The Business Times, 20 July 2009

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Microfilm: NL30092
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIEMS Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGN N**********E MICA (P) 197/08/2008 Monday, July 20,2009
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  • Article
    Lock icon Quitting for 'personal reasons' under scrutiny
    855 1  -  LYNETTE KHOO Study asks if these reasons are really linked to personal circumstances of IDs By [SINGAPORE] Boilerplate disclosures on resigning directors are still prevalent, while early retirements by directors with very short tenures do warrant a closer look. These are some of the
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  • Article, Illustration
    Lock icon Firms may have to buy out minority investors
    789 1  -  JAMIE LEE Proposed rule would apply where minorities object to fundamental business change By sues that need to be addressed," Prof Mak told BT. "If a company is listed, there is generally a market price and minority shareholders can sell out so
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      49 1 Weekly Change 2,430.96 +122.98 >T Index 1 COMP 1,120.90 +53.14 IIKKEI225 9,395.32 +108.04 1ANG SENG 18,805.66+1,097.24 SET INDEX 596.11 +30.08 JAKARTA COMP 2,106.35 +43.26 1ANILA COMP 2,553.96 +66.74 ;eoulcomp 1,440.10 +11.48 iHENZHEN B 535.06 +22.29 IUMBAI IND 14,744.92+1,240.70 )OW 8,743.94 +597.42 IASDAQ 1,886.61 +130.58 ;&P 500 940.38 +61.25
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.921 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      41 1 IS$ (S$ per US$) 1.453 (US$/S$ per 1.629 2.368 EURO (US$,S$/E) 1.408 Foreign currency per US$ 2.047 'EN 93.70 64.50 3.577 2.461 IK$ 7.750 5.333 !AHT 34.08 23.45 lUPIAH 10,160 6,991 lENMINBI 6.833 4.702 INDIAN RUPEE 48.69 33.50 1.251 0.860
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      3 1 8 *****1 *****4
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      Lock icon Page 1 Advertisements Column 2
      127 1 If Vv'^//I Hf ■I m^^ rc(:er Ihis so much space jell so exclusive. Cortina Watch Espace Where time is luxury CORTINA WATCH ESPACE: SINGAPORE Millenia Walk Tel: 65-6339 1728 MALAYSIA Starhill Gallery Tel: 603-2142 1171 THAILAND Erawan Bangkok Tel: 66-2250 7999 CORTINA WATCH BOUTIQUES: SINGAPORE Paragon Tel: 65-6235 0084, Raffles
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      47 1 GOLDEN PARACHUTE fHK CENTRAL BizlT P>jfit JAKARTA Porsche boss to get BANK CHIEF SingTel upbeat Fears return 100-million-euro payoff Keeping a low profile about its satellite PMI after bomb PAGE 18 ventures BACKPAGE blasts PAGE 16 |L^ WALL STREET INSIGHT wKJt f look to more Q2 surprises
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  • TOP STORIES
    • Article
      Lock icon Upbeat investors look to more Q2 surprises
      991 2  -  ANDREW MARKS WALL STREET INSIGHT Some analysts see upside after 75% of S&P firms that reported beat expectations By in New York INVESTORS, backed by a wave of encouraging earnings reports and economic news, roared back into US stocks with a vengeance last
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    • Article, Illustration
      Lock icon S'pore base for Shinsei, Unit Trust of India JV
      554 2  -  SIOW LI SEN UTI International aims to capture Asia markets from here By [SINGAPORE] What's the connection between Japan's mid-sized Shinsei Bank and India's oldest mutual fund company Unit Trust of India? They have joined forces for a maiden international foray
      554 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Firms may have to buy out minority investors
        82 2 COMPANIES here may be required to buy out minority investors who disagree with a fundamental change to the business, Second Minister for Finance and Transport Lim Hwee Hua said on Saturday. A minority buy-out rights regime is being studied as part of
        82 words
      • Article
        Lock icon Quitting for 'personal reasons' under scrutiny
        53 2 BOILERPLATE disclosures on resigning directors are still prevalent, while early retirements by directors with very short tenures do warrant a closer look. These are some key issues raised in the latest study by the Corporate Governance Financial Reporting Centre at the National University of
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      • Article
        Lock icon Upbeat investors look to more Q2 surprises
        62 2 INVESTORS, backed by a wave of encouraging earnings reports and economic news, roared back into US stocks with a vengeance last week. But the almost double-digit gains have led Wall Street analysts to believe the stock market will need to see more of
        62 words
      • Article
        Lock icon 50-60 units sold at Volari, 120 at Waterfront Key
        68 2 PROPERTY sales over the past few days continued to post encouraging numbers. City Developments is understood to have sold between 50 and 60 units at its 85-unit Volari@Balmoral at Balmoral Road. Over at Bedok Reservoir, Far East Organization and Frasers Centrepoint
        68 words
      • Article
        Lock icon Work begins on Yanlord's 4b yuan development in Zhuhai
        55 2 YANLORD Land Group broke ground last Friday for its four billion yuan residential and commercial development in Zhuhai. Zhuhai Yanlord Marina Centre will have about 3.2 million sq ft gross floor area, comprising high-end apartments, a mall, offices and a five-star
        55 words
      • Article
        Lock icon No rush for govt securities through ATMs
        36 2 RETAIL investors are unlikely to rush to snap up Singapore Government Securities via ATMs, due to a lack of awareness, low yields and low publicity. SINGAPORE NEWS, PAGE 9
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      • Article
        Lock icon New HK central bank chief seen keeping low profile
        47 2 HONG KONG'S new central bank chief Norman Chan is a trusted insider who brings experience to the post, but he is likely to keep a much lower profile than his outspoken predecessor Joseph Yam. ECONOMY WATCH, PAGE 15
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      • Article
        Lock icon Rio exec may be charged in Beijing, says Aussie minister
        54 2 CHINA'S arrest of Rio Tinto Group's Stern Hu is related to a criminal probe into iron ore price talks, not espionage, and the case may result in a decision to charge the mining executive, Australia's Foreign Minister Stephen Smith said.
        54 words
      • Article
        Lock icon SingTel upbeat about its satellite ventures
        61 2 SINGAPORE Telecommunications' upcoming pair of co-owned satellites could spawn new market opportunities collectively worth more than US$4OO million, according to a company official. The two satellites the ST-2 and ABS-2, which are scheduled for launch in two years are expected to help bolster the
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    • Article
      Lock icon Should I stay or should I go?
      213 4 THIS must be the $64,000 question facing directors at various moments. But under what circumstances should independent directors (IDs) resign, and is there any risk of breaching their duties if they do so too readily? Addressing these issues isn't straightforward and the rule
      213 words
    • Article, Illustration
      Lock icon Director resignations: When personal is not really personal
      1200 4  -  MAK YUEN TEEN CYNTHIA HU By and THE announcement template for resignation of directors and key officers, introduced by the Singapore Exchange Ltd (SGX), became effective on Oct 1, 2007. On June 9, 2008, SGX changed the name of the template to
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  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      1387 2 A [SATS IBBIBw 00 BH I MANWAH MAN WAH HOLDINGS LIMITED (Incorporated in Bermuda on 4 November 2004) I (Company Registration No. *****) i NOTICE OF SPECIAL GENERAL MEETING _L NOTICE IS HEREBY GIVEN THAT a Special General Meeting of Man Wah Holdings Limited (the "Company") will be held at
      1,387 words
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  • COMPANY NEWS
    • Article
      Lock icon SGX retains monopoly for now
      1062 5  -  CHEW XIANG THE Singapore Exchange is probably one of the few monopolies listed on, well, the Singapore Exchange. (Another popularly regarded as one is Singapore Press Holdings, which owns this newspaper). If you want to list a company in Singapore, the only place is on
      1,062 words
    • Article
      Lock icon PRIME LENDING RATES
      383 5 Jul 17 BANKS ABN Amro Bank NV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank
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    • Article
      Lock icon COMPANY MEETINGS
      288 5 Valuetronics A M Hotel Spore Anson II Level 2 31 Anson Rd Singapore *****8 20-Jul 10.00am New Lakeside E River View Hotel Orchid Room, Level 2 382 Havelock Rd Singapore *****9 20-Jul 3.00pm Sino Techfibre S M Hotel Spore Anson IV, Level 2 81 Anson Rd Singapore *****8
      288 words
    • Article, Illustration
      Lock icon 50-60 units sold at Volari, 120 at Waterfront Key
      512 5  -  KALPANA RASHIWALA By PROPERTY sales over the past few days continued to post encouraging numbers. City Developments is understood to have sold between 50 and 60 units of its 85-unit Volari@Balmoral condo at Balmoral Road. The 12-storey freehold project, priced at
      512 words
  • Page 5 Advertisements
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      255 5 *W^ JACKPOT k $1,500,000~ TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo SINGAPORE IPLAYrfJ Always ploy with care. Towards Community W •"J l_________l D° ™t bet illegally. Purpose and Benefit •«—J BCB Reg No. *****0202S I POOLS Call 6-222 6868 to find out more ACCOUfltServe about the AccountServe
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Uncertain week ahead despite recent cheer
      497 6  -  CONRAD TAN STOCKS STOCKS here face an uncertain start to the week ahead, as the second quarter earnings season here and elsewhere gets underway. Investors looking to the US for direction may find some reason for cheer, despite the rather confusing end to last
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    • Article
      Lock icon Asian units higher against the greenback
      652 6 ■AFP CURRENCIES [HONG KONG] Asian currencies ended the week mostly higher against the US dollar amid mixed signals for investors looking for signs that global economic performance was improving. Growing risk appetite hit safe-ha-ven demand for currencies such as the yen and the US
      ■AFP  -  652 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      455 6 'aymenl (cts) Ex Books date close Pay date lUstraland Prop A M. 3.000 26-Jun 30-Jun 04-Aug waj an 0.200 11-Aut 13-Aui 28-Am tzeus S; bo 0.050 04-Aui 06-Aut 21-Aui Sembawani ak 2.000 24-Jul 28-Jul 07-Aut tan Leoni Tech ak 0.300 30 Jul 03-Am 21-Aui toustead S )ore ak
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    • Article
      Lock icon Raw material prices recover on economy hopes
      412 6 AFP COMMODITIES [LONDON] Prices of raw materials, including oil and gold, rebounded this week on growing signs of economic recovery in the United States and China, traders said. Positive US bank earnings and strong growth data from China led investors to believe that
      AFP  -  412 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1483 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name Mlgreen Prop Ltd 2.64 3.08 11 5.56 17.18 0.93 1.04 ,RA Asset Mi jt Ltd 2.00 2.00 2 6.25 9.28 0.64 0.56 .rmstroni nd
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 6 Jul 17 VALUE CLOSE IT OB/OS 246.00 +263. C IT CADI -*****.00 +187. IT 10-day MA -*****.00 +24.0I TSE ST Mid Cap 533.90 +7.8' TSE ST Small Cap 440.26+10.91 TSE ST All Share 590.10 +7.8 TSE ST China Top 245.24 +3.5 TSE ST China 239.41 +3.9 TSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Golden Agri 705,824,000 Midas 229,700,000 Gentinq SP 188,959,000 UniFiber 185,481,000 Capita Land 146,255,000 China Honqxinq 139,905,000 NOL 139,884,000 Cosco Corp 139,752,000 AusGroup 126,367,000 Ezion 116,626,000 VALUE(S) Capita Land 516,288,548 DBS Grp 405,323,058 Sing Tel 355,302,599 UOB 332,275,162 OCBC Bk 272,846,860 Golden Agri 223,721,290 NOL 217,597,200 CityDev
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    • Article
      Lock icon RISES
      105 6 CLOSE UP 9100 787.3 6.3 iBXT Ni 10US$ LD 10US$ 9206 331.2 2.5 iBXT FTChina25 10US$ 2777 232.4 6.1 ICBC Bk4.5%NCPS 100 9040 150.0 1.7 MS India 10US! 1204 122.0 7.5 China H 10US$ 1452 120.6 6.1 ICBCCai :.93%Pref10 8000 120.0 1.5 :\t 938 118.0 14.4 :iTYDEV.ES.O9O7 939 107.0
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    • Article
      Lock icon FALLS
      124 6 CLOSE DOWN 6640-668.2 -6.5 DBXT S&P Short 10US! DBXT FTVietnam 10US$ 4315-312.3 -4.7 >r LatinAmerica 1 574 -81.4 -8.9 >r EasternEuro 383 -39.2 -6.6 STI 2800SGAePW*****9 61.5 -17.0 -21.7 STI 2300BNPePW*****8 27 -12.0 -30.8 STI 2250 DBePW*****1 25 -11.5 -31.5 STI 2200BNPePW*****8 12 -10.5 -46.7 STI 2350SGAePW*****9 41.5 -10.5
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    • Article
      Lock icon CURRENCIES
      86 6 Where S! stands Jul 17 %CHNG CLOSE FR Jul 16 YR2009 S$ LOW S$ HIGH uss 1.4517 0.14 1.5579 1.4308 Euro 2.0466 0.05 2.0732 1.9150 Pounds 2.3671 0.64 2.4051 2.0356 1.1632 -0.19 1.1816 0.9453 'en* 1.5488 0.21 1.7278 1.4831 Rupiah* 0.***** 0.73 0.***** 0.***** Baht* 4.2609 0.14 4.3390 4.1040
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Work begins on Yanlord's 4b yuan development in Zhuhai
      395 7 The residential, commercial project will have gross floor area of 3.2m sq ft YANLORD Land Group broke ground last Friday for its four billion yuan (*****.7 million) residential and commercial development in Zhuhai. Zhuhai Yanlord Marina Centre will have about 3.2
      395 words
    • Article
      Lock icon Keppel finishing Bumi Armada ship's conversion
      338 7 KEPPEL Corp said over the weekend that its subsidiary Keppel Shipyard is close to completing the conversion of the floating, production, storage and offloading (FPSO) vessel Armada Perdana for a repeat customer, Malaysia-based Bumi Armada Berhad. A ceremony for the naming of the vessel
      338 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      535 7 A LUX-DEVELOPMENT National Institute of Hygiene and Epidemiology Project VIE/025 Strengthening the Cold Chain in the Framework of EPI CALL FOR EXPRESSIONS OF INTEREST VIE/025«09 085 Title: Acquisition of services "Nationwide EPI Cold Chain Equipment Maintenance Serviceu Maximum budget: 650'Q00 EUR Performance period: from 30 to 36 months depending on
      535 words
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      Lock icon Page 7 Advertisements Column 2
      29 7 I H£ii|jyMJM|UjMiMiij3ijiiiitJHaMHUß^ I HII m jii miiM| L I Hf fl^H Alf JAP W 1 CA T5 Recruit The first door to your world of opportunities RECRUIT t < o
      29 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon All portfolios see gains
      1505 8  -  TEH HOOI LING FEW, it seems, have any inkling what the market will do from one week to another. Last week was expected to be a lacklustre one, with stock prices not seen to go anywhere. But the market turned out surprisingly strong. The Straits Times
      1,505 words
    • Article
      Lock icon Director, institutional shareholder activity flat
      1380 8  -  ROBERT HALILI INSIDE MARKETS By INSIDER activity was flat with 12 companies that recorded 25 purchases versus two firms with three disposals based on filings on the exchange from July 13 to 17. The figures were consistent with the previous week's 10 companies and 24
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon No rush for govt securities through ATMs
      534 9  -  RACHEL SIM Lack of awareness, low yields and low publicity possible contributing factors By RETAIL investors are unlikely to rush to snap up Singapore Government Securities (SGS) via ATMs due to a lack of awareness, low yields and low publicity. "It may take
      534 words
    • Article, Illustration
      Lock icon Nestle expects out-of-home unit to grow this year
      376 9  -  > JAMIE LEE By NESTLE'S out-of-home division is expected to grow this year despite the economic slowdown, says a senior executive. But to expect the same 11 per cent growth registered in 2008 would be "very optimistic", says Marc Caira, chief executive
      FILE PHOTO  -  376 words
    • Article, Illustration
      Lock icon More unionised firms to re-hire older workers
      567 9  -  LEE U-WEN 750 of these signal commitment up by 100 since last Oct By I PHARMACY technician Anthony Joseph may be 70 this year, but his employer the National University Hospital (NUH) wants to hold on to him as long as possible. Having
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon A sleeping giant
      3909 10 THIS WEEK'S TOPIC How do you rate the prospects for Indonesia, both politically and economically, following President Susilo Bambang Yudhoyono's re-election? What opportunities and challenges does it present for Singapore companies? Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd A POLITICALLY stable and economically successful Indonesia
      REUTERS; AP  -  3,909 words
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  • Page 11 Advertisements
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      189 11 p w^^^^ p| MMM PIMP W§ r^ 31 (9 Ej ____#4 __n El V^ rjWl^ r&*\ HUMAN CAPITAL f A f CJf W I&J*< SUMMIT cSP I m£>' ___k _*#i _L _B\. _fl _L v M M __L -^^___H __L _t _-_L /__l ____K_____ ___L_^___^ i^^h_^2 iii-L___________i s^^^ x^tlted f^s^
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  • BT-CITIBANK YOUNG INTESTORS' FORUM
    • Article, Illustration
      Lock icon Gain better protection over assets
      1083 13 One principle that stands is the need for quality diversifying of financial investments, say FRANCIS KOH and KLAUS SPREMANN THE current financial crisis has diminished the assets of many investors, banks and industrial firms around the world. The assets of typical investment funds would have
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    • Article, Illustration
      Lock icon NUS foursome shines at Peak Time
      960 13  -  CHEN PENGFEI, CHAN HIANYI, CRISPINA TAY and TAN CHOON HAN CAMPUS LIFE The budding entrepreneurs clinch second place at Europe's largest global student contest held in Latvia Bv HAVING heard so much from our seniors at the National University of Singapore Overseas Colleges (NOC)
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    • Article
      Lock icon Be smart with your finances
      204 13 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
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  • Page 13 Advertisements
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      46 13 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • DINING OUT
    • Article, Illustration
      Lock icon French flair without the formalities
      755 14  -  Audrey Phoon NEW RESTAURANT Bistro Du Vin 1 Scotts Road #02-12 Shaw Centre Tel 6733-7763 THE Les Amis name has always been tagged to the concept of fine dining, but with the opening of its new French bistro outlet earlier this month, the group may
      755 words
  • Page 14 Advertisements
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      174 14 *^>% ii^ 7 I H IE J^r :^Bifl^k f■'■* "f^* PR9M VWP HW HPSPPi WnV9!*l W llfiwl Restaurant Level j\\ JLuNCH AFFAIR A L1 sumptuous respite from work *w ,^i Executive Set Lunch I m^ s From $42.00 per person 1 f^.# Vkv JL^INNER REVELRY x^ JtEtt lP^ Mouthwatering highlights
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  • ECONOMY WATCH
    • Article
      Lock icon Poor use of IT hits Japan's growth: report
      711 15  -  ANTHONY ROWLEY Tokyo must raise investment copy strategies in developed world and some Asian nations, it urges By in Tokyo JAPAN is falling well behind other advanced economies in the use of information and communications technology (ICT) and is also lagging other
      711 words
    • Article, Illustration
      Lock icon New Hong Kong central bank chief seen keeping low profile
      668 15 Reuters But his close ties with Mr Tsang may draw criticism [HONG KONG] Hong Kong's new central bank chief Norman Chan is a trusted insider who brings experience to the post, but he is likely to keep a much lower
      – Reuters; REUTERS  -  668 words
    • Article
      Lock icon China to challenge EU anti-dumping duty on bolts
      406 15 ■Reuters [BRUSSELS] China wiU challenge European anti-dump-ing duties on Chinese-made screws and bolts imposed at the World Trade Organization in January, sources said on Friday. "Mofcom (China's commerce ministry) is going to seek WTO dispute settlement consultations in the EU (European Union)
      ■Reuters  -  406 words
    • Article
      Lock icon Doha trade negotiators wait for US move
      435 15 Reuters American position key to reaching a deal, say diplomats [GENEVA] Leaders of the major economies have called for a new global trade pact next year, but in Geneva negotiators say there is little prospect of a Doha deal until the United States
      Reuters  -  435 words
    • Article
      Lock icon Emerging market bond index stages big rally
      176 15 Bloomberg [LONDON] Emerging market bond investors recovered their losses from the worst financial crisis since the Great Depression as a rally in debt from Argentina to Ukraine pushed JPMorgan Chase Co's benchmark index to a record. The EMBI+ Index, which tracks total returns
      Bloomberg  -  176 words
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      39 15 Branchen Stars RIC-A 13/07/09 98,85 EUR FX Select Guaranteed Fund RID 13/07/09 99,46 USD Balanced Currency Harvest Euro 11C 06/08/08 110,99 EUR I I Double Joy Captel Guaranteed Fund RID 09/07/09 9 74 USD f^PORE _iS_>^AWARDS N.~ Age W«rl,V»»"»
      39 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Tragedy to spark more politicking
      678 16  -  PAULINE NG MALAYSIA INSIGHT MACC targeted over political aide's death IF politicking has been a mainstay of the national scene over the past 16 months since last general election, the death of a political aide under mysterious circumstances on Thursday is likely to exacerbate matters.
      678 words
    • Article, Illustration
      Lock icon Fears return after Jakarta blasts
      757 16 -AFP But battle-hardened foreign businesses, investors to stay on [JAKARTA] Scenes of blood-smeared businessmen being stretchered out of luxury Jakarta hotels have had a chilling effect on expatriates and investors lulled by years of relative peace in Indonesia. The bombs that tore through the JW
      -AFP; AFP  -  757 words
    • Article
      Lock icon BURSA MALAYSIA
      2103 16 Jul 17 RM Cooo) &M Realty \bricBhd \dvance Synergy \dventa Bhd \eMultl Hldgs \ffin Holdings \hmad Zaki Resou \ic Corp \irasia Bhd \kn Technology \lliance Financi \luminium Co \malgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare \pm Automotive
      2,103 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China firm sues US retailers over patent violation
      567 17 Bloomberg More such cases likely as companies invest to build up patent portfolios [WASHINGTON] Best Buy Co and Wal-Mart Stores are among a dozen companies sued over dashboard mounts for navigation devices in a rare case of a Chinese company seeking to
      Bloomberg  -  567 words
    • Article
      Lock icon Sinopec, CNOOC to buy 20% of Marathon's Angola block
      424 17 Bloomberg [NEW YORK] China Petroleum Chemical Corp (Sinopec), the country's largest refiner, and CNOOC Ltd agreed to buy a 20 per cent stake in Angola's offshore deepwater Block 32 for US$l.3 billion from Marathon Oil Corp. Marathon, the fourth largest US
      Bloomberg  -  424 words
    • Article
      Lock icon MTN seeks US$3.5b loan for Bharti merger
      515 17 Reuters Shareholder vote may be biggest hurdle for deal [LONDON] South Africa's MTN is in talks with a group of lenders to secure a US$3.5 billion syndicated loan to back its proposed merger with India's Bharti Airtel, banking sources close to the deal
      Reuters  -  515 words
    • Article, Illustration
      Lock icon US seeks business allies in India
      779 17 ■NYT Clinton kicks off trip by meeting with bankers, billionaires [MUMBAI] India's booming economy has turned some of its business executives into rock stars. So it was perhaps not surprising that Secretary of State Hillary Clinton a celebrity in her own right would stop
      ■NYT; BLOOMBERG  -  779 words
    • Article
      Lock icon Rio exec may be charged in Beijing, says Aussie minister
      433 17 Bloomberg [SYDNEY] China's arrest of Rio Tinto Group's Stern Hu is related to a criminal probe into iron ore price talks, not espionage, and the case may result in a decision to charge the mining executive, Australia's Foreign Minister Stephen
      Bloomberg  -  433 words
    • Article
      Lock icon Indian govt steps into Reliance gas pact dispute
      326 17 Reuters [MUMBAI] The Indian government has stepped into the simmering legal dispute between the billionaire Ambani brothers, seeking to challenge the validity of a gas supply agreement they are arguing over in court, newspapers reported yesterday. The latest tussle between the feuding
      Reuters  -  326 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Porsche boss to get 100m euro payoff: reports
      709 18 Struggle over control of Porsche appears to be coming to an end [BERLIN] German sports car maker Porsche's embattled chief executive, Wendelin Wiedeking, stands to get a 100 million euro (Ss2o4 million) "golden parachute" following a takeover by Volkswagen (VW), press reports
      AFP FILE PHOTO  -  709 words
    • Article
      Lock icon TSE moves to counter alternative trading systems
      573 18 Reuters PTS's share of trading is not big but it's rising fast [TOKYO] The Tokyo Stock Exchange (TSE) is facing a big challenge to its iron-grip hold on cash equities trading in Japan as alternative trading systems gain traction with faster trades at
      Reuters  -  573 words
    • Article
      Lock icon S Korea on path for US$40b foreign plant orders
      234 18 Reuters, Bloomberg [SEOUL] South Korea is on track to achieve its target of winning US$4O billion of overseas construction orders this year, the Ministry of Land, Transport and Maritime Affairs said yesterday. The ministry said an expected rebound in commodity and
      ■ Reuters, Bloomberg  -  234 words
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      44 18 --^^Snfl.omy.sg now! text-to-speech feature %-f-@^#® quiz game %%SB learn a phrase a day useful links to learning Chinese Jf ffl^S V W V learn from Chinese songs ifcS# i "i^^^J Bloggers sharing li£#s V P CLing Chinese Language i-n-g J§ v P V" d
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  • WORLD
    • Article, Illustration
      Lock icon Obama's support waning, even among partymen
      466 19 -AP [NEW YORK] Could it be that US President Barack Obama's Midas touch is starting to fade a bit, even among members of his own party? Conservative House Democrats are baulking at the cost and direction of Mr Obama's top priority, an overhaul of
      -AP; AP  -  466 words
    • Article
      Lock icon UK opens 'beauty parade' for bank stake sale help
      291 19 Reuters [LONDON] Britain has asked investment banks to submit proposals to assist the government with the sale of its stakes in Royal Bank of Scotland (RBS) and Lloyds Banking Group. UK Financial Investments (UKFI), the body managing Britain's holdings in banks,
      Reuters  -  291 words
    • Article
      Lock icon US banks say they use TARP funds for loans
      543 19 AP Treasury urged to require recipients to submit reports on their use of govt aid [WASHINGTON] The internal watchdog overseeing the US government's financial bailout is pressing Treasury to seek more information from banks that receive taxpayer assistance, brandishing his own
      AP  -  543 words
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  • MOON SHOT AND AFTER
    • Article, Illustration
      Lock icon Mixed feelings on Apollo's 40th
      972 20 -LATWP The US plans for more space exploration that includes a return to the moon by 2020, but many hurdles and detractors remain [WASHINGTON] For fans of space exploration, the 40th anniversary of Apollo ll's mission to the moon is a celebration mingled with melancholy.
      -LATWP; AFP  -  972 words
    • Article
      Lock icon A reunion of reunions
      668 20 AP 12 Apollo astronauts presented with Spirit of Flight award for courage and dedication [DAYTON, Ohio] It was a reunion of reunions. Twelve Apollo astronauts reminisced, traded stories and poked fun at each other last Friday night as the 40th anniversary of the first moon landing
      AP  -  668 words
    • Article
      Lock icon Rocketing past Nasa
      816 20  -  PIERS BIZONY AP COMMENTARY By ON Oct 4, 2004, a group of revolutionaries in the Mojave Desert sent a little dartshaped rocket called SpaceShipOne beyond the Earth's atmosphere. Burt Rutan, the ship's designer, had got tired of waiting for Nasa to change to become more nimble and
      AP  -  816 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Global effort needed to cut plane emissions
      829 21  -  VEN SREENIVASAN COMMENTARY Unilateral action by countries invites challenges and retaliation THE subject of emission controls and climate change once again emerged as a headline issue at the recent G-8 summit. Though there were no final agreements and the whole issue was fudged
      829 words
    • Article, Illustration
      Lock icon IMO agrees to CO2-cutting proposals
      546 21 Reuters But green groups say measures do not meet their demands [LONDON] The United Nations (UN) shipping agency on Friday agreed to voluntary proposals aimed at cutting carbon emissions, delegates said. But environmental groups said it fell short of what was needed. Shipping and aviation
      Reuters  -  546 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2740 21 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al India (AC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl R.,» les Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,740 words
    • Article
      Lock icon EU pilot body slams inaction on flight hours
      458 21 AP [BRUSSELS] A European pilots association criticised the EU last Friday, saying that the bloc is endangering air safety by failing to act on the recommendations of experts who say that cuts in flying hours are needed to curb pilot fatigue. The
      AP  -  458 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Java Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.49 0.26 1.18 0.54 1.28 0.64
        107 words
      • Article
        Lock icon KLSE
        37 21 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.95 8.65 8.55 3.18 2.75 0.02 0.10 -0.01 0.05 unch 0.02 0.01 0.01 unch 103 883 1908 125 4 18 1082
        37 words
      • Article
        Lock icon BANGKOK
        12 21 '00 ■recious Ship Jegional Cont 15.70 9.70 0.40 0.15 2445 318
        12 words
      • Article
        Lock icon HONGKONG
        11 21 '000 Doil lingamas Cont 34.40 ...1.08 11.40 1330 0.02 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        22 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop unch unch unch unch unch unch unch unch 0 0 0 0
        22 words
      • Article
        Lock icon TAIPEI
        21 21 Evergreen Marine ...18.75 :irststeamship 47.50 Alan Hai Lines 15.30 fang Ming Marine...12.50 0.55 0.50 unch 0.05 10 3 3 9
        21 words
      • Article
        Lock icon TOKYO
        41 21 '000 (awasaki Hyy Ind ..227.00 (awasaki Kisen 360.00 Mitsubishi Hvy 359.00 litsui Eng&Sbldg...215.00 litsui Osk Lines 589.00 Nippon Express 390.00 Nippon Yusen 399.00 iource: Thomson Reuters -2.00 ***** unch 6501 3.00 ***** 1.00 3717 4.00 ***** 3.00 2212 unch 6772
        41 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      287 21 CRYPTIC CROSSWORD ACROSS I Magazine is up-to-date says 9 Scold a German crashing in mm mm mm bbJ bh| H^^^hß^^ motorbike race (9) I I I 10 Pawnbroker having soiled ar- 9 liO j tide taken away (5) II Popular song the man broad- I l__l I I 12 At
      287 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8904 22 Week ended: Jul 17 Hi* »-wks Tel Low Code Com| Sale ('000) Hii Low Bu; fer Seller C'vr P/E $mil )an] 9 3 3148 STelecom 8.5 2.5 5834 A-Soni( 24 12 5000 ABR Hld'is 13 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 68
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    • Article
      Lock icon SGX CATALIST
      1753 23 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 19 5 1181 s AAGrp »6.5 12 8538 t APStrateg.c 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus »6.5 8.5 3518 s Afor... 12.5 2 1524 t Alantac 16 3.5 7814 t
      1,753 words
    • Article
      Lock icon SGX ETF
      451 23 52-Wk Tel h Low Code Last Sale Vol C000) Week ill Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap Smil Hii Comi Hii 110 100 6389 ABF SG Bond ETF 877 427 CIMBAsean40 1OOUS$ 246 149 DBS STI ETF 100 3600 3534 DBXT DJE5O 1OUS$
      451 words
    • Article
      Lock icon CLOB INTERNATIONAL
      245 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
      245 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 23 i Land 3.730 +0.110 iMall 1.490 -0.010 :it' 9.380 +0.400 ■omfortDelGro 1.390 +0.010 ■osco Cor| 1.180 +0.020 iBS Gr| 12.400 +0.180 :SN 3.920 +0.020 ientin; SP 0.735 +0.010 iolden At iri 0.350 +0.020 KLand 3.620 -0.030 JMH 26.600 +0.340 JSH 15.060 +0.020 Jardine CSC 20.300 ;l
      107 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 23 Up Down Unch Up Down Unch Up Down Unch lulti Ind 14 3 1 0 0 0 14 3 1 lanufacturini 134 40 50 18 143 48 68 Commerce 55 16 60 14 24 r/O ms 30 32 10 :inance 29 29 instruction 20 23 'ro| 43
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      107 23 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 79,112 79,112 248,359 248,359 lanufacturing 1,400,711 142,575 1,543,286 936,651 5,356 942,007 Commerce 516,767 48,267 565,034 426,674 23,212 449,886 ]t/Stor/Comms 765,456 4,275 769,731 1,139,374 769 1,140,143 :inance 161,950 161,953 1,232,002 1,232,002 Construction 398,917 56,237 455,154 81,301 864 82,165 'ro| 704,565
      107 words
    • Article
      Lock icon STOCKS ASIA
      2719 23 ASIA For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific !ank Of E Asia Jeida Jade Bird Jeijing Airport Jeijing Ent Jeijing N
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      26 22 Le maitre de I'horlogerie depuis 1875 B""^^| R\''-^SS^^j^H ROYAL OAK OFFSHORE "~W, For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com .^^R §\m 1 i w^^ Mmk 4
      26 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 17 World Index Preliminan 708.1 0.1 4.5 -0.2 7.2 0.0 6.! EAFE Preliminai 672.6 0.7 3.6 0.2 7.7 0.4 7.1 Euro[ Preliminan 934.1 0.6
      367 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 24 As at 9am Jul 17 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1550 1.1900 an dollar 1.2900 1.3060 Euro 2.0390 2.0630 NZ dollar 0.9310 0.9520 terlinc nd_ 2.3660 2.3930 US dollar 1.4430 1.4600 Local dollars to 100 units of foreign
      129 words
    • Article
      Lock icon INTERBANK RATES
      173 24 Jul 17 Otter Overnight 0.12 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 US$ Offer 0.08 3/16 5/16 9/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.35 0.40 0.55 0.65 1.00 1.60 1.70 Offer 0.25 0.30 0.35 0.45
      173 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 24 Jul 17 en JL 2396 2418 2418 IMSCI Jul 289.4 293.8 293.8 aiwan Jul 246.9 250.4 248.6 Source: MF Global (S) Pte. Ltd
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 24 Jul 17 Bid Offer -month 1.4527 1.4541 !-months 1.4527 1.4542 i-months 1.4527 1.4542 >-months 1.4528 1.4543 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      60 24 Jul 17 lelivery flonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low \ugO9 2077 2133 2133 2073 495 4135 iep 09 1995 2131 2131 1995 1925 ***** 3d 09 2035 2123 2123 2028 7437 ***** tovO9 2032 2126 2126 2032 2579 8235 Total o/p:
      60 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      289 24 Jul 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep09 Dec09 Mar10 Jun10 99.4600 99.2300 98.9850 98.6500 8864 5223 3009 3030 EUROYEN TIBOR FUTURES Sep09 Dec09 Mar10 Jun10 99.510 99.510 Sep10 DedO Mar11 Jun11 99.510 99.495 99.530 99.545 99.525 99.470 99.425 99.340 99.280 108 ***** 3512
      289 words
    • Article
      Lock icon SICOM FUTURES
      191 24 Jul 17 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) Oil lots) <\ug09 175.9 >ep 09 3ct09 176.0 Mov09 176.0 Dec 09 176.0 Ian 10 172.0 172.5 172.5 172.5 175.9 175.9 176.0 176.0 176.0 177.0 40 40 80 80 8 516
      191 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      87 24 Jul 17 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's h Low 3-Month BQ*****S 15.10.09 1-Year BY*****W 03.05.10 0.23 0.35 0.18 0.18 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W
      87 words
    • Article
      Lock icon CHICAGO BOT
      104 24 Jul 17\ SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 09 1009.50 976.00 1011.00 977.25 Sep 09 948.50 916.00 951.25 916.25 Nov 09 923.50 890.00 926.75 889.25 Jan 10 931.25 898.00 933.00 897.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 09 34.82 33.80 34.82
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 24 CRUDE OIL PRODUCTS Jul 16 origin) t/barrel Close Cham irent blend (1-Mth F) 63.20 0.7I VTI (Near Mth) 62.08 0.2I Jubai (1 -Mth F) 62.58 0.4. "apis blend 67.55 0.7I i/linas 64.00 0.7I >RODUCT JSS/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 58.77 69.24 0.41 2.21 USS/barrel )pec Oil Basket
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 24 Jul 17 AS_ CS_ Rmb Euro HKS Ind Rs Rui; Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.895 5.464 0.568 6.197 38.935 81.244 0.749 10.080 2.860 1.241 65.571 38.391 1.162 6.497 0.862 26.347 27.256 0.491 0.800 Canada 1.118 6.106
      466 words
    • Article
      Lock icon SIBOR
      67 24 Jul 17 mth 0.***** 0.***** mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths mths 2 mths 0.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.*****
      67 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Jul 17 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1612 1.1631 0.7994 0.7999 Canadian dollar 1.2978 1.2996 0.8934 0.8938 Euro 2.0456 2.0477 1.4082 1.4083 NZ dollar 0.9359 0.9375 0.6443 0.6448 Sterlinc nd_ 2.3666 2.3691 1.6292 1.6294
      157 words
    • Article
      Lock icon PRECIOUS METALS
      138 24 Jul 77 GOLD (USS/oz) Jul 17 Jul 17 Hong Kong London 935.00 935.00 936.00 936.00 Jul IS Jul 17 936.10 937.70 936.90 938.50 Source: Thomson Reuters CAST BAR (SS) Jul 17 Buying Sellini Kilobar "46,910.94" ***** PAMP GOLD BARS (SS) Sellinq Buying Igm 5gm lOgm 20gm 50gm lOOgm
      138 words
    • Article
      Lock icon LONDON METALS
      64 24 Jul 17\ minimum, 99.7 jrity (USS/tonne) Co Close Previous :ash 1681.25 months 1708.00 1667.25 1695.00 Copper, Grade A (USS/tonne) months 5312.50 5310.00 5270.5I 5260.0I .ead (USS/tonne) :ash 1648.25 months 1670.00 1598.01 1620.01 lickel (USS/tonne) ]ash I months *****.00 *****.01 *****.00 *****.01 'in (USS/tonne) )ash *****.00 *****.01 months *****.00
      64 words
    • Article
      Lock icon LIFFE
      71 24 Jul 17 (£/tonne) Close Prev Hii ih/Low ,epO9 1773 1707 1773/1729 )ecO9 1782 1712 1783/1737 i/lar 10 1783 1716 1784/1745 i/lay 10 1778 1765/1743 lOFFEE (US$/tonne) Close Pev High/Low lul 09 1438 1401 1442/1442 iepO9 1456 1413 1458/1414 Mov09 1476 1435 1478/1438 SUGAR (US tonne) White Close Prev High/Low
      71 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2366 24 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 -0.5 1737 1 15 9 4.86 58 >036 Advance SCT Ltd W*****9 0.5 halt 1 87 1491 11.00 13 Allgreen Prop.ES.0907 98 AscendasReit.ES. 0907 167
      2,366 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      2825 25 m The Business Times Shipping Times _T#^P iL'hTll'lillnilSwf SEG M-_jG ft I WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M _^r^^ 1 .<r^^_H lII^J^I^-. BjBIWIjjBBBBjIPWIjPBJ |U|Bnn||BtSiSln3npiSSlii&il \\^^tt I WAN HAI INEj PKL TEL: {03| *****888 FAX: {03| *****288 PEN lEL: {04) *****00 FAX: {04)*****99 |^^^^^^^^^^^^^H^^^^^^^^^^^^^^H UUfi||XU||iM H^SjH|l^S|jßy&|MSjjß|SUlBi| \I- 11-^l _---lla># JOH
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3283 26 r^VHQIBEII^SSIHI IP F EASTERN CAR LINER, LTD If® ITBTFT^ I \Jf ™L—l specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I I BT T"7WTTTY'nT3_^_^M _^M 1 1 1 1 1 1 1 r^^^^^^TTSfHLSEßvtJlE^^r^^^^^^ ISJID^RAL VOY _RaalKH_ tlllinq<KT> Pjjl_ _KUC KK _JM_ <l! i:i uxmm tmUIHERS I)
      3,283 words
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  • BizIT
    • Article
      Lock icon DVR Wars: Episode III – Revenge of the Toons
      1200 27  - DVR Wars: Episode III Revenge of the Toons CARLOS FERNANDES <you say> 30 years after Sony won its first fight against content owners for its VCR technology, Cablevision wins a similar battle against the Cartoon Network for its Net-based recording service. Will the war ever stop? By vision's RS-DVR illegal.
      1,200 words
    • Article
      Lock icon Yahoo board member Icahn wants Microsoft deal
      310 27 Reuters [SAN FRANCISCO] Activist investor Carl Icahn spoke out in favour of a search deal between Yahoo Inc and Microsoft Corp, as talks between the two companies appeared to regain momentum. Mr Icahn declined to comment on the state of any negotiations between
      ■ Reuters  -  310 words
    • Article, Illustration
      Lock icon Samsung makes strong notebook comeback
      628 27  -  WINSTON CHAI Its Ist product barrage consists of 3 premium, mid-range models costing from $799 to $2,099 By HAVING gained top billing on Singapore's handset and television sales charts, Samsung Electronics hopes its renewed assault on the local notebook market will produce an equally big
      628 words
    • <what's up>
      • Article, Illustration
        Lock icon New regional head at EDS
        64 27 EDS, the IT services unit of Hewlett-Packard, has promoted Neil Emerson (above) to be its new vice-president for Asia. In his new role as regional head, the Singapore-based executive will oversee EDS' businesses such as infrastructure services, business process outsourcing and applications management. He will
        64 words
      • Article
        Lock icon Citrix stages inaugural iForum in S'pore
        89 27 APPLICATION delivery specialist Citrix Systems will be holding its iForum conference in Singapore for the first time on July 28. To be held at the Suntec City Convention Centre, the event will delve into the latest developments in virtualisation, networking and application delivery technologies.
        89 words
      • Article
        Lock icon Fujitsu joins hands with salesforce.com
        69 27 FUJITSU has allied with Web-based business software specialist Salesforce.com to jointly ride the cloud computing wave in Singapore. Under the tie-up, Fujitsu will now provide integration and application development services for Salesforce's Force, com platform. In addition, the Japanese IT services giant will also provide
        69 words
      • Article
        Lock icon Atlas eyes growth with office move
        52 27  -  WINSTON CHAI PREMIUM audio-visual (AV) equipment reseller Atlas Sound Vision has relocated its corporate headquarters from Millennia Walk to 10 Winstedt Road. The firm said the move will accommodate its business growth as the new premise now offers 6,000 square feet of office space.
        52 words
    • Article, Illustration
      Lock icon SingTel upbeat about its satellite ventures
      648 28 Upcoming ST-2 and ABS-2 also expected to bolster SingTel's other business offerings, reports ONG BOON KIAT SINGAPORE Telecommunications' (SingTel) upcoming pair of co-owned satellites could spawn new market opportunities collectively worth more than US$4OO million, according to a senior official of the company. The
      648 words
    • <what's new>
      • Article
        Lock icon New StarHub service for foreign workers
        96 28 STARHUB is hoping to give foreign workers a taste of home via their cellphone screens. The operator has introduced four new vernacular mobile television channels CTI TV, MNC The Indonesia Channel, Vannathirai Channel and Zee TV. They will offer programming over the cellular airwaves
        96 words
      • Article
        Lock icon M2B gets a whiff of Hollywood gossip
        65 28 HOMEGROWN Internet TV player M2B World has inked a deal with FCCE Asia-Pacific to bring its Hollywood entertainment news content to the region. FCCE's shows such as Film Stars, Hollywood Buzz and Kids Flix will now be available on M2B's Internet television platforms
        65 words
      • Article, Illustration
        Lock icon Audio nirvana with Ultimate Ears
        88 28 ULTIMATE Ears is hoping to recreate the experience of going for a live gig with its new earphones. The Ultimate Ears noise-isolating earphones (above) promises to deliver the audio quality that hit bands such as The Killers and Green Day are used to hearing during
        88 words
      • Article, Illustration
        Lock icon Samsung gets 'touchy' with new phones
        158 28 SAMSUNG is hoping to touch the hearts of gadget-crazy Singaporeans with its two new smart phones. The Korean electronic s giant has taken the wraps off two new full touch-screen phones the Omnia II (above) and the iB9lO. Doing a one-up over its predecessor,
        158 words
      • Article
        Lock icon Fortinet offers free software upgrade
        94 28  -  WINSTON CHAI FORTINET has introduced two software enhancements for its security appliances FortiManager 4.0 and FortiAnalyzer 4.0. The new tools will make it easier for IT managers and security administrators to deploy and monitor Fortinet's security products. In addition, they will allow users to have
        94 words
    • Article, Illustration
      Lock icon Disaster recovery budgets intact despite cutbacks
      878 28  -  AMIT ROY CHOUDHURY Survey shows firms here beat regional peers in DR tests By FEARS of disasters and a possible pandemic resulting in data loss and disruptions have resulted in Singapore firms ensuring adequate funding for disaster recovery (DR) plans, despite an overall cut
      878 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      1551 27 V#^L k ATVvTTinr r&lt; Tollfree:1800-289-8822 V IV 1 11 Iff U( V Email: notices@sph.com.sg _L^l V^&gt;/ X ly il /L I www.cats.com.sg LIAN SOON M SJ! PTELTD TRAFFIC ARRANGEMENTS FOR (Sco^rWted in sn^o™) CYCLONE RACE SERIES 2009 LOST SHARE CERTIFICATE The Cyclone Race Series 2009 will be held on Sunday,
      1,551 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      323 28 Trade in yesterday's UPS L^--—|B *****l I Plugging new equipment into your faithful, old UPS may seem like a good idea Performance power but-think again. Larger loads can dramatically decrease the performance of protection for servers, H voice and data networks your UPS, not to mention increase the chances of
      323 words
  • Page 28 Miscellaneous