The Business Times, 14 June 2003

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Microfilm: NL25037
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 85C MITA(P) 024/03/2003 THE BUSINESS TIMES SINGAPORE JUNE 14 15. 2003
    11 words
  • Article, Illustration
    Lock icon Asean set to eclipse North Asia in private equity inflows
    1094 1  -  EXCLUSIVE Report cites Sars and asset sales in Singapore and Indonesia as catalysts By' Vikram Khanna [SINGAPORE] After years of being overshadowed by North-east Asia in attracting inward private equity investments, the economies of Asean are showing signs of making
    Source: Alle Private Energy  -  1,094 words
  • Article, Illustration
    Lock icon Dying caddie helps Watson into US Open lead
    1012 1 Bruce Edwards, stricken with Lou Gehrig's disease, glimpses the meaning of life, golf and friendship AP NYT LAT-WP [OLYMPIA FIELDS, Illinois] HE struggled to get the words out, and began to cry when he tried to explain what they meant. Bruce Edwards
    AP; NYT; LAT-WP; REUTERS  -  1,012 words
  • newsbreak
    • Article
      Lock icon S'pore jobless rate hits 4.5% in March
      141 1  -  By Denesh Divyanathan [SINGAPORE] Singapore's unemployment rate rose in the first quarter of this year to match the highs reached last year. The rate could worsen to beyond 5.5 per cent later this year if the economic impact of Sars drags on, the
      141 words
    • Article
      Lock icon US trade deficit narrows
      214 1 Reuters Bloomberg [WASHINGTON] The US trade deficit narrowed in April from a record as imports fell, reflecting the biggest decline in oil prices in 12 years. The US$42 billion trade gap in goods and services followed a revised U5542.9 billion March deficit, the Commerce Department said
      Reuters; Bloomberg  -  214 words
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      200 1 9BM3w food-, mZmI to tte heart PAGE IS BDBS Be rewarded with DBSS (DBSSI Ssl) at Best Denki. Only with DBS Cards. Best Denki now joins DBS Rewards in offering you cash rebates* on your purchases whenever you use your DBS ATM Card or DBS Credit Cards. 2% DBSS cash
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      11 1 PERSONAL ■uuivfiimvi- r*« Making money on earnings surprises. PAGE 7 811
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      16 1 MOTORING Haute hatchbacks: The hot hatch is out, the hip hatch is in. PAGE 14 t
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      15 1 2535* Developers hitting a wall? MOE4 !t Marketing icons vs 11. sporting talents a K-.
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      Lock icon Page 1 Advertisements Column 5
      117 1 RAFFLES Lard of the Film. K J" i'.'i »'*sS®. Jakarta demand perplexes S'pore [JAKARTA] Indonesian ministers have reportedly complained of what they said were Singapore's reluctance to disclose trade statistics between the two countries. One minister even warned that Jakarta could take reprisals, including the urging of ships to bypass
      117 words
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  • newsfront
    • Article
      Lock icon S'pore perplexed by Jakarta accusation on trade data
      581 2  -  For each off the past 29 years, Singapore has handed over data to the Indonesian side From Sboeb Kagda in Jakarta SINGAPORE'S Foreign Ministry said yesterday that it was perplexed by reports in the Indonesian media this week of Jakarta's intention to
      581 words
    • Article
      Lock icon Pernas Int'l plans to restructure hotel arm
      470 2  -  Khazanah to be given RM633m of new shares in Peraas unit in exchange for RCCPS it holds From Diana Oon Abdullah in Kuala Lumpur HOTEL and plantation group Pernas International Holdings yesterday announced a restructuring plan that underlines the government's support of tycoon
      470 words
    • Article, Illustration
      Lock icon MAS shows the way for consumer advocates
      630 2  -  tahwytav ddiuiuaj soapbox siow li son HAVING put out what looks and reads like a consumer guide the "Policyholders' Guide to Insurance Policies with Critical Year Feature" has the Monetary Authority of Singapore (MAS) turned consumer advocate? Some people caution that one should
      630 words
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      115 2 wf Since 1075 our worldwide staff of over 275 muiti disciplined professionals including lawyers. <"ha r te r ed accountants trlJ chartered secretaries and bankers have A?— f provided confidential and cost effective TT- company formation in all tlie major low tax s areas including ThG WOrld S Incorporation Fees
      115 words
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      63 2 DBS-BT contest winners Winners of the DBS Plan 'N Win Lucky Draw Contest from March 22 to May 24 are as follows: Ist prize (PDP-433HDG Pioneer Plasma TV with desktop stand): Lhn twig (NRJC *****676J) 2nd prize (HTZ-505DVD Pioneer DVD Satellite System): Um Ctvye Hock (*****965H) 3rd prize (DV-U7 Pioneer
      63 words
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  • the raffles conversation
    • Article, Illustration
      Lock icon Lord Of The Film
      1851 3  -  Working with Hollywood directors and actors, managing production and financing, overseeing marketing and distribution all in a day's work for Barrie Osborne. PARVATHINAYAR meets the producer of the mammoth Lord Of The Rings project PARVATHI NAYAR I" N person, Barrie M Osborne high-powered, history-making film-producer of
      ARTHUR LEE  -  1,851 words
    • Article, Illustration
      Lock icon The making of an epic (or three)
      832 3 BARRIE Osborne's trip to Singapore was a quick time out from New Zealand, where they are still shooting for Lord of the Rings 3, doing pickup shots that will heighten the emotional impact and continuity of the film. "We finished (principal) photography of
      832 words
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      65 3 "I~X The Raffles Conversation is brought to you through a special arrangement I QjT lAC with Raffles International Hotels and Resorts. The Traveller's Palm in the A VjCULL IvnJ Raffles International logo is an apt symbol. Not only has water stored at the INTERNATIONAL base of this palm provided sustenance,
      65 words
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  • news companies
    • Article, Illustration
      Lock icon Seeking pastures further afield
      980 4  -  S'pore developers are realising they cannot afford to put all their eggs in this market, says Vince Chong analysis Vince Chong t Developers may heave a sigh of relief- that house hunters are making a beeline for showflats again. But looking further out, everyone knows the
      980 words
    • Article, Illustration
      Lock icon Full Apex founder aims to keep low profile
      510 4  -  China company launches IPO here at 43 cents apiece By] Lob Hoi Yin "PLEASE focus your writeup on my company, not me. I prefer to keep a low profile," said Chinese entrepreneur Guan Ling Xiang during an interview. The founder of Full
      ARTHUR LEE  -  510 words
    • Article, Illustration
      Lock icon Lessons from STT's surge
      664 4  -  maricet review r sivanithy WHAT lessons or market features can be gleaned from the events of the past five trading days, during which the Straits Times Index gained 40 points, or 2.8 per cent? First, liquidity can overcome scepticism as long as Wall Street continues to
      664 words
    • Article
      Lock icon MARKETS
      74 4 sn 1,479.30 (-0.11) ST INDEX FUTURES 1,476.00 (-6.00) mm siMSca futures U 185.00 (+0.40) Friday Change KLSEOOMP 689.94 -0.38 NIKKEI 225 8580.64 +«2.04 HANG SENG 9.855 64 118.80 SET INDEX 427.97 376 JAKARTA COMP _***** -8.67 MANILA COMP —Closed TAIPEI WPI 4.881.90 +3.47 SEOUL COMP 665.24 +7 .29 SHENZHEN
      74 words
    • Article
      Lock icon FINANCE
      85 4 FOREX RATES US$ S$ ISS (SS per USS) 1.735 £(USS/SS per 1.670 1897 ElTtO(l'SS/S&/E). 1.177 1041 YEN 117 7 67.80 RM 3.800 1191 HKS 7.799 4.496 BAHT 41.64 24.00 RUPIAH 8117 4.737 RENMINBI 8199 4.784 INDIAN RITEE 46 70 2652 AS 1506 0.868 NZS 1.727 0.996 PRIME RATES SINGAPORE*
      85 words
    • corporateroundup
      • Article
        Lock icon HK firm Agva targets S'pore IPO
        60 5 MAKE room for Hong Kong-based storage accessories manufacturer Agva Corporation, the latest company aiming for a public listing in Singapore. The company, which designs and makes CD wallets and bags, lodged its preliminary prospectus yesterday with the Monetary Authority of Singapore. Agva's posted net
        60 words
      • Article
        Lock icon BreadTalk's dough rises on IPO debut
        69 5 HOW the dough rises. Shares of boutique bakery chain Bread Talk debuted on Sesdaq yesterday and leapt to the front of the bourse in terms of trading volume. The company's shares closed at 32.5 cents a share a 35.4 per cent premium over the
        69 words
      • Article
        Lock icon Brokers oh SIA's no-friks airline plans
        92 5 SINGAPORE Airlines's plans to study the viability of a low-cost airline attracted much attention among the broking community yesterday. GK Goh in a report said that any such new venture might cannibalise Silkair's business and speculated SIA may just convert its regional airline into
        92 words
      • Article
        Lock icon Yongnam gets new executive chairman
        107 5 FINANCIALLY-TROUBLED Yongnam Holdings, which is embroiled in a legal dispute with Kwek Leng Seng's Hong Leong Asia, has a new executive chairman. Former Avimo chief Yap Foo Seong has been appointed the executive chairman from June 12. Tan Tin Nam, who relinquished the post on
        107 words
      • Article
        Lock icon NatStèl Deputy president resigns
        65 5 NATSTEEL Ltd, which saw a Ong Beng Seng-led consortium taking control of the steel miller recently, says its deputy president, Chua Kee Lock, resigned from the company on Thursday "to pursue his own interests". Mr Chua had been with Nat Steel since June 1,2001. Before rejoining
        65 words
      • Article
        Lock icon Pacific Century to treat PCCW as associate
        74 5 Reuters HONG KONG'S dominant telecommunications firm PCCW Ltd said yesterday its major shareholder has entered into a phase of deconsolidation that will treat PCCW as an associated company instead of a subsidiary. Singapore-listed Pacific Century Regional Developments Ltd, which holds a 32.8 per
        Reuters  -  74 words
      • Article
        Lock icon C2C's debt plans worry bankers
        108 5 Reuters DEBT restructuring at the cable unit of Singapore Telecommunications Ltd is making some bankers sweat and its outcome could affect folding for other state-linked firms, banking sources said yesterday. SingTel's 59.5 per cent-owned submarine cable operator C2C Pte Ltd began talks with lenders to
        Reuters  -  108 words
      • Article
        Lock icon Strike sells property to CityDev at loss
        97 5 Bloomberg STRIKE Engineering, which provides electrical engineering services and develops property, said it sold a plot of land to City Developments Ltd at a loss of $14 million. Strike Engineering's Gredanian Pte Ltd sold the 2,800-sq metre property near Orchard Road for $17.4
        Bloomberg  -  97 words
    • Article, Illustration
      Lock icon Wall Shing hears minorities out on offer grouses
      565 5  -  But deputy chairman fails to offer them much comfort over the privatisation plan By Michelle Quah WAH Shing International's deputy chairman Christina Cheung flew to Singapore to listen to minority shareholders' grievances about the company's privatisation plan, showing she understands the importance
      FILE PHOTO  -  565 words
    • Article
      Lock icon The rewards of being the First
      724 5  -  Innovation, a core focus and restructuring pay off handsomely for First Engg By Vinoe Chocig MANY companies must wish they had the foresight of First Engineering's late founder Ong Sin Seng when he took steps to restructure his company nine years ago. In a
      724 words
    • Article
      Lock icon Inno-Pacific's Quek, four others join Startech board
      319 5 INNO-PACIFIC Holdings deputy chairman Quek Chek Lan is fast making his presence felt at Sesdaqlisted Startech Electronics now that he and four others have joined the company's board at yesterday's extraordinary general meeting. Mr Quek bought a substantial 27.3 per cent stake in
      319 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    908 4 i for week beginning Jun 9 C—p—y W— <■>§ 11— SATS Wc A Mandarin lallroom 1»-Jul 10.00am I Laval 6 Soutt> T o<w»« 10 3Qarr MlriM Marxlir"- S pore i 333 Orchard Road SiA Engg A Mandarin laOreomi 1 4 2 12-Jul lOOOan Laval 6 Soutfi
    908 words
  • Page 4 Advertisements
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      32 4 I tjL I Lianhe Zaobao I Riding on I I successes I I Stockbrokers I I charge 1 fee I I for placement I I shares I I I I %m& I
      32 words
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      356 4 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF LEGACY ALLIANCE PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract ol the minutes at the Extraordinary General Meeting of members of LEGACY ALLIANCE PTE LTD convened and held at 141 Market Street, AEC Centre. International Factors Building,
      356 words
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  • Page 5 Advertisements
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      1136 5 Notices IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF INDfVERS INVESTMENT SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(1) ot the Companies Act. Cap 50 that the Final Meeting of Members of the
      1,136 words
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  • money personal finance
    • Article, Illustration
      Lock icon How to restructure your loan
      1016 6  -  There are generally four options available, but remember that restructuring really offers only short-term relief, writes KENNETH LIM KENNETH LIM EVEN if you haven't lost your job, suffered a wage cut or taken a beating in the stock market, chances are now isn't the best
      1,016 words
    • Article
      Lock icon One-year top winners portfolio replaced
      965 6  -  By Teh Hooi Ling SINCE the one-year top winners portfolio has not been performing, we've decided to replace it with one-month top winners portfolio. Studies have shown that over the short term, there is momentum effect in the movements of share prices. In other words,
      965 words
  • Page 6 Advertisements
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      909 6 HORIZON EDUCATION AND TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 4th Annual General Meeting of the shareholders of the Company will be held at Blk 970, Toa Payoh North, #01-01/03, Singapore *****2 on Monday, June 30, 2003 at
      909 words
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  • money personal investment
    • Article
      Lock icon Budgeting is not easy but it is a first essential step
      665 7  -  Bui Genevieve Coa SETTING a budget sounds like such a mundane, boring task that you may well ask whether it's even worth a discussion with a financial planner. But budgeting and cash flow are arguably at the base a
      665 words
    • Article
      Lock icon How to reduce stress—a case study
      460 7 How to reduce stress —a case study TO SHOW you how important budgeting is, here is a real case—the Hos (not their real name) supplied by DBS head of financial planning Cedric Luah. Mr Ho, 36. Mrs Ho, 38. One son, 6 Combined income: $8,800 Other assets: $35,000 in cash;
      460 words
    • Article
      Lock icon Finding big returns for small-caps
      528 7 Reuters [NEW YORK] Deep into an electrical engineering degree at college, Walter Prendergast changed course and decided that investing was more in line with a favourite boyhood pastime of tracking stocks with his Uncle Ivan. While growing up in Brooklyn, Mr Prendergast took a keen
      Reuters  -  528 words
    • Article, Illustration
      Lock icon Making money on earnings surprises
      919 7  -  show me the money All the good news may have been priced into the shares already; then again, it may not have been. It depends on a number of factors, a BT study shows teh hooi ling IT'S a lazy morning. You wake up at
      Compiled by BT  -  919 words
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  • money property
    • Article, Illustration
      Lock icon Look before you leap
      1142 8  -  Do your homework, keep an eye on policy moves, and investing in Malaysian property can be worth your while, says LEONARD LIM LEONARD LIM LOOKING for a nice retirement or investment home in Malaysia? Property prices are mostly still below their 1996 peaks, though some hot
      1,142 words
  • Article
    Lock icon Househunt Property transactions in selected districts between June 5 and June 11,2003
    1054 8 Househunt Property transactions in selected districts between June 5 and June 1 1,2003 District 01 NON-LANDED EmeraJd Gdn Apt 23/05/2003 999 1216 920 756 Riverwalk Apt Apt 1005/2003 99 1259 540 429 District 02 NON-LANDED The Arris Apt 14/05/2003 FH 936 823 879 The Arris Apt 13/05/2003 FH 1076 790
    1,054 words
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  • news at home
    • Article
      Lock icon Telcos want competition code relaxed more
      567 9  -  IDA'S planned changes leave it still too interventionist, they say ByA Angela Tan THE Infocomm Development Authority's (IDA) proposed amendments to its three-year-old telecom competition code have been generally welcomed, but phone companies here lament that the code is still too interventionist and have
      567 words
    • Article
      Lock icon Heavy agenda for Asean ministers
      258 9  -  Meeting will focus on economic integration By Daniel Buenas THE Asean foreign ministers' meeting in Phnom Penh on Monday will take place against a backdrop of a global economic downturn, the recently ended Iraq war, the continued terror threat, and the impact of Sars on
      258 words
    • Article, Illustration
      Lock icon Visitor arrivals up for a third straight week
      581 9  -  visitor arrivals By Leonard Lim VISITOR arrivals between May 27 and June 2 rose for the third week in a row, the Singapore Tourism Board (STB) said yesterday. Leading the charge was Indonesia, which supplied an extra 2,700 visitors compared with the
      AFP  -  581 words
    • Article
      Lock icon Temasek eyeing more Danamon shares: report
      268 9  -  From Shoeb Kagda in Jakarta HAVING secured a majority stake in Indonesia's Bank Danamon, Temasek Holdings is now interested in buying more shares in Indonesia's fifth largest bank, according to local newspaper reports. Bisnis Indonesia, a business daily, reported yesterday that Temasek and Indonesia'
      268 words
    • Article
      Lock icon SIA's May loads decline to 63.6% due to Sars
      163 9 Bloomberg SINGAPORE Airlines Ltd filled less total available space on its flights in May, a fifth consecutive month of decline, after demand slumped because of a deadly viral epidemic. Asia's largest airline by market value filled 63.6 per cent of its
      Bloomberg  -  163 words
  • Article, Illustration
    Lock icon FINANCE
    600 9 Transaction date.Jun 13 MTBRBAMK CURRBlfCT RATES Agiiftst S$ AMtott US5 kfkat S$ Aiiliit US$ CarrMcJvs BM Offtr BM Offtr Cfrtwctes BM Offtf BM Offy StlSSS to too SS-'VSS to one unit of foreign currency: units of foreign AnxtnAu dote 1.809 ***** 0.6436 Q 6641 MHiaw otm LEW* i.nci (VsJijf
    600 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      99 9 Have you grown enough to be recognised? Nominations for the 2003 eso.startup Award are now open. To be eligible, a company must: B be a privately-held enterprise be under 5 years old Ji (from date of incorporation) J have a strong nexus have at least 1 year of V audited
      99 words
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  • news executive jobs
    • Article, Illustration
      Lock icon Singaporeans venturing farther afield
      1052 10  -  But CHUANG PECK MING finds out that their chances of landing a job in cities like New York, London and Tokyo are slim CHUANG PECK MING WITH jobs drying up on the home front, executives and managers looking for work are stepping out of Singapore to
      AP  -  1,052 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      322 10 Positions open 9 Vice President (baaed in China)^Hj^^^H[ Contact: job@continenta)corp.ws 1^^ Quality Engineering Menager (based in Suzhou) Process Engineering Menager (Thailand/Suzhou) Product Quality Engineering Manager (Thailand) Contact: appiy_singaporB@coiogtica.oom Sourdng Manager (based in China) Contact: jobs@behringer.com.ag Projects Engineer/Manager (based in Zhuhai, China) Contact: pereonnel@cNcheng.com Pharmacist in Charge Pharmacist Contact: hrebhsd@health.qid.gov.au Senior
      322 words
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  • news region
    • Article
      Lock icon China cracks down on property financing
      566 11 Banks to be banned from lending for land purchases and loan quantum restricted Bloomberg [SHANGHAI] China ordered its banks to restrict real estate industry lending that totalled US$222 billion at the end of April, in a move to reduce loan risk, avoid fraud and
      Bloomberg  -  566 words
    • Article
      Lock icon APP debt plan turned down by two US hedge funds
      503 11 Bloomberg [SINGAPORE] Oaktree Capital Management LLC and Gramercy Advisors LLC, two US hedge funds with more than US$7 billion of distressed assets, say they won't go along with a proposed debt repayment plan for Asia's biggest defaulter. Asia Pulp Paper
      Bloomberg  -  503 words
    • Article
      Lock icon Sacked workers attack expat boss
      182 11 AP [JAKARTA] Fired workers from a local Volvo dealership in Indonesia attacked their Swedish boss with spears after negotiations over severance pay went awry, police said yesterday. Michael Ollson was stabbed in the back and slashed in the face at a meeting with the workers
      AP  -  182 words
    • inbrief
      • Article
        Lock icon Cathay's passenger numbers plunge 75% in May
        106 11 Reuters [HONG KONG] Hong Kong's main carrier Cathay Pacific Airways yesterday said that passenger traffic plunged 75 per cent in May as Severe Acute Respiratory Syndrome hurt its business and added it saw few signs of a pick-up in bookings. The airline, which
        Reuters  -  106 words
      • Article
        Lock icon Big demand for India's Maruti IPO shares
        113 11 NYT [BANGALORE] The closely watched initial public offering of India's largest carmaker, Maruti Udyog, got off to a resounding start on Thursday with the number of bids surpassing the number of shares on offer within a few hours. That was very good news
        NYT  -  113 words
      • Article, Illustration
        Lock icon Bush to visit Bangkok and Manila in Oct
        78 11 AP [WASHINGTON] President George Bush (right) will travel to Southeast Asia in October, with stops in Thailand and the Philippines, the White House announced. Mr Bush will attend the Asia-Pacific Economic Cooperation forum in Bangkok during Oct 20-21. He will visit the
        AP  -  78 words
      • Article
        Lock icon China tariff waiver for Hong Kong by end-June
        114 11 Reuters [HONG KONGJ China will waive import tariffs worth billions of dollars on 4,000 types of Hong Kongmade goods under a long-awaited trade pact due to be sealed by the end of June, the Ming Pao newspaper reported yesterday. It said Chinese
        Reuters  -  114 words
      • Article
        Lock icon M'sla to introduce compulsory national service
        74 11 AFP [KUALA LUMPUR] Malaysia will start calling up 18-year-olds of both sexes next year for compulsory national service aimed at instilling patriotism and building national unity, the government announced yesterday. Defence Minister Najib Razak told a news conference that anyone refusing the three-month call-up
        AFP  -  74 words
      • Article
        Lock icon Bangkok to pay off US$l.2b Thai Petrochem debts
        77 11 Bloomberg [BANGKOK] Thailand's government offered to repay an estimated U511.2 billion of debt owed to foreign creditors by Thai Petrochemical Industry, the nation's biggest petrochemical company and largest defaulter. The offer to pay off Kreditanstalt flier Wiederaufbau, the US Export-Import Bank and
        Bloomberg  -  77 words
    • Article, Illustration
      Lock icon Protect job outsourcing, says India
      583 11 Delhi wants WTO to counter US backlash over shifting jobs Bloomberg AP [WASHINGTON] India wants global trade rules to counter the backlash in the US as Microsoft Corp, Citigroup and other companies move computer programming, call centre and other back-office jobs to India and other
      Bloomberg; AP; AFP  -  583 words
    • Article
      Lock icon IBM to double staff at Indian centre
      232 11 Bloomberg [NEW DELHI] International Business Machines Corp, the world's largest computerservices company, plans to more than double the number of employees at its Indian business process centre as part of its plan to make the country a global hub for such operations. "We
      Bloomberg  -  232 words
  • Article
    Lock icon ELSE
    2130 11 Transaction date.Jun 13 KUALA LUMPUR y- Z2fc==3& Ml *1- raooi General Sol 1-26 unch 0 Gcntmg 14.20 unch 688 aiuRealty 086 imch 50 George Kef* .0.38 -0.02 115 095 303 538 GlobetronaTach 500 -0.05 160 ACPWJustnes 2 94 io3 159 GtomacBhd- 1.72 002 863 344 001 1358 GoWBndgeEngrg 044
    2,130 words
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  • news world
    • inbrief
      • Article
        Lock icon Oracle Q4 profit beats forecasts
        148 12 Reuters [PALO ALTO, California] Oracle Corp on Thursday posted a bigger-than-expected 30 per cent rise in fourth-quarter profits and said it was gaining ground in a tough market for corporate software. For the quarter ended May 31, Oracle had net income of US$B5B million, or
        Reuters  -  148 words
      • Article
        Lock icon US Fed shouldn't commit to rates: official
        116 12 Reuters [ST LOUIS] The Federal Reserve should keep its options open on interest rates and not lock itself into a commitment to hold them at a set level, St Louis Fed Bank president William Poole said. "Federal Reserve policy is driven and ought
        Reuters  -  116 words
      • Article
        Lock icon Options would cut HP's Q2 profit by 26%
        96 12 Bloomberg [SAN FRANCISCO] Hewlett-Packard Co said on Thursday that its second-quarter net income would have been US$4B7 million, or 26 per cent less than it reported, had the company treated stock options as a cost. Expensing options would have knocked off US$l72
        Bloomberg  -  96 words
      • Article
        Lock icon IEA sees oil demand picking up in H2
        104 12 Bloomberg [PARIS] The International Energy Agency said oil demand will accelerate in the second half of the year at a time when world inventories are lower than normal. It boosted its forecast for second-half use by 200,000 barrels, with consumption peaking at
        Bloomberg  -  104 words
      • Article
        Lock icon Italian PM under probe: reports
        96 12 Reuters [ROME] Magistrates are investigating Italian Prime Minister Silvio Berlusconi for suspected tax fraud and false book-keeping linked to a transaction by his media company in the *****, Italian newspapers reported yesterday. Mr Berlusconi's lawyer, Niccolo Ghedini, denied any wrongdoing by his client. The reports
        Reuters  -  96 words
    • Article
      Lock icon XO sweetens its Global Crossing bid
      464 12 It proposes making its USs7oovn offer all cash, or to buy the network operator's debt Reuters Bloomberg [NEW YORK] Financier Carl Icahn's XO Communications Inc on Thursday sweetened its bid to acquire Global Crossing Ltd after an initial bid that included securities was spurned
      Reuters; Bloomberg  -  464 words
    • Article, Illustration
      Lock icon Everyman for the ages
      472 12 LATWP AP [WASHINGTON] How fitting that just weeks before he died on Thursday, the American Film Institute named Gregory Peck the greatest hero in the history of motion pictures. It was not just his indomitable performance as Atticus Finch in To Kill a Mockingbird that did
      LATWP; AP; AFP FILE PHOTO  -  472 words
    • Article
      Lock icon Korea's SK Group owner jailed for accounting fraud
      382 12 Bloomberg [SEOUL] The owner of SK Group, South Korea's fourth-largest business group, was jailed yesterday for three years for fraud that led to the nation's biggest accounting scandal since 1999. Chey Tae Won, 42, and nine other executives, including Chairman Son Kil
      Bloomberg  -  382 words
  • Article
    Lock icon STOCKS ASIA
    4763 12 Transaction date: Jun 13 HONGKONG »«i hkumi 1.53 003 2096 HKS W- U00 Moog Kong Electric .31.20 unch 4818 Hongkong Chinese 0.82 0.01 2224 AJpha General 0.28 -4.01 28 Hongkong Chinese Ltd OA 0.01 2224 AnandaWingOn 0.01 unch 0 Hopewell Holdings 800 0.10 1296 Angang New Steel H
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  • style sports
    • Article, Illustration
      Lock icon Is Beckham God's gift to football, or marketing?
      891 13  -  frankly speaking He's a phenomenon in the field of marketing, and therein lies his value in today's commercialised sporting arena naveen verghese HAVEN'T we had enough "David Beckham as God's gift to football" nonsense? Said to be the subject of buying interest
      REUTERS  -  891 words
    • Article, Illustration
      Lock icon The Beckham brand is worth the price tag
      474 13  -  michelle quah DAVID Beckham may be an overrated player, but the financial benefits of selling him or buying him certainly aren't. Alex Ferguson's protege, who costs Manchester United about £100,000 (*****,640) a week in salary and imaging rights, is now looking more
      474 words
    • Article
      Lock icon New rules tune F-1 race fervour to peak performance
      607 13  -  By Ronnie Lim F-l's new formula is working to keep race excitement high and fans around the world timed in. As this year's race season hits the half-way mark in Montreal tomorrow, there is no clear leader (driver or team-wise) yet,
      607 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3373 13 UNIT TRUSTS FUNDS Com Global Health Index Fd 0.8V Com Global Telecom Index Fd 0 445/ Com Global Infotec Index Fd! 0 307/ fr ■Jy (5^w CJ Com Global Energy Index Fd 0 88% Com global Travel ndex Fd 0 68V s£ 0 lev Com s >™ Star Asian Tiger
    3,373 words
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  • style motoring
    • Article, Illustration
      Lock icon Haute hatchback
      1088 14  -  SAMUEL EE checks out three of the hippest, most stylish little cars on the market SAMUEL EE They may have been called small and cute in the past, but many of today's baby hatchbacks are closer to small and cool. Unlike little pets or various parts of the
      1,088 words
  • Article
    Lock icon SGX
    713 14 Transaction date.Jun 13 TURNOVER rOOO) VALUE (*000) tUm Mq Tetal 1Mb S*q Tetal Mutt tod 48,197 48.197 48.380 ***** Manufacturg 248.567 135,380 383.947 147.417 34.606 182.023 Commerce 8S.196 2.334 87.530 23.633 406 24.039 Tpt/Stor/Com 65,358 791 66.149 75.004 127 75.131 Finance 46,551 46.551 127.786 127.786 Construction 46.427 28,338 74.765
    713 words
  • Article
    Lock icon BONDS & WARRANTS
    548 14 BONDS WARRANTS Prom Expiry Expiry LM1 Vol Can law One Goer- Mtfcs LM Vol Com Exor Nk Soar- Mtki Camyi Solo f>- f—> —ll» Mto li UH Ciopif trto tor- ffWI toOo Prtco It loft Pac Andes W*****0 -05 399 t 20 9 2 94 24 AST1VV*****1 15 1 16
    548 words
  • Article
    Lock icon SGX SESDAQ
    1464 14 52-Mi last Vol Day Lart Quota GrfMv Dtv GfVM Mat MCaa U* Uf Val Da* la*Qiw9o_ GrOfc 0* fctM «N« MCap Wtfi law Coaoany Sale W- COOP) H» low Buyer SaWer Cor P* $3 HMl lew Ciwiay f—I £Z 55—=L 175 75 A8R Hldgs Jc W.5 -0 5
    1,464 words
  • Article
    Lock icon GLOB INTERNATIONAL
    178 14 o-wk la* Vol Day IMftM Grtftr W» «fTM MM MC* HI0! Uw cowyy M» W- f8M> W# L—r 8»yr M«r CV W to* 147 81 A VJennings A25C A147cd *3 440 147 145 146 147 40 3.4 68 86 316.4 Cathay Pac 20c HK720 265 2.1 7.4 6
    178 words
  • Article
    Lock icon SGX XTRANET
    201 14 u-Wk List Vat Day UtfQaaM Gftt* Mr GrVM MM MCas MMi Cnnywi) fit *t- fW> L— i** Cm K 9600 89 Diamonds U*****cd >230 9100 3810 2700 ISDJUSTcdl US3740 555 555 ISMSdSpore US555 en 8200 ISS4PS00 l»*****cd 1000 9990 ***** 8280 SPOTS US9650cd 1080 9990 1670 1230 STIETf
    201 words
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  • style health
    • Article, Illustration
      Lock icon the training game
      1199 15  -  Are you maximising your time in the gym or just not working hard enough? SEAM US PHAN gives the lowdown SEAMUS PHAN GYM goers fall into five categories those who train really hard intelligently, those who train hard blindly, those who THINK they train hard, those who
      FILE PHOTO  -  1,199 words
    • Article
      Lock icon socondopinion
      520 15  -  Compiled by Cheah Ui-Hoon Qlis it really necessary for children to take supplements? How do I know what is the right thing to take and how much? What is the link between the digestive system and the child's IQ and EQ? A: Most adults are sub-clinically nutritionally deficient. As
      520 words
  • Article
    Lock icon SGX MAIBOARD
    6419 15 Transaction date: Jim 13 S2-Wk Last Vol Day LaMQuott OrOtv Drv GrVM Net MCjd law Company Sal* COOP) Low l»yr Htm S Cvr K W ABNAmroNLG 56c 9 12 3 4 138 8 16 9 ACE Dynamics20c 14.5cd -0.5 1 14.5 14.5 14.5 16 100 137 9 143
    6,419 words
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  • style shopping
    • Article, Illustration
      Lock icon table talk
      994 16  -  Today, CORINNE KERK checks out dining and kitchen ware that's on sale. Next week, golf and other sports equipment CORINNE KERK Entertaining at home is what people do when they are house-proud, avoiding crowded places, and have some nice kitchen and dining ware to show off. And with
      994 words
    • Article, Illustration
      Lock icon The call of the future
      568 16  -  Design, rather than technology, rules the day with the new Xelibri phone, as CHEAH UI-HOON finds out CHEAH UI-HOON TO become the Swatch of the mobile phone industry, that's what Siemen's Xelibri phone hopes to become fashionable with accessible price points. "Just like many people
      568 words
    • instore
      • Article, Illustration
        Lock icon Get shirty
        59 16 Looking for something to give that special dad in your life on Father's Day tomorrow? Raoul has a package consisting of a premium two-ply shirt, a pair of collar stays and a choice of a tie or a pair of cufflinks for just $150. This promotion is available
        59 words
      • Article, Illustration
        Lock icon A shoe for all seasons
        36 16 With a brand like Alessandro, a casual pair will always look proper on most occasions. More so for these Kroll mules worth $189 from Italy. Available at Alessandro, including Millenia Walk.
        36 words
      • Article, Illustration
        Lock icon Care package for dad
        76 16 Still on Father's Day. Biotherm Homme has a special Father's Day Value Set consisting of a Detoxifying Cleanser, Age Fitness Active Anti-aging care, Abdosculpt Body Firming Gel and Hydra Detox Eye lotion in a cool-looking zip pouch at $99 (U.P. $149). With every purchase of the
        76 words
      • Article, Illustration
        Lock icon A close shave
        68 16 If you like it smooth, here's a shaving foam that comes close. The Nivea Mild Shaving Foam, launched recently with its new face care range for men, is enriched with sea minerals and vitamin F that are supposed to prevent dry skin and keep it feeling smooth.
        68 words
      • Article
        Lock icon talk shop
        398 16  -  Compiled by Mike Chua and Corinne Kerk MHIenla Walk Arts on ttM Mov* Railroad Bill (UK) today, 3pm: The music of Railroad Bill is a footstomping fusion of western swing, blues and rock 'n' roll. Marvel at their magnificent musical saw and swoon at their skilful sticky tape
        398 words
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  • style pursuits/wine&dine
    • Article, Illustration
      Lock icon entertainmentguide
      1307 17  -  Going out or staying in this weekend? parvathi nayar rounds up recommendations PARVATHI NAYAR Yesterday once more Fans of the Fab Four will take delight in Anthology, a five-DVD set. The Beatles' role in music has been copiously chronicled since it burst onto the scene in 1963, and left
      1,307 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      836 17 wine&dine with weekendßT ISSSA Fathers Day f ather-anichW *<*an* eontaat Is on promotions every wee*(see BT Wine Dine section every Experience authentic cuisine from one of the Orchard Hotel. Dtne at the Orchard Cafe from now to anfrience. Till July 15.erffi palatal Tuesday). Free tasting and free delivery for a
      836 words
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  • style food
    • Article, Illustration
      Lock icon dumplings and such
      1328 18  -  Does the rise of the food court spell the demise of the traditional dimsum restaurant? GEOFFREY EU goes in search of the classic Chinese delicacies GEOFFREY EU COULD it be that dim sum in Singapore is getting a bad, uh, wrap? Partly because Singaporeans are so spoiled
      DRAGON PHOENIX RESTAURANT  -  1,328 words
    • Article, Illustration
      Lock icon In a bubbly mood
      1164 18  -  Champagne isn't just for special occasions, as CHEAH UI-HOON discovers CHEAH UI-HOON SAY "champagne" and immediately, everybody goes into celebration mode. While other drinks may need major advertising campaigns to carve out an image for themselves, champagne has never had a problem. But therein lies the
      1,164 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      343 18 CRYPTIC CROSSWORD 1 Giving notice saved tiring involvement (11) 9 Fool round call about a colleague (9) 10 Porter carrying extra soft fruit ■■""""■■""""■H ~~|^B 11 Jack, a painter, reversed the 11 I T 1 1 I I I 1 mount (6) 12 Most impassive people in the IHPHH—JH—most perfect
      343 words