The Business Times, 11 February 2009

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

Total Pages: 28
1 28 The Business Times
  • 19 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, February 11,2009
    19 words
  • 642 1 Reuters, Bloomberg, AFP New Treasury chief promises full force of government to get economy back on track [WASHINGTON] In a decision closely watched around the world, the US Treasury yesterday unveiled an aggressive financial rescue plan of up to US$l trillion to scrub
    Reuters, Bloomberg, AFP  -  642 words
  • 726 1  -  EMILYN YAP Portfolio size shrinks to $127b from $185b; GIC returns also likely to fall By [SINGAPORE] The global financial meltdown cost Temasek Holdings a $58 billion paper loss in eight months, the government revealed yesterday. And the Government of Singapore
    726 words
  • MARKETS DIGEST
    • 46 1 uesi lay lange 1 COMP 903.52 +6.88 IIKKEI225 7,945.94 -23.09 1ANG SENG 13,880.64 +111.58 ;et index 443.17 -1.22 JAKARTA COMP 1,332.13 -10.10 1ANILA COMP 1,917.57 -33.89 ;eoulcomp 1,198.87 -3.82 ;henzhenb 317.20 +8.59 IUMBAI IND 9,647.47 +63.58 11AM EST Change )OW 8,103.45 -167.42 IASDAQ 1,565.81 -25.75
      46 words
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.88 HONG KONG 5.00 INDONESIA 16.396 TAIWAN 6.316 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.53 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • 48 1 uss SS US$ (S$ per US$) 1.498 (US$/S$ per 1.485 2.225 EURO (US$/S$/E) 1.288 1.930 Foreign currency per US$ S$ 'EN 91.40 61.00 RM 3.589 2.395 HK$ 7.753 5.174 BAHT 35.03 23.38 RUPIAH 11,823 7,891 RENMINBI 6.833 4.560 INDIAN RUPEE 48.67 32.49 1.492 0.996 NZ$ 1.868 1.247
      48 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 63 1 PROPERTY CHINA HEK^ *S EXEC MONEY TRANSPORT HUB r So who's launching Inflation hits j Managed futures OSV market: S'pore firms newcondos? 30-year low BBPlifci survive carnage in the box seat ,QP!L PAGE 9 PAGE 12 PAGE 28 PAGE 16 1 fc^-iLi I've cleared my name.' ex-remisier Peter Lim High
      63 words
    • 33 1 SIA Q3: down 43% to $337 m PAGE 2 NOL Q4: loss of USsl49m PAGE 3 SINGTEL Q3: down 16% to $799 m PAGE 4 STARHUB Q4: down 11 to $87m PAGE 4
      33 words

  • TOP STORIES
    • 839 2  -  YEN SREENIVASAN Profits fall, but airline dodges losses that were projected from fuel hedging By [SINGAPORE] When it comes to Singapore Airlines, analysts can often find themselves embarrassingly off the mark. SIA once again confounded critics who had made dire predictions of massive fuel
      FILE PHOTO  -  839 words
    • THREE-MINUTE DIGEST
      • 68 2 THE global financial meltdown cost Temasek Holdings a $58 billion paper loss in eight months, the government revealed yesterday. And the Government of Singapore Investment Corp's portfolio is expected to yield a lower than average return this year. But despite the
        68 words
      • 76 2 SINGAPORE Airlines again confounded critics who had made dire predictions of massive fuel hedging losses by unveiling, instead, a $191 million fuel hedging gain for the first nine months of its financial year. For the third quarter ended December, net profit fell 47 per
        76 words
      • 93 2 THE High Court yesterday dismissed a defamation lawsuit taken by ex-remisier king Peter Lim against the current owners of Raffles Town Club. Justice Chan Seng Onn ruled that the defendants, Lin Jian Wei and Margaret Tung, had defamed Mr
        93 words
      • 68 2 HIT by weaker regional currencies, Singapore Telecommunications posted a 16 per cent fall in net profit from a year ago to $799 million for the third quarter ended Dec 31, 2008. Still, Sing Tel noted that Q3 was "one of its best
        68 words
      • 106 2 A 17 per cent surge in pay-TV revenue and single-digit sales growth across three other business lines lifted Star Hub Ltd to a record full year revenue of $2,128 billion for its fiscal year 2008. But increased acquisition and retention costs
        106 words
      • 79 2 DEVELOPERS of at least six mass-market private condos could release their projects in the next few months, riding on buying momentum generated lately by the Caspian condo near Jurong Lake despite the recession. Property consultancy CB Richard Ellis tips Oasis
        79 words
      • 46 2 A SIGNIFICANT drop in investments is on the card for Malaysia this year after the country attracted a record RM63 billion (5526.3 billion) in manufacturing investments last year, almost 75 per cent of which came from foreigners. MALAYSIA/INDONESIA, PAGE 11
        46 words
      • 73 2 INFLATION at the consumer level in China fell to a 30-month low in January, giving the central bank plenty of room to cut interest rates further to support the economy and stave off the threat of deflation. Annual consumer price inflation slowed to one per
        73 words
    • 618 3  -  CHEW XIANG RAFFLES TOWN CLUB Judge says they've bled the company; Lim says he has cleared his name By [SINGAPORE] The High Court yesterday dismissed a defamation lawsuit taken by ex-remisier king Peter Lim against the current owners of
      618 words
    • 614 3  -  VINCENT WEE Deficit is reversal from USsl96m profit a year earlier By [SINGAPORE] The economic and financial tsunami that swept the world exacted a heavy toll on Neptune Orient Lines (NOL), with the national shipping line yesterday posting a fourth-quarter net loss of
      614 words
    • 633 3  -  LEON HADAR COMMENTARY IN CASE you have been gripped by a sense of nostalgia for the high political drama of the 2008 US presidential race, the current fight in Washington over the economic stimulus plan being promoted by the Obama administration and challenged by Republicans could
      633 words
    • 846 3  -  ARTHUR SIM Smaller developers show the way while larger ones look to them for cues By [SINGAPORE] Sales in the property market may have been dismal in the last few months but some bold developers have continued with launches, registering sales and perhaps
      846 words
  • Page 2 Advertisements
    • 411 2 Goods and Services Tax (GST) Seminar Budget 2009 GST Changes and Updates Date Want to keep abreast of the latest developments in GST and be aware of Thursday, 12 March 2009 the common pitfalls? I ime Tjjjg one-day seminar covers the GST changes announced in Budget 2009 9.00 am to
      411 words
    • 179 2 K^ NANYANG k&^B TECHNOLOGICAL UNIVERSITY b-b— Nanyang Business School NANYANG PROGRAMME Transforming the Next Generation of Asian Leaders INTERNATIONAL Management fl jk Programmes at MIT Sloan and Wharton f H Lt-fl i« f BUSINESS Study Missions to T leading corporations overseas m m*^ LEADERSHIP Series to facilitate A X^^ I
      179 words


  • COMPANY NEWS
    • 622 4  -  LYNETTE KHOO It is feeling the impact of the global downturn; affirms FYO9 guidance Reports by HIT by weaker regional currencies, Singapore Telecommunications posted a 16 per cent fall in net profit from a year ago to $799 million for the third
      622 words
    • 203 4 SINGTEL is on the lookout for acquisition opportunities and as usual is keen to raise its stakes in regional associates. "We are in a very strong financial position that will put us in a good position to look for acquisition opportunities," said group
      203 words
    • 597 4  -  ONG BOON KIAT By A 17 per cent surge in pay-TV revenue and singledigit sales growth across three other business lines lifted Star Hub Ltd to a record full year revenue of $2,128 billion for its fiscal year 2008. But
      597 words
    • 374 4  -  ARTHUR SIM By METRO Holdings has reported a net profit of $557,000 for the third quarter ended Dec 31, 2008, down 97.5 per cent from $21.8 million a year ago. Metro, which has moved into property investment and development in China, attributed the fall
      374 words
    • 522 4  -  UMA SHANKARI CAPITALAND and its listed retail trust Capita Mall Trust (CMT) announced massive rights issues on Monday. But while Capita Land's $1.84 billion one-for-two rights issue has been well-received by analysts and the market, CMT's $1.23 billion nine-for-10 rights offer has not
      Bloomberg  -  522 words
    • 487 4  -  JAMIE LEE IT'S every shopaholic's dream: a 45 per cent discount on a rights share for every two shares held. The bearer of such a bargain was Capita Land, which announced on Monday a l-for-2 rights issue at $1.30 per rights
      487 words
    • 394 5  -  JOYCE HOOI Product revenue drops 42% from USsB2m to USs47m By GEMS TV Holdings, a UK-based manufacturer and TV home shopping retailer of coloured gemstone jewellery, announced less-than-sparkling quarterly results yesterday. The mainboard-listed company reported a net loss of U5518.52 million for the
      394 words
    • 268 5  -  LYNETTE KHOO By THE Singapore Exchange (SGX) has fined trading member UOB-Kay Hian $115,000 over poor administration of an examination for trading representatives (TRs), which also led to leaked exam questions. The exam was designed to ensure that trading representatives are familiar with a new
      268 words
    • 505 5  -  OH BOON PING By SINGAPORE container company Goodpack yesterday reported a 1.3 per cent year-on-year drop in net profit to US$B.2 million for the second quarter to end-December, despite a 13.4 per cent rise in turnover to U5527.7 million. On a half-year basis,
      505 words
    • 377 7  -  JAMIE LEE Chinese and Indian firms dominate BCG's top global challengers list By MORE than half of emerging companies in rapidly developing economies are based in Asia, Boston Consulting Group (BCG) says in a report on the top 100 "global challengers". The
      377 words
    • 255 7  -  HANNAH 001 By DUBAI'S Palm Monorail will be operated and maintained by SMRT Engineering (Middle East) FZE, also known as SMRTE. Dubai master developer Nakheel has signed a sixyear contract with SMRTE, a wholly owned subsidiary of Singapore's SMRT Corporation, worth
      255 words
    • 158 7  -  ZEINAB YUSUF By SINGAPORE Exchange (SGX) is introducing a work attachment programme for fresh graduates. For the 12 months from April 2009 to March 2010, SGX will recruit up to 50 new graduates for each half-year working stint. They will be paid an allowance
      158 words
    • COMPANY BRIEFS
      • 69 7 KEPPEL investment unit kl Ventures reported net profit of $2.05 million and $5.92 million for its second quarter and half year ended Dec 31, 2008, respectively, compared with $25.9 million and $29.1 million a year ago. This came as revenue from continuing operations
        69 words
      • 49 7 HOSEN Group Ltd has warned of a net loss for FY2OOB. This resulted from one-off expenses arising from transaction costs associated with the proposed acquisition of More Winner Investment Ltd (MWIL) and allowance for impairment loss on the loan to MWIL.
        49 words
      • 66 7 JES International Holdings said that it expects to record a loss for the quarter ended Dec 31, 2008. The loss was attributed to a rise in the cost of production and the depreciation of the US dollar against the yuan. The
        66 words
      • 41 7 ENERGY player AusGroup said that net profit decreased 11 per cent to Aslo.B million (5510.9 million) in the half year ended Dec 31, 2008. Revenue grew 29 per cent to A 5260.5 million.
        41 words
    • 122 7 yidlll-C Fu y ear enc ec Dec 2008 Three months ended Dec 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS (Sim) —(Sim) %CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS (S$m) (S$m) CHNG 1 StarHub 311.30 330.30 -5.8 2,127.60 2,013.70 5.7 87.40 98.30 -11.1 536.70
      122 words
  • Page 4 Advertisements
    • 1107 4 V*^ kA^^rT/nr r> To"free: 180°-289-8822 w l^kll r^ Email:notices@s Phcoms9 _1_ V^-/ J_ -L V-^ -I—(kJ www.cats.com.sg IN THE MATTER OF IN THE MATTER OF THE UNITED INDUSTRIAL CORPORATION LIMITED THE COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. SO (Co. Reg. No. *****0181E) ANDINTHEMATTEROF AND (Incorporated in the Republic of
      1,107 words

  • Page 5 Advertisements
    • 107 5 fl I Iff Connected >SSllV^^^|\ The Concourse with its 8-sided octagon or 'vVip (Ba Gua) design may just be the place where your business can flourish. It's located just outside the GBD, next to the future Nicoll Highway MRT Station, and easily accessible via the AYE and ECP. Being moments
      107 words

  • SINGAPORE MARKETS
    • 940 6  -  LARRY WEE CURRENCIES Has too much been already priced into an Obama/Geithner rescue package? CURRENCIES that were looking so weak just before the Chinese New Year break have impressed and surprised on the topside over the past three weeks. The close-ly-watched Baltic
      940 words
    • 98 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 6 6 5 0 0 0 6 6 5 lanufacturing 30 35 52 31 37 60 Commerce 13 16 12 13 18 16 )t/Stor/Comms 18 18 ■inance 15 13 10 15 13 10
      98 words
    • 108 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 25,037 25,037 36,150 36,150 Manufacturing 169,702 20,236 189,938 92,265 414 92,678 Commerce 31,302 3,351 34,653 36,377 489 36,867 Tpt/Stor/Comms 62,000 50 62,050 130,863 130,865 Finance 32,237 32,237 235,514 235,514 Construction 10,271 63 10,334 626 629 Pro, )erties 122,447 122,447
      108 words
    • 43 6 Stock name Close Chani Capita Land 2.630 +0.270 .apr .osco .orp mp ien' len tgn Ia~7( line Fppel .orp jppel .am tod name lose lani Noble Grp 1.210 +0.040 :ngg :ngg >eml .orp >eml >ing I mar 'anl Tori
      43 words
    • 230 6  -  JAMIE LEE Capita Land, Feb 10 close: $2.63 KIM ENG RESEARCH, Feb 10 CAPITALAND announced a l-for-2 renounceable rights issue to raise $1.8 billion, priced at $1.30 per rights share a 54 per cent discount to the post-rights net tangible assets of $2.81 per share. The rationale includes
      230 words
    • 601 6  -  R SIVANITHY STOCKS MARKETS everywhere appear to have entered a "wait-and-see" holding pattern, founded on hope that the new US government's proposed stimulus package will rescue them from the 15-month bear phase they find themselves stuck in. But at the same time, they are hampered by
      601 words
    • 87 6 Where S$ stands Feb 10 %CHNG CLOSE FR Feb 9 YR 2008/2009 S$ LOW S$ HIGH USS 1.4995 -0.20 1.5346 1.3457 Euro 1.9389 -0.32 2.2064 1.8640 Pounds 2.2175 0.02 2.8431 2.0356 AS 0.9970 0.74 1.3251 0.9068 Yen* 1.6447 -0.54 1.7278 1.2619 Rupiah* 0.***** 0.10 0.***** 0.***** Baht* 4.2843 -0.23
      87 words
    • 62 6 Feb 10 VALUE CLOSE BT OB/OS -98.00+105.0 BT CADI -*****.00 +4.0 BT 10-day MA -*****.00 -10.00 FTSE ST Mid Cap 343.58 -1.85 FTSE ST Small Cap 281.53 +1.17 FTSE ST All Share 407.71 +3.66 FTSE ST China Top 185.67 +0.41 FTSE ST China 181.30 +0.30 UOB Catalist
      62 words
    • 64 6 VOLUME Capita Land 85,216,000 Golden Agri 61,762,000 Chart SemiCond 55,807,000 Sing Tel 30,489,000 Capita Mall 25,490,000 Straits Asia 17,985,000 Noble Grp 15,913,000 Carrier Net 15,874,000 Biosensors 15,216,000 DBS MBL eCW*****2 12,880,000 VALUE(S) Capita Land 214,713,420 UOB 98,312,072 DBS Grp 79,444,460 Sing Tel 74,537,315 Capita Mall 34,948,540 S
      64 words
    • 102 6 CLOSE UP JMH 1990 101.8 3.5 OCBC Bk5.1%NCPS 100 9190 60.0 0.7 MS India 10US$ 769 50.9 4.' JSH 1058 41.9 2.7 Cai i Land 263 27.0 11.. OCBCCai 5.1%NCPS 100 9200 20.0 0.2 India Ni 10 916 16.0 1.: Cifr 530 14.0 2.7 F&N 288 12.0 4.3 B
      102 words
    • 110 6 BY CENTS CLOSE DOWN GLD 10US$ 8788-179.7 -1.3 OUE 899-151.0 -14.4 STXPO 100 1050-106.0 -9.2 Straits Trdi 400 -99.0 -19.8 DBS Bk6% NCPS 10 9680 -20.0 -0.2 UOB 5.05%NCPS 100 9480 -20.0 -0.2 DBS 500 818 -10.0 -1.2 H Plaza 103 -10.0 -8.8 Cai lall 136 -9.0 -6.2 Wilmar
      110 words
  • Page 6 Advertisements
    • 196 6 Test drive the new City Index CFD Platform. We're confident we've a better way to trade CFDs, we're giving you 2 weeks free to find out. Take advantage of our FREE 2-week demo and trade in a risk-free environment. We'll even give you SGDSIO,OOO of virtual money which you can
      196 words

  • Page 7 Advertisements
    • 66 7 MIIIIIIMIBM MATS I i I^. N. I^T"\ X^^-A/ /N-X'1 y rlfj^^l I jf -a Motors Limited "I^VA gJ^2t^yE^O^3^^^Btt MQ 3yC pml.com.sg Driving Pleasure Performance Motors Limited. Sime Darby Performance Centre, 303 Alexandra Road. Tel: 6319 0100. Sime Darby Centre, 896 Duneam Road. Tel: 6319 0500. East Coast Centre, 280 Kampong
      66 words

  • SINGAPORE NEWS
    • 668 8  -  LEE U-WEN YESTERDAY IN PARLIAMENT EDUCATION Education budget up 5.5 per cent at $8.7b, to rise to $11b by 2013 Reports by DOWNTURN or not, Singapore must and will continually invest in building up its human capital by spending on education, says Education Minister
      668 words
    • 408 8 THE private education sector will come under closer scrutiny once the Private Education Bill, to be moved in the second half of this year, is passed by Parliament. Updating the House on the latest developments to provide powers to better regulate private institutions, Education Minister
      408 words
    • 242 8 THE Central Provident Fund board will continue to pay 2.5 per cent interest per annum for Ordinary Account (OA) savings from April 1 to June 30. The board said yesterday that although the computed interest rate derived from the rates of major local banks for
      242 words
    • 251 8  -  CHEN HUIFEN HEALTH Workplace health to be promoted through prevention, education By A TRIPARTITE committee is looking at giving small and medium-size enterprises (SMEs) more funding support to carry out health programmes for their employees. Revealing the plan yesterday, Senior Parliamentary Secretary
      251 words
    • 355 8  -  EMILYN YAP FINANCE By SINGAPORE is studying and may endorse the standard for transparency and effective exchange of tax information established by the Organisation for Economic Co-operation and Development (OECD), Senior Minister of State (Finance and Transport) Lim Hwee Hua told
      355 words
    • 391 8  -  LEE U-WEN By WHEN an economic downturn hits, it is natural to expect some bosses to rank fair employment practices way down their list of priorities. But Acting Manpower Minister Gan Kirn Yong reckons the principles of fair employment are relevant to all
      391 words
    • 647 9  -  KALPANA RASHIWALA All but one of these private condo projects are on 99-yr-leasehold sites By DEVELOPERS of at least six mass-market private condos could release their projects in the next few months, riding on buying momentum generated lately by the
      647 words
    • 121 9 The pact will cover banking and insurance A MEMORANDUM of Understanding (MOU) has been signed between the Monetary Authority of Singapore (MAS) and Germany's prudential regulator of financial institutions, BaFin. BaFin, the Federal Financial Supervisory Authority of Germany, formalised supervisory cooperation with the
      121 words
    • 524 9  -  RONNIE LIM Its interest is shown in bids for Tuas and Senoko Power in '08 By INDIA'S GMR Infrastructure the new 50 per cent shareholder of Intergen is understood to be spearheading the international power group's push to restart its long-stalled $1
      524 words
    • 201 9  -  VICTOR KATHEYAS By THE Singapore Environment Council (SEC) has signed a memorandum of understanding with the World Environment Centre (WEC) to conduct a series of roundtable discussions on sustainable and green business practices. The first session, on the "green supply chain", will
      201 words
    • 342 9  -  RONNIE LIM By AMIDST the current petrochemicals slump, an Abu Dhabi producer is already gearing up for the upturn by setting up a regional logistics hub in Singapore to handle increased exports to Asia especially with its new US$l.3 billion petrochemical complex starting
      342 words
    • SINGAPORE ROUNDUP
      • 36 9 THE JP Morgan Corporate Challenge is back. This year's race takes place on April 16. The entry fee is $50 per entrant. Online registration is open at www.jpmorganchasecc. com
        36 words
      • 42 9 DEEPAVALI will fall on Oct 17 instead of Novls as announced earlier, the Government said yesterday. Since Deepavali is no longer on Nov 15, a Sunday, the following day will no longer be a public holiday.
        42 words
      • 40 9 THE first sports degree here is now available at Nanyang Technological University (NTU). The four-year, direct honours programme aims to facilitate the growth of the sports and leisure industry in Singapore and the region.
        40 words
  • Page 8 Advertisements
    • 1385 8 I IN THE MATTER OF THE COMPANIES ACT CAP. 50 IN THE MATTER OF C.K. TEOH PTE. LTD. (IN MEMBERS'VOLUNTARY UQUIDATION) At an Extraordinary General Meeting of the FTINTERNATIONALNICKELINDONESIATbk HM^tffiTnffi I Singapore *****8 on 3rd February 2009 at NOTICE OF EXTRAORDINARY GENERAL l^w^^fe^ MEETING OF SHAREHOLDERS resolved 11. That the
      1,385 words

  • Page 9 Advertisements
    • 297 9 B PHOENIX J Make an affordable call \V *^**7^^ N^^^ 3 china l\ Hong Kong II \l/"~ Malaysia sfcs,/^ New Zealand T^PLj2-,rjKL-> B South KoreT X. 1 f/\ s^J Taiwan 1 y^ UK I B USA \k Ul™3£trafeinM Call 6838 1516 or register online I ■^regstrano www.phoenixcomms.com.sg BwvE The University
      297 words

  • ECONOMY WATCH
    • 521 10 Reuters EU Commission against idea of a 'bad bank' to buy up toxic assets [BRUSSELS] Bank shareholders and creditors should bear the brunt of toxic asset bailouts by European Union governments, and banks should be given a six-month window to enrol to such
      ■ Reuters  -  521 words
    • 452 10 AFP, Reuters [TOKYO] Finance chiefs from the Group of Seven nations are expected to discuss the "Buy American" clause in a US economic package when they meet this week, Japan's Finance Minister Shoichi Nakagawa said yesterday. G-7 finance ministers and central bankers will
      AFP, Reuters  -  452 words
    • 563 10 -Heaters The Nikkei said a banking lobby group asked for govt help [MOSCOW] Russia denied seeking to restructure as much as US$4OO billion in companies' foreign debts yesterday after a Japanese newspaper said a local banking lobby group had asked the government to help negotiate
      -Heaters; BLOOMBERG  -  563 words
    • 643 10 NYT [WASHINGTON] Financial institutions in the United States probably need hundreds of billions of dollars in additional assistance, and one congressman wants to harness state and local pension funds to help them. Rather than rely more heavily on the Treasury, which has
      NYT  -  643 words
  • Page 10 Advertisements
    • 210 10 ■;'■■'■■'.v.:;: 'V.'.'.'.v.v.v ■■:.;;.;.;.;-''':'.^^^^^^^^?r!^^'^';3^;;--^^^H"U;; A pocket projector at $499? Only when you subscribe to Pulses, the investment monthly Just insert your SD card and project! No need to carry /S^to^^^^ your laptop or lug a cumbersome projector to your next l£ft Mfc presentation. The Cool Life Pocket Theatre MP 100 UmJdlfffjl
      210 words

  • MALAYSIA/INDONESIA
    • 531 11  -  PAULINE NG XL banking on services to pick up some of the slack, as even domestic investors hold back By in Kuala Lumpur A SIGNIFICANT drop in investments is on the card for Malaysia this year after the country attracted a record RM63 billion
      531 words
    • 276 11 Reuters [JAKARTA] Indonesia's export growth is expected to slow sharply this year amid the global downturn, Trade Minister Mari Pangestu warned yesterday, delivering a further blow to South-east Asia's biggest economy during an election year. Ms Pangestu said growth in total exports will slow
      Reuters; AP  -  276 words
    • 514 11  -  S JAYASANKARAN Opposition dubs them referendum on govt's Perak move By in Kuala Lumpur JUST when Malaysia's ruling Barisan Nasional (National Front) coalition thought it was out of the political woods, two by-elec-tions are looming that could dent its credibility and bolster the Opposition's
      514 words
  • Page 11 Advertisements
    • 1543 11 V«^ fTrV^TT/nrP Tollfree:1800-289-8822 w |\l I l-( Email: notices@sph.com.sg JL^I V^>^ X I V,_^ 1 t,_l www.cats.com.sg ASIAp/iami ASIAPHARM GROUP LTD. (Incorporated in Bermuda) (Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting ("SGM") of Asiapharm Group Ltd. (the "Company 1') will
      1,543 words

  • GREATER CHINA/INDIA
    • 600 12 Reuters Low January reading of 1% gives central bank room for more interest rate cuts [BEIJING] Inflation at the consumer level in China fell to a 30-month low in January, giving the central bank plenty of room to cut interest rates further to support the
      ■ Reuters; AFP; China's National Bureau of Statistic, AP  -  600 words
    • 376 12 Reuters Directive to officers, employers comes after 20m lose jobs [BEIJING] China must push job creation as an even higher priority in setting economic policy, the government said yesterday, laying down rules for employers and officials to deter potentially volatile mass sackings. The directive
      – Reuters  -  376 words
    • 573 12 Reuters [KUALA LUMPUR] China's central bank chief yesterday played down hopes in the West that a drive by China to save less and spend more might help revive flagging global growth. China's sky-high savings rate is a function of deep-rooted social and cultural
      – Reuters; BLOOMBERG  -  573 words
    • 223 12 AFP [MUMBAI] Indian gamblers are staking big money on Slumdog Millionaire winning the best picture, best director and best music awards at this year's Oscars, a report said yesterday. The Economic Times said that an estimated one billion rupees (5530.7 million) was riding
      AFP  -  223 words
    • 372 12 Reuters [NEW DELHI] India should end state control on fuel prices, taking advantage of the sharp fall in crude oil costs, a top policy adviser said on Monday. Industry officials said India should emulate rival China, which cut fuel prices and unveiled long-awaited
      – Reuters  -  372 words
  • Page 12 Advertisements

  • ASIA-PACIFIC/WORLD
    • 597 13 Reuters, AP 2,000 more jobs to be cut; structural changes to refocus bank's business [ZURICH] ÜBS posted the biggest ever annual loss for a Swiss firm yesterday, but said that client withdrawals reversed last month. The bank will
      Reuters, AP  -  597 words
    • 315 13 -AFP [BANGKOK] Thai Prime Minister Abhisit Vejjajiva yesterday pledged that a summit of South-east Asian nations this month would mark a "new chapter" for the region, despite a run-up plagued by delays and protests. The Association of South-east Asian Nations (Asean) summit
      -AFP  -  315 words
    • 443 13 Reuters [TOKYO] Aozora Bank yesterday warned that its annual net loss would widen to US$2.l billion, and it replaced its chief executive as it aims to forge a less risky strategy focused on commercial lending in Japan. A mid-sized Japanese bank majority-owned
      Reuters; BLOOMBERG  -  443 words
    • 511 14 -NYT [NEW YORK] Setting up an obvious battle with Google and another possible one with Apple in the fast-grow-ing electronic book business, Amazon.com on Monday introduced the Kindle 2, a new version of its popular e-book reader. The announcement strengthens the bid by Amazon
      -NYT; BLOOMBERG  -  511 words
    • 408 14 LAT-WP [WASHINGTON] The chairman of the powerful Senate Judiciary Committee on Monday called for a bipartisan "truth and reconciliation" commission to investigate potential wrongdoing by Bush administration officials in the war on terrorism. Democratic Senator Patrick Leahy said such an inquiry by well-qualified
      LAT-WP  -  408 words
    • 445 14 NYT, Critics say her unit failed to detect, prosecute corporate improprieties NEW YORK] Signalling that it is time for a new cop to walk the Wall Street beat, the Securities and Exchange Commission accepted the resignation on Monday of its top enforcement
      NYT,  -  445 words
    • 341 14 AP Deal needs approval of judge on case; could force him to pay civil fine, return money [WASHINGTON] The Securities and Exchange Commission on Monday announced an agreement with money manager Bernard Madoff that could eventually force him to pay a civil fine and
      AP  -  341 words
    • 420 14 AP, AFP, Reuers [WHEALESVILLE, Australia] Authorities searching for answers to the carnage from the worst wildfires in Australia's history said yesterday they would rethink policies that allow residents to decide for themselves whether to evacuate their homes. An official said he
      AP, AFP, Reuers; AP  -  420 words
  • Page 13 Advertisements
    • 224 13 HERE'S your opportunity to come face to face with investment guru Dr. Marc Faber. Renowned for his contrarian investment philosophies, the editor and publisher of the widely read The Gloom Boom Doom' report will share further ft IA II ft^ IE \A/ITI ftD AAAO^IEADED insights on strategies to weather the
      224 words

  • Page 14 Advertisements

  • WORLD
    • 627 15 neuters Declining demand prompts it to reduce output by 4.2 m barrels per day [LONDON] Members of the oil cartel Opec have delayed 35 oil projects to expand the group's supply, its secretary general said on Monday. Oil's record plunge has reduced their
      neuters  -  627 words
    • 395 15 -AP [LAS VEGAS] Goldman Sachs Group Inc has moved a three-day conference from the Las Vegas Strip to San Francisco amid what the bank is calling a broad review of its activities. Goldman, which has accepted US$lO billion in federal bailout funds,
      -AP  -  395 words
    • 251 15 Bloomberg [NEW YORK] JPMorgan Chase Co chief executive officer Jamie Dimon would like to repay the US$25 billion his bank got from the US government "as soon as possible", according to Citigroup analyst Keith Horowitz. "He expressed confidence that JPMorgan will be among
      – Bloomberg  -  251 words
  • Page 15 Advertisements
    • 207 15 airmont oincapore s BifffflffJl^ Ml Valentine s Specials I [1 PJi Rflj HB SB najSji Love Bites G* /f I Br^S l£f |^j ROMANCE WjjM B|M|MHl|i|H C/ icOVv' J "dw/ '^kff? *^V_s" S■ Ie c* l^i l"^l^ L* Ciller I C*****113l y lcbTT 12^1 OOLll^l^^" "^%^,jK^Jbr V^t /3' v-i»» r
      207 words

  • TransportHUB
    • 626 16  -  VINCENT WEE This is because they are owner-operators and even builders, says industry expert By SINGAPORE companies in the offshore supply vessel (OSV) market will be hit by the economic downturn but are in the box seat as far as market action
      FILE PHOTO  -  626 words
    • 470 16 Bloomberg [NEW YORK] Dry Ships Inc, a transporter of raw commodities such as iron ore and coal, negotiated a covenant waiver on an US$BOO million loan with Nordea Bank AB, its second refinancing in a week to restructure payment of debt. Dry Ships
      Bloomberg  -  470 words
    • 489 16  -  VINCENT WEE By WORLD Shipping Council (WSC) president and CEO Christopher Koch has told a US Congress committee that pirate attacks on commercial ships in the Gulf of Aden are a serious threat that can only be answered by a coordinated and sustained
      REUTERS/BLOOMBERG  -  489 words
    • TRANSPORT STOCKS
      • 102 16 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.27 0.19 0.86 0.33 0.66 0.40 ....unch 0.63
        102 words
      • 31 16 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd unch 8.70 8.50 2.79 2.44 0.02 unch 0.15 unch 0.04 0.02 unch 0 41 600 2203 4 125
        31 words
      • 12 16 '00 ■recious Ship Jegional Cont 13.80 7.05 0.70 1883! 0.40 8121
        12 words
      • 6 16 '000 toil .19.38 -0.24 711
        6 words
      • 20 16 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.10 11.25 unch unch unch -0.75 unch unch 31" 79!
        20 words
      • 18 16 Evergreen Marine ....13.45 :irst Steamship 34.90 ManHai Lines 13.80 r"ang Ming Marine ....9.54 0.25 0.85 0.25 0.14
        18 words
      • 38 16 '000 'en :awasaki Hvylnd ..171.00 2.00 7275 :awasaki Kisen 390.00 -5.00 5842 /litsubishi Hvy 312.00 -4.00 ***** /litsui Eng&Sbldg ..153.00 7.00 6761 /litsui Osk Lines 602.00 -6.00 ***** lippon Express 327.00 -2.00 2446 lipponYusen 490.00 -16.00 8061
        38 words
    • 989 16  -  MARIANNE CHOO Companies should send their staff for high-quality SSA courses during the downturn By IT'S Catch-22 for some companies when it comes to staff training. In good times, business is so brisk that it is all hands on deck (pardon the pun).
      989 words
    • TRANSPORT HUB: SHIPPING
      • 800 17  -  DAVID HUGHES STRAIT TALK By LAST November, the International Maritime Organization (IMO) took the decisive step towards making the use of electronic charts mandatory on commercial vessels. The move was probably inevitable and for the best. You will note, however, my use of the would
        800 words
      • 656 17 Reuters Storing bumper grain crops at sea pushing rates up [SINGAPORE] The surge in a global benchmark freight index may say as much about the bearish conditions of some underlying commodity markets as it does about the bullishness of a global economy still feeling
        Reuters  -  656 words
      • 305 17 Reuters [AMSTERDAM] The port of Rotterdam has agreed to target a 10 per cent reduction in polluting emissions in a deal ending a drawnout legal battle with environmentalist group Friends of the Earth over the port's expansion. The Rotterdam port, Europe's largest harbour,
        ■ Reuters; REUTERS  -  305 words
      • 245 17 Reuters [DUBAI] The pace of handysize fleet growth will be moderate because of the impact of the global economic crisis, Robert Haggquist, a dry-bulk freight analyst with shipping services company Clarksons, said yesterday. Handysize vessels (under 40,000 dwt) are often used for shipping sugar,
        Reuters  -  245 words
    • 574 18 Developers can no longer get bank loans to pay for multi-year leases [NEW YORK] The outlook for US road and airport privatisations has dimmed as developers can no longer get the bank loans they need to pay states and cities huge upfront sums in return
      574 words
    • 350 18  -  YEN SREENIVASAN In return, Indonesian Air Asia will start flights to Singapore By [SINGAPORE] Indonesia has opened the door to a Singapore-based budget carrier to operate to at least two of its major entry points. The beneficiary is Singapore Airlines' low-cost
      FILE PHOTO  -  350 words
    • 2617 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,617 words
    • 372 18 Bloomberg [WASHINGTON] US airlines' on-time arrival rate in December was the third lowest in the 14 years records have been kept, as storms interrupted holiday operations. The 65.3 per cent on-time rate for the month was higher only than the
      Bloomberg  -  372 words
    • 486 18 -AP, Bloomberg [CHICAGO] Airplane maker and defence contractor Boeing Co has lowered its reported fourth-quarter and fiscal 2008 earnings per share results by four US cents per share, citing lower aircraft values in its customer financing portfolio and increased liabilities linked to
      -AP, Bloomberg  -  486 words
    • TRANSPORT HUB: LAND
      • 540 19 Bloomberg Reordering due to 37% slide in US car sales in Jan against 14% dip in China [BElJlNG] China vehicle sales topped the US's for the first time last month, as economic growth, price cuts and government support tempered declines in
        ■ Bloomberg; AP  -  540 words
      • 225 19 AP [NEW YORK] Fed Ex's freight unit says it will lay off 900 employees, saying that sluggish demand has declined further so far this year. FedEx Freight, a subsidiary of FedEx Corp, said the unit is not gaining market share fast enough
        AP  -  225 words
      • 577 19  -  SAMUEL EE By SUBARU has grown its sales here every year for the past 10 years. And despite the tough economy this year, authorised distributor Motor Image Enterprises expects sales to exceed those in 2008. Just. The sporty Japanese make is the only marque
        577 words
      • 440 19 Reuters He sees 20% drop in marque's 2009 sales, more pain in 2010 [PARIS] The car industry is caught up in a catastrophe that has spread across the globe as even the key emerging markets that manufacturers had banked on for growth
        – Reuters  -  440 words
      • 418 19  -  SAMUEL EE It also targets those who bought from parallel importers By BOOSTED by the success of its Star Black service centre for Mercedes-Benz and BMW cars, Singapore Technologies Kinetics has cast its net wider to include Japanese marques. Its new Star J
        418 words
      • 566 19 ■AP [DETROIT] Bob Lutz, America's ultimate car guy and the Swiss-born man credited with leading wild success at Chrysler in the 1990s and a near-complete overhaul of General Motors Corp's vehicle lineup, has decided to retire from the business at the
        ■AP  -  566 words

  • Page 17 Advertisements
    • 1 17 <_3
      1 words
    • 204 17 Announcing the Ist I 111 H Transportation Conference Exhibition 17 18 February, 2009 Suntec Singapore International Convention and Exhibition Centre, Singapore J^H^^Hfl E^BmlK__£j I I tiJ^^L^K^^M rCwCJ' J ■Qwi^^^^^^^^^MuliMi Asia's role as an up-and-coming economic power is similar to that of North America a century ago, or of Europe two
      204 words

  • Page 18 Miscellaneous
    • 598 18 ■_M _n.-. J. J1 r, r-, m-■■ ■■m'f KJ X W^^^^mtXmW M■« I 1 I T I IV- V- FWJ JJWW\J FK LA ArDHCC ACROSS p. ra r t.nt tn \oSMO nilh M I UJ.e .eIUCTa.IT TO leaVe pUD 7 n „mo Alor nnccihl\/^ i&\ F^^ AleC pOSSIDiyM». 7 C
      598 words


  • EDITORIAL & OPINION
    • 464 20 IT might not have got the attention and media play of Budget 2009's big-ticket items, but the package of initiatives aimed at boosting innovation is hugely significant nonetheless. The impact of these initiatives could mean the difference between a Singapore that comes out of the
      464 words
    • 1089 20  -  CARLOS NICHOLAS FERNANDES One option for govts to help clean-tech initiatives is to subsidise and invest in them By DISRUPTIVE innovations are frequently driven by low-cost, good-enough solutions that change the economics of delivering a product or service. By delivering value in a
      REUTERS  -  1,089 words
    • 771 20  -  ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE IF this were a movie, we'd call it "TARP, the Sequel". The Obama administration will soon unveil its plan to bolster the US financial system. Given the widespread revulsion against financial "fat
      The Washington Post Writers Group  -  771 words
    • 1676 21  -  ANTHONY ROWLEY Known for its engineering prowess, the group is moving into commercial jets, but there are marketing challenges SOME years ago, Tokyo governor Shintaro Ishihara lobbied for the launch of a pan-Asian aerospace consortium, in which companies from around Asia would come together under Japan's leadership
      BLOOMBERG  -  1,676 words
    • 767 21  -  RICHARD BEALES EDWARD HADAS By and EXECUTIVE pay is a hot topic, and not only because US President Barack Obama has capped pay at US$5OO,OOO in banks receiving massive government aid. Lavish rewards for corporate honchos are suddenly stirring popular fury. Company bosses should be
      767 words


  • SINGAPORE STOCKS
    • 8555 22 Transaction date: Feb 10 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 9 3 3148 8Telecom 12.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 19 6 1938 AEICorp 10 1 1100 AEM 26 7 2101 APOil
      8,555 words
    • 1783 23 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
      1,783 words
    • 73 23 52-Wk Tel h Low Code Last Sale Vol COOO) Day 111 Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap Smil _Hm Comi _Hm ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 IS S&P500 ***** ***** 6170 SPDRS
      73 words
    • 74 23 52-Wk Tel High Low Code Last Sale Vol Cooo] Day |h Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an' Hii 88 30.5 6000 AVJennings 12 4 6134 Over&Gen 27 6 6017 StarCruises 248 104 6019 TanChonglnt A33 A8 USS HK107 unch unch
      74 words
    • 8858 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.42/ AIGIF Spore Bond Fund/A 1.194/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.64/ APS Alpha Fund (USD)!** 0.42/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.56/ APS Komaba Global
      8,858 words
  • Page 22 Advertisements
    • 23 22 j' i^UDEMARSPIGUET :^^^^^w^«: WHERE EXTREMES MEET ■'■■>* '^^^^■<^Km ROYAL OAK OFFSHORE COLLECTION j-j^yi^P^;-» W^^^W^- '^^^fT^ For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com ,■&!*?'^a2&:-' '.^afe^^^^^^K.
      23 words


  • FINANCE & COMMODITIES
    • 361 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb9 World Index Preliminan 652.7 0.1 -3.7 0.3 -1.3 0.7 -4.7 EAFE Preliminai 620.0 0.1 -4.5 0.8 -3.4 1.2 -6.8 Euro[ Prelim inan 887.5 0.6 -2.6 1.7 -2.2 2.1 -5.6 Pacific 496.6
      361 words
    • 134 24 As at 9am Feb 10 Singapore dollars to one unit of foreign currency: Currencies Bid t Offer Aust dollar 0.9990 1.0320 Can dollar 1.2190 1.2360 Euro 1.9300 1.9520 NZ dollar 0.7940 0.8120 terlinc nd_ 2.2130 2.238C US dollar 1.4890 1.5060 Local dollars to 100 units of
      134 words
    • 169 24 Feb 10 $S_ Offer Bid Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 US$ Offer par 3/16 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.40 0.60 1.20 1.60 1.90 2.30 2.40 Offer 0.30 0.50
      169 words
    • 22 24 Feb 10 STI SIMSCI Feb 202.5 204.7 204.6 Taiwan Feb 170 172.3 172.3 Source: MF Global (S) He. Ltd
      22 words
    • 21 24 Feb 10 Bid Offer 1-month 1.4975 1.4988 2-months 1.4969 1.4983 3-months 1.4962 1.4977 6-months 1.4951 1.4968 Source: OCBC
      21 words
    • 65 24 Feb 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Feb 09 1992 2045 2045 1990 669 1988 MarO9 1923 1999 1999 1918 1596 ***** Apr 09 1920 1969 1969 1907 9823 ***** May 09 1881 1881 1962
      65 words
    • 299 24 Feb 10 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 98.8950 98.9500 98.9200 98.7900 ***** 4368 4214 1877 EUROYEN TIBOR FUTURES MarO9 99.350 99.355 JunO9 99.455 99.455 SepO9 99.520 99.520 DecO9 99.525 99.525 Mar10 Jun10 Sep10 Dec10 99.350 99.455 99.520 99.525 99.355 99.455
      299 words
    • 160 24 Feb 10 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High I Low Close Sett Volume (lots) O/l lots) Mar 09 150.0 Apr 09 May 09 JunO9 Jul 09 Aug 09 150.0 150.0 152.0 153.5 153.5 153.5 153.0 4 616 1035 886 963 522 254 TSR 20
      160 words
    • 92 24 Feb 10 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hie Day's h Low 3-Month BQ*****H 14.05.09 1-Year BY*****V 02.11.09 0.27 0.35 0.15 0.15 0.15 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year
      92 words
    • 102 24 Feb9 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 09 1002.00 1001.00 1019.00 991.50 May 09 1007.50 1006.00 1024.00 996.25 Jul 09 1014.50 1012.00 1029.75 1004.25 Aug 09 1004.00 1005.00 1020.00 1000.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 34.23 33.40 34.77 33.01
      102 words
    • 76 24 CRUDE OIL PRODUCTS Feb9 CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 49.14 2.59 WTI (Near Mth) 39.86 -0.30 Dubai (1-Mth F) 46.30 0.60 Tapis blend 49.05 1.40 Minas 45.80 1.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 47.72 52.90 -1.95 -3.88 US$/barrel Opec Oil Basket
      76 words
    • 461 24 Feb 10 Rmb Euro HK! Ind Rs Rui Yen Won RM NZ! PakRs Peso Rand Sfr NT! Baht Pound US! Australia 0.819 4.578 0.520 5.195 32.613 79.217 0.612 9.267 2.404 1.252 53.182 31.311 1.004 6.490 0.785 22.747 23.469 0.451 0.670 Canada 1.221 5.588 0.635 6.341 39.809 96.696
      461 words
    • 76 24 Feb 10 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid
      76 words
    • 157 24 Feb 10 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.0033 1.0046 0.6699 0.6702 Canadian dollar 1.2249 1.2260 0.8179 0.8179 Euro 1.9293 1.9315 1.2882 1.2886 NZ dollar 0.8013 0.8025 0.5350 0.5354 Sterlinc nd_ 2.2235 2.2260 1.4846 1.4851
      157 words
    • 140 24 Feb 10 GOLD (USS/oz) Feb 09 Feb 10 Hong Kong London 902.20 893.10 903.20 894.10 Feb 06 Feb 09 911.70 896.90 913.70 898.50 Source: Thomson Reuters CAST BAR (S$) Feb 10 Buying Sellinc Kilobar ***** PAMP GOLD BARS (S$) Selling ***** Buying 1gm 5gm 10gm 20gm 50gm 100gm
      140 words
    • 69 24 Feb9\ Co iri iiuiii, yy.i (US$/tonne) Close Previous Cash 1409.75 1434.00 3 months 1445.00 1468.00 Copper, Grade A (US$/tonne) Cash 3 months 3544.25 3580.00 3507.00 3540.00 Lead (US$/tonne) Cash 3 months 1189.25 1199.00 1174.00 1185.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 70 24 Feb9 COCOA (Btonne) Close Prev Hit h/Low Mar 09 1963 2000 2022/1960 May 09 1939 1971 1996/1935 Jul 09 1933 1963 1989/1930 SepO9 1926 1955 1980/1924 COFFEE (US$/tonne) Close Pev High/Low Mar 09 1655 1665 1676/1646 May 09 1668 1680 1689/1661 SUGAR (US tonne) White Close Prev High/Low Mar
      70 words
    • 2273 24 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Prem Expiry Disc Gear- Mths ing Left '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 1 17 156 1.50 1 87 1246 13.00 42 18 )092 Asia Environment W*****4 0.5 1 38 250 22.00 6
      2,273 words

  • Page 25 Advertisements
    • 2981 25 Shipping times _____________________________________P-________________________¥J____|4___V^ I WAN HAI INTERNATIONAL PTE LTD *****4695 M M MT^ _V^_l \\WW_\ \m\m_WrW^_im_W^Wm^rW^^B_Wm^ 111 _V___\ IAIA M UAI I I MFC TEb*****588 (14LINES) FAX:*****163 __TbT_^___F^ I I WAN HAI l_l___l FKI 1E1:103) *****888 FA .03) *****288 PEN III: |04| *****00 F_ {04)*****99 _-fi ll _l fl __tl
      2,981 words

  • Page 26 Advertisements
    • 3464 26 F^VHBHHi^^Q In E EASTERN CAR LINER, LTD IpH SJSJJr^ I Bl^*^ lf-^—i specialize in roro heavy lift UPTO 450 tons~| WEEKLY EXPRESS SAILING SCHEDULE I IlliUUUl^^l I VOY I Romp(KT) I Lillinq(KT) I MUA I SIN "I PKL [KB )KT I SUR m^^yj^^^J^i||JilUUSlSfflUiSUlilllilUfl PCL/PHL SERVICE AMX SERVICE I Connecting ECL
      3,464 words

  • EXECUTIVE MONEY
    • 1258 27  -  JACK HEALY MICHAEL M GRYNBAUM -NYT They say most regulators, economists, journalists and investors also failed to foresee the financial catastrophe By and EVEN now, with the recession deepening and markets on edge, Wall Street analysts say it is a good time
      -NYT; BLOOMBERG  -  1,258 words
    • 623 27  -  CLAIRE CAIN MILLER NYT By [NEW YORK] Would you trust a website created by anonymous individuals to give you better advice on stocks than professional advisers? Wikinvest hopes so. Following the model of Wikipedia, the online encyclopedia that
      NYT  -  623 words
    • 889 28 Since 1980, they have returned 15% a year compared to 7.5% by S&PSOO. Last year they reaped 19.8%, writes GENEVIEVE CUA THAT financial markets are hurting is by now stale news. But there is at least one strategy typically classified as a hedge fund strategy that
      889 words
    • 272 28  -  GENEVIEVE CUA By AARON Smith, managing director of Superfund Financial (Singapore), believes that the classic asset allocation should be weighted in favour of real assets. A portfolio that is invested in managed futures, real estate and gold one-third share
      Superfund Financial  -  272 words
    • 1049 28 It's only a matter of time before the world relearns that gold, not paper money, is the ultimate store of value ON THE back of the US dollar it says: "In God We Trust." For far-sighted and risk-averse investors, however, increasingly it is: "In Gold We
      1,049 words
  • Page 27 Advertisements
    • 11 27 Call 6-222 6868 now Account Serve for the Accounting Specialists www.Accountserve.com.sg
      11 words
    • 273 27 ORGANISED JOINTLY BY ffor AND Hr^PhillipCapital Financial Studies Your Partner In Finance (Brought to you by Phillip Securities) SEMINAR ON^ 4 INVESTMENT STRATEGY AND DIVERSIFICATION Wednesday, 18 Feb 2009 .8.30 am -2.00pm >*^ Orchard Hotel, Singapore 4 442 Orchard Road Singapore *****9^^^ The fallout of the US credit crisis in
      273 words

  • Page 28 Advertisements
    • 54 28 ™r Vfl MQHTT nH^BfIBI WUl} IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to trade commodity CFDs by The international Enterprise Singapore. IG Markets does not operate a securities,
      54 words