The Business Times, 10 June 2006

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL26922
Total Pages: 20
1 20 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES SINGAPORE 85 cents MICA (P) 099/03/2006 June 10-11, 2006 online at http corn sg
    17 words
  • Article
    Lock icon Equity markets lose 5-26% in a month of chaos
    655 1  -  By CONRAD TAN [SINGAPORE] Stock markets in the region and around the world have lost between 5 and 26 per cent of their value since equities began their downward slide a month ago. Many regional indices, including the Straits Times Index
    655 words
  • Article
    Lock icon MARKETS DIGEST
    131 1 STI 2.337.44 (+40.33) ST INDEX FUTURES 2,340.00 (+40.00) SIMSCI 277.81 (+5.18) SIMSO FUTURES 278.00 (+3.80) MARKETS Friday Change KLSE COMP 915.40 -1.85 NIKKEI 225 14,750.84 +117.81 HANG SENG 15.628.69 +178.58 SET INDEX 670.41 5.22 JAKARTA COMP 1,274.75 +33.43 MANILA COMP 2,f59.50 +1.82 SEOUL COMP 1,235.65 +12.52 SHENZHENS 278.82
    131 words
  • Article, Illustration
    Lock icon Singapore's MICE space set to double by 2009
    971 1  -  Arrival of integrated resorts fuelling growth but neighbouring cities are muscling in on the action By ARTHUR SIM [SINGAPORE] Space for meetings, incentives, conventions and exhibitions (MICE) is expected almost to double in Singapore by 2009, in large part due to the
    971 words
  • Article
    Lock icon Broadband vendors measure up in IDA tests
    633 1  -  By ROLAND LIM [SINGAPORE] In a bid to help consumers decide between the myriad broadband offerings, the Infocomm Development Authority of Singapore (IDA) has released the results of its own tests on local providers, which show that most delivered close to their advertised
    633 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Singapore inks partial open-skies pact with EU
      442 2  -  Deal allows all European airlines to fly between any EU state and S'pore By VEN SREENIVASAN [SINGAPORE] Singapore yesterday signed a partial open-skies agreement with the European Union (EU) under which EU countries with bilateral air agreements with Singapore will have to allow
      FILE PHOTO  -  442 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      405 2 Over $9m of paper gains for Star Hub CEO STARHUB chief executive Terry Clontz exercised options worth 5.50 million shares on Monday and currently has paper gains of just over $9 million. Mr Clontz was granted his options on June 16,2000. COMPANY NEWS. PAGE 4 Sing Tel aiming
      405 words
    • Article
      Lock icon No offshore trading of ringgit yet: Zeti
      504 2 Bloomberg Reuters AFP [KUALA LUMPUR] Malaysia may allow offshore trading in the ringgit when the nation's financial system becomes more mature, central bank governor Zeti Akhtar Aziz said. "We don't rule out that it can happen in the future as our financial system
      Bloomberg; Reuters; AFP  -  504 words
    • Article, Illustration
      Lock icon Have a heart for volunteers
      687 2  -  SATURDAY SOAPBOX JUDY LOUIS Sub Editor HERE you are happily ambling along a strip of malls, sipping your mocha frappucino while you debate whether you should treat yourself to a über-chic $101 burger or get messy with Carl's Jr. Then you spot them usually students,
      687 words
    • Article, Illustration
      Lock icon Theglobalistquiz
      387 2 Source: The Globalist fA t yt'pJ Pjjfe t& i* h" <?*JK y iiW jMasters of Economic Growth Among industrialised countries the United States is often portrayed as growing the most dynamically, lhat in turn has led observers to draw broad conclusions as tS which economic model is superior. We
      Source: The Globalist  -  387 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      287 2 S Department of Finance I \y Accounting nus I National University of Singapore The Department of Finance and Accounting, NUS Business H School, invites applications for accounting non-tenure-track Hj positions of all ranks (Assistant/Associate/Full Professor). H Applicants should be a CPA with at least an undergrcfcluate w degree from a
      287 words
Page thumbnail Page 3
  • RAFFLES CONVERSATION
    • Article
      Lock icon Mixing bluntness with a smile
      299 3 Poker and politics ON one occasion the Tunku repeated my words to his Cabinet, and I received a stiff warning from its members not to mix play at the poker table with the business of policy. I said to the Tunku: "Look, don't tell me
      299 words
    • Article, Illustration
      Lock icon Grandmaster of Property
      1982 3  -  Malaysian property tycoon Tan Chin Nam tells EDDIE TOH how he built an empire out of a rice-trading business EDDIE TOH TAN Chin Nam, whose name translates literally from the Chinese as Tan Develop South, may not be a household name in Singapore. But the seasoned Malaysian
      ARTHUR LEE  -  1,982 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      61 3 Raffles INTERNATIONAL Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Over $9m StarHub paper gains for CEO
      415 4  -  Terry Clontz exercises options for 5.5m StarHub shares By JENNANI DURAI STARHUB chief executive Terry Clontz, who on Monday exercised options for 5.5 million shares in the company at prices ranging from 40 cents to 84 cents a share, is now sitting on
      415 words
    • Article
      Lock icon Biosensors hits back at Dutch TV show's charges of unethical actions
      437 4  -  By UMA SHANKARI BIOSENSORS International Group, whose Dutch subsidiary Occam International BV was earlier this year accused of unethical actions by a Dutch television programme, hit back yesterday, saying the broadcast contained inaccuracies and misstatements which the company believes
      437 words
    • Article, Illustration
      Lock icon SingTel aiming to be top Asia-Pac telco
      534 4  -  It is also eyeing all SMEs that are going regional By SIOW LI SEN SINGAPORE Telecommunications has ambitious plans to become the number one telco provider in Asia-Pacif-ic, banking on strong growth of global corporates that are building factories in China and setting
      KENNETH KOH  -  534 words
    • Article, Illustration
      Lock icon Tiresome week with same old worries
      607 4  -  STOCKS R SIVANITHY Senior Correspondent IT must be tiresome for readers especially those who are also active traders to have to endure stock market reports that have said basically the same thing day in, day out for the past month. After all. how many
      607 words
    • Article
      Lock icon ST Engg completes acquisition of B R Lee
      267 4  -  By MATTHEW PHAN ST ENGINEERING, recently battered in the stock market, yesterday completed its US$l29 million acquisition of US-based manufacturer of road construction and maintenance equipment, B R Lee Industries. The buy is in line with the group's aim to develop its
      267 words
    • Article
      Lock icon Asia Power wins 1.2b yuan deal to develop China plants
      291 4  -  By WONG WEI KONG ASIA Power has sealed a 1.2 billion yuan (Ss24o million) deal in China. Asia Power said yesterday it has entered into a development agreement with the Yunnan Linchang municipal government under which it won the rights
      291 words
    • Article
      Lock icon Varun misses IPO prospectus deadline
      356 5  -  It'll launch share issue when 'market conditions are more conducive' By MATTHEW PHAN VARUN Shipping Company, India's biggest owner of liquefied natural gas (LPG) vessels by tonnage, has delayed the registration of its initial public offering prospectus for a Singapore listing, sources told BT yesterday.
      356 words
    • Article
      Lock icon Vita sets sights on 51% JLC stake
      246 5  -  By KRITI SINGH CHINA-based ship-charter-ing group Vita Holdings has set its eyes on coal-mining concessions in Indonesia by striking a deal to acquire 51 per cent of a Singapore-in-corporated firm for US$3 million. Vita, which was listed on Sesdaq in January last year,
      246 words
    • Article
      Lock icon Advanced Modules to go ahead with dividend payout
      318 5  -  By NANDE KHIN ADVANCE Modules Group said yesterday that it has yet to receive an amount due from a Hong Kong buyer of about U5514.34 million which was the subject of a qualification of its FY2005 financial statements by its auditors but
      318 words
    • Article
      Lock icon DBS to buy further 54% stake in AXS
      367 5  -  By SIOW LI SEN DBS Bank is acquiring a further 54 per cent stake in AXS the island-wide payment network of self-ser-vice kiosks. The move will expand electronic services for the bank's millions of customers, the company said yesterday. It currently directly
      367 words
    • COMPANY BRIEFS
      • Article
        Lock icon Zhao Shousen named CAO deputy chairman
        27 5 CHINA Aviation Oil has appointed Zhao Shousen, the current chief accountant of China Aviation Oil Holding Company, as its deputy chairman.
        27 words
      • Article
        Lock icon SPH appoints Mabel Chan as head of HR
        42 5 SINGAPORE Press Holdings (SPH) has appointed senior vice-president Mabel Chan, 45, as its head of human resources. Ms Chan takes over from Wee Leong How, who is resigning with effect from June 12, 2006.
        42 words
      • Article
        Lock icon CftO Pharma names KPMG as new auditor
        26 5 C&O Pharmaceutical Technology has appointed KPMG as its new auditor, replacing PricewaterhouseCoopers, as part of an audit rotation process.
        26 words
      • Article
        Lock icon 'Investment interest* in System Access
        63 5 COMMENTING on the recent increased trading volume of its shares, System Access said it is "not aware of any specific reason for the movement in the price and volume of the company's shares". But it also said it "has received certain confidential expressions of interest
        63 words
      • Article
        Lock icon China losses to hit Chosen's H2 results
        48 5 CHOSEN said results for the second half 0f2006 would be affected by losses incurred by its Shanghai and Dongguan operations, due to raw material price increases and higher logistic costs. Profits for FY2006 are expected to be lower than for FY2005.
        48 words
      • Article
        Lock icon SPC's well carries out successful tests
        60 5 SINGAPORE Petroleum Company said its Lukah-lX exploration well has successfully tested natural gas and condensate over two sand intervals of 20 and 25 metres. The two intervals flowed at a combined rate of about 19.7 million cubic feet per day of natural gas and
        60 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      1094 4 (j^nackspeed* JACKSPEED CORPORATION LIMITED Registration No: *****0300W Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of the Company will be held at 47 Loyang Drive Singapore *****5 on Monday, 26 June 2006 at 10:00 a.m. to transact the following businesses: ORDINARY
      1,094 words
Page thumbnail Page 5
Page thumbnail Page 6
  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      981 6  -  Compiled by UMA SHANKARI Raffles Education JWM 9 dose: OCBC INVESTMENT RESEARCH, June 8 WE RECENTLY went on a trip to Raffles Education's (REC) flagship college in Shanghai. In a space of 10 to 15 years, this partnership with Dong Hua University has grown into an operation with
      Source: Bloomberg  -  981 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1071 6 For week beginning Jun 5 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Buy MO Of Prtc. SWUttNOlMNG Tram 111 inhnMarl S*A Skmt tar Man art SZT c— 0*0 s»s (000) rw» Lafe Tech 9-Jun-06 The Grande Grp Boy 1313 na ura JelCorp 9-Jun-06 Tan Boon Yong Ent Buy 236 0.22
      1,071 words
    • Article, Illustration
      Lock icon IP businesses: boom or gloom
      1698 6  -  SHOW ME THE MONEY Why the fortunes of IP-related stocks like Biosensors may hinge on court decisions TEH HOOI LING Senior Correspondent IN THE last four weeks, the share price of heart stent maker Biosensors has plunged by 50 per cent. Some $600 million has
      FILE PHOTO  -  1,698 words
Page thumbnail Page 7
  • BT INVESTMENT ROUNDTABLE
    • Article, Illustration
      Lock icon Is US dollar headed for doldrums?
      2978 7 OVERVIEW MARKETS have sounded the retreat. This week the Dow Jones Industrial Average felle below 11,000 for the first time in three months and other markets have fallen sharply in sympathy. As one of our panelists in this week's Investment Roundtable notes: "With so
      2,978 words
  • Page 7 Advertisements
Page thumbnail Page 8
  • S'PORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon A lively blend of traditions
      456 8  -  GHANA SANGAM By NOOR AISHA THIS weekend, let Ghana Sangam dispel any notions you may have that Indian and Chinese classical music do not go well together. Ghana Sangam is a blend of the two that interestingly also incorporates a twist of rock and pop.
      456 words
    • Article
      Lock icon Greens sounds great
      514 8  -  THE VEGETABLE ORCHESTRA By JURENA CHAN A WHOLESOME, healthy show with a large dash of zing and zest. That would nicely describe the one-night-only performance by The Vegetable Orchestra from Austria at the Jubilee Hall last Thursday. The concert was probably one of the most unusual shows
      514 words
    • Article
      Lock icon An aesthetic tableau fraught with tension
      638 8  -  DRAMA BOX'S A STRANGER AT HOME By CHEAH UI-HOON FACED with an avantgarde play, it helps to have some or rather, many clues along the way. For Drama Box's A Stranger At Home, the first vital clue was the first English subtitle, "A Mind
      638 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      29 8 1^325^2^* IES Wim Cooler Bog complete with accessories m«i voyi vffignßF call 6388 3838 now to subscribe Mfvtry chargts apply White «tock» kwrt < The Business Times Newsweek -»®a L
      29 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article
      Lock icon Man charged in biggest GST fraud case
      256 9  -  By WEE LI-EN FORMER sole proprietor of Infitronics Enterprise, Tang Wai Kay, was charged in court yesterday with defrauding the Inland Revenue Authority of Singapore (IRAS) of $1.13 million in taxes, which is the largest amount involved in Goods and Service Tax (GST)
      256 words
    • Article
      Lock icon HSBC Investments to close BRIC Fund to new money
      553 9  -  By GENEVIEVE CUA HSBC Investments will close its BRIC Freestyle Fund at the end of the month to new monies, on concern that heavy inflows to date could crimp its ability to generate returns. The firm's BRIC fund, investing in the
      553 words
    • Article, Illustration
      Lock icon Recapture the old times with Pasar Theatre
      277 9  -  BY ARTHUR LEE PASAR malams used to be a regular heartland attraction, with dozens of stallholders offering an array of merchandise. This year, Pasar Theatre, part of ArtsFest 2006, aims to recapture the spirit of the old days by bringing the arts to
      ARTHUR LEE  -  277 words
    • Article
      Lock icon S'pore office to spearhead Taleo's move into region
      477 9  -  By NANDE KHIN TALEO Corporation, a workforce management software solutions provider, has just opened its first Asia office in Singapore, which will serve as a launch-pad into the region. It is particularly interested in tapping into the growth of the two economic
      477 words
    • Article
      Lock icon CPF cut won't be restored soon: Lim Boon Heng
      500 9  -  The principles behind the cut still apply today, says NTUC sec-gen By NANDE KHIN LABOUR chief Lim Boon Heng does not see the Central Provident Fund (CPF) rate cut being restored any time soon, saying the principles behind the cut still
      500 words
    • Article
      Lock icon RTM 1 cable feed encrypted
      186 9 WORLD Cup fans trying to catch the latest updates on Malaysian channel RTM 1 via their Star Hub cable networks may have been frustrated for the past few days. Radio Television Malaysia (RTM) has been encrypting its satellite signal since June 7 to restrict access
      186 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      900 9 ■■cow CDW HOLDING LIMITED (Incorporated in Bermuda) (Bermuda Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of CDW Holding Limited (the "Company") will be held on 26 June 2006 at 3.00 pm at Carlton Hotel Singapore, Level 2, Con naught
      900 words
Page thumbnail Page 10
  • WORLD CUP 2006
    • Article
      Lock icon Anguish for the English
      788 10  -  By R SIVANITHY THIS may sound incredible to some people, but England has no chance of winning the World Cup. Not even with a fit Wayne Rooney. The best it can hope for is to reach the second round, but even this would require a major
      788 words
    • Article
      Lock icon Sir Bobby tips Brazil, England to shine
      319 10  -  By WINSTON CHAI in Munich MAKING a surprise appearance as the guest speaker at a business conference here, English football legend Bobby Charlton is backing his home country for World Cup glory, provided defending champions Brazil offers an olive branch. "We (England) have
      319 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      1106 10 SI philips SHE sense and simplicity Organised by The Business Times and Philips, it brings together 32 executives who have teamed up to help raise funds for Food from the Heart. Each executive has been assigned a team. And for every match the team plays, the executive will donate $1,000.
      1,106 words
Page thumbnail Page 11
  • MALAYSIA
    • Article
      Lock icon M'sian brokers against Bursa plan to license CPO price to Jade
      446 11 They say move will hurt local market, boost S'pore-based competitor [PETALING JAVA] Futures brokers stepped up their objection to Bursa Malaysia's plan to sell its crude palm oil (CPO) settlement price to Singapore-based Joint Asian Derivatives Exchange (Jade), stressing
      446 words
    • BRIEFLY ASIA
      • Article
        Lock icon Sensex posts biggest rise in two years
        77 11 Bloomberg [MUMBAI] India's Sensitive Index posted its biggest gain in two years, the steepest move among markets included in global benchmarks. The Bombay Stock Exchange Sensitive Index, or Sensex, surged 514.65, or 5.5 per cent, to 9810.46, rebounding from its lowest since Jan
        Bloomberg  -  77 words
      • Article
        Lock icon China's outstanding bank loans up 16%
        75 11 AP [SHANGHAI] China's outstanding bank loans rose nearly 16 per cent in May over a year earlier to 209.4 billion yuan (5541.6 billion), state media reported yesterday. New loans totalled 2.12 trillion yuan in just the first five months of the year, closing in
        AP  -  75 words
      • Article
        Lock icon Indon ambassador to return to Canberra
        70 11 AP [JAKARTA] Indonesia's ambassador to Australia will return to Canberra this weekend, part of efforts to ease a diplomatic rift over asylum seekers, a foreign ministry spokesman said. President Susilo Bambang Yudhoyono will also meet Australian Prime Minister John Howard on June 26 to
        AP  -  70 words
    • Article
      Lock icon GP Ocean postpones listing
      135 11 [KUALA LUMPUR] GP OCEAN Food Bhd chairman Ali Kadir on Thursday confirmed listing of the integrated seafood producer has been postponed, reports Malaysia's Business Times. The company's listing exercise has come under the Securities Commission's (SC) probe after the regulator's attention was drawn to the forecast
      135 words
    • Article
      Lock icon Dr M suffering from 'post-PM' syndrome, says Musa Hitam
      365 11 AFP Bernama, [KUALA LUMPUR] Musa Hitam, who stepped down as deputy prime minister in February 1986 following differences of opinion with former prime minister Mahathir Mohamad, knows very well the outspoken style of his former boss. To him, Dr Mahathir's recent
      AFP; Bernama,  -  365 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5213 11 UNIT TRUSTS FUNDS ACMGIAmer Income BUSO 8.44/ ACMGI Amer Income A EUR 6.67/ ACMGI Amer Income B EUR 6.671 W AIN Amro Asset Mgt (S'pore) ACMGI Etmp Income Opp AT SGO 15.12/ Star Eixope Eqty!** 0.888/ ACMGI Europ Income Opp BT SGO 15.12/ 0 Stat Europe Bond 1-183/ ACMGI Etrop
      5,213 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      35 11 AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits Allianz (jfi) of potential quarterly payouts and limits possible downside. Visit OCBC Bank for Globa| nvestors m OTP details company regtv no I9990/169Z
      35 words
Page thumbnail Page 12
  • GREATER CHINA
    • Article, Illustration
      Lock icon Cathay Pacific pays HK$8.2b for Dragonair
      523 12 Deal allows HK flag carrier to crack booming China market Reuters [HONG KONG] Hong Kong flag carrier Cathay Pacific Airways Ltd yesterday said it would pay HK$B.22 billion (Sssl.7 billion) in cash and shares to take over rival Dragonair in a longexpected deal that
      Reuters; AFP  -  523 words
    • Article
      Lock icon SGX MAINBOARD
      7536 12 Transaction date: Jun 9 52-Wk Td LMt Vol Day Last Quota GrMv Wv Grty Nat MCip HW> Low Coda Caimnwy Sata r000) HWt Low Nyar Sa»ar On W 4.5 1 5716 IstSoftwareSc 2.5 2 3 101 16 6 3148 STelecom US2c 6.5 unch 200 6.5 6.5 6.5 7
      7,536 words
    • Article
      Lock icon China to scrap closed-end funds soon
      324 12 [BEIJING] The mainland's securities regulator will soon let the country's closed-end funds dissolve or convert to open-ended funds on maturity, a move that could lead to a surge in share sales just as investors are bracing for the resumption of initial public offerings, the
      324 words
    • Article
      Lock icon CSRC adds penalties for rule breakers
      167 12 Bloomberg [SHANGHAI] China's securities regulator, which is approving initial public offerings (IPO) after a year-long ban, has expanded penalties for stockmarket rule breakers. From July 10, the controlling shareholders of listed companies and securities firms may be expelled from the market for breaches, the
      Bloomberg  -  167 words
Page thumbnail Page 13
  • INDIA
    • Article
      Lock icon India raises 2 key interest rates
      492 13 Move comes on same day as key rates hike in Europe, S Korea Reuters AP, [NEW DELHI] India's central bank raised two key interest rates by a quarter percentage point each, in a move that surprised many as it came faster than expected. Late
      Reuters; AP,  -  492 words
    • Article
      Lock icon SGX
      6369 13 Transaction Date: Jun 9 MOST ACTIVE STOCKS VOLUME VALUE SingTel 15c 54.311.000 SingTel 15c 131.302.960 Thai Beverage 25.390.000 DBSGrp 99.689.700 CapitaLand 24.088.000 CapitaLand 98.073.100 Gallant 21.921.000 UOB 53.721.900 Celestial US6c 20.546.000 SGXIc 43.940.400 Hengxin 20.206.000 OCBC Bk 50c 41.669.000 UTAC US15C 19.408.000 Keppel Corp 50c 39.257.800 China SunHK25c 15.987.000
      6,369 words
    • Article
      Lock icon Market slide may hit country's biggest IPO: bankers
      267 13 Reuters [MUMBAI] DLF Universal Ltd may raise far less than the US$3.5 billion it had hoped in India's largest initial public offering, banking sources said on Thursday, making the property firm the latest casualty of Mumbai's sliding stock market. DLF, which has
      Reuters  -  267 words
Page thumbnail Page 14
  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Softbank CEO is Japan's richest
      240 14 And Livedoor founder Horie, arrested in Jan, slips from US$l.3b to US$280m: Forbes Bloomberg [TOKYO] Masayoshi Son, founder and CEO of Softbank Corp, is Japan's richest person with a net worth of US$7 billion, Torbes Asia said in its June 19 issue. Mr Son, 48,
      Bloomberg  -  240 words
    • Article
      Lock icon April US trade gap smaller than expected
      350 14 LATEST US DATA Reuters [WASHINGTON] The US trade deficit widened less than expected in April to U5563.4 billion, as oil import prices surged close to historic highs and US exports turned in a near record performance, a government report showed yesterday. Wall Street
      Reuters  -  350 words
    • Article
      Lock icon Nand memory's next frontier: the PC
      346 14 Reuters [TAIPEII First, it colonised the world of digital cameras, then music players and mobile phones. Now, the type of memory known as Nand has set its sights on one of the computing world's most hallowed grounds the PC. The hottest thing in computer
      Reuters  -  346 words
    • Article
      Lock icon Asian hedge funds suffer dismal May
      437 14 Bloomberg [HONG KONG] Hedge funds focused on Asia had their worst month since September 2002 in May as the region's stocks tumbled, suggesting managers need to increase their hedging to weather the current emerging markets sell-off. An index tracking hedge funds investing in equities
      Bloomberg  -  437 words
    • Article
      Lock icon While the rich and famous play, China and India prevail
      940 14  -  Emerging markets take centrestage at the E&P World Summit By SURESH MENON in Monte Cario Deliberations to choose the world's best entrepreneur for the year are underway here. Singapore's offering, Vikas Goel, chairman and group managing director of eSys Technologies,
      940 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      1686 14 JACKSPEED CORPORATION LIMITED (Company Registration No. *****0300W) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Jackspeed Corporation Limited (the "Company") will be held on 26 June 2006 at 11.00 a.m. or soon thereafter following the conclusion or
      1,686 words
Page thumbnail Page 15
  • MOTORING
    • Article, Illustration
      Lock icon A purist's dream come true
      901 15  -  The BMW Z4 M Coupe is small, fast and highly individualistic, something that many buyers seem to want, says WILLIAM WHEY WILLIAM WHEY THE cotton-candy clouds and the sun-kissed coast of Cascais are the perfect setting for a pure, primal and unpretentious coupe from BMW.
      901 words
    • Article, Illustration
      Lock icon The RX350 is bigger, faster, better
      426 15  -  By SAMUEL EE IT'S interesting to note that Singapore's most popular luxury SUV didn't get a major facelift until mid-way into its model life. Rather, the RX3OO has been given a bigger and more powerful engine so that it is now the RX3SO. In
      426 words
    • Article, Illustration
      Lock icon Looking for value? Check out the Kia Magentis
      375 15  -  By SAMUEL EE SOME magazines offer two different covers for the same issue. Some carmakers do that too, and Kia and Hyundai are but one example. Kia is owned by Hyundai and some of their models share the same platforms. In the
      375 words
    • Article, Illustration
      Lock icon A multi-purpose, modem-day chariot
      683 15  -  By GEOFFREY EU THE last time an open-top vehicle was named after a Greek deity, Alexander the Great was the reigning conqueror of the world and the Parthenon was just another new marble temple. Alexander's transportation of choice was commonly known as a chariot and favoured
      FILE PHOTO  -  683 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      80 15 HDJnHfPVRnT^ rgCS^p^^B Rice Recipes! Brown Rice w Herbs and Cashew Nuts Cantonese Claypot Rice Japanese Rice in Green Tea with Salmon Traditional Nonya Dumplings I Sweet Coconut rice with Tropical Fruits Japanese Spend a day on a farm sushi-making BjWBEIaI trail and visit: "wkshop ewm Seaweed Roll H Fish Frog
      80 words
Page thumbnail Page 16
  • GOLF
    • Article, Illustration
      Lock icon Expect excitement at US Open
      1057 16  -  Sporting thrills are not just confined to football's World Cup, not when the 106th US Open tees off next week, says JUSTINE MOSS JUSTINE MOSS EVEN as millions of football fans around the globe stock up on beer and nuts, plug in their new flat
      AFP AND AP; AP  -  1,057 words
    • Article
      Lock icon BURSA MALAYSIA
      2320 16 WOl General Corp 0.55 0.01 99 J«m» RM +1- C000) Genting 32.60 -0.10 191 George Kent 0.48 0.02 246 ASM Realty 1.35 unch 0 GHLSystemt .0.20 unch 2568 AbrK .034 0.04 35 Globetrooics Tech 0.31 unch 290 ACP Industries 0.80 -0.02 212 GlomacBhd 1.18 0.02 30 Advance Synergy
      2,320 words
Page thumbnail Page 17
  • WELLNESS
    • Article, Illustration
      Lock icon Don't lose sleep over soccer
      457 17  -  Taking naps in between watching World Cup matches and adjusting your diet may mitigate sleep deprivation, says CHEAH UI-HOON CHEAH UI-HOON WITH middle-of-the-night and 3am football matches to watch for an entire iqonth, soccer fans should really try to "tmanage" their sleep deprivation otherwise their
      FILE PHOTO  -  457 words
    • Article, Illustration
      Lock icon Which pan will rule the kitchen?
      1071 17  -  By MARIAN BURROS NYT LIKE many home cooks, I have sent my non-stick skillets to the mouldy recesses "of my basement where they lhave joined the 1950's aluminium pots and the Dru icasseroles (Dutch enamelcoated cast iron, now eßay •collectibles). What led to this
      NYT; FILE PHOTO  -  1,071 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      1669 17 EZYHEALTH ASIA PACIFIC LTD Company Registration No.: *****4785Z (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordtoary General Meeting of Ezytiealth Asia Pacific LM wi be held at Meeting Room 305, Level 3. Suntec Singapore International Convention Exhibition Centre, No. 1
      1,669 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      224 17 CRYPTIC CROSSWORD services ZJIZMZI implement cut--22 Some cricket shot causing up23 Unique occasion only ten —|hJ hh MB players pital inertia such a song? (8) 27 don r (6) OSS n9 r Ver W th abBn 13 Inspired, found heart in the fi- YESTERDAY'S SOLUTION Across: 7 Caravel, 8 Seminar,
      224 words
Page thumbnail Page 18
  • SHOPPING
    • Article, Illustration
      Lock icon HDTV: Are you game for it?
      1139 18  -  Unless you need to buy an HDTV now, it would make sense to wait till the broadcast matures, says CHRISTOPHER LIM CHRISTOPHER LIM SO you've heard that Singapore will be receiving World Cup broadcasts in high-definition television (HDTV) format, and are anxious to get
      1,139 words
Page thumbnail Page 19
  • DESIGN
    • Article, Illustration
      Lock icon A force in modern design
      1137 19 His products adorn MoMA, but Cappellini tells GEOFFREY EU he is happier to see his company's designs in a real person's home IN THE realm of contemporary furniture design, having a sofa or an armchair in the permanent collection of the Museum of Modern Art
      1,137 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      1061 19 wine&dine withweekendBT w Specialising In Sichuan and Cantonese cuisines, Dragon dishes and dim sums. Exclusively fof Diners homemade spices and aromatic dishes, served Amalfi The Italian Pizza Place City Sichuan Restaurant has an extensive menu of more 15% off on a la carte dishes buffetstyie. Breakfast daily 6am to 10.30am.
      1,061 words
Page thumbnail Page 20
  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Food that's as easy as pie
      1574 20  -  For football fans who don't intend to take their eyes off the TV, the most complete meal is a pie that fits nicely in a hand, says JAMIE EE JAMIE EE MEAT pies and beer what better meal combination can you find now that
      KENNETH KOH  -  1,574 words
    • Article, Illustration
      Lock icon More bites for those crucial matches
      635 20  -  By JAMIE EE YOU'VE got your pies, you have the McDonald's delivery number on speed dial, and you're armed with enough chips and cookies to last you till the next World Cup. So what else can you eat during those crucial matches? Your football
      635 words
  • Page 20 Advertisements