The Business Times, 5 August 2009

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

Total Pages: 28
1 28 The Business Times
  • 22 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfll A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA(P) 197/08/2008 Wednesday, August 5,2009
    22 words
  • 759 1  -  EMILYN YAP did CONRAD TAN Move is key to lender's ambitions to become super-regional bank By [SINGAPORE] After months of pursuit, Australia and New Zealand Banking Group (ANZ) has swooped down on some of Royal Bank of Scotland's (RBS)
    BLOOMBERG  -  759 words
  • 1087 1  -  VIKRAM KHANNA With Citi's capital strength restored, CEO Vikram Pandit recounts lessons learned in the crisis By [SINGAPORE] With its capital position strengthened, US financial services giant Citigroup plans to complete its restructuring and then leverage its global franchise to earn its way out
    BLOOMBERG  -  1,087 words
  • 439 1  -  ONG BOON KIAT Disk manufacturing operations to be moved out By [SINGAPORE] Hard disk maker Seagate yesterday said 2,000 staff will be axed as it shuts its Ang Mo Kio factory and shifts its hard disk drive manufacturing operations to
    439 words
  • MARKETS DIGEST
    • 28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 5.00 INDONESIA 16.298 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  -  28 words
    • 47 1 uesi lay lange 1COMP 1,179.88 +8.57 IIKKEI225 10,375.01 +22.54 1ANG SENG 20,796.43 -10.83 ;et index 641.23 -0.20 JAKARTA COM P 2,360.09 +21.29 IANILACOMP 2,886.96 +51.85 ;eoulcomp 1,566.37 +1.39 ;henzhen b 566.63 +5.38 IUMBAI IND 15,830.98 -93.25 12 noon EDT Change )OW 9,296.67 +11.87 IASDAQ 2,008.55 -0.06
      47 words
    • 43 1 IS$ (S$ ier US$) 1.433 (US$/S$ per 1.693 2.427 ;UR0 (US$/S$/E) 1.440 2.064 Foreii in curreno >er US$ S$ 'EN 94.90 66.20 3.492 2.436 IK$ 7.750 5.408 !AHT 33.98 23.71 lUPIAH 9,850 6,873 lENMINBI 6.830 4.766 INDIAN RUPEE 47.57 33.19 1.190 0.830
      43 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 44 1 fL MALAYSIA CORPORATE RESULTS PROPERTY TRANSPORT HUB East coast special Sembcorp Marine A buzz in the office Hondas from l'j^? T ■^T ~H £*0v economic zone launched earnings up 7.6% leasing market Indonesia £Skm SS^SI PAGE 2 PAGE 6 PAGE 4 PAGE 20 Wf^^^lW
      44 words
    • 12 1 How good are your relationship managers? Questions to ask before you invest
      12 words

  • TOP STORIES
    • 625 2  -  PAULINE NG Terengganu-Pahang SEZ may offer perks customised for investors: Najib By in Kuala Lumpur IN a bid to hasten developmental activities in Malaysia's eastern economic corridor, Prime Minister Najib Razak has announced the establishment of a special economic zone (SEZ) stretching from
      AP  -  625 words
    • 391 2 Reuters LATEST US DATA Personal income slide is sharpest since January 2005 [WASHINGTON] US consumer spending rose slightly more than expected in June, a government report showed yesterday, likely pushed up by higher gasoline prices, and incomes saw their biggest drop in four
      Reuters  -  391 words
    • 760 2  -  CONRAD TAN COMMENTARY AND so the banking landscape changes yet again. The deal announced yesterday between Royal Bank of Scotland (RBS) and Australia and New Zealand Banking Group (ANZ) marks the end in Singapore of RBS's ill-fated purchase of ABN Amro two years ago.
      760 words
    • THREE-MINUTE DIGEST
      • 72 2 AFTER months of pursuit, Australia and New Zealand Banking Group has swooped down on some of Royal Bank of Scotland's assets in Singapore and the region for US$55O million. Paying just 1.1 times the assets' net tangible book value or
        72 words
      • 54 2 HARD disk maker Seagate yesterday said 2,000 staff will be axed as it shuts its Ang Mo Kio factory and shifts its hard disk drive manufacturing operations to other countries by end-2010. At present, the company has about 8,000 staff here, a
        54 words
      • 91 2 WITH its capital position strengthened, US financial services giant Citigroup plans to complete its restructuring and then leverage its global franchise to earn its way out of trouble, according to Citi's CEO, Vikram Pandit. In a wide-ranging interview during a recent visit to Singapore,
        91 words
      • 73 2 IN a bid to hasten developmental activities in Malaysia's eastern economic corridor, Prime Minister Najib Razak has announced the establishment of a special economic zone stretching from Kertih in Terengganu to Pekan in Pahang. "For the first time, investors will be offered incentives
        73 words
      • 73 2 Office leasing musical chairs with extra seats THERE'S a buzz in the Singapore office leasing market. Many new leasings are at the expense of space being given up in existing locations as occupiers are drawn to better-value propositions in newer buildings. But some are taking up more space in their
        73 words
      • 56 2 SEMBCORP Marine is keeping an eye out for acquisitions in Brazil, it said at its second-quarter results briefing yesterday. For Q2 ended June 30, SembMarine posted a 7.6 per cent increase in year-on-year net profit to $138 million, up from $128.3 million a
        56 words
      • 54 2 SINGAPORE Technologies Engineering's net profit for the second quarter fell 9.4 per cent to $108.7 million, from $119.9 million a year ago. This was despite an 8.3 per cent rise in turnover to $1.4 billion for the three months ended June 30.
        54 words
      • 68 2 JUST a day after announcing that it had attracted a new strategic stakeholder with strong China connections to invest some $65 million for an 11 per cent stake in the company, listed crane lessor Tat Hong Holdings yesterday announced that it
        68 words
      • 50 2 THE manufacturing sector expanded in July for a third straight month, the Purchasing Managers' Index shows. And in a sign that the job market may be improving, the employment index veered into positive territory after 19 consecutive months of contraction. SINGAPORE NEWS, PAGE 10
        50 words
    • 714 4  - Office leasing scene musical chairs with extra seats KALPANA RASHIWALA Some tenants factor in higher headcount as they move to new locations By [SINGAPORE] There's a buzz in the office leasing market. Many new leasings are at the expense of space being given up in existing locations as occupiers are
      714 words
    • 606 4  -  VIKRAM KHANNA Its retail operations are cutting edge; country seen as part of global strategy By 1 [SINGAPORE] Citigroup's Singapore operations are at the cutting edge and are setting the standard in the area of retail banking for the whole
      606 words
    • 394 4 Bloomberg, Reuters [HONG KONG] Stanley Ho, the Macau gaming tycoon, is recovering after undergoing surgery, his spokeswoman, Janet Wong, said in a faxed statement. The Apple Daily reported yesterday that the 87-year-old billionaire was in intensive care following brain surgery. Hong Kong Adventist Hospital
      Bloomberg, Reuters  -  394 words
    • 460 4 >b Reuters Bank using funds to grab opportunities as Asia recovers [LONDON] Asia-focused bank Standard Chartered unveiled a surprise £1 billion (552.4 billion) fund-rai-sing yesterday as it beat expectations with a record pretax profit for the first six months of this year. Standard Chartered
      >b &—* *—«- »_^ »_^ &_* ■ Reuters  -  460 words
  • Page 2 Advertisements
    • 274 2 SINGAPORE'S ESSfI IT CONSUMER TECHNOLOGY EXHIBITION www.comexshow.com.sg 111 ■•MEWfllE&l SINGAPORE'S BIGGEST IT EXHIBITION OF THE YEAR! STAND TO WIN IST PRIZE OF $20,000 CASH AND OTHER CASH PRIZES! (ONE COUPON TOR EVERY 100 PAID OR DEPOSIT PLACED DURING THE 4 DAYS) 5 820 345,000 Showfloors with 4 metres Leading Manufacturers
      274 words

  • Page 3 Advertisements
    • 394 3 Jm_ YOU W9_nt tO We've made personalised wealth solutions a priority. We all have different priorities. If securing your financial future is your P >^ i^-n-I- priority, we'll introduce you to personalised wealth solutions tailored v )\~j (/C IC' \Z3I t0 your indiviclual neecls. Along with access to investment, treasury
      394 words

  • Page 4 Advertisements
    • 129 4 1 I* I- f S AVO UR THE JOY OF HAVING TIME ON YOUR SIDE. STAY LONGER COMPLIMENTARY J--3rd night ffi Linger a little longer in our freshly refurbished interiors soothing, sleek FOUR SEASONS HOTEL and streamlined with the latest technology. For more information, contact your travel consultant, call the
      129 words

  • Page 5 Advertisements
    • 168 5 A symbol of our Safe. Secure. Uncomplicated Banking in your world. bank and one of the largest companies in Australia and Today, Australia and New Zealand Banking Group Limited New Zealand. (ANZ) is pleased to announce an agreement with As one of only 11 AA* rated banks, ANZ is among
      168 words

  • COMPANY NEWS
    • 508 6  -  NISHA RAMCHANDANI A bright spot is that its bigger docks are well booked thanks to regular customers as well as a focus on LNG carrier repairs. Company says it is looking for acquisition opportunities By SEMBCORP Marine is keeping an eye out for
      FILE PHOTO  -  508 words
    • 598 6  -  TEH SHI NING It expects to achieve higher revenue and pre-tax profit in H2 By SINGAPORE Technologies (ST) Engineering's net profit for the second quarter fell 9.4 per cent to $108.7 million, from $119.9 million a year ago. This was despite an
      598 words
    • 439 6  -  OH BOON PING By GLOBAL hedge fund managers generated near zero returns in June as stock markets eased and commodity prices fell during the month, according to Lipper's latest Insight report on hedge funds. The Credit Suisse/Tremont Broad Hedge Fund index retreated to 0.43 per
      439 words
    • 522 7  -  YEN SREENIVASAN It is paying 69.65 m yuan for 53.8% of leading player Guangzhou Hailin By JUST a day after announcing that it had attracted a new strategic stakeholder with strong China connections to invest some $65 million for about 11
      FILE PHOTO  -  522 words
    • 428 7  -  TEH SHI NING By TUAN Sing Group's sec-ond-quarter net profit fell 63 per cent to $3.5 million from $9.5 million a year ago. Revenue fell 17 per cent to $54.9 million from $66.1 million, due to lower revenue from its property,
      FILE PHOTO  -  428 words
    • 168 7 Bloomberg [SINGAPORE] Asia Pacific Breweries Ltd, maker of Singapore's Tiger Beer, has hired two banks to help it sell at least $50 million bonds, according to a person familiar with the matter. DBS Group Holdings Ltd and Over-sea-Chinese Banking Corp were hired by the brewer
      Bloomberg  -  168 words
    • 595 7  -  JAMIE LEE Fall mainly due to USsl4.3m charge relating to warrants By STRAITS Asia Resources' second-quarter net profit slumped 43.3 per cent despite a rise in sales, due mainly to a US$l4.3 million provision. The coal miner which is now owned by Thailand's
      FILE PHOTO  -  595 words
    • 383 9  -  RACHEL SIM MyHome Fund offers diversification into Spore equities, S$ denominated bonds By POSB, in conjunction with DBS Asset Management, has launched a fund known as MyHome Fund for retail customers to invest in Singapore and its future. The fund is marketed as an
      383 words
    • 362 9 EUCON Holding, which released its second-quarter results yesterday, said that it remains in breach of certain financial covenants on outstanding loans and that its ability to remain as a going concern is uncertain as this still hinges on its ability to rely on
      362 words
    • 347 9 DBS Bank said yesterday that it is taking a four-pronged approach to help customers in Singapore, Hong Kong and China take advantage of new rules allowing the cross-border settlement of trades in yuan, in line with its commitment to be a leading
      347 words
    • 171 9 Six months ended June 2009 Three months ended June 2009 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG CURRENT PREVIOUS CHNG CURRENT I PREVIOUS I (S$m) (S$m) (S$m) (S$m) i I I CHNG 1 SembCorp Marine 258.25 219.59 17.6 2,861.11 2,302.21 24.3 138.05
      171 words
    • COMPANY BRIEFS
      • 113 9 INTERNATIONAL Press Softcom Ltd warned that the group is expected to record a net loss for the first half of 2009 compared with a net profit for the same period last year. One reason was the start-up costs for the opening of its second
        113 words
      • 55 9 IN A profit guidance yesterday, Advanced Integrated Manufacturing Corp said that it expects the company to be in a loss position for the second quarter ended June 30, due to operational losses from discontinued operations. Details will be be released when the company announces its
        55 words
      • 60 9 KEPPEL Corporation has appointed Tong Chong Heong, chief executive officer of Keppel Offshore Marine (Keppel O&M) Ltd, to its board as executive director with effect from Aug 1. Keppel also announced the stepping down of Yeo Wee Kiong from the board. Mr Yeo, a director in
        60 words
  • Page 6 Advertisements
    • 1264 6 V*^L k AT^T^T/^-T' r> Toll free: 1800-289-8822 V IVIII L W Email: notices@sph.com.sg JL Vta>/ JL JL^^ 1' l 3 www.cats.com.sg \j£b\ POPULAR HOLDINGS LIMITED f& (Company Registration No. *****7187 M) I^F^f^^^^l (Incorporated in The Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company
      1,264 words

  • Page 7 Advertisements
    • 341 7 B PHOENIX Make an affordable call \V *^**7^^ N^^y^ 3 china l\ Hong Kong II f\^^" Malaysia N>O«-^^|- fr New Zealand T^PLj2-,rjKL-> B South KoreT X. 1 f/\ s^J Taiwan 1 y^ UK ■^■t U USA \k Ul™3£trafeinM Call 6838 1516 or register online I ■^regstrano www.phoenixcomms.com.sg BwvE NATIONAL DAY
      341 words

  • SINGAPORE MARKETS
    • 663 8  -  OH BOON PING CURRENCIES S$ may continue to strengthen as funds flow into the local bourse: analysts BETTER-than-ex-pected US data helped lift Asian stocks yesterday, while currency units strengthened against the greenback. Early yesterday, some regional stocks hit 11-month highs before profit
      663 words
    • 229 8 Changes since Dec 31,2008 YEAR TO DATE AUG 4'09 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 94.70 4.33 101.45 87.11 SGD 1.4332 0.20 1.5579 1.4303 IDR 9865 -9.08 ***** 9865* THB 33.98 -2.10 36.31 33.94 CNY 6.8302 0.11 6.8560 6.8190 MYR 3.4945 1.27 3.7370 3.2195 CURRENCY
      229 words
    • 103 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 6 5 0 0 0 6 6 5 Manufacturing 50 99 47 18 55 107 65 Commerce 14 34 20 16 43 22 Tpt/Stor/Comms 28 29 Finance 10 14 10 14 Construction
      103 words
    • 114 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 41,695 41,695 88,702 88,702 lanufacturini 544,198 72,614 616,812 309,415 1,793 311,208 Commerce 211,138 22,249 233,387 124,034 14,051 138,085 ■pt/Stor/Comms 269,450 2,842 272,292 426,833 682 427,514 :inance 37,177 37,177 338,552 338,552 Construction 239,589 30,312 269,901 65,069 492 65,560 ■roperties 318,006
      114 words
    • 100 8 lapitaLand 3.750 -0.080 lapitaMall 1.560 -0.020 jtyDev 10.240 -0.060 lomfortDelGrc 1.590 -0.010 Iosco Corp 1.300 -0.020 IBSGrp 13.700 -0.240 :&N 4.070 -0.090 ienting SP 0.815 -0.020 iolden Agri 0.400 -0.015 IK Land 4.100 4-0.010 IMH 30.600 4-0.600 ISH 17.000 4-0.300 lardineC&C 24.780 -0.420 leppel Corp 8.300
      100 words
    • Article, Illustration
      808 8  -  JAMIE LEE Singapore Airlines Aug 4 close: $13.54 CIMB-GK SECURITIES, Aug 4 SINGAPORE Airlines (SIA) hosted a routine post-Ql results analysts' meeting on Monday. Highlights: Two-thirds of the 17.7 per cent decline in passenger yield during Ql came from fare discounting and promotional activities in response to rivals'
      -■J : Bloomberg  -  808 words
    • 574 8  -  R SIVANITHY STOCKS AFTER gaining some 382 points in the four weeks since it closed at 2,299 on July 3, the Straits Times Index yesterday dropped 32.88 points to 2,648.76, perhaps its first significant correction during this period. A reversal in Hong
      574 words
    • 4 8 DAILY
      4 words
    • 58 8 Aug 4 VALUE CLOSE IT OB/OS 869.00-118.0C IT CADI -*****.00-162.0i IT 10-day MA -*****.00+87.01 TSE ST Mid Cap 596.93 -6.2: TSE ST Small Cap 520.20 -8.5, TSE ST All Share 648.00 -7.9: TSE ST China Top 281.59 -4.5. TSE ST China 273.69 -5.0. TSE ST Catalist 1249.35
      58 words
    • 58 8 VOLUME Golden Agri 129,626,000 FrasersComm R 87,727,000 Gentinq SP 84,061,000 ChinaAniH 80,581,000 Cosco Corp 70,534,000 NOL 67,567,000 UniFiber 56,550,000 BanJoo 43,997,000 Goldtron 42,223,000 Capita Land 38,929,000 VALUE(S) Capita Land 149,238,740 DBS Grp 135,592,440 NOL 119,640,920 Sing Tel 99,852,436 Cosco Corp 94,582,000 UOB 91,513,022 Gentinq SP 69,998,125 OCBC
      58 words
    • 104 8 CLOSE UP iBXT Ni 10US$ ***** 293.6 2.1 iBXT FTChina25 10US$ 3076 108.9 2. Teative Tech 697 107.0 18.1 IMH 3060 85.9 2: fxor Emen |Mkts 1 884 50.1 4.1 ISH 1700 43.0 1.: MS India 10US$ 1318 38.7 2.1 ICBC Bk5.1%NCPS 100 9930 30.0 0. ICBCCai 5.1%NCPS 100
      104 words
    • 117 8 CLOSE DOWN 2478 -42.0 -1.7 lardine C&C ;txpo ioo 1390 -40.0 -2.8 UOB 1730 -36.0 -2.0 China H 10US 1578 -27.2 -1.2 DBS Gr| 1370 -24.0 -1.7 DBXT FTVietnam 10US! 4753 -22.9 -0.3 DBXT S&P Short 10US$ 6236 -20.1 -0.2 ilA 1354 -20.0 -1.5 LD 10US$ 9364 -15.8 -0.1
      117 words
    • 85 8 Where S! i$ stands Aug 4 %CHNG CLOSE FRAug3 YR2009 S$ LOW S$ HIGH uss 1.4332 0.19 1.5579 1.4308 Euro 2.0609 -0.51 2.0732 1.9150 Pounds 2.4283 -0.49 2.4283# 2.0356 AS 1.2035 0.15 1.2053 0.9453 Yen* 1.5134 -0.06 1.7278 1.4831 Rupiah* 0.***** -0.17 0.***** 0.***** Baht* 4.2178 0.10 4.3390 4.1040
      85 words

  • Page 9 Advertisements
    • 36 9 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experiences tfH^^l^^^^^^M, ofsomeofthemost influential thir corporate chiefs and social activists of the age /ifrv f/m W.<S\ x \v,%. Raffles Conversations AcollectionfromThe Business Times Availableatallleadingbookstores
      36 words
    • 613 9 central PRIME OFFICE SPACE FOR LEASE Above Clarke Quay MRT Station Panoramic views of the Singapore River and Marina Bay IR Unit sizes range from 646 sq ft to 13,337 sq ft Fully fitted offices available Immediate occupation For leasing enquiries, please call: ftOIKOAIQ i. *"D Far East Organization V^OV^tTiJO
      613 words

  • SINGAPORE NEWS
    • 317 10  -  JAMIE LEE July employment index also rises, by 2.1 points to 50.2 By THE manufacturing sector expanded in July for a third straight month, the Purchasing Managers' Index (PMI) shows. And in a sign that the job market may be improving, the employment index
      317 words
    • 624 10  -  LEE U-WEN Expectation gap between men and women must be closed to bear fruit By GENEROUS baby bonuses and measures to boost parenthood aside, the government alone cannot tackle the problem of Singapore's dismal fertility rate. And Prime Minister Lee Hsien Loong
      ALPHONSUS CHERN/THE STRAITS TIMES  -  624 words
    • 492 10  -  JUSTIN CHAN By CONSUMERS who are uncertain about their credit profiles and how it may affect their prospects of getting loans from banks can now get an instant snapshot of their credit profile and viability, thanks to a link-up between DP Credit Bureau and Experian.
      492 words
    • 402 10  -  LI DAN WEI By THE People's Association (PA) and Resorts World at Sentosa (RWS) yesterday announced a partnership through which RWS can reach out directly to Singaporeans through the PA's grassroots network. A memorandum of understanding (MOU) was signed by PA chief executive director
      402 words
    • 176 10 New man at the helm for Raffles Hotels Resorts RAFFLES Hotels Resorts said yesterday John Johnston will become company president on Aug 10. Mr Johnston, who has been with Fairmont Raffles Hotels International since 1998, takes over from Diana Ec-Tan, who stepped down earlier this year. Raffles Hotels Resorts is
      176 words
  • Page 10 Advertisements
    • 1761 10 w A MAIS ASIASONS CAPITAL LIMITED (Company Registration No. *****6459N) NOTICE OF EXPIRY OF WARRANTS TO: ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN ASIASONS CAPITAL LIMrTED (the "Company") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in doubt as to the action you
      1,761 words

  • ECONOMY WATCH
    • 621 11 -AP Social Security tax receipts could drop for only the second time since 1940 [WASHINGTON] The recession is starving the US government of tax revenue, just as the president and Congress are piling a major expansion of healthcare and other programmes. The
      -AP  -  621 words
    • 439 11 Bloomberg [WASHINGTON] President Barack Obama stands by his campaign vow not to raise taxes on middle-in-come Americans to deal with rising budget deficits or pay for an overhaul of the US health-care system, his spokesman said. "The president was clear during the campaign about
      – Bloomberg; REUTERS  -  439 words
    • 519 11 Bloomberg [SAN FRANCISCO] US banks may need to boost reserves for potential losses on home-equity loans under guidance issued by the Federal Deposit Insurance Corp as property prices slump from their peak in 2006. The regulator, in a letter on Monday to
      Bloomberg  -  519 words
    • 328 11 Reuters [TOKYO] Japanese publicly placed investment trust funds saw a net inflow for the first time in a year last month due to heavy investment in foreign bond funds and growing confidence in the global economy, data showed yesterday. Japanese retail investors' personal
      Reuters  -  328 words
    • 464 11 Reuters [NEW YORK] US Treasury Secretary Timothy Geithner blasted top US regulators in an expletive-laden tirade amid frustration over President Barack Obama's faltering plan to overhaul financial regulation, the Wall Street Journal said on Monday, citing people familiar with the meeting. Mr Geithner
      – Reuters; AFP  -  464 words
  • Page 11 Advertisements

  • MALAYSIA/INDONESIA
    • 495 12 Reuters The government is forecasting a budget deficit of 7.6% of GDP this year [KUALA LUMPUR] Malaysia is planning to cut operating expenditure to reflect what it expects to be lower revenues as it readies for its 2010 budget, due in October, a
      Reuters; BLOOMBERG  -  495 words
    • 282 12 Reuters [KUALA LUMPUR] South-east Asia's largest budget carrier, Air Asia, has seen strong demand for its share issue worth US$l72 million, which it will use to reduce its debt, chief executive officer Tony Fernandes said yesterday. The airline plans to place up to 481.1
      – Reuters  -  282 words
    • 288 12 Reuters [JAKARTA] The Indonesian unit of Citigroup is interested in possible acquisitions in Indonesia's bank sector, country officer Shariq Mukhtar told Reuters in an interview yesterday. Mr Mukhtar said Citibank in Indonesia would look at opportunities to acquire banks provided these were offered at
      Reuters  -  288 words
  • Page 12 Advertisements
    • 201 12 ISjJw^ wS SB HI Dine and Unwind at Brunch 8 Enjoy all-day breakfast, light meals and nibbles amidst an alfresco setting by the pool. On Fridays and Saturdays, experience P all-you-can-eat barbecue dinner complemented with unlimited wine, beer and soft drinks. Sundays, lUam to 11pm All-You-Can-Eat Barbecue Dinner >;ya Children
      201 words

  • GREATER CHINA/INDIA
    • 617 13 Reuters It needs raw materials to fuel infrastructure construction [LONDON] China, bruised by the collapse of a proposal to buy a Rio Tinto stake, could confine itself to project-level deals with miners to feed its hunger for metals and shun
      – Reuters  -  617 words
    • 197 13 -AFP [BEIJING] Prostitutes are considered more trustworthy in China than government officials and scientists, a recent survey of more than 3,000 respondents showed. The online survey of 3,376 Chinese showed that 7.9 per cent of respondents considered sex workers trustworthy, putting them in third
      -AFP  -  197 words
    • 381 13 -AFP [BEIJING] China yesterday warned of a "grave" situation in the jobs market with millions of graduates and migrant workers yet to find work as companies continue to struggle with the effects of the global slump. The comments come as Beijing struggles to keep
      -AFP; AP  -  381 words
    • 570 13 Bloomberg Adani's power producer raised 30b rupees in a sale [MUMBAI] Indian power producers may accelerate plans to sell shares after Adani Power Ltd raised funds in the world's biggest offering by an energy company this year, said Girish Solanki, an analyst at
      Bloomberg  -  570 words
  • Page 13 Advertisements
    • 107 13 Lv a v k j| Wmf ijo^ SWISSOteI NAI LERT PARK Lucky Draw: Stand to win a weekend stay in Swissotel Nai Lert Park, Bangkok! jgTTPlgSgSj^ljl HI y Bangkok BPJ^^^g^^yeßHlM |.to W; 4 nail ji.-mJ.mTjjjliimil mub r>- -M J in the heart of Orchard Road JJ Wondering where the best
      107 words

  • ASIA-PACIFIC/WORLD
    • 522 14 Reuters Deal struck with US govt to settle their tax dispute may help reverse outflows [ZURICH] Swiss bank ÜBS posted another big loss in the second quarter as wealthy clients were scared off by a US tax row, but said that it hoped to
      Reuters  -  522 words
    • 600 14 Reuters [ATLANTA] MGM Mirage sees its Macau joint venture as a growth driver and is unlikely to sell its stake in that business, the chairman and chief executive of the casino operator said on Monday. But Jim Murren added the company could consider
      Reuters  -  600 words
    • 540 14 AP [MELBOURNE] Australian police have thwarted a terrorist plot in which extremists with ties to an Al-Qae-da-linked Somali group planned to invade a military base and open fire with automatic weapons until they were shot dead themselves. Some 400 officers from state and national security
      AP; REUTERS  -  540 words
    • 266 14 i Reuters [SEOUL] Former US president Bill Clinton made a surprise visit to North Korea yesterday to try to win the release of two jailed American journalists, a move that some analysts said could mark the isolated state's return to talks
      i – Reuters  -  266 words
    • 429 14 AP [ATLANTIC CITY] Real estate mogul Donald Trump, his daughter Ivanka and Dallas-based Beal Bank have successfully fought off competition from bondholders in bankruptcy court to purchase the Atlantic City casino company he once ran and that has always borne his
      AP  -  429 words
  • Page 14 Advertisements
    • 105 14 BSSEiiPiI liiSlK tfi^ PULSES OUT NOW The August issue is hot off the press. Top story: How do Temasek-linked companies fare? Also, find out what Star Hub CEO Terry Clontz said in his last media interview before the announcement of his retirement. PLUS, take a hike up Dempsey Hill and
      105 words

  • WORLD
    • 802 15 NYT It will pay USs33m without admitting or denying allegations over bonus payouts [NEW YORK] It was a watershed moment of the financial crisis a payday that sparked a state investigation and an outcry in Congress. And, for Kenneth Lewis, who runs Bank
      NYT  -  802 words
    • 605 15 LAT-WP [WASHINGTON] US car sales rose to their highest levels of the year in July as consumers rushed to trade in older vehicles under a government incentive programme that has become so popular it is in danger of running out of money. Carmakers issued
      LAT-WP; AFP  -  605 words
    • 440 15 Reuters [NEW YORK] American International Group (AIG) has tapped former Met Life chief Robert Benmosche to be its new chief executive officer, effective next Monday. Mr Benmosche, 65, succeeds Edward Liddy, who is retiring as CEO and chairman on Aug 10 after 11
      Reuters  -  440 words
    • 606 15 Bloomberg [NEW YORK] Google's chief executive officer Eric Schmidt's resignation as a director of Apple shows that antitrust regulators may be gaining sway in Silicon Valley, threatening the way companies hire staff and run their boards. Mr Schmidt stepped
      Bloomberg; AP  -  606 words
  • Page 15 Advertisements

  • EDITORIAL & OPINION
    • 485 16 SOMETIMES, a willingness on the part of a company to voluntarily take a loss can be a savvy business decision. Such would appear to be the case with the insurer Great Eastern Life's surprise move, announced last week, to fully redeem some $594
      485 words
    • 925 16  -  RICH LECHNER By 2025, they will be the single largest energy consumers and greenhouse gas emitters By BUILDINGS have always been much more than roofs over our heads. Over the last century, as towers of steel reached higher into the sky and
      IBIS  -  925 words
    • 794 16  -  ROBERT SAMUELSON THE BOTTOM LINE CALIFORNIA'S budget debacle holds a lesson for America, but one we will probably ignore. It's easy to attribute the state's protracted budget stalemate, now temporarily resolved with about US$26 billion of spending cuts and accounting
      794 words
    • 1447 17  -  DAVID PIERSON and ALEX PHAM LAT-WP Factory worker's death highlights pressure on staff and puts scrutiny on Apple's obsession with control over its products By SUN Danyong was the mild-mannered son of a potato-farming family in an impoverished corner of south central China. When
      – LAT-WP; AFP  -  1,447 words
    • 938 17  -  MATTHEW LYNN IN THE past 18 months, just about every investment bubble in the world has burst. Property has collapsed, equities have plummeted, commodities have crashed, and even fine art isn't fetching the same fancy prices. But one bubble refuses to burst: banking bonuses.
      AP  -  938 words


  • TransportHUB
    • 582 18 Spore provides fertile ground on which global firms in the industry can flourish THE American writer John M Richardson Junior said: "When it comes to the future, there are three kinds of people those who let it happen, those who make it
      BLOOMBERG  -  582 words
    • 446 18 [KUALA LUMPUR] Terminal operator Penang Port Sdn Bhd (PPSB) can finally move forward with plans to privatise and float its shares on Bursa Malaysia as it looks set to hive off its loss-making ferry opera- tion to state infrastructure company Syarikat Prasarana
      446 words
    • TRANSPORT STOCKS
      • 124 18 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava 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 0.52 0.27 1.30 064 1
        124 words
      • 44 18 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1 03 8 80 8 85 3 22 2 89 0 02 0 09 0.01 unch 0.06 unch 0.06 -0.01 unch 11: 30 82! 42: 51 191!
        44 words
      • 12 18 '00 ■recious Ship Jegional Cont 16.40 9.75 unch -0.10 2471 92!
        12 words
      • 11 18 '000 Doil iingamas Cont 47.10 1.48 1.70 304< 0.03 *****!
        11 words
      • 21 18 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.00 20.00 unch unch unch 1.25 unch unch 104! 76i: 1
        21 words
      • 21 18 Evergreen Marine ....21.25 :irststeamship 46.40 ManHai Lines 18.15 fang Ming Marine ..13.50 1.35 -0.80 0.30 0.35 41 3 14 58
        21 words
      • 41 18 '000 (awasaki Hvv Ind ..242.00 1.00 ***** (awasaki Kisen 375.00 21.00 1432! vlitsubishi Hvy 371.00 -4.00 1835: vlitsui Eng&Sbldg ..232.00 -6.00 664( vlitsui Osk Lines 597.00 8.00 ***** Nippon Express 411.00 -1.00 554! JipponYusen 418.00 18.00 1269: 'iource: Thomson Reuters
        41 words
    • 291 18 Bloomberg [SHANGHAI] China, the world's biggest iron ore buyer, said its major ports handled 35 per cent more of the steelmaking ingredient last month from a year ago. Ships unloaded 56.5 million metric tonnes of iron ore in July at
      Bloomberg  -  291 words
    • 1055 18  -  I DAVID HUGHES STRAIT TALK Shipping's peripheral role in global CO2 emissions will be played up at the climate control talks By NOW is the traditional quiet period for shipping, and particularly for shipping industry bodies; indeed, many people are taking their holidays now. But this
      1,055 words
    • 387 18 ■AP [BERLIN] Somali pirates have released a German freighter after a ransom was paid, nearly four months after the ship was seized in the Indian Ocean, according to a European Union (EU) naval spokesman. British Royal Navy Cmdr John Harbour said on Monday that the
      ■AP  -  387 words

  • TRANSPORT HUB: AVIATION
    • 623 19  -  YEN SREENIVASAN Results are dismal as most carriers show losses during the April-June quarter By [SINGAPORE] Global airline share prices edged up about 4 per cent in July from the previous month. But this was due to a general rise in equity markets, which
      AFP  -  623 words
    • 347 19 -NYT [ATLANTA] While Delta has grown into the largest airline in the world through its merger with Northwest, its presence at one of its longtime hubs has been rapidly shrinking. Delta's Cincinnati hub is less than half the size it was four years ago,
      -NYT  -  347 words
    • 270 19 ■AP [BANGKOK] A plane skidded off the runway and crashed into an air traffic control tower after landing on the Thai resort island of Samui yesterday, killing the pilot and injuring 34 people on board, an official said. The co-pilot and
      ■AP  -  270 words
    • 293 19 Bloomberg Sites in the running include Everett Charleston, 2 others [SEATTLE] Boeing Co, the world's second-largest com-mercial-plane maker, may decide this year where to build a second production line for the 787 Dreamliner to eventually speed up deliveries of the delayed plane.
      – Bloomberg  -  293 words
    • 162 19 [SINGAPORE] Budget carrier Tiger Airways will add another flight to Bangalore from Oct 25, boosting its service to India's third most populous city from four to five times a week. Flight TR652 will leave Singapore at 21:15 hours on Saturdays and arrive in
      162 words
    • 2701 19 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:
      2,701 words
  • Page 19 Miscellaneous
    • 213 19 CRYPTIC CROSSWORD 26 Form for Year 2 not up to the highest standard (6,5) 7 Prisoner given a time in holy 23 Architect upsetting some building to think seriously planner wilfully (4) car with corro- g !V m suffering time de ay YESTERDAY'S SOLUT.ON sion showing up (7) suffering time
      213 words

  • TRANSPORT HUB: LAND
    • 431 20  -  SAMUEL EE Distributor Kah Motor to launch compact 7-seat MPV this weekend By [SINGAPORE] The first In-donesian-built Honda will be launched in Singapore this weekend by authorised distributor Kah Motor. The Freed is a compact se-ven-seat MPV, and the cars headed here will be produced
      431 words
    • 105 20 Bloomberg [LOS ANGELES] Porsche SE, the maker of the 911 sports car, said US sales in July dropped 52 per cent to 1,544 units as demand for all of its models dropped. This year's July sales compares with last year's 3,128 vehicles, the
      ■ Bloomberg  -  105 words
    • 348 20 -AP [BERLIN] Luxury carmaker BMW AG said yesterday that its second-quarter profit skidded 76 per cent lower as consumers put off buying its pricey vehicles. It said a "lasting" economic recovery was not yet in sight. The Munich-based company earned 121 million euro (Ss2so million)
      -AP  -  348 words
    • 625 20  -  SAMUEL EE The Lexus ***** C is targeted at people with young families By [SINGAPORE] The new Lexus ***** C may be a premium convertible but its chief engineer was thinking about children not well-heeled adults when he was designing the car. "The initial
      625 words
    • 308 20 AP [WASHINGTON] The neighbourhood US post office is facing major changes as postal officials consider closings or consolidating services at hundreds of locations across the United States. The Postal Service has been struggling with a sharp decline in mail volume as people and businesses
      AP  -  308 words
    • 557 20 Reuters [TOKYO] Toyota Motor Corp is relying on deeper cost cuts and a govern-ment-backed sales boost as it forecasts a slightly shallower annual loss, underscoring doubts over a sustainable recovery in demand. Toyota, the world's biggest automaker, slipped to its third quarterly loss in a
      Reuters; REUTERS  -  557 words
  • Page 20 Advertisements
    • 26 20 fi*T©V~ Lianhe Zaobao [Chongqing "Silicon I Valley" I in west China I with IT revenue I exceeding 300b yuan I in 2012 ■friliWSS" 2012^1TJ feN[k§itfCti 3000fcAKiTJ
      26 words

  • SINGAPORE STOCKS
    • 8925 21 Transaction date: Aug 4 High Low Code Company Sale COOP) High Low Buyer Seller C'vr P/E $mil 12 3 3148 8Telecom 8 2.5 5834 A-Sonic 24.5 12 5000 ABR Hldgs 13 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 76.5 26.5 5550 ARA 7
      8,925 words
    • 1685 22 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 19 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus >3.5 8.5
      1,685 words
    • 406 22 _Hm Low Code Conn Sale COM) _Hm Seller C'vr P/E jSj 110 100 6389 ABFSG Bond ETF 110 847 427 CIMBAsean40 100US$ US747 +8 273 149 DBS STI ETF 100 268 -2 3903 3534 DBXT DJE5O 10US$ US3903 DBXTDJE50Sh 10US$ US3076 1682 DBXT FTChina25 10US$ US3076 +76 5268
      406 words
    • 263 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      263 words
    • 9340 22 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.979/ AIGIF Spore Bond Fund/A 1.305/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.05/ APS Alpha Fund (USD)!** 0.73/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5136/ APS Komaba Global
      9,340 words
  • Page 21 Advertisements


  • FINANCE & COMMODITIES
    • 367 23 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Au; World Index Preliminary 758.4 1.0 11.9 1.1 14.9 1.7 15.! EAFE Preliminai 726.3 1.1 11.9 1.8 17.4 2.5 18.1 Euroi Prelim inan 1003.9 1.4
      367 words
    • 192 23 Aug 4 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) iepO9 197.5 3d 09 196.0 MOV09 196.0 Dec 09 198.5 Ian 10 198.5 =eb 10 197.5 195.5 195.0 195.0 196.0 197.5 195.5 195.0 195.0 196.0 196.0 136 20 20
      192 words
    • 464 23 Aug 4 AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.899 5.740 0.584 6.513 39.975 82.774 0.798 10.264 2.934 1.262 69.976 40.169 1.204 6.573 0.892 27.452 28.551 0.496 0.840 Canada 1.112 6.385 0.649 7.245 44.470
      464 words
    • 122 23 As at 9am Aug 4 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1980 1.2330 .an dollar 1.3350 1.3510 luro 2.0520 2.0740 IZ dollar 0.9500 0.9700 iterlini ind 2.4130 2.4400 JS dollar 1.4250 1.4410 .ocal dollars to 100 units if foreign
      122 words
    • 155 23 Aug 4 Xierniqht -month -months l-months Overnight mode: 1/2 JS$ 3/8 7/16 9/16 11/16 Offer 1/4 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.39 0.50 0.60 0.95 1.50 1.60 Offer 0.25 0.29 0.30 0 40 0.65 1.00
      155 words
    • 89 23 Aug 4 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****E 05.11.09 -Year BY*****W 03.05.10 0.29 0.35 0.25 0.25 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year
      89 words
    • 69 23 Aug 4 mth 0.***** 0.***** mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 3.***** 12 yrs 3.***** 15 yrs 3.***** mths
      69 words
    • 171 23 Aug 4 GOLD (USS/oz) Aug 04 Aug 03 GOLD BULLION COINS Hong Kong London 952.00 952.60 953.00 953.60 Aug 03 Jul 31 960.55 940.45 961.35 941.25 Source: Thomson Reuters (S$) Selling Buying 1 oz 1531.17 1383 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $537.14 440 SILVER Selling
      171 words
    • 102 23 Aug 3 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1173.50 1134.00 1190.50 1140.50 Sep 09 1088.50 1044.00 1103.75 1058.25 Nov09 1030.50 982.00 1042.50 996.50 Jan 10 1032.75 984.50 1044.00 991.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 09 37.54 35.06 37.50 35.42 Sep
      102 words
    • 75 23 CRUDE OIL PRODUCTS Aug 3 origin! t/barrel Close Cham irent blend (1-Mth F) 73.37 2.9. WTI (Near Mth) 71.37 2.0I iubai (1-Mth F) 71.63 3.5I "apis blend 78.05 4.0I i/linas 74.00 3.5I >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 58.17 77.80 3.4! 2.2: US$/barrel )pec Oil Basket Price
      75 words
    • 149 23 Aug 4 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2034 1.2053 0.8401 0.8406 Canadian dollar 1.3387 1.3408 0.9346 0.9351 luro 2.0625 2.0650 1.4399 1.4402 IZ dollar 0.9537 0.9553 0.6658 0.6663 Sterlinc 2.4252 2.4279 1.6931 1.6933 IS dollar 1.4324 1.4338 >$IUS$
      149 words
    • 63 23 Aua 3 minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1945.00 months 1970.00 1867.01 1890.01 Copper, Grade A (US$/tonne) months 6000.50 6000.00 5719.51 5719.01 .ead (US$/tonne) iash months 1930.75 1950.00 1859.01 1879.01 lickel (US$/tonne) ]ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01
      63 words
    • 73 23 Aug 3 COCOA (Btonne) Close Prev Hii ih/Low SepO9 1811 1810 1821/177; Dec 09 1837 1835 1847/180; Mar 10 1837 1838 1850/180< May 10 1829 1831 1825/1801 COFFEE (US$/tonne) Close Pev High/Low SepO9 1515 1504 1520/150: Nov09 1538 1525 1544/152' Jan 10 1550 1535 1556/153. SUGAR (US tonne) White
      73 words
    • 26 23 Aug 4 STI Aui 2660 2660 2623 IIMSCI Aui 321.6 323.1 315.6 "aiwan Aui 253.7 257.5 250.5 Source: MF Global (S) He. Ltd
      26 words
    • 21 23 Aug 4 Bid Offer -month 1.4326 1.4341 !-months 1.4327 1.4342 i-months 1.4328 1.4343 >-months 1.4330 1.4346 Source: OCBC
      21 words
    • 58 23 Aug 4 Delivery Month Opening Range Sett Av Price Price Hi Low Vol Open Done Position AugO9 2370 2360 2390 2370 546 832 SepO9 2350 2321 2365 2310 1970 ***** Oct09 2339 2304 2345 2288 ***** ***** Nov09 2314 2299 2340 2285 2917 ***** Total o/p: ***** contracts
      58 words
    • 278 23 Aug 4 URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.5200 99.2800 98.9600 98.5300 6027 3683 4189 3236 EUROYEN TIBOR FUTURES >epO9 99.485 99.490 DecO9 VlariO un10 >ep10 3ec10 \/lar11 un11 99.480 99.480 99.485 99.480 99.445 99.390 99.345 99.260 99.200 279 13 1 ***** 3570 2581 1438 421 420
      278 words
    • 2234 23 BONDS, WARRANTS EXTENDED SETTLEMENT rel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 4.5 >036AdvanceSCTLtdW*****9 0.5 1 15 5 4.11 1 87 1491 11.00 57 12 5092 Asia Environment W*****4 0.5 1 38 71 45.00 0 S816#Asiasons Capital Ltd
      2,234 words

  • Page 24 Advertisements
    • 2860 24 m The Business Times Shipping Times m\\ WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M L~l 4TIPVSP PI K» WTlTrrnTlffllTirF \T\m\iAIAM UAI lIMCC "L *****588 (14 LINES) FAX:*****163 1»i II M V 111 —J I I HSBunn^iSlß^nßNwßmiW HI'PnHIWWIKvTHPN'IPPiI I WAN n/\l INtj PKLIEL: (03| *****888 FAX: (03| *****288 PEN UL:
      2,860 words

  • Page 25 Advertisements
    • 3415 25 r^VHBHH9i^B9iHI In c eastern car liner, ltd inn itbtft^ i |»^i |jf—~L_l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I WEEKLY EXPRESS SAILING SCHEDULE I BFiiTFwrmn^^M 1 1 1 1 1 i 1 1 1 r^^^^^^fTSpHLSERVICE^ AMX SERVICE C.nne<ting ECL SERVICE via MALTA l|MMliftMBM VOT .jomMKjj, l"i"_#T) MNL Ji_
      3,415 words

  • executive Money
    • 967 26 Client trust and confidence waning as over half say they count on themselves for financial advice now. Client attrition is another fallout, reports GENEVIEVE CUA A GLOBAL survey has found that only one-fifth of chief executives of wealth management firms believe that their relationship
      Asia-Pacific Private Banking Survey 2009, PricewaterhouseCoopers LLP  -  967 words
    • 906 26  -  PAUL SULLIVAN NYT Transparency is now more important to investors than brand By [NEW YORK] After all the turmoil in the markets, after Bernard Madoff and a bunch of other financial scandals, investors may well be questioning whether they've chosen the right financial adviser. It may
      NYT; AFP  -  906 words
    • 724 26  -  PAUL LIM NYT By [NEW YORK] The stock market rally that began in March, only to stall in May, appears to be back on track. But upon closer examination, investors will find that the current surge in stock prices, which pushed the
      NYT  -  724 words
    • 1051 27  -  STEPHEN DAVIES It needn't be confusing or intimidating if you defer any decisions until you are completely comfortable with the answers ANY individuals regard "investment" as confusing and intimidating. But it need not be if you ask the right questions and are patient enough
      1,051 words
    • 684 27  -  TOM PETRUNO LAT-WP They are low rates, new opportunities and diversification By [LOS ANGELES] The evidence keeps piling up that the US economy has reached bottom and that a recovery of some sort is in the cards for the second half of
      LAT-WP  -  684 words
  • Page 26 Advertisements

  • Page 27 Advertisements
    • 338 27 W it! As a busy trader, you'll need instant access to real-time information and streaming prices* wherever you are. The browser-based SaxoWebTrader allows access to any web-enabled computer, laptop or PDA without the need to install or download additional software. SaxoWebTrader is built on the multi-access, award-winning /^;L^LK^sgg^^^^A^^g=\ platform SaxoTrader.
      338 words

  • Page 28 Advertisements
    • 257 28 NOT ALL ETFs ARE CREATED EQUA Discover why /Shares are different V V /4n important part of selecting the right ETF for your exposure particularly Important in volatile markets, investing needs is understanding the differences that client service: Over 70CT dedicated iShares professionals exist between competing products. Several features support
      257 words