The Business Times, 12 August 2010
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2010-08-12
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The Business Times
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Title Section23 2010-08-12 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, August 12,201023 words
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Article, Illustration741 2010-08-12 1 TEH SHI NING - By TEH SHI NING [SINGAPORE] Tiger Balm maker Haw Par Corporation has received a stern warning from the United States drug regulator for violating manufacturing standards at its Singapore plant. The company was also berated for “misbranding” a pain-relief patch as an external741 words
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Article, Illustration803 2010-08-12 1 EMILYN YAP - It snaps up DBS Towers One and Two for $870m as chairman Riady makes statement of intent By EMILYN YAP [SINGAPORE] Overseas Union Enterprise (OUE) has bought DBS Towers One and Two for $870.5 million or around $970 per sq ft ofFILE PHOTO - 803 words
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Article142 2010-08-12 1 ST INDEX 2,949.26 (-35.03) ST INDEX FUTURES 2,938 (-35) SIMSCI 347.34 (-4.87) SIMSCI FUTURES 345.50 (-5.30) FOREX US$ S$ US$ (S$ per US$) 1.359 (US$/S$ per 1.580 2.147 EURO (US$/S$/E) 1.306 1.775 Foreign currency per US$ S$ YEN 85.10 62.60 RM 3.170 2.332 HK$ 7.766 5.713 BAHT 31.94142 words
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Advertisement142 2010-08-12 1 BizIT Youth Olympics to be a test of IT infrastructure PAGE 27 FINANCE Stanchart ups the ante in fight for consumers PAGE 4 MEDIA Match-making the future of TV PAGE 4 RETAIL Shoppers clean up at this year’s GSS PAGE 10 JGU Jaeger- leCoultrp> u i HAVE YOU EVER WORN142 words
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TOP STORIES
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Article552 2010-08-12 2 OUE strikes a towering deal on Shenton Way OVERSEAS Union Enterprise has bought DBS Towers One and Two for $870.5 million or around $970 per sq ft of net lettable area, inking the largest commercial property deal in Singapore so far this year and perhaps since mid-2008. FRONT552 words
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Article, Illustration786 2010-08-12 2 ANDREW MARKS - Stocks plunge on concern that a double-dip recession in US is a possibility By ANDREW MARKS MARKETS around the world plunged yesterday as disappointing Chinese economic data added to a gloomy outlook voiced by the US Federal Reserve the day before. TheBLOOMBERG - 786 words
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Article, Illustration593 2010-08-12 2 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] Foreign corporates are sitting up and taking notice of the local bond market following Khazanah Nasional’s landmark $1.5 billion sukuk issue last week. Bankers say that these corporates realise that not only could Singapore’s debt marketFILE PHOTO - 593 words
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Article, Illustration505 2010-08-12 4 EMILYN YAP - It extends rewards, services typically reserved for the rich to this segment By EMILYN YAP [SINGAPORE] Standard Chartered Singapore is upping the ante in the fight for consumers by extending rewards and services typically reserved for the rich to the “emerging affluent”.505 words
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Article239 2010-08-12 4 Bloomberg [LONDON] Swiss bank UBS AG’s unit in the UK has been sued for allegedly copying articles from oil and gas publications and reprinting them in their investment research distributed to clients. Energy Intelligence Group Inc, based in New York, said its publications which includeBloomberg - 239 words
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512 2010-08-12 4 NEIL BEHRMANN - Weak economy, revival of sterling also deter buyers By NEIL BEHRMANN ASIAN and other foreign buyers have become wary of UK residential property because of economic weakness and the recent revival of sterling. Surveyers and estate agents are concerned that the revival of London512 words
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535 2010-08-12 4 ANTHONY ROWLEY - By ANTHONY ROWLEY JAPAN received further bad news on the economic front yesterday as wholesale price deflation turned out to be worse than expected in June while corporate capital spending showed signs of weakening in the wake of a softening in exports. This came535 words
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Article730 2010-08-12 4 VICTORIA HO - By VICTORIA HO [SINGAPORE] Traditional TV is still its bread and butter, but StarHub is ensuring it has a stake in the Web TV pie, if that is where the future of entertainment lies. StarHub has announced a partnership with media agency Mindshare that establishes730 words
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Article, Illustration379 2010-08-12 4 NICHOLAS PAISNER - |£j§ REUTERS BREAKINGVIEWS By NICHOLAS PAISNER REGULATORS may be intent on making investment banking less risky. But it will never be the safest industry in which to work. The decision by Barclays Capital to axe around 400 back-office jobs some 2 perREUTERS - 379 words
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428 2010-08-12 5 RONNIE LIM - Waste-to-energy plant expected to start operating in 2015 By RONNIE LIM SEMBCORP plans to invest another $414 million in its waste-to-energy joint venture (JV) with SITA UK at the latter’s Teeside site in north-east England. The proposed project, Wilton 11, will428 words
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419 2010-08-12 5 NISHA RAMCHANDANI - By NISHA RAMCHANDANI KHAZANAH Nasional received sufficient acceptances by Tuesday to meet the condition for its $3.5 billion general offer for Parkway Holdings, making the offer unconditional. As at 5pm that day, Khazanah had received valid acceptances in respect of 458.36 million shares, representing419 words
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Advertisement34 2010-08-12 2 AAdvance Yo Career UniversityofOregon AppliedInformationManagement Master ScienceDegreeProgram YYoumanageinformation. AIMhelpsyoumaster TheAIMProgramprovidesstudentswith: Classesofferedentirelyonline Practicalknowledgethatcanbeapplied ta t at work AA flexiblepart-timeschedulefor workingprofessionals Norequiredon-campusresidency TheAIMProgramcurriculumincorporates: Informationmanagementanddesign Businessmanagement Appliedresearch Networkwithcurrentstudentsrepresentinganarray professionalorganizations,including Microsoft,Boeing, Hewlett-Packard, andIntel. http://aim.uoregon.edu aim@uoregon.edu 541-346-4231 Anequal-opportunityaffirmative-actioninstitutioncommitted culturaldiversityandcompliancewiththeAmericanswithDisabilitiesAct.34 words
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Advertisement306 2010-08-12 3 i GARDEN HOMES FREEHOLD 8 i Bukit Golf Course Sime Golf Course Nanyancj Girls' |g National Junior College Raffles Girls' Sch A II Hwa Chong Institutions Junior College Botanic Gardens (u/c) A Singapore i Botanic V MacRitchie Reservoir Park M 14 St- Joseph's M Institution 'Singapore Chinese Girls' Sch rsi306 words
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Advertisement340 2010-08-12 5 34°S Buenos Aires, Argentina J An exquisite Marina Bay Sands experience t complete with access to the Sands SkyPark! Yours when you join HSBC Premier. Opportunities arise when you are open to new experiences In a world without boundaries, possibilities abound. And no matter where an opportunity presents itself, we'll340 words
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COMPANY NEWS
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Article, Illustration586 2010-08-12 6 LYNETTE KHOO - Jump in vessel deliveries leave firm with 800.5m yuan gain; better H2 seen By LYNETTE KHOO YANGZIJIANG Shipbuilding yesterday posted 800.5 million yuan (S$161.1 million) in net profit for the second quarter ended June 30 a quarterly record as it delivered more vessels during586 words
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450 2010-08-12 6 KAREN NG - Firm cites consumer goods sales for 9% increase in revenue By KAREN NG SUPER Group, formerly known as Super Coffeemix Manufacturing, doubled its second-quarter net profit to $18.8 million, from $9.4 million for the corresponding quarter last year. This translated to an450 words
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440 2010-08-12 6 RONNIE LIM - By RONNIE LIM MARINE fuel oil supplier Chemoil’s second-quarter net profit fell 74 per cent year-on-year to US$3.2 million, as higher oil prices in April-June translated into costlier supplies and hit margins. But still, the Q2 result was a turnaround from Chemoil’s Q1440 words
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394 2010-08-12 6 LYNETTE KHOO - By LYNETTE KHOO YANLORD Group posted a 9 per cent rise in net profit for the second quarter ended June 30 to $99.9 million, citing an increase in gross floor area (GFA) delivered. Revenue grew one per cent from a year394 words
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Article, Illustration336 2010-08-12 6 VEN SREENIVASAN - Q3 profit up 90% to $77.5m as company gains from better geographical mix By VEN SREENIVASAN STRONG organic growth and contributions from its recently acquired businesses in Indonesia and New Caledonia enabled Asia Pacific Breweries (APB) to boost its third-quarter profit for theFILE PHOTO - 336 words
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345 2010-08-12 6 LYNN KAN - By LYNN KAN LEATHER tanner and sofa manufacturer HTL International Holdings has reported a 66.9 per cent year-on-year increase in sec-ond-quarter net profit to $7.8 million. Revenue edged up 2.6 per cent to $164 million, with all markets recording stronger345 words
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271 2010-08-12 8 MELISSA TAN - HLF declares interim dividend of four cents per share By MELISSA TAN HONG Leong Finance (HLF) yesterday posted a $32 million net profit for its second quarter ended June 30, a 15 per cent gain year-on-year, despite an 8.7 per271 words
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Article, Illustration729 2010-08-12 8 FELDA CHAY - Golden Agri-Resources sees profit jump but investors still wary about environmental slurs By FELDA CHAY GOLDEN Agri-Resources (GAR) has reported a 19.9 per cent jump in second-quarter net profit to US$66 million, from US$55.1 million a year back. But the company is stillAFP - 729 words
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298 2010-08-12 8 WINSTON CHAI - Its regional mobile subscribers up 34% y-o-y in Q2 By WINSTON CHAI A SUBSCRIBER boom at overseas associates Bharti and Telkomsel helped lift Singapore Telecommunications’ regional mobile subscriber base to 351 million in the second quarter, up 34 per cent from a year ago.298 words
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249 2010-08-12 8 WINSTON CHAI - By WINSTON CHAI M1’s latest attempt at diversifying its revenue stream has come in the form of playing doctor to computers and smartphones. The company yesterday launched a new troubleshooting service called mFix for PCs and handsets. Instead of making individual house calls,249 words
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COMPANY BRIEFS
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83 2010-08-12 8 THE Singapore Exchange (SGX) has announced longer trading hours for its derivatives market, among other enhancements, from Aug 30. The derivatives market’s trading hours will be extended from 1am to 2am. Other enhancements include a narrowing of the trading break between the T session83 words
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123 2010-08-12 8 WILMAR, the world’s largest listed palm oil company, said yesterday that the review period for its proposed acquisition of Australian sugar firm Sucrogen has been extended by up to 90 days. “The extension of the review period is not unexpected given the timing123 words
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109 2010-08-12 8 BANYAN Tree Holdings (BTH) says that its subsidiary Laguna Resorts Hotels Public Company (LRH) is selling its Dusit Thani Laguna Phuket hotel in Phuket, Thailand, to Dusit Thani Public Company for 2.62 billion baht (S$111.6 million). BTH said its expected109 words
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87 2010-08-12 8 MOYA Dayen said last night that its former deputy chairman and executive director John Lee Thian Guan filed a suit in the High Court of Singapore against the company on Aug 3. The suit relates to the company’s termination of Mr Lee’s87 words
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254 2010-08-12 8 Reuters [NEW DELHI] The focus for Bharti Airtel will be to maintain profit margins as a vicious price war recedes, after India’s top telecoms firm reported that quarterly profits fell by a third. Facing tough competition in a crowded home market, Bharti, anReuters - 254 words
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Advertisement1122 2010-08-12 6 CHINA PAPER HOLDINGS LIMITED (Incorporated in Bermuda) (Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an special general meeting (the “SGM”) of the shareholders (the “Shareholders”) of China Paper Holdings Limited (the “Company”) will be held on 27 August 2010 at 9.00 a.m. at1,122 words
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Advertisement39 2010-08-12 7 the alfred dunhill blazer: realised in double faced wool flanne features a partial lining for lightweight versatility and timeless styl in every climate, setting and occasion. the shoppes at marina bay sands now open www.dunhill.com 6688 7108 aunni LONDON39 words
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Advertisement1609 2010-08-12 8 NOTICES BUY IT SELL IT FIND IT ipco IPCO INTERNATIONAL LIMITED (Company Registration Number: *****2747M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING (Resolution 1) (Resolution 2) (Resolution 3 (i)) (Resolution 3 (ii)) (Resolution 4) (Resolution 5) Notice is hereby given that the 18th Annual General Meeting1,609 words
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SINGAPORE MARKETS
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Article, Illustration556 2010-08-12 9 VEN SREENIVASAN - ST Index slides 35 points after Federal Reserve says US recovery is slowing STOCKS VEN SREENIVASAN Senior Correspondent FEARS of a potential dou-ble-dip recession hit markets yesterday, sending stocks sliding across the region. The Straits Times Index posted one of its sharpest intra-day falls inSource: Bloomberg - 556 words
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Article64 2010-08-12 9 Aug 11 VALUE CLOSE BT OB/OS -125.00-204.00 BT CADI -*****.00-162.00 BT 10-day MA -*****.00 -12.00 FTSE ST Mid Cap 721.44 -7.93 FTSE ST Small Cap 539.11 -3.54 FTSE ST All Share 727.68 -8.31 FTSE ST China Top 269.20 -1.95 FTSE ST China 299.75 -0.58 FTSE ST Catalist64 words
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Article57 2010-08-12 9 VOLUME Enzer 182,245,000 Genting SP 88,910,000 Informatics 77,624,000 Golden Agri 76,028,000 NOL 36,247,000 K1Ventures 31,612,000 RafflesEdu 28,043,000 Noble Grp 26,878,000 China Hongxing 25,921,000 Z-Obee Hldgs 23,321,000 VALUE($) UOB 120,819,360 Genting SP 114,187,840 DBS Grp 87,190,475 NOL 71,531,458 CapitaLand 71,430,425 OCBC Bk 46,253,420 SIA 44,212,376 Golden Agri 44,163,49657 words
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Article186 2010-08-12 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 5 0 0 0 1 11 5 Manufacturing 29 74 80 6 11 11 35 85 91 Commerce 10 23 30 3 5 4 13 28 34 Tpt/Stor/Comms 12 19 10186 words
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Article122 2010-08-12 9 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,727 21,727 70,476 70,476 Manufacturing 290,723 51,870 342,593 200,718 5,792 206,510 Commerce 110,380 204,980 315,360 125,686 33,727 159,414 Tpt/Stor/Comms 128,402 407 128,809 232,857 60 232,917 Finance 57,299 14 57,313 285,466 1 285,467 Construction 45,440 5,181122 words
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Article112 2010-08-12 9 Stock name Close Change CapMallsAsia 2.110 -0.010 CapitaLand 3.980 -0.080 CapitaMall 1.930 -0.040 CityDev 11.920 -0.240 ComfortDelGro 1.580 -0.010 DBS Grp 14.260 -0.240 F&N 5.600 Genting SP 1.270 -0.010 Golden Agri 0.570 -0.030 HK Land 5.430 +0.010 JMH 40.900 -0.220 JSH 24.100 Jardine C&C 33.060 -0.500112 words
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Article, Illustration397 2010-08-12 9 CURRENCIES Reuters [NEW YORK] The US dollar fell to a 15-year low against the yen yesterday as US government debt yields fell, while a gloomier outlook from the Federal Reserve and slower Chinese factory growth dented risk appetite. Yields on two-year Treasury debtReuters; AP - 397 words
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Article106 2010-08-12 9 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 357.3 1.1 DBXT S&P Short 10US$ 5197 48.9 0.7 DBXT MSMSIA 10US$ 1079 17.7 1.2 Enzer 20 9.5 90.5 GLD 10US$ ***** 5.4 0.0 Haw Par Corp 595 4.0 0.7 TigerAir 200 4.0 2.0 MTQ Corp 86 3.5 4.2 Hengyang 58106 words
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Article125 2010-08-12 9 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-134.5 -0.8 DBXT SPASX200 10US$ 2850-120.9 -3.0 DBXT FTChina25 10US$ 2961-114.1 -2.8 UOB.ES.1008 1888 -92.0 -4.6 Jardine C&C 3306 -50.0 -1.5 Lyxor China H 10US$ 1515 -43.5 -2.1 Lyxor Europe 10 US$ 1201 -40.8 -2.4 SIA 1590 -38.0 -2.3 SIA 200 1590125 words
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Article87 2010-08-12 9 Where S$ stands Aug 11 CHNG YR 2010 CLOSE FR Aug 10 S$ LOW S$ HIGH US$ 1.3586 -0.43 1.4219 1.3472 Euro 1.7761 0.36 2.0153 1.6886 Pounds 2.1429 -0.24 2.2831 2.0003 A$ 1.2297 0.41 1.2960 1.1515 Yen* 1.5948 -1.01 1.5951 1.4467 Rupiah* 0.***** -0.20 0.***** 0.***** Baht* 4.2569 -0.5887 words
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Page 9 Advertisements
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Advertisement290 2010-08-12 9 It's about time. Phillip Futures and SMX partnering from strength to strength. Phillip Futures joins Singapore Mercantile Exchange as its first General Clearing Member. The collaboration pairs one of the region's brokerage powerhouses and the uniquely pan-Asian commodity and currency derivatives exchange. You can now engage in multi-product trading through290 words
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SINGAPORE NEWS
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312 2010-08-12 10 NISHA RAMCHANDANI - Total spending by MasterCard holders jumped 28% y-o-y to $1.21b By NISHA RAMCHANDANI CASH registers rang loud and clear during this year’s Great Singapore Sale (GSS), according to MasterCard. Total spending by local and tourist MasterCard holders jumped 28 per cent year-on-year to312 words
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Article, Illustration484 2010-08-12 10 LEE U-WEN - By LEE U-WEN IN what will be a first in Olympics history, all 25,000 people attending this Saturday’s glitzy Youth Olympic Games (YOG) opening ceremony will use a pre-paid, all-in-one card when they enter the Marina Bay floating platform. The white plastic cards484 words
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Article, Illustration559 2010-08-12 10 LEE U-WEN - By LEE U-WEN THE Singapore Management University (SMU) may have officially welcomed over 1,700 new students into its family yesterday, but much of the attention was focused instead on a 56-year-old Belgian academic who is just a fortnight away from assuming his role as the varsity’s559 words
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Advertisement133 2010-08-12 10 MASTERPIECE Southeast Asian Chinese Modern Contemporary Art Rare Collector's Gemstones Fine Jewellery jfe.4wm vr Afl C I > *N -V fl 115 5 3 7 •Vi. v" Evening Sale Auction Sat, 14 August 2010 Dinner 6.00 pm Auction 7.00 pm Day Sale Auction Sun, 15 August 2010 Luncheon 12.00 pm133 words
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Advertisement274 2010-08-12 10 Alii American Management >4#Vl/4 Association and Execute Global Strategy About AMA AMA is a world leader in leadership and management development, advancing the competence of individuals and teams to drive business success. Organizations worldwide, including the majority of the Fortune 500, turn to AMA as their trusted partner in professional274 words
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ECONOMY WATCH
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Article, Illustration529 2010-08-12 11 AP [WASHINGTON] Federal regulators have taken a first step toward eliminating the use of credit ratings in rules for banks, under a mandate of the new financial overhaul law. The head of the Federal Deposit Insurance Corp, however, said on Tuesday therAP; REUTERS - 529 words
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313 2010-08-12 11 Strong growth in employment, job seekers bode well Reuters [SEOUL] South Korea’s unemployment rate rose in July but strong growth in both employment numbers and job seekers suggested domestic demand was on a gradual recovery track, government data showed yesterday. TheReuters - 313 words
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614 2010-08-12 11 Legislation provides US$26 billion for Medicaid, education Reuters [WASHINGTON] The US House of Representatives on Tuesday approved, and President Barack Obama promptly signed into law, an election-year bill providing US$26 billion to struggling states by closing tax loopholes for multinational companies andReuters - 614 words
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677 2010-08-12 11 It cites uncertain prospects and says it’s ready to move in either direction Reuters Bloomberg [LONDON] British inflation will fall well below its 2 per cent target in two years, even if interest rates remain at record lows, the Bank of England saidReuters; Bloomberg - 677 words
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Article, Illustration502 2010-08-12 11 Bloomberg [NEW YORK] A lack of jobs will shackle consumer spending and restrain the US recovery more than previously estimated, according to a new survey. According to economists polled by Bloomberg News, gross domestic product will expand at an average 2.55 per cent annual rateBloomberg - 502 words
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Advertisement42 2010-08-12 11 tl-JI'l JACKPOT /> '•y CO CO TODAY |p A Y(i) Always play wilh care. |responsibiyj Do not bet illegally. RCB Reg No: *****0202G Sales close at 6pm Draw at 6.30pm at PoMo For details, visit www.singaporepoois.com.sg Towards Community Purpose and Benefit SINGAPORE m42 words
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MALAYSIA/INDONESIA
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Article, Illustration416 2010-08-12 12 It seeks licence to install 4,500 slot-machine-style video-lottery terminals Bloomberg [NEW YORK] Genting New York LLC’s bid to redevelop Aqueduct Racetrack and operate New York City’s first slot machine-style “racino” won support from the state Senate majority leader, moving it close to final approval.Bloomberg; AFP - 416 words
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352 2010-08-12 12 Reuters [JAKARTA] Indonesia raised four trillion rupiah (S$608.7 million) in a bond auction on Tuesday, higher than targeted, with yields sharply declining in line with expectations on strong demand after the country’s plans to cut bond issuance. Demand was concentrated at the short endReuters - 352 words
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Article, Illustration567 2010-08-12 12 Bloomberg [MUMBAI] Palm oil prices will drop “significantly” in the fourth quarter as output from new trees in Indonesia, the biggest grower, surpasses estimates and buyers switch to soyabean oil, DBS Vickers Securities (Singapore) said. Palm oil futures traded inBloomberg; REUTERS - 567 words
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BRIEFLY ASIA
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90 2010-08-12 12 Reuters [SHANGHAI] China Everbright Bank has set the price for its Shanghai initial public offering at the top of an indicative range, putting it on course to raise up to US$3.2 billion, the Wall Street Journal and a banking source said. The banking sourceReuters - 90 words
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83 2010-08-12 12 Reuters [TOKYO] Japan’s NTT DoCoMo Inc will likely invest an additional US$1 billion in Tata Teleservices, a newspaper said, a move that would help India’s No 5 cellphone operator better compete in a fast-growing but cut-throat market. India’s Economic Times said DoCoMo isReuters - 83 words
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Article67 2010-08-12 12 Reuters [MUMBAI] India’s central bank yesterday said it intends to grant a limited number of new bank licences, a move that was earlier flagged by the government to expand the geographic reach of the sector. The Reserve Bank of India, in a discussion paper,Reuters - 67 words
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78 2010-08-12 12 Reuters [TAIPEI] Chinatrust Financial Holding Co, Taiwan’s top credit card issuer, yesterday reiterated that it would seek to buy AIG’s Taiwan life insurance unit if a current deal falls through. Chinatrust president Daniel Wu made the remarks during the company’s quarterly earnings presentation toReuters - 78 words
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91 2010-08-12 12 Reuters [JAKARTA] Indonesia’s cement consumption, an indicator of consumer demand, rose 6.6 per cent in July from a year ago, industry data showed yesterday. Total cement consumption in July rose to 3,740,047 tonnes, taking total consumption in the first seven months to 10.7 perReuters - 91 words
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Advertisement2742 2010-08-12 12 NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg C, CHINA NEWTOWN DEVELOPMENT COMPANY LIMITED NEWTOWN (Incorporated as a company limited by shares under the laws of the British Virgin Islands) (Company Registration Number *****73) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary2,742 words
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GREATER CHINA
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Article, Illustration840 2010-08-12 13 Statistics bureau sees slowdown as a step to more sustainable growth Reuters [BEIJING] Growth in Chinese investment and factory output slowed further last month as the government brought credit growth back to normal after a record lending spree in 2009 to counter the globalReuters; AP - 840 words
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203 2010-08-12 13 [BEIJING] China reported a big budget surplus for July on the back of another month of surging fiscal revenue, giving the government the fire-power if needed to spend its way out of any unforeseen swoon in growth. Revenues in July rose 16.2 per cent203 words
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401 2010-08-12 13 Bloomberg [BEIJING] Foreign banks may be allowed to underwrite a wider range of debt on China’s interbank bond market as the nation seeks to develop its financial system, the regulator said in a statement. The National Association of Financial Market Institutional InvestorsBloomberg - 401 words
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Advertisement120 2010-08-12 13 emirates.com/sg llf Our European gallery. Emirates' European collection now includes Amsterdam, Prague and Madrid. Fly Emirates. Keep discovering. Rich in history, culture and stunning architecture, Europe is the world's most enchanting continent. Fly Emirates and experience award-winning entertainment, fine dining and multi-lingual cabin crew. So even getting there is a120 words
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GREATER CHINA/INDIA
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617 2010-08-12 14 China tells banks to put off-book loans back in the books and make provisions Bloomberg AFP [HONG KONG] China’s banking regulator has ordered banks to transfer off-balance-sheet loans onto their books and make provisions for those that may default, three people with knowledge of theBloomberg; AFP - 617 words
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Article, Illustration699 2010-08-12 14 Reuters [NEW DELHI] India’s headline inflation should ease faster than expected by the central bank, as past actions take effect, and this will reduce the pressure to further tighten monetary policy, a top government adviser said. Montek Singh Ahluwalia, the deputy chairman of the PlanningReuters; AFP - 699 words
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378 2010-08-12 14 Bloomberg [MUMBAI] People who travel to India and Pakistan for cheaper healthcare may be at risk from new type of drug-resistant bacteria, an international team of scientists reported. The researchers found a gene that enables the bacteria to resist treatment with aBloomberg - 378 words
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Article498 2010-08-12 14 WTO: Regulations discriminatory and break trading law Reuters [BRUSSELS] The World Trade Organization (WTO) has condemned the way the European Union assesses duties on unfairly priced imports in a complaint brought by China over sales of screws and bolts, a person familiar with the caseReuters - 498 words
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262 2010-08-12 14 Bloomberg [HONG KONG] Hong Kong Exchanges Clearing Ltd, operator of Asia’s third-biggest stock market, said first-half profit rose 3 per cent as new listings increased, countering slowing market turnover. Net income in the six months ended June 30 advanced to HK$2.26 billionBloomberg - 262 words
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Advertisement184 2010-08-12 14 RIDING THE REGIONAL RECOVERY 20August2010(Friday) Marina Bay Sands Expo and Convention Center Level 5, Sands Grand Ballroom TOP CEOS SHARE THEIR EXPERIENCE AND INSIGHTS WITH INVESTORS CONFERENCE HIGHLIGHTS: Keynote Address Panelist: Mr Jignesh Shah Chairman FT Group Vice Chairman, Singapore Mercantile Exchange Panel Discussions VIEWS FROM THE TOP The Business184 words
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ASIA-PACIFIC
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Article, Illustration602 2010-08-12 15 China, developing nations will offset shrinking demand in rich countries: IEA Bloomberg [PARIS] Global demand for oil will exceed the International Energy Agency’s earlier estimates, even as the agency predicts the economic recovery will slow next year. Crude demand worldwideBloomberg; AP FILE PHOTO - 602 words
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419 2010-08-12 15 He fails to provide any new evidence to support his case AFP [BANGKOK] Thailand’s Supreme Court yesterday rejected an appeal by fugitive former prime minister Thaksin Shinawatra and his family against the seizure of US$1.4 billion of their assets. Thaksin, who was stripped ofAFP - 419 words
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Article, Illustration523 2010-08-12 15 AFP [CHICAGO] Drivers were at fault for failing to brake in most of the cases of “runaway” Toyota cars investigated by US safety regulators, a report presented to lawmakers on Tuesday found. A review of data recorders from 58 Toyotas involved inAFP; BLOOMBERG - 523 words
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398 2010-08-12 15 AP [SAN FRANCISCO] It wasn’t too long ago that Owen Westman’s customers at Rickhouse Bar did not even know there were Japanese whiskies available, let alone ask for them by name. “They certainly do now,” Mr Westman says. Although best known for sake,AP - 398 words
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Advertisement1466 2010-08-12 15 WAT>i NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg T-SELL IT-FIND IT i Bank of India i Relationships Beyond Banking Head Office: Star House, C-5 G Block, Bandra Kurla Complex, Bandra (East), Mumbai- *****1, India. Singapore: The Corporate Office, 138 Robinson Rd, #01-01, 02-01, 03-01, Singapore *****6 FINANCIAL STATEMENTS AS AT 31ST1,466 words
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ASIA-PACIFIC/WORLD
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544 2010-08-12 16 Nigeria, Angola and Ghana are among countries that are setting up SWFs Reuters [LONDON] Africa’s nascent sovereign funds are turning to Asia and the Gulf for a steer on how to manage resource revenues, a move that could shield wealth for the futureReuters - 544 words
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402 2010-08-12 16 Bloomberg [SYDNEY] Commonwealth Bank of Australia said that second half profit rose 28 per cent as loan losses fell in an improving domestic economy. Net income in the six months ended June 30 climbed to A$2.75 billion (S$3.38 billion), the country’s largest bankBloomberg - 402 words
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433 2010-08-12 16 Bloomberg [NEW YORK] An index of mortgage applications in the US increased for a second week as borrowing costs dropped to a record low, encouraging homeowners to refinance. The Mortgage Bankers Association’s index rose 0.6 per cent in theBloomberg - 433 words
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Article, Illustration398 2010-08-12 16 The group is planning to hive off its insurance arm AP [AMSTERDAM] ING Groep NV, the Dutch bank and insurance company, yesterday reported a sharp rise in second quarter earnings, mostly because it avoided some of the losses it made a year agoAP; BLOOMBERG - 398 words
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227 2010-08-12 16 Reuters [BANGKOK] The health of Thailand’s hospitalised 82-year-old king, the world’s longest-serving monarch, has “substantially improved” but further treatment is required, Queen Sirikit said in a radio address yesterday. King Bhumibol Adulyadej, Thailand’s sole unifying figure through decades of on-off political upheaval, hasReuters - 227 words
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684 2010-08-12 16 NYT [LEMOORE, California] Thousands of acres of farmland here in the San Joaquin Valley have been removed from agricultural production, largely because the once-fertile land is contaminated by salt buildup from years of irrigation. But large swaths of those dry fieldsNYT - 684 words
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Page 16 Advertisements
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Advertisement7 2010-08-12 16 T ft v\v iff I fl11 www.radio9l3.com7 words
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WORLD
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733 2010-08-12 17 The changed economic landscape is also a factor in the decision NYT [BERLIN] Chancellor Angela Merkel has made combating climate change one of her priorities. But she is having difficulty finding consensus even within her own government on a new energyNYT - 733 words
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346 2010-08-12 17 Reuters [WILMINGTON, Delaware] A New Orleans federal judge will oversee several hundred civil lawsuits stemming from the Gulf of Mexico oil spill, a decision that was welcomed by plaintiffs’ attorneys who want the cases to be heard in a place hard hitReuters - 346 words
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Article, Illustration637 2010-08-12 17 Bloomberg [SAN FRANCISCO] Mark Hurd, who was forced to resign last week as chief executive officer of HewlettPackard Co, may have a career ahead of him in private equity rather than as head of a publicly held company, analysts and executiveBloomberg; AP - 637 words
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553 2010-08-12 17 It has replenished its capital from partly private sources Reuters [DUBLIN] Bank of Ireland plans to wean itself cautiously from state support by raising debt outside a government guarantee, gradually repaying taxpayers’ funds and finally resuming dividends for private investors. Ireland’sReuters - 553 words
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Article, Illustration394 2010-08-12 17 AP [GENEVA] Swiss food and drinks company Nestle SA reported a 7.5 per cent rise in half-year net profit to 5.45 billion Swiss francs (S$7.03 billion) and raised its full-year outlook as global sales increased despite adverse currency exchange rates. The results from theAP; BLOOMBERG - 394 words
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714 2010-08-12 18 Groups that regulate, advise and distribute funds in the areas of arts, healthcare and industry hit NYT [LONDON] The British government last month abolished the UK Film Council, the Health Protection Agency and dozens of other groups that regulate, advise and distributeNYT - 714 words
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367 2010-08-12 18 Reuters [WASHINGTON] Wall Street and its financial allies did an about-face in political spending in June, giving Republicans over two-thirds of their campaign contributions as Democrats pushed financial reform forward in Congress, a report said on Tuesday. The preliminary findings by theReuters - 367 words
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Article, Illustration633 2010-08-12 18 Net income jumps to US$1.33b, up from US$954m a year ago AP [LOS ANGELES] The Walt Disney Co said net income for the latest quarter jumped 40 per cent from a year ago thanks to a huge boost from ESPN and aAP; BLOOMBERG - 633 words
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Article, Illustration567 2010-08-12 18 It will pay US$1 b over five years for online streaming AP [LOS ANGELES] Netflix Inc will pay nearly US$1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM in a deal that couldAP - 567 words
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193 2010-08-12 18 Reuters [SYDNEY] An Australian state is using exotic jobs like koala catcher, shark tagger and even beer taster to try to lure young, bored British workers to head down under for some adventure and maybe a new life. The South Australian government hasReuters - 193 words
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Page 17 Advertisements
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Advertisement75 2010-08-12 17 INTHEMATTEROF THE OMPANIES CCAAPP.. 50 CCASPERINEINVESTMENTS PTE (Co. eg. ***** 0M) (InMembers’ olunar Liquidation) NNOOTICEOFFINA MEETIN NNOOTICE HEREB GIVEN tthatpursuant Section308(1) fo f of tthe Companies Act, Cap. 50, he Final Meeting he aboenamed Compan will be held on Monday day September 20 110.00 a.m. he office M/sDavid eung Co75 words
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Page 18 Advertisements
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Advertisement11 2010-08-12 18 www.omy.sg TOakon Places 2oo:m A n j ■*> m s> «*> mr 411 words
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AVIATION
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Article, Illustration713 2010-08-12 19 Airbus, Boeing may upgrade bestselling aircraft with more efficient engines ANALYSIS Reuters [LONDON] Airbus and Boeing are sweating this summer over whether to upgrade their best-selling aircraft with new, more efficient engines, a move which could reshape the $80-billion jetliner industry. Billions ofReuters - 713 words
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Article3037 2010-08-12 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 SQ458 1430 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 MU8213 1820 QF81 1820 Amsterdam SQ323 0605 AZ3993 0025 US5410 0605 KL8363,037 words
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244 2010-08-12 19 AFP [MUMBAI] Flagship carrier Air India said yesterday it wants compensation from Boeing for delays in the delivery of Dreamliner planes, with media reports saying the airline is demanding US$1 billion. Boeing officials were unavailable for comment, but country head at Boeing DineshAFP - 244 words
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768 2010-08-12 19 Bloomberg [DALLAS] The plane crash that killed former Alaska Senator Ted Stevens and four other people adds to a deadly legacy in a state dependent on small aircraft and filled with aviation hazards including mountains, fog and ice. The Aug 9 accident involving aBloomberg - 768 words
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223 2010-08-12 19 Bernama [KUALA LUMPUR] AirAsia Bhd has achieved a world record by selling more than 500,000 seats on the first day of its “Mind Blowing Fare” campaign. The leading budget airline said it had sold a record-breaking 538,000 seats on the first day of theBernama - 223 words
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4180 2010-08-12 20 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.4,180 words
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Page 19 Miscellaneous
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Miscellaneous323 2010-08-12 19 CRYPTIC CROSSWORD Across 1 Gym l-leaked, having wood surface on exterior walls (10) 6 Such oats regularly provided for northerner (4) 9 Little female in agreement or dispute? (10) 10 Lake is weird, one end being invisible (4) 12 Priest brings healing (4) 13 Soldier turning writer in profession (9)323 words
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Page 20 Advertisements
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Article, Illustration893 2010-08-12 21 Ice island four times the size of Manhattan drifting across Arctic Ocean AP [STOCKHOLM] An island of ice more than four times the size of Manhattan is drifting across the Arctic Ocean after breaking off from a glacier inAP; AFP - 893 words
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399 2010-08-12 21 Bloomberg [MUMBAI] India told salvagers to quicken work clearing hundreds of containers ditched into the sea off Mumbai’s coast as the nation’s busiest cargo-box harbour remained closed for a third day. “This work has to be speeded up,” Rakesh Srivastava, the jointBloomberg - 399 words
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Article278 2010-08-12 21 SGX '000 Aug 11 S$ +/-Vol CH Offshore 0.54 unch 2297 Chuan Hup Hldg 0.26 unch 118 Cosco Corp 1.54 -0.03 ***** CWT Ltd 1.00 unch 3059 Ezra Hldgs 1.84 -0.03 6738 First Ship Lea 0.40 -0.01 405 Freight Links 0.06 0.01 9140 Grand Banks unch unch 0278 words
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Page 21 Advertisements
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Advertisement29 2010-08-12 21 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES29 words
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Advertisement15 2010-08-12 21 Experienced Stlfp maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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EDITORIAL & OPINION
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484 2010-08-12 22 EDITORIAL MARK Hurd, Hewlett-Packard’s recently-exited CEO, was asked to resign by the tech giant’s board after an investigation into a sexual harassment claim showed that, while he didn’t violate the harassment policy, he had made inaccurate expense reports and concealed a personal relationship with484 words
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Article, Illustration682 2010-08-12 22 CAROLINE BAUM - THE BOTTOM LINE CAROLINE BAUM The writer, author of ‘Just What I Said’, is a Bloomberg News columnist. The opinions expressed are her own Bloomberg DOWNGRADING its assessment of the pace of the economic recovery from “moderate” in June to “moreBloomberg - 682 words
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Article, Illustration1094 2010-08-12 22 ANTHONY ROWLEY - Washington must take the US dollar decline far more seriously than it seems to be doing ANTHONY ROWLEY Tokyo Correspondent NOT so much a “forgotten” as a hidden war, the conflict currently playing out in foreign exchange markets among major global currenciesREUTERS - 1,094 words
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Article, Illustration1048 2010-08-12 23 TIMOTHY J STURGEON, JOHANNES VAN BIESEBROECK - Could the auto industry in developing countries soon begin producing vehicles that can compete domestically perhaps even globally? By TIMOTHY J STURGEON JOHANNES VAN BIESEBROECK Timothy J Sturgeon is senior research affiliate at the Industrial Performance Center at MIT and Johannes Van Biesebroeck isTHE STRAITS TIMES FILE PHOTO - 1,048 words
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Article, Illustration957 2010-08-12 23 AREF MOHAMMED - By AREF MOHAMMED Reuters OLD pictures hanging on the walls of restaurants show canals flowing through the handsome streets of the southern city of Basra, which Iraqis used to call “The Venice of the Middle East”. The present has little resemblanceReuters; REUTERS - 957 words
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480 2010-08-12 23 Ang Hao Yao - LETTER TO THE EDITOR Ang Hao Yao I REFER to the article “Matchmaker to firms, directors goes hot” (BT, Aug 6). It is timely to launch a matching service for boards and directors. The issue of independence in the search for independent directors480 words
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SINGAPORE STOCKS
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Article8931 2010-08-12 24 Transaction date: Aug 11 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 20 11 3148 8Telecom 18 -0.5 423 19 18 18 18.5 1.7 10.1 5.8 86.2 10.5 6 58348,931 words
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Article1750 2010-08-12 25 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5 4.5 5.5 27.8 4.8 225 130 6222 t APStrategic 188 -7 2 188 183 1851,750 words
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Article9468 2010-08-12 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.17/ APS Alpha Fund (USD)!** 0.86/ APS Alpha Fund Cl B SGD!** 1.16/ APS Alpha Fund Cl B USD!** 0.86/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM9,468 words
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Article785 2010-08-12 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 115 unch 3 115 115 112.5 115 525 913 710 CIMBAsean40 100US$ US906 888 893 36.2 306785 words
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Article255 2010-08-12 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 30 6000 AVJennings A43 41.5 47.5 3.6 8.1 3.4 112 31 16 6017 Genting HK US$ US25.5 unch ***** 26.5 25 25 25.5255 words
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FINANCE & COMMODITIES
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374 2010-08-12 26 In local curr In S$ In US$ dy yr dy yr dy yr Aug 10 Index Change Change Change Change Change Change World Index Preliminary 819.9 -0.8 -1.5 -0.7 -5.5 -1.3 -2.2 EAFE Preliminary 759.5 -0.7 -3.2 -1.0 -8.0 -1.6 -4.8 Europe Preliminary 1109.5 -0.8374 words
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Article180 2010-08-12 26 Aug 11 $S Offer Bid Overnight 1/32 par 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.38 0.28 1 month 0.50 0.30 2 months 0.60 0.40 3 months 0.65 0.45 6 months 0.80 0.60 9 months 1.00 0.80 12180 words
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Article22 2010-08-12 26 Aug 11 S$ Bid Offer 1-month 1.3586 1.3598 2-months 1.3584 1.3597 3-months 1.3583 1.3596 6-months 1.3577 1.3590 Source: OCBC22 words
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Article131 2010-08-12 26 Aug 11 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Sep 10 327.8 325.0 327.8 60 Oct 10 321.5 Nov 10 321.5 Dec 10 319.0 Jan 11 319.0 Feb 11 319.0 Mar 11 319.0 Apr 11 319.5 May 11131 words
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Article90 2010-08-12 26 Aug 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 11.11.2010 0.28 0.22 0.22 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.31 104.35 104.35 5-Year N*****0N 1.375 01.10.2014 103.1590 words
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Article105 2010-08-12 26 Aug 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 10 1036.25 1048.50 1047.00 1033.75 Sep 10 1021.75 1034.50 1034.25 1019.50 Nov 10 1022.00 1035.00 1034.75 1020.50 Jan 11 1028.25 1040.75 1040.00 1026.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 10 41.46 41.72 41.58105 words
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Article77 2010-08-12 26 CRUDE OIL PRODUCTS Aug 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 80.06 -1.40 WTI (Near Mth) 80.16 -1.38 Dubai (1-Mth F) 77.89 -1.06 Tapis blend 83.60 -1.15 Minas 80.30 -1.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 75.19 -0.08 Jet Kerosene 90.85 -1.70 US$/barrel Opec Oil77 words
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Article132 2010-08-12 26 Aug 11 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2210 1.2580 Can dollar 1.3050 1.3210 Euro 1.7680 1.7880 NZ dollar 0.9670 0.9880 Sterling pound 2.1280 2.1530 US dollar 1.3470 1.3630 Local dollars to 100 units of foreign132 words
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Article27 2010-08-12 26 Aug 11 Open High Sett STI Aug 2938 SIMSCI Aug 351.0 351.2 345.5 Taiwan Aug 280.4 280.8 277.8 Source: MF Global (S) Pte. Ltd27 words
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Article82 2010-08-12 26 Aug 10 COCOA (£/tonne) Close Prev High/Low Sep 10 2123 2185 2170/2115 Dec 10 2051 2111 2101/2047 Mar 11 2052 2110 2096/2047 May 11 2066 2120 2100/2062 COFFEE (US$/tonne) Close Pev High/Low Sep 10 1708 1724 1734/1704 Nov 10 1732 1750 1757/1729 Jan 11 1719 1741 1743/1713 Mar 1182 words
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2330 2010-08-12 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 6221 Asia-Pacific Strategic W*****6 40 1 150 1 4.70 45 6227 ASJ Hldgs W*****1 4 1 4 23 1.63 18 2036 Advance SCT Ltd W*****9 0.5 1 87 24002,330 words
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Article464 2010-08-12 26 Aug 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.936 6.126 0.693 7.022 42.093 81.111 0.769 10.691 2.866 1.257 77.472 40.895 1.229 6.564 0.953 28.775 28.877 0.572 0.904 Canada 1.069 6.546464 words
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Article85 2010-08-12 26 Aug 11 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-08-12 26 Aug 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2284 1.2299 0.9041 0.9044 Canadian dollar 1.3126 1.3144 0.9661 0.9666 Euro 1.7739 1.7759 1.3056 1.3059 NZ dollar 0.9768 0.9790 0.7189 0.7199 Sterling pound 2.1459 2.1481 1.5794 1.5796154 words
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Article147 2010-08-12 26 Aug 11 GOLD (US$/oz) Aug 11 Aug 10 Hong Kong 1199.60 1199.00 Aug 10 Aug 09 London 1193.95 1201.75 1194.70 1202.50 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Aug 11 (S$) Selling Buying Kilobar 56,231.71 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 126.26 52 5gm 357.38147 words
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Article70 2010-08-12 26 Aug 10 Aug Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2160.50 2172.75 3 months 2170.00 2182.00 Copper, Grade A (US$/tonne) Cash 7273.50 7399.00 3 months 7300.00 7425.00 Lead (US$/tonne) Cash 2098.25 2172.75 3 months 2125.00 2200.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article66 2010-08-12 26 Aug 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 10 2813 2816 2815 2775 371 940 Sep 10 2716 2731 2735 2695 1037 ***** Oct 10 2680 2677 2687 2652 7932 ***** Nov 10 2660 265666 words
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Article433 2010-08-12 26 Aug 11 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.6450 0 990 Dec10 99.5950 0 3075 Mar11 99.5300 0 2501 Jun11 99.4300 0 2281 EUROYEN TIBOR FUTURES Sep10 99.6500 99.6500 99.6475 99.6475 1 3454 Dec10 99.6800 99.6800 99.6800 99.6850 89 1509 Mar11 99.7000 0 2043433 words
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BizIT
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Article, Illustration617 2010-08-12 27 RAJU CHELLAM - Most complex ICT project for a sporting event ever undertaken in Singapore, reports RAJU CHELLAM RAJU CHELLAM WITHjusttwo days to go before Singapore’s first ever global sporting event the 2010 Youth Olympic Games (YOG) begins, the information and communication technology (ICT)617 words
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271 2010-08-12 27 MELISSA TAN - By MELISSA TAN DATA security firm SonicWALL said yesterday in its 2010 mid-year cybercrime summary that Web-based threats now account for 45 per cent of all cyber attacks worldwide an astronomical jump from just 4 per cent last year. That271 words
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427 2010-08-12 27 By VICTORIA HO INTERACTIVE 3D digital displays, an LED video wall and a network to link the digital signage across the Temasek Polytechnic (TP) campus. These are just some of the state-of-the-art facilities students will soon have after TP signed an agreement with LG427 words
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800 2010-08-12 27 The use of new technologies is raising alarm AP [DUBAI] The militants who carried out the 2008 terror attacks in Mumbai, India, used mobile phones and other handheld gadgets to coordinate an assault that left 166 dead. Mobile phones with video camerasAP - 800 words
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Article, Illustration590 2010-08-12 27 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY INFOPRINT Solutions, which recently became a wholly owned subsidiary of Ricoh, sees big growth opportunities in the Asia-Pa-cific region. With its regional headquarters in Singapore, the company, which is a leading provider of digital output solutions, targets both large enterprises and590 words
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272 2010-08-12 27 Xinhua [SYDNEY] The National Heart Foundation of Australia yesterday demonstrated new computer software which aims to help health professionals diagnose, risk assess and manage patients suffering from heart attack and unstable angina. A prototype of an Acute Coronary Syndromes Electronic Decision Support InstrumentXinhua - 272 words
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PROPERTY
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Article, Illustration615 2010-08-12 28 Unemployment, wage cuts and foreclosures weigh on market despite low mortgage rates Reuters [NEW YORK] Owners cut prices on one-quarter of US homes listed for sale in July, a fourth straight monthly rise, as job market fallout trumped record lowReuters; BLOOMBERG - 615 words
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140 2010-08-12 28 Bloomberg [DUBAI] Istithmar World PJSC of Dubai sold an office building on London’s Trafalgar Square for about £172 million (S$367.5 million), a person with knowledge of the transaction said. The 200,000 square-foot property known as Grand Buildings was bought by a private Russian investor,Bloomberg - 140 words
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Article, Illustration319 2010-08-12 28 It sees tough market as opportunity to make acquisitions Reuters [LONDON] Britain’s largest residential landlord Grainger yesterday said it remained bullish about its prospects as the wilting housing market carved out new opportunities to buy real estate at attractive discounts. ChiefReuters; BLOOMBERG - 319 words
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315 2010-08-12 28 Bernama [KUALA LUMPUR] Developers should be given incentives to build low-cost houses in the upcoming Budget 2011 to cater to the demand. In making the call, Hua Yang chief operating officer Ho Wen Yan said that the matter should be looked into seriouslyBernama - 315 words
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Article, Illustration836 2010-08-12 29 New high-rises, hip shops and eateries mushroom in Perth AFP [PERTH] As cranes swing across Perth’s skyline, busily erecting towers of steel and glass, Australia’s most isolated state capital is reinventing itself as the gleaming face of a mining boom. Static forAFP - 836 words
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471 2010-08-12 29 Move to diversify funding, spread out maturities to beef up balance sheets Reuters [SYDNEY] Australian property borrowers are queuing up to sell bonds, seeking to diversify their funding and spread out maturities to strengthen their balance sheets after being scarred by theReuters - 471 words
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Article, Illustration619 2010-08-12 30 China govt cooling moves likely to dampen sector sentiment; ‘policy risks’ seen for S’pore, HK Reuters [HONG KONG] Major property markets in Asia are likely to face a slower second half because of policy risks and an expected increase in housingReuters; BLOOMBERGS - 619 words
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1212 2010-08-12 30 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 15/07/2010 99 1227 2108 1718 The Sail Marina Bay Apt1,212 words
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462 2010-08-12 30 UMA SHANKARI - Oxley Rising offers $158.1m for 60-year leasehold site, double analyst estimates By UMA SHANKARI [SINGAPORE] Oxley Rising has emerged as the top bidder for a 3.5 hectare industrial site at Ubi Road 1. The company, which offered $158.1 million or462 words
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Page 28 Advertisements
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Advertisement132 2010-08-12 28 FOR SALE 2 Charming Bungalows in D10 Tenure: Freehold In Mount Sinai enclave Land Size: 7,400 sqft 4,300 sqft Sale with vacant possesion For information, please call 6494 3898/ 9618 7188 Company Reg No. *****4794D BULK SALE HUGE DISCOUNT D.09 PRIME FREEHOLD RESIDENTIAL SPACIOUS 3 4 BDRMS NEARBY SCOTTS ORCHARD132 words
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Advertisement122 2010-08-12 28 Cove Drive 6V61VN NG 9847-6899 Newsman Realty Pte Ltd Elegant 6800/8000sqft 2 1/2 storey modern home Gracious master suite Lovely golf course views Asking $2800psf Treasure Island (3viiias)| Ranging fm 8500 12,000sqft land Variants of 9000 12,000sqft built-up Resort-like, faces waterway Each with private berth Asking $2800psf Paradise Island 8000sqft122 words
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Advertisement70 2010-08-12 28 Cove Drive *****/ ***** sqft. Full seaview berth. Wide frontage. Top quality. Cove Drive *****/***** sqft. Full seaview. 40M frontage. 30M Pool. Park 8 cars. Cove Grove *****/ ***** sqft. Unblocked seaview with Pte Berth. Rare. Treasure Island *****/ ***** sqft. Best of the best quality. •Ocean Front Super Penthouse.70 words
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Advertisement80 2010-08-12 28 THE CONCOURSE (BEACH ROAD) For Lease Office: From 1,023 to 25,000 sqft Fringe of CBD Shuttle bus to City Hall MRT Next to Nicoll Highway MRT Panoramic City Sea View Broadband enabled Attractive leasing terms Immediate Occupation Hong Fok Group Tel: 6390 2425/ 6292 8181 INTERNATIONAL BUILDING 360 ORCHARD ROAD80 words
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Advertisement59 2010-08-12 28 TELOK KURAU 3+Study PH With Pte Pool 2,1 OOsqft With Facilities TOP estimated end of 2010 For more Info, Details Floor Plans. Call JOHNSON SONG@ 9800-7667 KF Property Network L ROAD 1 4 bdrms/ PH with Pte Pool From 700 sqft 6000 sqft TOP estimated end of 2010 Viewing Strictly59 words
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Page 29 Advertisements
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Advertisement148 2010-08-12 29 FOR SALE BY TENDER joneslanglasalle.com.sg New Launch D19 Residential Redevelopment Site Walking distance to Hougang MRT/Mall Site Area: 32,689 sq.ft (approx.) Plot Ratio: 1.4, up to 5 storeys 999 years Near amenities and reputable schools Tender Closing Date: 14 September (Tue), 3pm Hougang MRT/Mall "OUGAM NAUNG COURT^ D10 Holland Prime148 words
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Advertisement181 2010-08-12 29 OFFICE SPACE FOR LEASE REGENCY HOUSE iVN ■N\ X\ 11 V I m, i i f 1 I 11 ml if my r r L^Jre-i 1 m H Unit sizes from 1,700 sq ft to 3,500 sq ft Minutes walk to Dhoby Ghaut and Somerset MRT Stations Conveniently located near181 words
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Page 30 Advertisements
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Advertisement38 2010-08-12 30 a To maximize returns on your properties, please call Savills Residential Leasing at 6536 5022/6415 3636. Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. savills savills.com38 words
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