The Business Times, 26 May 2008

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

Total Pages: 38
1 38 The Business Times
  • 22 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 Monday, May 26,2008
    22 words
  • 779 1  -  CHUANG PECK MING They picked up a net USsllb worth of equities in Ql, making them top buyers of US stocks By [SINGAPORE] As Wall Street continued on its sharp descent in the first quarter of this year, Singapore investors went on a
    779 words
  • MARKETS DIGEST
    • 52 1 IT Index 3,122.15 -119.34 1COMP 1,274.78 -25.89 IIKKEI225 14,012.20 -207.28 IANG SENG 24,714.07 -904.79 ;et index 875.59 +5.26 IAKARTACOMP 2,465.96 1 Rfi -Z.oo 1ANILA COMP 2,849.28 -30.67 ;eoulcomp 1,827.94 -60.94 ;henzhenb 535.98 -20.80 IUMBAI IND 16,649.64 -785.30 )OW 12,479.63 -507.17 IAS DAI 2,444.67 -84.18 ;&P 500 1,375.93 -49.42 =TSE
      52 words
    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.729 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.88 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • 40 1 IS$ (S$ ier US$) 1.360 (US$/S$ per 1.978 2.691 :URO (US$/S$/E) 1.572 2.139 'EN 103.80 76.30 3.216 2.364 m 7.803 5.736 !AHT 32.10 23.59 lUPIAH 9,335 6,862 lENMINBI 6.943 5.104 INDIAN RUPEE 42.81 31.47 1.041 0.765 IZ$ 1.275 0.937
      40 words
  • 617 1 Reuters Parties fail to agree on who will control combined entity [MUMBAI/JOHANNESBURG] India's Bharti Airtel Ltd said on Saturday it had ended takeover talks with South Africa's MTN Group after failing to agree on which company will control a combined entity. The groups
    – Reuters  -  617 words
  • Page 1 Advertisements
    • 3 1 8 *****1 *****4
      3 words
    • 146 1 \^A COMFORT IS A MATTER OF y^ MILLIMETRES. An increase in temperature, altitude or physical activity may cause your wrists to expand and can even make wearing a watch uncomfortable. This is why Rolex invented and patented Easylink, an extension system that H folds out to let the wearer increase
      146 words
  • Page 1 Miscellaneous
    • 52 1 POWER LUNCH BizlT VIEWS FROM THE TOP FORMULA ONE LWS3T y^ The travel Salesforce.com sets up Natural disasters: Hamilton takes tM taste buds data centre here how ready are we? Monaco's glamour title i\Jft PAGEI7 PAGE 36 PAGES 14 &15 PAGE 24 L, M//f IM, fe uS COMMODITIES S^ -rf^'^S'^
      52 words

  • TOP STORIES
    • 751 2  -  OH BOON PING However, analysts believe market fundamentals remain intact By [SINGAPORE] Global commodity markets could see a correction ahead, after the strong rally seen in recent months, market watchers told the BT. So far, prices of several commodities have risen sharply alongside key indices
      Source: Bloomberg  -  751 words
    • 458 2  -  OH BOON PING M'sian companies seen as competitive as China's by SMEs By [SINGAPORE] Most Singapore firms view their Chinese counterparts as their strongest rivals, a survey has found. In the latest BT-UniSIM Business Climate Survey which polled 120 firms, 73
      458 words
    • THREE-MINUTE DIGEST
      • 74 2 SOMETIME in the near future in a HDB heartland, housewives will be able to download an entire Korean movie in mere minutes instead of hours. Researchers at Biopolis a biomedical science research development hub will be able to perform complex calculations previously
        74 words
      • 62 2 AS a sign of market recovery Singapore could see eight IPOs worth US$4.5 billion launched for the rest of the year if the market holds up, said Thomson Reuters. If indeed market sentiment does improve, IPOs for 2008 could outdo those launched last year
        62 words
      • 67 2 SMB and PSL interesting alternative construction plays WHEN it comes to investing in the property/construction sectors, most people think first of buying the big blue chips such as Capita Land, Keppel Land or City Developments. If they were to cast their nets further afield, they might venture into the construction
        67 words
      • 63 2 CREATIVE Technology has announced that it will incur a restructuring charge of US$l5 million in its fourth-quarter, while the company's revenues will be in the region of US$l3O million during the same period. The recent topline guidance signals another tough year for the
        63 words
      • 47 2 EAST Timor will have US$3 billion by end-2008 in a sovereign wealth fund and may hire fund managers to diversify its US Treasury holdings into better performing assets, President Jose Ramos-Horta told Reuters on Saturday. ECONOMY WATCH, PAGE 19
        47 words
      • 47 2 INDONESIA is handing out US$l.5 billion in cash to its poorest residents to soften the blow of big fuel price rises a move that might bring the government short-term relief after weeks of protests, analysts said yesterday. MALAYSIA/INDONESIA, PAGE 20
        47 words
      • 39 2 THAI stocks are relatively attractive after the country's return to democracy and given its low stock valuations compared to regional peers, Franklin Templeton's Mark Mobius said on Saturday. ASIA-PACIFIC/WORLD, PAGE 25
        39 words
      • 41 2 ÜBS AG, the Swiss bank seeking US$l5.6 billion from shareholders to replenish capital after sub-prime-related writedowns, said it may face more losses from holdings in both US and global mortgage markets. WORLD, PAGE 27
        41 words
    • 749 3  -  WINSTON CHAI Government agencies linked up in low-key tests to study disruption By [SINGAPORE] Sometime in the near future in a HDB heartland, housewives will be able to download an entire Korean movie in mere minutes instead of hours. Researchers at Biopolis
      749 words
    • 499 3  -  CHUANG PECK MING It eyes regional markets and aims for public listing, most likely on SGX By [SINGAPORE] Another Russian company wants to make Singapore its regional headquarters (HQ) and list here the second in less than a month. Nutritek Group, a wholly
      JOHN HENG  -  499 words
  • Page 2 Advertisements
    • 153 2 OSIM INTERNATIONAL TRIATHLON 2008 1 CATEGORY EVENT SWIM CYCLE RUN Individual Olympic Distance 1500 m 40km 10km Sprint 750 m 20km skm Mini 200 m 10km 2km Kids(lo-14yrs) 200 m 10km 2km Kids(7-9yrs) 100 m skm Ikm 1 Q O II II \f O^^^^Q Relay CHympic Distance 1500 m 40km
      153 words
    • 78 2 Balanced Currency Harvest Euro IIC 19/05/08 107,24 EUR I Booster Capital Guaranteed Fund USD I RID 15/05/08 10,29 USD i i I Croci Alpha Pairs Sectors USD |RIC-B 19/05/08 13,64 SGD I Croci Alpha Pairs Sectors USD IIC 19/05/08 *****,54 SGD Metal Drive Guaranteed Fund RID 15/05/08 18,05 USD FX
      78 words

  • Page 3 Advertisements
    • 214 3 Opens Today! At ASEANPLAS, you will be able to: meet and interact with some 250 exhibiting companies from 20 countries including national pavilions and groups from Austria, Germany, India, Italy, Singapore and Taiwan. "C learn from industry experts on how to leverage on technology to (If increase your competitive edge
      214 words
    • 124 3 I I ■ffjpi [jß|jj in I lfiS£3H^s c rvco rpß <':;:::;;:; |l?''l ESI xs»uirt OMcd SpE^ul www.servcorp.com.sg I Everything but the office I From $90* per month! A |l No SGt up fees, no security deposit, month to month flexibility Prestigious address for your business cards and letterhead Access to
      124 words

  • Page 4 Advertisements
    • 377 4 parkwayhealth.com Life. SHl^^^^H >^afeflßl^^ Our dedicated liver centre at Gleneagles v I H^ H Hospital offers new hope for patients with I I *f'~W&/Ek H '"If end-stage liver diseases. B I "//Jj" 1 Hi The Asian Centre for Liver Disease and 9 I v '»s^\" "H| Transplantation (ACLDT) has led
      377 words

  • COMPANY NEWS
    • 536 5  -  SIOW LI SEN Reuters If the economy does improve, '08 IPOs could be worth USs4.sb, beating '07 By AS a sign of market recovery, Singapore could see eight IPOs worth US$4.5 billion launched for the rest of the year provided the
      Reuters  -  536 words
    • 321 5 Company says it does not rule out more bad debts KXD Digital Entertainment's debt woes took the spotlight yesterday in an announcement which resulted from a series of queries by the Singapore Exchange on the company's dismal first-quarter results. The
      321 words
    • 278 5 ENZER Corp has appointed substantial shareholder Jonathan Lim Keng Hock as its new non-executive director and chairman, following the departure of Low Shiong Jin who is embroiled in trouble over missing funds at Oculus. In a filing with the Singapore Exchange, Enzer said that Mr
      278 words
    • 689 10  - SMB and PSL interesting alternative construction plays R SIVANITHY HEN it comes to investing in the perty/construction sectors, most people think first of buying the big blue chips such as Capita Land, Keppel Land or City Developments. If they were to cast their nets further afield, they might venture into
      689 words
    • 296 10  -  CHEN HUIFEN By CREATIVE Technology has announced that it will incur a restructuring charge of US$l5 million in its fourth-quarter, while the company's revenues will be in the region of US$l3O million during the same period. The recent topline guidance signals another tough year
      296 words
  • Page 5 Advertisements
    • 883 5 in CfarSaß m You don't have to look hard to realise just how big an asset The Fund will be actively managed and re-balanced every six class commodities are. Between 1997 and 2007, investment flows months, and aims to provide a potential dividend payout of 6.88% into commodities have grown
      883 words

  • SINGAPORE MARKETS
    • 690 6  -  R SIVANITHY STOCKS EVEN the most bullish of investors would have to admit that last week's drop was not entirely unexpected since bottoming at 2,792 on March 17, the Straits Times Index had bounced 449 points or 16 per cent to
      690 words
    • 1073 6 AFP Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (aa) Final Interest Income; (ab) Final Fully Franked; (ac) Final Capital; (ad) Capital; (ac) Cash/Bonus; (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax
      AFP  -  1,073 words
    • 502 6 CURRENCIES [HONG KONG] The Australian dollar hit its highest point against the greenback since the currency was floated 25 years ago during the week as it heads towards parity with the US currency. The New Zealand dollar also ended the week well up
      502 words
    • 113 6 AFP COMMODITIES [NEW YORK] Crude oil prices rallied near this week's sky-high records on Friday on concerns that global output will not satisfy rising demand and speculation on the back of a weak dollar. New York's main oil futures contract, light sweet crude
      AFP  -  113 words
    • 1974 6 Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advance SCT Ltd 2.50 2.50 2 7.15 4.76 0.50 0.32 .llco Commercial REIT 2.25 2.25 5.49 14.85 1.08 0.79 .llgreen Properties Ltd 2.45 2.10 11 9.68
      1,974 words
    • 4 6 WEEKLY
      4 words
    • 56 6 May 23 VALUE CLOSE -276.00 -19.00 BT OB/OS BT CADI -*****.00-110.00 BT 10-day MA -*****.00 -27.00 FTSE ST Mid Cap 806.54 -6.35 FTSE ST Small Cap 682.16 -6.90 FTSE ST All Share 802.52 -9.01 FTSE ST China 480.61 -15.97 UOB Catalist 159.21 -0.05 SiMSCI 383.46 5.83 SiMSCI
      56 words
    • 59 6 VOLUME Jade Tech 659,341,000 Oceanus 271,206,000 Golden Agri 218,762,000 Global Voice 148,232,000 Abterra 134,792,000 Magnus 134,441,000 Sing Tel 133,506,000 JiutianC 130,948,000 Yangzijiang 119,960,000 CoscoCorpDßeCWoBo929 110,533,000 VALUE(S) Sing Tel 489,331,460 Keppel Corp 471,031,049 DBS Grp 390,306,048 UOB 337,304,312 SGX 332,549,376 Capita Land 265,260,053 Cosco Corp 241,958,580 Golden Agri
      59 words
    • 98 6 CLOSE UP 9120 524.9 4.4 GLD 10US$ SembCori Ind 470 40.0 9.3 Total Access 176 29.9 14.3 Hotel Proi 316 27.0 9.3 SembMar 448 27.0 6.4 Ezra 292 24.0 9.0 StraitsAsia 400 20.0 5.3 Tat Hon. 228 17.0 8.1 Wilmar 527 16.0 3.1 .ho' 60 15.0 33.3 Pacific HCW*****6
      98 words
    • 113 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 3270-394.3 -8.1 JMH JSH 1768-176.8 -6.8 DBSBk6% NCPS 10 *****-160.0 -1.5 UOB 1894-134.0 -6.6 ir China H 10US$ 1747-103.3 -4.2 OCBC Bk4.5%NCPS 100 *****-100.0 -1.0 Ci 1104 -96.0 -8.0 DBS Gr| 1956 -92.0 -4. DBSMBLiCW*****0
      113 words
    • 86 6 Where S! stands May 23 CHNG CLOSE FR May 22 YR2008 S$ LOW S$ HIGH uss 1.3593 -0.02 1.4542 1.3457 Euro 2.1374 0.30 2.2064 2.0474 Pounds 2.6884 -0.07 2.8431 2.6568 AS 1.3055 -0.07 1.3235 1.2349 Yen* 1.3083 0.66 1.4484 1.2832 Rill liah* 0.***** 0.05 0.***** 0.***** Baht* 4.2359 0.48
      86 words
    • 1546 8  -  TEH HOOI LING THE picture on the economic front with US financial institutions facing deeper losses and record energy prices depressing consumer spending continues to be worrying. And that's going to weigh on the stock market in the weeks ahead. Last week, the Standard Poor's (S&P)
      1,546 words
    • 1386 8  -  ROBERT HALILI INSIDE MARKETS Three asset managers lowered their stakes to below 5 per cent in three listed firms By TRADING among directors and substantial shareholders was flat for the second straight week based on filings on the Exchange during the holi-day-shortened
      1,386 words

  • RISING ASIA
    • 1222 7 If industry players are right, Islamic banking is set to enjoy significant growth over the next few years, writes CHEN HUIFEN ISLAMIC finance has generated a hive of activities in Asia recently, driven by greater awareness, demand from investors in the Middle East and closer
      1,222 words
  • Page 7 Advertisements
    • 51 7 Making more possible j ABN'AMRO Private Banking This is the sixth of a fortnightly series brought to you byABNAMRO Private Banking %^Kw£tuk Handing over the responsibilities of wealth is never easy. Balancing your needs Bankers at 6518 8866. You can also read more atwww.abnamroprivatebanking.com 1111^^ Making more possible ABN'AMRO Private
      51 words


  • Page 9 Advertisements
    • 188 9 •^^r '4 feh^^^^ I Dreams. Realities. o I After an evening of tantrums that shook the Every minute, Kate's world is being enhanced I walls, Kate has finally begun to dream. >» But by those near and far. And every minute, Citi is I down the hall, her father wonders
      188 words

  • Page 10 Advertisements
    • 2138 10 1^ I WmmC^ J_\| V^>/ J. J.V^> d 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg I BUY IT«SELL IT* FIND TT (A N/4 Bangkok Bank Public Company Limited (INCORPORATED IN THAILAND) Consolidated Balance Sheet Consolidated Statement of Income As at December 31,2007 For the year ended December 31,2007 Assets 2007 2007
      2,138 words

  • Page 11 Advertisements
    • 1115 11 Important Notice to Shareholders Parkway Holdings Participate in Parkway's Growth in Asia Parkway Holdings Limited ("Parkway" or the "Company") is undertaking a renounceable Important Dates to Note underwritten rights issue (the "Rights Issue") of up to 360,398,108 new ordinary shares in the capital of the Company (the "Rights Shares") at
      1,115 words

  • SINGAPORE NEWS
    • 595 12  -  CHEN HUIFEN Staff strength rising to 50 from 30 as increasing wealth in Asia drives growth By BOOSTED by the economic boom in Asia, branding agency Designßridge is expanding its business in the region and boosting its headcount to about 50 by the end
      595 words
    • 420 12  -  CHEN HUIFEN By SUBSIDIES will never be a long-term solution to rising prices in oil and food, just as the experience in other countries has shown, Minister Mentor Lee Kuan Yew reiterated yesterday in response to the many letters to the media
      420 words
    • SINGAPORE ARTS FESTIVAL
      • 125 12 Poster of the Singapore Arts Festival 2008 seen through an art installation "disSPACEments" for the Singapore Arts Festival 2008 conceptualized and designed by Chia Yu Hsien (Singapore). Maze in the city: Extruding Moments Intruding Memories Imagine a forest and a maze of towers in the heart
        JOHN HENG  -  125 words
      • 641 12  -  LIM WEN JUIN Entertainment started earlier with street performers By WATER Fools, an act presented by French street theatre company Ilotopie, got this year's Singapore Arts Festival quite emphatically underway last Friday evening. But the entertainment began before that with warm-up street performers like a
        JOSEPH NAIR  -  641 words
  • Page 12 Advertisements

  • Page 13 Advertisements
    • 193 13 You can JjX Star Hub It's good to be first. It's better to be fastest. And it's best to be both. \i~A*ffi A PkP^B \mm\yLm\ >AAm\ 7 V I" 1 '^ii'^B^BH i^k 1 I Wmmmmmmw SA\ W^^^ -rii~'fi ZT^ Wammw^SA- m^m. tBM. wW I P^ w^SM^-^^<WL\ m^% to- WitfAm^-*-'"? *twA
      193 words

  • VIEWS FROM THE TOP
    • 3152 14 THIS WEEK'S TOPIC Does the corporate sector do enough to help out when natural disasters strike? What more can be done, especially here in Singapore? Lim Eng CEO NCS Group "WHEN natural disasters strike, Singaporeans and Singapore companies have demonstrated in the past that they
      PHOTOS: AP  -  3,152 words

  • Page 15 Advertisements
    • 570 15 I fflV HQ I SERVERS jdftl Your datacenter operation requires servers and solutions for M 3T# V^^P^vlf highest levels of business continuity, efficiency and agility. M m A Fujitsu PRIMERGY Blade Servers can deliver these benefits PjflPvJMp! f and more, with better performance and less energy Pstvai consumption. By integrating
      570 words

  • dining out with citibank
    • JAPANESE GEMS
      • Article, Illustration
        346 16 270 Orchard Road, #01-05, Park Hotel Orchard. Tel: 6737-1160 TATSUYA is a long-esta-blished Japanese restaurant that is both highly regarded with a long line of regular admirers and sometimes criticised for being a tad on the pricey side. There's rarely any dispute, however, over the quality of its cuisine
        ARTHUR LEE  -  346 words
      • 324 16 165 Tanjong Pagar Road, #02-26, Amara Hotel. Tel: 6324-8388 WITH 33 years of experience in the sushi business under his belt, Santaro Li is cut from the same culinary cloth as his contemporary Yoshio Nogawa especially since they also worked together in the early days of the
        324 words
      • Article, Illustration
        271 16 Shangri-la Singapore, Orange Grove Road. Tel: 6737-3644 ONE of many international branches of the famous Tokyo original, Nadaman Singapore has been feeding foreign dignitaries and local businessmen for years first on the top level of the Shangri-la and now in its current position on the lobby floor. There's an
        271 words
      • Article, Illustration
        270 16 #03-01 RitzCarlton Singapore. Te1:6338 3788 SHIRAISHI is one of the handful of authentic sushi masters in Singapore, having trained under the well-known sushi guru Yoshio Nogawa. The wiry, immaculately-mannered chef has headed the sushi counter at his namesake restaurant for more than 10 years now, and he's still personally
        270 words
      • Article, Illustration
        328 16 100 Orchard Road, #03-25, Lobby Level, Le Meridien Hotel. Tel: 6732-2911 IF anyone can stake a culinary claim to being responsible for Singapore's enduring love affair with sushi, it's Yoshio Nogawa, the chef whose eponymous restaurants have been serving up raw fish and vinegared rice to sushi and sashimi
        JOSEPH NAIR  -  328 words
      • Article, Illustration
        266 16 Goodwood Park Hotel 22 Scotts Road Tel: 6734-6281 STARTED by Japanese restaurateur X Watanabe in 1980, Shima is one of the oldest Japanese restaurants in Singapore. It has an enduring reputation for teppanyaki, so there's certainly something to be said for first mover advantage Shima was one of the
        266 words
      • Article, Illustration
        290 16 Level 4, Pan Pacific Singapore Tel: 6826-8335 NO other Japanese restaurant in Singapore whisks you away to the countryside like Keyaki, tucked away as it is in a Japa-nese-style garden with carefully arranged stones and a pond of handsome koi fish and two residential tortoises. Keyaki is named after
        290 words
      • Article, Illustration
        303 17 Level 3, Fairmont Singapore 80 Bras Basah Road Tel: 6431 6156 ITS makeover in 2007 has definitely catapulted Inagiku into stylish realms. With the warm lighting dimmed to the lowest it can possibly go, highlighting the soft carpeting and leather chairs in walnut, the overall impression the restaurant gives
        303 words
      • Article, Illustration
        280 17 #02-42 Great World City. Tel: 6736 0888 #05-01 Shaw Centre. Tel: 6735 5300 #81-06 Raffles City Shopping Centre. Tel: 6883 2020 REGARDLESS of which branch of Kuriya you end up going to, you can be sure that you'll get bang for your buck. The perennially crowded restaurants are well
        280 words
      • Article, Illustration
        310 17 #01-01 Orchard Parade Hotel. Tel: 732-4438 AKASHI, which originally made its name offering great quality and affordable Japanese food in its original location in Tanglin Shopping Centre, went decidedly more upmarket in its new flagship restaurant in Orchard Parade Hotel, with all its regular patrons following suit. The new
        310 words
    • 779 17  -  JAIME EE POWER Lunch Charles Reed's favourite Japanese restaurants: 'The quality of Japanese restaurants in Singapore is excellent. For good ramen, I would recommend Satsuma Shochu Dining Bar at the Gallery Hotel. For top-grade sashimi, Nadaman at Shangri-La is the place to go to. If
      J JOHN HENG  -  779 words
  • Page 16 Advertisements
    • 172 16 BT-CITIBANK GOURMET CHOICE AWARDS 2008 The Business Times and Citibank are proud to present the first ever BT-Citibank Gourmet Choice Awards a prestigious Award to recognise top restaurants in nine cuisine categories. This Award also promises to be the ultimate guide for food lovers seeking the best in epicurean delights.
      172 words

  • Page 17 Advertisements

  • BT-CITIBANK YOUNG INVESTOR'S FORUM
    • 929 18 In this follow-up to last week's introduction on dividends, JASON LOW shares some tips on identifying good dividend-yield stocks E said last week that yes, with high dividend-yielding stocks you might be able to obtain double rewards dividend yield and capital gains. While knowing that a good
      LUDWIG ILIO  -  929 words
    • 733 18 CAMPUS LIFE JASON LOW speaks to students who won an international case competition held in Montreal, Canada SUB-ZERO temperatures, native French speaking judges and a whole field of "case giants" that's what a team from Nanyang Business School (NBS) had to face en
      733 words
    • 204 18 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
  • Page 18 Advertisements
    • 46 18 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words

  • ECONOMY WATCH
    • 658 19 Reuters It may hire fund managers, diversify from US Treasuries [SINGAPORE] East Timor will have US$3 billion by end-2008 in a sovereign wealth fund and may hire fund managers to diversify its US Treasury holdings into better performing assets, President Jose
      – Reuters  -  658 words
    • 835 19 -AFP Under attack from politicians and Europeans, it has to inspire confidence [FRANKFURT] Ten years ago the ECB was born with a high-risk mission of launching the euro and managing the monetary affairs of the new eurozone, one of the biggest economies
      -AFP; AFP  -  835 words
    • 501 19 Bloomberg, Reuters [TOKYO] The World Bank will raise at least US$5.5 billion with the United States, the UK and Japan this year for climate change funds that will help poor nations use clean technology and tackle global warming, its vice-president said. The bank
      Bloomberg, Reuters  -  501 words
    • 162 19 Bloomberg [SEOUL] Bank of Korea governor Lee Seong Tae said central bankers around the world are facing more "uncertainty" that makes policymaking increasingly difficult. "The question of how to cope with uncertainty is a big challenge for central bankers and academic theorists," Mr Lee said
      – Bloomberg  -  162 words
  • Page 19 Advertisements
    • 80 19 The celebration of Fuzhou cuisine has been 143 years in the making. It has just got better on our first anniversary in Singapore! Ih^b^S^^S^1 F 7 Enjoy 1-for-l Original 1876 Buddha Jumps Over The Wall and savour the finest selection of wholesome Fuzhou dishes. Limited to advanced reservations from 26
      80 words

  • MALAYSIA/INDONESIA
    • 409 20 DPM Najib to chair Cabinet committee on inflation to review fuel subsidies [KUALA LUMPUR] Malaysia has no plans to raise pump prices of petrol and diesel despite mounting fuel subsidies following record crude oil prices, a minister said on Saturday. Malaysia,
      409 words
    • 614 20  -  S JAYASANKARAN MALAYSIA INSIGHT The lengths Dr M would go to to achieve Abdullah's ouster is mind-boggling MANY years ago, Mahathir Mohamad, then prime minister of Malaysia, told this writer that it was necessary to have laws like the Internal Security Act because "in
      614 words
    • 248 20 Xinhua [JAKARTA] The Indonesian government will set up a parent holding company for state-owned banks to comply with a regulation prohibiting any investor from owning a majority stake in more than one bank. "We decided to establish a holding company for
      – Xinhua  -  248 words
    • 360 20 AP [JAKARTA] Indonesia is handing out US$l.5 billion in cash to its poorest residents to soften the blow of big fuel price rises a move that might bring the government short-term relief after weeks of protests, analysts said yesterday. The government moved quickly
      AP; REUTERS  -  360 words
    • 2736 20 Transaction date: May 23 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,736 words
    • 125 20 Stock name Close Chani Cai .and 6.300 -0.060 Cai iMall 3.370 -0.140 Cit' 11.040 -0.280 Cosco Con 3.360 -0.210 DBS Gri 19.560 -0.060 FSN 4.820 Gent Intl 0.580 HKLand 4.770 +0.070 JSH 17.680 +0.200 Jardine CSC 16.820 -0.240 tod name lose lange Kei Con 11.800 -0.240
      125 words
    • 101 20 Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 8 2 0 0 0 8 8 2 Manufacturing 73 107 55 25 11 98 118 62 Commerce 26 34 19 31 42 25 r/G 10 24 13 24 Finance 13 20 14 20 Construction
      101 words
    • 121 20 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 204,610 204,610 770,968 770,968 Manufacturini 1,676,289 823,751 2,500,040 1,509,346 106,134 1,615,480 Commerce 407,409 282,421 689,830 372,292 79,745 452,037 Tpt/Stor/Comms 529,257 4,673 533,930 1,414,758 1,359 1,416,117 Finance 131,872 1,227 133,099 1,347,601 280 1,347,881 Construction 140,199 235,829 376,028 32,660 15,689 48,349
      121 words

  • FOCUS: ENERGY
    • 496 21 -Reuters Solutions offered by Obama, McCain are vague for fear of alienating voters [NEW YORK] Americans struggling with rising fuel costs may find no quick relief from the energy proposals being touted by the two main presidential contenders in this year's
      -Reuters; I REUTERS  -  496 words
    • 520 21 Reuters [WASHINGTON/NEW YORK] Oil's relentless price rise has pushed US drivers off the road, curbed consumers' appetite for expensive goods, forced airlines into their deepest cuts in years and threatened carmakers with a flood of red ink. It all points to a
      – Reuters  -  520 words
  • Page 21 Advertisements
    • 119 21 LUXURY -^^■BN (if r r BB^ xJM yl s. \BJ 4. mi If jflß/IW fl miU M* lIM itt* J iMMH :«X*M [4-4 Jhik* MA 114 l«M *il »1 ii-Jal [Ml.Tii W IBliygßl EA^^jg^^^Bj&fl Brrfl In conjunction with the Singapore HUEHWiiI y L 2h& rDZer StISSS: t T^l« 8^ dishes
      119 words

  • GREATER CHINA
    • 552 22 -AFP AFTER THE QUAKE As hopes of finding survivors dim, focus turns to clean-up, reconstruction [CHENGDU] More foreign help arrived in China yesterday as forecasts of heavy rain threatened to pour more misery on survivors of the devastating earthquake that killed at
      -AFP; AP  -  552 words
    • 296 22 AFP [BEIJING] Millions of dollars in bad loans caused by China's massive earthquake will be written off in an effort to help disaster victims, the nation's bank regulator said on Saturday. "If borrowers suffered huge losses that cannot be covered by insurance,
      AFP  -  296 words
    • 472 22 Mass migration of frogs, toads before May 12 disaster [TANGSHAN] Well before this city was destroyed by an earthquake 32 years ago, the coming disaster was loudly preceded by strange animal behaviour and other bizarre signals that survivors wished that they
      472 words
    • 725 22  -  SAIBAL DASGUPTA Analysts see rise in demand for insurance products By in Beijing THE China Insurance Regulatory Commission (CIRC) has set up an expert committee to look at introducing catastrophe insurance to protect individuals and companies against natural disasters like this month's earthquake in
      725 words
    • 548 22 Reuters [BEIJING] When the chairman of Taiwan's ruling Nationalist Party, or Kuomintang (KMT), visits China this week, commentators might be tempted to see it as a sign that enmity and suspicion are in the past. They are not. True, the old antagonists are far from
      – Reuters  -  548 words
  • Page 22 Advertisements
    • 253 22 CommunicAsia2OOB Enterprise IT2OOB The 19th International Communications and The sth International Information Technology Information Technology Exhibition Conference Exhibition Conference for the Enterprise INTERHCTjvCyHF The 2nd International Interactive, Digital Media S Entertainment Exhibition Conference The ICT event that showcases a complete spectrum of technologies Over 1,500 companies from more Domain-driven panel
      253 words

  • GREATER CHINA/INDIA
    • 530 23  -  JANE MOIR But despite margin squeeze, banks may hesitate to raise their mortgage rates in Hong Kong HONG KONG home owners are expecting interest rate hikes as banks in the city attempt to bolster earnings, ending a long run of cheap mortgage
      530 words
    • 354 23 Reuters [HONG KONG] A work by Chinese artist Zeng Fanzhi sold for US$9.5 million on Saturday, a new auction record for an Asian contemporary artwork, at auctioneer Christie's first evening sale of such art in Hong Kong. Other records also
      ■ Reuters; AFP  -  354 words
    • 488 23 Reuters [BANGALORE] India's main opposition party, the Hindu-nationalist Bharatiya Janata Party (BJP), has won an election in the southern state of Karnataka, extending a winning streak ahead of a national vote due by early 2009. The BJP victory surprised many pollsters and
      Reuters  -  488 words
    • 295 23 Bloomberg [BEIJING] China told its six telecommunications companies to merge their assets, allowing fixed-line carriers to expand into wireless services and creating three operators that will offer phone and Internet connections to 1.3 billion people. Under the plan, the parent of
      Bloomberg  -  295 words
  • Page 23 Advertisements
    • 136 23 LUXURY TOURS TRAVEL PTE LTD /^rffPPßßh^v The Leading Operator I f^f) Established since 1985 100 Orchard Hd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore P***** Email: luxturesingnet.com.sg ",uhs:i:i,.iiy: I UXI.RY COACH SERVICE WebSilS" Www luxury Com SO Member of NATAS 40 coaches available for charter Singapore Malaysia jjl ——^H ti'iuii!
      136 words
    • 150 23 AUni DOCtOrS CEOS Over 50 professionals enrol with us every D C I year to pursue the 2-year LL.B (Hons) professionals degree t h roU gh the graduate ENTRY ROUTE. A Dr^ Qf jC\j f\ I IC The LL.B (Hons) is a qualifying Law I I vOUVJIUUO degree in the
      150 words
    • 166 23 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
      166 words

  • FORMULA ONE
    • 696 24 -AFP Race on treacherous wet and dry conditions had its share of accidents [MONACO] Briton Lewis Hamilton won yesterday's Monaco Grand Prix and reignited the scrap for this year's drivers' world championship with a memorable drive for McLaren in a race of treacherous wet and dry conditions.
      -AFP; AP  -  696 words
    • 476 24 Reuters [TOKYO] When CEO Takeo Fukui says that he would spend US$lO billion to rack up a Formula One victory for Honda, you get the sense that he really means it. Under Mr Fukui's five-year leadership, Honda Motor's
      Reuters  -  476 words
    • 297 24 -yIF.P They keep their distance as he is embroiled in a lurid sex scandal [MONACO] The big money players in Formula One, the companies that supply the engines for the teams, turned down an invitation to meet FIA president Max Mosley here at the
      -yIF.P  -  297 words
  • Page 24 Advertisements
    • 27 24 WANTTO BE CHAUFFEURED AROUND BY YOUR FAVOURnt 91.3 DJS AND ENJOY A HEARTY MEAL WITH THEM RADIO 100% PURE FUN TUNE IN NOW AND LOG ONTO WWW.RADIO9I3.COM
      27 words
    • 72 24 W\, r v How To Wear The I I SI'IV™ New Sleeveless I I -rAKEiHSSAfua 1 Makeup I I -BIKHmEADV 1 (HI I jHH I SRA.TREATSIOTUY WE SieCV 111 I SUNCARtGUiDE TO HhWJT^* **^H I WAR GLADIATOR *^H yT.W' sanoalsi jh IKtn! I -THE BEST SPUNCH mff'S^i TIMELESS I WAKDKDHI-
      72 words
    • 38 24 saafEtt L J1 rfrmsA I C 1771 Cr -^^fl A^l SEX SUR'v'wifl W E%f") giasssfl iff JN as**? r: aasHss I BEACH HUNKS tt-'jßbl w>w\ IFV BEWARE GET^YOUR COPY NOW! mm rta»a±ai»? IAI •4£3«SPAa«ttflES If ■11--S i'*fl»LH sPHinaP'azines
      38 words
    • 19 24 Lianhe Zaobao OCBCto expand its mobile banking services when other banks have suspended them Ql, ST U Yi^kt WW.ST7OI.COM
      19 words

  • ASIA-PACIFIC/WORLD
    • 458 25 Reuters Shipping and consumer-related stocks are likely to outperform in Asia [BANGKOK] Thai stocks are relatively attractive after the country's return to democracy and given its low stock valuations compared to regional peers, Franklin Templeton's Mark Mobius said on Saturday. Shipping and
      – Reuters  -  458 words
    • 591 25 -AP [SAO PAULO] Consumers in the United States are tightening their belts; Brazilians are spending like there's no word in Portuguese for recession. Middle-class Americans are surrounded by a rising tide of angst; Brazil's middle class is growing. Even some credit-wor-thy
      -AP; AFP  -  591 words
    • 395 25 May 23 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank
      395 words
    • 350 25 Bloomberg It will protect value of Babcock Power's assets, says CEO [SYDNEY] Babcock Brown Ltd is prepared to help Babcock Brown Power with funding if Australia's biggest publicly traded electricity producer fails to secure additional debt financing from banks. Babcock is willing to
      – Bloomberg  -  350 words
    • 255 25 AFP [TOKYO] Japanese companies are slowing down their capital investment in the face of a stronger yen, rising material costs and concerns about the US economy, a report said yesterday. They plan to increase spending in plant and equipment by 3.7 per cent in
      AFP  -  255 words
    • 448 25 -AFP She has increased the number of commuters by 17% [KINOKAWA] In times of need, Japanese say that they can even ask the cat for help. In this town in western Japan, people look to Tama, a nine-year-old cat working as master
      -AFP  -  448 words
    • 647 28 AFP, AP Yeo says Asean can only facilitate trust between the junta and outside help [YANG ON] Myanmar must quickly open up to foreign aid to address the desperate needs of 2.4 million cyclone survivors, Singapore's foreign minister told a donor conference yesterday. George
      AFP, AP  -  647 words
    • 721 28  -  ANDREW MARKS WALL ST INSIGHT in New York BEARS are back as Wall Street frets over oil and the economy. Over the past two months since Bear Steams' near bankruptcy then subsequent rescue and sale to JPMorgan Chase brought the
      REUTERS  -  721 words
    • 266 28 I Reuters [MADRID] Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, US billionaire investor Warren Buffett told newspaper El Pais in an interview published yesterday. "The banks exposed themselves too much,
      I Reuters  -  266 words
  • Page 25 Advertisements

  • FOCUS: RISING INFLATION
    • 341 26 Reuters Rising food and energy prices threaten to spark inflationary spiral in emerging economies [NEW YORK] Policymakers and investors are ignoring the risks of surging food and energy prices, which threaten to spark an inflationary spiral in emerging economies and restrict growth in
      – Reuters  -  341 words
    • 464 26 Reuters [WASHINGTON] In a sign that Americans are curbing their driving in the face of record-high gasoline prices, data released last Friday showed highway kilometres driven in March fell 4.3 per cent from a year earlier, the first March decline since the
      Reuters; AFP  -  464 words
    • 294 26 Reuters [RIYADH] Annual inflation in the world's top oil exporter Saudi Arabia rose to 10.5 per cent in April, its highest level in at least 27 years, fuelled mainly by rents and food prices. Inflation is a challenge across the
      – Reuters  -  294 words
  • Page 26 Advertisements
    • 1626 26 W -JywiMtt^^^^^^^^MllWWlWßWM JPMorgan Chase Co. Parent company of JPMorgan Chase Bank, National Association JPMorgan Chase Co. JPMorgan Chase Co. Condensed Consolidated Statement of Income Condensed Consolidated Balance Sheet For the year ended December 31, 2007 December 31, 2007 In millions. Revenue except per share data Assets In millions Investment banking
      1,626 words

  • WORLD
    • 394 27 Bloomberg Bank is also evaluating whether to limit or stop its US reference-linked note programmes [ZURICH] ÜBS AG, the Swiss bank seeking US$l5.6 billion from shareholders to replenish capital after sub-prime-related writedowns, said it may face more losses from holdings in both US
      Bloomberg  -  394 words
    • 686 27 -AFP Wharton study shows link between wealth, well-being [WASHINGTON] The saying goes that money can't buy happiness. But inquiring economists have been working for decades trying to prove or disprove the notion. Researchers at the University of Pennsylvania's Wharton School of Business released a
      -AFP  -  686 words
  • Page 27 Advertisements
    • 83 27 Hl V 1 COMPANY (WAIJSIS vi V Hfll CATALIST I 5& new growth ■j^^^r |V* STORYFORSGX P, I kA!rJ fc M jMfiKETHSttHTS I ■MBMllijlli^H I t^l fjf* *j puis ■■■■■II Hi V«V —C# More Bang for your Buck Pulses: the heart of the investing community. Get your copy at $5.50
      83 words
    • 1321 27 If you are in any of these situations: You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch and
      1,321 words

  • Page 28 Advertisements
    • 1768 28 mandiri CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENTS OF December 31,2007 and 2006 PROFIT AND LOSS (Expressed in millions of Rupiah, unless otherwise stated) December 31, 2007 and 2006 ASSETS 2007 2006 (Expressed in millions of Rupiah, unless otherwise stated) Cash 5,909,369 3,965,717 2007 2006 Current Accounts with Bank Indonesia 28,161,059 21,579,158
      1,768 words

  • AVIATION/SHIPPING
    • 519 29 Bloomberg Investors' low valuation a bizarre outcome for a large company: Lehman [PARIS] Airbus SAS, the world's largest commercial aircraft maker, is valued at "less than zero" after this year's 31 per cent drop in the shares of parent European
      Bloomberg; AFP  -  519 words
    • 328 29 AFP [HANOl] Australian lowcost airline Jetstar and a Canadian luxury resort and casino developer have launched two ambitious projects that aim to revolutionise Vietnam's fast-grow-ing tourism industry. Jetstar, the budget offshoot of Australian carrier Qantas, teamed up with Vietnam's Pacific Airlines to launch Jetstar
      AFP  -  328 words
    • 239 29 Bloomberg [DALLAS] Children flying alone to camp this summer will cost their parents more as US airlines boost fees to help cover rising fuel costs. Frontier Airlines Holdings Inc, the regional carrier that sought bankruptcy protection last month, last Friday joined AMR
      – Bloomberg  -  239 words
    • 474 29 Bloomberg It is the index's longest decline since March [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, had its longest decline since March because of an oversupply of panamax vesels that haul goods such as grain and coal. The
      Bloomberg  -  474 words
    • 162 29 Bloomberg [MILAN] Alitalia SpA, the airline that Italy has been trying to sell for more than a year, led a 31 per cent traffic decline at Milan's Malpensa airport last month after the unprofitable carrier cut two-thirds of its flights. Traffic at Malpensa, Italy's
      Bloomberg  -  162 words
    • 2440 29 AIRLINE CODES: AA Arn^ an Airlines (AAL), AF Air France (AFR), Al Air India (AC), A> =innair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd w JG Biman Bangladesh Airlines (BBC), Bl Royal Brun. _dn Bhd (RBA), BO Bouraq Airline. w w EVA
      2,440 words
  • Page 29 Miscellaneous
    • 270 29 CRYPTIC CROSSWORD ACROSS 4 Reportedly angles for openings (8) j^l 9 Run off on Sunday run (6) 9 10 Irregular cops' raid going I wrong (8) I^H 12 One reeks spilling fuel (8) B^^^HH WR WU 18 Gloomy inside leaky mar- '4 HJ^HH^^HBH 22 Way round permit for gamb- 23
      270 words

  • SINGAPORE STOCKS
    • 6208 30 Week ended: May 23 52-wks Tel |h Low Code Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil Hii Com| 5716 1st Software ***** I? ?K Si?" '18 S ffi FS P E 24.5 7.5 1100 AEM 42
      6,208 words
    • 81 30 52-Wk Tel High Low Code Last Sale Vol COOP) Week ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech US200 US6200 250 60 1000 1000 6097 IS MSCI Spore ***** *****
      81 words
    • 2057 30 Hii |h Low Code Comi >an' Sale C000) Hii Low By ler Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5
      2,057 words
    • 257 30 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      257 words
  • Page 30 Advertisements
    • 36 30 Le maitre de Vhorlogerie depuis 1875 L, \lSlmH»lE||f® jmsSm. HsliiiiMiSsu Sole Distributor Service Centre: AUDEMARS PJGUET (SINGAPORE) PRIVATE LIMITED .^S 341 River Valley Road #01-01 Singapore *****2 TeT:'623B 6678 Fax: 6238 6676 B^fSPi W^^^ Internet: Http://www.audemarspiguet.com
      36 words

  • FINANCE & COMMODITIES
    • 362 31 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai 23 World Index Preliminan 1049.7 -1.2 -7.2 -1.2 -9.9 -1.1 -4.5 EAFE Preliminai 1010.6 -1.3 -9.8 -1.0 -9.6 -0.9 -4.3 Euro[ Prelim inan 1382.8 -1.6 -10.4 -1.4 -10.8 -1.3 -5.5 Pacific
      362 words
    • 132 31 As at 9am May 23 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2920 1.3070 Can dollar 1.3700 1.3870 Euro 2.1250 2.1490 NZ dollar 1.0570 1.0800 iterlini ind 2.6760 2.7050 US dollar 1.3520 1.3670 Local dollars to 100 units of foreign
      132 words
    • 157 31 May 23 fer Overnight 3/4 1-monfh 1 1/8 2-months 1 3/16 3-months 1 1/4 Overnight mode: 11/16 US$ Offer 5/8 1 1 1/16 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.35 2.48 2.72 2.92 3.00 3.12 3.28
      157 words
    • 25 31 May 23 ten Hii Sett STI IIMSCI Ma' 387.9 389.6 385.2 Taiwan Ma> 344.9 345.4 338.1 Source: MF Global (S) He. Ltd
      25 words
    • 22 31 May 23 S! Bid Offer 1-month 1.3581 1.3594 2-months 1.3564 1.3578 3-months 1.3549 1.3564 6-months 1.3506 1.3521 Source: OCBC
      22 words
    • 158 31 May 23 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3055 1.3073 0.9601 0.9606 Canadian dollar 1.3791 1.3808 1.0142 1.0146 Euro 2.1376 2.1395 1.5720 1.5721 NZ dollar 1.0665 1.0682 0.7843 0.7849 iterlin. md 2.6893 2.6917 1.9777 1.9779
      158 words
    • 356 31 May 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.357 97.225 96.985 96.795 0 0 0 0 ***** ***** 9064 ***** EUROYEN FUTURES JunO8 99.145 99.150 SepO8 99.100 99.100 DecO8 98.995 99.020B MarO9 98.915 98.940 JunO9 SepO9 DecO9 Mar10 99.145 99.095 98.995
      356 words
    • 283 31 May 23 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest JunO8 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 429.75 427.25 424.25 422.50 420.00 421.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest
      283 words
    • 104 31 May 23 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1368.00 1324.75 1371.00 1341.00 Aug 08 1370.00 1328.25 1372.50 1361.00 Sep 08 1358.00 1324.25 1360.00 1347.00 Nov 08 1353.50 1324.25 1365.50 1341.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 08 63.56 61.83 64.25
      104 words
    • 76 31 CRUDE OIL PRODUCTS May 22 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 131.52 0.87 WTI (Near Mth) 130.16 -2.79 Dubai (1-Mth F) 129.39 5.32 Tapis blend 141.45 6.56 Minas 137.65 6.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 122.82 173.50 5.82 6.2 US$/barrel Opec Oil
      76 words
    • 466 31 May 23 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.947 6.667 0.611 7.493 41.113 89.644 0.997 10.057 3.088 1.224 65.736 41.770 1.306 7.371 0.989 29.287 30.822 0.486 0.960 Canada 1.056 7.043 0.645 7.915
      466 words
    • 92 31 May 22 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****W 21.08.08 1-Year BY*****N 04.05.09 0.88 1.01 0.88 0.80 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hii 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year
      92 words
    • 132 31 May 23 Hong Kong London 921.90 927.00 922.90 928.00 May 22 May 23 920.70 926.15 921.70 927.15 Source: Reuters CAST BAR (S$) May 23 Buying Sellim Kilobar "43,149.89" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™ 96.3
      132 words
    • 76 31 May 23 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
      76 words
    • 66 31 May 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jun 08 3668 Jul 08 3555 Aug 08 3575 Sep 08 3576 Total o/p: ***** contracts 3611 3631 3568 262 2067 3620 3650 3555 2362 ***** 3654 3658
      66 words
    • 70 31 May 23 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2959.00 2952.00 3 months 3001.00 2995.00 Copper, Grade A (US$/tonne) Cash 3 months 8301.00 8180.00 8232.00 8125.00 Lead (US$/tonne) Cash 1988.00 3 months 2009.00 1991.50 2010.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 79 31 May 23 COCOA (£/tonne) Close Prev Hii ih/Low Jul 08 1379 1389 1400/1376 SepO8 1370 1380 1392/1369 Dec 08 1362 1367 1377/1359 Mar 09 1349 1354 1364/1347 COFFEE (US$/tonne) Close Pev High/Low May 08 2221 2209 2225/2213 Jul 08 2242 2229 2260/2222 SepO8 2230 2220 2245/2210 Nov08 2215 2212
      79 words
    • 3029 31 BONDS WARRANTS Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 3.5 -0.5 126 1 87 183 9.14 27 »92 Asia Environment W*****4 17 5 231 1 38 11 2.91 15 3657 Biosensors DB ECW*****3 7.5 -1
      3,029 words

  • Page 32 Advertisements
    • 1533 32 i-m. The Business Times Shipping Times service^^^^^^^^l Destination Destination STXPOTBN RTM/ANR/TIL STX PO TBN CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination PAN BLESS DBI/ABU/BRN/DOH/DMM/KWT STXPO TBN INC/BSN SI MOON SHJ/DMM/DBI Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES
      1,533 words
    • 1220 32 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r %-r—-\ i TEL *****588 (14 LINES) FAX:*****163 \AM 1 WAN HAI INpN Customer Servke/Bookings Direct line-(1800) *****200 WWf^ll I Iftl LlllLJ PKLIEL: {03) *****888 FAX: {03| *****288 PEN TEL: {04) *****00 FAX: {04)*****99 W-* JOH TEL: {07) *****23 FAX: {07)*****21 SUR TEL: {031) *****75
      1,220 words

  • Page 33 Advertisements
    • 1286 33 RICKMERS-LINIE Round-the-World Pearl String Service Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com USA Service Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I NYC I CPE Rickmers Hamburg 236 05/06 31/07 05/08 12/08 Rickmers Seoul 238 I 17/06
      1,286 words
    • 1374 33 HFiFT EASTERN CAR LINER. LTD I|y C SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmjJJJJ^^| M VQY Ramp(KT) Lilting(KT) MUA *7ifl~ PKL JKT LCB ~BTG I GOLDMENAM 85 40 122 30/05 03/06 I ENDEAVOR OAK U 60 30/05 02/06 I ESTRELLA ETERNA 167 60 31/05 02/06 07/06 18/06 I
      1,374 words
    • 772 33 t —k. )k yy WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN PKL [MB NSA [MB SCI KIRAN 01IW 20MAY 21 MAY 25 MAY 27MAY 01JIJII KOTA PAHLAWAN YPHOB4 27 MAY OMIT 01 JIJII 03 JIJII OS JIJII HOWRAH BR 0073W 03
      772 words

  • Page 34 Advertisements
    • 2581 34 FT A MnC DCCM I Tel: 65-*****907 Fax: *****917 K3 /\l >«l->C<rCOC.IN Emaihasc@asc-asia.com I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES I VESSEL I VOY Singapore Freinontle Cocos Island Christmas Island Pasir
      2,581 words
    • 205 34 fiftl GLORY NAVIGATION GROUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS I REGULAR WEEKLY SERVICES: IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE :HIAPWOON SHIPPING (S)PTE LTD 14 ROBINSON ROAD, #03-01 SINGAPORE *****5
      205 words

  • Page 35 Advertisements
    • 2905 35 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      2,905 words

  • BizlT
    • 967 36 Centre is the first one outside of US for the company, which sees Asia-Pac as a major growth region, writes AMIT ROY CHOUDHURY SALESFORCE.COM, which sells software as a service, will today announce the setting up of its data centre in Singapore, its first
      967 words
    • <what's new>
      • 95 36 INFOCUS has introduced the XSI, the company's first so-called short-throw projector. Available exclusively in Asia, the product claims to be able to reduce the distance of the projector to the screen to a ratio of 0.7:1. This is one third the distance required by standard projectors,
        95 words
      • 83 36 MOTOROLA continues to tune into the promise of digital music with its new Rokr E8 handset. With the new device, the company has incorporated its Modeshift technology to allow users to switch between music and phone functions with the press of a button. In addition, the
        83 words
      • 107 36  -  WINSTON CHAI CREATIVE has launched two new soundcards which promise to bring the sound quality of its X-Fi hardware to the desktop. The new Sound Blaster X-Fi Titanium Fatality Professional Series and Titanium Fatality Champion Series sound cards are designed to fit the PCI
        107 words
    • 753 37 Mobile operators will compete to offer better services and perks to retain existing customers and woo defectors, writes WINSTON CHAI M ITH the clock ticking down to true mobile number portability, local operators are pulling out all the stops to get a leg-up when
      753 words
    • 586 37  -  KENNETH JAMES By TWENTY-FIVE years from now, the way people get the news will be dramatically different. But news publications and their journalists, far from becoming an endangered species, will actually be more important than ever if they adapt to the evolving
      586 words
    • <what's up>
      • 91 37 SINGAPORE-BASED Innovative Nano Systems (Innanosys) claims to have developed one of the world's smallest autofocus camera lens modules. The new Innanol6B is the result of a $1.5 million research and development investment. Its offers 2x zoom and has a thickness of merely 2.9 mm. The
        91 words
      • 87 37 NAVIGATING the streets of Singapore will be made easier with the launch of a new online directory called StreetDß.com. The website is the result of a tie-up between mapping software specialist AGIS and Singapore Expats.com, a site designed to the expatriate community in Singapore. StreetDß.com will
        87 words
      • 133 37 THE Market Research Society Singapore (MRSS) will hold the Asian Research Conference 2008 from June 12 to 13 at Swissotel The Stamford. Themed "Thinking allowed unconventional approaches in a new marketing era", the conference's topics include "Learning to harness the power of social networking
        133 words
      • 108 37 MARKET research firm Frost and Sullivan will be holding its Global Shared Services and Offshoring (SSO) conference from June 5 to 6. To be held at the Grand Copthorne Waterfront, the event will examine the trends in the SSO space such as the
        108 words
      • 108 37  -  WINSTON CHAI Compiled by PHILIPS Electronics Singapore's Toa Payoh complex has been awarded the Green Mark Gold Award by the Building and Construction Authority (BCA). The facility was built in 1972 and is the oldest industrial project to be given the environment-friendly commendation. Some
        108 words
    • 145 37 Reuters [SINGAPORE] A Greenpeace report has called video game consoles a "toxic menace", saying they contain chemicals that could affect memory and sexual development. The environmental pressure group said it had tested Sony's PlayStation 3, Nintendo's Wii and Microsoft's Xbox 360 consoles and found they all
      – Reuters  -  145 words
    • 698 37  -  ONG BOON KIAT By THE arrival of Apple's iconic iPhone to Asia soon will not faze High Tech Computer (HTC) Corp, a senior executive of the Tai-wan-based smartphone maker says. Speaking with BizlT at the launch of HTC's flagship smartphone the Touch Diamond
      698 words
  • Page 36 Advertisements
    • 71 36 AVAYA WILL CHANGE THE WAY YOU CONNECT WITH CUSTOMERS. Ik I'm Daniel, head of IT for a customer R contact centre. My communications tL software identifies customers by their I phone number and connects them to the R right rep the first time. My competition aßa^aa**. m wishes they had
      71 words

  • Page 37 Advertisements
    • 203 37 I l_ Visit us during CommunkAsia2ooB. I lrrnQCtf'3 We are at booth 3C2-12 (SIN-SITF). V^yj. LA d 17th to 2Oth June 2008. VOIP Call Centre Solutions £gggfi™? Orchestra 8 VoIP Call Centre Orchestra" VoIP Call Centre consists of various Agents So ft we re modules like automated call distribution (ACD),
      203 words

  • BizIT FOCUS
    • 918 38 DATA CENTRE CONNECTIVITY Rising digital traffic makes data centre connectivity a key business concern today, writes ONG BOON KIAT HEN Singapore's new broadband network dubbed Next Generation National Broadband Network rolls out in 2010, an influx of new data centres could follow, drawn by
      FILE PHOTO  -  918 words
    • 304 38 TECHNOLOGY development centres are often known for the quality of their research and development (R&D) personnel and their innovations. Unknown to most, however, resilient, high-speed data networks are toiling silently in the background to power the intensive computing efforts and to enable the resulting
      304 words
  • Page 38 Advertisements
    • 865 38 CommScope 8 Santos Optimizes Cabling Infrastructure with Advanced SYSTIMAX® Structured Cabling Solutions from CommScope GigaSPEED® XIOD and VisiPatch® 360 Solutions combine reliability, flexibility and performance with low running costs at oil and gas company's new HQ The Australian oil and gas exploration and avoiding the traditional patch cord "spaghetti". production
      865 words
    • 8 38 This series is brought to you by CommScope
      8 words