The Business Times, 2 April 2008

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Microfilm: NL28887
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p) 122/12/2007 Wednesday, April 2,2008
    21 words
  • Article, Illustration
    Lock icon Home prices hold their own, but just barely
    893 1  -  KALPANA RASHIWALA Analysts expect at least one quarterly dip this year By [SINGAPORE] Despite the quieter market, home prices continued to edge up in the first quarter, although at a slower pace, latest flash estimates show. The quarter-on-quarter rate of increase in
    893 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.622 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 4.21 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      42 1 1COMP 1,250.41 +2.89 IIKKEI225 12,656.42 +130.88 1ANG SENG 23,137.46 +288.26 ;et index 823.36 +6.33 JAKARTA COM P 2,393.25 -54.05 1ANILAC0MP 2,969.83 -14.84 ;eoulcomp 1,702.25 -1.74 ;henzhen b 536.35 -22.52 IUMBAI IND 15,626.62 -17.82 12N00NEDT Change 12,546.15 +283.26 )OW IASDAQ 2,335.47 +56.37
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    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.380 (USS/SS ier 1.976 2.727 ;URO(US$/S$/E) 1.568 2.165 'EN 100.20 72.60 3.187 2.309 IK$ 7.787 5.641 !AHT 31.49 22.81 lUPIAH 9,227 6,684 1ENMINBI 7.014 5.081 INDIAN RUPEE 39.96 28.95 1.100 0.797 IZ$ 1.277 0.925
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  • Article, Illustration
    Lock icon More red ink at ÜBS, but GIC stands by investment
    879 1  -  MICHELLE QUAH Swiss bank plans rights issue, giving GIC right to renegotiate terms of investment By [SINGAPORE] The Government of Singapore Investment Corp (GIC) is standing by its 11 billion Swiss franc (5515.1 billion) investment in ÜBS, despite the Swiss
    REUTERS  -  879 words
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      3 1 8 *****1 *****4
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      114 1 Invenit et Fecit invented and made The motto of a contemporary watchmaker building his own histoiy. j*^ I' L; ,^mm —1 Chronometre Souverain i^^^^^'^i Built in harmony with the noblest traditions I M of 18th century marine chronometry. v— I H^^ Geneva f Watchmaking Grand Prix Caliber FPJI3O4 in 18k
      114 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      45 1 EXEC MONEY H AIRLINES BIG SPENDERS MOTORING *^Pf|Bfe Unit trusts: The good <$j|. lata again cuts profit The young and Honda Accord and the bad m^. forecast for airlines the affluent eyes top spot c^BTiS^-j/Hk PAGE 32 miA PAGE 2 PAGE 10 PAGE 30 E
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  • TOP STORIES
    • Article, Illustration
      Lock icon lata cuts profit forecast for airlines to USs4.sb
      691 2  -  YEN SREENIVASAN It cites slower global growth, oil hikes, lower yields as competition stiffens By WARNING of economic slowdown and rising fuel prices, the International Air Transport Association (lata) has downgraded its industry profit forecast for 2008 to US$4.5 billion-the second time
      REUTERS  -  691 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Hyflux bids for world's largest desalination plant
        67 2 HYFLUX said yesterday it is bidding for a US$5OO million contract to build a seawater desalination plant in Algeria, in an announcement made in response to news reports. But it may not yet have secured the contract for sure, as the reports imply.
        67 words
      • Article
        Lock icon Design Studio in regional tie-up with Dubai group
        50 2 SINGAPORE-LISTED furnishing and fit-out specialist Design Studio Furniture Manufacturer has joined hands with Dubai's Depa United Group, one of the world's largest interior fit-out contractors, to form a joint-venture company for mega jobs in Singapore and the region. COMPANY NEWS, PAGE 5
        50 words
      • Article
        Lock icon Wilmar gets China nod to raise prices
        56 2 THE Chinese authorities have given Wilmar International the go-ahead to raise the price of its consumer pack cooking oil products but the recent sharp drop in the region's edible oil prices appears to have prevented the palm oil giant from imposing an immediate
        56 words
      • Article
        Lock icon Peace Mark to seek delisting of Sincere Watch
        53 2 IN A volteface, Peace Mark Holdings which is taking over home-grown Sincere Watch said yesterday that it is looking to delist Sincere Watch from the Singapore exchange, despite saying all along that it intended to keep Sincere's listing on the SGX. COMPANY
        53 words
      • Article
        Lock icon Less office space expected to be released in H1
        63 2 THE Singapore Land Authority says it expects to release 34,200 sq m (368,125 sq ft) in gross floor area (GFA) for office use in the first half of 2008. This is about 20 per cent less than the 43,000 sq m
        63 words
      • Article
        Lock icon East Asia may just evade credit crisis woes: World Bank
        76 2 EAST Asia should be able to navigate through the unfolding sub-prime mortgage crisis in the US and through the ensuing slowdown in global trade and growth without too much damage to the region's performance and prospects, the World Bank claimed
        76 words
      • Article
        Lock icon China manufacturing recovers, but inflation mounts in March
        55 2 CHINA'S manufacturing sector recovered in March from a slowdown caused by fierce winter weather, while inflationary pressures continued to mount, surveys showed yesterday. A purchasing managers' index rose to 58.4 in March from 53.4 in February, the highest reading since April last
        55 words
    • Article, Illustration
      Lock icon MM Lee sees promise in high-tech links with Russia
      609 3  -  CHUANG PECK MING Its trained scientists can collaborate with their counterparts in Singapore, he says By [SINGAPORE] Tie-ups between Russia and Singapore in the high-technology sector are an "attractive proposition" which Minister Mentor Lee Kuan Yew finds "very promising". "You've got
      LIANHE ZAOBAO  -  609 words
    • Article
      Lock icon Hyflux bids for world's largest desalination plant
      344 3  -  MATTHEW PHAN 3y [SINGAPORE] Hyflux said yesterday it is bidding for a US$5OO million contract to build a seawater desalination plant in Algeria, in an announcement made in response to news reports. But it may not yet have secured the contract for sure,
      344 words
  • Page 2 Advertisements
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      374 2 Professional Qualifications and Courses in Compliance &pB The IBF, AAAS and WDA Appointed FICS Lead Provider in Compliance ""emotional Compliance Association V Excellence through Education Date The International Compliance Association, in association Details on Professional Qualifications 24th April 2008 with the University of Manchester Business School, are pleased to announce
      374 words
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      8 3 cars property >ps I Gfi tin vtykt StwffWWW.ST7OI.COM
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      Lock icon Page 3 Advertisements Column 2
      152 3 ORCHARD iSCOTTS RESIDENCES SINGAPORE 1 i //f/Jy/A' < 'Mil Ijjl /f j .'■'MiWii-.- kj? aJB right down to the littlest detail. Hf Welcome to a life of ease and comfort at X^f Orchard Scotts Residences, where a team of .jjfr intuitive concierge and household staff indulges w your every need,
      152 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Window dressing over, risk aversion resurfaces
      699 4  -  CURRENCIES US$ and carry trades face tougher challenges ERE at the start of a new quarter win-dow-dressing activities that may have distorted price action in financial markets are out of the way, and there are signs that risk aversion could be re-emerg-ing. As if
      699 words
    • Article
      Lock icon Financial market recap
      227 4 Changes over the past week YEAR TO DATE APR 1'08 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 100.35 -0.15 124.16 95.71 SGD 1.3815 -0.09 1.5479 1.3733 IDR 9225 0.44 9500 8650 THB 31.50 -0.10 36.72 31.00 CNY 7.0116 -0.47 7.8150 7.0105* MYR 3.1925 -0.16 3.5250 3.1530
      227 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      92 4 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 3 6 0 0 0 lanufacturini 81 47 46 10 12 91 59 53 Commerce 23 23 23 27 25 29 "pt/Stor/Comms 29 29 ■inance 16 16 instruction 12 'roperties 20 11 20 11 lotels/Rsts
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 17,630 17,630 87,449 87,449 lanufacturing 523,237 211,636 734,873 400,729 44,812 445,541 lommerce 68,188 905 69,093 90,009 119 90,128 'pt/Stor/Comms 90,880 920 91,800 276,955 201 277,156 :i nance 37,181 37,181 368,858 368,858 lonstruction 112,309 28,179 140,488 27,297 5,283 32,581 'roperties
      116 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      101 4 la pita Land 6.480 +0.130 :a pita Mall 3.450 jtyDev 11.560 +0.540 losco Corp 3.770 +0.080 IBS Grp 18.640 +0.640 :&N 4.830 -0.020 Sent Intl 0.605 +0.005 IK Land 4.060 -0.070 ISH 16.880 +0.060 lardine C&C 18.980 -0.560 leppel Corp 9.870 -0.030 leppelLand 5.690 +0.140 IOL
      101 words
    • Article
      Lock icon BROKERS' TAKE
      876 4 Parkway Holdings April 1 close: $3.14 CIMB-GK Research, April 1 PARKWAY has proposed a renounceable underwritten rights issue of up to 360.4 million new shares at $2.18 per share on the basis of seven rights shares for every 15 existing shares. The issue price represents a discount of
      876 words
    • Article, Illustration
      Lock icon Hong Kong continues to call the shots
      559 4  -  R SIVANITHY STOCKS THE local market yesterday found itself once again hostage to volatility in Hong Kong, with the Straits Times Index swinging through large bands in tandem with equally violent moves in the Hang Seng Index. Penny stocks, China plays and other
      559 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      54 4 Apr 1 VALUE CLOSE 495.00+416.0 BT OB/OS BT CADI -*****.00+106.0 BT 10-day MA -*****.00 +49.00 FTSE ST Mid Cap 770.08 +0.31 FTSE ST Small Cap 644.02 +8.14 FTSE ST All Share 776.64 +8.06 FTSE ST China 478.54+19.92 UOB Catalist 150.83 +0.92 SIMSCI 380.36 +5.02 SIMSCI Futures 378.80
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    • Article
      Lock icon MOST ACTIVE STOCKS
      59 4 VOLUME Jade Tech 196,018,000 UniFiber 96,704,000 Biosensors 65,399,000 Golden Ac iri 60,967,000 59,338,001 :hinaEnen 59,133,001 :oscoCori iMBLeCW/*****3 51,739,001 China Horn jxim 51,557,000 Yam izijiai 48,005,00! >im iTel 32,379,00! VALUE(S) iBS Gr| 135,889,380 Sim iTel 127,545,230 UOB 75,860,920 :osco Con 70,438,54! SGX 65,983,910 OCBC Bk 64,784,490 Golden Ac
      59 words
    • Article
      Lock icon RISES
      102 4 CLOSE UP BMT ***** 1300 11.1 DBS MBL iCW*****3 658 136.0 26.1 iBS Gri 1864 64.0 3.' At 1156 54.0 4. UOB 1962 48.0 2.5 DBS MBLiCW*****0 560 46.0 8.9 China H 10US$ 1570 26.2 1.. SIA 200 1574 26.0 1.7 Great Eastern 1640 20.0 1.2 Robinson 711 20.0
      102 words
    • Article
      Lock icon FALLS
      110 4 CLOSE DOWN 8848-527.0 -4.1 GLD 10US$ JMH 3050-149.0 -3.4 Jardine C&C 1898 -56.0 -2.9 IndoAi iri 213 -21.0 -9.0 CIMBAsean40 100US! 942 -19.3 -1.5 StraitsAsia 307 -18.0 -5.5 Cmdfr 10US! 372 -17.9 -3.. SembMar BNPePW*****1 38 -16.0 -29.6 GuocoLand Ltd 385 -14.0 -3.5 Ja' ra Hid 136 -12.0 -8.1
      110 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      88 4 Apr 1 CHNG CLOSE FR Mar 31 YR 2008/07 S$ LOW S$ HIGH USS 1.3815 -0.11 1.5479 1.3757 Euro 2.1636 0.90 2.2064 1.9913 Pounds 2.7283 0.49 3.1194 2.7258® AS 1.2574 0.35 1.3555 1.1741 Yen* 1.3767 0.86 1.4484 1.2285 Rupiah* 0.***** 0.11 0.***** 0.***** Baht* 4.3857 -0.11
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  • COMPANY NEWS
    • Article
      Lock icon Design Studio, Depa form JV for regional mega jobs
      521 5  -  YEN SREENIVASAN DDS Asia Holdings to bid for fit-out projects of more than $50m By SINGAPORE-listed furnishing and fit-out specialist Design Studio Furniture Manufacturer has joined hands with Dubai's Depa United Group, one of the world's largest interior fit-out contractors, to
      521 words
    • Article
      Lock icon Compact Metal sacks group financial controller
      352 5  -  LEE U-WEN False claims found in info given about job history, education By TROUBLED listed company Compact Metal Industries has surprisingly sacked its top financial officer just two months after hiring him after some background checks unearthed a number of false declarations about his
      352 words
    • Article
      Lock icon Babcock & Brown worth a second look
      568 5  - Babcock Brown worth a second look OH BOON PING BABCOCK Brown Structured Finance Fund (BBSFF) closed at 63 cents yesterday a 40.6 per cent loss from its offer price of $1.06 in December 2006. A look at its stock chart also revealed that the price has been falling since its
      568 words
    • Article
      Lock icon Wilmar gets nod to raise its products' prices in China
      327 6  -  CHEW XIANG But recent dive in region's edible oil prices affects any immediate revision By THE Chinese authorities have given Wilmar International the go-ahead to raise the price of its consumer pack cooking oil products but the recent sharp drop
      327 words
    • Article
      Lock icon Mercator buys bulk carrier for USs6s.sm
      385 6  -  VINCENT WEE By MOVING into a more aggressive phase, India-fo-cused dry bulk carrier Mercator Lines (Singapore) has made its first vessel acquisition since listing in December last year. Mercator yesterday announced it is buying the 1997-built, 69,221 dwt geared Panamax size dry bulk carrier
      385 words
    • Article, Illustration
      Lock icon Star Cruises to halt quarterly reporting
      334 6 It will stick to halfyearly and annual financial reporting STAR Cruises, which is quoted on Singapore's Clob International, will stop its voluntary quarterly reporting of financial results from the current financial year. The cruise ship operator, which is listed in Hong Kong but quoted
      FILE PHOTO  -  334 words
    • Article, Illustration
      Lock icon Texas, The Big American Kitchen
      1062 7 The huge US state covering a myriad cuisines offers a unique gourmet experience WHEN you're in Houston, Texas, and someone invites you to dinner at the Taste of Texas restaurant, you get a sneaky feeling that it's going to be a major tourist trap tailored
      1,062 words
    • Article, Illustration
      Lock icon The Taste Of Americana
      200 7 HOUSTON the fourth largest city in America and economic centre of the southern state of Texas joined the Singapore Airlines network from March 20, 2008, with the commencement of a four-times-weekly service via Moscow. Customers flying the new route will experience Singapore Airlines' new long-haul premium
      200 words
    • Article, Illustration
      Lock icon Peace Mark to seek delisting of Sincere Watch
      320 8  -  CHOW PENN NEE It will apply to the SIC to exercise its powers of compulsory acquisition By IN AN about-turn, Peace Mark Holdings -which is taking over Singapore's home-grown Sincere Watch said yesterday that it is looking to delist the luxury watch
      FILE PHOTO  -  320 words
    • Article
      Lock icon UE wins $85m job at Marina Bay Sands IR
      338 8  -  LYNETTE KHOO Deal is expected to have positive impact on group earnings By UNITED Engineers Ltd (UE) said yesterday that its wholly owned unit United Engineers (Singapore) (UES) won a contract worth $85 million to provide electrical services for the hotel
      338 words
    • Article
      Lock icon CMT issues 2-year notes
      91 8 Reuters CAPITAMALL Trust, Singapore's largest property trust, said yesterday it had issued $155 million worth of twoyear fixed-rate notes bearing an annual interest rate of 3.25 per cent. The notes, issued under its $1 billion multicurrency medium-term note programme, will mature on April 1, 2010. The
      ■ Reuters  -  91 words
    • Article, Illustration
      Lock icon Globe Telecom sees slower revenue as inflation bites
      431 8 [MANILA] Globe Telecom, the Philippines' second-lar-gest phone company, said yesterday that it expects slower revenue growth this year as rising oil and food prices soak up income used for texting and calling. Globe president Gerardo Ablaza told reporters after the company's annual
      -Reuters; REUTERS  -  431 words
    • COMPANY BRIEFS
      • Article
        Lock icon China Printing issues Q1 prof it warning
        64 8 CHINA Printing Dyeing has warned that net profit for the quarter ended March 31 could be significantly lower, with losses in a worst-case scenario. Among the reasons it cited were lower profit margins due to the weakening dollar against the yuan, rising raw
        64 words
      • Article
        Lock icon SC Global seeks share buy-back mandate
        65 8 SC Global Developments is proposing to seek shareholders' approval to make purchases of its own shares from time to time of up to a maximum of 10 per cent of its issued capital. It said that the proposed share buy-back mandate will give the
        65 words
      • Article
        Lock icon Furama in MOU to buy Bangkok properties
        59 8 FURAMA Ltd has entered into a memorandum of understanding in Thailand to acquire Bangkok properties for hotel operations. The MOU is with Prasert Chansrichawla and his nominees. Under the agreement, both parties will hold 49 per cent share equity, with the balance 2
        59 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      203 5 5s "The way I see it, excellence in whisky blending isn't just about training. It has to be in your DNA." Rachel Barrie, Scotch Whisky Master Blender Rachel Barrie from the Glenmorangie Distillery in Scotland is the first woman to earn the title "Scotch Whisky Master Blender". With her remarkable
      203 words
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  • Page 6 Advertisements
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      315 6 It I "f—'i A I l l l .n h l<\ tn I I I I 1 II SINGAPORE AIRLINES NOW FLIES FOUR TIMES A WEEK TO HOUSTON FOR $1388*. Travel to Houston, the gateway to the American South, and be captivated by the region's rich history and cultural sights.
      315 words
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      283 7 A special feature brought to you by sinGAPORE AimjnEs jmp A great way to fly The Business Times Singapore Airlines 'Fly to Houston 7 Contest Win Holidays p Houston f sqmt Singapore Airlines Inclusive of 3N accommodation at Intercontinental Houston >* 1 v j Just answer two questions and you
      283 words
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      1872 8 r CHEMOIL CHEMOIL ENERGY LIMITED (Company Registration No. *****1) (Incorporated in Hong Kong with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chemoil Energy Limited ("the Company") will be held at Casuarina Suite B, Level 3, Raffles Hotel Singapore, 1 Beach
      1,872 words
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      Lock icon Page 8 Advertisements Column 2
      35 8 I Ear, Nose and Throat Monday, Wednesday, Thursday Clinic 1B (ENT), Level 1 I Eye Monday to Friday TTSH Eye Centre, Level 1 I General Surgery I Orthopaedics Tuesday Clinic 818, Level B1 I Urology
      35 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Russia-Singapore business ties getting deeper
      734 9  -  CHUANG PECK MING Spore can also play strategic role helping Russian companies expand into Asia By THINGS are happening and happening fast between Singapore and Russian businesses. And it's about time. Only into its third year, the Russia-Singapore Business Forum has established itself as a
      FILE PHOTO  -  734 words
    • Article
      Lock icon Rules eased for more graduates to practise law
      294 9  -  LEE U-WEN By [N its ongoing effort to increase the 000 l of lawyers here, the government is making it easier for graduates holding second-class lower division honours to enter the legal orofession. From yesterday, Singapore citizens and permanent residents now leed
      294 words
    • Article, Illustration
      Lock icon Less office space for release in H1
      558 10  -  ARTHUR SIM SLA expects to offer only 34,200 sq m in GFA, down 20% from H1 last year Reports by THE Singapore Land Authority (SLA) expects to release 34,200 square metres (368,125 square feet) in gross floor area (GFA) for office use in
      558 words
    • Article
      Lock icon Flatted factory rents boosted by office space crunch too
      424 10 BUSINESS park space is not the only industrial sector benefiting from the spillover effects of the office space crunch. According to a report by Colliers International, the light industrial factory segment is also beginning to experience some of this spillover effect.
      424 words
    • Article
      Lock icon Amex trains sights on young affluent
      360 10  -  UMA SHANKARI It sees credit card spending by this group rising 20% a year to $5b by 2010 By AMERICAN Express expects big growth to come from the young affluent segment. Right now, young affluents people in their late 20s to 30s with a
      360 words
    • Article
      Lock icon LTA to resurface roads for F1
      374 10  -  SAMUEL EE By THE Land Transport Authority (LTA) will start road resurfacing this week for September's Formula One Grand Prix in the final phase of the $23.8 million project to turn the Marina Bay area into a street circuit. Work on the 5.065 km
      374 words
    • Article
      Lock icon New appointments at Spring Singapore, EMA
      241 10 THE Minister for Trade and Industry yesterday appointed Chong Siak Ching as deputy chairman of Spring Singapore, the enterprise development agency. In addition, six new board members have been appointed to Spring and one new board member to the Energy Market Authority (EMA). Their
      241 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon NEA in joint exercise with Johor counterpart
        66 10 THE National Environment Agency (NEA) and Johor's Department of Environment will hold a chemical release emergency response exercise today at the Second Crossing in Tuas from 9am to lpm. Only one lane on each side of the Second Crossing will be open to
        66 words
      • Article
        Lock icon 702 more HFMD cases, taking total to 4,423
        58 10 ANOTHER 702 cases of hand, foot and mouth disease (HFMD) were reported in Singapore last week, taking the total to 4,423 so far this year, according to the Ministry of Health. Sixty per cent occurred in children younger than five years of
        58 words
      • Article
        Lock icon Pan Pacific Singapore gets new GM
        47 10 PAN Pacific Hotels and Resorts has appointed Ivan Lee its general manager of Pan Pacific Singapore and vice-president (area operations). It said yesterday that Mr Lee replaces Scott Swank, who will focus on his role as its senior vice-president of operations.
        47 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      370 9 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      370 words
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      94 10 Congratulations to The Inn at Temple Street, Singapore j (a member of Lian Huat Group) Winner of Best Accommodation Experience Standard Hotel I Singapore Tourism Awards 2008 Ah Poh Painting Contractor Cultural Entertainment Holidays Pte Ltd Ever Clean Laundry Dry Cleaning Service Home Nest Employment Services MMA Jade Gems General
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  • ECONOMY WATCH
    • Article
      Lock icon East Asia may just evade credit crisis woes
      712 11  -  ANTHONY ROWLEY World Bank says region may emerge as growth pole for world economy 3y in Tokyo EAST Asia should be able to navigate through the unfolding sub-prime mortgage crisis in the US and through the ensuing slowdown in global trade and
      712 words
    • Article
      Lock icon Japan business sentiment lowest in 4 yrs
      583 11  -  ANTHONY ROWLEY 3y in Tokyo A REPORT issued yesterday showing business sentiment in Japan at its lowest level in four years added to the nation's fast-mounting economic and political woes. The gloomy tone of Bank of Japan's latest quarterly tankan underscored the problems
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  • Page 11 Advertisements
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      21 11 r 1 WORLDWIDE HOTEL RESERVATION www. I uxu ry. co m. sg Complete with rates and location map tmqb L J
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      320 11 li— *^L jr^ -p i 3 reasons why you should attend: NetApp Evolution 2008 1. Get the Full Benefit of Virtualisation The benefits of server virtualisation are well-known, but to get the full benefit DAT E I 7 Ap Hl2OOB you need to virtualise storage as well. NetApp offers best-in-class
      320 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Malaysian opposition parties form People's Alliance coalition
      651 12  -  S JAYASANKARAN At Umno meet, Dr M blasts Abdullah, saying PM should be replaced by 'anyone' 3y in Kuala Lumpur MALAYSIA'S Opposition agreed to enter into a formal coalition yesterday in a historic move that could transform the country's political landscape into a
      AFP  -  651 words
    • Article
      Lock icon Indonesia's palm oil boom takes toll on environment
      475 12 -AFP [KUALA CENAKU, Indonesia] Marto Wijoyo and his family left the overcrowded Indonesian island of Java 27 years ago in search of a better life on neighbouring Sumatra. The government had given Mr Wijoyo, now 60, a tract of fertile land to
      -AFP  -  475 words
    • Article
      Lock icon Franklin Templeton gets licence
      66 12 Reuters [KUALA LUMPUR] Malaysia has awarded US fund manager Franklin Templeton Investments a licence to operate in the country's US$53 billion asset management market. Franklin Templeton, with US$644 billion under management, is the fifth foreign fund manager to be licensed in Malaysia, joining Credit Agricole, Aberdeen
      – Reuters  -  66 words
    • Article
      Lock icon Malaysia should consider raising 'sin taxes' for additional funds
      557 12  -  PAULINE NG By in Kuala Lumpur THE local "sin sectors" could be tapped for additional revenue to fund Malaysia's socio-economic programmes, while higher consumer subsidies are possible now that a previous plan to increase fuel prices appears to have been put
      557 words
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      137 12 M 111 UKY JT 1 H!«pM!MpMipMl|P|Ma^pHi|M II II [Hf^^^ Premium Meats nm fffifinqi \^n#^ «gn p Pninotiino JjULLMMIIUJj (Leve s Peninsu aTower) ,y^_^?^2<Levei4) H %J vjornmeiime Vietnamese Cuisine International Buffet l|g,l\ This April, Vibe Restaurant brings back the popular LllllCh PrOTTtOtiOTI LllllCh Dinner IMk^" premium meat extravaganza to tantalise your
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Wen guarantees supply of rice to HK, Macau
      330 13 Reuters [HONG KONG] Chinese Premier Wen Jiabao has promised to ensure rice supplies to Hong Kong and Macau following panic buying triggered by soaring prices, after several top global suppliers curbed exports of the staple. "No matter if it is rice or
      Reuters; AFP  -  330 words
    • Article
      Lock icon China's manufacturing up
      553 13 Reuters Key surveys show recovery in manufactoring sector amid inflation [BEIJING] China's manufacturing sector recovered in March from a slowdown caused by fierce winter weather, while inflationary pressures continued to mount, a pair of surveys showed yesterday A purchasing managers' index (PMI) compiled on behalf of the
      – Reuters  -  553 words
    • Article
      Lock icon Protests expected at Olympic torch relay
      388 14 -AFP China says protesters to torch relay out to hijack Olympics [BEIJINGIChina said on Monday protesters were out to hijack the Olympic Games as the torch relay embarked on a world tour that was certain to ignite demonstrations. Pro-Tibet activists, human rights campaigners and
      -AFP  -  388 words
    • Article
      Lock icon Ma sees regular China flights by July
      239 14 Reuters [TAIPEI] Taiwan President-elect Ma Ying-jeou said yesterday that he wants to launch regular weekend charter flights to China by July, as one of a series of quick steps to boost China ties and stimulate the economy. In an exclusive interview with Reuters
      ■ Reuters  -  239 words
    • Article
      Lock icon China overtakes France in int'l art stakes
      209 14 -AFP [PARIS] China's art market overtook France's for the first time last year in world rankings still dominated by New York and London auction houses, according to figures released by artprice on Monday. The global art market saw an overall rise for the
      -AFP  -  209 words
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      894 13 I green ■^J because we care Own that which appreciates, rent that which depreciates. Rockfeller, 1920 w dHf -i All sharp financial minds know that investing in depreciating iij^s technological hardware BURIES that cash. Choose to go rental instead with RENTWISE. it %mm^ j^ <A Rentwise xS?*^ www.rentwise.com.sg 1^ Rentwise
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      4149 14 I 1 In the Matter of HERSING CORPORATION LTD The Companies Act, Cap. 50 /ti^£\ Company Registration No. *****6986E And L-3HE-i (Incorporated in Singapore) In the Matter of VBL/ NOTICE OF ANNUAL GENERAL MEETING Ov"nel!* La?o™™,, c NOTICE IS HEREBY GIVEN that the Annual General Meeting of HERSING CORPORATION LTD
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  • INDIA
    • Article, Illustration
      Lock icon India may allow rupee to gain to tame prices
      729 15 Bloomberg Economists believe this will be more effective than raising interest rates [NEW DELHI] The Reserve Bank of India may allow the rupee to appreciate to temper prices, joining central banks across Asia, as soaring global commodity prices stoke inflation, economists
      – Bloomberg; REUTERS  -  729 words
    • Article
      Lock icon New measures on edible oil, rice to rein in inflation
      310 15 ■AFP [NEW DELHI] India has scrapped import duties on edible oil and tightened restrictions on rice exports to rein in inflation that hit a 13-month high of 6.68 per cent last week, a government spokesman said yesterday. The measures were
      ■AFP  -  310 words
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      3011 15 v KIM ENG I I /2£V? KIM ENG HOLDINGS LIMITED I ttl77 A V (Incorporated in the Republic of Singapore) %/l J (Company Registration Number: *****0204 D) NOTICE OF THE NINETEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of KIM ENG HOLDINGS LIMITED will
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  • MIDDLE EAST
    • Article
      Lock icon Saudi Arabia cuts import tariffs as inflation soars
      417 16 Reuters Duties on food products, levies on building materials slashed to 5% [RIYADH] Saudi Arabia has cut import tariffs on food and many other items beginning yesterday, the Saudi Press Agency (SPA) reported, after inflation almost doubled in the six months to
      Reuters  -  417 words
    • Article
      Lock icon Gulf inflation may reach 8%: IMF
      339 16 Bernama [DUBAI] The inflation rate in the six-member Gulf Cooperation Council (GCC) may touch nearly 8 per cent this year, said an International Monetary Fund (IMF) official. "The inflation rate in the GCC was around 7 per cent last year and we expect it
      Bernama  -  339 words
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      Lock icon UAE won't go alone in changing US$ peg: central bank
      515 16 Reuters [ABU DHABI] The United Arab Emirates won't change its currency's US dollar peg despite surging inflation without the agreement of its Gulf Arab neighbours, the state's central bank governor said yesterday. Investors have been betting that some states in
      ■ Reuters  -  515 words
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      Lock icon BURSA MALAYSIA
      2267 16 >pr 1 RM COOO) ASM Realty 0.70 \bric Bhd 0.20 advance Synergy 0.13 Adventa Bhd 1.23 AeMuIti Hldgs 0.23 Win Holdings 2.03 Ahmad Zaki Resou 1.06 Aic Corp 0.60 \irasia Bhd 1.38 Akn Technology 0.45 alliance Financi 2.76 aluminium Co 1.05 Amalgamated Ind 0.43 tamb Hldgs Bhd 3.62
      2,267 words
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      1546 16 Of UNISTEEL UNISTEEL TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3350 D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Unisteel Technology Limited will be held at 4 Woodlands Loop, Singapore *****4 on Friday, 18 April 2008 at 10.00
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      4739 17 H^LT^^S I IN THE HATTCR OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF &Sr^ IWKl^^^^^^^^^^B (I)AGMAPTELTD It] J I V^kV BB V^LAfl Uttß (Registration No. *****6194R) V M (2) COLLINGSWORTH TRADING PTE LTD W£ LW^H M X V Bfl^^H (Registration No. *****2522Z) I^L^^p^^H^^PlnvA lil*l»BtJifcßiUyyK l?tiTniHii»iiTt???i?i?«itii«?»TtiW?«W (3) sun
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  • WORLD
    • Article, Illustration
      Lock icon Lehman Brothers to raise US$3b in capital
      465 18 ters -Rev- Move is meant to end questions about the bank's balance sheet and stability [NEW YORK] Lehman Brothers, an investment bank beset by rumours of not having enough funding, plans to raise US$3 billion of capital to quash questions about its stability.
      ters; -Rev; AFP  -  465 words
    • Article
      Lock icon Deutsche Bank joins gloom with 2.5b euro writedown
      328 18 Reuters [FRANKFURT] Deutsche Bank more than doubled writedowns in the wake of the global credit crisis, casting a pall over the prospects for the bank that had been seen as little affected by the meltdown. Warning investors yesterday that conditions had deteriorated
      Reuters  -  328 words
    • Article
      Lock icon Manufacturing index contracts for 2nd consecutive month
      388 18 -AP LATEST US DATA [NEW YORK] The US industrial sector contracted for a second consecutive month in March, though at a slower pace than in February, as manufacturers grappled with weakening order books and rising prices for raw materials. The Institute for Supply
      -AP  -  388 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7681 18 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.906/ Star Europe Bond 1.236/ Star Europe Bal 1.169/ Star Asian Tiger Eqty 1.33/ Star Asia Bond 1.19/ Star Asia Balanced 0.96/ Star Global Technology Fund!** 0.186/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.861/ Gib Multi St USD
      7,681 words
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      Lock icon New Deal or no deal? Reactions are mixed
      711 19 -AFP PAULSON PLAN While some praise the proposed overhaul, others express scepticism [WASHINGTON] A proposal on Monday for the most sweeping overhaul of financial market regulation since the New Deal evoked a range of reaction from praise to outright scepticism. But even
      -AFP  -  711 words
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      2635 19 ©IFS Capital Limited (Incorporated in the Republic of Singapore) Company Registration No. *****0827 C NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-First (21 81) Annual General Meeting of IFS Capital Limited will be held in the IFS Boardroom at NOTICE IS
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  • AVIATION
    • Article
      Lock icon Airbus unveils new cabin design for A3 50
      364 20 -AP New interior will compete with Boeing's fast-selling 787 Dreamliner [HAMBURG] Airbus denied yesterday that its A 350 is facing production delays, as it unveiled a new interior for the passenger jet that has been redesigned to better compete with Boeing Co's
      -AP  -  364 words
    • Article
      Lock icon Air France starts 'open skies' flights to US from Heathrow
      457 20 Bloomberg [LONDON] Air France-KLM Group began flying from London Heathrow airport to the US for the first time on Monday, becoming the first European carrier to exploit an "Open Skies" treaty that expands trans-Atlantic air travel. Air France Flight 60,
      – Bloomberg  -  457 words
    • Article, Illustration
      Lock icon BA cancels 50 flights at Heathrow's T5
      538 20 Bloomberg [LONDON] British Airways cancelled 50 flights at Heathrow Airport's new Terminal 5 yesterday only four fewer than on Monday and said the backlog of stranded luggage is still building up. The airline scrapped 13 per cent of scheduled flights from the terminal
      Bloomberg; REUTERS  -  538 words
    • Article
      Lock icon United States, Australia sign open skies pact
      216 20 AFP [WASHINGTON] The United States and Australia on Monday inked an open skies aviation agreement eliminating restrictions on air travel between the two allies that would lead to lower fares, officials said. Visiting Australian Prime Minister Kevin Rudd witnessed the signing of the
      AFP  -  216 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2431 20 AIRLINE CODES: AA American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (FJOU), BR:
      2,431 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      396 20 CRYPTIC CROSSWORD ACROSS I Smart agent about to have a Pj R I R| I H|4 |5 I |6 I [7 I |8 I 4 Remarks that nothing black HJ HJ h^^B_v HI |^|j is of use (8) 9 Originally, open champions I I I used length and rule of
      396 words
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  • SHIPPING
    • Article
      Lock icon A successful event
      870 21  -  DAVID HUGHES STRAIT TALK By Several different ways of tackling the officer shortage and competency problems were put forward at APM 2008 F ANYBODY is still in any doubt about how serious a player China is in the world shipbuilding and marine machinery market, they should have
      870 words
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      Lock icon IMC unveils changes in management team
      407 21  -  VINCENT WEE 3y! [MC Corp yesterday announced changes in its senior management team, while also expanding its dry bulk business through a joint venture with Mitsui OSK Lines. Managing director of IMC's Thai unit Unithai, Kirn Kyung Soo, has been promoted to deputy CEO
      407 words
    • Article
      Lock icon India's ABG Shipyard plans US$200m share sale
      251 21 Bloomberg [MUMßAl] ABG Shipyard Ltd, India's biggest shipbuilder outside state control, plans to raise US$2OO million in a share sale in the middle of the fiscal year to help fund a third shipyard and expand an existing facility in Gujarat state. The company
      – Bloomberg  -  251 words
    • Article
      Lock icon Russian firm to open US$120m car terminal in Finland
      401 21 Bloomberg [ST PETERSBURG] RTL Group, a Russian logistics and shipping company, will open a US$l2O million terminal on the Gulf of Finland to handle imports for Europe's fastest-growing car market, the company's general director said. The 60-hectare Novaya Gavan terminal near
      Bloomberg  -  401 words
    • Article, Illustration
      Lock icon Swire Pacific opens training centre
      462 21  -  VINCENT WEE By THE way to maintain competitive advantage in the red hot offshore oil and gas sector is to provide people with a good living and a stable career, support services specialist Swire Pacific Offshore (SPO) believes. In line with this, the company has
      462 words
    • Article
      Lock icon SGX KLSE TRANSPORT STOCKS BANGKOK HONGKONG PHILIPPINES TAIPEI TOKYO
      238 21 '000 '000 '00 '000 '000 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp
      238 words
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      20 21 CARGO WORTHY SECOND Hand Logistics Containers for sale in Singapore in all sizes. Please call +**********9 to purchase. SM Investments
      20 words
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      34 21 1 KIRIBATI *^>*Ship Registry jr Kiribati jj r T Li 75?^ (Registry v Shipowners nJPP^ i 10 Anson Road #25-02, International Plaza, Singapore *****3 Tel: +65 6225 0555, Fax: +65 6225 0550, Email: info@kiribaship.com
      34 words
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      133 21 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO MAIN LINE OPERATORS RATE RESTORATION VIETNAM TRADE SECTOR EFFECTIVE 15 APRIL 2008 The following feeder operators in the Vietnam Trade Sector wish to inform the trade that following the announcement made on 14 December 2007 on the Business Plan for 2008, all SOC
      133 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon A capital-raising encore by UBS
      514 22 THE further writedowns of about US$l9 billion announced by Swiss banking giant ÜBS yesterday together with a rights issue of around US$l5 billion suggests that the fallout from the US sub-prime crisis has yet to abate. As one financial blog, Calculated Risk, put it: "It's
      514 words
    • Article, Illustration
      Lock icon Democrats have upper hand in presidential race
      1229 22  -  LEON HADAR Their approach resonates with call from homeowners, consumers for more govt action IT WAS not so long ago that officials and lawmakers in Washington were joining investors on Wall Street in a warning that the United States was losing its edge
      AFP  -  1,229 words
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      Lock icon Watch the commodities bubble get pricked soon
      786 22  -  NEIL BEHRMANN THE BOTTOM LINE FOOD and raw materials inflation will come to an abrupt halt within the coming twelve months. In the face of gloomy inflation forecasts and relatively high interest rate policies of the European Central Bank, commodity deflation may well
      786 words
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      Lock icon South Asia struggles to control inflation
      1464 23  -  M SHAHIDUL ISLAM Countries in the region are using various methods to check rising prices well aware of the consequences if they fail By AFTER enjoying low inflation for more than one-and-a-half decades, many countries are now faced with exorbitant price hikes in fuel
      AFP  -  1,464 words
    • Article
      Lock icon Let housing chips foil where they will
      553 23  -  PETER SCHIFF -LATWP By THE economic crisis enters a new and more dangerous phase daily, and Americans of all levels of economic sophistication are scrambling to make sense of the myriad remedies and proposals that are springing from Washington. The Fed has slashed
      -LATWP  -  553 words
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      144 23 El 1 l^i I^W^ lHir I 1^ I APRIL PULSES r OUT NOW! 41 IN THIS ISSUE: 'Braveheart' Lionel Lee's deepwater bet pays off for Ezra Holdings SAVE $131 Local banks bracing for leaner times IKn thic ie nnt an Anril'c Fnnl inlro A tale of two Kings: King's SafetVwear
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  • SINGAPORE STOCKS
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      56 24 Phoenix 1516 IDD provides quality lines at such liiKl K£l firmS l|V Ifl affordable rates it makes calling irresistable. JHjta| n <T>"''°"3j\\M E^s iifT# 851 P!S!S, wA> PHOENIX > /fi.lf(^.ll//OOLMJUfI^.^.M K¥^ 1516-/ CAfliT^ fc andUKNTSare -Jit-COM MS PHOENIX Communications Pte Ltd 1 Jalan Kilang Timor #05-02, Pacific Tech Centre, Singapore
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 31 World Index Preliminan 992.0 0.0 -12.3 -0.1 -13.4 0.1 -9.5 EAFE Preliminan 946.5 -0.6 -15.5 -0.5 -13.4 -0.3 -9.5 Euro[ Preliminary 1320.0 -0.1 -14.5 0.1 -13.0 0.3 -9.2 Pacific 787.8
      362 words
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      Lock icon PALM OIL
      65 25 Apr 1 KLLb PALM hUlUKtS (KM/MI) Delivery Opening Sett Av Month Range Price Price Hie Vol Open Done Position Low Apr08 3120 3170 3170 3065 275 787 May 08 3110 3150 3220 3047 1720 ***** Jun 08 3200 3179 3230 3033 ***** ***** Jul 08 3185 3169 3210
      65 words
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      Lock icon STOCK INDEX FUTURES
      25 25 Apr 1 en Hie Sett STI SIMSCI Mar 372.4 379 378.8 Taiwan Mar 328.7 330.5 321 Source: MF Global (S) Pte. Ltd
      25 words
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      Lock icon US$/S$ FORWARD RATES
      20 25 S$ Bid Offer 1-month 1.3775 1.3791 2-months 1.3758 1.3775 3-months 1.3748 1.3765 6-months 1.3718 1.3736 Source: OCBC
      20 words
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      Lock icon INTERBANK CURRENCY RATES
      158 25 Apr 1 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2539 1.2556 0.9088 0.9091 Canadian dollar 1.3421 1.3443 0.9728 0.9733 Euro 2.1634 2.1660 1.5680 1.5683 NZ dollar 1.0803 1.0820 0.7830 0.7834 terlinc nd 2.7257 2.7289 1.9756 1.9759
      158 words
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      Lock icon SICOM FUTURES
      287 25 Apr 1 (UbbbK Futures (Closing prices) ISS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest Vlay 08 un 08 lul 08 \ug 08 >ep 08 Dct/Dec 08 385.50 385.50 383.50 383.50 383.50 383.50 ?SS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      287 words
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      Lock icon FOREIGN CURRENCY NOTE RATES
      130 25 As at 9am Apr 1 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2510 1.2660 Can dollar 1.3400 1.3570 Euro 2.1620 2.1870 NZ dollar 1.0730 1.0970 Sterlinc nd_ 2.7190 2.750C US dollar 1.3700 1.3860 Local dollars to 100 units of foreign
      130 words
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      Lock icon INTERBANK RATES
      139 25 Apr 1 otter Bk 'vernight 7/16 -month 1 1/8 -months 1 1/4 -months 1 5/16 Overnight mode: 5/8 IS$ Offer 3/8 1 1 1/8 1 3/16 Bid days month months months months months 2 months f± 3.00 2.90 2.90 2.90 2.75 2.70 2.70 Offer 2.90 2.80 2.80 2.80
      139 words
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      Lock icon INTERBANK CROSS RATES
      469 25 Apr 1 Al CS_ Rmb Euro HKS Ind Rs Ru; Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.934 6.375 0.580 7.078 36.322 83.873 0.910 8.944 2.897 1.161 57.050 37.853 1.255 7.390 0.910 27.550 28.627 0.460 0.909 Canada 1.071 6.825
      469 words
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      Lock icon PRECIOUS METALS
      139 25 Apr 1 GOLD (USS/oz) rO1 Mar 31 Hong Kong London 896.10 934.40 897.10 935.40 Mar 31 Mar 28 932.00 927.50 932.80 928.20 Source: Reuters CAST BAR (S$) Apr 01 Buying Sellinc Kilobar "43,488.01" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz
      139 words
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      Lock icon SIBOR
      75 25 Apr 1 6mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 3.***** 12yrs 3.***** 15yrs 3.***** Source: Reuters (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.*****
      75 words
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      Lock icon GOVERNMENT SECURITIES
      89 25 Apr 1 Period Issue code Maturity Yesterday's Bid Hii Day's h Low 3-Month BQ*****X 03.07.08 1-Year BY*****A 29.09.08 0.77 0.91 0.75 0.75 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N*****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      89 words
    • Article
      Lock icon LONDON METALS
      69 25 Mar 31 Co iuiii, yy. (USS/tonne) Close Previou: :ash 2940.80 2966.01 I months 2990.00 3015.01 Copper, Grade A (USS/tonne) ;ash months 8510.00 8390.00 8521.01 8405.01 .ead (USS/tonne) :ash 2776.50 I months 2790.00 2846.51 2860.01 Jickel (USS/tonne) ]ash I months *****.00 *****.01 *****.00 *****.01 'in (USS/tonne) ]ash I months
      69 words
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      Lock icon LIFFE
      79 25 Mar 31 (£/tonne) Close Prev Hii ih/Low Way 08 1284 1281 1299/127; lul 08 1315 1316 1330/130' iep08 1256 1263 1273/124! Dec 08 1249 1254 1267/124; IOFFEE (USS/tonne) Close Pev High/Low War 08 2288 unch 2300/228. Vlay 07 2287 2298 2314/224' lul 08 2273 2295 2302/225I iep08 2270 2291
      79 words
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      Lock icon CHICAGO BOT
      101 25 Mar 31 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1197.25 1267.25 1215.00 1197.25 Jul 08 1215.00 1285.00 1227.00 1215.00 Aug 08 1197.00 1267.00 1215.00 1197.00 Sep 08 1155.00 1225.00 1155.00 1155.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 51.48 54.98 52.55 51.48
      101 words
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      Lock icon CRUDE OIL & PRODUCTS
      78 25 CRUDE OIL PRODUCTS Mar 31 CRUDE (FOB origin) USS/barrel Close Chanc Brent blend (1 -Mth F) 103.82 0.45 WTI (Near Mth) 101.55 -3.81 Dubai (1 -Mth F) 98.1 -1.38 Tapis blend 111.1 -1.4 Minas 105.3 -1.4 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.82 128.60 1.05 -1.2 USS/barrel
      78 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      348 25 Apr 1 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.705 97.875 97.810 97.785 0 0 0 0 ***** ***** 8079 ***** EUROYEN FUTURES Jun08 99.245 99.260 Sep08 99.325 99.340 Dec08 99.345 99.350 Mar09 99.335 99.335 Jun09 99.270B Sep09 99.200B Dec09 Mar10 99.245
      348 words
    • Article
      Lock icon BONDS & WARRANTS
      1679 25 BONDS WARRANTS Last Sale lode Company S657 Biosensors DB ECW*****3 19.5 S704 Capitamall Tr SGA ECW*****0 20.5 S879Capitaland BNP ECW*****2 22 S666Capitaland BNP ECW*****9 10 S762 Capitaland BNP ECW*****0 2.5 S802 Capitaland BNP ECW*****4 7.5 S667 Capitaland BNP EPW*****5 8.5 S880 Capitaland BNP EPW*****2 23 S763 Capitaland BNP EPW*****0 18
      1,679 words
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      2812 26 m THE BUSINESS TIMES Shipping Times l^^J KPI I WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r M-^ UsE JBCTrifl^'^wß'rFiT ■SB VrrA ■■>!■ ■■>■ mup* TEL *****588 (14LINES) FAX:*****163 W.MZ^7f%T7zM7m ■■**********191 WmmmmmmmM VAN) WAN HAI INtS _^^,_^^Lj K^-LL^^X^^XlXI B3UCTaßlfmLr7Bnwl»Btl|lB V IIHII I IHI LIIILJ PH. TEL: (03) *****85S FAX: (03) *****288 PEN
      2,812 words
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      3107 27 S, /5^ •>, 111 T| I i IpmmjJ^^^J M VOT Ramp(KT) Lilting(KT) SIN PKL LCB JKT SURA MIRI QjjQj|2[j|^^£||j^2[j^^j|^^y|[j|Jj|2|jQ|[j||jQj] N (3^F?S > I ORIENT IRIS 97 35 80 Ip4~ 13/04 WStL I VOY I SIN I PKL I [MB I NSA I [MB P4. Wm —J--1 I MFRIION AfF 48
      3,107 words
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      2956 28 __^^/^W I I A MnCDCCMH Tel: 65-*****907 Fax: *****917 I K^L'S B9 Bfl E9 H9 B9 fi£s ANUhKbtN Email: asc@asc-asia.com I VSH R| fIRY NfIUIGATIMU RRflllP I ■»pWW|V ISM B&_l IMB shipping company 7 70 Sheiilon Way, #21-03 Marina House Singapore *****8 MQA UI.WH I IinWIUHIIUII OnUUr __L JMWSEIIIRPIIPPW IP
      2,956 words
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      2303 29 I This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The telephone numbers of the advertisers are provided for your convenience. ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To LABUAN(LBU)2I99 Malaysia
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      Lock icon Page 29 Advertisements Column 2
      544 29 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 25/04 05/05 SCI SCIVIJAY 020E *****355 25/04 09/05 Shandong GOLDEN MERCHANT 1 806S 6225 3522 25/04 09/05 Sinokor GOLDEN MERCHANT 1 806S *****516 02/05 12/05 SCI SCIKIRAN 010E *****355 06/05 19/05 Rickmers RICKMERS DALIAN 234 *****333 To SHARJAH
      544 words
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  • MOTORING
    • Article, Illustration
      Lock icon Kah sees Accord leading mid-sized Japanese saloons
      602 30  -  SAMUEL EE It expects to sell 1,200 units in the remaining nine months of 2008 By AUTHORISED Honda distributor Kah Motor is confident that the new Honda Accord will overtake the Toyota Camry as the market leader in the mid-sized Japanese saloon category
      ARTHUR LEE  -  602 words
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      Lock icon Honda overtakes Toyota in Q1
      538 30  -  SAMUEL EE By HONDA has overtaken Toyota to become Singapore's top make. In the first three months of 2008, Honda chalked up registrations of 3,395 passenger cars, eclipsing Toyota's 2,796 units. The numbers are based on sales by members of the Motor Traders Association of
      538 words
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  • EXECUTIVE MONEY
    • Article
      Lock icon Give inverse funds a bear hug
      898 31 Bloomberg Can't afford any more losses? Try hedging the US stock market and win a Pyrrhic victory with reverse ETFs, writes JOHN F WASIK IF YOU are a long-term, buy-and-hold stock investor, you can take the bite out of a bear market. For most
      – Bloomberg  -  898 words
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      Lock icon BNP Paribas still bullish on commodities
      551 31 Reuters [HONG KONG] BNP Paribas remains bullish on commodities, especially agricultural products, despite a sharp downturn last month amid concerns about the global credit crunch and the weakening US economy. Frederic Hervouet, head of commodity investor derivatives Asia, told Reuters the current bull cycle
      Reuters; AFP  -  551 words
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      Lock icon Asian equity funds hammered in Q1
      1157 32 Worst-hit are former market darlings China and India funds, reports GENEVIEVE CUA ASIAN equity funds have so far suffered the brunt of the current year's heightened risk aversion, brought on by the credit crunch, rising inflation, and deepening economic gloom. Over a period of
      REUTERS  -  1,157 words
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      Lock icon The inefficiency of markets
      1010 32  -  JOSEPH CHONG MOST of those who took finance courses would remember the Efficient Market Hypothesis (EMH). It asserts that financial markets are "informationally efficient" that is, prices of traded assets such as stocks, bonds and property already reflect all known information. According to the EMH for
      STOCKXPERI  -  1,010 words
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      53 31 fSawCentre EEJMI IQ NUS Fin^nri^il c:i-i irlipc \7/5W National University BUSINESS i-inanciai iatuaies \^je/ of Singapore SCHOOL Singapore Conference s^Qfyijate^iM Finance. -T_^^\22 y^pril 2008 f Tuesday j S^^B/15arn-to^opm 1 Ballroom, Intercontinental Hotel, Singapore I v r^% Organized by L Vr^y y* Z,^w Centre for Financial Studie\ H'.iuit/ ryJ-irl'.itj mid JjJu//jic
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      42 32 lyvAw^|. ~"_^,~'l y y y lIIII^^^JII^^ i i mi Published and printed by Singapore Press Holdings Limited, 2 Jurong Port Road, Singapore *****8. Co. Regn. No. *****2868 E. A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs® sph.com.sg, Fax 6746-1925.
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  • Page 32 Miscellaneous