The Business Times, 27 May 2009

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Total Pages: 32
1 32 The Business Times
  • 24 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf_l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO 1 *****868E MICA (P) 197/08/2008 Wednesday, May 27,2009
    24 words
  • 811 1  -  OH BOON PING Analysts warm to asset class as prices continue to rise steadily across the board By [SINGAPORE] Commodity markets seem to have turned the corner, with market indices climbing more than 16 per cent from their troughs in the first five months
    : Bloomberg  -  811 words
  • MARKETS DIGEST
    • 51 1 Tuesi lay CI lange KL COMP 1,051.63 -1.51 NIKKEI 225 9,310.81 -36.19 HANG SENG 16,991.56 -130.26 SET INDEX 542.69 -7.82 JAKARTA COMP 1,857.59 -33.38 MANILA COMP 2,309.68 -24.94 SEOUL COMP 1,372.04 -28.86 SHENZHEN B 412.09 +2.70 MUMBAI IND 13,589.23 -323.99 12 noon EDT Change DOW 8,446.09 +168.77 NASDAQ 1,743.58
      51 words
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.228 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
    • 49 1 US$ S$ US$ (S$ per US$) 1.451 (USS/SS per 1.585 2.299 EURO (USS/SS/E) 1.394 2.023 Foreign currency per US$ S$ YEN 94.70 65.20 RM 3.510 2.419 HK$ 7.752 5.343 BAHT 34.47 23.76 RUPIAH 10,350 7,134 RENMINBI 6.830 4.708 INDIAN RUPEE 47.72 32.89 A$ 1.286 0.886 NZ$ 1.622 1.118
      49 words
  • 465 1  -  ANNA TEO Volatile sector expanded 78%, skewing industrial output numbers By [SINGAPORE] Industrial output has again exceeded expectations this time, on the up side, though April's strong improvement was exaggerated by a pharmaceutical surge. After sinking to an all-time low in March, manufacturing output
    465 words
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  • Page 1 Miscellaneous
    • 47 1 SHIPPING MOTORING £1 I SINGAPORE BT-NBS EXEC MONEY Marine offshore High-end hybrids Jy^-g^ ARTS FESTIVAL ROUNDTABLE The volatilityindustry excels power up the sales lsji| Re-inventing Mozart's Family business: Is there managed test page 21 page 23 W Magic Flute page 20 a future? PAGE 14 PAGE 32
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  • TOP STORIES
    • 513 2  -  WINSTON CHAI But larger merged entity will offer exposure to South Africa By [SINGAPORE] Singapore Telecommunications may get to dip its toes in underdeveloped mobile markets in South Africa if the complex share-and-cash swap between Bharti Airtel and the MTN Group goes through.
      513 words
    • 749 2 Bloomberg But weak rebound likely, with housing starts near WW2 low [BOSTON] The slump in the US housing market that caused the median value of homes to decline 24 per cent since 2006 may bottom next month without any prospect of a rebound
      Bloomberg; BLOOMBERG  -  749 words
    • THREE-MINUTE DIGEST
      • 84 2 COMMODITY markets seem to have turned the corner, with market indices climbing more than 16 per cent from their troughs in the first five months of the year. Yesterday, the S&P GSCI commodity index traded at around 412 points up 34 per cent from
        84 words
      • 78 2 SINGAPORE'S industrial output has again exceeded expectations this time, on the up side, though April's strong improvement was exaggerated by a pharmaceutical surge. After sinking to an all-time low in March, manufacturing output shrank "only" 0.5 per cent from a year ago in April,
        78 words
      • 58 2 SINGAPORE Telecommunications may get to dip its toes in underdeveloped mobile markets in South Africa if the complex share-and-cash swap between Bharti Airtel and the MTN Group goes through. Industry analysts say this may come at the expense of a major stake reduction
        58 words
      • 62 2 A STALLED independent audit due to lost records means that China Sun's FY2OOB finandals are far from being finalised. But, its board has now reinstated chairman and CEO Sun Guiji in name, while restricting his access to the group's accounts and authority to
        62 words
      • 69 2 THE Monetary Authority of Singapore has proposed to make annual general meetings mandatory for real estate investment trusts. Under the proposal, all Reits regulated as collective investment schemes in Singapore will have to, with effect from Jan 1, 2010, hold AGMs
        69 words
      • 50 2 THE commodities trading sector in Singapore looks set to get a boost from new initiatives. International Enterprise Singapore is launching a fund to partially defray course fees for companies that send their staff for professional courses at the International Trading Institute. COMPANY NEWS, PAGE 8
        50 words
      • 94 2 PHASE two of the Design Singapore Initiative (DSG-II) was announced yesterday a blueprint of fresh strategies to grow Singapore's design sector over the next five years. Design Singapore Council, an offshoot of the Ministry of Information, Communications and the Arts, said that
        94 words
      • 72 2 CHINA is defending the quality of its economic data, arguing that figures showing declines in energy use mean the economy is changing, not contracting. Data on China's electricity consumption have long been used as a benchmark for industrial activity, but as the economy shifts
        72 words
      • 70 2 JPMorgan Chase stands to reap a US$29 billion windfall thanks to an accounting rule that lets the US bank transform bad loans it purchased from Washington Mutual into income. Wells Fargo, Bank of America and PNC Financial Services Group are also poised to
        70 words
    • 496 4  -  TEH SHI NING Firm reinstates him but curbs his access to accounts and loan handling By [SINGAPORE] A stalled independent audit due to lost records means that China Sun Bio-Chem Technology Group's FY2OOB finandals are far from being finalised. But, its board has
      496 words
    • 558 4 [SEOUL] North Korea, defiant in the face of international condemnation of its latest nuclear test, fired two more short-range missiles off its east coast yesterday and accused the United States of plotting against its government. In a move certain to compound tension
      REUTERS  -  558 words
    • 663 4  -  LYNETTE KHOO PwC also finds various payments and receipts with unknown purposes By [SINGAPORE] The special audit on Oriental Century has found that accounting records, bank statements and student numbers were falsified. Various payments and receipts with unknown purposes were also uncovered. This report
      663 words
    • 402 4 Bloomberg LATEST US DATA [NEW YORK] Confidence among US consumers jumped this month to the highest level since September, reflecting growing perceptions that the job market will improve. The Conference Board's sentiment index surged to 54.9, higher than forecast and the biggest
      – Bloomberg  -  402 words
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    • 387 2 SINGAPORE MANAGEMENT UNIVERSITY EQUIPPING YOU FORTRADING SUCCESS TRADING KNOWLEDGE, DEVELOPING TALENTS I Guide to Emissions Trading Physical Crude Oil Refined Products Trading 2 nd Intake Sep 16 -17 2009 Jun 19 2009 Perspectives of both trader and supply analyst. Examines International, National/State, voluntary Discusses fundamentals, major crude oil and inter
      387 words

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    • 900 3 'f*-i%i*'--- m^mlm m.mmm m m m Wm. I i 'WW jmmmi Ww W-mm. m ~jjkWmm\ *J* Jkmm\mX.- *.\^^dW. HH "I IR _i__* 11 ■iifltoiii •■->*—*■■ -r^ fch m i ''fcnßgjgll 55 HSkl (Tm WT ■<■ 1 r ______-FSBSv*?*st r^^^ mm I! 2 J fi^DtLHi^am Bff' THB^^^^ '"-J-B i^ _^B „_fc—MfcyrZMt
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    • 978 4 V#_d^ AT^T^T^-r> r> Toll free: 1800-289-8822 m^t-Wzr |\J II If .H Email: notices@sPhcoms_L \mmJ _l_ __L V»__* J—/ k3 www.cats.com.sg In The Matter Of The Companies Act, ».«_i f«-t mw iw« Cap. 50 And In The Mate Of LASERRESEARCH (S) PTE LTD BUSINESS DEVELOPMENT ASIA (IN PROVISIONAL LIQUIDATION) united pte
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    • 206 5 ETF MANAGER OF THE YEAR.* In a year of economic uncertainty, the desire assets compared with USD70 billion in 2007. for more liquidity, transparency and cost- And, we're proud to announce that Barclays effectiveness resulted in dramatic inflows to Global Investors, the Manager of iShares the Exchange Traded Funds (ETFs)
      206 words

  • COMPANY NEWS
    • 473 6  -  EMILYN YAP It says compulsory AGM would improve corporate governance By THE Monetary Authority of Singapore (MAS) has proposed to make annual general meetings (AGMs) mandatory for real estate investment trusts (Reits). Under the proposal, all Reits regulated as collective investment schemes
      473 words
    • 334 6  -  YEN SREENIVASAN By FACED with tough operating conditions, the management of SIA Engineering Company (SIAEC) is taking a wage cut of up to 20 per cent from June 1. Meanwhile, negotiations are in progress with all three unions on appropriate measures to manage the
      334 words
    • 418 6  -  LYNETTE KHOO By THE completion of a special audit to investigate certain transactions at NEL Group has been delayed. NEL said yesterday that the special auditors, Ernst Young Risk Advisory Services, had informed the audit committee on Monday that the delay was "due to
      418 words
    • 677 6  -  UMA SHANKARI m APITACOMMERCIAL Trust (CCT) last Friday announced an $828.3 million one-for-one rights issue. The question, however, is whether the office trust really needs a rights issue at this point in time as it faces no immediate refinancing worries. After
      677 words
    • 650 8  -  VICTOR KATHEYAS 53 trading firms to set up regional or global HQ in Spore this year By SINGAPORE looks set to boost the commodities trading sector with around 53 international commodity trading firms planning to set up their regional or global offshore trading and
      650 words
    • 331 8  -  JAMIE LEE By THE Singapore Commodity Exchange (Sicom) is working with India's largest agricultural commodity exchange National Commodity Derivatives Exchange of India (NCDEX) to develop products for cross listing. Under the agreement signed yesterday between Sicom and NCDEX, Sicom would be able to
      331 words
    • 429 11  -  OH BOON PING Investors showing growing preference for absolute returns now, says SocGen By THE severely battered hedge fund industry may soar again as volatility normalises to levels seen prior to Lehman Brothers' collapse. French bank Societe Generale (SocGen) also sees a growing preference
      429 words
    • 423 11  -  JESSICA YEO By, IN THE absence of a huge fair value gain on investment properties this time round, KSH Holdings' net profit dropped 55 per cent drop to $14 million for its full year ended March 31, 2009 -from $31.4 million for
      423 words
    • 524 11  -  LYNETTE KHOO By CITING lower average selling prices and gross margins, China Essence Group posted a 28 per cent fall in net profit to 171.87 million yuan (5536.5 million) for the full year ended March 31, 2009. This is despite a 4 per cent
      524 words
    • COMPANY BRIEF
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    • 728 6 V#^L r> Toll free: 1800-289-8822 fV Ifl Iff L, V Email: notices@sph.com.sg J. V^^/ J. J. V_> 1* kj www.cats.com.sg 1 JPMorgan Chase Co. parent company of JPMorgan Chase Bank, National Association JPMorgan Chase Co. JPMorgan Chase Co. Condensed Consolidated Statement of Income Condensed Consolidated Balance Sheet For the year
      728 words
    • 102 6 I- l"I I i 11'FINANCIAL REPORTING PAYROLL PROCESSING XBRL Filing Payroll Administration SWAT Accounting Leave Administration Routine Accounting GST Training Administration Reporting Staff Insurance Administration CFO2SME™ Claims Processing Business Crisis Management Employment Pass Work Permit Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES SAGE ACCPAC ERP Technical Managed Services in Accounting
      102 words
    • 1 6 Us
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  • Page 7 Advertisements
    • 157 7 For more information please visit www.porsche.com.sg Strikingly athletic and dynamic. The Cayenne SporlDesign Special Edition. The Cayenne SportDesign Special Edition is equipped with the stylish SportDesign Package, including redesigned aprons, side skirts and a bi-plane roof spoiler. Its sporty character is further underlined by the 19-inch Cayenne Design wheels, sports
      157 words

  • Page 8 Advertisements
    • 1110 8 V*Z7 riA^rT/nrr To"free: 180°-289-8822 m&^- lx.lll If _H Email:notices@s Phcom-s9 JL V-*/ JL JL^«_» I■■ kj www.cats.com.sg O Standard Bank Standard Bank Pic Consolidated balance sheet at 31 December 2008 2008 2007 USsm USsm Assets Derivative assets 11 162.9 7111.5 Trading assets 4 904.1 8 667.3 Pledged assets 207.4 26.2
      1,110 words
    • 208 8 •gl 18----!-!!!----5n j^n-----------------_---A Compelling Investment Case for Regional and Global Investors 2 June 2009 Raffles Hotel, Singapore Investment Seminar (2:oopm 6:00pm) Cocktail Reception (6.00pm 8.00pm) Listen to these speakers about the investment opportunities and equity investments in Egypt, and the Egyptian political, social and economic background r% J^l Hisham Ezz-EI-Arab
      208 words

  • Page 9 Advertisements
    • 172 9 www.audi.com.sg The new Audi Q5. For those who want more out of life. itmm^ t M jw i jr .m^mw Ma mm ________B____f /it ,—^^^^^^m^mmmmmm\ V~ There are no Limits when style and technology are perfectly synchronised. Your passion takes you to the roads for leisure and to the skies
      172 words

  • SINGAPORE MARKETS
    • 640 10  -  OH BOON PING CURRENCIES Regional stocks take a hit as investors take cover in the greenback ASIAN currencies lost out against the US dollar yesterday, as tension on the Korean peninsula added to worries about the global economic outlook. The South Korean won plunged 1.12
      640 words
    • 228 10 Changes since Dec 31,2008 YEAR TO DATE MAY 26'09 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 94.96 4.59 101.23 87.11 SGD 1.4537 1.64 1.5579 1.4308 IDR ***** -4.79 ***** ***** THB 34.49 -0.63 36.31 34.40 CNY 6.8306 0.11 6.8560 6.8220 MYR 3.5125 1.78 3.7370 3.4550 CURRENCY
      228 words
    • 96 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 8 4 0 0 0 8 8 4 lanufacturing 38 79 67 13 44 83 80 Commerce 11 32 23 13 36 27 'pt/Stor/Comms 13 18 10 14 18 12 :inance 12 12 Construction 11
      96 words
    • 107 10 MAIN SDQ TOTAL MAIN SDQ TOTAL I ul-ti Ind 22.791 22.791 74.674 74.674 lanufacturing 620.500 21.270 641.770 314.813 1.152 315.966 lommerce 502.102 4.926 507.028 105.105 492 105.598 'pt/Stor/Comms 269.834 1.774 271.608 262.127 198 262.325 :inance 35.925 35.925 198.558 198.558 lonstruction 200.454 1.366 201.820 29.581 113 29.694 ■roperties
      107 words
    • 103 10 lapitaLand 3.440 -0.070 Noble Grp 1.600 -0.070 lapitaMall 1.290 -0.010 OCBC Bk 7.020 -0.130 lityDev 8.100 -0.010 Olam 1.800 -0.040 lomfortDelGro 1.280 S IA 12.000 -0.140 Iosco Corp 1.190 -0.040 SGX 7.040 -0.160 IBS Grp 11.440 -0.200 SIA Engg 2.490 4-0.020 :&N 4.020 -0.040 SMRT 1.600
      103 words
    • Article, Illustration
      777 10  -  JAMIE LEE Sing Tel May 26 close: $2.74 CITI INVESTMENT RESEARCH, May 25 ALL we have seen and read suggests Sing Tel has no direct deal involvement and that the current 30.5 per cent (effective) stake in Bharti dilutes to about 19.4 per cent. Sing Tel likely becomes
      777 words
    • 500 10  -  R SIVANITHY STOCKS EXPECTATIONS of a weak Tuesday on Wall Street dragged the Straits Times Index down 28.67 points to 2,238.79 yesterday after it had risen 57 points in the previous two sessions, or 128 points in six trading sessions.
      500 words
    • 4 10 DAILY
      4 words
    • 55 10 CLOSE IT OB/OS 143.00-185.0C IT CADI -*****.00 -97.0' IT 10-day MA -*****.00+14.01 TSE ST Mid Cap 492.04 -4.0! TSE ST Small Cap 420.27 -5.4! TSE ST All Share 544.42 -6.5' TSE ST China Top 233.04 -2.2' TSE ST China 228.54 -3.9! OB Catalist 96.20 -0.01 IMSCI 269.03
      55 words
    • 59 10 VOLUME .bterra 317,304,000 .usGrou 177,607,001 niFiber 104,631,000 ientini SP 92,113,001 "elestial 71,698,000 'ani l_li iani 66,614,001 ia Hld< 61,688,001 iolden Ar 59,834,00! idas 51,551,000 iosco Cori 45,842,00! VALUE($) .usGrou 109,058,155 iBS Gr| 81,168,08* ientini SP 81,026,171 i Land 60,245,587 iini jTel 57,325,171 ■osco Cori 55,764,651 'ani l_!i
      59 words
    • 101 10 CLOSE UP 1440 90.0 6.7 ;TXPO 100 ICBC Bk4.5%NCPS 100 8970 50.0 0.' ICBCC 5.1%NCPS 100 9050 40.0 0.. IMH 2400 37.7 1.1 Thailand 10US$ 347 37.7 8.1 ISH 1368 17.4 0. Teative Tech 400 15.0 3. ilanMBLeCW***** 50 13.5 37.' :50 10US$ 299 13.1 3.1 iBS Bk6% NCPS
      101 words
    • 126 10 BY CENTS CLOSE DOWN 9312 -56.6 -0.4 LP 10US IQB DB ePW*****8 12.5 -50.5 -80.2 reat Eastern 960 -30.0 -3.0 China H 10US 1268 -29.0 -1.i IS MSCI India 100 511 -26.1 -3.4 iBS Gr| 1144 -20.0 -1.7 India Ni 10 1273 -20.0 -1.1 HA 200 1200 -20.0 -1.6
      126 words
    • 85 10 Wh lere S! stands May 26 CHNG CLOSE FRMay25 YR2009 S$ LOW S$ HIGH uss 1.4537 -0.34 1.5579 1.4308 Euro 2.0183 0.30 2.0732 1.9150 Pounds 2.2967 0.17 2.3007 2.0356 1.1246 0.40 1.1321 0.9453 'en* 1.5309 -0.40 1.7278 1.4831 Rupiah* 0.***** 0.10 0.***** 0.***** Baht* 4.2148 0.01 4.3390 4.1040 Peso*
      85 words

  • Page 11 Advertisements
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      58 words

  • SINGAPORE NEWS
    • 578 12  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT Pre-emptive move serves to protect these workers' jobs, he says By1 ON the second day ofthe debate on the President's Address that mapped out the government's priorities for the remaining legislative term, Members of Parliament
      FILE PHOTO  -  578 words
    • 200 12 MOVIE makers will get a new space to explore their creativity through party political films, under the amended Films Act in place from yesterday. Explaining how classifying a film as political will work under the act, Richard Magnus, chairman of the Political
      200 words
    • 386 13  -  TEH SHI NING Singapore on track to meet 2015 target of 46,000 jobs in the design cluster By PHASE two of the Design ingapore Initiative (DSG-II) was announced yesterday a blueprint of fresh strategies to grow Singapore's design sector over the next
      386 words
    • 448 13 By LEE U-WEN EUROPE'S largest accounting body the Institute of Chartered Accountants in England and Wales (ICAEW) has chosen Singapore for its first international office in South-east Asia. The United Kingdombased ICAEW, a world leader ofthe accountancy and finance professions, officially opened its
      448 words
    • 564 13  -  KALPANA RASHIWALA By THE industrial property market may be weak but the Urban Redevelopment Authority has received a successful application for the release of a 2.5-hectare plot at Woodlands Industrial Park E5. The minimum $12.5 million that the successful applicant has undertaken to bid
      564 words
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    • 303 13 -a: o ac «c o a r" BH pw^ £$4, mmm^^MaJk a^U BBBWBBRffBI f Jif -'J\m* .1 W '^fh-'-9^ *&\^lli7'' iiii^S "%:':""rr i lw <•• r. <**- f ft-f-r- frA#f-t-rr2i £7^ la \-m**JJ9m%i vw' f*T lii »%iC-- v -^TU our return home is a long-awaited celebration in the making. And
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  • BT-NBS ROUNDTABLE
    • 3233 14 OVERVIEW IN an ongoing Nanyang Business School-Business Times Roundtable discussion series, senior professors at Nanyang Technological University's business school highlight some ofthe problems faced by family businesses in transforming themselves into modern enterprises as control passes to the next generation and suggest some possible
      3,233 words
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  • ECONOMY WATCH
    • 524 15 Reuters Record decreases in exports, investment drag down Europe's largest economy [BERLIN] A record slump in exports and investment sparked the German economy's biggest contraction since reunification in the first quarter, though robust consumer spending helped to soften the blow, official data showed. Confirming
      – Reuters; REUTERS  -  524 words
    • 525 15 -AFP [MOSCOW] Russian officials yesterday announced an even gloomier economic outlook than previously anticipated after President Dmitry Medvedev urged government spending cuts, especially in spendthrift regions. After nearly a decade of oil-fuelled budget surpluses, Russia will this year have a deficit equal
      -AFP  -  525 words
    • 219 15 Bloomberg [TOKYO] Japan's deepest postwar recession is encouraging cash-strapped consumers to eat more bean sprouts, ketchup and cheap beef, according to a report by Dai-Ichi Life Research Institute. Spending by each household fell a record 69,509 yen (Ssl ,060) last year, Toshihiro
      – Bloomberg  -  219 words
    • 497 16 It says measures to raise financing access are enough to support demand [KUALA LUMPUR] Malaysia's central bank refrained from cutting interest rates for a second straight meeting, betting that the economy will improve after contracting last quarter for the first time since
      AFP  -  497 words
    • 465 16  -  S JAYASANKARAN By in Kuala Lumpur FORMER Malaysian prime minister Mahathir Mohamad has urged the authorities to rethink the idea of using nuclear plants to generate cheap energy by 2020. On Monday, it was reported that the head of Tenaga Nasional's nuclear unit
      465 words
    • 234 16 Reuters [JAKARTA] Indonesia's anti-corruption agency is able to conduct its business as usual despite the suspension of its chief, who is a suspect in a murder investigation, a deputy chairman of the agency told Reuters. But the operations ofthe Corruption Eradication Commission, known as KPK, faced
      Reuters  -  234 words
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    • 2368 16 w d\ MATS JL^I V^>/ JL Wm*mJ JL l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg J BARCLAYS Head Office: 1 Churchill Place, London El 4 SHP UK. Registered in England. Registered No: *****. Singapore Office: Level 28 One Raffles Quay South Tower Singapore *****3. Tel: 6308 3000 The following
      2,368 words

  • GREATER CHINA/INDIA
    • 645 17 -AP It argues lower energy figures mean economy is changing and not contracting [SHANGHAI] China is defending the quality of its economic data, arguing that figures showing declines in energy use mean the economy is changing, not contracting. Data on China's electricity consumption have
      -AP  -  645 words
    • 469 17 Bloomberg [HONG KONG] A 1985 rust-and-orange-hued oil painting by Chinese master Zao Wou-ki fetched HK$9.6 million (Ssl.B million), the top lot at a Hong Kong auction where works by established artists sold for the highest prices. Mr Zao's "25-03-85" had a presale
      – Bloomberg; BLOOMBERG  -  469 words
    • 260 17 -AP [BEIJING] China says it may encourage private investment in state-con-trolled industries such as railways, oil and power generation in an effort to boost the efficiency of the world's third-largest economy. The announcement on Monday by China's top planning agency comes as Beijing
      -AP  -  260 words
    • 170 17 [NEW DELHI] The Indian benchmark index Sensex could rise to the 19,500 level this year, if the government pushes through economic reforms, analysts said, India media reported. Market experts believe that the reforms expected to be carried out by the new government may keep
      170 words
    • 514 17 Bloomberg The telco may borrow as much as 90b yuan this year [BEIJING] China Telecom Corp, the country's biggest fixed-line carrier, will seek a domestic share listing when selling stock becomes more cost-efficient than raising money in the debt market, chairman Wang
      – Bloomberg  -  514 words
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    • 211 17 ÜBS is honored to be recognized by its clients as the 'Best Private Bank in Asia' in the 2009 Asiamoney Private Banking Poll. The award follows hard on the heels V^| K| of ÜBS being voted 'Best Global Private Bank' for the sixth consecutive year by ill M ill AIIS
      211 words

  • ASIA-PACIFIC/WORLD
    • 526 18 -Bloomberg I Rule allows bank to transform bad loans it bought from WaMu into income [SAN FRANCISO] JPMorgan Chase stands to reap a US$29 billion windfall thanks to an accounting rule that lets the second-big-gest US bank transform bad loans it purchased from
      -Bloomberg I  -  526 words
    • 330 18 Reuters [LONDON] The first woman to chair Oxford University's poetry department announced she was stepping down following allegations that she was involved in a campaign to discredit a rival for the post. Ruth Padel, an awardwinning poet who has taught at both Oxford
      – Reuters; AP  -  330 words
    • 325 18 -NYT I [NEWYORK] The economies ofthe developed world have had their worst quarterly showing in decades, the Organisation for Economic Cooperation and Development (OECD) said on Monday, even as more signs emerged that the pace of the decline was easing. The combined gross domestic products
      -NYT I  -  325 words
    • 196 18 Bloomberg [TOKYO] Aquascutum Group pic, the 158-year-old label favoured by British royalty and actor Pierce Brosnan, may be sold to the Hong Kong clothier that distributes the label in China and South-east Asia. Japan's Renown Inc, which bought the British
      ■ Bloomberg  -  196 words
    • 747 19 Reuters AMERICA'S AUTO WOES Union officials meet to ratify cost-cutting labour deal with GM as deadline looms [DETROIT] United Auto Workers' officials were due to gather yesterday to hear how many more US factory jobs GM will cut as the embattled carmaker enters what
      Reuters  -  747 words
    • 384 19 AP [WASHINGTON] President Barack Obama will spend some of US$4 billion in economic stimulus money that was budgeted to renovate public housing on creating so-called "green jobs" by making the dwellings more energy efficient, a Cabinet secretary planned to announce yesterday. Mr
      AP  -  384 words
    • 400 19 Reuters Govt offer will help small firms raise cash in US dollars [TOKYO] Japan threw another lifeline to small firms in need of cash dollars by promising to channel funds from a government-affilia-ted bank even as credit market conditions show signs of improvement. Finance Minister
      Reuters  -  400 words
    • 1 19 ".mm*
      1 words
    • 146 19 REUTERS [ROLAND GARROS, Paris] Once again, you could see her as she galloped along the baseline and coquettishly tucked those stray strands of hair behind each ear before a serve. Once again, you could hear her as she shrieked not nearly so demurely through her groundstrokes.
      REUTERS  -  146 words
    • 146 19 Reuters [NEW YORK] The US Justice Department is increasing its prosecutions of alleged acts of foreign bribery by US corporations, forcing them to take costly steps to defend against scrutiny, The Wall Street Journal reported on Monday. At least 120 companies are under
      Reuters  -  146 words
    • 290 19 Reuters [TOKYO] Japan's environment minister said setting a target to cut greenhouse gas emissions by 15 per cent by 2020 from 1990 levels was one option for the country, a newspaper reported yesterday. Environment Minister Tetsuo Saito also told the Asahi newspaper in
      – Reuters  -  290 words
    • 381 19 Reuters Stance shows they put profits before environment: critics kom, referring to the need to cut the cost of alternatives to fossil fuel energy. "This is not about capability, it's about cost," said Tony Hayward, chief executive of British oil company BP.
      ■ Reuters; International Monetary Fund, Bloomberg graphic  -  381 words
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    • 1107 18 w A MAIS OWOORI BANK (INCORPORATED IN THE REPUBLIC OF KOREA) Non-consolidated Balance Sheet Non-consolidated Statement of Income As of December 31,2008 and 2007 As of December 31,2008 and 2007 (Unit: Korean Won in millions) (Unit: Korean Won in millions) 2008 2007 2008 2007 ASSETS OPERATING REVENUE Cash and due
      1,107 words
    • 990 18 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg ©FIRST COMMERCIAL BANK CO., LTD (Incorporated with limited liability in Taipei, Taiwan, R.O.C.J BALANCE SHEETS as of December 31,2008 and 2007 I STATEMENTS OF INCOME for the years ended December 31,2008 and 2007 I (Expressed in Thousands of New Taiwan Dollars) (Expressed in Thousands
      990 words


  • SINGAPORE ARTS FESTIVAL 2009
    • 792 20 Mozart opera gets the world-music treatments, reports CHRISTOPHER LIM IF you've seen the play Amadeus or the 1984 movie based on it, try imagining Mozart dressed in tribal gear and speaking an African language. The inverse is happening tomorrow night, when
      792 words
  • Page 20 Advertisements
    • 1874 20 _^d] WATS X^l \mmJ -L J_^»^ -L l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Bomb CIMB Bank Berhad (*****-P) (Incorporated in Malaysia) (a) The capital adequacy ratios of the Bank are as follows: The Bank* The Group The Bank Z^, zz^i Z^-7 2008 2007 2008 2007 2008 2007 RM'nnn
      1,874 words

  • TransportHUB
    • 628 21 Marine offshore industry excels Its total output jumps to a record $15.4b in 2008, 18 per cent more than the $13.05b the previous year, reports VINCENT WEE THE marine and offshore industry had a stellar year riding the global oil and gas industry boom in 2008, with total output rising
      AP  -  628 words
    • 829 21  -  DAVID HUGHES STRAIT TALK By THERE may be tentative talk of a recovery from the global downturn, but for shipping, it is likely to be a long haul back to the good times. This will come as no surprise to those who
      829 words
    • 822 21  -  CHARLES FOO By THE Arctic holds significant undiscovered oil and gas reserves, 13 per cent and 30 per cent respectively according to the US Geological Survey; Circum-Arc-tic Resource Appraisal, 2008. Some of the studies related to the Russian Arctic undertaken by researchers at Keppel Offshore
      822 words
    • 404 21  -  VINCENT WEE By AT a time of when many shipowners and operators are desperately cutting costs to stay above water, DNV has warned that some of those measures could turn out to be counter-pro-ductive in the long run. Some of the
      404 words
    • TRANSPORT HUB: AVIATION
      • 445 22  -  NISHA RAMCHANDANI Transport minister stresses cooperation to combat downturn and HINI fallout By AIRLINES and Changi Airport need to work closely to combat the economic downturn and the fallout from swine flu, Transport Minister Raymond Lim said yesterday. "With these two blows, it is
        445 words
      • 558 22 Bloomberg [SYDNEY] Qantas Airways, Australia's biggest carrier, has joined Singapore Airlines in charging more for an exit row seat with extra legroom as it forecasts a record second-half loss. The price will be an additional ASBO-160 (Ss9o--180) per ticket for econo-my-class passengers
        Bloomberg; AFP  -  558 words
      • 2607 22 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
        2,607 words
      • 212 22 -AFP [LONDON] British airline Virgin Atlantic said yesterday that profits almost doubled in 2008-09, in contrast to a large annual loss at rival British Airways, despite choppy oil prices and a fierce recession. Pre-tax profits rocketed by 96.5 per cent to £68.4 million (*****.62 million)
        -AFP  -  212 words
      • TRANSPORT STOCKS
        • 106 22 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.51 0.25 1.19 0.50 1.30 0.45
          106 words
        • 36 22 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.78 8.55 8.50 3.28 2.73 0.03 0.11 -0.02 0.15 unch 0.04 -0.01 0.01 -0.01 54 741 860 968 13 55 6557
          36 words
        • 12 22 ■oo 'recious Ship Regional Cont 16.30 7.55 -0.40 -0.05 346: 163)
          12 words
        • 11 22 '000 Doil iingamas Cont 31.30 0.79 -1.90 270! -0.02 3285'
          11 words
        • 16 22 '000 Aboitiz Equity Intl Container Keppel Marine 6.20 15.00 unch unch -0.75 unch 36! 228!
          16 words
        • 23 22 bj. Evergreen Marine ....18.30 :irst Steamship 47.80 /Van Hai Lines 18.20 t'ang Ming Marine...13.65 -0.45 -0.30 0.40 0.45 2( c 1( 9;
          23 words
        • 38 22 '000 :awasaki Hvy Ind ..205.00 :awasaki Kisen 394.00 /litsubishi Hvy 326.00 /litsui Eng&Sbldg...224.00 /litsui OsR Lines 628.00 Jippon Express 383.00 Jippon Yusen 426.00 -1.00 8231 2.00 7751 unch 9981 -3.00 5541 -3.00 1102! -2.00 2121 -4.00 719!
          38 words
      • 459 22 Bloomberg [MADRID] Iberia Lineas Aereas de Espana SA, the Spanish airline planning to merge with British Airways pic (BA), may conclude the tie-up within months, commercial director Manuel Lopez Colmenarejo said. "It's possible and even likely that it's a question of months,"
        – Bloomberg  -  459 words
    • TRANSPORT HUB: MOTORING
      • 716 23  -  SAMUEL EE Eco-friendly Lexus cars in demand despite shrinking market, downturn By SALES of premium hybrid cars are rising but it's not because of sky high pump prices. Rather, buyers of upmarket Lexus petrol-elec-tric hybrids like the prodigious power that these models pack, says
        ZAINAL JAMARI/BERITA HARIAN  -  716 words
      • 539 23  -  SAMUEL EE By EZ-Link Pte Ltd has branched out from the Singapore public transport business and entered the global pre-paid card arena with Master Card. The Fevo pre-paid card can be used to make cashless payments at retailers wherever MasterCard is accepted some 28
        539 words
  • Page 21 Advertisements
    • 73 21 'ES HE CAN MAKE YOU LAUGH Tune in to Rod Monteiro the Married Men WEEKDAYS,SPM TO BPM L. I ■V' I■ I 4 B ili -1 ■aLL* I Ib*. ll hI V *?1 i I I 1111/ k Itvl 11 iTil HfillNy I rl the station that rocks the NATION!
      73 words

  • Page 22 Miscellaneous
    • 447 22 CRYPTIC CROSSWORD ACROSS 1 1 1 1 j 1 5 Interruption affected us bad- I j ly, adult admitted (6) 8 I I 8 Morse can go wrong in love I B affairs (8) 9 9 Match officials given twenty "io- i j l rules devoid of content! (7) _BL__J^HL_^ML_H_
      447 words


  • EDITIORIAL & OPINION
    • 502 24 GLOBAL economies may still be in the doldrums but crude oil prices have rebounded some 80 per cent from its December low, crossing US$6O per barrel. Prices have braved high stock levels and higher spare capacity, occasionally drawing on the weak US dollar. Oil has
      502 words
    • 1135 24  -  WINSTON NGAN The financial crisis has put considerable strain on the use of fair values By RECENT market events continue to have overarching effects on virtually all industries and the global economy. Companies are finding various degrees of difficulty in addressing their liquidity and
      AFP  -  1,135 words
    • 763 24  -  FRANK CHING THE BOTTOM LINE THE visit to China this week by the US Speaker of the House Nancy Pelosi, one of the strongest critics of Beijing's human rights record for the last two decades, has spurred speculation as to what she
      763 words
    • 1222 25  -  JOERGEN OERSTROEM MOELLER The adjustment process requires more than just stimulating the economy and involves a worldwide rebalancing By THE current financial and economic crisis seems to be moving into a phase where the deceleration is losing steam. But we are still in unknown
      AFP  -  1,222 words
    • 767 25  -  JOYCE KOH By THE debate is heating up on overhauling executive pay in America, even as differences emerge on how best to restructure a bonus system blamed for creating an excessive risk-taking culture that spawned the global financial crisis. Whether it is pulling the plug
      AFP  -  767 words


  • SINGAPORE STOCKS
    • 8822 26 Transaction date: May 26 Hi; !-wks Tel Low Code Corrrj Sale COOP) Hii Low Bu] fer Seller C'vr P/E $mil >an] 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 15 5.5 1938 AEI Corp 8.5 1 1100 AEM 22.5 7 2101 APOil 74
      8,822 words
    • 1631 27 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 19 5 1181 s AAGrp 32 12 8538 t APStrategic 3.5 0.5 1501 s Advanced System 10.5 2 3480 t Adventus 27.5 8.5
      1,631 words
    • 367 27 52-Wk Tel h Low Code Last Sale Vol COOP) Day Last Quote ih Low Buyer Seller Div GrYld C'vr Net MCap P/E Smil _Hm Col _H|< 109 100 6389 ABF SG Bond ETF 109 964 427 CIMBAsean40 100US$ US614 unch 232 149 DBS STI ETF 100 227 -1
      367 words
    • 255 27 52-Wk Tel ligh Low Code Last Sale Vol COOP) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comj >am Hii 70 20 6000 AVJennings 15 8 6134 Over&Gen 24.5 6 6017 StarCruises 235 103 6019 TanChonglnt A26 A15 I ISI 5.5 IIK145
      255 words
    • 9351 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.786/ AIGIF Spore Bond Fund/ A 1.236/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.94/ APS Alpha Fund (USD)!** 0.65/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.4993/ APS Komaba
      9,351 words
  • Page 26 Advertisements
    • 33 26 m^l aS H r^S^fe**^-^. yIIIDFMARS PICIIFT V?»^S^^^H^A^ AsJ !»ssl?^i§§ WHERE EXTREMES MEET <; *mk\ ROYAL OAK OFFSHORE COLLECTION XJ^^ J^Ji^*^Wrliil^ifc''*. ydf t"-"^ ~lkm^//& For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com rft£r f ''^r^^^i^^L^^^^^ii^.' ■**ym.\-:"
      33 words


  • FINANCE & COMMODITIES
    • 353 28 %dy %yr dy yr dy yi Index Change Change Change Change Change Change May 25 World Index Preliminan 684.8 0.2 1.0 0.5 2.8 0.1 2.. EAFE Preliminai 664.6 0.3 2.4 0.6 4.9 0.2 4.! Euro[ Preliminan 923.7 0.2 1.3 0.6 5.5 0.3 5.1 Pacific 563.8
      353 words
    • 60 28 May 26 )ltil/ltilT> lelivery lonth Opening Range Sett Av Price Price Hii Vol Open Done Position Low lun 09 2534 lul 09 2449 Uig 09 2449 .ep 09 2432 Total o/p: ***** contracts 2470 2543 2430 2425 2493 2379 2430 2469 2350 2370 2455 2338 Turnover: ***** Market
      60 words
    • 16 28 May 26 STI .IMSCI Ma' 273.7 274.9 268.9 "aiwan May 245.5 247.2 243.5
      16 words
    • 20 28 Bid Offer -month 1.4504 1.4512 1.4503 1.4512 {-months 1.4503 1.4512 i-months 1.4502 1.4512 Source: OCBC
      20 words
    • 69 28 May 26 mth 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths 0.***** 0.***** 2 mths mths mths 1.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.*****
      69 words
    • 287 28 May 26 URODOLLAR FUTURES un09 >ep09 Dec09 V/Iar10 99.3225 99.2750 99.0800 98.9550 6411 5407 3856 3449 EUROYEN TIBOR FUTURES un09 >ep09 Dec09 V/Iar10 Iun10 >ep10 3ec10 >/ar11 99.450 99.525 99.535 99.515 99.480 99.400 99.355 99.270 513 ***** 5235 2801 2410 800 281 252 412 EUROYEN LIBOR FUTURES
      287 words
    • 185 28 May 26 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) lun 09 167.5 lul 09 Aug 09 iep 09 166.2 Dct 09 \lov09 169.0 167.0 165.8 169.0 167.0 166.5 166.5 165.8 166.0 166.0 60 20 120 40 40 779
      185 words
    • 89 28 May 26 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low l-Month BQ*****W 27.08.09 -Year BY*****W 03.05.10 0.21 0.33 0.15 0.15 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0E 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year
      89 words
    • 123 28 As at 9am May 26 if foreign currency: Currencies Bid Offer lust dollar 1.1180 1.1520 :an dollar 1.2770 1.2920 :uro 2.0140 2.0360 IZ dollar 0.8890 0.9080 iterlini 2.2870 2.3130 IS dollar 1.4370 1.4530 .ocal dollars to 100 units tf foreign currency. Currencies Bid Offer :hi renminbi
      123 words
    • 162 28 May 26 Jvernight 1/16 I-month 7/16 '-months 9/16 J-months 11/16 Overnight mode: 0.10 JS$ Offer 1/37 3/11 5/11 7/11 Bi( I days month months 7 months r months months 2 months (Au 0.32 0.40 0.70 0.80 1.10 1.90 2.00 Offer 0.27 0.31 0.41 0.51 0.81 1.41 1.51 Bk
      162 words
    • 447 28 May 26 iuro ren fon •eso [am ■ouni iustralia 0.878 5.311 0.558 6.027 37.101 80.476 0.736 9.820 2.729 1.262 62.624 36.821 1.128 6.479 0.846 25.391 26.802 0.491 0.778 Canada 1.139 6.051 0.635 6.867 42.271 91.690 0.839 11.188 3.109 1.437 71.350 41.952 1.285 7.382 0.964 28.929 30.537 0.559
      447 words
    • 146 28 May 26 /oz) lay lay long Kong 946.50 949.70 GOLD BULLION COINS (SS) Sellini Bu' rini .ondon May 21 May 22 939.90 956.15 1 oz 1539.73 1391 UBS GOLD LUNAR KINEBAR (SS) Selling Buying Source: Thomson Reuters I May 26 Selling Buying 10gm SILVER Passboc $540.35 Selling 443
      146 words
    • 150 28 May 26 Zurrencies Bid Offer Bid Offei i$/US$ to one unit of foreign currency: Australian dollar 1.1274 1.1287 0.7773 0.777J "anadian dollar 1.2848 1.2857 0.8858 0.886I :uro 2.0219 2.0236 1.3940 1.394. IZ dollar 0.8936 0.8948 0.6161 0.6161 aterlini 2.2986 2.3002 1.5848 1.5851 IS dollar 1.4504 1.4512 i$/US$
      150 words
    • 64 28 May 22 h iiuiii, yy.i (USS/tonne) Close Previous :ash 1408.50 months 1442.00 1415.01 1450.01 Copper, Grade A (USS/tonne) months 4601.50 4610.00 4452.0I 4470.0I .ead (USS/tonne) .ash 1432.00 months 1439.00 1383.51 1391.01 lickel (USS/tonne) ]ash I months *****00 *****.01 *****.00 *****.01 'in (USS/tonne) iash months *****.00 *****.01 *****.00 *****.01
      64 words
    • 103 28 May 22 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1166.00 1175.00 1184.75 1164.00 Aug 09 1134.00 1136.50 1149.50 1132.00 Sep 09 1076.25 1071.00 1083.00 1072.00 Nov 09 1031.50 1023.50 1039.50 1021.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low lul 09 38.10 37.98 38.49 37.90
      103 words
    • 74 28 May 22 Close Prev Hii ih/Low lul 09 1611 1597 1618/1577 iep09 1613 1602 1618/1582 Dec 09 1612 1607 1617/1593 War 10 1613 1613 1620/1595 IOFFEE (USS/tonne) Close Pev High/Low Way 09 1489 1512 1499/1499 lul 09 1516 1539 1548/1512 iep09 1528 1548 1558/1526 SUGAR (US tonne) White Close
      74 words
    • 75 28 CRUDE OIL PRODUCTS May 22 origin) t/barrel Close Cham irent blend (1-Mth F) 59.87 0.69 VTI (Near Mth) 60.98 0.60 3ubai (1-Mth F) 59.33 1.20 "apis blend 62.55 1.60 i/linas 62.35 1.50 >RODUCT JSS/barrel (FOB S'pore) Close Change Naphtha let Kerosene 54.32 S5.55 0.50 0.05 JSS/barrel )pec Oil Basket Price
      75 words
    • 2584 28 BONDS, WARRANTS EXTENDED SETTLEMENT rel Zode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- ing fflths Left >am Asia-Pacific Strategic W*****6 >036 Advance SCT Ltd W*****9 )092 Asia Environment W*****4 1481 Asia Water Tech Ltd W*****0 S816 #Asiasons Capital Ltd WO***** $756 Asiatic Grp (H) Ltd
      2,584 words
  • Page 28 Advertisements
    • 185 28 Q2Q*****Q6Q*****_ n TD AI^C mDE/'TI V If a picture is worth a thousand words, what is a chart worth? -v\-f~\t-*tmmi UlllCVa I Ll Watch your trades unfold in front of your eyes. Drag and drop I^^U^^^^^^^^^^^^£fl pg^iijl TUE /*U A DTC your profit target, see your working orders and take
      185 words

  • Page 29 Advertisements
    • 3068 29 art The Business Times Shipping Times M mXWM KPfl 3_ jtBHH f WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M M-— W K%kM g^nirfWp'^TOfWm jiiiß %TxtZl\lAfAM UAI I llirr TEL *****588 (KLINES) FAX:*****163 |V A V SPTII IITT^I H|US SV*SfSißb \\^m\ I WAN HAI INt J FKL TEL: <03| *****888
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  • Page 30 Advertisements
    • 3167 30 7**VHEB99 EASTERN CAR LINER, LTD I[@ SJ&J r///« It——— SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE IQ^QMQS VOY I Romp(KT) I lillinq(KT) I MUA I SIN I PKL )K1 IBU I LCB ~l PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA POSITIVEPASSIOI?^^^^^ 3 100
      3,167 words

  • EXECUTIVE MONEY
    • 728 31  -  r MARK HULBERT -NYT Study says difference between Wall Street and independent stock research has largely disappeared By [NEW YORK] AFTER US federal and state investigations earlier in this decade into possible conflicts of interest among Wall Street analysts, the securities industry made important
      -NYT; NOEL ROSALES/STRAITS TIMES  -  728 words
    • 828 31  -  DAVID GERALD By OVER the past few months, I have met many investors who bought structured products linked to failed US investment bank Lehman Brothers and I often felt heavy-hearted after listening to their stories. Many retirees had sunk most, if not
      828 words
    • 1047 32 Evidence from the US and Singapore markets show that high-risk stocks tend to generate lower returns and vice versa, reports GENEVIEVE CUA FINANCIAL theory suggests that assets with higher risks should reward investors with higher returns. But that, sadly, is not the case in
      : DBS Asset Management, Bloomberg  -  1,047 words
    • 990 32  -  ERIC SANDLUND Investors should not shy away from investments and leave all their money in cash as the latter has lagged the returns offered by equities and bonds OVER the last 10 years, the world's capital markets have presented investors with opportunities as well
      990 words
  • Page 31 Advertisements
    • 305 31 I^^^^^ \^m\^m^m\^T* wm I r*-_™ —.:.'!"':l™.,." \J\\ „,I'l'.JiiJtr'iil 111 _r_ j«.--77 |l"| "hi U 'Il' I r-__rlr^Ss»l ..ill <~_ I a *i l-l-'-.-H.' r. li-.^tL-^l^-.^rH-ml-.-rl II A______________n_mi Our self-directed and intuitive multi-asset online trading platform is what every serious trader needs. With SaxoTrader, you'll be able to monitor your positions
      305 words

  • Page 32 Advertisements
    • 53 32 Jr^^P^^_m^ *^-Vfc_ Oft fm, \\\\\\^\l\\^il_^\*\\i\V-^F{-\l 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 International Enterprise Singapore. IG Markets does not operate a securities, futures
      53 words
  • Page 32 Miscellaneous