The Business Times, 15 May 2009

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Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfili A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, May 15,2009
    20 words
  • Article
    Lock icon SATS bonanza for SIA shareholders
    876 1  -  YEN SREENIVASAN Airline divests stake in subsidiary and will distribute it among its shareholders while conserving cash By [SINGAPORE] Singapore Airlines is divesting its 81 per cent stake in listed airport and ground services subsidiary Singapore Airport Terminal Services (SATS). In an announcement made late
    876 words
  • Article
    Lock icon Customer squeeze hits Jurong cavern
    407 1  -  RONNIE LIM Appointment of operator for storage facility put on hold By [SINGAPORE] Ripples from the financial crunch have reached all the way underground. JTC Corporation has called off its tender for an operator to run the $890 million Jurong Rock Cavern (JRC) meant to
    407 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 1 COMP 1,011.99 -10.85 IIKKEI225 9,093.73 -246.76 1ANG SENG 16,541.69 -517.93 ;et index 526.55 -26.16 JAKARTA COMP 1,785.00 -66.33 1ANILA COMP 2,264.23 -19.37 ;eoulcomp 1,380.95 -33.57 ;henzhenb 395.51 +1.58 IUMBAI IND 11,872.91 -146.74 12 noon EDT Cham )OW 8,350.60 +65.71 IASDAQ 1,691.42 +27.23
      44 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.757 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      42 1 IS$ (S$ per US$) 1.466 (US$/S$ per 1.515 2.222 :URO (US$/S$/E) 1.360 1.993 Foreign currency per US$ S$ 'EN 95.50 65.10 3.546 2.419 IK$ 7.750 5.286 !AHT 34.58 23.58 lUPIAH 10,425 7,110 lENMINBI 6.825 4.655 INDIAN RUPEE 49.78 33.95 1.329 0.907
      42 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      67 1 SONY FINANCIAL MARKETS ARI"S FESTIVAL CORPORATE Suffers first loss US seeks to regulate Welcoming the RESULTS |^^|hJ in 14 years derivatives trading god of the sun Toasting with a PAGE 2 PAGE 2 g|j||j|j||^J3s PAGE 28 half-filled glass PAGE 3 Tmm •^w^t^iH L^^h s j* A** A T I VI
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  • TOP STORIES
    • Article
      Lock icon Good for SIA – but what about SATS?
      580 2  - Good for SIA but what about SATS? YEN SREENIVASAN COMMENTARY It is no longer 'mission critical' but is capable of growing beyond SIA By IN May 2004, SIA chief executive Chew Choon Seng told his staff that the company's board had reviewed the role of 81 per centowned subsidiary Singapore
      580 words
    • Article
      Lock icon Sony posts annual loss of 99b yen
      312 2 -AP The company will be closing three plants in Japan this year [TOKYO] Sony Corp said it lost 98.9 billion yen (551.47 billion) in the fiscal year through March, its first annual net loss in 14 years, and projected it would lose even
      -AP  -  312 words
    • Article, Illustration
      Lock icon Obama administration seeks to regulate derivatives trading
      678 2 -NYT [WASHINGTON] In its first detailed effort to overhaul financial regulations, the Obama administration on Wednesday sought new authority over the complex financial instruments, known as derivatives, that were a major cause of the financial crisis and have gone largely unregulated for decades.
      -NYT; REUTERS  -  678 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon SATS bonanza for SIA shareholders
        42 2 SINGAPORE Airlines is divesting its 81 per cent stake in Singapore Airport Terminal Services (SATS) via an in specie distribution. SIA shareholders will receive up to 730 SATS shares for every 1,000 SIA shares held. FRONT PAGE
        42 words
      • Article
        Lock icon Customer squeeze hits Jurong cavern
        43 2 JTC Corporation has called off its tender for an operator to run the $890 million Jurong Rock Cavern meant to store oil and petrochemicals underground. The move comes as petrochemical investments on Jurong Island face delays. FRONT PAGE
        43 words
      • Article
        Lock icon America seeks to regulate derivatives
        44 2 THE Obama administration on Wednesday sought new authority over the complex financial instruments known as derivatives. It asked Congress to move quickly on legislation that would allow federal oversight of many kinds of exotic instruments. TOP STORIES, PAGE 2
        44 words
      • Article
        Lock icon Companies raise half-filled glasses to toast mixed results
        63 2 BANKS belted out strong numbers, rig-builders' figures were in line, while developers went "emo" as poor sales yanked earnings down. As at last night, 276 companies have posted a total of $4.6 billion in net profit for the first quarter ended March
        63 words
      • Article
        Lock icon SingTel Q4 net profit slides 17% to $903m
        48 2 SINGAPORE Telecommunications' fourth-quarter profit may have suffered its steepest drop in recent years after a poor showing by regional associates, but the operator is in no hurry to do more shopping to help turn the tide. COMPANY NEWS. PAGE 4
        48 words
      • Article
        Lock icon Ho Bee Q1 net profit rises 43%
        53 2 HO Bee Investment's first-quarter earnings climbed 43 per cent to $37.3 million as it recognised revenue from residential projects completed in the first three months of the year. Turnover for three months ended March 31 rose 17 per cent to $110 million. COMPANY
        53 words
      • Article
        Lock icon 10 to tussle for Emerging Enterprise awards
        53 2 TEN finalists have been short-listed for this year's Emerging Enterprise awards and are gearing up for round two. On May 29, the finalists will each face a 30-minute interview with the judging panel, during which they will also present their business plans. SINGAPORE
        53 words
      • Article
        Lock icon Global ambitions come to haunt Tata
        56 2 TATA Group chairman Ratan Tata has said that India's oldest business house may have gone "too far, too fast" in its expansion. Analysts say that the purchases of Jaguar-Land Rover and Corus have created a bigger sea of troubles for the group than anyone
        56 words
    • Article
      Lock icon Companies raise half-filled glasses to toast mixed results
      820 3  -  JAMIE LEE Banks can cheer while developers count costs, and future's uncertain By [SINGAPORE] It was a mixed tape of mellow melodies, bubblegum pop and dreary tunes in the last quarter: banks belted out strong numbers, rig-build-ers' figures were in line, while
      820 words
    • Article
      Lock icon Beauty China now expects to slip into the red
      359 3  -  LYNETTE KHOO Adjustments made to impairments will wipe out profits By [SINGAPORE] Beauty China now expects to mark losses for fiscal 2008, instead of the net profit it earlier reported. Major adjustments are being made to the impairment of assets, which
      359 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      12 2 fwfflnc* a n |^jin RePzed Dealer 9^l 1 1 ~~~z-^~^~"" SUM w^
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    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      119 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. Great Value Set Lunch (Available from 11.00 am to 2.30 pm) Jack's Place Restaurants: www.jpgroup.com.sg J^S5 *fj Bras Basah Complex Centuiy Square Heeren SATRA jurong Club s~> KlaCe jil
      119 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      55 3 Hv Mr Designed byToshiyuki KITA Made in Japan I Full-Body P^^H W|fflM J IWI I II ■W'fflff^lfflWllii'^^^lM^BFflfllftWnwßßil Mjj^a Mriost Advanced™ H9I B^^^^^^^^^ll HUillhggi^^myi^H ■■IhhlHi |lljmjlM||m|ljlVS ■Roller-System I L Massage i ■UUanm||^a>|l|iH I iff x rflffln I Harmony oimT^l fy p. HwMUKdWUMM^MilH|^w|H^H^^^^^^^^^HßM^^ffiSfl^^H I for Balanced I fv\ BmffHlWfl ■iimiSH9Hi9ifl Bw Massage
      55 words
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  • COMPANY NEWS
    • Article
      Lock icon Olam posts 56% rise in Q3 net profit
      427 4  -  OH BOON PING 9-month earnings double, helped by bond buy-back gains By HELPED by lower costs and gains by associates, Olam International has reported a 56 per cent year-on-year rise in third-quarter net profit to $87 million, despite revenue slipping 4.8 per
      427 words
    • Article, Illustration
      Lock icon SingTel's Q4 net profit slides 17% to $903m
      734 4  -  WINSTON CHAI The company is proposing a final dividend of 6.9 cents a share By SINGAPORE Telecom's fourth quarter profit may have suffered its steepest drop in recent years after a poor showing by regional associates, but the operator is in no
      BLOOMBERG  -  734 words
    • Article, Illustration
      Lock icon No exclusive operator deal for second Google phone
      348 4  -  ONG BOON KIAT By SINGTEL may have an exclusive hold on the first Google phone, but the second guise of this eye-catch-ing handset will be available for all three operators to sell to consumers here. Taiwan smartphone maker HTC Corp yesterday launched
      348 words
    • Article
      Lock icon A case of Noble having to call a trading halt earlier
      618 4  -  OH BOON PING ON TUESDAY, Noble Group said it was raising net proceeds of about $125.5 million by placing out 84.7 million new shares at $1.52 each. This came in the midst of a bid by the commodities trading
      618 words
    • COMPANY BRIEFS
      • Article
        Lock icon Straits Asia earnings jump 74% in Q1
        58 5 STRAITS Asia Resources achieved a 74 per cent jump in net profit to U5535.5 million for the first quarter. This came on the back of a 36 per cent surge in group revenue to U*****.6 million. The company attributed this mainly to higher
        58 words
      • Article
        Lock icon C&O Pharma reports 32% fall in Q3 profit
        76 5 C&O Pharmaceutical Technology has reported net profit of about HK529.3 million (555.5 million) for the three months ended March 31, down 32 per cent from a year ago. The group's revenue dipped 10 per cent to HK$l42 million, largely due to lower
        76 words
      • Article
        Lock icon Delong slips into Q1 loss on poor demand
        71 5 DELONG Holdings, a maker of hot-rolled steel coils in China, has announced a net loss of 5.5 million yuan (Ssl.2 million) for the quarter ended March 2009, compared to a 46.3 million yuan gain a year ago. It said the global economic
        71 words
      • Article
        Lock icon Bio-Treat reports 92.8m yuan Q3 loss
        71 5 810-TREAT Technology reported a net loss of 92.8 million yuan (5519.9 million) for its third quarter ended March 2009, compared to a net profit of 71.1 million yuan a year ago. Group revenue decreased by 92 per cent to 29.7 million yuan. The water
        71 words
      • Article
        Lock icon 10.3% Q3 earnings rise for KTL Global
        54 5 KTL Global yesterday reported a 10.3 per cent rise in net profit to $1.68 million, while revenue rose 5.3 per cent to $17 million for the quarter ended March 31. Earnings per share for the quarter stood at 1.05 cents, down from 1.25
        54 words
      • Article
        Lock icon Union Steel Q3 earnings fall 48%
        50 5 UNION Steel Holdings said its net profit for its third quarter ended March 31 fell by 48 per cent to $3.2 million, while turnover dropped 14.5 per cent to $78.9 million. For the first nine months, it registered a net loss of $6.6 million.
        50 words
    • Article, Illustration
      Lock icon Soilbuild posts three-fold rise in Q1 earnings
      307 5  -  EMILYN YAP By SOILBUILD Group yesterday reported net profit attributable to shareholders of $19.11 million for the first quarter ended March 31, 2009 more than three times the $6.21 million it earned a year earlier. Revenue jumped 104 per cent to $64.7 million.
      307 words
    • Article
      Lock icon Ho Bee Q1 profit up 43%
      378 5  -  UMA SHANKARI Higher revenue recognition from Vertis and Quinterra help boost earnings By HO Bee Investment's first-quarter earnings climbed 43 per cent to $37.3 million, from $26.1 million a year earlier, as it recognised revenue from residential projects completed in the first three months
      378 words
    • Article
      Lock icon Raffles Edu confident of meeting short-term cash needs
      184 5  -  JOANNE TANG By RAFFLES Education Corporation said yesterday it is confident of meeting short-term financial obligations in spite of a negative working capital of $201.85 million, as reflected in its Q3 balance sheet. It said this in a clarification to a Singapore
      184 words
    • Article
      Lock icon Design Studio Q1 profit soars to $4.3m
      286 5  -  YEN SREENIVASAN By STRONG growth in its overseas interior fitting-out projects jacked up Design Studio Furniture Manufacturer's first-quarter earnings to a record $4.3 million more than two times the year-ago period's $1.69 million. The premier furniture and interior fitting-out specialist's turnover for the
      286 words
    • Article
      Lock icon ComfortDelGro Q1 net up 4.6%
      442 7  -  SAMUEL EE Bus business revenue slips 8.6% on foreign currency translation effect By COMFORTDELGRO'S net profit for the first quarter ended March 31, 2009, rose 4.6 per cent to $52.5 million, due largely to lower operating expenses incurred. But Ql revenue slipped 4.4 per cent
      442 words
    • Article
      Lock icon At a glance
      420 7 Q1 results ended March 2009 NET PROFIT (S$M) TURNOVER (S$M) CURRENT PREVIOUS CHG CURRENT PREVIOUS CHG 1 ComfortDelGro 52.50 50.20 4.6 716.60 749.60 -4.4 2 HoBeelnv 37.28 26.10 42.8 110.04 94.19 16.8 3 Asia Food Prop 35.41 45.44 -22.1 160.81 195.00 -17.5 4 HLAsia 23.23 30.16 -23.0
      420 words
    • Article
      Lock icon Higher retail sales help Chemoil raise earnings
      389 7  -  RONNIE LIM By DESPITE low oil prices and an estimated 20-30 per cent contraction in the bunker market caused by the global downturn, Chemoil still managed to chalk up first-quarter net profit of US$B.B5 million up 283 per cent from Ql last year
      389 words
    • Article
      Lock icon KS Energy posts 12.3% rise in Q1 net income
      285 7  -  RONNIE LIM By DESPITE slower first-quarter demand by the oil and gas industry, KS Energy (KSE) managed to chalk up Ql net profit of $12.4 million, which was 12.3 per cent up from the corresponding period last year. This came on
      285 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      102 4 f^.% mar i B* .^^m^^^^. Will Ir Grand Mercure Roxy Yoar Business, Meeting Event Partner 10 varied-size function rooms with more than 600 sqm of space for meetings, workshops, conferences functions Video conferencing facilities up-to-date audio presentation equipments High-speed and wireless Internet access Complimentary shuttle bus service to the Central
      102 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US doubts drag stocks lower
      547 6  -  R SIVANITHY STOCKS The biggest contributors to the Straits Times Index's decline were the three banks STOCKS came under pressure and the Straits Times Index (STI) dropped 63.18 points to 2,122.11 yesterday in the wake of a Wednesday sell-off on Wall Street that sliced 2-3
      Bloomberg  -  547 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      93 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 1 12 5 0 0 0 1 12 5 lanufacturing 27 111 44 10 14 31 121 58 Commerce 10 46 14 11 49 18 'pt/Stor/Comms 27 28 :inance 22 22 Construction 17 20 'roperties 39
      93 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      115 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 33,980 33,980 88,683 88,683 lanufacturing 676,693 26,826 703,519 345,350 1,154 346,504 lommerce 275,769 13,410 289,179 108,564 3,031 111,595 'pt/Stor/Comms 216,943 1,422 218,365 243,077 71 243,147 :i nance 46,038 46,038 346,714 346,714 lonstruction 103,537 4,370 107,907 16,370 69 16,440 'roperties
      115 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 6 lapitaLand 3.070 -0.130 lapitaMall 1.310 -0.070 jtyDev 7.500 -0.270 lomfortDelGrc 1.300 -0.020 losco Corp 1.240 -0.060 IBS Grp 11.000 -0.400 :&N 3.250 -0.150 ienting SP 0.730 -0.025 iolden Agri 0.460 -0.015 IK Land 2.670 -0.150 IMH 22.240 -0.120 ISH 12.640 +0.120 lardineC&C 15.580 -0.460 Ceppel Corp
      106 words
    • Article
      Lock icon BROKERS' TAKE
      945 6  -  LYNETTE KHOO Wilmar International May 14 close: $4.27 MACQUARIE RESEARCH, May 14 EVENT: Wilmar's results from the past nine months indicate that it has been able to not only circumvent some of the harshest conditions in credit and commodity markets but it has also continued to maintain strong
      945 words
    • Article, Illustration
      Lock icon Asia weakens as stock markets fall
      439 6  -  OH BOON PING CURRENCIES UNCLE Sam gained considerable ground against major currencies yesterday, as weaker-than-expected US retail sales figures rekindled worries about the global economy. In early trading, the euro sank to its lowest level in almost a week versus the greenback on talk
      Source: Bloomberg  -  439 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      59 6 CLOSE BT OB/OS 1381.00 -527.0 BT CADI -*****.00 -294.0 BT 10-day MA -*****.00+138.0 FTSE ST Mid Cap 463.47 -12.91 FTSE ST Small Cap 405.43 -11.66 FTSE ST All Share 515.98 -15.18 FTSE ST China Top 218.62 -5.40 FTSE ST China 218.97 -4.96 UOB Catalist 89.01 -3.42 SIMSCI
      59 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Golden Agri 109,799,000 Sino-Env 88,613,000 China Honqxinq 76,156,000 Mercator 67,463,000 China Sports 66,962,000 Abterra 55,078,000 Yanqzijianq 46,544,000 JiutianC 40,627,000 IPCO Intl 40,362,000 Chart SemiCond 39,363,000 VALUE(S) Wilmar 99,184,080 DBS Grp 94,788,120 UOB 90,866,870 SGX 81,290,060 OCBC Bk 73,939,426 Capita Land 70,474,947 Sing Tel 60,813,340 Golden Agri
      57 words
    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 7194 299.0 2.9 DBXT FTChina25 10US$ 2366 246.2 7.6 :50 10US$ 290 20.5 5.1 OCBC Bk4.5%NCPS 100 8640 20.0 0.2 JSH 1264 17.6 1.0 OCBC Bk5.1%NCPS 100 9580 10.0 0.1 Star Hub 209 8.0 4.0 STATSChP 62.5 6.0 10.6 DBS MBL
      109 words
    • Article
      Lock icon FALLS
      114 6 CLOSE DOWN 1380 -80.0 -5.5 STXPO 100 China H 10US$ 1228 -54.2 -2.9 UOB 1404 -54.Q -3.7 SIA 1160 -52.0 -4.3 GLD 10US$ 9066 -49.8 -0.4 Jardine C&C 1558 -46.0 -2.9 OCBC Bk.ES.0905 662 -45.0 -6.4 fxor Emen [in; Ikts 1 706 -44.0 -4.1 DBS.ES.0905 1090 -42.0 -3.7 SIA
      114 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      82 6 May 14 CHNG CLOSE FRMay13 YR SSLOW R2009 S$ HIGH USS 1.4690 -0.48 1.5579 1.4308 Euro 1.9937 -0.01 2.0732 1.9150 Pounds 2.2155 0.08 2.2714 2.0356 AS 1.1003 1.56 1.1177 0.9453 Yen* 1.5405 -1.20 1.7278 1.4831 Rupiah* 0.***** -0.14 0.***** 0.***** Baht* 4.2481 -0.25 4.3390 4.1040 Peso*
      82 words
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      171 7 SIMPLY CLEVER 111 |$H© MORE REASONS |-J TO DC X I I X I I"™ "Skodds all new Superb is big on size, packed with Jr-«. lUDt# I Il\ l\ 1 I— 1 goodies and low in price." fc^^^^^^- \^M \l \l £NN patentee > -The StraitsTimes,ChristopherTan, Senior Correspondent >Vo
      171 words
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  • SINGAPORE NEWS
    • Article
      Lock icon AEG upbeat on renewable energy sector here
      467 8  -  OH BOON PING In the first 4 months of this year, Asia revenue grew 30% By POWER supply maker AEG Power Solutions is bullish on renewable energy and sees a fresh wave of investments in the sector. In an interview with BT, managing
      467 words
    • Article
      Lock icon 10 finalists short-listed for Emerging Enterprise awards
      330 8  -  TEH SHI NING They now face a 30-minute interview with judging panel, and will present their business plans By! TEN finalists have been short-listed for this year's Emerging Enterprise awards and are now gearing up for round two. On May 29, the finalists
      330 words
    • Article
      Lock icon Shell to stop selling 92-octane petrol
      432 8  -  SAMUEL EE By SHELL will stop offering 92-octane fuel in Singapore to cater to the growing demand for higher grades, just two months after rival Caltex re-introduced this cheapest grade of petrol. From now until end-June, Shell Formula 92 petrol will be phased out
      432 words
    • Article, Illustration
      Lock icon A Burgundy night to remember
      402 8  -  CHRISTOPHER LIM By LIKE BT's last Wine Night in January, France was the destination for guests' palates on Tuesday night, but the focus this time was on the Burgundy region. First, however, main sponsor Lexus Borneo Motors took guests through a tour of the latest
      YEN MENG JIIN  -  402 words
    • Article
      Lock icon US move to rein in oil trades may boost S'pore
      725 9 Reuters Its importance and liquidity will rise by avoiding over-regulation [SINGAPORE] As regulators in the world's top oil trading hubs move to tighten rules and boost transparency in opaque markets, Singapore may gain importance and liquidity as it stands by
      – Reuters  -  725 words
    • Article, Illustration
      Lock icon SAF raises officer retirement age to 50
      337 9  -  LEE U-WEN The SAF will also introduce a new 3rd Warrant Officer rank By THE Singapore Armed Forces (SAF) will raise the retirement age for officers from 45 to 50 by March next year, to retain their leadership abilities and experience longer. Warrant
      337 words
    • Article
      Lock icon More support for top athletes to shoot for Olympic glory
      367 9  -  LEE U-WEN By FRESH from last year's silver medal triumph at the Beijing Olympics, Singapore has already put in place plans to unearth its next medallist for the London Games in 2012. An Olympic Pathway Programme (OPP) has been set
      367 words
  • Page 8 Advertisements
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      42 8 taWal THE HEARTBEAT OF THE INDIAN COMMUNITY JHBb\ 41 X. ft La My day with Katrina and Akshay tab la! visits the De Dana Dan set to bring you exclusive behind-the-scenes pictures and news Meet the winner ofthetabla!--m, MasterCard IPL J^ contest
      42 words
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      2739 10 w A MATS A 4lLft IflOif J Managing wealth for you, with gou. HANG SENG BANK (T^^cT^o^^n companies la r eap. 5O Cap. 50 And In The Matter Qt AND Sangwon Singapore Pte Ltd IN THE MATTER OF Company Reg. No. *****2219H ASIAN GAMING PIE. LTD. (Incorporated in Hong Kong
      2,739 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon ECB policymakers clash days after Trichet truce
      666 11 Bloomberg Governing council members at odds on bank's asset purchase programme [BRUSSELS] European Central Bank (ECB) policymakers have clashed over the bank's asset-buying programme less than a week after president Jean-Claude Trichet engineered a truce. Slovenia's Marko Kranjec said on Wednesday the ECB
      Bloomberg; FILE PHOTO  -  666 words
    • Article
      Lock icon Corporate bond rally in US unfazed by lack of leverage
      615 11 Reuters ANALYSIS [NEW YORK] Investors' bets that have fuelled the recent rally in corporate bonds and other riskier markets have been made mostly without the excessive borrowing of the boom years that preceded the Panic of 2008. The enormous leverage
      – Reuters  -  615 words
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      348 11 NUS Institute of Real Estate Studies (IRES) Public Seminar: Turmoil in Real Estate and Financial Markets Policies and Implications from a Global and Asian Perspective Date 27 May 2009 Time 8.30 am-2 pm Venue Hotel Intercontinental Singapore, Ballroom 3 Aims and Benefits of the Program This public seminar brings together
      348 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Arab-Malaysian turns bullish on economy
      491 12  -  S JAYASANKARAN Economist says worst is over, expects stronger final quarter By in Kuala Lumpur AN economist has suggested that although Malaysia is likely to see contracting growth this year, a "worst case scenario" of minus 4-6 per cent has become irrelevant, Manokaran Mottain, an
      491 words
    • Article
      Lock icon KL passenger arrivals holding up
      599 12  -  PAULINE NG Resilience runs counter to cutback expectations By in Kuala Lumpur DESPITE the global financial crisis, passenger arrivals in Malaysia appear to be holding up mainly on the back of an increase in budget travel with only a slight fall of 0.6 per cent
      599 words
    • Article, Illustration
      Lock icon S-E Asia's largest marine park opens
      379 12 Reuters [MANADO] Indonesia has opened South-east Asia's largest marine park in the Savu Sea, a migration route for almost half the world's whale species and home to vast tracts of rare coral, the country's fisheries minister said. Environmental groups, The Nature Conservancy and WWF
      – Reuters; AFP  -  379 words
    • Article
      Lock icon Global ocean talks going on in Indonesia
      132 12 AFP [MANADO, Indonesia] A global meeting on the future of the world's oceans is going on in Indonesia this week with discussions aimed at helping set the stage for December's climate change talks in Denmark. Officials from over 70 countries are meeting here
      AFP  -  132 words
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      649 words
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      23 12 Hybrid www.hybridmotors.com.sg M o To R s Luxury mpv suv hyb rid I Br HYBRID MOTORS 5 Übi Close aaurano Hotline: 6846 *****
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  • GREATER CHINA
    • Article, Illustration
      Lock icon HK ready to lower GDP forecast for 2009: Tsang
      332 13 Reuters [HONG KONG] Hong Kong is set to revise down its 2009 GDP growth forecast following a weak first quarter and is not optimistic about economic performance in the second quarter, Chief Executive Donald Tsang said yesterday. The government currently forecasts
      Reuters; REUTERS  -  332 words
    • Article
      Lock icon BofA a long-term partner, says CCB
      256 13 Reuters It calls USs7.3b stake sale a normal market action [SHANGHAI] China Construction Bank said Bank of America would hold its remaining shares in China's second-largest bank for the long term and that the US bank's sale of US$7.3 billion in CCB shares earlier
      Reuters  -  256 words
    • Article
      Lock icon Morgan Stanley ups China growth forecast to 7-8%
      331 13 -Reuters But it reckons that growth in 2010 would slip on weak external demand [SHANGHAI] Morgan Stanley raised its forecast for China economic growth to 7-8 per cent from 5 per cent for 2009 but warned the pace will slow next year
      -Reuters  -  331 words
    • Article
      Lock icon Taiwan economy on the mend: V-P
      144 13 j Bloomberg [TAIPEI] Taiwan's economy is past the worst and gradually recovering, Vice-Presi-dent Vincent Siew said at a forum yesterday. "The government acted quickly to respond to the global financial crisis." Export declines have slowed, indicating the economy is improving, he said. The Taiex
      — j – Bloomberg  -  144 words
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      185 13 UOL GROUP LIMITED *****,000,000 FLOATING RATE NOTES DUE 2012 Pursuant to Condition 4(d) of the Notes, notice is hereby given that for the next Interest Period beginning on 15 May 2009 and ending (but excluding) on 16 November 2009, the Notes will carry a Rate of Interest of 1.*****% per
      185 words
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      Lock icon Page 13 Advertisements Column 2
      329 13 The Excitement never letS Up! Sunday, 17 May 2009. I wflm PSJ catciT^m the action \jk wmmnm live- j^ ooRM/^, onl7 May over Star Hub J>jß fc£<*. CableTVSuperSports Z* 4" (Channel 22) from 7.20pm > < <o y^"^^ and Channel News Asia KRISFLYERfc /ram 7.30pm. U^ V INTERNATIONAL SPRINT Let
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  • INDIA
    • Article, Illustration
      Lock icon Global ambitions come to haunt Tata
      603 14 -AFP High profile buys of Jaguar-Land Rover and Corus have led to funding problems [NEW DELHI] When India's Tata Group bought British luxury car icons Jaguar and Land Rover and An-glo-Dutch steelmaker Corus, the buys were hailed as signs of the nation flexing its
      -AFP; 1 AFP  -  603 words
  • Page 14 Advertisements
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      2278 14 J_^l \^J A. X^^J Xj L. Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg y\ THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES %tffe^ Head Office: 9 Ratchadapisek Road, Jatujak, Bangkok *****. m>^ <jv ING ASIA PRIVATE BANK LTD l^k I f ffciwl^V I Registered Office: 9 Raffles Place Annual
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  • US BANKING CRISIS
    • Article, Illustration
      Lock icon Paulson forced banks to take govt aid
      558 15 Reuters, Bloomberg Documents obtained give first-hand account of meeting [WASHINGTON] Former US Treasury secretary Henry Paulson gave nine major banks no choice but to allow the government to take equity stakes in them as the Bush administration moved to address turmoil in the
      Reuters,; Bloomberg; BLOOMBERG  -  558 words
    • Article
      Lock icon US banking crisis may last until 2013: S&P
      272 15 Reuters [NEW YORK] A day after saying big US banks probably needed to raise only one-fourth the capital demanded by the government, credit rating agency Standard Poor's (S&P) said the banking crisis has "merely entered a new phase" and might not end
      – Reuters  -  272 words
    • Article
      Lock icon US outfits sell bonds sans govt backing
      513 15 Reuters JPMorgan Chase raises USs2.sb while Amex rakes in USs3b [NEW YORK] In a sign that the two-year-old global credit crisis may be on its way to easing, a growing list of US financial institutions are now able to sell their own bonds
      – Reuters  -  513 words
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      448 15 ™j::Et M Contemporary European Design For Modern Living. (In Members' Voluntary Liquidation) Reg No. *****1024 D NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the abovenamed Company will be held at 8 Wilkie Road #03-08
      448 words
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  • WORLD
    • Article, Illustration
      Lock icon Imports from China add to GM's problems
      502 16 -AP Reports say GM will ramp up sales of China-made cars to 50,000 by 2014 [DETROIT] As thousands of General Motors (GM) workers await word on more US plant closures, reports that the company plans to import Chinese-made vehicles to the US have
      -AP; AFP  -  502 words
    • Article
      Lock icon Prudential Q1 revenue slips 5% on Asia sales drop
      294 16 Bloomberg Firm looks to region's growing middle class for boost as UK flags [LONDON] Prudential Pic, the UK's biggest insurer by market value, said yesterday that first-quarter revenue fell 5 per cent as the global economic slowdown hurt sales in Asia.
      – Bloomberg  -  294 words
    • Article
      Lock icon UK telecoms firm to slash another 15,000 jobs
      460 17 -AP BT's Global Services division caused a Q4 loss of nearly Ib, hence the job cuts [LONDON] Telecommunications company BT Group expects to cut another 15,000 jobs in the next year after its Global Services division dragged the company to a Q4
      -AP  -  460 words
    • Article, Illustration
      Lock icon Expect a big ding-dong: Simon Cowell
      285 17 -AP, Reuters [LOS ANGELES] Danny Gokey is dancing off "American Idol", leaving showy Adam Lambert and twangy Kris Allen to duke it out in the finale of the popular Fox singing competition next week. Gokey, the bespectacled 29-year-old church music director and recent widower,
      -AP,; Reuters; PHOTOS: STAR WORLD  -  285 words
    • Article
      Lock icon Producer prices rise in April, led by food
      277 17 Bloomberg LATEST US DATA [WASHINGTON] Prices paid to US producers rose in April as food costs surged, pushing back risks that extended price declines may take root in the economy. The 0.3 per cent increase was more than forecast and followed a
      – Bloomberg  -  277 words
    • Article
      Lock icon Shareholders may have bigger say on exec pay
      477 17 Bloomberg [WASHINGTON] US President Barack Obama wants shareholders to have a greater say in executive compensation as the administration crafts proposals to rein in practices that regulators blame for contributing to the financial crisis. "There is an important interest in ensuring some
      – Bloomberg  -  477 words
    • Article
      Lock icon MGM to issue USs2.sb in bonds
      306 17 -NYT The company plans to take care of all but US$l b in debt [NEW YORK] Casino operator MGM Mirage took a major step to stave off bankruptcy on Wednesday when it announced that it would issue US$2.5 billion in stock and bonds as
      -NYT  -  306 words
    • Article, Illustration
      Lock icon AIG says it needs time to restructure
      489 18 -AP [WASHINGTON] Edward M Liddy, the chairman of American International Group (AIG), said on Wednesday that the company would probably need "three to five years" to carry out its restructuring plan and repay the taxpayer money used to bail it out. AIG has
      -AP; AFP  -  489 words
    • Article
      Lock icon Ex-Countrywide CEO may face civil fraud suit
      294 18 -AP Insider trading among SEC claims, says report [WASHINGTON] The staff of the Securities and Exchange Commission has decided to recommend that the agency bring civil fraud charges against Angelo Mozilo, the former chief executive of mortgage lender Countrywide Financial Corp, according to
      -AP  -  294 words
    • Article
      Lock icon AIG may list AIA on HK bourse: Liddy
      643 18 Reuters AIG first tried to sell AIA in a private transaction for up to USs2ob last year [NEW YORK] Insurance conglomerate AIG is expected to soon begin the process of launching the initial public offering (IPO) of its largest Asian subsidiary, according
      – Reuters  -  643 words
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      2431 16 J.^l V^>/ _L XVj -I—/ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Svenska Handelsbanken (incorporated in Sweden) www.handeisbanken.com "^L T »Sa»r\ Registered Office: Amstelveenseweg 500 Singapore Branch: 65 Chulia Street #21-01/04 OCBC Centre Singapore *****3 Telephone: 65-6532 3800 I WW w9a I 1081 XL Amsterdam Telex: RS ***** SHBSIN
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  • Page 17 Advertisements
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      188 17 IuaUKY 1 BB^^i^i -S^ 1& y*ri i i B^ Get "Meat-Full" this cp n «tinn«i Q..nH«™ i- i Sensational Sundays... Dumpling Festival Oscar's for Brunch Savour the goodness of rice dumplings handmade by Put some bite back in your weekend. Our Sunday the Chefs at Parkroyal on Kitchener Road. Created
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  • AVIATION/SHIPPING
    • Article
      Lock icon Mercator '09 profit rises 45% to US$75.8m
      525 19  -  VINCENT WEE Boost was due to revenue increase of 27% as operating, vessel day rates rose By [SINGAPORE] Indi-an-owned dry bulk shipping company Mercator Lines (Singapore) had a stellar year, posting a 45 per cent rise in full-year FY2009 net profit to US$75.B
      525 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2657 19 AIRLINE CODES: AA Amencap Airlines (AAL), AF Air France (AFR), Al Air Inda (AC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British i Airways Public Ltd Co (BAW), BG Biman B^Li, ,IL,, I, _dn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways Corpn
      2,657 words
    • Article
      Lock icon NOL container unit to serve Vietnam
      246 19  -  VINCENT WEE New weekly direct service set up between Vietnam, US By [SINGAPORE] Neptune Orient Lines container unit APL yesterday took a punt on the relatively still buoyant Vietnamese economy with the launch of a new weekly direct container shipping service linking Vietnam and
      246 words
    • Article, Illustration
      Lock icon Kaohsiung port sees signs of export slump bottoming out
      481 19 Reuters [KAOHSIUNG] Taiwan's major international port is seeing signs that an export slump is near bottom, with a plunge in container traffic tapering off and workers in this industrial city taking less unpaid leave. The Kaohsiung port the world's eighth busiest
      – Reuters; REUTERS  -  481 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.52 0.23 1.24 0.51 1.29 0.44 0.06 ....unch 0.54
        102 words
      • Article
        Lock icon KLSE
        37 19 '000 bj. Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.79 8.30 8.25 3.16 2.68 0.04 0.12 -0.02 263 -0.05 534 unch 1336 -0.02 473 unch 228 unch 1094 -0.01 *****
        37 words
      • Article
        Lock icon BANGKOK
        12 19 ■oo ■recious Ship Jegional Cont .16.90 ...8.90 -0.20 ***** -0.95 1698
        12 words
      • Article
        Lock icon HONGKONG
        11 19 '000 Doil iingamas Cont .24.65 ...0.76 -1.25 1477 0.02 *****8
        11 words
      • Article
        Lock icon PHILIPPINES
        23 19 '000 >eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.50 16.00 unch unch -0.10 -2.00 unch unch 1835 4798 0 0
        23 words
      • Article
        Lock icon TAIPEI
        22 19 Evergreen Marine ....16.35 :irst Steamship 44.10 /Van Hai Lines 15.80 r"ang Ming Marine...12.00 -0.70 -0.65 -0.30 -0.50 14 6 4 13
        22 words
      • Article
        Lock icon TOKYO
        42 19 '000 bj. 'en (awasaki Hvy Ind ..206.00 -8.00 ***** (awasaki Kisen 368.00 -22.00 6208 Mitsubishi Hvy 335.00 -6.00 ***** Mitsui Eng&Sbldg...214.00 -9.00 6069 Mitsui Osk Lines 599.00 -20.00 ***** Mippon Express 378.00 -9.00 2730 MipponYusen 416.00 -20.00 8970 source: Thomson Reuters
        42 words
    • Article, Illustration
      Lock icon Chinese airlines cut 33 plane deliveries
      305 19 Bloomberg [BEIJING] Chinese airlines will cut 33 plane deliveries this year as a slowing economy and a global travel slump stoke concerns about overcapacity. The nation's aviation regulator will also support acquisitions to help curb competition, Li Jiaxiang, head of the Civil Aviation Administration
      – Bloomberg  -  305 words
  • Page 19 Advertisements
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      165 19 SOUTH EAST ASIA AND SOUTH ASIA/AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUSINESS PLAN 2009 RATE RESTORATION EFFECTIVE 15 JUNE 2009 FROM SOUTH EAST ASIA AND SOUTH ASIA TO AUSTRALIA As part of the Business Plan 2009, Member Lines of the South East Asia and South Asia Australia Trade Facilitation
      165 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon After the Mas Selamat saga
      508 20 MAS Selamat Kastari's fate is sealed. After the Malaysian authorities finish questioning him, he is likely to be repatriated to Singapore where he will be locked away for a very long time. Of greater interest to all governments in the region will be what he
      508 words
    • Article, Illustration
      Lock icon Taking a decade of disasters on the chin
      1149 20  -  ROBERT BAILEY Asia's tourism industry has always rebounded with even greater vitality By HEN crises hit, tourism is often the first casualty. Tourists are the main source of foreign exchange and help create thousands of jobs in many Asian countries. These crises
      THE STRAITS TIMES  -  1,149 words
    • Article
      Lock icon S'pore needs a vaccine against the 'normal'flu
      834 20  -  SUSAN TSANG THE BOTTOM LINE By IS there anyone out there who has not cringed at the prospect of sitting (or, more likely, standing) next to someone suffering some form of nose, throat or chest infection on the MRT? And despite the general
      834 words
    • Article, Illustration
      Lock icon Who will be India's next PM?
      1613 21  -  AMITENDU PALIT Besides the 'usual suspects' of elections past, there are several others in strong jockeying position By THE casting of votes for India's 15th general election ended earlier this week. The exercise lasted almost four weeks over 543 constituencies across 28 states and
      REUTERS  -  1,613 words
    • Article
      Lock icon Let bankers become croupiers
      767 21  -  MARGARET CARLSON Bloomberg By WHAT happened in Washington on Wednesday stayed in Washington as Las Vegas went to dig itself out of the hole that President Barack Obama dug for the city earlier this year. About the time that the scoundrels of Wall Street were getting
      – Bloomberg  -  767 words
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      648 21 Tsas Institute of South Asian Studies Non-Renounceable Entitlement Offer by SP AusNet SP AusNet has announced on SGXNET on 12 May 2009 an accelerated non-renounceable pro-rata entitlement offer of new stapled securities to "inter alia" eligible retail securityholders in Singapore to subscribe for one new stapled security tor every four
      648 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8769 22 Transaction date: May 14 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 15.5 5.5 1938 AEI Corp 9 1 1100 AEM 23 7 2101 APOil 76.5 26.5 5550 ARA 8.5
      8,769 words
    • Article
      Lock icon SGX CATALIST
      1612 23 High Low Code Company Sale COOO) High Low Buyer Seller C'vr P/E $mil 19 5 1181 s AAGrp 32 13 8538 t APStrategic 4 05 1501 s Advanced System 10.5 2 3480 t Adventus 27.5 8.5 3518 s Afor 17.9 2 1524 t Alantac 19.5 3.5 7814 s
      1,612 words
    • Article
      Lock icon SGX ETF
      343 23 _Hm Low Code Conn Sale COOO) _Hm Seller C'vr P/E Smil 109 100 6389 ABFSG Bond ETF 109 +1 982 427 CIMBAsean40 100US$ US594 -2 232 149 DBS STI ETF 100 214 -8 2366 1682 DBXT FTChina25 10US$ ....US2366 +168 3870 3228 DBXT FTVietnam 10US$....US3870 1360 850 DBXTMSTaiwan
      343 words
    • Article
      Lock icon CLOB INTERNATIONAL
      252 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      252 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9220 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.767/ AIGIF S'pore Bond Fund/A 1.239/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.89/ APS Alpha Fund (USD)!** 0.61/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5135/ APS Komaba Global
      9,220 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      378 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change May 13 World Index Preliminary 680.5 -1.9 0.4 -1.7 1.9 -2.0 0.3 t EAFE Prel liminai 656.0 -1.5 1.1 -1.4 1.9 -1.8 0.. Euroi Prelim
      378 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am May 14 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.0940 1.1280 .an dollar 1.2410 1.2560 luro 1.9750 1.9980 IZ dollar 0.8610 0.8810 iterlini ind 2.2030 2.2290 JS dollar 1.4570 1.4740 .ocal dollars to 100 units if foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      152 24 May 14 Xterniqht 1/16 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.08 IS$ Offer 1/32 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.47 0.85 0 90 1.60 2.00 2.10 Offer 0.25 0.37 0.65 0.70 1.20 1.60
      152 words
    • Article
      Lock icon STOCK INDEX FUTURES
      11 24 May 14 STI IIMSCI Ma' 264.9 265.1 257.0
      11 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      18 24 May 14 Bid Offer -month 1.4655 1.4667 1.4655 1.4667 {-months 1.4654 1.4667 >-months 1.4651 1.4665
      18 words
    • Article
      Lock icon PALM OIL
      59 24 May 14 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position May 09 2899 lun 09 2770 lul 09 2740 Hug 09 2688 Total o/p: ***** contracts 2800 2899 2800 2762 2828 2763 2684 2759 2684 2655 2708 2648 Turnover: ***** Market tone:
      59 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      291 24 May 14 URODOLLAR FUTURES unO9 iepO9 DecO9 VlariO 99.2300 99.2050 99.0300 98.9300 4220 2959 2653 3137 EUROYEN TIBOR FUTURES unO9 99.450 99.450 iepO9 99.515 99.515 DecO9 99.520 99.520 VlariO un10 iep10 Dec10 \/lar11 99.450 99.510 99.520 99.450 99.520 99.525 99.495 99.460 99.380 99.335 99.250 22 2 *****
      291 words
    • Article
      Lock icon SICOM FUTURES
      189 24 May 14 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) lunO9 ul 09 174.5 \ugO9 174.5 iepO9 174.5 DctO9 174.0 \lov09 174.0 174.5 174.5 166.5 166.5 166.5 168.5 168.0 167.5 167.0 166.5 166.5 210 140 40 150 80 781
      189 words
    • Article
      Lock icon INTERBANK CROSS RATES
      446 24 May 14 iuro 'en (on 'eso lam 'ouni Australia 0.882 5.134 0.553 5.830 37.449 78.417 0.718 9.531 2.667 1.271 60.804 35.944 1.103 6.433 0.834 24.783 26.015 0.496 0.752 Canada 1.134 5.823 0.628 6.612 42.478 88.947 0.815 10.811 3.025 1.442 68.969 40.770 1.251 7.297 0.946 28.111 29.508 0.563
      446 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 24 May 14 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****E 13.08.09 -Year BY*****W 03.05.10 0.21 0.33 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low !-Year N5O61OOE 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 O-Year NY*****A 4.000 5-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      102 24 May 13 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1150.00 1137.50 1156.75 1135.00 Jul 09 1128.00 1117.50 1141.00 1112.75 Aug 09 1085.00 1075.00 1096.00 1070.75 Sep 09 1027.00 1023.50 1042.00 1015.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 38.90 39.39 39.84 38.70
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 24 CRUDE OIL PRODUCTS May 13 origin^ t/barrel Close Cham irent blend (1-Mth F) 58.75 0.41 VTI (Near Mth) 58.00 -0.82 iubai (1-Mth F) 58.07 0.55 "apis blend 61.90 0.70 i/linas 60.65 0.90 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 51.17 64.00 1.01 0.11 US$/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon SIBOR
      79 24 May 14 (USS) (S$) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (SS) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      79 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      161 24 May 14 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: 0.7520 0.7524 Australian dollar 1.1021 1.1035 Canadian dollar 1.2502 1.2517 0.8530 0.8534 iuro 1.9925 1.9944 1.3595 1.3598 IZ dollar 0.8668 0.8683 0.5914 0.5920 Sterlinc md 2.2207 2.2231 1.5152 1.5157 IS dollar 1.4656 1.4667
      161 words
    • Article
      Lock icon PRECIOUS METALS
      135 24 May 14 /oz) !ay_ \ay_ Hong Kong .ondon 921.30 923.80 922.30 924.80 May 13 May 12 925.50 919.50 926.50 920.50 Source: Thomson Reuters CAST BAR (S$) May 14 Buying Sellini Kilobar "46,760.07" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™
      135 words
    • Article
      Lock icon LONDON METALS
      64 24 May 13 minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1489.00 months 1527.00 1509.25 1547.00 Copper, Grade A (US$/tonne) :ash months 4428.00 4441.00 4574.50 4595.00 .ead (US$/tonne) :ash 1452.00 months 1455.00 1471.50 1475.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00
      64 words
    • Article
      Lock icon LIFFE COCOA (£/tonne)
      75 24 May 13 lose 'rev ■OW Way 09 1655 1687 1680/1600 ul 09 1601 1640 1641/1597 iepO9 1611 1644 1644/1608 Dec 09 1620 1647 1647/1617 IOFFEE (US$/tonne) Close Pev High/Low Way 09 1480 1485 1480/1469 ul 09 1500 1505 1505/1471 iepO9 1511 1518 1517/1482 SUGAR (US tonne) White
      75 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2379 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >036AdvanceSCTLtdW*****9 0.5 susp 3092 Asia Environment W*****4 5 1481 Asia Water Tech W*****0 18.5 5816 #Asiasons Capital W*****7 4.5 unch 40 !756# Asiatic Grp (H) W*****2 9.5 !105#AsiatravelW*****7 4
      2,379 words
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      Lock icon Page 25 Advertisements Column 1
      3107 25 m The Business Times Shipping Times ML Li^V WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M M £^^P^l W X ■BMlJL^fmJflßD^ %-~£l"\ v ill PC TEL:***** 588 (HLINES) FAX:*****163 L^P^" M* 1 ■r^ltllPr^B WBBBBIBjIBIWIBIBW \\^^> I WAN HAI INtj PHI TEL: <03) *****58S FAX: <03) *****28S PEN TEL: (04) *****00
      3,107 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2857 26 B§jHHB9EH9I-_B__l-_l__l I inn eastern car liner, ltd urn a®a^ i LTT!f W— specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I MiH^lWiMTlil'ilM I!^^ llM— H—~—~—^* I hyi, I unbi Iywl an Imlinl w I hk 1 3l^3Z^^^^ I CALMY CORAL 33 60 24/05 2 9/05 VESSEL
      2,857 words
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  • ARTS
    • Article, Illustration
      Lock icon Picture perfect, and eerily so
      790 27 Using charcoal, 2 artists depict figures to meditative, primordial effect, says CLARISSA TAN CHARCOAL, that material made up of compressed living matter from the past stilled life, if you like is the medium of choice in two concurrent art exhibitions at the NUS Museum. The
      790 words
    • Article, Illustration
      Lock icon Memorable trip through time, space
      813 27  -  ONG SOH CHIN By IF you had to pick one piece of furniture to sum up the *****, it would have to be the Panton Chair. Just as no other decade in recent history has had the same kind of impact on contemporary life and
      PANTON DESIGN, BASEL  -  813 words
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      Lock icon Not just for women, men should get it too
      501 27  -  R SIVANITHY BOOK REVIEW Gorgeous, Sexy and Rich: Money for Women in Good and Tough Times By Norma Sit Marshall Cavendish Pages: 288 Price $26.75 Rating: A By IT would be fair to say that most women prefer to leave financial
      501 words
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      Lock icon Learn with mother: an account of love and Alzheimer's
      526 27  -  CHEAH UI-HOON Even When She Forgot My Name Wong Chai Kee Epigram Pages: 182 Price: $15.80 before GST Rating: B+ By THE subtitle to Wong Chai Kee's book -Love, Life andMy Mother's Alzheimer's isn't one, I'd venture, that will compel many
      526 words
    • Article, Illustration
      Lock icon Something new under the sun
      654 28 SINGAPORE ARTS FESTIVAL The month-long festival is off to a fiery start with the opening act 'Helios IF by La Compagnie Malabar, reports CLARISSA TAN THIS evening, sparks will fly and giants will stride across the stage of the Marina Barrage. Colours will blaze and
      654 words
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      Lock icon Same roles 'tween performer, viewers
      471 28  -  AMANDA DE GUZMAN By MANY conversations take on a sense of theatre. There are roles of performer and audience, and they are constantly being interchanged. And this was partly the inspiration for Etiquette a work by UK-based avant garde theatre company Rotozaza. "Essentially, it's about
      471 words
    • Article
      Lock icon Much ado about something unique and irresistible
      563 28  -  AMANDA DE GUZMAN By SINGAPORE Repertory Theatre's Shakespeare in the Park series is the ultimate in simple luxuries. On a breezy night, the pleasures of Shakespeare's ringing prose being delivered outdoors by a capable cast have no comparison; throw in a home cooked
      563 words
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  • Page 28 Miscellaneous
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      508 28 I BUMIPUTRA Cina is a process-based I physical-theatre performance collaboration kS)L I between writer and playwright Verena Tay and 7 s 'm> I interdisciplinary artist Noor Effendy Ibrahim, 'i Hk exploring the rebirth of a contemporary Wk Singapore-born Chinese woman on the day of the t\ violent death of Lt.
      508 words
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  • CINEMA
    • Article, Illustration
      Lock icon Not convincing enough to make us believers
      617 29 Angels Demons is a flawed papal murder mystery, reports GEOFFREY EU HAVING cracked The Da Vinci Code a few years back, Harvard professor and noted symbols expert Robert Langdon has proven to be the go-to guy when it comes to murder mysteries involving
      617 words
    • Article, Illustration
      Lock icon Not the usual Hooray Henry
      374 29  -  AMANDA DE GUZMAN By HENRY Poole is Here is a rare and unusual film. It's a mainstream movie that has co-opted an indie aesthetic with hip, contemporary music and an excess of navelgazing. But director Mark Pellington's (Arlington Road, The Mothman Prophecies) latest outing would
      374 words
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      Lock icon Australia disappoints, Blindness falls short
      760 29  -  AMANDA DE GUZMAN DVD REVIEW By IN many ways, Australia is a film geek's dream: there's a lot of the epic, sweeping melodrama of Gone With the Wind, thrilling scenes that would be at home in any John Ford western, more than a touch of
      760 words
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      220 29 (^C~n M nc:V The First Room of Music Promotiorv YDV D N S^^JJ ZPI2O Zone Player whilestockslast i "5 out of 5 Stars. Sonos stands out otoo Controller from the vast landscape of digital music pc gT| Sbnebnv^ systems lor good reason. Its uniqueness I B ISB*^^ ,■—-> wlwe and
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  • Page 29 Miscellaneous
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      331 29 CRYPTIC CROSSWORD 4 Scratch game (8) 8 Lived in when engaged (8) jj 9 Leave no doubt it's a period __^J__^J__^^^^J__Ml ML_HH__MH__ 11 Unsuccessful student mak- "fi HI WU HI HI ing fresh start at Rugby (4,3) I^l BB WM WM B 13 Being in the wrong scene, ex- Ml
      331 words
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  • FASHION/WINE
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      Lock icon Buzzing with fun, fashion, glamour
      919 30 Buzzing with fun, f ashion, glamour The Audi Fashion Festival, Singapore's first ever independent fashion festival, lived up to its hype, reports MELISSA LWEE IT MAY not have been, but for a grand total of five days, a little tent outside Ngee Ann City threw recession caution to the wind
      919 words
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      Lock icon The taste of music
      564 30  -  CHRISTOPHER LIM By SOMEONE has finally done a formal pairing of wine and music. Wine is so often paired with food that it's a combination people take for granted. But instead of just focusing on your taste buds, why not titillate your ears too? Major record
      564 words
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      Lock icon Keeping wines in peak condition
      1166 30 ByNKYONG "OLD soldiers never die, they just fade away." That applies to old wines too, however great they have been in their prime. Those of us who collect old "bottles" sometimes forget that. We like to think that great and legendary wines last forever. They
      1,166 words
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  • MUSIC/GAMING
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      Lock icon Burning to fulfil his musical potential
      734 31 Local jazzman Greg Lyons is asking fans to fund a new album, reports CHRISTOPHER LIM SINGAPORE-BASED jazz saxophonist Greg Lyons is completely fed up with the lack of an album that truly represents him musically. "I have lived out more than half my time
      734 words
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      Lock icon Independent online music stores thrive
      488 31  -  CHRISTOPHER LIM By WHAT does the phrase "indie music store" mean in today's music market? Certainly not what it used to. Once upon a time, it meant small physical stores that built fan communities around the music they sold. This dying breed still exists in
      488 words
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      Lock icon Jazz pair: veteran sizzles, upstart surprises
      433 31  -  ONG BOON KIAT CD REVIEW Cassandra Wilson Closer to You: The Pop Side Blue Note Records Rating: ARenee Olstead Skylark Reprise Records Rating: B- By SCORES of jazz musicians have attempted to recast other music genres in jazz, but only the most elastic, adventurous
      433 words
    • Article
      Lock icon Final instalment fixes Fallout 3
      493 31  -  CHRISTOPHER LIM By THE only thing worse than a game that doesn't end properly is one that ends prematurely, and that's what Fallout 3 was until Tuesday, when that critical flaw was fixed by the last instalment of a trio of add-on chapters. Fallout 3
      493 words
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      181 31 I I^^%l I www.southaustralia.com Bfli Energy Saving Lamps Let's take action now and be committed in BifiiLCwwpHfff, 'jjf Mji'' U9^(twfmfK^ußol^Si protecting the environment and fighting "^^^Bißßti!!^'!^:. 1 HH g^| cmaecange. AAeAtUAe. 4 TjtfrjtmJ caaoio; MeJUuAe. 6feAeuofi^ (6,m>u jb T\M*.l.v^AAdUuAe. w&ao Today's action for Tomorrow's future. Return economy airfare Return economy
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  • executive lifestyle
    • Article
      Lock icon The plot thickens – with tapioca
      577 32 The plot thickens with tapioca off the cuff jaime ee FVEN as the excitement starts to wane over the recapture of Singapore's most wanted man, a document has emerged that may or may not be an account of his life since he spawned a legion of toilet escape jokes a
      577 words
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      Lock icon Bringing art to the mall
      1508 32 Soon, people will not just be going to the mall to see and buy things. They will be there to view art as well, if the new trend in mall design is anything to go by, reports MADHVI SUBRAHMANIAN AS shopping malls strive to capture
      YEN MENG JIIN  -  1,508 words
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