The Business Times, 14 November 2008

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

Microfilm: NL29538
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg •■f* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, November 14,2008
    20 words
  • Article
    Lock icon Fear grips Wall St as Treasury changes tack
    745 1  -  ANDREW MARKS US government abandons original bailout plan to leave investors baffled, markets battered THE bear tightened its grip to choking point on Wall Street on Wednesday, sending major stockmarket indexes tumbling more than 4 per cent as the US Treasury Department
    745 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONGKONG 5.00 INDONESIA 16.511 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 3.00 US 4.00 CANADA 4.00 SWITZERLAND 2.28 INDIA 13.00 Source:
      Bloomberg  -  28 words
    • Article
      Lock icon MARKETS
      45 1 lursi iam ICOMP 880.59 -9.75 IIKKEI 225 8,238.64 -456.87 IANG SENG 13,221.35 -717.74 ;et INDEX 433.47 -2.23 JAKARTA COM P 1,259.71 -66.91 IANILACOMP 1,918.97 -29.75 ;eoulcomp 1,088.44 -35.42 ;henzhen B 248.54 +4.65 IUMBAI IND Closed 11AM EST Cham )OW 8,301.21 +18.55 IASDAQ 1,495.10 -4.11
      45 words
    • Article
      Lock icon FOREX
      45 1 IS$ (S$ ler US$) 1.516 (US$/S$ per 1.485 2.251 ;UR0 (US$/S$/E) 1.241 1.881 Foreign currency per US$ S$ 'EN 95.60 63.10 3.598 2.374 IK$ 7.750 5.113 !AHT 35.02 23.10 lUPIAH 11,913 7,860 1ENMINBI 6.832 4.507 INDIAN RUPEE 48.80 32.20 1.557 1.027 IZ$ 1.787 1.179
      45 words
  • Article, Illustration
    Lock icon River Valley condo Luma relaunches with prices halved
    424 1  -  siow li sen Units going for $1,450 psf, down from $2,800 psf at launch last year [SINGAPORE] The big property sale has begun although, in this case, it could reflect the situation of the developer rather than the state of the market.
    JOSEPH NAIR  -  424 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      92 1 PRE-BUDGET PROPERTY BOOKS ANALYSIS DIALOGUE CDL defers South >lwSft*A HL > ii^B Voices of When central bankers Renewed plea for Beach construction mj^Sfir^ v^? J&mkr debut novelists got it all wi*oiig lower GST page 2 page 3 WHj^^ W PAGE 27 PAGEI9 9 Everyone's going to be more cost and
      92 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon GST gets an airing at pre-Budget dialogue
      525 2  -  LEE U-WEN Amy Khor: February Budget will be all-inclusive to help business, individuals [SINGAPORE] Following the government's recent call to Singaporeans to help boost the economy by spending if they can afford it, a renewed plea has been made for a cut in
      525 words
    • Article, Illustration
      Lock icon Senior UBS exec indicted in US tax probe
      547 2 -AP, I NYT He stands accused of helping clients hide assets [MIAMI] A senior executive with Swiss banking giant ÜBS AG was charged in a federal indictment unsealed on Wednesday with conspiring to hide US$2O billion in assets from the US tax
      -AP, I NYT; FILE PHOTO  -  547 words
    • Article
      Lock icon Fake records surface in Advance Modules audit
      716 2  -  LYNETTE KHOO SGX seeks CAD probe into possible breaches of law [SINGAPORE] The probe by Advance Modules' special auditors KPMG into the company revealed that fake records of sales were created as part of an "earnings management process" to meet an internal profit
      716 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Fear grips Wall St as Treasury changes tack
        81 2 THE BEAR tightened its grip to the choking point on Wall Street on Wednesday, sending major stock market indices tumbling more than 4 per cent as the Treasury Department announced an abrupt shift in focus of its US$7OO biUion bailout effort for
        81 words
      • Article
        Lock icon River Valley condo Luma relaunches with prices halved
        52 2 THE big property sale has begun although, in this case, it could reflect the situation of the developer rather than the state of the market. Prices have been slashed by half at Luma, a 75-unit freehold luxury condominium at River Valley Grove.
        52 words
      • Article
        Lock icon GST gets an airing at pre-Budget dialogue
        83 2 FOLLOWING the government's recent call to Singaporeans to help boost the economy by spending if they can afford it, a renewed plea has been made for a cut in the Goods and Services Tax. At a pre-Budget 2009 dialogue last night, one participant
        83 words
      • Article
        Lock icon CDL defers construction of South Beach
        52 2 CITY Developments Ltd, which yesterday posted an 11 per cent year-on-year drop in third quarter net earnings to $150.8 million, has deferred construction of its South Beach project until construction costs, which have already started to ease, fall to more attractive levels. TOP STORIES,
        52 words
      • Article
        Lock icon Surge in M&A deals pulled off the table
        76 2 THE once bustling mergers and acquisitions activity in Singapore is not only seeing the deal pipeline drying up but also more announced transactions being pulled off the table. Year-to-date, the number of withdrawn deals involving Singapore targets or acquirers hit 28 with
        76 words
      • Article
        Lock icon Ho Bee reports 52% drop in Q3 earnings
        60 2 HO BEE Investment yesterday said that third-quarter net profit fell 52.3 per cent to $18.7 million, from $39.3 million a year ago, as the developer saw lower revenue contributions from its property development projects. Revenue fell 59.4 per cent to $52.5 million,
        60 words
      • Article
        Lock icon US faces long, moderate recession: Stephen Roach
        58 2 THE world economy will take years to return to the rapid growth it experienced before the current financial crisis struck, Morgan Stanley Asia chairman Stephen Roach said yesterday. But Asia should still manage to weather a long but moderate recession in the US
        58 words
      • Article
        Lock icon G-20 must back dollar-based system: Japan
        73 2 JAPANESE Prime Minister Taro Aso will call on fellow leaders from the G-20 countries at their meeting in Washington tomorrow to "support the dollar-based currency system" as the global economy reels under the impact of the financial system crisis. His call may be seen
        73 words
      • Article
        Lock icon China's steel and copper output take a knock
        91 2 CHINA'S heavy industry slammed on the brakes last month as demand evaporated and raw materials piled up, official data showed yesterday, leaving a big but hazy state bailout the best hope of cranking the economy up again. Figures from the National Bureau
        91 words
    • Article, Illustration
      Lock icon CDL defers South Beach construction, bets on costs easing
      913 3  -  KALPANA RASHIWALA Q3 net profit slips 11% but group expects to ride the storm [SINGAPORE] City Developments Ltd (CDL), which yesterday posted an 11 per cent year-on-year drop in third quarter net earnings to $150.8 million, has deferred construction of its
      FILE PHOTO  -  913 words
    • Article
      Lock icon New HDB BTO prices defy gloom
      512 3  -  ARTHUR SIM [SINGAPORE] Private home prices may be looking shaky, but the Housing and Development Board (HDB) has launched the 750-unit Punggol Arcadia with five-room flats going for as much as $356,000 to $416,000. This represents an increase of between 7 and 8 per
      512 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      21 2 Congratulations (IXBS Enterprise (Banking on the taunch of your G)(BS WorQf (Business Card. iKTGBKa^/GfiSSCB/OT j^^ft VIHGEHf SMT MasterCard In collaboration with
      21 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      22 2 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. II
      22 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      44 3 iflk A THE ONLY GAME |«|L YOU CAN WIN f^HSfcf*'- TIGER IS AGAIN THE OFFICIAL BEER SPONSOR vCT^m/lf^K 0F BARCLAYS SINGAPORE OPEN. I Official Beer Sponsor of Barclays Singapore Open THiifMM* rtM-'"» f Ti -A.^"** S^9^^B^S richest golf tournament in Asia. -M^A^P^S^A, CNJUT WINNINIJ
      44 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon Surge in M&A deals pulled off the table
      482 4  -  LYNETTE KHOO Aborted deals so far this year soar to USs2.Bb, from USs7o7m last year THE once bustling mergers and acquisitions (M&A) activity in Singapore is not only seeing the deal pipeline drying up but also more announced transactions being pulled off
      482 words
    • Article, Illustration
      Lock icon Sombre mood as retrenchment letters go out
      716 4  -  SIOW LI SEN IT was not a good day at Singapore's biggest bank yesterday as retrenchment letters were handed out. Some DBS staff wept and even those not affected were pretty emotional as the bank began its biggest ever retrenchment exercise. "We're okay,"
      JOSEPH NAIR  -  716 words
    • Article
      Lock icon Second Chance an undiscovered property play
      533 4  -  R SIVANITHY ONE of the more interesting corporate developments over the past few weeks may have gone unnoticed by most investors an offer to listed retail-cum-prop-erty group Second Chance Properties (SCP) to buy the company's entire property portfolio. While some companies might have jumped
      533 words
    • Article
      Lock icon SGX gets tougher on short-sellers
      434 4  -  CONRAD TAN THE Singapore Exchange (SGX) has proposed heavy penalties on brokers to curb short-selling activity that results in failed trades and disrupts the market. It is threatening to fine brokers at least $50,000 if they are late in covering short-trading positions by five days
      434 words
    • Article
      Lock icon ComfortDelGro's Q3 income dips 18.1% to $48.3m
      609 4  -  SAMUEL EE Group says fundamentals remain sound HIGH energy costs and diesel subsidies to taxi hirers, as well as a weaker British pound, put the brakes on Comforters Corp's third-quarter net profit, dragging it down 18.1 per cent to $48.3 million from a
      609 words
    • Article, Illustration
      Lock icon Ho Bee reports 52% drop in Q3 earnings
      435 5  -  UMA SHANKARI Revenue down 59% but investment properties do well HO BEE Investment yesterday said that third-quarter net profit fell 52.3 per cent to $18.7 million, from $39.3 million a year ago, as the developer saw lower revenue contributions from its property
      FILE PHOTO  -  435 words
    • Article
      Lock icon Genting Int'l posts lower Q3 loss of $116m
      372 5  -  ARTHUR SIM Revenue bolstered by gaming wins, but hit by higher bad debts, forex losses GENTING International has reported revenue of $177.4 million for the third quarter of 2008, down one per cent from $178.86 million a year earlier. It registered a
      372 words
    • COMPANY BRIEFS
      • Article
        Lock icon Hotel Royal Q3 net rises 17.6%
        129 5 HOTEL Royal has reported a net profit of $2.55 million for the third quarter of 2008, an increase of 17.6 per cent over $2.17 million a year ago. Revenue for the quarter was $9.2 million, an increase of 17.4 per cent year on year.
        129 words
      • Article
        Lock icon JES Q3 earnings slip 18.2%
        98 5 JES International's net profit for the third quarter ended Sept 30 slipped 18.2 per cent to 39.33 million yuan (558.71 million), as higher material costs eroded its margins. Revenue rose 6 per cent to 413.7 million yuan. A measure the group adopted is negotiating for
        98 words
      • Article
        Lock icon Hersing Q3 profit slumps 63.5%
        55 5 HERSING Corporation, which owns the ERA real estate marketing franchise here, saw net profit for third quarter 2008 fall 63.5 per cent to $1.1 million from a year ago as its real estate business segment took a hit. Turnover for the three months fell 21.6
        55 words
      • Article
        Lock icon Koh Brothers Q3 profit falls 22%
        49 5 KOH Brothers Group said net profit for the third quarter of 2008 fell 22 per cent to $26.62 million from a year ago. Revenue feU 23 per cent to $168.63 million, mainly due to the completion of several projects in the previous period.
        49 words
      • Article
        Lock icon Cortina H1 profit jumps 79.9%
        124 5 LUXURY watch retailer Cortina Holdings yesterday posted a 79.9 per cent jump in half-year net profit to $5.29 million. Sales was higher despite the economic downturn, with revenue for the six months ended September 2008 rising 10.3 per cent to $114 million from $104 million
        124 words
      • Article
        Lock icon WBL posts $66.8m full-year profit
        95 5 WBL Corporation has reported a net profit of $66.8 million for the year ended Sept 30, compared with a loss of $20.2 million a year ago. This includes non-recurring gains of $8.9 million. The top profit contributor was the technology division, which added $31.0 million
        95 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      35 4 B^^^^H I MB Inter.-- B«^z^^^^ BHMMliliMHilfliHWK i «f^ ggXl SBC mi^^^k 459 MacPherson Rd I HOTLINE 6283 7076 Ki^X°^™^° www.richburemotors.com.se without Drior notice Powered by RICHBURG AUTOMOTIVE SERVICES 460 Oungi Rd. Service Hotline: 6346 6169
      35 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      13 4 Secured Direct Investment In Oil And Gas Projects www.project-participation.com Eastern Petroleum Sdn Bhd
      13 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      137 5 INVESTMENT TOOLS ML W/MWiUM FOR REAL PROS. Wk worldof investments, having the right index, you'll know exactly what strategy can make all the difference. you're investing in. So you can A Traded Funds come into play. Highly class, and you can have the exposure asset classes and markets with just
      137 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI's 3-day loss adds up to 7%
      607 6  -  R SIVANITHY STOCKS Structured put warrants top gainers, underscoring weak day in the region HEN almost aU the day's top 20 gainers are structured put warrants instruments that rise in value in a falling market you know it hasn't been a good day
      Bloomberg  -  607 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      84 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 12 2 0 0 0 3 12 2 lanufacturing 26 80 51 12 27 85 63 Commerce 23 15 11 26 18 "pt/Stor/Comms 25 27 ■inance 30 30 Construction 'roperties 24 24 lotels/Rsts iervices 36
      84 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      102 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 23,868 23,868 60,957 60,957 lanufacturing 236,345 11,252 247,597 149,442 583 150,025 lommerce 64,297 7,083 71,380 54,672 1,047 55,719 'pt/Stor/Comms 93,197 445 93,642 127,368 70 127,438 :i nance 44,093 44,093 292,358 292,358 lonstruction 13,541 3,961 17,502 1,130 103 1,233 'roperties
      102 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      103 6 lapitaLand 2.700 -0.060 lapitaMall 1.850 lityDev 6.090 -0.120 losco Corp 0.845 -0.035 IBS Grp 10.380 -0.280 :&N 3.250 +0.020 Sent Intl 0.385 -0.010 iolden Agri 0.190 IK Land 2.310 -0.050 IMH 21.200 +0.720 ISH 10.360 -0.440 lardineC&C 10.200 -0.100 Ceppel Corp 4.730 -0.150 Ceppel Land 1.800
      103 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      992 6  -  LYNETTE KHOO Tat Hong Holdings Nov 13 close: 550.585 OCBC Investment Research, Nov 13 Q2 REFLECTS less optimism: Tat Hong Holdings' Q2 2009 earnings missed expectations with net profit retreating 3.4 per cent y-o-y to $22.1 million, despite a 14.7 per cent gain in revenue to $183.7 million.
      Bloomberg  -  992 words
    • Article, Illustration
      Lock icon Yen trims gains from US bailout U-turn
      474 6 ■AFP CURRENCIES -[TOKYO] The yen lost ground in Asia yesterday, giving back some of the previous day's strong gains that were sparked by news that Washington is scrapping a plan to buy up toxic mortgage debt. The dollar rose to 95.79 yen in
      ■AFP; AP  -  474 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 6 Nov 13 VALUE CLOSE IT OB/OS 144.00-429.0C IT CADI -*****.00-197.0i IT 10-day MA -*****.00+14.01 TSE ST Mid Cap 353.72 -14.6. TSE ST Small Cap 297.27 -8.1 TSE ST All Share 420.82 -8.8 TSE ST China Top 179.65 -4.2' TSE ST China 179.38 -4.8 OB Catalist 78.33 -0.8
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME Golden Aqri 71,432,000 IndoAqri 31,769,000 Noble Grp 30,250,000 China Honqxinq 25,499,000 Yanqzijianq 25,211,000 Cosco Corp 23,040,000 SingTel 17,227,000 Capita Land 17,051,000 SembMar 14,982,000 StraitsAsia 14,790,000 VALUE(S) DBS Grp 103,442,202 UOB 89,343,220 SGX 51,637,650 CapitaLand 45,634,765 SingTel 41,081,254 Keppel Corp 39,763,865 OCBC Bk 38,263,590 Wilmar 29,208,810 SembMar
      55 words
    • Article
      Lock icon RISES
      99 6 CLOSE UP IMH 2120 109.1 3.5 iTI 2050 DBePW*****2 80.5 21.5 36.. iTI3300BNPePW*****0 156 14.0 9. iTI 2500BNPePW*****6 99 12.5 14. Sembawani 407 12.0 3.' 'BS RB ePW*****3 145 11.0 8.. iTI2350BNPePW*****0 123 11.0 9.: IQB DB ePW*****8 73 9.5 15.' ilASGAePW*****1 54 8.0 17.. iTI 1950 DBePW*****2 63
      99 words
    • Article
      Lock icon FALLS
      120 6 CLOSE DOWN 7088-275.7 -2.5 LP 10US ISH 1036 -66.7 -4.1 IOB 1210 -60.0 -4.7 ilA 200 1110 -56.0 -4.8 China H 10US 886 -53.0 -3.I :iMBAsean40 100US! 482 -45.5 -5.9 'BS Bk6% NCPS 10 9436 -44.0 -0.5 I A 1104 -38.0 -3.3 Korea 10US$ 218 -28.8 -8.i 'BS Gr|
      120 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      83 6 Nov13 %CHNG CLOSE FRNOV12 YR2008 S$ LOW S$ HIGH USS 1.5125 -0.46 1.5155 1.3457 Euro 1.8917 -0.06 2.2064 1.8640 Pounds 2.2603 2.33 2.8431 2.3088 AS 0.9709 1.94 1.3251 0.9068 Yen* 1.5783 -2.31 1.6645 1.2619 Rupiah* 0.***** 0.63 0.***** 0.***** Baht* 4.3177 -0.29 4.4299 4.0190 Peso* 3.0586
      83 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      1843 7 BT ADVERTORIAL The MAXA journey to excellence FOR the four winners and two finalists of this year's national manufacturing excel- Y flcKinsey&Company lence award, MAXA, the journey was MAXA 2008 AWAKU "^OAUIN T worth as much as the accolade itself. 7 No vaster 2008 The companies said that the independent
      1,843 words
Page thumbnail Page 8
  • COMPANY NEWS
    • Article, Illustration
      Lock icon KS Energy Q3 net profit up 6.9% to $114m
      491 8  -  RONNIE LIM 8.1% rise in revenue due to distribution business and drilling services OIL and gas services provider KS Energy has chalked up a 6.9 per cent increase in third-quarter net profit to $11.4 million, with this coming on the back
      491 words
    • Article
      Lock icon Man Wah reports 13.3% rise in 2nd qtr net profit
      367 8  -  JAMIE LEE CHINESE sofa maker Man Wall Holdings posted a 13.3 per cent rise in net profit for its second quarter and said it was reviewing its target to have 300 speciality stores in China by the end of the
      367 words
    • Article, Illustration
      Lock icon Banyan Tree posts $4.9m Q3 loss, hit by Thai turmoil
      375 8  -  NISHA RAMCHANDANI RESORT operator Banyan Tree Holdings posted a net loss of $4.88 million for the third quarter ended Sept 30, hit by the political turmoil in Bangkok which deterred travellers and forced the closure of Phuket Airport for a
      FILE PHOTO  -  375 words
    • Article
      Lock icon At a glance
      633 8 Three months ended Sept 2008 Nine months ended Sept 2008 NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG CURRENT PREVIOUS (S$m) (S$m) CHNG NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT I PREVIOUS (S$m) (S$m) CHNG 1 CityDev 150.82 169.49 -11.0 688.20 796.15 -13.6 480.95 490.01 -1.8 2,227.72 2,340.44
      633 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      1353 8 Lianhe Zaobao Slowdown forces dovelopors to slash prices y to clear their Stl mmmmn ig!H5BT!tBHI!H!«BW8?nTA?:IAI:fcl:l A WATS IN THE MATTER INTHE MATTER OF THE OFTHE COMPANIES ACT, CAP 50 COMPANIESi ACT CAP 50 AND IN THE MATTER OF in thf uattfb nrnew ci cnTDn uepuamioai IN THE MATTER OF sSiimSmiSi
      1,353 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon US faces long, moderate recession: Stephen Roach
      636 9  -  CONRAD TAN He says Asia will still emerge in better shape than the rest of the world THE world economy will take years to return to the rapid growth it experienced before the current financial crisis struck, Morgan Stanley Asia chairman Stephen Roach
      FILE PHOTO  -  636 words
    • Article
      Lock icon Asian firms not looking to cut jobs: poll
      351 9  -  NISHA RAMCHANDANI Survey also finds they will reward key performers instead THE majority of companies in Asia are looking to other avenues to cut costs rather than resorting to lay-offs, according to a survey by professional services firm Towers Perrin. However, companies
      351 words
    • Article
      Lock icon Awards pay tribute to 44 brands
      247 9 FIVE homegrown brands were recognised for their regional branding strategies when the Singapore Prestige Brand Award (SPBA) 2008 winners were announced on Tuesday. Luxury watch retailer The Hour Glass, toast and coffee chain Ya Kun Kaya Toast, interior fittings and furniture producer Grandwork, fashion
      247 words
    • Article
      Lock icon Washington urged to insure wholesale deposits
      494 9  -  GENEVIEVE CUA THE US may have to consider some form of insurance for wholesale deposits, just as it has for retail deposits, said Larry Kantor, Barclays Capital's head of research. Insurance would go a long way towards restoring confidence among institutional clients, who remain
      494 words
    • Article, Illustration
      Lock icon For business, the Latin beat beckons
      610 10  -  LEE U-WEN Peru, Brazil and Chile have much to offer Singapore businesses WHEN Prime Minister Lee Hsien Loong travels to Peru next week to attend the Asia-Pacific Economic Cooperation (Apec) meetings, his delegation will include 14 businessmen who want to suss out possible partnerships
      610 words
    • Article
      Lock icon MOH proposes paired matching for organ donations
      456 10  -  CHEN HUIFEN THE Ministry of Health (MOH) is proposing that paired matching for exchange of organs be allowed in Singapore to increase the chances of improved transplant outcomes and to save more lives. In paired matching, a do-nor-recipient pair that are incompatible within
      456 words
    • Article
      Lock icon Marina Bay Sands may open in phases
      187 10 Reuters SINGAPORE said on Wednesday it may let Las Vegas Sands open its casino in the city-state in phases from the end of 2009 instead of all at once due to the difficult economic conditions. US casino operator Las Vegas Sands this week
      Reuters  -  187 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      218 9 JEWELLERY AUCTION Over 5 Million Dollar Jewellery Inventory MUST BE LIQUIDATED! This property shall be offered at this one day auction. Items obtained from govt. auctions plus the addition of goods which constitue the majority. m^ /S^^fcJliiii!liliilJJiJJlLili^ Bracelet-Dia. 34.62ct j^M '-4&/ *^S\ ONE DAY CentreTanzanite r-vikTT -*rt Earrings Dia.14.20C. J*™*
      218 words
Page thumbnail Page 10
  • Page 10 Advertisements
Page thumbnail Page 11
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon G-20 must back dollar-based system: Japan
      733 11  -  ANTHONY ROWLEY Prime Minister Aso will also offer USsloob loan to IMF at US meeting By in Tokyo JAPANESE Prime Minister Taro Aso will call on fellow leaders from the G-20 countries at their meeting in Washington tomorrow to "support the dollar-based currency system"
      IMF, Reuters news and data  -  733 words
    • Article, Illustration
      Lock icon Paulson switch raises new doubts over US bailout
      724 11 -Lat-WP NEWS ANALYSIS [WASHINGTON] Treasury Secretary Henry Paulson's announcement on Wednesday that he is abandoning the plan to buy troubled bank assets shows that he has come to two conclusions about what was once the chief focus of his US$7OO billion bank
      -Lat-WP; BLOOMBERG  -  724 words
    • Article
      Lock icon IEA warns of impending energy crunch
      689 11 -AP Risk of new energy crisis if investment pullback continues [HOUSTON] It will require more than a trillion dollars in annual investments to find new fossil fuels for the next two decades to avoid an energy crisis, the International Energy Agency warned on Wednesday.
      -AP  -  689 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      35 11 113(3 CAVA L L I GROUP <& V I. p V COLLECTION DA VINCI LUXURY Available at 10 Tanglin Road, Tel: +65 6738 6333 DA VINCI COLLECTION 191 Upper Bukit Timah Road Tel: +65 6468 6333
      35 words
Page thumbnail Page 12
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Mixed reactions greet relaxing of bumi equity rule
      679 12  -  S JAYASANKARAN Some say it's a moot point, others look forward to more easing off MALAYSIA'S decision to relax the 30 per cent bumiputra equity requirement for public companies has met with mixed reactions, with most analysts seeing it as a non-event.
      AFP  -  679 words
    • Article
      Lock icon Bank Indonesia says banking system secure
      170 12 Reuters [JAKARTA] Indonesia's central bank said yesterday that PT Bank Century Tbk was having problems in settling interbank payments due to technical problems, but the issue was no threat to the country's banking system. Bank Indonesia said in a statement that the problems at
      ■ Reuters  -  170 words
    • Article
      Lock icon Jakarta tightens foreign exchange purchase rules
      509 12 Reuters [JAKARTA] Indonesia imposed new rules yesterday to tighten foreign exchange purchases, reflecting alarm among policy makers over the decline in the rupiah currency, which fell to a se-ven-year low. The central bank denied that the move represented a type of capital control and
      – Reuters  -  509 words
    • Article, Illustration
      Lock icon Bumi-Commerce Q3 pre-tax profit falls nearly 40%
      380 12  -  PAULINE NG Group expects better Q4 capital market performance MALAYSIA'S Bumipu-tra-Commerce Holdings has posted a third-quarter pre-taxprofit of RM572 million (Ss24o million) almost 40 per cent down from Q2, as global financial turmoil undermined its capital market activities. The group, which owns CIMB
      380 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      2162 12 A WATS NOTICES •fv*- JUNMATYRE CORD COMPANY LIMITED sJimma Oncorporated in the People's Republic of China) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (the "EGM") of the Company will be held at 3* Floor Conference Room, Junma Main Office, Zhenxing Road, Chenghang, Yangshe
      2,162 words
Page thumbnail Page 13
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China's steel and copper output take a knock
      633 13 -Reuters Bucking the trend in October were oil refiners who processed more oil [SHANGHAI] China's heavy industry slammed on the brakes last month as demand evaporated and raw materials piled up, official data showed yesterday, leaving a big but hazy state bailout
      -Reuters; AFP  -  633 words
    • Article, Illustration
      Lock icon Macau casinos go from boom to gloom
      597 13 -Reuters [HONG KONG] When multibillionaire Sheldon Adelson unveiled a gleaming model of casinos and plush hotels in a dimmed Macau room nearly four years ago, he promised a US$l5 billion Asian "neon alley" to rival Las Vegas. But the vision that Mr Adelson
      -Reuters; AP  -  597 words
    • Article
      Lock icon Ambani knocks Mittal off top of India's rich list
      300 13 Bloomberg [NEW DELHI] Mukesh Ambani and Lakshmi Mittal led India's richest in losing US$2OO billion this year as the global financial crisis triggered a plunge in stocks and property values, Forbes Asia said. The combined wealth of India's 40 wealthiest people
      – Bloomberg  -  300 words
    • Article
      Lock icon Citic Pacific shares spurt following bailout
      465 13 Reuters, Bloomberg [HONG KONG] Citic Pacific's shares rose as much as 17 per cent yesterday after it said its state-run parent would buy US$l.5 biUion of convertible bonds and assume its liabilities from unauthorised forex bets, but the rally fizzled as worries over corporate
      – Reuters, Bloomberg  -  465 words
    • Article
      Lock icon India's inflation drops to six-month low
      392 13 Reuters, Bloomberg Analysts expect central bank to cut interest rates [NEW DELHI] Indian inflation dropped sharply to its lowest in nearly six months in early November as prices of metals and fuels fell, and analysts said the unexpectedly low figure gave the central bank
      Reuters, Bloomberg  -  392 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      46 13 tahla! THE HEARTBEAT OF THE INDIAN COMMUNITY Ml Pick up your FREE copy at Mustafa, Saravanaa Bhavan, White Water Cafe, Singapore Khalsa Association, Singapore Indian Association, Annalakshmi and SIFAS. Call 6319-1800 or e-mail circs@sph.com.sg to get a copy delivered to your doorstep. WB Singapore Press Holdings
      46 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      21 13 TUNE ZN TO BIGGEST HITS OF THE 90"S CHBIS BROWN TILL NOW! ONLY ON RADSO 100% PURE FUN OD%T wwv .ftADIO9I3.COM
      21 words
Page thumbnail Page 14
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Japanese voters spurn free government money
      539 14 ■LAT-WP 63% say cash in stimulus package not necessary [TOKYO] Japan is having trouble giving away a free lunch. To perk up the fast-shrinking economy, Prime Minister Taro Aso announced late last month that his government would give everybody money. A family of four
      ■LAT-WP  -  539 words
    • Article, Illustration
      Lock icon GM collapse could set off chain reaction
      521 14 -AP [DETßOlT] Advocates for US carmakers are warning that the collapse of the Big Three or even just General Motors (GM) could set off a catastrophic chain reaction in the economy, eliminating up to three million jobs and depriving governments of more than
      -AP; REUTERS  -  521 words
    • Article
      Lock icon US trade deficit narrows as fuel imports decline
      421 14 Bloomberg LATEST DATA Gap shrinks 4.4% to USss6.sb in September, the smallest in a year [WASHINGTON] The US trade deficit in September narrowed more than forecast as a record decline in the cost of foreign crude oil caused fuel imports to tumble.
      – Bloomberg  -  421 words
    • Article
      Lock icon Flat-screen giants plead guilty to price-fixing
      604 14 NYT, Bloomberg [NEW YORK] Prices for the flat screens in televisions, personal computers and cell phones have plummeted in recent years but the decline would have been even faster if not for an international price-fixing cartel, the US Justice Department said on Wednesday. Three
      – NYT, Bloomberg  -  604 words
    • Article
      Lock icon Move to replace Citi chairman?
      200 14 Reuters [NEW YORK] Some directors on the Citigroup Inc board are considering a move to replace chairman Win Bischoff as they are dissatisfied with the company's performance, The Wall Street Journal said, citing people familiar with the matter. It wasn't clear how many of Citigroup's
      Reuters  -  200 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      163 14 The pick of the bunch for Brunch Brunch at Oscar's and put some bite back in I i(*-?"'H I your Sunday. Savour style and substance at one f r r- rrr~- f rr r r r^^ r^^'C f* i of the best brunches in town. Graze amazingly X 11 L
      163 words
Page thumbnail Page 15
  • WORLD
    • Article, Illustration
      Lock icon Consumer clampdown worries US retailers
      709 15 AP Stores cut prices far earlier than usual to draw shoppers in and save the season [NEW YORK] Americans have slammed their wallets shut since the financial meltdown, and the future is looking downright scary for stores across the country and the whole US economy.
      AP; Citi Investment Research, AP graphics  -  709 words
    • Article, Illustration
      Lock icon Christie's auction hit by tough economic climate
      558 15 -NYT [NEW YORK] In a bumpy sale of contemporary art at Christie's on Wednesday, some paintings, drawings and sculptures were eagerly sought, but there were also big disappointments as the art market struggled to adjust to today's financial climate. What was expected to
      -NYT; PHOTOS: AP  -  558 words
    • Article
      Lock icon US regulator rejects credit card forgiveness plan
      389 15 Reuters [WASHINGTON] A US banking regulator has rejected a request to let large banks forgive some of the credit card payments owed by Americans who would otherwise file for bankruptcy or default. The Office of the Comptroller of the Currency (OCC) said on
      – Reuters  -  389 words
    • Article
      Lock icon Intel cuts Q4 sales forecast by 14%
      374 15 Reuters Its warning echoes weak outlook from other chip firms [NEW YORK] In indications that the economic crisis is set to hurt computer sales in the holiday season and beyond, Intel Corp cut its fourth-quarter revenue forecast by about 14 per cent on
      – Reuters  -  374 words
    • Article
      Lock icon Morgan Stanley plans to cut jobs in two divisions
      470 15 -AP [NEW YORK] Morgan Stanley on Wednesday outlined plans to cut 10 per cent of the staff in its biggest business, which covers everything from investment banking to stock trading. The United States' second largest securities firm, which converted into a
      -AP  -  470 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      235 15 g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRIBOND TRADING COMPANY PTE LTD (In Members' Voluntary Liquidation) Reg No. *****1690H NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 361 A Beach Road Singapore *****6
      235 words
Page thumbnail Page 16
  • AVIATION
    • Article, Illustration
      Lock icon Intra-Asian flights drive Changi traffic
      506 16  -  YEN SREENIVASAN Increase in flights due to liberalisation of S'pore-M'sia air services DESPITE a general softening in the commercial aviation environment, Changi Airport continues to enjoy robust traffic, thanks to buoyant intra-Asian flights. The Civil Aviation Authority of Singapore (CAAS), which manages Changi Airport, said
      506 words
    • Article, Illustration
      Lock icon Rust woe to delay Boeing 737 deliveries
      408 16 Bloomberg Fastener supplier failed to protect parts from corrosion [SEATTLE] Boeing Co, working to restore aircraft production after an eightweek strike, said it's delaying deliveries of 737s and will have to repair existing planes after discovering a supplier failed to protect parts from
      Bloomberg; AP  -  408 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2559 16 BGB4 1910 5Q436 2035 SQII3 1525 5Q5606 345 QF77 0900 TR7I6 1550 OSBBI7 1945 OSBBIB 212 C TERMINAL 2: The following airlines arrive at/depart AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA),
      2,559 words
    • Article
      Lock icon Downbeat economy takes toll on US airline stocks
      421 16 Bloomberg [ATLANTA] Shares of Delta Air Lines Inc, American Airlines parent AMR Corp and United Airlines parent UAL Corp slid at least 16 per cent on investor concerns the weakening US economy will further crimp demand for air travel. The Bloomberg US
      ■ Bloomberg  -  421 words
    • Article
      Lock icon Air France flights may be hit by pilots' strike
      133 16 -AFP [PARIS] Half of Air France's long-haul flights from Paris today will likely be cancelled as part of severe four-day disruptions caused by a strike called by French pilots' unions, the airline said. The strike, which will start at midnight last
      -AFP  -  133 words
    • Article, Illustration
      Lock icon Delta to launch 15 new international routes next year
      430 16 -AP [ATLANTA] Fresh off its acquisition of Northwest Airlines, Delta Air Lines Inc, the world's biggest carrier, said on Wednesday it plans to add 15 new international routes starting next spring, though it's unclear whether that will mean another year of
      -AP; AP  -  430 words
Page thumbnail Page 17
  • SHIPPING
    • Article, Illustration
      Lock icon Maersk cuts sales forecast, sees profit at lower end of range
      607 17 Bloomberg Shipping giant cites lower rates, as Q3 net income stays flat [COPENHAGEN] AP Moel-ler-Maersk A/S, the world's largest container line, cut its full-year sales forecast and said profit will be at the lower end of a previously predicted
      Bloomberg; BLOOMBERG  -  607 words
    • Article
      Lock icon Berlian sells 6 tankers to pay US$250m debt
      255 17 Bloomberg [JAKARTA] PT Berlian Laju Tanker, Indonesia's sec-ond-biggest shipping company, is selling six vessels to repay a US$25O million debt due this month. The shipping line sold two oil tankers and a chemical tanker in September and expects to conclude the sale
      Bloomberg  -  255 words
    • Article
      Lock icon Norden's ship sale sets prices used to assess loan covenants
      258 17 Bloomberg Two panamaxes, one handymax sold for USsBs.Bm [LONDON] D/S Norden A/S, Europe's largest shipper of ore, coal and grains, sold three vessels for US$B5.B million, potentially creating a benchmark transaction used to value the industry's vessels and compliance with
      ■ Bloomberg  -  258 words
    • Article
      Lock icon Diana Shipping posts 14% rise in Q3 profit
      505 17 Bloomberg [NEW YORK] Diana Shipping Inc, a carrier of commodities including iron ore and coal, said third-quarter profit gained 14 per cent on higher rates and a larger fleet. Net income rose to U5557.6 million, or 77 cents a share, from US$5O.4
      Bloomberg  -  505 words
    • Article
      Lock icon Russian, British forces thwart pirate attack off Somalia
      335 17 Reuters [MOSCOW] A Russian and a British warship joined forces to thwart a pirate attack on a Danish cargo vessel off the coast of Somalia, the Russian navy said on Wednesday. The frigate Neustrashimy (Fearless) from Russia's Baltic Sea Fleet and the
      – Reuters  -  335 words
    • Article, Illustration
      Lock icon Indian Navy showcases Asian giant's growing maritime might
      841 17 -AP [NEW DELHI] The helicopter carrying Indian commandos swooped in low over the distressed Saudi Arabian chemical tanker, firing its machine guns and sending three speedboats filled with pirates fleeing for the lawless Somali coast. Twenty minutes later, they rescued a nearby
      -AP; AFP  -  841 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 17 '000 lov CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.28 0.21 0.85 0.34 0.66 0.51 0.04
        103 words
      • Article
        Lock icon KLSE
        31 17 '000 lov Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.56 8.35 8.35 2.34 unch 0.06 -0.02 -0.05 0.05 -0.01 unch -0.01 6( 108( 19! 521 10!
        31 words
      • Article
        Lock icon BANGKOK
        13 17 ■oo lov 'recious Ship Regional Cont .10.10 ...6.05 unch -0.10 2601 441
        13 words
      • Article
        Lock icon HONGKONG
        12 17 '000 lov Doil iingamas Cont .14.60 ...0.62 -0.90 unch 1921 104'
        12 words
      • Article
        Lock icon PHILIPPINES
        22 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.50 14.00 2.20 unch unch 0.25 -0.30 unch 448 263 1 0
        22 words
      • Article
        Lock icon TAIPEI
        17 17 Evergreen Marine ...17.25 :irst Steamship 32.10 /Van Hai Lines 14.05 unch -1.30 -0.65 11 9 5
        17 words
      • Article
        Lock icon TOKYO
        40 17 '000 (awasaki Hvy Ind ..198.00 -13.00 ***** (awasaki Kisen 365.00 -16.00 76K Mitsubishi Hvy 359.00 -22.00 4415! Mitsui Eng&Sbldg...133.00 -9.00 ***** Mitsui Osk Lines 469.00 -24.00 2756! Mippon Express 384.00 -17.00 263} MipponYusen 451.00 -30.00 1024} iource: Thomson Reuters
        40 words
Page thumbnail Page 18
  • EDITORIAL & OPINION
    • Article
      Lock icon Japan's revisionist general
      483 18 AT regular intervals, events occur that illustrate how unhappy some Japanese are at the interpretation the outside world puts on their country's conduct before and during World War 11. But the issue of former air force chief of staff Toshio Tamogami who has been dismissed for his
      483 words
    • Article, Illustration
      Lock icon Coordinated global remedies needed for crisis
      1013 18  -  CHARLES COLLYNS KRISHNA SRINIVASAN Fiscal expansion must play a central role in sustaining domestic demand GLOBAL economic prospects have deteriorated sharply in recent months, as the financial crisis has spread and increasingly engulfed emerging market economies. Continued deleveraging by the financial sector and dramatic
      STOCK.XCHNG  -  1,013 words
    • Article, Illustration
      Lock icon Deng's call for 'three links' with Taiwan answered
      785 18  -  FRANK CHING THE BOTTOM LINE LAST week's visit to Taiwan by Chen Yunlin, China's chief cross-straits negotiator, is hugely significant. Four agreements were signed with his Taiwan counterpart, Chiang Pin-kung, providing for daily cross-strait flights, direct cross-strait shipping, better postal services and
      785 words
    • Article, Illustration
      Lock icon When central bankers got it all wrong
      811 19  -  NEIL BEHRMANN They focused on inflation and raised interest rates despite warning signals and evidence of speculation HISTORIANS will narrate one day how central bankers were hopelessly out of touch with reality ahead of the greatest economic crisis since the *****. Despite numerous
      YEN MENG JIIN  -  811 words
    • Article, Illustration
      Lock icon G-20 talks will be a photo-op
      798 19  -  LEON HADAR TWO dramatic developments would serve as backdrops for the gathering of the leaders of the world's 20 major economic powers in Washington over the weekend. Hovering over the meetings of the Group of 20 (G-20) would, of course, be the ongoing global
      AFP  -  798 words
    • Letter
      Lock icon One size fits all regime not the way to go: SGX
      139 19  -  Mohamed Nasser Ismail LETTER TO THE EDITOR WE refer to the letter, "SGX should publicise all its enforcement actions" (BT, Novll). The Singapore Exchange (SGX) employs a range of actions to address the varied situations in the market. Singapore
      139 words
Page thumbnail Page 19
Page thumbnail Page 20
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8804 20 Transaction date: Nov 13 !-wks Tel Low Code Last Sale V C000) lay L Low Bu] .ast Quote yer Seller Div C'vr Net P/E ICap Hi! Com| >an] Hi: •k 13 3 3148 8Telecom 19 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs
      8,804 words
    • Article
      Lock icon SGX CATALIST
      586 21 52-wks Tel |h Low Code Last Sale Vol ('PPP) Hii Day Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E MCap $mil Hii Coi 20 11.5 1181 s AAGrp 32 16.5 8538 s APStrategic 6 1 1501 s Advanced System 38 12.5 3518 s Afor 26
      586 words
    • Article
      Lock icon SGX XTRANET
      680 21 52-Wk Tel Hiqh Low Code Last Sale Vol fOOO) Day Last Quote Div GrYld Net MCap ih Low Buyer Seller C'vr P/E $mil Comi _Hm ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&PSO0 ***** ***** 6170 SPDRS 385 158
      680 words
    • Article
      Lock icon CLOB INTERNATIONAL
      753 21 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
      753 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8893 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.435/ AIGIF S'pore Bond Fund/^- 1.263/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.59/ APS Alpha Fund (USD)!** 0.39/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6074/ APS Komaba Global
      8,893 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      36 20 y Jpfipp, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED 9 wßj .J 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Wr Internet: Http://www.audemarspiguet.com
      36 words
Page thumbnail Page 21
Page thumbnail Page 22
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      353 22 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Nov12 World Index Preliminan 664.0 -2.8 -41.3 -2.8 -42.0 -3.0 -44.1 EAFE Preliminai 648.3 -2.2 -42.1 -2.2 -45.5 -2.4 -48.1 Euro[ Preliminan 897.5 -2.6 -41.8 -3.3 -49.3 -3.5 -51.: Pacific 551.6 -1.4
      353 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      123 22 As at 9am Novl3 >f foreign currency: lurrencies Bid Offer >ust dollar 0.9570 0.9980 dollar 1.2150 1.2300 luro 1.8730 1.8970 IZ dollar 0.8380 0.8570 iterlini ind 2.2400 2.2660 )S dollar 1.5020 1.5200 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi renminbi 21.80
      123 words
    • Article
      Lock icon INTERBANK RATES
      176 22 Novl3 $S Offer Overnight 1-month 2-months 3-months Overnight mode: 1/2 ys$ 5/8 13/16 7/8 15/16 Offer 1/2 9/16 5/8 11/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 1 00 1.80 2.60 2.70 3 00 3.10 3.20 Offer 0.50 1.30
      176 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 22 Novl3 STI SIMSCI Nov 208.9 211.9 211.6 Taiwan Nov 166.1 166.6 166.0 Source: MF Global (S) He. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      20 22 Novl3 Bid Offer -month 1.5143 1.5161 months 1.5125 1.5143 months 1.5106 1.5126 >-months 1.5043 1.5063 Source: OCBC
      20 words
    • Article
      Lock icon PALM OIL
      60 22 Novl3 Delivery Month Opening Range Sett Av Price Price Hi Low Vol Open Done Position Nov08 1437 Dec 08 1472 Jan 09 1483 Feb 09 1476 Total o/p: ***** contracts 1461 1490 1437 120 724 1465 1485 1430 1009 9282 1480 1496 1435 6597 ***** 1477 1499 1438
      60 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      291 22 Novl3 URODOLLAR FUTURES DecO8 VlarO9 unO9 iepO9 97.8850 98.0500 98.0450 97.9650 7910 9094 4125 3223 EUROYEN TIBOR FUTURES DecO8 99.220 99.220 VlarO9 99.330 99.330 unO9 >epO9 99.390 99.390 DecO9 VlariO 99.250 99.255 un10 >ep10 99.215 99.330 99.380 99.250 99.215 99.300 99.350 99.305 99.270 99.160 99.100 99.055 169
      291 words
    • Article
      Lock icon SICOM FUTURES
      198 22 Nov 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Dec 08 179.8 Jan 09 179.0 Feb 09 178.0 Mar 09 180.0 Apr 09 180.0 May 09 180.0 178.0 179.0 178.0 177.0 179.0 179.0 178.0 178.0 178.0 178.5 180.0
      198 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 22 NovU Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****V 12.02.09 1-Year BY*****V 02.11.09 0.54 0.80 0.45 0.45 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hii 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year
      89 words
    • Article
      Lock icon CHICAGO BOT
      101 22 Novl2 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov08 885.25 908.00 910.00 884.00 Jan 09 895.00 916.00 921.50 888.00 Mar 09 905.00 924.50 928.50 898.00 May 09 915.25 934.25 939.00 910.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 32.58 33.73 33.15 32.25 Ian 09
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 22 CRUDE OIL PRODUCTS NovU CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 55.12 -2.12 WTI (Near Mth) 57.77 -1.56 Dubai (1-Mth F) 52.40 -1.89 Tapis blend 60.30 0.95 Minas 58.80 1.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 33.13 77.60 0.68 -1.55 US$/barrel Opec Oil Basket
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      447 22 Novl3 iuro 'en (on 'eso lam 'ouni Australia 0.795 4.387 0.517 4.977 31.337 76.496 0.614 8.934 2.310 1.148 51.629 31.741 0.973 6.755 0.766 21.303 22.485 0.432 0.642 Canada 1.258 5.519 0.651 6.261 39.422 96.232 0.772 11.239 2.907 1.444 64.949 39.931 1.224 8.498 0.964 26.799 28.286 0.544 0.808
      447 words
    • Article
      Lock icon SIBOR
      75 22 Novl3 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12yrs 2.***** 15yrs 3.***** Source: Thomson Reuters (US$) (SS) 1.***** 0.***** 1 mth 2 mths 2.***** 0.***** 3 mths 2.***** 0.*****
      75 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 22 NovU Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 0.9724 0.9741 0.6419 0.6424 Canadian dollar 1.2235 1.2253 0.8076 0.8080 Euro 1.8801 1.8822 1.2411 1.2412 NZ dollar 0.8471 0.8487 0.5592 0.5597 Sterlini md 2.2495 2.2522 1.4849 1.485: US
      156 words
    • Article
      Lock icon PRECIOUS METALS
      145 22 Novl3 /oz) lov lov Hong Kong 737.40 719.40 738.40 720.40 Nov 11 Nov 12 728.50 717.10 i?n en 71Q 1 n (SS) Selling Buying 1 oz 1223.01 1095 UBS GOLD LUNAR KINEBAR (SS) Selling Buying M Sellini Bui rim .ondon Source: Thomson Reuters 10gm SILVER $429.07 Selling Bu'
      145 words
    • Article
      Lock icon LONDON METALS
      61 22 Novl2 iiuiii, yy.i (US$/tonne) Close Previous iri:ash 1870.20 months 1925.00 1892.51 1948.01 Copper, Grade A (US$/tonne) :ash months 3583.00 3621.00 3602.0I 3640.0I .ead (US$/tonne) :ash 1287.20 months 1300.00 1268.01 1280.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01 inc, Special
      61 words
    • Article
      Lock icon LIFFE
      69 22 NovU (£/tonne) Close Prev Hii ih/Low Dec 08 1316 1300 1317/1298 War 09 1322 1306 1324/1303 Way 09 1330 1313 1330/1314 ul 09 1341 1324 1341/1324 IOFFEE (US$/tonne) Close Pev High/Low Mov08 1785 1815 1823/1765 Ian 09 1825 1840 1871/1808 SUGAR (US tonne) White Close Prev High/Low lee 08
      69 words
    • Article
      Lock icon BONDS & WARRANTS
      3002 22 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- ing K Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 6.5 1481 Asia Water Tech Ltd W*****0 ..18.5 5816 #Asiasons Capital Ltd W*****7 4 !756# Asiatic Grp(H) Ltd W*****2 9.5 H05#AsiatravelW*****7 3.5
      3,002 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      2671 23 The Business Times Shipping Times M BlCT^ffllßlffffffffilfflßlffiß mm\\Y WAN HAI INTERNATIONAL PTE LTD crn0i.*****0000/r M X^_J K^£ li:-J_l_Ml^M»_SK_«_MjfAMlgaVM V-rrr\ _■■>_.■ ■■>■ TEL:*****588 (KLINES) FAX:*****163 V V B^^^ir_7!^^^H __H_B E-Z&i l-M_»ela» V\M llflfAN HAI INF\ Customer Smi<e/BookingsDir«l line (1800) *****200 A A M» I™_L^.»l" I I iffßii BBBHB N^ V linll
      2,671 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      3505 24 lj] RICKMERS-LINIE I IF~T EASTERN CAR LINER, LTD IfS £2®lfs& Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com \\l Km I I 1 USAService lf-~^ SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONs| WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov SIN I ALT I HOU I NEW I JAX I ORF I
      3,505 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      5436 25 AMnCDCC I^Tl Tel: 65-*****907 Fax: *****917 I INLJC.KOC.IN Emai aS c@asc-asia.com shipping company/ 70 SheMon Way, #21-03 Marina House Singapore *****8 I NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES [VESSEL I VOY I Singapore I Merak I Christmas Island I Fremanlle I
      5,436 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      159 25 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
      159 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      250 26 Goodwood Park Hotel proudly presents Two-Star Michelin Guest Chef Jean-Pierre Jacob of Le Bateau Ivre, Savoy, France 15 to 22 November 2008 Two-star Michelin Chef and proud owner of the legendary Le Bateau Ivre restaurants in Bourget du Lac and La Pomme de Pin Courchevel, Chef Jean-Pierre Jacob is the
      250 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      444 26 Odissi exponent to focus on classics I A CONTEMPORARY piece incorporating ■I peacock-like movements will be among H> fl the mostly traditional items presented by leading Odissi dancer Meera Das Qe^d er upcoming performance tt fl here. Founder and principal of the B^^^KhSl -9 Gunjan Dance Academy at Cuttack in
      444 words
Page thumbnail Page 27
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      339 27 CRYPTIC CROSSWORD ACROSS 10 Naval officer mostly commendable book omitted (7) 11 Team to follow in lead away 11 112 f (9) —^^J—^^J—^^J—^J—H J—^^J— 12 Desert me ahead of short __HH__HH__M 13 Composer's party line (5) 14 Rabbit, soft toy for a baby H BH F^^ W^ W^ 17 Act
      339 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      50 28 TOHN ERPOS£? Furnish your life \VJ WAREHOUSE SALE SAVE UP TO 80% Today, Saturday Sunday 10-5 Warehouse 320 Havelock Road (Corner of Saiboo Street) Park at River View Hotel, Hotel Miramar Grand Copthorne Hotel, Copthorne Kings Hotel, Hotel Miramar or Gallery Hotel Furniture, Rugs, Gifts Accessories FOR MORE INFORMATION www.johnerdosgallery.com
      50 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      518 29 Hit Bl I t%T\ B._ _l~_.l~ AA* r*v*~,~~ ~Ni«i~,,,~, Charge your overseas purchases to your DBS Platinum Credit Card from M^W AI H 1 /^^/^PWKSI 3D BangkOk frsl99 Charge a minimum Of now Dec 08 and stand to win the Best Seats In Townl I|H H^2S^^»tl^i BjOi Free Easy +fsl6o"
      518 words
Page thumbnail Page 30
  • executive lifestyle
    • Article
      Lock icon Don't smudge my lipstick!
      610 30  -  jaime cc off the cuff "HERE'S a movie called Vantage Point that was about an assassination attempt on the US president where Dennis Quaid, Matthew Fox and Forest Whitaker played secret agents and a tourist who saw the whole thing. Through the entire movie, the attempt
      610 words
    • Article, Illustration
      Lock icon Buzz builders
      857 30 Thanks to the efforts of a group of intrepid individuals, Singapore's lifestyle industry has never been as exciting as it is today, reports MELISSA LWEE N 1995, a starry-eyed young Singaporean designer named Ashley Isham packed his bags and moved to London to pursue an education and career
      AFP  -  857 words
    • ARTS/WINE
      • Article, Illustration
        Lock icon Merging the traditional and the contemporary
        769 26 The bridging of the two worlds the old and the new is seen throughout the Korean art show now on at the SAM, reports MADHVI SUBRAHMANIAN VER the last six dec- ades, South Korea has boomed and reshaped itself from a largely Third World
        769 words
      • Article
        Lock icon Moueix Pomerols, St-Emilion re-visited
        969 26  -  NKYONG MENTION the name Moueix to a wine aficionado and the immediate response is "Petrus" because it is the most famous property among those Moueix owns. Which does not do justice to the name Moueix because it is more than Petrus. Ets. Jean-Pierre Moueix is the
        969 words
    • BOOKS/GAMING
      • New voices, impressive beginnings
        • Article, Illustration
          Lock icon An urgent narrative that exposes the brutal side of India
          617 27  -  PARVATHI NAYAR The White Tiger By Aravind Adiga Atlantic Books Pages: 336 Price: $15.95 without GST Rating B+ IF the main excitement of a debut novel is the thrill of hearing a new voice express a new point of view,
          617 words
        • Article, Illustration
          Lock icon A page-turner with its own internal logic
          493 27  -  RVATHI NAYAR A Fraction of the Whole By Steve Toltz Hamish Hamilton Pages: 711 Price: $33 (w/o GST) Rating: B- A MIXTURE of philosophy, fantasy, farce and anything else you'd care to tip into the narrative mix, A Fraction of the Whole is
          493 words
        • Article, Illustration
          Lock icon Art-ful tale of intrigues and subterfuge
          521 27  -  JOSEPHINE CHEW The Bellini Madonna By Elizabeth Lowry Quercus Pages: 337 Price: $28.95 Rating: B IN an exquisitely wrought debut novel, Elizabeth Lowry chooses a debauched aesthete as her antihero, who is in equal turns repulsive as he is compelling. The entire book is
          521 words
      • Article, Illustration
        Lock icon Innovative mechanics livens up Sacred 2
        495 27  -  LEE KIM SIANG AT first glance, Sacred 2: Fallen Angel, the follow-up to action role-playing game (RPG) Sacred, seems like just another Diablo 2 clone, albeit with prettier visuals and flashier graphical effects. But a closer look reveals that the developers have tried to
        495 words
    • CINEMA/MUSIC
      • Article, Illustration
        Lock icon Screwy, schlocky and good
        529 28 B The humour and the visuals of Madagascar 2 trump the first, says AMANDA DE GUZMAN F you enjoyed the manic silliness and the all-star motley crew of 2005's Madagascar, then this second instalment should have you in stitches. Madagascar 2: Escape to Africa sees Alex
        B  -  529 words
      • Article, Illustration
        Lock icon Lounge jazz with a touch of mellow retro
        481 28  -  ONG BOON KIAT CD REVIEW Rituals Nicola Conte Schema Records Rating: B- LULLING, sassy and oozing the kind of chic-pop flourishes that hark back to the Mod Sixties culture and good Scan Connery Bond films Italian jazz guitarist, producer and DJ Nicola
        481 words
      • Article
        Lock icon Mish-mash of a kimchi Western
        507 28  -  GEOFFREY EU c+ Gunslingers, freedom fighters and cartoonish bad guys fill the screen in ample numbers in director Kirn Jee Woon's The Good, The Bad, The Weird, a flawed, ambitious and strangely entertaining movie that pays ample homage to its Western roots while remaining unmistakably
        c+  -  507 words
      • Article, Illustration
        Lock icon Something new, something fresh – all the time
        615 28  - Something new, something fresh all the time MELISSA LWEE COVER STORY THE LO AND BEHOLD GROUP LO and behold the 'Lo and Behold Group. Better known as the boys behind Singapore's first rooftop bar, Loof, and for running down the hole that is The White Rabbit, the young and industrious
        615 words
    • COVER STORY
      • Article, Illustration
        Lock icon Telling stories with a touch of realism
        527 29  -  r MELISSA LWEE 800 JUNFENG THERE is a silent, stoic quality that emanates from filmmaker 800 Junfeng. He comes across as a soft-spoken man of few words and simple pleasures, but when he breaks into a smile the whole room lights up. Call
        JOSEPH NAIR  -  527 words
      • Article, Illustration
        Lock icon He promotes fine living for the masses
        545 29  -  MELISSA LWEE DR FRANK CINTAMANI DRESSED immaculately in a dapper suit and a stylish Chopard brooch, Frank Cintamani looks every inch a man who understands the concept of "lifestyle". A natural flair for style and elegance combined with an insistence on value and
        JOSEPH NAIR  -  545 words
      • Article, Illustration
        Lock icon The Phunk quartet makes good
        614 29  -  MELISSA LWEE PHUNK STUDIO IF they had their way, the four men of visual art and creative collective Phunk Studio would have become a rock band. "When we graduated from LaSalle, we got together to start a band," recalls Jackson Tan with a wistful smile,
        JOSEPH NAIR  -  614 words
  • Page 30 Advertisements
  • Page 30 Miscellaneous