The Business Times, 24 June 2011

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Microfilm: NL31534
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|2l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, June 24,2011
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  • Article
    Lock icon ECB chief raises the red flag
    946 1  -  Warnings about eurozone’s financial stability unnerve markets By MALMINDERJIT SINGH [SINGAPORE] European and American stock markets plunged yesterday as European Central Bank president Jean-Claude Trichet said the risk signals for financial stability in the euro area are flashing “red”, with the debt crisis threatening
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  • Article
    Lock icon MARKETS DIGEST
    144 1 GST INDEX 3,044.72 (+1.89) G ST INDEX FUTURES 3,045 (+2) G SIMSCI 351.64 (+0.75) H SIMSCI FUTURES 351.20 (-0.20) FOREX US$ S$ US$ (S$ per US$) 1.234 (US$/S$ per 1.603 1.977 EURO (US$/S$/E) 1.426 1.760 Foreign currency per US$ S$ YEN 80.60 65.30 RM 3.033 2.458 HK$ 7.789
    144 words
  • Article, Illustration
    Lock icon Tony Tan sets his sights on the elected presidency
    778 1  -  By CHUANG PECK MING [SINGAPORE] The Rendezvous on Bras Basah Road, a hotel restaurant long famous for its nasi padang, has been popular with Singapore’s government leaders Lee Kuan Yew is said to have eaten there when he was prime minister.
    THE STRAITS TIMES  -  778 words
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      145 1 BOOKS The Tao of Theroux PAGE 34 HOCK LOCK SIEW Time to raise standards, rethink regulatory approach PAGE COMMENTARY The future of mobile money PAGE 23 EXECUTIVE LIFESTYLE Big buzz in Little India PAGE 29 8 '*****1 *****4 Rot ra GENEVE Creator of dreams C LE ROYAL V r \fitaire
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      572 2 ECB chief raises the red flag EUROPEAN and American stock markets plunged yesterday as European Central Bank president Jean-Claude Trichet said the risk signals for financial stability in the euro area are flashing “red”, with the debt crisis threatening to infect banks. Mr Trichet’s announcement added more pressure
      572 words
    • Article
      Lock icon Asia-Pac overtakes Europe in millionaire numbers
      512 2  -  Region posts fastest growth of 9.7% to 3.3m HNWIs with US$10.8t: report By KELLY TAY [SINGAPORE] Asia-Pacific’s millionaires are now no longer just wealthier than their European counterparts they are also greater in number. Posting the world’s sharpest regional millionaire growth rate of 9.7
      512 words
    • Article
      Lock icon Pound at one-year low against S$
      386 2  -  It falls against US$ too amid weak UK economic data By EMILYN YAP [SINGAPORE] The sterling was pounded yesterday by a series of discouraging developments, ranging from weakening retail sales to dovish leanings within the Bank of England. The currency fell to a year-low
      386 words
    • Article
      Lock icon Rival candidates raise the ‘independence’ issue
      943 4  -  They highlight Tony Tan’s close affiliation with the political establishment By TEH SHI NING [SINGAPORE] Tony Tan has, in recent years, been known as much for his prescient takes on where the global economy is headed, as for his trademark combed-back silver hair. When
      943 words
    • Article, Illustration
      Lock icon Fed’s gloomy outlook sparks sell-off on Wall St
      825 4  -  Sobering remarks halt a 4-day winning streak by stocks By STEPHEN RAPHAEL By in New York IN the short space of an hour on Wednesday afternoon, the US Federal Reserve delivered sobering news and a gloomy outlook on the state of the
      AP  -  825 words
    • Article
      Lock icon New chip to detect germs in 2 hrs
      347 4  -  By KELLY TAY [SINGAPORE] Chalk up another world-first for Singapore, this time in the realm of food security. Local life sciences company Veredus Laboratories and its technology partner, NYSE-listed STMicroelectronics, yesterday launched VereFoodborne a new Lab-on-Chip application that can detect and differentiate
      347 words
    • Article, Illustration
      Lock icon Genting plans US$3b Resorts World Miami
      766 4  -  By LEE U-WEN [SINGAPORE] Just 16 months after opening Resorts World Sentosa (RWS) in Singapore, Genting Malaysia is now busy spreading its wings further in the North American market, with ambitious plans to build a US$3 billion luxury hotel resort in downtown Miami. The
      BLOOMBERG  -  766 words
    • Article
      Lock icon S’pore oil traders expect volatile third quarter
      434 4  -  New worries include the faltering US and eurozone economies By RONNIE LIM [SINGAPORE] OIL traders here have had a harrowing second quarter with an extremely volatile market, and they expect the coming third quarter to be no different. “The problems can impact the
      434 words
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      229 2 Mount Elizabeth A PARKWAYHEALTH HOSPITAL Parkway Fertility Centre f tr* gift EvervbabvisaP^ Because we care for you, we are with you every step of the way providing a shoulder when you need to lean on and rejoicing with you when your baby is born. This is our philosophy to put
      229 words
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      64 3 Inspired performance. Unleashing soon Register at www.infiniti-singapore.com and be the first to receive priority updates on Infiniti cars. I N F I N I T I Alternatively, call our Infiniti Brand Ambassadors at 6378 2623 or email infiniti.sales@wearnes. com tofindoutmore. Inspired Performance WEARNES AUTOMOTIVE 45 LENG KEE ROAD SINGAPORE *****3
      64 words
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      59 4 Wanted to Buy Food Trading Company We are interested in acquiring a small to medium sized company in Singapore engaged in international trading of Food, Honey, Water Tea etc. Fresh Produce, Agri Commodities Milk and Milk Related Products Please email us your expression of interest to:sales@freshpride.co.nz Fresh Pride NZ Ltd.
      59 words
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      307 5 o Sentosa Come home to Asia's most desirable waterfront address Reflections at Keppel Bay. The centrepiece of Singapore's most daring icon is now released for sale. Breathtaking ocean vistas. A vibrant waterfront playground. Towering majestically over Singapore's southern shorelines, Reflections at Keppel Bay redefines world-class waterfront living. Select from our
      307 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Optus reaches A$800m pact with NBN Co
      403 6  -  Switch to Australia’s upcoming high-speed fibre-optic network By WINSTON CHAI SINGAPORE Telecommunications unit Optus has reached an A$800 million (S$1.1 billion) pact with the Australian authorities to phase out its current Internet infrastructure and switch over to the country’s upcoming high-speed fi-bre-optic network.
      FILE PHOTO  -  403 words
    • Article
      Lock icon Yangzijiang unit signs US$800m containership deal
      357 6  -  By LYNN KAN YANGZIJIANG’s wholly owned subsidiary has inked a letter of intent (LOI) to build eight 10,000 TEU (twenty-foot equivalent unit) container ships worth an estimated US$800 million to US$1 billion. Analysts from DBS Vickers said the vessels for German ship manager Peter
      357 words
    • Article
      Lock icon Time to raise standards and rethink regulatory approach
      926 6  -  HOCK LOCK SIEW By R SIVANITHY HOW is it that fundamentally good companies are delisting from the Singapore Exchange (SGX) or seeking a dual listing elsewhere while S-chips, tainted by dubious accounting and governance practices, are still listed and in many cases
      926 words
    • Article
      Lock icon South-east Asia shines in IPO race: Goldman
      605 8  -  By TEH HOOI LING IN a market plagued by volatility and negative sentiments, South-east Asia stands out as a bright spot when it comes to initial public offerings (IPOs), says Goldman Sachs, the leader in equity underwriting globally to date this year. There
      605 words
    • Article
      Lock icon First-half M&A activity in S’pore surges 40.8%
      480 8  -  Temasek-linked deals fuel rise to US$23.3b, highest since 2008 By JAMIE LEE TEMASEK Holdings’ deal-making in the first six months of the year pushed overall mergers and acquisition (M&A) activity in Singapore up 40.8 per cent to US$23.3 billion, making it the busiest
      480 words
    • Article, Illustration
      Lock icon Keppel releases first sustainability report
      383 8  -  By LYNN KAN KEPPEL Corporation has released its first sustainability report detailing its environmental performance, governance, safety standards and labour practices. The report says that Keppel Corp saved about 44.8 million kilowatt hours in energy last year, enough to power 115,676 fourroom Housing and Development
      FILE PHOTO  -  383 words
    • Article, Illustration
      Lock icon CapitaLand to get new CFO
      502 11  -  Olivier Lim to assume new post, will remain as Australand chairman By KALPANA RASHIWALA CAPITALAND has announced another change in its top management. Group chief financial officer (CFO) Olivier Lim will step down from his current post to assume a new appointment in the group,
      502 words
    • Article
      Lock icon One more firm in ThinkEnv gold-mining list
      333 11  -  By FELDA CHAY THE Think Environmental Company (ThinkEnv) is investing up to US$16 million for a 51 per cent stake in a firm that owns gold exploration and mining licences in Mongolia. The green energy turned gold miner said that it has agreed
      333 words
    • Article
      Lock icon GLP to work more closely with Vancl
      137 11 Reuters SINGAPORE’S Global Logistic Properties (GLP), which owns warehouses in China and Japan, said yesterday that it has signed a pact that will see it work more closely with Chinese online retailer Vancl. Vancl, China’s largest apparel e-commerce retailer, is GLP’s second largest
      Reuters  -  137 words
    • COMPANY BRIEFS
      • Article
        Lock icon Deputy CEO of MLTM quits
        53 11 MICHAEL James de Jong-Douglas, the deputy chief executive officer of Mapletree Logistics Trust Management (MLTM), has resigned. Dr de Jong-Douglas shared the responsibilities of building up Mapletree Logistics Trust’s logistics platform with the chief executive officer and the chief financial officer by focusing on development,
        53 words
      • Article
        Lock icon Metax Engg unit signs MOU on water plants
        100 11 METAX Engineering Corporation’s wholly owned subsidiary, Metax Eco Solutions (MES), has signed a legally binding memorandum of understanding (MOU) with PT Jimbaran Hijau to design and build water and wastewater treatment plants for the Bali International Park. The park is the venue
        100 words
      • Article
        Lock icon Hu An Cable bags 102.8m yuan deals
        36 11 HU An Cable Holdings has won contracts worth 102.8 million yuan (S$19.7 million) from Shenhua Group Corporation for projects relating to power and thermal generation, coal, railway and mining.
        36 words
      • Article
        Lock icon KXD plans legal action against ex-director
        65 11 KXD Digital Entertainment said yesterday that it intends to initiate legal action against former director Liu Fusheng to claim damages “for the breach of his fiduciary duties to the company”, and/or “breach of his duties...under the Companies Act”. The company has appointed TSMP Law
        65 words
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      1974 6 IT-SELL IT-FIND IT [•iATci I C F Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES mmm REYOUNG Reyoung Pharmaceutical Holdings Limited (the "Company") (Incorporated in Bermuda) (Company Registration No.: *****) NOTICE OF ANNUAL GENERAL MEETING YOU ARE HEREBY NOTIFIED that the 2011 Annual General Meeting of the Company will be held at
      1,974 words
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      132 7 www.vw. com. sg With great power comes great responsibility. TO5 e/ Or i 2 l/OB n 9032 NT 51 The new Touareg Hybrid. With 380 bhp the new Touareg Hybrid is one of the most powerful hybrid SUVs on the road. Its supercharged 3.0 V6 TSI engine, together with an
      132 words
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      343 8 if. -y ICON. A LIFESTYLE. YOUR WINNING INVESTMENT v A E N B L O C N>K v ill k. 'j r m 'ttUlii 15 I "iinia^ nr «l fcV|& m < m 11 ;mim |Pi I 'T, WH<» Si;ilHft rati t in nnfifT) m my n, tana maimm; nj
      343 words
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      29 9 Business Times, Friday, June 24, 2011 tomorrow greener a for Favourite! ’s MR-Z65R www.MitsubishiElectric.com.sg Holidays Public on Closed 6pm) (10am Sunday Saturday 5.30pm), (8.30am Friday Monday Family Hours: Opening
      29 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Volatile session spent tracking HK
      577 10  -  Straits Times Index first slides into negative territory, then rebounds before closing marginally up STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) underwent a volatile session yesterday, tracking Hong Kong’s Hang Seng Index while trying to anticipate how Wall Street might perform on
      Source: Bloomberg  -  577 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 10 Jun 23 VALUE CLOSE BT OB/OS -805.00 BT CADI -*****.00 -21.00 BT 10-day MA -*****.00 -81.00 FTSE ST Mid Cap 727.63 -1.30 FTSE ST Small Cap 505.07 +0.22 FTSE ST All Share 743.77 +0.17 FTSE ST China Top 245.93 -1.64 FTSE ST China 284.47 -2.77 FTSE ST
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 5 0 0 0 2 8 5 Manufacturing 36 48 54 3 4 8 39 52 62 Commerce 18 17 22 2 0 6 20 17 28 Tpt/Stor/Comms 12 18 11
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Yangzijiang Shipbuilding (Holdings)
        282 10 June 23 close: S$1.39 DMG PARTNERS RESEARCH, June 23 Hot on the heels of the order for seven container ships from Seaspan, Yangzijiang Shipbuilding (Holdings) has signed a letter of intent for another eight 10,000 twenty-foot equivalent unit (TEU) container ships valued at around US$1 billion. In
        Source: Bloomberg  -  282 words
      • Article, Illustration
        Lock icon STX OSV Holdings
        346 10  -  Compiled by CONRAD TAN June 23 close: S$1.27 DBS GROUP RESEARCH, June 23 STX OSV Holdings has secured new contracts valued at 1.2 billion Norwegian kroner (S$268.7 million). The contracts, from existing customer Farstad Shipping, are for two deep water AHTS (anchor handling and offshore service vessels)
        Source: Bloomberg  -  346 words
      • Article
        Lock icon Glossary:
        136 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,324 24,324 67,610 67,610 Manufacturing 238,593 8,901 247,494 220,960 215 221,175 Commerce 53,051 3,690 56,741 102,804 364 103,168 Tpt/Stor/Comms 116,090 4,007 120,097 200,414 433 200,847 Finance 20,992 20,992 178,547 178,547 Construction 11,738 3,425 15,163 3,297
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.420 +0.010 CapitaLand 2.820 +0.020 CapitaMall 1.900 CityDev 10.320 -0.180 ComfortDelGro 1.400 +0.020 DBS Grp 14.360 +0.120 F&N 5.620 +0.070 GLP 1.950 -0.040 Genting SP 1.890 +0.020 Golden Agri 0.675 +0.005 HK Land 7.070 -0.230 JMH 54.400
      109 words
    • Article, Illustration
      Lock icon Dollar rises on growth concerns; euro tumbles
      495 10 CURRENCIES Reuters [NEW YORK] The dollar advanced yesterday as heightened concerns about slowing global growth spurred a flight to safety, following a bleak US outlook by Federal Reserve chairman Ben Bernanke and persistent uncertainty about Greece’s debt crisis. The euro tumbled, hitting record
      Reuters; FILE PHOTO  -  495 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 10 VOLUME Golden Agri 92,262,000 Yangzijiang 41,044,000 Genting SP 40,880,000 Thai Beverage 35,138,000 Samko 27,786,000 HPH Trust US$ 27,683,000 SingTel 22,365,000 Memtech 14,565,000 NOL 14,376,000 Dyna-Mac 13,789,000 VALUE($) Genting SP 76,790,400 SingTel 69,127,280 Golden Agri 62,236,840 Yangzijiang 58,096,420 OCBC Bk 57,149,990 DBS Grp 50,996,960 Keppel Corp 49,507,900 UOB
      57 words
    • Article
      Lock icon RISES
      119 10 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 233.7 1.1 DBXT SPASX200 10US$ 3458 46.9 1.1 DBXT Nifty 10US$ ***** 39.5 0.3 DBXT S&P Short 10US$ 4343 38.2 0.7 DBXT S&P500 10US$ 2027 32.1 1.3 DBS Bk 4.7% NCPS 100 ***** 20.0 0.2 Lyxor Europe 10 US$ 1345
      119 words
    • Article
      Lock icon FALLS
      123 10 BY CENTS CLOSE DOWN DBXT MSEurope 10US$ 4718-181.3 -3.0 IS S&P500 *****-124.6 -0.8 GLD 10US$ ***** -71.5 -0.4 DBXT MSKorea 10US$ 6090 -61.7 -0.8 DBXT FTChina25 10US$ 3040 -59.2 -1.6 Jardine C&C 3980 -58.0 -1.4 Hyflux 6% CPS 10 ***** -40.0 -0.4 JMH 5440 -37.0 -0.5 Lyxor China H
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      193 11 (rJo^Col S E N T O S A SINGAPORE GOURMET KITCHEN presents GLOBA Michelin-Starred Hong Kong Chef Mak Kwai Pui, one of the rare few dim sum chefs awarded this culinary honour and named one of the "Most Influential People in Asia" by CNN, presents exquisite dim sum specialties that
      193 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon May inflation rate at higher than expected 4.5%
      620 12  -  Consumer price index driven up by higher cost of housing By MICHELLE QUAH DRIVEN mostly by rising housing costs, Singapore’s inflation rate for May came in at 4.5 per cent unchanged from April but higher than expected. While the rise in the
      BLOOMBERG  -  620 words
    • Article
      Lock icon West Coast site gets $176m bid
      471 12  -  By EMILYN YAP THE top bid for a residential site opposite West Coast Park came in at $175.78 million or $461 per square foot per plot ratio (psf ppr) yesterday, falling below market expectations. When the government launched the tender for the 99-year leasehold
      471 words
    • Article
      Lock icon Prime retail rentals up 0.5% in Q2
      354 12  -  By CARINE LEE RETAIL rentals in the Orchard Road belt, including Scotts Road, rose to $40 per sq ft per month in the second quarter of 2011, according to estimates by DTZ Research. This is a 0.5 per cent increase quarter-on-quarter for prime
      354 words
    • Article, Illustration
      Lock icon Most SMEs look to China for expansion: poll
      391 12  -  By TAM YU LING SINGAPORE’S small and medium enterprises (SMEs) can look to China a rising global economic powerhouse for overseas expansion of their brand presence. A recent survey on 111 SMEs has shown that seven out of 10 are currently doing
      391 words
    • Article
      Lock icon Singapore ranked Asia’s top City of Opportunity
      482 12  -  By DICKSON LI SINGAPORE remains Asia’s leading city of opportunity and ninth among 26 worldwide in a global study of financial capitals to identify “holistic” cities with a balanced economy and a strong quality of life. Notably, it edged out arch rival Hong
      482 words
    • Article
      Lock icon IE Singapore launches biomed R&D consortium
      337 12  -  The group will help firms tap outsourced R&D market in Asia By JASMINE NG SEVEN Singapore-based biomedical research and development (R&D) companies are joining forces to offer a complete suite of product development services, International Enterprise (IE) Singapore announced yesterday. It has initiated the
      337 words
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  • MANAGING RISKS
    • Article, Illustration
      Lock icon Making risk management a priority
      1606 13  -  Companies need to allocate more resources to cope with risks and ‘black swan’ events, reports LYNETTE KHOO reports LYNETTE KHOO RISK management has been brought to the fore since the financial crisis. Once considered a brake on growth and seen to compete with revenue-generat-ing resources,
      REUTERS  -  1,606 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US credit rating hinges on govt
      616 14 The US will lose its AAA rating if failure to raise its debt limit causes a default Bloomberg [NEW YORK] The US would risk not winning back its top Aaa credit rating soon if a failure by Congress to raise the nation’s debt limit
      Bloomberg; BLOOMBERG  -  616 words
    • Article
      Lock icon Hedge funds come under SEC oversight
      539 14 NYT [NEW YORK] A divided Securities and Exchange Commission approved new rules on Wednesday that would impose sweeping disclosure requirements on large hedge funds and other private investment advisers, a first for an industry that has long eluded Washington oversight. The rules will require
      NYT  -  539 words
    • Article
      Lock icon Foreign banks muscling in on Aussie action
      697 14 Asia, Europe lenders race for share of high-margin market Reuters [SYDNEY] Australia’s banking sector is set to be more competitive as Asian and European lenders race to grab market share in a high-margin lending market, helped by new tax relief and a more
      Reuters  -  697 words
    • Article, Illustration
      Lock icon ‘Woody Allen Syndrome’ ails NZ: economist
      594 14 Bloomberg [WELLINGTON] New Zealanders worrying about their economy resemble a neurotic Woody Allen character whose depression and complaints are unjustified, says US economist Sebastian Edwards. The population is convinced “the future looks bleak”, the professor of international economics at the University of California, Los
      Bloomberg  -  594 words
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      54 14 JERRY LUM Snr Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg Million Dollar CASH tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY CARING TO CONNECT The Indian Women's Association is reaching out to more in the community BOLLYWOOD WELCOMES HALFINDIANS AND FOREIGNERS ir GET YOUR COPY TODAY FROM ALL 7-ELEVEN
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      21 14 The NEW WW* Android app SgBfqVyHT°D fl '"S BEST MUSIC MARRIED MB <r.r,t; S o DOWNLOAD IT FREE AT RADI09I3.COM NOW!
      21 words
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      663 15 At the heart of the image P7000 When the Nikon D7000 wins four prestigious awards, you know there is no competition. Technical gurus applaud the Nikon D7000 for its technical wizardry with the TIPA"Best DSLR Advanced" Award and HWZ Editor's Choice Award. Designers can't get over its perfect form giving
      663 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Maybank and CIMB quit race for RHB Capital
      528 16  -  They confirm news report that had driven RHB Capital shares down 6% By in Kuala PAULINE NG in Kuala Lumpur MAYBANK and CIMB, Malaysia’s largest financial groups, have aborted their respective bids to take over RHB Capital, the country’s fifth largest lender.
      REUTERS  -  528 words
    • Article
      Lock icon Poor race relations due to press freedom: Dr M
      561 16  -  They’ve gone worse since he retired as PM in 2003, he says By in S JAYASANKARAN in Kuala Lumpur FORMER prime minister Mahathir Mohamad has singled out press freedom as the cause of Malaysia’s current state of poor race relations which,
      561 words
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      Lock icon Page 16 Advertisements Column 1
      345 16 w I i i WINE DINE AND HOSPITALITY Seek a cool respite with a 10-course summer kaiseki experience at $160 per diner, amidst an oasis of serenity at Keyaki. The highlights of the Minazuki Kaiseki Menu include Grilled Wagyu Foie Gras with Original Steak Sauce, Steamed Baby Abalone Summer Vegetables
      345 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China industries show little growth
      725 17 June slowdown reflects impact of tightening measures, low global demand Reuters [BEIJING] China’s factory sector barely expanded in June even as price pressures eased, a purchasing managers’ survey showed yesterday, reflecting the impact of monetary policy tightening and slack global demand. The flash HSBC PMI
      Reuters; AFP  -  725 words
    • Article
      Lock icon Some Indian states as poor as war-torn nations: study
      495 17 AFP [MUMBAI] India’s poorest states have per capita wealth comparable to some of the most war-torn and impoverished African countries, according to new analysis from The Economist magazine. The current affairs and business magazine assessed the gross domestic product (GDP), adjusted
      AFP  -  495 words
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      3717 17 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LERENO BIO-CHEM LTD (Incorporated in the Republic of Singapore) (Registration No. *****1961C) NOTICE OF EXPIRY OF WARRANTS W*****8 TO: ALL HOLDERS OF WARRANTS W*****8 (THE "WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY SHARES IN THE CAPITAL OF LERENO BIO-CHEM LTD (THE "COMPANY") THIS NOTICE
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  • WORLD
    • Article
      Lock icon Japan’s industry worried about power shortage
      604 18  -  Panel wants govt to reopen nuclear plants shut down after March quake By in Tokyo ANTHONY ROWLEY in Tokyo JAPAN faces a new threat of industrial “hollowing out” triggered not by a strong yen but by the threat of power outages in the wake
      604 words
    • Article
      Lock icon Banks, retailers to lead Thai rebound
      492 18 Political tension seen easing after July 3 election Bloomberg [BANGKOK] Thailand’s banks and retailers are set to lead a rebound in the nation’s equities in the second half as their earnings will benefit from increased government spending, Ayudhya Fund Management Co Ltd said. The
      Bloomberg  -  492 words
    • Article, Illustration
      Lock icon Philippines’ billionaire list grows to record 11
      451 18 AFP [MANILA] A booming stock market has expanded the Philippines’ billionaires’ list to a record 11, with the combined wealth of the 40 richest also hitting an all-time high, Forbes.com said yesterday. Shopping mall king Henry Sy, 86, saw his assets surge 44
      AFP; BLOOMBERG PHOTOS  -  451 words
    • Article, Illustration
      Lock icon FIFA ethics committee found ‘compelling’ evidence of bribery
      405 19 AP [GENEVA] FIFA had “compelling” evidence that Mohamed bin Hammam and Jack Warner conspired to bribe voters in the organisation’s presidential election before it suspended them from world football’s governing body. FIFA’s ethics committee concluded that the allegations that Mr Bin Hammam
      AP; AP, REUTERS  -  405 words
    • Article
      Lock icon US may bar foreign banks over tax violations
      348 19 Bloomberg [NEWARK] The US could try to bar certain foreign banks from the federal banking system for helping American citizens evade taxes through offshore accounts, a prosecutor said. Kevin Downing, who led the prosecution of UBS AG in 2009, said that the
      Bloomberg  -  348 words
    • Article
      Lock icon G-20 adopts plan to tame farm market speculation
      432 19 Ministers also agree on a market information system to cut volatility AFP [PARIS] Farm ministers from the world’s top economies agreed on action yesterday to tame market speculation blamed for the food price spikes that have hit consumers’ pockets and sparked unrest.
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    • Article
      Lock icon EU leaders to pressure Greece on reforms
      586 20 They will release next 12b euros in emergency aid if Athens complies Reuters [BRUSSELS] European Union (EU) leaders will pile pressure on Greece at a summit that is underway in Brussels to adopt deeply unpopular austerity measures in return for fresh funds to
      Reuters  -  586 words
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      Lock icon Sales of new homes fall 2.1% in May
      417 20 LATEST US DATA AP [WASHINGTON] Fewer Americans bought new homes last month, the latest sign that the struggling housing market won’t rebound this year. The Commerce Department says new home sales fell 2.1 per cent in May to a seasonally adjusted annual
      AP; AFP  -  417 words
    • Article
      Lock icon Investors doubtful on Clegg’s giveaway plan
      572 20 Reuters [LONDON] Investors are sceptical about a proposal by Britain’s deputy prime minister to give every UK voter shares in the country’s state-owned banks, saying the plan would be difficult to execute and could be counter-produc-tive. Deputy Prime Minister Nick Clegg, who heads the
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      Lock icon Colourful characters spice up Thai election
      463 20 AFP [BANGKOK] A charismatic former massage parlour kingpin and a one-time coup general are among the wilder characters wooing voters as elections loom in politically volatile Thailand. Among the mostly banal images of suited hopefuls on party billboards, a few candidates stand out one
      AFP  -  463 words
    • Article
      Lock icon Oil tumbles on stock release by US, IEA
      312 20 Reuters [LONDON] Oil fell sharply yesterday with North Sea Brent down more than US$8 per barrel after the United States and International Energy Agency (IEA) said they would release 60 million barrels of oil from strategic stockpiles to help the global economy.
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      297 18 ChiKT dN A children's charity concert for The Straits Times School Pocket Money Fund &The Business Times Budding Artists Fund i r a r a is r •S) Budding Artists Fund STRAITS TIMES. r Extend your love through Friendship and Hope, our theme for ChildAid 2011 an annual charity concert
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      2218 19 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MATRIC HOLDINGS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****0198N) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of the abovenamed
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      12 20 sg omy > yzone <y&" 44 r ait BIB: 6^28B AST Wtt*ns showbiz.omy.sg
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      54 20 Choice f T inSingaP 010 V HsiNGAVORE FEVER Jl m Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. An English weekly available free every Friday at all 7-Eleven outlets For advertising enquiries, call
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  • AVIATION/SHIPPING
    • Article
      Lock icon AirAsia orders 200 Airbus A320neo planes
      592 21  -  The US$18.2b deal is the biggest single aircraft order for Europe’s planemaker By VEN SREENIVASAN AIRASIA is buying 200 Airbus A320neo single-aisle planes from Airbus, making the deal the European planemaker’s biggest-ever single aircraft order and its third biggest by value. Flanked by Airbus
      592 words
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3326 21 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1245 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 --JL7893 2225 MU8439 2225 QF82 2225 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031
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      Lock icon S’pore Airshow next year expected to attract record number of exhibitors
      470 21  -  By VEN SREENIVASAN THE 2012 Singapore Airshow should attract record numbers of global players, if the take-up rates secured by organiser Experia Events at this week’s Paris Airshow are any indication. Experia Events managing director Jimmy Lau said the
      470 words
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      Lock icon Aussie carriers ground New Zealand flights
      256 21 AFP [SYDNEY] Australian airlines grounded flights to and from New Zealand yesterday due to the Chilean ash cloud, although Air New Zealand operated as normal. All Qantas, Jetstar, and Virgin services across the Tasman were cancelled all day, despite earlier hopes that they might
      AFP; REUTERS  -  256 words
    • Article
      Lock icon India to set up ports investment firm
      297 21 Indian Ports’ Global will be established within a month Bloomberg [NEW DELHI] India plans to set up a 25 billion-rupee (S 6 8 8 million) stateowned company to invest in overseas ports and terminals to help boost international trade, two people familiar with
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    • Article
      Lock icon TRANSPORT STOCKS
      278 21 SGX '000 Jun 23 S$ +/-Vol CH Offshore 0.43 unch 201 Chuan Hup Hldg 0.25 -0.01 40 Cosco Corp 1.87 0.04 ***** CWT Ltd 1.23 unch 309 Ezra Hldgs 1.33 unch 1823 First Ship Lea 0.35 unch 181 Freight Links 0.06 unch 932 Grand Banks unch unch 0
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      Lock icon UK government’s proposals to cut coast guard funding rejected
      228 21 Bloomberg [LONDON] UK government proposals to cut the number of coast guard centres while removing funding from emergency towing ships and marine firefighters were rejected by a cross-party panel of lawmakers. The plans should be redrawn to protect the safety of
      Bloomberg  -  228 words
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      88 21 WeAreNot“TigerLines” It has come to our attention that a company associated with Avin International SA and Zeniba Shipping of Greece is carrying on business as a feeder service operator between Singapore Malaysia and the Philippines, under the name and style of TIGER LINES. For the avoidance of doubt, we would
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  • EDITORIAL & OPINION
    • Article
      Lock icon Putting technology to work
      473 22 EDITORIAL WHEN Singapore hosts a global business event, the occasion provides a ready-made platform for major launches or news announcements. This week’s Infocomm Media Business Exchange 2011 (imbX) is no exception. There have been no spectacular headlines this time around; nothing along the lines of a
      473 words
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      Lock icon Manila, Beijing should manage ties with care
      997 22  -  Philippines’ boycott of Chinese goods over territorial row isn’t helpful to both nations By AL LABITA The writer is a Manila-based contributor to BT in Manila TURNING to his old reliable abacus, ethnic Chinese trader Benny Tang is puzzled by the numbers: a
      AFP  -  997 words
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      Lock icon All should be willing to accept UN’s say on Spratly
      780 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter @FrankChing1 TENSIONS over the South China Sea territorial disputes continue to escalate with the holding of military exercises by virtually all parties
      780 words
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      Lock icon The future of mobile money
      1231 23  -  The latest mode of payments is poised to be a multibillion-dollar industry in the next three to five years By ALBERTO JIMENEZ MONEY is changing. At the beginning, it was salt, gold and copper, and then we moved on to coins or paper. Later, we
      AFP  -  1,231 words
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      Lock icon No QE3, so ball now in politicians’ court
      690 23  -  LEON HADAR Washington Correspondent POLICYMAKERS at the US central bank have been surprised by the continuing weakness of the American economy but they are hoping that things will pick up later this year. This sense of apprehension about the current slow pace
      AFP  -  690 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8196 24 Transaction date: Jun 23 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 15 8Telecom 15.5 unch 20 15.5 15.5 15.5 16 7.8 3.9 3.2 74.2 12 4.5 A-Sonic 7 -0.5 20
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      Lock icon SGX CATALIST
      1493 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 5.5 4 t AA Grp 4 3.5 4.5 19 3.9 202 142 t APStrategic 151 -10 22 156 142 150 156 89.6 1.5 0.5
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    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9897 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.33/ APS Alpha Fund (USD)!** 1.08/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.72/ Aberdeen Asset Mgt Asia Limited American Opp 0.6409/ Asian Credit Fund
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      Lock icon GLOBALQUOTE
      224 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A46 44 48 3.6 7.6 3.7 119.8 55 18 Genting HK US$ US34.5 -0.5 8252 35.5 34.5 34.5 35 2271.7 21 12 Over&Gen A15
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      Lock icon SGX ETF
      868 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 117 113 117 534.1 1077 832 CIMBAsean40 100US$ US1027 -4 0 1029 1027 1027 1040 41.1 350 283 DBS STI
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 26 In local curr In S$ In US$ dy yr dy yr dy yr Jun 22 Index Change Change Change Change Change Change World Index Preliminary 894.3 0.1 -0.4 0.1 -2.1 0.2 1.9 EAFE Preliminary 769.8 0.1 -3.9 0.2 -3.1 0.3 0.8 Europe Preliminary 1145.0 -0.4
      374 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Jun 22 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.61 1.59 WTI (Near Mth) 94.58 1.42 Dubai (1-Mth F) 104.94 -1.11 Tapis blend 116.74 -1.30 Minas 113.04 -1.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.00 -0.50 Jet Kerosene 123.60 -2.45 US$/barrel Opec Oil
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    • Article
      Lock icon SICOM FUTURES
      159 26 Jun 23 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 11 465.0 465.0 465.0 10 106 Aug 11 472.0 470.0 470.0 24 121 Sep 11 474.0 465.0 465.0 86 406 Oct 11 473.0 465.0 465.0 50 292 Nov
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      Lock icon SMX MARKET UPDATE
      80 26 www.smx.com.sg As on 22 June 2011 PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1558.5 1543.1 1553.5 1546.1 Silver Cash Jul-11 36.05 36.05 36.745 36.365 Silver Cash Sep-11 36.76 36.38 CURRENCY Euro-US Dollar Sep-11 1.4404 1.4318 1.4391 1.4343 Aust-US Dollar Sep-11 1.0476 1.0466
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Jun 23 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.347 1.271 Can dollar 1.291 1.242 Euro 1.802 1.733 Sterling pound 2.017 1.94 NZ dollar 1.034 0.985 US dollar 1.252 1.204 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      177 26 Jun 23 $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.32 0.22 3 months 0.36 0.26 6 months 0.46 0.36 9 months 0.70 0.50 12
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    • Article
      Lock icon CHICAGO BOT
      107 26 Jun 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1330.25 1348.75 1351.75 1320.50 Aug 11 1331.00 1348.75 1351.25 1321.75 Sep 11 1329.00 1347.00 1350.00 1320.25 Nov 11 1332.50 1349.75 1353.75 1323.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 56.15
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    • Article
      Lock icon GOVERNMENT SECURITIES
      77 26 Jun 23 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 22.09.2011 0.32 1-Year BY*****X 02.05.2012 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.12 5-Year N*****0W 1.125 01.04.2016 100.56 100.70 100.65 10-Year NX*****X
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      457 26 Jun 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6100 0 6978 Dec11 99.5450 0 2933 Mar12 99.5000 0 1178 Jun12 99.4200 0 1306 EUROYEN TIBOR FUTURES Sep11 99.6675 0 1251 Dec11 99.6650 99.6650 99.6650 99.6650 0 1392 Mar12 99.6600 99.6600 99.6600 99.6550 0 1823
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 26 Jun 23 Open High Sett STI Jun 3045 SIMSCI Jun 350.8 353.5 351.2 Taiwan Jun 302.7 303.8 300.2 Source: MF Global (S) Pte Ltd
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2598 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 23.5 1 150 15 6.43 35 ASJ Hldgs W*****1 1.5 1 4 38 2.67 8 AlliedTech W*****2 1.5 1 4 29 Asia Water Tech Ltd W*****8 3 -0.5
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      Lock icon INTERBANK CROSS RATES
      462 26 Jun 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.025 6.811 0.738 8.200 47.284 90.563 0.848 11.337 3.193 1.293 90.247 45.774 1.299 7.154 0.886 30.454 32.114 0.657 1.053 Canada 0.976 6.647
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    • Article
      Lock icon SIBOR
      85 26 Jun 23 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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      Lock icon PRECIOUS METALS
      140 26 Jun 23 GOLD (US$/oz) Jun 23 Jun 22 Hong Kong 1546.60 1548.00 Jun 22 Jun 21 London 1556.50 1545.97 1557.30 1546.72 Source: Thomson Reuters Source: Reuters CAST BAR Jun 23 (S$) Selling Buying Kilobar 65,852.08 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 148 61 5gm 419 307
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      Lock icon LONDON METALS
      71 26 Jun 22 Jun 22 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2520.25 2510.50 3 months 2550.00 2541.00 Copper, Grade A (US$/tonne) Cash 9010.00 9074.00 3 months 9015.00 9080.00 Lead (US$/tonne) Cash 2532.00 2447.50 3 months 2544.00 2460.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Jun 23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2982 1.2996 1.0526 1.0529 Canadian dollar 1.2670 1.2684 1.0273 1.0276 Euro 1.7588 1.7606 1.4261 1.4264 NZ dollar 1.0042 1.0055 0.8142 0.8146 Sterling pound 1.9762 1.9783 1.6024 1.6028
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      Lock icon US$/S$ FORWARD RATES
      22 26 Jun 23 S$ Bid Offer 1-month 1.2333 1.2343 2-months 1.2332 1.2342 3-months 1.2331 1.2342 6-months 1.2327 1.2337 Source: OCBC
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    • Article
      Lock icon PALM OIL
      67 26 Jun 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 11 3190 3169 3199 3155 535 3988 Aug 11 3154 3154 3189 3143 2160 ***** Sep 11 3146 3136 3178 3130 ***** ***** Oct 11 3145 3136
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      Lock icon LIFFE
      82 26 Jun 22 COCOA (£/tonne) Close Prev High/Low Jul 11 1884 1867 1888/1858 Sep 11 1901 1884 1906/1874 Dec 11 1924 1908 1928/1898 Mar 12 1939 1924 1942/1913 COFFEE (US$/tonne) Close Prev High/Low Jul 11 2214 2258 2261/2211 Sep 11 2252 2296 2302/2248 Nov 11 2277 2322 2325/2275 Jan 12
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5488 27 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
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      59 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES Importers looking for Warehouse Can they find your services in the Shipping Times? FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here
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      3 28 TO ADVERTISE IN
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  • executive lifestyle
    • Article
      Lock icon Making the cut with husbands
      579 29  -  OFFTHE CUFF Jaime Ee DEAR aspiring members of the Obedient Wives Club, I am a recruiting agent for an offshoot of that infamous Malaysian club where wives are expected to behave like first- class prostitutes in order to satisfy their husbands sexually and give them
      579 words
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      Lock icon Big buzz in Little India
      1559 29  -  Rarely associated with the hip crowd, things are starting to change for Little India. MELISSA LWEE-RAMSAY looks at how new businesses are buying into the haphazard charms and making it the latest lifestyle hub in Singapore MELISSA LWEE-RAMSAY THERE is something brewing in the air
      PHOTOS: ZSOFI TAPAS BAR; JOHN HENG; WANDERLUST  -  1,559 words
    • CINEMA
      • Article, Illustration
        Lock icon Don’t leave it to Beaver
        551 30  -  By GEOFFREY EU THE Beaver is a dark and dour tale about a man who fights his inner demons by communicating with the outside world through a furry hand puppet. Given a risky but not (by Hollywood standards) entirely preposterous premise, this film could have
        SUMMIT ENTERTAINMENT  -  551 words
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        Lock icon Lowdown on Highness
        614 30  -  A spaced-out script hobbles Your Highness’s aspirations, reviews DYLAN TAN IT doesn’t take long before one realises the “highness” in the title of this mediaeval spoof doesn’t just refer to the wannabe-royal that actor and co-writer Danny McBride plays. No stranger to stoner comedies, the pudgy American
        UNIVERSAL PICTURES  -  614 words
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        Lock icon Samurais bay for blood
        465 30  -  By DYLAN TAN BETTER known for his brand of slasher cinema outside his home country, prolific Japanese director Takashi Miike displays a sensitive side with 13 Assassins, an elaborate and respectful reworking of Eeichi Kudo’s 1963 black-and-white film of the same name. The first hour is
        PHOTOS: MAGNET  -  465 words
      • Article, Illustration
        Lock icon Tolstoy's last stand
        538 30  -  DVD REVIEW By TAN TECK HENG WHILE summer blockbusters mine comic book superheroes for material, films out to nab prestigious film awards usually look to historical figures for inspiration. In the case of The Last Station (which got a couple of Golden Globe and Oscar nominations), Russian
        SONY PICTURES CLASSICS  -  538 words
    • PROFILE/GAMING
      • Article, Illustration
        Lock icon BBC pans to Asia
        915 31  -  BBC Worldwide chief executive John Smith tells CHRISTOPHER LIM about localisation, digital opportunities and plans for expansion here CHRISTOPHER LIM SINGAPORE’S a hot topic, says BBC Worldwide chief executive John Smith, which is why it is high on the list of places in which the BBC
        915 words
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        Lock icon Green with envy
        415 31  -  GAMING REVIEW By CHRISTOPHER LIM THE best thing about Green Lantern: Rise of the Manhunters is the same thing that propelled the movie that inspired it to strong box-office success actor Ryan Reynolds, who stars in the movie as the first human Green Lantern, Hal Jordan, and
        415 words
    • ARTS
      • AROUNDTOW
        • Article, Illustration
          Lock icon Kylie channels her Greek goddess
          180 32 AS part of her Aphrodite Live 2011 World Tour, international pop star Kylie Minogue (right) is performing in Singapore next Wedneday night at the Singapore Indoor Stadium. Received to rave reviews in its runs through Europe and the United States, the Aphrodite World Tour is
          180 words
        • Article
          Lock icon TheatreWorks' playwriting feat
          169 32 TheatreWorks’ annual 24-Hour Playwriting competition is back this year at Outward Bound Singapore on Pulau Ubin. Focusing on the lighter side of playwriting, the competition aims to spotlight potential playwriting talents in making playwriting and creativity a major part of people’s lives. In conjuction with South East
          169 words
      • Article, Illustration
        Lock icon Art of war
        852 32  -  An army of ancient Terracotta Warriors at the Asian Civilisations Museum still stoically stand guard for China’s first emperor, who has long deserted them for a heavenly abode, writes TAN TECK HENG TAN TECK HENG EVER since they were discovered in 1974 in Xi’an, Shanxi province, the
        852 words
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        Lock icon Arts test's new business edge
        621 32  -  By NATALIE KOH AFTER disappearing for a year,Asia On the Edge (AOTE) is back, but in almost unrecognisable fashion with a new organiser and different agenda. Gone are the keynote celebrity speakers that gave its inaugural 2008 festival a starry edge, and the emphasis on
        PHOTOS: ASIA ON THE EDGE  -  621 words
    • WINE/MUSIC
      • Article, Illustration
        Lock icon Folk gems of a different stroke
        660 33  -  CD REVIEWS By CHRISTOPHER LIM FOLK music used to be a fairly narrow genre but today its borders are eclectically wide. In addition to folk rock, some bluegrass falls under the folk umbrella, and there are few things more quintessentially folk-like than singing a
        AP  -  660 words
      • Article, Illustration
        Lock icon Classic Burgundy year
        1144 33  -  Higher acidity and a more compact body make for a classic 2010, writes N K YONG Disclaimer: The author is involved in the distribution ofMugnier wines in Singapore AS I write this, I am sitting on the patio of a friend’s house in the little village of
        1,144 words
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        Lock icon A flourish of young classical talent
        702 33  -  By CHRISTOPHER LIM SINGAPORE’s amateur musical talents showed their prowess in a recent (and upcoming) concert, proving that they have the potential to be stars in their own right. Local violinist Gabriel Ng helped to demonstrate this point last Friday when he performed Elgar’s
        PHOTOS: ANTHONY TSANG  -  702 words
    • BOOKS
      • Article, Illustration
        Lock icon The Tao of Theroux
        863 34  -  Paul Theroux talks to CLARISSA TAN about travelling, tweeting, the Tao of things and, of course, his sojourn in Singapore in the 1960s CLARISSA TAN WHEN you mention that you come from Singapore, Paul Theroux rather eagerly chips in that he once lived here “I was
        863 words
      • Article, Illustration
        Lock icon Travel light
        454 34  -  BOOK REVIEW By CLARISSA TAN WHAT to expect from a book called The Tao of Travel? Is it anything, you wonder, like The Tao of Pooh? Or seeing as this is by celebrated author Paul Theroux, after all more akin to the Tao Te Ching? This book is
        454 words
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      86 31 L E S AMIS DU CREDIT SUISSE Credit Suisse: Innovation In Art Series D V a n a HIST 1965-2010 A Selection from the Centre Pompidou and Singapore Art Museum Collections Credit Suisse Innovation In Art Series I M/74JB V \JV I "tmuse i AS LONG-TERM SPONSOR OF THE SINGAPORE
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      76 32 ■A J m A ><> mm v2 fes mi 8* r--. 4 W >. Si i* s* 5 k v i smi-m H' m Nn i S9S sr. *1 V s W *C "THE MAIN EVENT IN THE WORLD OF THE ARTS" SPH THE STRAITS TIMES, LIFE! EARLY BIRD NOW
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  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      295 33 CRYPTIC CROSSWORD Across 1 It protects one against a fall (8) 6 Bird that’s big at the fair (6) 9 Cat, one in a hundred, shows this kind of energy (6) 10 One under-employed in Cornwall (3,5) 11 Harsh-sounding climate left burning (8) 12 What pitchers do in a field
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