The Business Times, 3 November 2010

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Total Pages: 37
1 38 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, November 3,2010
    23 words
  • 839 1  -  As projected supply of homes fluctuates, URA says it’s based on developer inputs By UMA SHANKARI [SINGAPORE] A recent presentation on the estimated supply of private housing units in the pipeline has reignited the debate about the accuracy of official estimates. The presentation by
    Source: URA, International Property Advisor  -  839 words
  • 145 1 G ST INDEX 3,205.28 (+13.10) G ST INDEX FUTURES 3,201 (+13) G SIMSCI 376.96 (+1.29) G SIMSCI FUTURES 377.20 (+1.20) FOREX US$ S$ US$ (S$ per US$) 1.290 (US$/S$ per 1.605 2.071 EURO (US$/S$/E) 1.393 1.797 Foreign currency per US$ S$ YEN 80.60 62.50 RM 3.091 2.397 HK$
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  • 932 1  -  Some expect US$ to fall 20% over next few years; others hope for economic pick-up By ANDREW MARKS in New York AT approximately 2pm today in the US, the Federal Reserve will unveil QE2 for all to see but the Fed’s money
    BLOOMBERG  -  932 words
  • Page 1 Advertisements
    • 105 1 COMPANIES SGX sees 17.8% surge in Oct trading value PAGE 6 TRANSPORT HUB CAAS net surplus slips to $92.7m PAGE 28 EXEC MONEY Managed futures fund makes it to retail market PAGE 38 CUSTOMER SATISFACTION INDEX Sentosa’s not resting on its laurels PAGES 14, 15 db.com Financial expertise. Everywhere in
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  • TOP STORIES
    • 581 2 Enter QE2, followed by dollar drama and hope AT approximately 2pm Wednesday in the US the Federal Reserve will unveil QE2 for all to see but the Fed’s money creation machine has already sent jitters across the world. Bill Gross, the manager of the world’s largest mutual fund,
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    • 548 2 Series of measures cooled sentiment but region still awash with liquidity Reuters [SINGAPORE] Prime Minister Lee Hsien Loong said yesterday that the citystate’s red-hot property market was a matter of concern and needed careful monitoring to avoid the creation of a bubble.
      Reuters; REUTERS  -  548 words
    • 264 2 Reuters [SINGAPORE] Minister Mentor Lee Kuan Yew is frail but well, and intends to start travelling again, his son, Prime Minister Lee Hsien Loong, said yesterday. “The years take their toll,” the prime minister told Reuters about his father. “He is well, he
      Reuters  -  264 words
    • 412 2  -  Charges related to alleged conspiracy to cheat land authority By MICHELLE QUAH [SINGAPORE] More charges have been levied on the two former Singapore Land Authority (SLA) senior executives accused of cheating the statutory board of some $11.8 million. Koh Seah Wee, 40, and Christopher
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    • 691 2  -  By MICHELLE QUAH [SINGAPORE] Plans to overhaul Singapore’s accountancy sector first approved by the government in May are gathering pace, as BT found out yesterday at the Singapore Accountancy Convention 2010, organised by the Institute of Certified Public Accountants
      691 words
    • 668 4  -  Decision triggered by stronger-than-expected demand from gencos, industries By RONNIE LIM [SINGAPORE] The Republic has decided to invest a further $400 million to boost its initial $1.5 billion LNG terminal development. This follows stronger-than-expected gas demand from power generating companies (gencos) and industries
      668 words
    • 683 4  -  By SIOW LI SEN, KAREN NG [SINGAPORE] Citibank and HSBC are launching new initiatives increasingly similar to private bank offerings to attract affluent customers, a very cash rich group. These usually highly mobile mainly business people and professionals, the affluent often make
      683 words
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  • Page 3 Advertisements
    • 63 3 Wealth Management Asset Management Investment Funds Custody Investor Services The expertise is local The network is global The independence is non-negotiable m K r* cf ---a m Photograph by Brian Griffin Private bankers since 1805 Geneva Lausanne Zurich Basel London Luxembourg Frankfurt Paris Madrid Barcelona Turin Milan Rome Florence Dubai
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  • Page 4 Advertisements
    • 2 4 Executive MBA
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  • COMPANY NEWS
    • 608 6  -  17.8% jump to $44.79b despite 7.2% dip in trading volume By LYNETTE KHOO BOOSTED by the entry of two mega initial public offerings (IPOs), trading on Singapore Exchange (SGX) in October showed a shift to higher priced stocks. This was reflected by a 17.8
      BLOOMBERG  -  608 words
    • 502 6  -  By GENEVIEVE CUA BANK of Singapore (BOS) is setting its sights on growth in assets and profits of 20 per cent next year. BOS claims to be the largest of three Singapore private banks in terms of earnings asset base (EAB), which
      502 words
    • 638 6  -  HOCK LOCK SIEW By NISHA RAMCHANDANI FIRST, Parkway Holdings found itself being pursued by suitors. Now, Thomson Medical Centre, with its niche focus on obstetrics and gynaecology as well as paediatric services, has piqued the interest of Singapore’s high-profile investor Peter Lim and this
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    • 232 6  -  By NISHA RAMCHANDANI PARKWAY Holdings is seeking delisting, according to an announcement made to the Singapore Exchange (SGX) yesterday. The SGX has advised that it has no objection to the delisting subject to completion of the compulsory acquisition, the company said. The delisting move comes
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    • 292 6  -  By EMILYN YAP COAL miner Straits Asia Resources yesterday posted a net profit of US$23.2 million for the third quarter ended Sept 30 down 40 per cent from a year ago. Lower revenue and higher costs contributed to the weaker performance. Sales revenue
      292 words
    • 428 9  -  Forward bookings remain strong, especially for Dec-Feb peak period By VEN SREENIVASAN DESPITE well-publicised flight disruptions, Tiger Airways posted a net profit of $14.1 million for its second quarter to end-September, against a $2.3 million loss for Q2 2009. Revenue grew 35.4
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    • 163 9 glance 3 months ended Sept 2010 9 months ended Sept 2010 NET PROFIT (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG 1 Elec Eltek 83.70 36.73 127.9 593.41 404.53 46.7 28.22 18.63 51.5 210.12 157.61
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    • 406 9  -  It expects aviation business volumes to stay robust in Q3 By NISHA RAMCHANDANI SATS posted a 10.5 per cent year-on-year increase in net profit to $45.2 million for the second quarter ended Sept 30, while revenue rose 10.7 per cent to $401.2
      406 words
    • 258 9 SIA Engineering Company (SIAEC) has posted a net profit of $66.5 million for its second quarter ended Sept 30, 2010, up 8.8 per cent from a year ago. Revenue rose 11.7 per cent to $277.1 million, mainly due to an increase in airframe
      258 words
    • 383 10  -  Slowdown in global oil and gas industry, forex losses drag down earnings By LYNN KAN BAKER Technology has reported a third-quarter net profit of $82,000, down 99 per cent from a year earlier. The offshore equipment and services provider attributed the precipitous drop
      383 words
    • 516 10  -  Analysts cite bright outlook for glove-making sector By KAREN NG ANALYSTS are bullish on Riverstone Holdings a maker of cleanroom gloves, finger cots and packing materials and have called a “buy” on the stock despite Riverstone’s flat third-quar-ter profit and uncertainty over the glove
      516 words
    • 297 10  -  By EMILYN YAP CHIP Eng Seng Corporation yesterday put in the highest bid for a public housing site at Bedok Reservoir Crescent. The tender for the site launched by the Housing Development Board under the design, build and sell scheme
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    • COMPANY BRIEFS
      • 110 10 HOTEL Royal warned that it expects to incur a net loss for the third quarter ended Sept 30. This is due to a significant increase in deferred tax liability. But its profit before income tax for the third quarter and nine months
        110 words
      • 104 10 CAPITALAND said that it will sell its entire 49 per cent stake in Runwal CapitaLand India for about 1.02 billion rupees (S$29.7 million) in cash to India’s Runwal group, which owns the remaining 51 per cent stake in the joint venture company. Runwal
        104 words
      • 125 10 Bloomberg NOBLE Group Ltd said that executive chairman Tobias Brown will step down after three months in the job. The resignation, which was “by mutual agreement”, arose from “the practical realities of running Noble with both an executive chairman and a CEO”, the company
        Bloomberg  -  125 words
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  • Page 7 Advertisements
    • 45 7 AIRFRANCE KLM XTo our trade and business partners. We are honoured to receive this accolade. Thank you. It J m fmmm xs >'«• w* L f fsj > i Vk I J E fi TRAVEL f AWARDS k 2010 Jr BEST EUROPEAN AIRLINE AIR FRANCE-KLM AIRFRANCE KLM
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  • SINGAPORE MARKETS
    • 589 8  -  Broad market’s advance-decline score of 209 to 190 implies buying not very widespread STOCKS R SIVANITHY Senior Correspondent MONDAY’Sup-ward momentum continued yesterday, lifting the Straits Times Index (STI) by 13.1 p o i n t s t o 3,205.28. The two-day gain posted
      Source: Bloomberg  -  589 words
    • 4 8 DAILY
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    • 66 8 Nov 2 VALUE CLOSE BT OB/OS -260.00 +11.00 BT CADI -*****.00 +21.00 BT 10-day MA -*****.00 -26.00 FTSE ST Mid Cap 794.74 +0.87 FTSE ST Small Cap 586.23 +1.24 FTSE ST All Share 792.50 +2.78 FTSE ST China Top 296.39 +0.40 FTSE ST China 340.96 +1.99 FTSE
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    • 58 8 VOLUME Genting SP 123,120,000 ChinaNTown 57,461,000 TopGlobal 40,481,000 Golden Agri 35,164,000 Noble Grp 27,993,000 ChinaAniH 27,752,000 Transcu Grp 27,578,000 GMG Global 27,410,000 *Genting HK US$ 25,135,000 MDR 23,984,000 VALUE($) Genting SP 276,397,420 Wilmar 113,232,800 OCBC Bk 108,846,880 DBS Grp 79,288,530 CapitaLand 74,069,500 Noble Grp 54,528,400 UOB 52,820,140
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 2 8 0 0 0 7 2 8 Manufacturing 44 61 79 7 6 11 51 67 90 Commerce 25 14 31 3 1 9 28 15 40 Tpt/Stor/Comms 21 8 13
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    • BROKERS’ TAKE
      • 415 8 OCBC Investment Research, Nov 2 CITY Developments Millennium Copthorne recently started a private preview for the 150-unit freehold Glyndebourne, located on the site of the Copthorne Orchid Hotel in District 11. The development will have five one-bedroom-with-study units, 32 two-bedders, 54 three-bedders, four three-bedrooms-with-study, and 32 four-bedders. The
        415 words
      • 438 8  -  Nov 2 close: $9.30 Kim Eng Research, Nov 2 Compiled by JOYCE HOOI OCBC announced a strong set of Q3 2010 results, which was above market expectations. The growth of both interest and non-interest income was impressive in the current low interest rate environment. This also underscores the
        438 words
    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,668 14,668 71,637 71,637 Manufacturing 300,200 22,484 322,684 288,985 2,436 291,421 Commerce 67,640 12,695 80,335 103,700 1,782 105,482 Tpt/Stor/Comms 117,554 28 117,582 196,369 5 196,373 Finance 31,803 31,803 281,243 281,243 Construction 36,211 45,221 81,432 10,516
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    • 109 8 Stock name Close Change Stock name Close Change CapMallsAsia 2.140 CapitaLand 3.850 +0.010 CapitaMall 2.000 +0.020 CityDev 13.040 +0.180 ComfortDelGro 1.460 -0.010 DBS Grp 14.000 F&N 6.550 +0.150 Genting SP 2.230 Golden Agri 0.690 +0.010 HK Land 7.190 -0.010 JMH 46.440 +0.440 JSH 26.920 +0.040 Jardine
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    • 502 8 CURRENCIES Reuters [NEW YORK] The Australian dollar raced to a 28-year high against the greenback yesterday after a surprise Australian interest rate hike, while the US currency fell ahead of a Federal Reserve meeting expected to produce a fresh round of monetary
      Reuters; BLOOMBERG  -  502 words
    • 112 8 BY CENTS CLOSE UP JMH 4644 56.7 1.0 DBXT SPASX200 10US$ 3344 43.8 1.0 IS S&P500 ***** 43.8 0.3 STXPO 100 1420 40.0 2.9 Lyxor China H 10US$ 1765 34.8 1.6 DBXT MSTaiwan 10US$ 1801 32.2 1.4 DBXT S&P Short 10US$ 4817 21.9 0.4 Kep Corp.ES.1011 1036 20.0 2.0
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    • 123 8 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3573-101.8 -2.2 GLD 10US$ ***** -85.1 -0.5 DBXT AUD Bonds 5AU$ ***** -85.0 -0.4 DBXT iBoxxUSTr 5US$ ***** -54.2 -0.2 DBXT MSJAP 10US$ 3680 -19.3 -0.4 Pru 500US$ 1006 -18.1 -1.4 DBXT MSEurope 10US$ 4540 -14.2 -0.2 DBXT Nifty 10US$ ***** -12.9
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    • 5 8 DAILY
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 6 10 SINGAPORE INDONESIA MALAYSIA THAILAND HONG KONG
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  • SINGAPORE NEWS
    • 460 11  -  But S’pore should start ball rolling, tackling safety and lack of engineers By LYNN KAN ALTHOUGH technology is evolving quickly to come up with safer, smaller and more efficient nuclear reactors, Singapore is unlikely to get a nuclear power plant for
      460 words
    • 515 11  -  By JOYCE HOOI ENERGY efficiency will be the main thrust of Singapore’s strategy to combat climate change, given the limitations faced by the country on the alternative energy front, said Yaacob Ibrahim, Minister for the Environment and Water Resources, at the Clean Energy Expo
      515 words
    • 238 11  -  By KAREN NG CONSUMER confidence here has remained “unwavering” and “positive” as compared to the last quarter, according to the Nielsen Global Consumer Confidence Index. The marginal increase of the index from 112 to 113 this time round could indicate consumers are confident on
      238 words
    • 187 11 THOSE waiting for a pay rise will be satisfied but not exactly over the moon, if salary and inflation forecasts pan out. Workers here can expect salary increases of 4 per cent in 2011, according to a Salary Trends Survey by ECA International.
      187 words
    • 476 12  -  But analysts say that weaknesses remain as electronics stays in contraction zone By TEH SHI NING SINGAPORE’S purchasing managers index (PMI) crept back into expansion territory in October, mirroring positive surprises in readings for China, the UK and US. But economists caution that
      476 words
    • 400 12  -  Job ads up a modest 5.21% in Q3: Robert Walters report By LYNN KAN DESPITE recruitment in the professional job market here holding steady over the third quarter, it coincides with employers increasingly looking out for candidates with specific skills and knowledge, said recruitment consultancy
      400 words
    • 419 12  -  By UMA SHANKARI FAR East Organization is planning to build a $100 million development, comprising 338 small of-fice-home office (SoHo) units and 121,000 sq ft of retail space, at the Ten Mile Junction site it won in a government land
      419 words
  • Page 11 Advertisements
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    • 145 11 And twice as many eyes. More than 1,000 brokers in 50 branches and 60 research analysts across 5 countries, in fact. So what, you ask. So that's more analysts researching the best possible investment opportunities and making expert predictions based on that research (considered the most detailed in the industry).
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  • Page 12 Advertisements
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  • ECONOMY WATCH
    • 601 13 Overnight cash rate target up a quarter point at 4.75% on inflation fears Bloomberg [SYDNEY] The Reserve Bank of Australia has unexpectedly increased its benchmark interest rate on concern that stronger growth would cause inflation to accelerate, driving the nation’s currency to
      Bloomberg; REUTERS  -  601 words
    • 283 13 Reuters [JAKARTA] Indonesia and Australia will start negotiating a new economic partnership agreement aimed at liberalising bilateral trade and boosting investment, the leaders of the two countries said yesterday. Indonesia is attracting growing interest from foreign investors eyeing the vast domestic market and stable macroeconomic
      Reuters  -  283 words
    • 346 13 He urges MPs to pass the 5.1t yen stimulus package Bloomberg Reuters [TOKYO] Japanese Finance Minister Yoshihiko Noda said the nation’s economy faces downside risks from the stronger yen and urged lawmakers to pass a 5.1 trillion yen (S$82 billion) stimulus package to
      Bloomberg; Reuters  -  346 words
    • 246 13 Reuters [LONDON] Eurozone manufacturers boosted their output in October at a faster pace than an earlier estimate, according to a survey that also showed factories hiring staff at the quickest rate since March 2008. The Markit Eurozone Manufacturing Purchasing Managers Index (PMI) rose to
      Reuters  -  246 words
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  • CUSTOMER SATISFACTION INDEX OF SINGAPORE
    • 1038 14  -  Despite chalking up higher customer satisfaction ratings in 2010, Sentosa is looking to improve even further, reports UMA SHANKARI UMA SHANKARI SENTOSA Leisure Group, the unit which runs Singapore’s most popular weekend getaway, has devoted a lot of time and effort to boost the island’s
      1,038 words
    • 443 14 HOW pleased customers are with products bought or services received is an abstract value which is difficult for individual businesses to quantify. Since 2007 however, the Customer Satisfaction Index of Singapore (CSISG) has acted as a barometer of how happy Singapore’s customers are at
      443 words
    • 1042 15  -  The food and beverage sector faces major challenges such as more discerning and sophisticated consumers, and high service staff turnover, reports TEH SHI NING TEH SHI NING THE increasingly diverse food scene in Singapore may delight foodies. But swift changes and rising competition for both
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    • 1132 15  -  By TEH SHI NING BUSINESSES often view increased customer expectations with wariness as higher expectations could well be harder to meet. But a consistent finding emerging from the Customer Satisfaction Index of Singapore (CSISG) has been that higher expectations often result in higher
      1,132 words

  • Page 15 Advertisements
    • 274 15 A HOLISTIC APPROACH TO CUSTOMER SATISFACTION LV SMU SINGAPORE MANAGEMENT UNIVERSITY 10™ ANNIVERSARY I 2000-2010 MANAGEMENT LEVERAGING ON THE CUSTOMER SATISFACTION INDEX OF SINGAPORE TO ENHANCE COMPETITIVENESS The Customer Satisfaction Index of Singapore (CSISG) is an annual study jointly developed by the Institute of Service Excellence at Singapore Management University
      274 words
    • 23 15 The Customer Satisfaction Index of Singapore is a quarterly series brought to you by the Institute of Service Excellence at Singapore Management University.
      23 words

  • M'SIA/INDONESIA
    • 519 16  -  AmResearch calls a ‘buy’ amid banking group’s growing regional influence By S JAYASANKARAN in Kuala Lumpur MALAYSIAN banking group CIMB’s growing stature as a regional investment bank has prompted at least one investment house to call a “buy” despite the bank’s heroic
      519 words
    • 426 16  -  By PAULINE NG in Kuala Lumpur A MALAYSIAN company is collaborating with America’s Johns Hopkins and the Royal College of Surgeons in Ireland (RCSI) to set up a RM2 billion (S$834 million) integrated health hub which will house two medical schools, a 600-bed teaching hospital
      426 words
    • 297 16 Reuters [SINGAPORE] South Korea’s Lotte Shopping and US private equity firm Carlyle are in a race to buy Indonesia’s Matahari hypermart business which the group hopes to sell for US$1 billion, three sources said. Matahari is selling Hypermart, Indonesia’s second biggest hypermart chain after
      Reuters  -  297 words
  • Page 16 Advertisements
    • 2554 16 MANDATORY CONDITIONAL CASH OFFER by SASTERIA PTE. LTD. (Registration No.: *****6430W) (Incorporated in the Republic of Singapore) for THOMSON MEDICAL CENTRE LIMITED (Registration No.: *****2260R) (Incorporated in the Republic of Singapore) 1. INTRODUCTION Sasteria Pte. Ltd. (the “Offeror”) wishes to announce that it has today agreed to acquire pursuant to
      2,554 words
    • 468 16 MAT3 "Ynr^c Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES Eastern Asia Technology Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****8484D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Eastern Asia Technology Limited (the “Company”) will be held at Anson Room III,
      468 words
    • 214 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OKI SEMICONDUCTOR SINGAPORE PTE. LTD. (Co. Reg. No. *****2257K) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of
      214 words

  • GREATER CHINA
    • 313 17 Reuters [HONG KONG] China Construction Bank Ltd (CCB) plans to raise up to 61.6 billion yuan (S$11.9 billion) in Asia’s biggest rights issue outside Japan, as China’s No 2 lender aims to shore up capital after a lending binge in 2009.
      Reuters  -  313 words
    • 364 17 Bloomberg [NEW YORK] Xueda Education Group, the Bei-jing-based provider of tutoring services for primary and secondary school students in China, raised US$128 million in its initial public offering after buyers paid a premium to own the shares. Xueda sold 13.43 million American depositary
      Bloomberg  -  364 words
    • 359 17 Bloomberg AFP [HONG KONG] Christian Louboutin, the French shoemaker that counts Angelina Jolie among its customers, plans to open stores in China and India as rising incomes buoy luxury spending in Asia’s two fastest-growing major economies. A Beijing store will open in July
      Bloomberg; AFP  -  359 words
    • 572 17 China must be ready to move from current loose stance at right time, says central bank adviser Bloomberg Reuters [BEIJING] China may shift to “prudent” or even “cautious” monetary policy at the appropriate time, Li Daokui, an adviser to the People’s
      Bloomberg; Reuters  -  572 words
  • Page 17 Advertisements
    • 64 17 propNex David Poh Associates Commercial real estate elites Why should you invest in Commercial Properties? y Not affected by recent govt, measure on residential market. y Higher return than residential properties. y Deal with high-end and corporate tenants. High capital gain plus good annual return. We have commercial properties ranging
      64 words
    • 276 17 2 0 10 ASEAN's Largest International Machine Tools and Metalworking Technologies Trade Exhibition Conference 24 lh Edition Metalex 2010 ASEAN's Largest International Machine Tools and Metalworking Technologies Trade Exhibition Conference 24th Edition 24th-27th November 2010 BITEC, Bangkok Thailand www.metalex.co.th BANGKOK EWELRY FAIR Thai Gem Jewelry Traders Association Bangkok Gems Jewelry
      276 words

  • INDIA
    • 529 18 It also airs concern over inflation and asset prices after 25bps rate increase Reuters [MUMBAI] India’s central bank raised interest rates for the sixth time this year yesterday to tame inflation, and indicated that the increase was likely to be
      Reuters  -  529 words
    • 440 18 Bloomberg [MUMBAI] Billionaire investor Rakesh Jhunjhunwala, who was named India’s Warren Buffett by Forbes magazine, followed the example of the Oracle of Omaha by auctioning a charity lunch for 1.4 million rupees (S$40,815). The online auction, which started on Oct 26
      Bloomberg  -  440 words
    • 233 18 Bloomberg [NEW DELHI] India is unlikely to alter its nuclear law to shield General Electric and other US equipment suppliers from accident claims, derailing hopes of deals during President Barack Obama’s visit starting on Saturday. “There is no question of tweaking
      Bloomberg  -  233 words
    • 428 18 AFP [HYDERABAD] The founder of Indian outsourcing giant Satyam appeared in court yesterday in a bil-lion-dollar corporate fraud case dubbed “India’s Enron”. The firm’s founder and former chairman B Ramalinga Raju a one-time poster boy for Indian economic progress appeared
      AFP; AFP FILE PHOTO  -  428 words
  • Page 18 Advertisements
    • 234 18 WINE DINE AND HOSPITALITY SET SAIL ON A SEAFOOD ODYSSEY Helmed by Chef Lucas McMillan, Zambuca holds its own as one of Pan Pacific Singapore's three signature restaurants, offering modern Italian cuisine. In November, feast on a 5-course set dinner menu at $68 or $98 per person, paired with wine.
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  • ASIA-PACIFIC/WORLD
    • 440 19 Temasek also seeks to dispel claims of political motivation behind transaction AFP [SYDNEY] The head of Australia’s stock exchange yesterday rejected criticism of a proposed US$8.3 billion tie-up with the Singapore bourse, saying the takeover did not go against the national interest.
      AFP  -  440 words
    • 696 19 Recent corporate raids highlight need to amend old rules NYT [NEW YORK] About a week ago, Bernard Arnault’s fashion empire, LVMH Moet Hennessy Louis Vuitton, surprised the French establishment by announcing that it had acquired a 17 per cent stake in Hermes
      NYT  -  696 words
    • 69 19 [SHANGHAI] US golfer Tiger Woods (left) and new world No 1 Lee Westwood pose as they hold traditional Chinese swords during a photo session in Shanghai yesterday. Tiger Woods will try to seize back the world No 1 spot when an enticing HSBC
      AFP  -  69 words
    • 454 19 Reuters [LONDON] Europe’s banks face a frantic last few weeks of the year to determine bonus payouts radically changed by tough new rules, which they say may hurt their ability to recruit overseas and win cross-bor-der takeovers. European regulators last month unveiled
      Reuters  -  454 words
  • Page 19 Advertisements
    • 112 19 *****38 ARMENIAN^ |jm i iiMw fm ffl"' ,.T W •Sa I m V nr. I' ii 4 11 > I BIBIBWH i mm LZ'S'SSJ----^3^1 M r*r r—t' 2 I itorey new extensioniiin historic location ,niiiiiiiini!iaiiiiKi F h II Conserved shophouses i ii o 1 :v v m r Exclusive Marketing
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  • Page 19 Miscellaneous

  • Page 20/21 Advertisements
    • 375 20/21 On Wednesday November 3,2010, REC officially opens one of the world's largest integrated solar production facilities in Tuas, Singapore. The new wafer, cell and module production facility will allow REC to deliver high quality solar products to customers around the world. By linking the strengths across the solar value chain
      375 words

  • WORLD
    • 713 22  -  Meanwhile, Beijing rejects US offer to broker summit over Sino-Japanese row By ANTHONY ROWLEY in Tokyo TENSIONS between Tokyo and Moscow ratcheted up a notch yesterday when Japan recalled its ambassador to Russia following the Russian president’s visit to an island in
      REUTERS  -  713 words
    • 427 22 Bloomberg [CAPE TOWN, South Africa] Nouriel Roubini, the New York University professor who predicted the global financial crisis, said the world’s advanced economies will show “anaemic” growth, while Japan is an “accident waiting to happen.” US house prices may fall further and economic growth may
      Bloomberg  -  427 words
    • 440 22 Reuters [SYDNEY] Canada is set to approve BHP Billiton’s US$39 billion bid for Potash Corp this week, a newspaper reported, but it might impose tough conditions which could threaten the world’s biggest deal this year. Canada’s National Post said Investment Canada
      Reuters  -  440 words
    • 309 22 Reuters [LONDON] BP lifted its estimate of the likely cost of its Gulf of Mexico oil spill by US$7.7 billion to US$39.9 billion yesterday, pushing its profits down sharply in spite of higher oil and gas prices. BP, the world’s biggest
      Reuters  -  309 words
    • 367 23 Less creditworthy borrowers gain most from flood of cash that’s pouring in Bloomberg [LONDON] The yield gap between junk-rated company bonds and invest-ment-grade debt in emerging markets is close to its smallest since June 2008 as less creditworthy borrowers benefit most from cash
      Bloomberg  -  367 words
    • 556 23 Treasury expects to earn profit from bailout of insurer Reuters [WASHINGTON] Insurer American International Group will get up to US$22 billion more in US taxpayer funds in a restructuring that will pay off the Federal Reserve in full and allow taxpayers to begin
      Reuters  -  556 words
    • 367 23 Bloomberg [NEW YORK] General Motors (GM) aims to raise as much as US$10.6 billion in an initial public offer that would reduce the US and Canadian governments’ stakes in the largest US carmaker, two people familiar with the plan said on Monday. GM,
      Bloomberg  -  367 words
    • 247 23 Reuters [SINGAPORE] Top oil exporter Saudi Arabia on Monday shifted upwards from a price it has backed for around two years, saying oil at between US$70 and US$90 a barrel was comfortable for consumers. Until now, Saudi Oil Minister Ali al-Naimi had
      Reuters  -  247 words
  • Page 22 Advertisements
    • 1042 22 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF WOCOM COMMODITIES PTE LIMITED MEMBERS’ VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 50 Raffles Place, #11-01 Singapore Land Tower, Singapore *****3
      1,042 words
    • 555 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CAMBER COMMUNICATIONS (S) PTE. LTD. (COMPANY NO: *****9643C) (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of CAMBER COMMUNICATIONS (S) PTE. LTD. signed by the Representative of the Holding Company pursuant
      555 words
    • 48 22 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY of Lights tabla! readers share what this festive season means to them^ :T f# m ■Hi w«. W Ji warm EXCLUSWE I m INTERVIEW WITH NEW SINDA PRESIDENT INDRANEE RAJAH GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      48 words

  • Page 23 Advertisements
    • 660 23 WAT-3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) CONCORDIA PARTNERS PTE. LTD. (Company No. *****9826R) (2) TRANSIGHT (S) PTE. LTD. (Company No. *****1156G) (In Members' Voluntary Liquidation) At the respective Extraordinary General Meeting of the above-named Companies deemed to be held
      660 words
    • 543 23 G <eat s* PropNex Service You Trust A subsidiary of P&N EHEM Ch ampioning Consumer Education. Again...and again With every PropNex agent covered by Professional Indemnity Insurance and their expertise consistently enhanced with Continual Professional Development since 2008, it's crystal clear that PropNex is big on consumer protection and education.
      543 words

  • Page 24 Advertisements
    • 2060 24 SWISSCO HOLDINGS LIMITED (The“Company”) (formerly known as C2O Holdings Limited) (Incorporated in the Republic of Singapore with Registration Number *****4711D) (1) SHAREHOLDERS’ APPROVAL RECEIVED FOR THE GIVING OF FINANCIAL ASSISTANCE REQUIRED UNDER SECTION 76(10)(B) OF THE COMPANIES ACT (2) NOTICE UNDER SECTION 76(10)(h) OF THE COMPANIES ACT: APPLICATION TO COURT
      2,060 words
    • 2530 24 SWISSCO INTERNATIONAL LIMITED (the “Company”) Registration No: *****1051D (Incorporated in the Republic of Singapore) (1) RESULTS OF EXTRAORDINARY GENERAL MEETING (2) NOTICE UNDER SECTION 76(10)(h) OF THE COMPANIES ACT: APPLICATION TO COURT The Board of Directors of Swissco International Limited is pleased to announce that at the Extraordinary General Meeting
      2,530 words

  • Page 25 Advertisements
    • 2147 25 (collectively, the “Transaction Documents”). NOTICE UNDER SECTION 76(10)(h) OF THE COMPANIES ACT: APPLICATION TO COURT NOTICE IS HEREBY GIVEN that an application to the Court opposing the giving of the financial assistance to which the above special resolution relates may be made, within the period of 21 days after the
      2,147 words
    • 2209 25 SPECIAL RESOLUTIONS RESOLVED by way of special resolutions that: (a) approval be and is hereby given for any financial assistance which may be given by the Company, directly or indirectly, within the meaning of section 76 of the Companies Act, for the purpose of, or in connection with, the Acquisition
      2,209 words

  • EDITORIAL & OPINION
    • 513 26 EDITORIAL THE recent resurgence of inflation not just in Singapore since April, but across Asia would seem like deja vu. It was just over two years ago when global focus and concern were squarely on runaway food and commodity prices that had sent the inflation
      513 words
    • 769 26  -  THE BOTTOM LINE SHADA ISLAM Brussels Correspondent PICTURES and reports of US Secretary of State Hillary Clinton and her Russian counterpart Sergei Lavrov hobnobbing with Asian leaders at the East Asia Summit just held in Hanoi have provoked another bout of
      769 words
    • 997 26  - Search out and extol entrepreneurs-within They are the ones who can take companies to greater heights and bigger achievements By ADEL F DIMIAN The writer is associate professor of management (practice) at Singapore Management University’s Lee Kong Chian School of Business, and one of the instructors of SMU’s new Executive
      REUTERS  -  997 words
    • 1507 27  -  The Dodd-Frank Wall Street Reform and Consumer Protection Act has its heart in the right place, but it falls flat on at least four important issues By VIRAL ACHARYA, THOMAS F COOLEY, MATTHEW RICHARDSON, RICHARD SYLLA,INGO WALTER The writers are all professors
      BLOOMBERG  -  1,507 words
    • 818 27  - Integrate Kashmir or else The Indian govt risks alienating the people of its northernmost state even more if it keeps disregarding their legitimate concerns YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT IT SHOULDN’T have happened. By 2003, the Pakistan-backed militancy in Kashmir was winding
      AFP FILE PHOTO  -  818 words
  • Page 26 Advertisements


  • Transport HUB
    • 421 28  -  $32m comes from airport operations and $61 m from continuing activities By VEN SREENIVASAN THE restructured Civil Aviation Authority of Singapore posted a net surplus of $92.7 million for the year ended March 31, 2010, down from $239.2 million a year earlier. This was despite top-line
      421 words
    • 921 28  -  Delegates should have clearer idea of how to meet the bunkering industry’s environmental challenges STRAIT TALK By DAVID HUGHES OPENING last week’s Singapore International Bunkering Conference and Exhibition (Sibcon) at Resorts World Sentosa, Minister for Transport and Second Minister for Foreign Affairs Raymond Lim said that
      BLOOMBERG FILE PHOTO  -  921 words
    • 383 28 Reuters [BANGALORE] Weak daily freight rates remain a headwind for tanker companies, while dry cargo operators will likely see some upside as minor bulks and coal drove up rates for smaller vessels in July-September. The Baltic Exchange’s main sea freight index which gauges
      Reuters  -  383 words
    • 412 28 Bloomberg [LONDON] Oil tanker owners face a five-year “nuclear winter” of unprofitable charters as satellite vessel tracking weakens their bargaining power, said Tufton Oceanic, manager of the world’s largest shipping hedge fund. Oil companies have an edge in negotiating freight rates
      Bloomberg  -  412 words
    • 281 28 SGX '000 Nov 2 S$ +/-Vol CH Offshore 0.54 unch 1048 Chuan Hup Hldg 0.24 unch 107 Cosco Corp 1.89 0.01 ***** CWT Ltd 0.95 0.01 1275 Ezra Hldgs 1.73 -0.01 3977 First Ship Lea 0.44 unch 405 Freight Links 0.08 -0.01 9736 Grand Banks unch unch 0
      281 words
    • TRANSPORT HUB: AVIATION
      • 729 29 Yemen faults moves to suspend cargo, mail flights, seeks help in terror fight AFP Reuters [LONDON] Countries including Britain and Germany have tightened air security measures amid fears about the safety of cargo after two US-bound parcel bombs were sent from Yemen in
        AFP; Reuters; AP  -  729 words
      • 264 29 AirAsia, SilkAir cancel 6 flights to Solo, Yogyakarta AFP [JAKARTA] Indonesia yesterday warned airlines to avoid certain routes over central Java as the Mount Merapi volcano belched more heat clouds of gas and ash, while six international flights were cancelled. Transport ministry
        AFP  -  264 words
      • 292 29 AFP [REYKJAVIK] An Icelandic volcano has shown signs that it could be about to burst into life, just months after an eruption from another volcano caused Europe’s biggest air shutdown since World War II. Due to increased thermal temperatures, the lake and surrounding
        AFP  -  292 words
      • 447 29 Bloomberg Xinhua [BEIJING] Boeing raised its forecast for commercial aircraft demand in China over 20 years to US$480 billion from US$400 billion a year ago as economic growth spurs air travel. The nation will need 4,330 new planes in the period, tripling
        Bloomberg; Xinhua  -  447 words
      • 2203 29 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 Adelaide 9W4082 2220 AF8088 2220 BA7382 2220 JL5083 2220 MU8214 2220 QF82 2220 Amsterdam SQ323 0605 AZ3992 1615 KL835 1615 KL836 2355 Atlanta DL281 0045 DL280 0535 Auckland NZ1903 1650 Balikpapan GM301 1210 GM300 0530 GA9945 1325
        2,203 words
    • TRANSPORT HUB: LAND
      • 488 30 Buyers show they’re willing to fork out more for 2011 models Bloomberg [NEW YORK] US automobile sales in October may have run at the fastest pace in 14 months as buyers show they’re willing to pay more for 2011 model-year vehicles.
        Bloomberg; AFP  -  488 words
      • 198 30 AFP [SEOUL] South Korea’s biggest automaker Hyundai Motor yesterday relaunched its Accent model after 11 years and said it expects annual global sales of 500,000 for the fuel-effi-cient sub-compact car. Hyundai said in a statement it would start making the new Accent in Russia and India
        AFP  -  198 words
      • 342 30 Industry needs more price hikes to return to profit: Deloitte Reuters [LONDON] Britain’s car insurance sector will return to profitability in 2011 after two years of steep losses, provided it can push through more price rises without losing customers, accountants Deloitte
        Reuters  -  342 words
      • 237 30 Reuters [TOKYO] Japan’s Suzuki Motor Corp said yesterday its April-September operating profit more than doubled as healthy sales in India made up for its stagnant motorcycle business and a stronger yen, and it lifted its annual guidance as expected. Suzuki, best known for its
        Reuters  -  237 words
  • Page 28 Advertisements

  • Page 29 Miscellaneous
    • 342 29 CRYPTIC CROSSWORD Across 1 Let down, head of newspaper turns on journalists (7) 5 Return made by salesman on a shoestring (7) 9 Pearl’s unfortunately cut by tin opener put this on it? (7) 10 Be master of gang connected with ship (7) 11 Got hold of prisoner with sensitivity
      342 words

  • Page 30 Advertisements
    • 224 30 9 y A W i r m i 1 i t. J i k« x ARITY FUN RUN IN TH[§ jmoting organisations with a h »r=w T Friday, 12 November 2010 4.30pm The Float Marina Bay Guest-of-Honour: Mrs Urn Hwee Hua, Minister, Prime Minister's Office, Second Minister for Finance and
      224 words

  • SINGAPORE STOCKS
    • 9039 31 Transaction date: Nov 2 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 21 14.5 3148 8Telecom 18.5 18 18.5 1.7 9.8 5.9 88.6 12 5 5834 A-Sonic 6 -0.5 100
      9,039 words
    • 1866 32 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 7 4 1181 t AA Grp 4.5 unch 30 4.5 4.5 4 4.5 25 4.3 225 130 6222 t APStrategic 163 158
      1,866 words
    • 9375 32 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.31/ APS Alpha Fund (USD)!** 1.02/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.96/0.96 AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,375 words
    • 859 32 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 $mil 124 107 6389 ABF SG Bond ETF 115 114.2 121 525 1036 761 CIMBAsean40 100US$ US1026 -2 4 1026 1026 1026 1032 41 325
      859 words
    • 77 32 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 $mil 55.5 38 6000 AVJennings A55 unch 7 55.5 55 53.5 56 3.6 6.4 4.4 143.2 55 16 6017 Genting HK US$ US46 +0.5 ***** 46.5
      77 words
  • Page 31 Advertisements
    • 66 31 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 B1-19 THE SHOPPES AT MARINA BAY SANDS (65) 6634 8825 SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 THE SHOPPES AT MARINA BAY SANDS (65) 6634 9782 VIVOCITY (65) 6278
      66 words


  • FINANCE & COMMODITIES
    • 374 33 In local curr In S$ In US$ dy yr dy yr dy yr Nov 1 Index Change Change Change Change Change Change World Index Preliminary 857.0 0.2 2.9 0.1 -3.5 0.3 4.9 EAFE Preliminary 774.7 0.0 -1.3 -0.1 -5.9 0.1 2.3 Europe Preliminary 1151.1 0.1
      374 words
    • 180 33 Nov 2 $S Offer Bid 0vernight 0.01 Par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.62 0.42 9 months 0.80 0.60 12
      180 words
    • 24 33 Nov 2 S$ Bid Offer 1-month 1.2891 1.2902 2-months 1.2891 1.2901 3-months 1.2891 1.2901 6-months 1.2890 1.2900 Source: OCBC Source: OCBC
      24 words
    • 121 33 Nov 02 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.319 1.245 Can dollar 1.298 1.249 Euro 1.831 1.761 Sterling pound 2.113 2.032 NZ dollar 1.017 0.969 US dollar 1.312 1.262 Local dollars to 100 units of foreign
      121 words
    • 27 33 Nov 2 Open High Sett STI Nov 3201 SIMSCI Nov 375.2 378.4 377.2 Taiwan Nov 297.1 298.2 296.5 Source: MF Global (S) Pte. Ltd
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    • 66 33 Nov 2 Source: Bernama KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 10 3080 3090 3090 3075 78 1941 Dec 10 3083 3093 3099 3070 1160 8542 Jan 11 3086 3090 3106 3077 7481 ***** Feb 11
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    • 424 33 Nov 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6750 0 8711 Mar11 99.6150 0 2257 Jun11 99.5750 0 1769 Sep11 99.5200 0 2056 EUROYEN TIBOR FUTURES Dec10 99.6800 99.6800 99.6800 99.6800 58 3236 Mar11 99.6850 99.6850 99.6850 99.6900 0 1551 Jun11 99.7000 99.7000 99.6950
      424 words
    • 147 33 Nov 2 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 10 409.0 404.0 409.0 21 Jan 11 407.0 407.0 407.0 24 Feb 11 404.0 402.5 405.5 38 Mar 11 406.0 Apr 11 403.0 403.0 407.5 10 May 11
      147 words
    • 84 33 Nov 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 02.02.2011 0.29 1-Year BY*****N 01.11.2011 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.94 104 103.98 5-Year N*****0S 2.875 01.07.2015 109.05 7-Year N*****0Z
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    • 105 33 Nov 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1225.25 1226.00 1236.50 1218.50 Jan 11 1235.00 1236.00 1246.25 1228.50 Mar 11 1240.00 1240.25 1250.00 1233.50 May 11 1240.00 1239.75 1249.00 1234.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 10 49.75 49.30 49.92
      105 words
    • 77 33 CRUDE OIL PRODUCTS Nov 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 84.86 1.74 WTI (Near Mth) 82.73 1.35 Dubai (1-Mth F) 81.03 0.62 Tapis blend 87.90 0.65 Minas 83.25 0.65 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 84.64 1.03 Jet Kerosene 93.85 0.20 US$/barrel Opec Oil
      77 words
    • 2409 33 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 3 0.5 83 1 3 2.00 1 6221 Asia-Pacific Strategic W*****6 39 1 150 16 4.18 42 6227 ASJ Hldgs W*****1 3.5 1 4 15
      2,409 words
    • 464 33 Nov 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.010 6.677 0.717 7.746 44.359 89.179 0.805 11.127 3.089 1.303 85.726 42.726 1.289 6.959 0.990 30.566 29.811 0.622 0.999 Canada 0.990 6.610
      464 words
    • 85 33 Nov 2 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 33 Nov 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2880 1.2893 0.9991 0.9993 Canadian dollar 1.2749 1.2765 0.9889 0.9894 Euro 1.7959 1.7976 1.3930 1.3933 NZ dollar 0.9877 0.9897 0.7661 0.7671 Sterling pound 2.0696 2.0715 1.6053 1.6056
      154 words
    • 139 33 Nov 2 GOLD (US$/oz) Nov 01 Nov 02 Hong Kong 1361.80 1357.30 Oct 29 Nov 01 London 1346.90 1352.30 1347.90 1353.30 Source: Thomson Reuters CAST BAR Nov 02 (S$) Selling Buying Kilobar "60,405.78" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 135 56 5gm 384 282 10gm 686
      139 words
    • 69 33 Nov 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2340.75 2316.00 3 months 2371.00 2344.00 Copper, Grade A (US$/tonne) Cash 8287.00 8186.75 3 months 8300.00 8200.00 Lead (US$/tonne) Cash 2442.75 2426.75 3 months 2465.00 2449.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 82 33 Nov 1 COCOA (£/tonne) Close Prev High/Low Dec 10 1842 1856 1863/1838 Mar 11 1868 1886 1892/1866 May 11 1893 1903 1905/1886 Jul 11 1912 1923 1926/1905 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1912 1965 1993/1912 Jan 11 1928 1970 2010/1921 Mar 11 1915 1955 1988/1910 May 11
      82 words
    • 5744 34 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.
      5,744 words



  • Page 36 Advertisements
    • 610 36 Waldorf Mansions at Moulmein/Balestier 11,384 sf land; Freehold; GPR 2.8 Subject Site Near Novena MRT, Velocity, United Sq Rectangular plot, quiet cul de sac 1 km to St. Joseph’s Inst Jr, Hong Wen Ideal for 50 units of 1-2 bedroom apts Tender Closing on 24 Nov 2010 (Wed), 2.30 pm
      610 words
  • executive Money
    • 1283 36  -  Views on the global outlook continue to differ widely as the developed and emerging worlds set off on divergent paths MONEY MATTERS HAREN SHAH The writer is senior investment specialist at Citi Private Bank. Opinions expressed herein should be regarded solely as general market commentary, and may
      Source: CEIC, MSCI, Citi Investment Research and Analysis (October 18, 2010)  -  1,283 words
    • 743 37 Sales growth is on a decline and this will stop firms from expanding or hiring NYT [NEW YORK] Investors may need to start worrying about corporate revenues again. This may come as a bit of a surprise because sales among companies in the
      NYT; AFP  -  743 words
    • 996 38  -  The Man AHL Trend Fund invests in futures contracts using a strictly quantitative strategy. GENEVIEVE CUA reports GENEVIEVE CUA A MANAGED futures fund, typically classified as a hedge fund, has finally made its way to the retail market after three years of effort. The
      996 words
    • 493 38 Bloomberg [LONDON] Barton Biggs warned of a US stockmarket bubble as early as January 1997 and stayed bearish for most of the following three years as the Standard Poor’s 500 Index surged more than 90 per cent to a record. A decade later, Mr Biggs
      Bloomberg  -  493 words

  • Page 37 Advertisements
    • 523 37 Get the vacation you're dreaming of when you trade globally. at j T~*~ From 1 October to 31 December 2010, every S$100 brokerage* accumulated on foreign market trades will earn you one Lucky Draw* chance.Trade now in foreign markets such as HKEX, Bursa Malaysia and NYSE and you could be
      523 words

  • Page 38 Advertisements
    • 102 38 Emerging Market Funds Wisdom never emerges overnight. On the ground expertise. Local understanding. Years of detailed research. That's the wisdom behind every one of our funds. J.P. Morgan a signature that delivers over 140 years of unparalleled wisdom to your investment portfolio. Talk to your investment advisor about our emerging
      102 words
    • 7 38 MONEY MATTERS A world divided PAGE 36
      7 words