments support, diplomats said yesterday. They said the two sides had agreed on a draft letter ofReuter - 334 words
-
-
Page 5 Advertisements
-
Advertisement128 1987-02-21 5 Dynamic and haaKMly expanding International fort\>ij DEPUTY MANAGER The Ideal male candidate should have: A thorough knowledge of the international shipping, forwarding, chartering and warehousing industry. A proven successful commercial history. A long-term philosophy as to his career in the company. The ability to add constructively In the planning, development128 words
-
Advertisement345 1987-02-21 5 &vt/imaji& of &h/ljf(a/l (Jl(alay^ia)&etAad (Incorporated in Malaysia) ANNOUNCEMENT Unaudited results of the Group's 1986 are as follows: operations for the half-year ended 31 st December, July/Dec. 1986 July/Dec. 1985 COMPANY GROUP COMPANY GROUP COMPANY GROUP Msooo Msooo Msooo Msooo -64.5 +23.1 borrowings and bank overdrafts charged as an expense 2)345 words
-
-
INTERNATIONAL STOCKS
-
Article216 1987-02-21 6 Reuter BRITAIN'S big clearing banks are set to report solid profits for 1986. reflecting a borrowing spree by consumers. Share market analysts also predicted on Thursday another strong performance this year, although they said Britons might now be too deeply in debt to maintain theReuter - 216 words
-
189 1987-02-21 6 UPI BRITAIN has announced the creation of Europe's fourth largest truck manufacturer through a merger of Leyland Trucks, Freight Rover and Oaf Trucks of the Netherlands. Trade and Industry Secretary Paul Channon told Parliament on Thursday the merger was part of a fiveyear corporateUPI - 189 words
-
Article100 1987-02-21 6 Reuter JC PENNEY CO Inc expects consumer spending for general merchandise to slow, particularly in the first half, from the strong pace of 1986. In reporting full year net income on Wednesday of U*****.0 million, compared with U*****.0. million a year ago, chairman William Howell saidReuter - 100 words
-
383 1987-02-21 6 Reuter WALL STREET STOCKS closed moderately higher on Thursday after a day marked by much speculation over the course of interest rates and the dollar. The advance came as investors sought interest-sensitive stocks in the hopes that the dollar will be stabilised without aReuter - 383 words
-
Article131 1987-02-21 6 FEB 19 AbititM C 1 38% Inco Int Pro* Pipe 20% 45% lu Int! 22%B 1054 Kerr Addison 19% unch Bank Nova Scotia Bank Of Montreal 20* 37% Loblaw Co McMil Bldl Motaon A 13% 63% 26 -2% unch Bp Resources 37% Moore Corp 32% 1% Brascan CI A131 words
-
Article176 1987-02-21 6 FEB 1* RAND Truat Bfc Un Steal 145 56 unch MOUtTMALS Wooltnj 1475 A Alpha. 1500 MMN OS Abarcom Aaci 5 25 Angvaal *****8 AMIC 505 5250 Blyvoor 2250 unch Barlow* 1910 -40 2100 C Q Smith 3650 25 10 unch Cons Qotd 4800S Currle Finance 670 Con* Murch176 words
-
Article603 1987-02-21 6 FEB It Utl A lean Alumin 37* Alcoa 43* Allag Int) 15 Alliad Sifl 46H Allied Storas Allia-Chalmart 3* Am Brandt Inc 52% 1* Am Can Co 104* Am Cyanamid 94* Am Elac Pwr 3014 Am Expraaa 70* Am Noma Prod 85* unch Am Motor* Cp 3* unci)603 words
-
Article902 1987-02-21 6 Amsterdam PU 19 FLS ABN 515 SO 25 Aagon 86 30 1 3 Ahold 110.00 +1 3 Akzo 131 30 02 Alranta 142.00 •0.1 AMEV Amro Bank Am Stad 67 00 86 80 126.00 1.1 12 -05 Barkei 16 40 -1 1 BOLS 150 00 141 -0 5902 words
-
-
Page 6 Advertisements
-
Advertisement142 1987-02-21 6 m ir.V Happy Hour at the Treetops Bar Barons Tavern i I S i i» r IT i Where you can enjoy a 50% discount on all beverages from spm to Bpm at the Treetops Bar spm to 7pm at the Baron's Tavern daily. Offer is not valid for promotional142 words
-
Advertisement141 1987-02-21 6 m t of Ameri hole seover »r d ot new VV< >vst flavours Out star nca me quality luscious c.rc.it tasting, great value. With France's Re lon 0000 At the retmed Manhattan (.rill the choice tor superlative American tare. Manhattan Grill. February 11-28,1 M 7 Star Lunch Dinner. Hitlel Simiap>»rr141 words
-
Advertisement147 1987-02-21 6 All YOU WANT fc t tu V ir* H ft 80 per person Lunch: 11 am to 2.30 pm dail Sundays Public Holidays: 8 am to 2.30 pm lA%I -TW/rfcnf AirAi9l4n/f)() 181, Kitchener Road. Singapore 0820. Tel: *****22 /wsf som# of the reasons why you should try the Royal Indonesian147 words
-
Advertisement130 1987-02-21 6 1 X.«O promotion At The Herltge Bar Jan.l-Feb.2B -jb_ Hennessv X.O. (70cl) at only $195 Nett (Usual $320) and get an exclusive ballpoint pen and hot snacks FREE! Plus Lucky Draw (on Jan. 27) and Grand Lucky Draw (on Feb. 28) with the prize Of 1 single return air ticket130 words
-
Advertisement118 1987-02-21 6 London rtocfct on Pago 15 II That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is tree. And every night at 8 pm except Sundays. The Melody Band from the Philippines118 words
-
-
ASIAN STOCKS
-
Article380 1987-02-21 7 HONGKONG: Share prices closed sharply higher yesterday in hectic trading to push the Hang Seng Index 51.58 points higher to a record close of 2,827.40. The index's last record close was 2,801.48 on February 18. The Hong Kong Index rose 34.50 to 1,816.47. Turnover was HK$l.56 billion. Brokers said380 words
-
Article220 1987-02-21 7 FES 28 NT ■ff. Kolin 28.30 0 1 All Sincsrs Indus 2.47 32 00 unch 03 Kuochan Dav Lee Chang Yuen Cham Indus 27 70 32 90 0.3 -0.1 42 20 06 Uen Hwa Indus 21 70 -08 Nan Ya Plas 37.80 31.20 0.3 Pacific Cons 29 10 0.5220 words
-
Article403 1987-02-21 7 TOKYO: Shares retreated from Thursday's record level on widespread profit-taking. The market average closed 147.70 down at 20,080.39. Declines led advances by nearly five to three in turnover of 900 million. "It was a technical correction from Thursday's record high," one broker said. The exchange's decision on Thursday to403 words
-
Article97 1987-02-21 7 FEB 1 •not 0 002 0 0006 Oriantal B o on unch Aco)« Mining Phil Ovaraaaa ...0.0625 unch Anglo Phil ***** -•-***** Philax B 0 42 >0 01 Ap«x Mining B Atlas Con. B 0 06 1# ■0.515 •1 Plecf B PLOT 1 200 unch Baguto QoM 0 008697 words
-
Article416 1987-02-21 7 SYDNEY: Australian share prices yesterday closed at record levels for the second consecutive day, led by media stocks and gold issues. Gains by News Corp and Herald and Weekly Times pushed the media sector index up 399.3 to a record 9145.4. Gold stocks returned to favour after the bullion416 words
-
Article121 1987-02-21 7 m a VON 2800 10 Kangwon Ind Kia Motor ***** 1790 -240 -19 Oaeiim Ind Daewoo Corp Daewoo Haavy Daishin Securities Dong Ah Phar Dong Swh Stock Dongbu Steel GoldStar Hinil Bank. Hanti Cement Hankuk Oiaee Hanyang Cltenrtcal Hyundai Const 980 919 1286 3880 iino ***** 3000 "."•70 *****121 words
-
Article149 1987-02-21 7 Reuter BANGKOK: The Stock Exchange of Thailand Index slid 0.75 to 207.59 on a turnover of 754,102 shares worth 166.3 million baht. Reuter n a •ANT Swn Camant Stain Ctty 010 722 -0 -24 Ayudhya huaaliiiaii 1. 240 72 90 ..290 107 307 -4 uncti uncti -1 •f 4Reuter - 149 words
-
Article77 1987-02-21 7 AFP A THAI-JAPANESE joint venture company, Naka Pearl Company, claims to hsve found a pearl twice the sizs of the largest recognised pesrl in the world. A spokesman for the company said they found the cultured pearl with a 40-mm diameter on their farm in Surathani,AFP - 77 words
-
397 1987-02-21 7 FT FOREIGN COMPANIES are concerned that unusually delayed pigments by Chinese organisatioes could be a sign that the country is suffering a serious shortage of ftfreign exchange that will lead to, i cutback in financial dealings with foreigners this year. Representatives from JapaneHFT - 397 words
-
188 1987-02-21 7 UPI TOKYO has ordered JapaneM ssmiconductor manufacturers td slash their output by 10 per center the January-March period to adjoM inventory and prevent "dumping overseas. "We hope it will prove to bp effective to shrink swollen inventory and at the same time toUPI - 188 words
-
188 1987-02-21 7 Reuter FIVE COMPANIES from France. West Germany, the US, Japan and Canada are competing for a bil-lion-dollar contract to b«Md Indonesia's first commercial nuclear reactor. Feasibility studies top the plant will be submitted by May. Djali Ahimsa, the director-gen-eral of the National AtomicReuter - 188 words
-
Article146 1987-02-21 7 AFP JAPAN'S Mitsubishi Motors on Thursday purchased New Zealand's Todd Motor Corporation, the country's last major independent car assembler. The Mitsubishi purchase, for an vndisclosed sum, givee the Japanese firm control of an 10-year-old family concern which has Assembled Mitsubishi vehicles and made them theAFP - 146 words
-
-
Page 7 Advertisements
-
Advertisement725 1987-02-21 7 id wim, dine «uia caiciiain ■c&V /r Start ofA New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado, Sate (Satay). spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is |ust725 words
-
Advertisement49 1987-02-21 7 ft OFFEI 40% OFF all Pnsmlum brands and bottle rates Buy one drink and get one FREE Extended Happy Novr 12 noon Bpm Entertainment by 2 top bands nightly (Opm 2am*) frrnwcnore A popular show Mntf from tha Philippines si oMor.'. Chchtnd most popular band &Cule4MVld M j rA«49 words
-
-
FEATURES
-
Article591 1987-02-21 8 IF COMMUNISTS the world over were a little more like their French comrades, there would probably be far less communism in the world. French leftists gave a strangely honest account of themselves, and of the realities of life, when, in a national poll on attitudes591 words
-
Article278 1987-02-21 8 Tenant - *.'>*' tiC?" <&j£. s£ Tenant Dur Sir, In September 1985 the Government announced a rebate of 30 per cent for Property Tax payable on commercial, industrial and storage premises with the stated object of assisting the occupiers of those premises during the economic recession. At278 words
-
484 1987-02-21 8 Mario Jose Medjeral - Mario Jose Medjeral managing director Seamar Shipping Pie LM Singapore Dear Sir, I regret to note that your editorial about Argentina (Feb 18) is based on errors of fact and repeats the left-wing international media created "cliche" of Argentina. You allege that the war began484 words
-
235 1987-02-21 8 D W Distant - D W Distant Dear Sir In other financial centres, investors consider themselves fortunate if a takeover bid is made for a company whose shares they hold; this used to apply equally here in Singapore a few years ago but not now. In recent years, the235 words
-
Article283 1987-02-21 8 LUM CHOONG WAN - LUM CHOONG WAN Dear Sir Please refer to the article "Sesdaq the real test begins today", which was published in Business Times on Feb 18. According to the article the choice of SNP a government company and one that is big enough for the main board itself283 words
-
161 1987-02-21 8 D L - D L Dear Sir The Singapore Broadcasting Corporation's (SBC) Teletext service on business and financial news has very little focus on local corporate news and/or announcements. SBC's international financial news coverage is excellent but what about the local corporate scene? If space is a161 words
-
Article, Illustration729 1987-02-21 8 BETSY MAY - By BETSY MAY Bernama COCONUTS not just any old coconut but young coconuts are being taken seriously in Malaysia. Agriculture Minister Datuk Seri Sanusi Junid spoke out last September about young coconuts and so kicked off a "drink young coconut water campaign". Now songsBernama - 729 words
-
-
Page 8 Advertisements
-
Advertisement198 1987-02-21 8 BT welcomes totttn from readers. Your letters must indudo your signature, full name, address, and home numbers, if any. You may add a pseudonym, if you wish. Address your letters to: The Editor. Business Timee, 390, Kim Seng Road, Singapore 0923. ft <■*? m U r -v.. 1 M Ti198 words
-
-
Page 8 Miscellaneous
-
Miscellaneous779 1987-02-21 8 •.ill CRYPTIC PUZZLE ACROSS 9 The artificiality of the caller?(9) 10 Ringing, or is it wringing wet? (2. 3. 4) 12 About a quarter free of skin (4) 13 It means you're not up to any tricks! (6) 14 Collapses and ceases to function (7) 15 Passing across at one779 words
-
-
Executive Lifestyle
-
Article393 1987-02-21 9 FINANCIAL ADVISER Peter Looi offers business contacts for free well, almost. In a classified advertisement put under "Business Opportunities", Mr Looi says: "I can give you overseas buyers' addresses (for) blouses, skirts, gloves, shoes, furniture, photo albums, costume jewellery, flowers, timber. FREE. Also give you overseas393 words
-
Article255 1987-02-21 9 TRENDS "LINGERIE IS AN exploding market...", "The customer wants more diversity...", "The woman of today buys things to give herself pleasure, and nowadays she wants to change lingerie like she changes her clothes, to show her personality and the way she feels..." Such pronouncements were255 words
-
Article, Illustration1036 1987-02-21 9 DAVID S FULLER - UfmAs DAVID S FULLER AMERICANS love Margaret Thatcher. If she could run for President of the US, a landslide victory would be assured. Europeans don't like Margaret Thatcher all that much, primarily because of her tough stance in renegotiating the UK's contribution to the EC budget.1,036 words
-
Article, Illustration1106 1987-02-21 9 ANNA TEO - COLLECTING By ANNA TEO WHAT PASTIME TEASES and taunts the mind, allows you to express your whims and fancies, and in so doing rewards soul and pocket as well? The answer is easy tor the band of hardcore philatelists in Singapore. You're talking about theirPldurm by TAN SUAN ANN and WAN SENG YIP - 1,106 words
-
Executive Lifestyle: Entertainment & Pursuits
-
Article, Illustration1215 1987-02-21 10 MONICA GWEE - If they could see me now HOLIDAYS By MONICA GWEE THIS IS HOW Dm «kxy want llw dashing "flying" doctor, he with the portable telephone strapped to waist, landed on one of the numerous atolls in the Maldives on a mysterious mission. On returning, he found his plane sinking intoPicture by KENNETH KOH - 1,215 words
-
Article, Illustration913 1987-02-21 10 THE FOOD TEAM - FOOD By THE FOOD TEAM THE THING about city states like Singapore is that you never really get to go to the most interesting restaurants unless someone in the Know guides you through the maze of high-rises to a real find. Who would have thought,913 words
-
-
Executive Lifestyle: Entertainment, the Arts & Pursuits
-
Article, Illustration841 1987-02-21 11 JAIME LYE - CINEMA By JAIME LYE MORBID DEPRESSION is what fills Daaart Bloom (Feb 22, 9 pm, Plaza), a deep dark study of a family in turmoil during the *****. Set in the atomic age in Las Vegas, the dreary desert landscape complements the unhappy state of841 words
-
Article1468 1987-02-21 11 CINEMA: Tal-Pan starring Byran Brown, John Stanton, Joan Chen. Showing at Cathay: 10.30; 1.15; 4; 6.45; 9.30. Hall Camp. starring Tom Skerritt, Lisa Eichhorn, Anthony Zerbe, Richard Roundtree. Showing at Capitol: 11; 1.45; 4; 6.30; 9.15, Changi: 11; 1.15; 3.30; 7; 9.15. Tha CMdan Child. starring Eddie Murphy and1,468 words
-
Article, Illustration233 1987-02-21 11 SHORTTAKES IN A WORD, jaunty. Hanae Mori's Spring/Summer collection slips into a cosmopolitan exuberance in her day dresses. Youthful, healthy elegance marks the latest haute coutre collection, and the lady's trademark butterflies and flowers are in abundance. Suits are comfortable and classic in wool crepe without233 words
-
Article, Illustration508 1987-02-21 11 JAIME LYE - STAGE By JAIME LYE THE FIRST THING that lifted one's attention from the ongoing murmur in the audience just before the curtain rose at the Drama Centre was the voice. A haunting soprano that lurked somewhere in the wings, singing with508 words
-
Article, Illustration1064 1987-02-21 11 RICHARD SEAH - HEALTH By RICHARD SEAH SANDRA EMERSON had tost 42 kilograms in eight months. So lunch with her last Friday was strictly a low-calorie affair just 205 calories for three courses. Miss Emerson is Australia's champion weight watcher. She dropped by Singapore on her way1,064 words
-
-
Executive Lifestyle: Sports
-
Article701 1987-02-21 12 Brian Miller - -^bsSlf*' OM TMCk f with Brian Miller with Brian Miller IT'S ALWAYS ever so refreshing to start the day's racing on a winning note and in Penang this afternoon punters could "build up a tidy bank" by going solidly for the topweight Simple Simon 111701 words
-
314 1987-02-21 12 TENNIS AP GIGI FERNANDEZ of Puerto Rico upset eighth-seeded Catarina Lindqvist of Sweden 3-6, 6-2, 6-4 on Thursday in the third round of the U*****,000 Virginia Slims of Florida tennis championships. Joining the unseeded Fernandez in the quarter finals were No. 3 Pam Shriver,AP - 314 words
-
154 1987-02-21 12 AFP DEFENDING CHAMPION Joakim Nystrom was on Thursday bundled out of the U*****,000 Indian Wells men's tennis classic on a day of mixed fortunes for the powerful Swedish contingent. Sixth-seeded Nystrom was despatched 64, 6-4 by Swiss Jakob Hlasek and was joined byAFP - 154 words
-
267 1987-02-21 12 BOXING UPI PUERTO RICAN Carlos "Sugar" De Leon is dancing and smiling his way through final workouts for his defence today of his World Boxing Council light heavyweight crown. De Leon will meet Italian hopeful Angelo Rottoli over 12 rounds in the challenger's hometownUPI - 267 words
-
Article, Illustration572 1987-02-21 12 WALTON MORAIS - By WALTON MORAIS IT HAS BEEN a long time coming, but beginning Monday at the Kallang Tennis Centre, Lela Zainal will make a date with destiny. Never before in the history of Singapore tennis has a local player been under so much pressure to572 words
-
450 1987-02-21 12 MOTOR RACING Reuter FORMULA ONE team manager Frank Williams plans to be back in the pit lane throughout this year's world championship, a position which seemed impossible less than a year ago. Williams, still wheelchairbound after a crippling car smash inReuter - 450 words
-
353 1987-02-21 12 GOLF UPI PETE IZUMIGAWA of Japan and Pat Horgan of the US carded contrasting 68s on Thursday to emerge surprise first round leaders in the US$lOO,OOO Philippine Open the kickoff leg of the Asian golf circuit. Izumigawa, a Yokohama professional, toured theUPI - 353 words
-
216 1987-02-21 12 Reuter VETERAN Bobby Wadkins, a US PGA tour professional since 1874 but still searching for his first win on the circuit, shot a five-un-der-par 66 on Thursday to take a one-stroke first round lead in the Los Angeles Open. Wadkins,Reuter - 216 words
-
338 1987-02-21 12 CRICKET AFP INDIA'S world record opener Sunil Gavaskar bids to become the first man to scors 10,000 test runs in the third test against Pakistan at Jaipur from today. The 37-year-old Bombay batsman needs 82 more runs to add tha record to his collection,AFP - 338 words
-
Article, Illustration723 1987-02-21 12 MIKE THUMBA - BRIDGE By MIKE THUMBA SOME FIFTY years ago, certain conventional opening leads were evolved such as the top of a sequence, the fourth highest, etc. In a similar fashion, certain signals that are given by the opening leader's partner were also evolved and became723 words
-
-
Executive Lifestyle: Personal Investment
-
650 1987-02-21 13 RAMESH CHANDIRAMANI - mm By RAMESH CHANDIRAMANI THERE COULD be a divergent trend in the making between the price of palm oil and the current high value being attached to plantation shares. During the past couple of weeks, the price of palm oil has650 words
-
Article, Illustration570 1987-02-21 13 RC - SCQIMf pfpaff By RC ALTHOUGH I MAY have rung the bell a little early last week, I now feel more confident that a correction is due, especially since the market has reached my intermediate term target and is just a whisker away from570 words
-
Article, Illustration1086 1987-02-21 13 VARTANIG VARTAN - WALL STREET Several weeks ago, readers were introduced to the complex world of Elliot Wave analysis in our popular Chart Point column in which it was stated that the theory predicted a dramatic rise in the Straits Times Industrial1,086 words
-
Article, Illustration471 1987-02-21 13 RC - INTERNATIONAL EQUITIES By RC BARRING OCCASIONAL PAUSES to correct and consolidate gains, global equities should continue the secular bull market uptrend which began in August 1984. That is the view of Richard Lake, a leading UK-based chartist with securities house Savory Milln Ltd.471 words
-
352 1987-02-21 13 INVESTORS who bought mostly quality Singapore shares the previous week, when the market's focus was on speculative Malaysian counters, had a lot to smile about this week. Aided by a greater influx of foreign funds, most CPF-linked trustee stocks took off like a shot,352 words
-
503 1987-02-21 13 RUTH CORB - By RUTH CORB Art Market Consultant with Sotheby's THE GENERAL EXTENT of activity within the art market is beginning to increase, and a number of sales have taken place within sectors covered by Sotheby's Art Index. In London, a major international trade fair503 words
-
-
-
Page 9 Advertisements
-
Advertisement70 1987-02-21 9 J? •f-i P »v -vjWfc gerald genla Singapore UirtuMvr atfrni for fhr Far Ea« Showroom and Service Centre: Singapore Kuala Lumpur The Hour Glass The Hour Glass Centrepoint Yow Chuan Plaza •01-21/22 GB/9 Ground Floor Tel: *****98/*****03 Tel: *****01/*****17 Authorised dealers: Singapore The Hour Glass Lucky Plaza *01 -36 The70 words
-
-
Page 10 Miscellaneous
-
Miscellaneous2340 1987-02-21 10 Ibsen, Nashville and H G Wells TODAY: Glenda Jackson (right) stars a ibsen's play, Hadda (8 pm, Channel 12), H and won herself an Academy Award HpMMI nomination. Hedda j is a Nordic femme fatale a bored and impatient worn- JmkH an who wrecks the lives of the men who2,340 words
-
-
Page 13 Advertisements
-
Advertisement27 1987-02-21 13 BT welcomes investment ideas and viewpoints from brokers, bankers and readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, Singapore 0923.27 words
-
-
SHARE INFORMATION
-
Article, Illustration4170 1987-02-21 14 THE STOCK MARKET surged on heavy foreign and local institutional buying yesterday, bringing the Straits Times Industrial Index just 9.96 points away from its all-time high. The widely-watched index gained 15.13 points to 1.061.95 while the all-sector BT Composite Index rose 16.34 points4,170 words
-
Article241 1987-02-21 14 GsnHngi GEUti 0 s Motra HMg 0 c c SI N S T UOI out S 1 A Cartaborg Shangri-la Com Mart Nat Iran 1 C S Ming Court SM V»W Rises 915 1900 1 ISO 770 1050 Mra 402 735 530 3*6 1090 540 452 50*241 words
-
Article4315 1987-02-21 14 810 and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".4,315 words
-
-
COMPANY NEWS
-
Article, Illustration480 1987-02-21 15 TOBioa mm... HOCK LOCK SIEW THE PRACTICE of backdoor listings, which involve injections ot businesses into listed but dormant companies, is currently the subject of much heated debate in Hongkong. The authorities in the colony want to clamp down on backdoor listings becauseHOCK LOCK SIEW - 480 words
-
70 1987-02-21 15 Bernama FLEET MANAGEMENT Services Sdn Bhd, a 100-per cent subsidiary of Fleet Group, has sold a total of 16.65 million shares in New Straits Times Press (M) Bhd, the company said in a brief statement yesterday. A total of 8.65 million shares wasBernama - 70 words
-
163 1987-02-21 15 SINGAPORE LAND has acquired the entire 21st floor of Shing Kwan House, comprising 904 sq metres, from Shing Kwan Pte Ltd for $3.9 million cash. The independent directors of Sing Land felt it was in the best interest of the163 words
-
Article2886 1987-02-21 15 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots ot 1,000 units unless otherwise specified. INDUSTRIALS Acnw ***** ***** Ajktomoto (***** Alan Hldg I—l Aicom2,886 words
-
Article159 1987-02-21 15 THE AYER MOLEK Rubber Company Berhad: 72nd AGM at No 22 (Upper floor of No 20). Jalan Hang Jebat, ***** Malacca, on Monday. Feb 23. at 10.30am. DUFF Berhad: 14th AGM at No.21 23. Jalan Hussein, ***** Ipoh Perak, Malaysia. on Monday. Feb 23. at 11am. MALAYSIAN TOBACCO159 words
-
Article492 1987-02-21 15 CONTINUEO BUYING on the Kuala Lumpur stock market yesterday pushed share prices to yet higher levels. Most of the buying activity was concentrated on selective blue chips and Singapore-based finance counters. The mood remained buoyant as dabblers showed much confidence. Scattered dou-ble-digit gains were492 words
-
Article117 1987-02-21 15 HONGKONG Hongkong Index Friday *****7 Thursday 1781.97 Week ogo *****6 Hang Seng Index Friday 2827 40 Thursday 2775 82 Week ogo *****9 All Industrials Friday 2541 I* Thursday 2512.4 Week ogo 2494 2 NEW YORK Dow Jones Thursday *****9* Wednesday 2237 63 Week ago 2165 78 TOKYO Nikkei117 words
-
665 1987-02-21 15 HOMER CHEN - By HOMER CHEN MALAYA TIN PRINTING CO LTD, now undergoing a restructuring programme, has reported heavy losses for the year ended Sep 30, 1986. But management expects better results for this year. Total group loss attributable to shareholders amounted to $29.05 million compared665 words
-
64 1987-02-21 15 Reuter AITKEN HUME INTERNATIONAL PLC says that Sunshine Pacific Ltd and its Australian associates, HDFI Ltd, have jointly acquired 680,000 shares in the company, taking their aggregate holdings to 11.20 million shares. This represents 24.5 per cent of Aitken Hume's issued share capital. SunshineReuter - 64 words
-
204 1987-02-21 15 NST MALAYSIAN RESOURCES Corp Bhd says the arrest of its former chairman Datuk Kee Yong Wee is not expected to have any effect on its operations. Speaking to reporters after the sales launch of the company's Kajang Utama project, aNST - 204 words
-
421 1987-02-21 15 MBT PERWIRA HABIB BANK has boosted its issued and paid-up capital by a hefty Ms3oo million in January to $405 million the largest in the industry after Bank Bumiputra's $1,376 million. This step was taken to absorb "possible losses" in the bank, PerwiraMBT - 421 words
-
Article251 1987-02-21 15 Managers' prices MARA-Bumiputra for Feb 21 23 FifSt B'putra 602 607 Singapore Unit Trust Second B'putra Third B'putra 537 542 420 4 25 Th* ComT»erce 103 III Fourth B'putra 480 4 85 Th* Savings Fund 093 S'por* Prog Fund 041 S'por* Sec Fund 068 S'por* Invest Fund 0251 words
-
Article761 1987-02-21 15 SHARE PRICES were marked up at the outset yesterday after Thursday's sharp sell-off, with investors encouraged by the moderately higher close on Wall Street and continued optimism about a cut in domestic interest rates. But dealers noted that trading was fairly quiet at the end of the current761 words
-
-
Article, Illustration496 1987-02-21 16 LEE HAN SHIH - Selected areas enjoying higher prices By LEE HAN SHIH Property Correspondent OFFICE SPACE ON THE FRINGE of Singapore's Central Business District and even slightly farther away is changing hands for prices as high as that in Shenton Way, indicating a return of confidence in496 words
-
328 1987-02-21 16 Reuter CHINA said yesterday that its overheated economy slowed down last year to a more healthy pace but added that high wage increases and inefficiency in state firms had caused a budget deficit. State Statistical Bureau officials said the economy had stabilised,Reuter - 328 words
-
Article88 1987-02-21 16 Reuter THE ASSOCIATION of South-east Asian Nations, which includes vegetable oil producers, will protest against the European Community's plan to impose a tax on palm oil, Malaysian Foreign Minister Rais Yatim said. A protest note would be sent to the EC council soon byReuter - 88 words
-
546 1987-02-21 16 EDITORS and publishers of The Wall Street Journal are still claiming that Singapore is restricting the "free flow of information", and the government is now challenging them to let information flow by publishing the exchanges of letters that had taken place. "It is546 words
-
258 1987-02-21 16 Bernama ES THE WORST is now over for the petroleum refining industry and there is good reason for optimism for the future, particularly in the Far East, an energy expert said yesterday. Addressing an international energy seminar in Kuala Lumpur, John O'Brien, energy consultingBernama ES - 258 words
-
287 1987-02-21 16 Bernama ASEAN will have to "get its act together" to take advantage of Japanese plans to give more economic and industrialisation assistance to developing countries in South-east Asia and the South Pacific, Indonesian Foreign Minister Mochtar Kusumaatmadja said yesterday. "We want the Japanese toBernama - 287 words
-
133 1987-02-21 16 CREDITOR BANKS of troubled coffee giant Teck Hock Co are expected to meet again after they have reviewed the terms and conditions of a purchase offer by an unknown foreign commodities group. BT reported yesterday that the overseas rescuer had offered to buy133 words
-
Article52 1987-02-21 16 Bernama INDONESIAN Foreign Minister Mochtar Kusumaatmadja is expected to visit Vietnam soon but he declined to say whether there would be any new diplomatic initiatives that would lead to a settlement of the conflict. He was in Bangkok yesterday and held talks with Air Chief Marshal SiddhiBernama - 52 words
-
Article, Illustration515 1987-02-21 16 LUCY NG - By LUCY NG HOTELIER Khoo Teck Puat did not turn up for the creditors' meeting in Paris yesterday, convened to discuss how his financial problems could be resolved following the closure of his fami-ly-owned National Bank of Brunei (NBB). A515 words
-
111 1987-02-21 16 UPI PRESIDENT CORAZON AQUINO yesterday announced her 24 candidates in the senatorial elections in May, consisting largely of conservative and pro-Ameri-can politicians who are expected to carry out her legislative programmes. The list of candidates read by Mrs Aquino before reporters and a TVUPI - 111 words
-
Article81 1987-02-21 16 Reuter COMEX GOLD FUTURES eased in a profit-taking response yesterday morning to Thursday's brisk run-up of almost US$B.OO propelled by worries over Brazil's debt repayment problems. The leading April delivery was off US$l.2O at U*****.50 an ounce after early selling subsid- Ed above the psychologically important support ofReuter - 81 words
-
Article63 1987-02-21 16 Reuter WALL STREET stock prices moved slightly higher in moderate activity yesterday. Hesitation in the bond market, despite Japan's announcement of a half point cut in its discount rate, failed to steer stock investors away from interest-sensitive issues. The Dow Jones Industrial Average advanced one point toReuter - 63 words
-
LATE FILE
-
57 1987-02-21 16 Reuter HONGKONG currency and money market dealers expect the colony's prime rate to be raised one percentage point to 6 per cent soon but they are unsure of the timing. They said yesterday that they doubted the HK Association of Banks will announce theReuter - 57 words
-
Article63 1987-02-21 16 OANA-PNA PHILIPPINE Vice- President Salvador Laurel said yesterday that he will meet on Monday other officials involved in recovering the loans illegally obtained by Marcos's cronies from government banks. President Corazon Aquino has created a special committee to investigate and take legal action against personsOANA-PNA - 63 words
-
Article37 1987-02-21 16 Bernama THE Malaysian National and Rural Development Ministry will set up a new department to mobilise funds and capital belonging to cooperatives to help in the country's industrialisation, said Deputy Premier Ghafar Baba yesterday.Bernama - 37 words
-
Article38 1987-02-21 16 Bernama recommendation THE Group of Fourteen (G--14) on Asean economic cooperation and integration may consider recommending greater utilisation of the Asean preferential trading arrangements to promote greater intra-Asean trade flows, said chairman Datuk Paul Leong yesterday.Bernama - 38 words
-
Article56 1987-02-21 16 Reuter ZIMBABWE will enact legislation this year abolishing 20 seats reserved for the country'» white minority in Parliament. Information Minister Nathan Shamuyarira said yesterday that the legislation would exclude the Conservative Alliance of Zimbabwe Party of former prime minister lan Smith from participating in the politicalReuter - 56 words
-
-
Page 16 Advertisements
-
Advertisement10 1987-02-21 16 Palm oil and plantation stocks on dtoargant coursa, Paga 1310 words
-
Advertisement11 1987-02-21 16 Sing Land buy* Mat floor of Shing Kwan Hn, Pago 1511 words
-
Advertisement86 1987-02-21 16 "All work and no play makes Jill a dull girl" and dull people don't make it to the top of any heap. Lifestyle is of crucial importance for all executives who realise that a healthy mind works better in a healthy body. To help executives plan their leisure time, Business86 words
-
-
Page 16 Miscellaneous
-
Miscellaneous22 1987-02-21 16 Raport for 24 houra prior to 7.30pm on Fab 20 a! too airport: Maximum tomparaturo 32.3 taaawaMkaMMi ■MM 'l| mm haMHWM hai22 words
-