The Business Times, 3 August 2009

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Microfilm: NL30118
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGN N**********E MICA (P) 197/08/2008 Monday,August3,2oo9
    19 words
  • Article
    Lock icon Bank results to offer clearer sign of economy's health
    753 1  -  EMILYN YAP 47 firms have announced Q2 results; combined earnings down, but no nasty shocks so far By [SINGAPORE] Less bad is the new good or so it seems to the market these days. Companies are unsurprisingly earning less than a
    753 words
  • Article
    Lock icon Setting the mood for National Day
    83 1 Singapore celebrates its 44th National Day this Sunday. To get things going, we will be running a series featuring industry leaders and their wishes for Singapore from tomorrow to Saturday. The series is jointly brought to you by The Business Times and City Gas.
    83 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      52 1 >T Index 2,659.20 +125.77 1 COMP 1,174.90 +19.02 MKKEI 225 10,356.83 +412.28 1ANG SENG 20,573.33 +590.54 ;et index 624.00 +9.76 JAKARTA COMP 2,323.24 +137.59 1ANILA COMP 2,798.33 +121.86 ;eoulcomp 1,557.29 +54.70 ;henzhenb 549.02 +4.25 IUMBAI IND 15,670.31 +291.35 )OW 9,171.61 +78.37 IASDAI 1,978.50 +12.54 ;&P 500 987.48 +8.22 =TSE
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    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.078 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
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      41 1 IS$ (S$ per US$) 1.441 (US$/S$ per 1.656 2.387 EURO (US$,S$/E) 1.411 Foreign currency per US$ 2.034 'EN 95.60 66.30 3.522 2.444 IK$ 7.750 5.377 !AHT 34.04 23.61 lUPIAH 9,912 6,877 lENMINBI 6.832 4.741 INDIAN RUPEE 48.17 33.42 1.208 0.838
      41 words
  • Article, Illustration
    Lock icon Crisis? What crisis? Diamonds are forever
    750 1  -  RACHEL SIM Weddings, other such occasions keep jewellery sales up By [SINGAPORE] The value of tangible assets may change in a recession but the intangibles are what matter more in such times. This is likely the underlying cause of the phenomenon that has taken
    750 words
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      91 1 THAI THAT BINDS X from sto 15 august, join resident thai chef sittichok panchum for an authentic dining experience M VI presented with guest chef sarawut from the erawan tea room at grand hyatt erawan bangkok. Mr/m available for lunch and dinner. m7/M W^^A FEEL THE HYATT TOUCH® ,^k for
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      3 1 8 *****1 *****4
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      48 1 BizlT SINGAPORE'S jH^VF VIEWS FROM THE TOP CAMPUS LIFE Windows Starter in CHALLENGES kAAAbkk What women Doing a master's < Spore for first time SM Goh lists'the perils WuuOff entrepreneurs want the fun way sG^filpf PAGE 28 Of SUCCeSS PAGE 3 PAGES 10 AND 11 PAGE 12 r^rßvt. iiLd
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  • TOP STORIES
    • Article, Illustration
      Lock icon Ripples from Great Eastern's move
      575 2  -  SIOW LI SEN COMMENTARY Great Link Choice customers win, but who loses and will other financial institutions feel the heat? Senior Correspondent SOME 18,000 Great Eastern policyholders have been sleeping easier following the insurer's offer to redeem their Great Link Choice (GLC) product. With that
      575 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Earnings fall but not below expectations
        82 2 LESS bad is the new good or so it seems to the market these days. Companies are unsurprisingly earning less than a year ago but most are nowhere near a meltdown and observers have at least stopped holding their breath. Some firms have also
        82 words
      • Article
        Lock icon Crisis? What crisis? Diamonds are forever
        72 2 THE value of tangible assets may change in a recession but the intangibles are what matter more in such times. This is likely the underlying cause of the phenomenon that has taken the jewellery industry by surprise. In spite of the downturn, the sales
        72 words
      • Article
        Lock icon US investors brace for pullback after solid month's gains
        62 2 ANOTHER solid week for US stocks capped a month's worth of strong gains, but with uncertainty and doubt keeping pace with optimism despite the hefty run-up in stocks, even Wall Street's most bullish analysts are bracing for a significant pullback over
        62 words
      • Article
        Lock icon Spore faces perils of success: SM Goh
        71 2 SINGAPORE is facing "perils of success" across economic and social fronts which leaders today must address, said Senior Minister Goh Chok Tong. He highlighted 10 challenges confronting Singapore's leaders and the next generation. Key among them are how the country can maintain high
        71 words
      • Article
        Lock icon ARA buys Suntec Convention Centre in $235m deal
        75 2 ARA Asset Management added the Suntec International Convention Exhibition Centre to its portfolio of Suntec-brand properties on Saturday. ARA, an affiliate of Li Ka-shing's Cheung Kong group, sealed the $235 million deal for the convention centre with Suntec City Development Pte Ltd,
        75 words
      • Article
        Lock icon El Nino has good effect on plantation stocks
        44 2 THE El Nino effect is back and plantation stocks may outperform, according to investment bank Goldman Sachs. The analysts carried a buy on Wilmar and Indofood Agri Resources which are listed here. COMPANY NEWS, PAGE 7
        44 words
      • Article
        Lock icon New campus gives boost to education hub goal
        94 2 BARELY two years after taking over the Australian International School of Singapore, international education group Cognita is now busy counting down the days to the birth of its newest baby the Stamford American International School. As the finishing touches are applied to
        94 words
      • Article
        Lock icon US economic recovery will be gradual: IMF
        68 2 THE US economic recovery is likely to be "gradual" and officials should be prepared to inject more monetary and fiscal stimulus should the rebound falter, the International Monetary Fund said. "If downside risks materialise, additional credit easing and a strengthened commitment to maintaining
        68 words
      • Article
        Lock icon Better-than-expected results by Indian firms
        45 2 INDIAN companies reported better profits than expected in the June quarter, but revenue remained subdued amid weak demand and analysts cautioned that inflationary pressures in the coming quarters could erode cost benefits that have aided earnings. GREATER CHINA/INDIA, PAGE 17
        45 words
    • Article, Illustration
      Lock icon Investors brace for pullback ahead after solid month of gains
      1048 2  -  ANDREW MARKS WALL STREET INSIGHT Concern lingers over strength, durability of economy's recovery: analysts By in New York ANOTHER solid week for US stocks capped a month's worth of strong gains, but with uncertainty and doubt keeping pace with optimism
      BLOOMBERG  -  1,048 words
    • Article, Illustration
      Lock icon Resilient Thailand forges ahead
      535 3  -  SIOW LI SEN It continues to hum despite political upheaval and graft By in Bangkok ANGIE Chan returned to Bangkok last month looking for new ventures. She is an attractive businesswoman who has decided that retirement is not yet on the cards following a six-month hiatus
      AFP  -  535 words
    • Article, Illustration
      Lock icon Spore faces perils of success: SM Goh
      400 3  -  EMILYN YAP But the country has strengths to overcome these challenges, he says By [SINGAPORE] Singapore is facing "perils of success" across economic and social fronts which leaders today must address, according to Senior Minister Goh Chok Tong. "Our success creates its own
      FILE PHOTO  -  400 words
  • Page 2 Advertisements
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      105 2 iOT NANYANG ?&^5 TECHNOLOGICAL UNIVERSITY Symposium on Exchange Rate Systems and macroeconomic policies in asia: Lessons from Past Experiences and Outlooks amid the Global Economic Slowdown 11 August 2009 (Tuesday), 9.30 am to 5.20pm Lecture Room 2, Nanyang Executive Centre (NEC), NTU 60, Nanyang View, Singapore *****3. 11 eminent international
      105 words
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      Lock icon Page 2 Advertisements Column 2
      15 2 IDB Platinum II |DB Platinum IV DoubJe Joy Capital Guaranteed Fund RID 23/07/09 9,75 USD
      15 words
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  • COMPANY NEWS
    • Article
      Lock icon ARA buys Suntec Convention Centre in $235m deal
      633 4  -  JOYCE HOOI Acquisition will bring 76% of whole Suntec complex under its ownership By mall spaces are owned by Suntec Reit, which is managed by ARA. The convention centre, however, will be owned separately under the ARA Harmony Fund which was created
      633 words
    • Article
      Lock icon Revenue boost seen for Asian bourses amid rallies
      451 4 Reuters [HONG KONG] The Singapore and Australian stock exchanges are expected to post moderate profit declines as trading volumes waver, but their Hong Kong peer is likely to deliver a flat performance after four successive quarters of shrinking earnings growth. Looking ahead,
      – Reuters  -  451 words
    • Article
      Lock icon Calendar
      149 4 Dates of release (Half year ent dedJun'09) 1 Cosco Corp 23 JMH 2 OCBC Aug3 24 JSH Aug 7 3 UOI I 25 Telechoice Intl 4 Hi-P Intl 5 Sembcorp Marine 6 ST Engg 7 Tuan Sing 8 ARA Asset Mgt 26 Armstrong Ind Corp I 27 Best World
      149 words
    • Article
      Lock icon At a glance
      804 4 6-month and Q2 results ended June 2009 6 months ended June 2009 3 months ended June 2009 1 KeppelCorp 1024.82 561.02 82.7 6,179.72 4,853.94 27.3 739.53 299.30 147.1 3,201.74 2,642.58 2 Great Eastern 334.70 60.70 451.4 2,424.50 3,585.80 -32.4 97.70 15.70 522.3 1,248.80 1,975.90 3 months ended
      804 words
    • Article, Illustration
      Lock icon El Nino has good effect on plantation stocks
      481 7  -  OH BOON PING Goldman gives 'buy' rating to Wilmar, Indofood Agri Resources By The El Nino effect is back and plantation stocks may outperform, according to investment bank Goldman Sachs. The analysts carried a "buy" on Wilmar and Indofood Agri Resources which
      REUTERS  -  481 words
    • Article
      Lock icon COMPANY MEETINGS
      146 7 A,sia Dekor S Units 1601-3, 16th Floor, Tai Tung Building, B Fleming Road, Wanchai, Hong Kong 03-Aug 9.30am Uni-Asia Fin E M-Hotel Singapore, Anson III, Level 2, 81 Anson Road, Singapore *****8 05-Aug 2.00pm Z-Obee Hldgs S Room 401, Bldg 14, West Park of Software Park Hi-Tech Park
      146 words
    • Article
      Lock icon PRIME LENDING RATES
      406 7 Jul 31 BANKS ABN Amro Bank NY 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 n Bank o America NA 5 Bank o China Limited 5.5
      406 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (July 31,2009)
      262 7 MATURITY YEAR RAISED DATE COUPON RATE (%p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) I REDEMPTION YIELD p.a.) ISIN CODE 1.10.2009 N*****0Z 2004 2 3/8 3900.00 1/4 1/10 121 100.31 0.54 SG********** 1.04.2010 N*****0F
      262 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      210 4 Call 6-222 6868 for the AcCOUntServe Accounting Specialists www.Accountserve.com.sg Routine Accounting SWAT Accounting GST Reporting XBRL Filing T^^ Planning your group retreat? Be it corporate incentive, conference packages, teambuilding, free easy..... Book your group retreat with us today! The Leading Operator J r Established 1985 Friendly Professional Service Assured I
      210 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Where might the next bubble be inflating?
      734 6  -  R SIVANITHY STOCKS Senior Correspondent T HERE'S been much invective hurled at American investment bankers since the global economic crisis that started as a financial melt-down some two years ago, but none more passionate than that from pop-culture magazine Rolling Stone (RS). In
      734 words
    • Article
      Lock icon Asian units mostly higher against greenback
      371 6 -AFP CURRENCIES [HONG KONG] Asian currencies ended last week mostly higher against the US dollar, sparked by increased confidence in the state of the global economy, dealers said. Japanese yen: The yen shifted lower against the dollar in Tokyo during last week as confidence
      -AFP  -  371 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      790 6 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad) Capital; (ag) Dividend/Distribition; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (an) First and Final Tax Exempt (One Tier); (ao) Income; (aq) Income Tax
      790 words
    • Article
      Lock icon World oil prices go through a roller-coaster ride
      292 6 -AFP COMMODITIES [LONDON] The oil market faced a roll-er-coaster week as traders tracked buoyant global equities, soaring US crude stockpiles and the global economic outlook, analysts said. Oil: Crude oil began last week in positive territory as a brighter world economic outlook
      -AFP  -  292 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1385 6 Source: Thomson Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name Mlgreen Prop perties 2.55 2.82 11 5.90 20.69 0.96 1.20 ,RA Asset Mi 2.00 2.00 2 6.25 10.88 0.64 0.68 ,rmstrong Industrial Corp
      1,385 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      61 6 Jul 31 VALUE CLOSE BT OB/OS 1127.00-116.00 BT CADI -*****.00 +71.00 BT 10-day MA -*****.00+113.0 FTSE ST Mid Cap 595.28 +6.93 FTSE ST Small Cap 515.39 -1.23 FTSE ST All Share 649.45 +5.57 FTSE ST China Top 282.22 -0.27 FTSE ST China 275.43 -0.73 FTSE ST Catalist
      61 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME Golden Agri 839,099,000 Gentinq SP 528,579,000 China Honqxinq 433,215,000 UniFiber 421,351,000 Ban Joo 286,600,000 Pac Andes 242,352,000 Ezion 230,916,000 FrasersComm 218,995,000 Capita Land 193,582,000 Swiber 190,606,000 VALUE(S) Capita Land 760,495,309 DBS Grp 717,254,963 Sing Tel 562,855,330 Gentinq SP 447,929,036 UOB 370,605,166 Golden Agri 341,438,390 SGX 323,307,329
      59 words
    • Article
      Lock icon RISES
      115 6 10US$ BY CENTS CLOSE UP 3783 494.1 10.0 DBXT MSEuroi DBXTDJE50 10US 3884 409.1 7.9 DBXT FTVietnam 10US$ 4744 399.0 6.2 DBXT Ni 10US$ 9661 381.7 2.8 DBXT MSKorea 10US$ 3941 305.4 5.7 Jardine C&C 2360 214.0 10.0 JMH 2880 213.2 5.4 BMT 1100 190.0 20.9 Great Eastern 1418
      115 words
    • Article
      Lock icon FALLS
      115 6 BY CENTS CLOSE DOWN 9186-216.1 -1.6 GLD 10US$ DBXTS&P Short 10US$ 6312-154.1 -1.7 ir MS India 10US$ 1236 -23.1 -1.3 SIAEi 263 -20.0 -7.1 SATSvcs 210 -17.0 -7.5 iitaland.ES.0907 379 -16.0 -4.1 Cai litaLand 382 -15.0 -3.8 Isetan 340 -15.0 -4.2 SMRT 170 -12.0 -6.6 STI 2800SGAePW*****9 41 -12.0
      115 words
    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands Jul 31 CHNG CLOSE FR Jul 30 YR2009 S$ LOW S$ HIGH USS 1.4415 0.23 1.5579 1.4308 Euro 2.0350 -0.13 2.0732 1.9150 Pounds 2.3870 -0.06 2.4051 2.0356 AS 1.1943 -0.34 1.1985 0.9453 Yen* 1.5071 0.82 1.7278 1.4831 Rill liah* 0.***** -0.47 0.***** 0.***** Baht* 4.2366 0.10
      87 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      893 7 The Rights Issue Important Dates and Times 2 YTL Pacific Star REIT Management Limited, as manager of Starhill Global Friday, 24 July 2009 Despatch of Offer Information Statement ("OIS") dated REIT, is undertaking a fully underwritten and renounceable 1 -for-1 Rights 21 July 2009 and application forms to Eligible Unitholders
      893 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Heavy selling among directors
      1406 8 INSIDE MARKETS The absence of repurchases last week is indicative of how high the market has gained since March, reports ROBERT HALILI THE continued rise in the market resulted in heavy selling among directors and substantial shareholders last week. The buyback activity has dried up with
      Asia Insider Ltd  -  1,406 words
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      40 8 text-to-speech feature fc-f-ig^lsiil quiz game %%IB learn a phrase a day 3^3&^ useful links to learning Chinese I&R\W& M W Vv learn from Chinese songs !fc£:# i" 'd^^&r Bloggers sharing Ifg#£ V 9 V CLing Chinese Language i-n-g A \^W
      40 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon New campus gives boost to education hub goal
      539 9  -  LEE U-WEN Stamford American Int'l School will provide up to 2,500 places in long run By BARELY two years after taking over the Australian International School of Singapore, international education group Cognita is now busy counting down the days to the birth
      539 words
    • Article, Illustration
      Lock icon STARHUB STAFF GO THE EXTRA MILE
      68 9 STARHUB has moved its headquarters from Star Hub Centre at Cuppage Road to Star Hub Green at Übi. More than 100 Star Hub employees took part in a 13-kilometre relay last Saturday morning to mark the relocation. The run from Cuppage to Übi was
      68 words
    • Article
      Lock icon Talent assessment help gaining importance
      491 9 HOW do firms decide which of their employees will not be taking home the bacon any more? One of the parties helping them make that choice is SHL Group, which counts Fortune 500 firms among its clients. In an environment of restructuring and redundancy, the
      491 words
    • Article, Illustration
      Lock icon Trust in the private sector on the upswing
      387 9  -  JOANNE TANG Businesses in Asia seen as enabling economic growth By AMONG the six countries surveyed by Edelman in the 2009 Midyear Edelman Trust Barometer, India and China are the most positive about business with 75 per cent and 60 per cent
      FILE PHOTO  -  387 words
  • Page 9 Advertisements
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      23 9 V*' LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company's financial performance through CATS Notices in The Straits Times. NOTICES
      23 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      10 9 Lianhe Zaobao S-chips' debtrestructuring woes coming to an endP nmm»
      10 words
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      Lock icon Page 9 Advertisements Column 3
      249 9 ÜBS (Lux) Institutional Sicav Investment company with variable capital (Societe d'lnvestissement a Capital Variable) Registered office: 33A avenue J.F. Kennedy B.P. 91, L-2010 Luxembourg R.C. Luxembourg N°B 115 477 INVITATION Shareholders are hereby invited to attend the ORDINARY GENERAL MEETING to be held at 10.00 a.m. on Thursday, 20 August
      249 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon What women want
      3951 10 THIS WEEK'S TOPIC What policies and incentives would help raise the participation and profile of women as entrepreneurs? What should women themselves do in this regard? Dhirendra Shantilal Senior Vice-President Asia-Pacific Kelly Services ENTREPRENEURS, regardless of gender or age, are motivated by key factors such as influence,
      STOCK.XCHNG; FILE PHOTO  -  3,951 words
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      120 11 MM r <^i ■•1 r r> q rj For enquiries, please contact us at 651 3 8798 or email us at secretariat@singaporehcsummit.com ORGANISED BY: STRATEGIC PARTNERS: Government If s Singapore Civil Service College Infocomm Development Authority International Enterprise Singapore Ministry of Foreign Affairs IWV MANPOWER \A/^^/V dCTef°prerrt Singapore Monetary Authority
      120 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Youngsters set for a major feat
      676 12 A team of SMU and LSE students is organising an investment banking conference in September that focuses on the strengths of Asia's corporate financial industry, reports LEE U-WEN FOR students, by students: That's how an inaugural investment banking conference this September is positioning itself.
      676 words
    • Article, Illustration
      Lock icon Doing a master's the fun way
      790 12 CAMPUS LIFE A year of study spent in Europe was an enriching and memorable experience, says JUNE ZHU YUAN WHEN I was focusing on completing my master's degree and looking for a job in Singapore, I was given the chance to do a one-year
      790 words
    • Article
      Lock icon Be smart with your finances
      204 12 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
      204 words
  • Page 12 Advertisements
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      46 12 cftibank 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.
      46 words
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  • DINING OUT
    • Article, Illustration
      Lock icon The many ways of loving foie gras
      256 13 GUEST CHEF Stephane Bernhard at The Cliff The Sentosa Resort and Spa 2 Bukit Manis Road Tel: 6275-0331 STEPHANE Bernhard loves foie gras. And being a chef, he's got lots of ways to show it. He whispers sweet nothings in the form of
      256 words
    • Article, Illustration
      Lock icon Classical menu served in homey style
      658 14  -  Cheah Ui-Hoon Le Saint Julien The Fullerton Waterboat House 3 Fullerton Road #02-01 Tel: 6534-5947 THE shutters are down at Le Saint Julien Restaurant at the Fullerton Waterboat House. No, not that it's shut. Not by any means; as the five-year-old restaurant is still
      658 words
  • Page 13 Advertisements
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      263 13 LUAUKY if j fiyifii I w^ ill l^'; :^te' I IHII Sky Dining with Fine Cantonese Cuisine Making an impression counts, starting from your choice of a dining venue. At HaiTien Lo, enjoy a seamless experience with magnificent views, a private ambience and impeccable service. Master Chef Lai Tong Ping
      263 words
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      223 14 I m\ V^BiKWK^i''ii^viii'iifMPPPWiPßPPiPß I u**i L Terms and Conditions: *An annual fee of SslBo for the White Card and annual fee waiver for the UOB Preferred World MasterCard applies (minimum income of 5550,000 per annum is required). The White Card is issued by Ate Consulting Re. Ltd. All the above-mentioned
      223 words
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  • ECONOMY WATCH
    • Article
      Lock icon US economic recovery will be gradual: IMF
      514 15 Bloomberg Officials should be prepared to inject more fiscal stimulus if rebound falters [WASHINGTON] The US economic recovery is likely to be "gradual" and officials should be prepared to inject more monetary and fiscal stimulus should the rebound falter, the International Monetary Fund
      Bloomberg  -  514 words
    • Article
      Lock icon US recession deeper than thought
      410 15 -AP [WASHINGTON] The recession inflicted even more damage on the US economy last year than the government had previously thought. The Commerce Department, in revisions issued last Friday that date back to the Great Depression, now estimates that the economy grew just 0.4 per cent
      -AP  -  410 words
    • Article, Illustration
      Lock icon Australia still faces difficult outlook
      363 15 Bloomberg Too early to remove stimulus spending, says Treasurer Swan [SYDNEY] The Australian economy has "a long way to go" to full recovery, so the government will not move to remove stimulus spending, Treasurer Wayne Swan said. "We've got a challenge ahead," Mr Swan said
      – Bloomberg  -  363 words
    • Article
      Lock icon Euro zone jobless rate at 10-year high
      268 15 Reuters [BRUSSELS] Unemployment in the euro zone rose to a 10-year high of 9.4 per cent in June, but increased less than expected following government measures to combat the economic crisis. The European Union's statistics office also said last Friday that inflation had
      – Reuters  -  268 words
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      288 15 In Partnership With V V I V I S \U±^^t as 07/10 r-?/l0 AN ULTRA-EXCLUSIVE MEMBER'S CLUB FOR FOODIES. A NEW, PREMIUM DINING CARD PROVIDING THE VERY BEST PRIVILEGES AT SOME OF SINGAPORE'S MOST EXCITING RESTAURANTS ALL YEAR ROUND. RESTAURANT PRIVILEGES* 50% OFF FOOD FOR 2 DINERS, 33% OFF FOOD
      288 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Drawing property investors
      629 16  -  PAULINE NG MALAYSIA INSIGHT Carrying out police reforms will show that M'sia is serious about tackling crime XL Correspondent MALAYSIA aims to sell RM2O billion (SsB.2 billion) in domestic real estate to foreigners over the next decade, three times more than the current average of RM6OO million
      629 words
    • Article
      Lock icon KL criticised for crackdown on protesters
      429 16 -AFP Najib defends police action, cites duty to preserve security [KUALA LUMPUR] Malaysia's government faced criticism yesterday for arresting hundreds of people and using tear gas and water cannons to break up a protest against laws that allow detention without trial. More than 60
      -AFP  -  429 words
    • Article
      Lock icon Pertamina signs syndicated loans worth USs7o2m
      491 16 Reuters [JAKARTA] Indonesia's state oil and gas firm Pertamina signed on Friday syndicated loans worth US$4OO million and 3 trillion rupiah (US$3O2 million or ***** million) with local and foreign banks to fund upstream and downstream projects. The dollar loan involves 16 banks, including
      – Reuters  -  491 words
    • Article
      Lock icon Indonesian plan may boost supply of govt bonds
      220 16 Reuters [BUKITTINGGI, Indonesia] Indonesia is considering turning non-tradeable government bonds into paper that can be traded in the market, the finance minister told Reuters on Friday, potentially increasing supply in the market. Finance ministry data showed there were 254 trillion rupiah (5536.8
      – Reuters  -  220 words
    • Article
      Lock icon BURSA MALAYSIA
      2082 16 July 31 RM C000) \&M Realty 0.57 \bric Bhd 0.15 advance Synergy 0.15 VJventa Bhd 1.39 \eMulti Hldgs 0.11 \ffin Holdings 1.80 \hmad Zaki Resou....0.78 We Corp 0.45 \irasia Bhd 1.50 \kn Technology 0.14 alliance Financi 2.47 aluminium Co 1.00 Amalgamated Ind ....0.46 tomb Hldgs Bhd ....4.00 \mtel
      2,082 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon MGM Mirage overhauling Macau business
      718 17 Bloomberg Casino with smallest market share to step up marketing, recruitment in city [LAS VEGAS] MGM Mirage, with the smallest casino market share in Macau, said it is overhauling operations and marketing at its venture in the city to boost revenue after an "underwhelming" start.
      Bloomberg; BLOOMBERG  -  718 words
    • Article
      Lock icon Better-than-expected results by Indian firms
      655 17 Reuters [MUMBAI] Indian companies reported better profits than expected in the June quarter, but revenue remained subdued amid weak demand and analysts cautioned that inflationary pressures in the coming quarters could erode cost benefits that have aided earnings. Among 66 companies surveyed, nearly four of
      Reuters  -  655 words
    • Article, Illustration
      Lock icon Steel body threatens new rules for iron ore price
      652 17 Reuters METALS ROW [BEIJING] China's steel industry body on Friday threatened new rules to enforce a single price for iron ore, as it struggles to regain control of marathon contract price talks with global miners in which it vowed to achieve
      – Reuters; 1 •Ma AFP  -  652 words
    • Article
      Lock icon China may block BHP-Rio joint venture
      490 17 Reuters [BEIJING] The detention last month of four Rio Tinto employees in China, in the midst of bruising iron ore price negotiations, could be just a sign of things to come as BHP Billiton and Rio seek regulatory clearance for their iron ore joint
      – Reuters  -  490 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      1061 17 Stamford Tyres Corporation Limited (Company Registration No: *****4416 M) NOTICE IS HEREBY GIVEN that the Twentieth Annual General Meeting of the shareholders of the Company will be held on Wednesday, 19 August 2009 at 3.00 p.m. at 19 Lok Yang Way, Singapore *****5 to transact the following businesses:ORDINARY BUSINESS 1.
      1,061 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon No fine for ÜBS in tax case: Swiss papers
      556 18 -Reuters Data of some 5,000 of the 52,000 clients will be handed over to US authorities [ZURICH] Switzerland's ÜBS will not have to pay a fine as part of the settlement of a tax evasion dispute with the United States, two
      -Reuters; – AFP  -  556 words
    • Article
      Lock icon Global financial aid bearing fruit: Lamy
      575 18 Reuters [JOHANNESBURG] A US$25O billion financial package to revive a global trading system crippled by the credit crisis is starting to bear fruit, especially in Asia, the head of the World Trade Organization (WTO) said on Saturday. "Oil is (returning) to the various mechanisms
      – Reuters  -  575 words
    • Article
      Lock icon Bad loans to hit UK banks' H1 figures
      527 18 [LONDON] Britain's Lloyds Banking Group is set to unveil a £5 billion (Ssl2 billion) loss as bad debts soar and its four UK rivals will also show the strain when they report half-year results this week. Investment bank revenue for all the
      527 words
    • Article, Illustration
      Lock icon Nissan unveils zero-emission hatchback 'Leaf
      492 18 Reuters Pricing to be within range of comparable gasoline-engine car [YOKOHAMA, Japan] Nissan Motor Co took the wraps off its much-awaited electric car yesterday, naming the hatchback "Leaf" and taking a step towards its goal of leading the industry in the zero-emissions field. Japan's No
      Reuters; AP  -  492 words
    • Article
      Lock icon Oil trader's US$l00m pay poses quandary
      915 18 -NYT [NEW YORK] In a few weeks, the Treasury Department's czar of executive pay will have to answer this US$lOO million question: Should Andrew Hall get his bonus? Mr Hall, the 58-year-old head of Phibro, a small commodities trading firm in Westport, Connecticut, is
      -NYT  -  915 words
    • Article
      Lock icon Guardian Group mulls closing Observer paper
      190 18 -AFP [LONDON] Britain's loss-making Guardian Media Group could close its weekly newspaper The Observer in a drastic cost-cutting drive, The Sunday Times reported here citing sources at the rival paper. A spokesman for the newspaper group declined to comment on the story when contacted
      -AFP  -  190 words
    • Article, Illustration
      Lock icon China at risk of asset bubbles, says poll
      682 19 Reuters It is expected to start withdrawing economic stimulus before the US [HONG KONG] China is most at risk in Asia of forming an asset bubble after a surge in stock and property prices this year and will likely start withdrawing economic
      – Reuters; REUTERS  -  682 words
    • Article
      Lock icon Private equity suffers worst year ever: study
      217 19 Reuters [LONDON] Private equity returns saw their steepest declines on record in 2008, down by over a quarter as the value of firms' investment portfolios tumbled in the wake of the credit crisis, according to a study published on Thursday. Private equity firms
      – Reuters  -  217 words
    • Article
      Lock icon Buffet reaps US$l b paper gain on BYD
      339 19 Reuters Shares in the Chinese car, battery maker quintupled [NEW YORK] Warren Buffett's Berkshire Hathaway Inc has made a US$l.O2 billion paper profit on a 10-month-old investment in BYD Co after shares in the Chinese car and battery maker quintupled. Berkshire's Mid
      – Reuters  -  339 words
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  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      870 19 ci taste JL ii,.sundaylir™'s|une2l, 2009 M *fl .&■s?stations arc MM lM^^^^^_^ ""*"^**.^B^il^^^^^^K^B font their PHOTOS: ZENTO I The entree Roasted Marinated Duck Breast in fusion style suils eclectic Lastebuds fine. WWrtJ j^U Volcano hot, j& I 1 >J Love is so-so Zento's sushi rolls, concocted by ■J^^~ an Indonesian-born chef,
      870 words
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  • GRAFT BUSTING
    • Article, Illustration
      Lock icon Leading India's tight against corruption
      789 20 NTT The Central Bureau of Investigation's business investigative skills gained acclaim after the Satyam scandal, says HEATHER TIMMONS [NEW DELHI] HEN Ashwani Kumar took over as India's top anti-corrup-tion official last year, Prime Minister Manmohan Singh, his new boss, advised him: "Follow the righteous path."
      NTT; BLOOMBERG  -  789 words
    • Article, Illustration
      Lock icon Guangdong's success breeds graft
      708 20 -AP Business leaders there known to link up with officials to create syndicates [GUANGZHOU] One of Wang Yang's favourite slogans is "Free your thinking," and many believe that the economic reformer will soon be one of China's top leaders unless he stumbles on his current job:
      -AP; REUTERS  -  708 words
    • Article
      Lock icon Indonesian agency praised for 100% conviction rate
      662 20 -NYT But the KPK's success has drawn fierce opposition [JAKARTA] Indonesia, a country that has long been regarded as one of the world's most corrupt, has won praise for combating graft in recent years. Leading the charge has been a single powerful government
      -NYT  -  662 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Baltic Dry Index drops as loading delays ease
      579 21 Bloomberg Deliveries of new ships have contributed to expansion of fleet [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, fell for a second consecutive session in London as delays at loading ports eased and newly built carriers compete
      – Bloomberg  -  579 words
    • Article
      Lock icon Baltic Exchange mulls FFA screen options
      289 21 Reuters [LONDON] The Baltic Exchange is in talks with market participants over the options available for a central trading screen for forward freight agreements (FFAs), its chief executive told Reuters Television last Thursday. "We are talking to all of the parties involved in terms
      – Reuters  -  289 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2722 21 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
      2,722 words
    • Article, Illustration
      Lock icon Hit by losses, private Indian carriers to ground jets for a day
      626 21 -AFP [NEW DELHI] India's private airlines, awash in red ink, say they will ground their planes in an unprecedented one-day stoppage to demand the government act to ensure their survival. The carriers, which carry about 80 per cent
      -AFP; AFP  -  626 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        106 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.53 0.27 1.31 0.61 1.54 0.62 0.05
        106 words
      • Article
        Lock icon KLSE
        35 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.00 8.75 8.80 3.20 2.84 unch 0.09 unch 0.05 unch 0.02 0.01 unch unch 21) 74! 215) 53) i: 135:
        35 words
      • Article
        Lock icon BANGKOK
        12 21 ■oo 'recious Ship Regional Cont .16.20 ...9.70 -0.10 -0.05 1231 500
        12 words
      • Article
        Lock icon HONGKONG
        11 21 '000 Doil iingamas Cont .43.40 ...1.22 3.30 25V 0.06 6028:
        11 words
      • Article
        Lock icon PHILIPPINES
        16 21 '000 Aboitiz Equity Intl Container Keppel Marine 6.90 18.00 2.06 unch 0.50 0.04 17: 128!
        16 words
      • Article
        Lock icon TAIPEI
        20 21 Evergreen Marine ....20.00 :irst Steamship 46.40 /Van Hai Lines 16.70 t'ang Ming Marine...12.65 0.30 -0.70 0.30 0.10 1' 1:
        20 words
      • Article
        Lock icon TOKYO
        38 21 '000 'en :awasaki Hvy Ind ..244.00 5.00 1347: :awasaki Kisen 357.00 -1.00 577: /litsubishi Hvy 379.00 3.00 3870: /litsui Eng&Sbldg...240.00 7.00 569: /litsui Osk Lines 577.00 12.00 1794! lippon Express 435.00 27.00 595: lipponYusen 405.00 11.00 765!
        38 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      49 21 JQI ODYSSEY SHIPPING PTE LTD (OSL) With effect from 01 August 2009, we have appointed CSA-OSL Shipping Pte Ltd as our general agent in Singapore. For all bookings, please contact CSA-OSL SHIPPING PTE LTD 5001 Beach Road #06-05 Golden Mile Complex Singapore *****8 Tel: 6293 5565 Fax: 6293 8767
      49 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      392 21 CRYPTIC CROSSWORD 5 A small amount of change around clubs? It could be grave (6) M I B^^~ i 9 Boy includes triumphal cry BB BB BB BB W^ in aggressive behaviour (8) 12 I'M 10 Author enjoyably tonight H^ Bfl^ Bfl IB! HI comprehended (6) I 12 Unusual care
      392 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9141 22 Week ended: Jul 31 ligh Low Code Company Sale +1('OOP) High Low Buyer Seller C'vr P/E $mil 12 3 3148 STelecom 8.5 2.5 5834 A-Sonic 24.5 12 5000 ABR Hldgs 13 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 59 26.5 5550 ARA 7
      9,141 words
    • Article
      Lock icon SGX CATALIST
      1818 23 52-wks Tel High Low Code Company Last Sale Vol Week Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 19 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 23.5
      1,818 words
    • Article
      Lock icon SGX ETF
      441 23 irVk Tel Low Code Last Sale Vol ('000) ifeek Low Lasl (uote Seller Div C'vr Net P/E riCap $mil Hii Comi Hii Bui 110 100 6389 ABF SG Bond ETF 847 427 CIMBAsean40 100US$ 269 149 DBS STI ETF 100 3902 3534 DBXT DJE50 10US$ DBXTDJE50Sh 10US$ 3072
      441 words
    • Article
      Lock icon CLOB INTERNATIONAL
      259 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
      259 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 23 Stock name Close Change Stock name Close Change Stock name Close Change Caj .and 3.820 -0.170 JMH 28.800 +0.100 SIAEm 2.630 -0.010 Caj lall 1.580 JSH 16.260 +0.140 SMRT 1.700 +0.010 Cit' 10.140 Jardine CSC 23.600 1.100 SPH 3.590 +0.080 ComfortDelGro 1.550 +0.060 Kej Con 8.390
      117 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      105 23 Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 1 5 0 0 0 12 1 5 Manufacturing 146 41 52 18 10 15 164 51 67 Commerce 50 20 16 58 26 23 'St. >r/Cc ms 24 10 10 25 11 11 Finance
      105 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 23 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 181,512 181,512 443,004 443,004 Manufacturing 3,399,428 198,549 3,597,977 1,690,091 9,778 1,699,869 Commerce 1,523,241 77,655 1,600,896 753,533 33,809 787,342 Tpt/Stor/Comms 1,214,274 36,210 1,250,484 1,797,254 9,019 1,806,273 Finance 223,546 20 223,566 1,771,456 1,771,457 Construction 1,167,066 54,820 1,221,886 276,442 1,187 277,629 Pro]
      118 words
    • Article
      Lock icon STOCKS ASIA
      2640 23 Transaction date: Jul3l 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 Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing Airport
      2,640 words
  • Page 22 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 31 World Index Preliminan 751.0 0.3 10.8 0.6 13.7 0.6 13.1 t EAFE Preliminai 718.3 0.4 10.6 1.0 15.3 1.0 15.2 Euro[ Preliminan 990.6 -0.2 8.7 0.6 15.2 0.6 15.1 Pacific
      360 words
    • Article
      Lock icon SICOM FUTURES
      182 24 Jul 31 KUDDEK hutures (Closing prices] RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Aug 09 198.0 Sep 09 Oct 09 NOV09 Dec 09 Jan 10 195.0 198.0 197.5 197.0 197.0 197.0 197.0 112 236 603 818 978 1256 415 TSR 20 (US
      182 words
    • Article
      Lock icon INTERBANK CROSS RATES
      462 24 Jul3l AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.895 5.657 0.587 6.417 39.882 82.071 0.792 10.181 2.916 1.262 68.894 39.808 1.193 6.439 0.900 27.163 28.183 0.500 0.828 Canada 1.117 6.321 0.656 7.170 44.565 91.706
      462 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 24 As at 3am ill 31 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1790 1.2140 Can dollar 1.3240 1.3400 Euro 2.0200 2.0440 NZ dollar 0.9330 0.9540 Sterlini 2.3670 2.3950 US dollar 1.4340 1.4510 Local dollars to 100 units of foreign currency:
      132 words
    • Article
      Lock icon INTERBANK RATES
      177 24 Jul 31 *L Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/2 ys$ 1/8 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.40 0.55 0.60 0.95 1.55 1.60 Offer 0.25 0.30
      177 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 24 lul 31 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****A 29.10.09 1-Year BY*****W 03.05.10 0.24 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year NY*****X
      86 words
    • Article
      Lock icon SIBOR
      76 24 Jul 31 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid
      76 words
    • Article
      Lock icon PRECIOUS METALS
      135 24 Jul3l Hong Kong London 933.80 929.60 934.80 930.60 Jul 30 Jul 31 935.70 940.45 936.50 941.25 Source: Thomson Reuters CAST BAR (S$) Jul 31 Buying Sellim Kilobar "46,524.67" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™ 103.79
      135 words
    • Article
      Lock icon CHICAGO BOT
      102 24 lul 31 i (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1134.00 1128.25 1140.00 1110.50 Sep 09 1044.00 1029.00 1045.25 1027.00 Nov09 982.00 971.00 984.00 964.00 Jan 10 984.50 974.50 985.25 969.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 09 35.06 34.93 35.28 34.53
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS ll 30 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 69.66 3.00 WTI (Near Mth) 67.18 4.32 Dubai (1-Mth F) 66.07 -1.35 Tapis blend 72.05 -1.40 Minas 68.50 -1.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 61.05 72.31 -1.65 -2.80 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Jul 31 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1923 1.1942 0.8277 0.8282 Canadian dollar 1.3323 1.3344 0.9249 0.9254 Euro 2.0327 2.0354 1.4111 1.4116 NZ dollar 0.9447 0.9462 0.6558 0.6562 Sterlini ind 2.3852 2.3882 1.6558 1.656:
      157 words
    • Article
      Lock icon LONDON METALS
      69 24 Jul3l\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1867.00 1854.50 3 months 1890.00 1879.00 Copper, Grade A (US$/tonne) Cash 3 months 5719.50 5719.00 5604.50 5602.00 Lead (US$/tonne) Cash 1859.00 3 months 1879.00 1799.50 1820.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      73 24 Jul 31 Lui.ua u:/ionnej Close Prev Hii ih/Low SepO9 1810 1831 1830/1804 Dec 09 1835 1855 1854/1829 Mar 10 1838 1857 1848/1831 May 10 1831 1848 1841/1829 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1468 unch 1475/1460 SepO9 1504 1490 1505/1476 Nov09 1525 1515 1526/1500 SUGAR (US tonne) White
      73 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 24 Jul 31 STI 2650 2650 2634 SIMSCI Am 316.6 319.5 317.0 Taiwan Aui 253.5 258.2 256.0 Source: MF Global (S) He. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Jul 30 S! Bid Offer 1-month 1.4449 1.4462 2-months 1.4449 1.4462 3-months 1.4449 1.4462 6-months 1.4450 1.4464 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      57 24 Jul3l Delivery Month Opening Sett Av Range Price Price Low Vol Open Done Position Hi AugO9 2320 2274 2320 2279 209 1014 SepO9 2214 2205 2268 2205 2379 ***** Oct09 2206 2189 2248 2175 ***** ***** Nov09 2200 2184 2243 2171 3742 ***** Total o/p: ***** contracts Turnover:
      57 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      278 24 Jul3l OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.5050 99.2600 98.9550 98.5300 6411 3665 3719 3430 EUROYEN TIBOR FUTURES SepO9 DecO9 Mar10 Jun10 Sep10 DedO Mar11 Jun11 99.480 99.495 99.490 99.455 99.400 99.355 99.270 99.210 ***** 3557 2581 1438 421 420 412
      278 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2486 24 BONDS, WARRANTS EXTENDED SETTLEMENT [el lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 >036 Advance SCT Ltd W*****9 4.5 1 2215 0.5 unch 50 1 1 15 87 5 4.11 1491 11.00 58 13 Allgreen Prop.ES.0907 AscendasReit.ES. 0907 112
      2,486 words
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  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      2821 25 m The Business Times Shipping Times jM WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M f^— B"V K.>.E SilTlTtWrJajiw'DLl \Tki\iAIAM MAI I Ilirr TEL:*****588 (14LINES) FAX:*****163 1"l iMT ftf-^"1 I^B BjWBBIjWHWBIWWIjBM HpHMM'MiIpTMrPPPWPM V\^H« I WAN HAI INtj PKL TEL: *****85S FAX: <03) *****288 PEN TEL: (04) *****00 FAX: (04)*****99 K^kl^AUL|k^A|j^^^||X|H
      2,821 words
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  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      3498 26 7**VHEB9EIII^K9IH^I linn eastern car liner, ltd in|i d J r///u I ||f—~__i I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I P >"^'^^^npSl7PHrsEßVlCE'^ S^ff^^ T -EgffltlML t'"inq(KT) MNL _m_ JIN^ _M_ _SURA_ <l! i:i u:anm tmmmi <LL lIIIR ,H iRII <lID we! ,,erh ihdwh icd
      3,498 words
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  • BizIT
    • Article, Illustration
      Lock icon Singapore BPO market to end '09 at US$l.3b: IDC
      900 27 Republic is higher in BPO adoption curve when compared to other Asean nations By AMIT ROY CHOUDHURY THE Singapore BPO (business process outsourcing) market is expected to end 2009 at US$l.3 billion, showing a positive growth despite the current economic conditions.
      900 words
    • Article
      Lock icon Apple's rejection of Google iPhone application probed
      295 27 Bloomberg [WASHINGTON] The US Federal Communications Commission has begun an inquiry into Apple Inc's rejection of a Google Inc application for the iPhone that allows people to make free calls. In letters sent on Friday, the FCC asked whether Apple consulted AT&T Inc,
      – Bloomberg  -  295 words
    • Article
      Lock icon Hackers expose weakness in visiting trusted sites
      562 27 -AP [LAS VEGAS] A powerful new type of Internet attack works like a telephone tap, but it operates between computers and websites they trust. Hackers at the Black Hat and DefCon security conferences have revealed a serious flaw in the way Web browsers
      -AP  -  562 words
    • <what's up>
      • Article
        Lock icon Creative joins hands with THX
        79 27 HOMEGROWN gadget maker Creative Technologies has teamed up with US-based THX to bring the audio experience of the big screen onto PCs and notebooks. The two companies plan to co-develop a range of audio solutions targeted at PC manufacturers. Called the THX TruStudio PC suite,
        79 words
      • Article
        Lock icon PayPal opens new online mall
        70 27 PAYMENT provider Pay Pal hopes to tug at the purse strings of Asian shopaholics with the opening of its online mall (http://www.paypal-apac. com/apac-mall). With economic recovery still uncertain, the company hopes to lure shoppers with perks such as discounts, free delivery services, and warranty for
        70 words
      • Article
        Lock icon Spore team wins software challenge
        79 27 A YOUNG Singapore team has bagged top honours in Sun Microsystems' Open Jive Regional Challenge, an open-source software development contest for tertiary-level students in the region. The team from Temasek Polytechnic clinched the top spot with an application called Smart Shop. The Java-based program allows
        79 words
      • Article
        Lock icon New regional VP at MessageLabs
        47 27 MESSAGELABS, a subsidiary of security software giant Symantec, has appointed Bjorn Engelhardt vice-president of Symantec's Saas (software-as-a-service) group for the Asia-Pacific region and Japan. He was formerly the senior director of the company's security data management group in the region. Compiled by
        47 words
    • Article
      Lock icon Windows Starter to dock in S'pore for first time
      620 28 THE BUSINESS OF INFOCOMM TECHNOLOGY Starter edition of Windows 7 will be offered only to netbook manufacturers, reports WINSTON CHAI A LESSER-KNOWN, cut-priced flavour of Microsoft's desktop operating system (OS), which was once confined to developing countries, will be extended to
      620 words
    • Article, Illustration
      Lock icon Red Hat sees one-quarter of sales coming from Asia-Pac
      538 28  -  ONG BOON KIAT By OPEN source software firm Red Hat Inc could be raking in one-quarter of its revenue from the Asia-Pacific area in "the next year or two", adding an exclamation mark to the company's robust growth in this region.
      ma FILE PHOTO  -  538 words
    • Article
      Lock icon EBay building software to replace Skype technology
      398 28 Bloomberg [SAN FRANCISCO] EBay Inc is building new software to run its Skype Inter-net-calling service, a bid to sidestep a licensing dispute with Skype's founders, who have threatened to take back the underlying technology. The new software will be expensive and might not
      – Bloomberg  -  398 words
    • Article
      Lock icon Capgemini, Fujitsu report early signs of demand upturn
      278 28 Reuters [PARIS] Leading IT services companies Capgemini and Fujitsu Ltd beat forecasts with quarterly earnings and reported early signs of an upturn in demand, though any recovery would be gradual. Europe's largest computer consultancy Capgemini said that, while evidence of a levelling-off
      – Reuters  -  278 words
    • <what's new>
      • Article, Illustration
        Lock icon Bluetooth headsets from Sony Ericsson
        110 28 SONY Ericsson is walking the talk with two new Bluetooth headsets that offer mobile users the twin benefits of improved comfort and extended talk time. The VH3IO comes with three ear pieces and two removable ear hooks to provide users with the best fit. It
        110 words
      • Article, Illustration
        Lock icon Epson's premium consumer inkjet
        107 28 EPSON has unveiled the Stylus TXSSOW (below), a new top-of-the-line inkjet printer touted to give consumers more bang for their buck. It uses four individual ink cartridges so users will only need to replace the emptied ones instead of changing the entire set. In addition, Epson
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      • Article
        Lock icon Unlimited instant messaging
        105 28 SINGAPORE Telecommunications has joined hands with Microsoft to launch a new service to allow mobile users to chat to their hearts' content on their phones. Called "IM on Mobile", it will allow SingTel's post-paid customers to use Windows Live Messenger on their phones without having to worry
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      • Article, Illustration
        Lock icon New programme for StarHub mobile users
        90 28 STARHUB is adding more drama to the handset screen with a new on-demand Chinese programme. Called A Starry Night, it stars Singapore's Project Superstar alumna Kelly Poon (above) and Taiwanese actor Robert Fan. The show is available for Star Hub's post-paid mobile users. Customers
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    • Article
      Lock icon Turning phones into projectors
      282 28  -  LI DAN WEI By YOUR mobile phone could double as your next conference room projector, and such novel devices could appear as early as next year. The chip to power such pocket-sized projectors is being developed by a unit from the Agency for Science, Technology and
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