The Business Times, 2 December 2009
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2009-12-02
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The Business Times
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Title Section23 2009-12-02 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf!i A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Wednesday, December 2,200923 words
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Article, Illustration753 2009-12-02 1 SIOW LI SEN - SIOW LI SEN 2009 issuance may hit US$l trillion on back of crisis lessons [SINGAPORE] The Asian bond market has had a banner year powered by record low interest rates and demand from international investors, reflecting their growing confidence in the region. Blue-chip entities753 words
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757 2009-12-02 1 KALPANA RASHIWALA - KALPANA RASHIWALA Falling occupancy costs place Spore at 32nd spot; period of stability on the cards [SINGAPORE] Following a year-long slide in prime office rentals, Singapore's office occupancy costs have become far more competitive. Fourteen months ago, the island was the ninth most757 words
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MARKETS DIGEST
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Article84 2009-12-02 1 IS$ (S$ per US$) 1.383 (USS/SS per 1.647 2.277 ;URO (US$/S$/E) 1.504 2.080 Foreign currency per US$ S$ 'EN 87.00 62.90 3.388 2.451 IK$ 7.750 5.606 !AHT 33.21 24.02 lUPIAH 9,458 6,841 lENMINBI 6.826 4.938 INDIAN RUPEE 46.40 33.56 1.090 0.789 IZ$ 1.388 1.004 1COMP 1,266.71 +7.60 IIKKEI225 9,572.2084 words
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Article29 2009-12-02 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.844 TAIWAN 4.696 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
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Page 1 Miscellaneous
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Miscellaneous62 2009-12-02 1 HOCK LOCK SIEW OPINION EXECUTIVE MONEY T.RANSPORT HUB \vV Save ignorant lambs Americans unable xf^ *k\\ aJB How to watch for Airline shares recovering from slaughter to accept US decline N^h interest rate hikes lost ground PAGE 5 PAGE 24 mmWmmW '> PAGE 32 PAGE 21 CONVERSATIONS WITH THE STARS62 words
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TOP STORIES
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THREE-MINUTE DIGEST
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73 2009-12-02 2 FOLLOWING a year-long slide in prime office rentals, Singapore's occupancy costs have become more competitive. A year back, the island was the ninth most expensive place to rent offices. By end-March this year, it had slid to 15th spot and by the end73 words
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67 2009-12-02 2 THE Asian bond market has had a banner year powered by record low interest rates and demand from international investors. Asian bonds issuance so far this year in local as well as G3 currencies is close to touching a mind-boggling US$l trillion more than67 words
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82 2009-12-02 2 SINGAPORE Airlines cut chief executive officer Chew Choon Seng's salary by 20 per cent and parked planes in response to a global travel slump. It didn't touch the $11 million it spends annually on wine and Dom Perignon champagne for first-class passengers. Luring82 words
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45 2009-12-02 2 DUBAI World began talks with banks to restructure US$26 billion of debt, including US$3.5 billion owed by property unit Nakheel, and said that the remainder of its liabilities are on "a stable financial footing". TOP STORIES, PAGE 445 words
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71 2009-12-02 2 A BOARDROOM tussle is shaping up at HG Metal Manufacturing, after a non-executive director pushed for three key board members to be removed from the company. Substantial shareholders Lingco Marine and Lingco Holdings have called for an extraordinary general meeting to boot out71 words
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39 2009-12-02 2 UNABLE to reach a consensus on the use of the company's surplus cash reserves, the board of Thakral Corporation has unanimously proposed to return $130.6 million to shareholders. COMPANY NEWS, PAGE 639 words
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75 2009-12-02 2 SMEs in the electronics and retail sectors were struggling to get paid on time in the second quarter of this year. According to an analysis of trade payment patterns, the average number of days it took for an SME in the electronics75 words
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65 2009-12-02 2 AUSTRALIA'S central bank raised its benchmark interest rate by a quarter percentage point for an unprecedented third straight month as evidence mounts that the country's economy is strengthening. Reserve Bank governor Glenn Stevens increased the overnight cash rate target to 3.75 per cent65 words
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456 2009-12-02 2 Bloomberg Two firms in talks to take on Galleon's teams in US, Spore [SINGAPORE] Galleon Group LLC, the US hedge fund firm that is liquidating after its founder was charged with insider trading, will stop operating here on Dec 31, said people familiar– Bloomberg - 456 words
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Article, Illustration603 2009-12-02 2 Bloomberg It continues to pamper premium passengers even as rivals bail out [SINGAPORE] Singapore Airlines cut chief executive officer Chew Choon Seng's salary by 20 per cent and parked planes in response to a global travel slump. It didn't touch the $11 million– Bloomberg; FILE PHOTO - 603 words
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Article, Illustration608 2009-12-02 2 ANTHONY ROWLEY - ANTHONY ROWLEY Steps to prepare ground could begin within six months [SINGAPORE] China is now responding "positively" to Japanese Prime Minister Yukio Hatoyama's call for the launch of an East Asian Community and first preliminary steps to prepare the ground for such a community608 words
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Article, Illustration726 2009-12-02 4 Bloomberg Smaller amount involved eases market panic in recent days: analyst [DUBAI] Dubai World began talks with banks to restructure US$26 billion of debt, including US$3.5 billion owed by property unit Nakheel, and said that the remainder of its liabilities are on "a stable– Bloomberg; AP - 726 words
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481 2009-12-02 4 Reuters [DUßAl] Dubai World is looking to hold on to key revenue-generating assets including port operator DP World and its stake in Standard Chartered, but creditors may yet force it to part ways with prized entities. The troubled state-con-trolled conglomerate on Monday■ Reuters - 481 words
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Article, Illustration550 2009-12-02 4 CONRAD TAN - CONRAD TAN By [SINGAPORE] The damage wrought by the financial crisis has reminded private banks and their wealthy customers of the need for careful risk management, and triggered subtle shifts in the industry and clients' attitudes, says the head of private550 words
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731 2009-12-02 4 ANDREW MARKS - ANDREW MARKS But worries linger over risks in global economy, markets WALL Street got back to business on Monday after a holiday-shortened week, and found a heaping plate of worries waiting for investors to digest. Two sets of worries were foremost.731 words
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Advertisement157 2009-12-02 3 ©LEXUS The Pursuit Of Perfection WITH SO MANY WORLD FIRSTS, o o o DRIVING ONE OF OUR IDEAS. Inspiring an Industry. The new Lexus LS 460. In the realm of automobile innovation, perhaps no other vehicle is more pioneering than the Lexus LS 460. From the Advanced Parking Guidance System157 words
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Advertisement539 2009-12-02 4 Licensed Insurance broking firm for sale or joint venture with ongoing business. Interested, kindly email: anvoonBB@yahoo.com IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CAP. 50 SIEM DEVELOPMENT PTE. LTD la^SSSS^^itßSm Company Registration No. *****5040 C \°>539 words
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COMPNY NEWS
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Article, Illustration401 2009-12-02 5 JAMIE LEE - JAMIE LEE EGM called to oust CEO, chairman and an executive director A BOARDROOM tussle is shaping up at HG Metal Manufacturing, after a non-executive director pushed for three key board members to be removed from the company. Substantial shareholders Lingco Marine and Lingco401 words
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644 2009-12-02 5 SIOW LI SEN - SIOW LI SEN ALTHOUGH last week's stunning win by minorities of Global Investments Ltd (GIL) showed shareholder activism here is alive and well, it was also a sober reminder that retail investors bought into products they have little or no understanding of. One seasoned fund644 words
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386 2009-12-02 5 JOYCE HOOI - JOYCE HOOI By ASIA Tiger soon to be renamed The Think Environmental Co Ltd is exploring ways to fund its change of stripes. After announcing a shift in focus from office equipment manufacturing to renewable energy, chief executive Tan Kuan Hong said yesterday the386 words
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Article, Illustration415 2009-12-02 6 NISHA RAMCHANDANI - NISHA RAMCHANDANI Cash distribution of 5 cents a share will be by way of a capital reduction UNABLE to reach a consensus on the use of the company's surplus cash reserves, the board of Thakral Corporation has unanimously proposed to return $130.6 millionFILE PHOTO - 415 words
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209 2009-12-02 6 SINGAPORE Telecommunications has joined hands with Japanese IT services firm KVH to offer trading houses a new high-speed network between Singapore and Japan. The two companies yesterday signed an agreement to develop and operate an "ultra low latency" network for the financial209 words
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608 2009-12-02 6 UMA SHANKARI - UMA SHANKARI FITCH Ratings says a recent proposal by some Sin-gapore-listed real estate investment trusts (S-Reits) to introduce distribution reinvestment plans (DRPs) for unitholders is positive from a ratings standpoint. But the ratings agency pointed out that S-Reits' effectiveness in retaining cash608 words
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Article, Illustration385 2009-12-02 6 ONG BOON KIAT - ONG BOON KIAT WITH an eye on Chinese manufacturers, Creative Technology has leapt into the mobile phone segment with the unveiling of a 3.5G concept smartphone during the company's inaugural Zii Summit event in Shenzhen yesterday. The svelte-looking handset is a showcase for the company's new385 words
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Article, Illustration343 2009-12-02 6 JOYCE HOOI - JOYCE HOOI By YEAR 2010, the year widely anticipated to put the abysmal experience of 2009 firmly in the past, is being greeted with marked caution by local fund managers, according OCBC Bank's Wealth Management unit's latest fund poll. Most of the 16 fundAP - 343 words
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Article, Illustration323 2009-12-02 10 JAMIE LEE - JAMIE LEE Dual listing in HK raises hopes of an upward revision of share price here SHARES of China XLX Fertiliser surged more than 25 per cent over four trading days on hopes that its coming dual listing in Hong Kong will promptBloomberg - 323 words
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248 2009-12-02 10 SINGAPORE Press Holdings (SPH) is restoring half of the pay cuts it introduced in April. The cost-cutting measure, which came amid adverse business conditions resulting from the global economic crisis, saw the basic monthly salaries of staff earning more than $2,000248 words
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341 2009-12-02 10 UMA SHANKARI - UMA SHANKARI A 50-50 JV will be formed to develop a 3.8 sq km site PAN Hong Property Group said yesterday it has signed a letter of intent (LOI) with the government of Deqing County in China's Zhejiang341 words
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Article, Illustration220 2009-12-02 10 CHINA'S Tianjin Eco-City will have a "first-of-its-kind" green central business district (CBD), the company leading the Singapore consortium involved in the project said yesterday. Keppel Corp, which heads the Singapore consortium, said the consortium's joint venture company Si-no-Singapore Tianjin Eco-City Investment and Development (SSTEC)FILE PHOTO - 220 words
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COMPANY BRIEFS
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47 2009-12-02 10 LIANG Huat Aluminium Limited said that it has been awarded a $7.2 million sub-contract by the Far East Organization to supply aluminium and glazing works at the condominium project, JARDIN. The work is expected to be completed by mid-2011.47 words
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Article48 2009-12-02 10 AUSGROUP Limited has been awarded a As3o million (Ss3B million) contract by Woodside Energy Ltd.The contract will start on Dec 1, 2009 for an initial term of three years with three successive one-yearly options. The contract value is only for the initial three years.48 words
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56 2009-12-02 10 KINGSMEN Creatives has clinched two contracts worth $4.5 million to provide audio visual multimedia, signages, exhibition interiors and facility management services for the Singapore Pavilion at the World Expo 2010 held in Shanghai. Kingsmen is finalising several other contracts and expects contract values at World56 words
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63 2009-12-02 10 TSH Corporation is proposing a renounceable, non-underwritten rights issue of up to 60.11 million new shares at an issue price of $0,067 per rights share, on the basis of one rights share for every three existing shares in the capital of the company.63 words
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61 2009-12-02 10 KHONG Guan Flour Milling has reported a net profit of $3.28 million for the half year ended Oct 31, 2009, against a net loss of $1.58 million for the same period the year before. This was despite revenue falling 7.2 per cent to61 words
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Advertisement832 2009-12-02 5 Roi? htSISSUeQtSSOI3 APPLICATIONS Perils 44.70/0 Discount I CLOSE T-. 1 Global tothelosttradedpricepriortoßighfclssueannouncement 3 DECEMBER f|o Q H 3.1 iGriQ GTOSU D DIV harmonyinmotion 47.8% DJSCOUIIT to the one-month VWAP® prior to Rights Issue announcement 1 I I tomorrows energy is real. Over 150 airport logistics projects in more than 40832 words
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Page 6 Advertisements
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Advertisement991 2009-12-02 6 IN THE MATTER OF T I" the Matter Of THE COMPANIESACT, CAP. 50 The Companies Act, Cap. 50 (I)APP PROPERTIES PTE LTD A"6 n ra\ »c daScic nnvni dtc i m VERTICAL ADVENTURE PTE. LTD fl»wSffi«s C° R^ No. M*****81R ®£ZSSlmam AEROPHILE ■fISSS' ISI PR' VATE [4)BLUECAPPTE.LTD. c R No991 words
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Advertisement26 2009-12-02 6 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES HI26 words
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Advertisement144 2009-12-02 7 Engineering a Sustainab Bu -ivironmeni Js^ I I Jhs!Sv ilii Mil lll'' "Mii^i I I i^H I 1V(|1|l. "P^l^J 9W9^ I r\* o^tr Melbourne (Head Office] Abu Dhabi Adelaide Bahrain Bangkok Beijing Brisbane Chennai Dallas Doha Dubai Hanoi Ho Chi Minh City Hong Kong Islamabad Jakarta Jeddah Karachi Kuala Lumpur144 words
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SINGAPORE MARKETS
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Article, Illustration837 2009-12-02 8 OH BOON PING - OH BOON PING CURRENCIES Few fresh measures likely to limit yen's gains after BOJ meeting TWO closely watched events influenced trading in currency markets yesterday. The first was a rate increase by the Reserve Bank of Australia (RBA), which initially sent the837 words
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Article98 2009-12-02 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 14 1 0 0 0 0 14 1 0 Manufacturing 79 32 63 13 84 35 76 Commerce 34 13 17 38 15 22 Tpt/Stor/Comms 26 27 Finance 18 18 Construction 12 1398 words
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Article121 2009-12-02 8 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 23.714 23.714 71.002 71.002 Manufacturing 274.294 16.958 291.252 213.246 940 214.186 Commerce 110.568 9.247 119.815 132.134 2.483 134.618 Tpt/Stor/Comms 103.393 7.469 110.862 155.653 1.426 157.079 Finance 33.732 33.732 302.333 302.333 Construction 40.625 4.645 45.270 6.603121 words
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Article112 2009-12-02 8 Stock name Close Cham CapitaLand 4.060 4-0.030 CapitaMall 1.760 4-0.040 CityDev 10.180 4-0.180 ComfortDelGro 1.530 4-0.050 Cosco Corp 1.090 4-0.020 DBS Grp 14.360 4-0.040 F&N 3.990 4-0.010 Genting SP 1.100 4-0.030 Golden Agri 0.470 4-0.010 HK Land 4.900 -0.050 JMH 29.640 4-0.100 JSH 17.420 4-0.020 JardineC&C112 words
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Article750 2009-12-02 8 JOYCE HOOI - JOYCE HOOI Singapore Telecommunications Sector OCBC INVESTMENT RESEARCH, Dec 1 SINGAPORE will start rolling out the Next Generation National Broadband Network (NBN) from 2010 onwards as part of its N***** Master Plan. Sing Tel and Star Hub will have big roles to play the former as the NetCo750 words
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Article, Illustration572 2009-12-02 8 R SIVANITHY - R SIVANITHY STOCKS AFTER losing 30 points on Monday, the Straits Times Index yesterday bounced up by 38.83 points to 2,770.95 in line with similar gains in regional markets that was in all likelihood due to buying in anticipation of a Tuesday rise572 words
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Article63 2009-12-02 8 Ded VALUE CLOSE BT OB/OS -535.00 -73.0 BT CADI -*****.00+195.0 BT 10-day MA -*****.00 -53.00 FTSE ST Mid Cap 649.39 +6.86 FTSE ST Small Cap 511.29 +9.20 FTSE ST All Share 679.76 +9.30 FTSE ST China Top 265.27 +3.37 FTSE ST China 290.59 +0.16 FTSE ST Catalist63 words
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Article57 2009-12-02 8 VOLUME Golden Agri 79,508,000 Yinq Li 57,825,000 Gentinq SP 41,398,000 CapMallsAsia 25,859,000 Yanqzijianq 23,700,000 UniFiber 23,625,000 FrasersComm 22,091,000 Thakral 21,152,000 China Milk 19,686,000 Noble Grp 19,283,000 VALUE(S) DBS Grp 167,061,256 Capita Land 74,427,882 UOB 62,039,265 CapMallsAsia 60,056,100 Noble Grp 58,734,770 Sing Tel 45,366,390 Gentinq SP 44,915,570 Olam57 words
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Article109 2009-12-02 8 CLOSE UP ***** 304.0 1.9 GLD 10US$ DBXT FTVietnam 10US! 4867 125.7 1.9 DBXT Ni 10US$ ***** 89.8 0.' China H 10US 1723 62.2 2.7 DBXT FTChina25 10US$ 3117 60.8 1.4 UOB 1940 56.0 3.0 OCBC Bk5.1%NCPS 100 ***** 30.0 0.3 UOB.ES.0912 1918 30.0 1.6 Haw Par Con 585109 words
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Article118 2009-12-02 8 CLOSE DOWN OCC3.93% NCPS10 8220 -80.0 -1.0 Great Eastern 1298 -70.0 -5.1 STXPO 100 1330 -46.0 -3.3 DBS.ES.0912 1424 -26.0 -1.8 DBS Bk6% NCPS 10 ***** -18.0 -0.2 DBS RBeCW*****8 29 -14.5 -33.3 Russia 10US$ 372 -12.4 -2.4 Deloni 93.5 -8.5 -8.3 DBS BNPeCW*****8 95 -8.0 -7.8 DBS RBeCWI*****118 words
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Article83 2009-12-02 8 D«1 %CHNG CLOSE FRNOV30 YR2009 S$ LOW S$ HIGH USS 1.3818 0.12 1.5579 1.3809 Euro 2.0817 -0.01 2.0952 1.9150 Pounds 2.2822 0.18 2.4366 2.0356 AS 1.2746 -0.66 1.2942 0.9453 Yen* 1.5904 0.56 1.7278 1.4831 Rupiah* 0.***** 0.02 0.***** 0.***** Baht* 4.1627 0.06 4.3390 4.1040 Peso* 2.948583 words
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Advertisement126 2009-12-02 9 THINK Future. THINK Environmental. Asia Tiger Group Limited is now The Think Environmental Co Ltd, the leader in renewable energy solutions. Our waste management and energy solutions and biomass power plants are already in operation. And we are investing in these proven green technologies today to provide the global community126 words
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Advertisement780 2009-12-02 10 I I novena. consumer lifestyle group NOVENA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****7300 M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 3 Phillip Street #08-04 Commerce Point Singapore *****3 on 18780 words
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Advertisement570 2009-12-02 10 NOTICE OF EXTRAORDINARY GENERAL MEETING OF HG METAL MANUFACTURING LIMITED (THE "COMPANY") (Incorporated in Singapore) (Company Registration Number: *****2660 D) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the members of the Company called pursuant to Section 177 of the Companies Act (Cap. 50) (the "Act")570 words
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Advertisement18 2009-12-02 10 Place your AGM and EGM notices in our newspapers. Kg Call 1800 289 8822 or email notices@sph.com.sg. Bj18 words
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Page 11 Advertisements
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Advertisement199 2009-12-02 11 The Hour Glass Celebrates 30 Years At The Hour Glass, we understand that a timepiece goes beyond time-telling. It is your trusted companion; faithfully accompanying you through all the most significant moments of your life, transcending to the next generation. We are proud to be able to accompany you on199 words
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SINGAPORE NEWS
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Article, Illustration484 2009-12-02 12 CHEN HUIFEN - CHEN HUIFEN Worst hit are F&B, electronics, retail, construction and chemicals firms SMEs in the electronics and retail sectors were struggling to get paid on time in the second quarter of this year. According to an analysis of trade payment patterns,■: DP SME Credit Bureau - 484 words
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291 2009-12-02 12 TEH SHI NING - TEH SHI NING Oxford tapping Tembusu's network, knowledge to better market its products in Asia-Pac CONSULTING firm Oxford Analytica will establish its first Asia-Pacific office in Singapore in March in a joint venture with locally based private equity firm Tembusu Partners. The291 words
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Article, Illustration421 2009-12-02 12 OH BOON PING - OH BOON PING Bank economist also does not expect a W-shape recovery ASSET bubbles will not be a problem in Asia until 2010 and beyond, even though policymakers appear well aware of the risks of excess liquidity in the system, sayAP - 421 words
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506 2009-12-02 12 FELDA CHAY - FELDA CHAY Raising supply and quality is most critical factor: CEO THE childcare sector faces a shortage of teachers as enrolments increase and more centres are built to meet rising demand, Chan Tee Seng, chief executive of NTUC First Campus, said yesterday.506 words
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SINGAPORE ROUNDUP
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57 2009-12-02 12 MICROSOFT, Singapore Polytechnic and CyanSYS yesterday announced a partnership to offer Microsoft Dynamics Business Management Solutions electives to students at Singapore Polytechnic's School of Digital Media and Infocomm Technology. The aim of the partnership is to give students a strong foundation in IT skills, build57 words
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43 2009-12-02 12 STAR Automotive Centre yesterday launched its new headquarters and flagship centre. The complex is "the largest independent automotive centre in Singapore, boasting state-of-the-art equipment to meet all of one's motoring needs", the division of Singapore Technologies Kinetics said.43 words
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Article26 2009-12-02 12 THE Association of Small and Medium Enterprises (ASME) has re-elected the chairman and chief executive of Crescendas Group, Lawrence Leow, as president.26 words
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168 2009-12-02 12 THE Infocomm Development Authority (IDA) will welcome seven fresh faces from various sectors to its board. IDA said that the new board members chosen to serve a two-year term include Yahoo Mobile managing director for Asia Matthias Kunze; Steve Leonard, president for Asia-Pa-cific and168 words
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275 2009-12-02 12 JERMAINE NG - JERMAINE NG By A DOZEN Singapore furniture companies have returned from the Index Dubai 2009 furniture and interior event with impressive results. Apart from $600,000 of on-the-spot orders, project sales of $29 million are expected over the next 12 months. The Singapore contingent275 words
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156 2009-12-02 12 AFTER a turbulent 2009, what changes can businesses expect in the economy next year? And how can they use the opportunities ahead to grow? These and other questions will be answered at the Bth annual Business Outlook Forum on Jan 8, jointly organised156 words
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ASIA MEDIA FESTIVAL
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Article, Illustration1119 2009-12-02 13 CONTENT is king in the media world. And as far as Singapore goes, the authorities are pulling out all the stops to keep the Republic firmly planted on the throne. While previous efforts under the Media 21 blueprint have borne fruit by creating a vibrant local media1,119 words
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369 2009-12-02 13 WINSTON CHAI - WINSTON CHAI By SINGAPORE is set to steal the limelight as some 5,000 media professionals from around the world hit town for the Asia Media Festival (AMF) 2009 being held from today until Friday. Hosted by the Media Development Authority (MDA), the369 words
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Advertisement176 2009-12-02 13 1503^1 llfTfS BPPIM SPONSORS: Digital Future Series Dec 2 Suntec Singapore, x^ Aff /L fe The Role of Music in Film and TV ATF Conference Theatre Reed Exhibitions (V| %i€<V Play a game at WWW.smf.sg (www.asiatvforum.com/en/) Hall 601 m^JSk. S\/\ Or at the Sin9apore Pavilion Te7evisio~n Award's Dec 3 ~Pan~Pacific~Hotel176 words
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ECONOMY WATCH
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Article, Illustration698 2009-12-02 14 J Bloomberg New upswing in economy will last several years, central bank says [SYDNEY] Australia's central bank raised its benchmark interest rate by a quarter percentage point for an unprecedented third straight month as evidence mounts that the country's economy is strengthening. Reserve— J – – Bloomberg; AFP - 698 words
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360 2009-12-02 14 -NYT Move shows Fed's preparations getting more concrete [WASHINGTON] The Federal Reserve said on Monday that it would begin testing its strategy to shrink its tril-lion-dollar portfolio of mort-gage-backed securities and eventually unwind its biggest programme to prop up financial-NYT - 360 words
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586 2009-12-02 14 Reuters They blame lost US manufacturing jobs on trade pacts [WASHINGTON] A group of US senators has urged President Barack Obama to back legislation requiring the renegotiation of the North American Free Trade Agreement (Nafta) and a long list of other trade pacts that they– Reuters - 586 words
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Article, Illustration402 2009-12-02 14 Bloomberg [WASHINGTON] President Barack Obama's economic stimulus package has generated between 600,000 and 1.6 million jobs, according to a new government report. The nonpartisan Congressional Budget Office said the US$7B7 billion stimulus package approved in February lowered the nation's unemployment rate– Bloomberg; AFP - 402 words
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526 2009-12-02 14 ■Reuters, AP But central bank in no rush to raise rates, traders say [SEOUL] South Korean exports climbed above year-ago levels for the first time in 13 months in November and inflation picked up. But more evidence of economic recovery■Reuters, AP - 526 words
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Advertisement28 2009-12-02 14 FIND THE ONES h CT THAT FIT! C Recruit the right people I__3 ithrough CATS Recruit. Call 1800 289 8822 or email \/-> f*^ recruit@sph.com.sg j to advertise. t>^28 words
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MALAYSIA/INDONESIA
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750 2009-12-02 15 Reuters Move aims to boost investment and growth after a decade of stagnation following 1998 Asian crisis [KUALA LUMPUR] Malaysia will undertake further economic reforms aimed at boosting investment and growth after spending a decade "stagnating" in the wake of the 1998 Asian financial crisis,Reuters - 750 words
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Article, Illustration383 2009-12-02 15 -Reuters [JAKARTA] Indonesia's parliament yesterday agreed to investigate the government's bailout last year of a small lender, Bank Century, as more than a thousand people rallied outside calling for two key ministers to resign. Finance Minister Sri Mulyani Indrawati and Vice-President Boediono, two of-Reuters; AFP - 383 words
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BRIEFLY ASIA
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94 2009-12-02 15 -AFP [HONG KONG] China has approved plans by Macau to reclaim an area of land equivalent to 500 football pitches in a bid to ease a shortage of space in the Asian gambling hub, the territory's government said yesterday. The scheme calls for the reclamation-AFP - 94 words
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93 2009-12-02 15 Reuters [BEIJING] The governor of China's largest corn producing province has been designated the next agriculture minister, government sources said yesterday, as part of a larger reshuffle to groom the country's "next generation" of leaders. Han Changfu, 55, governor of Jilin province since 2007, will– Reuters - 93 words
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100 2009-12-02 15 Reuters [NEW DELHI] India said yesterday it approved 17 foreign direct investment proposals worth 45.51 billion rupees (Ssl.3 billion), but rejected a tie-up between Europe's EADS and India's top engineering firm Larsen Toubro. The statement issued by the Foreign Investment Promotion Board (FIPB), theReuters - 100 words
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79 2009-12-02 15 -Reuters [NEW DELHI] India needs to stock enough sugar to meet demand for three to four months at the end of the marketing year to Sept 30, the government said, indicating the country may import more sugar than previously estimated. Farm Minister Sharad Pawar-Reuters - 79 words
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70 2009-12-02 15 Bloomberg [NEW DELHI] India's exports declined the least in 10 months in October as economic recovery in the US and Europe increased demand for the South Asian nation's gems, jewellery and leather products. Merchandise shipments dropped 6.6 per cent from a year earlier after– Bloomberg - 70 words
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510 2009-12-02 15 -AP Despite this, forests earned Indonesia USs6.6b in 2007 [JAKARTA] Corruption and mismanagement inside Indonesia's lucrative forest industry now costs the developing country US$2 billion a year the equivalent of its entire health budget, a human rights report said yesterday. Human Rights Watch-AP - 510 words
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Article, Illustration376 2009-12-02 15 Reuters [KUALA LUMPUR] Maxis Bhd, Malaysia's largest mobile phone service provider, says growth in voice and data subscription drove pretax profit up 4 per cent, in its first quarterly results since listing last month. Rising domestic demand for wireless broadband■ Reuters; AP - 376 words
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326 2009-12-02 15 -AFP [KUALA LUMPUR] The Malaysian government's 5 per cent growth target for 2010 is not realistic and could further inflate the budget deficit, a leading Malaysian think tank warned yesterday. Malaysia in October forecast its exportdependent economy to grow by a-AFP - 326 words
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Page 15 Advertisements
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Advertisement21 2009-12-02 15 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.21 words
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GREATER CHINA/ INDIA
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Article, Illustration609 2009-12-02 16 -Reuters An HSBC poll and an official index show China has recovered from the downturn [BEIJING] China's economy is ending the year on a strong note, laying the foundations for solid expansion in 2010, a pair of business surveys showed yesterday.-Reuters; AFP - 609 words
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Article180 2009-12-02 16 Reuters [BEIJING] Chinese leaders plan to hold their annual economic policy-making conference from next Monday to Wednesday to chart the course for 2010, government sources told Reuters. The Central Economic Working Conference, which will be attended by senior officials from both central and local governments,– Reuters - 180 words
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Article, Illustration364 2009-12-02 16 -Reuters, Bloomberg USslo.Bm for diamond puts shine back in gem market [HONG KONG] A rare, five carat pink diamond was auctioned off for a record US$lO.B million here yesterday, putting some shine back into the world's rare and large stones market which was-Reuters, Bloomberg; REUTERS, BLOOMBERG - 364 words
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449 2009-12-02 16 Reuters [HONG KONG] Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor's Volvo unit, is seeking at least US$l billion in loans from Chinese banks to finance its US$l.B billion bid, sources said yesterday. Home-grown Geely,■ Reuters - 449 words
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366 2009-12-02 16 -Reuters [BEIJING] China has kicked off its first global hiring campaign for money managers to help invest its US$2.3 triUion of foreign exchange reserves, the world's largest stockpile, an official said. The State Administration of Foreign Exchange (Safe) is seeking to improve returns-Reuters - 366 words
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561 2009-12-02 16 Bloomberg [NEW DELHI] India's central bank may withdraw more stimulus measures by the end of the year after Asia's third biggest economy grew at the fastest pace in six quarters. "The chances of a rate move before the end of December have risen,"Bloomberg - 561 words
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287 2009-12-02 16 Reuters [BEIJING] China, the country that introduced the world to formerly obscure chemicals such as melamine and diethylene glycol via a series of product safety scandals, is now hoping to salvage its image through an advertising campaign. The 30-second ads, played initially■ Reuters - 287 words
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INDIA
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641 2009-12-02 17 -NYT Acute shortage of pluckers in Kerala threatens survival of one of its most important industries [PETTAH, India] As he approaches his first tree of the day, S Mohan presses his calloused palms together and bows his head. "Oh God, I am-NYT - 641 words
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Page 17 Advertisements
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Advertisement272 2009-12-02 17 1 »m HM HUM k^i i f m Bi Experience Christmas with that Magical Hilton Touch. i Festive Feast at Checkers Brasserie Celebrations at The Harbour Grill Oyster Bar B^^^y^^KflSß I Lobby Level Level 3 P^fejJ^ft^^^^felJPß Christmas Eve, 24th December Christmas Eve, 24th December is£§?3l^\iP?£lKSKiPl Japanese Buffet Dinner, $IIO $I272 words
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ASIA-PACIFIC/WORLD
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Article, Illustration576 2009-12-02 18 -AFP Opposition Tony Abbott's victory dooms carbon cuts by Aussie govt [SYDNEY] A colourful cli-mate-change sceptic seized control of Australia's opposition on Tuesday, vowing to kill carbon trading legislation ahead of UN talks, a step that could trigger snap polls. Right-wing maverick Tony Abbott ousted Liberal-AFP; AP FILE PHOTO - 576 words
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341 2009-12-02 18 -Bloomberg LATEST US DATA [NEW YORK] The number of contracts to buy US previously owned homes unexpectedly rose in October as consumers rushed to take advantage of a tax credit that was due to expire. The index of signed purchase agreements,-Bloomberg - 341 words
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468 2009-12-02 18 Reuters Defendant is aunt of ringleader in insider scheme [NEW YORK] A federal judge has ordered a retired Croatian seamstress to pay more than US$5.7 million for her role in an insider trading ring involving two former Goldman Sachs Group Inc employees. US District■ Reuters - 468 words
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Article, Illustration583 2009-12-02 18 Bloomberg [SAN FRANCISCO] Cyber Monday e-commerce sales in the US that topped some analysts' estimates are unlikely to change the outlook for a slowdown in retail spending this holiday shopping season. Online purchases rose 11 per cent through 6:3opm New York time■ Bloomberg; AFP - 583 words
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WORLD WATCH
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59 2009-12-02 18 Reuters [NEW YORK] International Business Machines Corp (IBM) said on Monday it had bought database security company Guardium, aiming to expand its software portfolio and help its business clients protect their databases from hacking and fraud. IBM did not disclose how much it paidReuters - 59 words
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92 2009-12-02 18 -AFP [BANGKOK] Thailand's government yesterday withdrew a tough security law after supporters of fugitive former prime minister Thaksin Shinawatra postponed mass rallies in Bangkok. The government had invoked the Internal Security Act across Bangkok from Nov 28 until Dec 14 to clamp down on protests-AFP - 92 words
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68 2009-12-02 18 AFP [VIENNA] Japanese diplomat Yukiya Amano took the helm yesterday of the UN atomic watchdog, pledging a steady hand to steer the agency through the storm surrounding Iran's nuclear drive. Mr Amano is taking over at a particularly difficult time for the InternationalAFP - 68 words
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400 2009-12-02 18 Bloomberg [WASHINGTON] The Obama administration has hailed a congressional report that predicts most Americans will pay no more for insurance coverage under healthcare legislation being debated in the United States Senate. On average, 134 million Americans insured through large employers will see no rise in premiums– Bloomberg - 400 words
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Page 18 Advertisements
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Advertisement13 2009-12-02 18 9U HOT 30 coiwrpow BPM TO 12MN WITH^Qi k 913FM1 TODIVS BEST MUSIC13 words
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WORLD
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Article, Illustration120 2009-12-02 19 AFP [LONDON] The effect of having huge, winter trees on three walls of one gallery may be slightly overwhelming. But not for British artist David Hockney posed here in front of his 2007 painting, Bigger Trees Near Water (left), which is displayed besideAFP - 120 words
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651 2009-12-02 19 AP, Reuters Earlier, shares fall on talk of USsllb shortfall to cover potential claims [NEW YORK] Insurance giant American International Group (AIG) has closed two transactions that reduce its debt with the Federal Reserve Bank of New York by US$25 billion through twoAP, Reuters - 651 words
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565 2009-12-02 19 NYT.AP GE will buy out Vivendi's stake for USss.Bb [PHILADELPHIA] General Electric has reached a tentative agreement that clears the way for the sale of NBC-Universal, including the flagship NBC network, to cable operator Comcast, according to people briefed on the negotiations.NYT.AP - 565 words
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Article, Illustration342 2009-12-02 19 AP, Bloomberg [THOUSAND OAKS, California] Tiger Woods withdrew on Monday from his own golf tournament, citing injuries from a car crash near his Florida home. He said that he would not compete again until next year. Woods said in a statement on his– AP, Bloomberg; AFP - 342 words
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601 2009-12-02 19 Bloomberg Prices have slumped 14% this year after peaking in July 2008 [NEW YORK] When Qatar's biggest natural gas shipment to the US arrived last month, it signalled to Barclays Capital and PFC Energy that this year's worst performing commodity investment won't recover– Bloomberg - 601 words
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478 2009-12-02 19 LAT-WP [WASHINGTON] The Obama administration on Monday promised tougher scrutiny of lenders participating in its marquee foreclosure prevention effort and threatened to penalise companies that don't do enough to help struggling homeowners. The move is aimed at breaking a bottleneck in the■ LAT-WP - 478 words
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AFTER THE BINGE
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Article, Illustration1338 2009-12-02 20 -NYT Dubai's travails have some economists wondering if another debt bomb may be lurking dangerously [NEW YORK] LIKE overstretched American homeowners, governments and companies across the globe are groaning under the weight of debts that, some fear, might never be fully paid back. As Dubai,-NYT; BLOOMBERG FILE PHOTO - 1,338 words
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429 2009-12-02 20 Reuters Economic recovery is still fragile, there are still risks: OECD [ESTORIL, Portugal] Dubai World's debt problems are awake-up call that the economic recovery is still fragile and that there are still risks, Organisation for Economic Cooperation Development (OECD) secretarygeneral Angel Gurria said. MrReuters - 429 words
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Article, Illustration737 2009-12-02 20 -NYT [NEW DELHI] THE debt crisis in Dubai is about to test one of the fastest-growing areas in banking, Islamic finance, and put the city-state's opaque judicial system on trial, according to bankers and experts in finance. Many loans and bonds that comply with Shariah,-NYT; ■ AFP - 737 words
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Page 20 Advertisements
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Advertisement23 2009-12-02 20 «*©#L I Lianhe Zaobao I I China's I I golf courses I h up from I I! 70 IB to over I 150023 words
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Transport HUB
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Article, Illustration698 2009-12-02 21 YEN SREENIVASAN - YEN SREENIVASAN However, most are still 50% off their 2007 highs, says lata WITH the operating environment showing signs of a sustainable recovery, airline stock prices have recovered more lost ground and are hovering on average around 15 per cent above their levels at theFILE PHOTO - 698 words
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310 2009-12-02 21 VINCENT WEE - VINCENT WEE By MARITIME products supplier Wilhelmsen Ships Service yesterday officially opened its new $5 million logistics and distribution centre near West Coast jetty, one of its largest regional distribution hubs. The 12,000 sqm facility will serve 28 countries in the Asia-Pacific, and310 words
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Article1293 2009-12-02 21 DAVID HUGHES - DAVID HUGHES STRAIT TALK Time to deploy protection detachments on vulnerable ships DEPRESSINGLY, unbelievably even given that we are living in the 21st Century, piracy remains the issue of the moment. It is, of course, specifically the activities of Somali pirate gangs that are inflicting such1,293 words
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353 2009-12-02 21 Reuters [LONDON] The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to over a two-week low on Monday with slower cargo activity and weaker sentiment taking their toll. The index, which gauges the cost of shipping resources includingReuters - 353 words
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183 2009-12-02 21 Bloomberg [SHANGHAI] China, the world's secondbiggest shipbuilding nation, will face a capacity glut from 2011 after yards work through existing orders and shipping lines slow new orders, according to a government official. Insufficient demand will be a "major problem" for asBloomberg - 183 words
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TRANSPORT STOCKS
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Article113 2009-12-02 21 '000 led Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Mercator Lines MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.67 0.33 1.09113 words
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Article37 2009-12-02 21 '000 )ec Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.92 8.93 8.84 3.10 3.13 unch 0.09 -0.01 0.08 unch -0.01 unch unch unch 4 569 2017 82 2 0 59237 words
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Article15 2009-12-02 21 ■oo led Baht Vol 'recious Ship Regional Cont .18.00 .10.30 0.60 0.30 1622 57315 words
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Article14 2009-12-02 21 '000 led HK$ Vol Doil iingamas Cont .34.45 ...1.29 -0.60 2570 0.02 *****14 words
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Article24 2009-12-02 21 '000 >ec 'eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 8.70 23.50 unch unch -0.10 unch unch unch 337 854 0 024 words
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Article25 2009-12-02 21 led HT$ Vol Evergreen Marine ...16.25 :irst Steamship 45.25 /Van Hai Lines 15.90 t'ang Ming Marine...11.40 -0.30 -0.70 0.40 0.05 14 3 2 525 words
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Article42 2009-12-02 21 '000 lee 'en (awasaki Hvy Ind ..217.00 (awasaki Kisen 252.00 Mitsubishi Hvy 288.00 Mitsui Eng&Sbldg...219.00 Mitsui Osk Lines 482.00 Mippon Express 379.00 MipponYusen 261.00 iource: Thomson Reuters 7.00 ***** 1.00 ***** 6.00 ***** 6.00 6513 -1.00 ***** -5.00 6532 -8.00 *****642 words
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TRANSPORT HUB: AVIATION
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Article, Illustration759 2009-12-02 22 Bloomberg Airline's H2 income expected to be stronger; aircraft orders unaffected [LONDON] Dubai's stateowned Emirates Airline said that the debt crisis afflicting the sheikhdom will not halt a surge in profit or threaten the carrier's independence and jetliner orders with Boeing Co– Bloomberg; i AFP - 759 words
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371 2009-12-02 22 Bloomberg [WASHINGTON] Screening for cargo shipped on passenger planes puts fliers at risk for terrorist attacks because of flaws including a lack of background checks of freight handlers, according to a US government report. Thirty per cent of 6,767 cargo inspectionsBloomberg - 371 words
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Article2825 2009-12-02 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brur 'dn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA2,825 words
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285 2009-12-02 22 -AP The airline recently announced 200 layoffs [HELSINKI] Finnair PLC said on Monday it will outsource some services and transfer 620 personnel as the struggling airline strives to cut costs amid the recession which has hit air travel worldwide. The Finnish national carrier-AP - 285 words
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241 2009-12-02 22 Bloomberg [DALLAS] US Airways Group Inc pilots asked federal regulators to investigate the carrier's proposed swap of flight slots with Delta Air Lines Inc at two airports, saying the plan may result in higher fares and job losses. Under the– Bloomberg - 241 words
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TRANSPORT HUB: LAND
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395 2009-12-02 23 Bloomberg The truckmaker may incur as much as 250 m euros in fines, paper reports [BERLIN] MAN SE's costs tied to investigations into possible illegal payments at Europe's third-largest truckmaker will be "significantly" less than 300 million euros (Ss62o million), a member– Bloomberg - 395 words
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Article, Illustration448 2009-12-02 23 AFP [SEOUL] South Korean police on Monday began clamping down on leaders of a railway strike which has halted 70 per cent of freight train services and started taking a toll on industry. Police said they summoned 44 union leaders forAFP; REUTERS - 448 words
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306 2009-12-02 23 Reuters [BANGALORE] Goldman Sachs maintained its "attractive" view on the European automotive sector and raised its price targets on some stocks, saying it expects the sector to continue to outperform driven by potential earnings surprises in 2010. Goldman expects earnings surprises from sources suchReuters - 306 words
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237 2009-12-02 23 Bloomberg [MUMBAI] Mahindra Mahindra Ltd, India's biggest farm-equipment maker, plans to introduce the nation's cheapest tractor to win sales among small farmers unable to afford current models. The 15-horsepower tractor, to go on sale nationwide next year, will cost about 150,000 rupees, Anjanikumar Choudhari,Bloomberg - 237 words
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Article, Illustration631 2009-12-02 23 -Reuters [OTTAWA] Canada's efforts to speed through legislation to halt a strike by Canadian National Railway's (CN) locomotive engineers hit a political roadblock on Monday, preventing an immediate end to the walkout. Two opposition parties, the New Democratic Party and the Bloc-Reuters; ~" * – i BLOOMBERG - 631 words
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404 2009-12-02 23 Reuters Around 25-30 m tonnes will be shipped to Asia [LONDON] Rail transportation of coal to SUEK's Pacific port of Vanino is to be restored in the next one to two days after being halted for over a week, Russian coalReuters - 404 words
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Page 22 Miscellaneous
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Miscellaneous249 2009-12-02 22 CRYPTIC CROSSWORD (4) manners (8) I H——^J——^^J—^^J—L the middle of lesson (6) 24 community (8) 22 A maths unit that's little short of brilliant (6) 23 Money coming in from gran- r r n O 6 Film gallery to the south of a 19 Draw a short time, having nies249 words
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Page 23 Advertisements
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Advertisement29 2009-12-02 23 fSiuii^jLT Low Li Choo SXXXX949D Li Zhengda SXXXX364E Tay Yanshan SXXXX7I7B Neo Jian Bin SXXXX264A Chin Yee Ti SXXXXI6IZ IS f'ri i djfijl^E K££l m&SElSwmW^r^mi %mMMMMMMMMMMMMMMMMM'M" i www.omy.sg y29 words
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EDITORIAL & OPINION
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455 2009-12-02 24 THE way that Dubai has handled the issue of the debt incurred by Dubai World the state-owned investment fund could have a serious long-term effect on the emirate's credibility as a financial hub. Last Wednesday, Dubai World announced that it wanted to delay repayment455 words
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Article, Illustration1104 2009-12-02 24 LEON HADAR - LEON HADAR Domestic resistance, rising global challenges make it tough for US to continue being No. 1 #m OU used to be big," says the B-movie hack screenwriter Joe Gillis (portrayed by William Holden) when he meets the faded and aging si-lent-film star NormaREUTERS - 1,104 words
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Article, Illustration774 2009-12-02 24 FRANK CHING - FRANK CHING THE BOTTOM LINE IN RECENT months, China has been advancing a concept that it had not used much before, that of its "core interests". Thus, President Hu Jintao, after talks with President Barack Obama, told the press that he had774 words
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Article, Illustration1354 2009-12-02 25 HOLGER STANDERTSKJOLD- NORDENSTAM - HOLGER STANDERTSKJOLD-NORDENSTAM Minimum outcome must be framework agreement on essential elements of new climate treaty, deadline for completion IN 1989, governments adopted the Montreal Protocol, a treaty designed to protect the Earth's ozone layer. Few could have foreseen how far-reaching that decision would prove toAFP - 1,354 words
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332 2009-12-02 25 Wen Khai Meng - Wen Khai Meng LETTER TO THE EDITOR WE refer to the Reuters report published in your paper, "The importance of perseverance, perfectionism and paranoia" (BT, Nov 27). Capita Land has always maintained a disciplined investment management strategy since its inception, buying and selling when332 words
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829 2009-12-02 25 DONALD A MARCHAND - DONALD A MARCHAND By WHAT happened in the first trillionth of a second after the Big Bang? How was matter created? Are there parallel worlds? Last year, scientists hoped that the world's largest ever science experiment the Large Hadron Collider (LHC) project829 words
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SINGAPORE STOCKS
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Article8759 2009-12-02 26 Transaction date: Dec 1 52-wks Tel |h Low Code Last Sale Vol COOP) Hi; Day Last Quote Div Gr Yld Net 111 Low Buyer Seller C'vr P/E M Cap Sniil Hi. Col 17 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 15 5000 ABRHIdgs 15.5 5.5 1938 AEI8,759 words
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Article1653 2009-12-02 27 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E $mil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3 3480 t Adventus 20 8.5 3518 t Afor 12.5 2 1524 t Alantac 11 4 78141,653 words
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Article422 2009-12-02 27 Hii Low Code Comi fete fogol Hii Low Big saw Cvr P/E ;mil 111 103 6389 ABFSG Bond ETF 110 undl 815 427 CIMBAsean40 1OOUS$ US802 +6 281 149 DBSSTIETF1OO 276 -1 4627 3534 DBXT DJE50 1OUS$ US4478 3282 1682 DBXT FTChina25 1OUS$ US3117 +44 5819 3228 DBXT422 words
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Article260 2009-12-02 27 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 offer260 words
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Article9464 2009-12-02 27 UNIT TRUST FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.086/ AIGIF Spore Bond Fund/A 1.37/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.11/ APS Alpha Fund (USD)!" 0.8/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM -Talents9,464 words
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Page 26 Advertisements
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Advertisement18 2009-12-02 26 If mmmtjm^V^'y tourbillon, minute repeater and fl'W/ "%s£& W^b^S^ SlsSi CHRONOGRAPH For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com18 words
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FINANCE & COMMODITIES
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378 2009-12-02 28 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov30 World Index Preliminary 801.2 0.0 18.2 -0.1 19.7 0.1 24.! t EAFE Preliminai 744.2 0.2 14.6 0.3 21.2 0.4 26.I Euro[ Prelim inan 1073.0378 words
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Article130 2009-12-02 28 As at 9am Dec! Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2560 1.2940 .an dollar 1.3040 1.3180 Euro 2.0660 2.0890 NZ dollar 0.9830 1.0040 jterlini ind 2.2630 2.2881 US dollar 1.3750 1.3900 Local dollars to 100 units of foreign currency:130 words
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Article174 2009-12-02 28 Dec 1 IS Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/8 ys$ 1/16 7/16 9/16 11/16 Offer 3716 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 0.25 0.29 0.35 0.38 0.55 0.90 0.95 Offer 0.20 0.24 0.25 0.28174 words
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Article26 2009-12-02 28 Dec 1 STI Dec 2741 2744 2763 IIMSCI Dec 328.2 332.5 332.0 "aiwan Dec 273.3 277.6 276.7 Source: MF Global (S) He. Ltd26 words
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Article22 2009-12-02 28 Dec! I SS Bid Offer 1-month 1.3822 1.3837 2-months 1.3826 1.3841 3-months 1.3829 1.3844 6-months 1.3835 1.3851 Source: OCBC22 words
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Article62 2009-12-02 28 Dec 1 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low }ec 09 2421 Ian 10 2469 =eb 10 2474 War 10 2475 FotaI o/p: ***** contracts 2455 2450 2418 138 1537 2482 2482 2431 2413 ***** 2495 2498 2445 7597 ***** 249662 words
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Article300 2009-12-02 28 Dec! OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.7275 99.6200 99.4850 99.2350 3760 8267 7191 3537 EUROYEN TIBOR FUTURES DecO9 99.505 99.560 Mar10 99.590 99.590 Jun10 99.590 99.650 Sep10 Dec10 Mar11 Jun11 Sep11 99.505 99.590 99.590 99.555 99.610 99.630 99.630 99.570 99.485300 words
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Article189 2009-12-02 28 Dec 1 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan 10 274.5 Feb 10 275.0 Mar10 277.0 Apr 10 May 10 Jun 10 273.0 274.0 277.0 274.5 275.0 277.0 279.0 280.0 281.0 30 20 20 598 723 764189 words
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Article81 2009-12-02 28 Dec! Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****E 04.03.2010 1-Year BY*****N 01.11.2010 0.47 0.51 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's igh 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 3.00081 words
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Article100 2009-12-02 28 Nov3o SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1060.50 1053.00 1069.25 1050.50 Mar 10 1066.00 1058.75 1074.25 1056.25 May 10 1068.75 1060.25 1076.00 1059.00 JuMO 1074.50 1065.50 1081.50 1064.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 40.19 40.10 40.46 39.88 Jan100 words
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Article77 2009-12-02 28 CRUDE OIL PRODUCTS Nov3o CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 77.40 0.54 WTI (Near Mth) 77.31 1.26 Dubai (1-Mth F) 77.59 2.32 Tapis blend 82.05 2.25 Minas 78.90 2.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 78.40 84.60 3.20 4.00 US$/barrel US! Opec Oil77 words
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Article441 2009-12-02 28 Dec! Australia 0.963 6.260 0.610 7.107 42.547 86.735 0.798 10.648 3.107 1.273 76.601 42.978 1.268 6.765 0.919 29.521 30.451 0.557 0.917 :anada 1.038 6.500 0.633 7.380 44.179 90.063 0.828 11.057 3.226 1.321 79.541 44.627 1.316 7.025 0.954 30.654 31.619 0.578 0.952 Ihina 0.160 0.154 0.097 1.135 6.796441 words
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Article69 2009-12-02 28 Dec 1 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates mth mths mths (S$) 0.***** 0.***** 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs 1.*****69 words
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Article157 2009-12-02 28 Dec 1 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2671 1.2685 0.9170 0.9171 Canadian dollar 1.3155 1.3175 0.9520 0.9525 Euro 2.0786 2.0812 1.5043 1.5046 NZ dollar 0.9954 0.9971 0.7204 0.7209 Sterlini md 2.2754 2.2785 1.6467 1.647:157 words
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Article129 2009-12-02 28 Dec 1 /oz) tec lov -long Kong 1193.00 1170.60 .ondon Nov30 Nov27 1172.00 1175.30 1172.80 1176.30 Source: Thomson Reuters CAST BAR (S$) Dec 01 Buying Sellim Kilobar "56,128.99" ***** PAMP GOLD BARS (S$) Selling Buying gm jgm Ogm !0gm JOgm OOgm oz ozUBS Kinebar™ 126.26 357.38 637.72 1201.61129 words
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Article70 2009-12-02 28 Nov3o\ iri iiuiii, yy.i (US$/tonne) Co Close Previous Cash 2029.00 1986.00 3 months 2058.00 2016.00 Copper, Grade A (US$/tonne) Cash 3 months 6902.75 6930.00 6825.00 6855.00 Lead (US$/tonne) Cash 2315.75 3 months 2345.00 2272.00 2300.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 370 words
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Article74 2009-12-02 28 Nov3o :OCOA (Btonne) Close Prev Hii ih/Low Dec 09 2140 2154 2184/2136 Mar 10 2173 2176 2206/2162 May 10 2194 2196 2222/2182 Jul 10 2166 2174 2194/2155 COFFEE (US$/tonne) Close Pev High/Low Nov09 1318 unch 1340/1320 Jan 10 1354 1332 1356/1333 Mar 10 1390 1371 1394/1374 SUGAR (US tonne)74 words
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2195 2009-12-02 28 BONDS,WARRANTS EXTENDED SETLEMENT Tel Code Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 2036AdvanceSCTLtdW*****9 0.5 1 15 16 4.57 1 87 1844 9.00 53 8 8756#AsiaticGrp(H) Ltd W*****2 8 4105#Asiatravel W*****7 35 unch 26 1 3 1.382,195 words
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Advertisement2926 2009-12-02 29 The Business Times Shipping Times M\ ___FV KEPI BCTI^IffITWffH JB^ffffißßßß WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M V l__i £BBmg9k WHBi^P V~ v |l|rf> TEL *****588 (14LINES) FAX:*****163 "^"^^J (^^"""^^B _H|__- EBfflS V^MRmI \\^^tt I WAN HAI INt PKLIEL: (03> *****838 FAX: <03| *****288 PEN HL: (04) *****00 FAX:2,926 words
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Advertisement3309 2009-12-02 30 n c eastern car liner, ltd inj§ £3®as& I \f-~__l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS~| I WEEKLY EXPRESS SAILING SCHEDULE I llßrffffliiTßHM VOY I RomplKT) I LillinglKT) SIN PKL )KT KUC |XX SUR IHSUiillMllßffllilliUSl^^ HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE at MALTA I \mKl^^^^^^^^3,309 words
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EXECUTIVE MONEY
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Article, Illustration1201 2009-12-02 31 LAT-WP There is a growing trend among Americans taking on huge risks to dabble in overseas markets, reports WALTER HAMILTON [NEW YORK] ANNY Mashhoud has done well investing in US stocks for two decades, but the 46-year-old Glendale, California, insurance executive fears the country's economy couldLAT-WP; REUTERS - 1,201 words
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Article994 2009-12-02 31 GRETCHEN MORGENSON - GRETCHEN MORGENSON NYT A ROBUST economic recovery in 2010 is certainly on most investors' wish lists as this year draws to a close. A return to prosperity would not only mean an end to our long financial nightmare, but it would also buttress aNYT - 994 words
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Article, Illustration962 2009-12-02 32 JENS JOERG LAUSCHKE - JENS JOERG LAUSCHKE A bond-unfriendly environment from as early as mid-2010 cannot be ruled out TALK of central bank exit strategies is intensifying and markets are pricing in higher policy interest rates in many economies for 2010. With projections for below-trend economic growth,AFP - 962 words
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705 2009-12-02 32 PAUL J LIM - PAUL J LIM ria is likely to die down. -NYT Earnings must rise to become catalyst for climbing prices IN the first leg of a bull market, when optimism and euphoria are ascendant, investors are willing to bet that the economy willria is likely to die down. -NYT - 705 words
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Advertisement717 2009-12-02 31 INTHE MATTER OF IN THE MATTER OF THE IN THE MATTER OF THE IN THE MATTER OF THE THE COMPANIES ACT CHAPTER 50 COMPANIES ACT, CHAPTER 50 COMPANIES ACT, CHAPTER 50 COMPANIES ACT, CHAPTER 50 AND AND AND c IN THE MATTER OF IN THE MATTER OF IN THE MATTER717 words
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Advertisement180 2009-12-02 31 Jjj^t /^WINGING with special guest vocalist CARMEN BRADFORD (USA), also featuring CLARESSA MONTEIRO (Singapore), DAVID GOMES (Malaysia) 19 Dec 09, Sat, 7.30pm, Esplanade Concert Hall In collaboration with Esplanade Theatres on the Bar (UOmins, with intermission) off the yuletide season in swinging, jazzy style. $40* $60** $80 As tinsel and180 words
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Advertisement175 2009-12-02 32 _JMOW OPEN!_ Jj) EnviroAsia2oo9 The 4th International Environmental Technologies Exhibition Conference 1-4 December 2009 Suntec Singapore, Level 4 Opening Hours: 10.30 am 6pm Meet These Companies at the Singapore Pavilion <|>wmras Q(g! sChem DIGI-TEST PTE LTD WASTE MANAGEMENT AND DIGI-TEST PTE LTD ECHEM INSTRUMENTS ECOWISE SOLUTIONS RECYCLING ASSOCIATION PTE LTD175 words
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Advertisement11 2009-12-02 32 Call 6-222 6868 to find out Account Serve mOfG tOQ3y. www.AccountServe.com.sg11 words
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Page 32 Miscellaneous
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Miscellaneous7 2009-12-02 32 INVESTING Not for the faint-hearted PAGE 317 words
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