The Business Times, 14 June 2008

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

Microfilm: NL29385
Total Pages: 20
1 20 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES SINGAPORE 85 cents aJf* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 June 14-15,2008 online at http://www.businesstimes.com.sg
    21 words
  • Article
    Lock icon Brokers get live STI data again
    498 1  -  CONRAD TAN But deal on live feed for online trading customers still pending [SINGAPORE] Local brokers yesterday started receiving live data feeds for the Straits Times Index (STI) on their dealers' trading terminals again, after nearly six months of doing without. But retail investors
    498 words
  • Article, Illustration
    Lock icon Prime condo prices heading for long, gentle decline
    858 1  -  KALPANA RASHIWALA Cushman model shows subdued market until 2012 but firm argues it's still a good time to buy [SINGAPORE] The prices of condos and private apartments in the Core Central Region (CCR) will inch downwards and are unlikely to touch their
    : Cushman SWakefield, URA Realis  -  858 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.772 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.84 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      42 1 :ri lam 1 COMP 1,229.35 +3.81 IIKKEI225 13,973.73 +85.13 1ANG SENG 22,592.30 -431.56 ;et index 782.64 -8.16 JAKARTA COMP 2,398.42 -10.59 1ANILA COMP 2,554.75 +9.86 ;eoulcomp 1,747.35 +7.99 ;henzhenb 506.90 -7.98 IUMBAI IND 15,189.62 -60.58 12NOON EDT Cham )OW 12,251.74 +110.16
      42 words
    • Article
      Lock icon FOREX
      43 1 us$ S$ US$ (S$ per US$) 1.378 (US$/S$ per 1.944 2.679 EURO (US$/S$/E) 1.539 2.121 'EN 108.10 78.40 RM 3.275 2.376 HK$ 7.813 5.669 BAHT 33.16 24.06 RUPIAH 9,319 6,762 RENMINBI 6.904 5.010 INDIAN RUPEE 42.87 31.11 1.067 0.774 NZ$ 1.334 0.968
      43 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      55 1 sdfsdf Father of the Internet Meet Vint Cerf, an industry legend whose pioneering work helped make the Internet possible. Dr Cerf, now Google vice-president and Chief Internet Evangelist, brings a first-hand intimacy to the fascinating story of the birth of the Internet, and discusses the Net's impact on business. I
      55 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Soh starts legal action against Opes, Merrill
      618 2  -  CHEW XIANG By [SINGAPORE] Anthony Soh, currently being investigated by the Commercial Affairs Department after a botched takeover for Catal-ist-listed Jade Technologies, has hit back by filing a claim in Australia against failed broking house Opes Prime and Merrill Lynch for the return
      618 words
    • Article, Illustration
      Lock icon Back to the future: Size matters to long-term success
      732 2  -  ANNA TEO Scale begets acquisition power, which is the new competitive edge [SINGAPORE] More than two decades after its first boom in the early 1980s, Rubik's Cube appears to be back, with a new era of youngsters twisting away towards coloured
      732 words
    • Article
      Lock icon May CPI rises on fuel spike; core prices stay in line
      471 2 Reuters, Bloomberg [WASHINGTON] Soaring gasoline prices helped drive up overall US consumer prices during May by the fastest rate in six months, but core prices remained tame, a government report yesterday showed. The 0.6 per cent rise in May
      Reuters, Bloomberg  -  471 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Dayen chairman sells shares as price slumps
        103 2 WATER-TREATMENT company Dayen Environmental executive chairman John Lee sold 2.86 million shares in the company to meet margin calls this week the same week its share price crashed more than 30 per cent in one day. Mr Lee told BT that he bought
        103 words
      • Article
        Lock icon Pokka Corp making offer to take S'pore unit private
        74 2 JAPAN'S Pokka Corporation has announced its intention to acquire the remaining 27.17 per cent stake in Pokka Corporation Singapore (PCSL) that it does not already own at 66 cents a share. The move to take the Singapore-listed company private values it
        74 words
      • Article
        Lock icon Beyonics' Q3 profit drops by almost half
        74 2 BEYONICS Technology reported a net profit of $3.2 million for its third quarter ended April 30 a drop of more than 48 per cent from the $6.2 million a year earlier despite revenue more than doubling from $213.5 million to $462.3 million. Beyonics
        74 words
      • Article
        Lock icon Fuel prices force Jett8 Airlines to consolidate ops
        75 2 FACED with soaring fuel prices, privately owned JettB Airlines Cargo is consolidating operations and routes. Singapore's only privately owned cargo carrier yesterday confirmed that it was pulling the plug on a key European service which is being served by its ageing Boeing
        75 words
      • Article
        Lock icon Khazanah makes RM7.8b gain from equity sales
        86 2 KHAZANAH Nasional has reported a holding period return (HPR) of 131 per cent on its equity portfolio, after locking in gains from early investments over the last four fiscal years and being a "significant net seller" in the 12 months ended May. And
        86 words
      • Article
        Lock icon China, Taiwan sign deal on direct flights
        72 2 CHINA and Taiwan signed an agreement yesterday to begin direct weekend charter flights and allow mainland tourists to the island, after completing their first official talks since 1999. Shares of Taiwanese airlines gained. Flights and the first tour groups to Taiwan will begin
        72 words
      • Article
        Lock icon Concern over women leaders raised after Lehman ousts CFO
        77 2 LEHMAN Brothers' ousting of its female chief financial officer, who had been the most powerful woman on Wall Street, has exacerbated concerns about why so few women survive in the financial world's executive suites. Erin Callan, once considered a contender for
        77 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      968 2 JACKSPEED CORPORATION LIMITED Registration No: *****0300W (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be heU at 47, Loyang Drive, Singapore *****5 on Monday, 30 June 2008 atlftOO a.m.to transact the following businesses: ORDINARY BUSINESS: 1. To receive and consider tie Orate'Ftefßrt
      968 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      26 2 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES Hii
      26 words
  • Page 2 Miscellaneous
Page thumbnail Page 3
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Father of the Internet
      1512 3 Vint Cerf, responsible for creating the basis of the greatest technological and social phenomenon of our time, tells KENNETH JAMES how he also helped to make commercial Internet become a reality HE is credited with creating the foundations of arguably the greatest technological and social phenomenon
      1,512 words
    • Article
      Lock icon Openness and the birth of the Net
      962 3  -  KENNETH JAMES By IT'S a well-known fact that the global phenomenon we call the Internet started life as a US military project. All the more remarkable, then, that the Net is, by design, open. For Internet pioneer Vinton Cerf, this open architecture reflects
      962 words
    • Article
      Lock icon Raffles
      97 3 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      97 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Dayen chairman sells shares as price slumps
      500 4  -  CHEW XIANG He sold 2.86 m shares over three days this week to meet margin calls WATER-TREATMENT company Dayen Environmental's executive chairman John Lee sold 2.86 million shares in the company to meet margin calls this week the same week its share price
      500 words
    • Article, Illustration
      Lock icon Dry bulk shippers sink on Baltic Index plunge
      458 4  -  VINCENT WEE In troubled waters SHARES of dry bulk shippers were in troubled waters yesterday as the benchmark Baltic Dry Index (BDI) suffered its biggest one-day drop of 8.7 per cent to 10,142 points overnight. Among those that fell in heavy volumes
      : Bloomberg  -  458 words
    • Article
      Lock icon Pokka Corp making offer to take S'pore unit private
      383 4  -  OH BOON PING By JAPAN'S Pokka Corporation has announced its intention to acquire the remaining 27.17 per cent stake in Pokka Corporation Singapore (PCSL) that it does not already own at 66 cents a share. The move to take the Singapore-listed
      383 words
    • Article
      Lock icon Van der Horst unit in biodiesel marketing deal
      246 4  -  VINCENT WEE By VAN der Horst Energy has made further headway in its biodiesel venture, announcing yesterday that its wholly owned subsidiary Van der Horst Biodiesel (VDHB) has entered into a non-binding agreement with Integra Marketing to off-take and market 80 per
      246 words
    • Article, Illustration
      Lock icon STI ends below 3,000 as inflation fears linger
      501 4  -  CONRAD TAN STOCKS STOCKS here fell yesterday for the fourth time this week, as worries over inflation continued unabated amid stubbornly high oil prices and fears that central banks in Asia may be acting too slowly to prevent an inflationary wage-price spiral
      501 words
    • Article
      Lock icon Beyonics' Q3 profit drops by almost half
      384 5  -  NISHA RAMCHANDANI This was despite revenue more than doubling from $213.5mt*****.3m BEYONICS Technology reported a net profit of $3.2 million for its third quarter ended April 30 a drop of more than 48 per cent from the $6.2 million a year earlier despite
      384 words
    • Article, Illustration
      Lock icon Low Keng Huat posts 78% rise in Q1 profit to $4.88m
      342 5  -  OH BOON PING By PROPERTY firm Low Keng Huat (Singapore) yesterday reported a 78 per cent rise in Ql net profit to $4.88 million, even though revenue slipped 7 per cent to $26.79 million. The firm was helped by
      342 words
    • Article
      Lock icon SingTel, StarHub, M1 offer promotions after rule change
      230 5 Bloomberg SINGAPORE Telecommunications, Star Hub and Mobile One stepped up promotions to lure customers after a rule change allowed mo-bile-phone users to switch wireless carriers without altering their phone numbers. Starting yesterday, Sing Tel, as the industry leader is known, is offering
      Bloomberg  -  230 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8291 5 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.175/ AIGIF S'pore Bond Fund/A 1.316/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.99/ APS Alpha Fund (USD) 0.72/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9679/ APS Komaba Global
      8,291 words
    • Article, Illustration
      Lock icon CapitaLand looking for distressed assets
      668 7 Bloomberg It is on the lookout in Japan, China to help its expansion in these markets [SINGAPORE] Capitaland Ltd, South-east Asia's biggest developer, is looking for distressed assets in Japan and China to help its expansion in the two markets, chief executive officer Liew Mun
      Bloomberg  -  668 words
    • Article
      Lock icon MacarthurCook sells 13% stake for A$4m
      306 7  -  JAMIE LEE By AUSTRALIAN property asset management firm and takeover target MacarthurCook said yesterday it has sold a 13 per cent stake to lOOF Holdings, an Australian wealth management business, for about As 4 million (555.2 million). This follows a As3l million takeover offer
      306 words
    • Article
      Lock icon Guthrie gets 14% stake in Shenyang Logistics
      229 7 GUTHRIE GTS said it has acquired a 14 per cent stake in China-based Shenyang Logistics in the form of equity and shareholders loans for $5.98 million. Shenyang Logistics, a joint-venture company between GIC Real Estate and Shenzhen-listed Super Shine, was set up to
      229 words
    • COMPANY BRIEFS
      • Article
        Lock icon Jade appoints two company secretaries
        32 7 JADE Technologies Holdings has appointed Lo Swee Oi and Tan Ching Chek as company secretaries in place of Vera Lim Goon Lwee with effect from June 13.
        32 words
      • Article
        Lock icon SP AusNet completes sterling bond issue
        76 7 SP AusNet has completed the £250 million (*****.7 million) 10-year sterling bond issue which raised A 5535 million (*****.7 million). The proceeds will be used to refinance As32o million of existing Medium Term Notes which were due to expire in November. The remaining amount
        76 words
      • Article
        Lock icon Hyflux names Peggy Lim to new position
        57 7 HYFLUX has appointed Peggy Lim to the newly created role of Head, Compliance and Secretariat, with effect from June 12. Ms Lim reports to group CEO and president Olivia Lum and the board of directors. She will oversee matters relating to regulatory compliances,
        57 words
    • Article
      Lock icon BURSA MALAYSIA
      2200 7 lun 13 RM cooo] ASM Realty 0.60 \bric Bhd 0.16 advance Synergy 0.11 Adventa Bhd 1.19 Ae Multi Hldgs 0.24 Win Holdings 1.96 Ahmad Zaki Resou 0.80 AicCorp 0.52 Airasia Bhd 0.88 Akn Technology 0.45 Alliance Financi 2.82 Aluminium Co 1.03 Amalgamated Ind 0.54 tamb Hldgs Bhd 3.50
      2,200 words
    • Article
      Lock icon Parkway wins SEA market leader award
      240 7  -  JAMIE LEE By PARKWAY Health yesterday emerged as the top private hospital in South-east Asia by market penetration and leadership at the annual healthcare award ceremony organised by research company Frost Sullivan. The healthcare company, which runs 15 hospitals including Gleneagles and Mouth Elizabeth
      240 words
    • Article
      Lock icon Star Cruises' project update
      248 7  -  JOYCE HOOI By STAR Cruises will put down a US$lOO million deposit to extend the exclusivity period of its agreement with Alliance Global Group to July 31 this year. In early April, Star Cruises, a unit of Malaysian casino operator Genting Bhd, entered into an agreement
      248 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      154 4 ZAP UJ for daily inspirational quotes Brought to you by Ermenegildo Zegna Hear from established business gurus like Donald Trump, Warren Buffett, Richard Branson and the likes, and stay at the forefront of the business arena. Win a pair of Ermenegildo Zegna Sunglasses worth $600! To Zap: 1) Download Color
      154 words
Page thumbnail Page 5
Page thumbnail Page 6
  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      936 6 KeppelLand June 13 close: $5.12 CIMB-GK RESEARCH, June 13 WITH 20 million square feet (sq ft) gross floor area (GFA) of land bank in Vietnam, the country makes up 24 per cent of Keppel Land's (KepLand) gross RNAV. KepLand's share price has been hurt by fears of a
      Bloomberg  -  936 words
    • Article, Illustration
      Lock icon How to make the most of a recession
      1484 6  -  TEH HOOI LING SHOW ME THE MONEY ACCORDING to consulting firm McKinsey, almost 40 per cent of leading US industrial companies toppled from the first quartile of their sectors during the 2000-01 recession. A third of leading US banks met the same
      STOCKXPERT  -  1,484 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1004 6 For week beginning Jun 9 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ SHAREHOLDING Before After COOO) COOO) itock StarHub 13-Jun-08 Steven Terrell Clontz Buy 150 2.68 6657 0.39 6807 0.40 Viz Branz 13-Jun-08 Tan Kok Hiang Buy 101
      1,004 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      25 7 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sphxom.sg. 3
      25 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      1277 7 ZAGRO ASIA LIMITED (Company Registration Number: *****6784 D] [Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Zagro Asia Limited (the "Company") will be held on Bth July 2008 at 11.00 a.m. at Zagro Global Hub, 5 Woodlands
      1,277 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article
      Lock icon Fuel prices force Jett8 Airlines to consolidate ops
      408 8  -  YEN SREENIVASAN It pulls the plug on key Europe service, but starts another twice-weekly route FACED with soaring fuel prices, privately owned JettB Airlines Cargo is consolidating operations and routes. Singapore's only privately owned cargo carrier yesterday confirmed that it was pulling
      408 words
    • Article
      Lock icon April retail sales index up 7.5% from a year ago
      314 8  -  NISHA RAMCHANDANI By SINGAPORE'S retail sales index rose 7.5 per cent year on year in April 2008, with vehicle sales rising 7.1 per cent, according to the Department of Statistics (DOS). Excluding vehicles, sales rose 7.7 per cent. Total retail
      314 words
    • Article
      Lock icon Tullett Prebon plans Islamic Capital Markets desk here
      278 8  -  LAN POH By THE Asia-Pacific arm of broking firm Tullett Prebon yesterday announced its intention to launch an Islamic Capital Markets desk in Singapore. This comes in the light of the Monetary Authority of Singapore's recent announcement of directives on the issuing
      278 words
    • Article
      Lock icon Biomed research clusters can be a 'risky proposition'
      405 8  -  CHEW XIANG Hard to predict which market will be profitable: Prof BIOMEDICAL research clusters, such as Singapore's Biopolis, are a "somewhat risky proposition", according to a World Bank expert on innovation. Speaking at a seminar at the Institute of South-east Asian Studies
      405 words
    • Article, Illustration
      Lock icon World-wide run
      294 8  -  ARTHUR LEE By SINGAPORE is the only South-east Asian country to have been selected to join 23 other cities around the globe to host the world's biggest one-day running event the Nike+Human Race 10k. Organised by sports equipment maker Nike, the event is expected to involve about one
      ARTHUR LEE  -  294 words
    • Article
      Lock icon 1997-1998 VS 2007-08 Median prices of developers' sales of condos
      370 8 Apr'97 709 481 666 712 785 590 876 605 May'97 690 601 654 711 711 614 870 640 618 Jun'97 680 537 636 774 658 754 621 593 555 Jul'97 670 834 632 692 757 740 897 596 590 607
      370 words
    • Article
      Lock icon Berita Harian financial planning conference
      182 8 REGISTRATION is open for this year's Berita Harian Financial Planning Conference, on July 20 at the Raffles City Convention Hall. With a theme of "plan early, retire comfortably", the conference, organised by Berita Harian and sponsored by Maybank, will look at topics relating to financial
      182 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      376 8 THE COMPANIES ACT, CAP.SOAND IN THE MATTER OF UNIWELD PTE. LTD. CO REG NO: *****0066 D MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of Uniweld Pte. Ltd. convened and held at 40 Mactaggart Road Singapore *****5 on 9th June 2008, the following resolutions were duly passed RESOLVED: AS
      376 words
Page thumbnail Page 9
  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon Familiar classics and then some
      367 9 Festival Fantasia celebrates the anniversaries of Sarasate, Rimsky-Korsakov, Puccini, Vaughan Williams and MacDowell, reports CHRISTOPHER LIM XPERIMENTAL performances are great for pushing boundaries and broadening tastes, and we'll be getting a hefty dose of that next weekend with the London Sinfonietta, particularly on Friday. But
      367 words
    • Article
      Lock icon More opportunities for local artistes to show at EIF
      352 9  -  CHARMIAN KOK By NEW opportunities for artistic exchange between the Singapore Arts Festival (SAF) and the Edinburgh International Festival (EIF) will be available through a strategic alliance forged between both festivals a year ago. Local artists and groups will have greater
      352 words
    • Article, Illustration
      Lock icon If people turned into rhinoceroses, would you choose to also?
      560 9  -  LIM WEN JUIN By NOT unreasonably, absurdist plays are often dismissed as indulgent and needlessly incomprehensible. What a pleasant surprise, then, to find that Full Frontal's adaptation of Eugene lonesco's Rhinoceros was not just accessible, but also a lot of
      NATIONAL ARTS COUNCIL  -  560 words
    • Article, Illustration
      Lock icon More of an open-air performance than an indoor theatre show
      633 9  -  BEN MUNROE By SMALL Metal Objects by Back to Back Theatre is a performance that defies most of the conventions you expect on hearing the word "theatre". First of all, it does not take place in a theatre but a
      633 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      30 9 Starting 9 June 2008 every Monday to Friday 6AM to 10AM Find of the day: 5 out of 10 illiterate 1958 ttmuf j^&^M&» One day at a time. rednano.sg MNMWioniJttM^fe
      30 words
Page thumbnail Page 10
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Khazanah makes RM7.8b gain from equity sales
      470 10  -  PAULINE NG Move to pare holdings in past year cuts portfolio size to RM53b in Kuala Lumpur KHAZANAH Nasional has reported a holding period return (HPR) of 131 per cent on its equity portfolio, after locking in gains from early investments over the
      470 words
    • Article
      Lock icon Indosat sale to Qatar Telecom 'lawful'
      162 10 Bloomberg [JAKARTA] Qatar Telecom QSC's 552.4 billion purchase of a stake in PT Indosat is "lawful", said Indonesia's vice-president Jusuf Kalla, after the nation's anti-monopo-ly body said the sale violates its rules. The deal meets key demand by the nation's anti-monopoly watchdog, Mr Kalla
      Bloomberg  -  162 words
    • Article, Illustration
      Lock icon Abdullah agrees on power handover to deputy
      241 10 AP [KUALA LUMPUR] Malaysia's leader announced yesterday that he has struck a deal on when to hand power to his deputy, as pressure for him to resign intensified from public anger over rising fuel prices. Prime Minister Abdullah Ahmad Badawi refused to reveal
      AP; Reuters  -  241 words
    • Article
      Lock icon SGX MAINBOARD
      8676 10 Transaction date: Jun 13 !-wks Tel Low Code Last Sale Vol ('000) Hi I lay Low Bi .as1 Quote Seller Div C'vr Net P/E I Cap Smil C01 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12
      8,676 words
Page thumbnail Page 11
  • INDONESIA
    • Article, Illustration
      Lock icon Australia, Indonesia boost security, climate ties
      467 11 Leaders of both countries ink treaty to tackle deforestation emissions [JAKARTA] Australian Prime Minister Kevin Rudd met Indonesia's president yesterday to discuss the environment and further improving security cooperation that has helped smooth ties with Canberra's populous developing neighbour. President Susilo Bambang Yudhoyono and
      REUTERS  -  467 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        62 11 VOLUME Chasen 492,696,000 China Honqxinq 48,919,000 Oceanus 48,134,000 ChinaTaisan 39,690,000 Golden Agri 38,81 5,000 DBS DB eCWOBIOI3 25,435,000 DBS MBL eCWOBO9O9 22,100,000 Abterra 19,753,000 Sing Tel 19,290,000 Noble Grp 17,524,000 Clob VALUE DBS Grp 91,513,443 Keppel Corp 74,530,920 Sing Tel 69,858,110 UOB 55,406,220 Capita Land 52,100,280 Wilmar
        62 words
      • Article
        Lock icon RISES
        103 11 CLOSE UP SPC 654 21.0 3.3 Straits Trdi 750 21.0 2.9 India Nift' 10 1448 12.0 o.; Kei i Con MBLJCW*****0 354 10.0 2.9 OCBCBk4.5%NCPS 100 ***** 10.0 0.1 Cai iitalanBNPePW***** 33 7.5 29.. Cai iitalanMBLePW***** 30.5 7.5 32.' Tri-M 87.5 7.5 9.4 UIC 297 7.0 2.4 SaizenREIT 77
        103 words
      • Article
        Lock icon FALLS
        117 11 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN JMH 2970-110.2 -2.6 China H 10US$ 1553 -74.4 -3.. DBS Bk6% NCPS 10 ***** -50.0 -0.5 STXPO KW100 273 -29.0 -9.6 GLD 10US$ 8585 -28.9 -0.2 DBS Gr| 1906 -28.0 -1.4 UOB 1888 -28.0 -1.5
        117 words
      • Article
        Lock icon BONDS & WARRANTS
        1266 11 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left ArianeCorp Ltd W*****9 0.5 -0.5 200 1 5 18 4267 Biosensors DB ECW*****5 16.5 -1.5 10 1 70 3 4015 Capitaland BNP ECW*****2 17 -1.5 21 0.1 593 19
        1,266 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        94 11 Up Down Unch 6 5 6 Up Down Unch 0 0 0 Up Down Unch 6 5 6 Multi Ind Manufacturini 32 90 54 13 13 36 103 67 Commerce 11 31 15 13 39 21 itor/ lomms Finance 21 22 Construction 11 12 11 '121 Hotels/Rsts
        94 words
      • Article
        Lock icon SECURITIES TRADING TURNOVER
        120 11 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 14.905 14.905 105.049 105.049 Manufacturing 250.469 26.599 277.068 237.798 3.041 240.839 Commerce 58.223 49.703 107.926 87.618 17.747 105.364 )t/Stor/Comms 87.134 5.859 92.993 219.968 2.265 222.233 Finance 24.338 29 24.367 225.279 225.285 Construction 22.885 18.982 41.867 7.447 689 136 Pro|
        120 words
      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        41 11 Stock name Close Change CapitaLand 5.800 -0.050 .api fev" .osco .orp mp Jerri Ian fine" Fppel .orp mp Stock name Close Change Olam 2.440 -0.090 ■ngg ■ngg Jeml .orp Jeml raT >mg leverage imar 'angzijiang 'affl Tor
        41 words
      • Article
        Lock icon SGX CATALIST
        2177 11 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 offer
        2,177 words
      • Article
        Lock icon SGX XTRANET
        81 11 52-Wk Tel High Low Code Last Sale Vol ('000) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com _H|< 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
        81 words
      • Article
        Lock icon CLOB INTERNATIONAL
        78 11 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an< Hii 136.6 60 6000 AVJennings 21.5 4 6134 Over&Gen 60.5 17.5 6017 StarCruises 320 199 6019 TanChonglnt A60.5 A8 US20.5 HK233 +4 -0.5
        78 words
Page thumbnail Page 12
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China, Taiwan sign deal on direct flights
      494 12 Bloomberg, AP More China tourists may boost island's economic growth to 5% this year [TAIPEI] China and Taiwan signed an agreement yesterday to begin direct weekend charter flights and allow mainland tourists to the island, after completing their first official talks since 1999.
      Bloomberg, AP; REUTERS  -  494 words
    • Article
      Lock icon HK mulls poultry cull to stem spread of H5N1 virus
      506 12  -  JANE MOIR By in Hong Kong HONG KONG'S health chiefs are mulling a poultry cull to contain a fresh outbreak of the deadly HSNI virus in the city. Policy-makers are exploring options to stem the spread of the virus among
      506 words
    • Article, Illustration
      Lock icon Ranbaxy deal may spark buyout of more Indian firms
      643 12 -Reuters Deal to give Daiichi operations in 60 nations from 21 now [MUMBAI] Daiichi Sankyo's US$4.6 billion bid for control of India's Ranbaxy Laboratories Ltd could be the trigger for foreign pharmaceutical companies to step up the hunt for low-cost Indian
      -Reuters; AFP  -  643 words
    • Article
      Lock icon Pfizer may bid for 65% stake in Ranbaxy: paper
      176 12 Bloomberg [MUMBAI] Pfizer Inc, the world's largest drugmaker, may bid for the 65 per cent stake in Ranbaxy Laboratories Ltd not held by the founding family, the Business Standard said, citing people familiar with the matter. Daiichi Sankyo Co of Japan
      Bloomberg  -  176 words
    • Article
      Lock icon Merchants Bank to pay HK$19.3b for Wing Lung stake
      342 12 Bloomberg [SHANGHAI] China Merchants Bank Co, the country's most profitable lender, agreed to pay HK$l9.3 billion (553.4 billion) in cash for control of Hong Kong's Wing Lung Bank Ltd in the city's biggest banking acquisition in seven years. Merchants Bank will
      Bloomberg  -  342 words
    • Article
      Lock icon China SWF to avoid investment in nations wielding pressure
      408 12 Bloomberg [BEIJING] China Investment Corp (CIC), the nation's US$2OO billion sovereign wealth fund (SWF), will walk away from potential investments in countries that have voiced "too much" concern about the influence of such funds, an official said. "ClC's worse off than
      – Bloomberg  -  408 words
    • Article
      Lock icon Inflation in India hits 7-year high at end-May
      448 12 Reuters [NEW DELHI] Indian inflation raced to its highest in seven years at the end of May and could top 10 per cent this month as higher fuel prices feed in, stoking speculation of more central bank tightening after this week's rate
      Reuters  -  448 words
Page thumbnail Page 13
  • WORLD
    • Article
      Lock icon Concern over women leaders raised after Lehman ousts CFO
      732 13 Reuters Erin Callan demoted as investment bank deals with damage from credit crisis [BOSTON] Lehman Brothers' ousting of its female chief financial officer, who had been the most powerful woman on Wall Street, exacerbated concerns about why so few women survive
      Reuters  -  732 words
    • Article, Illustration
      Lock icon London's Bond Street sees sales rising
      740 13 Reuters [LONDON] Well before the store opens, a win-dow-cleaning van arrives every morning to ensure gleaming windows set off the sparkle of diamonds. A pair of burly guards, in black suits and earpieces, take their places. Britain's retail summer may be set for a
      Reuters; REUTERS  -  740 words
    • Article
      Lock icon Bankers, data raise inflation alarm
      460 13 Reuters [NEW YORK] Central bankers sounded the inflation alarm again on Thursday and data from around the globe attested to their fears that the psychology of rapid price growth was spreading through the world economy. Inflation expectations hit a record high in Britain in May
      Reuters  -  460 words
    • Article
      Lock icon Latest US Fed rhetoric points to rising rates
      653 13 Reuters [WASHINGTON] Just six weeks ago, the US Federal Reserve was in interest rate-cutting mode. Now, Fed officials have hauled out rhetoric that suggests rates could rise within a few months. The US central bank's sudden shift to more aggressive anti-inflation language
      – Reuters  -  653 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      26 13 Lianhe Zaobao Tencent's on me chat tool yl^ comes in handy in I 1 Sichuan quake relief efforts yj|ii#y)Miill!l:tilAi.m ST U I fyt tkt vtytt stuffwww.snoi.coN
      26 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      73 13 BE THE FIRST TOKNOW Breaking 1 news smsniert/ Monthly Subscription Rate English SMS Alert Business Finance News @$5.35/mth Singapore News @$4.28/mth World News @$4.28/mth Chinese SMS Alert Chinese News @$4.28/mth •Soccer Info/News @$5.35/mth Dial #155 to sign up now and enjoy the first 30 days' subscription FREE! Service exclusive to
      73 words
Page thumbnail Page 14
  • ASIA-PACIFIC\WORLD
    • Article, Illustration
      Lock icon Yahoo and Google see new model in ad partnership
      711 14 Reuters The tie-up between the two arch-rivals could expand over time [NEW YORK/SAN FRANCISCO] Yahoo Inc and Microsoft Corp on Thursday ended talks as the Web pioneer agreed to let arch-rival Google Inc sell search ads on its site, the companies
      Reuters; AFP  -  711 words
    • Article
      Lock icon Embattled UBS wraps up bumper rights issue
      344 14 Reuters [FRANKFURT] ÜBS has wrapped up a 16 billion Swiss franc (5521.1 billion) rights issue, the Swiss bank's second effort to resuscitate finances ravaged by the global markets crisis. It is the latest in a line of major banks including Britain's Royal Bank
      Reuters  -  344 words
    • Article
      Lock icon G-8 finance leaders push for new climate fund
      481 14  -  ANTHONY ROWLEY It's to help emerging economies make costly green switch WORLD financial leaders yesterday agreed on the basic framework for creating a Climate Investment Fund (CIF) to help emerging nations such as China and India make the costly transition to using
      481 words
    • Article
      Lock icon Ireland rejects Lisbon treaty in blow for EU
      619 14 Reuters [DUBLIN] Irish voters have rejected the European Union's Lisbon treaty, putting plans to overhaul the bloc's institutions in peril and humiliating Ireland's political leaders. Justice Minister Dermot Ahem conceded the vote shortly after midday yesterday as tallies from around the country
      Reuters  -  619 words
    • Article
      Lock icon US/UK oil trade rules may signal more to come
      386 14 Reuters [NEW YORK] A transatlantic deal in the works to cap speculation in London oil futures trading is a baby step towards wider market oversight and should not initially slow the flood of money into commodities. For hedge funds and other
      Reuters  -  386 words
    • Article
      Lock icon As banks shun loans, hedge funds move in
      694 14 NYT [CONNECTICUT] Companies traditionally get loans from banks, but with so many lenders stretched and with credit so tight these days, businesses are turning to what might seem like an unlikely source for cash: hedge funds. As banks retrench, hedge funds increasingly
      NYT  -  694 words
    • Article
      Lock icon Thailand drops new foreign business rules: minister
      232 14 Reuters [BANGKOK] All revisions to Thailand's Foreign Business Act (FBA), which would have brought tighter rules for outside investors, have been scrapped, Commerce Minister Mingkwan Sangsuwan said yesterday. "Why close the door to foreign investment? That's why I don't bring it back," he
      Reuters  -  232 words
Page thumbnail Page 15
  • MOTORING
    • Article, Illustration
      Lock icon A cool Cat with great style
      649 15 The Jaguar XF is the British marque's most avant-garde model. The car's most significant feature is its sublime ride quality, says SAMUEL EE ANYONE who is familiar with the classic Jaguar dashboard and its traditional expanse of wood veneer will be in for a
      649 words
    • Article, Illustration
      Lock icon Grown-up GTI
      553 15  -  SAMUEL EE By IF you've always lusted after a Volkswagen Golf GTI but never quite saw yourself driving a hatchback, there's hope yet the GTI is now available as a notchback. Called the Jetta GLI, it is actuaUy a Golf GTI with a boot and part of Volkswagen
      553 words
    • Article, Illustration
      Lock icon Diesel power performer that's the first of its kind
      544 15  -  CV CHEW By AUDI has long been synonymous with fast diesels. The premium German brand is gunning for a third consecutive win this weekend with its RIO turbo race car, which made history in 2006 when it became the first diesel-powered
      544 words
Page thumbnail Page 16
  • GOLF
    • Article, Illustration
      Lock icon Filipino is Asia's best at US Open
      1384 16 Flying the flag for the Asian Tour this year, aside from honorary member Vijay Singh, is just one player, Artemio Murakami. JUSTINE MOSS reports THIS weekend may well see more channel surfing than usual in sports fans' living rooms, what with the Euro
      REUTERS; AP; AFP  -  1,384 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      714 16 wine&dine with weekendßT Chatterbox Lunch and Dinner Buffet menus, from fresh seafood, unforgettable dinner at Legends Garden as Chef Fok Sausages with Emmentaler Cheese Cupcake, Thyme and ■t c- soups, enticing local and international dishes, unique Yun re-ignites the glory of time-honoured dishes. Some Camembert Cheese Cupcake and more. For
      714 words
Page thumbnail Page 17
  • WELLNESS
    • Article, Illustration
      Lock icon Loud notes that spell trouble
      905 17 Noise-induced hearing loss is an increasingly prevalent disorder, especially among the young. MELISSA HENG checks out the risk factors and the limited treatment options available HEADPHONE users beware if the person next to you on the MRT can hear the beat of your music, you're
      JOHN HENG  -  905 words
    • Article, Illustration
      Lock icon Sleep apnea linked with memory loss
      538 17 -NYT [NEW YORK] The part of the brain that stores memory appears to shrink in people with sleep apnea, adding further evidence that the sleep and breathing disorder is a serious health threat. The findings, from brain scan studies conducted by researchers at the
      -NYT; FILE PHOTO  -  538 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      277 17 CRYPTIC CROSSWORD ACROSS 6 Starts to irritate, then cause 1 Active left in shifty ends (6) harm (4) 4 Public house (8) 7 Bit rushed? (6) 9 Jolly travel on river (6) g Musters up English honour 10 Head case on cocaine, can- (6) nabls(B) 11 Pose I stand in,
      277 words
Page thumbnail Page 18
  • SHOPPING
    • Article, Illustration
      Lock icon Dressing hotels and homes
      1040 18 Missoni co-founder tells CLARISSA TAN about her transition from fashion to furnishings and designing Missoni-branded hotels worldwide OSITA Missoni, co-founder of the Italian fashion house Missoni, is enthusing about Ayer's Rock. "I've just been back from there," she says. "It's superbe, superbe. Uluru is beautiful. The
      1,040 words
    • Article, Illustration
      Lock icon From souvenir shop to luxury-brands store
      527 18  -  CHEAH UI-HOON By IF you needed to get a speedy souvenir for a friend visiting from abroad, the first shop to pop into your head might be DFS Galleria. But now, with the wide selection and good positioning of branded boutique galleries there, DFS
      527 words
Page thumbnail Page 19
  • PERSONAL SPACE
    • Article, Illustration
      Lock icon Jving among birds, trees and durians
      1108 19 It was love at first sight for David Ng when he decided to buy a house next to a garden in 2007. He and his wife Jolene have since given it a complete contemporary makeover, writes CHEAH UI-HOON T was the nice big garden
      JOHN HENG  -  1,108 words
Page thumbnail Page 20
  • The Business Times weekend
    • Article, Illustration
      Lock icon Venturing into F&B biz
      897 20  -  JAIME EE One used to sell jewellery, one worked in PR and another is in spa and beauty services. But one thing they have in common is the restaurant business. BT Weekend looks at how they're adding to the buzz in the dining scene At the
      JOHN HENG  -  897 words
    • Article, Illustration
      Lock icon Shining light of Bukit Timah
      606 20  -  JAIME EE WHEN Jaime Tan laid eyes on Kursaal Palace overlooking the sea in San Sebastian, Spain, she knew immediately that she wanted her own restaurant to look like that. "It looked like a lantern, like a kind of beacon drawing people to it," says
      JOHN HENG  -  606 words
    • Article, Illustration
      Lock icon Fine dining without the snobbery
      673 20  -  CHEAH UI-HOON YNTHIA Chua, founder of the Spa Esprit Group, made her name with spa and beauty services, but it looks like she can add "F&B entrepreneur" to her resume now. Her first food venture was the Barracks restaurant at her Dempsey Village wellness getaway,
      673 words
  • Page 20 Miscellaneous