The Business Times, 9 October 2009

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Microfilm: NL30172
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Friday, October 9,2009
    20 words
  • Article
    Lock icon Fatter year ahead after blip in govt land sales
    724 1  -  UMA SHANKARI TEH SHI NING Analysts expect higher sales proceeds for current financial year as activity in property market picks up By and [SINGAPORE] The government collected $7.3 billion from sales of state land in the year ended March 2009, $5.1
    724 words
  • Article, Illustration
    Lock icon One ad, but 500 apply for private bank job
    606 1  -  SIOW LI SEN RBS Coutts Asia chief surprised by volatility in private banking market By [SINGAPORE] With confidence returning to the financial markets, the private banking industry is recruiting with a vengeance. The high turnover though is not a good thing
    YEN MENG JIIN  -  606 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 lursi lay lange 1 COMP 1,230.09 +11.48 IIKKEI225 9,832.47 +32.87 IANG SENG 21,492.9 +251.31 ;et index 744.03 +2.11 JAKARTA COMP 2,484.51 -Zo.OO 1ANILA COMP 2,968.02 +0.96 ;eoulcomp 1,615.46 +17.46 ;henzhenb Closed IUMBAI IND 16,843.54 +36.88 12 noon EDT Change )OW 9,818.23 +92.65 IASDAQ 2,135.17 +24.84
      46 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.146 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      42 1 IS$ (S$ per US$) 1.393 (US$/S$ per 1.606 2.237 :URO (US$/S$/E) 1.478 2.058 Foreign currency per US$ S$ 'EN 88.30 63.40 3.388 2.432 IK$ 7.750 5.564 !AHT 33.32 23.92 lUPIAH 9,390 6,741 lENMINBI 6.827 4.901 INDIAN RUPEE 46.38 33.30 1.106 0.794
      42 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      89 1 ECONOMY ASIAN RECORD DEFAMATION SUIT BOOKS ||B f HBH ECB cautious about Rare blue diamond fj Peter Lim wins in Financial thrillers S^gjMb^EKM speedy recovery fetches HKs43.Bm r Court of Appeal a risky bet PAGE 16 PAGE 15 W. PAGE 2 PAGE 32 sj -JM l^iiSiii The auction season is
      89 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Peter Lim wins libel suit on appeal
      686 2  -  JOYCE HOOI Defendants in case linked to Raffles Town Club fiasco to pay damages, costs By [SINGAPORE] Former remisier Peter Lim has emerged victorious in the Singapore Court of Appeal in his defamation suit against Lin Jian Wei and Margaret Tung in a
      FILE PHOTO  -  686 words
    • Article, Illustration
      Lock icon Swiss banks assure wealthy clients against trawling
      437 2 AFP [SINGAPORE] Swiss banks will oppose "indiscriminate" probes of bank accounts in the hunt for tax cheats even after agreeing to new rules on more transparency, an industry leader said here Thursday. Urs Roth, chief executive of the Swiss Bankers Association, sought to
      AFP  -  437 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Fatter year ahead after blip in govt land sales
        63 2 THE government collected $7.3 billion from sales of state land in the year ended March 2009, $5.1 billion lower than the record $12.4 billion raked in the year before. Analysts expect to see higher sales proceeds for the current financial year
        63 words
      • Article
        Lock icon Just one ad, but 500 apply for private bank job
        61 2 WITH confidence returning to the financial markets, the private banking industry is recruiting with a vengeance. When RBS Coutts Asia advertised here two Saturdays ago, some 500 applications poured in three days later. The bank ran a similar advertisement in
        61 words
      • Article
        Lock icon Peter Lim wins libel suit on appeal
        80 2 FORMER remisier Peter Lim has emerged victorious in the Singapore Court of Appeal in his defamation suit against Lin Jian Wei and Margaret Tung in a case stemming from the Raffles Town Club fiasco. As part of the ruling, Mr Lim was awarded
        80 words
      • Article
        Lock icon S'pore clinches $80m pacemaker plant
        58 2 LIFTED by the availability of skilled workers, Singapore has trumped a host of other countries to draw an $80 million investment in a heart pacemaker factory. The investment will be made by Medtronic Inc, which yesterday officially opened its Asian and international headquarters at a
        58 words
      • Article
        Lock icon Harry's to open boutique hotel
        58 2 SINGAPORE'S largest bar chain operator Harry's Holding will open a boutique hotel in Ann Siang Road. The new venture marks the entry of the company into the hotel business. Harry's, which is listed on the Phillip Securities OTC Capital market, will convert a row of
        58 words
      • Article
        Lock icon Strong debut for Goodland, Ziwo
        71 2 TWO new listings Goodland Group and Ziwo Holdings debuted strongly on the local stock market yesterday. Boutique property developer Goodland Group opened trading on Catalist at 28 cents, exceeding its offer price of 20 cents. Fabric and foam material producer Ziwo Holdings opened at 30
        71 words
      • Article
        Lock icon Top warehouse rents here slide to 14th rung
        69 2 IT'S now cheaper to rent some warehouses here than in other major cities, according to a Colliers International study. The property consultancy found Singapore is ranked 14th worldwide for prime warehouse rents. Prime warehouses here offering space of 20,000 sq ft or
        69 words
      • Article
        Lock icon US probes Chinese steel pipes, risks widening trade spat
        68 2 THE US launched a probe on Wednesday to consider slapping almost 100 per cent tariffs on imported steel pipes from China in a move that could widen a trade spat between the two key powers. Washington has decided to "initiate anti-dumping
        68 words
    • Article
      Lock icon Australia's big obs surge iiels rate fever
      608 2 Reuters Sept employment jumps 40,600, eclipsing forecasts [SYDNEY] Australian employment surged past all expectations in September and the jobless rate dropped in what might be a surprisingly early turning point, adding to the case for more interest rate rises this year. The Australian
      – Reuters  -  608 words
    • Article
      Lock icon European TV news channels bump up against Internet
      401 4 ■AFP [CANNES] The rising popularity of the Internet as a source of news, along with cuts in advertising, threaten Europe's burgeoning TV news channels, industry sources said at the annual MIPCOM trade fair this week. Thanks to the digitisation of cable and
      ■AFP  -  401 words
    • Article, Illustration
      Lock icon S'pore clinches $80m pacemaker plant
      509 4  -  CHEN HUIFEN Medtronic factory to hire more than 100 staff over the next two years By [SINGAPORE] Lifted by the availability of skilled workers, Singapore has trumped a host of other countries to draw an $80 million investment in a heart pacemaker factory. The investment
      LIANHE ZAOBAO  -  509 words
    • Article
      Lock icon Equity firms eye investments in natural resources
      681 4  -  OH BOON PING Indonesia's palm oil, energy sectors in focus as prices surge By [SINGAPORE] It seems like the run-up in energy and resource prices has not only stirred up the interest of traders but attracted the attention of private equity (PE) firms
      681 words
  • Page 2 Advertisements
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      174 2 (1^ BfUlDJljllu^ rl^ff tf^XJ I custom-engineered with the finest MODERN AND I J [33 cJsgjj"*|C.jpjl H H^bli cor-por-ents, then acoustically'voiced' IWWHIII nllw I pjK MJ^^iftn. fjj I j to perfection by certified high-end .AH il I IS www.ongradio.com SB> L I fcWfcHIH^I vftLb £W»r The Centerpoint The Adelphi SALE' ••i^^*^^^^^
      174 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      133 3 For more information please visit www.porsche.com.sg We have absolutely no experience in building big, heavy sedans. Fortunately. The new Panamera has arrived. A sportscar. With 4 doors and 4 seats. With the comfort of a sedan. And technology designed to reduce fuel consumption, eg. with Direct Fuel Injection (DFI) and
      133 words
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      Lock icon Page 4 Advertisements Column 1
      91 4 T> f^\D r^RT TTM TP ASIAN CONTEMPORARY AND MODERN ART D V_y IVVy D L/ L' L/ IV FINE WINE AUCTION ftfinttSffifttiSft Auction samftsmftSffi «fflttfflttll Preview HM no October 2009, 10am Bpm Auction Jfilt n October 2009 Starting at 10.30 am Venue itfeSi GRAND COPTHORNE WATERFRONT HOTEL, SINGAPORE Affandi Le
      91 words
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      Lock icon Page 4 Advertisements Column 2
      157 4 _J Our group started with the popular Jack's Place I /\i DGDDGrQinG Steakhouselnl 966. We then evolved to include more KJI dining concepts. In each of our 4 dining concepts, our customers recognised our ability to add zing to the dining affair-just like a dash of pepper can do to
      157 words
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      194 5 mi r n mm The art of loft living ■■^1 Ik IK' i Ik:-. I n When living zones are redefined... V Mb, Ik I i^^j^jl A prime Investment opportunity Hn Hi ill Call *****000 < j^x^ or visit ourshowflats at 83 Cairnhill Road fcj^^ Bhl Ifck Lincoln R°ad Sky
      194 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Shares up as traders bet on US rally
      600 6  -  R SIVANITHY STOCKS STI adds 16.32 points on strong showing in US futures market, positive Europe opening and HK close TRADERS yesterday bet on Wall Street rising on Thursday, in response to encouraging Q3 earnings reported by Alcoa after the US market
      :: Bloomberg  -  600 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 9 1 6 0 0 0 9 1 6 lanufacturing 72 47 56 10 77 53 66 Commerce 25 14 23 28 16 27 "pt/Stor/Comms 23 11 23 12 ■inance 11 11 11 11 instruction 12
      97 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      105 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 75,093 75,093 70,115 70,115 lanufacturing 531,623 23,339 554,962 211,883 1,088 212,971 lommerce 107,894 19,837 127,731 112,397 7,762 120,159 'pt/Stor/Comms 204,950 2,849 207,799 302,357 688 303,045 :i nance 30,387 30,387 145,255 145,255 lonstruction 96,163 43,689 139,852 18,049 886 18,934 'roperties
      105 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      104 6 lapitaLand 3.940 +0.140 lapitaMal 1.680 -0.060 JtyDev 9.900 +0.070 lomfortDelGrc 1.630 +0.010 Iosco Corp 1.180 +0.010 IBS Grp 12.980 +0.080 :&N 3.850 ienting SP 1.130 +0.030 iolden Agri 0.455 +0.005 IK Land 4.650 +0.050 IMH 30.880 +0.180 ISH 17.620 +0.200 lardineC&C 25.460 -0.060 Ceppel Corp 8.150
      104 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      872 6  -  JAMIE LEE Gaming Sector UOB KAY HIAN RESEARCH, Oct 6 WE ESTIMATE that legalised Asian casino operators' collective gross gaming revenue was over US$2l billion in 2008, with the "non-cap-tive" VIP segment estimated to be worth only almost US$5.B billion, or 50 per cent of the US$ll.3 billion
      : Bloomberg; ■: Bloomberg  -  872 words
    • Article, Illustration
      Lock icon US$ falls broadly as risk appetite rises
      484 6 Reuters CURRENCIES [NEW YORK] The US dollar fell broadly yesterday as rising equity markets fuelled demand for riskier assets at the expense of the safe-haven US currency, while the Australian dollar rallied on strong jobs data. The euro rose to session highs against
      Reuters; AFP  -  484 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      59 6 Oct8 VALUE CLOSE IT OB/OS -827.00+219.C IT CADI -*****.00 +94. IT 10-day MA -*****.00 -82.0' TSE ST Mid Cap 616.97 +6.4! TSE ST Small Cap 528.38 +2.2 TSE ST All Share 652.24 +4.3 TSE ST China Top 275.74 +3.3 TSE ST China 292.18 +2.4i TSE ST Catalist
      59 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Golden Agri 127,957,000 Gentinq SP 101,516,000 Ziwo 62,178,000 ChinaGaoxian 55,208,000 Goodland 54,658,000 TionqWoon 54,516,000 Swing Media 52,057,000 Sing Tel 50,911,000 Uni Envtech 45,899,000 UniFiber 44,640,000 VALUE(S) Sing Tel 155,413,095 Capita Land 131,941,934 Genting SP 113,070,210 Golden Agri 57,274,365 DBS Grp 51,721,540 TiongWoon 45,626,660 SATSvcs 38,212,254 Olam
      57 words
    • Article
      Lock icon RISES
      97 6 CLOSE UP LD 10US$ ***** 116.9 0.8 'hai Prime Fd 700 115.6 13. iBXT FTVietnam 10US$ 5395 104.4 1.. ;txpo ioo 1358 56.0 4. MS India 10US$ 1459 37.6 1. China H 10US$ 1620 36.2 ilA.ES.0910 1344 32.0 2, ICC 5.1% NCPS 100 9810 30.0 0. ISH 1762 27.8
      97 words
    • Article
      Lock icon FALLS
      116 6 CLOSE DOWN iBXT S&P Short 10US$ 5760 -96.1 -1.2 iBXT Ni 10US$ ***** -45.9 -o.: iBS Bk6% NCPS 10 ***** -36.0 -0.3 reat Eastern 1300 -28.0 -2.1 •ain irm 590 -13.9 -1.7 lUE 980 -13.0 -1.3 ICBC Bk4.5%NCPS 100 9590 -10.0 -0.1 iMall 168 -6.0 -3.. lardine C&C 2546
      116 words
    • Article
      Lock icon CURRENCIES
      78 6 iere stands ISS Oct8 %CHNG CLOSE FR0O7 YR2009 S$ LOW S$ HIGH 1.3915 0.57 1.5579 1.3915® iuro 2.0552 0.29 2.0897 1.9150 'ounds 2.2342 -0.48 2.4366 2.0356 1.2581 -0.53 1.2581* 0.9453 ren* 1.5762 0.71 1.7278 1.4831 lupiah* 0.***** 0.73 0.***** 0.***** !aht* 4.1774 0.39 4.3390 4.1040 'eso* 2.9954 0.59 3.4350
      78 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Harry's to open boutique hotel
      362 8  -  UMA SHANKARI Hotel in Ann Siang Road is expected to open in Q1 2010 By SINGAPORE'S largest bar chain operator Harry's Holding will open a boutique hotel in Ann Siang Road. The new venture marks the entry of the company well-known for its bars in
      FILE PHOTO  -  362 words
    • Article
      Lock icon Will dual-class shares work in S'pore?
      840 8  -  MICHELLE QUAH SINGAPORE Exchange (SGX) chief Hsieh Fu Hua has proposed three ideas to improve the level of corporate governance here: introducing dual-class shares; having better redress for shareholders; and an independent body certifying governance standards at companies. But will these ideas work in
      840 words
    • COMPANY BRIEFS
      • Article
        Lock icon ARA unit appointed property manager
        138 8 A FULLY-OWNED unit of ARA Asset Management Ltd will be appointed as the new property manager of the Suntec City mall and offices which are held by Suntec Reit. This follows the early termination of an existing property management agreement dated Nov 12, 2004, under
        138 words
      • Article
        Lock icon Downpour hits Straits Asia facility
        56 8 STRAITS Asia Resources said operation of the new load out facility at its Jembayan mine has been affected by the recent downpour. As a consequence, there has been a failure of the foundation structure under this facility. No further loading will be possible from this
        56 words
      • Article
        Lock icon New Lakeside auditors flag concern
        79 8 AUDITORS of New Lakeside, LTC LLP, has issued a report drawing attention to risks to the group's ability to continue as a going concern. Without qualifying its opinion for the financial year ended June 30, LTC said in an "emphasis of matter" that New Lakeside's
        79 words
      • Article
        Lock icon Asia Tiger unit chosen as turnkey contractor
        71 8 ASIA Tiger Group's subsidiary Industrial Power Technology Pte Ltd has been appointed the exclusive turnkey contractor for a mixed fuel fired biomass plant in Thailand. Its subsidiary will undertake the design, engineering (excluding civil works), supervision, installation, testing, commissioning and initial start-up of
        71 words
      • Article
        Lock icon ST Engg unit in talks with FedEx
        81 8 ST Engineering has clarified that its unit ST Aerospace has not signed a contract to install a new onboard automatic fire-suppression system in planes operated by FedEx Corp. ST Aerospace is "in discussion" with FedEx and will make an announcement "if and when
        81 words
    • Article, Illustration
      Lock icon Trump Dragon banks on target firms for sales in next 5 years
      611 9  -  LYNETTE KHOO The group's original plans for organic expansion will be canned By TRUMP Dragon Distillers Holdings is banking on its two target companies for sales generation in the next five years. The group plans to raise the
      611 words
    • Article
      Lock icon Optus Finance plans benchmark US$ bond sale
      180 9 Bloomberg SINGAPORE Telecommunications Ltd's Optus Finance Ltd unit plans to sell 10-year bonds in US dollars which may be priced to yield 155 basis points more than Treasuries, according to a person familiar with the transaction. Citigroup Inc, HSBC Holdings pic and JPMorgan
      Bloomberg  -  180 words
    • Article
      Lock icon Neftech appoints M-Line as marketing agent
      139 9 CHINA Auto Corporation said yesterday that Neftech, in which it has a 4.9 per cent stake, has appointed M-Line Investments an exclusive marketing agent. Earlier this week, CAC announced a move to buy an additional 19 per cent stake in Neftech through the issue
      139 words
    • Article
      Lock icon Audit panel backs lease move: Youcan
      256 9 YOUCAN Foods International's 15 million yuan (Ss3 million) rental lease for a factory partly owned by its chief executive has won the backing of its audit committee. Last month, Youcan said it had agreed to lease a factory property that is partially owned by
      256 words
    • Article
      Lock icon Strong debut for Goodland Ziwo
      408 10  -  EMILYN YAP Goodland closes 37.5% above IPO price, while Ziwo ends Ist day 21% up By TWO new listings Goodland Group and Ziwo Holdings debuted strongly on the local stock market yesterday. Boutique property developer Goodland Group opened trading on Catalist at 28 cents, exceeding
      408 words
    • Article
      Lock icon Cathay and SIA show recovery signs, but yields remain low
      398 10 Reuters [HONG KONG] Asia's two leading airlines, Cathay Pacific and Singapore Airlines (SIA), have sprung back to life after a year-long slump as the December peak holiday season nears. Shares have bounced strongly and the pair have seen their best
      Reuters  -  398 words
    • Article
      Lock icon Tuan Sing to launch Mont Timah
      220 10  -  UMA SHANKARI By TUAN Sing Holdings, which has acquired a 70 per cent stake in Mont Timah, a boutique residential project at Hindhede Drive, said yesterday it will launch the project soon. Tuan Sing announced in August that it would buy 70 per cent
      220 words
    • Article
      Lock icon Ong First Tradition eyes regional expansion
      246 10 SINGAPORE'S first futures brokerage firm Ong First Tradition is looking to expand into North and South-east Asia. "Located at the heart of South-east Asia, Singapore is well placed to serve the fast-growing markets of the Asia-Pacific region," said Ong Ka Thai, chairman of Ong
      246 words
    • Article
      Lock icon China VTM listing a boost: Sapphire
      211 10 SAPPHIRE Corp said yesterday that the successful Hong Kong listing of a Chinese iron ore mine operator in which it has an effective indirect stake of 9.6 per cent will contribute positively to the group's financial performance from Q*****. The company, China Vanadium Titano-Magnetite
      211 words
  • Page 8 Advertisements
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      1525 8 W^T CHINA HONGCHENG HOUNNGS LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA HONGCHENG HOLDINGS LIMITED (the "Company") will be held at Orchid Country Club, Sapphire Suite 2, 1 Orchid Club Road, Singapore *****2 on Tuesday, 27 October 2009
      1,525 words
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      Lock icon Page 8 Advertisements Column 2
      29 8 I en MEGAMAN® H Energy Saving Lamps MEGAMAN* Concept Store 101 Kitchener Road, No. 01-32, Jalan Besar Plaza, E-mail: sales@megaman.com.sg Singapore *****1 Tel: (65) 6396 5576 C€ aiH^Mi^A IL
      29 words
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      285 9 __D I L—3LJ LIU U UUUUU V_>lJ v METROPOLITAN Expressing the life style of today's consumers by using all the languages of Italian designs. Based on founder, Mr Matera's handcraft tradition of top-quality upholstered furniture handed down by generations. Galiitalia An up-to-date entrepreneurial approach that perceives in advance what today's
      285 words
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      3 10 1.1 Evwfl wR
      3 words
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      138 10 Special for Singapore Round-trip Direct Chartered Flights October 18 SIN NNG ZH9330 Departure Time 08:50 Arrival Time 12:30 October 25 oNNG SIN 7HWQ Departure Time 15:00 f Arrival Time 18:50 FINANCIAL ASSISTANCE The mission will be covered under the IMAP (International Marketing Activities Programmed) by IE Singapore. M Reimbursement under
      138 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Warehouse rent here exits global top 10
      449 11  -  EMILYN YAP Colliers expects most Asia-Pacific warehouse markets to firm up in H2 By PRIME warehouse rents slipped in the first half of the year to push Singapore out of the 10 most expensive prime warehouse markets in the world. According to a
      449 words
    • Article, Illustration
      Lock icon New Shell petrol with economy formula
      436 11  -  SAMUEL EE By SHELL has introduced a new fuel with an economy formula that promises to help drivers save at least 2 per cent of their petrol bill. The oil giant yesterday unveiled Shell FuelSave, which it says is designed to help drivers save
      YEN MENG JIIN  -  436 words
    • Article
      Lock icon LTA Academy to help train university students
      325 11 Tie-up with Munich University's Master programme its first THE LTA Academy will contribute to a foreign university's Master's programme in transport and logistics its first involvement in courses offered by an educational institution. Part of the programme's coursework may require students of the
      325 words
    • Article, Illustration
      Lock icon Consistency in manufacturing variables
      961 11  -  This approach stood SSMC and 3M in good stead when they went through the audit process for MAXA, reports JOYCE HOOI THE world of manufacturing is a paradoxical one, where change is necessary to survive but constants are absolutely essential. Systems on Silicon Manufacturing Company's CV
      ARTHUR LEE, 3M  -  961 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Gold rises to record levels for third day
      667 12 Bloomberg Demand up due to weakening US dollar and concern of rising inflation [LONDON] Gold gained to a record for a third day in London and New York as demand increased on a weakening US dollar and concern that inflation will accelerate.
      Bloomberg; REUTERS  -  667 words
    • Article
      Lock icon US 2009 deficit totals US$1 At Budget Office
      394 12 Bloomberg [WASHINGTON] The US government ended its 2009 fiscal year with a deficit of US$l.4 trillion, the biggest since 1945, the Congressional Budget Office (CBO) reported. The deficit amounted to 9.9 per cent of the nation's economy, triple the size of the
      Bloomberg  -  394 words
    • Article
      Lock icon Inflation rises at slower-than-expected rate
      273 12 Reuters [NEW DELHI] India's headline inflation rose at a slow-er-than-expected pace at the end of September on firm food prices, adding to the debate over when the central bank should exit from its accommodative monetary stance. The widely watched wholesale price index rose by 0.7
      – Reuters  -  273 words
    • Article
      Lock icon HSBC will lend to Dubai firms facing funding problems
      334 12 Bloomberg [DUBAI] Dubai's state debt of US$BO billion is "reasonable", given the economy's size and growth rate, and HSBC Holdings pic will lend to companies in the emirate facing funding problems, the bank's Middle East chairman said. "If you believe the
      Bloomberg  -  334 words
    • Article
      Lock icon Economy rebounding in Europe too: Google
      187 12 AP [NEW YORK] Google Inc is seeing an economic recovery under way, not just in the US, but also in Europe, CEO Eric Schmidt said on Wednesday. Historically, Europe has lagged a US economic recovery by up to six months, Mr Schmidt told reporters.
      AP  -  187 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Astro shares up slightly after it wins EPL rights
      387 13  -  S JAYASANKARAN Company and ESPN paying RM862.5m; analysts see pressure on margins By in Kuala Lumpur SHARES of Malaysia's pay-TV operator Astro All Asia Networks moved up slightly to RM3.39 apiece, up 0.59 per cent despite analyst comments that its margins
      387 words
    • Article, Illustration
      Lock icon Top Glove payout soars on record profit
      535 13  -  PAULINE NG By in Kuala Lumpur MALAYSIA'S largest glove maker, Top Glove Corporation, plans to reward its shareholders with a bumper dividend payout of 22 sen per share or double the previous year's, following record earnings on the back of surging demand for
      REUTERS  -  535 words
    • Article
      Lock icon Golkar Party plans to back Yudhoyono in second term
      416 13 Reuters [JAKARTA] Indonesia's Golkar Party plans to back President Susilo Bambang Yudhoyono in his second term, in a move that will give his government more support in parliament but could impede reforms of key areas such as the bureaucracy. Controversial tycoon
      Reuters  -  416 words
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      81 13 V^ Beyond 40 Years/ o Canada Si. Japan USA China Brazil Taiwan France Thailand Germany Mongolia Wk UK Cambodia Switzerland Nepal Netherlands Vietnam Italy India CsS3l/B© M Spain Malaysia m Egypt Indonesia m Austria Singapore m Czech Republic Fiji f W Turkey New Zealand K Uzbekistan t'i M^ Russia With
      81 words
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  • INDIA
    • Article
      Lock icon Indian firms expect fall in quarterly profits
      556 14 -AFP But better times lie ahead as economic recovery takes hold, analysts forecast [MUMBAI] Indian firms are expected to report a fall in profits in the quarterly results season that kicks off today, but better times lie ahead as the country's economic recovery
      -AFP  -  556 words
    • Article, Illustration
      Lock icon Maharajas' treasures on display in London
      397 14 AFP [LONDON] The splendour of India's maharajas is to go on show in Britain from tomorrow, with thrones, jewels, saris and even motor cars on display in London. The exhibition at the Victoria and Albert Museum, the world's largest museum of decorative arts and
      AFP  -  397 words
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      2541 14 SSH Corporation Ltd. SSH Corporation Ltd. (Company Registration No *****0985C) (Company Registration No.: *****0985C) (Inoorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of SSH Corporation Ltd. ("the Company") will be held at
      2,541 words
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  • GREATER CHINA
    • Article
      Lock icon US probes Chinese steel pipes, risks widening trade spat
      471 15 AFP Allegedly backed by unfair subsidies, the pipes could attract 100% tariffs [WASHINGTON] The United States launched a probe on Wednesday to consider slapping almost 100 per cent tariffs on imported steel pipes from China in a move that could widen
      AFP  -  471 words
    • Article, Illustration
      Lock icon Rare blue diamond sets Asian record
      503 15 Bloomberg At HKs43.Bm, it's the most expensive sold at auction [HONG KONG] An 8.74-car-at blue diamond, the size of a hazelnut, fetched HK$43.B million (557.9 million) in Hong Kong, the most expensive of its type sold at auction in Asia. The emerald-cut, so-called fancy
      Bloomberg; BLOOMBERG  -  503 words
    • Article
      Lock icon China car market growth may slow in 2010
      217 15 Bloomberg [NEW YORK] China's car market will grow at a slower pace next year after expanding almost 40 per cent in 2009 to become the world's biggest, said Shiping To ng, chief executive officer of China Auto Logistics Inc. This year's forecast
      Bloomberg  -  217 words
    • Article
      Lock icon EC proposes taxes on China, Vietnam shoes
      366 15 Reuters [BRUSSELS] The European Commission has proposed extending anti-dumping duties on EU imports of Chinese and Vietnamese shoes for 15 months, despite huge opposition from member states, global brands and consumers, EU sources said. If approved, the new duties would take effect from
      ■ Reuters  -  366 words
    • Article
      Lock icon Nobel laureate may not lecture
      262 15 ■AFP Charles Kao has difficulty speaking due to Alzheimer's [HONG KONG] Nobel Prize winner Charles Kao may be unable to give the traditional laureate's lecture because he has Alzheimer's disease, as academics query why it took so long to award him, a report said yesterday.
      ■AFP  -  262 words
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      23 15 #1 Google Analytics Authorized Consultants it* l^~ in Singapore and South-East Asia /"**ll/'"*l^ I mJ\ Iw" \A\\J\ I I\UL http://clickTßUE.biz/prOtnO Delivering True Value
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      89 15 wKk Swiss quality also Bfl stands for knowledge. I^^QNH Ensuring your success with global mailings. iflfc Swiss Post offers you cross-border mailing options to make your business even XSSSCv^yNMaI^ moresuccessful.Youcancounton usfor gfe. daily mail, direct mailings, newspapers, ||t v magazines and small consignments. \i>- V With our flexibility, innovativeness and
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon ECB keeps interest rate at 1%
      551 16 Reuters, AP Recovery continues but uncertainties remain high: bank chief [VENICE] The European Central Bank head Jean-Claude Trichet cautioned against hopes of a speedy economic recovery after the central bank kept its benchmark interest rate at a record-low one per cent yesterday. ECB president
      Reuters, AP  -  551 words
    • Article, Illustration
      Lock icon Bank of Korea expected to up rates
      464 16 Reuters [SEOUL] South Korea imposed new lending controls yesterday to cool its housing market, but the move failed to dent expectations that the central bank will raise interest rates soon to avert a property price bubble. Upbeat exports and consumer spending data for
      – Reuters; REUTERS  -  464 words
    • Article
      Lock icon Toyota advises removal of driver-side floor mats
      514 16 AP Pedals may get stuck on them, causing accidents [TOKYO] Two years before the fatal accident that prompted Toyota to warn 3.8 million American car owners to take out floor mats, Troy Johnson died in a crash also suspected of being caused by
      AP  -  514 words
    • Article
      Lock icon S Korea, EU to sign free trade accord next week
      268 16 ■AFP [SEOUL] South Korea and the European Union (EU) will sign a free trade deal next week after resolving the final sticking points, the trade ministry said yesterday. Trade Minister Kim Jong Hoon and his EU counterpart Catherine Ashton will
      ■AFP  -  268 words
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      92 16 C^/weet (^yndulgences from cova 1 4j BL'I"^*!* At Cova, we believe business should always be a pleasure which is why our exquisitely wide selection To place your order, 1 of cakes and mini pastries are often the indulgence of choice. A privilege we are certain you will please call 6733
      92 words
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  • FOCUS: POOR RICH
    • Article
      Lock icon Money to spend but there's nothing to buy
      458 17 Bloomberg US luxury chains stick to conservative plans for high-end inventories [WASHINGTON] Jennifer Prentice spent half of what she usually does when she and a friend shopped at Neiman Marcus Group Inc, Saks Inc and Nordstrom Inc stores on a recent business
      Bloomberg  -  458 words
    • Article
      Lock icon New frugality sees some ultra-rich bid jets, yachts adieu
      345 17 Reuters [BOSTON] Thought the ul-tra-rich were immune to the market melt-down and ensuing recession? Think again. It turns out that a little more than a year after the collapse of Lehman Brothers, they have been tightening their belts too, their wealth
      Reuters  -  345 words
    • Article, Illustration
      Lock icon Hermes not as optimistic as LV
      459 17 [PARIS] The crisis-hit luxury goods industry is not out of the woods yet and any improvement is unlikely in the next 15 months, the chief executive of French luxury group Hermes said on Wednesday. However, Patrick Thomas was slightly more optimistic about the short
      ; AFP  -  459 words
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      110 17 Congratulations to Hengyang Petrochemical Logistics Limited First PRC-based company listed on SGX-ST Catalist Shares to commence trading at 9.00 a.m. on 9 October 2009 m\ This advertisement has been reviewed by Hengyang's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor"). It has not been examined or approved by the SGX-ST and
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  • WORLD
    • Article, Illustration
      Lock icon Citigroup management gets good review
      476 18 ■AP But the embattled bank may see more changes in its top ranks, says a Wall Street Journal report [NEW YORK] An independent consulting firm has given Citigroup Inc's management team a good review, but the embattled bank could see more changes among its top
      ■AP; REUTERS  -  476 words
    • Article
      Lock icon The rich still prefer hedge funds despite last year's losses
      507 18 Reuters [BOSTON] It appears that nothing not losses, redemption gates or lofty fees can deter the rich from stashing their cash in hedge funds. A year after crumbling markets triggered losses and fund managers drew fire for blocking redemptions, wealthy
      – Reuters  -  507 words
    • Article
      Lock icon Facebook sued over patents
      190 18 Bloomberg [TOKYO] Facebook Inc, the world's most popular social networking website, has been sued by a Japanese company which claims that the site was built using its patented technology. Mekiki Co, which runs the samuraitime.com network site, claims that Facebook uses its "fundamental and patented social
      Bloomberg  -  190 words
    • Article, Illustration
      Lock icon Blackstone buys InBev parks for up to US$2.7b
      467 18 Bloomberg [NEW YORK] Blackstone Group LP, the world's biggest buyout firm, has agreed to buy AnheuserBusch Inßev NV's amusement park business for as much as US$2.7 billion in the largest private-equity deal this year. Blackstone, based in New York, agreed to purchase
      Bloomberg; AP  -  467 words
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      2216 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 nlnhr^i plato capital limited .n™ss™«. V^^ (Incorporated in the Republic of Singapore) bearingpoint2oo2 asiapacific (Company Registration No. *****7443M) (Registration No. *****4646N) (Incorporated in the Republic of Singapore) HBHHHHH^HH^pHJHHHHHHHBBBMHH^BHHBHHHH^HHHMMHBBH^B Statutory Declaration by Directors J [»j J~fi^ j flT*] ■I'] I k Fll
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      5067 19 IN THE MATTER OF THE (r COMPANIESACT.CAP.SO f IN THE MATTER OF "^J^fc PRINSEP MANAGEMErfT (S) PTE LTD JW 3E SIN GHEE HUAT CORPORATION LTD. On Me^-Vo.u^L^u.da.on, ff g^ Company Registration No, *****0475Z NOTICE OF RESOLUTIONS LUXtiNE (Incorporated in the Republic of Singapore) 5 h^S^l LUXKING GROUP HOLDINGS LIMITED NOTICE
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Europe airlines dumping 2,000 jobs to stay afloat
      631 20 Reuters Move being taken despite risk of staff going on strike in retaliation [PARIS] European airlines are slashing more than 2,000 jobs and scrambling for extra revenue to beat the industry's worst recession in a decade, in a strategy that risks winter
      Reuters; BLOOMBERG  -  631 words
    • Article
      Lock icon AirAsia obtains landing rights in Paris
      269 20 -AP [KUALA LUMPUR] Malay-sian-based budget carrier AirAsia has won landing rights in Paris, its second destination in Europe, in a boost to its global expansion plans, an official said yesterday. Deputy chief executive Kamarudin Meranun said that he has been notified by Malaysian government
      -AP  -  269 words
    • Article
      Lock icon Citi to arrange financing for BOC Aviation
      283 20  -  VEN SREENIVASAN By' BOC Aviation has mandated Citigroup to arrange financing guaranteed by the European Export Credit Agencies (European ECA) and Export-Import Bank of the United States (US Exim Bank) of up to US$3Ol million and US$296 million respectively. Financing for the facility
      283 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        131 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.70 0.33 1.18
        131 words
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        Lock icon KLSE
        31 20 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.91 9.10 8.87 3.04 2.98 unch -0.01 0.25 0.05 unch 0.02 unch n: T. 6o: 71( 2!
        31 words
      • Article
        Lock icon BANGKOK
        12 20 '00 ■recious Ship Jegional Cont 20.00 12.70 1.30 ***** 0.80 2496;
        12 words
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        Lock icon HONGKONG
        11 20 '000 joil ungamas Cont 41.40 1.42 -0.35 175! -0.03 2197'
        11 words
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        Lock icon PHILIPPINES
        22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.90 22.00 unch unch 0.10 unch unch unch 161 1196 0 0
        22 words
      • Article
        Lock icon TAIPEI
        19 20 Evergreen Marine ....17.90 :irst Steamship 44.25 ManHai Lines 16.45 fang Ming Marine ..12.30 -0.30 0.05 0.15 -0.20 I'
        19 words
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        Lock icon TOKYO
        41 20 '000 (awasaki Hvy Ind ..226.00 -2.00 ***** (awasaki Kisen 365.00 25.00 ***** Mitsubishi Hvy 333.00 1.00 ***** vlitsui Eng&Sbldg ..226.00 unch 652! vlitsuiOsk Lines 565.00 31.00 2532! Nippon Express 350.00 8.00 483: Nippon Yusen 368.00 25.00 1533! iource: Thomson Reuters
        41 words
    • Article
      Lock icon Piracy, climate change key maritime concerns
      487 20 AFP New Arctic Ocean corridors opening up poses security threat [NEWPORT, Rhode Island] International piracy and the challenges of new Arctic Ocean corridors opening up as a result of global warming topped the agenda on Wednesday at a gathering of world maritime powers. "The
      AFP  -  487 words
    • Article
      Lock icon Padang to resume shipping rubber next Fri
      271 20 Reuters [JAKARTA] Indonesia, the world's second biggest natural rubber producer, will resume rubber export shipments from an earthquakehit Sumatran port in Padang on Oct 16, Welly Bastian, a port official said on Wednesday. Padang is the provincial capital of West Sumatra, one of
      Reuters  -  271 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2813 20 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: 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:
      2,813 words
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      174 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALTANAPTE. LTD. (Registration No. *****0132M) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Chapter 50 of Singapore), that the Final Meeting of Members
      174 words
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      6065 21 r^l/nIVN PLATO CAPITAL LIMITED MMAVERIC V 1 IH| 3kV U^^^^y (Company Registration No. *****7443M) (Incorporated in Singapore with limited liability) MAVERIC LTD (Company Registration No: *****1583G) 1 (Incorporated in the Republic of Singapore) IN THE MATTER OF IN THE MATTER OF MiL* J I L H .Wll tII L I
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  • EDITORIAL & OPINION
    • Article
      Lock icon G-20 sets Doha Round back on course
      505 22 SPEAKING in Paris last Friday, Pascal Lamy, direc-tor-general of the World Trade Organization (WTO), noted that the worst protectionist impulses have been contained so far in the current global economic downturn. He added, however, that the real stress test would come over the
      505 words
    • Article, Illustration
      Lock icon Will Obama stay in Afghanistan?
      965 22  -  LEON HADAR His decision will either irritate the foreign policy elite or disappoint the American people POLITICAL thinker Walter Lippmann argued that the Americans were largely ignorant about foreign policy and thus lacked the competence to make critical choices about war and peace. They required
      AP  -  965 words
    • Article, Illustration
      Lock icon Improved confidence is but absence of terror
      749 22  -  ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE HOW close did America come to the Great Depression 2.0? That question will spawn a cottage industry of books, studies and conferences. But Christina Romer, the head of President Barack Obama's Council of
      The Washington Post Writers Group  -  749 words
    • Article, Illustration
      Lock icon Let growth engines drive recovery
      1147 23  -  PETER A PETRI By working together, governments can show markets that they mean business and will hold each other accountable By LAST week, the International Monetary Fund (IMF) raised its semi-an-nual forecast of world economic growth for next year, from 2.5 per cent to 3.1
      AP  -  1,147 words
    • Article, Illustration
      Lock icon Leveraging on human capital
      1047 23  -  NARAYAN PANT By IWAS very privileged a few days ago to listen to a diverse group of people speak passionately and informatively about future "People Strategies" for Asia. Among the speakers and participants were national leaders including the Prime Minister of Singapore and the Singapore Minister
      1,047 words
    • Letter
      Lock icon CMA listing won't hurt CMT, CRCT performance
      473 23 LETTER TO THE EDITOR WE refer to the Hock Lock Siew commentary, "Spinoff by CapitaLand: Will Reit units lose out?" (BT, Oct 8). We would like to assure investors that the business model and financial performance of CapitaMall Trust (CMT) and Capitaßetail China
      473 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8731 24 Transaction date: Oct 8 52-wks Tel h Low Code Comp Last Sale Vol •000) Hie Day Last Quote Div Gr Yld Net h Low Buyer Seller C'vr P/E M Cap Hij 17 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 32.5 12 5000 ABRHIdgs 15.5 5.5 1938 AEI Corp
      8,731 words
    • Article
      Lock icon SGX CATALIST
      1583 25 ligh Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E $mil 12.5 5 1181 s AAGrp >5.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 20 8.5 3518 t Afor 12.5 2 1524 t Alantac 11 3.5 7814
      1,583 words
    • Article
      Lock icon SGX ETF
      385 25 Hi. Low Code Comi Sale COOP) Hi. Low Big Seller C'vr P/E imil 110 100 6389 ABFSG Bond ETF 110 unch 784 427 CIMBAsean40 100US$ US784 +9 274 149 DBS STI ETF 100 270 +2 4317 3534 DBXT DJE5O 10US$ US4226 DBXTDJE50Sh 10US$ US3076 1682 DBXT FTChina25 10US$
      385 words
    • Article
      Lock icon CLOB INTERNATIONAL
      264 25 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
      264 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9428 25 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.059/ AIGIF Spore Bond Fund/A 1.355/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.08/ APS Alpha Fund (USD)!** 0.77/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5086/ APS Komaba Global
      9,428 words
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      24 24 Le maitre de I'horlogerie depuis 1875 IB VrJ/ A N-,^a equation of tjme,\eepin^ Ahm wmßmE sunH For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com "~U^^^^
      24 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      372 26 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct7 World Index Preliminary 793.8 0.1 17.1 0.0 18.4 -0.1 21.: t EAFE Preliminai 754.0 0.3 16.2 0.0 21.0 -0.1 24.. Euro[ Prelim inan 1079.9 -0.4 18.5 -0.7 23.5 -0.8 27.1 Pad
      372 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 26 As at 9am Oct 8 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2460 1.2830 .an dollar 1.3130 1.3300 Euro 2.0460 2.0700 NZ dollar 1.0260 1.0490 iterlini ind 2.2180 2.2450 US dollar 1.3890 1.4050 Local dollars to 100 units of foreign
      129 words
    • Article
      Lock icon INTERBANK RATES
      177 26 Oct S Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 3/8 US$ 1/4 7/16 9/16 11/16 Offer 1/8 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.32 0.35 0.38 0.40 0.70 1.10 1.25 Offer 0.22 0.25 0.28
      177 words
    • Article
      Lock icon STOCK INDEX FUTURES
      28 26 Oct 8 ten Hii ih Sett STI Oct 2642 SIMSCI Oct 313.6 316.7 315.5 Taiwan Oct 276.8 277.6 272.3 Source: MF Global (S) He. Ltd
      28 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 26 Octg S$ Bid Offer 1-month 1.3924 1.3938 2-months 1.3926 1.3941 3-months 1.3927 1.3942 6-months 1.3931 1.3947 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      61 26 Oct 8 Delivery Month Opening Sett Av Range Price Price Hi Low Vol Open Done Position Oct 09 2105 2069 2123 2069 143 307 Nov09 2100 2040 2102 2036 1542 ***** Dec 09 2080 2030 2087 2023 ***** ***** Jan 10 2078 2032 2084 2024 3132 ***** Total
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      281 26 Oct 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec09 Mar10 Jun10 Sep10 99.6250 99.4150 99.1150 98.7600 6401 4375 3163 3587 EUROYEN TIBOR FUTURES Dec09 Mar10 Jun10 Sep10 DedO Mar11 Jun11 Sep11 99.520 99.555 99.570 99.555 99.495 99.410 99.350 99.350 3350 4068 2019 1574 703 562
      281 words
    • Article
      Lock icon SICOM FUTURES
      196 26 Oct 8 KUbbbK Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Nov 09 235.9 Dec 09 234.5 Jan 10 231.0 Feb 10 230.0 Mario Apr 10 237.0 227.0 233.5 231.0 230.0 235.0 235.9 234.5 234.5 234.5 234.5 237.0 195 30
      196 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 26 Oct 8 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: wstralia 0.954 6.170 0.612 7.005 41.923 84.876 0.798 10.549 3.062 1.221 74.875 41.991 1.259 6.612 0.927 29.049 30.113 0.563 0.904 Canada 1.048 6.468 0.641 7.342
      464 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      81 26 Oct 8 Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****S 07.01.2010 1-Year BY*****W 03.05.2010 0.39 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year NY*****H 3.000
      81 words
    • Article
      Lock icon SIBOR
      79 26 (US$) (S$) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Oct 8 6 mths 0.***** 9 mths 1.***** 12 mths
      79 words
    • Article
      Lock icon PRECIOUS METALS
      132 26 Oct 8 /oz) Hong Kong 1043.60 1050.90 London Oct 06 Oct 07 1041.40 1042.40 1042.20 1043.20 Source: Thomson Reuters CAST BAR (Sj) Oct 08 Buying Sellim Kilobar "50,217.24" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™ 112.35
      132 words
    • Article
      Lock icon CHICAGO BOT
      99 26 Oct 7 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 09 912.00 910.00 916.00 904.50 Jan 10 916.75 914.25 920.50 909.75 Mar10 918.75 914.25 921.00 910.25 May 10 918.75 913.75 920.00 910.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 09 33.73 33.94 34.00 33.46 Dec
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 26 CRUDE OIL PRODUCTS Oct 7 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 68.20 -1.13 WTI (Near Mth) 69.63 -1.34 Dubai (1 -Mth F) 68.67 -0.33 Tapis blend 75.05 -0.30 Minas 71.80 -0.30 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 65.15 75.35 0.20 1.00 USS/barrel Opec
      78 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 26 Oct 8 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2583 1.2598 0.9038 0.9040 Canadian dollar 1.3186 1.3207 0.9471 0.9477 Euro 2.0567 2.0593 1.4773 1.4777 NZ dollar 1.0301 1.0318 0.7399 0.7404 Sterlini ind 2.2355 2.2383 1.6057 1.6061
      157 words
    • Article
      Lock icon LONDON METALS
      62 26 ,luminium, 99.7% uritv (US$/tonne) Close Previous :ash 1807.95 months 1843.00 1787.50 1822.00 Copper, Grade A (US$/tonne) :ash months 6073.75 6095.00 6094.25 6115.00 .ead (US$/tonne) :ash 2127.00 months 2155.00 2122.00 2150.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 inc, Specia
      62 words
    • Article
      Lock icon LIFFE
      76 26 Oct 7 (£/tonne) Close Prev Hii ih/Low Dec 09 2133 2120 2147/2120 Mar 10 2159 2144 2173/2142 May 10 2181 2165 2193/2168 Jul 10 2129 2110 2132/2117 COFFEE (USS/tonne) Close Pev High/Low Nov 09 1437 1419 1441/1424 Jan 10 1465 1447 1470/1450 Mar 10 1491 1471 1490/1477 SUGAR (US
      76 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2178 26 BONDS, WARRANTS EXTENDED SETTLEMENT Pel 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 3 unch 34 0.5 1 15 6 5.67 1 87 1491 11.00 55 10 Allgreen Properties.ES.0910 S756#AsiaticGrp(H) Ltd W*****2.. H05#Asiatravel W*****7
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      1554 27 The Business Times Shipping Times m ■:y-u^f-¥.i:ii)jyi l tyji|7-v]i:[mijfi>l A UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL HERON NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination f"\ PAGONAH DBI/ABU/DOH/DMM lITnn ICD r/lin Tu^'rAiTx u /n c c i BKACE DBI/ABU/DOH/DMM AUTO BANNER 14/10
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      Lock icon Page 27 Advertisements Column 2
      1061 27 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M VT^A wii.l II A I I Ilirr TEL*****588 (14 LINES) FAX:*****163 VV Wf\ N HAI IN t J PKL TEL: {03) *****888 FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 V_si—* fclllfc«# J0HTEL:{07)*****23FAX:{07)*****215URTEL:{031)*****75FAX:{031)*****14/*****05 T JKTTEL:{O2I)S2S4IBBFAX:{O2I)S2S47BBPLMTEL:7I63BO/*****1 FAX:*****9 1 WWW.Wanhai.COm.Sg 8ELTEL:{061)*****83FAX:{061)*****25/*****09 VESSEL VOY PEN
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      1255 28 PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA VESSEL VOY SIN I PKG I JEA I BND~ SIN I PKG I NSA I KHI I JED I DAM I MAR MAR I FXT I HAM I ANR I LEH SAHAND PCL 0650S "06/T0 077T0 i4710~ TThT DANDELION AMXIISBW 09/10
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      1190 28 \\jr\ EASTERN CAR LINER, LTD UL_s^_— l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmjJJJjgjg^ y^~| RgmplKT) I Liltinq(KT) I KUC I JKT I SIN I PKL I JKT I SUB I I OCEAN SEAGULL 3__ 09/10 11/10 15/10 17/10 I LILAC ACE 77 30 12/10 14/10 15/10 I
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      1056 28 I WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL TOY SIN PKL (IN PORT) [MB (JCT2) NSA (NSHT) HOWRAH BRIDGE 0087W 08 Og 09 OQ 14 OQ 17 OCT NQRDWELLE VNWO3O 13 OQ 14 OQ 19 OQ 22 Oq SCI VIJAY
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  • executive lifestyle
    • Article, Illustration
      Lock icon Seasonal change
      1456 29  -  Fall auction season kicks in but will sales take off? WO ON TAI HO examines the ailing art sector to see if recovery is imminent THE "fall" auction season kicks off in Singapore today but the fact that Singapore has no autumn season is of no concern to
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    • ART
      • Article, Illustration
        Lock icon The artist and his garden
        902 30  -  Artist and designer Eng Siak Loy tells CLARISSA TAN about his passion for flowers and plants, and why his upcoming exhibition is actually a thank-you note m HEN Eng Siak Loy takes a walk M in the Botanic Gardens, he may be forgiven for thinking
        CLARISSA TAN  -  902 words
      • Article, Illustration
        Lock icon The fascination of Mao art
        685 30  -  WOON TAI HO By EVEN at the height of the art boom, it was hard to find a piece of Mao in any home in China. The Chinese had not resolved the way they felt about him a leader who united modern China but also
        685 words
      • Article, Illustration
        Lock icon A social commentary on the 'jungle out there'
        603 30  -  MADHVI SUBRAHMANIAN By ON the gallery walls, portraits of hybrid creatures with animal heads and human bodies gaze out at the viewer with their penetrating eyes, peering out from their wide frames and shiny metal nameplates. Sounds confrontational, aggressive, or perhaps a
        603 words
    • BOOKS
      • Article, Illustration
        Lock icon Financial thrillers a risky bet
        1481 32  -  Given the unrewarding nature of recent works of financial fiction, a reader's best strategy with the genre may be to go short, writes CLARISSA TAN IT hasn't taken long just four quarters since the fall of Lehman Brothers, in fact-for a spate of new financial
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      • Article
        Lock icon Chronicling the China rip-off
        771 32  -  VICTOR FIC Poorly Made in China: An Insider's Account of the Tactics Behind China's Production Game By Paul Midler Singapore: Wiley, 2009 Pages: 256 Rating: A- Reviewed by IN China, crafty fishermen tie strings around the sloping necks of cormorant birds that pluck up fish from
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    • ARTS
      • Article, Illustration
        Lock icon Spicing things up with a spot of culture shock
        650 33  -  DA:NS FESTIVAL THE dancers learn new routine from Boi Sakti in Indonesia, reports MELISSA QUEK SINGAPOREANS will remember Boi Sakti as the Indonesian choreographer behind Reminiscing the Moon, performed by the Singapore Dance Theatre to commemorate the opening of the Esplanade.
        650 words
      • Article, Illustration
        Lock icon Ultimate dance triumvirate at ballet gala
        545 33  -  AMANDA DE GUZMAN By THE International Ballet Gala arguably represented the ultimate dance triumvirate. With principal dancers from some of the foremost theatres in the world the American Ballet, the Bolshoi and the Mariinsky performing from a repertoire that included classical favourites and compelling
        545 words
      • Article, Illustration
        Lock icon Thumps up for hardworking cast
        343 33  -  AMANDA DE GUZMAN By STOMP is one show that deserves its West End and Broadway longevity, even if it's just for how hard its performers work. Guaranteed to be shiny with sweat by the end of each rousing show, every STOMP-er must be at that
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      • Article, Illustration
        Lock icon Every performance is an adventure
        542 33  -  MELISSA QUEK By AMERICAN Ballet Theatre (ABT) principal dancer Paloma Herrera may have been dancing professionally for the last 15 years, but she feels just like she did at the age of 15 when she first joined the ballet company. As an Argentinian, she didn't
        542 words
    • MUSIC/GAMING
      • Article, Illustration
        Lock icon Hiromi shines in pair of collaborations
        751 34  -  CD REVIEW She more than holds her own with Clarke and Corea, says CHRISTOPHER LIM Duet Chick Corea Hiromi Concord Rating: A Jazz In The Garden Stanley Clarke Trio with Hiromi Lenny White Concord Rating: B+ THERE'S no better proof of life in a
        751 words
      • Article, Illustration
        Lock icon Scat master has 'em eatin' outa his hand
        471 34  -  ONG BOON KIAT By AT times during his gig at the Esplanade Concert Hall on Tuesday, Al Jarreau sounded winded and the 69-year-old cheerfully admitted it. But by the end of a stretched encore that capped an evening of enduring songs and
        471 words
      • Article, Illustration
        Lock icon Gangster game gets new pieces
        619 34  -  CHRISTOPHER LIM By BY releasing stand-alone expansion chapters that don't require the original game to play, Rockstar Games may be pioneering the next big trend in game franchises. The developer created everyone's favourite politi-cally-incorrect gangster series, Grand Theft Auto (GTA), and is extending the franchise
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      • Article, Illustration
        Lock icon Fighting climate change with music
        398 34  -  CHRISTOPHER LIM By USING music for a charitable cause is hardly new, but as veteran songwriter and musician Kenny Young points out, many of these efforts have been targeted at issues such as poverty. And while Live Earth does focus on climate change, it isn't
        398 words
    • BEVERAGES
      • Article, Illustration
        Lock icon Trio of Oktoberfest options
        706 35  -  Brotzeit, Paulaner Brauhaus and Timbre Mobile have something for everyone, says CHRISTOPHER LIM BEER lovers don't usually need an excuse to quaff a pint of lager, but when copious amounts of both beer and food are involved, it helps to point one's finger at Oktoberfest and
        706 words
    • CINEMA
      • Article, Illustration
        Lock icon We'll always have Paris
        493 36  -  Paris 36 is a celebration of Gallic cliches that even the French love, writes AMANDA DE GUZMAN m ITH Paris M 36, director Christophe Barratier takes us into the bygone Paris of his dreams, chock-full of romanticised politics and Gallic stereotypes. In Barratier's world, the vin
        493 words
      • Article
        Lock icon Painterly Paris
        319 36  -  AMANDA DE GUZMAN By WHILE his film, Paris 36, takes place during a time of serious political and social upheaval the title gets its name from the year 1936, when most of the action takes place director Christophe Barratier insists that an understanding of French history is not
        319 words
      • Article, Illustration
        Lock icon A tear-jerker you can repeatedly savour
        359 36  -  CHRISTOPHER LIM DVD REVIEW By A CRASH on a Grand Prix race track is usually a relatively safe affair, with drivers cocooned in cockpits constructed out of super tough space-age materials. Disasters on public roads are significantly more perilous. And when Ben Thomas played
        359 words
  • Page 29 Miscellaneous
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      5656 31 t|ME watch investments limited %f W^^^^fl Bfl Company Registration No.: *****2355R .^^3 1 L (Incorporated in the Republic of Singapore) NOTICE OF FOURTEENTH ANNUAL GENERAL MEETING IN THE MATTER OF NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of TIME WATCH INVESTMENTS LIMITED (the "Company") will be held
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      51 32 THE SHANTI RESIDENCES AND RESORTS BALI OFFERS 3 GREAT DEALS ONE OF BALI'S FINEST PRIVATE RESIDENCES IN NUSA DUA, PERFECT PLACE FOR YOUR RETREAT. GOLF PACKAGES AVAILABLE. FOUR DRUPADI SEMINYAK, HAS FOUR EXCLUSIVE RESIDENCES FOR YOUR LIFESTYLE LIVING RELAXING HOME COMPOUND SURROUNDED BY REMARKABLE TROPICAL GARDENS AND RIVER. GOLF PACKAGES
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      15 32 Lianhe Zaobao I I Widespread I I use of Internet I I in China^^ \J)\
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      15 32 POORLY MADE IN AN INSIDER'S ACCOUNT OF THE TACTICS BEHIND CHINA'S PRODUCTION GAME PAUL MIDLER
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      104 34 Pulses :tk PEOPLE copy from any "ESS Spinelli outlet at $5.50 and get a complimentary Spin or Latte! COMMODITIES IS THE BULL CYCLE STILL INTACT? Find out what's the big deal about commodities in the October issue of Pulses. We also catch up with Leeden's CEO Steven Tham, who talks
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  • Page 35 Miscellaneous
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      328 35 CRYPTIC CROSSWORD Across 7 Charge for port nurse used to 1 Stays away? (11) get drunk (7,4) 9 For this pudding turn gas to 8 Second print-out is lacking in zero (4) character (11) 10 Weapon used to liquidate 12 Looking for short cut for ridpeople (5,6) ers to use
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      86 36 Global Sponsor of the New York Philharmonic We look at things from a different perspective for the benefit of our clients. An approach we share with the New York Philharmonic. As Global Sponsor we are proud to support this renowned institution that continuously sets new standards in innovation redefining classical
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